AML CONSTRUCT
ActiveSummary
AML CONSTRUCT has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45,646 and a net result of €19,159. Equity is growing by about 10% per year across the filed financial years. Its solvency ranks better than 67% of 9,309 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Staff
- 5.1 FTE
- Equity
- €45,646
- Profit
- €19,159
Why 94raises riskSector: Construction of residential and non-residential buildings (NACE 41)lowers riskLiquidity: current ratio 2.43, cash €37,542Equity €45,646 (59.0% of total assets)Founded in 2012Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 41, micro): better than 68% on solvency, 84% on liquidity, 78% on profitability and 85% on growth.
The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 7 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €19,159
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is over 35 times 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 34,695 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 34,695 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €181,528 | €224,303 | €208,446 | €146,864 | €260,760 | ▲ 77.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €920 | €6,598 | €6,070 | €7,795 | €8,334 | €8,334 | €4,671 | €1,778 | ▼ 61.9% |
| Other operating charges640/8 | - | - | - | €1,505 | €1,047 | €1,127 | €1,207 | €1,135 | ▼ 6.0% |
| Gross operating margin9900 | €164,992 | €215,087 | €235,724 | €204,934 | €258,640 | €210,945 | €153,684 | €296,805 | ▲ 93.1% |
| Operating profit (loss)9901 | €15,559 | €223 | €6,529 | €14,105 | €24,957 | -€6,962 | €941 | €33,132 | ▲ 35× |
| Financial income75/76B | - | - | - | €0 | €86 | €3 | €3 | €283 | ▲ 81× |
| Recurring financial income75 | €39 | - | €69 | €0 | €86 | €3 | €3 | €283 | ▲ 81× |
| Financial charges65/66B | - | - | - | €1,024 | €1,024 | €1,075 | €1,731 | €6,722 | ▲ 288% |
| Recurring financial charges65 | €1,594 | €1,031 | €1,158 | €1,024 | €1,024 | €1,075 | €1,731 | €6,722 | ▲ 288% |
| Profit (loss) for the period before taxes9903 | €14,004 | -€808 | €5,440 | €13,081 | €24,019 | -€8,033 | -€786 | €26,693 | - |
| Income taxes67/77 | €1,112 | €621 | €1,160 | €2,708 | €7,011 | €123 | €142 | €7,534 | ▲ 53× |
| Profit (loss) for the period9904 | €12,892 | -€1,428 | €4,280 | €10,373 | €17,008 | -€8,157 | -€929 | €19,159 | - |
| Profit (loss) for the period to be appropriated9905 | €12,892 | -€1,428 | €4,280 | €10,373 | €17,008 | -€8,157 | -€929 | €19,159 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €66,724 | €51,873 | €72,016 | €61,260 | €69,545 | €54,606 | €45,104 | €77,385 | ▲ 71.6% |
| Fixed assets21/28 | €2,045 | €10,940 | €17,948 | €23,231 | €14,897 | €6,564 | €1,893 | €115 | ▼ 93.9% |
| Tangible fixed assets22/27 | €1,930 | €10,825 | €17,833 | €23,116 | €14,782 | €6,449 | €1,778 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | - | €23,116 | €14,782 | €6,449 | €1,778 | €0 | ▼ 100% |
| Financial fixed assets28 | €115 | €115 | €115 | €115 | €115 | €115 | €115 | €115 | = |
| Current assets29/58 | €64,678 | €40,933 | €54,068 | €38,029 | €54,648 | €48,042 | €43,211 | €77,270 | ▲ 78.8% |
| Stocks and contracts in progress3 | - | - | - | - | - | - | €4,000 | €4,500 | ▲ 12.5% |
| Stocks30/36 | - | - | - | - | - | - | €4,000 | €4,500 | ▲ 12.5% |
| Amounts receivable within one year40/41 | €50,314 | €17,441 | €23,109 | €14,399 | €25,252 | €27,403 | €15,397 | €30,063 | ▲ 95.3% |
| Trade receivables40 | - | - | - | €6,884 | €22,959 | €19,371 | €12,518 | €13,199 | ▲ 5.4% |
| Other amounts receivable41 | - | - | - | €7,515 | €2,292 | €8,032 | €2,879 | €16,864 | ▲ 486% |
| Cash at bank and in hand54/58 | €14,091 | €20,605 | €28,546 | €18,712 | €27,465 | €15,273 | €13,935 | €37,542 | ▲ 169% |
| Deferred charges and accrued income490/1 | - | - | - | €4,918 | €1,931 | €5,366 | €9,880 | €5,165 | ▼ 47.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €66,724 | €51,873 | €72,016 | €61,260 | €69,545 | €54,606 | €45,104 | €77,385 | ▲ 71.6% |
| Equity10/15 | €20,483 | €19,054 | €23,334 | €26,565 | €35,573 | €27,416 | €26,487 | €45,646 | ▲ 72.3% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | - | - | - | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €12,423 | €10,994 | €15,274 | €18,505 | €27,513 | €19,356 | €18,427 | €37,586 | ▲ 104% |
