Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 63 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ANDAVA from La Louvière, company number BE0437349442, closed financial year 2025 with a result of € 61,148 after tax. For that financial year ANDAVA recorded a gross margin of € 786,806 and equity of € 4 million. Compared with financial year 2024, the result moved from € 96,957 to € 61,148. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 4 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 61,148
▼ 37% vs 2024
Profit after tax over the fiscal year.
€ 496,661
▼ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 2,701
▼ 19% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3 million
▼ 6% vs 2024
€ 311,277 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 127,655
▲ 107% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,725
▼ 49% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 815,467 | € 1,192,935 | € 827,111 | € 786,806 | ▼ 5% |
| Profit after taxes | € 232,921 | € 445,731 | € 96,957 | € 61,148 | ▼ 37% |
| Equity | € 3,389,155 | € 3,834,886 | € 3,931,843 | € 3,992,991 | ▲ 2% |
| Total debts | € 2,634,838 | € 4,165,986 | € 4,733,563 | € 4,627,723 | ▼ 2% |
| Cash | € 301,172 | € 180,449 | € 659,717 | € 496,661 | ▼ 25% |
| Land & buildings | € 4,435,014 | € 6,305,552 | € 6,069,352 | € 5,912,425 | ▼ 3% |
| Retained profit | € 2,372,795 | € 2,818,526 | € 2,915,483 | € 2,976,631 | ▲ 2% |
| Bank debt | € 1,942,436 | € 2,809,002 | € 3,160,061 | € 2,970,559 | ▼ 6% |
| Balance sheet total | € 6,153,478 | € 8,211,215 | € 8,864,826 | € 8,813,247 | ▼ 1% |
Key figures of ANDAVA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ANDAVA?
What happened at ANDAVA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 61,148 (▼ 37% vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 232,921 profit in 2022 to € 61,148 profit in 2025.
Paid € 190,996 in corporate taxes since 2022.
Best year ever: 2023, with € 445,731 profit.
Management
Behind ANDAVA are Nathalie GLOTZ, Danny GLOTZ and André GLOTZ. Nathalie GLOTZ is also behind Etablissements André Glotz. Danny GLOTZ is also behind Etablissements André Glotz. André GLOTZ is also behind LA VAM, PLAYWORLD, World Family Games, FAMILY CENTER AIRPORT and Family Center Tirou.
Directors
According to the 2025 annual accounts
André GLOTZ
Managing director
Also active at: LA VAM, PLAYWORLD, World Family Games, FAMILY CENTER AIRPORT, Family Center Tirou, FAMILY CENTER QUIEVRAIN, PINCEMAILLE
Establishments
Establishment units
Physical locations of this company
Chaussée de Mons(S-V) 544
7100 La Louvière
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →Etablissements André Glotz same network
€ 2.3 million gross margin · 2025
LA VAM same network
€ 395,972 gross margin · 2025
PLAYWORLD same network
€ 377,617 gross margin · 2025
World Family Games same network
€ 2.7 million gross margin · 2025
FAMILY CENTER AIRPORT same network
€ 133,963 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.349.442
- VAT number
- BE 0437.349.442
- Registered office
- Chaussée de Mons(S-V) 544, 7100 La Louvière
- Names & denominations
- ANDAVA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 April 1989
- Peppol
- Active · Active since 21 Oct 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van sociale woningen