Skip to content

AML

Active
Private limited company (pre-2019)founded 201510 yrs activeSint-Truidersteenweg 537, 3500 Hasselt, BelgiumKBO/BCE: BE 0643.502.453
Summary

AML has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €264,682 and a net result of -€45,070. Equity is growing by ~15.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.5% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability0▼-98
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity ample (current ratio 11.13 against 7.22 in 2023; short-term debt: 8.4% and cash: 20.4% of total assets), and 8.4% 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

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
91.6%
Return on assets
-15.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 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 · 9 filings
Deviation from the deadline
2025
not confirmed
2024
26 d late
2023
31 d late
2022
46 d early
2021
39 d late
2020
83 d late
2019
89 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 37 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)
neutral · 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 20 November 2015, AML was incorporated.1 Total assets went from EUR 361,065 in 2018 to EUR 288,991 in 2024 and headcount from 1.3 full-time equivalents in 2018 to 2.6 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2022 and 2024

Go further with this company

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 2024, micro schema

Equity
€264,682▼ 14.6%
2023 · €309,752
Total assets
€288,991▼ 19.6%
2023 · €359,514
Net result
-€45,070
2023 · €83,228
Working capital
€246,311▼ 12.1%
2023 · €280,096
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€9,620▼ 80.6%-€13,963€14,710€78,786▲ 436%-€36,202
Net result€33,744▼ 13.8%€28,554▼ 15.4%€26,805▼ 6.1%€83,228▲ 211%-€45,070
Equity€171,165▲ 24.6%€199,719▲ 16.7%€226,524▲ 13.4%€309,752▲ 36.7%€264,682▼ 14.6%
Total assets€304,872▼ 9.3%€364,858▲ 19.7%€357,582▼ 2.0%€359,514▲ 0.5%€288,991▼ 19.6%
Debt€128,970▼ 32.7%€158,859▲ 23.2%€125,743▼ 20.8%€45,013▼ 64.2%€24,310▼ 46.0%
Working capital€116,929▲ 56.9%€146,854▲ 25.6%€184,223▲ 25.4%€280,096▲ 52.0%€246,311▼ 12.1%
Staff (FTE)1.6▲ 33.3%2.6▲ 62.5%2.6=
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000Operating result 2020: €9,620€9,620Net result 2020: €33,744€33,744Operating result 2021: -€13,963-€13,963Net result 2021: €28,554€28,554Operating result 2022: €14,710€14,710Net result 2022: €26,805€26,805Operating result 2023: €78,786€78,786Net result 2023: €83,228€83,228Operating result 2024: -€36,202-€36,202Net result 2024: -€45,070-€45,07020202021202220232024-€50,000€0€50,000€100,000Operating result 2022: €14,710€14,700Net result 2022: €26,805€26,800Operating result 2023: €78,786€78,800Net result 2023: €83,228€83,200Operating result 2024: -€36,202-€36,200Net result 2024: -€45,070-€45,100202220232024
The operating result turns negative in 2024: a loss of €36,202 after €78,786 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €288,991
Fixed assets €18,370 ▼ 46.6%
Current assets €270,621 ▼ 16.8%
Equity and liabilities €288,991
Equity €264,682 ▼ 14.6%
Provisions €0 ▼ 100%
Debt €24,310 ▼ 46.0%
Debt's share of the balance-sheet total falls from 12.5% to 8.4%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€20,167▼
2023 · €92,476
Cash flow
-€29,036▼
2023 · €96,918
Current ratio
11.13▲
2023 · 7.22
Quick ratio
8.03▲
2023 · 5.55
Debt to equity
0.09▼
2023 · 0.15
ROE
-17.0%▼
2023 · 26.9%
ROA
-15.6%▼
2023 · 23.2%
Interest coverage
-2.23▼
2023 · 288.79
Debt ≤ 1 year
€24,310▼
2023 · €45,013
Income taxes
€0▼
2023 · €27,271
Staff costs
-€2,748▼
2023 · €38,167
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,815 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 88% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.9% went bankrupt
9.8% stopped otherwise
88% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.5% 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 4,815 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet Code20232024
Assets
Total assets20/58€359,514€288,991▼
Fixed assets21/28€34,405€18,370▼
Intangible fixed assets21€33,583€18,083▼
Tangible fixed assets22/27€821€287▼
Plant, machinery and equipment23€821€287▼
Current assets29/58€325,109€270,621▼
Stocks and contracts in progress3€75,377€75,377=
Stocks30/36€75,377€75,377=
Amounts receivable within one year40/41€106,237€136,263▲
Trade receivables40€58,527€0▼
Other amounts receivable41€47,710€136,263▲
Cash at bank and in hand54/58€143,495€58,981▼
Equity and liabilities
Total equity and liabilities10/49€359,514€288,991▼
Equity10/15€309,752€264,682▼
Contributions10/11€18,600€18,600=
Reserves13€291,152€291,152=
Distributable reserves133€291,152€291,152=
Profit (loss) carried forward14--€45,070
