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AM GROUP

Open bankruptcy
Private limited company (pre-2019)founded 2015KBO/BCE: BE 0633.960.326
Summary

A bankruptcy procedure is open for AM GROUP according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €27,511 and a net result of -€2,941.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Liège, Liège division
Declared bankrupt
17 February 2025
Supervising judge
Christian Pans
Official Gazette
21-02-2025 (pdf) ↗search the document for 2025/107545

Curators

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 15-08-2023, 15 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 · 5 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
15 d late
2021
31 d late
2018
133 d late
2017
59 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 60 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 20 July 2015, AM GROUP was incorporated.1 Total assets went from EUR 12,973 in 2018 to EUR 32,334 in 2022.2 The company was declared bankrupt on 17 February 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2022
  3. 3Belgian State Gazette, 21-02-2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2022, micro schema

Turnover
€30,979
EBIT margin
-8.0%
Net result
-€2,941
2021 · €84
Working capital
€27,511▼ 9.7%
2021 · €30,452
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line201820212022
Turnover€30,979-
Operating result-€2,489--€108--€3,094▼ 2,758%
Net result-€2,489-€84--€2,941
EBIT margin-8.0%-
Equity-€11,581-€30,452-€27,511▼ 9.7%
Total assets€12,973-€42,379-€32,334▼ 23.7%
Debt€24,554-€11,927-€4,823▼ 59.6%
Working capital-€13,014-€30,452-€27,511▼ 9.7%
Result per fiscal year
Operating resultNet result
-€4,000-€3,000-€2,000-€1,000€0Operating result 2018: -€2,489-€2,489Net result 2018: -€2,489-€2,489Operating result 2021: -€108-€108Net result 2021: €84€84Operating result 2022: -€3,094-€3,094Net result 2022: -€2,941-€2,941201820212022-€4,000-€3,000-€2,000-€1,000€0Operating result 2018: -€2,489-€2,490Net result 2018: -€2,489-€2,490Operating result 2021: -€108-€108Net result 2021: €84€84Operating result 2022: -€3,094-€3,090Net result 2022: -€2,941-€2,940201820212022
The operating result stays negative: a loss of €3,094 in 2022 against €108 in 2021; the loss grows and 2022 has the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Equity and liabilities €32,334
Equity €27,511 ▼ 9.7%
Debt €4,823 ▼ 59.6%
Debt's share of the balance-sheet total falls from 28.1% to 14.9%. Equity and debt are lower.
Key figures and ratios
2022 value · change against 2021
Current ratio
6.70▲
2021 · 3.55
Quick ratio
6.39▲
2021 · 3.44
Debt to equity
0.18▼
2021 · 0.39
ROE
-10.7%▼
2021 · 0.3%
ROA
-9.1%▼
2021 · 0.2%
Debt ≤ 1 year
€4,823▼
2021 · €11,927
Staff costs
€99
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 40 lines
Balance sheet Code20212022
Assets
Total assets20/58€42,379€32,334▼
Current assets29/58€42,379€32,334▼
Stocks and contracts in progress3€1,345€1,512▲
Stocks30/36€1,345€1,512▲
Amounts receivable within one year40/41€5,683€11,251▲
Trade receivables40€5,683-
Other amounts receivable41-€11,251
Cash at bank and in hand54/58€35,351€19,570▼
Equity and liabilities
Total equity and liabilities10/49€42,379€32,334▼
Equity10/15€30,452€27,511▼
Contributions10/11€6,200€6,200=
Outside capital11-€6,200
Share premium1100/10-€6,200
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Legal reserve130-€1,860
Reserves not available under the articles1311€1,860-
Profit (loss) carried forward14€22,392€19,451▼
Amounts payable17/49€11,927€4,823▼
Amounts payable within one year42/48€11,927€4,823▼
Trade debts44€1,525€2,172▲
Suppliers440/4€1,525€2,172▲
Taxes, remuneration and social security45€7,241€2,651▼
Taxes450/3€7,241€2,651▼
Other amounts payable47/48€3,161-
Income statement Code20212022
Remuneration, social security and pensions62-€99
Other operating charges640/8€100€505▲
Non-recurring operating charges66A-€62
Gross operating margin9900-€8-€2,428▼
Operating profit (loss)9901-€108-€3,094▼
Financial income75/76B€0€526▲
Recurring financial income75€0€526▲
Financial charges65/66B€62€373▲
Recurring financial charges65€62€373▲
Profit (loss) for the period before taxes9903-€170-€2,941▼
