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Andreas BidCo

Active Risk: not assessed
Private limited companyfounded 20241 yr activeAmelia Earhartlaan 2, 9051 Gent, BelgiumKBO/BCE: BE 1016.654.327
Summary

Andreas BidCo is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €36.0m and a net result of -€3.0m. Its solvency ranks better than 69% of 5585 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
Founded in 2024, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-06-2026, 39 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
39 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Andreas BidCo was incorporated on 26 November 2024 as a Private limited company.1 Since 2025, Sailing Stones has served as managing director of the company.2 The company has filed annual accounts once, for fiscal year 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 11-06-2026
  3. 3National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€36.0m
Net result
-€3.0m
Total assets
€49.6m
Solvency
72.5%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €49.6m
Fixed assets €49.0m
Current assets €620,363
Equity and liabilities €49.6m
Equity €36.0m
Debt €13.6m
Debt finances 27.5% of the balance-sheet total.
Key figures and ratios
2025 value
ROE
-8.4%
ROA
-6.1%
Debt ≤ 1 year
€134,638
Debt > 1 year
€13.5m
Income taxes
€406
Staff costs
€152,129
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 36 lines
Balance sheet Code2025
Assets
Total assets20/58€49.6m
Fixed assets21/28€49.0m
Financial fixed assets28€49.0m
Current assets29/58€620,363
Amounts receivable within one year40/41€164,860
Other amounts receivable41€164,860
Cash at bank and in hand54/58€333,809
Deferred charges and accrued income490/1€121,694
Equity and liabilities
Total equity and liabilities10/49€49.6m
Equity10/15€36.0m
Contributions10/11€39.0m
Profit (loss) carried forward14-€3.0m
Amounts payable17/49€13.6m
Amounts payable after more than one year17€13.5m
Financial debts170/4€13.5m
Amounts payable within one year42/48€134,638
Trade debts44€117,869
Suppliers440/4€117,869
Taxes, remuneration and social security45€16,768
Taxes450/3€406
Remuneration and social security454/9€16,363
Income statement Code2025
Remuneration, social security and pensions62€152,129
Other operating charges640/8€787
Non-recurring operating charges66A€2.4m
Gross operating margin9900€65,116
Operating profit (loss)9901-€2.5m
Financial income75/76B€1.0m
Recurring financial income75€1.0m
Financial charges65/66B€1.5m
Recurring financial charges65€1.5m
Profit (loss) for the period before taxes9903-€3.0m
Income taxes67/77€406
Profit (loss) for the period9904-€3.0m
Profit (loss) for the period to be appropriated9905-€3.0m
Appropriation of the result
Profit (loss) to be appropriated9906-€3.0m
Social balance
Average headcount (FTE)90871.7

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€152,129
Other operating charges640/8€787
Non-recurring operating charges66A€2.4m
Gross operating margin9900€65,116
Operating profit (loss)9901-€2.5m
Financial income75/76B€1.0m
Recurring financial income75€1.0m
Financial charges65/66B€1.5m
Recurring financial charges65€1.5m
Profit (loss) for the period before taxes9903-€3.0m
Income taxes67/77€406
Profit (loss) for the period9904-€3.0m
Profit (loss) for the period to be appropriated9905-€3.0m
Line2025
Assets
Total assets20/58€49.6m
Fixed assets21/28€49.0m
Financial fixed assets28€49.0m
Current assets29/58€620,363
Amounts receivable within one year40/41€164,860
Other amounts receivable41€164,860
Cash at bank and in hand54/58€333,809
Deferred charges and accrued income490/1€121,694
Equity and liabilities
Total equity and liabilities10/49€49.6m
Equity10/15€36.0m
Contributions10/11€39.0m
Profit (loss) carried forward14-€3.0m
Amounts payable17/49€13.6m
Amounts payable after more than one year17€13.5m
Financial debts170/4€13.5m
Amounts payable within one year42/48€134,638
Trade debts44€117,869
Suppliers440/4€117,869
Taxes, remuneration and social security45€16,768
Taxes450/3€406
Remuneration and social security454/9€16,363
Line2025
Profit (loss) for the period9904-€3.0m
Operating cash flow (approximation)-€3.0m

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
22-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
11-06
State Gazette act Appointment: Sailing Stones BV (managing director)
Permanent representative: Hilde Sevens · Shareholding · Capital contribution5 facts ▸
  • Board meeting, 23-02-2026
  • Shareholding, Andreas TopCo BV
  • Capital contribution
  • Director appointment, Sailing Stones BV (managing director)
  • Permanent representative, Hilde Sevens (permanent representative)
State Gazette actNBB filing
1 of 6 acts read
About the unread acts

Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 office holder, last change in 2025

Day-to-day management 1

Sailing Stones
Managing director · since 01-01-2025 · Private limited company · perm. rep.: Hilde Sevens
Current

Permanent representatives 1

Hilde Sevens
Permanent representative · since 01-01-2025 · for Sailing Stones
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
5 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1.5 ha
Building footprint
5,962 m²
Volume, LiDAR
226 m³
Parcel 44062A0312/00C000, Flanders · tallest building 1.8 m. Linked by address, not a title deed.
72 companies at this address See who is registered here
1 establishment unit
Andreas BidCo
Amelia Earhartlaan 2, 9051 GentHoldings
since 20242.367.454.551
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44062A0312/00C000 Flanders 1.5 ha 1 · 5,962 m² 1.8 m
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

1 person since 2025, 1 in office
Show
  • Day-to-day management
Mandates per person, with start and end dates
Name Functions and periods
Sailing Stones
  • Managing director, from 01-01-2025 to date
See the board, name and seat on a given date →

Structure & network

Owners and holdings

1 holding · 8 subsidiaries in the tree

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

All subsidiaries, including indirect ones 8

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

  • HSBCAD 100%7 subsidiaries
    • HSB SolutionsJP 100%
    • HSB USAUS 100%
    • HSBCAD CANADACA 100%
    • HSBCAD GmbHDE 100%
    • HSBCAD Software Solutions AustralasiaAU 100%
    • HSBCAD UKGB 100%
    • HSB SoftEcuadorEC 99.88%

According to the 2025 annual accounts of Andreas BidCo and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

1 connected company
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
Andreas TopCo
Shared corporate director
→

Capital and shareholders

Shareholders according to the acts
  • Andreas TopCo BV
Stated in the act act of 11-06-2026 ↗
  • Andreas TopCo BV all shares

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Similar companies · same sector, comparable size

Of 186 companies in sector 64910 we hold annual accounts for 138. 46 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
Founded26-11-2024
Fiscal year end31-12
Activities, NACEBEL 2025
64910Financial service activities, except insurance and pension funding
70200Business and other management consultancy
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1016654327
Also 9925:BE1016654327
Registered 11-09-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.