AMPTEC
ActiveFinancials · financial year 2025, full format
Annual accounts 2025 filed on 29-06-2026 at the NBB all 35 filings
Turnover
€28.7m▼ 10.8%
2024 · €32.2m
EBIT margin
-0.3%▼ 5.0pp
2024 · 4.7%
Net result
€35,600▼ 96.4%
2024 · €986,041
Working capital
€5.3m▼ 1.0%
2024 · €5.4m
In the rankings
#3 employer in Bilzen-Hoeselt, Wholesale and retail trade sector#9 company by total assets in Bilzen-Hoeselt, Wholesale and retail trade sector#9 company by equity in Bilzen-Hoeselt, Wholesale and retail trade sector
Multi-year overview
2018 to 2025, 8 financial yearsTurnover
€28.7m
▼ 10.8%
2025
20182025
Operating result
-€76,297
2025
20182025
Net result
€35,600
▼ 96.4%
2025
middle half of the sector
20182025
EBIT margin
-0.3%
▼ 5.0pp
2025
20182025
Equity
€5.8m
▲ 0.6%
2025
highest quarter of the sector
20182025
Total assets
€14.9m
▲ 15.6%
2025
highest quarter of the sector
20182025
Debt
€9.0m
▲ 27.8%
2025
20182025
Working capital
€5.3m
▼ 1.0%
2025
highest quarter of the sector
20182025
Solvency
38.8%
▼ 5.8pp
2025
middle half of the sector
20182025
Current ratio
1.63
▼ 0.22
2025
middle half of the sector
20182025
Return on assets (ROA)
0.2%
▼ 7.4pp
2025
middle half of the sector
20182025
Staff (FTE)
38.5
▼ 2.3%
2025
highest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€17.1m-€20.7m▲ 20.8%€18.7m▼ 9.5%€20.1m▲ 7.1%€23.5m▲ 17.1%€26.4m▲ 12.5%€32.2m▲ 21.9%€28.7m▼ 10.8%
Operating result€1.1m-€1.0m▼ 2.4%€0.7m▼ 34.1%€0.5m▼ 21.9%€0.5m▲ 1.7%€0.7m▲ 19.8%€1.5m▲ 134%-€0.08m
Net result€0.7m-€0.7m▲ 3.8%€0.4mabove the sector's middle half▼ 40.0%€0.3mwithin the sector's middle half▼ 27.3%€0.2mwithin the sector's middle half▼ 22.3%€0.3mwithin the sector's middle half▲ 16.4%€1.0mabove the sector's middle half▲ 242%€0.04mwithin the sector's middle half▼ 96.4%
EBIT margin6.2%-5.0%▼ 1.2pp3.7%▼ 1.4pp2.7%▼ 1.0pp2.3%▼ 0.4pp2.5%▲ 0.2pp4.7%▲ 2.3pp-0.3%▼ 5.0pp
Equity€4.0m-€4.7m▲ 18.2%€5.2mabove the sector's middle half▲ 9.2%€5.5mabove the sector's middle half▲ 6.1%€4.5mwithin the sector's middle half▼ 19.0%€4.7mwithin the sector's middle half▲ 6.5%€5.7mabove the sector's middle half▲ 20.8%€5.8mabove the sector's middle half▲ 0.6%
Total assets€8.4m-€10.3m▲ 23.1%€11.3mabove the sector's middle half▲ 10.1%€10.4mwithin the sector's middle half▼ 8.7%€15.4mabove the sector's middle half▲ 48.6%€14.0mabove the sector's middle half▼ 9.1%€12.9mwithin the sector's middle half▼ 8.1%€14.9mabove the sector's middle half▲ 15.6%
Debt€4.3m-€5.5m▲ 27.6%€6.1m▲ 10.9%€4.8m▼ 21.2%€10.9m▲ 125%€9.2m▼ 15.4%€7.1m▼ 23.5%€9.0m▲ 27.8%
Working capital€3.3m-€4.0m▲ 21.4%€4.4mabove the sector's middle half▲ 12.1%€5.1mabove the sector's middle half▲ 14.1%€3.9mabove the sector's middle half▼ 23.6%€4.4mabove the sector's middle half▲ 13.5%€5.4mabove the sector's middle half▲ 23.0%€5.3mabove the sector's middle half▼ 1.0%
Solvency48.1%-46.1%▼ 1.9pp45.8%within the sector's middle half▼ 0.4pp53.2%within the sector's middle half▲ 7.4pp29.0%within the sector's middle half▼ 24.2pp33.9%within the sector's middle half▲ 4.9pp44.6%within the sector's middle half▲ 10.7pp38.8%within the sector's middle half▼ 5.8pp
