AMD Services
Open bankruptcyA bankruptcy procedure is open for AMD Services according to publications in the Belgian Official Gazette; trustee: Bernard Grofils.
Summary
The file additionally contains 3 judicial reorganisation notices. The 2024 annual accounts show negative equity (-€26,782) and a net result of -€176,270.
Financials · financial year 2024, micro format
Turnover
€561,114▼ 48.5%
2023 · €1.1m
EBIT margin
-28.7%▼ 31.2pp
2023 · 2.5%
Net result
-€176,270
2023 · €10,565
Working capital
-€81,936
2023 · €144,281
Trend over the years
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result turns negative in 2024: a loss of €161,018 after €27,700 in 2023, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€0.6m
2024
Operating result-€0.2m
2024
Net result-€0.2m
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€0.2m
2024
Equity-€0.03m
2024
Debt€0.2m
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.08m
2024
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin-28.7%
2024
Return on assets (ROA)-92.7%
2024
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency-14.1%
2024
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.59
2024
Average staff in full-time equivalents (FTE).
Staff (FTE)5.2
2020
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Turnover€0.8m-€0.7m▼ 4.8%€0.7m▼ 11.0%€0.8m▲ 23.0%€0.9m▲ 7.8%€1.1m▲ 25.8%€0.6m▼ 48.5%
Operating result€0.001m-€0.03m▲ 35×€0.02m▼ 38.9%€0.05m▲ 198%€0.05m▼ 6.9%€0.03m▼ 45.1%-€0.2m
Net result-€0.005m-€0.01m€0.009mwithin the sector's middle half▼ 35.7%€0.04mabove the sector's middle half▲ 320%€0.03mabove the sector's middle half▼ 21.7%€0.01mwithin the sector's middle half▼ 63.2%-€0.2mbelow the sector's middle half
EBIT margin0.1%-4.1%▲ 3.9pp2.8%▼ 1.3pp6.7%▲ 4.0pp5.8%▼ 0.9pp2.5%▼ 3.3pp-28.7%▼ 31.2pp
Equity€0.05m-€0.06m▲ 26.4%€0.07mwithin the sector's middle half▲ 13.4%€0.1mwithin the sector's middle half▲ 49.7%€0.1mabove the sector's middle half▲ 26.0%€0.1mabove the sector's middle half▲ 7.6%-€0.03mbelow the sector's middle half
Total assets€0.2m-€0.2m▲ 21.6%€0.2mwithin the sector's middle half▲ 8.3%€0.2mwithin the sector's middle half▼ 19.9%€0.3mwithin the sector's middle half▲ 28.1%€0.4mabove the sector's middle half▲ 38.1%€0.2mwithin the sector's middle half▼ 45.7%
Debt€0.1m-€0.2m▲ 19.8%€0.2m▲ 6.3%€0.09m▼ 49.4%€0.1m▲ 30.7%€0.2m▲ 75.0%€0.2m▲ 8.1%
Working capital€0.05m-€0.06m▲ 26.4%€0.07mwithin the sector's middle half▲ 12.2%€0.1mabove the sector's middle half▲ 52.7%€0.2mabove the sector's middle half▲ 37.1%€0.1mabove the sector's middle half▼ 5.3%-€0.08mbelow the sector's middle half
Solvency27.4%-28.5%▲ 1.1pp29.8%within the sector's middle half▲ 1.3pp55.7%within the sector's middle half▲ 25.9pp54.8%within the sector's middle half▼ 0.9pp42.7%within the sector's middle half▼ 12.1pp-14.1%below the sector's middle half▼ 56.8pp
Current ratio1.38-1.40▲ 0.021.42within the sector's middle half▲ 0.022.31within the sector's middle half▲ 0.882.53within the sector's middle half▲ 0.231.72within the sector's middle half▼ 0.810.59below the sector's middle half▼ 1.13
Return on assets (ROA)-2.8%-5.9%▲ 8.7pp3.5%within the sector's middle half▼ 2.4pp18.5%above the sector's middle half▲ 15.0pp11.3%within the sector's middle half▼ 7.2pp3.0%within the sector's middle half▼ 8.3pp-92.7%below the sector's middle half▼ 95.7pp
Staff (FTE)7-7=5.2above the sector's middle half▼ 25.7%
above
within
below
the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €190,216
Fixed assets
€71,062 ▲ 970%
Current assets
€119,154 ▼ 65.3%
Equity and liabilities
Equity-€26,782
Debt€216,998
Equity is negative: debt (€216,998) exceeds the balance-sheet total (€190,216).
