Equity
Andrey Construct has made a profit in every financial year since 2013.
A confirmed filing finding caps the score at 59.
The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).
About 1 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 82, micro). It does better than 54% of them on solvency, 17% on liquidity, 54% on profitability and 68% on growth.
The bankruptcy probability was computed on 08-11-2026 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 31-01-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 34,693 companies had the same profile as Andrey Construct has now. Each dot stands for 87 companies, two years later.
The bankruptcy probability of Andrey Construct itself is higher: 1.3% within 12 months. It rests on far more data about Andrey Construct 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 34,693 companies, not a prediction for Andrey Construct. 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 ample, with a current ratio of 2.15 (1.56 in 2024), above the usual 1.5. Short-term debt is 41.9% and cash 0.6% of total assets. 47.1% of the assets are financed with debt and provisions.
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 6 accounts on average 94 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Andrey Construct Ganshoren | €353,349 | €91,575 | 52.9% | - |
| INGEXP Anderlecht | €309,141 | €95,194 | 32.5% | - |
| A2 MEDICALE Ixelles | €273,343 | €92,853 | 13.6% | - |
| ACON BUSINESS CARE & FINANCE Maasmechelen | €367,840 | €86,310 | 48.6% | - |
| BenD PROJECTS Izegem | €420,197 | €101,321 | 66.2% | - |
| FAPROM Grimbergen | €356,487 | €92,187 | 47.4% | - |
| MARTELLO Hove | €305,827 | €75,245 | 87.8% | - |
These companies have the same main activity as Andrey Construct: office administrative and support services (NACE 82100). They are comparable in size and age: total assets between €273,000 and €420,000, founded between 2009 and 2013.
Andrey Construct files the micro format. That format states no turnover. The gross margin rose from €16,392 in 2013 to €91,575 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
2026 annual accounts not yet filed, deadline passed on 31 August 2026 The financial year closed on 31 January 2026. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 9 November 2026.
Higher than 52% of 9,691 companies in 2025.
Higher than 54% of 9,309 companies in 2025.
Higher than 47% of 9,433 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||
20/58 |
353,349 | 419,029 | 322,236 | 274,996 | 433,291 | 398,179 | 434,774 | 273,926 | 243,300 | 184,358 | 155,573 | 134,752 | 108,340 | |
21/28 |
36,038 | 47,619 | 15,837 | 22,814 | 13,026 | 30,596 | 33,181 | 25,581 | 42,172 | 20,971 | 22,077 | 4,081 | 5,399 | |
21 |
- | - | - | - | 0 | - | - | - | - | - | - | - | - | |
22/27 |
36,038 | 47,619 | 15,837 | 22,814 | 13,026 | 30,596 | 33,181 | 25,581 | 42,172 | 20,971 | 22,077 | 4,081 | 5,399 | |
23 |
9,133 | 16,446 | 11,331 | 6,667 | 10,000 | - | 1,240 | 2,479 | 1,500 | 4,500 | 3,145 | 3,597 | 2,364 | |
24 |
26,904 | 31,173 | 4,506 | 16,147 | 3,026 | 11,978 | 31,942 | 23,101 | 40,671 | 16,471 | 18,932 | 484 | 3,036 | |
29/58 |
317,312 | 371,410 | 306,399 | 252,183 | 420,265 | 367,583 | 401,593 | 248,345 | 201,129 | 163,387 | 133,496 | 130,671 | 102,941 | |
40/41 |
