Summary
AMCOTEC is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €549.4m and a net result of €8.0m. Equity is growing by ~20.7% per year across the filed fiscal years. The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
15 d early
2023
33 d early
2022
12 d early
2021
4 d early
2020
17 d late
2019
43 d early
← 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 15 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% 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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, full schema
In the rankings
#1 company by total assets in Eupen#1 company by equity in Eupen#8 oldest company in Eupen, Finance and insurance sector
Equity
€549.4m▲ 1.5%
2023 · €541.4m
Net result
€8.0m▲ 135%
2023 · €3.4m
Total assets
€553.5m▲ 1.3%
2023 · €546.2m
Solvency
99.2%▲ 0.1pp
2023 · 99.1%
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
Line20202021202220232024
Turnover€11.7m
Operating result-€2.4m▲ 65.3%-€10.1m▼ 322%-€4.3m▲ 57.4%€250,541-€5.2m
Net result-€6.7m€1.3m€228.5m▲ 17,812%€3.4m▼ 98.5%€8.0m▲ 135%
Equity€308.2m▼ 2.1%€309.4m▲ 0.4%€538.0m▲ 73.9%€541.4m▲ 0.6%€549.4m▲ 1.5%
Total assets€318.2m▲ 0.1%€329.0m▲ 3.4%€548.8m▲ 66.8%€546.2m▼ 0.5%€553.5m▲ 1.3%
Debt€10.0m▲ 234%€11.2m▲ 11.9%€8.8m▼ 21.3%€4.8m▼ 45.5%€4.2m▼ 13.2%
Working capital€269.0m▲ 13.0%€230.1m▼ 14.4%€446.5m▲ 94.0%€441.4m▼ 1.1%€449.6m▲ 1.9%
Solvency96.9%▼ 2.2pp94.0%▼ 2.8pp98.0%▲ 4.0pp99.1%▲ 1.1pp99.2%▲ 0.1pp
Staff (FTE)11.8▲ 80.0%2▲ 11.1%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €5.2m after €250,541 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €553.5m
Fixed assets
€99.9m ▼ 0.2%
Current assets
€453.7m ▲ 1.7%
Equity and liabilities €553.5m
Equity
€549.4m ▲ 1.5%
Debt
€4.2m ▼ 13.2%
Debt's share of the balance-sheet total falls from 0.9% to 0.8%. Equity is higher and debt is lower.
Key figures and ratios
ROE
1.5%▲
2023 · 0.6%
ROA
1.4%▲
2023 · 0.6%
Debt ≤ 1 year
€4.1m▼
2023 · €4.8m
Income taxes
€862,794▲
2023 · -€1.3m
Staff costs
€2.3m▲
2023 · €557,736
A ratio outside any meaningful range has been withheld (balance sheet total €553.5m, equity €549.4m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €5,841 | €11,334 | €17.0m | €1.2m | ▼ 93.0% |
| Turnover70 | - | - | - | €11.7m | - | - |
| Other operating income74 | - | €5,841 | €11,334 | €5.4m | €1.2m | ▼ 77.8% |
| Operating charges60/66A | - | €10.1m | €4.3m | €16.8m | €6.4m | ▼ 61.9% |
| Goods for resale, raw materials and consumables60 | - | - | - | €13.2m | - | - |
| Purchases600/8 | - | €12.0m | €1.2m | - | - | - |
| Change in stocks: decrease (increase)609 | - | -€12.0m | -€1.2m | €13.2m | - | - |
| Services and other goods61 | - | €1.3m | €8.5m | €3.4m | €3.5m | ▲ 1.6% |
| Remuneration, social security and pensions62 | - | - | €144,158 | €557,736 | €2.3m | ▲ 316% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,969 | €5,595 | €11,844 | €22,280 | €24,638 | ▲ 10.6% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €8.4m | -€6.4m | -€2.0m | - | - |
| Other operating charges640/8 | - | €350,307 | €2.1m | €1.7m | €569,634 | ▼ 65.5% |
| Gross operating margin9900 | -€2.2m | - | - | - | - | - |
| Operating profit (loss)9901 | -€2.4m | -€10.1m | -€4.3m | €250,541 | -€5.2m | ▼ 2,174% |
| Financial income75/76B | - | €14.0m | €259.0m | €21.1m | €9.8m | ▼ 53.5% |
| Recurring financial income75 | €8.8m | €14.0m | €15.1m | €17.2m | €9.8m | ▼ 43.1% |
| Income from financial fixed assets750 | - | €3.9m | €2.7m | €5.7m | €397,044 | ▼ 93.0% |
| Income from current assets751 | - | - | - | €805,363 | €4.4m | ▲ 448% |
| Other financial income752/9 | - | €10.2m | €12.4m | €10.7m | €5.0m | ▼ 53.4% |
| Non-recurring financial income76B | - | - | €243.9m | €3.9m | - | - |
