AMGHAR SERVICES

Active

Private limited company (pre-2019)founded 20188 yrs activeLouis Mettewielaan 91, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0687.849.962

The computed 12-month bankruptcy probability of AMGHAR SERVICES is 1.9% (moderate). The 2024 annual accounts show equity of €29k and a net result of €21k. Equity is growing by ~20% per year across the filed fiscal years. Its solvency ranks better than 46% of 1633 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

61 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2021

Profitability100▲+100

Solvency67▼-33

Growth78▲+26

Track record100

Bankruptcy probability, 12 months

1.9% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1.5k at 30 days acceptable

Liquidity tight (current ratio 1.34 against 0.95 in 2021; short-term debt: 57.6% and cash: 0% of total assets), and 57.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 33

Relative position

BE, all sectors

reference

Sector 33

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

42.4%

Return on assets

30.3%

Age of the figures

21 mo

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 5 filings

Deviation from the deadline

2025

not confirmed

2024

61 d late

2021

153 d late

2020

381 d late

2019

92 d late

2018

114 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€16k

EBIT margin

-37.0%

Net result

€21k

2021 · €-6k

2018: €3k 2019: €6k 2020: €8k 2021: €-6k

2018 → 2024

Working capital

€13k

2021 · €-151

2018: €9k 2019: €15k 2020: €888 2021: €-151

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20182019202020212024Trend

Turnover€16k

Equity€9k-€15k▲ 67.1%€19k▲ 22.4%€12k▼ 33.5%€29k▲ 134%

Operating result€5k-€7k▲ 39.2%€11k▲ 45.5%€-6k€21k

Net result€3k-€6k▲ 113%€8k▲ 38.2%€-6k€21k

Result per fiscal year

Operating resultNet result

The operating result is €21k in 2024, compared with €-6k in 2021. Comparable figures for the intervening years are unavailable.

Balance-sheet composition

2024 in colour, 2021 as the grey bar beneath

Assets €68k

23.1%

76.9%

Fixed assets €16k▲ 25.8%

Current assets €52k▲ 1,584%

Equity and liabilities €68k

42.4%

57.6%

Equity €29k▲ 134%

Debt €39k▲ 1,102%

The debt ratio rises from 20.9% to 57.6%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2021

EBITDA

€31k▲

2021 · €-891

Cash flow

€31k▲

2021 · €-1k

Solvency

42.4%▼

2021 · 79.1%

Current ratio

1.34▲

2021 · 0.95

Quick ratio

1.34▲

2021 · 0.95

Debt / equity

1.36▲

2021 · 0.26

ROE

71.3%▲

2021 · -50.3%

ROA

30.3%▲

2021 · -39.8%

Interest coverage

136.69▲

2021 · -6.01

Debt

€39k▲

2021 · €3k

Debt ≤ 1 year

€39k▲

2021 · €3k

Income taxes

€3k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2021

Balance sheet Code20212024

Assets

Total assets20/58€16k€68k▲

Fixed assets21/28€12k€16k▲

Tangible fixed assets22/27€12k€16k▲

Furniture and vehicles24€12k€16k▲

Current assets29/58€3k€52k▲

Amounts receivable within one year40/41€3k€52k▲

Trade receivables40€3k€8k▲

Other amounts receivable41-€45k

Cash at bank and in hand54/58€160€8▼

Equity and liabilities

Total equity and liabilities10/49€16k€68k▲

Equity10/15€12k€29k▲

Contributions10/11€6k€6k=

Outside capital11€6k-

Share premium1100/10€6k-

Reserves13€2k€23k▲

Non-distributable reserves130/1€2k€2k=

Legal reserve130€2k-

Reserves not available under the articles1311-€2k

Distributable reserves133-€21k

Profit (loss) carried forward14€4k-

Amounts payable17/49€3k€39k▲

Amounts payable within one year42/48€3k€39k▲

Trade debts44-€20k

Suppliers440/4-€20k

Taxes, remuneration and social security45€966€8k▲

Taxes450/3€966€6k▲

Remuneration and social security454/9-€1k

Other amounts payable47/48€2k€12k▲

Income statement Code20212024

Turnover70€16k-

Goods, raw materials, services and sundry goods60/61€17k-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€10k▲

Other operating charges640/8€672€479▼

Gross operating margin9900€-219€32k▲

Operating profit (loss)9901€-6k€21k▲

Financial income75/76B-€2k

Recurring financial income75-€2k

Financial charges65/66B€148€230▲

Recurring financial charges65€148€230▲

Profit (loss) for the period before taxes9903€-6k€23k▲

Income taxes67/77-€3k

Profit (loss) for the period9904€-6k€21k▲

Profit (loss) for the period to be appropriated9905€-6k€21k▲

Appropriation of the result

Profit (loss) to be appropriated9906€4k€21k▲

Profit (loss) brought forward from the previous period14P€10k-

Transfer from equity791/2€4k-

Transfer to equity691/2€4k€9k▲

To other reserves6921€4k€9k▲

Profit to be distributed694/7-€12k

Directors or managers695-€12k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 7Financial 2Filings 5

2025

30-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 61 days late

2024

31-12

Financial Back to profitnet €21k

Net result €21k after one loss-making year.

2022

31-12

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 153 days late

16-08

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 381 days late

2021

31-12

Financial Weakest financial yearnet €-6k ▼174%

Net result drops to €-6k, the lowest in the series; recovery starts the following year.

2020

31-10

NBB filing Annual accounts filed

fiscal year 2019 · full schema · 92 days late

2019

22-11

NBB filing Annual accounts filed

fiscal year 2018 · full schema · 114 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

4 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, Sint-Jans-Molenbeek · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Louis Mettewielaan 911080 Sint-Jans-Molenbeek

Ground area

8,522 m²

Building footprint

274 m²

Volume, LiDAR

22,316 m³

Parcel 21524C0141/00X002, Brussels · tallest building 87.4 m, ±28 floors. Linked by address, not a title deed.

1 establishment unit

AMGHAR SERVICES

Louis Mettewielaan 91, 1080 Sint-Jans-MolenbeekRepair and maintenance of electrical equipment

since 20212.341.426.481

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21524C0141/00X002	Brussels	8,521 m²	1 · 274 m²	87.4 m · 28 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.

Similar companies · same sector, comparable size

Pont-à-Celles · Eq €30k

Verti-GO System

BE 0544.289.665

Villers-la-Ville · Eq €30k

Of 650 companies in sector 33140 we hold annual accounts for 204. 160 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company (pre-2019)

Founded11-01-2018

Fiscal year end31-12

Activities, NACEBEL

33140Repair and maintenance of electrical equipment

38210Materials recovery from waste

42220Construction of utility projects for electricity and telecommunications

43211General electrical installation work

46820Wholesale trade

46872Wholesale trade

46879Wholesale trade

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.