ACTIVE

Andreco

Export PDF
Financial year 2025 · closed on 30/06/2025
Net result
56,8 k €
+42.5% YoY
Gross margin
89,8 k €
+25.1% YoY
Equity
207,9 k €
+37.6% YoY

What does Andreco do?

Andreco is a Private limited company incorporated in 2020. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Zedelgem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0746.461.520
Incorporation
22/04/2020
Legal form
Private limited company
Registered office
Veldegemsestraat 88
8210 Zedelgem · FlandreSee on map
Contributed capital
2 500,00 €
Latest accounts
30/06/2025
Activities (NACE)
82990Other business support service activities n.e.c.· main82990Other business support service activities n.e.c.46610Wholesale of agricultural machinery, equipment and supplies46610Wholesale of agricultural machinery, equipment and supplies77310Rental and leasing of agricultural machinery and equipment77310Rental and leasing of agricultural machinery and equipment
Signals
ProfitableSolid equityLow riskGood 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 4 financial years

2025202420232022
Income statement
Gross margin89,8 k €71,7 k €70,6 k €51 k €
EBITDA88,1 k €71 k €69,9 k €50,3 k €
Operating result80,3 k €58,6 k €57,5 k €41,3 k €
Net result56,8 k €39,9 k €41 k €31 k €
Balance sheet
Equity207,9 k €151 k €111,1 k €70,1 k €
Total assets310,6 k €267,7 k €269,6 k €182,4 k €
Cash101,3 k €39,2 k €36,3 k €51,4 k €
Debts95 k €116,7 k €158,5 k €112,4 k €
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 30/06/2025 · 1 active · 1 ended

Active mandates

DAVY TAVEIRNE

Director · since 20 avril 2020

Active

Ended mandates

Davy Taveirne

Director

Ended
Annual accounts

Full financial information

20252024202320222021
Type of accountMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/07/202401/07/202301/07/202201/07/202122/04/2020
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/2021
Length of the financial year12 months12 months12 months12 months15 months
Filing date30/01/202603/02/202531/01/202427/01/202331/01/2022
General meeting06/12/202507/12/202402/12/202303/12/202204/12/2021
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202506/12/202530/01/2026DutchPDF
Micro model30/06/202407/12/202403/02/2025DutchPDF
Micro model30/06/202302/12/202331/01/2024DutchPDF
Micro model30/06/202203/12/202227/01/2023DutchPDF
Micro model30/06/202104/12/202131/01/2022DutchPDF
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 30/06/2025 · 1 active · 1 ended

Active mandates

DAVY TAVEIRNE

Director · since 20 avril 2020

Active

Ended mandates

Davy Taveirne

Director

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Other24/04/2020
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, 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

Timeline

  1. 2025
    Annual accounts 202556,8 k €↑
  2. 2024
    Annual accounts 202439,9 k €↓
  3. 2023
    Annual accounts 202341 k €↑
  4. 2022
    Annual accounts 202231 k €
  5. 22/04/2020
    IncorporationPrivate limited company