Equity
-€858,860
Debts exceed assets in financial year 2025.
ANDOR
Lifetime
20 annual accounts with figures on one time axis, 35 filings since 1991peak €152,632 (2016)
-€21,537▲ €192,737
lowest -€360,113 (2024)
-€155,343▲ €204,770
peak €1.1m (2015)
-€858,860▼ €155,343
€2.5m▲ 3.6%
Board4 names since 2015
4 directors and 3 others
Documentsfilings and deeds
11-08-202611 days late
2025abbreviated format
Gross margin from -€214,275 to -€21,537Loss of €155,343Equity from -€703,517 to -€858,860Cash from €16,004 to €31,718
Key points
from the 2025 annual accountsLosses
-€2.9m in 20 years
Every financial year from 2006 to 2025 closed with a loss. 2024 was the heaviest.
Debts
€2.5m 153% of the balance sheet
Financial debts 2%Suppliers 0%Taxes and wages 0%Other 98%
Of this, €2.4m falls due within a year.
2025 accounts filed 11 days after the deadlineTurnover not published (abbreviated format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,241 companies had the same profile as ANDOR has now. Each dot stands for 4 companies, two years later.
92.7%
were still trading
4.0%
stopped another way
1.9%
went bankrupt
Another 1.4% 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.
| 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 1,241 companies, not a prediction for ANDOR. 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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Signals
Recent changes
Company renamed to ANDOR
New name: ANDOR · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0442863792
4 directors reappointed
, (managing director), and · Permanent representative: · General meeting of 29-04-2021 · Gazette deed
Reappointment: (director)
Permanent representative: · General meeting of 31-07-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ANDOR Lievegem | €1.6m | -€21,537 | -52.6% | - |
| INMATY Ghent | €1.5m | -€24,515 | 50.6% | - |
| KGRE 3 Keerbergen | €1.6m | -€6,943 | 45.3% | - |
| Société agricole et forestière de la Franche Terre de Fagnolle La Hulpe | €1.8m | -€14,259 | 27.3% | - |
| THORO INVEST Bekkevoort | €1.4m | -€26,731 | 1.9% | - |
| BORVO Duffel | €1.4m | -€8,192 | 80.8% | - |
| RTC Dilsen-Stokkem | €1.4m | -€77,791 | -19.9% | - |
These companies have the same main activity as ANDOR: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €1.4m and €1.8m, founded between 1987 and 1992.
Official details
Source: KBO- Status
- Active since 26-12-1990Normal situation
- Activity
- Buying and selling of own real estateNACE 68110and 2 others
- Establishment unit
- 2.052.535.3419920 Lievegem, since 24-04-1991
- Financial year end
- 31 December
- Peppol
- Reachable since 28-08-2023
Insights on ANDOR
ANDOR files the abbreviated format. That format states no turnover. The gross margin fell from €17,334 in 2006 to -€21,537 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 ANDOR
- What is the company number of ANDOR?
- The company number of ANDOR is 0442.863.792. The VAT number is the same number with BE in front: BE 0442.863.792.
- Where is ANDOR based?
- The registered office is at Grote Baan 117, 9920 Lievegem.Company details
- What does ANDOR do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of ANDOR?
- ANDOR is a public limited company (NV).
- When was ANDOR founded?
- ANDOR was founded on 26-12-1990.
- Is ANDOR still active?
- Yes, ANDOR is an active enterprise in the KBO register.
- What is the turnover of ANDOR?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
- Is ANDOR profitable?
- In financial year 2025, ANDOR made a loss of €155,343.
- Where can I find the annual accounts of ANDOR?
- ANDOR filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ANDOR due?
- ANDOR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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