A & M CONSTRUCT
ActiveSummary
A & M CONSTRUCT has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €46,589 and a net result of €4,039. Equity is growing by about 4.6% per year across the filed financial years. Its solvency ranks better than 85% of 38 sector peers (NACE 25, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €46,589
- Profit
- €4,039
- ALBU AdrianDirector
Why 96raises riskSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskLiquidity: current ratio 2.91, cash €37,795Equity €46,589 (71.7% of total assets)Founded in 2010Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, micro): better than 76% on solvency, 86% on liquidity, 54% on profitability and 58% on growth.
The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 5 days before the deadline; the sector median (NACE 25) for financial year 2024 is 8 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2026 · micro…
- Liquidity triplescurrent ratio 2.91
- Annual accounts filedfinancial year 2025 · micro…
Financials · financial year 2026, micro format
2022 to 2026, 5 financial years 2019 to 2026, 8 financial years
After the dip in 2024 the operating result has climbed two years in a row; 2026 is 94% above 2025.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 34,695 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,695 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,591 | €15,596 | €13,169 | €45,927 | €53,004 | €53,004 | €50,333 | €44,486 | ▼ 11.6% |
| Other operating charges640/8 | - | - | - | €1,205 | €1,009 | €1,118 | €944 | €1,090 | ▲ 15.4% |
| Gross operating margin9900 | €19,060 | €52,032 | €20,996 | €56,410 | €58,506 | €50,916 | €54,469 | €51,782 | ▼ 4.9% |
| Operating profit (loss)9901 | €4,950 | €35,154 | €6,690 | €9,278 | €4,493 | -€3,206 | €3,191 | €6,206 | ▲ 94.5% |
| Financial income75/76B | - | - | - | €35 | €0 | €34 | €70 | €89 | ▲ 28.4% |
| Recurring financial income75 | €2 | €1 | €5 | €35 | €0 | €34 | €70 | €89 | ▲ 28.4% |
| Financial charges65/66B | - | - | - | €4,757 | €3,445 | €2,037 | €1,351 | €628 | ▼ 53.5% |
| Recurring financial charges65 | €2,512 | €2,126 | €2,523 | €4,757 | €3,445 | €2,037 | €1,351 | €628 | ▼ 53.5% |
| Profit (loss) for the period before taxes9903 | €2,441 | €33,029 | €4,172 | €4,555 | €1,048 | -€5,210 | €1,909 | €5,667 | ▲ 197% |
| Income taxes67/77 | €551 | €7,465 | €120 | €118 | €239 | - | - | €1,628 | - |
| Profit (loss) for the period9904 | €1,890 | €25,564 | €4,051 | €4,438 | €809 | -€5,210 | €1,909 | €4,039 | ▲ 112% |
| Profit (loss) for the period to be appropriated9905 | €1,890 | €25,564 | €4,051 | €4,438 | €809 | -€5,210 | €1,909 | €4,039 | ▲ 112% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €68,023 | €94,456 | €102,577 | €224,245 | €187,254 | €135,735 | €99,415 | €64,941 | ▼ 34.7% |
| Fixed assets21/28 | €26,452 | €24,201 | €55,422 | €199,485 | €148,152 | €98,220 | €51,455 | €11,562 | ▼ 77.5% |
| Tangible fixed assets22/27 | €26,246 | €23,995 | €55,216 | €199,329 | €147,996 | €98,064 | €51,299 | €11,406 | ▼ 77.8% |
| Plant, machinery and equipment23 | - | - | - | €1,192 | €917 | €1,934 | €2,485 | €1,358 | ▼ 45.3% |
| Furniture and vehicles24 | - | - | - | €103,441 | €74,664 | €45,996 | €20,963 | €4,478 | ▼ 78.6% |
| Leasing and similar rights25 | - | - | - | €94,697 | €72,415 | €50,134 | €27,852 | €5,570 | ▼ 80.0% |
| Financial fixed assets28 | €206 | €206 | €206 | €156 | €156 | €156 | €156 | €156 | = |
| Current assets29/58 | €41,571 | €70,256 | €47,155 | €24,760 | €39,102 | €37,515 | €47,960 | €53,379 | ▲ 11.3% |
| Stocks and contracts in progress3 | - | - | - | €3,200 | - | €4,000 | - | - | - |
| Contracts in progress37 | - | - | - | €3,200 | - | €4,000 | - | - | - |
| Amounts receivable within one year40/41 | €15,917 | €5,340 | €22,909 | €6,379 | €9,763 | €12,983 | €13,797 | €11,101 | ▼ 19.5% |
