AMASELO
ActiveSummary
AMASELO has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€27,261) and a net result of -€3,689. Equity is shrinking by ~13.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 9294 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth35=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.23 against 0.25 in 2024; short-term debt: 411.8% and cash: 0.8% of total assets), and equity is negative.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
-317.5%
Return on assets
-43%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€27,261
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 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 · 10 filingsDeviation from the deadline
2025
12 d late
2024
11 d late
2023
26 d late
2022
28 d late
2021
40 d early
2020
30 d late
2019
18 d late
← 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 12 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed 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 monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 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 2025, abbreviated schema
In the rankings
#9 oldest company in Arlon, Real estate sector
Turnover
€15,304▼ 57.5%
2019 · €36,040
EBIT margin
25.3%▼ 35.1pp
2019 · 60.4%
Net result
-€3,689▲ 17.0%
2024 · -€4,444
Working capital
-€27,401▼ 14.3%
2024 · -€23,972
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€11,996▲ 210%-€12,306-€8,890▲ 27.8%-€4,674▲ 47.4%-€3,551▲ 24.0%
Net result€11,897within the sector's middle half▲ 236%-€12,301within the sector's middle half-€8,955within the sector's middle half▲ 27.2%-€4,444within the sector's middle half▲ 50.4%-€3,689within the sector's middle half▲ 17.0%
EBIT margin
Equity€2,127below the sector's middle half-€10,174below the sector's middle half-€19,129below the sector's middle half▼ 88.0%-€23,572below the sector's middle half▼ 23.2%-€27,261below the sector's middle half▼ 15.6%
Total assets€19,592below the sector's middle half▼ 8.5%€11,724below the sector's middle half▼ 40.2%€9,082below the sector's middle half▼ 22.5%€8,984below the sector's middle half▼ 1.1%€8,587below the sector's middle half▼ 4.4%
Debt€17,465▼ 44.0%€21,898▲ 25.4%€28,210▲ 28.8%€32,556▲ 15.4%€35,848▲ 10.1%
Working capital€2,069-€11,891-€20,081▼ 68.9%-€23,972▼ 19.4%-€27,401▼ 14.3%
Solvency10.9%within the sector's middle half▲ 56.5pp-86.8%below the sector's middle half▼ 97.6pp-210.6%below the sector's middle half▼ 123.8pp-262.4%below the sector's middle half▼ 51.8pp-317.5%below the sector's middle half▼ 55.1pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3,551 in 2025 against €4,674 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8,205
Fixed assets
€248 ▼ 39.8%
Current assets
€7,956 ▲ 0.2%
Key figures and ratios
EBITDA
-€3,137▲
2024 · -€4,260
Cash flow
-€3,275▲
2024 · -€4,030
Current ratio
0.23▼
2024 · 0.25
Debt to equity
-1.31▲
2024 · -1.38
ROA
-43.0%▲
2024 · -49.5%
Interest coverage
-22.77▲
2024 · -60.16
Debt ≤ 1 year
€35,357▲
2024 · €31,911
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,640 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.1%
went bankrupt
9.9%
stopped otherwise
84%
still going
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.7% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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 6,640 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €155 | €410 | €459 | €414 | €414 | = |
| Other operating charges640/8 | €469 | €1,656 | €384 | €384 | €403 | ▲ 4.7% |
| Gross operating margin9900 | €12,619 | -€10,240 | -€8,046 | -€3,876 | -€2,734 | ▲ 29.4% |
| Operating profit (loss)9901 | €11,996 | -€12,306 | -€8,890 | -€4,674 | -€3,551 | ▲ 24.0% |
| Financial income75/76B | €40 | €73 | €0 | €301 | €0 | ▼ 100% |
| Recurring financial income75 | €40 | €73 | €0 | €301 | €0 | ▼ 100% |
| Financial charges65/66B | €138 | €69 | €65 | €71 | €138 | ▲ 94.6% |
| Recurring financial charges65 | €138 | €69 | €65 | €71 | €138 | ▲ 94.6% |
| Profit (loss) for the period before taxes9903 | €11,897 | -€12,301 | -€8,955 | -€4,444 | -€3,689 | ▲ 17.0% |
| Profit (loss) for the period9904 | €11,897 | -€12,301 | -€8,955 | -€4,444 | -€3,689 | ▲ 17.0% |
