Andre
ActiveSummary
Andre has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €930k and a net result of €62k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 46% of 3705 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability63▲+13
Solvency51▼-3
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity short (current ratio 0.57 against 1.37 in 2024; short-term debt: 9.6% and cash: 1.1% of total assets), and 74.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
25.8%
Return on assets
1.7%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 d early
2024
23 d early
2023
1 d early
2022
9 d early
2021
1 d early
2020
72 d early
2019
43 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€930k▼ 17.4%
2024 · €1.13M
2018: €958k
2019: €1.22M▲ +27.3% vs 2018highest in 8 years
2020: €1.18M▼ -3.6% vs 2019
2021: €1.15M▼ -1.9% vs 2020
2022: €1.18M▲ +2.5% vs 2021
2023: €1.15M▼ -2.4% vs 2022
2024: €1.13M▼ -2.4% vs 2023
2025: €930k▼ -17.4% vs 2024lowest in 8 years
2018 → 2025
Total assets
€3.60M▼ 8.8%
2024 · €3.95M
2018: €1.74Mlowest in 8 years
2019: €1.96M▲ +13.1% vs 2018
2020: €4.54M▲ +131% vs 2019
2021: €4.57M▲ +0.7% vs 2020highest in 8 years
2022: €4.22M▼ -7.8% vs 2021
2023: €4.13M▼ -2.2% vs 2022
2024: €3.95M▼ -4.3% vs 2023
2025: €3.60M▼ -8.8% vs 2024
2018 → 2025
Net result
€62k
2024 · €-180
2018: €98k
2019: €252k▲ +158% vs 2018highest in 8 years
2020: €-44k▼ -117% vs 2019lowest in 8 years
2021: €21k▲ +149% vs 2020
2022: €29k▲ +35.1% vs 2021
2023: €69k▲ +140% vs 2022
2024: €-180▼ -100% vs 2023
2025: €62k▲ +34791% vs 2024
2018 → 2025
Working capital
€-150k
2024 · €120k
2018: €780k
2019: €850k▲ +9.0% vs 2018highest in 8 years
2020: €533k▼ -37.4% vs 2019
2021: €419k▼ -21.4% vs 2020
2022: €347k▼ -17.2% vs 2021
2023: €250k▼ -27.9% vs 2022
2024: €120k▼ -51.9% vs 2023
2025: €-150k▼ -225% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.15M-€1.18M▲ 2.5%€1.15M▼ 2.4%€1.13M▼ 2.4%€930k▼ 17.4%
2021: €1.15M
2022: €1.18M▲ +2.5% vs 2021highest in 5 years
2023: €1.15M▼ -2.4% vs 2022
2024: €1.13M▼ -2.4% vs 2023
2025: €930k▼ -17.4% vs 2024lowest in 5 years
Operating result€70k-€76k▲ 8.6%€124k▲ 62.6%€77k▼ 37.9%€111k▲ 44.6%
2021: €70klowest in 5 years
2022: €76k▲ +8.6% vs 2021
2023: €124k▲ +62.6% vs 2022highest in 5 years
2024: €77k▼ -37.9% vs 2023
2025: €111k▲ +44.6% vs 2024
Net result€21k-€29k▲ 35.1%€69k▲ 140%€-180€62k
2021: €21k
2022: €29k▲ +35.1% vs 2021
2023: €69k▲ +140% vs 2022highest in 5 years
2024: €-180▼ -100% vs 2023lowest in 5 years
2025: €62k▲ +34791% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 45% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.60M
Fixed assets
€3.40M ▼ 2.9%
Current assets
€195k ▼ 56.0%
Equity and liabilities €3.60M
Equity
€930k ▼ 17.4%
Debt
€2.67M ▼ 5.4%
Debt's share of the balance-sheet total rises from 71.5% to 74.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€214k▲
2024 · €179k
Cash flow
€165k▲
2024 · €102k
Current ratio
0.57▼
2024 · 1.37
Debt to equity
2.87▲
2024 · 2.51
ROE
6.7%▲
2024 · 0.0%
ROA
1.7%▲
2024 · 0.0%
Interest coverage
5.00▲
2024 · 3.75
Debt ≤ 1 year
€345k▲
2024 · €323k
Debt > 1 year
€2.32M▼
2024 · €2.50M
Income taxes
€11k▼
2024 · €40k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.95M€3.60M▼
Fixed assets21/28€3.51M€3.40M▼
Tangible fixed assets22/27€3.48M€3.37M▼
Land and buildings22€3.43M€3.33M▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€7k€6k▼
Other tangible fixed assets26€37k€37k=
Financial fixed assets28€30k€30k=
Current assets29/58€443k€195k▼
Amounts receivable after more than one year29€347k€135k▼
Other amounts receivable291€347k€135k▼
Amounts receivable within one year40/41€14k€4k▼
Trade receivables40€0-
Other amounts receivable41€14k€4k▼
Current investments50/53€10k€12k▲
Cash at bank and in hand54/58€69k€38k▼