315,329 | 365,340 | 290,618 | 251,629 | 408,057 | 352,790 | 400,993 | 247,745 | 184,974 | 144,125 | 102,566 | 104,401 | 102,908 | |
40 |
266,670 | 299,384 | 223,773 | 180,579 | 388,096 | 311,642 | 372,245 | 183,900 | 147,878 | 95,378 | 83,097 | 59,799 | 48,770 | |
41 |
48,659 | 65,956 | 66,845 | 71,050 | 19,961 | 41,148 | 28,747 | 63,845 | 37,097 | 48,747 | 19,469 | 44,602 | 54,137 | |
54/58 |
1,983 | 6,070 | 15,781 | 554 | 12,208 | 14,793 | 600 | 600 | 16,154 | 19,263 | 30,930 | 26,270 | 34 | |
| Balance sheet: equity and liabilities | ||||||||||||||
10/49 |
353,349 | 419,029 | 322,236 | 274,996 | 433,291 | 398,179 | 434,774 | 273,926 | 243,300 | 184,358 | 155,573 | 134,752 | 108,340 | |
10/15 |
187,019 | 150,926 | 129,728 | 114,475 | 89,078 | 75,819 | 62,467 | 47,267 | 25,592 | 20,977 | 11,931 | 11,724 | 6,880 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 12,200 | 8,200 | 6,200 | 6,200 | 6,200 | |
10 |
- | 18,600 | 18,600 | 18,600 | - | - | - | - | - | - | - | - | - | |
100 |
- | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | 6,400 | 10,400 | 12,400 | 12,400 | 12,400 | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 680 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | |
130 |
- | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 680 | |
1311 |
1,860 | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
166,559 | 130,466 | 109,268 | 94,015 | 68,618 | 55,359 | 42,007 | 26,807 | 11,532 | 10,917 | 3,871 | 3,664 | - | |
16 |
13,950 | 13,950 | 13,950 | 13,950 | 13,950 | 13,950 | 13,950 | 13,950 | 13,950 | 11,950 | 3,950 | 950 | 950 | |
160/5 |
13,950 | 13,950 | 13,950 | 13,950 | 13,950 | 13,950 | 13,950 | 13,950 | 13,950 | 11,950 | 3,950 | 950 | 950 | |
163 |
13,950 | 13,950 | 13,950 | 13,950 | 13,950 | 13,950 | 13,950 | 13,950 | 13,950 | - | - | - | - | |
17/49 |
152,381 | 254,153 | 178,558 | 146,571 | 330,263 | 308,410 | 358,357 | 212,709 | 203,758 | 151,431 | 139,693 | 122,078 | 100,511 | |
17 |
4,469 | 15,732 | - | 9,114 | 23,597 | 37,861 | 28,732 | 21,096 | 28,992 | 6,303 | 15,051 | - | - | |
170/4 |
4,469 | 15,732 | - | 9,114 | 23,597 | 37,861 | 28,732 | 21,096 | 28,992 | 6,303 | 15,051 | - | - | |
42/48 |
147,911 | 238,421 | 178,558 | 137,457 | 306,667 | 270,549 | 329,626 | 191,613 | 174,766 | 145,129 | 124,642 | 122,078 | 100,511 | |
42 |
10,444 | 12,793 | 11,501 | 16,018 | 18,998 | 20,453 | 9,906 | 7,192 | 12,635 | 9,123 | 8,647 | 635 | 3,443 | |
43 |
- | 21,582 | 6,002 | 13,245 | 336 | - | 9,074 | 5,286 | 65 | - | - | - | - | |
430/8 |
- | 21,582 | 6,002 | 13,245 | 336 | - | 9,074 | 5,286 | 65 | - | - | - | - | |
44 |
118,588 | 200,844 | 144,066 | 99,396 | 283,678 | 242,049 | 303,046 | 176,914 | 141,001 | 130,464 | 111,422 | 119,775 | 96,703 | |
440/4 |
25,130 | 38,928 | 26,268 | 27,607 | 60,505 | 61,173 | 48,945 | 56,709 | 44,001 | 45,419 | 58,943 | 19,747 | 6,924 | |
441 |
93,458 | 161,916 | 117,798 | 71,790 | 223,172 | 180,876 | 254,101 | 120,206 | 97,000 | 85,045 | 52,479 | 100,029 | 89,779 | |
45 |
18,879 | 3,202 | 16,988 | 8,797 | 3,655 | 8,046 | 7,599 | 2,220 | 2,465 | 5,541 | 4,573 | 1,668 | 365 | |
450/3 |
18,879 | 3,202 | 16,988 | 8,797 | 3,655 | 8,046 | 7,599 | 2,220 | 2,465 | 5,541 | 4,573 | 1,668 | 365 | |
47/48 |
- | - | - | - | - | - | - | - | 18,600 | - | - | - | - | |
| Income statement | ||||||||||||||
70 |