| Trade receivables40 | - | - | - | €2,276 | €7,450 | €9,774 | €10,407 | €5,650 | ▼ 45.7% |
| Other amounts receivable41 | - | - | - | €4,103 | €2,313 | €3,209 | €3,390 | €5,451 | ▲ 60.8% |
| Cash at bank and in hand54/58 | €23,892 | €63,360 | €21,261 | €12,820 | €24,916 | €17,618 | €31,223 | €37,795 | ▲ 21.0% |
| Deferred charges and accrued income490/1 | - | - | - | €2,360 | €4,422 | €2,914 | €2,940 | €4,483 | ▲ 52.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €68,023 | €94,456 | €102,577 | €224,245 | €187,254 | €135,735 | €99,415 | €64,941 | ▼ 34.7% |
| Equity10/15 | €30,989 | €36,554 | €40,605 | €45,042 | €45,851 | €40,641 | €42,550 | €46,589 | ▲ 9.5% |
| Contributions10/11 | €18,600 | - | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €10,529 | €16,094 | €20,145 | €24,582 | €25,391 | €20,181 | €22,090 | €26,129 | ▲ 18.3% |
| Amounts payable17/49 | €37,034 | €57,903 | €61,972 | €179,202 | €141,403 | €95,093 | €56,864 | €18,352 | ▼ 67.7% |
| Amounts payable after more than one year17 | €12,238 | €2,474 | €35,248 | €131,901 | €90,614 | €46,692 | €7,386 | - | - |
| Financial debts170/4 | - | - | - | €131,901 | €90,614 | €46,692 | €7,386 | - | - |
| Amounts payable within one year42/48 | €24,796 | €55,376 | €26,724 | €47,301 | €50,789 | €48,401 | €49,479 | €18,352 | ▼ 62.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €41,664 | €41,288 | €42,921 | €39,306 | €7,386 | ▼ 81.2% |
| Financial debts43 | - | - | - | €10 | €10 | €10 | - | - | - |
| Credit institutions430/8 | - | - | - | €10 | €10 | €10 | - | - | - |
| Trade debts44 | €678 | €4,143 | €8,842 | €2,310 | €9,252 | €3,508 | €1,112 | €3,393 | ▲ 205% |
| Suppliers440/4 | - | - | - | €2,310 | €9,252 | €3,508 | €1,112 | €3,393 | ▲ 205% |
| Advances received on contracts in progress46 | - | - | - | €3,200 | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €118 | €239 | - | €3,802 | €1,628 | ▼ 57.2% |
| Taxes450/3 | - | - | - | €118 | €239 | - | - | €1,628 | - |
| Remuneration and social security454/9 | - | - | - | - | - | - | €3,802 | - | - |
| Other amounts payable47/48 | - | - | - | - | - | €1,962 | €5,259 | €5,944 | ▲ 13.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,890 | €25,564 | €4,051 | €4,438 | €809 | -€5,210 | €1,909 | €4,039 | ▲ 112% |
| + Depreciation and write-downs630 | €13,591 | €15,596 | €13,169 | €45,927 | €53,004 | €53,004 | €50,333 | €44,486 | ▼ 11.6% |
| Operating cash flow (approximation) | €15,481 | €41,161 | €17,220 | €50,364 | €53,813 | €47,794 | €52,242 | €48,525 | ▼ 7.1% |
| Investment in fixed assets (approximation) | - | -€13,345 | -€44,390 | -€189,990 | -€1,671 | -€3,072 | -€3,568 | -€4,593 | ▼ 28.7% |
| Change in cash | - | €39,467 | -€42,099 | -€8,440 | €12,096 | -€7,298 | €13,605 | €6,572 | ▼ 51.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2026 | micro format | 30-09-2026 | 2026-00534517 |
| 31-03-2025 | micro format | 30-10-2025 | 2025-00553614 |
| 31-03-2024 | micro format | 31-10-2024 | 2024-00523107 |
| 31-03-2023 | micro format | 31-10-2023 | 2023-00499923 |
| 31-03-2022 | micro format | 31-10-2022 | 2022-20484341 |
| 31-03-2021 | micro format | 31-10-2021 | 2021-75600302 |
| 31-03-2020 | micro format | 31-10-2020 | 2020-68300150 |
| 31-03-2019 | micro format | 31-10-2019 | 2019-72400306 |
| 31-03-2018 | micro format | 31-10-2018 | 2018-71700150 |
| 31-03-2017 | micro format | 28-11-2017 | 2017-70500325 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| ALBU Adrian |
|
Owners and capital
Capital and shareholders
- ALBU Adrian 90 shares
- ALBU Maria 30 shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 20-07-2023 Converted to unavailable equity · €18,600
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
20-07
Gazette deed
Resignation: ALBU Adrian (manager)Reappointment: ALBU Adrian (director) · Shareholding · Capital14 facts ▸
- General meeting, 11-07-2023
- Shareholding, 11-07-2023, 90
