AM-D MANAGEMENT
ActiveAM-D MANAGEMENT has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €208k and a net result of €47k. Equity is growing by ~23.8% per year across the filed fiscal years. Its solvency ranks better than 90% of 12642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability94=
Solvency100=
Growth60=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 11.32 against 6.18 in 2024; short-term debt: 8.8% and cash: 7.1% of total assets), and 9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
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
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
91%
Return on assets
20.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-08-2026, 23 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.
NBB · 10 filingsDeviation from the deadline
2025
23 d late
2024
15 d late
2022
169 d late
2021
92 d late
2019
100 d late
2018
31 d late
2017
19 d late
← before the deadline
after the deadline →
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€56k▼ 2.4%
2021 · €57k
2021: €57k
2021 → 2022
EBIT margin
84.3%▲ 10.9pp
2021 · 73.4%
2021: 73.4%
2021 → 2022
Net result
€47k▲ 18.1%
2024 · €39k
2018: €5k
2019: €3k
2021: €27k
2022: €22k
2024: €39k
2018 → 2025
Working capital
€209k▲ 28.1%
2024 · €163k
2018: €25k
2019: €33k
2021: €80k
2022: €114k
2024: €163k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192021202220242025Trend
Turnover€57k€56k▼ 2.4%
Equity€51k-€92k▲ 79.0%€114k▲ 23.9%€162k▲ 42.4%€208k▲ 28.8%
Operating result€6k-€42k▲ 579%€47k▲ 12.1%€59k▲ 26.7%€68k▲ 15.1%
Net result€3k-€27k▲ 839%€22k▼ 19.9%€39k▲ 80.0%€47k▲ 18.1%
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 15% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €229k
Equity
€208k▲ 28.8%
Debt
€21k▼ 37.0%
The debt ratio falls from 16.8% to 9.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€69k▲
2024 · €60k
Cash flow
€47k▲
2024 · €40k
Solvency
91.0%▲
2024 · 83.2%
Current ratio
11.32▲
2024 · 6.18
Quick ratio
11.32▲
2024 · 6.18
Debt / equity
0.10▼
2024 · 0.20
ROE
22.3%▼
2024 · 24.4%
ROA
20.3%▲
2024 · 20.3%
Interest coverage
692.79▲
2024 · 278.52
Debt
€21k▼
2024 · €33k
Debt ≤ 1 year
€20k▼
2024 · €31k
Income taxes
€22k▲
2024 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€195k€229k▲
Fixed assets21/28€134€0▼
Tangible fixed assets22/27€134€0▼
Furniture and vehicles24€134€0▼
Current assets29/58€195k€229k▲
Amounts receivable after more than one year29€117k€117k=
Other amounts receivable291€117k€117k=
Amounts receivable within one year40/41€71k€90k▲
Other amounts receivable41€71k€90k▲
Cash at bank and in hand54/58€2k€16k▲
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€195k€229k▲
Equity10/15€162k€208k▲
Contributions10/11€19k€19k=
Reserves13€143k€190k▲
Distributable reserves133€143k€190k▲
Amounts payable17/49€33k€21k▼
Amounts payable within one year42/48€31k€20k▼
Taxes, remuneration and social security45€31k€20k▼
Taxes450/3€31k€20k▼
Accrued charges and deferred income492/3€1k€400▼
Income statement
Code20242025
Non-recurring operating income76A-€5k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€306€134▼
Other operating charges640/8€1k€80▼
Gross operating margin9900€61k€69k▲
Operating profit (loss)9901€59k€68k▲
Financial charges65/66B€215€99▼
Recurring financial charges65€215€99▼
Profit (loss) for the period before taxes9903€59k€68k▲
Income taxes67/77€20k€22k▲
Profit (loss) for the period9904€39k€47k▲
Profit (loss) for the period to be appropriated9905€39k€47k▲
Appropriation of the result
Profit (loss) to be appropriated9906€39k€47k▲
Transfer from equity791/2€29k-
Transfer to equity691/2€39k€47k▲
To other reserves6921€39k€47k▲
Profit to be distributed694/7€29k-
Directors or managers695€29k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 23 days late
2025
31-12
Financial
Highest result since 2018net €47k ▲18.1%
Operating result €68k, net result €47k, both a record.
31-12
Financial
Equity above €200kEq €208k ▲28.8%
6 profitable years in a row build equity to €208k.
15-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 15 days late
2024
31-12
Financial
Equity above €150kEq €162k ▲42.4%
5 profitable years in a row build equity to €162k.
16-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 169 days late
2022
31-12
Financial
Equity above €100kEq €114k ▲23.9%
4 profitable years in a row build equity to €114k.
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2020
08-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 100 days late
2019
31-12
Financial
Weakest financial yearnet €3k ▼38.6%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 31 days late
2018
19-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 19 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Charleroi · 1 establishment unit since 2004
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.
Rue de la Villette 106001 CharleroiGround area
644 m²
Building footprint
334 m²
Volume, LiDAR
5,678 m³
2 parcels, Wallonia · tallest building 20.0 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
V.I.P. KIDS
since 20042.143.916.269
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52045A0265/00T044 | Wallonia | 543 m² | 1 · 288 m² | 20.0 m · 6 fl. |
| 52012A0797/00B000 | Wallonia | 101 m² | 1 · 46 m² | 13.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
FINANCIAL LINK INVEST
BE 0848.872.338
Overijse · Eq €209k
ACE CONSULT
BE 0713.571.689
Stekene · Eq €207k
ACIER TREMPE
BE 0451.674.758
Namur · Eq €212k
Tax-Minded
BE 1000.241.432
Londerzeel · Eq €204k
MARKETISE
BE 0860.589.443
Overijse · Eq €214k
Of 2,265 companies in sector 69209 we hold annual accounts for 1,097. 828 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-12-2004
Fiscal year end31-12
Activities, NACEBEL
69202Legal and accounting activities
69209Other tax advisory services
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.