Summary
AMG² has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €220.5m and a net result of -€5.2m. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 95% of 137 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 26-03-2026, 5 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
5 d early
2024
4 d early
2023
9 d early
2022
3 d early
2021
8 d early
2020
85 d late
← 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 9 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-08-2026 and is due by 31-03-2027. Nothing is late today. Usually files around 26 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-08-2026 close29-09-2026 today31-03-2027 deadline
History
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How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, full schema, statutory accounts
In the rankings
#2 company by total assets in West Flanders, Computer and electronic products sector#2 company by equity in West Flanders, Computer and electronic products sector
Turnover
€3.5m▲ 0.1%
2024 · €3.5m
EBIT margin
-26.9%▲ 2.8pp
2024 · -29.7%
Net result
-€5.2m
2024 · €67,641
Working capital
€5.6m▲ 16.7%
2024 · €4.8m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 26, Manufacture of computer, electronic and optical products, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€7.6m▼ 0.3%€7.4m▼ 2.4%€7.6m▲ 2.5%€3.5m▼ 54.0%€3.5m▲ 0.1%
Operating result€3.5m▼ 32.3%€2.6m▼ 23.6%€3.0m▲ 13.9%-€1.0m-€942,644▲ 9.5%
Net result€25.9mabove the sector's middle half▲ 438%€5.6mabove the sector's middle half▼ 78.3%€2.8mabove the sector's middle half▼ 50.1%€67,641within the sector's middle half▼ 97.6%-€5.2mbelow the sector's middle half
EBIT margin45.5%▼ 21.4pp35.6%▼ 9.9pp39.6%▲ 4.0pp-29.7%▼ 69.3pp-26.9%▲ 2.8pp
Equity€211.6mabove the sector's middle half▲ 8.5%€215.7mabove the sector's middle half▲ 1.9%€218.5mabove the sector's middle half▲ 1.3%€218.6mabove the sector's middle half▲ 0.1%€220.5mabove the sector's middle half▲ 0.9%
Total assets€218.1mabove the sector's middle half▼ 2.9%€249.7mabove the sector's middle half▲ 14.5%€236.8mabove the sector's middle half▼ 5.2%€233.0mabove the sector's middle half▼ 1.6%€231.7mabove the sector's middle half▼ 0.5%
Debt€6.4m▼ 78.4%€33.9m▲ 428%€18.2m▼ 46.2%€14.3m▼ 21.5%€11.2m▼ 21.8%
Working capital€24.6mabove the sector's middle half€9.4mabove the sector's middle half▼ 61.9%€3.3mwithin the sector's middle half▼ 64.6%€4.8mwithin the sector's middle half▲ 45.7%€5.6mwithin the sector's middle half▲ 16.7%
Solvency97.0%above the sector's middle half▲ 10.3pp86.4%above the sector's middle half▼ 10.6pp92.3%above the sector's middle half▲ 5.9pp93.8%above the sector's middle half▲ 1.6pp95.2%above the sector's middle half▲ 1.3pp
Current ratio10.82above the sector's middle half▲ 10.292.68within the sector's middle half▼ 8.141.64within the sector's middle half▼ 1.042.18within the sector's middle half▲ 0.542.65within the sector's middle half▲ 0.47
Return on assets (ROA)11.9%above the sector's middle half▲ 9.7pp2.2%within the sector's middle half▼ 9.6pp1.2%within the sector's middle half▼ 1.1pp0.0%within the sector's middle half▼ 1.2pp-2.2%within the sector's middle half▼ 2.3pp
Staff (FTE)12.7within the sector's middle half▲ 8.5%12.6within the sector's middle half▼ 0.8%12.4within the sector's middle half▼ 1.6%12.6within the sector's middle half▲ 1.6%12.2within the sector's middle half▼ 3.2%
above
within
below
the middle half (P25 to P75) of NACE 26, Manufacture of computer, electronic and optical products, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €942,644 in 2025 against €1.0m in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €231.7m
Fixed assets
€222.7m ▼ 0.6%
Current assets
€9.1m ▲ 1.4%
Equity and liabilities €231.7m
Equity
€220.5m ▲ 0.9%
Provisions
€42,137 ▼ 9.3%
Debt
€11.2m ▼ 21.8%
Debt's share of the balance-sheet total falls from 6.1% to 4.8%. Equity is higher and debt is lower.
