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Complete company report
Generated 31-07-2026
Active BE 0753.616.853Public limited company

AMCovering

De Bosmier 12 ·8710 Wielsbeke, Belgium· 5 yrs active
Sector: Joinery (43320)
Conclusion Checked

The computed 12-month bankruptcy probability of AMCovering is 1.9% (moderate). The 2025 annual accounts show equity of €302k and a net result of €-185k. Its solvency ranks better than 17% of 2862 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €302k
Net result €-185k
Better than sector 17%
Active 5 yrs
Snowflake analysis 5 axes · computed by Checked
Health13Profitability0Solvency9Growth78Stability94
39 / 100

Fragile profile, watch profitability in particular.

Health 13
Profitability 0
Solvency 9
Growth 78
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
1.9% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Lower-risk legal form −

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

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2025 · computed
13 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview4 NBB filings
Annual accounts filed on 28-01-2026 with the NBB · fiscal year 2025 · micro
€-300k€-200k€-100k€0Operating result 2023: €-246k€-246kNet result 2023: €-246k€-246kOperating result 2025: €-185k€-185kNet result 2025: €-185k€-185k20232025
Operating resultNet result
Sector comparison
Fiscal year 2025 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 12.9% 43.4%
better than 17% of 2862 sector peers
Net result €-185k €14k
better than 5% of 2861 sector peers
Equity €302k €44k
better than 95% of 2862 sector peers
Gross operating margin €-87k €39k
better than 5% of 2859 sector peers
Total assets €2.34M €115k
better than 95% of 2862 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€-92k
+45.8% far below sector median
Net profit
€-185k
+24.8% far below sector median
Cash flow
€-93k
+45.5% far below sector median
Total assets
€2.34M
+30.5% far above sector median
Equity
€302k
- +208% vs sector
Working capital
€-956k
+40.5% far below sector median
Debt
€2.04M
0.0% far above sector median
Debt ≤ 1y
€2.04M
0.0% far above sector median
Current ratio
0.53
+151.0% -90% vs sector
Quick ratio
0.47
+222.2% -91% vs sector
Solvency
12.9%
- -78% vs sector
Debt / equity
6.76
- far above sector median
ROE
-61.4%
- far below sector median
ROA
-7.9%
+42.4% far below sector median
Interest coverage
-145.67
+79.4% far below sector median
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA€-92k
Net profit€-185k
Cash flow€-93k
Staff costs-
Income taxes-
Dividends-
Total assets€2.34M
Equity€302k
Debt€2.04M
of which ≤ 1y€2.04M
of which > 1y-
Working capital€-956k
Employees (FTE)-
Ratios (computed)
2025
Current ratio0.53
Quick ratio0.47
Working capital ratio-40.8%
Solvency12.9%
Debt / equity6.76
Long-term debt ratio-
Interest coverage-145.67
Gross margin-
Net margin-
ROA-7.9%
ROE-61.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€2.34M
Fixed assets 21/28€1.26M
Tangible fixed assets 22/27€1.26M
Current assets 29/58€1.08M
Stocks & contracts in progress 3€128k
Amounts receivable within one year 40/41€4k
Cash & bank 54/58€924k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€2.34M
Equity 10/15€302k
Contributions / capital 10/11€1.40M
Accumulated profits (losses) 14€-1.10M
Amounts payable 17/49€2.04M
Amounts payable within one year 42/48€2.04M
Trade debts payable within one year 44€6k
Income statement
Gross operating margin 9900€-87k
Operating result 9901€-185k
Financial income 75€1
Financial charges 65€633
Result before taxes 9903€-185k
Net result for the period 9904€-185k
Result to be appropriated 9905€-185k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Joinery(43320)
Legal form Public limited company(014)
Incorporation02-09-2020
StatusActive
Postal code8710
Establishment units 1 location
AMCovering
De Bosmier 12, 8710 WielsbekeZagen, schaven en machinaal bewerken van hout.
since 20202.306.472.928
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

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.
37017A0708/00K000 Flanders 1,792 m² 1 · 1,439 m² 11.0 m · 3 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.
Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
28-01-2026
NBB filing Annual accounts filed
fiscal year 2025 · micro
2025
21-01-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
29-01-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
29-01-2024
State Gazette act Capital & shares
Henk Dekiere
2023
31-01-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
Belgisch Staatsblad, acts 1 acts
Capital history · 1
29-01-2024
Capital change
All acts · 1 updated 2 years ago
2024
29-01-2024 Capital increase of €1,000,000 to €1,400,000 Capital & shares·Henk Dekiere
  • €400.000 → €1.400.000
  • Inbreng in geld · Apport en numéraire
Notary: Henk Dekiere · Oostrozebeke
Technical details 
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    },
    {
      "kind": "capital_increase",
      "after_eur": 1400000.0,
      "delta_eur": 1000000.0,
      "before_eur": 400000.0,
      "share_emission": {
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        "share_class": null,
        "n_new_shares": 2500,
        "with_new_shares": true,
        "nominal_value_eur": null,
        "issue_price_per_share_eur": 400.0
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      "contribution_type": "geld",
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      "statutory_unavailable_equity_op": null
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  ],
  "notary": {
    "name": "Henk Dekiere",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Oostrozebeke",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-01-29",
    "filing_date": "2024-01-24",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "act_date": "2023-12-28",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": null
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0753.616.853",
    "name_full": "AMCovering",
    "legal_form": "Naamloze vennootschap",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "afschrift akte statutenwijziging",
    "geco\u00F6rdineerde statuten",
    "verslag bestuursorgaan"
  ],
  "shareholders_after": [],
  "share_classes_after": [
    {
      "n_shares": 3500,
      "class_name": "kapitaalaandelen",
      "capital_share_eur": 1400000.0,
      "voting_rights_per_share": 1.0
    }
  ]
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Schrijnwerk43320Schrijnwerk43320
Primary activity highlighted.
Names & trade names
Legal nameNL AMCovering
Registered office
De Bosmier 12
8710 Wielsbeke, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative