Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Of this, €31,449 falls due within a year.
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 3% of them on solvency, 1% on liquidity, 4% on profitability and 0% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 6,619 companies had the same profile as ANDRE has now. Each dot stands for 17 companies, two years later.
Another 1.0% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ANDRE itself is higher: 7.0% within 12 months. It rests on far more data about ANDRE than the profile alone.
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 6,619 companies, not a prediction for ANDRE. 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.
Liquidity is insufficient, with a current ratio of 0.96 (1.34 in 2024), below 1. Short-term debt is 97.3% and cash 0% of total assets. Equity is negative.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 62 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| ANDRE Chaudfontaine | €32,333 | -€8,442 | -29.1% | - |
| DIVACO - INTERIEURS Zulte | €33,681 | -€8,230 | -1.4% | - |
| Phix-it Roeselare | €32,852 | €999 | 65.7% | - |
| SERGE GHEM SRL Gesves | €37,005 | -€2,771 | -108.4% | - |
| KOON'S INTERNATIONAL Oupeye | €47,780 | -€7,147 | 99.3% | - |
| FABI Schaerbeek | €42,712 | -€33,657 | 57.2% | - |
| DE AFSLUITER Schilde | €24,051 | -€5,922 | -470.8% | - |
These companies have the same main activity as ANDRE: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €24,100 and €47,800, founded between 1985 and 1990.
ANDRE files the abbreviated format. That format states no turnover. The gross margin fell from €9,669 in 2006 to -€8,442 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover: not included in this filing.
Lower than 95% of 9,973 companies in 2025.
Higher than 17% of 9,836 companies in 2025.
Lower than 95% of 9,905 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
32,333 | 36,002 | 33,041 | 25,077 | 38,298 | 35,884 | 42,937 | 56,017 | 27,472 | 37,409 | 40,459 | 50,106 | 36,613 | 30,778 | 34,941 | 77,019 | 80,315 | 137,974 | 150,292 | |
21/28 |
2,075 | 2,573 | 430 | 1,119 | 2,079 | 970 | 919 | 1,298 | 4,821 | 13,534 | 18,858 | 16,724 | 5,444 | 10,578 | 13,984 | 19,123 | 9,603 | 11,959 | 7,827 | |
22/27 |
1,645 | 2,143 | - | 689 | 1,649 | 540 | 919 | 1,298 | 4,821 | 13,534 | 18,858 | 16,724 | 5,444 | 10,578 | 13,304 | 18,418 | 8,898 | 11,934 | 7,802 | |
23 |
1,645 | 2,143 | - | - | 270 | 540 | 809 | 1,079 | 83 | 165 | 248 | 331 | 165 | 547 | 2,534 | 4,820 | 6,281 | 7,322 | 1,199 | |
24 |
- | - | - | 689 | 1,379 | - | 109 | 219 | 4,738 | 13,368 | 18,610 | 16,393 | 5,279 | 10,031 | 3,272 | 3,600 | 2,617 | 4,612 | 6,603 | |
28 |
430 | 430 | 430 | 430 | 430 | 430 | - | - | - | - | - | - | - | - | 680 | 705 | 705 | 25 | 25 | |
29/58 |
30,258 | 33,429 | 32,611 | 23,957 | 36,219 | 34,915 | 42,019 | 54,719 | 22,651 | 23,876 | 21,602 | 33,382 | 31,169 | 20,200 | 20,957 | 57,896 | 70,712 | 126,015 | 142,465 | |
3 |
