AMG SERVICES
Open bankruptcyA bankruptcy procedure is open for AMG SERVICES according to publications in the Belgian State Gazette; curator: JACQUES PIRON.
Summary
The 2021 annual accounts show negative equity (€-75k) and a net result of €22k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2021, full schema
Turnover
€1.34M▲ 15.4%
2018 · €1.16M
2018: €1.16M
2018 → 2020
EBIT margin
-16.8%▼ 20.5pp
2018 · 3.7%
2018: 3.7%
2018 → 2020
Net result
€22k
2020 · €-236k
2018: €10k
2019: €15k
2020: €-236k
2018 → 2021
Working capital
€-82k▲ 27.4%
2020 · €-113k
2018: €120k
2019: €115k
2020: €-113k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Turnover€1.16M-€1.34M
Equity€123k-€139k▲ 12.3%€-97k€-75k▲ 22.5%
Operating result€43k-€34k▼ 19.0%€-224k€34k
Net result€10k-€15k▲ 47.4%€-236k€22k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €34k after a loss of €224k in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €458k
Fixed assets
€6k ▼ 58.2%
Current assets
€452k ▲ 31.4%
Key figures and ratios
EBITDA
€44k▲
2020 · €-213k
Cash flow
€32k▲
2020 · €-224k
Solvency
-16.5%▲
2020 · -27.1%
Current ratio
0.85▲
2020 · 0.75
Debt to equity
-7.08▼
2020 · -4.69
ROA
4.8%▲
2020 · -65.7%
Interest coverage
17.62▲
2020 · -132.48
Debt
€533k▲
2020 · €456k
Debt ≤ 1 year
€533k▲
2020 · €456k
Income taxes
€9k▼
2020 · €10k
Staff costs
€0▼
2020 · €299
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 49 lines
Balance sheet
Code20202021
Assets
Total assets20/58€359k€458k▲
Fixed assets21/28€15k€6k▼
Tangible fixed assets22/27€12k€3k▼
Furniture and vehicles24€12k€3k▼
Financial fixed assets28€3k€3k=
Current assets29/58€344k€452k▲
Amounts receivable within one year40/41€327k€423k▲
Trade receivables40€274k€330k▲
Other amounts receivable41€53k€93k▲
Cash at bank and in hand54/58€16k€28k▲
Equity and liabilities
Total equity and liabilities10/49€359k€458k▲
Equity10/15€-97k€-75k▲
Contributions10/11€14k€14k=
Capital10€14k-
Issued capital100€19k-
Uncalled capital101€5k-
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k-
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€-113k€-91k▲
Amounts payable17/49€456k€533k▲
Amounts payable within one year42/48€456k€533k▲
Financial debts43€25k€25k=
Credit institutions430/8€25k€25k=
Trade debts44€428k€497k▲
Suppliers440/4€428k€497k▲
Taxes, remuneration and social security45€3k€4k▲
Taxes450/3€3k€3k▲
Remuneration and social security454/9€103€1k▲
Other amounts payable47/48€0€7k▲
Income statement
Code20202021
Turnover70€1.34M-
Non-recurring operating income76A-€100
Goods, raw materials, services and sundry goods60/61€1.54M-
Remuneration, social security and pensions62€299€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€10k▼
Other operating charges640/8€13k€10k▼
Gross operating margin9900€-199k€54k▲
Operating profit (loss)9901€-224k€34k▲
Financial income75/76B€10-
Recurring financial income75€10-
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€-226k€31k▲
Income taxes67/77€10k€9k▼
Profit (loss) for the period9904€-236k€22k▲
Profit (loss) for the period to be appropriated9905€-236k€22k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-113k€-91k▲
Profit (loss) brought forward from the previous period14P€123k€-113k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
10-07
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL AMG SERVICES RUE JACQUES BALLINGS 5, 1140 EVERE · event 28-06-2024
2022
02-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 124 days late
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 341 days late
2021
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
26-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 179 days late
2020
31-12
Financial
Weakest financial yearnet €-236k ▼1654%
Net result drops to €-236k, the lowest in the series.
2019
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 59 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2017
14-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 136 days late
2016
26-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 148 days late
2015
26-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Evere · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Jaak Ballingsstraat 51140 EvereGround area
277 m²
Building footprint
120 m²
Volume, LiDAR
1,003 m³
Parcel 21006A0392/00L005, Brussels · tallest building 14.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
AMG SERVICES
since 20132.222.190.222
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21006A0392/00L005 | Brussels | 277 m² | 1 · 120 m² | 14.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JACQUES PIRON AVENUE DE LA TOISON D’OR 77,
1060 SAINT-GILLES |
28-06-2024 → present |
Similar companies · same sector, comparable size
Ludo Lysen
BE 0421.120.451
Zandhoven · Eq €138,767
CLEANING NET PARTNERS
BE 0479.939.073
Anderlecht · Eq €138,480
AB RENOV
BE 0831.413.526
Bassenge · Eq €138,461
ALL WORKS SCHOONMAAKBEDRIJF
BE 0898.925.823
Viroinval · Eq €138,412
HOO+
BE 0756.887.832
Seraing · Eq €139,092
Of 7,013 companies in sector 81220 we hold annual accounts for 2,416. 1,937 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded17-07-2013
Fiscal year end31-12
Activities, NACEBEL 2025
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@amg-groupe.be