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AMAGRA

Active
Public limited companyfounded 199332 yrs activeRue Léon Desmottes(FB) 35, 7911 Frasnes-lez-Anvaing, BelgiumKBO/BCE: BE 0451.431.763
Summary

AMAGRA has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of -€53,715. Equity remains stable across the filed fiscal years (±0% per year). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability20▼-26
Solvency86▼-2
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65,000 at 30 days acceptable
Liquidity short (current ratio 0.58 against 0.58 in 2024; short-term debt: 36.6% and cash: 2.3% of total assets), and 39.1% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 32 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
60.9%
Return on assets
-2.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 d early
2024
21 d early
2023
26 d early
2022
8 d late
2021
24 d early
2020
17 d late
2019
27 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 5 days before 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
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 22 November 1993, AMAGRA was incorporated.1 Total assets went from EUR 1.9 million in 2018 to EUR 1.9 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€53,715
2024 · €60,539
Working capital
-€299,580▼ 3.1%
2024 · -€290,440
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
Line20212022202320242025
Operating result€95,816-€3,393€1,951€122,671▲ 6,188%-€9,104
Net result€64,584-€23,725-€29,734▼ 25.3%€60,539-€53,715
Equity€1.2m▲ 5.5%€1.2m▼ 1.9%€1.2m▼ 2.5%€1.2m▲ 5.1%€1.2m▼ 4.3%
Total assets€1.9m▲ 3.8%€1.9m▼ 1.5%€1.9m▼ 0.9%€2.0m▲ 4.7%€1.9m▼ 1.3%
Debt€701,053▲ 0.9%€694,928▼ 0.9%€706,595▲ 1.7%€734,101▲ 3.9%€761,308▲ 3.7%
Working capital-€269,183▲ 32.2%-€260,191▲ 3.3%-€262,927▼ 1.1%-€290,440▼ 10.5%-€299,580▼ 3.1%
Result per fiscal year
Operating resultNet result
-€100,000-€50,000€0€50,000€100,000Operating result 2021: €95,816€95,816Net result 2021: €64,584€64,584Operating result 2022: -€3,393-€3,393Net result 2022: -€23,725-€23,725Operating result 2023: €1,951€1,951Net result 2023: -€29,734-€29,734Operating result 2024: €122,671€122,671Net result 2024: €60,539€60,539Operating result 2025: -€9,104-€9,104Net result 2025: -€53,715-€53,71520212022202320242025-€100,000-€50,000€0€50,000€100,000Operating result 2023: €1,951€1,950Net result 2023: -€29,734-€29,700Operating result 2024: €122,671€123,000Net result 2024: €60,539€60,500Operating result 2025: -€9,104-€9,100Net result 2025: -€53,715-€53,700202320242025
The operating result turns negative in 2025: a loss of €9,104 after €122,671 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.9m
Fixed assets €1.5m ▼ 2.2%
Current assets €412,791 ▲ 1.8%
Equity and liabilities €1.9m
Equity €1.2m ▼ 4.3%
Debt €761,308 ▲ 3.7%
Debt's share of the balance-sheet total rises from 37.2% to 39.1%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€24,869▼
2024 · €156,644
Cash flow
-€19,742▼
2024 · €94,512
Current ratio
0.58▼
2024 · 0.58
Debt to equity
0.64▲
2024 · 0.59
ROE
-4.5%▼
2024 · 4.9%
ROA
-2.8%▼
2024 · 3.1%
Interest coverage
0.51▼
2024 · 2.86
Debt ≤ 1 year
€712,371▲
2024 · €695,764
Income taxes
-€4▼
2024 · €9,999
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,594 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.2% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 8,594 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.0m€1.9m▼
Fixed assets21/28€1.6m€1.5m▼
Tangible fixed assets22/27€1.6m€1.5m▼
Land and buildings22€1.1m€1.1m▼
Plant, machinery and equipment23€489,853€460,150▼
Current assets29/58€405,325€412,791▲
Amounts receivable within one year40/41€96,500€26,306▼
Other amounts receivable41€96,500€26,306▼
Current investments50/53€150,000€300,000▲
Cash at bank and in hand54/58€124,452€45,707▼
Deferred charges and accrued income490/1€34,373€40,778▲
Equity and liabilities
Total equity and liabilities10/49€2.0m€1.9m▼
Equity10/15€1.2m€1.2m▼
Contributions10/11€1.0m€1.0m=
Capital10€1.0m€1.0m=
Issued capital100€1.0m€1.0m=
Reserves13€143,018€143,018=
Non-distributable reserves130/1€26,018€26,018=
Legal reserve130€26,018€26,018=
Distributable reserves133€117,000€117,000=
Profit (loss) carried forward14€47,702-€6,013▼
Amounts payable17/49€734,101€761,308▲
Amounts payable within one year42/48€695,764€712,371▲
Trade debts44-€400
Suppliers440/4-€400
Taxes, remuneration and social security45€22,130€0▼
Taxes450/3€22,130€0▼
Other amounts payable47/48€673,635€711,971▲
Accrued charges and deferred income492/3€38,336€48,937▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33,973€33,973=
Other operating charges640/8€17,028€16,282▼
Gross operating margin9900€173,672€41,150▼
Operating profit (loss)9901€122,671-€9,104▼
Financial income75/76B€2,662€4,353▲
Recurring financial income75€2,662€4,353▲
Financial charges65/66B€54,795€48,967▼
Recurring financial charges65€54,795€48,967▼
Profit (loss) for the period before taxes9903€70,538-€53,719▼
Income taxes67/77€9,999-€4▼
Profit (loss) for the period9904€60,539-€53,715▼
Profit (loss) for the period to be appropriated9905€60,539-€53,715▼
Appropriation of the result
Profit (loss) to be appropriated9906€108,014-€6,013▼
