AMM CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of AMM CONSTRUCT is 2.5% (moderate). The 2025 annual accounts show equity of €152,996 and a net result of €39,426. Equity has been growing by about 38% per year since 2020. Its solvency ranks better than 83% of 9,396 sector peers (NACE 41, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 18-07-2020 Normal situation
- Activity
- General construction of residential buildings NACE 41001and 1 other
- Joint committee
- 124 Paritair Comité voor het bouwbedrijf · annual accounts 2025
- Establishment unit
- 2.309.266.627 1000 Brussel, since 01-09-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 08-01-2026
Board and ownership
- Mandici MariaDirector · since 18-07-2020
- MANDICI IonelDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.5%
- Gross margin
- €202,921
- ▲ 70.2%
- Turnover
- ≈ €670,000
- estimated
- Profit
- €39,426
- ▲ 459%
- Equity
- €152,996
- ▲ 34.7%
- Total assets
- €206,151
- ▲ 12.5%
- Staff
- ≈ 1.1 FTE
- estimated
- 2025 accounts filed 61 days after the deadline
Score breakdownraises riskLast filed accounts filed 61 days late; 3 of the last 3 accounts lateSize: total assets €206,151Sector: Construction of residential and non-residential buildings (NACE 41)Founded in 2020Show the evidence
Checked score
About 2 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 41, micro). It does better than 83% of them on solvency, 59% on liquidity, 32% on profitability and 73% 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 6 accounts on average 99 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 61 days after the deadline Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00538478.
Annual accounts 2025 filed on 30-09-2026 at the NBB all 6 filings
Every figure per financial year
The operating result for 2025 is nearly 3.4 times that of 2024 and the highest since 2021. It is a recovery after the fall in 2024.
Staff
| Item | 31-12-2023 |
|---|---|
| Employees at the balance-sheet date | 1 |
| full-time | 1 |
| in full-time equivalents | 1 |
| Average over the year, in full-time equivalents | 0.9 |
| On a permanent contract | 1 |
Source: social balance sheet in the 2023 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €49,033 | €71,011 | - | €15,060 |
| Depreciation and write-downs of the year | - | €11,559 | €14,947 | €38,689 | €27,130 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Turnover70 | €19,746 | - | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €31,781 | €41,961 | €45,940 | ▲ 9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €11,559 | €14,947 | €38,689 | €27,130 | ▼ 29.9% |
| Other operating charges640/8 | - | - | - | - | €81 | - | - |
| Gross operating margin9900 | -€1,706 | €7,454 | €125,088 | €131,878 | €119,252 | €202,921 | ▲ 70.2% |
| Operating profit (loss)9901 | -€1,706 | €7,454 | €113,530 | €85,150 | €38,522 | €129,851 | ▲ 237% |
| Financial income75/76B | - | - | €795 | €1,355 | €186 | €0 | ▼ 100.0% |
| Recurring financial income75 | - | - | €795 | €1,355 | €186 | €0 | ▼ 100.0% |
| Financial charges65/66B | - | €124 | €42,750 | €30,012 | €28,456 | €90,426 | ▲ 218% |
| Recurring financial charges65 | €34 | €124 | €42,750 | €30,012 | €28,456 | €90,426 | ▲ 218% |
| Profit (loss) for the period before taxes9903 | -€1,740 | €7,330 | €71,575 | €56,493 | €10,252 | €39,426 | ▲ 285% |
| Income taxes67/77 | - | €1,200 | €12,750 | €15,189 | €3,200 | - | - |
| Profit (loss) for the period9904 | -€1,740 | €6,130 | €58,825 | €41,304 | €7,052 | €39,426 | ▲ 459% |
| Profit (loss) for the period to be appropriated9905 | -€1,740 | €6,130 | €58,825 | €41,304 | €7,052 | €39,426 | ▲ 459% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €3,324 | €23,603 | €409,155 | €364,751 | €183,260 | €206,151 | ▲ 12.5% |
| Fixed assets21/28 | - | - | €35,971 | €92,034 | €51,357 | €34,824 | ▼ 32.2% |
| Tangible fixed assets22/27 | - | - | €35,971 | €92,034 | €51,357 | €34,824 | ▼ 32.2% |
| Furniture and vehicles24 | - | - | €35,971 | €92,034 | €51,357 | €34,824 | ▼ 32.2% |
| Current assets29/58 | €3,324 | €23,603 | €373,184 | €272,716 | €131,903 | €171,327 | ▲ 29.9% |
| Amounts receivable within one year40/41 | €3,146 | €18,763 | €372,802 | €263,488 | €84,889 | €147,539 | ▲ 73.8% |
| Trade receivables40 | - | €5,383 | €358,739 | €214,262 | €44,531 | €90,772 | ▲ 104% |
| Other amounts receivable41 | - | €13,380 | €14,063 | €49,226 | €40,359 | €56,767 | ▲ 40.7% |
| Cash at bank and in hand54/58 | €178 | €4,841 | €382 | €9,228 | €47,014 | €23,788 | ▼ 49.4% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €3,324 | €23,603 | €409,155 | €364,751 | €183,260 | €206,151 | ▲ 12.5% |