Deferred charges and accrued income490/1€4k€6k▲
Equity and liabilities
Total equity and liabilities10/49€3.95M€3.60M▼
Equity10/15€1.13M€930k▼
Contributions10/11€19k€19k=
Reserves13€1.05M€855k▼
Tax-exempt reserves132€0-
Distributable reserves133€1.05M€855k▼
Profit (loss) carried forward14€57k€57k=
Amounts payable17/49€2.82M€2.67M▼
Amounts payable after more than one year17€2.50M€2.32M▼
Financial debts170/4€2.50M€2.32M▼
Amounts payable within one year42/48€323k€345k▲
Current portion of amounts payable after more than one year42€186k€189k▲
Trade debts44€9k€688▼
Suppliers440/4€9k€688▼
Taxes, remuneration and social security45€8k€1k▼
Taxes450/3€7k€35▼
Remuneration and social security454/9€1k€1k=
Other amounts payable47/48€120k€154k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€102k€102k▲
Other operating charges640/8€19k€9k▼
Gross operating margin9900€198k€223k▲
Operating profit (loss)9901€77k€111k▲
Financial income75/76B€10k€5k▼
Recurring financial income75€10k€5k▼
Financial charges65/66B€48k€43k▼
Recurring financial charges65€48k€43k▼
Profit (loss) for the period before taxes9903€40k€73k▲
Income taxes67/77€40k€11k▼
Profit (loss) for the period9904€-180€62k▲
Transfer from tax-exempt reserves789€125k€0▼
Profit (loss) for the period to be appropriated9905€124k€62k▼
Appropriation of the result
Profit (loss) to be appropriated9906€181k€119k▼
Profit (loss) brought forward from the previous period14P€57k€57k=
Transfer from equity791/2€0€225k▲
Transfer to equity691/2€97k€29k▼
To other reserves6921€97k€29k▼
Profit to be distributed694/7€27k€258k▲
Return on contributions (dividend)694€0€225k▲
Directors or managers695€27k€34k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €8k | €0 | - | - |
| Remuneration, social security and pensions62 | €4k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €102k | €105k | €103k | €102k | €102k | ▲ 0.5% |
| Other operating charges640/8 | €992 | €6k | €10k | €19k | €9k | ▼ 51.1% |
| Non-recurring operating charges66A | €1 | - | - | - | - | - |
| Gross operating margin9900 | €177k | €187k | €237k | €198k | €223k | ▲ 12.7% |
| Operating profit (loss)9901 | €70k | €76k | €124k | €77k | €111k | ▲ 44.6% |
| Financial income75/76B | €8k | €7k | €10k | €10k | €5k | ▼ 54.8% |
| Recurring financial income75 | €8k | €7k | €10k | €10k | €5k | ▼ 54.8% |
| Financial charges65/66B | €55k | €51k | €49k | €48k | €43k | ▼ 10.5% |
| Recurring financial charges65 | €55k | €51k | €49k | €48k | €43k | ▼ 10.5% |
| Profit (loss) for the period before taxes9903 | €24k | €32k | €85k | €40k | €73k | ▲ 84.6% |
| Income taxes67/77 | €2k | €3k | €16k | €40k | €11k | ▼ 72.2% |
| Profit (loss) for the period9904 | €21k | €29k | €69k | €-180 | €62k | ▲ 34,791% |
| Transfer from tax-exempt reserves789 | - | - | - | €125k | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €21k | €29k | €69k | €124k | €62k | ▼ 49.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.57M | €4.22M | €4.13M | €3.95M | €3.60M | ▼ 8.8% |
| Fixed assets21/28 | €3.75M | €3.68M | €3.58M | €3.51M | €3.40M | ▼ 2.9% |
| Tangible fixed assets22/27 | €3.75M | €3.68M | €3.58M | €3.48M | €3.37M | ▼ 2.9% |
| Land and buildings22 | €3.71M | €3.63M | €3.53M | €3.43M | €3.33M | ▼ 2.9% |
| Plant, machinery and equipment23 | - | €7k | €5k | €2k | €1k | ▼ 38.6% |
| Furniture and vehicles24 | €8k | €5k | €2k | €7k | €6k | ▼ 23.1% |
| Other tangible fixed assets26 | €37k | €37k | €37k | €37k | €37k | = |
| Financial fixed assets28 | - | - | - | €30k | €30k | = |
| Current assets29/58 | €823k | €536k | €550k | €443k | €195k | ▼ 56.0% |
| Amounts receivable after more than one year29 | €256k | €256k | €342k | €347k | €135k | ▼ 61.0% |
| Other amounts receivable291 | €256k | €256k | €342k | €347k | €135k | ▼ 61.0% |
