AMCO · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of AMCO is 0.9% (low). The 2025 annual accounts show negative equity (€-213k) and a net result of €7k. Equity is growing by ~2.6% per year across the filed fiscal years. The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 8 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.9% Low

0%0,5%1,5%4%10%≥25%

No NACE activity registered +Long track record −Lower-risk legal form −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Filing behaviour

From the deposit records, complete market-wide

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 08-04-2026, 22 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

The next deadline is still running

The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.

How we compute the deadline

The year end is derived from 10 filed financial years, each closing on 30-09. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-09-2025, that is 30-04-2026.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
30-09-2025	30-04-2026	08-04-2026	22 d early	2026-00077326
30-09-2024	30-04-2025	20-03-2025	41 d early	2025-00051842
30-09-2023	30-04-2024	20-03-2024	41 d early	2024-00047223
30-09-2022	30-04-2023	07-03-2023	54 d early	2023-00037204
30-09-2021	30-04-2022	23-03-2022	38 d early	2022-08300272
30-09-2020	30-04-2021	24-03-2021	37 d early	2021-08300439
30-09-2019	30-04-2020	16-03-2020	45 d early	2020-06700336
30-09-2018	30-04-2019	25-03-2019	36 d early	2019-07700548
30-09-2017	30-04-2018	12-03-2018	49 d early	2018-06600350
30-09-2016	30-04-2017	27-03-2017	34 d early	2017-07200498

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Long-established

Founded in 2003, 23 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€7k

Working capital€-242k+11.4%

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 08-04-2026 with the NBB · fiscal year 2025 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Net result: growth of ~34.4%/year over 8 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

EBITDA

€31k

+73.9% 18-25

Net profit

€7k

- 18-25

Cash flow

€31k

+74.0% 18-25

Total assets

€307k

-6.9% 18-25

Equity

€-213k

+3.0% 18-25

Working capital

€-242k

+11.4% 18-25

Debt

€520k

-5.3% 18-25

Debt ≤ 1y

€246k

-10.6% 18-25

Show 8 other metrics

Debt > 1y

€274k

0.0% 18-25

Current ratio

0.02

+119.6% 18-25

Quick ratio

0.02

+119.6% 18-25

Solvency

-69.2%

-4.2% 18-25

Debt / equity

-2.44

+2.4% 18-25

ROE

-3.1%

- 18-25

ROA

2.1%

- 18-25

Interest coverage

718.39

+55.9% 18-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	micro
Revenue	-
EBITDA	€31k
Net profit	€7k
Cash flow	€31k
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€307k
Equity	€-213k
Debt	€520k
of which ≤ 1y	€246k
of which > 1y	€274k
Working capital	€-242k
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	0.02
Quick ratio	0.02
Working capital ratio	-78.8%
Solvency	-69.2%
Debt / equity	-2.44
Long-term debt ratio	-1.29
Interest coverage	718.39
Gross margin	-
Net margin	-
ROA	2.1%
ROE	-3.1%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €303k · 98.7% Current assets €4k · 1.3%

Full annual accounts (19 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€307k
Fixed assets	21/28	€303k
Tangible fixed assets	22/27	€303k
Current assets	29/58	€4k
Cash & bank	54/58	€4k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€307k
Equity	10/15	€-213k
Contributions / capital	10/11	€62k
Accumulated profits (losses)	14	€-275k
Amounts payable	17/49	€520k
Amounts payable after one year	17	€274k
Amounts payable within one year	42/48	€246k
Trade debts payable within one year	44	€469
Income statement
Gross operating margin	9900	€34k
Operating result	9901	€7k
Financial charges	65	€44
Result before taxes	9903	€7k
Net result for the period	9904	€7k
Result to be appropriated	9905	€7k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

16 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Directors

Directors & mandates

under verification

Directors derived from a single State Gazette act, under verification

All 3 current directors first appear in the same act (22388098). Founders or capital subscribers may have been counted as directors here; the real board composition is being verified.

Current directors & mandates

Alex Coddens
Director
State Gazette act 22388098 (28-12-2022)

Current
28-12-2022 → present
2 events
- 28-12-2022 Resigned· Director
- 28-12-2022 Appointed· Director
Els Coddens
Director
State Gazette act 22388098 (28-12-2022)

Current
28-12-2022 → present
2 events
- 28-12-2022 Resigned· Director
- 28-12-2022 Appointed· Director
Monique Muyldermans
Director
State Gazette act 22388098 (28-12-2022)

Current
28-12-2022 → present
2 events
- 28-12-2022 Resigned· Director
- 28-12-2022 Appointed· Director

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary	-
Legal form	Public limited company(014)
Incorporation	09-05-2003
Status	Active
Postal code	3090

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

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.

Rozierensesteenweg 373090 Overijse

Establishment units

1 location

AMCO

Rozierensesteenweg 37, 3090 OverijseGroothandel in auto's en lichte bestelwagens (= 3,5 ton)

since 20032.132.310.022

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area1,013 m²

Buildings1

Building footprint217 m²

Volume (LiDAR)1,275 m³

Tallest building8.8 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23543I0186/00P002	Flanders	1,013 m²	1 · 217 m²	8.8 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts

All acts · 1 updated 3 years ago

2022

28-12-2022 4 directors appointed, 3 resigning Director changes·Hélène Goret

Alex Coddens, Bestuurder
Monique Muyldermans, Bestuurder
Els Coddens, Bestuurder
Monique Muyldermans, Gedelegeerd bestuurder
Alex Coddens, Bestuurder
Monique Muyldermans, Bestuurder
Els Coddens, Bestuurder

Notary: Hélène Goret · Overijse

Original publication ↗

Analysis

Financial profile

5 of 5 axes measured

45 / 100

Mixed profile: strong on stability, weaker on profitability.

All 5 axes are computed from data Checked has read.

Health 16

Profitability 0

Solvency 33

Growth 78

Stability 100

Credit advice

verdict per customer and amount

Company registry

Company registry (CBE)

Crossroads Bank

Names & trade names

Legal nameNL

AMCO

Registered office

Rozierensesteenweg 37

3090 Overijse, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.