ACTIVE

ANDAMO

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Financial year 2025 · closed on 30/09/2025

Net result

55 k €

+51.3% YoY

Gross margin

176,1 k €

-28.6% YoY

Equity

223,1 k €

+32.7% YoY

Workforce

0,0 ETP

What does ANDAMO do?

ANDAMO is a Public limited company incorporated in 1999. Its main activity is: Management consultancy activities. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0466.337.594

Incorporation

23/06/1999

Legal form

Public limited company

Registered office

Raapstraat 4
2000 Antwerpen · FlandreSee on map

Contributed capital

162 000,00 €

Latest accounts

30/09/2025

Average workforce

0,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Joint committees (1)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2008		2007
Income statement
Gross margin	176,1 k €	-28.6%	246,8 k €	+203%	81,4 k €	-78.5%	378,6 k €	+132%	163 k €	+41.6%	115,1 k €	-7.1%	123,9 k €	-39.6%	205 k €	-9.4%	226,3 k €	+227%	69,1 k €	+16.0%	59,6 k €	+226%	18,3 k €	-91.3%	209,1 k €	-10.6%	233,9 k €	+7.9%	216,8 k €	-4.5%	226,9 k €	+1.6%	223,4 k €	-3.6%	231,7 k €
EBITDA	169,2 k €	+14.1%	148,2 k €	+140%	61,6 k €	-83.5%	373,4 k €	+173%	136,9 k €	+60.7%	85,2 k €	-11.1%	95,8 k €	-45.4%	175,5 k €	-11.3%	197,8 k €	+362%	42,8 k €	+330%	10 k €	+135%	-28,1 k €	-118%	159,8 k €	-12.8%	183,3 k €	+6.0%	172,9 k €	-1.8%	176,2 k €	-15.1%	207,6 k €	-3.7%	215,5 k €
Operating result	79,2 k €	+56.0%	50,7 k €	+203%	-49,5 k €	-116%	307,7 k €	+474%	53,6 k €	+943%	-6,4 k €	-131%	20,7 k €	-80.5%	105,9 k €	+17.2%	90,4 k €	+187%	-104,3 k €	+22.9%	-135,3 k €	+19.1%	-167,3 k €	-1396%	12,9 k €	-62.9%	34,8 k €	-15.9%	41,3 k €	-25.1%	55,2 k €	-29.4%	78,2 k €	-33.6%	117,6 k €
Net result	55 k €	+51.3%	36,4 k €	+126%	-142,4 k €	-156%	255,5 k €	+435%	47,8 k €	+353%	-18,9 k €	-2485%	792,4 €	-99.0%	78 k €	+28.3%	60,8 k €	+147%	-130,2 k €	+19.5%	-161,8 k €	+17.1%	-195,2 k €	-871%	-20,1 k €	-216%	-6,4 k €	+26.8%	-8,7 k €	-88.4%	-4,6 k €	-113%	34,4 k €	-44.9%	62,4 k €
Balance sheet
Equity	223,1 k €	+32.7%	168,1 k €	+27.6%	131,7 k €	-51.9%	274,1 k €	+1376%	18,6 k €	+164%	-29,2 k €	-183%	-10,3 k €	+90.7%	-111,1 k €	+41.2%	-189,1 k €	+24.3%	-249,8 k €	-109%	-119,7 k €	-384%	42,1 k €	-82.2%	237,3 k €	-7.8%	257,4 k €	-2.4%	263,8 k €	-3.2%	272,5 k €	+32.8%	205,2 k €	+7.5%	190,8 k €
Total assets	540,2 k €	-25.7%	726,7 k €	-5.6%	769,8 k €	-11.0%	865 k €	+54.2%	561 k €	-1.9%	571,9 k €	+11.5%	513 k €	+11.9%	458,4 k €	-10.3%	510,9 k €	-11.6%	578,2 k €	-22.5%	746,3 k €	-15.2%	880,3 k €	-20.2%	1,1 M €	-0.2%	1,1 M €	-7.4%	1,2 M €	-9.6%	1,3 M €	+9.9%	1,2 M €	+15.2%	1 M €
Cash	–		–		–		–		–		–		–		–		–		1,4 k €	-70.8%	5 k €	-27.7%	6,9 k €	-93.4%	104,1 k €	+144%	42,8 k €	-22.4%	55,1 k €	+1863%	2,8 k €	-94.3%	49,1 k €	-3.9%	51,1 k €
Debts	317 k €	-43.2%	558,6 k €	+31.7%	424 k €	+29.8%	326,8 k €	+2.4%	318,9 k €	-5.2%	336,4 k €	+28.6%	261,6 k €	-27.6%	361,1 k €	-31.0%	523,4 k €	-20.2%	656,1 k €	-4.6%	687,8 k €	+3.6%	663,7 k €	-7.3%	715,9 k €	-1.1%	724,2 k €	-13.0%	832,2 k €	-14.7%	975,7 k €	-0.5%	980,4 k €	+16.9%	838,8 k €
Other
Workforce	0,0 ETP		0,0 ETP		–		–		–		–		0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	+50.0%	0,4 ETP	0.0%	0,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 5 ended

