AMVE CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of AMVE CONSTRUCT is 2.1% (moderate). The 2025 annual accounts show negative equity (-€161,289) and a net result of €61,757. Equity is shrinking by about 20% per year across the filed financial years. Its solvency ranks better than 5% of 186 sector peers (NACE 22, financial year 2025). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Staff
- 2.7 FTE
- Equity
- -€161,289
- Profit
- €61,757
- Holdings
- 1
- VEYS Mathieu Gilles AlexanderDirector
Why 54raises riskNegative equity -€161,289Liquidity: current ratio 0.27, cash €43, halvedlowers riskFounded in 2013Size: 2.7 FTE, total assets €71,068Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 22, micro): better than 5% on solvency, 2% on liquidity, 96% on profitability and 79% on growth.
The bankruptcy probability was computed on 28-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 15 days after the deadline; the sector median (NACE 22) for financial year 2024 is 14 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Back to profitnet €61,757
- Annual accounts filedfinancial year 2024 · abbreviated…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €66,227 after a loss of €3,982 in 2024, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 22, Manufacture of rubber and plastic products: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 3,632 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 91.9% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,632 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €11,000 | €0 | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €157,535 | €133,248 | €132,837 | €119,690 | €108,661 | ▼ 9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,381 | €8,274 | €7,247 | €8,252 | €8,517 | €5,831 | €4,874 | €4,098 | ▼ 15.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | €728 | -€728 | - |
| Other operating charges640/8 | - | - | - | €4,801 | €4,718 | €4,648 | €8,404 | €8,987 | ▲ 6.9% |
| Gross operating margin9900 | €121,003 | €40,392 | €109,196 | €118,488 | €84,553 | €150,832 | €129,714 | €187,245 | ▲ 44.4% |
| Operating profit (loss)9901 | €5,973 | -€80,756 | -€35,043 | -€52,099 | -€61,929 | €7,516 | -€3,982 | €66,227 | - |
| Financial income75/76B | - | - | - | €160 | €828 | €829 | €506 | €1,491 | ▲ 195% |
| Recurring financial income75 | €104 | €619 | €1,404 | €160 | €828 | €829 | €506 | €1,491 | ▲ 195% |
| Financial charges65/66B | - | - | - | €3,405 | €5,048 | €3,852 | €4,636 | €5,961 | ▲ 28.6% |
| Recurring financial charges65 | €3,220 | €4,289 | €3,534 | €3,405 | €5,048 | €3,852 | €4,636 | €5,961 | ▲ 28.6% |
| Profit (loss) for the period before taxes9903 | €2,858 | -€84,425 | -€37,174 | -€55,344 | -€66,149 | €4,494 | -€8,112 | €61,757 | - |
| Income taxes67/77 | €2,000 | €71 | €0 | - | - | - | - | - | - |
| Profit (loss) for the period9904 | €858 | -€84,497 | -€37,174 | -€55,344 | -€66,149 | €4,494 | -€8,112 | €61,757 | - |
| Profit (loss) for the period to be appropriated9905 | €858 | -€84,497 | -€37,174 | -€55,344 | -€66,149 | €4,494 | -€8,112 | €61,757 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €230,224 | €175,236 | €163,677 | €135,320 | €111,866 | €111,174 | €82,855 | €71,068 | ▼ 14.2% |
| Fixed assets21/28 | €21,708 | €22,531 | €27,351 | €31,739 | €23,222 | €17,390 | €13,311 | €9,213 | ▼ 30.8% |
| Intangible fixed assets21 | - | - | - | €625 | €493 | €361 | €230 | €98 | ▼ 57.4% |
| Tangible fixed assets22/27 | €13,123 | €13,946 | €18,766 | €22,529 | €14,144 | €8,444 | €4,497 | €531 | ▼ 88.2% |
| Plant, machinery and equipment23 | - | - | - | €3,731 | €1,214 | €97 | €725 | €460 | ▼ 36.5% |
