ANDRIMO
ActiveANDRIMO has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €8.39M and a net result of €414k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 53% of 9716 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability44▼-2
Solvency59▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €550k at 30 days acceptable
Liquidity ample (current ratio 1.62 against 0.79 in 2023; short-term debt: 4.6% and cash: 3.9% of total assets), but 66.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
33.7%
Return on assets
1.7%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €8.39M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
134 d early
2022
11 d early
2021
3 d early
2020
202 d late
2019
236 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€8.39M▲ 5.2%
2023 · €7.98M
2018: €7.62M
2019: €7.87M
2020: €8.09M
2021: €8.34M
2022: €7.41M
2023: €7.98M
2018 → 2024
Total assets
€24.91M▲ 0.3%
2023 · €24.83M
2018: €8.04M
2019: €8.20M
2020: €8.50M
2021: €8.50M
2022: €25.75M
2023: €24.83M
2018 → 2024
Net result
€414k▼ 26.1%
2023 · €561k
2018: €170k
2019: €197k
2020: €191k
2021: €193k
2022: €-923k
2023: €561k
2018 → 2024
Working capital
€716k
2023 · €-295k
2018: €334k
2019: €575k
2020: €784k
2021: €1.03M
2022: €215k
2023: €-295k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€8.09M-€8.34M▲ 3.1%€7.41M▼ 11.1%€7.98M▲ 7.6%€8.39M▲ 5.2%
Operating result€261k-€262k▲ 0.5%€-763k€971k€886k▼ 8.8%
Net result€191k-€193k▲ 1.1%€-923k€561k€414k▼ 26.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 9% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €24.91M
Fixed assets
€23.04M▼ 3.0%
Current assets
€1.87M▲ 72.0%
Equity and liabilities €24.91M
Equity
€8.39M▲ 5.2%
Debt
€16.52M▼ 2.0%
The debt ratio falls from 67.9% to 66.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.41M▼
2023 · €1.53M
Cash flow
€942k▼
2023 · €1.12M
Solvency
33.7%▲
2023 · 32.1%
Current ratio
1.62▲
2023 · 0.79
Quick ratio
1.62▲
2023 · 0.79
Debt / equity
1.97▼
2023 · 2.11
ROE
4.9%▼
2023 · 7.0%
ROA
1.7%▼
2023 · 2.3%
Interest coverage
2.77▼
2023 · 2.92
Debt
€16.52M▼
2023 · €16.86M
Debt ≤ 1 year
€1.15M▼
2023 · €1.38M
Debt > 1 year
€15.08M▼
2023 · €15.25M
Income taxes
€85k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€24.83M€24.91M▲
Fixed assets21/28€23.75M€23.04M▼
Tangible fixed assets22/27€23.01M€22.31M▼
Land and buildings22€23.01M€22.31M▼
Financial fixed assets28€736k€736k=
Current assets29/58€1.08M€1.87M▲
Amounts receivable within one year40/41€731k€852k▲
Trade receivables40€34k€144k▲
Other amounts receivable41€697k€708k▲
Cash at bank and in hand54/58€302k€971k▲
Deferred charges and accrued income490/1€52k€43k▼
Equity and liabilities
Total equity and liabilities10/49€24.83M€24.91M▲
Equity10/15€7.98M€8.39M▲
Contributions10/11€1.47M€1.47M=
Capital10€1.47M€1.47M=
Issued capital100€1.47M€1.47M=
Revaluation surpluses12€5.72M€5.60M▼
Reserves13€392k€514k▲
Non-distributable reserves130/1€147k€147k=
Legal reserve130€147k€147k=
Distributable reserves133€245k€367k▲
Profit (loss) carried forward14€388k€802k▲
Amounts payable17/49€16.86M€16.52M▼
Amounts payable after more than one year17€15.25M€15.08M▼
Financial debts170/4€15.25M€15.08M▼
Amounts payable within one year42/48€1.38M€1.15M▼
Current portion of amounts payable after more than one year42€820k€820k=
Trade debts44€560k€246k▼
Suppliers440/4€560k€246k▼
Taxes, remuneration and social security45-€85k
Taxes450/3-€85k
Accrued charges and deferred income492/3€230k€290k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€560k€528k▼
Other operating charges640/8€384k€277k▼
Non-recurring operating charges66A-€37k
Gross operating margin9900€1.91M€1.73M▼
Operating profit (loss)9901€971k€886k▼
Financial income75/76B€113k€123k▲
Recurring financial income75€113k€123k▲
Financial charges65/66B€525k€510k▼
Recurring financial charges65€525k€510k▼
Profit (loss) for the period before taxes9903€559k€499k▼
Transfer from deferred taxes780€2k-
Income taxes67/77-€85k
Profit (loss) for the period9904€561k€414k▼
Transfer from tax-exempt reserves789€3k-
Profit (loss) for the period to be appropriated9905€564k€414k▼
Appropriation of the result
Profit (loss) to be appropriated9906€388k€802k▲
Profit (loss) brought forward from the previous period14P€-176k€388k▲
The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
19-02
State Gazette act
RestructuringMerger · Accounting effect · Corporate purpose8 facts ▸
State Gazette act
Restructuring
Merger · Accounting effect · Corporate purpose8 facts ▸
- Merger, fusie door overneming gelijkgestelde verrichting
- Accounting effect, 2026-01-01
- Corporate purpose, De vennootschap heeft tot voorwerp: 1. de aankoop, ruiling, verkoop, in huurneming, en onderhoud van onroerende goederen, evenals de financieringsverrichtingen…
- Corporate purpose, De vennootschap heeft tot voorwerp, in België en/of in het buitenland, de volgende activiteiten uit te oefenen, rechtstreeks of onrechtstreeks, voor eigen reken…
- Permanent representative, Frank Lambrecht
- Permanent representative, Filip Cailliau
- Notary appointment, aangeduid met als opdracht het verlijden van de akten aangaande de fusie
- Fiscal regime, fiscaal vrijstellingsregime art. 211 §1 W.I.B.; boekhoudkundige continuïteit art. 3:56 KB van 29 april 2019
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity doublescurrent ratio 1.62
Current ratio from 0.79 to 1.62; short-term debt falls from €1.38M to €1.15M.
19-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €561k
Net result €561k after one loss-making year.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-923k ▼579%
Net result drops to €-923k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
18-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 202 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 7.57
Current ratio from 2.95 to 7.57; short-term debt falls from €401k to €156k.
24-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 236 days late
2020
04-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 492 days late
04-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 857 days late
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 339 days late
2017
16-02
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 200 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2022
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
15-07-2022
Arkeus Beheer: Resigned as Director
15-07-2022
VéDéWé Consult: Resigned as Director
04-10-2021
Lambrecht Roger: Resigned as Director
04-10-2021
Lambrecht Roger: Resigned as Managing director
Location & real-estate footprint
Registered office, Asse · 1 establishment unit since 1990
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Doornveld 601731 Asse1 establishment unit
ANDRIMO
since 19902.048.387.008
Structure & network
Acquisitions and mergers
1 transactionSimilar companies · same sector, comparable size
OPTA
BE 0464.781.240
Kalmthout · Eq €8.39M
Adimmo Invest
BE 0453.557.845
Knokke-Heist · Eq €8.39M
Bruno Eeckhout
BE 0455.158.543
Wielsbeke · Eq €8.38M
LOKABOX
BE 0884.611.294
Charleroi · Eq €8.43M
ARTS ET CHATELAIN
BE 0885.929.011
Vorst · Eq €8.44M
Of 12,023 companies in sector 68203 we hold annual accounts for 5,986. 2,073 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded04-04-1990
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filings
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.