A.M.
InactiveInactive since 12-09-2026; last annual accounts for fiscal year 2025. Dissolved without liquidation; books and records kept by Carnot N & W.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-09-2026, 56 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
56 d late
2024
67 d late
2023
61 d late
2022
63 d late
2021
116 d late
2020
40 d late
2019
90 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 70 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Go further with this company
What became of the directors' other companies?Supplier due diligence Who ran this company, and where was it based, on a date before the end?Company as of a date
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€785,781▲ 6.5%
2024 · €737,690
Total assets
€1.2m▲ 0.7%
2024 · €1.2m
Net result
€48,092▼ 67.3%
2024 · €147,014
Working capital
€554,049▲ 5.9%
2024 · €523,033
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€104,161▼ 5.7%€214,132▲ 106%€213,452▼ 0.3%€219,950▲ 3.0%€90,094▼ 59.0%
Net result€72,800▼ 6.3%€152,946▲ 110%€148,406▼ 3.0%€147,014▼ 0.9%€48,092▼ 67.3%
Equity€289,323▲ 33.6%€442,269▲ 52.9%€590,676▲ 33.6%€737,690▲ 24.9%€785,781▲ 6.5%
Total assets€453,160▲ 11.3%€678,656▲ 49.8%€820,201▲ 20.9%€1.2m▲ 42.6%€1.2m▲ 0.7%
Debt€163,837▼ 14.1%€236,387▲ 44.3%€229,525▼ 2.9%€431,595▲ 88.0%€392,042▼ 9.2%
Working capital€202,640▲ 37.7%€303,092▲ 49.6%€453,531▲ 49.6%€523,033▲ 15.3%€554,049▲ 5.9%
Staff (FTE)0.10.5▲ 400%0.5=0.5=0.5=
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 59% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€478,965 ▼ 2.8%
Current assets
€698,858 ▲ 3.3%
Equity and liabilities €1.2m
Equity
€785,781 ▲ 6.5%
Debt
€392,042 ▼ 9.2%
Debt's share of the balance-sheet total falls from 36.9% to 33.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€110,190▼
2024 · €278,609
Cash flow
€68,187▼
2024 · €205,673
Current ratio
4.83▲
2024 · 4.41
Debt to equity
0.50▼
2024 · 0.59
ROE
6.1%▼
2024 · 19.9%
ROA
4.1%▼
2024 · 12.6%
Interest coverage
7.91▼
2024 · 17.75
Debt ≤ 1 year
€144,809▼
2024 · €153,563
Debt > 1 year
€246,349▼
2024 · €277,054
Income taxes
€42,360▼
2024 · €69,691
Staff costs
€25,438▲
2024 · €24,271
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €12,917 | - | - | - |
| Remuneration, social security and pensions62 | €2,793 | €20,102 | €25,703 | €24,271 | €25,438 | ▲ 4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,471 | €15,897 | €9,776 | €58,659 | €20,096 | ▼ 65.7% |
| Other operating charges640/8 | €147,543 | €66,548 | €67,113 | €13,267 | €3,646 | ▼ 72.5% |
| Non-recurring operating charges66A | - | - | €2,239 | - | - | - |
| Gross operating margin9900 | €268,967 | €316,678 | €318,283 | €316,147 | €139,274 | ▼ 55.9% |
| Operating profit (loss)9901 | €104,161 | €214,132 | €213,452 | €219,950 | €90,094 | ▼ 59.0% |
| Financial income75/76B | €11,826 | €4,831 | €10,812 | €12,454 | €14,286 | ▲ 14.7% |
| Recurring financial income75 | €11,826 | €4,831 | €10,812 | €12,454 | €14,286 | ▲ 14.7% |
| Financial charges65/66B | €5,920 | €5,670 | €4,986 | €15,699 | €13,928 | ▼ 11.3% |
| Recurring financial charges65 | €5,920 | €5,670 | €4,986 | €15,699 | €13,928 | ▼ 11.3% |
| Profit (loss) for the period before taxes9903 | €110,066 | €213,293 | €219,278 | €216,705 | €90,452 | ▼ 58.3% |
| Income taxes67/77 | €37,267 | €60,347 | €70,871 | €69,691 | €42,360 | ▼ 39.2% |
| Profit (loss) for the period9904 | €72,800 | €152,946 | €148,406 | €147,014 | €48,092 | ▼ 67.3% |
