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AMMARDI

Active
Public limited companyfounded 1983active for 42 yearsLijsterdreef 8, 2360 Oud-Turnhout, BelgiumKBO/BCE: BE 0425.159.314

The file of AMMARDI contains 2 historical bankruptcy publications and 1 administrative flag, as published in the Belgian Official Gazette.

Summary

The computed 12-month bankruptcy probability is 0.7% (low). The 2024 annual accounts show equity of €6.7m and a net result of -€25,353. Equity is growing by about 8.9% per year across the filed financial years. Its solvency ranks better than 82% of 9,641 sector peers (NACE 68, financial year 2024).

Overview

Activity
Renting and operating of own or leased residential real estate, excluding social housing
NACE 68201
Largest company by total assets in Oud-Turnhout, Real estate sector1 site
Size
€8.9mtotal assets 2024
Equity
€6.7m
Loss
-€25,353
Turnover not published (abbreviated format)
Financial health
56 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.7%
Structure
Accounts 78 days overdue0 of 5 deeds read
Why 56raises riskCapped at 59: a confirmed filing findingLiquidity: current ratio 15.56, cash €53,436, halvedFigures for financial year 2024 (filed 10-07-2025)Ex-officio strike-off in the KBOlowers riskSize: total assets €8.9mShow the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 52% of its sector peers (NACE 68, small)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Average
Solvency 100=
equity 75.1% of total assets
Liquidity 51-10
short-term debt 5.5% · cash 0.6%
Profitability 18+1
return on assets -0.3%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,976 companies, NACE 68, small)
Last 24 months 11-2024: 3.2%highest value 12-2024: 3.2%● unchanged vs 11-2024highest value 01-2025: 3.2%● unchanged vs 12-2024highest value 03-2025: 3.2%highest value 04-2025: 0.2%▼ -3.0 percentage points vs 03-2025 05-2025: 0.5%▲ +0.3 percentage points vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.2%▼ -0.3 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.3 percentage points vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.7%▲ +0.2 percentage points vs 09-2026
Credit of up to €370,000 on 30-day terms, only on tighter conditions: historical bankruptcy publications
Liquidity ample (current ratio 15.56, compared with 28.37 in 2023, above the usual 1.5; short-term debt: 5.5% and cash: 0.6% of total assets), and 24.9% of the assets are financed with debt and provisions.
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 68, small): better than 92% on solvency, 63% on liquidity, 12% on profitability and 40% on growth.

The bankruptcy probability was computed on 16-10-2026 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

Eight signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 15.56, cash €53,436, halved
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 10-07-2025)
NBB · annual accounts
lowers risk · Size: total assets €8.9m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Ex-officio strike-off in the KBO
KBO publications
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian Official Gazette, no current open procedure.
Belgian Official Gazette
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 78 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline17-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
21 days early
2023
240 days late
2022
606 days late
2021
971 days late
2020
1336 days late
2019
133 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 544 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Late accounts filingStrikeout withdrawn
  1. Annual accounts filedfinancial year 2024 · abbreviated…
  2. Strikeout withdrawnKBO administration
  3. Late accounts filingevent 19-03-2025

Key points

  • Risk: 3 loss-making years in a rowloss financial year 2024 -€25,353 View
  • Positive: Largest company by total assets in Oud-Turnhout, Real estate sectorin the Checked rankings No. 1 View
  • Positive: Result rose in 2024from -€138,290 to -€25,353 ▲ 81.7% View
  • Caution: Accounts not fileddeadline was 31-07-2026 78 days late View

By topic

Financials

Financial year
2024
Total assets
€8.9m
Loss
-€25,353
Solvency
75.1%
Total assets▲ 2.3%
Net result
20182024
Go to Financials

Timeline

Events
49
Since
1985
  1. 28-03-2025Annual accounts filed
  2. 28-03-2025Annual accounts filed
  3. 28-03-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Renting and operating of own or leased residential…NACE 68201
Founded
28-12-1983
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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