AMON Management
ActiveSummary
AMON Management has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €436,727 and a net result of €95,465. Equity has been growing by about 9.8% per year since 2018. Its solvency ranks better than 70% of 39,275 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 15-04-2008 Normal situation
- Activity
- Business and other management consultancy NACE 70200and 3 others
- Establishment unit
- 2.170.275.030 1180 Ukkel, since 15-04-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 12-02-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €154,250
- ▲ 17.2%
- Turnover
- ≈ €260,000
- estimated
- Profit
- €95,465
- ▲ 9.9%
- Equity
- €436,727
- ▲ 9.3%
- Total assets
- €592,833
- ▲ 23.7%
- 2025 accounts filed 29 days after the deadline
Score breakdownlowers riskLiquidity: current ratio 3.72, cash €342,948Size: total assets €592,833Equity €436,727 (73.7% of total assets)Sector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Checked score
Fewer than 1 in 1,000 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 70, micro). It does better than 70% of them on solvency, 83% on liquidity, 58% on profitability and 56% on growth.
The bankruptcy probability was computed on 02-11-2026 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 7 accounts on average 13 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 29 days after the deadline Filed on 29 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00457174.
Annual accounts 2025 filed on 29-08-2026 at the NBB all 17 filings
Every figure per financial year
The operating result for 2025 is 18% higher than in 2024 and the highest since 2021. It is a recovery after the fall in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €1,217 | €35,719 | €4,788 | €2,555 |
| Financial fixed assets | €2,600 | - | - | - | - |
| Depreciation and write-downs of the year | €8,560 | €7,082 | €8,765 | €12,756 | €14,208 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €13,121 | €0 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | - | - | €39 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,401 | €14,438 | €12,940 | €8,560 | €7,082 | €8,765 | €12,756 | €14,208 | ▲ 11.4% |
| Other operating charges640/8 | - | - | - | €1,522 | €521 | €3,615 | €1,171 | €1,000 | ▼ 14.6% |
| Gross operating margin9900 | €106,681 | €88,030 | €96,064 | €101,722 | €121,627 | €143,493 | €131,625 | €154,250 | ▲ 17.2% |
| Operating profit (loss)9901 | €92,497 | €71,706 | €81,625 | €91,640 | €114,024 | €131,073 | €117,698 | €139,042 | ▲ 18.1% |
| Financial income75/76B | - | - | - | €1,547 | €713 | €9,691 | €6,489 | €76 | ▼ 98.8% |
| Recurring financial income75 | €1 | €1 | €27 | €1,547 | €713 | €9,691 | €6,489 | €76 | ▼ 98.8% |
| Financial charges65/66B | - | - | - | €112 | €109 | €221 | €390 | €538 | ▲ 37.7% |
| Recurring financial charges65 | €777 | €165 | €159 | €112 | €109 | €221 | €390 | €538 | ▲ 37.7% |
| Profit (loss) for the period before taxes9903 | €91,721 | €71,542 | €81,493 | €93,075 | €114,628 | €140,543 | €123,796 | €138,581 | ▲ 11.9% |
| Income taxes67/77 | €23,530 | €20,833 | €23,346 | €26,598 | €33,835 | €43,819 | €36,934 | €43,116 | ▲ 16.7% |
| Profit (loss) for the period9904 | €68,191 | €50,709 | €58,147 | €66,477 | €80,793 | €96,724 | €86,863 | €95,465 | ▲ 9.9% |
| Profit (loss) for the period to be appropriated9905 | €68,191 | €50,709 | €58,147 | €66,477 | €80,793 | €96,724 | €86,863 | €95,465 | ▲ 9.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €226,917 | €283,595 | €358,123 | €432,692 | €519,731 | €505,521 | €479,307 | €592,833 | ▲ 23.7% |
| Fixed assets21/28 | €55,936 | €50,178 | €38,242 | €17,531 | €6,166 | €33,120 | €23,651 | €11,998 | ▼ 49.3% |
| Tangible fixed assets22/27 | €53,320 | €42,362 | €30,426 | €8,415 | €2,550 | €29,504 | €21,535 | €9,882 | ▼ 54.1% |
| Land and buildings22 | - | - | - | €5,456 | €1,065 | - | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €0 | €1,090 | €1,273 | €584 | €21 | ▼ 96.4% |
| Furniture and vehicles24 | - | - | - | €2,959 | €395 | €28,230 | €20,951 | €9,861 | ▼ 52.9% |
| Financial fixed assets28 | €2,616 | €7,816 | €7,816 | €9,116 | €3,616 | €3,616 | €2,116 | €2,116 | = |
| Current assets29/58 | €170,981 | €233,417 | €319,882 | €415,161 | €513,565 | €472,401 | €455,656 | €580,835 | ▲ 27.5% |
| Amounts receivable within one year40/41 | €14,805 | €20,210 | €39,016 | €13,774 | €92,198 | €303,766 | €237,483 | €237,359 | ▼ 0.1% |
| Trade receivables40 | - | - | - | €13,774 | €1,486 | €26,386 | €10,224 | €10,100 | ▼ 1.2% |
| Other amounts receivable41 | - | - | - | €0 | €90,713 | €277,381 | €227,259 | €227,259 | = |
| Cash at bank and in hand54/58 | €156,110 | €212,854 | €280,659 | €400,970 | €420,056 | €168,255 | €217,853 | €342,948 | ▲ 57.4% |
| Deferred charges and accrued income490/1 | - | - | - | €417 | €1,310 | €380 | €321 | €527 | ▲ 64.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €226,917 | €283,595 | €358,123 | €432,692 | €519,731 | €505,521 | €479,307 | €592,833 | ▲ 23.7% |
