D'ANDREA
ActiveSummary
D'ANDREA has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €354k and a net result of €16k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 91% of 269 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▲+2
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 11.47 against 7.96 in 2024; short-term debt: 6.3% and cash: 9.7% of total assets), and 13.5% 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○neutral
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 2025Solvency, return and age of the figures
Solvency
86.5%
Return on assets
3.9%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Manufacture of other non-metallic mineral products (NACE 23)
about 17% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
30 d early
2023
42 d early
2022
39 d early
2021
39 d early
2020
37 d early
2019
39 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, abbreviated schema
Equity
€354k▲ 4.7%
2024 · €338k
2018: €415khighest in 8 years
2019: €355k▼ -14.6% vs 2018
2020: €336k▼ -5.2% vs 2019
2021: €346k▲ +2.9% vs 2020
2022: €324k▼ -6.4% vs 2021lowest in 8 years
2023: €337k▲ +3.9% vs 2022
2024: €338k▲ +0.5% vs 2023
2025: €354k▲ +4.7% vs 2024
2018 → 2025
Total assets
€409k▼ 5.8%
2024 · €435k
2018: €611khighest in 8 years
2019: €465k▼ -23.9% vs 2018
2020: €412k▼ -11.5% vs 2019
2021: €402k▼ -2.4% vs 2020
2022: €430k▲ +7.1% vs 2021
2023: €376k▼ -12.7% vs 2022lowest in 8 years
2024: €435k▲ +15.7% vs 2023
2025: €409k▼ -5.8% vs 2024
2018 → 2025
Net result
€16k▲ 58.1%
2024 · €10k
2018: €-15k
2019: €-61k▼ -297% vs 2018lowest in 8 years
2020: €-18k▲ +69.9% vs 2019
2021: €10k▲ +154% vs 2020
2022: €-22k▼ -325% vs 2021
2023: €13k▲ +156% vs 2022
2024: €10k▼ -20.0% vs 2023
2025: €16k▲ +58.1% vs 2024highest in 8 years
2018 → 2025
Working capital
€270k▼ 19.3%
2024 · €334k
2018: €357khighest in 8 years
2019: €307k▼ -13.8% vs 2018
2020: €298k▼ -3.1% vs 2019
2021: €316k▲ +6.0% vs 2020
2022: €332k▲ +5.2% vs 2021
2023: €315k▼ -5.3% vs 2022
2024: €334k▲ +6.3% vs 2023
2025: €270k▼ -19.3% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€346k-€324k▼ 6.4%€337k▲ 3.9%€338k▲ 0.5%€354k▲ 4.7%
2021: €346k
2022: €324k▼ -6.4% vs 2021lowest in 5 years
2023: €337k▲ +3.9% vs 2022
2024: €338k▲ +0.5% vs 2023
2025: €354k▲ +4.7% vs 2024highest in 5 years
Operating result€23k-€-20k€18k€17k▼ 4.4%€19k▲ 8.0%
2021: €23khighest in 5 years
2022: €-20k▼ -189% vs 2021lowest in 5 years
2023: €18k▲ +188% vs 2022
2024: €17k▼ -4.4% vs 2023
2025: €19k▲ +8.0% vs 2024
Net result€10k-€-22k€13k€10k▼ 20.0%€16k▲ 58.1%
2021: €10k
2022: €-22k▼ -325% vs 2021lowest in 5 years
2023: €13k▲ +156% vs 2022
2024: €10k▼ -20.0% vs 2023
2025: €16k▲ +58.1% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 8% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €409k
Fixed assets
€114k ▲ 117%
Current assets
€296k ▼ 22.7%
Equity and liabilities €409k
Equity
€354k ▲ 4.7%
Debt
€55k ▼ 42.7%
Debt's share of the balance-sheet total falls from 22.1% to 13.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€35k▲
2024 · €32k
Cash flow
€33k▲
2024 · €25k
Current ratio
11.47▲
2024 · 7.96
Quick ratio
4.94▲
2024 · 4.06
Debt to equity
0.16▼
2024 · 0.28
ROE
4.5%▲
2024 · 3.0%
ROA
3.9%▲
2024 · 2.3%
Interest coverage
12.99▲
2024 · 6.13
Debt ≤ 1 year
€26k▼
2024 · €48k
Debt > 1 year
€29k▲
2024 · €12k
Income taxes
€2k▼
2024 · €3k
Staff costs
€176k▲
2024 · €162k
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 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€435k€409k▼
Fixed assets21/28€52k€114k▲
Tangible fixed assets22/27€52k€114k▲
Plant, machinery and equipment23€22k€18k▼
Furniture and vehicles24€9k€77k▲
