ANDOYA
ActiveSummary
ANDOYA has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €23,737 and a net result of €63,459. Equity is shrinking by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 18% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency41▲+1
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.38 against 1.41 in 2023; short-term debt: 69.3% and cash: 73.5% of total assets), and 84.2% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
15.8%
Return on assets
42.2%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 37948 sector peers (2024).
NBB · sector comparisonPosition among 37948 sector peers
Solvency
better than 18%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year €23,737
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-08-2025, 12 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
12 d late
2023
8 d early
2022
27 d early
2021
2 d early
2020
1 d early
2019
27 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average on the deadline day; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€23,737▲ 17.1%
2023 · €20,278
Total assets
€150,454▲ 9.8%
2023 · €136,987
Net result
€63,459▲ 5.2%
2023 · €60,326
Working capital
€40,060▲ 4.6%
2023 · €38,284
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€33,809▲ 116%-€10,719€39,949€76,707▲ 92.0%€81,848▲ 6.7%
Net result€26,759▲ 135%-€11,173€32,568€60,326▲ 85.2%€63,459▲ 5.2%
Equity€48,958▲ 113%€43,984▼ 10.2%€19,952▼ 54.6%€20,278▲ 1.6%€23,737▲ 17.1%
Total assets€79,937▲ 24.4%€60,554▼ 24.2%€84,316▲ 39.2%€136,987▲ 62.5%€150,454▲ 9.8%
Debt€30,979▼ 24.9%€16,569▼ 46.5%€64,364▲ 288%€116,709▲ 81.3%€126,717▲ 8.6%
Working capital€50,351▲ 141%€32,140▼ 36.2%€29,649▼ 7.7%€38,284▲ 29.1%€40,060▲ 4.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 7% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €150,454
Fixed assets
€6,161 ▲ 8.9%
Current assets
€144,293 ▲ 9.9%
Equity and liabilities €150,454
Equity
€23,737 ▲ 17.1%
Debt
€126,717 ▲ 8.6%
Debt's share of the balance-sheet total falls from 85.2% to 84.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€84,212▲
2023 · €82,661
Cash flow
€65,823▼
2023 · €66,280
Current ratio
1.38▼
2023 · 1.41
Debt to equity
5.34▼
2023 · 5.76
ROE
267.3%▼
2023 · 297.5%
ROA
42.2%▼
2023 · 44.0%
Interest coverage
49.35▼
2023 · 195.23
Debt ≤ 1 year
€104,234▲
2023 · €93,047
Income taxes
€16,683▲
2023 · €15,958
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,703 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,703 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,989 | €5,419 | €5,830 | €5,954 | €2,364 | ▼ 60.3% |
| Other operating charges640/8 | - | - | €695 | €384 | €450 | ▲ 17.2% |
| Non-recurring operating charges66A | - | - | €259 | €0 | - | - |
| Gross operating margin9900 | €38,797 | -€5,300 | €46,733 | €83,046 | €84,662 | ▲ 1.9% |
| Operating profit (loss)9901 | €33,809 | -€10,719 | €39,949 | €76,707 | €81,848 | ▲ 6.7% |
| Financial income75/76B | - | €0 | €2 | €0 | €0 | - |
| Recurring financial income75 | €89 | €0 | €2 | €0 | €0 | - |
| Financial charges65/66B | - | €75 | €91 | €423 | €1,706 | ▲ 303% |
| Recurring financial charges65 | €65 | €75 | €91 | €423 | €1,706 | ▲ 303% |
| Profit (loss) for the period before taxes9903 | €33,832 | -€10,794 | €39,860 | €76,283 | €80,142 | ▲ 5.1% |
| Income taxes67/77 | €7,073 | €379 | €7,292 | €15,958 | €16,683 | ▲ 4.5% |
| Profit (loss) for the period9904 | €26,759 | -€11,173 | €32,568 | €60,326 | €63,459 | ▲ 5.2% |
| Profit (loss) for the period to be appropriated9905 | €26,759 | -€11,173 | €32,568 | €60,326 | €63,459 | ▲ 5.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €79,937 | €60,554 | €84,316 | €136,987 | €150,454 | ▲ 9.8% |