| Financial charges65/66B | - | €2.6m | €21.8m | €19.3m | -€4.2m | ▼ 122% |
| Recurring financial charges65 | €13.0m | €2.6m | €15.7m | €11.1m | -€4.7m | ▼ 143% |
| Debt charges650 | - | €194,803 | €328,648 | €595,417 | €666 | ▼ 99.9% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | - | €699,604 | €7.0m | -€2.4m | -€7.8m | ▼ 229% |
| Other financial charges652/9 | - | €1.7m | €8.4m | €12.9m | €3.1m | ▼ 76.2% |
| Non-recurring financial charges66B | - | - | €6.1m | €8.1m | €492,965 | ▼ 93.9% |
| Profit (loss) for the period before taxes9903 | -€6.5m | €1.4m | €232.9m | €2.1m | €8.9m | ▲ 327% |
| Income taxes67/77 | €109,680 | €139,799 | €4.4m | -€1.3m | €862,794 | ▲ 165% |
| Taxes670/3 | - | €145,058 | €4.4m | €462,012 | €1.2m | ▲ 152% |
| Tax adjustments and reversals of tax provisions77 | - | €5,258 | €10,403 | €1.8m | €303,217 | ▼ 83.1% |
| Profit (loss) for the period9904 | -€6.7m | €1.3m | €228.5m | €3.4m | €8.0m | ▲ 135% |
| Profit (loss) for the period to be appropriated9905 | -€6.7m | €1.3m | €228.5m | €3.4m | €8.0m | ▲ 135% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €318.2m | €329.0m | €548.8m | €546.2m | €553.5m | ▲ 1.3% |
| Fixed assets21/28 | €49.1m | €87.7m | €93.5m | €100.0m | €99.9m | ▼ 0.2% |
| Tangible fixed assets22/27 | €15,213 | €162,699 | €216,584 | €315,995 | €399,975 | ▲ 26.6% |
| Plant, machinery and equipment23 | - | - | - | €0 | - | - |
| Furniture and vehicles24 | - | €35,022 | €88,907 | €91,282 | €69,262 | ▼ 24.1% |
| Other tangible fixed assets26 | - | €127,677 | €127,677 | €224,713 | €330,713 | ▲ 47.2% |
| Financial fixed assets28 | €49.1m | €87.5m | €93.3m | €99.7m | €99.5m | ▼ 0.2% |
| Affiliated companies280/1 | - | €78.0m | €70.3m | €73.1m | €72.9m | ▼ 0.3% |
| Participating interests280 | - | €39.0m | €33.1m | €35.7m | €35.4m | ▼ 0.8% |
| Amounts receivable281 | - | €39.0m | €37.2m | €37.5m | €37.5m | ▲ 0.1% |
| Companies linked by participating interests282/3 | - | €9.5m | €23.0m | €26.6m | €26.6m | = |
| Participating interests282 | - | €9.5m | €23.0m | €26.6m | €26.6m | = |
| Current assets29/58 | €269.1m | €241.3m | €455.3m | €446.2m | €453.7m | ▲ 1.7% |
| Amounts receivable after more than one year29 | - | - | €7.6m | €10.1m | €3.9m | ▼ 61.4% |
| Other amounts receivable291 | - | - | €7.6m | €10.1m | €3.9m | ▼ 61.4% |
| Stocks and contracts in progress3 | - | €12.0m | €13.2m | - | - | - |
| Stocks30/36 | - | €12.0m | €13.2m | - | - | - |
| Property held for sale35 | - | €12.0m | €13.2m | - | - | - |
| Amounts receivable within one year40/41 | €7,310 | €2,040 | €1.4m | €10.5m | €3.3m | ▼ 69.0% |
| Trade receivables40 | - | - | - | - | €1.5m | - |
| Other amounts receivable41 | - | €2,040 | €1.4m | €10.5m | €1.7m | ▼ 83.4% |
| Current investments50/53 | €182.7m | €207.5m | €155.5m | €403.8m | €428.2m | ▲ 6.0% |
| Other investments51/53 | - | €207.5m | €155.5m | €403.8m | €428.2m | ▲ 6.0% |
| Cash at bank and in hand54/58 | €85.8m | €21.6m | €276.7m | €20.7m | €16.3m | ▼ 21.0% |
| Deferred charges and accrued income490/1 | - | €154,633 | €995,440 | €1.1m | €2.0m | ▲ 80.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €318.2m | €329.0m | €548.8m | €546.2m | €553.5m | ▲ 1.3% |
| Equity10/15 | €308.2m | €309.4m | €538.0m | €541.4m | €549.4m | ▲ 1.5% |
| Contributions10/11 | €5.2m | €5.2m | €5.2m | €5.2m | €5.2m | = |
| Capital10 | - | €5.2m | €5.2m | €5.2m | €5.2m | = |
| Issued capital100 | - | €5.2m | €5.2m | €5.2m | €5.2m | = |
| Reserves13 | €302.5m | €302.5m | €530.5m | €530.5m | €530.5m | = |
| Non-distributable reserves130/1 | - | €521,900 | €521,900 | €521,900 | €521,900 | = |
| Legal reserve130 | - | €521,900 | €521,900 | €521,900 | €521,900 | = |
| Distributable reserves133 | - | €302.0m | €530.0m | €530.0m | €530.0m | = |
