A@M
BankruptcySummary
The KBO register records for A@M the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show equity of €24,020 and a net result of €3,647.
Are you a creditor?
Open bankruptcy
Source: KBO register
The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.
The procedure
The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
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General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 29-10-2021, 90 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
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
90 d late
2019
69 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 80 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check How is the Manufacture of metal structures and parts of structures sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2020, micro schema
Equity
€24,020▲ 17.9%
2019 · €20,373
Total assets
€124,321▲ 8.6%
2019 · €114,514
Net result
€3,647▲ 20,435%
2019 · €18
Working capital
-€12,966▲ 34.5%
2019 · -€19,784
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
Line201820192020
Operating result€35,065-€5,543▼ 84.2%€10,134▲ 82.8%
Net result€32,833-€18▼ 99.9%€3,647▲ 20,435%
Equity€20,355-€20,373▲ 0.1%€24,020▲ 17.9%
Total assets€69,248-€114,514▲ 65.4%€124,321▲ 8.6%
Debt€48,893-€94,141▲ 92.5%€100,301▲ 6.5%
Working capital€6,627--€19,784-€12,966▲ 34.5%
Staff (FTE)1.11▼ 9.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2020; 2020 is 83% above 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €124,321
Fixed assets
€38,969 ▼ 13.4%
Current assets
€85,352 ▲ 22.8%
Equity and liabilities €124,321
Equity
€24,020 ▲ 17.9%
Debt
€100,301 ▲ 6.5%
Debt's share of the balance-sheet total falls from 82.2% to 80.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16,520▲
2019 · €13,821
Cash flow
€10,033▲
2019 · €8,296
Current ratio
0.87▲
2019 · 0.78
Quick ratio
0.32▲
2019 · 0.22
Debt to equity
0.04▼
2019 · 0.21
ROE
15.2%▲
2019 · 0.1%
ROA
2.9%▲
2019 · 0.0%
Debt ≤ 1 year
€98,318▲
2019 · €89,309
Debt > 1 year
€1,066▼
2019 · €4,226
Income taxes
€50▼
2019 · €70
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,071 | €8,278 | €6,386 | ▼ 22.9% |
| Gross operating margin9900 | €49,287 | €56,846 | €38,326 | ▼ 32.6% |
| Operating profit (loss)9901 | €35,065 | €5,543 | €10,134 | ▲ 82.8% |
| Recurring financial income75 | €0 | €136 | €4 | ▼ 96.7% |
| Recurring financial charges65 | €2,232 | €5,591 | €6,441 | ▲ 15.2% |
| Profit (loss) for the period before taxes9903 | €32,833 | €88 | €3,697 | ▲ 4,097% |
| Income taxes67/77 | - | €70 | €50 | ▼ 29.5% |
| Profit (loss) for the period9904 | €32,833 | €18 | €3,647 | ▲ 20,435% |
| Profit (loss) for the period to be appropriated9905 | €32,833 | €18 | -€5,153 | ▼ 29,115% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €69,248 | €114,514 | €124,321 | ▲ 8.6% |
| Fixed assets21/28 | €15,106 | €44,988 | €38,969 | ▼ 13.4% |
| Tangible fixed assets22/27 | €14,106 | €43,988 | €37,969 | ▼ 13.7% |
| Financial fixed assets28 | €1,000 | €1,000 | €1,000 | = |
| Current assets29/58 | €54,142 | €69,526 | €85,352 | ▲ 22.8% |
| Stocks and contracts in progress3 | €42,500 | €49,650 | €53,650 | ▲ 8.1% |
| Amounts receivable within one year40/41 | €10,687 | €14,207 | €26,757 | ▲ 88.3% |
| Cash at bank and in hand54/58 | €955 | €4 | €15 | ▲ 272% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €69,248 | €114,514 | €124,321 | ▲ 8.6% |
| Equity10/15 | €20,355 | €20,373 | €24,020 | ▲ 17.9% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €14,195 | €14,195 | €22,995 | ▲ 62.0% |
| Profit (loss) carried forward14 | -€40 | -€22 | -€5,175 | ▼ 23,627% |
| Amounts payable17/49 | €48,893 | €94,141 | €100,301 | ▲ 6.5% |
| Amounts payable after more than one year17 | - | €4,226 | €1,066 | ▼ 74.8% |
| Amounts payable within one year42/48 | €47,515 | €89,309 | €98,318 | ▲ 10.1% |
| Trade debts44 | €8,051 | €24,200 | €42,253 | ▲ 74.6% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €32,833 | €18 | €3,647 | ▲ 20,435% |
| + Depreciation and write-downs630 | €9,071 | €8,278 | €6,386 | ▼ 22.9% |
| Operating cash flow (approximation) | €41,904 | €8,296 | €10,033 | ▲ 20.9% |
| Investment in fixed assets (approximation) | - | -€38,160 | -€367 | ▲ 99.0% |
| Change in cash | - | -€951 | €11 | ▲ 101% |
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
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
31-12
Financial
Weakest financial yearnet €18 ▼99.9%
Net result drops to €18, the lowest in the series.
11-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 42 days late
2018
18-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 49 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
2016
12-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 12 days late
2015
31-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
25-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
05-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
25-06
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kortemark · 1 establishment unit since 2011
Ground area
876 m²
Building footprint
103 m²
Volume, LiDAR
568 m³
Parcel 32011C1098/00S000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Establishment
since 20112.197.907.459
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32011C1098/00S000 | Flanders | 876 m² | 1 · 103 m² | 8.4 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.
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Of 3,983 companies in sector 25110 we hold annual accounts for 2,145. 1,116 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded31-01-2011
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
25639Manufacture of fabricated metal products, except machinery and equipment
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Scores and ratios are computed by Checked and are not a credit decision.