ACTIVE

ANDO

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

184,7 k €

-35.3% YoY

Gross margin

248,3 k €

-24.7% YoY

Equity

-767,4 k €

+19.2% YoY

What does ANDO do?

ANDO is a Public limited company incorporated in 1988. Its main activity is: Management consultancy activities. Its registered office is in Beernem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0434.833.677

Incorporation

07/07/1988

Legal form

Public limited company

Registered office

Reigerlostraat 67
8730 Beernem · FlandreSee on map

Contributed capital

62 429,35 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 68201Rental and operating of own or leased real estate

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	248,3 k €	-24.7%	329,7 k €	+287%	85,3 k €	+23.8%	68,8 k €	-19.2%	85,2 k €	+14.0%	74,7 k €	-11.4%	84,4 k €	+6.6%	79,2 k €	-3.9%	82,4 k €	+2.4%	80,4 k €	+19.8%	67,1 k €	+9.4%	61,4 k €	+22.3%	50,2 k €	+10.1%	45,6 k €	-31.0%	66 k €	+74.1%	37,9 k €	-41.0%	64,3 k €	+1.3%	63,4 k €	-32.8%	94,4 k €	-35.7%	146,9 k €
EBITDA	232,1 k €	-28.1%	323 k €	+304%	80 k €	+28.8%	62,1 k €	-20.7%	78,3 k €	+13.4%	69 k €	-12.8%	79,1 k €	+11.2%	71,2 k €	-7.3%	76,8 k €	+2.7%	74,8 k €	+23.3%	60,6 k €	+10.1%	55,1 k €	+21.3%	45,4 k €	+34.2%	33,8 k €	-43.2%	59,5 k €	+140%	24,8 k €	-54.2%	54,2 k €	+24.9%	43,4 k €	-50.0%	86,8 k €	-39.8%	144,2 k €
Operating result	188 k €	-34.9%	289 k €	+612%	40,6 k €	+39.1%	29,2 k €	-35.4%	45,1 k €	+67.5%	26,9 k €	-27.1%	36,9 k €	+6.0%	34,8 k €	-23.8%	45,7 k €	+136%	19,3 k €	+77.6%	10,9 k €	+122%	-50,4 k €	+35.4%	-78 k €	-425%	24 k €	+3308%	-749,1 €	+97.9%	-34,9 k €	-456%	-6,3 k €	+87.1%	-48,7 k €	-264%	-13,4 k €	-139%	34,1 k €
Net result	184,7 k €	-35.3%	285,4 k €	+481%	49,1 k €	+95.2%	25,2 k €	+161%	-41,2 k €	+97.5%	-1,6 M €	-10600%	15,5 k €	+1.6%	15,2 k €	-29.7%	21,7 k €	-46.2%	40,3 k €	+4162%	-993,1 €	-108%	13,1 k €	+117%	-79 k €	-107%	1,2 M €	+1377%	80,3 k €	-43.3%	141,5 k €	+494%	-35,9 k €	-158%	61,4 k €	+228%	-48,1 k €	-371%	-10,2 k €
Balance sheet
Equity	-767,4 k €	+19.2%	-949,7 k €	+23.0%	-1,2 M €	+3.7%	-1,3 M €	+1.8%	-1,3 M €	-3.5%	-1,3 M €	-440%	369,8 k €	+4.3%	354,4 k €	+3.8%	341,4 k €	+6.1%	321,9 k €	+13.4%	283,7 k €	-1.1%	286,9 k €	+4.0%	276 k €	-11.9%	313,1 k €	-32.9%	466,4 k €	+20.8%	386,1 k €	+57.8%	244,6 k €	-12.8%	280,5 k €	+28.0%	219,1 k €	-18.0%	267,2 k €
Total assets	1,1 M €	+13.3%	958,7 k €	-1.3%	971,6 k €	+10.2%	881,5 k €	-7.4%	951,5 k €	-10.2%	1,1 M €	-1.9%	1,1 M €	-6.6%	1,2 M €	-3.2%	1,2 M €	-20.0%	1,5 M €	-0.6%	1,5 M €	-3.8%	1,6 M €	+29.3%	1,2 M €	+36.0%	889,5 k €	-2.1%	908,3 k €	-5.4%	960,2 k €	+0.5%	955,6 k €	-6.3%	1 M €	-11.2%	1,1 M €	-10.2%	1,3 M €
Cash	47,1 k €	+28.7%	36,6 k €	+36.2%	26,9 k €	-71.3%	93,5 k €	-30.7%	134,8 k €	-7.4%	145,6 k €	+27.3%	114,4 k €	-44.3%	205,4 k €	-9.5%	226,8 k €	+2422%	9 k €	-43.4%	15,9 k €	-63.2%	43,2 k €	-13.0%	49,7 k €	-89.0%	452,9 k €	+16367%	2,8 k €	-95.8%	64,7 k €	+218%	20,4 k €	-16.7%	24,5 k €	+214%	7,8 k €	-60.0%	19,5 k €
Debts	1,8 M €	-2.5%	1,8 M €	-13.9%	2,1 M €	+2.4%	2,1 M €	+320%	490,4 k €	-15.4%	579,8 k €	-2.7%	596 k €	-12.0%	677,4 k €	-6.3%	722,8 k €	-30.2%	1 M €	-0.9%	1 M €	-4.3%	1,1 M €	+45.3%	751,4 k €	+80.4%	416,6 k €	-5.7%	441,9 k €	-23.0%	574,1 k €	-19.3%	711 k €	-3.9%	739,7 k €	-20.4%	929,7 k €	-8.1%	1 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 17 ended