- | 889,980 | 866,698 | 1.1m | 863,812 | 655,270 | 813,864 | 828,290 | 856,492 | 650,377 | 514,036 | 342,981 | 573,809 | |
9900 |
91,575 | 55,633 | 48,486 | 69,699 | 35,932 | 51,315 | 64,077 | 37,145 | 41,231 | 31,053 | 26,876 | 13,927 | 16,392 | |
60/61 |
- | 834,347 | 818,211 | 1.0m | 827,880 | 603,954 | 749,785 | 793,714 | 815,262 | 619,324 | 487,161 | 329,054 | 557,417 | |
62 |
840 | 344 | 759 | 2,766 | 2,090 | 6,473 | 2,366 | - | - | - | - | - | - | |
630 |
30,081 | 14,559 | 18,972 | 19,663 | 8,952 | 17,857 | 17,202 | 11,589 | 18,533 | 8,547 | 12,504 | 6,004 | 11,021 | |
640/8 |
3,425 | 4,278 | 4,088 | 4,231 | 4,038 | 6,130 | 622 | 1,428 | 2,809 | 2,736 | 7,660 | 974 | 1,989 | |
9901 |
57,228 | 36,453 | 24,668 | 43,039 | 20,852 | 20,854 | 43,887 | 24,129 | 19,889 | 19,769 | 6,711 | 6,949 | 3,382 | |
75/76B |
849 | - | - | - | 1,750 | - | - | - | - | - | 18 | - | 3 | |
75 |
- | - | - | - | - | - | - | - | - | - | 18 | - | 3 | |
76B |
849 | - | - | - | 1,750 | - | - | - | - | - | - | - | - | |
65/66B |
8,686 | 7,053 | 2,931 | 3,907 | 2,503 | 3,275 | 23,307 | 3,635 | 1,849 | 759 | 920 | 437 | 1,391 | |
65 |
7,838 | 7,053 | 2,931 | 3,907 | 2,503 | 3,275 | 23,307 | 3,635 | 1,849 | 759 | 920 | 437 | 1,391 | |
66B |
849 | - | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
49,390 | 29,400 | 21,737 | 39,131 | 20,099 | 17,579 | 20,580 | 20,494 | 18,039 | 19,010 | 5,809 | 6,512 | 1,994 | |
67/77 |
13,298 | 8,202 | 6,483 | 13,734 | 6,840 | 4,227 | 5,379 | 5,220 | 15,424 | 3,964 | 2,602 | 1,667 | 365 | |
9904 |
36,092 | 21,198 | 15,254 | 25,397 | 13,259 | 13,352 | 15,200 | 15,274 | 615 | 7,046 | 207 | 4,844 | 680 | |
9905 |
36,092 | 21,198 | 15,254 | 25,397 | 13,259 | 13,352 | 15,200 | 15,274 | 615 | 7,046 | 207 | 4,844 | 680 | |
| Appropriation of the result | ||||||||||||||
9906 |
166,559 | 130,466 | 109,268 | 94,015 | 68,618 | 55,359 | 42,007 | 26,806 | 11,532 | 10,917 | 3,871 | 4,844 | 680 | |
14P |
130,466 | 109,268 | 94,015 | 68,618 | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | 1,860 | 680 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | 1,860 | 680 | |
| Document | ||||||||||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 10-10-2025.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-01-2025 | micro format | 10-10-2025 | 2025-00541950 | |
| 31-01-2024 | micro format | 16-10-2024 | 2024-00509717 | |
| 31-01-2023 | micro format | 09-10-2023 | 2023-00485041 | |
| 31-01-2022 | micro format | 06-12-2022 | 2022-20533722 | |
| 31-01-2021 | micro format | 21-02-2022 | 2022-06000221 | |
| 20-01-2020 | micro format | 04-02-2021 | 2021-04700250 | |
| 31-01-2019 | micro format | 21-03-2020 | 2020-07300491 | |
| 31-01-2018 | full format | 12-10-2018 | 2018-69200412 | |
| 31-01-2017 | full format | 12-12-2017 | 2017-71500541 | |
| 31-01-2016 | full format | 17-10-2016 | 2016-65700031 | |
| 31-01-2015 | full format | 08-10-2015 | 2015-64400404 | |
| 31-01-2014 | full format | 01-10-2014 | 2014-63200109 | |
| 31-01-2013 | full format | 08-10-2013 | 2013-62200474 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 87,309 | 51,012 | 43,640 | 62,701 | 29,804 | 38,712 | 61,089 | 35,717 | 38,421 | 28,317 | 19,215 | 12,953 | 14,403 | ||
| 66,174 | 35,757 | 34,226 | 45,059 | 22,211 | 31,209 | 32,402 | 26,863 | 19,147 | 15,594 | 12,711 | 10,848 | 11,701 | ||