Current ratio1.79-1.74▼ 0.051.73within the sector's middle half▼ 0.012.16within the sector's middle half▲ 0.421.38within the sector's middle half▼ 0.781.52within the sector's middle half▲ 0.141.84within the sector's middle half▲ 0.331.63within the sector's middle half▼ 0.22
Return on assets (ROA)8.4%-7.1%▼ 1.3pp3.9%within the sector's middle half▼ 3.2pp3.1%within the sector's middle half▼ 0.8pp1.6%within the sector's middle half▼ 1.5pp2.1%within the sector's middle half▲ 0.5pp7.7%within the sector's middle half▲ 5.6pp0.2%within the sector's middle half▼ 7.4pp
Staff (FTE)36.4-38.5▲ 5.8%35.1above the sector's middle half▼ 8.8%37above the sector's middle half▲ 5.4%39.7above the sector's middle half▲ 7.3%39.1above the sector's middle half▼ 1.5%39.4above the sector's middle half▲ 0.8%38.5above the sector's middle half▼ 2.3%
above
within
below
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €76,297, after a profit of €1.5m in 2024. It is the lowest result since 2021.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14.9m
Fixed assets
€990,271 ▼ 6.0%
Current assets
€13.9m ▲ 17.5%
Equity and liabilities €14.9m
Equity
€5.8m ▲ 0.6%
Provisions
€42,226 =
Debt
€9.0m ▲ 27.8%
Debt's share of the balance-sheet total rises from 55.1% to 60.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€228,956▼
2024 · €1.8m
Cash flow
€340,854▼
2024 · €1.3m
Quick ratio
0.82▼
2024 · 1.01
Debt to equity
1.57▲
2024 · 1.23
ROE
0.6%▼
2024 · 17.2%
Interest coverage
2.20▼
2024 · 10.32
Debt ≤ 1 year
€8.5m▲
2024 · €6.4m
Debt > 1 year
€475,469▼
2024 · €602,728
Income taxes
-€16,502▼
2024 · €471,839
Customer credit
75 days▲
2024 · 66 days
Supplier credit
39 days▲
2024 · 37 days
Staff costs
€3.2m▲
2024 · €3.1m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 38 | 40 | 39 | 41 | 40 |
| full-time | 33 | 36 | 29 | 32 | 33 |
| part-time | 5 | 4 | 10 | 9 | 7 |
| in full-time equivalents | 37.2 | 39.2 | 36.8 | 38.8 | 38.2 |
| Average over the year, in full-time equivalents | 37 | 39.7 | 39.1 | 39.4 | 38.6 |
| On a permanent contract | 38 | 40 | 39 | 41 | 40 |
| Joined | 9 | - | 10 | 14 | 10 |
| Left | 7 | - | 11 | 12 | 11 |
| Agency workers, average number | - | - | - | - | 0 |
| Training hours | 22 | - | - | - | 16 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €1.0m | €876,585 | €3.9m | €2.5m | €2.9m |
| Mortgages, amount registered | €273,841 | €273,841 | €273,841 | €137,500 | €137,500 |
| Mortgage mandates | €204,431 | €204,431 | €204,431 | €204,431 | €204,431 |
| Carrying value of the mortgaged assets | €24,789 | €24,789 | €24,789 | - | - |
| Pledge on the business | €1.8m | €1.8m | €3.5m | €3.5m | €3.5m |
| Mandates to pledge the business | €715,000 | €715,000 | €715,000 | €715,000 | €715,000 |
| Pledge on other assets, amount secured | - | €3.8m | €3.8m | - | - |
| Carrying value of the other pledged assets | - | €3.8m | €3.8m | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €520,312 | €478,196 | €155,502 | €249,109 | €57,480 |
| Intangible fixed assets | - | - | - | - | €199,871 |
