A&M Logistics · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of A&M Logistics is 4.2% (elevated). The 2025 annual accounts show equity of €14k and a net result of €-12k. Equity is shrinking by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 83% of 2276 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

4.2% Elevated

0%0,5%1,5%4%10%≥25%

Higher-failure-rate sector +Young company +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

1 signal · with evidence

Strong solvency vs sector

Solvency is in the sector's strongest quartile: better than 83% of 2276 peers (2024). A comfortable equity buffer.

View the sector comparison

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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.

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.

How we compute the deadline

The year end is derived from 4 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	28-08-2026	28 d late	2026-00443937
31-12-2024	31-07-2025	07-08-2025	7 d late	2025-00364035
31-12-2023	31-07-2024	31-07-2024	on the day	2024-00312324
31-12-2022	31-07-2023	27-06-2023	34 d early	2023-00163457

Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2022, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (micro schema)

EBIT marginNot published (micro schema)

Net result€-12k-1645.9%

Working capital€14k-44.3%

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 28-08-2026 with the NBB · fiscal year 2025 · micro schema

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

declining Equity: declining trend of ~5.8%/year over 4 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 49, Land transport · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	63.5%	27.3%	better than 83% of 2276 sector peers
Net result	€-702	€5k	better than 29% of 2257 sector peers
Equity	€27k	€17k	better than 62% of 2281 sector peers
Gross operating margin	€84k	€28k	better than 75% of 2245 sector peers
Staff costs	€78k	€37k	higher than 68% of 1028 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P83

Stable position over 2022-2024 · n=1387-2276

Net result P29

Weakening position over 2022-2024 · n=1374-2257

Equity P62

Stable position over 2022-2024 · n=1396-2281

Gross operating margin P75

Stable position over 2022-2024 · n=1368-2245

Describes the position versus peers, not a forecast.

EBITDA

€-11k

- 22-25

Net profit

€-12k

-1645.9% 22-25

Cash flow

€-11k

- 22-25

Total assets

€40k

-4.8% 22-25

Equity

€14k

-45.8% 22-25

Working capital

€14k

-44.3% 22-25

Employees (FTE)

2

-13.0% 22-25

Staff costs

€72k

-8.0% 22-25

Show 10 other metrics

Income taxes

€175

-91.6% 22-25

Debt

€26k

+66.5% 22-25

Debt ≤ 1y

€26k

+66.5% 22-25

Current ratio

1.55

-41.4% 22-25

Quick ratio

1.55

-41.4% 22-25

Solvency

36.2%

-43.1% 22-25

Debt / equity

1.77

+207.2% 22-25

ROE

-84.5%

-3121.5% 22-25

ROA

-30.6%

-1734.4% 22-25

Interest coverage

-58.39

- 22-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	micro schema
Revenue	-
EBITDA	€-11k
Net profit	€-12k
Cash flow	€-11k
Staff costs	€72k
Income taxes	-
Dividends	-
Total assets	€40k
Equity	€14k
Debt	€26k
of which ≤ 1y	€26k
of which > 1y	-
Working capital	€14k
Employees (FTE)	2.0

Ratios (computed)

	2025
Current ratio	1.55
Quick ratio	1.55
Working capital ratio	35.1%
Solvency	36.2%
Debt / equity	1.77
Long-term debt ratio	-
Interest coverage	-58.39
Gross margin	-
Net margin	-
ROA	-30.6%
ROE	-84.5%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €428 · 1.1% Current assets €40k · 98.9%

Equity & liabilities

Equity €14k · 36.2% Debt €26k · 63.8%

Full annual accounts (20 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€40k
Fixed assets	21/28	€428
Tangible fixed assets	22/27	€428
Current assets	29/58	€40k
Amounts receivable within one year	40/41	€24k
Cash & bank	54/58	€12k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€40k
Equity	10/15	€14k
Contributions / capital	10/11	€10k
Reserves	13	€4k
Amounts payable	17/49	€26k
Amounts payable within one year	42/48	€26k
Trade debts payable within one year	44	€12k
Income statement
Gross operating margin	9900	€63k
Operating result	9901	€-12k
Financial income	75	€58
Financial charges	65	€190
Result before taxes	9903	€-12k
Net result for the period	9904	€-12k
Result to be appropriated	9905	€-12k

This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

45 / 100 Fair

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Directors

Directors & mandates

no sitting director

3 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.

Former directors (1)

Bouazza Brahim
Director
State Gazette act 23037871 (16-03-2023)

Former
- → 27-02-2023

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary	Goederenvervoer over de weg(49410)
Legal form	Private limited company(610)
Incorporation	06-01-2022
Status	Active
Postal code	3600

Structure & network

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

Establishment units

1 location

A&M Logistics

Peerdsdiefweier 8, 3600 GenkOpslag

since 20222.326.519.264

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area792 m²

Buildings1

Building footprint85 m²

Volume (LiDAR)538 m³

Tallest building8.6 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71306G0215/00P120	Flanders	792 m²	1 · 85 m²	8.6 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 act

All acts · 1 updated 3 years ago

2023

16-03-2023 Bouazza Brahim resigns as director Director changes

Bouazza Brahim, Bestuurder

Original publication ↗

Analysis

Financial profile

5 of 5 axes measured

48 / 100

Mixed profile: strong on stability, weaker on profitability.

All 5 axes are computed from data Checked has read.

Health 45

Profitability 0

Solvency 69

Growth 32

Stability 94

Credit advice

verdict per customer and amount

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We hold annual accounts for 2,205 of the 12,469 companies in this sector. 1,880 of them are within a factor 10 of this company's equity.

See full sector →

Company registry

Company registry (CBE)

Crossroads Bank

Activities

Goederenvervoer over de weg49410Overige posterijen en koeriers53200Diensten in verband met vervoer te land52210

Primary activity highlighted.

Names & trade names

Legal nameNL

A&M Logistics

Registered office

Peerdsdiefweier 8

3600 Genk, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.