AMECA
ActiveSummary
AMECA has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €30,163 and a net result of -€3,098. Equity is shrinking by ~11% per year across the filed fiscal years. Its solvency ranks better than 90% of 837 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability7▲+7
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 8.41 against 4.34 in 2023; short-term debt: 11.6% and cash: 52.9% of total assets), and 11.6% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
88.4%
Return on assets
-9.1%
Age of the figures
22 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 32
Relative position
BE, all sectors
reference
Other manufacturing (NACE 32)
about 28% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€3,098
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2024 was due by 30-06-2025 and was filed on 28-05-2025, 33 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
33 d early
2023
6 d early
2022
23 d early
2021
15 d early
2020
15 d early
2019
13 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 40% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€30,163▼ 9.3%
2023 · €33,261
Total assets
€34,111▼ 20.5%
2023 · €42,903
Net result
-€3,098▲ 70.0%
2023 · -€10,332
Working capital
€29,255▼ 9.1%
2023 · €32,195
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
Operating result€8,400-€3,094-€11,151▼ 260%-€8,770▲ 21.4%-€2,602▲ 70.3%
Net result€7,036-€4,491-€11,565▼ 157%-€10,332▲ 10.7%-€3,098▲ 70.0%
Equity€59,649▲ 13.4%€55,157▼ 7.5%€43,593▼ 21.0%€33,261▼ 23.7%€30,163▼ 9.3%
Total assets€86,967▲ 11.4%€81,384▼ 6.4%€53,411▼ 34.4%€42,903▼ 19.7%€34,111▼ 20.5%
Debt€27,318▲ 7.4%€26,227▼ 4.0%€9,818▼ 62.6%€9,643▼ 1.8%€3,948▼ 59.1%
Working capital€58,110▲ 10.5%€53,777▼ 7.5%€42,370▼ 21.2%€32,195▼ 24.0%€29,255▼ 9.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,602 in 2024 against €8,770 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €34,111
Fixed assets
€908 ▼ 14.8%
Current assets
€33,203 ▼ 20.6%
Equity and liabilities €34,111
Equity
€30,163 ▼ 9.3%
Debt
€3,948 ▼ 59.1%
Debt's share of the balance-sheet total falls from 22.5% to 11.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€2,444▲
2023 · -€8,612
Cash flow
-€2,940▲
2023 · -€10,175
Current ratio
8.41▲
2023 · 4.34
Quick ratio
7.75▲
2023 · 4.03
Debt to equity
0.13▼
2023 · 0.29
ROE
-10.3%▲
2023 · -31.1%
ROA
-9.1%▲
2023 · -24.1%
Interest coverage
-4.60▲
2023 · -5.51
Debt ≤ 1 year
€3,948▼
2023 · €9,643
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,304 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,304 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €39 | €158 | €158 | €158 | €158 | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €1,341 | €0 | - | - |
| Other operating charges640/8 | - | €111 | €112 | €115 | €0 | ▼ 100% |
| Gross operating margin9900 | €8,840 | -€2,825 | -€9,539 | -€8,497 | -€2,444 | ▲ 71.2% |
| Operating profit (loss)9901 | €8,400 | -€3,094 | -€11,151 | -€8,770 | -€2,602 | ▲ 70.3% |
| Financial income75/76B | - | €8 | €634 | €0 | €36 | - |
| Recurring financial income75 | - | €8 | €634 | €0 | €36 | - |
| Financial charges65/66B | - | €1,190 | €1,048 | €1,562 | €532 | ▼ 66.0% |
| Recurring financial charges65 | €1,144 | €1,190 | €1,048 | €1,562 | €532 | ▼ 66.0% |
| Profit (loss) for the period before taxes9903 | €7,256 | -€4,276 | -€11,565 | -€10,332 | -€3,098 | ▲ 70.0% |
| Income taxes67/77 | €220 | €215 | €0 | - | - | - |
| Profit (loss) for the period9904 | €7,036 | -€4,491 | -€11,565 | -€10,332 | -€3,098 | ▲ 70.0% |
| Profit (loss) for the period to be appropriated9905 | €7,036 | -€4,491 | -€11,565 | -€10,332 | -€3,098 | ▲ 70.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €86,967 | €81,384 | €53,411 | €42,903 | €34,111 | ▼ 20.5% |
| Fixed assets21/28 | €1,539 | €1,381 | €1,223 | €1,066 | €908 | ▼ 14.8% |