Key figures and ratios
ROE
-2.3%▼
2024 · 0.0%
Debt ≤ 1 year
€3.4m▼
2024 · €4.1m
Debt > 1 year
€7.8m▼
2024 · €10.2m
Income taxes
-€15,725▼
2024 · -€1,066
Staff costs
€1.3m▲
2024 · €1.2m
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 |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €7.7m | €7.9m | €3.8m | €3.9m | ▲ 1.8% |
| Turnover70 | €7.6m | €7.4m | €7.6m | €3.5m | €3.5m | ▲ 0.1% |
| Other operating income74 | - | €275,808 | €254,369 | €258,259 | €366,233 | ▲ 41.8% |
| Non-recurring operating income76A | - | - | - | €43,721 | - | - |
| Operating charges60/66A | - | €5.1m | €4.9m | €4.8m | €4.8m | ▼ 0.6% |
| Services and other goods61 | - | €3.1m | €2.8m | €2.7m | €2.8m | ▲ 2.7% |
| Remuneration, social security and pensions62 | - | €1.0m | €1.1m | €1.2m | €1.3m | ▲ 9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €759,613 | €874,067 | €990,605 | €973,054 | €754,204 | ▼ 22.5% |
| Other operating charges640/8 | - | €13,043 | €15,536 | €15,259 | €17,848 | ▲ 17.0% |
| Operating profit (loss)9901 | €3.5m | €2.6m | €3.0m | -€1.0m | -€942,644 | ▲ 9.5% |
| Financial income75/76B | - | €4.1m | €1.6m | €1.6m | €1.3m | ▼ 18.4% |
| Recurring financial income75 | €43,514 | €260,383 | €1.6m | €1.3m | €1.3m | ▼ 1.7% |
| Income from financial fixed assets750 | - | - | - | €350,000 | - | - |
| Income from current assets751 | - | €260,383 | €787,808 | €939,641 | €771,156 | ▼ 17.9% |
| Other financial income752/9 | - | - | €825,080 | €24,640 | €520,823 | ▲ 2,014% |
| Non-recurring financial income76B | - | €3.8m | - | €268,525 | - | - |
| Financial charges65/66B | - | €556,691 | €849,437 | €493,744 | €5.5m | ▲ 1,018% |
| Recurring financial charges65 | €137,046 | €556,691 | €845,927 | €493,744 | €957,496 | ▲ 93.9% |
| Debt charges650 | €133,560 | €267,797 | €842,833 | €456,771 | €396,159 | ▼ 13.3% |
| Other financial charges652/9 | - | €288,894 | €3,094 | €36,973 | €561,337 | ▲ 1,418% |
| Non-recurring financial charges66B | - | - | €3,510 | - | €4.6m | - |
| Profit (loss) for the period before taxes9903 | €26.7m | €6.2m | €3.8m | €47,949 | -€5.2m | ▼ 10,883% |
| Transfer from deferred taxes780 | - | €18,625 | €18,625 | €18,626 | €4,316 | ▼ 76.8% |
| Income taxes67/77 | €901,672 | €595,440 | €988,729 | -€1,066 | -€15,725 | ▼ 1,375% |
| Taxes670/3 | - | €604,788 | €988,729 | €17,510 | €900 | ▼ 94.9% |
| Tax adjustments and reversals of tax provisions77 | - | €9,348 | - | €18,576 | €16,625 | ▼ 10.5% |
| Profit (loss) for the period9904 | €25.9m | €5.6m | €2.8m | €67,641 | -€5.2m | ▼ 7,714% |
| Transfer from tax-exempt reserves789 | - | €1.0m | €548,295 | €1.8m | €9,368 | ▼ 99.5% |
| Transfer to tax-exempt reserves689 | - | €421,000 | €421,000 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €25.8m | €6.2m | €2.9m | €1.9m | -€5.1m | ▼ 378% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €218.1m | €249.7m | €236.8m | €233.0m | €231.7m | ▼ 0.5% |
| Fixed assets21/28 | €191.1m | €234.7m | €228.3m | €224.0m | €222.7m | ▼ 0.6% |
| Intangible fixed assets21 | €2.7m | €2.3m | €1.7m | €1.3m | €785,288 | ▼ 40.8% |
| Tangible fixed assets22/27 | €2.7m | €2.7m | €3.0m | €2.9m | €3.2m | ▲ 11.2% |
| Land and buildings22 | - | €2.5m | €2.8m | €2.8m | €3.1m | ▲ 12.1% |
| Furniture and vehicles24 | - | €172,949 | €159,151 | €151,029 | €142,907 | ▼ 5.4% |
| Financial fixed assets28 | €185.6m | €229.7m | €223.5m | €219.8m | €218.6m | ▼ 0.5% |
| Affiliated companies280/1 | - | €228.8m | €222.6m | €218.9m | €217.7m | ▼ 0.5% |
| Participating interests280 | - | €201.7m | €201.7m | €201.9m | €204.5m | ▲ 1.3% |
| Amounts receivable281 | - | €27.1m | €20.9m | €17.0m | €13.3m | ▼ 22.0% |
| Companies linked by participating interests282/3 | - | €942,384 | €936,374 | €917,174 | €917,174 | = |
| Participating interests282 | - | €942,384 | €936,374 | €917,174 | €917,174 | = |
| Other financial fixed assets284/8 | - | €4,199 | €4,199 | €4,199 | €4,199 | = |
| Amounts receivable and cash guarantees285/8 | - | €4,199 | €4,199 | €4,199 | €4,199 | = |
