AMICOR
ActiveSummary
The computed 12-month bankruptcy probability of AMICOR is 3.0% (moderate). The 2025 annual accounts show negative equity (-€120,076) and a net result of -€126,256. Equity has been shrinking by about 16% per year since 2018. Its solvency ranks better than 5% of 9,848 sector peers (NACE 46, financial year 2025). The company has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 12-07-1999 Normal situation
- Activity
- Wholesale of wines and spirits NACE 46341and 1 other
- Establishment unit
- 2.092.756.390 2270 Herenthout, since 08-11-1999
- Financial year end
- 30 September
- Peppol
- Reachable since 19-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.0%
- Gross margin
- -€49,326
- ▲ 58.8%
- Loss
- €126,256
- ▼ 57.3%
- Equity
- -€120,076
- Total assets
- €149,278
- ▼ 55.2%
- Negative equity on 30-09-2025
Score breakdownraises riskLoss of €126,256, the second in a row (financial year 2025)Liquidity: current ratio 0.15, cash €95, halvedNegative equity -€120,076lowers riskSize: total assets €149,278Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 6% of them on solvency, 2% on liquidity, 6% on profitability and 1% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 41 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 30-04-2026 PDF all 25 filings
Every figure per financial year
The operating result for 2025 is a loss of €112,903, smaller than the loss of €160,152 in 2024.
- 2025 Net result +57% on 2024. Merger absorbing ID Foods BV, Official Gazette 26-02-2024, in the previous financial year. That operation now counts for a full year for the first time. The previous financial year ran 21 months, this one 12.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Investments
| Item | 2021 | 2022 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €16,590 | €19,912 | €13,934 | - |
| Intangible fixed assets | - | - | €173,994 | - |
| Financial fixed assets | - | - | €1 | - |
| Depreciation and write-downs of the year | €14,922 | €6,519 | €34,678 | €20,059 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,001 | €20,887 | €17,762 | €14,922 | €6,519 | €34,678 | €20,059 | ▼ 42.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | €33,466 | - |
| Other operating charges640/8 | - | - | - | €23,915 | €6,023 | €5,618 | €4,608 | ▼ 18.0% |
| Non-recurring operating charges66A | - | - | - | - | - | €125 | €5,444 | ▲ 44× |
| Gross operating margin9900 | €41,376 | €43,550 | €27,815 | €63,071 | €10,746 | -€119,730 | -€49,326 | ▲ 58.8% |
| Operating profit (loss)9901 | €21,716 | €20,333 | €7,374 | €24,234 | -€1,796 | -€160,152 | -€112,903 | ▲ 29.5% |
| Financial income75/76B | - | - | - | €149 | €0 | €2,161 | €77 | ▼ 96.4% |
| Recurring financial income75 | €2,826 | €4,442 | €1,781 | €149 | €0 | €2,161 | €77 | ▼ 96.4% |
| Financial charges65/66B | - | - | - | €16,518 | €4,772 | €137,874 | €1,424 | ▼ 99.0% |
| Recurring financial charges65 | €17,752 | €11,175 | €8,160 | €16,518 | €4,772 | €30,995 | €1,424 | ▼ 95.4% |
| Non-recurring financial charges66B | - | - | - | - | - | €106,879 | - | - |
| Profit (loss) for the period before taxes9903 | €6,790 | €13,600 | €995 | €7,865 | -€6,567 | -€295,864 | -€114,250 | ▲ 61.4% |
| Income taxes67/77 | €1,622 | €2,390 | €270 | €1,979 | -€4 | - | €12,007 | - |
| Profit (loss) for the period9904 | €5,168 | €11,210 | €725 | €5,886 | -€6,564 | -€295,864 | -€126,256 | ▲ 57.3% |
| Profit (loss) for the period to be appropriated9905 | €5,168 | €11,210 | €725 | €5,886 | -€6,564 | -€295,864 | -€126,256 | ▲ 57.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €547,272 | €835,857 | €536,255 | €591,828 | €763,633 | €332,999 | €149,278 | ▼ 55.2% |
| Fixed assets21/28 | €53,344 | €75,112 | €54,888 | €45,242 | €58,636 | €140,856 | €108,745 | ▼ 22.8% |
| Intangible fixed assets21 | - | €17,565 | €8,782 | - | - | €113,589 | €96,189 | ▼ 15.3% |
| Tangible fixed assets22/27 | €34,335 | €35,579 | €24,062 | €23,198 | €36,592 | €23,712 | €11,461 | ▼ 51.7% |
