Equity
AMECAM paid out €750,000 in dividends. That is 91% of the 2025 profit.
AMECAM paid out €750,000 in dividends. That is 91% of the 2025 profit.
The result rose in 2025 from €329,806 to €823,948.
€209,766 of the debts are secured on the company's own assets. In 2021 that was €166,579.
In 2025, 15 people joined and 13 left.
The last five annual accounts were filed 60 to 71 days before the end of the period.
Less equity than 80% of companies in motor vehicles. Sector median €3.5m · 96 companies.
In July 2024, 2,613 companies had the same profile as AMECAM has now. Each dot stands for 7 companies, two years later.
The method was tested on the 497,448 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 2,613 companies, not a prediction for AMECAM. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| AMECAM Stavelot | €2.0m | €1.8m | 25.7% | 11.6 |
| EUROWHEEL Herenthout | €3.2m | €1.3m | 85.9% | 16.3 |
| Hydra Parts Lummen | €1.5m | €1.3m | 87.1% | 5 |
| CO-JOINT Liège | €1.9m | €0.8m | 37.7% | 9 |
| Modul - System Mechelen | €1.2m | €0.8m | 78.6% | 5 |
| HAESEVOETS Herk-de-Stad | €6.0m | €2.8m | 66.0% | 23.9 |
| ACERO GROUP SCHOTEN Schoten | €4.2m | €3.2m | 38.1% | 32.1 |
These companies have the same main activity as AMECAM: manufacture of other parts and accessories for motor vehicles (NACE 29320). They are comparable in size and age: total assets between €1.2m and €6m, founded between 1986 and 1996.
AMECAM has existed since 1995. The gross margin grew from €151,221 in 2006 to €1.8m in 2025 and staff from 3.2 to 11.6 full-time equivalents.
Solvency fell in 2025 from 31.0% to 25.7% because of the dividend.
holds all the shares. In January 2026, the Official Gazette published the appointment of as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €3.0m. Estimated: probably between €2.0m and €5.0m.
Higher than 31% of 96 companies in 2025.
Higher than 39% of 96 companies in 2025.
Higher than 95% of 95 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half · Staff: middle half
Staff costs divided by the average number of full-time equivalents.
In 2025, 15 people joined and 13 left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
2.0m | 1.4m | 1.2m | 1.4m | 1.4m | 1.3m | 1.2m | 1.3m | 934,124 | 503,324 | 513,534 | 426,528 | 485,389 | 770,125 | 726,553 | 568,439 | 534,531 | 518,873 | 312,557 | 228,512 | |
21/28 |
186,106 | 220,574 | 220,621 | 164,937 | 172,778 | 249,324 | 200,972 | 80,165 | 79,161 | 20,425 | 39,874 | 42,772 | 58,165 | 82,505 | 38,768 | 27,338 | 27,745 | 8,471 | 2,679 | 3,912 | |
21 |
5,156 | 10,789 | 16,422 | 0 | 0 | 1,375 | 2,750 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
22/27 |
180,950 | 181,735 | 204,199 | 152,367 | 160,208 | 219,819 | 176,112 | 54,925 | 57,051 | 19,425 | 39,874 | 31,222 | 54,790 | 82,505 | 38,768 | 25,234 | 21,249 | 3,745 | 2,233 | 3,577 | |
22 |
- | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 5,822 | 16,852 | 16,448 | 9,588 | - | - | - | - | |
