ANDRE
InactiveFinancials · financial year 2025, micro format
Equity
-€83,560▼ 93.5%
2024 · -€43,190
Total assets
€51,306▼ 9.1%
2024 · €56,444
Net result
-€40,371▼ 204%
2024 · -€13,289
Working capital
-€122,717▼ 44.8%
2024 · -€84,757
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €38,508 in 2025 against €11,422 in 2024; the loss grows and 2025 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€38,508
2025
Net result-€40,371
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€51,306
2025
Equity-€83,560
2025
Debt€134,866
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€122,717
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€6,011--€17,129▼ 185%-€2,629▲ 84.7%€4,013€31,297▲ 680%-€8,356-€11,422▼ 36.7%-€38,508▼ 237%
Net result-€12,646--€19,308▼ 52.7%-€4,180▲ 78.4%€2,524€29,471▲ 12×-€13,203-€13,289▼ 0.6%-€40,371▼ 204%
Equity-€25,205--€44,513▼ 76.6%-€48,693▼ 9.4%-€46,169▲ 5.2%-€16,698▲ 63.8%-€29,901▼ 79.1%-€43,190▼ 44.4%-€83,560▼ 93.5%
Total assets€73,808-€71,927▼ 2.5%€80,827▲ 12.4%€76,293▼ 5.6%€83,920▲ 10.0%€61,072▼ 27.2%€56,444▼ 7.6%€51,306▼ 9.1%
Debt€99,014-€116,440▲ 17.6%€129,520▲ 11.2%€122,462▼ 5.4%€100,617▼ 17.8%€90,973▼ 9.6%€99,634▲ 9.5%€134,866▲ 35.4%
Working capital-€63,571--€81,884▼ 28.8%-€87,551▼ 6.9%-€91,792▼ 4.8%-€60,049▲ 34.6%-€68,973▼ 14.9%-€84,757▼ 22.9%-€122,717▼ 44.8%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51,306
Fixed assets
€39,921 ▼ 4.8%
Current assets
€11,385 ▼ 21.6%
Equity and liabilities
Equity-€83,560
Debt€134,866
Equity is negative: debt (€134,866) exceeds the balance-sheet total (€51,306).
Key figures and ratios
EBITDA
-€35,968▼
2024 · -€9,057
Cash flow
-€37,831▼
2024 · -€10,924
Solvency
-162.9%▼
2024 · -76.5%
Current ratio
0.08▼
2024 · 0.15
Quick ratio
0.06▼
2024 · 0.08
ROA
-78.7%▼
2024 · -23.5%
Interest coverage
-19.47▼
2024 · -4.96
Debt ≤ 1 year
€134,101▲
2024 · €99,272
Income taxes
€141▲
2024 · €140
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €3,306 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,101 | €1,110 | €346 | €2,034 | €2,523 | €2,390 | €2,365 | €2,540 | ▲ 7.4% |
| Other operating charges640/8 | - | - | - | €2,315 | €2,170 | €2,007 | €2,503 | €1,676 | ▼ 33.1% |
| Non-recurring operating charges66A | - | - | - | - | €288 | - | - | €63 | - |
| Gross operating margin9900 | -€11,625 | -€8,688 | -€128 | €8,362 | €36,278 | -€3,959 | -€6,554 | -€34,230 | ▼ 422% |
| Operating profit (loss)9901 | -€6,011 | -€17,129 | -€2,629 | €4,013 | €31,297 | -€8,356 | -€11,422 | -€38,508 | ▼ 237% |
| Financial income75/76B | - | - | - | €23 | €80 | €37 | €99 | €125 | ▲ 27.1% |
| Recurring financial income75 | €2 | €310 | €75 | €23 | €80 | €37 | €99 | €125 | ▲ 27.1% |
| Financial charges65/66B | - | - | - | €1,146 | €1,516 | €4,723 | €1,826 | €1,847 | ▲ 1.1% |
| Recurring financial charges65 | €5,946 | €2,219 | €1,350 | €1,146 | €1,516 | €4,723 | €1,826 | €1,847 | ▲ 1.1% |
| Profit (loss) for the period before taxes9903 | -€12,038 | -€19,019 | -€3,903 | €2,889 | €29,862 | -€13,043 | -€13,149 | -€40,230 | ▼ 206% |
| Income taxes67/77 | €608 | €289 | €277 | €365 | €391 | €161 | €140 | €141 | ▲ 1.0% |
| Profit (loss) for the period9904 | -€12,646 | -€19,308 | -€4,180 | €2,524 | €29,471 | -€13,203 | -€13,289 | -€40,371 | ▼ 204% |
| Profit (loss) for the period to be appropriated9905 | -€12,646 | -€19,308 | -€4,180 | €2,524 | €29,471 | -€13,203 | -€13,289 | -€40,371 | ▼ 204% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €73,808 | €71,927 | €80,827 | €76,293 | €83,920 | €61,072 | €56,444 | €51,306 | ▼ 9.1% |
| Fixed assets21/28 | €39,416 | €38,585 | €40,221 | €47,197 | €44,674 | €42,632 | €41,929 | €39,921 | ▼ 4.8% |
| Tangible fixed assets22/27 | €39,416 | €38,585 | €40,221 | €47,197 | €44,674 | €42,632 | €41,929 | €39,921 | ▼ 4.8% |
| Land and buildings22 | - | - | - | €38,000 | €38,000 | €38,000 | €38,000 | €38,000 | = |
| Furniture and vehicles24 | - | - | - | €9,197 | €6,674 | €4,632 | €3,929 | €1,921 | ▼ 51.1% |