- | - | - | - | - | - | - | - | - | 180 | 180 | 180 | 180 | 342 | 894 | 1,362 | 2,135 | 3,099 | 5,602 | |
30/36 |
- | - | - | - | - | - | - | - | - | 180 | 180 | 180 | 180 | 342 | 894 | 1,362 | 2,135 | 3,099 | 5,602 | |
40/41 |
30,255 | 29,903 | 31,797 | 20,414 | 23,980 | 25,439 | 31,711 | 38,514 | 21,781 | 1,403 | 2,213 | 10,724 | 2,118 | 5,362 | 3,841 | 9,745 | 21,978 | 55,073 | 91,537 | |
40 |
29,179 | 27,591 | 31,414 | 18,950 | 14,797 | 11,180 | 19,747 | 30,572 | 21,380 | 1,403 | 2,213 | 2,042 | 2,118 | 3,044 | 2,910 | 3,669 | 5,040 | 4,959 | 4,387 | |
41 |
1,076 | 2,312 | 384 | 1,464 | 9,183 | 14,259 | 11,964 | 7,942 | 401 | - | - | 8,682 | - | 2,318 | 931 | 6,076 | 16,938 | 50,114 | 87,150 | |
50/53 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 901 | |
54/58 |
3 | 3,526 | 814 | 3,544 | 12,239 | 9,476 | 6,221 | 8,915 | 870 | 21,103 | 19,109 | 22,312 | 28,649 | 14,326 | 15,677 | 17,393 | 10,801 | 31,172 | 44,425 | |
490/1 |
- | - | - | - | - | - | 4,086 | 7,291 | - | 1,190 | 99 | 166 | 222 | 170 | 545 | 29,396 | 35,798 | 36,671 | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
32,333 | 36,002 | 33,041 | 25,077 | 38,298 | 35,884 | 42,937 | 56,017 | 27,472 | 37,409 | 40,459 | 50,106 | 36,613 | 30,778 | 34,941 | 77,019 | 80,315 | 137,974 | 150,292 | |
10/15 |
-9,410 | 709 | 10,175 | 5,613 | 26,037 | 25,380 | 30,672 | 46,372 | 21,932 | 24,219 | 23,951 | 20,739 | 21,593 | 29,996 | 24,078 | 64,110 | 79,999 | 137,086 | 139,977 | |
10/11 |
18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
10 |
18,592 | 18,592 | 18,592 | 18,592 | 18,592 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
13 |
1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | |
130/1 |
1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | |
14 |
-29,861 | -19,743 | -10,277 | -14,838 | 5,585 | 4,929 | 10,221 | 25,921 | 1,480 | 3,768 | 3,499 | 288 | 1,142 | 9,545 | 3,627 | 43,659 | 59,548 | 116,635 | 119,526 | |
17/49 |
41,743 | 35,294 | 22,867 | 19,463 | 12,261 | 10,504 | 12,266 | 9,645 | 5,540 | 13,190 | 16,508 | 29,367 | 15,020 | 782 | 10,863 | 12,909 | 316 | 888 | 10,315 | |
17 |
10,294 | 10,294 | 10,294 | 8,325 | 5,035 | 1,568 | 334 | 1,818 | - | 5,333 | 8,964 | 12,488 | - | - | 8,487 | 10,438 | - | - | - | |
170/4 |
10,294 | 10,294 | 10,294 | 8,325 | 5,035 | 1,568 | 334 | 1,818 | - | 5,333 | 8,964 | 12,488 | - | - | 8,487 | 10,438 | - | - | - | |
42/48 |
31,449 | 25,000 | 12,573 | 9,434 | 3,360 | 8,733 | 11,932 | 7,827 | 5,369 | 6,846 | 7,545 | 16,865 | 15,020 | 782 | 2,376 | 2,471 | 316 | 888 | 10,315 | |
42 |
- | - | - | - | - | - | - | - | - | 3,631 | 3,524 | 3,420 | - | - | 1,952 | 1,779 | - | - | - | |
43 |
391 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
430/8 |
391 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
44 |
7,945 | 9,836 | 5,152 | 4,847 | 3,260 | 8,733 | 8,707 | 6,226 | 869 | 2,046 | 544 | 432 | 221 | 62 | 364 | 73 | 316 | 840 | 359 | |
440/4 |
