ACTIVE

Ando Group

Financial year 2025 · closed on 31/12/2025
Net result
-377,8 k €
-370.2% YoY
Revenue
3,3 M €
+84.2% YoY
Equity
25,4 M €
+67.4% YoY
Workforce
15,6 ETP

What does Ando Group do?

Ando Group is a Private limited company incorporated in 2021. Its registered office is in Mechelen. It employs on average 15,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0778.297.019
Incorporation
06/12/2021
Legal form
Private limited company
Registered office
Vaartdijk 90
2800 Mechelen · FlandreSee on map
Contributed capital
27 002 422,31 €
Latest accounts
31/12/2025
Average workforce
15,6 ETP
Joint committees (1)
  • 20000
Signals
Solid equityLow riskGood liquidityPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Revenue3,3 M €1,8 M €1,9 M €885,9 k €
EBITDA480,2 k €927,1 k €-85,1 k €102,9 k €
Operating result216,3 k €808,5 k €-144,8 k €60,9 k €
Net result-377,8 k €139,8 k €-1 M €-355 k €
Balance sheet
Equity25,4 M €15,2 M €15 M €9,5 M €
Total assets55,1 M €33,2 M €33,4 M €24,7 M €
Cash1,4 M €
Debts29,6 M €18,1 M €18,4 M €15,2 M €
Other
Workforce15,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 6 ended

Active mandates

De Piloot B.V.

Director · since 29 juin 2026

Represented by Bastiaan Brefeld

Active
CONDERA

Director · since 14 septembre 2023 · 0504.846.101

Represented by Deraedt Pieter-Jan

Active
Simon Valkenburg Laurentius

Director · since 14 septembre 2023

Active
Kris ADRIAENSSENS

Director · since 20 décembre 2021 · 0458.650.444

Represented by Kris ADRIAENSSENS

Active
Améro

Director · since 06 décembre 2021 · 0761.662.311

Represented by Janssens ROBIN

Active
Quinten Birkhoff

Director · since 06 décembre 2021

Active

Ended mandates

CONDERA

Director · since 14 septembre 2023 · 0504.846.101

Represented by Pieter-Jan DERAEDT

Ended
CONDERA

Director · since 14 septembre 2023 · 0504.846.101

Represented by Pieter-Jan DERAEDT

Ended
Michael De Valk

Director · since 14 septembre 2023

Ended
Kris ADRIAENSSENS

Director · since 20 décembre 2021 · 0458.650.444

Represented by Kris ADRIAENSSENS

Ended
At this address

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ORTHOSPINEActive
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Annual accounts

Full financial information

2025202420232022
Type of accountFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202306/12/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months13 months
Filing date17/08/202629/07/202512/08/202431/08/2023
General meeting13/08/202627/06/202528/06/202420/07/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202513/08/202617/08/2026DutchPDF
Full model31/12/202427/06/202529/07/2025DutchPDF
Full model31/12/202328/06/202412/08/2024DutchPDF
Full model31/12/202220/07/202331/08/2023DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 6 active · 6 ended

Active mandates

De Piloot B.V.

Director · since 29 juin 2026

Represented by Bastiaan Brefeld

Active
CONDERA

Director · since 14 septembre 2023 · 0504.846.101

Represented by Deraedt Pieter-Jan

Active
Simon Valkenburg Laurentius

Director · since 14 septembre 2023

Active
Kris ADRIAENSSENS

Director · since 20 décembre 2021 · 0458.650.444

Represented by Kris ADRIAENSSENS

Active
Améro

Director · since 06 décembre 2021 · 0761.662.311

Represented by Janssens ROBIN

Active
Quinten Birkhoff

Director · since 06 décembre 2021

Active

Ended mandates

CONDERA

Director · since 14 septembre 2023 · 0504.846.101

Represented by Pieter-Jan DERAEDT

Ended
CONDERA

Director · since 14 septembre 2023 · 0504.846.101

Represented by Pieter-Jan DERAEDT

Ended
Michael De Valk

Director · since 14 septembre 2023

Ended
Kris ADRIAENSSENS

Director · since 20 décembre 2021 · 0458.650.444

Represented by Kris ADRIAENSSENS

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares04/02/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Other26/11/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other21/11/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other01/08/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other01/08/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other25/06/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Other28/05/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other23/05/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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 2025-377,8 k €
  2. 2024
    Annual accounts 2024139,8 k €
  3. 2023
    Annual accounts 2023-1 M €
  4. 2022
    Annual accounts 2022-355 k €
  5. 06/12/2021
    IncorporationPrivate limited company