23 |
12,714 | 19,975 | 27,363 | 58,102 | 48,680 | 75,734 | 99,899 | 0 | 0 | 131 | 4,743 | 10,095 | 15,387 | 21,896 | 5,787 | 4,612 | 5,446 | - | 3 | 89 | |
24 |
127,166 | 114,146 | 97,943 | 9,824 | 18,684 | 39,380 | 63,103 | 36,229 | 48,442 | 6,380 | 17,913 | 21,128 | 33,581 | 43,757 | 16,532 | 11,034 | 15,803 | 3,745 | 2,230 | 3,488 | |
26 |
41,070 | 47,614 | 78,892 | 84,441 | 92,844 | 104,705 | 13,110 | 14,392 | - | - | - | - | - | - | - | - | - | - | - | - | |
28 |
0 | 28,050 | - | 12,570 | 12,570 | 28,130 | 22,110 | 25,240 | 22,110 | 1,000 | 0 | 11,550 | 3,375 | - | - | 2,105 | 6,496 | 4,726 | 446 | 335 | |
29/58 |
1.8m | 1.2m | 1.0m | 1.2m | 1.3m | 1.0m | 974,690 | 1.2m | 854,964 | 482,899 | 473,660 | 383,755 | 427,224 | 687,620 | 687,785 | 541,100 | 506,786 | 510,401 | 309,878 | 224,600 | |
3 |
314,342 | 338,691 | 313,261 | 487,843 | 459,688 | 303,582 | 232,215 | 294,078 | 319,924 | 114,842 | 156,929 | 115,279 | 149,572 | 114,634 | 197,912 | 150,122 | 114,511 | 148,572 | 111,813 | 64,821 | |
30/36 |
314,342 | 338,691 | 313,261 | 487,843 | 459,688 | 303,582 | 232,215 | 294,078 | 319,924 | 114,842 | 156,929 | 115,279 | 149,572 | 114,634 | 197,912 | 150,122 | 114,511 | 148,572 | 111,813 | 64,821 | |
40/41 |
569,107 | 509,725 | 506,600 | 276,985 | 492,556 | 426,032 | 183,960 | 258,204 | 346,191 | 231,226 | 107,154 | 165,551 | 94,772 | 190,945 | 223,307 | 112,856 | 204,346 | 298,236 | 92,701 | 81,837 | |
40 |
539,996 | 496,609 | 489,267 | 265,789 | 492,556 | 426,032 | 147,581 | 250,600 | 311,493 | 220,124 | 104,864 | 160,488 | 69,368 | 190,945 | 206,795 | 96,905 | 169,484 | 211,629 | 83,006 | 73,892 | |
41 |
29,111 | 13,116 | 17,332 | 11,196 | 0 | 0 | 36,380 | 7,604 | 34,698 | 11,102 | 2,290 | 5,063 | 25,403 | - | 16,512 | 15,952 | 34,862 | 86,607 | 9,695 | 7,946 | |
50/53 |
500,000 | 230,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
54/58 |
363,059 | 79,755 | 157,367 | 417,068 | 289,774 | 286,263 | 557,479 | 626,105 | 187,995 | 135,531 | 208,059 | 98,386 | 180,834 | 382,040 | 266,566 | 278,122 | 187,929 | 63,593 | 105,364 | 77,942 | |
490/1 |
23,508 | 8,370 | 24,161 | 12,820 | 17,466 | 11,360 | 1,036 | 9,850 | 853 | 1,300 | 1,518 | 4,540 | 2,047 | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
2.0m | 1.4m | 1.2m | 1.4m | 1.4m | 1.3m | 1.2m | 1.3m | 934,124 | 503,324 | 513,534 | 426,528 | 485,389 | 770,125 | 726,553 | 568,439 | 534,531 | 518,873 | 312,557 | 228,512 | |
10/15 |
503,275 | 429,327 | 449,522 | 422,381 | 400,720 | 398,733 | 326,183 | 486,027 | 410,478 | 193,606 | 153,634 | 149,211 | 141,382 | 449,013 | 423,972 | 338,126 | 241,131 | 209,574 | 155,547 | 127,831 | |
10/11 |
20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
100 |
- | - | - | - | - | - | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
13 |
480,000 | 405,000 | 429,000 | 400,000 | 380,000 | 374,000 | 302,000 | 462,000 | 382,000 | 122,000 | 122,000 | 121,859 | 121,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | |
130/1 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | |
133 |
480,000 | 405,000 | 429,000 | 400,000 | 380,000 | 374,000 | 300,000 | 460,000 | 380,000 | 120,000 | 120,000 | 120,000 | 120,000 | - | - | - | - | - | - | - | |
14 |
3,275 | 4,327 | 522 | 2,381 | 720 | 4,733 | 4,183 | 4,027 | 8,478 | 51,606 | 11,634 | 8,760 | 931 | 428,562 | 403,521 | 317,675 | 220,679 | 189,123 | 135,096 | 107,380 | |
17/49 |
1.5m | 957,788 | 772,488 | 937,273 | 1.0m | 877,828 | 849,480 | 782,375 | 523,647 | 309,718 | 359,900 | 277,317 | 344,007 | 321,112 | 302,580 | 230,312 | 293,400 | 309,299 | 157,010 | 100,681 | |
17 |
149,669 | 166,446 | 179,006 | 112,186 | 136,493 | 166,579 | 135,967 | 32,864 | 23,579 | 10,626 | 17,300 | 12,036 | 24,682 | 46,148 | 15,415 | 9,962 | 13,038 | - | - | - | |
170/4 |
149,669 | 166,446 | 179,006 | 112,186 | 136,493 | 166,579 | 135,967 | 32,864 | 23,579 | 10,626 | 17,300 | 12,036 | 24,682 | 46,148 | 15,415 | 9,962 | 13,038 | - | - | - | |
42/48 |
1.3m | 791,342 | 593,370 | 825,087 | 895,048 | 711,250 | 713,374 | 749,511 | 498,068 | 299,093 | 342,600 | 265,057 | 319,276 | 274,963 | 287,166 | 220,351 | 278,450 | 309,299 | 157,010 | 100,681 | |
42 |
60,097 | 50,465 | 48,497 | 24,306 | 30,086 | 34,388 | 32,015 | 16,763 | 10,321 | 6,675 | 13,431 | 12,646 | 21,466 | 20,899 | 5,326 | 3,076 | 2,962 | - | - | - | |
44 |
414,930 | 319,967 | 140,858 | 186,831 | 243,951 | 221,375 | 189,181 | 401,265 | 440,196 | 70,171 | 60,148 | 61,511 | 75,809 | 125,408 | 253,939 | 185,971 | 240,432 | 285,398 | 133,289 | 90,157 | |
440/4 |
414,930 | 319,967 | 140,858 | 186,831 | 243,951 | 221,375 | 189,181 | 401,265 | 440,196 | 70,171 | 60,148 | 61,511 | 75,809 | 125,408 | 253,939 | 185,971 | 240,432 | 285,398 | 133,289 | 90,157 | |
45 |
77,652 | 70,910 | 54,015 | 63,949 | 24,353 | 67,486 | 15,478 | 31,442 | 47,551 | 72,247 | 39,022 | 40,899 | 22,001 | 39,419 | 27,901 | 31,303 | 35,056 | 23,901 | 23,721 | 10,525 | |
450/3 |
36,941 | 39,180 | 26,248 | 46,012 | 3,834 | 46,606 | 0 | 14,522 | 25,854 | 53,846 | 17,651 | 14,187 | 3,905 | 16,898 | 11,324 | 11,590 | 16,293 | 10,940 | 11,749 | - | |
454/9 |
40,710 | 31,730 | 27,767 | 17,938 | 20,519 | 20,880 | 15,478 | 16,920 | 21,697 | 18,401 | 21,371 | 26,713 | 18,097 | 22,522 | 16,577 | 19,713 | 18,763 | 12,961 | 11,972 | 10,525 | |
47/48 |
750,500 | 350,000 | 350,000 | 550,000 | 596,659 | 388,000 | 476,700 | 300,042 | 0 | 150,000 | 230,000 | 150,000 | 200,000 | 89,238 | - | - | - | - | - | - | |
492/3 |
- | 0 | 113 | - | - | 0 | 139 | 0 | 2,000 | - | 0 | 224 | 49 | - | - | - | 1,912 | - | - | - | |
| Income statement | |||||||||||||||||||||
9900 |
1.8m | 951,826 | 940,455 | 1.1m | 1.2m | 960,482 | 738,516 | 791,490 | 544,056 | 494,215 | 615,094 | 477,227 | 506,998 | 427,065 | 375,635 | 437,458 | 274,901 | 260,218 | 163,780 | 151,221 | |
62 |
594,511 | 420,110 | 365,251 | 270,037 | 297,760 | 288,292 | 231,708 | 222,384 | 185,438 | 176,667 | 226,412 | 207,877 | 177,320 | 198,004 | 190,903 | 207,445 | 186,127 | 172,834 | 119,356 | 94,451 | |
