AMBROGIO
ActiveSummary
AMBROGIO has been active since 1969 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €6.1m and a net result of -€39,777. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 69% of 1860 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability61▼-7
Solvency82▲+2
Growth50=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €420,000 at 30 days acceptable
Liquidity ample (current ratio 2.14 against 2.2 in 2023; short-term debt: 8.8% and cash: 0.3% of total assets), and 42.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
36 d early
2022
35 d early
2021
37 d early
2020
31 d late
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 15 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
In the rankings
#1 oldest company in Mechelen, Transport and storage sector#3 company by equity in Mechelen, Transport and storage sector#4 company by total assets in Mechelen, Transport and storage sector
Turnover
€5.7m▲ 6.1%
2022 · €5.3m
EBIT margin
2.0%▼ 0.3pp
2022 · 2.4%
Net result
-€39,777
2023 · €1,122
Working capital
€1.1m▼ 25.3%
2023 · €1.4m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, 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
Line20202021202220232024
Turnover€5.0m▲ 1.9%€5.1m▲ 3.2%€5.3m▲ 3.9%€5.7m▲ 6.1%
Operating result€71,923▲ 0.1%€65,086▼ 9.5%€125,258▲ 92.4%€114,368▼ 8.7%€131,852▲ 15.3%
Net result€31,160within the sector's middle half▲ 73.8%€39,398within the sector's middle half▲ 26.4%€86,515within the sector's middle half▲ 120%€1,122within the sector's middle half▼ 98.7%-€39,777below the sector's middle half
EBIT margin1.4%=1.3%▼ 0.2pp2.4%▲ 1.1pp2.0%▼ 0.3pp
Equity€6.1mabove the sector's middle half▲ 0.5%€6.1mabove the sector's middle half▲ 0.7%€6.2mabove the sector's middle half▲ 1.4%€6.2mabove the sector's middle half=€6.1mabove the sector's middle half▼ 0.6%
Total assets€6.9mabove the sector's middle half▲ 2.1%€7.0mabove the sector's middle half▲ 2.3%€6.9mabove the sector's middle half▼ 1.7%€11.2mabove the sector's middle half▲ 62.1%€10.7mabove the sector's middle half▼ 4.9%
Debt€838,240▲ 15.0%€958,568▲ 14.4%€749,803▼ 21.8%€5.0m▲ 574%€4.5m▼ 10.1%
Working capital€973,054above the sector's middle half▲ 10.4%€1.2mabove the sector's middle half▲ 25.9%€1.7mabove the sector's middle half▲ 36.7%€1.4mabove the sector's middle half▼ 14.7%€1.1mabove the sector's middle half▼ 25.3%
Solvency87.8%above the sector's middle half▼ 1.4pp86.4%above the sector's middle half▼ 1.4pp89.2%above the sector's middle half▲ 2.8pp55.0%within the sector's middle half▼ 34.2pp57.5%within the sector's middle half▲ 2.5pp
Current ratio2.16within the sector's middle half▼ 0.102.57above the sector's middle half▲ 0.413.43above the sector's middle half▲ 0.862.20above the sector's middle half▼ 1.242.14within the sector's middle half▼ 0.06
Return on assets (ROA)0.5%within the sector's middle half▲ 0.2pp0.6%within the sector's middle half▲ 0.1pp1.2%within the sector's middle half▲ 0.7pp0.0%below the sector's middle half▼ 1.2pp-0.4%below the sector's middle half▼ 0.4pp
Staff (FTE)46.5within the sector's middle half▲ 5.2%47.6within the sector's middle half▲ 2.4%45.7within the sector's middle half▼ 4.0%44.2within the sector's middle half▼ 3.3%43.3above the sector's middle half▼ 2.0%
