A.M.ELECTRONICS
ActiveSummary
A.M.ELECTRONICS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €629,394 and a net result of €200,850. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 81% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability98▲+4
Solvency97▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50,000 at 30 days acceptable
Liquidity ample (current ratio 4.25 against 5.23 in 2024; short-term debt: 17.5% and cash: 23.5% of total assets), and 27.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
72.1%
Return on assets
23%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 d early
2024
44 d early
2023
62 d early
2022
28 d early
2021
22 d late
2020
37 d early
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#5 company by equity in Tremelo, Construction sector
Equity
€629,394▼ 16.8%
2024 · €756,274
Total assets
€872,349▼ 6.0%
2024 · €927,650
Net result
€200,850▲ 8.4%
2024 · €185,344
Working capital
€495,180▼ 21.4%
2024 · €630,200
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€234,367▲ 58.9%€207,065▼ 11.6%€110,970▼ 46.4%€260,295▲ 135%€294,664▲ 13.2%
Net result€161,934▲ 52.8%€144,148▼ 11.0%€78,289▼ 45.7%€185,344▲ 137%€200,850▲ 8.4%
Equity€549,093▲ 6.2%€647,241▲ 17.9%€673,330▲ 4.0%€756,274▲ 12.3%€629,394▼ 16.8%
Total assets€799,320▲ 3.9%€875,392▲ 9.5%€803,913▼ 8.2%€927,650▲ 15.4%€872,349▼ 6.0%
Debt€250,227▼ 0.7%€228,151▼ 8.8%€130,583▼ 42.8%€171,376▲ 31.2%€242,955▲ 41.8%
Working capital€446,003▲ 5.1%€557,050▲ 24.9%€585,444▲ 5.1%€630,200▲ 7.6%€495,180▼ 21.4%
Staff (FTE)2=2.6▲ 30.0%3▲ 15.4%3=1▼ 66.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 13% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €872,349
Fixed assets
€224,603 ▲ 51.3%
Current assets
€647,746 ▼ 16.9%
Equity and liabilities €872,349
Equity
€629,394 ▼ 16.8%
Debt
€242,955 ▲ 41.8%
Debt's share of the balance-sheet total rises from 18.5% to 27.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€378,345▲
2024 · €310,964
Cash flow
€284,532▲
2024 · €236,013
Current ratio
4.25▼
2024 · 5.23
Quick ratio
4.04▼
2024 · 5.10
Debt to equity
0.39▲
2024 · 0.23
ROE
31.9%▲
2024 · 24.5%
ROA
23.0%▲
2024 · 20.0%
Interest coverage
56.31▼
2024 · 106.86
Debt ≤ 1 year
€152,566▲
2024 · €148,980
Debt > 1 year
€90,389▲
2024 · €22,379
Income taxes
€91,239▲
2024 · €84,564
Staff costs
€76,360▼
2024 · €219,619
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 | - | €2,400 | €22,278 | €14,876 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | €127,738 | €167,186 | €202,819 | €219,619 | €76,360 | ▼ 65.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €64,852 | €64,005 | €56,990 | €50,669 | €83,682 | ▲ 65.2% |
| Other operating charges640/8 | €1,398 | €1,788 | €1,139 | €1,946 | €1,586 | ▼ 18.5% |
| Non-recurring operating charges66A | - | - | €1,138 | €731 | €0 | ▼ 100% |
| Gross operating margin9900 | €428,355 | €440,044 | €373,056 | €533,260 | €456,291 | ▼ 14.4% |
| Operating profit (loss)9901 | €234,367 | €207,065 | €110,970 | €260,295 | €294,664 | ▲ 13.2% |
| Financial income75/76B | €836 | €2,801 | €242 | €12,523 | €4,144 | ▼ 66.9% |
| Recurring financial income75 | €836 | €2,801 | €242 | €12,523 | €4,144 | ▼ 66.9% |
| Financial charges65/66B | €1,797 | €1,775 | €1,975 | €2,910 | €6,719 | ▲ 131% |
| Recurring financial charges65 | €1,797 | €1,775 | €1,975 | €2,910 | €6,719 | ▲ 131% |
| Profit (loss) for the period before taxes9903 | €233,406 | €208,091 | €109,238 | €269,908 | €292,089 | ▲ 8.2% |
| Income taxes67/77 | €71,472 | €63,942 | €30,949 | €84,564 | €91,239 | ▲ 7.9% |
| Profit (loss) for the period9904 | €161,934 | €144,148 | €78,289 | €185,344 | €200,850 | ▲ 8.4% |
| Profit (loss) for the period to be appropriated9905 | €161,934 | €144,148 | €78,289 | €185,344 | €200,850 | ▲ 8.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €799,320 | €875,392 | €803,913 | €927,650 | €872,349 | ▼ 6.0% |
| Fixed assets21/28 | €192,328 | €130,698 | €98,580 | €148,469 | €224,603 | ▲ 51.3% |
| Intangible fixed assets21 | €1,243 | €737 | €231 | €0 | - | - |
| Tangible fixed assets22/27 | €191,086 | €129,961 | €98,349 | €148,469 | €224,603 | ▲ 51.3% |
| Plant, machinery and equipment23 | €18,110 | €14,095 | €9,946 | €5,622 | €5,796 | ▲ 3.1% |
| Furniture and vehicles24 | €172,975 | €115,866 | €88,403 | €138,369 | €214,806 | ▲ 55.2% |
| Other tangible fixed assets26 | - | - | - | €4,478 | €4,001 | ▼ 10.7% |