Key figures and ratios
Quick ratio
0.50▼
2023 · 0.58
Debt ≤ 1 year
€201,090▲
2023 · €199,240
Debt > 1 year
€15,908▲
2023 · €1,435
Income taxes
€5,444▼
2023 · €12,064
Staff costs
€185,134▲
2023 · €117,948
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | €0.8m | €0.7m | €0.7m | €0.8m | €0.9m | €1.1m | €0.6m | ▼ 48.5% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €0.7m | €0.7m | €0.9m | €0.5m | ▼ 43.0% |
| Remuneration, social security and pensions62 | - | - | - | €0.08m | €0.1m | €0.1m | €0.2m | ▲ 57.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.001m | - | - | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €0.002m | €0.003m | €0.003m | €0.001m | ▼ 62.6% |
| Non-recurring operating charges66A | - | - | - | - | €0.003m | - | - | - |
| Gross operating margin9900 | €0.3m | €0.2m | €0.1m | €0.1m | €0.2m | €0.1m | €0.03m | ▼ 83.1% |
| Operating profit (loss)9901 | €0.001m | €0.03m | €0.02m | €0.05m | €0.05m | €0.03m | -€0.2m | - |
| Recurring financial income75 | €183 | €20 | - | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €0.01m | €0.01m | €0.005m | €0.01m | ▲ 93.4% |
| Recurring financial charges65 | €0.004m | €0.008m | €0.005m | €0.01m | €0.01m | €0.005m | €0.01m | ▲ 93.4% |
| Non-recurring financial charges66B | - | - | - | €0.001m | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€0.003m | €0.01m | €0.01m | €0.04m | €0.04m | €0.02m | -€0.2m | - |
| Income taxes67/77 | €0.002m | €0.001m | €0.004m | €0.004m | €0.01m | €0.01m | €0.005m | ▼ 54.9% |
| Profit (loss) for the period9904 | -€0.005m | €0.01m | €0.009m | €0.04m | €0.03m | €0.01m | -€0.2m | - |
| Profit (loss) for the period to be appropriated9905 | -€0.005m | €0.01m | €0.009m | €0.04m | €0.03m | €0.01m | -€0.2m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €187,528 | €228,096 | €247,062 | €197,968 | €253,623 | €350,163 | €190,216 | ▼ 45.7% |
| Fixed assets21/28 | €0 | - | €1,624 | €1,624 | €1,624 | €6,642 | €71,062 | ▲ 970% |
| Tangible fixed assets22/27 | €0 | €0 | €1,624 | €1,624 | €1,624 | €6,642 | €71,062 | ▲ 970% |
| Plant, machinery and equipment23 | - | - | - | €1,624 | €1,624 | €6,642 | €6,642 | = |
| Other tangible fixed assets26 | - | - | - | - | - | - | €64,420 | - |
| Current assets29/58 | €187,528 | €228,096 | €245,438 | €196,344 | €251,999 | €343,521 | €119,154 | ▼ 65.3% |
| Stocks and contracts in progress3 | €32,161 | €45,750 | €35,975 | €39,050 | €17,300 | €227,474 | €19,400 | ▼ 91.5% |
| Stocks30/36 | - | - | - | €22,550 | €17,300 | €133,884 | €19,400 | ▼ 85.5% |
| Contracts in progress37 | - | - | - | €16,500 | - | €93,590 | - | - |
| Amounts receivable within one year40/41 | €71,124 | €99,393 | €111,733 | €153,527 | €226,476 | €102,816 | €95,450 | ▼ 7.2% |
| Trade receivables40 | - | - | - | €140,561 | €208,540 | €102,796 | €88,951 | ▼ 13.5% |
| Other amounts receivable41 | - | - | - | €12,966 | €17,936 | €20 | €6,499 | ▲ 325× |
| Current investments50/53 | - | - | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €20,663 | €46 | €14,306 | €3,767 | €8,223 | €13,231 | €4,304 | ▼ 67.5% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €187,528 | €228,096 | €247,062 | €197,968 | €253,623 | €350,163 | €190,216 | ▼ 45.7% |