| 18,500 | 46,341 | 11,995 | 29,450 | 10,000 | 15,271 | 9,828 | 4,998 | 39,733 | 7,441 | 30,500 | 4,686 | 16,421 | ||
| -4,088 | -9,711 | 15,227 | -11,654 | -2,586 | 14,193 | 0 | -15,554 | -3,108 | -11,667 | 4,660 | 26,236 | - | ||
| 169,400 | 132,989 | 127,842 | 114,725 | 113,598 | 97,035 | 71,967 | 56,733 | 26,363 | 18,259 | 8,854 | 8,593 | 2,430 | ||
| - | 4.1% | 2.8% | 4.0% | 2.4% | 3.2% | 5.4% | 2.9% | 2.3% | 3.0% | 1.3% | 2.0% | 0.6% | ||
| 52.9% | 36.0% | 40.3% | 41.6% | 20.6% | 19.0% | 14.4% | 17.3% | 10.5% | 11.4% | 7.7% | 8.7% | 6.3% | ||
| 2.15 | 1.56 | 1.72 | 1.83 | 1.37 | 1.36 | 1.22 | 1.30 | 1.15 | 1.13 | 1.07 | 1.07 | 1.02 | ||
| 0.81 | 1.68 | 1.38 | 1.28 | 3.71 | 4.07 | 5.74 | 4.50 | 7.96 | 7.22 | 11.71 | 10.41 | 14.61 | ||
| 19.3% | 14.0% | 11.8% | 22.2% | 14.9% | 17.6% | 24.3% | 32.3% | 2.4% | 33.6% | 1.7% | 41.3% | 9.9% | ||
| 10.2% | 5.1% | 4.7% | 9.2% | 3.1% | 3.4% | 3.5% | 5.6% | 0.3% | 3.8% | 0.1% | 3.6% | 0.6% | ||
| 11.14 | 7.23 | 14.89 | 16.05 | - | - | - | - | - | - | - | - | - | ||
| - | 123 days | 94 days | 61 days | 164 days | 174 days | 167 days | 81 days | 63 days | 54 days | 59 days | 64 days | 31 days | ||
| - | 88 days | 64 days | 36 days | 125 days | 146 days | 148 days | 81 days | 63 days | 77 days | 83 days | 133 days | 63 days |
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 | 31-01-2025 | 31-01-2024 | 31-01-2023 | 31-01-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €18,500 | €46,341 | €11,995 | €29,450 |
| €30,081 | €14,559 | €18,972 | €19,663 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 57% higher than in 2024 and the highest since 2013. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 60.7% to 43.1%. Equity is higher and debt is lower.
Andrey Construct has no parent and no holdings in its annual accounts.
| ACTUEL COMPTA FID
registered office since 13-03-2024 · founded in 2024 |
turnover €1.9m (2025) 1007.083.890 |
| ACTUEL ADMIN
registered office since 28-03-2017 · founded in 2017 |
total assets €888,386 (2025) 0673.558.892 |
| ASS DESIGN
registered office since 21-03-2013 · founded in 2013 · accounts filed late |
turnover €464,792 (2024) 0524.741.195 |
| OPTIMAL ASSISTANCE
registered office since 16-04-2013 · founded in 2013 |
turnover €96,678 (2025) 0526.824.618 |
| A a Z SERVICES
establishment since 11-04-2024 · founded in 2003 |
total assets €127,778 (2025) 0479.525.438 |
| CORDEC SERVICES
establishment since 09-12-2003 · founded in 2003 |
total assets €92,443 (2025) 0862.098.485 |
| Van Haesendonck, Nathalie (sole trader)
establishment since 02-09-2023 |
founded in 2023 0805.639.240 |
| ADO INVEST
establishment since 01-10-2021 |
founded in 2008 0807.756.810 |
| CODITRA
establishment since 07-04-2011 |
founded in 2011 0835.311.639 |
| Adomniti, Angela (sole trader)
establishment since 01-07-2007 |
founded in 2007 0889.894.925 |
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 |
|---|---|---|
| Koningin Fabiolaplein 8 registered office 1083 Ganshoren | ||
| Guido Gezelleplein 10 1083 Ganshoren | 07-04-2011 | 2.199.335.438 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21008A0137/00Z009 | 332 m² | 1 · 249 m² | 20.9 m · 6 |
| 21008A0137/00V009 | 53 m² | 1 · 53 m² | 12.0 m · 3 |
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 0835.311.342
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