Equity
-€58,327
Debts exceed assets in financial year 2025.
Andriescu-Ancuta
Lifetime
20 annual accounts with figures on one time axis, 43 filings since 1983Gross marginpeak €158,385 (2020)
€81,707▼ 18.8%
Resultlowest -€58,130 (2024)
-€30,890▲ €27,240
Equitypeak €30,693 (2023)
-€58,327▼ €30,890
Debts
€102,236▲ 25.2%
Staffpeak 4.2 FTE (2020)
-not published
Board2 names since 2021
1 directorAndriescu Dan
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €100,599 to €81,707Loss of €30,890Equity from -€27,437 to -€58,327Debts from €81,682 to €102,236
Key points
from the 2025 annual accountsLosses
-€89,020 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Debts
€102,236 233% of the balance sheet
Suppliers 18%Taxes and wages 27%Other 54%
Of this, €84,056 falls due within a year.
Staff
5 employees on 31-12-2025
In 2025, 23 people joined and 28 left.
Filings
43 annual accounts since 1983
Six of the last ten came late. The 2019 accounts came latest: 69 days after the end of the period.
Position in the sector
-€30,890
Lower net result than 92% of companies in retail trade. Sector median €5,084 · 22,799 companies.
Checked score
51
Fair
Financially stronger than 9% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,278 companies (NACE 47, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025lowest value
03-2025: 0.2%● unchanged vs 02-2025lowest value
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 2.0%▲ +1.7 percentage points vs 07-2025
09-2025: 2.0%● unchanged vs 08-2025
10-2025: 2.0%● unchanged vs 09-2025
11-2025: 2.0%● unchanged vs 10-2025
12-2025: 2.0%● unchanged vs 11-2025
01-2026: 2.0%● unchanged vs 12-2025
02-2026: 2.0%● unchanged vs 01-2026
03-2026: 2.0%● unchanged vs 02-2026
04-2026: 2.0%● unchanged vs 03-2026
05-2026: 2.0%● unchanged vs 04-2026
06-2026: 1.9%▼ -0.1 percentage points vs 05-2026
07-2026: 2.1%▲ +0.2 percentage points vs 06-2026
08-2026: 2.6%▲ +0.5 percentage points vs 07-2026highest value
09-2026: 1.9%▼ -0.7 percentage points vs 08-2026
10-2026: 1.9%● unchanged vs 09-2026
11-2026: 1.9%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Loss of €30,890, the second in a row (financial year 2025)
Sector: Retail trade (NACE 47)
Negative equity -€58,327
lowers risk
Size: total assets €43,909
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 47, micro). It does better than 6% of them on solvency, 20% on liquidity, 6% on profitability and 5% on growth.
The bankruptcy probability was computed on 05-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 6,619 companies had the same profile as Andriescu-Ancuta has now. Each dot stands for 17 companies, two years later.
84.5%
were still trading
10.0%
stopped another way
4.5%
went bankrupt
Another 1.0% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Andriescu-Ancuta itself: 1.9% within 12 months.
Test of the method
The method was tested on the 497,446 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 6,619 companies, not a prediction for Andriescu-Ancuta. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.22 (0.19 in 2024), below 1. Short-term debt is 191.4% and cash 17.5% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€58,327
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
17 days early
2023
9 days late
2022
29 days late
2021
12 days late
2020
13 days late
2019
69 days late
← 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 21 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 12 August (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
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0422755890
Resignation: Ancuta Ana (director)
General meeting of 26-02-2024 · Gazette deed
Amendment of the articles · Legal-form change
Legal-form conversion: from private limited company (pre-2019) to private limited company · Board composition: ANDRIESCU Dan (director) · Board composition: ANCUTA Ana (director) · General meeting of 12-10-2023 · Gazette deed
First establishment
BAKKERIJ ANDRIES, Zilvermeeuwstraat 4, Antwerp
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| Andriescu-Ancuta Antwerp | €43,909 | €81,707 | -132.8% | - |
| VALMAR Brussels | €33,383 | €75,255 | -172.5% | - |
| ECLAIR DORE Saint-Josse-ten-Noode | €44,658 | €85,747 | 59.1% | - |
| DELI HALLE Halle | €50,435 | €100,048 | -344.4% | 4.1 |
| AMRAOUI Schaerbeek | €47,851 | €70,042 | -1.8% | - |
| DELI HEIST OP DEN BERG Heist-op-den-Berg | €104,881 | €78,212 | 23.5% | - |
| NON STOP Mechelen | €23,435 | €145,973 | -187.7% | - |
These companies have the same main activity as Andriescu-Ancuta: retail sale of bread and pastry (bakery outlets) (NACE 47241). They are comparable in size and age: total assets between €23,400 and €105,000, founded between 1986 and 1999.
Official details
Source: KBO- Status
- Active since 10-05-1982Normal situation
- Activity
- Retail sale of bread and pastry (bakery outlets)NACE 47241and 2 others
- Joint committees
- 118Food industry
- 201Independent retail · annual accounts 2024
- Establishment unit
- 2.020.578.5912170 Antwerp, since 01-07-1982
- Financial year end
- 31 December
- Peppol
- Reachable since 27-10-2026
Annual accounts 2025
- Turnover
- ≈ €640,000estimated
- Total assets
- €43,909▼ 19.1%
- Employeeson 31-12-2025
- 5
- Filing
- Filed on 31-08-2026
Insights on Andriescu-Ancuta
Andriescu-Ancuta files the micro format. That format states no turnover. The gross margin rose from €15,388 in 2006 to €81,707 in 2025.
The balance sheet grew most in 2013 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 Andriescu-Ancuta
- What is the company number of Andriescu-Ancuta?
- The company number of Andriescu-Ancuta is 0422.755.890. The VAT number is the same number with BE in front: BE 0422.755.890.
- Where is Andriescu-Ancuta based?
- The registered office is at Zilvermeeuwstraat 4, 2170 Antwerp.Company details
- What does Andriescu-Ancuta do?
- According to the KBO register, the main activity is retail sale of bread and pastry (bakery outlets) (NACE 47241).
- What is the legal form of Andriescu-Ancuta?
- Andriescu-Ancuta is a private limited company (BV).
- When was Andriescu-Ancuta founded?
- Andriescu-Ancuta was founded on 10-05-1982.
- Is Andriescu-Ancuta still active?
- Yes, Andriescu-Ancuta is an active enterprise in the KBO register.
- How many employees does Andriescu-Ancuta have?
- Andriescu-Ancuta had an average of 8.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Andriescu-Ancuta fall under?
- In its 2024 annual accounts, Andriescu-Ancuta states joint committees 118 (Food industry) and 201 (Independent retail).
- What is the turnover of Andriescu-Ancuta?
- The turnover in financial year 2025 is ≈ €640,000. This figure is estimated from the gross margin of €81,707 and 44 comparable companies (NACE 472). It probably lies between €360,000 and €860,000.
- Is Andriescu-Ancuta profitable?
- In financial year 2025, Andriescu-Ancuta made a loss of €30,890.
- Where can I find the annual accounts of Andriescu-Ancuta?
- Andriescu-Ancuta filed 43 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Andriescu-Ancuta due?
- Andriescu-Ancuta must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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