| Equity10/15 | €186,579 | €237,288 | €295,434 | €361,911 | €442,705 | €363,255 | €399,409 | €436,727 | ▲ 9.3% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €178,034 | €228,743 | €286,890 | €353,367 | €434,160 | €354,710 | €390,864 | €428,182 | ▲ 9.5% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €351,507 | €432,300 | €352,850 | €389,004 | €426,322 | ▲ 9.6% |
| Profit (loss) carried forward14 | €2,345 | €2,345 | €2,345 | €2,345 | €2,345 | €2,345 | €2,345 | €2,345 | = |
| Amounts payable17/49 | €40,338 | €46,307 | €62,689 | €70,781 | €77,026 | €142,266 | €79,899 | €156,106 | ▲ 95.4% |
| Amounts payable within one year42/48 | €40,338 | €45,557 | €61,199 | €69,131 | €77,026 | €142,266 | €79,899 | €156,106 | ▲ 95.4% |
| Trade debts44 | €2,297 | €1,194 | €4,231 | €3,479 | €1,444 | €3,005 | €2,853 | €285 | ▼ 90.0% |
| Suppliers440/4 | - | - | - | €3,479 | €1,444 | €3,005 | €2,853 | €285 | ▼ 90.0% |
| Taxes, remuneration and social security45 | - | - | - | €61,484 | €73,440 | €57,630 | €26,337 | €42,181 | ▲ 60.2% |
| Taxes450/3 | - | - | - | €58,602 | €70,530 | €54,663 | €23,324 | €39,150 | ▲ 67.9% |
| Remuneration and social security454/9 | - | - | - | €2,882 | €2,910 | €2,967 | €3,012 | €3,030 | ▲ 0.6% |
| Other amounts payable47/48 | - | - | - | €4,167 | €2,142 | €81,631 | €50,709 | €113,639 | ▲ 124% |
| Accrued charges and deferred income492/3 | - | - | - | €1,650 | €0 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €68,191 | €50,709 | €58,147 | €66,477 | €80,793 | €96,724 | €86,863 | €95,465 | ▲ 9.9% |
| + Depreciation and write-downs630 | €13,401 | €14,438 | €12,940 | €8,560 | €7,082 | €8,765 | €12,756 | €14,208 | ▲ 11.4% |
| Operating cash flow (approximation) | €81,592 | €65,146 | €71,087 | €75,037 | €87,876 | €105,490 | €99,619 | €109,673 | ▲ 10.1% |
| Investment in fixed assets (approximation) | - | -€8,680 | -€1,004 | €12,151 | €4,283 | -€35,719 | -€3,288 | -€2,555 | ▲ 22.3% |
| Change in cash | - | €56,743 | €67,805 | €120,311 | €19,086 | -€251,801 | €49,597 | €125,096 | ▲ 152% |
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, 17,811 companies had the same profile as AMON Management has now. Two years later, 96.5% were still going and 0.3% had gone bankrupt.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of AMON Management itself: < 0.1% within 12 months.
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 17,811 companies, not a prediction for AMON Management. 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.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-08-2026 | 2026-00457174 | |
| 31-12-2024 | micro format | 30-07-2025 | 2025-00361714 | |
| 31-12-2023 | micro format | 13-08-2024 | 2024-00342152 | |
| 31-12-2022 | micro format | 08-06-2023 | 2023-00113438 | |
| 31-12-2021 | micro format | 26-08-2022 | 2022-20322285 | |
| 31-12-2020 | micro format | 23-08-2021 | 2021-51100115 | |
| 31-12-2019 | micro format | 22-09-2020 | 2020-54900013 | |
| 31-12-2018 | micro format | 01-07-2019 | 2019-28100165 | |
| 31-12-2017 | micro format | 08-08-2018 | 2018-44300447 | |
| 31-12-2016 | micro format | 29-06-2017 | 2017-24100526 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 18-10-2024 Converted to unavailable equity · €8,060
- 18-10-2024 Converted to uncalled contributions · €12,400
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| EL GAMMAL Adel Gaafar Jean Godefroid |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Rémunération administrateurs, fixe ou proportionnelle”
Articles of association, deed of 18-10-2024 (in French)
Network & group
AMON Management shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of AMON Management. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
18-10
Gazette deed
Resignation: EL GAMMAL Adel Gaafar Jean Godefroid (manager)Reappointment: EL GAMMAL Adel Gaafar Jean Godefroid (director) · Declaration · Purpose change14 points ▸
- General meeting, “1180 Uccle,avenue du Feuillage 36, valablement constituée et apte à délibérer sur les objets figurant à l'ordre du jour” (deed in French)
- Declaration, “rapport de l’organe d’administration justifiant les modifications proposées à l’objet, dispense du Président d’en donner lecture” (deed in French)
- Declaration, “rapport de l’organe d’administration article 5:101, sans réserves aux conclusions” (deed in French)
- Purpose change
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Capital conversion, “compte de capitaux propres apports non appelés” (deed in French)
- Reserve release, “suppression du compte de capitaux propres statutairement indisponible”, 8060 (deed in French)
- Amendment of the articles
- Capital
- Director resignation, EL GAMMAL Adel Gaafar Jean Godefroid (manager)
- Director reappointment, EL GAMMAL Adel Gaafar Jean Godefroid (director (not named in the articles))
- Registered office clause, “1180 Uccle,Avenue du Feuillage 36” (deed in French)
- The act holds 2 more points.
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
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21614H0010/00Y018 | Brussels | 151 m² | 1 · 150 m² | 16.7 m · 3 |