ANDREYKE CONSTRUCTION
ActiveSummary
The computed 12-month bankruptcy probability of ANDREYKE CONSTRUCTION is 2.1% (moderate). The 2025 annual accounts show equity of €17k and a net result of €20k. Equity is growing by ~119.3% per year across the filed fiscal years. Its solvency ranks better than 31% of 7500 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+92
Solvency50▲+29
Growth78▲+46
Track record82
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.28 against 0.69 in 2024; short-term debt: 46.1% and cash: 4.2% of total assets), and 74.8% 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 · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% 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
25.2%
Return on assets
29.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
28 d late
2024
10 d early
2023
15 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€17k
2024 · €-3k
2023: €5k
2024: €-3k▼ -159% vs 2023lowest in 3 years
2025: €17k▲ +669% vs 2024highest in 3 years
2023 → 2025
Total assets
€66k▼ 10.3%
2024 · €74k
2023: €12klowest in 3 years
2024: €74k▲ +533% vs 2023highest in 3 years
2025: €66k▼ -10.3% vs 2024
2023 → 2025
Net result
€20k
2024 · €-8k
2023: €3k
2024: €-8k▼ -369% vs 2023lowest in 3 years
2025: €20k▲ +350% vs 2024highest in 3 years
2023 → 2025
Working capital
€8k
2024 · €-16k
2023: €5k
2024: €-16k▼ -423% vs 2023lowest in 3 years
2025: €8k▲ +154% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Available amounts per fiscal year
Line202320242025Trend
Equity€5k-€-3k€17k
2023: €5k
2024: €-3k▼ -159% vs 2023lowest in 3 years
2025: €17k▲ +669% vs 2024highest in 3 years
Operating result€4k-€-7k€25k
2023: €4k
2024: €-7k▼ -267% vs 2023lowest in 3 years
2025: €25k▲ +473% vs 2024highest in 3 years
Net result€3k-€-8k€20k
2023: €3k
2024: €-8k▼ -369% vs 2023lowest in 3 years
2025: €20k▲ +350% vs 2024highest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €25k after a loss of €7k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €66k
Fixed assets
€27k ▼ 30.4%
Current assets
€39k ▲ 12.3%
Equity and liabilities €66k
Equity
€17k
Debt
€49k
Debt finances 74.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€34k▲
2024 · €482
Cash flow
€29k▲
2024 · €-749
Current ratio
1.28▲
2024 · 0.69
Debt to equity
2.97▲
2024 · -26.22
ROE
117.6%
ROA
29.6%▲
2024 · -10.6%
Interest coverage
21.70▲
2024 · 0.27
Debt ≤ 1 year
€30k▼
2024 · €50k
Debt > 1 year
€19k▼
2024 · €26k
Income taxes
€4k
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 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€74k€66k▼
Fixed assets21/28€39k€27k▼
Tangible fixed assets22/27€39k€27k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€36k€25k▼
Current assets29/58€35k€39k▲
Amounts receivable within one year40/41€34k€35k▲
Trade receivables40€11k€12k▲
Other amounts receivable41€23k€23k▲
Cash at bank and in hand54/58€268€3k▲
Deferred charges and accrued income490/1-€744
Equity and liabilities
Total equity and liabilities10/49€74k€66k▼
Equity10/15€-3k€17k▲
Contributions10/11€2k€2k=
Reserves13-€15k
Distributable reserves133-€15k
Profit (loss) carried forward14€-5k-
Amounts payable17/49€76k€49k▼
Amounts payable after more than one year17€26k€19k▼
Financial debts170/4€26k€19k▼
Amounts payable within one year42/48€50k€30k▼
Current portion of amounts payable after more than one year42€8k€8k▲
Trade debts44€41k€16k▼
Suppliers440/4€41k€16k▼
Taxes, remuneration and social security45€2k€7k▲
Taxes450/3€2k€7k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€9k▲
Other operating charges640/8€340€634▲
Gross operating margin9900€822€34k▲
Operating profit (loss)9901€-7k€25k▲
Financial income75/76B€547€984▲
Recurring financial income75€547€984▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-8k€24k▲
Income taxes67/77-€4k
Profit (loss) for the period9904€-8k€20k▲
