ACTIVE

ANDICO INVEST

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Financial year 2025 · closed on 31/12/2025

Net result

107,7 k €

+0.4% YoY

Gross margin

324 k €

+10.5% YoY

Equity

1,3 M €

+8.9% YoY

What does ANDICO INVEST do?

ANDICO INVEST is a Private limited company incorporated in 2006. Its main activity is: Management consultancy activities. Its registered office is in Vosselaar.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0883.543.997

Incorporation

15/09/2006

Legal form

Private limited company

Registered office

Patrijzenlaan 3
2350 Vosselaar · FlandreSee on map

Contributed capital

151 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 68100Buying and selling of own real estate 68110Buying and selling of own real estate 68203Rental and operating of own or leased real estate+1

Signals

ProfitableLow riskPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	324 k €	+10.5%	293,1 k €	+15.1%	254,7 k €	-13.4%	294,2 k €	+66.8%	176,4 k €	-14.5%	206,3 k €	-12.7%	236,4 k €	+18.4%	199,7 k €	+1.7%	196,4 k €	+0.7%	195,1 k €	+1.4%	192,4 k €	+25.7%	153,1 k €	+27.8%	119,8 k €	-4.4%	125,3 k €	-25.2%	167,5 k €	+230%	50,8 k €	-19.3%	63 k €	+11.6%	56,4 k €	+7.6%	52,4 k €
EBITDA	290,2 k €	+11.5%	260,3 k €	+8.3%	240,4 k €	-8.5%	262,7 k €	+61.1%	163,1 k €	-15.1%	192,1 k €	-14.8%	225,6 k €	+20.3%	187,6 k €	-0.7%	188,9 k €	+0.0%	188,8 k €	+1.8%	185,4 k €	+26.3%	146,8 k €	+25.2%	117,2 k €	-2.9%	120,7 k €	-24.8%	160,5 k €	+227%	49 k €	-20.7%	61,8 k €	+12.3%	55 k €	+10.2%	49,9 k €
Operating result	225,6 k €	+10.9%	203,4 k €	+10.4%	184,2 k €	-11.6%	208,5 k €	+84.8%	112,8 k €	-16.2%	134,7 k €	-11.7%	152,5 k €	+1.0%	151,1 k €	-1.1%	152,7 k €	-0.5%	153,4 k €	+2.1%	150,3 k €	+35.0%	111,3 k €	+54.0%	72,3 k €	-19.0%	89,2 k €	-35.6%	138,6 k €	+600%	19,8 k €	-60.2%	49,7 k €	+5.5%	47,1 k €	+62.7%	28,9 k €
Net result	107,7 k €	+0.4%	107,3 k €	+27.1%	84,4 k €	-37.9%	135,9 k €	+84.3%	73,7 k €	-54.5%	162,1 k €	+50.1%	108 k €	+12.8%	95,8 k €	+35.6%	70,6 k €	-0.2%	70,8 k €	-3.8%	73,5 k €	+77.3%	41,5 k €	+52.7%	27,2 k €	-34.6%	41,6 k €	-46.9%	78,3 k €	+12362%	628 €	-98.1%	32,2 k €	+10.7%	29,1 k €	+81.0%	16,1 k €
Balance sheet
Equity	1,3 M €	+8.9%	1,2 M €	+9.8%	1,1 M €	+8.3%	1 M €	+15.5%	876,6 k €	+9.2%	802,9 k €	+25.3%	640,8 k €	+11.6%	574,3 k €	+20.0%	478,5 k €	+17.3%	407,9 k €	+21.0%	337,1 k €	+27.9%	263,6 k €	+18.7%	222,1 k €	+5.6%	210,3 k €	+24.6%	168,8 k €	+86.5%	90,5 k €	+0.7%	89,9 k €	+56.0%	57,6 k €	+102%	28,5 k €
Total assets	4,7 M €	+47.8%	3,2 M €	-8.2%	3,4 M €	+9.0%	3,2 M €	+10.9%	2,8 M €	+12.1%	2,5 M €	-8.2%	2,8 M €	+33.6%	2,1 M €	+5.4%	2 M €	+1.5%	1,9 M €	+11.3%	1,7 M €	+3.5%	1,7 M €	+58.9%	1,1 M €	+18.5%	889,9 k €	+49.2%	596,3 k €	+28.8%	463,1 k €	+42.4%	325,2 k €	+1.3%	320,9 k €	+98.9%	161,4 k €
Cash	71,5 k €	-38.1%	115,4 k €	-60.4%	291,2 k €	+29194%	994 €	-99.6%	277,2 k €	+1610%	16,2 k €	-47.4%	30,8 k €	+3349%	894 €	+113%	419 €	-95.6%	9,6 k €	+23266%	41 €	-99.7%	15 k €	+65.1%	9,1 k €		–		91,5 k €	+188%	31,8 k €	+77.4%	17,9 k €	+20517%	87 €	-99.7%	28,9 k €
Debts	3,3 M €	+74.2%	1,9 M €	-17.6%	2,3 M €	+9.3%	2,1 M €	+9.2%	1,9 M €	+13.7%	1,7 M €	-20.0%	2,1 M €	+63.4%	1,3 M €	-12.9%	1,5 M €	-2.6%	1,5 M €	+9.1%	1,4 M €	-1.4%	1,4 M €	+69.7%	832,9 k €	+22.6%	679,6 k €	+59.3%	426,6 k €	+14.5%	372,6 k €	+58.3%	235,3 k €	-10.6%	263,3 k €	+98.2%	132,9 k €