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 15% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €10.7m
Fixed assets
€8.7m ▲ 0.8%
Current assets
€2.0m ▼ 23.6%
Equity and liabilities €10.7m
Equity
€6.1m ▼ 0.6%
Debt
€4.5m ▼ 10.1%
Debt's share of the balance-sheet total falls from 45.0% to 42.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€881,318▲
2023 · €677,311
Cash flow
€709,688▲
2023 · €564,065
Quick ratio
2.02▼
2023 · 2.08
Debt to equity
0.74▼
2023 · 0.82
ROE
-0.6%▼
2023 · 0.0%
Interest coverage
5.15▼
2023 · 6.52
Debt ≤ 1 year
€934,698▼
2023 · €1.2m
Debt > 1 year
€3.6m▼
2023 · €3.9m
Income taxes
€852▲
2023 · -€4,299
Staff costs
€2.8m▼
2023 · €2.9m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,616 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 0.6% 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 497,662 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% | 1.7% |
| 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 75% 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 8,616 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €5.0m | €5.3m | €5.6m | €5.9m | - | - |
| Turnover70 | €5.0m | €5.1m | €5.3m | €5.7m | - | - |
| Other operating income74 | €52,750 | €110,176 | €259,680 | €213,787 | - | - |
| Non-recurring operating income76A | €2,500 | €20,078 | €823 | €2,165 | €2,991 | ▲ 38.1% |
| Operating charges60/66A | €4.9m | €5.2m | €5.5m | €5.8m | - | - |
| Goods for resale, raw materials and consumables60 | €112,431 | €57,582 | €371,782 | €325,015 | - | - |
| Purchases600/8 | - | €79,378 | €365,220 | €332,706 | - | - |
| Change in stocks: decrease (increase)609 | €8,743 | -€21,796 | €6,562 | -€7,691 | - | - |
| Services and other goods61 | €1.4m | €1.5m | €1.4m | €1.7m | - | - |
| Remuneration, social security and pensions62 | €2.7m | €2.8m | €2.8m | €2.9m | €2.8m | ▼ 0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €514,312 | €604,738 | €609,045 | €562,943 | €749,466 | ▲ 33.1% |
| Other operating charges640/8 | €196,772 | €150,112 | €217,398 | €281,898 | €167,478 | ▼ 40.6% |
| Non-recurring operating charges66A | €660 | €643 | €2,912 | €428 | €0 | ▼ 100% |
| Gross operating margin9900 | - | - | - | - | €3.9m | - |
| Operating profit (loss)9901 | €71,923 | €65,086 | €125,258 | €114,368 | €131,852 | ▲ 15.3% |
| Financial income75/76B | - | €1,958 | €32 | €225 | €299 | ▲ 33.1% |
| Recurring financial income75 | €6,711 | €1,958 | €32 | €225 | €299 | ▲ 33.1% |
| Income from current assets751 | €3,407 | €0 | - | - | - | - |
| Other financial income752/9 | €3,304 | €1,958 | €32 | €225 | - | - |
| Financial charges65/66B | €7,990 | €11,061 | €21,327 | €117,770 | €171,076 | ▲ 45.3% |
| Recurring financial charges65 | €7,990 | €11,061 | €21,327 | €117,770 | €171,076 | ▲ 45.3% |
| Debt charges650 | €3,728 | €6,303 | €16,862 | €103,884 | - | - |
| Other financial charges652/9 | €4,262 | €4,758 | €4,465 | €13,886 | - | - |
| Profit (loss) for the period before taxes9903 | €70,644 | €55,983 | €103,963 | -€3,177 | -€38,925 | ▼ 1,125% |
| Income taxes67/77 | €39,484 | €16,584 | €17,448 | -€4,299 | €852 | ▲ 120% |
| Taxes670/3 | €39,484 | €23,250 | €37,857 | €751 | - | - |
| Tax adjustments and reversals of tax provisions77 | - | €6,665 | €20,410 | €5,050 | - | - |
| Profit (loss) for the period9904 | €31,160 | €39,398 | €86,515 | €1,122 | -€39,777 | ▼ 3,644% |
