AMARONE
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 22-07-2026 at the NBB all 18 filings
Equity
€61.8m▲ 4.3%
2024 · €59.3m
Total assets
€66.9m▼ 0.2%
2024 · €67.0m
Net result
€2.5m▼ 13.8%
2024 · €2.9m
Working capital
€7.6m▲ 11.3%
2024 · €6.8m
In the rankings
#4 company by total assets in Knokke-Heist, Professional and technical services sector#4 company by equity in Knokke-Heist, Professional and technical services sector
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€91,976
▼ 52.5%
2025
20182025
Net result
€2.5m
▼ 13.8%
2025
highest quarter of the sector
20182025
Equity
€61.8m
▲ 4.3%
2025
highest quarter of the sector
20182025
Total assets
€66.9m
▼ 0.2%
2025
highest quarter of the sector
20182025
Debt
€5.0m
▼ 34.4%
2025
20182025
Working capital
€7.6m
▲ 11.3%
2025
highest quarter of the sector
20182025
Solvency
92.5%
▲ 3.9pp
2025
highest quarter of the sector
20182025
Current ratio
2.51
▲ 0.62
2025
middle half of the sector
20182025
Return on assets (ROA)
3.8%
▼ 0.6pp
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€264--€0.03m▼ 10,874%-€0.01m▲ 57.4%-€0.04m▼ 223%-€0.04m▼ 0.2%-€0.03m▲ 14.1%-€0.06m▼ 76.2%-€0.09m▼ 52.5%
Net result€1.9m-€2.0m▲ 4.9%€2.4mabove the sector's middle half▲ 20.1%€2.4mabove the sector's middle half▼ 2.5%€4.4mabove the sector's middle half▲ 86.9%€2.8mabove the sector's middle half▼ 37.3%€2.9mabove the sector's middle half▲ 5.4%€2.5mabove the sector's middle half▼ 13.8%
Equity€42.3m-€44.3m▲ 4.8%€46.8mabove the sector's middle half▲ 5.5%€49.1mabove the sector's middle half▲ 5.1%€53.6mabove the sector's middle half▲ 9.0%€56.4mabove the sector's middle half▲ 5.2%€59.3mabove the sector's middle half▲ 5.2%€61.8mabove the sector's middle half▲ 4.3%
Total assets€52.6m-€53.5m▲ 1.6%€54.2mabove the sector's middle half▲ 1.3%€53.1mabove the sector's middle half▼ 2.0%€62.7mabove the sector's middle half▲ 18.1%€65.4mabove the sector's middle half▲ 4.3%€67.0mabove the sector's middle half▲ 2.4%€66.9mabove the sector's middle half▼ 0.2%
Debt€10.3m-€9.1m▼ 11.3%€7.4m▼ 19.3%€3.9m▼ 46.6%€9.1m▲ 132%€9.0m▼ 1.3%€7.7m▼ 14.9%€5.0m▼ 34.4%
Working capital-€9.7m--€8.6m▲ 11.8%-€6.1mbelow the sector's middle half▲ 28.1%-€3.3mbelow the sector's middle half▲ 45.9%€1.2mabove the sector's middle half€4.0mabove the sector's middle half▲ 241%€6.8mabove the sector's middle half▲ 71.1%€7.6mabove the sector's middle half▲ 11.3%
Solvency80.4%-82.9%▲ 2.5pp86.4%above the sector's middle half▲ 3.5pp92.6%above the sector's middle half▲ 6.2pp85.5%above the sector's middle half▼ 7.1pp86.2%above the sector's middle half▲ 0.8pp88.6%above the sector's middle half▲ 2.3pp92.5%above the sector's middle half▲ 3.9pp
Current ratio0.06-0.06▲ 0.010.17below the sector's middle half▲ 0.100.16below the sector's middle half▼ 0.011.13within the sector's middle half▲ 0.971.44within the sector's middle half▲ 0.311.89within the sector's middle half▲ 0.452.51within the sector's middle half▲ 0.62
Return on assets (ROA)3.7%-3.8%▲ 0.1pp4.5%within the sector's middle half▲ 0.7pp4.5%within the sector's middle half=7.1%within the sector's middle half▲ 2.6pp4.3%within the sector's middle half▼ 2.8pp4.4%within the sector's middle half▲ 0.1pp3.8%within the sector's middle half▼ 0.6pp
above
within
below
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €91,976, larger than the loss of €60,298 in 2024. It is the lowest result since 2021.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €66.9m
Fixed assets
€54.3m ▲ 3.4%
Current assets
€12.6m ▼ 12.9%
Equity and liabilities €66.9m
Equity
€61.8m ▲ 4.3%
Debt
€5.0m ▼ 34.4%
Debt's share of the balance-sheet total falls from 11.4% to 7.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
-€71,821▼
2024 · -€40,683
Cash flow
€2.6m▼
2024 · €3.0m
Debt to equity
0.08▼
2024 · 0.13
ROE
4.1%▼
2024 · 5.0%
Interest coverage
-0.46▲
2024 · -0.67
Debt ≤ 1 year
€5.0m▼
2024 · €7.7m
Income taxes
€253,214▼
2024 · €293,784
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €6,450 | €23,178 | - | €135,054 | €1.8m |
| Depreciation and write-downs of the year | €14,857 | €19,522 | €20,068 | €19,615 | €20,155 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.004m | €0.04m | €0.03m | €0.01m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 2.8% |
| Other operating charges640/8 | - | - | - | €0.002m | €0.001m | €0.005m | €0.01m | €0.01m | ▲ 37.3% |
| Non-recurring operating charges66A | - | - | - | €0.01m | - | - | - | - | - |
| Gross operating margin9900 | €0.004m | €0.02m | €0.02m | -€0.01m | -€0.02m | -€0.009m | -€0.03m | -€0.06m | ▼ 89.1% |
| Operating profit (loss)9901 | -€264 | -€0.03m | -€0.01m | -€0.04m | -€0.04m | -€0.03m | -€0.06m | -€0.09m | ▼ 52.5% |
| Financial income75/76B | - | - | - | €2.4m | €5.1m | €3.1m | €3.4m | €3.0m | ▼ 9.5% |
| Recurring financial income75 | €1.9m | €2.1m | €2.5m | €2.4m | €5.0m | €3.1m | €3.4m | €3.0m | ▼ 9.5% |
| Non-recurring financial income76B | - | - | - | - | €0.05m | - | - | - | - |
| Financial charges65/66B | - | - | - | €16 | €0.1m | -€0.02m | €0.06m | €0.2m | ▲ 157% |
| Recurring financial charges65 | - | €13 | €0 | €16 | €0.1m | -€0.02m | €0.06m | €0.2m | ▲ 157% |
| Profit (loss) for the period before taxes9903 | €1.9m | €2.0m | €2.4m | €2.4m | €4.9m | €3.1m | €3.2m | €2.8m | ▼ 13.8% |
| Income taxes67/77 | - | - | - | - | €0.4m | €0.3m | €0.3m | €0.3m | ▼ 13.8% |
| Profit (loss) for the period9904 | €1.9m | €2.0m | €2.4m | €2.4m | €4.4m | €2.8m | €2.9m | €2.5m | ▼ 13.8% |
| Profit (loss) for the period to be appropriated9905 | €1.9m | €2.0m | €2.4m | €2.4m | €4.4m | €2.8m | €2.9m | €2.5m | ▼ 13.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €52.6m | €53.5m | €54.2m | €53.1m | €62.7m | €65.4m | €67.0m | €66.9m | ▼ 0.2% |
| Fixed assets21/28 | €52.0m | €52.9m | €52.9m | €52.5m | €52.4m | €52.4m | €52.5m | €54.3m | ▲ 3.4% |
| Tangible fixed assets22/27 | €0.008m | €0.9m | €1.0m | €0.5m | €0.5m | €0.5m | €0.6m | €2.4m | ▲ 284% |
| Land and buildings22 | - | - | - | - | - | €0.5m | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €0.001m | €0.008m | €0.004m | €245 | €0.003m | ▲ 946% |
| Furniture and vehicles24 | - | - | - | - | - | - | €0.1m | €0.3m | ▲ 137% |
| Other tangible fixed assets26 | - | - | - | €0.5m | €0.5m | €0.02m | €0.5m | €0.5m | ▲ 0.7% |
| Assets under construction and advance payments27 | - | - | - | - | - | - | - | €1.6m | - |
| Financial fixed assets28 | €52.0m | €52.0m | €52.0m | €52.0m | €51.9m | €51.9m | €51.9m | €51.9m | = |
| Current assets29/58 | €0.6m | €0.6m | €1.2m | €0.6m | €10.3m | €13.0m | €14.4m | €12.6m | ▼ 12.9% |
| Amounts receivable after more than one year29 | - | - | - | €0.1m | €0.1m | €0.1m | €0.08m | €0.07m | ▼ 5.9% |
| Other amounts receivable291 | - | - | - | €0.1m | €0.1m | €0.1m | €0.08m | €0.07m | ▼ 5.9% |