| Plant, machinery and equipment23 | - | - | - | €421 | €1,414 | €504 | - | - |
| Furniture and vehicles24 | - | - | - | €14,612 | €11,878 | €4,470 | - | - |
| Other tangible fixed assets26 | - | - | - | €8,166 | €23,300 | €18,738 | €11,461 | ▼ 38.8% |
| Financial fixed assets28 | €19,009 | €21,969 | €22,044 | €22,044 | €22,044 | €3,555 | €1,095 | ▼ 69.2% |
| Current assets29/58 | €493,928 | €760,745 | €481,366 | €546,586 | €704,998 | €192,143 | €40,532 | ▼ 78.9% |
| Stocks and contracts in progress3 | €47,625 | €27,825 | €71,925 | €74,375 | €73,897 | €10,387 | €8,022 | ▼ 22.8% |
| Stocks30/36 | - | - | - | €74,375 | €73,897 | €10,387 | €8,022 | ▼ 22.8% |
| Amounts receivable within one year40/41 | €319,410 | €578,502 | €227,789 | €302,987 | €497,875 | €158,009 | €31,299 | ▼ 80.2% |
| Trade receivables40 | - | - | - | €173,720 | €304,822 | €146,600 | €28,641 | ▼ 80.5% |
| Other amounts receivable41 | - | - | - | €129,267 | €193,054 | €11,409 | €2,658 | ▼ 76.7% |
| Current investments50/53 | €34,000 | €78,000 | €88,000 | €88,000 | €88,000 | - | - | - |
| Cash at bank and in hand54/58 | €92,894 | €70,048 | €88,638 | €78,486 | €41,364 | €22,750 | €95 | ▼ 99.6% |
| Deferred charges and accrued income490/1 | - | - | - | €2,739 | €3,861 | €997 | €1,117 | ▲ 12.0% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €547,272 | €835,857 | €536,255 | €591,828 | €763,633 | €332,999 | €149,278 | ▼ 55.2% |
| Equity10/15 | €290,787 | €301,997 | €302,722 | €308,608 | €302,044 | €6,180 | -€120,076 | - |
| Contributions10/11 | €165,000 | €165,000 | - | €165,000 | €165,000 | €165,000 | €165,000 | = |
| Reserves13 | €101,969 | €101,969 | €101,969 | €101,969 | €101,969 | - | - | - |
| Non-distributable reserves130/1 | - | - | - | €101,969 | €101,969 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €16,500 | €16,500 | - | - | - |
| Other1319 | - | - | - | €85,469 | €85,469 | - | - | - |
| Profit (loss) carried forward14 | €23,818 | €35,028 | €35,753 | €41,639 | €35,075 | -€158,820 | -€285,076 | ▼ 79.5% |
| Amounts payable17/49 | €256,485 | €533,860 | €233,533 | €283,220 | €461,589 | €326,819 | €269,354 | ▼ 17.6% |
| Amounts payable after more than one year17 | - | - | €45,000 | €45,000 | €12,500 | - | - | - |
| Other amounts payable178/9 | - | - | - | €45,000 | €12,500 | - | - | - |
| Amounts payable within one year42/48 | €256,485 | €533,860 | €187,889 | €238,186 | €449,089 | €326,772 | €269,354 | ▼ 17.6% |
| Trade debts44 | €246,943 | €449,594 | €184,480 | €220,301 | €446,894 | €323,743 | €268,956 | ▼ 16.9% |
| Suppliers440/4 | - | - | - | €220,301 | €446,894 | €323,743 | €268,956 | ▼ 16.9% |
| Taxes, remuneration and social security45 | - | - | - | - | €672 | €3,029 | - | - |
| Taxes450/3 | - | - | - | - | €672 | €3,029 | - | - |
| Other amounts payable47/48 | - | - | - | €17,885 | €1,524 | - | €398 | - |
| Accrued charges and deferred income492/3 | - | - | - | €34 | - | €46 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,168 | €11,210 | €725 | €5,886 | -€6,564 | -€295,864 | -€126,256 | ▲ 57.3% |
| + Depreciation and write-downs630 | €19,001 | €20,887 | €17,762 | €14,922 | €6,519 | €34,678 | €20,059 | ▼ 42.2% |
| Operating cash flow (approximation) | €24,169 | €32,097 | €18,487 | €20,808 | -€45 | -€261,186 | -€106,197 | ▲ 59.3% |
| Investment in fixed assets (approximation) | - | -€42,655 | €2,462 | -€5,276 | -€19,912 | - | €12,051 | - |
| Change in cash | - | -€22,846 | €18,590 | -€10,152 | -€37,121 | - | -€22,656 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,619 companies had the same profile as AMICOR has now. Two years later, 84.5% were still going and 4.5% had gone bankrupt.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
Another 1.0% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of AMICOR itself: 3.0% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,619 companies, not a prediction for AMICOR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 25 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | abbreviated format | 30-04-2026 | 2026-00096061 | |