| Fixed assets21/28 | €15,332 | €11,844 | €10,607 | €5,656 | €6,161 | ▲ 8.9% |
| Tangible fixed assets22/27 | €14,978 | €11,490 | €9,942 | €4,991 | €5,496 | ▲ 10.1% |
| Furniture and vehicles24 | - | €10,659 | €9,341 | €4,621 | €3,666 | ▼ 20.7% |
| Other tangible fixed assets26 | - | €831 | €600 | €370 | €1,830 | ▲ 395% |
| Financial fixed assets28 | €354 | €354 | €665 | €665 | €665 | = |
| Current assets29/58 | €64,605 | €48,709 | €73,710 | €131,331 | €144,293 | ▲ 9.9% |
| Amounts receivable within one year40/41 | €5,054 | €1,514 | €38,060 | €47,075 | €27,574 | ▼ 41.4% |
| Trade receivables40 | - | - | €34,981 | €39,033 | €15,201 | ▼ 61.1% |
| Other amounts receivable41 | - | €1,514 | €3,079 | €8,042 | €12,373 | ▲ 53.8% |
| Cash at bank and in hand54/58 | €58,556 | €46,207 | €33,625 | €79,145 | €110,531 | ▲ 39.7% |
| Deferred charges and accrued income490/1 | - | €989 | €2,024 | €5,111 | €6,189 | ▲ 21.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €79,937 | €60,554 | €84,316 | €136,987 | €150,454 | ▲ 9.8% |
| Equity10/15 | €48,958 | €43,984 | €19,952 | €20,278 | €23,737 | ▲ 17.1% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | €36,558 | €25,384 | €1,352 | €1,678 | €5,137 | ▲ 206% |
| Amounts payable17/49 | €30,979 | €16,569 | €64,364 | €116,709 | €126,717 | ▲ 8.6% |
| Amounts payable within one year42/48 | €14,253 | €16,569 | €44,061 | €93,047 | €104,234 | ▲ 12.0% |
| Financial debts43 | - | €0 | - | €18 | €18 | = |
| Other loans439 | - | €0 | - | €18 | €18 | = |
| Trade debts44 | €3,197 | €2,736 | €2,655 | €3,310 | €1,265 | ▼ 61.8% |
| Suppliers440/4 | - | €2,736 | €2,655 | €3,310 | €1,265 | ▼ 61.8% |
| Taxes, remuneration and social security45 | - | €433 | €9,805 | €12,141 | €10,069 | ▼ 17.1% |
| Taxes450/3 | - | €433 | €9,805 | €12,141 | €10,069 | ▼ 17.1% |
| Other amounts payable47/48 | - | €13,400 | €31,600 | €77,578 | €92,881 | ▲ 19.7% |
| Accrued charges and deferred income492/3 | - | €0 | €20,303 | €23,662 | €22,483 | ▼ 5.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,759 | -€11,173 | €32,568 | €60,326 | €63,459 | ▲ 5.2% |
| + Depreciation and write-downs630 | €4,989 | €5,419 | €5,830 | €5,954 | €2,364 | ▼ 60.3% |
| Operating cash flow (approximation) | €31,748 | -€5,754 | €38,398 | €66,280 | €65,823 | ▼ 0.7% |
| Investment in fixed assets (approximation) | - | -€1,931 | -€4,592 | -€1,004 | -€2,869 | ▼ 186% |
| Change in cash | - | -€12,349 | -€12,582 | €45,520 | €31,386 | ▼ 31.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
31-12
Financial
Highest result since 2019net €63,459 ▲5.2%
Operating result €81,848, net result €63,459, both a record.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €32,568
Net result €32,568 after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€11,173
Net result drops to -€11,173, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity doublescurrent ratio 4.53
Current ratio from 1.81 to 4.53; short-term debt falls from €25,643 to €14,253.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tervuren · 1 establishment unit since 2018
Ground area
99 m²
Building footprint
99 m²
Parcel 24114A0074/00L003, Flanders. Linked by address, not a title deed.
1 establishment unit
ANDOYA
since 20182.282.549.857
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24114A0074/00L003 | Flanders | 99 m² | 1 · 99 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 32,378 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-12-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID
0208:0715470911
Also
9925:BE0715470911
Registered
12-04-2024
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.