Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2024; threshold 65 %.
-
Annual account missing NBB
Fiscal year 2025 was expected before 30 January 2026 and has not been filed.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
AL ANDALUS from Chimay, company number BE0691988595, closed financial year 2024 with a result of € -3,809 after tax. For that financial year AL ANDALUS recorded a gross margin of € 49,246 and equity of € -12,895. Compared with financial year 2023, the result moved from € 21,650 to € -3,809. 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 February 4, 2025.
€ -12,895
▼ € 3,809 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,809
▼ still € 21,650 profit in 2023
Profit after tax over the fiscal year.
€ 1,419
▼ 63% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -52,895.
People and assets in 2024
€ 300
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 521
▼ 21% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 300,000
▼ 9% vs 2023
€ 27,912 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 57,959
▼ 10% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 25,375
▼ 43% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 37,335 | € 79,961 | € 80,398 | € 49,246 | ▼ 39% |
| Profit after taxes | € -25,224 | € 13,705 | € 21,650 | € -3,809 | ▼ € 25,459 |
| Equity | € -44,441 | € -30,736 | € -9,086 | € -12,895 | ▼ € 3,809 |
| Total debts | € 727,876 | € 716,024 | € 655,646 | € 623,566 | ▼ 5% |
| Cash | € 88 | € 4,512 | € 3,818 | € 1,419 | ▼ 63% |
| Land & buildings | € 565,924 | € 542,926 | € 519,928 | € 496,931 | ▼ 4% |
| Retained profit | € -84,441 | € -70,736 | € -49,086 | € -52,895 | ▼ € 3,809 |
| Bank debt | € 390,909 | € 361,991 | € 330,054 | € 300,000 | ▼ 9% |
| Balance sheet total | € 683,435 | € 685,288 | € 646,560 | € 610,671 | ▼ 6% |
Key figures of AL ANDALUS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 30 January 2026.
What happened to AL ANDALUS?
What happened at AL ANDALUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 3,809 (▼ € 25,459 vs 2023). filed late Source: NBB ↗
- New establishment in Chimay. KBO
- Javier FERNANDEZ ECHARRI became a director. NBB
- Thomas Lackey became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 25,224 loss in 2021 to € 3,809 loss in 2024.
Paid € 38,166 in corporate taxes since 2021.
Best year ever: 2023, with € 21,650 profit.
Management
Behind AL ANDALUS are Javier FERNANDEZ ECHARRI and Thomas Lackey.
Directors
According to the 2024 annual accounts
Javier FERNANDEZ ECHARRI
Manager
since 2018
Thomas Lackey
Manager
since 2018
Establishments
Establishment units
Physical locations of this company
Rue de la Fagne(CH) 23
6460 Chimay
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0691.988.595
- VAT number
- BE 0691.988.595
- Registered office
- Rue de la Fagne(CH) 23, 6460 Chimay
- Names & denominations
- AL ANDALUS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 March 2018
- Peppol
- Not registered
- Activities · NACE
Veterinaire diensten
Ondersteunende activiteiten in verband met de veeteelt
Africhten van huisdieren
Fokken en houden van paarden en andere paardachtigen
Overige sportactiviteiten, neg
Exploitatie van sportaccommodaties