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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
ANDIRO from Lichtervelde, company number BE0446275521, closed financial year 2025 with a result of € -5.4 million after tax. For that financial year ANDIRO recorded a gross margin of € 45,263 and equity of € -540,284. Compared with financial year 2024, the result moved from € -64,229 to € -5.4 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ -540,284
▼ € 5.4 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5.4 million
▼ 8385 % more loss than in 2024
Profit after tax over the fiscal year.
€ 37,466
▲ € 37,017 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5.5 million.
Debts at end 2025
€ 2.4 million
▼ 5% vs 2024
Loans from banks and other lenders, long and short.
€ 169,893
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,943
▲ 23% 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 | € -14,575 | € 130,075 | € -19,072 | € 45,263 | ▲ € 64,335 |
| Profit after taxes | € -46,476 | € 106,343 | € -64,229 | € -5,449,989 | ▼ € 5.4 million |
| Equity | € 4,867,591 | € 4,973,934 | € 4,909,705 | € -540,284 | ▼ € 5.4 million |
| Total debts | € 2,045,914 | € 2,972,408 | € 2,788,441 | € 2,626,733 | ▼ 6% |
| Cash | € 1,105 | € 2,628 | € 449 | € 37,466 | ▲ € 37,017 |
| Land & buildings | € 1,286 | - | - | - | |
| Retained profit | € -142,050 | € -35,707 | € -99,935 | € -5,549,924 | ▼ € 5.4 million |
| Bank debt | € 1,835,823 | € 2,385,201 | € 2,535,922 | € 2,411,377 | ▼ 5% |
| Balance sheet total | € 6,913,504 | € 7,946,342 | € 7,698,146 | € 2,086,449 | ▼ 73% |
Key figures of ANDIRO, 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 ANDIRO?
What happened at ANDIRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5.4 million. filed late Source: NBB ↗
- New establishment in Lichtervelde. KBO
- Start of the company according to the CBE. KBO
In short
From € 46,476 loss in 2022 to € 5.4 million loss in 2025.
Best year ever: 2023, with € 106,343 profit.
Management
The stake of DELTI comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ANDIROBehind ANDIRO are Solange De Decker, DELTI BV and AD REM NV. The shares are held by DELTI (4.2%). It owns 100% of Radius II, 100% of Vermes, 100% of Anfora and 50% of Raditech itself.
Directors
According to the 2025 annual accounts
Shareholders
4.2%
Establishments
Establishment units
Physical locations of this company
Kauwentijnestraat 11
8810 Lichtervelde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0446.275.521
- VAT number
- BE 0446.275.521
- Registered office
- Kauwentijnestraat 11, 8810 Lichtervelde
- Names & denominations
- ANDIRO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 December 1991
- Peppol
- Active · Active since 2 Jun 2025
- Activities · NACE
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