| Furniture and vehicles24 | - | - | - | €17,795 | €12,930 | €8,347 | €3,771 | €70 | ▼ 98.1% |
| Other tangible fixed assets26 | - | - | - | €1,003 | €0 | €0 | - | - | - |
| Financial fixed assets28 | €8,585 | €8,585 | €8,585 | €8,585 | €8,585 | €8,585 | €8,585 | €8,585 | = |
| Current assets29/58 | €208,517 | €152,705 | €136,326 | €103,582 | €88,645 | €93,784 | €69,544 | €61,854 | ▼ 11.1% |
| Stocks and contracts in progress3 | €17,116 | €43,295 | €39,492 | €74,179 | €47,141 | €35,410 | €44,419 | €44,129 | ▼ 0.7% |
| Stocks30/36 | - | - | - | €46,412 | €42,136 | €35,410 | €37,272 | €37,055 | ▼ 0.6% |
| Contracts in progress37 | - | - | - | €27,768 | €5,005 | €0 | €7,148 | €7,074 | ▼ 1.0% |
| Amounts receivable within one year40/41 | €178,436 | €77,904 | €60,047 | €24,570 | €33,180 | €54,054 | €17,673 | €14,089 | ▼ 20.3% |
| Trade receivables40 | - | - | - | €24,568 | €33,167 | €54,024 | €17,398 | €11,480 | ▼ 34.0% |
| Other amounts receivable41 | - | - | - | €2 | €13 | €30 | €275 | €2,609 | ▲ 848% |
| Cash at bank and in hand54/58 | €2,729 | €7,288 | €664 | €1,963 | €5,128 | €1,348 | €4,464 | €43 | ▼ 99.0% |
| Deferred charges and accrued income490/1 | - | - | - | €2,869 | €3,196 | €2,972 | €2,988 | €3,593 | ▲ 20.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €230,224 | €175,236 | €163,677 | €135,320 | €111,866 | €111,174 | €82,855 | €71,068 | ▼ 14.2% |
| Equity10/15 | €17,537 | -€66,960 | -€97,934 | -€153,278 | -€219,427 | -€214,934 | -€223,046 | -€161,289 | ▲ 27.7% |
| Contributions10/11 | €12,400 | €12,400 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €5,060 | €5,060 | €5,060 | €5,060 | €5,060 | €5,060 | €5,060 | €5,060 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €3,200 | €3,200 | €5,060 | €5,060 | €5,060 | = |
| Profit (loss) carried forward14 | €77 | -€84,420 | -€121,594 | -€176,938 | -€243,087 | -€238,594 | -€246,706 | -€184,949 | ▲ 25.0% |
| Amounts payable17/49 | €212,688 | €242,196 | €261,610 | €288,598 | €331,294 | €326,108 | €305,902 | €232,356 | ▼ 24.0% |
| Amounts payable after more than one year17 | €17,044 | €10,916 | €10,916 | €10,916 | €10,916 | €0 | - | - | - |
| Financial debts170/4 | - | - | - | €10,916 | €10,916 | €0 | - | - | - |
| Amounts payable within one year42/48 | €195,644 | €231,280 | €250,694 | €277,682 | €320,378 | €326,108 | €305,902 | €232,148 | ▼ 24.1% |
| Financial debts43 | - | - | - | €2,819 | €3,013 | €2,908 | €3,398 | €4,979 | ▲ 46.5% |
| Credit institutions430/8 | - | - | - | €2,819 | €3,013 | €2,908 | €3,398 | €4,979 | ▲ 46.5% |
| Trade debts44 | €160,591 | €84,549 | €98,929 | €23,301 | €56,192 | €54,199 | €15,331 | €25,757 | ▲ 68.0% |
| Suppliers440/4 | - | - | - | €23,301 | €55,041 | €48,451 | €15,331 | €25,757 | ▲ 68.0% |
| Bills of exchange payable441 | - | - | - | €0 | €1,151 | €5,748 | €0 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €78,376 | €49,041 | €78,216 | €78,847 | €45,541 | ▼ 42.2% |
| Taxes450/3 | - | - | - | €6,147 | €10,433 | €37,283 | €40,560 | €14,258 | ▼ 64.8% |
| Remuneration and social security454/9 | - | - | - | €72,229 | €38,608 | €40,933 | €38,288 | €31,283 | ▼ 18.3% |
| Other amounts payable47/48 | - | - | - | €173,187 | €212,132 | €190,786 | €208,325 | €155,871 | ▼ 25.2% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | - | €209 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €858 | -€84,497 | -€37,174 | -€55,344 | -€66,149 | €4,494 | -€8,112 | €61,757 | - |
| + Depreciation and write-downs630 | €6,381 | €8,274 | €7,247 | €8,252 | €8,517 | €5,831 | €4,874 | €4,098 | ▼ 15.9% |
| Operating cash flow (approximation) | €7,239 | -€76,222 | -€29,927 | -€47,092 | -€57,632 | €10,325 | -€3,238 | €65,855 | - |