| 30-09-2024 | abbreviated format | 30-04-2025 | 2025-00082205 | |
| 31-12-2022 | abbreviated format | 26-09-2023 | 2023-00453760 | |
| 31-12-2021 | abbreviated format | 16-10-2022 | 2022-20461669 | |
| 31-12-2020 | abbreviated format | 31-08-2021 | 2021-61300040 | |
| 31-12-2019 | abbreviated format | 31-10-2020 | 2020-66100077 | |
| 31-12-2018 | abbreviated format | 31-08-2019 | 2019-58400391 | |
| 31-12-2017 | abbreviated format | 27-09-2018 | 2018-65800402 | |
| 31-12-2016 | abbreviated format | 29-04-2018 | 2018-11300326 | |
| 31-12-2015 | abbreviated format | 25-08-2016 | 2016-47500211 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 26-02-2024 Capital stated in the deed · 750 shares
Articles of association
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam met WVV-vermeldingen”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
Articles of association, deed of 26-02-2024 (in Dutch)
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
-
100%
Acquisitions and mergers
1 transactionConnections & network
1 current directorThe network starts from the directors of AMICOR. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
26-02
Gazette deed
Merger: AMICOR takes over ID FOODSReappointment: LEYS Victor (director) · Shareholding · Dissolution16 points ▸
- General meeting, 27-12-2023
- Other provision, “enige aandeelhouder, kennisneming fusievoorstel” (deed in Dutch)
- Merger, “met fusie door overneming gelijkgestelde verrichting, gehele vermogen zowel rechten als verplichtingen” (deed in Dutch)
- The company holds all the shares of ID FOODS
- Other provision, “geen toekenning van aandelen bij overneming, alle aandelen overgenomen vennootschap behoren aan overnemende vennootschap” (deed in Dutch)
- Other provision, “geen bijzondere voordelen toegekend, bestuurders overgenomen en overnemende vennootschap” (deed in Dutch)
- Other provision, “omschrijving overgedragen vermogen en modaliteiten, continuiteitsbeginsel in overnemende vennootschap” (deed in Dutch)
- Dissolution, 27-12-2023
- Amendment of the articles, mentioned 2 times in the deed
- Reserve release, “opheffing, statutair onbeschikbare eigenvermogensrekening” (deed in Dutch)
- Registered office clause, “Bouwelse Steenweg 31,2270 Herenthout” (deed in Dutch)
- Purpose change
- The act holds 4 more points.
16-05
Gazette deed
Merger proposal: Amicor takes over ID Foods BVPermanent representative: Victor Leys · Accounting effect · Real estate14 points ▸
- Merger, “geruisloze fusie, gehele vermogen” (deed in Dutch)
- Director in office, Amicor (director)
- Permanent representative, Victor Leys
- Other provision, “vertegenwoordiging overnemende vennootschap, bestuurder” (deed in Dutch)
- Other provision, “ruilverhouding, opleg in geld en verdeling nieuw uit te reiken aandelen, alle aandelen van de over te nemen vennootschap zullen worden aangehouden door de overn…” (deed in Dutch)
- Other provision, “wijze van uitreiking nieuwe aandelen”, 2.3 (deed in Dutch)
- Other provision, “datum vanaf wanneer nieuwe aandelen recht geven op winstdeelname”, 2.4 (deed in Dutch)
- Accounting effect, 01-07-2023
- Other provision, “aandeelhouders met bijzondere rechten en houders van andere effecten dan aandelen”, 2.6 (deed in Dutch)
- Other provision, “bijzondere verslaggeving”, 2.7 (deed in Dutch)
- Other provision, “toekenning bijzondere voordelen aan leden bestuursorganen”, 2.8 (deed in Dutch)
- Real estate, 3
- The act holds 2 more points.
23-06
Gazette deed
Registered office moved within HerenthoutNew seat: Bouwelsesteenweg 31 te 2270 Herenthout · Previous seat: Gelderstraat 31 te 2270 Herenthout2 points ▸
- General meeting, 24-05-2022
- Registered-office move, Bouwelsesteenweg 31 te 2270 Herenthout
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
24 activities
- Het uitvoeren van administratieve- studie-,organisatie- en raadgevende taken en het leveren van dienstprestaties in de breedste zin van het woord.