| Equity10/15 | €51,352 | €64,916 | €73,634 | €110,242 | €138,923 | €149,488 | -€26,782 | - |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Issued capital100 | - | - | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €4,110 | €4,110 | €4,110 | €4,110 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | - | - | €2,250 | €2,250 | €2,250 | €2,250 | = |
| Profit (loss) carried forward14 | €16,142 | €29,706 | €38,424 | €72,782 | €101,463 | €112,028 | -€64,242 | - |
| Investment grants15 | - | - | - | €14,750 | €14,750 | €14,750 | €14,750 | = |
| Amounts payable17/49 | €136,176 | €163,180 | €173,428 | €87,726 | €114,700 | €200,675 | €216,998 | ▲ 8.1% |
| Amounts payable after more than one year17 | - | - | - | €2,561 | €14,131 | €1,435 | €15,908 | ▲ 11× |
| Financial debts170/4 | - | - | - | €2,561 | €14,131 | €1,435 | €15,908 | ▲ 11× |
| Amounts payable within one year42/48 | €136,176 | €163,180 | €172,609 | €85,165 | €99,567 | €199,240 | €201,090 | ▲ 0.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €13,125 | €10,208 | €15,114 | €1,435 | ▼ 90.5% |
| Financial debts43 | - | - | - | €45,170 | €50,494 | €49,629 | €54,150 | ▲ 9.1% |
| Credit institutions430/8 | - | - | - | €45,170 | €50,494 | €49,629 | €54,150 | ▲ 9.1% |
| Trade debts44 | €61,860 | €109,716 | €41,619 | €15,071 | €17,245 | €77,207 | €111,589 | ▲ 44.5% |
| Suppliers440/4 | - | - | - | €15,071 | €17,245 | €77,207 | €111,589 | ▲ 44.5% |
| Taxes, remuneration and social security45 | - | - | - | €11,799 | €20,334 | €37,929 | €33,829 | ▼ 10.8% |
| Taxes450/3 | - | - | - | €2,664 | €2,893 | €22,446 | €17,138 | ▼ 23.6% |
| Remuneration and social security454/9 | - | - | - | €9,135 | €17,441 | €15,483 | €16,691 | ▲ 7.8% |
| Other amounts payable47/48 | - | - | - | - | €1,286 | €19,361 | €87 | ▼ 99.6% |
| Accrued charges and deferred income492/3 | - | - | - | - | €1,002 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,196 | €13,564 | €8,718 | €36,608 | €28,681 | €10,565 | -€176,270 | - |
| + Depreciation and write-downs630 | €885 | - | - | - | - | - | - | - |
| Operating cash flow (approximation) | -€4,311 | €13,564 | €8,718 | €36,608 | €28,681 | €10,565 | -€176,270 | - |
| Investment in fixed assets (approximation) | - | - | - | €0 | €0 | -€5,018 | -€64,420 | ▼ 1,184% |
| Change in cash | - | -€20,617 | €14,260 | -€10,539 | €4,456 | €5,008 | -€8,927 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 21-07-2025 | 2025-00291700 |
| 31-12-2023 | micro format | 13-03-2024 | 2024-00042662 |
| 31-12-2022 | micro format | 17-05-2023 | 2023-00088899 |
| 31-12-2021 | micro format | 14-09-2022 | 2022-20428815 |
| 31-12-2020 | micro format | 18-03-2021 | 2021-07800407 |
| 31-12-2019 | micro format | 07-08-2020 | 2020-39800069 |
| 31-12-2018 | micro format | 21-08-2019 | 2019-48400165 |
| 31-12-2017 | micro format | 28-08-2018 | 2018-52300508 |
| 31-12-2016 | micro format | 16-08-2017 | 2017-44700410 |
| 31-12-2015 | full format | 06-07-2016 | 2016-30300530 |
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Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.