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ANDO

Active Private limited companyfounded 2003active for 23 yearsGrote Negenbundersstraat 41, 3511 HasseltKBO/BCE: BE 0860.457.603

Lifetime

15 annual accounts with figures on one time axis
peak €78,965 (2013)
€17,823▼ 44.2%
lowest -€19,620 (2020)
€10,660▼ 54.1%
peak €127,490 (2013)
€122,016▲ 9.6%
€8,459▲ 11.8%
peak 1.4 FTE (2014)
-not published
Board5 names since 2015
1 director
Documentsfilings and deeds
22-06-202639 days before the deadline
2025micro format
Gross margin from €31,940 to €17,823Result from €23,210 to €10,660

Key points

from the 2025 annual accounts

Turnover

≈ €180,000 estimated

The micro format states no turnover.

Filings

15 annual accounts since 2011
AprilJune31 JulyOctober201520202025

The 2016 accounts came 19 days late. The other nine of the last ten were filed on time.

Position in the sector

93.5%

Higher solvency than 95% of companies in specialised construction. Sector median 46.9% · 37,177 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,386 companies had the same profile as ANDO has now. Each dot stands for 79 companies, two years later.

93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,386 companies, not a prediction for ANDO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0860457603
Amendment of the articles · Legal-form change · Resignations & appointments Legal-form conversion: from private limited company (pre-2019) to private limited company · Board composition: (director) · General meeting of 31-10-2023 · Gazette deed
Resignation: (manager) General meeting of 29-10-2018 · Gazette deed
New manager appointed, resigned · Director discharge: · General meeting of 23-03-2017 · Gazette deed
All 29 events

Comparable companies

same main activity, similar in size and age
Company
ANDO Hasselt €130,476 €17,823 93.5% -
METAALWERKEN CUPPERS Heusden-Zolder €124,266 €14,683 71.0% -
BEAUPAIN François Verviers €136,551 €19,843 31.1% -
AFSLUITINGEN VANDENNEUCKER KRISTOFF Pajottegem €117,651 €19,205 80.3% -
TIMMER- EN SCHRIJNWERKBEDRIJF VANHOLLEBEKE DIRK De Haan €135,306 €17,288 18.4% -
BAETENS DANIEL WND Mechelen €122,769 €20,769 83.4% -
TR Poorten Wortegem-Petegem €126,100 €16,255 22.1% -

These companies have the same main activity as ANDO: joinery installation (NACE 43320). They are comparable in size and age: total assets between €118,000 and €137,000, founded between 2001 and 2006.

Official details

Source: KBO
Status
Active since 12-09-2003Normal situation
Activity
Joinery installationNACE 43320
Establishment unit
2.133.184.5073511 Hasselt, since 01-09-2003
Financial year end
31 December
Peppol
Reachable since 27-09-2024
Company details

Annual accounts 2025

€130,476▲ 9.7%
Filing
Filed on 22-06-2026, 39 days before the end of the filing period
Financials

Insights on ANDO

ANDO files the micro format. That format states no turnover. The gross margin fell from €57,233 in 2011 to €17,823 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ANDO

What is the company number of ANDO?
The company number of ANDO is 0860.457.603. The VAT number is the same number with BE in front: BE 0860.457.603.
Where is ANDO based?
The registered office is at Grote Negenbundersstraat 41, 3511 Hasselt.Company details
What does ANDO do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of ANDO?
ANDO is a private limited company (BV).
When was ANDO founded?
ANDO was founded on 12-09-2003.
Is ANDO still active?
Yes, ANDO is an active enterprise in the KBO register.
What is the turnover of ANDO?
The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €17,823 and 56 comparable companies (NACE 43320). It probably lies between €110,000 and €350,000. It is a rough estimate.Financials
Is ANDO profitable?
In financial year 2025, ANDO made a profit of €10,660.
Where can I find the annual accounts of ANDO?
ANDO filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ANDO due?
ANDO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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