AM MANAGEMENT
ActiveSummary
AM MANAGEMENT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €20,460 and a net result of €198,135. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 14% of 32023 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability100=
Solvency30▼-1
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.03 against 1.02 in 2025; short-term debt: 95% and cash: 97.6% of total assets), and 95% of the assets are financed with debt.
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Signals
Five 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
5%
Return on assets
48.5%
Age of the figures
3 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 32023 sector peers (2025).
NBB · sector comparisonPosition among 32023 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 25-09-2026, 128 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
128 d early
2025
78 d early
2024
64 d early
2023
83 d early
2022
61 d early
2021
60 d early
2020
62 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 77 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2027 and is due by 31-01-2028. Nothing is late today. Usually files around 14 November (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today30-06-2027 close31-01-2028 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2026, micro schema
Equity
€20,460=
2025 · €20,460
Total assets
€408,863▲ 29.0%
2025 · €316,839
Net result
€198,135▲ 31.9%
2025 · €150,236
Working capital
€10,579▲ 70.6%
2025 · €6,201
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result€392,177▲ 71.4%€375,642▼ 4.2%€190,146▼ 49.4%€198,048▲ 4.2%€261,414▲ 32.0%
Net result€296,252above the sector's middle half▲ 70.1%€283,608above the sector's middle half▼ 4.3%€143,851above the sector's middle half▼ 49.3%€150,236above the sector's middle half▲ 4.4%€198,135▲ 31.9%
Equity€20,460below the sector's middle half=€20,460below the sector's middle half=€20,460below the sector's middle half=€20,460below the sector's middle half=€20,460=
Total assets€432,030within the sector's middle half▲ 96.4%€550,203above the sector's middle half▲ 27.4%€307,310within the sector's middle half▼ 44.1%€316,839within the sector's middle half▲ 3.1%€408,863▲ 29.0%
Debt€411,570▲ 106%€529,743▲ 28.7%€286,850▼ 45.9%€296,379▲ 3.3%€388,403▲ 31.0%
Working capital€17,866within the sector's middle half▲ 72.5%€9,485within the sector's middle half▼ 46.9%€7,281within the sector's middle half▼ 23.2%€6,201within the sector's middle half▼ 14.8%€10,579▲ 70.6%
Solvency4.7%below the sector's middle half▼ 4.6pp3.7%below the sector's middle half▼ 1.0pp6.7%below the sector's middle half▲ 2.9pp6.5%below the sector's middle half▼ 0.2pp5.0%▼ 1.5pp
Current ratio1.04within the sector's middle half▼ 0.011.02below the sector's middle half▼ 0.021.03below the sector's middle half▲ 0.011.02within the sector's middle half▼ 0.011.03▲ 0.01
Return on assets (ROA)68.6%above the sector's middle half▼ 10.6pp51.5%above the sector's middle half▼ 17.0pp46.8%above the sector's middle half▼ 4.7pp47.4%above the sector's middle half▲ 0.6pp48.5%▲ 1.0pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2024 the operating result has climbed two years in a row; 2026 is 32% above 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €408,863
Fixed assets
€9,881 ▼ 43.9%
Current assets
€398,982 ▲ 33.3%
Equity and liabilities €408,863
Equity
€20,460 =
Debt
€388,403 ▲ 31.0%
Debt's share of the balance-sheet total rises from 93.5% to 95.0%. Debt is higher.