- Optreden als tussenpersoon in roerend en onroerende verrichtingen.
- De aankoop en verkoop in binnen- en buitenland van alle soorten voedingswaren;alle soorten vlees en vleeswaren,vis,kaas,dranken,melk,droge voeding,specerijen,en bakkerijproducten,groeten en fruit.
- Het bereiden van voedingsproducten;
- Het uitbaten van een cateringbedrijf;
- De uitbating van gelegenheden waar voedsel wordt geproduceerd
- Het beheer van vastgoed en projectontwikkeling:aankoop,renovatie,ontwikkeling van bouwprojecten,verkoop-verhuur van vastgoed;
- De productie,het uitgeven en de verkoop van muziek muziekdragers evenals boeken,tijdschriften,magazines;
- De aan- en verkoop van dierenvoeding in de breedste zin van het woord:
- De handel in kunst in de breedste zin van het woord;
- Het uitbaten van landbouwbedrijf in de breedste zin van het woord zowel teelt van dieren(inclusief productie van melk)als gewassen;
- De aankoop,het beplanten,de verkoop van landbouwgrond in binnen en buitenland;
- De organisatie en het geven(deelnemen)van cursussen,leergangen,colloquia,studiedagen,studieavonden,spreekavonden,evenementen,concerten,...
- Het verlenen van consulten aan bedrijven en particulieren
- Het verspreiden van informatie in de ruime zin,ongeacht de drager
- Het uitbaten van hotel of eender welke overnachtingsverblijf;
- De aan- en verkoop van machines;de aan- en verkoop van landbouwvoertuigen,evenals verhuur ervan;
- Het beheer van wagenpark;wagens,vrachtwagens en
- Aankoop en verkoop als groothandel in binnen- en buitenland met inbegrip van import en export van alle soorten voedingswaren al dan niet vers,diepvries of gedroogd,alle soorten vlees en vleeswaren,alle soorten vis,alle soorten zuivel(zoals onder andere kaas,melk,yoghurt,boter...),alle soorten dranken,thee,koffie,droge voeding,noten,droge vruchten,olijven,zuurwaren,snoep,suikerwaren,stropen,confituren,honing,bakkerijproducten,deegwaren,bakwaren,chocoladeproducten,granen en graanproducten,groenten en fruit in welke vorm ook evenals afleidingen ervan al dan niet gefrituurd,snackproducten,oliën,azijnen,sausen,specerijen,zoetstoffen,superfoods,zaden,kruiden,voedingssupplementen,alle soorten dieetvoeding,alle soorten van allergeen-vrije voeding,alle soorten bij- en sondevoeding met al dan niet bijhorend materiaal voor toediening,en alle soorten andere voedingswaren.
- Verpakken van alle soorten voedingsproducten.
- De aan- en verkoop,in- en uitvoer en het verpakken van voedingsproducten.
- Niet-gespecialiseerde groothandel in voedings- en genotsmiddelen(5139 en onderverdelingen).Groothandel en kleinhandel in dieetvoeding,allergeenvrije voeding,bijvoeding en sondevoeding.Groothandel en kleinhandel in paramedische artikelen en paramedisch materiaal en voorschriftvrije(OTC)producten en geneesmiddelen,medische artikelen en benodigdheden en steriel materiaal waarvoor de vennootschap of haar organen of personeelsleden de nodige kwalificaties beschikken.Groothandel in consumentenartikelen,niet elders genoemd(5138407).
- Huur en verhuur van roerende goederen en divers bedrijfsmateriaal.Aan- en verkoop,huur en verhuur,uitbating van concessies,octrooien,licenties en andere immateriële rechten en activa.Alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals onder meer aan- en verkoop,bouw- en verbouwing,huur- en verhuur,ruil,verkaveling,renovatie,decoratie,inrichting en meer algemeen alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer en productief maken van onroerende goederen en onroerende zakelijke rechten.Het verlenen van adviezen en hulp,het verschaffen van informatie aan publiekrechtelijke en privaatrechtelijke bedrijven,instanties,vennootschappen,verenigingen,particulieren en de overheid op het gebied van planning,organisatie,efficiëntie,toezicht en beheer.
- Het waarnemen van de mandaten van zaakvoerder,bestuurder en vereffenaar in andere vennootschappen en verenigingen.Het nemen van participaties in andere vennootschappen,zowel in binnen- als buitenland,zowel in nieuwe als in bestaande met het oog op de valorisatie van deze deelnemingen.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Food safety, FASFC
1 siteSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13012E0257/00N008 | Flanders | 1,507 m² | 1 · 371 m² | 14.3 m · 1 |