630 |
48,374 | 47,461 | 60,029 | 47,990 | 69,043 | 58,206 | 61,245 | 23,165 | 18,943 | 20,449 | 25,617 | 25,002 | 35,089 | 37,035 | 19,643 | 10,843 | 6,893 | 2,164 | 2,246 | 2,157 | |
631/4 |
- | -831 | - | 831 | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,528 | - | - | |
640/8 |
8,706 | 6,352 | 3,394 | 2,449 | 1,929 | 2,415 | 2,333 | 4,567 | 1,614 | 1,705 | 1,211 | 1,547 | 1,569 | 2,537 | 677 | 713 | 642 | 1,450 | 466 | 264 | |
66A |
- | 41,225 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9901 |
1.1m | 437,509 | 511,781 | 767,343 | 807,776 | 611,569 | 443,230 | 541,374 | 338,061 | 295,394 | 361,854 | 242,802 | 293,020 | 189,488 | 164,412 | 218,457 | 81,240 | 80,243 | 41,711 | 54,349 | |
75/76B |
3,147 | 5,775 | - | - | 3 | 0 | 0 | 167 | 51 | 20 | 801 | 2,075 | 320 | 522 | 450 | 275 | 185 | 186 | 156 | 157 | |
75 |
3,147 | 5,775 | - | - | 3 | 0 | 0 | 167 | 51 | 20 | 801 | 2,075 | 320 | 522 | 450 | 275 | 185 | 186 | 156 | 157 | |
65/66B |
9,102 | 9,426 | 6,972 | 4,653 | 10,038 | 4,551 | 4,327 | 3,765 | 5,947 | 2,665 | 3,273 | 2,457 | 3,878 | 2,866 | 1,865 | 1,853 | 958 | 439 | 828 | 809 | |
65 |
9,102 | 9,426 | 6,972 | 4,653 | 10,038 | 4,551 | 4,327 | 3,765 | 5,947 | 2,665 | 3,273 | 2,457 | 3,878 | 2,866 | 1,865 | 1,853 | 958 | 439 | 828 | 809 | |
9903 |
1.1m | 433,858 | 504,809 | 762,690 | 797,740 | 607,018 | 438,904 | 537,776 | 332,165 | 292,750 | 359,382 | 242,420 | 289,461 | 187,144 | 162,997 | 216,879 | 80,467 | 79,990 | 41,039 | 53,697 | |
67/77 |
273,105 | 104,052 | 127,668 | 191,029 | 200,753 | 146,468 | 123,748 | 162,227 | 115,293 | 102,778 | 124,959 | 84,591 | 97,092 | 62,103 | 53,151 | 74,186 | 24,910 | 25,963 | 13,323 | 17,198 | |
9904 |
823,948 | 329,806 | 377,141 | 571,660 | 596,987 | 460,550 | 315,155 | 375,550 | 216,872 | 189,972 | 234,423 | 157,829 | 192,369 | 125,041 | 109,846 | 142,693 | 55,557 | 54,027 | 27,716 | 36,498 | |
9905 |
823,948 | 329,806 | 377,141 | 571,660 | 596,987 | 460,550 | 315,155 | 375,550 | 216,872 | 189,972 | 234,423 | 157,829 | 192,369 | 125,041 | 109,846 | 142,693 | 55,557 | 54,027 | 27,716 | 36,498 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
828,275 | 330,327 | 379,522 | 572,381 | 601,720 | 464,733 | 319,183 | 384,027 | 268,478 | 201,606 | 243,183 | 158,760 | 620,931 | 528,562 | 427,521 | 363,372 | 244,679 | 189,123 | 135,096 | 107,380 | |
14P |
4,327 | 522 | 2,381 | 720 | 4,733 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | 24,000 | - | - | - | - | 160,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
75,000 | 0 | 29,000 | 20,000 | 6,000 | 72,000 | - | 80,000 | 260,000 | - | 1,549 | 0 | 120,000 | - | - | - | - | - | - | - | |
691 |
- | - | - | - | - | - | - | - | - | - | 1,408 | - | - | - | - | - | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | 141 | - | - | - | - | - | - | - | - | - | |
6921 |
