Result
The result rose in 2026 from €43,145 to €268,440.
The result rose in 2026 from €43,145 to €268,440.
The micro format states no turnover.
Of this, €405,426 falls due within a year.
Short-term debts fell from €409,643 to €405,426.
Seven of the last ten came late. The 2025 accounts came latest: 194 days after the end of the period.
Higher net result than 95% of companies in accommodation. Sector median -€671 · 50 companies.
The dashed line is the sector median: 0.6% across 2,522 companies (NACE 55, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 55, micro). It does better than 31% of them on solvency, 82% on liquidity, 97% on profitability and 93% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
In July 2024, 496 companies had the same profile as AMS has now. Each dot is one company, two years later.
That fits the bankruptcy probability of AMS itself: 0.2% within 12 months.
The method was tested on the 497,447 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 496 companies, not a prediction for AMS. 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.
Liquidity is insufficient, with a current ratio of 0.81 (0.35 in 2025), below 1. Short-term debt is 50% and cash 34.5% of total assets. 98.1% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 54 days after the deadline. In the sector (NACE 55), the median for financial year 2024 was 1 day before the deadline, and 45% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| AMS Brussels | €0.8m | €368,303 | 1.9% | - |
| UYAR.S Saint-Josse-ten-Noode | €0.7m | €533,652 | 74.9% | - |
| HUYSHOEVE Knokke-Heist | €0.9m | €240,263 | 3.9% | 0.3 |
| LA FERME DU BOIS - LE - COMTE Ranst | €1.1m | €313,464 | 42.2% | - |
| B&E GREENSTAY BVLO Bruges | €1.4m | €321,030 | 57.7% | - |
| LAPSCHUERE Kruisem | €1.3m | €230,988 | 3.3% | 1.3 |
| DORIMO Mettet | €0.9m | €184,730 | 65.5% | - |
These companies have the same main activity as AMS: other holiday and short-stay accommodation (NACE 55209). They are comparable in size and age: total assets between €696,000 and €1.4m, founded between 1993 and 2009.
AMS files the micro format. That format states no turnover. The gross margin rose from -€14,783 in 2009 to €368,303 in 2026.
The balance sheet grew most from 2019 to 2021 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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