Amuzzi
ActiveSummary
Amuzzi has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€713,602) and a net result of -€73,521. Equity is shrinking by ~36.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 10429 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02 against 0.05 in 2024; short-term debt: 339.8% and cash: 0.1% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-497.5%
Return on assets
-51.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€713,602
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
29 d late
2023
69 d early
2022
31 d late
2021
26 d late
2020
31 d late
2019
14 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 5 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
-€713,602▼ 11.5%
2024 · -€640,081
Total assets
€143,442▼ 22.0%
2024 · €183,899
Net result
-€73,521▲ 4.1%
2024 · -€76,632
Working capital
-€475,232▼ 10.7%
2024 · -€429,345
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€175,841▼ 179%-€174,678▲ 0.7%-€146,033▲ 16.4%-€76,043▲ 47.9%-€69,367▲ 8.8%
Net result-€176,331▼ 178%-€175,470▲ 0.5%-€147,193▲ 16.1%-€76,632▲ 47.9%-€73,521▲ 4.1%
Equity-€240,787▼ 274%-€416,256▼ 72.9%-€563,449▼ 35.4%-€640,081▼ 13.6%-€713,602▼ 11.5%
Total assets€332,587▼ 25.3%€183,612▼ 44.8%€12,175▼ 93.4%€183,899▲ 1,410%€143,442▼ 22.0%
Debt€573,374▲ 12.5%€599,868▲ 4.6%€575,624▼ 4.0%€823,980▲ 43.1%€857,044▲ 4.0%
Working capital€127,909▼ 33.9%-€56,395-€198,896▼ 253%-€429,345▼ 116%-€475,232▼ 10.7%
Staff (FTE)1▲ 100%1=
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €69,367 in 2025 against €76,043 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €143,442
Fixed assets
€131,278 ▼ 17.4%
Current assets
€12,164 ▼ 51.3%
Key figures and ratios
EBITDA
-€42,500▲
2024 · -€45,321
Cash flow
-€46,655▼
2024 · -€45,909
Solvency
-497.5%▼
2024 · -348.1%
Current ratio
0.02▼
2024 · 0.05
Quick ratio
0.01▼
2024 · 0.03
Debt to equity
-1.20▲
2024 · -1.29
ROA
-51.3%▼
2024 · -41.7%
Interest coverage
-10.74▲
2024 · -100.45
Debt ≤ 1 year
€487,395▲
2024 · €454,332
Debt > 1 year
€369,649=
2024 · €369,649
Income taxes
€196▲
2024 · €189
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €10,496 | €9,446 | -€1,136 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €3,001 | €4,060 | €30,723 | €26,866 | ▼ 12.6% |
| Other operating charges640/8 | €1,961 | €1,212 | €286 | €1,220 | €985 | ▼ 19.3% |
| Gross operating margin9900 | -€163,384 | -€161,018 | -€142,823 | -€44,101 | -€41,515 | ▲ 5.9% |
| Operating profit (loss)9901 | -€175,841 | -€174,678 | -€146,033 | -€76,043 | -€69,367 | ▲ 8.8% |
| Financial income75/76B | €7 | €0 | - | €51 | €1 | ▼ 99.0% |
| Recurring financial income75 | €7 | €0 | - | €51 | €1 | ▼ 99.0% |
| Financial charges65/66B | €498 | €792 | €1,159 | €451 | €3,959 | ▲ 777% |
| Recurring financial charges65 | €498 | €792 | €1,159 | €451 | €3,959 | ▲ 777% |
| Profit (loss) for the period before taxes9903 | -€176,331 | -€175,470 | -€147,193 | -€76,443 | -€73,325 | ▲ 4.1% |
| Income taxes67/77 | - | - | - | €189 | €196 | ▲ 4.1% |
| Profit (loss) for the period9904 | -€176,331 | -€175,470 | -€147,193 | -€76,632 | -€73,521 | ▲ 4.1% |
| Profit (loss) for the period to be appropriated9905 | -€176,331 | -€175,470 | -€147,193 | -€76,632 | -€73,521 | ▲ 4.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €332,587 | €183,612 | €12,175 | €183,899 | €143,442 | ▼ 22.0% |
| Fixed assets21/28 | - | €9,178 | €5,119 | €158,913 | €131,278 | ▼ 17.4% |
| Intangible fixed assets21 | - | - | - | €101,529 | €90,248 | ▼ 11.1% |
| Tangible fixed assets22/27 | - | €9,178 | €5,119 | €57,384 | €41,030 | ▼ 28.5% |
| Plant, machinery and equipment23 | - | €1,110 | €700 | €975 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €8,068 | €4,418 | €56,409 | €41,030 | ▼ 27.3% |
| Current assets29/58 | €332,587 | €174,433 | €7,056 | €24,986 | €12,164 | ▼ 51.3% |
| Stocks and contracts in progress3 | €295,000 | €147,500 | - | €10,976 | €7,810 | ▼ 28.8% |
| Stocks30/36 | €295,000 | €147,500 | - | €10,976 | €7,810 | ▼ 28.8% |