| Tangible fixed assets22/27 | €1,539 | €1,381 | €1,223 | €1,066 | €908 | ▼ 14.8% |
| Land and buildings22 | - | €1 | €1 | €1 | €1 | = |
| Plant, machinery and equipment23 | - | €1,380 | €1,222 | €1,065 | €907 | ▼ 14.8% |
| Current assets29/58 | €85,428 | €80,003 | €52,188 | €41,838 | €33,203 | ▼ 20.6% |
| Stocks and contracts in progress3 | €3,013 | €3,013 | €3,013 | €3,013 | €2,588 | ▼ 14.1% |
| Stocks30/36 | - | €3,013 | €3,013 | €3,013 | €2,588 | ▼ 14.1% |
| Amounts receivable within one year40/41 | €28,988 | €19,658 | €17,080 | €14,112 | €12,554 | ▼ 11.0% |
| Trade receivables40 | - | €18,218 | €14,900 | €12,118 | €10,515 | ▼ 13.2% |
| Other amounts receivable41 | - | €1,440 | €2,180 | €1,993 | €2,039 | ▲ 2.3% |
| Cash at bank and in hand54/58 | €53,427 | €57,332 | €32,094 | €24,713 | €18,061 | ▼ 26.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €86,967 | €81,384 | €53,411 | €42,903 | €34,111 | ▼ 20.5% |
| Equity10/15 | €59,649 | €55,157 | €43,593 | €33,261 | €30,163 | ▼ 9.3% |
| Contributions10/11 | €87,000 | €87,000 | €87,000 | €87,000 | €87,000 | = |
| Capital10 | - | €87,000 | €87,000 | €87,000 | €87,000 | = |
| Issued capital100 | - | €87,000 | €87,000 | €87,000 | €87,000 | = |
| Reserves13 | €208,673 | €8,700 | €8,700 | €8,700 | €8,700 | = |
| Non-distributable reserves130/1 | - | €8,700 | €8,700 | €8,700 | €8,700 | = |
| Legal reserve130 | - | €8,700 | €8,700 | €8,700 | €8,700 | = |
| Reserves not available under the articles1311 | - | €0 | - | - | - | - |
| Distributable reserves133 | - | €0 | - | - | - | - |
| Profit (loss) carried forward14 | -€236,025 | -€40,543 | -€52,107 | -€62,440 | -€65,537 | ▼ 5.0% |
| Amounts payable17/49 | €27,318 | €26,227 | €9,818 | €9,643 | €3,948 | ▼ 59.1% |
| Amounts payable within one year42/48 | €27,318 | €26,227 | €9,818 | €9,643 | €3,948 | ▼ 59.1% |
| Trade debts44 | €27,318 | €17,233 | €9,818 | €9,643 | €3,948 | ▼ 59.1% |
| Suppliers440/4 | - | €17,233 | €9,818 | €9,643 | €3,948 | ▼ 59.1% |
| Advances received on contracts in progress46 | - | €8,994 | €0 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,036 | -€4,491 | -€11,565 | -€10,332 | -€3,098 | ▲ 70.0% |
| + Depreciation and write-downs630 | €39 | €158 | €158 | €158 | €158 | = |
| Operating cash flow (approximation) | €7,075 | -€4,334 | -€11,407 | -€10,175 | -€2,940 | ▲ 71.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €3,905 | -€25,238 | -€7,382 | -€6,651 | ▲ 9.9% |
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
2026
24-09
State Gazette act
Resignations: Etienne DENIS, Dominique DENIS and Assia EL YOUNOUSSIAppointments: Etienne DENIS (enige statutair bestuurder) and Assia EL YOUNOUSSI (opvolgend bestuurder) · Statutes amendment · Legal form clause15 facts ▸
State Gazette act
Resignations: Etienne DENIS, Dominique DENIS and Assia EL YOUNOUSSI
Appointments: Etienne DENIS (enige statutair bestuurder) and Assia EL YOUNOUSSI (opvolgend bestuurder) · Statutes amendment · Legal form clause15 facts ▸
- General meeting, 15-09-2026
- Statutes amendment
- Legal form clause, naamloze vennootschap (NV)
- Board meeting, bestuurders in functie gebleven sinds het verstrijken van de duurtijd van hun mandaat op 2023-05-02, alle gestelde bestuursdaden sinds 2023-05-02
- Director resignation, Etienne DENIS (director)
- Director resignation, Dominique DENIS (director)
- Director resignation, Assia EL YOUNOUSSI (director)
- Board rule, enige bestuurder, artikel 7:101 WVV
- Director appointment, Etienne DENIS (enige statutair bestuurder)
- Director appointment, Assia EL YOUNOUSSI (opvolgend bestuurder)
- Registered office clause, Vlaams Gewest, Spinnerijkaai 45 bus 108, 8500 Kortrijk
- Statutes amendment
- +3 further facts in this act
2025
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-11
Financial
Back to profitnet €7,036
Net result €7,036 after 2 loss-making years.