Other tangible fixed assets26€21k€19k▼
Current assets29/58€382k€296k▼
Stocks and contracts in progress3€187k€168k▼
Stocks30/36€187k€168k▼
Amounts receivable within one year40/41€66k€86k▲
Trade receivables40€57k€51k▼
Other amounts receivable41€9k€35k▲
Cash at bank and in hand54/58€129k€40k▼
Deferred charges and accrued income490/1€813€1k▲
Equity and liabilities
Total equity and liabilities10/49€435k€409k▼
Equity10/15€338k€354k▲
Contributions10/11€40k€40k=
Reserves13€298k€314k▲
Distributable reserves133€298k€314k▲
Amounts payable17/49€96k€55k▼
Amounts payable after more than one year17€12k€29k▲
Financial debts170/4€12k€29k▲
Amounts payable within one year42/48€48k€26k▼
Current portion of amounts payable after more than one year42€8k€14k▲
Trade debts44€23k€519▼
Suppliers440/4€23k€519▼
Taxes, remuneration and social security45€17k€11k▼
Taxes450/3€5k€1k▼
Remuneration and social security454/9€12k€9k▼
Accrued charges and deferred income492/3€36k-
Income statement
Code20242025
Non-recurring operating income76A-€3k
Remuneration, social security and pensions62€162k€176k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€17k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€195k€213k▲
Operating profit (loss)9901€17k€19k▲
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€13k€17k▲
Income taxes67/77€3k€2k▼
Profit (loss) for the period9904€10k€16k▲
Profit (loss) for the period to be appropriated9905€10k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€16k▲
Transfer to equity691/2€10k€16k▲
To other reserves6921€10k€16k▲
Social balance
Average headcount (FTE)90873.03.0=
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €6k | - | - | €3k | - |
| Remuneration, social security and pensions62 | €172k | €100k | €142k | €162k | €176k | ▲ 9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €37k | €13k | €12k | €15k | €17k | ▲ 13.9% |
| Other operating charges640/8 | €2k | €2k | €2k | €2k | €2k | ▲ 12.6% |
| Gross operating margin9900 | €233k | €94k | €173k | €195k | €213k | ▲ 9.3% |
| Operating profit (loss)9901 | €23k | €-20k | €18k | €17k | €19k | ▲ 8.0% |
| Financial income75/76B | €2k | €2k | €620 | €1k | €2k | ▲ 53.8% |
| Recurring financial income75 | €2k | €2k | €620 | €1k | €2k | ▲ 53.8% |
| Financial charges65/66B | €3k | €4k | €5k | €5k | €3k | ▼ 47.8% |
| Recurring financial charges65 | €3k | €3k | €3k | €5k | €3k | ▼ 47.8% |
| Non-recurring financial charges66B | - | €420 | €2k | - | - | - |
| Profit (loss) for the period before taxes9903 | €22k | €-22k | €14k | €13k | €17k | ▲ 33.9% |
| Transfer from deferred taxes780 | €2k | - | - | - | - | - |
| Income taxes67/77 | €14k | - | €1k | €3k | €2k | ▼ 47.0% |
| Profit (loss) for the period9904 | €10k | €-22k | €13k | €10k | €16k | ▲ 58.1% |
| Transfer from tax-exempt reserves789 | €49k | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €59k | €-22k | €13k | €10k | €16k | ▲ 58.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €402k | €430k | €376k | €435k | €409k | ▼ 5.8% |
| Fixed assets21/28 | €55k | €34k | €22k | €52k | €114k | ▲ 117% |
| Tangible fixed assets22/27 | €55k | €34k | €22k | €52k | €114k | ▲ 117% |
| Land and buildings22 | €5k | €3k | €2k | - | - | - |
| Plant, machinery and equipment23 | €8k | €7k | €4k | €22k | €18k | ▼ 19.7% |
| Furniture and vehicles24 | €41k | €24k | €16k | €9k | €77k | ▲ 749% |
| Other tangible fixed assets26 | - | - | - | €21k | €19k | ▼ 10.6% |
| Current assets29/58 | €347k | €396k | €354k | €382k | €296k | ▼ 22.7% |
| Stocks and contracts in progress3 | €195k | €199k | €189k | €187k | €168k | ▼ 10.1% |
| Stocks30/36 | €195k | €199k | €189k | €187k | €168k | ▼ 10.1% |