Key figures and ratios
EBITDA
€270,904▲
2025 · €207,554
Cash flow
€207,626▲
2025 · €159,742
Debt to equity
18.98▲
2025 · 14.49
ROE
968.4%▲
2025 · 734.3%
Interest coverage
284.18▲
2025 · 159.28
Debt ≤ 1 year
€388,403▲
2025 · €293,031
Income taxes
€62,326▲
2025 · €46,514
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,153 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,153 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,607 | €9,202 | €9,712 | €9,506 | €9,491 | ▼ 0.2% |
| Other operating charges640/8 | €446 | €1,279 | €591 | €636 | €1,280 | ▲ 101% |
| Gross operating margin9900 | €401,230 | €386,122 | €200,449 | €208,190 | €272,185 | ▲ 30.7% |
| Operating profit (loss)9901 | €392,177 | €375,642 | €190,146 | €198,048 | €261,414 | ▲ 32.0% |
| Financial income75/76B | - | - | - | €6 | - | - |
| Recurring financial income75 | - | - | - | €6 | - | - |
| Financial charges65/66B | €378 | €1,577 | €1,467 | €1,303 | €953 | ▼ 26.8% |
| Recurring financial charges65 | €378 | €1,577 | €1,467 | €1,303 | €953 | ▼ 26.8% |
| Profit (loss) for the period before taxes9903 | €391,799 | €374,064 | €188,679 | €196,750 | €260,461 | ▲ 32.4% |
| Income taxes67/77 | €95,547 | €90,457 | €44,828 | €46,514 | €62,326 | ▲ 34.0% |
| Profit (loss) for the period9904 | €296,252 | €283,608 | €143,851 | €150,236 | €198,135 | ▲ 31.9% |
| Profit (loss) for the period to be appropriated9905 | €296,252 | €283,608 | €143,851 | €150,236 | €198,135 | ▲ 31.9% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €432,030 | €550,203 | €307,310 | €316,839 | €408,863 | ▲ 29.0% |
| Fixed assets21/28 | €2,594 | €35,693 | €27,113 | €17,607 | €9,881 | ▼ 43.9% |
| Tangible fixed assets22/27 | €2,594 | €35,693 | €27,113 | €17,607 | €9,881 | ▼ 43.9% |
| Furniture and vehicles24 | €2,594 | €35,693 | €27,113 | €17,607 | €9,881 | ▼ 43.9% |
| Current assets29/58 | €429,436 | €514,509 | €280,197 | €299,232 | €398,982 | ▲ 33.3% |
| Amounts receivable within one year40/41 | €9,649 | €137,961 | €41,255 | €3,552 | €66 | ▼ 98.1% |
| Trade receivables40 | - | €125,300 | €40,000 | - | - | - |
| Other amounts receivable41 | €9,649 | €12,661 | €1,255 | €3,552 | €66 | ▼ 98.1% |
| Cash at bank and in hand54/58 | €419,786 | €376,549 | €238,942 | €295,680 | €398,916 | ▲ 34.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €432,030 | €550,203 | €307,310 | €316,839 | €408,863 | ▲ 29.0% |
| Equity10/15 | €20,460 | €20,460 | €20,460 | €20,460 | €20,460 | = |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | €1,860 | €1,860 | €1,860 | = |
| Amounts payable17/49 | €411,570 | €529,743 | €286,850 | €296,379 | €388,403 | ▲ 31.0% |
| Amounts payable after more than one year17 | - | €24,718 | €13,934 | €3,348 | - | - |
| Financial debts170/4 | - | €24,718 | €13,934 | €3,348 | - | - |
| Amounts payable within one year42/48 | €411,570 | €505,025 | €272,916 | €293,031 | €388,403 | ▲ 32.5% |
| Current portion of amounts payable after more than one year42 | - | €10,472 | €10,784 | €10,585 | €2,819 | ▼ 73.4% |
| Trade debts44 | €153 | €121 | €70 | - | €726 | - |
| Suppliers440/4 | €153 | €121 | €70 | - | €726 | - |
| Taxes, remuneration and social security45 | €14,863 | €13,509 | €28,072 | €13,378 | €48,890 | ▲ 265% |
| Taxes450/3 | €14,863 | €13,509 | €28,072 | €13,378 | €48,890 | ▲ 265% |
| Other amounts payable47/48 | €396,553 | €480,923 | €233,990 | €269,068 | €335,967 | ▲ 24.9% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €296,252 | €283,608 | €143,851 | €150,236 | €198,135 | ▲ 31.9% |
| + Depreciation and write-downs630 | €8,607 | €9,202 | €9,712 | €9,506 | €9,491 | ▼ 0.2% |
| Operating cash flow (approximation) | €304,859 | €292,810 | €153,563 | €159,742 | €207,626 | ▲ 30.0% |
| Investment in fixed assets (approximation) | - | -€42,302 | -€1,131 | €0 | -€1,764 | - |
| Change in cash | - | -€43,238 | -€137,607 | €56,738 | €103,236 | ▲ 82.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
25-09
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
2025
14-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Weakest financial yearnet €143,851 ▼49.3%
Net result drops to €143,851, the lowest in the series; recovery starts the following year.
2023
09-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
01-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Highest result since 2019net €296,252 ▲70.1%
Operating result €392,177, net result €296,252, both a record.
2021
02-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-01
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
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Saint-Nicolas · 1 establishment unit since 2017
Ground area
1,545 m²
Building footprint
368 m²
Parcel 62102B0163/00R000, Wallonia. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
Rue Ferdinand Nicolay 700, 4420 Saint-Nicolas
since 20172.261.911.524
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62102B0163/00R000 | Wallonia | 1,545 m² | 1 · 368 m² | - |
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.
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Of 82,601 companies in sector 70200 we hold annual accounts for 52,615. 30,781 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
Founded28-02-2017
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
69102Activities of notaries
69109Other legal services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0671921077
Also
9925:BE0671921077
Registered
19-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.