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 11 days late
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 12 days late
17-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 201 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 directors, last change in 2026
Etienne DENIS
CurrentEnige statutair bestuurder · since 15-09-2026
Assia EL YOUNOUSSI
CurrentOpvolgend bestuurder · since 24-09-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
3 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 1990
Ground area
9,215 m²
Building footprint
3,590 m²
Volume, LiDAR
49,165 m³
Parcel 34353B0083/00Y004, Flanders · tallest building 21.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
AMECA NV
since 19902.037.843.997
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353B0083/00Y004 | Flanders | 9,215 m² | 1 · 3,590 m² | 21.6 m · 5 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Mandate history
3 people since 2026, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Assia EL YOUNOUSSI |
|
| Etienne DENIS |
|
| Dominique DENIS |
|
Articles of association
Who signs
The sole director
Financial year
Closes on 31 December
Annual meeting
First Tuesday of June at 14:00
Duration
Unlimited
Purpose
Alle handelingen die rechtstreeks of onrechtstreeks verband houden met de productie, de fabricatie, de aankoop en/of verkoop, vertegenwoordiging, invoer en uitvoer van allerhande…
Full purpose (2 activities)
- Alle handelingen die rechtstreeks of onrechtstreeks verband houden met de productie, de fabricatie, de aankoop en/of verkoop, vertegenwoordiging, invoer en uitvoer van allerhande onafgewerkte, afgewerkte en/of half afgewerkte producten, in het bijzonder kussens, tuinmeubelen, speelgoed, zwembaden, tuinartikelen en andere producten die daar enigszins verband mee houden
- Alle nijverheidsverrichtingen, handelszaken en verhandelingen van onroerende, roerende of financiële aard die zich rechtstreeks of onrechtstreeks bij dit voorwerp aansluiten of de uitbreiding ervan kunnen bevorderen
Name clause
Registered office clause
Vlaams Gewest, enige bestuurder bevoegd de zetel binnen België te verplaatsen, geen statutenwijziging vereist tenzij naar ander Gewest; taalwijziging vereist be…
Board composition
Enige bestuurder
Board rule
Enige bestuurder is niet persoonlijk gehouden tot de verbintenissen van de vennootschap
Afzetting wegens wettige redenen, instemming van de enige bestuurder vereist voor elke statutenwijziging, elke uitkering aan de aandeelhouders, en zijn ontslag
Oefent het geheel van de bestuursbevoegdheden uit, mogelijkheid een deel van deze bevoegdheden te delegeren
Artikel 14. Bevoegdheden van de enige bestuurder
Artikel 15. Dagelijks bestuur
Opvolgend bestuurder, overlijden, onbekwaamverklaring, kennelijk onvermogen, faillissement van de enige bestuurder
Meeting access
Artikel 20. Toelating tot de algemene vergadering
Proxy rule
Artikel 21. Vertegenwoordiging op de algemene vergadering
Meeting agenda
Artikel 24. Beraadslaging
Profit allocation
Artikel 31. Bestemming van de winst
Liquidation rule
Artikel 33. Benoeming van de vereffenaars
Artikel 34. Bevoegdheden van de vereffenaars
Liquidation distribution
Artikel 35. Wijze van vereffening
Structure & network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Capital and shareholders
Capital over the years
- 24-09-2026 Capital stated in the act · 87,000 EUR · 1,250 shares
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 1,040 EUR awarded · 1,040 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,040 EUR | 1,040 EUR |
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Identification & contact
Identification
Legal formPublic limited company
Founded01-01-1990
Fiscal year end30-11
Activities, NACEBEL 2025
32990Other manufacturing not elsewhere classified
46496Wholesale trade
47551Retail sale of household furniture
E-invoicing
Reachable via Peppol
Peppol ID
0208:0441602002
Also
9925:BE0441602002
Registered
16-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.