AMICIS

Active

Public limited companyfounded 20179 yrs activeParc Ind. des Hauts Sarts, 1e av 22, 4040 Herstal, BelgiumKBO/BCE: BE 0677.737.317

Summary

AMICIS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €600,144 and a net result of €24,073. Equity is growing by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 29% of 682 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Risk analysis Watch Report Compare

AMICISActiveChecked score 66/100

Risk analysis Report Compare

Checked score

Score 2025

66 / 100

Healthy

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability80▲+3

Solvency53▲+2

Growth85▲+7

Track record100

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €35,000 at 30 days acceptable

Liquidity tight (current ratio 1.1 against 1.26 in 2024; short-term debt: 20.7% and cash: 2.3% of total assets), and 71.6% of the assets are financed with debt.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

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

−lowers risk+raises risk○neutral

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 →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

28.4%

Return on assets

1.1%

Age of the figures

9 mo

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Higher-failure-rate region

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

KBO · registered office

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.

NBB · 8 filings

Deviation from the deadline

2025

16 d early

2024

3 d early

2023

78 d early

2022

33 d early

2021

41 d early

2020

46 d early

2019

44 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 37 days before 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)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

28-09-2026 today31-12-2026 close31-07-2027 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

History

On 30 June 2017, AMICIS was incorporated.¹ Total assets went from EUR 3 million in 2018 to EUR 2.1 million in 2025 and headcount from 1.8 to 4.1 full-time equivalents.²

Go further with this company

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 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 How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, full schema

Turnover

€1.4m▲ 21.2%

2024 · €1.1m

EBIT margin

4.6%▲ 3.5pp

2024 · 1.1%

Net result

€24,073▲ 246%

2024 · €6,951

Working capital

€44,946▼ 47.3%

2024 · €85,221

Trend over the years

Chart Table

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, 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€1.1m€1.4m▲ 21.2%

Operating result€130,883▲ 8,182%€108,033▼ 17.5%€4,239▼ 96.1%€13,076▲ 209%€63,710▲ 387%

Net result€139,194▲ 714%€83,343▼ 40.1%€10,960▼ 86.8%€6,951▼ 36.6%€24,073▲ 246%

EBIT margin1.1%4.6%▲ 3.5pp

Equity€510,992▲ 34.2%€585,291▲ 14.5%€587,208▲ 0.3%€585,115▼ 0.4%€600,144▲ 2.6%

Total assets€2.6m▼ 4.4%€2.3m▼ 11.8%€2.2m▼ 1.3%€2.3m▲ 0.5%€2.1m▼ 6.1%

Debt€2.0m▼ 10.8%€1.7m▼ 18.5%€1.6m▼ 1.7%€1.6m▲ 1.0%€1.5m▼ 9.1%

Working capital€194,176▲ 84.8%€245,833▲ 26.6%€169,404▼ 31.1%€85,221▼ 49.7%€44,946▼ 47.3%

Solvency19.8%▲ 5.7pp25.8%▲ 5.9pp26.2%▲ 0.4pp26.0%▼ 0.2pp28.4%▲ 2.4pp

Current ratio1.57▲ 0.292.43▲ 0.861.91▼ 0.521.26▼ 0.651.10▼ 0.16

Return on assets (ROA)5.4%▲ 4.8pp3.7%▼ 1.7pp0.5%▼ 3.2pp0.3%▼ 0.2pp1.1%▲ 0.8pp

Staff (FTE)2.1▲ 5.0%2.4▲ 14.3%3▲ 25.0%3.1▲ 3.3%4.1▲ 32.3%

above within below the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.

Why a figure moved sharply

2021 Net result +714% on 2020. The accounts now follow the full schema, last year the micro schema.

Result per fiscal year

Operating resultNet result

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 387% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €2.1m

77.2%

22.8%

Fixed assets €1.6m ▼ 11.3%

Current assets €481,726 ▲ 17.2%

Equity and liabilities €2.1m

28.4%

70.7%

Equity €600,144 ▲ 2.6%

Provisions €19,592 ▼ 14.6%

Debt €1.5m ▼ 9.1%

Debt's share of the balance-sheet total falls from 73.0% to 70.7%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€290,746▲

2024 · €205,814

Cash flow

€251,109▲

2024 · €199,688

Quick ratio

0.68▼

2024 · 0.71

Debt to equity

2.49▼

2024 · 2.81

ROE

4.0%▲

2024 · 1.2%

Interest coverage

6.68▼

2024 · 10.46

Debt ≤ 1 year

€436,779▲

2024 · €325,965

Debt > 1 year

€1.1m▼

2024 · €1.3m

Income taxes

€9,416

Staff costs

€186,697▲

2024 · €137,675

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

Peer companies

Historical observation

Of the 3,273 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 95% are still going.