| Financial fixed assets | - | €100,000 | - | - | - |
| Depreciation and write-downs of the year | €230,879 | €255,138 | €276,197 | €290,039 | €305,254 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Auditor
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Fee for the audit | €6,840 | - | €12,600 | €13,447 | €16,705 |
| Work by persons linked to the auditor | - | - | €17,171 | €5,144 | €2,079 |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Subsidies and aid
Flemish government
2022 to 2025 · 8 entries · €17,558 awarded · €17,081 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €1,181 | €1,181 |
| 2024 | 2 | €3,636 | €5,685 |
| 2023 | 2 | €849 | €849 |
| 2022 | 3 | €11,892 | €9,366 |
European Union, budget
2024 to 2025 · 6 entries · €330,051 in total| Year | Entries | Awarded |
|---|---|---|
| 2025 | 4 | €259,514 |
| 2024 | 2 | €70,536 |
Projects
AUDIOVISUAL EQUIPMENT FOR AUDIOVISUAL SERVICES
SOFTWARE LICENCE
SOUND EQUIPMENT PURCHASE
AUDIOVISUAL EQUIPMENT
PURCHASE OF AUDIO VISUAL EQUIPMENT
Public contracts
15 awards · 2022 to 2026
Decoders, encoders, gateways, ingest servers en glue materiaal: 2025/OO/618 - 1
Broadcast Wireless Audio: 2025/OO/635 - 1
Audioprocessing: 2025/OO/617 - 1
Digital Signage & IPTV: 2024/OO-310 - 2
Integratie en leveringen van radiostudio-, radioregie- en inleescelfaciliteiten: 2024/OO/389 - 1
Show 10 more contracts
Integratie en leveringen van eventruimte- en eventregiefaciliteiten: 2024/OO/387 - 1
Servers & Storage: Media storage
Integratie en levering van postproductiefaciliteiten en aanverwant materiaal: 2024/OO/118 - 1
Provision of Professional Audio, Video and Photographic Equipment and Accessories and Services Related to this Equipment
Cultuurcentrum Brasschaat - zaal Ruiterhal: aankoop podiumtechnisch materiaal: Geluidsmengtafel en toebehoren
Hardware en Software Audio Postproductie
Fourniture de mobilier spécialisé pour l’aménagement des studios d’enregistrement, au sein des différents bâtiments de la RTBF
LA REALISATION ET LA MISE EN PLACE D’UNE SOLUTION IP A INFRASTRUCTURE PARTAGEE POUR LE COMPTE DU THÉÂTRE ROYAL DE LA MONNAIE: Infrastructure
LA REALISATION ET LA MISE EN PLACE D’UNE SOLUTION IP A INFRASTRUCTURE PARTAGEE POUR LE COMPTE DU THÉÂTRE ROYAL DE LA MONNAIE: Equipement
MARCHE DE FOURNITURE VISANT L’ACQUISITION DE MATERIEL TECHNIQUE: Marché de Fourniture visant l'acquisition de matériel technique
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €20.3m | €23.7m | €26.7m | €32.9m | €29.4m | ▼ 10.8% |
| Turnover70 | €17.1m | €20.7m | €18.7m | €20.1m | €23.5m | €26.4m | €32.2m | €28.7m | ▼ 10.8% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | - | - | €0.07m | €0.001m | -€0.06m | €0.02m | €0.3m | ▲ 17× |
| Own construction capitalised72 | - | - | - | - | - | - | - | €0.1m | - |
| Other operating income74 | - | - | - | €0.07m | €0.2m | €0.3m | €0.5m | €0.2m | ▼ 54.5% |
| Non-recurring operating income76A | - | - | - | €0.09m | €0.001m | €0.07m | €0.2m | €0.006m | ▼ 96.7% |
| Operating charges60/66A | - | - | - | €19.8m | €23.2m | €26.1m | €31.4m | €29.4m | ▼ 6.2% |