| Profit (loss) carried forward14 | €428,537 | €1.7m | €2.2m | €5.6m | €13.6m | ▲ 141% |
| Provisions and deferred taxes16 | - | €8.4m | €2.0m | - | - | - |
| Provisions for liabilities and charges160/5 | - | €8.4m | €2.0m | - | - | - |
| Other liabilities and charges164/5 | - | €8.4m | €2.0m | - | - | - |
| Amounts payable17/49 | €10.0m | €11.2m | €8.8m | €4.8m | €4.2m | ▼ 13.2% |
| Amounts payable after more than one year17 | €9.9m | - | - | - | - | - |
| Amounts payable within one year42/48 | €95,128 | €11.2m | €8.8m | €4.8m | €4.1m | ▼ 14.4% |
| Trade debts44 | €95,118 | €357,244 | €5.6m | €497,644 | €1.5m | ▲ 194% |
| Suppliers440/4 | - | €357,244 | €5.6m | €497,644 | €1.5m | ▲ 194% |
| Taxes, remuneration and social security45 | - | €28,625 | €3.2m | €2.7m | €2.6m | ▼ 3.8% |
| Taxes450/3 | - | €28,625 | €3.2m | €2.7m | €2.6m | ▼ 4.3% |
| Remuneration and social security454/9 | - | - | €15,253 | €21,195 | €32,917 | ▲ 55.3% |
| Other amounts payable47/48 | - | €10.8m | - | €1.6m | €5,520 | ▼ 99.6% |
| Accrued charges and deferred income492/3 | - | - | - | €4,000 | €59,072 | ▲ 1,377% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6.7m | €1.3m | €228.5m | €3.4m | €8.0m | ▲ 135% |
| + Depreciation and write-downs630 | €1,969 | €5,595 | €11,844 | €22,280 | €24,638 | ▲ 10.6% |
| Operating cash flow (approximation) | -€6.7m | €1.3m | €228.6m | €3.4m | €8.0m | ▲ 134% |
| Investment in fixed assets (approximation) | - | -€38.6m | -€5.8m | -€6.5m | €133,869 | ▲ 102% |
| Change in cash | - | -€64.2m | €255.0m | -€256.0m | -€4.4m | ▲ 98.3% |
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
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity doublescurrent ratio 51.71
Current ratio from 21.57 to 51.71; short-term debt falls from €11.2m to €8.8m.
31-12
Financial
Equity above €500mEq €538.0m ▲73.9%
2 profitable years in a row build equity to €538.0m.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €1.3m
Net result €1.3m after one loss-making year.
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 17 days late
2020
31-12
Financial
Weakest financial yearnet -€6.7m
Net result drops to -€6.7m, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 34current ratio 2828.74
Current ratio from 82.17 to 2828.74; short-term debt falls from €2.9m to €95,128.
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
31-12
Financial
Highest result since 2018net €265.3m ▲47,709%
Net result €265.3m, the highest in the series.
31-12
Financial
Liquidity times 728current ratio 82.17
Current ratio from 0.11 to 82.17; short-term debt falls from €8.6m to €2.9m.
31-12
Financial
Equity above €250mEq €314.8m ▲536%
2 profitable years in a row build equity to €314.8m.
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 15 acts read
About the unread acts
We know of 15 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
15 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, Eupen · 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.
Hütte 794700 EupenGround area
2.5 ha
Building footprint
6,482 m²
Volume, LiDAR
61,101 m³
Parcel 71562B0905/00A003, Flanders · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
AMCOTEC NV
since 19962.076.018.051
AMCOTEC
since 20202.304.611.716
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71562B0905/00A003 | Flanders | 2.5 ha | 1 · 6,482 m² | 11.1 m · 3 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.
Recognitions · licences · registrations
Legal Entity Identifier
2138008QKUELOW1K6A39
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Of 24,730 companies in sector 64210 we hold annual accounts for 19,772. 568 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
Founded02-03-1996
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.