Provisions and deferred taxes16€4,749€0▼
Provisions for liabilities and charges160/5€4,749€0▼
Other liabilities and charges164/5€4,749€0▼
Amounts payable17/49€45,013€24,310▼
Amounts payable within one year42/48€45,013€24,310▼
Trade debts44€12,265€0▼
Suppliers440/4€12,265€0▼
Taxes, remuneration and social security45€32,748€24,310▼
Taxes450/3€32,748€24,310▼
Income statement Code20232024
Non-recurring operating income76A€566€0▼
Remuneration, social security and pensions62€38,167-€2,748▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,690€16,034▲
Other operating charges640/8€4,854€1,570▼
Non-recurring operating charges66A€2,893€0▼
Gross operating margin9900€138,389-€21,345▼
Operating profit (loss)9901€78,786-€36,202▼
Financial income75/76B€32,034€179▼
Recurring financial income75€32,034€179▼
Financial charges65/66B€320€9,048▲
Recurring financial charges65€320€9,048▲
Profit (loss) for the period before taxes9903€110,500-€45,070▼
Income taxes67/77€27,271€0▼
Profit (loss) for the period9904€83,228-€45,070▼
Profit (loss) for the period to be appropriated9905€83,228-€45,070▼
Appropriation of the result
Profit (loss) to be appropriated9906€83,228-€45,070▼
Transfer to equity691/2€83,228€0▼
To other reserves6921€83,228€0▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A---€566€0▼ 100%
Remuneration, social security and pensions62-€54,638€61,155€38,167-€2,748▼ 107%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29,723€17,317€16,699€13,690€16,034▲ 17.1%
Other operating charges640/8-€3,092€3,164€4,854€1,570▼ 67.6%
Non-recurring operating charges66A---€2,893€0▼ 100%
Gross operating margin9900€96,913€61,084€95,727€138,389-€21,345▼ 115%
Operating profit (loss)9901€9,620-€13,963€14,710€78,786-€36,202▼ 146%
Financial income75/76B-€55,657€53,113€32,034€179▼ 99.4%
Recurring financial income75€40,940€55,657€53,113€32,034€179▼ 99.4%
Financial charges65/66B-€1,135€29,471€320€9,048▲ 2,726%
Recurring financial charges65€6,816€1,135€29,471€320€9,048▲ 2,726%
Profit (loss) for the period before taxes9903€43,744€40,560€38,352€110,500-€45,070▼ 141%
Income taxes67/77€10,000€12,006€11,548€27,271€0▼ 100%
Profit (loss) for the period9904€33,744€28,554€26,805€83,228-€45,070▼ 154%
Profit (loss) for the period to be appropriated9905€33,744€28,554€26,805€83,228-€45,070▼ 154%
Line20202021202220232024Change
Assets
Total assets20/58€304,872€364,858€357,582€359,514€288,991▼ 19.6%
Fixed assets21/28€79,755€63,870€47,616€34,405€18,370▼ 46.6%
Intangible fixed assets21€77,500€62,000€46,500€33,583€18,083▼ 46.2%
Tangible fixed assets22/27€2,255€1,870€1,116€821€287▼ 65.0%
Plant, machinery and equipment23-€1,870€1,116€821€287▼ 65.0%
Current assets29/58€225,116€300,988€309,966€325,109€270,621▼ 16.8%
Stocks and contracts in progress3€107,299€98,885€95,635€75,377€75,377=
Stocks30/36-€98,885€95,635€75,377€75,377=
Amounts receivable within one year40/41€96,406€123,709€125,439€106,237€136,263▲ 28.3%
Trade receivables40-€120,260€93,439€58,527€0▼ 100%
Other amounts receivable41-€3,449€32,000€47,710€136,263▲ 186%
Cash at bank and in hand54/58€21,411€78,395€88,892€143,495€58,981▼ 58.9%
Equity and liabilities
Total equity and liabilities10/49€304,872€364,858€357,582€359,514€288,991▼ 19.6%
Equity10/15€171,165€199,719€226,524€309,752€264,682▼ 14.6%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Capital10-€18,600€18,600---
Issued capital100-€18,600€18,600---
Reserves13€152,565€181,119€207,924€291,152€291,152=
Non-distributable reserves130/1-€1,860€1,860---
Legal reserve130-€1,860€1,860---
Distributable reserves133-€179,259€206,064€291,152€291,152=
Profit (loss) carried forward14-----€45,070-
Provisions and deferred taxes16€4,736€6,280€5,315€4,749€0▼ 100%
Provisions for liabilities and charges160/5-€6,280€5,315€4,749€0▼ 100%
Other liabilities and charges164/5-€6,280€5,315€4,749€0▼ 100%
Amounts payable17/49€128,970€158,859€125,743€45,013€24,310▼ 46.0%
Amounts payable after more than one year17€18,737€4,724----
Financial debts170/4-€4,724----
Amounts payable within one year42/48€108,187€154,134€125,743€45,013€24,310▼ 46.0%
Current portion of amounts payable after more than one year42-€14,012€4,724---
Financial debts43-€3,020----
Credit institutions430/8-€3,020----
Trade debts44€29,889€136,947€116,248€12,265€0▼ 100%
Suppliers440/4-€136,947€116,248€12,265€0▼ 100%
Taxes, remuneration and social security45-€154€4,771€32,748€24,310▼ 25.8%
Taxes450/3-€154€4,771€32,748€24,310▼ 25.8%
Line20202021202220232024Change
Profit (loss) for the period9904€33,744€28,554€26,805€83,228-€45,070▼ 154%
+ Depreciation and write-downs630€29,723€17,317€16,699€13,690€16,034▲ 17.1%
Operating cash flow (approximation)€63,467€45,871€43,503€96,918-€29,036▼ 130%
Investment in fixed assets (approximation)--€1,432-€445-€479€0▲ 100%
Change in cash-€56,984€10,498€54,603-€84,514▼ 255%

