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AMARS

Bankruptcy
Private limited company (pre-2019)founded 2013KBO/BCE: BE 0538.452.740
Summary

The KBO register records for AMARS the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show equity of €38,659 and a net result of €16,141.

Are you a creditor?

Open bankruptcy Source: KBO register

The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.

The procedure

The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
neutral · Filed after the deadline
The financial year that closed on 30-09-2021 was due by 30-04-2022 and was filed on 12-05-2022, 12 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 · 8 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
12 d late
2020
43 d early
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 10 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
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 9 September 2013, AMARS was incorporated.1 Revenue went from EUR 441,417 in 2018 to EUR 388,868 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, full schema

Turnover
€388,868▼ 7.1%
2020 · €418,537
EBIT margin
4.5%▲ 3.9pp
2020 · 0.6%
Net result
€16,141▲ 851%
2020 · €1,698
Working capital
€29,974▲ 117%
2020 · €13,833
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
Line2018201920202021
Turnover€441,417-€478,480▲ 8.4%€418,537▼ 12.5%€388,868▼ 7.1%
Operating result€8,469-€3,810▼ 55.0%€2,365▼ 37.9%€17,522▲ 641%
Net result€7,335-€2,651▼ 63.9%€1,698▼ 35.9%€16,141▲ 851%
EBIT margin1.9%-0.8%▼ 1.1pp0.6%▼ 0.2pp4.5%▲ 3.9pp
Equity€18,169-€20,820▲ 14.6%€22,518▲ 8.2%€38,659▲ 71.7%
Total assets€44,694-€61,738▲ 38.1%€62,826▲ 1.8%€74,548▲ 18.7%
Debt€26,525-€40,918▲ 54.3%€40,308▼ 1.5%€35,889▼ 11.0%
Working capital€14,584-€17,235▲ 18.2%€13,833▼ 19.7%€29,974▲ 117%
Result per fiscal year
Operating resultNet result
€0€5,000€10,000€15,000€20,000Operating result 2018: €8,469€8,469Net result 2018: €7,335€7,335Operating result 2019: €3,810€3,810Net result 2019: €2,651€2,651Operating result 2020: €2,365€2,365Net result 2020: €1,698€1,698Operating result 2021: €17,522€17,522Net result 2021: €16,141€16,1412018201920202021€0€5,000€10,000€15,000€20,000Operating result 2019: €3,810€3,810Net result 2019: €2,651€2,650Operating result 2020: €2,365€2,370Net result 2020: €1,698€1,700Operating result 2021: €17,522€17,500Net result 2021: €16,141€16,100201920202021
The operating result recovers in 2021; 2021 is 641% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €74,548
Fixed assets €11,685 =
Current assets €62,863 ▲ 22.9%
Equity and liabilities €74,548
Equity €38,659 ▲ 71.7%
Debt €35,889 ▼ 11.0%
Debt's share of the balance-sheet total falls from 64.2% to 48.1%. Equity is higher and debt is lower.
Key figures and ratios
2021 value · change against 2020
Current ratio
1.91▲
2020 · 1.37
Quick ratio
1.58▲
2020 · 0.66
Debt to equity
0.93▲
2020 · 0.13
ROE
41.8%▲
2020 · 7.5%
ROA
21.7%▲
2020 · 2.7%
Debt ≤ 1 year
€32,889▼
2020 · €37,308
Debt > 1 year
€3,000=
2020 · €3,000
Income taxes
€370
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 46 lines
Balance sheet Code20202021
Assets
Total assets20/58€62,826€74,548▲
Fixed assets21/28€11,685€11,685=
Financial fixed assets28€11,685€11,685=
Current assets29/58€51,141€62,863▲
Stocks and contracts in progress3€26,370€10,802▼
Stocks30/36-€10,802
Amounts receivable within one year40/41€18,804€16,202▼
Trade receivables40-€12,000
Other amounts receivable41-€4,202
Cash at bank and in hand54/58€5,967€35,859▲
Equity and liabilities
Total equity and liabilities10/49€62,826€74,548▲
Equity10/15€22,518€38,659▲
Contributions10/11€18,600€18,600=
Outside capital11-€18,600
Other1109/19-€18,600
Reserves13€1,860€1,860=
Non-distributable reserves130/1-€1,860
Reserves not available under the articles1311-€1,860
Profit (loss) carried forward14€2,058€18,199▲
Amounts payable17/49€40,308€35,889▼
Amounts payable after more than one year17€3,000€3,000=
Other amounts payable178/9-€3,000
Amounts payable within one year42/48€37,308€32,889▼
Financial debts43-€9,464
Credit institutions430/8-€9,464
Trade debts44€13,680€22,369▲
Suppliers440/4-€22,369
Taxes, remuneration and social security45-€1,056
Taxes450/3-€248
Remuneration and social security454/9-€808
Income statement Code20202021
Turnover70€418,537€388,868▼
Non-recurring operating income76A-€193
Goods, raw materials, services and sundry goods60/61-€527,930
Other operating charges640/8-€593
Non-recurring operating charges66A-€830
Gross operating margin9900€2,861€18,945▲
Operating profit (loss)9901€2,365€17,522▲
Recurring financial income75€44-
Financial charges65/66B-€1,011
Recurring financial charges65€730€1,011▲
Profit (loss) for the period before taxes9903€1,698€16,511▲
Income taxes67/77-€370
Profit (loss) for the period9904€1,698€16,141▲
Profit (loss) for the period to be appropriated9905€1,698€16,141▲
Appropriation of the result
Profit (loss) to be appropriated9906-€18,199
Profit (loss) brought forward from the previous period14P-€2,058