Income taxes67/77-€254-
Profit (loss) for the period9904€84-€2,941▼
Profit (loss) for the period to be appropriated9905€84-€2,941▼
Appropriation of the result
Profit (loss) to be appropriated9906€22,392€19,451▼
Profit (loss) brought forward from the previous period14P€22,309€22,392▲
Line201820212022Change
Turnover70€30,979---
Remuneration, social security and pensions62--€99-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€716---
Other operating charges640/8-€100€505▲ 405%
Non-recurring operating charges66A--€62-
Gross operating margin9900€399-€8-€2,428▼ 29,298%
Operating profit (loss)9901-€2,489-€108-€3,094▼ 2,758%
Financial income75/76B-€0€526▲ 876,433%
Recurring financial income75€0€0€526▲ 876,433%
Financial charges65/66B-€62€373▲ 501%
Recurring financial charges65-€62€373▲ 501%
Profit (loss) for the period before taxes9903-€2,489-€170-€2,941▼ 1,628%
Income taxes67/77€0-€254--
Profit (loss) for the period9904-€2,489€84-€2,941▼ 3,619%
Profit (loss) for the period to be appropriated9905-€2,489€84-€2,941▼ 3,619%
Line201820212022Change
Assets
Total assets20/58€12,973€42,379€32,334▼ 23.7%
Fixed assets21/28€1,433---
Tangible fixed assets22/27€1,433---
Current assets29/58€11,540€42,379€32,334▼ 23.7%
Stocks and contracts in progress3€4,080€1,345€1,512▲ 12.5%
Stocks30/36-€1,345€1,512▲ 12.5%
Amounts receivable within one year40/41€1,882€5,683€11,251▲ 98.0%
Trade receivables40-€5,683--
Other amounts receivable41--€11,251-
Cash at bank and in hand54/58€5,578€35,351€19,570▼ 44.6%
Equity and liabilities
Total equity and liabilities10/49€12,973€42,379€32,334▼ 23.7%
Equity10/15-€11,581€30,452€27,511▼ 9.7%
Contributions10/11-€6,200€6,200=
Outside capital11--€6,200-
Share premium1100/10--€6,200-
Reserves13-€1,860€1,860=
Non-distributable reserves130/1-€1,860€1,860=
Legal reserve130--€1,860-
Reserves not available under the articles1311-€1,860--
Profit (loss) carried forward14-€11,581€22,392€19,451▼ 13.1%
Amounts payable17/49€24,554€11,927€4,823▼ 59.6%
Amounts payable within one year42/48€24,554€11,927€4,823▼ 59.6%
Trade debts44€463€1,525€2,172▲ 42.4%
Suppliers440/4-€1,525€2,172▲ 42.4%
Taxes, remuneration and social security45-€7,241€2,651▼ 63.4%
Taxes450/3-€7,241€2,651▼ 63.4%
Other amounts payable47/48-€3,161--
Line201820212022Change
Profit (loss) for the period9904-€2,489€84-€2,941▼ 3,619%
+ Depreciation and write-downs630€716---
Operating cash flow (approximation)-€1,773€84-€2,941▼ 3,619%
Change in cash---€15,781-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
21-02
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Liège · event 17-02-2025
2023
15-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 15 days late
2022
31-12
Financial Weakest financial yearnet -€2,941
Net result drops to -€2,941, the lowest in the series.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Back to profitnet €84
Net result €84 after one loss-making year.
31-12
Financial Liquidity times 8current ratio 3.55
Current ratio from 0.47 to 3.55; short-term debt falls from €24,554 to €11,927.
2019
11-12
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 133 days late
2018
28-09
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 59 days late
28-09
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 424 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Grâce-Hollogne · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
318 m²
Building footprint
168 m²
Volume, LiDAR
1,437 m³
Parcel 62046A1547/00P005, Wallonia · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MELA'S CLOTHES
Retail sale of household textiles and bedding
since 20162.251.202.724
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62046A1547/00P005 Wallonia 318 m² 1 · 168 m² 10.9 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

2 mandates
Role Name Tenure
Curator DIDIER GRIGNARD
RUE DES CHAMPS 58, 4020 LIEGE 2
17-02-2025 → present
Curator JULIEN STOCKMAN
RUE DES CHAMPS, 58, 4020 LIEGE 2
17-02-2025 → present

Similar companies · same sector, comparable size

Of 12,956 companies in sector 47120 we hold annual accounts for 2,192. 1,451 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded20-07-2015
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.