7,945 | 9,836 | 5,152 | 4,847 | 3,260 | 8,733 | 8,707 | 6,226 | 869 | 2,046 | 544 | 432 | 221 | 62 | 364 | 73 | 316 | 840 | 359 | |
46 |
1,385 | 1,385 | 1,385 | 3,765 | - | - | 922 | - | - | - | - | - | - | - | - | - | - | - | - | |
45 |
21,728 | 13,779 | 6,035 | 822 | 99 | - | 2,302 | 1,601 | 1,000 | 60 | 2,367 | 5,512 | 602 | 720 | 60 | 619 | - | - | 7,956 | |
450/3 |
- | - | - | 822 | 79 | - | 302 | 1,601 | 1,000 | 60 | 2,367 | 5,512 | 602 | 720 | 60 | 619 | - | - | 7,956 | |
454/9 |
21,728 | 13,779 | 6,035 | - | 20 | - | 2,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
47/48 |
- | - | - | - | - | - | - | - | 3,501 | 1,110 | 1,110 | 7,500 | 14,197 | - | - | - | - | 48 | 2,000 | |
492/3 |
- | - | - | 1,705 | 3,867 | 203 | - | - | 171 | 1,011 | - | 14 | - | - | - | - | - | - | - | |
| Income statement | ||||||||||||||||||||
76A |
- | - | - | - | - | 955 | 3,382 | - | - | - | - | - | - | - | - | - | - | - | 30,998 | |
9900 |
-8,442 | -8,776 | 8,543 | -9,960 | 3,655 | 371 | -12,463 | 41,171 | -473 | 5,687 | 20,689 | 20,108 | 13,753 | 18,883 | 7,629 | 7,911 | -6,866 | 2,497 | 9,669 | |
630 |
498 | 345 | 689 | 959 | 959 | 379 | 379 | 379 | 2,810 | 5,761 | 6,048 | 3,891 | 5,423 | 7,059 | 7,178 | 5,846 | 4,504 | 4,159 | 2,750 | |
631/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,458 | |
635/8 |
- | - | - | 7,942 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
640/8 |
1,061 | 510 | 1,465 | 106 | 917 | 532 | 908 | 1,959 | 225 | 128 | 936 | 1,646 | 672 | 1,333 | 633 | 669 | 959 | 1,313 | 2,605 | |
66A |
- | - | - | - | - | 1,269 | 5,035 | - | - | - | - | - | - | - | - | - | - | - | - | |
9901 |
-10,001 | -9,632 | 6,389 | -18,967 | 1,779 | -540 | -13,749 | 38,833 | -3,508 | -202 | 13,705 | 14,571 | 7,658 | 10,491 | -182 | 1,396 | -12,329 | -2,975 | 1,856 | |
75/76B |
9 | 305 | 0 | 225 | 435 | 955 | 3,382 | 0 | 2,009 | 42 | 237 | 14 | 105 | 108 | 205 | 308 | 360 | 142 | 149 | |
75 |
9 | - | 0 | - | 1 | 0 | 0 | 0 | 62 | 42 | 237 | 14 | 105 | 108 | 205 | 308 | 360 | 142 | 149 | |
76B |
- | 305 | - | 225 | 434 | 955 | 3,382 | - | 1,947 | - | - | - | - | - | - | - | - | - | - | |
65/66B |
127 | 139 | 1,828 | 1,681 | 489 | 1,380 | 5,333 | 284 | 789 | 534 | 3,711 | 539 | 150 | 632 | 1,231 | 311 | 138 | 112 | 1,351 | |
65 |
127 | 139 | 121 | 103 | 89 | 110 | 298 | 284 | 624 | 534 | 3,711 | 539 | 150 | 632 | 1,231 | 311 | 138 | 112 | 1,351 | |
66B |
- | - | 1,707 | 1,578 | 400 | 1,269 | 5,035 | - | 165 | - | - | - | - | - | - | - | - | - | - | |
9903 |
-10,118 | -9,466 | 4,561 | -20,423 | 1,724 | -964 | -15,700 | 38,550 | -2,288 | -693 | 10,231 | 14,046 | 7,612 | 9,967 | -1,208 | 1,393 | -12,107 | -2,945 | 31,652 | |
67/77 |
- | - | - | - | 1,068 | 4,328 | - | 1,000 | - | -962 | 3,020 | 4,900 | 16 | 520 | - | 2 | -20 | -54 | 8,962 | |
9904 |
-10,118 | -9,466 | 4,561 | -20,423 | 657 | -5,292 | -15,700 | 37,550 | -2,288 | 269 | 7,212 | 9,146 | 7,597 | 9,447 | -1,208 | 1,391 | -12,087 | -2,891 | 22,690 | |
9905 |