| Investment in fixed assets (approximation) | - | -€9,097 | -€12,067 | -€12,640 | €0 | €0 | -€795 | €0 | - |
| Change in cash | - | €4,558 | -€6,623 | €1,299 | €3,165 | -€3,780 | €3,116 | -€4,421 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 12 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 17-07-2026 | 2026-00305417 |
| 31-12-2024 | abbreviated format | 22-07-2025 | 2025-00291830 |
| 31-12-2023 | abbreviated format | 24-07-2024 | 2024-00275855 |
| 31-12-2022 | abbreviated format | 26-07-2023 | 2023-00273017 |
| 31-12-2021 | abbreviated format | 30-08-2022 | 2022-20362646 |
| 31-12-2020 | abbreviated format | 31-08-2021 | 2021-65600058 |
| 31-12-2019 | abbreviated format | 20-10-2020 | 2020-62000448 |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-57300247 |
| 31-12-2017 | abbreviated format | 31-08-2018 | 2018-57300268 |
| 31-12-2016 | micro format | 30-08-2017 | 2017-54100332 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| VEYS Mathieu Gilles Alexander |
|
Owners and capital
Capital and shareholders
- 29-12-2023 Converted to unavailable equity
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
45%
According to the 2025 annual accounts of AMVE CONSTRUCT and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
29-12
Gazette deed
Resignation: VEYS Mathieu Gilles Alexander (manager)Appointment: VEYS Mathieu Gilles Alexander (statutory director) · Amendment of the articles · Legal form clause13 facts ▸
- General meeting, 27-11-2023
- Amendment of the articles (3 times)
- Legal form clause, “behoud rechtsvorm, besloten vennootschap” (deed in Dutch)
- Registered office clause, “verwijzing naar adres geschrapt uit statuten,precies adres buiten statuten”, 2 (deed in Dutch)
- Approval, “goedkeuring verslag van de bestuurder houdende omstandige verantwoording van voorgestelde uitbreiding van het voorwerp” (deed in Dutch)
- Purpose change
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital conversion, “opheffing statutair onbeschikbare eigen vermogensrekening en middelen beschikbaar maken voor uitkering, vormen en meerderheden van statutenwijziging” (deed in Dutch)
- Director resignation, VEYS Mathieu Gilles Alexander (manager)
- Director appointment, VEYS Mathieu Gilles Alexander (statutory director) (2 times)
- Director discharge, VEYS Mathieu Gilles Alexander
- Power of attorney
- +1 further fact in this act
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Recognised contractor
10 categories- D13 Paintingclass 1, up to €162,000
- F3 Industrial paintingclass 1, up to €162,000
- D4 Sound and heat insulation, light partitions, false ceilings and floorsclass 1, up to €162,000
- D5 General joinery, timber roof trusses and stairsclass 1, up to €162,000
- D7 Wrought ironworkclass 1, up to €162,000
- D20 Metal joineryclass 1, up to €162,000
- D21 Cleaning and restoring facadesclass 1, up to €162,000
- F General steel construction contractsclass 1, up to €162,000
- F1 Assembly and dismantling (without supplies)class 1, up to €162,000
- F2 Steel load-bearing structuresclass 1, up to €162,000
Dual-learning approval
6 endedEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34322B0546/00M002 | Flanders | 1,042 m² | 1 · 315 m² | 6.2 m · 1 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- AMVE CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, algemene vergadering die bestuurder(s) benoemt bepaalt aantal,duur opdracht en indien meerdere bestuurders hun bevoegdheid” (deed in Dutch)“Bestuursbevoegdheid, geheel van bevoegdheden toegekend,met mogelijkheid deel te delegeren” (deed in Dutch)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Saturday of June at 11:00