A.MG FINITIONS
ActiveSummary
The computed 12-month bankruptcy probability of A.MG FINITIONS is 4.5% (elevated). The latest annual accounts of A.MG FINITIONS were filed more than 90 days after the deadline. The 2023 annual accounts show equity of €3k and a net result of €-2k. Its solvency ranks better than 14% of 9008 sector peers (fiscal year 2023). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: Filed more than 90 days late
Axes, FY 2023
Profitability24
Solvency28
Growth-
Track record79
Bankruptcy probability, 12 months
4.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
2.9%
Return on assets
-2.4%
Age of the figures
33 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-03-2025, 243 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filingDeviation from the deadline
2023
243 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€3k
Total assets
€95k
Net result
€-2k
Working capital
€6k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €95k
Fixed assets
€89k
Current assets
€6k
Equity and liabilities €95k
Equity
€3k
Debt
€92k
Debt finances 97.1% of the balance-sheet total.
Key figures and ratios
EBITDA
€3k
Cash flow
€79
Current ratio
37.21
Debt to equity
33.51
ROE
-81.4%
ROA
-2.4%
Interest coverage
1.02
Debt ≤ 1 year
€160
Debt > 1 year
€90k
Filed annual accounts As filed with the NBB · 2023 · 30 lines
Balance sheet
Code2023
Assets
Total assets20/58€95k
Fixed assets21/28€89k
Tangible fixed assets22/27€89k
Land and buildings22€89k
Current assets29/58€6k
Amounts receivable within one year40/41€3k
Trade receivables40€3k
Other amounts receivable41€921
Cash at bank and in hand54/58€3k
Equity and liabilities
Total equity and liabilities10/49€95k
Equity10/15€3k
Contributions10/11€5k
Profit (loss) carried forward14€-2k
Amounts payable17/49€92k
Amounts payable after more than one year17€90k
Financial debts170/4€90k
Amounts payable within one year42/48€160
Trade debts44€160
Suppliers440/4€160
Accrued charges and deferred income492/3€3k
Income statement
Code2023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k
Other operating charges640/8€1k
Gross operating margin9900€5k
Operating profit (loss)9901€1k
Financial charges65/66B€3k
Recurring financial charges65€3k
Profit (loss) for the period before taxes9903€-2k
Profit (loss) for the period9904€-2k
Profit (loss) for the period to be appropriated9905€-2k
Appropriation of the result
Profit (loss) to be appropriated9906€-2k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 243 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Aalst · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Groeneweg 179320 AalstGround area
3,635 m²
Building footprint
798 m²
Volume, LiDAR
5,686 m³
Parcel 41342B0933/00H000, Flanders · tallest building 26.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
A.MG FINITIONS
since 20222.338.165.895
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41342B0933/00H000 | Flanders | 3,635 m² | 1 · 798 m² | 26.0 m · 2 fl. |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
SCHYNS JEAN-FRANCOIS
BE 1012.278.043
Sprimont · Eq €2,752
SCM CONSTRUCT
BE 0802.121.407
Sint-Pieters-Leeuw · Eq €2,751
HAVARD
BE 0870.750.390
Flémalle · Eq €2,763
GARAGE BAPTISTA ARNAUD
BE 0761.448.317
Chastre · Eq €2,747
Geerolf Filip
BE 0705.999.454
Tielt · Eq €2,743
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 4,330 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-11-2022
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43310Plastering work
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:amgfinitions@hotmail.com
Phone:+32496302895