| Goods for resale, raw materials and consumables60 | - | - | - | €14.2m | €16.4m | €18.9m | €23.6m | €21.5m | ▼ 8.7% |
| Purchases600/8 | - | - | - | €15.0m | €18.4m | €18.5m | €22.5m | €22.8m | ▲ 1.3% |
| Change in stocks: decrease (increase)609 | - | - | - | -€0.8m | -€2.0m | €0.4m | €1.1m | -€1.2m | - |
| Services and other goods61 | - | - | - | €2.8m | €3.6m | €3.8m | €4.3m | €4.1m | ▼ 4.5% |
| Remuneration, social security and pensions62 | - | - | - | €2.4m | €2.9m | €3.0m | €3.1m | €3.2m | ▲ 4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.2m | €0.3m | €0.2m | €0.2m | €0.3m | €0.3m | €0.3m | €0.3m | ▲ 5.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €0.05m | - | €0.03m | €0 | ▼ 100% |
| Other operating charges640/8 | - | - | - | €0.03m | €0.05m | €0.08m | €0.06m | €0.1m | ▲ 109% |
| Non-recurring operating charges66A | - | - | - | - | €0.001m | €5 | - | €0.09m | - |
| Operating profit (loss)9901 | €1.1m | €1.0m | €0.7m | €0.5m | €0.5m | €0.7m | €1.5m | -€0.08m | - |
| Financial income75/76B | - | - | - | €0.1m | €0.1m | €0.2m | €0.3m | €0.3m | ▲ 3.7% |
| Recurring financial income75 | €0.1m | €0.2m | €0.1m | €0.1m | €0.1m | €0.2m | €0.3m | €0.3m | ▲ 3.7% |
| Other financial income752/9 | - | - | - | €0.1m | €0.1m | €0.2m | €0.3m | €0.3m | ▲ 3.7% |
| Financial charges65/66B | - | - | - | €0.2m | €0.2m | €0.3m | €0.3m | €0.2m | ▼ 39.5% |
| Recurring financial charges65 | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | €0.2m | ▼ 39.5% |
| Debt charges650 | €0.04m | €0.05m | €0.09m | €0.08m | €0.06m | €0.2m | €0.2m | €0.1m | ▼ 41.1% |
| Other financial charges652/9 | - | - | - | €0.08m | €0.1m | €0.09m | €0.1m | €0.07m | ▼ 37.0% |
| Profit (loss) for the period before taxes9903 | €1.1m | €1.1m | €0.6m | €0.5m | €0.5m | €0.6m | €1.5m | €0.02m | ▼ 98.7% |
| Transfer to deferred taxes680 | - | - | - | - | - | - | €0.04m | €0 | ▼ 100% |
| Income taxes67/77 | €0.4m | €0.3m | €0.2m | €0.2m | €0.3m | €0.3m | €0.5m | -€0.02m | - |
| Taxes670/3 | - | - | - | €0.2m | €0.3m | €0.3m | €0.5m | €0.04m | ▼ 92.4% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | - | - | €0.003m | €0.05m | ▲ 18× |
| Profit (loss) for the period9904 | €0.7m | €0.7m | €0.4m | €0.3m | €0.2m | €0.3m | €1.0m | €0.04m | ▼ 96.4% |
| Transfer from tax-exempt reserves789 | - | - | - | - | - | €0.4m | - | €0.4m | - |
| Transfer to tax-exempt reserves689 | - | - | - | €0.1m | - | €0.3m | €0.1m | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €0.7m | €0.4m | €0.4m | €0.2m | €0.2m | €0.3m | €0.9m | €0.5m | ▼ 46.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €8.4m | €10.3m | €11.3m | €10.4m | €15.4m | €14.0m | €12.9m | €14.9m | ▲ 15.6% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - | - |
| Fixed assets21/28 | €1.0m | €1.0m | €0.8m | €0.9m | €1.2m | €1.1m | €1.1m | €1.0m | ▼ 6.0% |
| Intangible fixed assets21 | €0 | - | - | - | - | - | - | €0.2m | - |
| Tangible fixed assets22/27 | €1.0m | €1.0m | €0.8m | €0.9m | €1.1m | €1.0m | €0.9m | €0.7m | ▼ 27.6% |