Micro
5 to 10 years old
solvency 10 to 30%
a profit under 5% of the balance sheet

2.1% went bankrupt

2.5% stopped otherwise

95% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group	Expected	Actual
1	0.2%	0.2%
2	0.3%	0.4%
3	0.5%	0.5%
4	0.6%	0.7%
5	0.8%	0.9%
6	1.2%	1.3%
7	1.5%	1.7%
8	1.7%	1.7%
9	2.7%	2.8%
10	5.3%	5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,273 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2025 against 2024 · 59 lines

Balance sheet Code20242025

Assets

Total assets20/58€2.3m€2.1m▼

Fixed assets21/28€1.8m€1.6m▼

Intangible fixed assets21€85,296€60,097▼

Tangible fixed assets22/27€1.8m€1.6m▼

Plant, machinery and equipment23€1.6m€1.4m▼

Furniture and vehicles24€77,195€53,714▼

Leasing and similar rights25€101,880€81,504▼

Current assets29/58€411,186€481,726▲

Stocks and contracts in progress3€178,144€182,739▲

Stocks30/36€178,144€182,739▲

Amounts receivable within one year40/41€195,981€228,475▲

Trade receivables40€193,887€228,443▲

Other amounts receivable41€2,094€32▼

Cash at bank and in hand54/58€12,015€48,874▲

Deferred charges and accrued income490/1€25,046€21,639▼

Equity and liabilities

Total equity and liabilities10/49€2.3m€2.1m▼

Equity10/15€585,115€600,144▲

Contributions10/11€400,000€400,000=

Capital10€400,000€400,000=

Issued capital100€400,000€400,000=

Reserves13€12,680€12,680=

Non-distributable reserves130/1€12,680€12,680=

Legal reserve130€12,680€12,680=

Profit (loss) carried forward14€110,421€134,494▲

Investment grants15€62,014€52,970▼

Provisions and deferred taxes16€22,937€19,592▼

Deferred taxes168€22,937€19,592▼

Amounts payable17/49€1.6m€1.5m▼

Amounts payable after more than one year17€1.3m€1.1m▼

Financial debts170/4€267,170€103,906▼

Other amounts payable178/9€1.1m€953,563▼

Amounts payable within one year42/48€325,965€436,779▲

Current portion of amounts payable after more than one year42€198,606€223,265▲

Trade debts44€48,205€83,542▲

Suppliers440/4€48,205€83,542▲

Taxes, remuneration and social security45€64,925€115,744▲

Taxes450/3€43,636€85,342▲

Remuneration and social security454/9€21,289€30,402▲

Other amounts payable47/48€14,229€14,229=

Income statement Code20242025

Turnover70€1.1m€1.4m▲

Goods, raw materials, services and sundry goods60/61€793,773€901,837▲

Remuneration, social security and pensions62€137,675€186,697▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€192,738€227,036▲

Other operating charges640/8€2,056€1,908▼

Gross operating margin9900€345,545€479,350▲

Operating profit (loss)9901€13,076€63,710▲

Financial income75/76B€10,199€9,981▼

Recurring financial income75€9,044€9,044=

Non-recurring financial income76B€1,156€938▼

Financial charges65/66B€19,670€43,546▲

Recurring financial charges65€19,670€43,546▲

Profit (loss) for the period before taxes9903€3,606€30,145▲

Transfer from deferred taxes780€3,345€3,345=

Income taxes67/77-€9,416

Profit (loss) for the period9904€6,951€24,073▲

Profit (loss) for the period to be appropriated9905€6,951€24,073▲

Appropriation of the result

Profit (loss) to be appropriated9906€110,421€134,494▲

Profit (loss) brought forward from the previous period14P€103,470€110,421▲

Social balance

Average headcount (FTE)90873.14.1▲

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2021	2022	2023	2024	2025	Change
Turnover70	-	-	-	€1.1m	€1.4m	▲ 21.2%
Non-recurring operating income76A	-	-	€800	-	-	-
Goods, raw materials, services and sundry goods60/61	-	-	-	€793,773	€901,837	▲ 13.6%
Remuneration, social security and pensions62	€77,369	€80,642	€110,339	€137,675	€186,697	▲ 35.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€191,247	€192,643	€170,469	€192,738	€227,036	▲ 17.8%
Other operating charges640/8	€1,798	€27,960	€2,106	€2,056	€1,908	▼ 7.2%
Gross operating margin9900	€401,296	€409,278	€287,153	€345,545	€479,350	▲ 38.7%
Operating profit (loss)9901	€130,883	€108,033	€4,239	€13,076	€63,710	▲ 387%
Financial income75/76B	€17,743	€15,221	€10,545	€10,199	€9,981	▼ 2.1%
Recurring financial income75	€17,743	€15,221	€10,545	€9,044	€9,044	=
Non-recurring financial income76B	-	-	-	€1,156	€938	▼ 18.9%
Financial charges65/66B	€11,431	€20,773	€4,235	€19,670	€43,546	▲ 121%
Recurring financial charges65	€11,431	€20,773	€4,235	€19,670	€43,546	▲ 121%
Profit (loss) for the period before taxes9903	€137,195	€102,480	€10,548	€3,606	€30,145	▲ 736%
Transfer from deferred taxes780	€3,345	€3,345	€3,345	€3,345	€3,345	=
Income taxes67/77	€1,347	€22,482	€2,933	-	€9,416	-
Profit (loss) for the period9904	€139,194	€83,343	€10,960	€6,951	€24,073	▲ 246%
Profit (loss) for the period to be appropriated9905	€139,194	€83,343	€10,960	€6,951	€24,073	▲ 246%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€2.6m	€2.3m	€2.2m	€2.3m	€2.1m	▼ 6.1%
Fixed assets21/28	€2.0m	€1.9m	€1.9m	€1.8m	€1.6m	▼ 11.3%
Intangible fixed assets21	€160,893	€135,694	€110,495	€85,296	€60,097	▼ 29.5%
Tangible fixed assets22/27	€1.9m	€1.7m	€1.8m	€1.8m	€1.6m	▼ 10.5%
Plant, machinery and equipment23	€768,237	€694,018	€1.7m	€1.6m	€1.4m	▼ 8.9%
Furniture and vehicles24	€86,174	€59,398	€63,711	€77,195	€53,714	▼ 30.4%
Leasing and similar rights25	€1.0m	€964,373	-	€101,880	€81,504	▼ 20.0%
Current assets29/58	€531,962	€417,350	€355,520	€411,186	€481,726	▲ 17.2%
Stocks and contracts in progress3	€199,318	€196,799	€186,234	€178,144	€182,739	▲ 2.6%
Stocks30/36	€199,318	€196,799	€186,234	€178,144	€182,739	▲ 2.6%
Amounts receivable within one year40/41	€235,897	€183,838	€131,973	€195,981	€228,475	▲ 16.6%
Trade receivables40	€235,768	€178,089	€129,889	€193,887	€228,443	▲ 17.8%
Other amounts receivable41	€129	€5,749	€2,085	€2,094	€32	▼ 98.5%
Cash at bank and in hand54/58	€47,994	€17,209	€20,347	€12,015	€48,874	▲ 307%
Deferred charges and accrued income490/1	€48,753	€19,504	€16,965	€25,046	€21,639	▼ 13.6%
Equity and liabilities
Total equity and liabilities10/49	€2.6m	€2.3m	€2.2m	€2.3m	€2.1m	▼ 6.1%
Equity10/15	€510,992	€585,291	€587,208	€585,115	€600,144	▲ 2.6%
Contributions10/11	€400,000	€400,000	€400,000	€400,000	€400,000	=
Capital10	€400,000	€400,000	€400,000	€400,000	€400,000	=
Issued capital100	€400,000	€400,000	€400,000	€400,000	€400,000	=
Reserves13	€7,965	€12,132	€12,680	€12,680	€12,680	=
Non-distributable reserves130/1	€7,965	€12,132	€12,680	€12,680	€12,680	=
Legal reserve130	€7,965	€12,132	€12,680	€12,680	€12,680	=
Profit (loss) carried forward14	€13,882	€93,058	€103,470	€110,421	€134,494	▲ 21.8%
Investment grants15	€89,145	€80,101	€71,057	€62,014	€52,970	▼ 14.6%
Provisions and deferred taxes16	€32,971	€29,626	€26,282	€22,937	€19,592	▼ 14.6%
Deferred taxes168	€32,971	€29,626	€26,282	€22,937	€19,592	▼ 14.6%
Amounts payable17/49	€2.0m	€1.7m	€1.6m	€1.6m	€1.5m	▼ 9.1%
Amounts payable after more than one year17	€1.7m	€1.5m	€1.4m	€1.3m	€1.1m	▼ 19.8%
Financial debts170/4	€91,725	-	-	€267,170	€103,906	▼ 61.1%
Other amounts payable178/9	€1.6m	€1.5m	€1.4m	€1.1m	€953,563	▼ 9.3%
Amounts payable within one year42/48	€337,786	€171,516	€186,116	€325,965	€436,779	▲ 34.0%
Current portion of amounts payable after more than one year42	€276,073	€33,657	€51,704	€198,606	€223,265	▲ 12.4%
Trade debts44	€22,304	€96,964	€77,430	€48,205	€83,542	▲ 73.3%
Suppliers440/4	€22,304	€96,964	€77,430	€48,205	€83,542	▲ 73.3%
Taxes, remuneration and social security45	€39,409	€40,895	€42,754	€64,925	€115,744	▲ 78.3%
Taxes450/3	€15,874	€20,412	€13,673	€43,636	€85,342	▲ 95.6%
Remuneration and social security454/9	€23,535	€20,484	€29,081	€21,289	€30,402	▲ 42.8%
Other amounts payable47/48	-	-	€14,229	€14,229	€14,229	=
Accrued charges and deferred income492/3	-	-	€360	-	-	-

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€139,194	€83,343	€10,960	€6,951	€24,073	▲ 246%
+ Depreciation and write-downs630	€191,247	€192,643	€170,469	€192,738	€227,036	▲ 17.8%
Operating cash flow (approximation)	€330,440	€275,986	€181,430	€199,688	€251,109	▲ 25.8%
Investment in fixed assets (approximation)	-	-€2,157	-€203,441	-€147,438	-€18,140	▲ 87.7%
Change in cash	-	-€30,784	€3,138	-€8,333	€36,859	▲ 542%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

All 12Financial 4Filings 8

Next filing, fiscal year 2026, expected by 31-07-2027

2026

15-07

NBB filing Annual accounts filed

fiscal year 2025 · full schema

2025

28-07

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

14-05

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

28-06

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

20-06

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

31-12

Financial Highest result since 2018net €139,194 ▲714%

Operating result €130,883, net result €139,194, both a record.

31-12

Financial Equity above €500,000Eq €510,992 ▲34.2%

3 profitable years in a row build equity to €510,992.

15-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

17-06

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

31-12

Financial Back to profitnet €2,974

Net result €2,974 after one loss-making year.

31-12

Financial Liquidity quadruplescurrent ratio 1.42

Current ratio from 0.38 to 1.42; short-term debt falls from €1.6m to €490,237.

16-07

NBB filing Annual accounts filed

fiscal year 2018 · micro 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Herstal · 1 establishment unit since 2017

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.

Parc Ind. des Hauts Sarts, 1e av 224040 Herstal

1 establishment unit

AMICIS

Parc Ind. des Hauts Sarts, 1e av 22/40, 4040 HerstalManufacture of metal structures and parts of structures

since 20172.269.911.846

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KENNEL- & METAALBOUW JANSSEN

BE 0464.332.070

Hechtel-Eksel · Eq €597,193

Poperinge · Eq €604,488

Of 3,984 companies in sector 25110 we hold annual accounts for 2,146. 1,514 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

Founded30-06-2017

Fiscal year end31-12

Activities, NACEBEL 2025

25110Manufacture of metal structures and parts of structures

25530Machining of metals

74112Other professional, scientific and technical activities

Contact

E-mail gene.etienne@skynet.be

Phone 085236645

Fax 085236646

E-invoicing

Reachable via Peppol

Peppol ID 0208:0677737317

Also 9925:BE0677737317

Registered 08-12-2025

Scores and ratios are computed by Checked and are not a credit decision.