| Equity10/15 | €260 | €6,389 | €65,214 | €106,518 | €113,570 | €152,996 | ▲ 34.7% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | - | €200 | €200 | €200 | €200 | €200 | = |
| Distributable reserves133 | - | €200 | €200 | €200 | €200 | €200 | = |
| Profit (loss) carried forward14 | -€1,740 | €4,189 | €63,014 | €104,318 | €111,370 | €150,796 | ▲ 35.4% |
| Amounts payable17/49 | €3,065 | €17,214 | €343,940 | €258,233 | €69,690 | €53,155 | ▼ 23.7% |
| Amounts payable within one year42/48 | €3,065 | €17,214 | €343,940 | €258,233 | €69,690 | €53,155 | ▼ 23.7% |
| Trade debts44 | - | - | €312,889 | €88,266 | €5,276 | €48 | ▼ 99.1% |
| Suppliers440/4 | - | - | €312,889 | €88,266 | €5,276 | €48 | ▼ 99.1% |
| Taxes, remuneration and social security45 | - | €9,142 | €23,111 | €39,911 | €41,583 | €45,578 | ▲ 9.6% |
| Taxes450/3 | - | €9,142 | €23,111 | €36,246 | €38,144 | €42,637 | ▲ 11.8% |
| Remuneration and social security454/9 | - | - | - | €3,665 | €3,439 | €2,941 | ▼ 14.5% |
| Other amounts payable47/48 | - | €8,071 | €7,940 | €130,056 | €22,831 | €7,528 | ▼ 67.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,740 | €6,130 | €58,825 | €41,304 | €7,052 | €39,426 | ▲ 459% |
| + Depreciation and write-downs630 | - | - | €11,559 | €14,947 | €38,689 | €27,130 | ▼ 29.9% |
| Operating cash flow (approximation) | -€1,740 | €6,130 | €70,384 | €56,251 | €45,741 | €66,556 | ▲ 45.5% |
| Investment in fixed assets (approximation) | - | - | - | -€71,011 | €1,989 | -€10,597 | - |
| Change in cash | - | €4,662 | -€4,459 | €8,846 | €37,786 | -€23,226 | - |
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, 26,972 companies had the same profile as AMM CONSTRUCT has now. Two years later, 94.9% were still going and 1.6% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of AMM CONSTRUCT itself is higher: 2.5% within 12 months. It rests on far more data about AMM CONSTRUCT than the profile alone.
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 26,972 companies, not a prediction for AMM CONSTRUCT. 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.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-09-2026 | 2026-00538478 | |
| 31-12-2024 | micro format | 31-12-2025 | 2026-00000843 | |
| 31-12-2023 | micro format | 06-11-2024 | 2024-00529306 | |
| 31-12-2022 | micro format | 21-11-2023 | 2023-00514341 | |
| 31-12-2021 | micro format | 30-09-2022 | 2022-20447320 | |
| 31-12-2020 | full format | 18-11-2021 | 2021-77600395 |
Board & ownership
Directors
Owners and capital
Shareholders
- Mandici lonel associé actif · 5 shares
- Mandici Maria 95 shares
- Mandici lonel to Mandici Maria 95 shares
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Mandici Maria |
|
| MANDICI Ionel |
|
| Mandici lonel |
|
Network & group
AMM CONSTRUCT shares no director with another company.
Companies at the same address
6 other companies- ALINAD Registered office · since 2024 1016481410
- Henrotin, Vasco (sole trader) Establishment · since 2024 1009462271
- Smismans, Nathalie (sole trader) Establishment · since 2023 0805374469
- Ohayon, Julian (sole trader) Establishment · since 2019 0731924881
- Eliacik, Zeki (sole trader) Establishment · since 2018 0695607784
- Association des Copropriétaires Résidence Feyder à Bruxelles , rue de la Longue Haie 6 - rue du Président 71 Registered office · since 2000 0817650414
Connections & network
2 current directorsThe network starts from the directors of AMM CONSTRUCT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
11-06
Gazette deed
Appointment: MANDICI IONEL (director)Board rule5 points ▸
- General meeting, 01-05-2026
- Director appointment, MANDICI IONEL (director)
- Board composition, MANDICI MARIA (director)
- Board composition, MANDICI IONEL (director)
- Board rule, 2
19-01
Gazette deed
Transfer of 95 sharesResignation: Mandici lonel (director) · Director discharge · Partner8 points ▸
- General meeting, 01-06-2022
- Share transfer, Mandici lonel → Mandici Maria
- Director resignation, Mandici lonel (director)
- Director discharge, Mandici lonel
- Partner, Mandici lonel (associé actif)
- Mandici Maria holds 95 shares
- Mandici lonel holds 5 shares
- Other provision, “gazette annex header, Votel 3:” (deed in French)
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
Invoicing and payment
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. Use the enterprise number 0750.838.101
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21807G0033/00E000 | Brussels | 393 m² | 1 · 394 m² | 33.7 m · 10 |