75,000 | 0 | 29,000 | 20,000 | 6,000 | 72,000 | - | 80,000 | 260,000 | - | - | 0 | 120,000 | - | - | - | - | - | - | - | |
694/7 |
750,000 | 350,000 | 350,000 | 550,000 | 595,000 | 388,000 | 475,000 | 300,000 | - | 150,000 | 230,000 | 150,000 | 500,000 | 100,000 | 24,000 | 45,697 | 24,000 | - | - | - | |
694 |
750,000 | 350,000 | 350,000 | 550,000 | 595,000 | 388,000 | 475,000 | 300,000 | - | 150,000 | 230,000 | 150,000 | 500,000 | 100,000 | 24,000 | 45,697 | 24,000 | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
11.6 | 8.6 | 8.2 | 7.1 | 8.2 | 8.3 | 6.4 | 6.8 | 6 | 4.5 | 5.9 | 5.3 | 4.6 | 5.2 | 5.3 | 6.2 | 5.5 | 5.2 | 4 | 3.2 | |
Hours worked1013 |
20,046 | 15,092 | 13,328 | 11,056 | 13,150 | 12,852 | 10,921 | 11,111 | 9,188 | 7,304 | 8,930 | 9,135 | 7,311 | 9,112 | 9,348 | 9,295 | 8,208 | 8,147 | 5,153 | 5,391 | |
| Document | |||||||||||||||||||||
The accounts for 10 older financial years (1996-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 21 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 21-05-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 21-05-2026 | 2026-00122835 | |
| 31-12-2024 | full format | 23-05-2025 | 2025-00104272 | |
| 31-12-2023 | full format | 30-05-2024 | 2024-00103487 | |
| 31-12-2022 | full format | 01-06-2023 | 2023-00104688 | |
| 31-12-2021 | full format | 01-06-2022 | 2022-20044097 | |
| 31-12-2020 | full format | 02-06-2021 | 2021-17000116 | |
| 31-12-2019 | full format | 04-06-2020 | 2020-15000539 | |
| 31-12-2018 | full format | 23-05-2019 | 2019-14100143 | |
| 31-12-2017 | full format | 30-05-2018 | 2018-15000458 | |
| 31-12-2016 | full format | 01-06-2017 | 2017-14900558 | |
| 31-12-2015 | full format | 31-05-2016 | 2016-15400434 | |
| 31-12-2014 | full format | 10-07-2015 | 2015-29600512 | |
| 31-12-2013 | full format | 26-06-2014 | 2014-22400345 | |
| 31-12-2012 | full format | 29-07-2013 | 2013-36500161 | |
| 31-12-2011 | full format | 12-07-2012 | 2012-29100519 | |
| 31-12-2010 | full format | 29-08-2011 | 2011-48500317 | |
| 31-12-2009 | full format | 16-08-2010 | 2010-41600579 | |
| 31-12-2008 | full format | 13-07-2009 | 2009-40800127 | |
| 31-12-2007 | full format | 14-07-2008 | 2008-40000154 | |
| 31-12-2006 | full format | 04-07-2007 | 2007-35300218 | |
| 31-12-2005 | full format | 10-07-2006 | 2006-44205114 | |
| 31-12-2004 | full format | 08-08-2005 | 2005-63600263 | |
| 31-12-2003 | full format | 09-07-2004 | 2004-44303982 | |
| 31-12-2002 | full format | 26-06-2003 | 2003-31803157 | |
| 31-12-2001 | full format | 24-07-2002 | 2002-41503403 | |
| 31-12-2000 | full format | 04-12-2001 | 2001-73503892 | |
| 31-12-1999 | full format | 13-07-2000 | 2000-41504823 | |
| 31-12-1998 | full format | 09-06-1999 | 1999-16203382 | |
| 31-12-1997 | full format | 27-08-1998 | 1998-42703005 | |
| 31-12-1996 | full format | 11-06-1997 | 1997-14303328 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.2m | 484,970 | 571,810 | 815,333 | 876,818 | 669,775 | 504,475 | 564,539 | 357,004 | 315,844 | 387,471 | 267,804 | 328,109 | 226,523 | 184,055 | 229,300 | 88,133 | 82,406 | 43,958 | 56,507 | ||