| Profit (loss) for the period to be appropriated9905 | €31,160 | €39,398 | €86,515 | €1,122 | -€39,777 | ▼ 3,644% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.9m | €7.0m | €6.9m | €11.2m | €10.7m | ▼ 4.9% |
| Fixed assets21/28 | €5.1m | €5.0m | €4.6m | €8.6m | €8.7m | ▲ 0.8% |
| Tangible fixed assets22/27 | €5.1m | €5.0m | €4.5m | €8.6m | €8.7m | ▲ 0.8% |
| Land and buildings22 | €3.6m | €3.5m | €3.3m | €2.4m | €2.3m | ▼ 4.0% |
| Plant, machinery and equipment23 | €318,737 | €330,952 | €276,004 | €219,560 | €167,360 | ▼ 23.8% |
| Furniture and vehicles24 | €705,220 | €682,200 | €472,009 | €380,034 | €756,198 | ▲ 99.0% |
| Leasing and similar rights25 | €222,032 | €250,551 | €169,634 | €2.6m | €2.4m | ▼ 7.0% |
| Other tangible fixed assets26 | €171,816 | €230,314 | €281,100 | €3.0m | €3.0m | ▲ 0.8% |
| Assets under construction and advance payments27 | - | €0 | - | - | - | - |
| Financial fixed assets28 | €20,653 | €20,653 | €19,978 | €19,878 | €18,563 | ▼ 6.6% |
| Other financial fixed assets284/8 | €20,653 | €20,653 | €19,978 | €19,878 | - | - |
| Shares284 | €2,404 | €2,404 | €2,404 | €2,404 | - | - |
| Amounts receivable and cash guarantees285/8 | €18,249 | €18,248 | €17,573 | €17,473 | - | - |
| Current assets29/58 | €1.8m | €2.0m | €2.4m | €2.6m | €2.0m | ▼ 23.6% |
| Stocks and contracts in progress3 | €122,345 | €144,141 | €137,579 | €145,270 | €110,724 | ▼ 23.8% |
| Stocks30/36 | €122,345 | €144,141 | €137,579 | €145,270 | €110,724 | ▼ 23.8% |
| Goods purchased for resale34 | €122,345 | €144,141 | €137,579 | €145,270 | - | - |
| Amounts receivable within one year40/41 | €1.6m | €1.8m | €2.1m | €2.2m | €1.8m | ▼ 18.2% |
| Trade receivables40 | €1.4m | €1.6m | €1.9m | €2.1m | €1.7m | ▼ 19.9% |
| Other amounts receivable41 | €151,977 | €178,180 | €154,420 | €143,821 | €153,669 | ▲ 6.8% |
| Cash at bank and in hand54/58 | €85,296 | €21,450 | €114,570 | €216,441 | €27,467 | ▼ 87.3% |
| Deferred charges and accrued income490/1 | €30,865 | €19,987 | €26,916 | €23,217 | €33,622 | ▲ 44.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.9m | €7.0m | €6.9m | €11.2m | €10.7m | ▼ 4.9% |
| Equity10/15 | €6.1m | €6.1m | €6.2m | €6.2m | €6.1m | ▼ 0.6% |
| Contributions10/11 | €7.0m | €7.0m | €7.0m | €7.0m | €7.0m | = |
| Capital10 | €7.0m | €7.0m | €7.0m | €7.0m | €7.0m | = |
| Issued capital100 | €7.0m | €7.0m | €7.0m | €7.0m | €7.0m | = |
| Revaluation surpluses12 | €341,322 | €341,322 | €341,322 | €341,322 | €341,322 | = |
| Reserves13 | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Non-distributable reserves130/1 | €291,079 | €291,079 | €291,079 | €291,079 | €291,079 | = |
| Legal reserve130 | €226,716 | €226,716 | €226,716 | €226,716 | €226,716 | = |
| Reserves not available under the articles1311 | - | €64,363 | - | - | - | - |
| Other1319 | €64,363 | - | €64,363 | €64,363 | €64,363 | = |
| Tax-exempt reserves132 | €767,472 | €767,472 | €767,472 | €767,472 | €767,472 | = |
| Profit (loss) carried forward14 | -€2.3m | -€2.3m | -€2.2m | -€2.2m | -€2.3m | ▼ 1.8% |
| Amounts payable17/49 | €838,240 | €958,568 | €749,803 | €5.0m | €4.5m | ▼ 10.1% |
| Amounts payable after more than one year17 | - | €179,542 | €61,748 | €3.9m | €3.6m | ▼ 6.6% |
| Financial debts170/4 | - | €179,542 | €61,748 | €3.9m | €3.6m | ▼ 6.6% |