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Turnover70€441,417€478,480€418,537€388,868▼ 7.1%
Non-recurring operating income76A---€193-
Goods, raw materials, services and sundry goods60/61---€527,930-
Other operating charges640/8---€593-
Non-recurring operating charges66A---€830-
Gross operating margin9900€9,105€5,522€2,861€18,945▲ 562%
Operating profit (loss)9901€8,469€3,810€2,365€17,522▲ 641%
Recurring financial income75-€15€44--
Financial charges65/66B---€1,011-
Recurring financial charges65-€1,162€730€1,011▲ 38.5%
Profit (loss) for the period before taxes9903€7,335€2,651€1,698€16,511▲ 872%
Income taxes67/77---€370-
Profit (loss) for the period9904€7,335€2,651€1,698€16,141▲ 851%
Profit (loss) for the period to be appropriated9905€7,335€2,651€1,698€16,141▲ 851%
Line2018201920202021Change
Assets
Total assets20/58€44,694€61,738€62,826€74,548▲ 18.7%
Fixed assets21/28€6,585€6,585€11,685€11,685=
Financial fixed assets28€6,585€6,585€11,685€11,685=
Current assets29/58€38,109€55,153€51,141€62,863▲ 22.9%
Stocks and contracts in progress3€28,199€29,224€26,370€10,802▼ 59.0%
Stocks30/36---€10,802-
Amounts receivable within one year40/41€4,042€16,785€18,804€16,202▼ 13.8%
Trade receivables40---€12,000-
Other amounts receivable41---€4,202-
Cash at bank and in hand54/58€5,868€9,144€5,967€35,859▲ 501%
Equity and liabilities
Total equity and liabilities10/49€44,694€61,738€62,826€74,548▲ 18.7%
Equity10/15€18,169€20,820€22,518€38,659▲ 71.7%
Contributions10/11€18,600€18,600€18,600€18,600=
Outside capital11---€18,600-
Other1109/19---€18,600-
Reserves13€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1---€1,860-
Reserves not available under the articles1311---€1,860-
Profit (loss) carried forward14-€2,291€360€2,058€18,199▲ 784%
Amounts payable17/49€26,525€40,918€40,308€35,889▼ 11.0%
Amounts payable after more than one year17€3,000€3,000€3,000€3,000=
Other amounts payable178/9---€3,000-
Amounts payable within one year42/48€23,525€37,918€37,308€32,889▼ 11.8%
Financial debts43---€9,464-
Credit institutions430/8---€9,464-
Trade debts44€3,505€18,092€13,680€22,369▲ 63.5%
Suppliers440/4---€22,369-
Taxes, remuneration and social security45---€1,056-
Taxes450/3---€248-
Remuneration and social security454/9---€808-
Line2018201920202021Change
Profit (loss) for the period9904€7,335€2,651€1,698€16,141▲ 851%
Operating cash flow (approximation)€7,335€2,651€1,698€16,141▲ 851%
Investment in fixed assets (approximation)-€0-€5,100€0▲ 100%
Change in cash-€3,276-€3,177€29,892▲ 1,041%

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

2022
12-05
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 12 days late
2021
30-09
Financial Highest result since 2018net €16,141 ▲851%
Operating result €17,522, net result €16,141, both a record.
18-03
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
30-09
Financial Weakest financial yearnet €1,698 ▼35.9%
Net result drops to €1,698, the lowest in the series.
30-04
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
27-03
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
16-02
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
28-04
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
08-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 39 days late
2015
06-04
NBB filing Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
8 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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
801 m²
Building footprint
441 m²
Volume, LiDAR
8,413 m³
Parcel 21562A0329/00R012, Brussels · tallest building 22.6 m, ±6 floors. Linked by address, not a title deed.
176 companies at this address See who is registered here
1 establishment unit
AMARS
Manufacture of food products
since 20232.342.035.603
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21562A0329/00R012 Brussels 801 m² 1 · 441 m² 22.6 m · 6 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.

Similar companies · same sector, comparable size

Of 2,342 companies in sector 47621 we hold annual accounts for 1,244. 1,068 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 (pre-2019)
Founded09-09-2013
Fiscal year end30-09
Activities, NACEBEL 2025
47621Retail sale of newspapers and periodicals
92000Gambling and betting activities
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.

Register as of 27 September 2026 · Peppol Directory

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