ANDRAL
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-02-2025, 156 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
156 d early
2023
153 d early
2022
18 d early
2021
26 d early
2020
18 d early
2019
24 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 66 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1.0m▲ 2,116%
2023 · €46,783
Working capital
€1.4m▲ 449%
2023 · €257,720
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€75,029▲ 271%€71,620▼ 4.5%€44,816▼ 37.4%€62,660▲ 39.8%€1.4m▲ 2,079%
Net result€56,180▲ 291%€53,608▼ 4.6%€33,558▼ 37.4%€46,783▲ 39.4%€1.0m▲ 2,116%
Equity€354,747▲ 6.6%€374,069▲ 5.4%€372,117▼ 0.5%€418,900▲ 12.6%€1.3m▲ 213%
Total assets€433,665▲ 6.9%€407,085▼ 6.1%€397,014▼ 2.5%€429,158▲ 8.1%€2.0m▲ 365%
Debt€78,918▲ 8.1%€33,016▼ 58.2%€24,897▼ 24.6%€10,258▼ 58.8%€349,128▲ 3,303%
Working capital€238,837▲ 15.5%€222,236▼ 7.0%€196,715▼ 11.5%€257,720▲ 31.0%€1.4m▲ 449%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 2,079% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.0m
Fixed assets
€235,000 ▲ 37.7%
Current assets
€1.8m ▲ 582%
Equity and liabilities €2.0m
Equity
€1.3m ▲ 213%
Provisions
€335,629
Debt
€349,128 ▲ 3,303%
Debt's share of the balance-sheet total rises from 2.4% to 17.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.4m▲
2023 · €80,152
Cash flow
€1.0m▲
2023 · €64,275
Current ratio
5.07
Debt to equity
0.27▲
2023 · 0.02
ROE
79.0%▲
2023 · 11.2%
ROA
51.9%▲
2023 · 10.9%
Interest coverage
9414.10▲
2023 · 283.38
Debt ≤ 1 year
€347,668▲
2023 · €748
Debt > 1 year
€1,460▼
2023 · €6,230
Income taxes
€11,167▼
2023 · €15,594
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,331 | €13,481 | €14,568 | €17,493 | €5,839 | ▼ 66.6% |
| Other operating charges640/8 | - | €12,145 | €12,144 | €13,027 | €11,198 | ▼ 14.0% |
| Gross operating margin9900 | €101,409 | €97,246 | €71,528 | €93,179 | €1.4m | ▲ 1,384% |
| Operating profit (loss)9901 | €75,029 | €71,620 | €44,816 | €62,660 | €1.4m | ▲ 2,079% |
| Financial income75/76B | - | - | - | - | €18,317 | - |
| Recurring financial income75 | €0 | - | - | - | €18,317 | - |
| Financial charges65/66B | - | €156 | €95 | €283 | €146 | ▼ 48.5% |
| Recurring financial charges65 | €145 | €156 | €95 | €283 | €146 | ▼ 48.5% |
| Profit (loss) for the period before taxes9903 | €74,884 | €71,464 | €44,721 | €62,377 | €1.4m | ▲ 2,118% |
| Transfer to deferred taxes680 | - | - | - | - | €335,629 | - |
| Income taxes67/77 | €18,704 | €17,855 | €11,163 | €15,594 | €11,167 | ▼ 28.4% |
| Profit (loss) for the period9904 | €56,180 | €53,608 | €33,558 | €46,783 | €1.0m | ▲ 2,116% |
| Transfer to tax-exempt reserves689 | - | - | - | - | €1.0m | - |
| Profit (loss) for the period to be appropriated9905 | €56,180 | €53,608 | €33,558 | €46,783 | €29,813 | ▼ 36.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €433,665 | €407,085 | €397,014 | €429,158 | €2.0m | ▲ 365% |
| Fixed assets21/28 | €178,274 | €164,793 | €188,182 | €170,689 | €235,000 | ▲ 37.7% |
| Tangible fixed assets22/27 | €178,274 | €164,793 | €188,182 | €170,689 | €235,000 | ▲ 37.7% |
| Land and buildings22 | - | €164,793 | €186,183 | €169,122 | €235,000 | ▲ 39.0% |
| Furniture and vehicles24 | - | - | €1,999 | €1,568 | - | - |
| Financial fixed assets28 | €0 | - | - | - | - | - |
| Current assets29/58 | €255,390 | €242,292 | €208,832 | €258,469 | €1.8m | ▲ 582% |
| Amounts receivable within one year40/41 | - | €2,145 | €8,837 | €4,406 | €1.8m | ▲ 39,849% |
| Trade receivables40 | - | - | - | - | €202,000 | - |
