AM Immobilier
ActiveSummary
AM Immobilier has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €78k and a net result of €40k. Equity is growing by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 29% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
51
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▼-11
Solvency33▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity tight (current ratio 1.02 against 0.55 in 2023; short-term debt: 50.1% and cash: 0.7% of total assets), and 92.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
31 d late
2022
31 d late
2021
31 d late
2020
24 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€78k▲ 105%
2023 · €38k
2020: €32k
2021: €60k
2022: €147k
2023: €38k
2020 → 2024
Total assets
€1.02M▲ 43.6%
2023 · €710k
2020: €626k
2021: €535k
2022: €572k
2023: €710k
2020 → 2024
Net result
€40k▼ 56.0%
2023 · €91k
2020: €34k
2021: €28k
2022: €87k
2023: €91k
2020 → 2024
Working capital
€12k
2023 · €-136k
2020: €-106k
2021: €-73k
2022: €6k
2023: €-136k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€32k-€60k▲ 87.7%€147k▲ 145%€38k▼ 74.2%€78k▲ 105%
Operating result€46k-€42k▼ 8.7%€114k▲ 169%€123k▲ 7.4%€62k▼ 49.7%
Net result€34k-€28k▼ 17.5%€87k▲ 210%€91k▲ 4.6%€40k▼ 56.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 50% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.02M
Fixed assets
€496k ▼ 9.3%
Current assets
€523k ▲ 221%
Equity and liabilities €1.02M
Equity
€78k ▲ 105%
Debt
€942k ▲ 40.1%
Debt's share of the balance-sheet total falls from 94.6% to 92.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€78k▼
2023 · €148k
Cash flow
€56k▼
2023 · €117k
Current ratio
1.02▲
2023 · 0.55
Quick ratio
0.56▲
2023 · 0.55
Debt to equity
12.06▼
2023 · 17.68
ROE
51.3%▼
2023 · 239.3%
ROA
3.9%▼
2023 · 12.8%
Interest coverage
6.72▼
2023 · 21.87
Debt ≤ 1 year
€511k▲
2023 · €299k
Debt > 1 year
€431k▲
2023 · €373k
Income taxes
€10k▼
2023 · €25k
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 · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€710k€1.02M▲
Fixed assets21/28€547k€496k▼
Tangible fixed assets22/27€547k€496k▼
Land and buildings22€466k€452k▼
Furniture and vehicles24€81k€44k▼
Financial fixed assets28€500€500=
Current assets29/58€163k€523k▲
Stocks and contracts in progress3-€236k
Stocks30/36-€236k
Amounts receivable within one year40/41€485€278k▲
Trade receivables40-€268k
Other amounts receivable41€485€10k▲
Cash at bank and in hand54/58€161k€7k▼
Deferred charges and accrued income490/1€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€710k€1.02M▲
Equity10/15€38k€78k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€35k€75k▲
Amounts payable17/49€672k€942k▲
Amounts payable after more than one year17€373k€431k▲
Financial debts170/4€373k€431k▲
Amounts payable within one year42/48€299k€511k▲
Current portion of amounts payable after more than one year42€37k€59k▲
Financial debts43€6k€6k▼
Credit institutions430/8€6k€6k▼
Trade debts44€7k€241k▲
Suppliers440/4€7k€241k▲
Taxes, remuneration and social security45€15k€4k▼
Taxes450/3€15k€4k▼
Other amounts payable47/48€234k€200k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€16k▼
Other operating charges640/8€5k€11k▲
Non-recurring operating charges66A-€10k
Gross operating margin9900€154k€99k▼
Operating profit (loss)9901€123k€62k▼
Financial charges65/66B€7k€12k▲
Recurring financial charges65€7k€12k▲
Profit (loss) for the period before taxes9903€116k€50k▼
Income taxes67/77€25k€10k▼
Profit (loss) for the period9904€91k€40k▼
Profit (loss) for the period to be appropriated9905€91k€40k▼
Appropriation of the result
Profit (loss) to be appropriated9906€235k€75k▼
Profit (loss) brought forward from the previous period14P€144k€35k▼
Profit to be distributed694/7€200k-
Return on contributions (dividend)694€200k-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Highest result since 2020net €91k ▲4.6%
Operating result €123k, net result €91k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 1.07
Current ratio from 0.36 to 1.07; short-term debt falls from €114k to €86k.
31-12
Financial
Equity above €100kEq €147k ▲145%
3 profitable years in a row build equity to €147k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €28k ▼17.5%
Net result drops to €28k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Chaudfontaine · 1 establishment unit since 2020
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 Ninane 46B4052 ChaudfontaineGround area
5,390 m²
Building footprint
324 m²
Volume, LiDAR
1,839 m³
2 parcels, Wallonia · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Ninane 46, 4052 Chaudfontaine
since 20202.302.330.929
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62012B0217/00B000 | Wallonia | 2,951 m² | - | - |
| 62012B0218/00C000 | Wallonia | 2,438 m² | 1 · 324 m² | 7.8 m · 2 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
Buildex
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Immaf
BE 0861.949.423
Leuven · Eq €78,210
CS INVEST
BE 0780.874.843
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CROWN IMMO
BE 0505.876.180
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MOZAIEK VAN CAUTER
BE 0662.991.634
Haaltert · Eq €77,870
Of 7,320 companies in sector 68110 we hold annual accounts for 5,381. 3,568 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
Founded09-03-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.