| Profit (loss) for the period to be appropriated9905 | €72,800 | €152,946 | €148,406 | €147,014 | €48,092 | ▼ 67.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €453,160 | €678,656 | €820,201 | €1.2m | €1.2m | ▲ 0.7% |
| Fixed assets21/28 | €123,940 | €155,330 | €138,310 | €492,688 | €478,965 | ▼ 2.8% |
| Tangible fixed assets22/27 | €37,497 | €68,886 | €51,867 | €406,245 | €392,522 | ▼ 3.4% |
| Land and buildings22 | €33,259 | €66,227 | - | €352,247 | €345,114 | ▼ 2.0% |
| Plant, machinery and equipment23 | €3,033 | €2,659 | €42,281 | €36,326 | €31,915 | ▼ 12.1% |
| Furniture and vehicles24 | €1,205 | - | €9,585 | €17,672 | €15,493 | ▼ 12.3% |
| Financial fixed assets28 | €86,443 | €86,443 | €86,443 | €86,443 | €86,443 | = |
| Current assets29/58 | €329,219 | €523,326 | €681,891 | €676,596 | €698,858 | ▲ 3.3% |
| Amounts receivable after more than one year29 | €159,650 | €240,000 | €295,000 | €400,000 | €400,000 | = |
| Other amounts receivable291 | €159,650 | €240,000 | €295,000 | €400,000 | €400,000 | = |
| Amounts receivable within one year40/41 | €147,604 | €186,623 | €332,251 | €231,539 | €223,732 | ▼ 3.4% |
| Trade receivables40 | €53,782 | €122,085 | €124,153 | €105,528 | €62,486 | ▼ 40.8% |
| Other amounts receivable41 | €93,822 | €64,537 | €208,098 | €126,011 | €161,246 | ▲ 28.0% |
| Cash at bank and in hand54/58 | €10,539 | €88,573 | €41,273 | €24,857 | €53,438 | ▲ 115% |
| Deferred charges and accrued income490/1 | €11,427 | €8,131 | €13,366 | €20,200 | €21,689 | ▲ 7.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €453,160 | €678,656 | €820,201 | €1.2m | €1.2m | ▲ 0.7% |
| Equity10/15 | €289,323 | €442,269 | €590,676 | €737,690 | €785,781 | ▲ 6.5% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €28,070 | €28,070 | €28,070 | €28,070 | €28,070 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | €17,042 | €17,042 | €17,042 | €17,042 | €17,042 | = |
| Distributable reserves133 | €9,168 | €9,168 | €9,168 | €9,168 | €9,168 | = |
| Profit (loss) carried forward14 | €242,653 | €395,599 | €544,005 | €691,019 | €739,111 | ▲ 7.0% |
| Amounts payable17/49 | €163,837 | €236,387 | €229,525 | €431,595 | €392,042 | ▼ 9.2% |
| Amounts payable after more than one year17 | €37,108 | €16,047 | €1,091 | €277,054 | €246,349 | ▼ 11.1% |
| Financial debts170/4 | €37,108 | €16,047 | €1,091 | €277,054 | €246,349 | ▼ 11.1% |
| Amounts payable within one year42/48 | €126,579 | €220,235 | €228,360 | €153,563 | €144,809 | ▼ 5.7% |
| Current portion of amounts payable after more than one year42 | €25,861 | €21,061 | €94,956 | €80,669 | €80,705 | = |
| Financial debts43 | €1,064 | - | €242 | - | - | - |
| Credit institutions430/8 | €1,064 | - | €242 | - | - | - |
| Trade debts44 | €15,505 | €79,877 | €44,775 | €26,304 | €37,507 | ▲ 42.6% |
| Suppliers440/4 | €15,505 | €79,877 | €44,775 | €26,304 | €37,507 | ▲ 42.6% |
| Taxes, remuneration and social security45 | €84,149 | €119,297 | €88,387 | €46,590 | €26,597 | ▼ 42.9% |
| Taxes450/3 | €79,697 | €116,483 | €85,110 | €42,315 | €20,709 | ▼ 51.1% |
| Remuneration and social security454/9 | €4,452 | €2,814 | €3,277 | €4,276 | €5,888 | ▲ 37.7% |
| Accrued charges and deferred income492/3 | €149 | €105 | €73 | €978 | €884 | ▼ 9.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €72,800 | €152,946 | €148,406 | €147,014 | €48,092 | ▼ 67.3% |
| + Depreciation and write-downs630 | €14,471 | €15,897 | €9,776 | €58,659 | €20,096 | ▼ 65.7% |
