AMD
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 15-07-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2025 is a loss of €17,954, smaller than the loss of €26,588 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €5,132 | - | - |
| Financial fixed assets | €1,860 | - | €0 |
| Depreciation and write-downs of the year | €3,917 | €3,940 | €2,415 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €661 | - |
| Remuneration, social security and pensions62 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,917 | €3,940 | €2,415 | ▼ 38.7% |
| Other operating charges640/8 | €1,885 | €1,208 | €1,374 | ▲ 13.7% |
| Gross operating margin9900 | €5,983 | -€21,440 | -€14,164 | ▲ 33.9% |
| Operating profit (loss)9901 | €181 | -€26,588 | -€17,954 | ▲ 32.5% |
| Financial income75/76B | €324 | €90 | €58 | ▼ 36.1% |
| Recurring financial income75 | €324 | €90 | €58 | ▼ 36.1% |
| Financial charges65/66B | €1,352 | €155 | €239 | ▲ 54.4% |
| Recurring financial charges65 | €1,352 | €155 | €239 | ▲ 54.4% |
| Profit (loss) for the period before taxes9903 | -€847 | -€26,653 | -€18,135 | ▲ 32.0% |
| Income taxes67/77 | €0 | - | - | - |
| Profit (loss) for the period9904 | -€847 | -€26,653 | -€18,135 | ▲ 32.0% |
| Profit (loss) for the period to be appropriated9905 | -€847 | -€26,653 | -€18,135 | ▲ 32.0% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €93,061 | €57,813 | €50,648 | ▼ 12.4% |
| Fixed assets21/28 | €12,527 | €8,587 | €4,362 | ▼ 49.2% |
| Tangible fixed assets22/27 | €10,462 | €6,522 | €2,297 | ▼ 64.8% |
| Plant, machinery and equipment23 | €4,128 | €3,102 | €2,075 | ▼ 33.1% |
| Furniture and vehicles24 | €6,333 | €3,420 | €222 | ▼ 93.5% |
| Financial fixed assets28 | €2,065 | €2,065 | €2,065 | = |
| Current assets29/58 | €80,535 | €49,227 | €46,286 | ▼ 6.0% |
| Amounts receivable within one year40/41 | €30,192 | €38,977 | €40,881 | ▲ 4.9% |
| Trade receivables40 | €25,373 | €36,257 | €38,790 | ▲ 7.0% |
| Other amounts receivable41 | €4,819 | €2,720 | €2,091 | ▼ 23.1% |
| Cash at bank and in hand54/58 | €49,997 | €9,887 | €5,182 | ▼ 47.6% |
| Deferred charges and accrued income490/1 | €346 | €363 | €223 | ▼ 38.6% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €93,061 | €57,813 | €50,648 | ▼ 12.4% |
| Equity10/15 | €63,191 | €36,538 | €18,403 | ▼ 49.6% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | €63,038 | €63,038 | €63,038 | = |
| Distributable reserves133 | €63,038 | €63,038 | €63,038 | = |
| Profit (loss) carried forward14 | -€847 | -€27,500 | -€45,636 | ▼ 65.9% |
| Amounts payable17/49 | €29,870 | €21,275 | €32,245 | ▲ 51.6% |
| Amounts payable within one year42/48 | €29,870 | €21,275 | €32,245 | ▲ 51.6% |
| Trade debts44 | €10,417 | €1,294 | €11,663 | ▲ 801% |
| Suppliers440/4 | €10,417 | €1,294 | €11,663 | ▲ 801% |
| Taxes, remuneration and social security45 | €0 | €600 | €1,200 | ▲ 100% |
| Taxes450/3 | €0 | €600 | €0 | ▼ 100% |
| Remuneration and social security454/9 | €0 | - | €1,200 | - |
| Other amounts payable47/48 | €19,453 | €19,381 | €19,383 | = |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€847 | -€26,653 | -€18,135 | ▲ 32.0% |
| + Depreciation and write-downs630 | €3,917 | €3,940 | €2,415 | ▼ 38.7% |
| Operating cash flow (approximation) | €3,070 | -€22,713 | -€15,720 | ▲ 30.8% |
| Investment in fixed assets (approximation) | - | €0 | €1,809 | - |
| Change in cash | - | -€40,110 | -€4,704 | ▲ 88.3% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 4,805 companies had the same profile as AMD has now. Two years later, 88.1% were still going and 2.0% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of AMD itself: 1.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,805 companies, not a prediction for AMD. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.