| Current assets29/58 | €27.1m | €15.0m | €8.5m | €8.9m | €9.1m | ▲ 1.4% |
| Amounts receivable after more than one year29 | - | €5.0m | €4.0m | €5.0m | €5.0m | = |
| Other amounts receivable291 | - | €5.0m | €4.0m | €5.0m | €5.0m | = |
| Amounts receivable within one year40/41 | €2.0m | €1.8m | €2.0m | €2.7m | €2.7m | ▼ 3.4% |
| Trade receivables40 | - | €397,576 | €438,176 | €369,066 | €457,477 | ▲ 24.0% |
| Other amounts receivable41 | - | €1.4m | €1.5m | €2.4m | €2.2m | ▼ 7.6% |
| Cash at bank and in hand54/58 | €25.1m | €8.0m | €2.3m | €867,443 | €1.1m | ▲ 24.8% |
| Deferred charges and accrued income490/1 | - | €208,348 | €267,216 | €315,436 | €319,149 | ▲ 1.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €218.1m | €249.7m | €236.8m | €233.0m | €231.7m | ▼ 0.5% |
| Equity10/15 | €211.6m | €215.7m | €218.5m | €218.6m | €220.5m | ▲ 0.9% |
| Contributions10/11 | - | €33.8m | €33.8m | €33.8m | €33.8m | = |
| Revaluation surpluses12 | - | €80.0m | €80.0m | €80.0m | €87.1m | ▲ 8.8% |
| Reserves13 | €96.3m | €101.9m | €104.7m | €104.8m | €99.7m | ▼ 4.9% |
| Tax-exempt reserves132 | - | €2.7m | €2.6m | €844,792 | €842,000 | ▼ 0.3% |
| Distributable reserves133 | - | €99.2m | €102.1m | €103.9m | €98.8m | ▼ 4.9% |
| Profit (loss) carried forward14 | €35,211 | €35,211 | €35,211 | €35,211 | - | - |
| Provisions and deferred taxes16 | €102,330 | €83,705 | €65,079 | €46,453 | €42,137 | ▼ 9.3% |
| Deferred taxes168 | - | €83,705 | €65,079 | €46,453 | €42,137 | ▼ 9.3% |
| Amounts payable17/49 | €6.4m | €33.9m | €18.2m | €14.3m | €11.2m | ▼ 21.8% |
| Amounts payable after more than one year17 | €3.9m | €28.3m | €13.0m | €10.2m | €7.8m | ▼ 23.9% |
| Financial debts170/4 | - | €28.3m | €13.0m | €10.2m | €7.8m | ▼ 23.9% |
| Credit institutions173 | - | €18.3m | €12.8m | €9.4m | €6.5m | ▼ 30.8% |
| Other loans174 | - | €10.1m | €256,126 | €761,318 | €1.2m | ▲ 62.4% |
| Amounts payable within one year42/48 | €2.5m | €5.6m | €5.2m | €4.1m | €3.4m | ▼ 16.7% |
| Current portion of amounts payable after more than one year42 | - | €4.7m | €4.2m | €3.1m | €2.5m | ▼ 20.4% |
| Trade debts44 | €394,274 | €577,078 | €605,982 | €759,850 | €705,070 | ▼ 7.2% |
| Suppliers440/4 | - | €577,078 | €605,982 | €759,850 | €705,070 | ▼ 7.2% |
| Taxes, remuneration and social security45 | - | €204,798 | €360,867 | €264,207 | €262,998 | ▼ 0.5% |
| Taxes450/3 | - | €9,963 | €195,437 | €11,323 | €12,835 | ▲ 13.4% |
| Remuneration and social security454/9 | - | €194,835 | €165,430 | €252,884 | €250,163 | ▼ 1.1% |
| Other amounts payable47/48 | - | €98,963 | €39,809 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25.9m | €5.6m | €2.8m | €67,641 | -€5.2m | ▼ 7,714% |
| + Depreciation and write-downs630 | €759,613 | €874,067 | €990,605 | €973,054 | €754,204 | ▼ 22.5% |
| Operating cash flow (approximation) | €26.6m | €6.5m | €3.8m | €1.0m | -€4.4m | ▼ 522% |
| Investment in fixed assets (approximation) | - | -€44.5m | €5.5m | €3.3m | €612,553 | ▼ 81.2% |
| Change in cash | - | -€17.1m | -€5.7m | -€1.4m | €214,754 | ▲ 115% |
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
03-09
State Gazette act
Reappointment: NV CALLENS VANDELANOTTE (statutory auditor)Permanent representatives: Nikolas Vandelanotte and Peter Ameloot4 facts ▸
State Gazette act
Reappointment: NV CALLENS VANDELANOTTE (statutory auditor)
Permanent representatives: Nikolas Vandelanotte and Peter Ameloot4 facts ▸
- General meeting, 26-02-2026
- Auditor reappointment, NV CALLENS VANDELANOTTE (statutory auditor)
- Permanent representative, Nikolas Vandelanotte (representative)
- Permanent representative, Peter Ameloot (permanent representative)
24-08
NBB filing
Annual accounts filed
fiscal year 2024 · consolidated
26-03
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
05-03
NBB filing
Annual accounts filed
fiscal year 2023 · consolidated
2025
31-08
Financial
Weakest financial yearnet -€5.2m
Net result drops to -€5.2m, the lowest in the series.