| Amounts payable17/49 | €46,241 | €32,819 | €48,682 | €34,695 | €33,973 | €27,190 | €18,617 | €31,739 | ▲ 70.5% |
| Amounts payable after more than one year17 | - | - | €14,114 | €10,181 | €6,169 | €2,077 | €0 | - | - |
| Financial debts170/4 | - | - | - | €10,181 | €6,169 | €2,077 | €0 | - | - |
| Amounts payable within one year42/48 | €46,241 | €32,819 | €34,567 | €24,514 | €27,804 | €25,113 | €18,617 | €31,739 | ▲ 70.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €3,934 | €4,012 | €4,092 | €2,077 | €0 | ▼ 100% |
| Financial debts43 | - | - | - | €1,624 | €1,620 | €1,667 | €1,495 | €1,695 | ▲ 13.4% |
| Credit institutions430/8 | - | - | - | €1,624 | €1,620 | €1,667 | - | - | - |
| Other loans439 | - | - | - | - | - | - | €1,495 | €1,695 | ▲ 13.4% |
| Trade debts44 | €18,793 | €11,946 | €9,710 | €2,564 | €6,128 | €15,076 | €5,987 | €8,914 | ▲ 48.9% |
| Suppliers440/4 | - | - | - | €2,564 | €6,128 | €7,438 | €5,987 | €8,914 | ▲ 48.9% |
| Bills of exchange payable441 | - | - | - | - | - | €7,638 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €7,347 | €4,999 | €2,734 | €0 | €21,130 | - |
| Taxes450/3 | - | - | - | - | €4,999 | €2,011 | €0 | - | - |
| Remuneration and social security454/9 | - | - | - | €7,347 | - | €722 | €0 | €21,130 | - |
| Other amounts payable47/48 | - | - | - | €9,046 | €11,046 | €1,545 | €9,058 | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,892 | -€1,428 | €4,280 | €10,373 | €17,008 | -€8,157 | -€929 | €19,159 | - |
| + Depreciation and write-downs630 | €920 | €6,598 | €6,070 | €7,795 | €8,334 | €8,334 | €4,671 | €1,778 | ▼ 61.9% |
| Operating cash flow (approximation) | €13,812 | €5,170 | €10,350 | €18,169 | €25,341 | €177 | €3,742 | €20,937 | ▲ 459% |
| Investment in fixed assets (approximation) | - | -€15,493 | -€13,078 | -€13,079 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €6,514 | €7,942 | -€9,834 | €8,753 | -€12,192 | -€1,338 | €23,607 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 06-07-2026 | 2026-00256184 |
| 31-12-2024 | micro format | 25-06-2025 | 2025-00192529 |
| 31-12-2023 | micro format | 10-07-2024 | 2024-00242154 |
| 31-12-2022 | micro format | 09-08-2023 | 2023-00322565 |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20378496 |
| 31-12-2020 | micro format | 31-08-2021 | 2021-65100396 |
| 31-12-2019 | micro format | 26-06-2020 | 2020-21800117 |
| 31-12-2018 | micro format | 26-06-2019 | 2019-24200149 |
| 31-12-2017 | micro format | 09-08-2018 | 2018-44600491 |
| 31-12-2016 | micro format | 18-07-2017 | 2017-32700472 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| AUBERT Marc, Freddy, René, Ghislain |
|
Owners and capital
Capital and shareholders
- 19-09-2024 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
19-09
Gazette deed
Reappointment: AUBERT Marc, Freddy, René, Ghislain (sole director)Legal-form conversion · Capital conversion · Reserve release8 facts ▸
- General meeting, 04-07-2024
- Legal-form conversion, “Société à responsabilité limitée (SRL)” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “décision vaut également pour les éventuels versements futurs de la part non encore libérée du capital souscrit dans le passé, suppression du compte de capitaux…” (deed in French)
- Amendment of the articles
- Capital
- Director reappointment, AUBERT Marc, Freddy, René, Ghislain (sole director) (2 times)
- Power of attorney (2 times)
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0845.214.448
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
2 establishment units
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 52342B0305/00Z000 | Wallonia | 2,667 m² | 1 · 142 m² | 5.8 m · 1 |
| 52028C0019/00A005 | Wallonia | 124 m² | 1 · 46 m² | 11.6 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L’entreprise de construction générale d’habitations individuelles ou d‘appartements; L’entreprise de construction générale d‘immeubles de…” (deed in French)
15 activities (deed in French)
- L’entreprise de construction générale d’habitations individuelles ou d‘appartements
- L’entreprise de construction générale d‘immeubles de bureaux
- L’entreprise de construction de réseaux électriques et de télécommunications
- L’entreprise de travaux de maçonnerie, de béton et de rejointoiement
- L‘entreprise de travaux de démolition
- L’entreprise de travaux de préparation des sites
- L’entreprise de plafonnage, de cimentage et de pose de chapes
