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AMPACIMON

Active
Public limited companyfounded 201016 yrs activeBoulevard de Patience et Beaujonc 3, 4000 Liège, BelgiumKBO/BCE: BE 0827.990.317
Summary

AMPACIMON has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.7m and a net result of -€4.3m. Equity is growing by ~21.1% per year across the filed fiscal years. Its solvency ranks better than 80% of 173 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Activity
Manufacture of computer, electronic and optical products
NACE 26510Engineering and related technical consultancy, excluding land surveyors NACE 71121
#2 company by staff growth in Liège, Manufacturing sector1 site
Size
€3.6mturnover 2025
Staff
38.9 FTE
Equity
€8.7m
Loss
-€4.3m
Financial health
66 Healthy Checked score 2025
Bankruptcy chance 12 m
1.0%
Structure
Largest shareholder
KORYS INVESTMENTS · 26.73%
Board
9 members
Holdings
2
Auditor: REWISÉ AD REVISEUR D'ENTREPRISESAccounts 63 d early
Why 66- Loss of €4.3m, the second in a row (FY 2025)- 1 change of registered office in 24 months- Liquidity: current ratio 3.58, cash €32,350, halved+ Sector Manufacture of computer, electronic and optical products (NACE 26)Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 40% of its sector peers (NACE 26, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency 100=
equity 78.7% of total assets
Liquidity 47-1
short-term debt 15.1% · cash 0.3%
Profitability 0-17
return on assets -38.6%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (114 companies)
Last 24 months 11-2024: 0.9% 12-2024: 0.9%● 0.0% vs 11-2024 01-2025: 0.9%● 0.0% vs 12-2024 02-2025: 0.9%● 0.0% vs 01-2025 03-2025: 0.9%▲ +1.6% vs 02-2025 04-2025: 1.0%▲ +8.2% vs 03-2025 05-2025: 1.0%▼ -1.1% vs 04-2025 06-2025: 1.0%▲ +4.8% vs 05-2025highest value 07-2025: 0.4%▼ -62.8% vs 06-2025 08-2025: 0.4%● 0.0% vs 07-2025 09-2025: 0.4%▼ -2.0% vs 08-2025 10-2025: 0.4%● 0.0% vs 09-2025 11-2025: 0.4%▼ -2.9% vs 10-2025 12-2025: 0.4%● 0.0% vs 11-2025 01-2026: 0.4%▼ -4.6% vs 12-2025 02-2026: 0.3%▼ -2.0% vs 01-2026 03-2026: 0.3%▼ -1.7% vs 02-2026lowest value 04-2026: 0.4%▲ +6.4% vs 03-2026 05-2026: 0.4%▼ -1.4% vs 04-2026 06-2026: 0.5%▲ +47.4% vs 05-2026 07-2026: 0.5%● 0.0% vs 06-2026 08-2026: 0.5%● 0.0% vs 07-2026 09-2026: 0.5%● 0.0% vs 08-2026 10-2026: 1.0%▲ +83.2% vs 09-2026
  • Loss of €4.3m, the second in a row (FY 2025) raises the probability
  • 1 change of registered office in 24 months raises the probability
  • Liquidity: current ratio 3.58, cash €32,350, halved raises the probability
  • Sector Manufacture of computer, electronic and optical products (NACE 26) lowers the probability
Credit up to €360,000 at 30 days acceptable
Liquidity ample (current ratio 3.58 against 4.72 in 2024; short-term debt: 15.1% and cash: 0.3% of total assets), and 21.3% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 26, small). Better than this share of them on solvency 90%, liquidity 53%, profitability 7%, growth against the median 12%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Loss of €4.3m, the second in a row (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Liquidity: current ratio 3.58, cash €32,350, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Sector Manufacture of computer, electronic and optical products (NACE 26)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€4.3m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
63 d early
2024
37 d early
2023
34 d early
2022
54 d early
2021
19 d early
2020
23 d early
2019
26 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 29 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 24 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
04-10-2026 today31-12-2026 close31-07-2027 deadline
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
  1. Resignation: Stephan Heberer (daily management delegate)Registered-office move
  2. Permanent representatives: Joanna TYREKIDI and Loic…State Gazette act
  3. Reappointments: Indranil CHATTERJEE, KORYS MANAGEMENT SA…State Gazette act

Key points

  • Risk: 5 loss-making years in a rowloss fiscal year 2025 -€4.3m View
  • Caution: Result fell in 2025from -€305,828 to -€4.3m ▼ 1,294% View
  • Caution: Among the weakest 9% on net resultsector median €122,738 · 173 companies -€4.3m View
  • Board changedlatest change 11-09-2026 · 9 in office 2 joined · 1 left View
  • Positive: Always filed on timeaccounts within the deadline every year 6 years View

By topic

Financials

Fiscal year
2025
Turnover
€3.6m
Loss
-€4.3m
Solvency
78.7%
Turnover▼ 43.4%
Net result
20242025
Go to Financials

Board & ownership

Board
9 members
Largest shareholder
KORYS INVESTMENTS · 26.73%
Auditor
REWISÉ AD REVISEUR D'ENTREPRISES
Go to Board & ownership

Timeline

Events
48
Since
2010
Next accounts
by 31-07-2027
  1. 11-09-2026Resignation: Stephan Heberer (daily management delegate)
  2. 01-09-2026Permanent representatives: Joanna TYREKIDI and Loic BAR
  3. 26-08-2026Reappointments: Indranil CHATTERJEE, KORYS MANAGEMENT SA and…
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of computer, electronic and optical productsNACE 26510
Founded
22-07-2010
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
4
Purpose
La société a pour objet la conception, le développement, la production et la…
Go to Articles of association

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