| Land and buildings22 | - | - | - | €0.02m | €0.02m | €0.02m | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €0.2m | €0.3m | €0.2m | €0.2m | €0.2m | ▼ 14.0% |
| Furniture and vehicles24 | - | - | - | €0.4m | €0.7m | €0.6m | €0.6m | €0.4m | ▼ 34.3% |
| Other tangible fixed assets26 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 17.9% |
| Financial fixed assets28 | - | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Affiliated companies280/1 | - | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Participating interests280 | - | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Other financial fixed assets284/8 | - | - | - | - | - | - | €0.006m | €0.006m | = |
| Amounts receivable and cash guarantees285/8 | - | - | - | - | - | - | €0.006m | €0.006m | = |
| Current assets29/58 | €7.4m | €9.3m | €10.5m | €9.4m | €14.1m | €12.9m | €11.8m | €13.9m | ▲ 17.5% |
| Amounts receivable after more than one year29 | - | - | - | - | €0.01m | - | - | - | - |
| Other amounts receivable291 | - | - | - | - | €0.01m | - | - | - | - |
| Stocks and contracts in progress3 | €3.4m | €4.6m | €7.0m | €5.0m | €7.0m | €6.5m | €5.4m | €6.9m | ▲ 27.8% |
| Stocks30/36 | - | - | - | €4.9m | €6.9m | €6.5m | €4.7m | €5.9m | ▲ 25.8% |
| Goods purchased for resale34 | - | - | - | €4.9m | €6.9m | €6.5m | €4.7m | €5.9m | ▲ 25.8% |
| Contracts in progress37 | - | - | - | €0.07m | €0.08m | €0.02m | €0.7m | €0.9m | ▲ 42.7% |
| Amounts receivable within one year40/41 | €2.6m | €3.3m | €2.7m | €3.9m | €6.5m | €5.6m | €5.9m | €6.0m | ▲ 1.1% |
| Trade receivables40 | - | - | - | €3.3m | €6.3m | €5.5m | €5.8m | €5.9m | ▲ 1.9% |
| Other amounts receivable41 | - | - | - | €0.6m | €0.2m | €0.1m | €0.1m | €0.06m | ▼ 41.9% |
| Cash at bank and in hand54/58 | €1.4m | €0.8m | €0.7m | €0.5m | €0.6m | €0.6m | €0.4m | €0.9m | ▲ 158% |
| Deferred charges and accrued income490/1 | - | - | - | €0.1m | €0.08m | €0.2m | €0.2m | €0.1m | ▼ 24.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €8.4m | €10.3m | €11.3m | €10.4m | €15.4m | €14.0m | €12.9m | €14.9m | ▲ 15.6% |
| Equity10/15 | €4.0m | €4.7m | €5.2m | €5.5m | €4.5m | €4.7m | €5.7m | €5.8m | ▲ 0.6% |
| Contributions10/11 | €1.3m | €1.3m | - | €1.3m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €2.7m | €3.4m | €3.9m | €4.2m | €4.2m | €4.2m | €4.3m | €4.3m | = |
| Non-distributable reserves130/1 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves not available under the articles1311 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Tax-exempt reserves132 | - | - | - | €0.5m | €0.5m | €0.5m | €0.6m | €0.2m | ▼ 72.2% |
| Distributable reserves133 | - | - | - | €3.6m | €3.6m | €3.6m | €3.6m | €4.0m | ▲ 12.0% |
| Profit (loss) carried forward14 | - | - | - | - | €0.2m | €0.6m | €1.4m | €1.5m | ▲ 2.5% |
| Provisions and deferred taxes16 | - | - | - | - | - | - | €0.04m | €0.04m | = |
| Deferred taxes168 | - | - | - | - | - | - | €0.04m | €0.04m | = |
| Amounts payable17/49 | €4.3m | €5.5m | €6.1m | €4.8m | €10.9m | €9.2m | €7.1m | €9.0m | ▲ 27.8% |
| Amounts payable after more than one year17 | €0.2m | €0.2m | €0.09m | €0.5m | €0.6m | €0.8m | €0.6m | €0.5m | ▼ 21.1% |
