Checked.be · Company dossierhttps://checked.be/en/c/andraste-0884512118 · as of 11-10-2026
ANDRASTE
Active
Public limited company · founded 2006 · active for 19 yearsStationsstraat 243, 9550 Herzele, BelgiumKBO/BCE: BE 0884.512.118
Summary
The computed 12-month bankruptcy probability of ANDRASTE is 11.4% (high). For ANDRASTE, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €53,362 and a net result of €5,643. Equity is shrinking by about 2.7% per year across the filed financial years. The company has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals.
Signalsraises riskFigures for financial year 2023 (filed 17-09-2025)2 financial years not filed after the legal deadline; latest accounts 413 days late; 3 of the last 3 lateLiquidity: current ratio 2.69Two or more financial years not filedFiled more than 90 days latelowers riskSize: total assets €87,426Show the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2021
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency86-1
equity 61.0% of total assets
Liquidity66-1
short-term debt 37.2%
Profitability54+16
return on assets 6.5%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
11.4%High
0%0.5%1.5%4%10%≥ 25%
About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months11-2024: 11.2%12-2024: 11.1%▼ -0.1 percentage points vs 11-202401-2025: 11.1%● unchanged vs 12-202402-2025: 11.3%▲ +0.2 percentage points vs 01-202503-2025: 11.3%● unchanged vs 02-202504-2025: 11.4%▲ +0.1 percentage points vs 03-202505-2025: 13.0%▲ +1.6 percentage points vs 04-2025highest value06-2025: 13.0%● unchanged vs 05-2025highest value07-2025: 13.0%● unchanged vs 06-2025highest value08-2025: 12.4%▼ -0.6 percentage points vs 07-202509-2025: 12.4%● unchanged vs 08-202510-2025: 6.1%▼ -6.3 percentage points vs 09-202511-2025: 5.8%▼ -0.3 percentage points vs 10-2025lowest value12-2025: 7.0%▲ +1.2 percentage points vs 11-202501-2026: 10.8%▲ +3.8 percentage points vs 12-202502-2026: 10.8%● unchanged vs 01-202603-2026: 11.1%▲ +0.3 percentage points vs 02-202604-2026: 10.7%▼ -0.4 percentage points vs 03-202605-2026: 10.7%● unchanged vs 04-202606-2026: 10.7%● unchanged vs 05-202607-2026: 10.7%● unchanged vs 06-202608-2026: 11.4%▲ +0.7 percentage points vs 07-202609-2026: 11.4%● unchanged vs 08-202610-2026: 11.4%● unchanged vs 09-2026
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
31-12-2024 year end31-07-2025 deadline11-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 17-09-2025, 413 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
This company filed its last 5 accounts on average 548 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Annual accounts filedfinancial year 2023 · micro…
Highest result from 2018 to 2023net €5,643 ▲4,559%
Annual accounts filedfinancial year 2021 · micro…
Key points
Risk: Accounts not fileddeadline was 31-07-2025437 days lateView