| Other amounts receivable41 | - | €2,145 | €8,837 | €4,406 | €1.6m | ▲ 35,264% |
| Cash at bank and in hand54/58 | €254,950 | €237,426 | €199,456 | €253,465 | €316 | ▼ 99.9% |
| Deferred charges and accrued income490/1 | - | €2,721 | €539 | €597 | €1,501 | ▲ 151% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €433,665 | €407,085 | €397,014 | €429,158 | €2.0m | ▲ 365% |
| Equity10/15 | €354,747 | €374,069 | €372,117 | €418,900 | €1.3m | ▲ 213% |
| Contributions10/11 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Capital10 | - | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Issued capital100 | - | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Revaluation surpluses12 | - | - | - | - | €191,507 | - |
| Reserves13 | €6,197 | €6,197 | €6,197 | €6,197 | €1.0m | ▲ 16,247% |
| Non-distributable reserves130/1 | - | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Legal reserve130 | - | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Tax-exempt reserves132 | - | - | - | - | €1.0m | - |
| Profit (loss) carried forward14 | €286,576 | €305,898 | €303,946 | €350,729 | €45,541 | ▼ 87.0% |
| Provisions and deferred taxes16 | - | - | - | - | €335,629 | - |
| Deferred taxes168 | - | - | - | - | €335,629 | - |
| Amounts payable17/49 | €78,918 | €33,016 | €24,897 | €10,258 | €349,128 | ▲ 3,303% |
| Amounts payable after more than one year17 | €61,785 | €11,120 | €12,200 | €6,230 | €1,460 | ▼ 76.6% |
| Other amounts payable178/9 | - | €11,120 | €12,200 | €6,230 | €1,460 | ▼ 76.6% |
| Amounts payable within one year42/48 | €16,554 | €20,056 | €12,117 | €748 | €347,668 | ▲ 46,371% |
| Trade debts44 | €2,564 | €7,771 | €1,464 | €748 | €1,501 | ▲ 101% |
| Suppliers440/4 | - | €7,771 | €1,464 | €748 | €1,501 | ▲ 101% |
| Taxes, remuneration and social security45 | - | €10,286 | €10,653 | - | €11,167 | - |
| Taxes450/3 | - | €10,286 | €10,653 | - | €11,167 | - |
| Other amounts payable47/48 | - | €2,000 | €0 | - | €335,000 | - |
| Accrued charges and deferred income492/3 | - | €1,840 | €580 | €3,280 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €56,180 | €53,608 | €33,558 | €46,783 | €1.0m | ▲ 2,116% |
| + Depreciation and write-downs630 | €14,331 | €13,481 | €14,568 | €17,493 | €5,839 | ▼ 66.6% |
| Operating cash flow (approximation) | €70,511 | €67,090 | €48,126 | €64,275 | €1.0m | ▲ 1,522% |
| Investment in fixed assets (approximation) | - | €0 | -€37,957 | €0 | -€70,150 | - |
| Change in cash | - | -€17,524 | -€37,971 | €54,010 | -€253,149 | ▼ 569% |
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
25-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €1.0m ▲2,116%
Operating result €1.4m, net result €1.0m, both a record.
31-12
Financial
Equity above €1mEq €1.3m ▲213%
7 profitable years in a row build equity to €1.3m.
29-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Liquidity times 20current ratio 345.48
Current ratio from 17.23 to 345.48; short-term debt falls from €12,117 to €748.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
10-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
26-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Structure & network
Owners and holdings
Owners 0
No owner stated in the accounts, acts or LEI register we read.
Stated earlier (1)
An older source named these owners; newer accounts no longer list them.
- Sourceown accounts 2024100%
Holdings 0
The accounts to 31-12-2024 list no holdings, and no other source names one.
According to the 2024 annual accounts of ANDRAL and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.