Equity
€930,274 ▼ 17.4%
Andre paid out €224,834 in dividends. That is 361% of the 2025 profit.
Andre
Lifetime
12 annual accounts with figures on one time axispeak €553,950 (2015)
€223,168▲ 12.7%
lowest -€43,840 (2020)
€62,329▲ €62,509
peak €1.2m (2019)
€930,274▼ 17.4%
€2.7m▼ 5.4%
peak 3.7 FTE (2019)
0 FTE
Board1 name since 2013
1 directorVAN OOST Ruben
Documentsfilings and deeds
27-04-20263 days before the deadline
2025abbreviated format
Gross margin from €197,940 to €223,168Back to profit: €62,329Dividend €224,834Equity from €1.1m to €930,274Cash from €69,060 to €37,957
Key points
from the 2025 annual accountsResult
€62,329 €62,329
Back in profit in 2025, after a loss of €180 in 2024.
Debts
€2.7m 74% of the balance sheet
Financial debts 87%Suppliers 0%Taxes and wages 0%Other 13%
Of this, €344,915 falls due within a year.
Liquidity
0.57 was 1.37 in 2024
Short-term debts rose from €323,178 to €344,915.
Filings
12 annual accounts since 2014
The last five annual accounts were filed 1 to 23 days before the end of the period.
Position in the sector
€930,274
More equity than 95% of companies in food and beverage service. Sector median €78,477 · 4,845 companies.
Checked score
89
Excellent
Financially stronger than 41% of small companies in food and beverage service (NACE 56)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.9% across 1,614 companies (NACE 56, small).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.2%▲ +0.1 percentage points vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.3%▲ +0.1 percentage points vs 03-2025
05-2025: 0.2%▼ -0.1 percentage points vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.3%▲ +0.1 percentage points vs 02-2026
04-2026: 0.4%▲ +0.1 percentage points vs 03-2026highest value
05-2026: 0.1%▼ -0.3 percentage points vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.2%▲ +0.1 percentage points vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
Liquidity: current ratio 0.57, cash €37,957
lowers risk
Size: total assets €3.6m
Figures for financial year 2025 (filed on 27-04-2026)
Calculation
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 56, small). It does better than 46% of them on solvency, 56% on liquidity, 37% on profitability and 24% 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 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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).
Comparable companies, two years later
In July 2024, 4,107 companies had the same profile as Andre has now. Each dot stands for 11 companies, two years later.
97.9%
were still trading
0.9%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Andre itself: 0.2% within 12 months.
Test of the method
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 4,107 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.
Credit verdict
Credit of up to €80,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.57 (1.37 in 2024), below 1. Short-term debt is 9.6% and cash 1.1% of total assets. 74.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 days early
2024
23 days early
2023
1 day early
2022
9 days early
2021
1 day early
2020
72 days early
2019
43 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 22 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 27 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end09-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0536416433
Demerger: Andre splits off to Raymond
Resignation: Ruben Van Oost (director) · Reappointment: Ruben Van Oost (director) · Director discharge: Ruben Van Oost · General meeting of 08-02-2021 · Gazette deed
Demerger proposal: ANDRE splits off to Raymond
Appointment: Ruben VAN OOST (director) · Ruben VAN OOST is a shareholder · Ruben VAN OOST holds 1,000 shares · Board meeting of 29-10-2020 · Gazette deed
Registered office moved within Ghent
New registered office: Sint Jansvest 31, 9000 Gent · Previous registered office: Nederkouter 56, 9000 Gent · General meeting of 07-11-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Andre Ghent | €3.6m | €223,168 | 25.8% | 0 |
| Adremco Eeklo | €5.3m | €376,211 | 73.6% | 0.5 |
| jabelle Beersel | €2.2m | €251,421 | 36.7% | 0 |
| Celik - de Ville de Goyet Leisure Management Wetteren | €3.4m | €197,125 | 7.4% | - |
| AREA SPHERE Jalhay | €1.5m | €220,355 | 9.3% | 0.1 |
| SHELTERKONING Laakdal | €1.6m | €287,496 | 67.9% | 0.6 |
| ROMAIN DAHLAN Ixelles | €3.1m | €252,065 | -0.9% | - |
These companies have the same main activity as Andre: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €1.5m and €5.3m, founded between 2003 and 2017.
Official details
Source: KBO- Status
- Active since 01-07-2013Normal situation
- Activity
- Full-service restaurantsNACE 56111
- Joint committee
- 302Hotels and catering · annual accounts 30-09-2022
- Establishment unit
- 2.231.716.5139000 Ghent, since 04-07-2013
- Financial year end
- 30 September
- Peppol
- Reachable since 21-10-2026
Annual accounts to 30-09-2025
- ≈ €680,000estimated
- €3.6m▼ 8.8%
- Filing
- Filed on 27-04-2026, 3 days before the end of the filing period
Insights on Andre
Andre files the abbreviated format. That format states no turnover. The gross margin rose from €208,012 in 2014 to €223,168 in 2025.
The balance sheet grew most from 2018 to 2020 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Andre
- What is the company number of Andre?
- The company number of Andre is 0536.416.433. The VAT number is the same number with BE in front: BE 0536.416.433.
- Where is Andre based?
- The registered office is at Sint-Jansvest 31, 9000 Ghent.Company details
- What does Andre do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of Andre?
- Andre is a private limited company (BV).
- When was Andre founded?
- Andre was founded on 01-07-2013.
- Is Andre still active?
- Yes, Andre is an active enterprise in the KBO register.
- How many employees does Andre have?
- Andre had an average of 0.7 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- Which joint committee does Andre fall under?
- In its 30-09-2022 annual accounts, Andre states joint committee 302 (Hotels and catering).
- What is the turnover of Andre?
- The turnover in financial year 2025 is ≈ €680,000. This figure is estimated from the gross margin of €223,168 and 31 comparable companies (NACE 56111). It probably lies between €560,000 and €750,000.
- Is Andre profitable?
- In financial year 2025, Andre made a profit of €62,329.
- Where can I find the annual accounts of Andre?
- Andre filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Andre due?
- Andre must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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