| Current assets29/58 | €606,991 | €744,694 | €705,333 | €779,181 | €647,746 | ▼ 16.9% |
| Stocks and contracts in progress3 | €88,233 | €102,274 | €8,547 | €20,064 | €30,691 | ▲ 53.0% |
| Stocks30/36 | €13,116 | €52,750 | €8,547 | €20,064 | €30,691 | ▲ 53.0% |
| Contracts in progress37 | €75,117 | €49,524 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €149,035 | €230,337 | €216,604 | €184,547 | €144,974 | ▼ 21.4% |
| Trade receivables40 | €105,788 | €198,650 | €210,287 | €173,312 | €118,861 | ▼ 31.4% |
| Other amounts receivable41 | €43,247 | €31,687 | €6,317 | €11,235 | €26,113 | ▲ 132% |
| Current investments50/53 | - | - | - | - | €250,000 | - |
| Cash at bank and in hand54/58 | €359,356 | €404,021 | €453,492 | €555,943 | €205,097 | ▼ 63.1% |
| Deferred charges and accrued income490/1 | €10,366 | €8,062 | €26,691 | €18,628 | €16,984 | ▼ 8.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €799,320 | €875,392 | €803,913 | €927,650 | €872,349 | ▼ 6.0% |
| Equity10/15 | €549,093 | €647,241 | €673,330 | €756,274 | €629,394 | ▼ 16.8% |
| Contributions10/11 | €18,600 | €18,600 | €1,860 | €1,860 | €1,860 | = |
| Reserves13 | €520,410 | €618,558 | €661,387 | €754,414 | €627,534 | ▼ 16.8% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | €518,550 | €616,698 | €661,387 | €754,414 | €627,534 | ▼ 16.8% |
| Profit (loss) carried forward14 | €10,083 | €10,083 | €10,083 | €0 | €0 | - |
| Amounts payable17/49 | €250,227 | €228,151 | €130,583 | €171,376 | €242,955 | ▲ 41.8% |
| Amounts payable after more than one year17 | €89,239 | €39,680 | €10,694 | €22,379 | €90,389 | ▲ 304% |
| Financial debts170/4 | €89,239 | €39,680 | €10,694 | €22,379 | €90,389 | ▲ 304% |
| Amounts payable within one year42/48 | €160,988 | €187,644 | €119,890 | €148,980 | €152,566 | ▲ 2.4% |
| Current portion of amounts payable after more than one year42 | €49,080 | €49,559 | €28,986 | €20,449 | €44,327 | ▲ 117% |
| Trade debts44 | €90,376 | €113,492 | €69,239 | €82,860 | €45,660 | ▼ 44.9% |
| Suppliers440/4 | €90,376 | €113,492 | €69,239 | €82,860 | €45,660 | ▼ 44.9% |
| Taxes, remuneration and social security45 | €8,589 | €14,576 | €14,465 | €41,250 | €62,579 | ▲ 51.7% |
| Taxes450/3 | €547 | €5,872 | €10,250 | €23,574 | €58,566 | ▲ 148% |
| Remuneration and social security454/9 | €8,042 | €8,704 | €4,215 | €17,676 | €4,013 | ▼ 77.3% |
| Other amounts payable47/48 | €12,944 | €10,018 | €7,199 | €4,421 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €826 | €0 | €17 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €161,934 | €144,148 | €78,289 | €185,344 | €200,850 | ▲ 8.4% |
| + Depreciation and write-downs630 | €64,852 | €64,005 | €56,990 | €50,669 | €83,682 | ▲ 65.2% |
| Operating cash flow (approximation) | €226,786 | €208,153 | €135,278 | €236,013 | €284,532 | ▲ 20.6% |
| Investment in fixed assets (approximation) | - | -€2,375 | -€24,871 | -€100,558 | -€159,816 | ▼ 58.9% |
| Change in cash | - | €44,664 | €49,471 | €102,451 | -€350,845 | ▼ 442% |
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
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €200,850 ▲8.4%
Operating result €294,664, net result €200,850, both a record.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 22 days late
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €500,000Eq €517,159 ▲25.8%
3 profitable years in a row build equity to €517,159.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €59,827 ▼41.6%
Net result drops to €59,827, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · 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, Tremelo · 1 establishment unit since 2007
Ground area
2,687 m²
Building footprint
493 m²
Volume, LiDAR
2,495 m³
2 parcels, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Van Espenstraat 34, 3120 Tremelo
since 20072.167.399.078
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24109C0364/00B003 | Flanders | 1,466 m² | 1 · 284 m² | 6.5 m · 1 fl. |
| 24109C0364/00T002 | Flanders | 1,221 m² | 1 · 209 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
699400Y9ZEME9IUKHQ58
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Of 1,124 companies in sector 43212 we hold annual accounts for 420. 231 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
Founded07-11-2007
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43212Electrical installation work in industrial facilities
Scores and ratios are computed by Checked and are not a credit decision.