Active mandates

Charline ROELANDT

Director

Active

Ended mandates

Charline ROELANDT

Director · since 04 avril 2025

Ended

Marc ROELANDT

Director · since 15 septembre 2023

Ended

Marc ROELANDT

Director · since 15 septembre 2022

Ended

Charline Roelandt

Managing director · since 09 juin 2010 · until 09 juin 2016

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	13/08/2026	19/08/2025	31/07/2024	31/07/2023	23/12/2022	29/11/2022
General meeting	13/08/2026	30/06/2025	12/06/2024	30/06/2023	21/12/2022	22/11/2022
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	13/08/2026	13/08/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	19/08/2025	Dutch	PDF
Micro model	31/12/2023	12/06/2024	31/07/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	31/07/2023	Dutch	PDF
Micro model	31/12/2021	21/12/2022	23/12/2022	Dutch	PDF
Micro model	31/12/2020	22/11/2022	29/11/2022	Dutch	PDF
Micro model	31/12/2019	31/08/2020	25/09/2020	Dutch	PDF
Micro model	31/12/2018	28/06/2019	30/09/2019	Dutch	PDF
Micro model	31/12/2017	25/09/2018	28/09/2018	Dutch	PDF
Micro model	31/12/2016	14/06/2017	31/07/2017	Dutch	PDF
Abridged model	31/12/2015	08/06/2016	12/08/2016	Dutch	PDF
Abridged model	31/12/2014	10/06/2015	14/08/2015	Dutch	PDF
Abridged model	31/12/2013	11/06/2014	25/07/2014	Dutch	PDF
Abridged model	31/12/2012	12/06/2013	09/10/2013	Dutch	PDF
Abridged model	31/12/2011	13/06/2012	03/08/2012	Dutch	PDF
Abridged model	31/12/2010	21/11/2011	28/11/2011	Dutch	PDF
Abridged model	31/12/2009	09/06/2010	02/07/2010	Dutch	PDF
Abridged model	31/12/2008	10/06/2009	10/07/2009	Dutch	PDF
Abridged model	31/12/2007	11/06/2008	09/07/2008	Dutch	PDF
Abridged model	31/12/2006	13/06/2007	05/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 17 ended

Active mandates

Charline ROELANDT

Director

Active

Ended mandates

Charline ROELANDT

Director · since 04 avril 2025

Ended

Marc ROELANDT

Director · since 15 septembre 2023

Ended

Marc ROELANDT

Director · since 15 septembre 2022

Ended

Charline Roelandt

Managing director · since 09 juin 2010 · until 09 juin 2016

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/04/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Other30/08/2024
DIVERSEN
PDF
Registered office02/12/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates28/09/2022
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Registered office05/03/2015
MAATSCHAPPELIJKE ZETEL
PDF
Other17/10/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Restructuring11/10/2012
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring27/08/2012
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025184,7 k €↓
2024
Annual accounts 2024285,4 k €↑
2023
Annual accounts 202349,1 k €↑
2022
Annual accounts 202225,2 k €↑
2021
Annual accounts 2021-41,2 k €↑
2020
Annual accounts 2020-1,6 M €↓
2019
Annual accounts 201915,5 k €↑
2018
Annual accounts 201815,2 k €↓
2017
Annual accounts 201721,7 k €↓
2016
Annual accounts 201640,3 k €↑
2015
Annual accounts 2015-993,1 €↓
2014
Annual accounts 201413,1 k €↑
2013
Annual accounts 2013-79 k €↓
2012
Annual accounts 20121,2 M €↑
2011
Annual accounts 201180,3 k €↓
2010
Annual accounts 2010141,5 k €↑
2009
Annual accounts 2009-35,9 k €↓
2008
Annual accounts 200861,4 k €↑
2007
Annual accounts 2007-48,1 k €↓
2006
Annual accounts 2006-10,2 k €
07/07/1988
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ANDO

Overview

What does ANDO do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline