ACTIVE

ANDO

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Financial year 2025 · closed on 31/12/2025

Net result

10,7 k €

-54.1% YoY

Gross margin

17,8 k €

-44.2% YoY

Equity

122 k €

+9.6% YoY

What does ANDO do?

ANDO is a Private limited company incorporated in 2003. Its main activity is: Joinery installation. Its registered office is in Hasselt.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0860.457.603

Incorporation

12/09/2003

Legal form

Private limited company

Registered office

Grote Negenbundersstraat 41
3511 Hasselt · FlandreSee on map

Contributed capital

55 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

43320Joinery installation· main 43320Joinery installation 45421Sale, maintenance and repair of motorcycles and related parts and accessories

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	17,8 k €	-44.2%	31,9 k €	+48.3%	21,5 k €	+692%	2,7 k €	-87.1%	21 k €	+447%	-6,1 k €	-241%	4,3 k €	-86.9%	32,9 k €	+84.5%	17,8 k €	-67.4%	54,7 k €	+98.3%	27,6 k €	-51.8%	57,2 k €	-27.6%	79 k €	+191%	27,1 k €	-52.6%	57,2 k €
EBITDA	15,5 k €	-48.5%	30 k €	+53.5%	19,6 k €	+1540%	1,2 k €	-93.8%	19,3 k €	+340%	-8 k €	-429%	2,4 k €	-89.9%	24,3 k €	+931%	-2,9 k €	-114%	21,2 k €	+27.0%	16,7 k €	+110%	8 k €	-77.3%	35 k €	+727%	4,2 k €	-82.6%	24,3 k €
Operating result	14,4 k €	-50.1%	28,9 k €	+59.8%	18,1 k €	+273%	-10,4 k €	-246%	7,2 k €	+137%	-19,5 k €	-155%	-7,7 k €	-157%	13,5 k €	+420%	-4,2 k €	-125%	16,9 k €	+34.5%	12,6 k €	+1601%	-838 €	-103%	28 k €	+548%	-6,2 k €	-144%	14,1 k €
Net result	10,7 k €	-54.1%	23,2 k €	+30.6%	17,8 k €	+274%	-10,2 k €	-304%	5 k €	+126%	-19,6 k €	-147%	-8 k €	-161%	13 k €	+294%	-6,7 k €	-153%	12,8 k €	+15.1%	11,1 k €	+25456%	43,5 €	-99.8%	26,4 k €	+1591%	1,6 k €	-91.5%	18,4 k €
Balance sheet
Equity	122 k €	+9.6%	111,4 k €	+26.3%	88,1 k €	+25.3%	70,4 k €	-12.7%	80,6 k €	+6.6%	75,6 k €	-20.6%	95,2 k €	-7.7%	103,2 k €	+13.5%	90,9 k €	-6.9%	97,6 k €	+15.1%	84,9 k €	+15.1%	73,7 k €	-42.2%	127,5 k €	+26.2%	101,1 k €	+1.6%	99,5 k €
Total assets	130,5 k €	+9.7%	118,9 k €	+24.2%	95,7 k €	+11.2%	86,1 k €	-16.4%	102,9 k €	-13.5%	118,9 k €	-7.3%	128,2 k €	-12.1%	145,9 k €	+32.3%	110,3 k €	-9.4%	121,7 k €	+1.8%	119,5 k €	-18.5%	146,6 k €	-9.7%	162,4 k €	-36.3%	254,9 k €	-1.6%	259 k €
Cash	92,2 k €	+11.4%	82,8 k €	+51.3%	54,7 k €	+1.8%	53,8 k €	-3.3%	55,6 k €	-8.3%	60,7 k €	-9.4%	67 k €	-7.4%	72,3 k €	+9.4%	66,1 k €	-17.3%	79,9 k €	+12.4%	71,1 k €	+23.2%	57,7 k €	-18.1%	70,4 k €	-4.3%	73,6 k €	+12.0%	65,7 k €
Debts	8,5 k €	+11.8%	7,6 k €	-0.3%	7,6 k €	-51.4%	15,6 k €	-30.1%	22,3 k €	-48.5%	43,3 k €	+31.1%	33 k €	-22.7%	42,7 k €	+121%	19,3 k €	-19.5%	24 k €	-30.7%	34,6 k €	-52.5%	72,9 k €	+109%	34,9 k €	-61.0%	89,4 k €	+79.9%	49,7 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	-9.1%	1,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

Odiel Tzirtziganis

Director

Active

Ended mandates

François Roosen

Manager · since 01 avril 2017

Ended

Sofie Hoedt

Manager · since 01 janvier 2015

Ended

Steve Put

Manager · since 01 janvier 2015

Ended

Dorien Thys

Manager · since 01 avril 2013

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	22/06/2026	17/06/2025	06/06/2024	16/06/2023	31/05/2022	07/06/2021
General meeting	26/05/2026	26/05/2025	27/05/2024	30/05/2023	30/05/2022	31/05/2021
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

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	26/05/2026	22/06/2026	Dutch	PDF
Micro model	31/12/2024	26/05/2025	17/06/2025	Dutch	PDF
Micro model	31/12/2023	27/05/2024	06/06/2024	Dutch	PDF
Micro model	31/12/2022	30/05/2023	16/06/2023	Dutch	PDF
Micro model	31/12/2021	30/05/2022	31/05/2022	Dutch	PDF
Micro model	31/12/2020	31/05/2021	07/06/2021	Dutch	PDF
Micro model	31/12/2019	25/05/2020	30/06/2020	Dutch	PDF
Micro model	31/12/2018	27/05/2019	05/07/2019	Dutch	PDF
Micro model	31/12/2017	28/05/2018	28/06/2018	Dutch	PDF
Micro model	31/12/2016	29/05/2017	19/08/2017	Dutch	PDF
Abridged model	31/12/2015	30/05/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	26/05/2015	29/06/2015	Dutch	PDF
Abridged model	31/12/2013	26/05/2014	19/08/2014	Dutch	PDF
Abridged model	31/12/2012	26/05/2013	18/06/2013	Dutch	PDF
Abridged model	31/12/2011	29/05/2012	30/08/2012	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 1 active · 7 ended

Active mandates

Odiel Tzirtziganis

Director

Active

Ended mandates

François Roosen

Manager · since 01 avril 2017

Ended

Sofie Hoedt

Manager · since 01 janvier 2015

Ended

Steve Put

Manager · since 01 janvier 2015

Ended

Dorien Thys

Manager · since 01 avril 2013

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/11/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/04/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/08/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/03/2015
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares03/07/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates09/12/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/06/2013
ONTSLAGEN - BENOEMINGEN
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 202510,7 k €↓
2024
Annual accounts 202423,2 k €↑
2023
Annual accounts 202317,8 k €↑
2022
Annual accounts 2022-10,2 k €↓
2021
Annual accounts 20215 k €↑
2020
Annual accounts 2020-19,6 k €↓
2019
Annual accounts 2019-8 k €↓
2018
Annual accounts 201813 k €↑
2017
Annual accounts 2017-6,7 k €↓
2016
Annual accounts 201612,8 k €↑
2015
Annual accounts 201511,1 k €↑
2014
Annual accounts 201443,5 €↓
2013
Annual accounts 201326,4 k €↑
2012
Annual accounts 20121,6 k €↓
2011
Annual accounts 201118,4 k €
12/09/2003
IncorporationPrivate 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 15 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