| Amounts receivable within one year40/41 | €32,136 | €16,865 | €2,701 | €2,886 | €4,228 | ▲ 46.5% |
| Trade receivables40 | €32,096 | €16,707 | - | €2,886 | €1,082 | ▼ 62.5% |
| Other amounts receivable41 | €40 | €158 | €2,701 | €0 | €3,146 | - |
| Current investments50/53 | €3,266 | €3,266 | €3,266 | €3,266 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €2,067 | €6,802 | €1,089 | €970 | €126 | ▼ 87.0% |
| Deferred charges and accrued income490/1 | €118 | - | - | €6,888 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €332,587 | €183,612 | €12,175 | €183,899 | €143,442 | ▼ 22.0% |
| Equity10/15 | -€240,787 | -€416,256 | -€563,449 | -€640,081 | -€713,602 | ▼ 11.5% |
| Contributions10/11 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Capital10 | €61,973 | €61,973 | €61,973 | €0 | - | - |
| Issued capital100 | €61,973 | €61,973 | €61,973 | €0 | - | - |
| Outside capital11 | - | - | - | €61,973 | €61,973 | = |
| Other1109/19 | - | - | - | €61,973 | €61,973 | = |
| Reserves13 | €6,197 | €6,197 | €6,197 | €0 | - | - |
| Non-distributable reserves130/1 | €6,197 | €6,197 | €6,197 | €0 | - | - |
| Legal reserve130 | €6,197 | €6,197 | €6,197 | €0 | - | - |
| Profit (loss) carried forward14 | -€308,957 | -€484,427 | -€631,620 | -€702,054 | -€775,576 | ▼ 10.5% |
| Amounts payable17/49 | €573,374 | €599,868 | €575,624 | €823,980 | €857,044 | ▲ 4.0% |
| Amounts payable after more than one year17 | €368,696 | €368,696 | €369,671 | €369,649 | €369,649 | = |
| Other amounts payable178/9 | €368,696 | €368,696 | €369,671 | €369,649 | €369,649 | = |
| Amounts payable within one year42/48 | €204,678 | €230,828 | €205,953 | €454,332 | €487,395 | ▲ 7.3% |
| Financial debts43 | - | - | - | €627 | €1,253 | ▲ 100% |
| Credit institutions430/8 | - | - | - | €627 | €1,253 | ▲ 100% |
| Trade debts44 | €8,895 | €15,106 | €1,943 | €18,653 | €22,744 | ▲ 21.9% |
| Suppliers440/4 | €8,895 | €15,106 | €1,943 | €18,653 | €22,744 | ▲ 21.9% |
| Taxes, remuneration and social security45 | €5,196 | €1,136 | €460 | €1,684 | €376 | ▼ 77.7% |
| Taxes450/3 | €2,596 | - | €460 | €1,684 | €376 | ▼ 77.7% |
| Remuneration and social security454/9 | €2,600 | €1,136 | - | - | - | - |
| Other amounts payable47/48 | €190,586 | €214,586 | €203,550 | €433,368 | €463,022 | ▲ 6.8% |
| Accrued charges and deferred income492/3 | - | €344 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€176,331 | -€175,470 | -€147,193 | -€76,632 | -€73,521 | ▲ 4.1% |
| + Depreciation and write-downs630 | - | €3,001 | €4,060 | €30,723 | €26,866 | ▼ 12.6% |
| Operating cash flow (approximation) | -€176,331 | -€172,468 | -€143,133 | -€45,909 | -€46,655 | ▼ 1.6% |
| Investment in fixed assets (approximation) | - | - | €0 | -€184,517 | €768 | ▲ 100% |
| Change in cash | - | €4,735 | -€5,713 | -€118 | -€845 | ▼ 613% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
23-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Weakest financial yearnet -€176,331
Net result drops to -€176,331, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 25 acts read
About the unread acts
We know of 25 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
25 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Knokke-Heist · 1 establishment unit since 2007
Ground area
545 m²
Building footprint
419 m²
Volume, LiDAR
5,763 m³
2 parcels, Flanders · tallest building 21.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
VIDEO - PALACE
since 20072.164.926.667
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36008A0849/00M000 | Flanders | 373 m² | 1 · 246 m² | 17.9 m · 4 fl. |
| 31336H0063/00A000 | Flanders | 173 m² | 1 · 173 m² | 21.2 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,956 companies in sector 47120 we hold annual accounts for 2,191. 1,513 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded30-06-1998
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
77229Renting and leasing of other personal and household goods
Scores and ratios are computed by Checked and are not a credit decision.