| Amounts receivable within one year40/41 | €211k | €8k | €39k | €14k | €4k | ▼ 72.0% |
| Trade receivables40 | €210k | €221 | €35k | €0 | - | - |
| Other amounts receivable41 | €836 | €8k | €4k | €14k | €4k | ▼ 72.0% |
| Current investments50/53 | €4k | €6k | €8k | €10k | €12k | ▲ 18.2% |
| Cash at bank and in hand54/58 | €345k | €261k | €154k | €69k | €38k | ▼ 45.0% |
| Deferred charges and accrued income490/1 | €6k | €5k | €6k | €4k | €6k | ▲ 67.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.57M | €4.22M | €4.13M | €3.95M | €3.60M | ▼ 8.8% |
| Equity10/15 | €1.15M | €1.18M | €1.15M | €1.13M | €930k | ▼ 17.4% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €1.08M | €1.11M | €1.08M | €1.05M | €855k | ▼ 18.7% |
| Tax-exempt reserves132 | €125k | €125k | €125k | €0 | - | - |
| Distributable reserves133 | €952k | €981k | €953k | €1.05M | €855k | ▼ 18.7% |
| Profit (loss) carried forward14 | €57k | €57k | €57k | €57k | €57k | = |
| Amounts payable17/49 | €3.42M | €3.04M | €2.97M | €2.82M | €2.67M | ▼ 5.4% |
| Amounts payable after more than one year17 | €3.01M | €2.84M | €2.67M | €2.50M | €2.32M | ▼ 7.0% |
| Financial debts170/4 | €3.01M | €2.84M | €2.67M | €2.50M | €2.32M | ▼ 7.0% |
| Amounts payable within one year42/48 | €404k | €190k | €300k | €323k | €345k | ▲ 6.7% |
| Current portion of amounts payable after more than one year42 | €177k | €180k | €183k | €186k | €189k | ▲ 1.7% |
| Trade debts44 | €8k | €5k | €5k | €9k | €688 | ▼ 91.9% |
| Suppliers440/4 | €8k | €5k | €5k | €9k | €688 | ▼ 91.9% |
| Taxes, remuneration and social security45 | €11k | €4k | €14k | €8k | €1k | ▼ 87.7% |
| Taxes450/3 | €11k | €3k | €13k | €7k | €35 | ▼ 99.5% |
| Remuneration and social security454/9 | €607 | €993 | €1k | €1k | €1k | = |
| Other amounts payable47/48 | €208k | - | €98k | €120k | €154k | ▲ 28.2% |
| Accrued charges and deferred income492/3 | €9k | €7k | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21k | €29k | €69k | €-180 | €62k | ▲ 34,791% |
| + Depreciation and write-downs630 | €102k | €105k | €103k | €102k | €102k | ▲ 0.5% |
| Operating cash flow (approximation) | €123k | €134k | €172k | €102k | €165k | ▲ 61.9% |
| Investment in fixed assets (approximation) | - | €-37k | €4k | €-32k | €-2k | ▲ 94.7% |
| Change in cash | - | €-84k | €-107k | €-85k | €-31k | ▲ 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.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Back to profitnet €62k
Net result €62k after one loss-making year.
07-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
21-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
17-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Weakest financial yearnet €-44k
Net result drops to €-44k, the lowest in the series; recovery starts the following year.
18-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Highest result since 2018net €252k ▲158%
Operating result €373k, net result €252k, both a record.
30-09
Financial
Equity above €1MEq €1.22M ▲27.3%
2 profitable years in a row build equity to €1.22M.
Show earlier events
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2013
Ground area
338 m²
Building footprint
280 m²
Volume, LiDAR
2,960 m³
2 parcels, Flanders · tallest building 18.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Balls & Glory Gent
since 20132.231.716.513
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44815F1175/00H000 | Flanders | 174 m² | 1 · 176 m² | 18.9 m · 5 fl. |
| 44803C0715/00D000 | Flanders | 164 m² | 1 · 104 m² | 16.5 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 4,460 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-07-2013
Fiscal year end30-09
Activities, NACEBEL 2025
56111Full-service restaurants
Scores and ratios are computed by Checked and are not a credit decision.