-10,118 | -9,466 | 4,561 | -20,423 | 657 | -5,292 | -15,700 | 37,550 | -2,288 | 269 | 7,212 | 9,146 | 7,597 | 9,447 | -1,208 | 1,391 | -12,087 | -2,891 | 22,690 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
-29,861 | -19,743 | -10,277 | -14,838 | 5,585 | 4,929 | 10,221 | 25,921 | 1,480 | 3,768 | 7,499 | 10,288 | 17,142 | 13,074 | 42,451 | 64,659 | 104,548 | 116,635 | 121,526 | |
14P |
-19,743 | -10,277 | -14,838 | 5,585 | 4,929 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694/7 |
- | - | - | - | - | - | - | - | - | - | 4,000 | 10,000 | 16,000 | 3,529 | 38,824 | 21,000 | 45,000 | - | 2,000 | |
694 |
- | - | - | - | - | - | - | - | - | - | 4,000 | 10,000 | 16,000 | 3,529 | 38,824 | 21,000 | 45,000 | - | 2,000 | |
| Document | ||||||||||||||||||||
The accounts for 18 older financial years (1988-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-09-2026.
2025 annual accounts filed 61 days after the deadline. Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00545486.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-09-2026 | 2026-00545486 | |
| 31-12-2024 | micro format | 30-09-2025 | 2025-00529757 | |
| 31-12-2023 | micro format | 04-12-2024 | 2024-00612685 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00411238 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20409771 | |
| 31-12-2020 | full format | 31-08-2021 | 2021-65100326 | |
| 31-12-2019 | full format | 29-10-2020 | 2020-66400159 | |
| 31-12-2018 | full format | 11-09-2019 | 2019-63900576 | |
| 31-12-2016 | micro format | 16-09-2017 | 2017-60800523 | |
| 31-12-2015 | full format | 16-09-2017 | 2017-60800527 | |
| 31-12-2014 | full format | 27-08-2015 | 2015-54500578 | |
| 31-12-2013 | full format | 04-08-2014 | 2014-39700271 | |
| 31-12-2012 | full format | 27-08-2013 | 2013-46400203 | |
| 31-12-2011 | full format | 14-07-2012 | 2012-30200367 | |
| 31-12-2010 | full format | 09-07-2011 | 2011-29100254 | |
| 31-12-2009 | full format | 29-07-2010 | 2010-35900316 | |
| 31-12-2008 | full format | 20-07-2009 | 2009-43900298 | |
| 31-12-2007 | full format | 06-06-2008 | 2008-19000098 | |
| 31-12-2006 | full format | 14-06-2007 | 2007-21800045 | |
| 31-12-2005 | full format | 26-09-2006 | 2006-79802312 | |
| 31-12-2004 | full format | 30-06-2005 | 2005-39700757 | |
| 31-12-2003 | full format | 20-07-2004 | 2004-48703834 | |
| 31-12-2002 | full format | 28-08-2003 | 2003-63700060 | |
| 31-12-2001 | full format | 30-08-2002 | 2002-52100534 | |
| 31-12-2000 | full format | 27-07-2001 | 2001-43200005 | |
| 31-12-1999 | full format | 10-07-2000 | 2000-36600008 | |
| 31-12-1998 | full format | 14-06-1999 | 1999-16904906 | |
| 31-12-1997 | full format | 01-09-1998 | 1998-43804241 | |
| 31-12-1996 | full format | 14-08-1997 | 1997-37705328 | |
| 31-12-1995 | full format | 28-06-1996 | 1996-22902801 | |
| 31-12-1994 | full format | 30-06-1995 | 1995-32703117 | |
| 31-12-1993 | full format | 28-06-1994 | 1994-21000315 | |
| 31-12-1992 | full format | 01-07-1993 | 1993-21201150 | |
