AMESCO
ActiveSummary
AMESCO has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €664,560 and a net result of €86,578. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 59% of 1038 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+2
Solvency79▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 1.78 against 1.96 in 2024; short-term debt: 37.6% and cash: 4.6% of total assets), and 46.3% of the assets are financed with debt.
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Signals
Five 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
53.7%
Return on assets
7%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 04-02-2026, 4 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
4 d late
2024
27 d late
2023
on the day
2022
1 d late
2021
on the day
2020
2 d early
2019
7 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 3 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close26-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
In the rankings
#3 oldest company in Kinrooi, Manufacturing sector
Equity
€664,560▲ 6.7%
2024 · €622,982
Total assets
€1.2m▲ 5.7%
2024 · €1.2m
Net result
€86,578▲ 47.2%
2024 · €58,831
Working capital
€360,910▼ 8.4%
2024 · €393,898
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
Line20212022202320242025
Operating result€56,843▼ 1.7%€32,439▼ 42.9%€73,589▲ 127%€79,498▲ 8.0%€115,630▲ 45.4%
Net result€38,790▲ 8.0%€21,282▼ 45.1%€53,250▲ 150%€58,831▲ 10.5%€86,578▲ 47.2%
Equity€632,869▲ 3.9%€615,901▼ 2.7%€609,151▼ 1.1%€622,982▲ 2.3%€664,560▲ 6.7%
Total assets€1.2m▲ 3.8%€1.1m▼ 11.1%€1.2m▲ 12.3%€1.2m▼ 4.5%€1.2m▲ 5.7%
Debt€594,540▲ 3.7%€475,795▼ 20.0%€617,369▲ 29.8%€548,065▼ 11.2%€573,082▲ 4.6%
Working capital€451,069▲ 7.1%€392,640▼ 13.0%€381,413▼ 2.9%€393,898▲ 3.3%€360,910▼ 8.4%
Staff (FTE)9.9▼ 20.2%7▼ 29.3%9.6▲ 37.1%8.9▼ 7.3%9.4▲ 5.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 45% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€411,337 ▲ 12.1%
Current assets
€826,305 ▲ 2.7%
Equity and liabilities €1.2m
Equity
€664,560 ▲ 6.7%
Debt
€573,082 ▲ 4.6%
Debt's share of the balance-sheet total falls from 46.8% to 46.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€151,986▲
2024 · €113,995
Cash flow
€122,934▲
2024 · €93,328
Current ratio
1.78▼
2024 · 1.96
Quick ratio
1.61▼
2024 · 1.73
Debt to equity
0.86▼
2024 · 0.88
ROE
13.0%▲
2024 · 9.4%
ROA
7.0%▲
2024 · 5.0%
Interest coverage
38.52▲
2024 · 32.37
Debt ≤ 1 year
€465,395▲
2024 · €410,371
Debt > 1 year
€100,148▼
2024 · €131,378
Income taxes
€28,952▲
2024 · €21,460
Staff costs
€633,545▲
2024 · €632,608
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €2,000 | - |
| Remuneration, social security and pensions62 | - | €440,950 | €618,673 | €632,608 | €633,545 | ▲ 0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €37,678 | €36,220 | €35,090 | €34,496 | €36,356 | ▲ 5.4% |
| Other operating charges640/8 | - | €13,087 | €13,341 | €14,453 | €14,949 | ▲ 3.4% |
| Gross operating margin9900 | €696,477 | €522,696 | €740,692 | €761,056 | €800,480 | ▲ 5.2% |
| Operating profit (loss)9901 | €56,843 | €32,439 | €73,589 | €79,498 | €115,630 | ▲ 45.4% |
| Financial income75/76B | - | €86 | €225 | €4,314 | €3,846 | ▼ 10.9% |
| Recurring financial income75 | €1 | €86 | €225 | €4,314 | €3,846 | ▼ 10.9% |
| Financial charges65/66B | - | €4,172 | €2,861 | €3,522 | €3,946 | ▲ 12.0% |
| Recurring financial charges65 | €3,332 | €4,172 | €2,861 | €3,522 | €3,946 | ▲ 12.0% |
| Profit (loss) for the period before taxes9903 | €53,512 | €28,353 | €70,952 | €80,291 | €115,530 | ▲ 43.9% |
| Income taxes67/77 | €14,721 | €7,071 | €17,702 | €21,460 | €28,952 | ▲ 34.9% |
| Profit (loss) for the period9904 | €38,790 | €21,282 | €53,250 | €58,831 | €86,578 | ▲ 47.2% |
| Profit (loss) for the period to be appropriated9905 | €38,790 | €21,282 | €53,250 | €58,831 | €86,578 | ▲ 47.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €1.1m | €1.2m | €1.2m | €1.2m | ▲ 5.7% |
| Fixed assets21/28 | €371,507 | €385,049 | €399,761 | €366,778 | €411,337 | ▲ 12.1% |
| Tangible fixed assets22/27 | €371,372 | €385,049 | €399,761 | €366,259 | €411,337 | ▲ 12.3% |
| Land and buildings22 | - | €350,211 | €343,522 | €319,580 | €302,433 | ▼ 5.4% |
| Plant, machinery and equipment23 | - | €31,966 | €54,751 | €46,393 | €108,858 | ▲ 135% |
| Furniture and vehicles24 | - | €2,871 | €1,487 | €286 | €46 | ▼ 83.9% |
| Financial fixed assets28 | €135 | - | - | €519 | - | - |
| Current assets29/58 | €855,902 | €706,646 | €826,759 | €804,269 | €826,305 | ▲ 2.7% |
| Stocks and contracts in progress3 | €30,487 | €51,264 | €71,606 | €96,322 | €75,236 | ▼ 21.9% |