- Shareholding, 11-07-2023, 30
- Other provision, “intégralité des capitaux propres”, 2 (deed in French)
- Capital
- Amendment of the articles (2 times)
- Reserve release, “formes et majorités de la modification des statuts, suppression du compte de capitaux propres statutairement indisponible créé en application de l'article 39,§2…” (deed in French)
- Director resignation, ALBU Adrian (manager)
- Director discharge, ALBU Adrian
- Director reappointment, ALBU Adrian (director (not named in the articles))
- Registered office clause, “5032 Gembloux (Isnes), rue Saucin”, 86 (deed in French)
- Power of attorney
- +2 further facts in this act
Show earlier events
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0827.598.060
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 92065B0043/00H000 | Wallonia | 642 m² | 1 · 93 m² | 10.1 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La fabrication,l'installation,la rénovation,l'entretien,la réparation ainsi que la motorisation des portails,portillons,grillages et…” (deed in French)
9 activities (deed in French)
- La fabrication,l'installation,la rénovation,l'entretien,la réparation ainsi que la motorisation des portails,portillons,grillages et clôtures dans tous matériaux
- L'étude et la réalisation de tous travaux de plafonnage,de construction,publics et privés,en qualité d'entrepreneur général ou en sous-traitance,la conception et la construction de tous bâtiments et édifices,d'entrepreneur général ou en sous-traitance,la conception et la construction de tous bâtiments et édifices,l'étude et la réalisation de décorations tant intérieures qu'extérieures,le nettoyage de chantiers et d'immeubles
- Toutes opérations se rapportant directement ou indirectement à l'entretien,la rénovation,les travaux de réparations,d'embellissements,de renouvellement et de modernisation,et la maintenance de tous types d'ouvrages d'art,de parcs et de jardins,de biens immeubles et plus généralement toutes opérations se rapportant directement ou indirectement aux secteurs des travaux publics et privés et du bâtiment
- La prise en considération de tous travaux concernant le chauffage,la peinture,le carrelage,l'étanchéité,la menuiserie,la distribution de l'eau,du gaz,de l'électricité,etc.
- L'achat,la vente,la location,l'importation,l'exportation de tous matériaux,marchandises,appareils et outillage nécessaires aux travaux de construction,d'entretien,de maintenance,de réparation
- En vue de ses opérations,acquérir,créer,louer,donner en location,exploiter et vendre tous immeubles,usines,magasins établissements,matériel,moteurs et machines jugés nécessaire ou utiles à la réalisation de son objet social,acheter,prendre,mettre en valeur,exploiter ou céder tous brevets d'invention,licences,procédés et secrets de fabrication ainsi que toutes marques de fabriques
- Faire toutes opérations commerciales,industrielles et financières,immobilières et mobilières se rapportant directement ou indirectement à son objet social ou susceptibles de favoriser son développement
- Prendre le contrôle de sociétés affiliés ou filiales et leur prodiguer des avis
- S'intéresser directement ou indirectement dans tous affaires,entreprises,associations,institutions dont l'objet serait similaire ou connexe au sien ou simplement utile à l'extension de ses opérations ou à la réalisation de tout ou partie de son objet social
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- A & M CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, 2” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation, un ou plusieurs administrateurs” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “L'assemblée générale, prévues pour les modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “En vertu des présents statuts, si aucun autre liquidateur n'aurait été désigné” (deed in French)