AM DISTRIBUTION
ActiveSummary
AM DISTRIBUTION has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €903k and a net result of €94k. Equity is growing by ~35.2% per year across the filed fiscal years. Its solvency ranks better than 88% of 11322 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▼-16
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 15.89 against 18.08 in 2024; short-term debt: 5.3% and cash: 67.5% of total assets), and 11.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
88.6%
Return on assets
9.2%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-01-2025 was due by 31-08-2025 and was filed on 30-09-2025, 30 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
2026
not confirmed
2025
30 d late
2024
30 d late
2023
28 d late
2021
9 d late
2020
26 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, micro schema
Equity
€903k▲ 11.6%
2024 · €809k
2019: €162k
2020: €225k
2021: €297k
2023: €609k
2024: €809k
2019 → 2025
Total assets
€1.02M▲ 10.5%
2024 · €923k
2019: €415k
2020: €411k
2021: €447k
2023: €801k
2024: €923k
2019 → 2025
Net result
€94k▼ 53.2%
2024 · €201k
2019: €41k
2020: €75k
2021: €72k
2023: €352k
2024: €201k
2019 → 2025
Working capital
€812k▲ 13.9%
2024 · €713k
2019: €97k
2020: €162k
2021: €225k
2023: €524k
2024: €713k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Equity€225k-€297k▲ 32.2%€609k▲ 105%€809k▲ 33.0%€903k▲ 11.6%
Operating result€106k-€107k▲ 0.5%€527k▲ 393%€294k▼ 44.3%€127k▼ 56.9%
Net result€75k-€72k▼ 3.5%€352k▲ 386%€201k▼ 42.9%€94k▼ 53.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 57% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.02M
Fixed assets
€153k ▼ 9.2%
Current assets
€867k ▲ 14.8%
Equity and liabilities €1.02M
Equity
€903k ▲ 11.6%
Debt
€116k ▲ 2.3%
Debt's share of the balance-sheet total falls from 12.3% to 11.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€143k▼
2024 · €308k
Cash flow
€111k▼
2024 · €215k
Current ratio
15.89▼
2024 · 18.08
Debt to equity
0.13▼
2024 · 0.14
ROE
10.4%▼
2024 · 24.8%
ROA
9.2%▼
2024 · 21.7%
Interest coverage
74.37▼
2024 · 151.12
Debt ≤ 1 year
€55k▲
2024 · €42k
Debt > 1 year
€62k▼
2024 · €72k
Income taxes
€44k▼
2024 · €93k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€923k€1.02M▲
Fixed assets21/28€168k€153k▼
Tangible fixed assets22/27€168k€153k▼
Land and buildings22€130k€124k▼
Furniture and vehicles24€18k€11k▼
Other tangible fixed assets26€21k€18k▼
Current assets29/58€755k€867k▲
Amounts receivable after more than one year29€39k€39k=
Other amounts receivable291€39k€39k=
Amounts receivable within one year40/41€73k€10k▼
Trade receivables40€26k€192▼
Other amounts receivable41€47k€10k▼
Current investments50/53€250k€125k▼
Cash at bank and in hand54/58€387k€688k▲
Deferred charges and accrued income490/1€6k€5k▼
Equity and liabilities
Total equity and liabilities10/49€923k€1.02M▲
Equity10/15€809k€903k▲
Contributions10/11€19k€19k=
Reserves13€789k€882k▲
Tax-exempt reserves132€43k€43k=
Distributable reserves133€746k€840k▲
Profit (loss) carried forward14€2k€2k▲
Amounts payable17/49€114k€116k▲
Amounts payable after more than one year17€72k€62k▼
Financial debts170/4€72k€62k▼
Amounts payable within one year42/48€42k€55k▲
Current portion of amounts payable after more than one year42€11k€10k▼
Trade debts44€14k€16k▲
Suppliers440/4€14k€16k▲
Taxes, remuneration and social security45€16k€28k▲
Taxes450/3€16k€28k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€17k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€310k€146k▼
Operating profit (loss)9901€294k€127k▼
Financial income75/76B€2k€13k▲
Recurring financial income75€2k€13k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€294k€138k▼
Income taxes67/77€93k€44k▼
Profit (loss) for the period9904€201k€94k▼
Profit (loss) for the period to be appropriated9905€201k€94k▼
Appropriation of the result
Profit (loss) to be appropriated9906€203k€96k▼
Profit (loss) brought forward from the previous period14P€2k€2k▲
Transfer to equity691/2€201k€94k▼
To other reserves6921€201k€94k▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
31-01
Financial
Liquidity triplescurrent ratio 18.08
Current ratio from 5.80 to 18.08; short-term debt falls from €109k to €42k.
2023
28-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
31-01
Financial
Highest result since 2019net €352k ▲386%
Operating result €527k, net result €352k, both a record.
31-01
Financial
Equity above €500kEq €609k ▲105%
4 profitable years in a row build equity to €609k.
2022
09-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
30-06
Financial
Equity above €200kEq €225k ▲38.3%
2 profitable years in a row build equity to €225k.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
01-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 1 day late
2017
02-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 2 days late
2015
26-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Sint-Genesius-Rode · 2 establishment units since 2011
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.
Arthur Grumiauxlaan 41640 Sint-Genesius-RodeGround area
1,824 m²
Building footprint
588 m²
Volume, LiDAR
8,655 m³
2 parcels, Brussels, Flanders · tallest building 25.3 m, ±7 floors. Linked by address, not a title deed.
2 establishment units
Arthur Grumiauxlaan 4, 1640 Sint-Genesius-Rode
since 20112.199.371.664
Guido van Arezzoplein 17, 1180 Ukkel
since 20162.274.413.339
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22552F0011/00S002 | Flanders | 1,269 m² | 1 · 212 m² | 11.9 m · 1 fl. |
| 21612C0001/00R054 | Brussels | 554 m² | 1 · 376 m² | 25.3 m · 7 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
CLIMASTORE
BE 0471.715.750
Ans · Eq €906k
ESPACE FLAMMES
BE 0434.651.159
Erquelinnes · Eq €897k
DUJARDIN HOLDING
BE 0474.882.997
Huy · Eq €911k
FURNIVAN
BE 0872.677.326
Wevelgem · Eq €923k
ADAMS
BE 0461.370.305
Herselt · Eq €872k
Of 1,743 companies in sector 46150 we hold annual accounts for 757. 380 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
Founded19-04-2011
Fiscal year end31-01
Activities, NACEBEL 2025
46150Agents in the wholesale of furniture, household goods and hardware
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.