AMAGAT
ActiveSummary
The computed 12-month bankruptcy probability of AMAGAT is 3.9% (moderate). For AMAGAT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€456,195) and a net result of -€426,698. Equity is shrinking by ~63.1% per year across the filed fiscal years. The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0=
Solvency0▼-23
Growth32=
Track record100
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
-36.3%
Return on assets
-33.9%
Age of the figures
33 mo
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
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 28-03-2025, 240 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
240 d late
2022
305 d late
2021
670 d late
2020
1035 d late
2019
126 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 475 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€426,698▼ 7.9%
2022 · -€395,450
Working capital
-€1.1m▼ 7.8%
2022 · -€998,789
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
Line20192020202120222023
Operating result-€286,287▼ 11.2%-€355,871▼ 24.3%-€372,064▼ 4.6%-€375,781▼ 1.0%-€358,503▲ 4.6%
Net result-€316,726▼ 8.8%-€370,079▼ 16.8%-€367,198▲ 0.8%-€395,450▼ 7.7%-€426,698▼ 7.9%
Equity€1.1m▼ 22.3%€733,150▼ 33.5%€365,952▼ 50.1%-€29,498-€456,195▼ 1,447%
Total assets€2.3m▼ 16.0%€1.9m▼ 15.4%€1.8m▼ 8.8%€1.4m▼ 19.0%€1.3m▼ 12.6%
Debt€1.2m▼ 9.2%€1.2m▲ 1.2%€1.4m▲ 16.1%€1.5m▲ 4.1%€1.7m▲ 16.8%
Working capital-€741,948▲ 4.0%-€765,247▼ 3.1%-€950,665▼ 24.2%-€998,789▼ 5.1%-€1.1m▼ 7.8%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €358,503 in 2023 against €375,781 in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.3m
Fixed assets
€620,946 ▼ 35.9%
Current assets
€636,451 ▲ 35.8%
Key figures and ratios
EBITDA
-€10,158▲
2022 · -€27,085
Cash flow
-€78,353▼
2022 · -€46,754
Solvency
-36.3%▼
2022 · -2.1%
Current ratio
0.37▲
2022 · 0.32
Debt to equity
-3.76▲
2022 · -49.75
ROA
-33.9%▼
2022 · -27.5%
Interest coverage
-0.14▲
2022 · -0.74
Debt ≤ 1 year
€1.7m▲
2022 · €1.5m
Income taxes
€12,216▲
2022 · €794
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €347,886 | €348,438 | €348,439 | €348,696 | €348,345 | ▼ 0.1% |
| Other operating charges640/8 | - | €3,561 | €2,157 | €954 | €1,128 | ▲ 18.3% |
| Gross operating margin9900 | €63,522 | -€3,872 | -€21,467 | -€26,132 | -€9,030 | ▲ 65.4% |
| Operating profit (loss)9901 | -€286,287 | -€355,871 | -€372,064 | -€375,781 | -€358,503 | ▲ 4.6% |
| Financial income75/76B | - | €18,765 | €16,064 | €17,665 | €18,122 | ▲ 2.6% |
| Recurring financial income75 | €8,215 | €18,765 | €16,064 | €17,665 | €18,122 | ▲ 2.6% |
| Financial charges65/66B | - | €32,071 | €10,428 | €36,540 | €74,100 | ▲ 103% |
| Recurring financial charges65 | €17,956 | €32,071 | €10,428 | €36,540 | €74,100 | ▲ 103% |
| Profit (loss) for the period before taxes9903 | -€296,028 | -€369,177 | -€366,428 | -€394,656 | -€414,481 | ▼ 5.0% |
| Income taxes67/77 | €20,697 | €902 | €770 | €794 | €12,216 | ▲ 1,439% |
| Profit (loss) for the period9904 | -€316,726 | -€370,079 | -€367,198 | -€395,450 | -€426,698 | ▼ 7.9% |
| Profit (loss) for the period to be appropriated9905 | -€316,726 | -€370,079 | -€367,198 | -€395,450 | -€426,698 | ▼ 7.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.3m | €1.9m | €1.8m | €1.4m | €1.3m | ▼ 12.6% |
| Fixed assets21/28 | €1.8m | €1.5m | €1.3m | €969,291 | €620,946 | ▼ 35.9% |
| Intangible fixed assets21 | €1.7m | €1.4m | €1.0m | €695,773 | €347,886 | ▼ 50.0% |
| Tangible fixed assets22/27 | €3,800 | €4,908 | €4,355 | €4,915 | €4,457 | ▼ 9.3% |
| Furniture and vehicles24 | - | €1,108 | €555 | €1,115 | €657 | ▼ 41.1% |
| Other tangible fixed assets26 | - | €3,800 | €3,800 | €3,800 | €3,800 | = |
| Financial fixed assets28 | €101,944 | €101,944 | €268,603 | €268,603 | €268,603 | = |
| Current assets29/58 | €458,427 | €449,547 | €459,618 | €468,809 | €636,451 | ▲ 35.8% |