| 872,322 | 377,266 | 437,171 | 619,650 | 666,030 | 518,756 | 376,400 | 398,715 | 235,815 | 210,421 | 260,040 | 182,831 | 227,458 | 162,076 | 129,489 | 153,536 | 62,450 | 56,191 | 29,963 | 38,656 | ||
| 64,591 | 88,639 | 128,284 | 40,149 | 14,606 | 106,858 | 185,182 | 24,170 | 78,679 | 1,000 | 34,269 | 9,609 | 10,749 | 80,773 | 33,177 | 14,827 | 26,167 | 7,956 | 1,014 | 3,804 | ||
| 283,305 | -77,612 | -259,701 | 127,294 | 3,511 | -271,216 | -68,626 | 438,110 | 52,464 | -72,528 | 109,673 | -82,449 | -201,206 | 115,474 | -11,556 | 90,193 | 124,336 | -41,771 | 27,422 | - | ||
| 466,839 | 375,199 | 408,019 | 369,630 | 364,435 | 315,987 | 261,316 | 438,726 | 356,896 | 183,806 | 131,060 | 118,699 | 107,948 | 412,656 | 400,619 | 320,750 | 228,336 | 201,103 | 152,868 | 123,919 | ||
| 25.7% | 31.0% | 36.8% | 31.1% | 28.0% | 31.2% | 27.7% | 38.3% | 43.9% | 38.5% | 29.9% | 35.0% | 29.1% | 58.3% | 58.4% | 59.5% | 45.1% | 40.4% | 49.8% | 55.9% | ||
| 1.36 | 1.47 | 1.69 | 1.45 | 1.41 | 1.44 | 1.37 | 1.59 | 1.72 | 1.61 | 1.38 | 1.45 | 1.34 | 2.50 | 2.40 | 2.46 | 1.82 | 1.65 | 1.97 | 2.23 | ||
| 1.12 | 1.05 | 1.16 | 0.86 | 0.89 | 1.02 | 1.04 | 1.19 | 1.07 | 1.23 | 0.92 | 1.01 | 0.87 | 2.08 | 1.71 | 1.77 | 1.41 | 1.17 | 1.26 | 1.59 | ||
| 2.89 | 2.23 | 1.72 | 2.22 | 2.57 | 2.20 | 2.60 | 1.61 | 1.28 | 1.60 | 2.34 | 1.86 | 2.43 | 0.72 | 0.71 | 0.68 | 1.22 | 1.48 | 1.01 | 0.79 | ||
| 163.7% | 76.8% | 83.9% | 135.3% | 149.0% | 115.5% | 96.6% | 77.3% | 52.8% | 98.1% | 152.6% | 105.8% | 136.1% | 27.8% | 25.9% | 42.2% | 23.0% | 25.8% | 17.8% | 28.6% | ||
| 42.1% | 23.8% | 30.9% | 42.0% | 41.7% | 36.1% | 26.8% | 29.6% | 23.2% | 37.7% | 45.6% | 37.0% | 39.6% | 16.2% | 15.1% | 25.1% | 10.4% | 10.4% | 8.9% | 16.0% | ||
| over 100 | 51.45 | 82.02 | over 100 | 87.35 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 10 | 8 | 7 | 7 | 9 |
| full-time | 9 | 8 | 7 | 7 | 8 |
| part-time | 1 | - | - | - | 1 |
| in full-time equivalents | 9.8 | 8 | 7 | 7 | 8.9 |
| 11.6 | 8.6 | 8.2 | 7.1 | 8.2 | |
| On a permanent contract | 10 | 8 | 6 | 6 | 8 |
| Joined | 15 | 8 | 11 | 8 | 5 |
| Left | 13 | 7 | 11 | 10 | 5 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €209,766 | €216,910 | €227,503 | €136,493 | €166,579 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €64,591 | €60,589 | €111,383 | €40,149 | €8,056 |
| Intangible fixed assets | €0 | - | €16,901 | €0 | €0 |
| Financial fixed assets | - | €28,050 | - | - | €6,550 |
| €48,374 | €47,461 | €60,029 | €47,990 | €69,043 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.
The operating result for 2025 is 152% higher than in 2024 and the highest since 2006. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 69.0% to 74.3%. Equity and debt are higher.
Source: lists of holdings in the owners' accounts
Source: list of holdings in the 30-06-2025 accounts of . Every holding stands with its own latest accounts.