| 31-12-1991 | full format | 06-07-1992 | 1992-19504467 | |
| 31-12-1990 | full format | 28-06-1991 | 1991-13804215 | |
| 31-12-1989 | full format | 22-06-1990 | 1990-10803240 | |
| 31-12-1988 | full format | 23-06-1989 | 1989-10701060 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -9,503 | -9,287 | 7,078 | -18,008 | 2,738 | -161 | -13,370 | 39,212 | -698 | 5,559 | 19,753 | 18,462 | 13,080 | 17,550 | 6,996 | 7,242 | -7,825 | 1,184 | 4,606 | ||
| -9,621 | -9,121 | 5,251 | -19,464 | 1,616 | -4,913 | -15,321 | 37,929 | 522 | 6,030 | 13,260 | 13,037 | 13,019 | 16,506 | 5,970 | 7,237 | -7,583 | 1,268 | 25,440 | ||
| 0 | 2,489 | 0 | 0 | 2,068 | 430 | 0 | 1,762 | -5,903 | 437 | 8,182 | 15,171 | 289 | 11,832 | 2,064 | 17,568 | 2,148 | 8,291 | 7,818 | ||
| -3,523 | 2,713 | -2,730 | -8,695 | 2,763 | 3,255 | -2,693 | - | -20,233 | 1,993 | -3,202 | -6,337 | 14,323 | -1,351 | -1,716 | 6,592 | -20,371 | -13,253 | - | ||
| -1,191 | 8,429 | 20,038 | 14,524 | 32,860 | 26,182 | 30,087 | 46,892 | 17,282 | 17,030 | 14,057 | 16,517 | 16,149 | 19,418 | 18,581 | 55,425 | 70,396 | 125,127 | 132,150 | ||
| -29.1% | 2.0% | 30.8% | 22.4% | 68.0% | 70.7% | 71.4% | 82.8% | 79.8% | 64.7% | 59.2% | 41.4% | 59.0% | 97.5% | 68.9% | 83.2% | 99.6% | 99.4% | 93.1% | ||
| 0.96 | 1.34 | 2.59 | 2.54 | 10.78 | 4.00 | 3.52 | 6.99 | 4.22 | 3.49 | 2.86 | 1.98 | 2.08 | 25.83 | 8.82 | 23.43 | - | - | 13.81 | ||
| 0.96 | 1.34 | 2.59 | 2.54 | 10.78 | 4.00 | 3.52 | 6.99 | 4.22 | 3.46 | 2.84 | 1.97 | 2.06 | 25.39 | 8.44 | 22.88 | - | - | 13.27 | ||
| - | - | 2.25 | 3.47 | 0.47 | 0.41 | 0.40 | 0.21 | 0.25 | 0.54 | 0.69 | 1.42 | 0.70 | 0.03 | 0.45 | 0.20 | 0.00 | 0.01 | 0.07 | ||
| - | - | 44.8% | -363.8% | 2.5% | -20.9% | -51.2% | 81.0% | -10.4% | 1.1% | 30.1% | 44.1% | 35.2% | 31.5% | -5.0% | 2.2% | -15.1% | -2.1% | 16.2% | ||
| -31.3% | -26.3% | 13.8% | -81.4% | 1.7% | -14.7% | -36.6% | 67.0% | -8.3% | 0.7% | 17.8% | 18.3% | 20.7% | 30.7% | -3.5% | 1.8% | -15.0% | -2.1% | 15.1% | ||
| -75.07 | -66.78 | 58.69 | -175.51 | 30.62 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBIT margin: not included in this filing.
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €2,489 | - | - | €2,068 |
| €498 | €345 | €689 | €959 | €959 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €10,001, larger than the loss of €9,632 in 2024. It is the lowest result since 2022.
Equity is negative. Debt (€41,743) exceeds the balance-sheet total (€32,333).
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Avenue des Thermes 126d registered office 4050 Chaudfontaine | ||
| Débouchage Wagner Rue Montgomery 16, 4030 Liège 2562001 Manufacture of fabricated metal products, except machinery and equipment | 29-01-1988 | 2.033.489.588 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 62022C0157/00G000 | 5,410 m² | 1 · 416 m² | 9.7 m · 3 |
| 62047C1255/00P021 | 157 m² | - | - |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0433.058.874
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