| Stocks30/36 | - | €51,264 | €71,606 | €96,322 | €75,236 | ▼ 21.9% |
| Amounts receivable within one year40/41 | €465,939 | €420,852 | €494,787 | €419,442 | €464,526 | ▲ 10.7% |
| Trade receivables40 | - | €420,788 | €433,586 | €416,581 | €464,004 | ▲ 11.4% |
| Other amounts receivable41 | - | €64 | €61,201 | €2,861 | €522 | ▼ 81.8% |
| Current investments50/53 | €220,000 | €209,000 | €144,000 | €223,147 | €215,000 | ▼ 3.7% |
| Cash at bank and in hand54/58 | €121,786 | €11,599 | €102,534 | €50,535 | €56,900 | ▲ 12.6% |
| Deferred charges and accrued income490/1 | - | €13,932 | €13,832 | €14,824 | €14,643 | ▼ 1.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €1.1m | €1.2m | €1.2m | €1.2m | ▲ 5.7% |
| Equity10/15 | €632,869 | €615,901 | €609,151 | €622,982 | €664,560 | ▲ 6.7% |
| Contributions10/11 | €75,000 | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Capital10 | - | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Issued capital100 | - | €75,000 | €75,000 | €75,000 | €75,000 | = |
| Reserves13 | €557,869 | €540,901 | €534,151 | €547,982 | €589,560 | ▲ 7.6% |
| Non-distributable reserves130/1 | - | €7,500 | €7,500 | €7,500 | €7,500 | = |
| Legal reserve130 | - | €7,500 | €7,500 | €7,500 | €7,500 | = |
| Distributable reserves133 | - | €533,401 | €526,651 | €540,482 | €582,060 | ▲ 7.7% |
| Amounts payable17/49 | €594,540 | €475,795 | €617,369 | €548,065 | €573,082 | ▲ 4.6% |
| Amounts payable after more than one year17 | €184,416 | €156,156 | €165,782 | €131,378 | €100,148 | ▼ 23.8% |
| Financial debts170/4 | - | €156,156 | €165,782 | €131,378 | €100,148 | ▼ 23.8% |
| Amounts payable within one year42/48 | €404,834 | €314,006 | €445,346 | €410,371 | €465,395 | ▲ 13.4% |
| Current portion of amounts payable after more than one year42 | - | €28,260 | €33,982 | €34,315 | €58,360 | ▲ 70.1% |
| Trade debts44 | €257,261 | €209,071 | €237,909 | €240,667 | €261,700 | ▲ 8.7% |
| Suppliers440/4 | - | €209,071 | €237,909 | €240,667 | €261,700 | ▲ 8.7% |
| Taxes, remuneration and social security45 | - | €76,675 | €113,454 | €90,389 | €100,336 | ▲ 11.0% |
| Taxes450/3 | - | €15,585 | €24,908 | €2,323 | €10,459 | ▲ 350% |
| Remuneration and social security454/9 | - | €61,090 | €88,546 | €88,065 | €89,877 | ▲ 2.1% |
| Other amounts payable47/48 | - | - | €60,000 | €45,000 | €45,000 | = |
| Accrued charges and deferred income492/3 | - | €5,633 | €6,241 | €6,317 | €7,539 | ▲ 19.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38,790 | €21,282 | €53,250 | €58,831 | €86,578 | ▲ 47.2% |
| + Depreciation and write-downs630 | €37,678 | €36,220 | €35,090 | €34,496 | €36,356 | ▲ 5.4% |
| Operating cash flow (approximation) | €76,469 | €57,502 | €88,340 | €93,328 | €122,934 | ▲ 31.7% |
| Investment in fixed assets (approximation) | - | -€49,763 | -€49,801 | -€1,514 | -€80,915 | ▼ 5,245% |
| Change in cash | - | -€110,188 | €90,935 | -€51,999 | €6,365 | ▲ 112% |
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
Next filing, fiscal year 2026, expected by
2026
04-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 4 days late
2025
30-06
Financial
Highest result since 2019net €86,578 ▲47.2%
Operating result €115,630, net result €86,578, both a record.
27-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
01-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 1 day late
2022
30-06
Financial
Weakest financial yearnet €21,282 ▼45.1%
Net result drops to €21,282, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
12-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 12 days late
2018
24-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kinrooi · 1 establishment unit since 1990
Ground area
6,291 m²
Building footprint
2,658 m²
Volume, LiDAR
18,267 m³
Parcel 72026C0337/00A009, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AMESCO
since 19902.048.892.495
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72026C0337/00A009 | Flanders | 6,291 m² | 1 · 2,658 m² | 7.9 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 5,641 EUR awarded · 5,641 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 327 EUR | 327 EUR |
| 2024 | 2 | 3,364 EUR | 3,418 EUR |
| 2023 | 2 | 1,812 EUR | 1,758 EUR |
| 2022 | 1 | 138 EUR | 138 EUR |
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Of 3,984 companies in sector 25110 we hold annual accounts for 2,145. 1,477 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded27-06-1990
Fiscal year end30-06
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
25530Machining of metals
Scores and ratios are computed by Checked and are not a credit decision.