Active mandates

Eddy Dankers

Director

Active

Ended mandates

Eddy Dankers

Director · since 25 mai 2021 · until 25 juin 2027

Ended

Lizette Olyslaegers

Director · since 19 septembre 2014

Ended

Ann Van Nuffel

Director · since 01 juillet 1999

Ended

Eddy Dankers

Director · since 01 juillet 1999

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Micro model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	02/04/2026	27/03/2025	26/04/2024	21/04/2023	21/04/2022	30/04/2021
General meeting	13/03/2026	14/03/2025	26/04/2024	10/04/2023	08/04/2022	31/03/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	13/03/2026	02/04/2026	Dutch	PDF
Abridged model	30/09/2024	14/03/2025	27/03/2025	Dutch	PDF
Abridged model	30/09/2023	26/04/2024	26/04/2024	Dutch	PDF
Abridged model	30/09/2022	10/04/2023	21/04/2023	Dutch	PDF
Micro model	30/09/2021	08/04/2022	21/04/2022	Dutch	PDF
Micro model	30/09/2020	31/03/2021	30/04/2021	Dutch	PDF
Abridged model	30/09/2019	31/03/2020	30/04/2020	Dutch	PDF
Abridged model	30/09/2018	31/03/2019	25/04/2019	Dutch	PDF
Abridged model	30/09/2017	09/02/2018	07/03/2018	Dutch	PDF
Abridged model	30/09/2016	31/03/2017	28/04/2017	Dutch	PDF
Abridged model	30/09/2015	11/03/2016	31/03/2016	Dutch	PDF
Abridged model	30/09/2014	13/03/2015	10/04/2015	Dutch	PDF
Abridged model	30/09/2013	31/03/2014	08/05/2014	Dutch	PDF
Abridged model	30/09/2012	31/03/2013	30/04/2013	Dutch	PDF
Abridged model	30/09/2011	31/03/2012	24/04/2012	Dutch	PDF
Abridged model	30/09/2010	31/03/2011	29/04/2011	Dutch	PDF
Abridged model	30/09/2009	12/03/2010	30/04/2010	Dutch	PDF
Abridged model	30/09/2008	13/03/2009	30/03/2009	Dutch	PDF
Abridged model	30/09/2007	14/03/2008	20/03/2008	Dutch	PDF
Abridged model	30/09/2006	14/03/2007	20/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 30/09/2025 · 1 active · 5 ended

Active mandates

Eddy Dankers

Director

Active

Ended mandates

Eddy Dankers

Director · since 25 mai 2021 · until 25 juin 2027

Ended

Lizette Olyslaegers

Director · since 19 septembre 2014

Ended

Ann Van Nuffel

Director · since 01 juillet 1999

Ended

Eddy Dankers

Director · since 01 juillet 1999

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates23/05/2022
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/06/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/06/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/11/2014
ONTSLAGEN - BENOEMINGEN
PDF
Registered office24/09/2002
MAATSCHAPPELIJKE ZETEL
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 202555 k €↑
2024
Annual accounts 202436,4 k €↑
2023
Annual accounts 2023-142,4 k €↓
2022
Annual accounts 2022255,5 k €↑
2021
Annual accounts 202147,8 k €↑
2020
Annual accounts 2020-18,9 k €↓
2019
Annual accounts 2019792,4 €↓
2018
Annual accounts 201878 k €↑
2017
Annual accounts 201760,8 k €↑
2016
Annual accounts 2016-130,2 k €↑
2015
Annual accounts 2015-161,8 k €↑
2014
Annual accounts 2014-195,2 k €↓
2013
Annual accounts 2013-20,1 k €↓
2012
Annual accounts 2012-6,4 k €↑
2011
Annual accounts 2011-8,7 k €↓
2010
Annual accounts 2010-4,6 k €↓
2008
Annual accounts 200834,4 k €↓
2007
Annual accounts 200762,4 k €
23/06/1999
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

ANDAMO

Overview

What does ANDAMO do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

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