| SYDO
registered office since 14-02-2008 · founded in 2008 |
turnover €380,000 (2025) 0895.784.310 |
| ARDENNE IMMO INVEST
registered office since 23-12-2021 · founded in 2021 · negative equity (2025) |
total assets €5.0m (2025) 0779.291.664 |
| VAN CONVERSION
registered office since 17-11-2014 · founded in 2014 |
total assets €342,418 (2025) 0567.844.532 |
| STICKERS DESIGN
registered office since 26-06-2020 · founded in 2020 |
1.6 FTE (2025) 0749.457.929 |
via , at AMECAM until 2025 · Director (not named in the articles) · deed of 23-12-2019 founded in 2010 · negative equity (2025) |
total assets €6.9m (2025) |
via , at AMECAM until 2025 · Director (not named in the articles) · deed of 27-12-2021 founded in 2021 · negative equity (2025) |
total assets €5.0m (2025) |
via , at AMECAM until 2025 · Director (not named in the articles) · deed of 26-08-2019 founded in 2019 · negative equity (2025) |
1 FTE (2025) |
via , at AMECAM until 2025 · Director (not named in the articles) · deed of 06-12-2023 founded in 2016 · negative equity (2025) |
total assets €1.7m (2025) |
via , at AMECAM until 2025 · Director · deed of 07-02-2019 founded in 2019 · negative equity (2025) |
total assets €783,080 (2025) |
via , at AMECAM until 2025 · Director (not named in the articles) · deed of 06-12-2019 founded in 2014 · negative equity (2025) |
total assets €756,040 (2025) |
via , at AMECAM until 2025 · Director (not named in the articles) · deed of 22-09-2022 founded in 2022 · negative equity (2025) |
total assets €660,336 (2025) |
via , at AMECAM until 2025 · Director (not named in the articles) · deed of 28-07-2023 founded in 2023 · negative equity (2025) |
total assets €372,307 (2025) |
via , at AMECAM until 2025 · Director (not named in the articles) · deed of 09-10-2023 founded in 2008 |
turnover €32.5m (2025) |
via , at AMECAM until 2025 · Director (not named in the articles) · deed of 19-07-2022 founded in 2022 |
total assets €14.0m (2025) |
via , at AMECAM until 2025 · Chair and managing director · deed of 22-12-2021 founded in 2021 |
1 FTE (2025) |
via , at AMECAM until 2025 · Director · deed of 05-12-2023 founded in 2023 |
total assets €5.8m (2025) |
via , at AMECAM until 2025 · Director (not named in the articles) · deed of 06-12-2023 founded in 2017 |
1.8 FTE (2025) |
via , at AMECAM until 2020 · Sole director · deed of 14-07-2022 founded in 2022 |
total assets €2.3m (2025) |
via , at AMECAM until 2020 · Sole director · deed of 14-07-2022 founded in 1974 |
12 FTE (2025) |
via , at AMECAM until 2025 · Director (not named in the articles) · deed of 06-12-2023 founded in 2015 |
total assets €2.0m (2025) |
via , at AMECAM until 2025 · Director (not named in the articles) · deed of 25-06-2024 founded in 2024 |
total assets €1.5m (2025) |
via , at AMECAM until 2025 · Director (not named in the articles) · deed of 01-07-2022 founded in 2022 |
total assets €649,005 (2025) |
via , at AMECAM until 2025 · Director (not named in the articles) · deed of 06-04-2020 founded in 2008 |
3.9 FTE (2025) |
via (at AMECAM until 2023), (at AMECAM until 2025) and 2 others · Director · deeds of 20-10-2022 and 10-06-2020 founded in 2014 |
total assets €342,418 (2025) |
via (at AMECAM until 2023) and (at AMECAM until 2025) · deeds of 06-06-2025 and 30-06-2020 founded in 2020 |
1.6 FTE (2025) |
via , at AMECAM until 2025 · Director (not named in the articles) · deed of 20-01-2026 |
founded in 2026 |
via , at AMECAM until 2025 · Managing director · deed of 04-03-2019 No longer active · founded in 1977 |
52 FTE (2025) |
via , at AMECAM until 2025 · Director (not named in the articles) · deed of 22-12-2021 No longer active |
1 FTE (2024) |
via (at AMECAM until 2025) and (at AMECAM until 2025) · Director (not named in the articles) · deed of 14-05-2020 No longer active |
total assets €1.9m (2023) |
via (at AMECAM until 2023), (at AMECAM until 2025) and (at AMECAM until 2025) · deeds of 20-10-2022 and 10-06-2020 No longer active |
total assets €143,584 (2023) |
via , at AMECAM until 2025 · Manager · deed of 04-03-2019 No longer active |
total assets €5,549 (2023) |
via , at AMECAM until 2025 · Director · deed of 13-03-2018 No longer active |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| AMECAM SPRL registered office Rue Crufer 6, 4970 Stavelot | 08-01-1996 | 2.103.014.141 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 63027B0719/00A008 | 4,536 m² | 1 · 847 m² | 9.5 m · 2 |
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