Profit (loss) brought forward from the previous period14P€47,475€47,702▲
Transfer to equity691/2€60,312€0▼
To the legal reserve6920€3,312€0▼
To other reserves6921€57,000€0▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32,717€32,717€33,158€33,973€33,973=
Other operating charges640/8€12,068€7,158€10,888€17,028€16,282▼ 4.4%
Gross operating margin9900€140,600€36,482€45,997€173,672€41,150▼ 76.3%
Operating profit (loss)9901€95,816-€3,393€1,951€122,671-€9,104▼ 107%
Financial income75/76B--€0€2,662€4,353▲ 63.5%
Recurring financial income75--€0€2,662€4,353▲ 63.5%
Financial charges65/66B€20,232€20,233€31,685€54,795€48,967▼ 10.6%
Recurring financial charges65€20,232€20,233€31,685€54,795€48,967▼ 10.6%
Profit (loss) for the period before taxes9903€75,584-€23,626-€29,734€70,538-€53,719▼ 176%
Income taxes67/77€11,000€99€0€9,999-€4▼ 100%
Profit (loss) for the period9904€64,584-€23,725-€29,734€60,539-€53,715▼ 189%
Profit (loss) for the period to be appropriated9905€64,584-€23,725-€29,734€60,539-€53,715▼ 189%
Line20212022202320242025Change
Assets
Total assets20/58€1.9m€1.9m€1.9m€2.0m€1.9m▼ 1.3%
Fixed assets21/28€1.5m€1.5m€1.5m€1.6m€1.5m▼ 2.2%
Tangible fixed assets22/27€1.5m€1.5m€1.5m€1.6m€1.5m▼ 2.2%
Land and buildings22€954,730€950,168€945,606€1.1m€1.1m▼ 0.4%
Plant, machinery and equipment23€560,829€532,674€519,555€489,853€460,150▼ 6.1%
Current assets29/58€417,724€420,590€420,205€405,325€412,791▲ 1.8%
Amounts receivable within one year40/41€95,000€50,000€75,000€96,500€26,306▼ 72.7%
Other amounts receivable41€95,000€50,000€75,000€96,500€26,306▼ 72.7%
Current investments50/53---€150,000€300,000▲ 100%
Cash at bank and in hand54/58€286,950€338,769€311,102€124,452€45,707▼ 63.3%
Deferred charges and accrued income490/1€35,773€31,821€34,103€34,373€40,778▲ 18.6%
Equity and liabilities
Total equity and liabilities10/49€1.9m€1.9m€1.9m€2.0m€1.9m▼ 1.3%
Equity10/15€1.2m€1.2m€1.2m€1.2m€1.2m▼ 4.3%
Contributions10/11€1.0m€1.0m€1.0m€1.0m€1.0m=
Capital10€1.0m€1.0m€1.0m€1.0m€1.0m=
Issued capital100€1.0m€1.0m€1.0m€1.0m€1.0m=
Reserves13€82,706€82,706€82,706€143,018€143,018=
Non-distributable reserves130/1€22,706€22,706€22,706€26,018€26,018=
Legal reserve130€22,706€22,706€22,706€26,018€26,018=
Distributable reserves133€60,000€60,000€60,000€117,000€117,000=
Profit (loss) carried forward14€100,934€77,209€47,475€47,702-€6,013▼ 113%
Amounts payable17/49€701,053€694,928€706,595€734,101€761,308▲ 3.7%
Amounts payable within one year42/48€686,907€680,782€683,133€695,764€712,371▲ 2.4%
Trade debts44€1,210€1,085€0-€400-
Suppliers440/4€1,210€1,085€0-€400-
Taxes, remuneration and social security45€12,063€6,063€9,498€22,130€0▼ 100%
Taxes450/3€12,063€6,063€9,498€22,130€0▼ 100%
Other amounts payable47/48€673,635€673,635€673,635€673,635€711,971▲ 5.7%
Accrued charges and deferred income492/3€14,146€14,146€23,463€38,336€48,937▲ 27.7%
Line20212022202320242025Change
Profit (loss) for the period9904€64,584-€23,725-€29,734€60,539-€53,715▼ 189%
+ Depreciation and write-downs630€32,717€32,717€33,158€33,973€33,973=
Operating cash flow (approximation)€97,301€8,992€3,424€94,512-€19,742▼ 121%
Investment in fixed assets (approximation)-€0-€15,476-€136,898€0▲ 100%
Change in cash-€51,819-€27,667-€186,651-€78,745▲ 57.8%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
14-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Weakest financial yearnet -€53,715
Net result drops to -€53,715, the lowest in the series.
10-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Back to profitnet €60,539
Net result €60,539 after 2 loss-making years.
05-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
08-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 8 days late
2022
07-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Back to profitnet €64,584
Net result €64,584 after 2 loss-making years.
17-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 17 days late
2020
27-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 27 days late
2019
29-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
28-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 28 days late
2017
23-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 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
6 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, Frasnes-lez-Anvaing · 1 establishment unit since 1993
seat establishment The establishment unit on the map
Ground area
395 m²
Building footprint
415 m²
Volume, LiDAR
4,506 m³
Parcel 51022D0510/00L000, Wallonia · tallest building 15.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
AMAGRA SA
Rue Léon Desmottes(FB) 35, 7911 Frasnes-lez-AnvaingManufacture of basic metals
since 19932.064.531.766
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
51022D0510/00L000 Wallonia 395 m² 1 · 415 m² 15.1 m · 4 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.

Identification & contact

Identification
Legal formPublic limited company
Founded22-11-1993
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.

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Register as of 27 September 2026 · Peppol Directory

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