Equity
€771,898 ▼ 11.2%
AJMAT paid out €182,927 in dividends. That is 214% of the 2025 profit.
AJMAT
Lifetime
20 annual accounts with figures on one time axis, 28 filings since 1998peak €817,305 (2009)
€605,720▼ 3.7%
lowest -€98,225 (2018)
€85,489▼ 34.9%
peak €912,759 (2016)
€771,898▼ 11.2%
€410,780▲ 40.3%
peak 10.9 FTE (2007)
7.6 FTEunchanged
Board3 names since 2020
2 directors and 1 other
Documentsfilings and deeds
26-05-202666 days before the deadline
2025financial year
Result from €131,242 to €85,489Dividend €182,927Debts from €292,756 to €410,780
Key points
from the 2025 annual accountsTurnover
≈ €1.4m estimated
The accounts state no turnover.
Staff
7.6 FTE from 10.9 in 2007
Between 2007 and 2025, 30% of the full-time equivalents disappeared.
Liquidity
2.76 was 6.14 in 2024
Short-term debts rose from €133,277 to €321,348.
Filings
28 annual accounts since 1998
The last five annual accounts were filed 26 to 66 days before the end of the period.
Position in the sector
€771,898
Less equity than 84% of companies in rubber and plastics. Sector median €6.2m · 159 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,356 companies had the same profile as AJMAT has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,356 companies, not a prediction for AJMAT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0460677843
3 directors reappointed
(managing director), and · General meeting of 04-05-2020 · Gazette deed
Capital decrease of €412,494.82 to €232,028.33
Capital from €644,523.15 to €232,028.33, 2,080 new shares · General meeting of 21-12-2017 · Gazette deed
First establishment
Allée des Plantains 17, Walcourt
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| AJMAT Walcourt | €1.3m | €0.6m | 60.8% | 7.6 |
| CO-JOINT Liège | €1.9m | €0.8m | 37.7% | 9 |
| DBS INVEST Sint-Pieters-Leeuw | €1.8m | €0.3m | 33.3% | 6 |
| FERRONNERIE DOBBELSTEIN DANNY Plombières | €0.9m | €0.4m | 19.6% | 5.5 |
| CHASSIS 2000 Blegny | €1.9m | €0.6m | 31.2% | 13.6 |
| BORALIT Aalter | €0.9m | €0.6m | 20.1% | 5.9 |
| MERY CHASSIS Esneux | €1.6m | €1.1m | 14.6% | 10.3 |
These companies have the same main activity as AJMAT: manufacture of rubber and plastic products (NACE 22240). They are comparable in size and age: total assets between €880,000 and €1.9m, founded between 1982 and 2006.
Official details
Source: KBO- Status
- Active since 21-05-1997Normal situation
- Activity
- Manufacture of rubber and plastic productsNACE 22240and 2 others
- Joint committees
- 111Metal, mechanical and electrical engineering
- 209White-collar workers in metal manufacturing · annual accounts 2025
- Establishment unit
- 2.081.966.4285650 Walcourt, since 28-05-1997
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Annual accounts 2025
- €1.3m▲ 1.6%
- Employeeson 31-12-2025
- 8▼ 11.1%
- Filing
- Filed on 26-05-2026, 66 days before the end of the filing period
Insights on AJMAT
AJMAT has existed since 1997. The gross margin grew from €456,488 in 2006 to €605,720 in 2025.
Solvency fell in 2025 from 69.7% to 60.8% because of the dividend.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about AJMAT
- What is the company number of AJMAT?
- The company number of AJMAT is 0460.677.843. The VAT number is the same number with BE in front: BE 0460.677.843.
- Where is AJMAT based?
- The registered office is at Allée des Plantains 17, 5650 Walcourt.Company details
- What does AJMAT do?
- According to the KBO register, the main activity is manufacture of rubber and plastic products (NACE 22240).
- What is the legal form of AJMAT?
- AJMAT is a public limited company (NV).
- When was AJMAT founded?
- AJMAT was founded on 21-05-1997.
- Is AJMAT still active?
- Yes, AJMAT is an active enterprise in the KBO register.
- How many employees does AJMAT have?
- AJMAT had an average of 7.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does AJMAT fall under?
- In its 2025 annual accounts, AJMAT states joint committees 111 (Metal, mechanical and electrical engineering) and 209 (White-collar workers in metal manufacturing).
- What is the turnover of AJMAT?
- The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €605,720 and 2,274 comparable companies of the same size. It probably lies between €860,000 and €2.4m. It is a rough estimate.
- Is AJMAT profitable?
- In financial year 2025, AJMAT made a profit of €85,489.
- Where can I find the annual accounts of AJMAT?
- AJMAT filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AJMAT due?
- AJMAT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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