Profit (loss) for the period to be appropriated9905€-8k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€15k▲
Profit (loss) brought forward from the previous period14P-€-5k
Transfer from equity791/2€3k-
Transfer to equity691/2-€15k
To other reserves6921-€15k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €7k | €9k | ▲ 29.1% |
| Other operating charges640/8 | €2k | €340 | €634 | ▲ 86.3% |
| Gross operating margin9900 | €6k | €822 | €34k | ▲ 4,076% |
| Operating profit (loss)9901 | €4k | €-7k | €25k | ▲ 473% |
| Financial income75/76B | - | €547 | €984 | ▲ 79.9% |
| Recurring financial income75 | - | €547 | €984 | ▲ 79.9% |
| Financial charges65/66B | - | €2k | €2k | ▼ 12.6% |
| Recurring financial charges65 | - | €2k | €2k | ▼ 12.6% |
| Profit (loss) for the period before taxes9903 | €4k | €-8k | €24k | ▲ 407% |
| Income taxes67/77 | €1k | - | €4k | - |
| Profit (loss) for the period9904 | €3k | €-8k | €20k | ▲ 350% |
| Profit (loss) for the period to be appropriated9905 | €3k | €-8k | €20k | ▲ 350% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €12k | €74k | €66k | ▼ 10.3% |
| Fixed assets21/28 | - | €39k | €27k | ▼ 30.4% |
| Tangible fixed assets22/27 | - | €39k | €27k | ▼ 30.4% |
| Plant, machinery and equipment23 | - | €3k | €2k | ▼ 42.9% |
| Furniture and vehicles24 | - | €36k | €25k | ▼ 29.4% |
| Current assets29/58 | €12k | €35k | €39k | ▲ 12.3% |
| Amounts receivable within one year40/41 | €2k | €34k | €35k | ▲ 2.9% |
| Trade receivables40 | €1k | €11k | €12k | ▲ 7.9% |
| Other amounts receivable41 | €509 | €23k | €23k | ▲ 0.5% |
| Cash at bank and in hand54/58 | €10k | €268 | €3k | ▲ 940% |
| Deferred charges and accrued income490/1 | - | - | €744 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €12k | €74k | €66k | ▼ 10.3% |
| Equity10/15 | €5k | €-3k | €17k | ▲ 669% |
| Contributions10/11 | €2k | €2k | €2k | = |
| Reserves13 | €3k | - | €15k | - |
| Distributable reserves133 | €3k | - | €15k | - |
| Profit (loss) carried forward14 | - | €-5k | - | - |
| Amounts payable17/49 | €7k | €76k | €49k | ▼ 35.4% |
| Amounts payable after more than one year17 | - | €26k | €19k | ▼ 27.1% |
| Financial debts170/4 | - | €26k | €19k | ▼ 27.1% |
| Amounts payable within one year42/48 | €7k | €50k | €30k | ▼ 39.7% |
| Current portion of amounts payable after more than one year42 | - | €8k | €8k | ▲ 4.3% |
| Trade debts44 | €2k | €41k | €16k | ▼ 60.9% |
| Suppliers440/4 | €2k | €41k | €16k | ▼ 60.9% |
| Taxes, remuneration and social security45 | €3k | €2k | €7k | ▲ 198% |
| Taxes450/3 | €1k | €2k | €7k | ▲ 198% |
| Remuneration and social security454/9 | €2k | - | - | - |
| Other amounts payable47/48 | €2k | - | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €-8k | €20k | ▲ 350% |
| + Depreciation and write-downs630 | - | €7k | €9k | ▲ 29.1% |
| Operating cash flow (approximation) | €3k | €-749 | €29k | ▲ 3,928% |
| Investment in fixed assets (approximation) | - | - | €3k | - |
| Change in cash | - | €-10k | €3k | ▲ 126% |
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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
21-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Londerzeel · 1 establishment unit since 2023
Ground area
739 m²
Building footprint
89 m²
Volume, LiDAR
584 m³
Parcel 23045D0025/00S002, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ANDREYKE CONSTRUCTION
since 20232.352.883.666
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23045D0025/00S002 | Flanders | 739 m² | 1 · 89 m² | 10.8 m · 3 fl. |
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.
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 11,019 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
Founded27-11-2023
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Scores and ratios are computed by Checked and are not a credit decision.