ANDROMEDA
ActiveSummary
ANDROMEDA has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11.4m and a net result of -€152,316. Equity remains stable across the filed financial years (±0.6% per year). Its solvency ranks better than 64% of 2,794 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Financials · financial year 2025, abbreviated format
In the rankings
#6 company by equity in Mechelen, Administrative and support services sector#8 company by total assets in Mechelen, Administrative and support services sector
2025 annual accounts filed late (32 days) Filed on 31 August 2026, deadline 30 July 2026 (7 months after the close on 30 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00470464.
Equity
€11.4m▼ 1.3%
2024 · €11.5m
Total assets
€19.3m▲ 0.2%
2024 · €19.3m
Net result
-€152,316▼ 697%
2024 · -€19,105
Working capital
-€4.0m▼ 6.8%
2024 · -€3.8m
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 97% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.004m
2025
Net result-€0.2m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€19.3m
2025
Equity€11.4m
2025
Debt€7.8m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€4.0m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-0.8%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency59.0%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.19
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.2m-€0.3m▲ 58.6%€0.3m▼ 11.9%€0.2m▼ 42.1%-€0.1m€0.1m€0.1m▲ 7.4%€0.004m▼ 97.4%
Net result-€0.03m-€0.1m€0.05mwithin the sector's middle half▼ 53.1%-€0.05mbelow the sector's middle half-€0.3mbelow the sector's middle half▼ 510%-€0.04mbelow the sector's middle half▲ 87.7%-€0.02mbelow the sector's middle half▲ 45.7%-€0.2mbelow the sector's middle half▼ 697%
Equity€11.8m-€11.9m▲ 0.9%€11.9mabove the sector's middle half▲ 0.4%€11.9mabove the sector's middle half▼ 0.4%€11.6mabove the sector's middle half▼ 2.4%€11.6mabove the sector's middle half▼ 0.3%€11.5mabove the sector's middle half▼ 0.2%€11.4mabove the sector's middle half▼ 1.3%
Total assets€17.0m-€17.5m▲ 3.3%€17.6mabove the sector's middle half▲ 0.5%€18.2mabove the sector's middle half▲ 3.2%€19.0mabove the sector's middle half▲ 4.8%€19.1mabove the sector's middle half▲ 0.4%€19.3mabove the sector's middle half▲ 0.9%€19.3mabove the sector's middle half▲ 0.2%
Debt€5.2m-€5.6m▲ 8.8%€5.7m▲ 0.7%€6.3m▲ 10.6%€7.4m▲ 18.4%€7.5m▲ 1.4%€7.7m▲ 2.5%€7.8m▲ 1.6%
Working capital-€3.3m--€3.2m▲ 4.5%-€3.1mbelow the sector's middle half▲ 3.6%-€3.0mbelow the sector's middle half▲ 1.3%-€3.4mbelow the sector's middle half▼ 13.9%-€3.7mbelow the sector's middle half▼ 8.4%-€3.8mbelow the sector's middle half▼ 1.0%-€4.0mbelow the sector's middle half▼ 6.8%
Solvency69.5%-67.8%▼ 1.6pp67.8%within the sector's middle half▼ 0.1pp65.4%within the sector's middle half▼ 2.3pp61.0%within the sector's middle half▼ 4.5pp60.5%within the sector's middle half▼ 0.4pp59.9%within the sector's middle half▼ 0.6pp59.0%within the sector's middle half▼ 0.9pp
Current ratio0.24-0.26▲ 0.030.27below the sector's middle half▲ 0.010.29below the sector's middle half▲ 0.020.29below the sector's middle half=0.22below the sector's middle half▼ 0.070.23below the sector's middle half▲ 0.010.19below the sector's middle half▼ 0.04
Return on assets (ROA)-0.2%-0.6%▲ 0.8pp0.3%within the sector's middle half▼ 0.3pp-0.3%below the sector's middle half▼ 0.6pp-1.5%below the sector's middle half▼ 1.2pp-0.2%below the sector's middle half▲ 1.3pp-0.1%below the sector's middle half▲ 0.1pp-0.8%below the sector's middle half▼ 0.7pp
above
within
below
the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €19.3m
Fixed assets
€18.3m ▲ 1.2%
Current assets
€961,528 ▼ 16.7%
Equity and liabilities €19.3m
Equity
€11.4m ▼ 1.3%
Provisions
€60,671
Debt
€7.8m ▲ 1.6%
Debt's share of the balance-sheet total rises from 40.1% to 40.6%. Equity is lower and debt is higher.