| Amounts receivable within one year40/41 | €0.02m | €0.02m | €0.007m | €0.03m | €0.07m | €0.02m | €0.02m | €0.06m | ▲ 173% |
| Trade receivables40 | - | - | - | €0.03m | €0.02m | €0.02m | €0.02m | €0.06m | ▲ 173% |
| Other amounts receivable41 | - | - | - | €0.004m | €0.05m | €0 | - | - | - |
| Current investments50/53 | €0.4m | €0.4m | €1.0m | €0.5m | €9.2m | €11.5m | €13.9m | €6.0m | ▼ 56.9% |
| Cash at bank and in hand54/58 | €0.06m | €0.01m | €0.1m | €0.01m | €0.8m | €1.4m | €0.5m | €6.5m | ▲ 14× |
| Deferred charges and accrued income490/1 | - | - | - | €0.005m | €0.01m | €0.04m | €0.02m | €0.007m | ▼ 68.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €52.6m | €53.5m | €54.2m | €53.1m | €62.7m | €65.4m | €67.0m | €66.9m | ▼ 0.2% |
| Equity10/15 | €42.3m | €44.3m | €46.8m | €49.1m | €53.6m | €56.4m | €59.3m | €61.8m | ▲ 4.3% |
| Contributions10/11 | €25.0m | €25.0m | - | €25.0m | €25.0m | €25.0m | €25.0m | €25.0m | = |
| Reserves13 | €17.3m | €19.3m | €21.8m | €24.1m | €28.6m | €31.4m | €34.3m | €36.8m | ▲ 7.4% |
| Distributable reserves133 | - | - | - | €24.1m | €28.6m | €31.4m | €34.3m | €36.8m | ▲ 7.4% |
| Profit (loss) carried forward14 | €201 | €310 | €24 | €99 | €99 | €0 | - | - | - |
| Amounts payable17/49 | €10.3m | €9.1m | €7.4m | €3.9m | €9.1m | €9.0m | €7.7m | €5.0m | ▼ 34.4% |
| Amounts payable within one year42/48 | €10.3m | €9.1m | €7.4m | €3.9m | €9.1m | €9.0m | €7.7m | €5.0m | ▼ 34.5% |
| Financial debts43 | - | - | - | - | €120 | €385 | €0.002m | €42 | ▼ 98.1% |
| Credit institutions430/8 | - | - | - | - | €120 | €385 | €0.002m | €42 | ▼ 98.1% |
| Trade debts44 | - | €0.04m | €0.004m | €0.003m | €0.004m | €0.008m | €0.1m | €0.01m | ▼ 91.2% |
| Suppliers440/4 | - | - | - | €0.003m | €0.004m | €0.008m | €0.1m | €0.01m | ▼ 91.2% |
| Taxes, remuneration and social security45 | - | - | - | - | €0.4m | €0.7m | €0.2m | €0.2m | ▼ 6.5% |
| Taxes450/3 | - | - | - | - | €0.4m | €0.7m | €0.2m | €0.2m | ▼ 6.5% |
| Other amounts payable47/48 | - | - | - | €3.9m | €8.7m | €8.3m | €7.3m | €4.8m | ▼ 34.3% |
| Accrued charges and deferred income492/3 | - | - | - | - | €0.002m | €0.002m | €0.001m | €0.002m | ▲ 134% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.9m | €2.0m | €2.4m | €2.4m | €4.4m | €2.8m | €2.9m | €2.5m | ▼ 13.8% |
| + Depreciation and write-downs630 | €0.004m | €0.04m | €0.03m | €0.01m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 2.8% |
| Operating cash flow (approximation) | €1.9m | €2.1m | €2.5m | €2.4m | €4.5m | €2.8m | €3.0m | €2.6m | ▼ 13.7% |
| Investment in fixed assets (approximation) | - | -€0.9m | -€0.06m | €0.4m | €0.02m | €0 | -€0.1m | -€1.8m | ▼ 1,219% |
| Change in cash | - | -€0.05m | €0.1m | -€0.1m | €0.8m | €0.5m | -€0.9m | €6.0m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 22-07-2026 | 2026-00338618 | |
| 31-12-2024 | abbreviated format | 13-08-2025 | 2025-00375670 | |
| 31-12-2023 | abbreviated format | 16-08-2024 | 2024-00352825 | |
| 31-12-2022 | abbreviated format | 31-07-2023 | 2023-00309354 | |
| 31-12-2021 | abbreviated format | 12-07-2022 | 2022-20182011 | |
| 31-12-2020 | abbreviated format | 08-07-2021 | 2021-32300410 | |
| 31-12-2019 | abbreviated format | 23-07-2020 | 2020-32600169 | |
| 31-12-2018 | abbreviated format | 01-07-2019 | 2019-25100318 | |
| 31-12-2017 | abbreviated format | 28-06-2018 | 2018-23800283 | |
| 31-12-2016 | abbreviated format | 05-07-2017 | 2017-27800405 |