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AMITIC

Active Public limited companyfounded 1992active for 34 yearsBrugse Steenweg 183, 9990 MaldegemKBO/BCE: BE 0446.859.796 #7 company by equity in Maldegem, Administrative and support services sector

Lifetime

20 annual accounts with figures on one time axis, 34 filings since 1992
peak €384,199 (2022)
€296,796▲ 47.8%
lowest -€66,720 (2006)
€74,366▲ €83,820
peak €2.0m (2025)
€2.0m▲ 3.9%
€55,328▼ 12.8%
Board2 names since 2016
1 director
Documentsfilings and deeds
01-07-202630 days before the deadline
2025micro format
Gross margin from €200,852 to €296,796Back to profit: €74,366

Key points

from the 2025 annual accounts

Result

€74,366 €74,366
-€9,4502024€74,4002025

Back in profit in 2025, after a loss of €9,454 in 2024.

Filings

34 annual accounts since 1992
AprilJune31 JulyOctober200020102020

Five of the last ten came late. The 2019 accounts came latest: 61 days after the end of the period.

Position in the sector

94.6%

Higher solvency than 95% of companies in rental and leasing. Sector median 30.3% · 2,058 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 14,768 companies had the same profile as AMITIC has now. Each dot stands for 37 companies, two years later.

96.1%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 14,768 companies, not a prediction for AMITIC. 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.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 14-06-2022
  • all the sharesdeed of 20-07-2023
Board & ownership

Recent changes

Registered office moved from Adegem - Zwepe to Maldegem New registered office: Brugse Steenweg 183, 9990 Maldegem · Previous registered office: 9991 Adegem - Zwepe 8 · Board meeting of 26-09-2023 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0446859796
Merger: AMITIC takes over STEICON holds all the shares · General meeting of 20-06-2023 · Gazette deed
Merger proposal: AMITIC takes over STEICON is a shareholder · holds 124 shares · is a shareholder · Gazette deed
All 50 events

Comparable companies

same main activity, similar in size and age
Company
AMITIC Maldegem €2.1m €296,796 94.6% -
Belgian Cycling Club Beringen €2.3m €234,830 0.2% 0
de HALLEUX Evere €1.7m €619,500 23.1% 3.9
CONNOISSEUR BELGIUM Nieuwpoort €1.8m €571,909 24.3% 8
CHANNEL SAILING Knokke-Heist €1.2m €139,738 6.8% -
VROMATEX Roeselare €1.1m €277,206 30.4% -
GROOOT Ghent €1.1m €522,211 13.8% 5.9

These companies have the same main activity as AMITIC: renting and leasing of sports and recreation goods (NACE 77210). They are comparable in size and age: total assets between €1.1m and €2.3m, founded between 1988 and 2005.

Official details

Source: KBO
Status
Active since 25-03-1992Normal situation
Activity
Renting and leasing of sports and recreation goodsNACE 77210and 1 other
Establishment unit
2.134.252.2979990 Maldegem, since 10-09-2003
Financial year end
31 December
Peppol
Reachable since 29-08-2023
Company details

Annual accounts 2025

≈ €590,000estimated
€2.1m▲ 4.0%
Filing
Filed on 01-07-2026, 30 days before the end of the filing period
Financials

Insights on AMITIC

AMITIC files the micro format. That format states no turnover. The gross margin rose from €11,499 in 2006 to €296,796 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about AMITIC

What is the company number of AMITIC?
The company number of AMITIC is 0446.859.796. The VAT number is the same number with BE in front: BE 0446.859.796.
Where is AMITIC based?
The registered office is at Brugse Steenweg 183, 9990 Maldegem.Company details
What does AMITIC do?
According to the KBO register, the main activity is renting and leasing of sports and recreation goods (NACE 77210).
What is the legal form of AMITIC?
AMITIC is a public limited company (NV).
When was AMITIC founded?
AMITIC was founded on 25-03-1992.
Is AMITIC still active?
Yes, AMITIC is an active enterprise in the KBO register.
What is the turnover of AMITIC?
The turnover in financial year 2025 is ≈ €590,000. This figure is estimated from the gross margin of €296,796 and 875 comparable companies of the same size. It probably lies between €410,000 and €870,000. It is a rough estimate.Financials
Is AMITIC profitable?
In financial year 2025, AMITIC made a profit of €74,366.
Where can I find the annual accounts of AMITIC?
AMITIC filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AMITIC due?
AMITIC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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