Key figures and ratios
Debt to equity
0.69▲
2024 · 0.67
ROE
-1.3%▼
2024 · -0.2%
Debt ≤ 1 year
€5.0m▲
2024 · €4.9m
Debt > 1 year
€530,607▼
2024 · €694,903
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €967 | €967 | €967 | €967 | €967 | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €301,756 | - | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | - | - | - | €60,671 | - |
| Other operating charges640/8 | - | - | - | €999 | €132 | €2,000 | €1,133 | €3,344 | ▲ 195% |
| Gross operating margin9900 | €206,739 | €322,398 | €285,186 | €166,086 | €194,955 | €139,954 | €149,174 | €67,801 | ▼ 54.5% |
| Operating profit (loss)9901 | €202,615 | €321,402 | €283,221 | €164,120 | -€107,900 | €136,986 | €147,074 | €3,786 | ▼ 97.4% |
| Financial income75/76B | - | - | - | €62,430 | €75,884 | €87,926 | €89,561 | €92,584 | ▲ 3.4% |
| Recurring financial income75 | €11,067 | €44,283 | €59,447 | €62,430 | €75,884 | €87,926 | €89,561 | €92,584 | ▲ 3.4% |
| Financial charges65/66B | - | - | - | €249,140 | €253,417 | €259,570 | €255,740 | €248,686 | ▼ 2.8% |
| Recurring financial charges65 | €241,442 | €245,988 | €236,844 | €249,140 | €253,417 | €259,570 | €255,740 | €248,686 | ▼ 2.8% |
| Profit (loss) for the period before taxes9903 | -€27,760 | €119,697 | €105,824 | -€22,591 | -€285,432 | -€34,658 | -€19,105 | -€152,316 | ▼ 697% |
| Income taxes67/77 | - | €9,303 | €54,005 | €24,306 | €530 | €537 | - | - | - |
| Profit (loss) for the period9904 | -€27,760 | €110,393 | €51,818 | -€46,897 | -€285,962 | -€35,195 | -€19,105 | -€152,316 | ▼ 697% |
| Profit (loss) for the period to be appropriated9905 | -€27,760 | €110,393 | €51,818 | -€46,897 | -€285,962 | -€35,195 | -€19,105 | -€152,316 | ▼ 697% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €17.0m | €17.5m | €17.6m | €18.2m | €19.0m | €19.1m | €19.3m | €19.3m | ▲ 0.2% |
| Fixed assets21/28 | €15.9m | €16.4m | €16.5m | €16.9m | €17.6m | €18.0m | €18.1m | €18.3m | ▲ 1.2% |
| Tangible fixed assets22/27 | - | - | €0.004m | €0.4m | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Furniture and vehicles24 | - | - | - | €0.003m | €0.002m | €0.001m | - | - | - |
| Assets under construction and advance payments27 | - | - | - | €0.4m | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Financial fixed assets28 | €15.9m | €16.4m | €16.5m | €16.5m | €16.5m | €16.9m | €17.0m | €17.3m | ▲ 1.3% |
| Current assets29/58 | €1.0m | €1.1m | €1.1m | €1.3m | €1.4m | €1.1m | €1.2m | €1.0m | ▼ 16.7% |
| Amounts receivable within one year40/41 | €0.9m | €1.0m | €1.0m | €1.1m | €1.2m | €1.1m | €1.1m | €0.9m | ▼ 16.1% |
| Trade receivables40 | - | - | - | €0.6m | €0.6m | €0.5m | €0.6m | €0.3m | ▼ 41.1% |
| Other amounts receivable41 | - | - | - | €0.5m | €0.5m | €0.5m | €0.6m | €0.6m | ▲ 7.9% |
| Cash at bank and in hand54/58 | €0.1m | €0.05m | €0.05m | €0.02m | €0.001m | €0.02m | €0.02m | €0.01m | ▼ 51.9% |
| Deferred charges and accrued income490/1 | - | - | - | €0.2m | €0.3m | - | €0.003m | €0.004m | ▲ 49.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €17.0m | €17.5m | €17.6m | €18.2m | €19.0m | €19.1m | €19.3m | €19.3m | ▲ 0.2% |
| Equity10/15 | €11.8m | €11.9m | €11.9m | €11.9m | €11.6m | €11.6m | €11.5m | €11.4m | ▼ 1.3% |
| Contributions10/11 | €11.9m | €11.9m | - | €11.9m | €11.9m | €11.9m | €11.9m | €11.9m | = |