| Current assets29/58 | €34,392 | €33,342 | €40,606 | €29,096 | €39,246 | €18,439 | €14,515 | €11,385 | ▼ 21.6% |
| Stocks and contracts in progress3 | €14,987 | €15,681 | €15,330 | €9,383 | €4,229 | €4,135 | €6,211 | €3,595 | ▼ 42.1% |
| Stocks30/36 | - | - | - | €9,383 | €4,229 | €4,135 | €6,211 | €3,595 | ▼ 42.1% |
| Amounts receivable within one year40/41 | €18,610 | €14,830 | €24,344 | €6,888 | €32,191 | €12,851 | €5,658 | €4,795 | ▼ 15.3% |
| Trade receivables40 | - | - | - | €6,888 | €30,236 | €10,934 | €4,780 | €4,372 | ▼ 8.5% |
| Other amounts receivable41 | - | - | - | - | €1,955 | €1,917 | €878 | €423 | ▼ 51.8% |
| Cash at bank and in hand54/58 | - | €1,716 | €319 | €12,279 | €1,796 | €1,036 | €1,960 | €2,298 | ▲ 17.3% |
| Deferred charges and accrued income490/1 | - | - | - | €547 | €1,030 | €417 | €685 | €696 | ▲ 1.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €73,808 | €71,927 | €80,827 | €76,293 | €83,920 | €61,072 | €56,444 | €51,306 | ▼ 9.1% |
| Equity10/15 | -€25,205 | -€44,513 | -€48,693 | -€46,169 | -€16,698 | -€29,901 | -€43,190 | -€83,560 | ▼ 93.5% |
| Contributions10/11 | €57,000 | €57,000 | - | €57,000 | €57,000 | €57,000 | €57,000 | €57,000 | = |
| Reserves13 | €168 | €168 | €168 | €168 | €168 | €168 | €168 | €168 | = |
| Non-distributable reserves130/1 | - | - | - | €168 | €168 | €168 | €168 | €168 | = |
| Reserves not available under the articles1311 | - | - | - | €168 | €168 | €168 | €168 | €168 | = |
| Profit (loss) carried forward14 | -€82,374 | -€101,681 | -€105,861 | -€103,337 | -€73,866 | -€87,069 | -€100,358 | -€140,729 | ▼ 40.2% |
| Amounts payable17/49 | €99,014 | €116,440 | €129,520 | €122,462 | €100,617 | €90,973 | €99,634 | €134,866 | ▲ 35.4% |
| Amounts payable within one year42/48 | €97,963 | €115,226 | €128,157 | €120,888 | €99,294 | €87,413 | €99,272 | €134,101 | ▲ 35.1% |
| Financial debts43 | - | - | - | - | €7,864 | €7,594 | €8,051 | €9,350 | ▲ 16.1% |
| Credit institutions430/8 | - | - | - | - | €7,864 | €7,594 | €8,051 | €9,350 | ▲ 16.1% |
| Trade debts44 | €29,055 | €20,136 | €18,750 | €9,569 | €30,674 | €11,783 | €15,636 | €7,909 | ▼ 49.4% |
| Suppliers440/4 | - | - | - | €9,569 | €30,674 | €11,783 | €15,636 | €7,909 | ▼ 49.4% |
| Advances received on contracts in progress46 | - | - | - | €27,914 | €2,009 | €8,310 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €1,745 | €1,011 | €1,061 | €555 | €535 | ▼ 3.5% |
| Taxes450/3 | - | - | - | €1,745 | €1,011 | €1,061 | €555 | €535 | ▼ 3.5% |
| Other amounts payable47/48 | - | - | - | €81,660 | €57,736 | €58,665 | €75,030 | €116,307 | ▲ 55.0% |
| Accrued charges and deferred income492/3 | - | - | - | €1,574 | €1,323 | €3,560 | €361 | €765 | ▲ 112% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€12,646 | -€19,308 | -€4,180 | €2,524 | €29,471 | -€13,203 | -€13,289 | -€40,371 | ▼ 204% |
| + Depreciation and write-downs630 | €3,101 | €1,110 | €346 | €2,034 | €2,523 | €2,390 | €2,365 | €2,540 | ▲ 7.4% |
| Operating cash flow (approximation) | -€9,546 | -€18,198 | -€3,834 | €4,558 | €31,994 | -€10,813 | -€10,924 | -€37,831 | ▼ 246% |
| Investment in fixed assets (approximation) | - | -€279 | -€1,983 | -€9,010 | €0 | -€349 | -€1,661 | -€532 | ▲ 68.0% |
| Change in cash | - | - | -€1,397 | €11,960 | -€10,482 | -€760 | €924 | €338 | ▼ 63.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 40 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 03-06-2026 | 2026-00135514 |
| 31-12-2024 | micro format | 25-06-2025 | 2025-00177721 |
| 31-12-2023 | micro format | 27-09-2024 | 2024-00476652 |
| 31-12-2022 | micro format | 03-08-2023 | 2023-00310781 |
| 31-12-2021 | micro format | 30-06-2022 | 2022-20152885 |
| 31-12-2020 | micro format | 29-09-2021 | 2021-69900156 |
| 31-12-2019 | micro format | 26-10-2020 | 2020-63400414 |
| 31-12-2018 | micro format | 30-07-2019 | 2019-41100217 |
| 31-12-2017 | micro format | 17-08-2018 | 2018-46800178 |
| 31-12-2016 | micro format | 18-08-2017 | 2017-45800415 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.