| Leasing and similar obligations172 | - | €67,042 | €38,662 | €2.1m | - | - |
| Credit institutions173 | - | €112,500 | €23,086 | €1.8m | - | - |
| Amounts payable within one year42/48 | €838,240 | €779,026 | €688,055 | €1.2m | €934,698 | ▼ 21.6% |
| Current portion of amounts payable after more than one year42 | €28,080 | €27,287 | €118,660 | €567,854 | €348,113 | ▼ 38.7% |
| Trade debts44 | €404,865 | €487,160 | €337,018 | €369,893 | €343,160 | ▼ 7.2% |
| Suppliers440/4 | €404,865 | €487,160 | €337,018 | €369,893 | €343,160 | ▼ 7.2% |
| Advances received on contracts in progress46 | - | €10,064 | €0 | - | - | - |
| Taxes, remuneration and social security45 | €405,295 | €254,515 | €232,376 | €254,802 | €243,425 | ▼ 4.5% |
| Taxes450/3 | €58,758 | €278 | €0 | - | - | - |
| Remuneration and social security454/9 | €346,537 | €254,237 | €232,376 | €254,802 | €243,425 | ▼ 4.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €31,160 | €39,398 | €86,515 | €1,122 | -€39,777 | ▼ 3,644% |
| + Depreciation and write-downs630 | €514,312 | €604,738 | €609,045 | €562,943 | €749,466 | ▲ 33.1% |
| Operating cash flow (approximation) | €545,472 | €644,136 | €695,560 | €564,065 | €709,688 | ▲ 25.8% |
| Investment in fixed assets (approximation) | - | -€572,100 | -€128,240 | -€4.6m | -€818,717 | ▲ 82.2% |
| Change in cash | - | -€63,847 | €93,121 | €101,871 | -€188,974 | ▼ 286% |
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
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet -€39,777
Net result drops to -€39,777, the lowest in the series.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €86,515 ▲120%
Net result €86,515, the highest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 2.26
Current ratio from 1.01 to 2.26; short-term debt falls from €1.6m to €700,487.
31-12
Financial
Equity above €5mEq €6.0m ▲501%
2 profitable years in a row build equity to €6.0m.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
21-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 14 acts read
About the unread acts
We know of 14 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
14 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, Mechelen · 1 establishment unit since 1979
Ground area
606 m²
Building footprint
127 m²
Volume, LiDAR
1,033 m³
2 parcels, Flanders · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Leuvensesteenweg(MZN) 99, 2812 Mechelen
since 19792.016.136.981
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12409A0318/00H008 | Flanders | 527 m² | 1 · 74 m² | 9.4 m · 3 fl. |
| 12409D0105/00M000indicative | Flanders | 79 m² | 1 · 53 m² | 9.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 15,032 EUR awarded · 15,123 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 783 EUR | 950 EUR |
| 2024 | 2 | 8,900 EUR | 8,699 EUR |
| 2023 | 2 | 4,375 EUR | 5,474 EUR |
| 2022 | 1 | 974 EUR | 0 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteMechelen2.016.136.981
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Of 12,584 companies in sector 49410 we hold annual accounts for 8,203. 1,536 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded29-12-1969
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID
0208:0404811385
Also
9925:BE0404811385
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.