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 · 2 active · 2 ended

Active mandates

Annick VERMEIREN

Director

Active

Dirk, Josephine, Karel SCHOENMAEKERS

Director

Active

Ended mandates

Annick VERMEIREN

Manager

Ended

Dirk, Josephine, Karel SCHOENMAEKERS

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	02/07/2025	27/06/2024	07/06/2023	20/06/2022	10/06/2021
General meeting	28/05/2026	30/05/2025	30/05/2024	25/05/2023	26/05/2022	27/05/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	28/05/2026	22/06/2026	Dutch	PDF
Abridged model	31/12/2024	30/05/2025	02/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/05/2024	27/06/2024	Dutch	PDF
Abridged model	31/12/2022	25/05/2023	07/06/2023	Dutch	PDF
Abridged model	31/12/2021	26/05/2022	20/06/2022	Dutch	PDF
Abridged model	31/12/2020	27/05/2021	10/06/2021	Dutch	PDF
Abridged model	31/12/2019	28/05/2020	22/06/2020	Dutch	PDF
Abridged model	31/12/2018	30/05/2019	05/06/2019	Dutch	PDF
Abridged model	31/12/2017	31/05/2018	13/06/2018	Dutch	PDF
Abridged model	31/12/2016	26/05/2017	30/05/2017	Dutch	PDF
Abridged model	31/12/2015	26/05/2016	07/06/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	04/06/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	04/06/2014	Dutch	PDF
Abridged model	31/12/2012	30/05/2013	05/06/2013	Dutch	PDF
Abridged model	31/12/2011	31/05/2012	05/06/2012	Dutch	PDF
Abridged model	31/12/2010	26/05/2011	30/05/2011	Dutch	PDF
Abridged model	31/12/2009	27/05/2010	02/06/2010	Dutch	PDF
Abridged model	31/12/2008	28/05/2009	16/06/2009	Dutch	PDF
Abridged model	31/12/2007	29/05/2008	13/06/2008	Dutch	PDF

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 · 2 active · 2 ended

Active mandates

Annick VERMEIREN

Director

Active

Dirk, Josephine, Karel SCHOENMAEKERS

Director

Active

Ended mandates

Annick VERMEIREN

Manager

Ended

Dirk, Josephine, Karel SCHOENMAEKERS

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/01/2024
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office25/02/2020
MAATSCHAPPELIJKE ZETEL
PDF
Registered office23/01/2019
MAATSCHAPPELIJKE ZETEL
PDF
Mandates12/10/2015
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares06/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office19/03/2010
MAATSCHAPPELIJKE ZETEL
PDF
Other15/10/2007
BOEKJAAR
PDF
Other25/09/2006
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

2025
Annual accounts 2025107,7 k €↑
2024
Annual accounts 2024107,3 k €↑
2023
Annual accounts 202384,4 k €↓
2022
Annual accounts 2022135,9 k €↑
2021
Annual accounts 202173,7 k €↓
2020
Annual accounts 2020162,1 k €↑
2019
Annual accounts 2019108 k €↑
2018
Annual accounts 201895,8 k €↑
2017
Annual accounts 201770,6 k €↓
2016
Annual accounts 201670,8 k €↓
2015
Annual accounts 201573,5 k €↑
2014
Annual accounts 201441,5 k €↑
2013
Annual accounts 201327,2 k €↓
2012
Annual accounts 201241,6 k €↓
2011
Annual accounts 201178,3 k €↑
2010
Annual accounts 2010628 €↓
2009
Annual accounts 200932,2 k €↑
2008
Annual accounts 200829,1 k €↑
2007
Annual accounts 200716,1 k €
15/09/2006
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

ANDICO INVEST

Overview

What does ANDICO INVEST do?

Trend over 19 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