AMICO · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of AMICO is 0.9% (low). The 2025 annual accounts show equity of €284k and a net result of €7k. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 94% of 95 sector peers (fiscal year 2023). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 8 annual accounts.

Signals

3 signals · with evidence

Strong solvency vs sector

Solvency is in the sector's strongest quartile: better than 94% of 95 peers (2023). A comfortable equity buffer.

View the sector comparison

Consistently profitable

Positive net result in the two most recent financial years (2022 and 2023).

View the result trend

Growing equity

Equity grew over 2021-2023. Profits are largely retained rather than distributed.

View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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.

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.

How we compute the deadline

The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	31-08-2026	31 d late	2026-00467942
31-12-2024	31-07-2025	31-08-2026	396 d late	2026-00467945
31-12-2023	31-07-2024	24-07-2024	7 d early	2024-00285025
31-12-2022	31-07-2023	04-07-2023	27 d early	2023-00206568
31-12-2021	31-07-2022	05-07-2022	26 d early	2022-20151791
31-12-2020	31-07-2021	29-07-2021	2 d early	2021-43100084
31-12-2019	31-07-2020	12-06-2020	49 d early	2020-16400440
31-12-2018	31-07-2019	29-07-2019	2 d early	2019-39500017
31-12-2017	31-07-2018	24-07-2018	7 d early	2018-36800047
31-12-2016	31-07-2017	03-07-2017	28 d early	2017-26300572

Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Long-established

Founded in 2003, 23 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

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.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.9% Low

0%0,5%1,5%4%10%≥25%

Higher-failure-rate sector +Long track record −Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated schema)

EBIT marginNot published (abbreviated schema)

Net result€7k-67.1%

Working capital€128k+15.6%

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 31-08-2026 with the NBB · fiscal year 2025 · verkort

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

stable Gross margin: stable across 8 fiscal years (±2%/year).

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2023 · NACE 52 · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	81.4%	18.2%	better than 94% of 95 sector peers
Net result	€49k	€25k	better than 62% of 95 sector peers
Equity	€257k	€144k	better than 60% of 95 sector peers
Gross operating margin	€78k	€262k	better than 34% of 95 sector peers
Total assets	€315k	€921k	better than 20% of 95 sector peers

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

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P94

Stable position over 2020-2023 · n=50-95

Net result P62

Stable position over 2020-2023 · n=51-95

Equity P60

Improving position over 2020-2023 · n=50-95

Gross operating margin P34

Improving position over 2020-2023 · n=51-95

Describes the position versus peers, not a forecast.

EBITDA

€13k

-65.7% 18-25

Net profit

€7k

-67.1% 18-25

Cash flow

€14k

-52.9% 18-25

Total assets

€286k

+2.1% 18-25

Equity

€284k

+2.4% 18-25

Working capital

€128k

+15.6% 18-25

Income taxes

€1k

-86.1% 18-25

Debt

€2k

-25.1% 18-25

Show 8 other metrics

Debt ≤ 1y

€2k

-25.1% 18-25

Current ratio

59.88

+52.9% 18-25

Quick ratio

59.88

+52.9% 18-25

Solvency

99.2%

+0.3% 18-25

Debt / equity

0.01

-26.9% 18-25

ROE

2.4%

-67.9% 18-25

ROA

2.3%

-67.8% 18-25

Interest coverage

177.89

+108.8% 18-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	verkort
Revenue	-
EBITDA	€13k
Net profit	€7k
Cash flow	€14k
Staff costs	-
Income taxes	€1k
Dividends	-
Total assets	€286k
Equity	€284k
Debt	€2k
of which ≤ 1y	€2k
of which > 1y	-
Working capital	€128k
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	59.88
Quick ratio	59.88
Working capital ratio	44.6%
Solvency	99.2%
Debt / equity	0.01
Long-term debt ratio	-
Interest coverage	177.89
Gross margin	-
Net margin	-
ROA	2.3%
ROE	2.4%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €156k · 54.6% Current assets €130k · 45.4%

Equity & liabilities

Equity €284k · 99.2% Debt €2k · 0.8%

Full annual accounts (22 line items)

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

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€286k
Fixed assets	21/28	€156k
Tangible fixed assets	22/27	€123k
Financial fixed assets	28	€33k
Current assets	29/58	€130k
Amounts receivable within one year	40/41	€28k
Investments	50/53	€80k
Cash & bank	54/58	€22k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€286k
Equity	10/15	€284k
Contributions / capital	10/11	€13k
Reserves	13	€271k
Amounts payable	17/49	€2k
Amounts payable within one year	42/48	€2k
Income statement
Gross operating margin	9900	€13k
Operating result	9901	€6k
Financial income	75	€2k
Financial charges	65	€74
Result before taxes	9903	€8k
Income taxes	67/77	€1k
Net result for the period	9904	€7k
Result to be appropriated	9905	€7k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

86 / 100 Excellent

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.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Directors

Directors & mandates

1 director

6 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.

Historic, not recently confirmed (1)

These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.

BYNENS Aimé
Director
State Gazette act 20046877 (06-04-2020)

Not recently confirmed
last confirmed in an act from 2020
2 events
- 06-04-2020 Resigned· Manager
- 06-04-2020 Appointed· Director

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Statutory auditor

1 auditor

Statutory auditor	IRE/IBR number	Tenure
Marc Schoofs & C° burg. bvba Company auditor · represented by Marc Schoofs	B 183	31-12-2013 → 30-01-2014

Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary	Logistieke diensten(52250)
Legal form	Private limited company(610)
Incorporation	04-02-2003
Status	Active
Postal code	3140

Structure & network

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

Establishment units

1 location

Bakestraat 206, 3140 Keerbergen

het verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning, organisatie, efficiëntie en toezicht, het verschaffen van informatie aan de bedrijfsleiding, enz.

since 20032.123.228.545

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

Parcels1

Ground area2,196 m²

Buildings1

Building footprint182 m²

Volume (LiDAR)996 m³

Tallest building7.9 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
24048C0138/00C000	Flanders	2,196 m²	1 · 182 m²	7.8 m · 2 fl.

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.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

5 acts

Capital history · 1

30-01-2014

v3.2

Address history · 1

08-04-2025

v3.2

All acts · 5 updated 3 months ago

2026

06-05-2026 General meeting · Officer appointment · Power of attorney · Act object Open-capture extraction

Filing: 2026-04-17 · AMICO
Publication: 2026-05-06 · AMICO
General meeting: 2025-10-03 · AMICO
Officer appointment: role: niet-statutaire bestuurder, duration: onbepaalde duur, start_date: 2025-03-06, compensation: onbezoldigd · AMICO
Power of attorney: date: 2025-10-03, role: Lasthebber · AMICO
Act object: Ontslagen - benoeming