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

2025
26-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial Weakest financial yearnet -€45,070
Net result drops to -€45,070, the lowest in the series.
31-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial Highest result since 2018net €83,228 ▲211%
Operating result €78,786, net result €83,228, both a record.
31-12
Financial Liquidity triplescurrent ratio 7.22
Current ratio from 2.47 to 7.22; short-term debt falls from €125,743 to €45,013.
15-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Equity above €200,000Eq €226,524 ▲13.4%
5 profitable years in a row build equity to €226,524.
08-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 39 days late
2021
22-10
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 83 days late
2020
31-12
Financial Equity above €150,000Eq €171,165 ▲24.6%
3 profitable years in a row build equity to €171,165.
28-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 89 days late
2019
31-12
Financial Equity above €100,000Eq €137,421 ▲39.8%
2 profitable years in a row build equity to €137,421.
Show earlier events
20-10
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 81 days late
2018
10-10
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 71 days late
2017
27-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Hasselt · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
1,331 m²
Building footprint
279 m²
Volume, LiDAR
1,457 m³
Parcel 71052B0509/00P004, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
AML
Sint-Truidersteenweg 537, 3500 HasseltRetail trade
since 20152.264.835.281
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71052B0509/00P004 Flanders 1,331 m² 1 · 279 m² 6.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. APR.P.D. 100%
  2. AML

Highest known parent: APR.P.D.. The sources do not say who stands above it.

Owners 1

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.

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 749 EUR awarded · 749 EUR paid
Year Entries awardedpaid
2022 1 749 EUR749 EUR
Schemes
1 entry · 749 EUR · 749 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site
Hasselt2.264.835.281
1 permission
Apotheek (LM>3 maand) · since 08-08-2018

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded20-11-2015
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

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