| Operating cash flow (approximation) | €87,271 | €168,843 | €158,183 | €205,673 | €68,187 | ▼ 66.8% |
| Investment in fixed assets (approximation) | - | -€47,286 | €7,244 | -€413,037 | -€6,372 | ▲ 98.5% |
| Change in cash | - | €78,034 | -€47,299 | -€16,416 | €28,580 | ▲ 274% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 56 days late
21-09
State Gazette act
General meeting · MergerResignation: LAMMERTYN Wim (director) · Appointment: LAMMERTYN Wim (director) · Shareholding23 facts ▸
State Gazette act
General meeting · Merger
Resignation: LAMMERTYN Wim (director) · Appointment: LAMMERTYN Wim (director) · Shareholding23 facts ▸
- General meeting, 01-09-2026
- Merger, met fusie door overneming gelijkgestelde verrichting, 01-09-2026
- Shareholding, Carnot N & W
- Other statement, 14-07-2026
- Other statement, receipt of fusion proposal copy, meer dan één maand voor de datum van de huidige algemene vergadering
- Other statement, access to documents, meer dan één maand voor de datum van de huidige algemene vergaderingen
- Other statement, waiver of interim figures, conform artikel 12:51, §2, laatste lid WVV
- Other statement, discharge of chairman from reading documents
- Other statement, no privileged shares or securities
- Other statement, no special benefits for directors
- Other statement, no change to purpose of absorbing company, activiteiten van overgenomen vennootschap zijn complementair
- Real estate, In een appartementsgebouw met aanhorigheden op en met grond gelegen Franklin Rooseveltlaan nummer 4-22, gekadastreerd volgens titel sectie D nummer 2543/H/4 en…
- +11 further facts in this act
24-07
State Gazette act
RestructuringMerger · Shareholding · Declaration7 facts ▸
State Gazette act
Restructuring
Merger · Shareholding · Declaration7 facts ▸
- Merger, met fusie door overneming gelijkgestelde verrichting, het gehele vermogen van [B], zowel de rechten als de verplichtingen, door ontbinding zonder vereffening ov…
- Shareholding, 100%
- Other statement, economische verantwoording, intern herstructureringsproject met het oog op de vereenvoudiging van de groepsstructuur waarbij één van de overwegingen is het aant…
- Declaration, geen bijzondere rechten verbonden aan de aandelen van de Over te Nemen Vennootschap en er werden geen andere effecten dan aandelen uitgegeven in de Over te Neme…
- Declaration, geen bijzonder voordeel toegekend aan de leden van de bestuursorganen van de te fuseren vennootschappen
- Real estate, Tot de activa van de Over te Nemen Vennootschap behoort voor de geheelheid in volle eigendom het volgende goed: In een appartementsgebouw met aanhorigheden op e…
- Statutes amendment
2025
06-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 67 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
31-12
Financial
Equity above €500,000Eq €590,676 ▲33.6%
5 profitable years in a row build equity to €590,676.
02-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 63 days late
2022
31-12
Financial
Highest result since 2018net €152,946 ▲110%
Net result €152,946, the highest in the series.
24-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 116 days late
2021
09-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 40 days late
2020
31-12
Financial
Equity above €200,000Eq €216,524 ▲56%
2 profitable years in a row build equity to €216,524.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 90 days late
Show earlier events
2019
31-12
Financial
Back to profitnet €30,750
Net result €30,750 after one loss-making year.
