Active BE 0536.744.055Private limited company (pre-2019)Open bankruptcy

AMG SERVICES

Jaak Ballingsstraat 5 ·1140 Evere, Belgium· 13 yrs active

Sector: Overige reiniging van gebouwen; industriële reiniging (81220)

Conclusion Checked

A bankruptcy procedure is open for AMG SERVICES according to publications in the Belgian State Gazette. The 2021 annual accounts show negative equity (€-75k) and a net result of €22k.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€-75k
Net result	€22k
Better than sector	5%
Active	13 yrs

Snowflake analysis 5 of 5 axes measured · computed by Checked

18 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 0

Solvency 41

Growth 50

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2021 · computed

0 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2021 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview8 NBB filings

Annual accounts filed on 02-12-2022 with the NBB · fiscal year 2021 · volledig

RevenueOperating resultNet result

Sector comparison

Fiscal year 2021 · NACE 81, Cleaning & landscape services · compared within the same schema type (full schema)

Metric	This company	Sector median	Position in the sector
Solvency	-16.5%	28.7%	better than 5% of 47 sector peers
Net result	€22k	€6k	better than 65% of 47 sector peers
Equity	€-75k	€78k	better than 5% of 47 sector peers
Gross operating margin	€54k	€105k	better than 45% of 40 sector peers
Staff costs	€0	€89k	higher than 5% of 30 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Revenue

€1.34M

+15.4% 18-21

EBITDA

€44k

- 18-21

Net profit

€22k

- 18-21

Cash flow

€32k

- 18-21

Total assets

€458k

+27.5% 18-21

Equity

€-75k

+22.5% 18-21

Working capital

€-82k

+27.4% 18-21

Staff costs

€0

-100.0% 18-21

Income taxes

€9k

-6.1% 18-21

Debt

€533k

+16.9% 18-21

Debt ≤ 1y

€533k

+16.9% 18-21

Debt > 1y

€14k

- 18-21

Current ratio

0.85

+12.4% 18-21

Quick ratio

0.85

+12.4% 18-21

Solvency

-16.5%

+39.3% 18-21

Debt / equity

-7.08

-50.8% 18-21

ROE

-29.1%

- 18-21

ROA

4.8%

- 18-21

Net margin

-17.7%

- 18-21

EBITDA margin

-15.9%

- 18-21

Interest coverage

17.62

- 18-21

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2021
Deposit	volledig
Revenue	-
EBITDA	€44k
Net profit	€22k
Cash flow	€32k
Staff costs	€0
Income taxes	€9k
Dividends	-
Total assets	€458k
Equity	€-75k
Debt	€533k
of which ≤ 1y	€533k
of which > 1y	-
Working capital	€-82k
Employees (FTE)	-

Ratios (computed)

	2021
Current ratio	0.85
Quick ratio	0.85
Working capital ratio	-17.9%
Solvency	-16.5%
Debt / equity	-7.08
Long-term debt ratio	-
Interest coverage	17.62
Gross margin	-
Net margin	-
ROA	4.8%
ROE	-29.1%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2021

Assets

Fixed assets €6k · 1.4% Current assets €452k · 98.6%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€458k
Fixed assets	21/28	€6k
Tangible fixed assets	22/27	€3k
Financial fixed assets	28	€3k
Current assets	29/58	€452k
Amounts receivable within one year	40/41	€423k
Cash & bank	54/58	€28k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€458k
Equity	10/15	€-75k
Contributions / capital	10/11	€14k
Reserves	13	€2k
Accumulated profits (losses)	14	€-91k
Amounts payable	17/49	€533k
Amounts payable within one year	42/48	€533k
Trade debts payable within one year	44	€497k
Income statement
Gross operating margin	9900	€54k
Operating result	9901	€34k
Financial charges	65	€3k
Result before taxes	9903	€31k
Income taxes	67/77	€9k
Net result for the period	9904	€22k
Result to be appropriated	9905	€22k

You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	JACQUES PIRON AVENUE DE LA TOISON D’OR 77, 1060 SAINT-GILLES ↔ Also on 160 other cases	28-06-2024 → present	Belgian State Gazette

Legal Structure

NACE primary	Overige reiniging van gebouwen; industriële reiniging(81220)
Legal form	Private limited company (pre-2019)(015)
Incorporation	17-07-2013
Status	Active
Postal code	1140
First BS signal	10-07-2024
Latest BS signal	10-07-2024

Establishment units 1 location

AMG SERVICES

Jaak Ballingsstraat 5, 1140 EvereAlgemene reiniging van gebouwen

since 20132.222.190.222

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21006A0392/00L005	Brussels	277 m²	1 · 120 m²	14.4 m · 3 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 9 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024

10-07-2024

Bankruptcy Opening

Tribunal de l’entreprise francophone de Bruxelles · SRL AMG SERVICES RUE JACQUES BALLINGS 5, 1140 EVERE · event 28-06-2024

2022

02-12-2022