| Amounts receivable within one year40/41 | €47k | €89k | €62k | €66k | €86k | ▲ 31.5% |
| Trade receivables40 | €30k | €59k | €43k | €57k | €51k | ▼ 9.8% |
| Other amounts receivable41 | €17k | €30k | €19k | €9k | €35k | ▲ 303% |
| Cash at bank and in hand54/58 | €104k | €108k | €102k | €129k | €40k | ▼ 69.1% |
| Deferred charges and accrued income490/1 | €1k | €1k | €1k | €813 | €1k | ▲ 69.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €402k | €430k | €376k | €435k | €409k | ▼ 5.8% |
| Equity10/15 | €346k | €324k | €337k | €338k | €354k | ▲ 4.7% |
| Contributions10/11 | €40k | €40k | €40k | €40k | €40k | = |
| Reserves13 | €306k | €284k | €297k | €298k | €314k | ▲ 5.3% |
| Non-distributable reserves130/1 | €4k | €4k | €4k | - | - | - |
| Reserves not available under the articles1311 | €4k | €4k | €4k | - | - | - |
| Distributable reserves133 | €302k | €280k | €293k | €298k | €314k | ▲ 5.3% |
| Amounts payable17/49 | €56k | €106k | €39k | €96k | €55k | ▼ 42.7% |
| Amounts payable after more than one year17 | €9k | €4k | - | €12k | €29k | ▲ 140% |
| Financial debts170/4 | €9k | €4k | - | €12k | €29k | ▲ 140% |
| Amounts payable within one year42/48 | €31k | €64k | €39k | €48k | €26k | ▼ 46.3% |
| Current portion of amounts payable after more than one year42 | €12k | €5k | €4k | €8k | €14k | ▲ 76.4% |
| Trade debts44 | €6k | €44k | €17k | €23k | €519 | ▼ 97.7% |
| Suppliers440/4 | €6k | €44k | €17k | €23k | €519 | ▼ 97.7% |
| Advances received on contracts in progress46 | €121 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €14k | €15k | €19k | €17k | €11k | ▼ 35.5% |
| Taxes450/3 | €5k | €7k | €18k | €5k | €1k | ▼ 73.4% |
| Remuneration and social security454/9 | €8k | €7k | €249 | €12k | €9k | ▼ 18.5% |
| Accrued charges and deferred income492/3 | €15k | €39k | - | €36k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10k | €-22k | €13k | €10k | €16k | ▲ 58.1% |
| + Depreciation and write-downs630 | €37k | €13k | €12k | €15k | €17k | ▲ 13.9% |
| Operating cash flow (approximation) | €47k | €-9k | €25k | €25k | €33k | ▲ 31.8% |
| Investment in fixed assets (approximation) | - | €8k | €-1 | €-45k | €-78k | ▼ 73.1% |
| Change in cash | - | €4k | €-6k | €27k | €-89k | ▼ 434% |
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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €16k ▲58.1%
Net result €16k, the highest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €10k
Net result €10k after 3 loss-making years.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-61k
Net result drops to €-61k, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Knokke-Heist · 1 establishment unit since 1995
Ground area
877 m²
Building footprint
180 m²
Volume, LiDAR
1,141 m³
Parcel 31039E0205/00H000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
D'ANDREA
since 19952.073.066.182
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31039E0205/00H000 | Flanders | 877 m² | 1 · 180 m² | 9.8 m · 2 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.
Recognitions · licences · registrations
Dual-learning approval
2 endedMedewerker tegelzetwerken en dekvloeren duaal (so)
Tegelzetter (so)
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Of 738 companies in sector 23700 we hold annual accounts for 490. 413 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
Founded18-08-1995
Fiscal year end31-12
Activities, NACEBEL 2025
23700Cutting, shaping and finishing of stone
43331Floor and wall tiling
43343Specialised construction activities
46834Wholesale trade
46835Wholesale trade
46839Wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.