| Financial debts170/4 | - | - | - | €0.5m | €0.6m | €0.8m | €0.6m | €0.5m | ▼ 21.1% |
| Credit institutions173 | - | - | - | €0.5m | €0.6m | €0.8m | €0.6m | €0.5m | ▼ 21.1% |
| Amounts payable within one year42/48 | €4.1m | €5.3m | €6.1m | €4.4m | €10.3m | €8.5m | €6.4m | €8.5m | ▲ 33.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.2m | €0.2m | €0.6m | €0.5m | €0.4m | ▼ 18.9% |
| Financial debts43 | - | - | - | €0.4m | €2.9m | €2.5m | €1.4m | €2.2m | ▲ 59.6% |
| Credit institutions430/8 | - | - | - | €0.4m | €2.9m | €2.5m | €1.3m | €2.2m | ▲ 72.5% |
| Other loans439 | - | - | - | - | - | - | €0.1m | €0 | ▼ 100% |
| Trade debts44 | €1.2m | €1.8m | €1.2m | €1.6m | €3.7m | €3.2m | €2.4m | €2.3m | ▼ 2.9% |
| Suppliers440/4 | - | - | - | €1.6m | €3.7m | €3.2m | €2.4m | €2.3m | ▼ 2.9% |
| Advances received on contracts in progress46 | - | - | - | €1.3m | €2.3m | €1.1m | €0.9m | €2.7m | ▲ 213% |
| Taxes, remuneration and social security45 | - | - | - | €0.9m | €1.0m | €1.0m | €1.3m | €0.9m | ▼ 29.9% |
| Taxes450/3 | - | - | - | €0.5m | €0.6m | €0.5m | €0.8m | €0.5m | ▼ 45.0% |
| Remuneration and social security454/9 | - | - | - | €0.3m | €0.4m | €0.5m | €0.4m | €0.4m | ▲ 1.0% |
| Other amounts payable47/48 | - | - | - | - | €0.04m | €0.04m | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €0.08m | €0.05m | ▼ 36.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.7m | €0.7m | €0.4m | €0.3m | €0.2m | €0.3m | €1.0m | €0.04m | ▼ 96.4% |
| + Depreciation and write-downs630 | €0.2m | €0.3m | €0.2m | €0.2m | €0.3m | €0.3m | €0.3m | €0.3m | ▲ 5.2% |
| Operating cash flow (approximation) | €0.9m | €1.0m | €0.7m | €0.5m | €0.5m | €0.6m | €1.3m | €0.3m | ▼ 73.3% |
| Investment in fixed assets (approximation) | - | -€0.3m | -€0.06m | -€0.3m | -€0.6m | -€0.2m | -€0.2m | -€0.2m | ▼ 5.2% |
| Change in cash | - | -€0.5m | -€0.08m | -€0.3m | €0.1m | -€0.04m | -€0.2m | €0.6m | - |
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, 14,766 companies had the same profile as AMPTEC has now. Two years later, 96.2% were still going and 0.2% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
96.2%
was still going
3.5%
stopped otherwise
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of AMPTEC itself: 0.3% 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 14,766 companies, not a prediction for AMPTEC. 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 35 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 29-06-2026 | 2026-00229472 | |
| 31-12-2024 | full format | 30-06-2025 | 2025-00196205 | |
| 31-12-2023 | full format | 31-07-2024 | 2024-00334640 | |
| 31-12-2022 | full format | 28-07-2023 | 2023-00304260 | |
| 31-12-2021 | full format | 31-08-2022 | 2022-20386761 | |
| 31-12-2020 | full format | 03-09-2021 | 2021-65500593 | |
| 31-12-2019 | full format | 17-08-2020 | 2020-42100455 | |
| 31-12-2018 | full format | 12-09-2019 | 2019-64200459 | |
| 31-12-2017 | full format | 09-07-2018 | 2018-30800431 | |
| 31-12-2016 | full format | 14-08-2017 | 2017-43600449 |