| Profit (loss) for the period to be appropriated9905 | €11,897 | -€12,301 | -€8,955 | -€4,444 | -€3,689 | ▲ 17.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €19,592 | €11,724 | €9,082 | €8,984 | €8,587 | ▼ 4.4% |
| Formation expenses20 | - | €1,131 | €882 | €632 | €382 | ▼ 39.5% |
| Fixed assets21/28 | €259 | €786 | €576 | €412 | €248 | ▼ 39.8% |
| Tangible fixed assets22/27 | €179 | €706 | €496 | €332 | €168 | ▼ 49.3% |
| Furniture and vehicles24 | €179 | €706 | €496 | €332 | €168 | ▼ 49.3% |
| Financial fixed assets28 | €80 | €80 | €80 | €80 | €80 | = |
| Current assets29/58 | €19,333 | €9,807 | €7,624 | €7,939 | €7,956 | ▲ 0.2% |
| Amounts receivable within one year40/41 | €8,143 | €7,695 | €7,591 | €7,891 | €7,891 | = |
| Trade receivables40 | €7,995 | €7,695 | €7,591 | €7,891 | €7,891 | = |
| Other amounts receivable41 | €148 | €0 | - | - | - | - |
| Cash at bank and in hand54/58 | €11,190 | €2,112 | €33 | €48 | €65 | ▲ 35.8% |
| Deferred charges and accrued income490/1 | €0 | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €19,592 | €11,724 | €9,082 | €8,984 | €8,587 | ▼ 4.4% |
| Equity10/15 | €2,127 | -€10,174 | -€19,129 | -€23,572 | -€27,261 | ▼ 15.6% |
| Contributions10/11 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Reserves13 | €2,883 | €2,883 | €2,883 | €2,883 | €2,883 | = |
| Non-distributable reserves130/1 | €1,859 | €0 | - | - | - | - |
| Reserves not available under the articles1311 | €1,859 | €0 | - | - | - | - |
| Tax-exempt reserves132 | €1,024 | €1,024 | €1,024 | €1,024 | €1,024 | = |
| Distributable reserves133 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | -€6,953 | -€19,254 | -€28,209 | -€32,653 | -€36,341 | ▼ 11.3% |
| Amounts payable17/49 | €17,465 | €21,898 | €28,210 | €32,556 | €35,848 | ▲ 10.1% |
| Amounts payable within one year42/48 | €17,264 | €21,698 | €27,705 | €31,911 | €35,357 | ▲ 10.8% |
| Current portion of amounts payable after more than one year42 | €0 | - | - | - | - | - |
| Trade debts44 | - | - | €424 | €0 | - | - |
| Suppliers440/4 | - | - | €424 | €0 | - | - |
| Taxes, remuneration and social security45 | €0 | €299 | €0 | - | - | - |
| Taxes450/3 | €0 | €299 | €0 | - | - | - |
| Other amounts payable47/48 | €17,264 | €21,399 | €27,281 | €31,911 | €35,357 | ▲ 10.8% |
| Accrued charges and deferred income492/3 | €200 | €200 | €505 | €645 | €490 | ▼ 23.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,897 | -€12,301 | -€8,955 | -€4,444 | -€3,689 | ▲ 17.0% |
| + Depreciation and write-downs630 | €155 | €410 | €459 | €414 | €414 | = |
| Operating cash flow (approximation) | €12,052 | -€11,891 | -€8,496 | -€4,030 | -€3,275 | ▲ 18.7% |
| Investment in fixed assets (approximation) | - | -€937 | -€250 | -€250 | -€250 | = |
| Change in cash | - | -€9,078 | -€2,079 | €15 | €17 | ▲ 17.1% |
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 2026, expected by
2026
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 12 days late
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 11 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 26 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 28 days late
2022
31-12
Financial
Weakest financial yearnet -€12,301
Net result drops to -€12,301, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 18 days late
2019
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 7 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 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, Arlon · 2 establishment units since 1996
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Schoppach,avenue du Bois-d'Arlon 556700 ArlonGround area
7,678 m²
Building footprint
1,569 m²
Parcel 81001A0067/00N000, Wallonia. Linked by address, not a title deed.
2 establishment units
Schoppach,avenue du Bois-d'Arlon 55, 6700 Arlon
since 19962.074.759.526
Place Schalbert -, 6700 Arlon
since 20102.203.849.205
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 81001A0067/00N000 | Wallonia | 7,677 m² | 1 · 1,569 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 12,042 companies in sector 68203 we hold annual accounts for 5,995. 552 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
Founded26-12-1995
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0456869109
Also
9925:BE0456869109
Registered
06-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.