- L’entreprise de plâtrerie, à savoir l’application dans des bâtiments ou d’autres projets de construction, de plâtre ou de stuc pour l’intérieur ou l’extérieur, y compris les travaux de lattage associés, le montage de cloisons sèches à base de plâtre
- L’entreprise de travaux d’isolation
- L’entreprise de pose de carrelages de sols et de murs
- L’entreprise d’autres travaux de finition
- L’entreprise de services d’aménagement paysager
- L'achat et la vente, en gros ou au détail, la location, l'importation, l'exportation de marchandises diverses, quincaillerie, peintures et matériaux de construction
- L’achat, la vente, l’échange, l’exploitation, la location, la rénovation, la construction par sous -traitance et la démolition, la gérance et la mise en valeur de tout immeuble bâti, meublé ou non à l’exception de l’activité d’agent immobilier sensu stricto
- L’achat, la vente, l’échange, la mise en valeur, le lotissement, l’exploitation, la location et l’affermage de tout immeuble non bâti à l’exception de l’activité d’agent immobilier sensu stricto
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, transfert partout ailleurs en Belgique par simple décision de l’organe d'administration, publié aux Annexes du Moniteur…” (deed in French)
- Elected domicileThe address where directors or the company receive official documents.
- “Chaque membre d’un organe d’administration ou délégué à la gestion journalière peut élire domicile au siège de la société pour toutes les…” (deed in French)
Who represents it, and how
- Daily managementWho may handle the everyday running of the business without the full board.
- The delegates act alone or jointly
- Board ruleHow the board is made up, meets and takes decisions.
- “Administration, un ou plusieurs administrateurs” (deed in French)“Tout administrateur peut donner à un de ses collègues, par écrit ou tout autre moyen de communication ayant un support matériel, mandat pour…” (deed in French)2 more provisions on this in the deed
- Permanent representative ruleA company that is a director names a natural person to carry out the mandate on its behalf.
- “Représentant permanent personne morale, doit satisfaire aux mêmes conditions que la personne morale” (deed in French)
Capital, shares and profit
- Records ruleWhich registers the company keeps, such as the share register, and how.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Cession actionnaire unique, n'entraîne pas dissolution” (deed in French)“Cession pluralité actionnaires, cédant à organe d'administration par pli recommandé ou email avec accusé de réception” (deed in French)“Refus agrément, acheteur retire offre dans délai de 2 mois suivant signification jugement” (deed in French)“Cession action non libérée, cédant et cessionnaire tenus solidairement de la libération envers société et tiers” (deed in French)1 more provision on this in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Offerts par préférence aux actionnaires existants, proportionnellement au nombre d’actions qu’ils détiennent, pas suppression ou limitation…” (deed in French)“Tout versement appelé s'impute sur l'ensemble des actions dont l'actionnaire est titulaire, l’organe d’administration peut autoriser les…” (deed in French)
- Authorised capitalThe amount by which the board may raise capital without a new shareholder decision.
- One provision in the deed
- Financial instrumentSecurities other than shares, such as bonds or warrants, the company can issue.
- One provision in the deed
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “Distribution, dans les limites fixées par la loi” (deed in French)
Meetings and financial year
- General meeting ruleHow the general meeting works: who calls it, who may attend and how it decides.
- One provision in the deed
- Meeting noticeHow and how far ahead shareholders are invited to a meeting; by law at least fifteen days.
- One provision in the deed
- Adjournment ruleWhen the board may postpone a meeting; by law once, by three weeks.
- One provision in the deed
- Proxy ruleWhether a shareholder may be represented at the meeting by someone else.
- One provision in the deed
Oversight and winding up
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- One provision in the deed
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed