AMJ
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
29 d early
2022
31 d late
2021
30 d late
2020
31 d late
2019
66 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 26 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€95,598▼ 13.2%
2023 · €110,137
Total assets
€100,274▼ 65.1%
2023 · €287,339
Net result
-€14,539
2023 · €8,618
Working capital
€95,598▲ 15.7%
2023 · €82,656
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€25,714▲ 123%€36,411▲ 41.6%€68,783▲ 88.9%€17,491▼ 74.6%-€12,476
Net result€17,122▲ 86.5%€24,997▲ 46.0%€44,019▲ 76.1%€8,618▼ 80.4%-€14,539
Equity€32,503▲ 111%€57,500▲ 76.9%€101,519▲ 76.6%€110,137▲ 8.5%€95,598▼ 13.2%
Total assets€150,008▲ 643%€340,249▲ 127%€595,092▲ 74.9%€287,339▼ 51.7%€100,274▼ 65.1%
Debt€117,505▲ 2,340%€282,749▲ 141%€493,573▲ 74.6%€177,201▼ 64.1%€4,676▼ 97.4%
Working capital€32,503▲ 111%€58,070▲ 78.7%€101,519▲ 74.8%€82,656▼ 18.6%€95,598▲ 15.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €12,476 after €17,491 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €100,274
Equity
€95,598 ▼ 13.2%
Debt
€4,676 ▼ 97.4%
Debt's share of the balance-sheet total falls from 61.7% to 4.7%. Equity and debt are lower.
Key figures and ratios
Current ratio
21.45▲
2023 · 1.55
Debt to equity
0.05▼
2023 · 1.61
ROE
-15.2%▼
2023 · 7.8%
ROA
-14.5%▼
2023 · 3.0%
Debt ≤ 1 year
€4,676▼
2023 · €150,328
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €11,199 | - | - |
| Other operating charges640/8 | - | €444 | €102 | €194 | €3,140 | ▲ 1,520% |
| Non-recurring operating charges66A | - | - | - | - | €8,900 | - |
| Gross operating margin9900 | €25,869 | €36,855 | €68,885 | €28,884 | -€436 | ▼ 102% |
| Operating profit (loss)9901 | €25,714 | €36,411 | €68,783 | €17,491 | -€12,476 | ▼ 171% |
| Financial charges65/66B | - | €2,709 | €2,374 | €4,198 | €2,063 | ▼ 50.9% |
| Recurring financial charges65 | €2,451 | €2,709 | €2,374 | €4,198 | €2,063 | ▼ 50.9% |
| Profit (loss) for the period before taxes9903 | €23,263 | €33,702 | €66,409 | €13,294 | -€14,539 | ▼ 209% |
| Income taxes67/77 | €6,141 | €8,705 | €22,390 | €4,676 | - | - |
| Profit (loss) for the period9904 | €17,122 | €24,997 | €44,019 | €8,618 | -€14,539 | ▼ 269% |
| Profit (loss) for the period to be appropriated9905 | €17,122 | €24,997 | €44,019 | €8,618 | -€14,539 | ▼ 269% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €150,008 | €340,249 | €595,092 | €287,339 | €100,274 | ▼ 65.1% |
| Fixed assets21/28 | - | - | - | €54,355 | - | - |
| Tangible fixed assets22/27 | - | - | - | €54,355 | - | - |
| Furniture and vehicles24 | - | - | - | €54,355 | - | - |
| Current assets29/58 | €150,008 | €340,249 | €595,092 | €232,984 | €100,274 | ▼ 57.0% |
| Amounts receivable within one year40/41 | €147,508 | €331,692 | €581,505 | €230,288 | €95,404 | ▼ 58.6% |
| Trade receivables40 | - | €150,938 | €257,950 | €25,733 | €9,531 | ▼ 63.0% |
| Other amounts receivable41 | - | €180,753 | €323,555 | €204,556 | €85,874 | ▼ 58.0% |
| Current investments50/53 | - | €8,557 | - | - | - | - |
| Cash at bank and in hand54/58 | €2,500 | - | €13,587 | €2,695 | €4,870 | ▲ 80.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €150,008 | €340,249 | €595,092 | €287,339 | €100,274 | ▼ 65.1% |
| Equity10/15 | €32,503 | €57,500 | €101,519 | €110,137 | €95,598 | ▼ 13.2% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | - | - | €44,019 | €52,637 | €52,637 | = |
| Distributable reserves133 | - | - | €44,019 | €52,637 | €52,637 | = |
| Profit (loss) carried forward14 | €26,303 | €51,300 | €51,300 | €51,300 | €36,761 | ▼ 28.3% |
| Amounts payable17/49 | €117,505 | €282,749 | €493,573 | €177,201 | €4,676 | ▼ 97.4% |
| Amounts payable after more than one year17 | - | - | - | €25,708 | - | - |
| Financial debts170/4 | - | - | - | €25,708 | - | - |
| Amounts payable within one year42/48 | €117,505 | €282,179 | €493,573 | €150,328 | €4,676 | ▼ 96.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €21,018 | - | - |
| Trade debts44 | €111,365 | €267,333 | €471,183 | €102,245 | €4,676 | ▼ 95.4% |
| Suppliers440/4 | - | €267,333 | €471,183 | €102,245 | €4,676 | ▼ 95.4% |
| Taxes, remuneration and social security45 | - | €14,846 | €22,390 | €27,065 | - | - |
| Taxes450/3 | - | €14,846 | €22,390 | €27,065 | - | - |
| Accrued charges and deferred income492/3 | - | €570 | - | €1,165 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17,122 | €24,997 | €44,019 | €8,618 | -€14,539 | ▼ 269% |
| + Depreciation and write-downs630 | - | - | - | €11,199 | - | - |
| Operating cash flow (approximation) | €17,122 | €24,997 | €44,019 | €19,817 | -€14,539 | ▼ 173% |
| Change in cash | - | - | - | -€10,892 | €2,174 | ▲ 120% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet -€14,539
Net result drops to -€14,539, the lowest in the series.
31-12
Financial
Liquidity times 14current ratio 21.45
Current ratio from 1.55 to 21.45; short-term debt falls from €150,328 to €4,676.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Highest result since 2019net €44,019 ▲76.1%
Operating result €68,783, net result €44,019, both a record.
31-12
Financial
Equity above €100,000Eq €101,519 ▲76.6%
4 profitable years in a row build equity to €101,519.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Owners and holdings
2 ownersOwners 2
-
50%
-
50%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.