| Reserves13 | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Non-distributable reserves130/1 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Reserves not available under the articles1311 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Profit (loss) carried forward14 | -€0.09m | €0.02m | €0.07m | €0.03m | -€0.3m | -€0.3m | -€0.3m | -€0.5m | ▼ 48.7% |
| Provisions and deferred taxes16 | - | - | - | - | - | - | - | €0.06m | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | - | - | - | €0.06m | - |
| Other liabilities and charges164/5 | - | - | - | - | - | - | - | €0.06m | - |
| Amounts payable17/49 | €5.2m | €5.6m | €5.7m | €6.3m | €7.4m | €7.5m | €7.7m | €7.8m | ▲ 1.6% |
| Amounts payable after more than one year17 | - | €0.3m | €0.2m | €0.5m | €0.9m | €0.9m | €0.7m | €0.5m | ▼ 23.6% |
| Financial debts170/4 | - | - | - | €0.5m | €0.9m | €0.9m | €0.7m | €0.5m | ▼ 23.6% |
| Amounts payable within one year42/48 | €4.4m | €4.3m | €4.2m | €4.3m | €4.9m | €4.8m | €4.9m | €5.0m | ▲ 1.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.05m | €0.02m | €0.1m | €0.2m | €0.2m | ▲ 1.4% |
| Financial debts43 | - | - | - | €0.1m | €0.2m | €0.2m | €0.3m | €0.3m | ▲ 0.6% |
| Credit institutions430/8 | - | - | - | €0.1m | €0.2m | €0.2m | €0.3m | €0.3m | ▲ 0.6% |
| Trade debts44 | €0.07m | €0.004m | - | €401 | €0.5m | €0.5m | €0.5m | €0.6m | ▲ 15.2% |
| Suppliers440/4 | - | - | - | €401 | €0.5m | €0.5m | €0.5m | €0.6m | ▲ 15.2% |
| Taxes, remuneration and social security45 | - | - | - | €0.07m | €0.01m | €0.01m | €0.02m | €0.03m | ▲ 29.5% |
| Taxes450/3 | - | - | - | €0.07m | €0.01m | €0.01m | €0.02m | €0.03m | ▲ 29.5% |
| Other amounts payable47/48 | - | - | - | €4.1m | €4.1m | €4.0m | €3.9m | €3.9m | ▼ 0.7% |
| Accrued charges and deferred income492/3 | - | - | - | €1.5m | €1.7m | €1.9m | €2.1m | €2.3m | ▲ 10.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€27,760 | €110,393 | €51,818 | -€46,897 | -€285,962 | -€35,195 | -€19,105 | -€152,316 | ▼ 697% |
| + Depreciation and write-downs630 | - | - | €967 | €967 | €967 | €967 | €967 | - | - |
| Operating cash flow (approximation) | -€27,760 | €110,393 | €52,786 | -€45,929 | -€284,995 | -€34,227 | -€18,138 | -€152,316 | ▼ 740% |
| Investment in fixed assets (approximation) | - | -€453,041 | -€99,217 | -€426,333 | -€724,918 | -€404,272 | -€90,134 | -€223,554 | ▼ 148% |
| Change in cash | - | -€90,857 | -€384 | -€21,183 | -€23,715 | €19,123 | €4,946 | -€12,901 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-12-2025 | abbreviated format | 31-08-2026 | 2026-00470464 |
| 30-12-2024 | abbreviated format | 31-07-2025 | 2025-00336999 |
| 30-12-2023 | abbreviated format | 30-07-2024 | 2024-00303228 |
| 30-12-2022 | abbreviated format | 31-07-2023 | 2023-00294675 |
| 30-12-2021 | abbreviated format | 20-08-2022 | 2022-20299155 |
| 30-12-2020 | abbreviated format | 31-08-2021 | 2021-63800171 |
| 30-12-2019 | abbreviated format | 22-08-2020 | 2020-45100055 |
| 30-12-2018 | abbreviated format | 31-07-2019 | 2019-40600367 |
| 30-12-2017 | abbreviated format | 31-07-2018 | 2018-41900406 |
| 30-12-2016 | abbreviated format | 31-08-2017 | 2017-57100192 |
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Of the 24,203 active companies whose main activity is other business support services (NACE 82990), figures are known for 9,614. 1,072 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.