| Amounts receivable within one year40/41 | €42,227 | €43,143 | €42,978 | €43,134 | €228,721 | ▲ 430% |
| Trade receivables40 | - | €42,227 | €42,227 | €42,227 | - | - |
| Other amounts receivable41 | - | €916 | €752 | €907 | €228,721 | ▲ 25,118% |
| Current investments50/53 | €403,545 | €360,057 | €337,103 | €375,074 | €376,847 | ▲ 0.5% |
| Cash at bank and in hand54/58 | €12,655 | €46,347 | €79,537 | €50,602 | €30,884 | ▼ 39.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.3m | €1.9m | €1.8m | €1.4m | €1.3m | ▼ 12.6% |
| Equity10/15 | €1.1m | €733,150 | €365,952 | -€29,498 | -€456,195 | ▼ 1,447% |
| Contributions10/11 | €2.5m | €2.5m | €2.5m | €2.5m | €2.5m | = |
| Profit (loss) carried forward14 | -€1.4m | -€1.8m | -€2.1m | -€2.5m | -€3.0m | ▼ 16.9% |
| Amounts payable17/49 | €1.2m | €1.2m | €1.4m | €1.5m | €1.7m | ▲ 16.8% |
| Amounts payable within one year42/48 | €1.2m | €1.2m | €1.4m | €1.5m | €1.7m | ▲ 16.8% |
| Financial debts43 | - | €429,303 | €446,480 | €227,373 | €498,591 | ▲ 119% |
| Credit institutions430/8 | - | €429,303 | €446,480 | €227,373 | €498,591 | ▲ 119% |
| Trade debts44 | €6,878 | €11,517 | €20,368 | €25,619 | €19,205 | ▼ 25.0% |
| Suppliers440/4 | - | €11,517 | €20,368 | €25,619 | €19,205 | ▼ 25.0% |
| Taxes, remuneration and social security45 | - | €34,431 | - | - | €11,885 | - |
| Taxes450/3 | - | €34,431 | - | - | €11,885 | - |
| Other amounts payable47/48 | - | €739,543 | €943,435 | €1.2m | €1.2m | ▼ 2.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€316,726 | -€370,079 | -€367,198 | -€395,450 | -€426,698 | ▼ 7.9% |
| + Depreciation and write-downs630 | €347,886 | €348,438 | €348,439 | €348,696 | €348,345 | ▼ 0.1% |
| Operating cash flow (approximation) | €31,161 | -€21,641 | -€18,758 | -€46,754 | -€78,353 | ▼ 67.6% |
| Investment in fixed assets (approximation) | - | -€1,659 | -€166,659 | -€1,370 | €0 | ▲ 100% |
| Change in cash | - | €33,692 | €33,190 | -€28,935 | -€19,718 | ▲ 31.9% |
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
2025
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 240 days late
2024
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 305 days late
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 670 days late
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 1035 days late
2023
31-12
Financial
Weakest financial yearnet -€426,698
Net result drops to -€426,698, the lowest in the series.
2020
04-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 126 days late
2019
25-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 86 days late
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 88 days late
2016
19-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 19 days late
2015
27-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Elsene · 1 establishment unit since 2008
Ground area
1.0 ha
Building footprint
240 m²
Volume, LiDAR
2,446 m³
2 parcels, Brussels, Wallonia · tallest building 19.6 m, ±5 floors. Linked by address, not a title deed.
34
companies at this address
See who is registered here
1 establishment unit
Amagat
since 20082.179.870.607
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25003G0196/00L000 | Wallonia | 1.0 ha | 1 · 109 m² | 7.9 m · 2 fl. |
| 21443C0241/00B003 | Brussels | 124 m² | 1 · 131 m² | 19.6 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 31-12-2023 list no shareholders, and no other source names one.
Holdings 2
-
100%
-
100%
According to the 2023 annual accounts of AMAGAT and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
5493007OUO7UUXIRJQ08
Identification & contact
Identification
Legal formPrivate limited company
Founded23-12-2008
Fiscal year end31-12
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.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.