27-03
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
13-09
NBB filing
Annual accounts filed
fiscal year 2022 · consolidated
22-03
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
28-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · consolidated
23-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-08
Financial
Liquidity times 20current ratio 10.82
Current ratio from 0.53 to 10.82; short-term debt falls from €14.3m to €2.5m.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · consolidated · 85 days late
2020
31-08
Financial
Equity above €100mEq €195.0m ▲116%
2 profitable years in a row build equity to €195.0m.
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 16 acts read
About the unread acts
Of the 16 Belgian State Gazette acts we know for this company, 1 has been read. The other 15 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
Statutory auditor 1
CALLENS VANDELANOTTE
CurrentStatutory auditor · since 03-09-2026 · perm. rep.: Nikolas Vandelanotte
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 →
Location & real-estate footprint
Registered office, Wevelgem · 1 establishment unit since 2011
Ground area
3.4 ha
Building footprint
2.5 ha
Parcel 34029B0583/00R000, Flanders. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
AMG²
since 20112.194.785.346
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34029B0583/00R000 | Flanders | 3.4 ha | 1 · 2.5 ha | - |
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.
Mandate history
1 person since 2026, 1 in office
- Statutory auditor
| Name | Functions and periods |
|---|---|
| CALLENS VANDELANOTTE |
|
Structure & network
Owners and holdings
16 holdings · 14 subsidiaries in the treeOwners 0
The accounts to 31-08-2025 list no shareholders, and no other source names one.
Holdings 16
-
100%
-
100%
- DELTA LIGHT COLOMBIA S.A.S.COsubsidiarySourceown accounts 31-08-2025Equity COP 156.2mResult -COP 36.6m100%
-
100%
-
100%
- DELTA LIGHT INDIA PRIVATE LTDINsubsidiarySourceown accounts 31-08-2025Equity INR 57.2mResult INR 7.0m100%
-
100%
-
100%
- DELTA LIGHT SHANGHAI CO LTDCNsubsidiarySourceown accounts 31-08-2025Equity -CNY 1.3mResult CNY 602,328100%
-
100%
Show 6 more holdings
-
100%
-
90%
-
85.63%
-
47%
-
25%
-
25%
All subsidiaries, including indirect ones 14
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
DELTA LIGHT 100%1 subsidiary
- DELTA LIGHT REEMALT 100%
- DELTA LIGHT ASIA PACIFICHK 100%
- DELTA LIGHT COLOMBIA S.A.S.CO 100%
- DELTA LIGHT GMBHDE 100%
- DELTA LIGHT IBERIA S.L.U.ES 100%
- DELTA LIGHT INDIA PRIVATE LTDIN 100%
- DELTA LIGHT ITALIA SRLIT 100%
- DELTA LIGHT SASFR 100%
- DELTA LIGHT SHANGHAI CO LTDCN 100%
- DELTA LIGHT UK LIMITEDGB 100%
- JP WORKS USAUS 100%
- DELTA LIGHT NEDERLANDNL 90%
- JP INVEST 85.63%
According to the annual accounts to 31-08-2025 of AMG² and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
Identification
Legal formPrivate limited company
Founded22-12-2010
Fiscal year end31-08
Activities, NACEBEL 2025
26400Manufacture of computer, electronic and optical products
74140Other specialised design activities
27402Manufacture of electrical equipment
43222Installation of electric heating, air conditioning, cooling and ventilation
64210Activities of holding companies
70100Activities of head offices
E-invoicing
Reachable via Peppol
Peppol ID
0208:0832142313
Also
9925:BE0832142313
Registered
24-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.