21-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 82 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
16-03
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 228 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Not every act has been read: a resignation may be missing here
2 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Nazareth-De Pinte
Ground area
2,845 m²
Building footprint
182 m²
Volume, LiDAR
1,012 m³
Parcel 44048H0158/00A000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44048H0158/00A000 | Flanders | 2,845 m² | 1 · 182 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
1 person since 2026, 0 in office
- Board
| Name | Functions and periods |
|---|---|
| LAMMERTYN Wim |
|
Articles of association
Purpose
Adviesbureau met betrekking tot fusies en overname, splitsingen, vereffening van vennootschappen; Adviesverlening in verband met oprichtingen van Belgische en buitenlandse…
Full purpose (18 activities)
- Adviesbureau met betrekking tot fusies en overname, splitsingen, vereffening van vennootschappen
- Adviesverlening in verband met oprichtingen van Belgische en buitenlandse vennootschappen
- Adviesverlening in verband met bedrijfsorganisatie en reorganisatie, informatica en management
- Studie- en organisatie-, en raadgevend bureau inzake handels- en financiële aangelegenheden (uitgezonderd beleggingsadvies)
- Marketingbureau en publiciteitsonderneming
- Informatiekantoor
- Bureau voor nijverheidsstudiën
- Tussenpersoon in de handel, export en import, groot- en kleinhandel
- Vertaalbureau
- Dienstverlening met betrekking tot het beheer van vennootschappen
- De onderneming heeft verder nog tot doel het deelnemen aan het bestuur van vennootschappen en ondernemingen, al dan niet door middel van de uitoefening van een bestuurdersmandaat, het nemen en beheren van belangen en participaties in ondernemingen en vennootschappen van alle aard. De onderneming kan ook samenwerken met, deelnemen in op gelijk welke wijze, kan rechtstreeks of zijdelings belangen nemen in ondernemingen en vennootschappen in alle activiteiten die verband houden met bovengenoemd doel of wat van aard is de verwezenlijking ervan te bevorderen
- Handelen in onroerende en onroerende goederen, welke onder meet omvat de verwerking, de vervreemding, het beheer, het doen bouwen, verbouwen en dit alles in de ruimste zin van het woord, met inbegrip van onroerende leasing
- Het optreden bij onderhandelingen, bij gehele of gedeeltelijke overname van aandelen, dit in de ruimste zin van het woord
- Het bevorderen van de oprichting van vennootschappen door inbreng, participatie, of investeringen
- Het oprichten, het besturen, het begeleiden, het deelnemen, het adviseren, en directie voeren over ondernemingen en vennootschappen
- Het toestaan van van leningen, zich borg stellen en onroerende goederen in pad geven of hypothekeren
- Het verstrekken van inlichtingen en adviseren verband houdende met het beheer, de mobiliën, de immobiliën voor eigen rekening, dit in de ruimste zin van het woord
- Het optreden als tussenpersoon in de handel
Accounting effect
01-07-2026
Other statement
Boekhoudkundige verwerking, De overgegane actief- en passiefbestanddelen van de overgenomen vennootschap, in de boekhouding van de overnemende vennootschap zull…
Kwijting aan bestuurders van de overgenomen vennootschap, De goedkeuring door de algemene vergadering van aandeelhouders van de overnemende vennootschap van de…
7 more provisions on this in the deed
Custody of records
Archief van de overgenomen vennootschap omvattende alle boeken en bescheiden die zij wettelijk verplicht is te houden en te bewaren
Power of attorney
One provision in the deed
Structure & network
Owners and holdings
1 owner · 1 holdingChain of control
- A.M. Consulting
- A.M.
Highest known parent: A.M. Consulting. The sources do not say who stands above it.
Owners 1
- A.M. Consultingparent100%
Holdings 1
-
33.33%
According to the 2025 annual accounts of A.M. and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTaken over by:Carnot N & W
Capital and shareholders
Shareholders according to the acts
Stated in the act
act of 21-09-2026 ↗
- Carnot N & W all shares
Stated in the act
act of 24-07-2026 ↗
- CARNOT N & W GCV (BE 0810.417.776) all shares · 100%
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.