ANDYNARY
Open bankruptcyA bankruptcy procedure is open for ANDYNARY according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €52k and a net result of €-16k.
Signals
Three signals.
+raises risk○neutral
Financials · fiscal year 2022, micro schema
Equity
€52k▼ 23.7%
2021 · €68k
2018: €41k
2019: €54k
2021: €68k
2018 → 2022
Total assets
€65k▼ 11.5%
2021 · €74k
2018: €53k
2019: €66k
2021: €74k
2018 → 2022
Net result
€-16k
2021 · €14k
2018: €11k
2019: €13k
2021: €14k
2018 → 2022
Working capital
€50k▼ 24.0%
2021 · €66k
2018: €41k
2019: €52k
2021: €66k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920212022Trend
Equity€41k-€54k▲ 30.3%€68k▲ 25.9%€52k▼ 23.7%
Operating result€11k-€19k▲ 73.8%€14k▼ 27.3%€-14k
Net result€11k-€13k▲ 18.3%€14k▲ 11.3%€-16k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €14k after €14k in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €65k
Fixed assets
€2k▼ 13.5%
Current assets
€63k▼ 11.5%
Equity and liabilities €65k
Equity
€52k▼ 23.7%
Debt
€13k▲ 136%
The debt ratio rises from 7.6% to 20.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-14k
Cash flow
€-16k
Solvency
79.7%▼
2021 · 92.4%
Current ratio
4.80▼
2021 · 12.82
Quick ratio
4.35▼
2021 · 12.67
Debt / equity
0.25▲
2021 · 0.08
ROE
-31.1%▼
2021 · 20.6%
ROA
-24.8%▼
2021 · 19.0%
Interest coverage
-61.97
Debt
€13k▲
2021 · €6k
Debt ≤ 1 year
€13k▲
2021 · €6k
Income taxes
€2k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€74k€65k▼
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€809€539▼
Plant, machinery and equipment23€509€339▼
Furniture and vehicles24€300€200▼
Financial fixed assets28€1k€1k=
Current assets29/58€72k€63k▼
Stocks and contracts in progress3€833€6k▲
Stocks30/36€833€6k▲
Amounts receivable within one year40/41€57k€48k▼
Trade receivables40€57k-
Other amounts receivable41-€48k
Cash at bank and in hand54/58€14k€9k▼
Equity and liabilities
Total equity and liabilities10/49€74k€65k▼
Equity10/15€68k€52k▼
Contributions10/11€20k€20k=
Capital10€20k€20k=
Issued capital100€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€45k€29k▼
Amounts payable17/49€6k€13k▲
Amounts payable within one year42/48€6k€13k▲
Trade debts44€835€8k▲
Suppliers440/4€835€8k▲
Taxes, remuneration and social security45€5k€5k=
Taxes450/3€5k€5k=
Income statement
Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€270
Gross operating margin9900€14k€-14k▼
Operating profit (loss)9901€14k€-14k▼
Financial charges65/66B€138€220▲
Recurring financial charges65€138€220▲
Profit (loss) for the period before taxes9903€14k€-14k▼
Income taxes67/77-€2k
Profit (loss) for the period9904€14k€-16k▼
Profit (loss) for the period to be appropriated9905€14k€-16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€45k€29k▼
Profit (loss) brought forward from the previous period14P€31k€45k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
27-03
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · ANDYNARY BV LEUVENSE- STEENWEG 251, 3070 KORTENBERG · event 21-03-2024
2023
07-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 129 days late
07-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 494 days late
2022
31-12
Financial
Weakest financial yearnet €-16k ▼215%
Net result drops to €-16k, the lowest in the series.
2021
31-12
Financial
Highest result since 2018net €14k ▲11.3%
Net result €14k, the highest in the series.
31-12
Financial
Liquidity doublescurrent ratio 12.82
Current ratio from 5.69 to 12.82; short-term debt falls from €11k to €6k.
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
2015
25-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
19-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 19 days late
2013
27-06
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Kortenberg · 1 establishment unit since 1996
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.
Leuvensesteenweg 2513070 KortenbergGround area
1,531 m²
Building footprint
147 m²
Parcel 24055A0029/00M008, Flanders. Linked by address, not a title deed.
1 establishment unit
ANDYNARY
since 19962.075.140.004
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24055A0029/00M008 | Flanders | 1,531 m² | 1 · 147 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | JACQUES ARNAUTS-SMEETS HERSELTSE-
STEENWEG 5, 3200 AARSCHOT |
21-03-2024 → present |
| Curator | GUNTHER
PEETERS HERSELTSESTEENWEG 5, 3200 AARSCHOT- |
21-03-2024 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded24-01-1996
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.