BAMACO
ActiveSummary
BAMACO has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €219,947 and a net result of €26,817. Equity has been growing by about 11% per year since 2019. Its solvency ranks better than 24% of 9,399 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 02-11-1995 Normal situation
- Activity
- General construction of other non-residential buildings NACE 41003and 1 other
- Establishment unit
- 2.073.971.351 7100 La Louvière, since 22-11-1995
- Financial year end
- 31 October
- Peppol
- Reachable since 21-10-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €37,961
- ▲ 60.5%
- Turnover
- ≈ €260,000
- estimated
- Profit
- €26,817
- ▲ 91.4%
- Equity
- €219,947
- ▲ 13.9%
- Total assets
- €1.3m
- ▲ 40.1%
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)lowers riskSize: total assets €1.3mFigures for financial year 2025 (filed on 01-05-2026)Founded in 1995Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
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 41, micro). It does better than 24% of them on solvency, 7% on liquidity, 25% on profitability and 58% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 47 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 29-04-2026 PDF all 28 filings
Every figure per financial year
The operating result for 2025 is 59% higher than in 2024 and the highest since 2021. It is a recovery after the fall in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | €376 | €154 | €846 | €119 | €510 | ▲ 327% |
| Gross operating margin9900 | €2,424 | €914 | €15,679 | €14,914 | €29,643 | €23,658 | €37,961 | ▲ 60.5% |
| Operating profit (loss)9901 | €1,638 | €160 | €15,302 | €14,759 | €28,797 | €23,539 | €37,451 | ▲ 59.1% |
| Financial income75/76B | - | - | €2,388 | €4,375 | €3,897 | €344 | - | - |
| Recurring financial income75 | - | - | €2,388 | €4,375 | €3,897 | €344 | - | - |
| Financial charges65/66B | - | - | €224 | €134 | €396 | €4,773 | €589 | ▼ 87.7% |
| Recurring financial charges65 | €396 | €262 | €224 | €134 | €396 | €4,773 | €589 | ▼ 87.7% |
| Profit (loss) for the period before taxes9903 | €1,241 | -€102 | €17,467 | €19,001 | €32,298 | €19,111 | €36,862 | ▲ 92.9% |
| Income taxes67/77 | - | - | - | €3,963 | €8,639 | €5,100 | €10,045 | ▲ 97.0% |
| Profit (loss) for the period9904 | €1,241 | -€102 | €17,467 | €15,038 | €23,658 | €14,010 | €26,817 | ▲ 91.4% |
| Profit (loss) for the period to be appropriated9905 | €1,241 | -€102 | €17,467 | €15,038 | €23,658 | €14,010 | €26,817 | ▲ 91.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.1m | €0.1m | €0.2m | €0.3m | €0.4m | €0.9m | €1.3m | ▲ 40.1% |
| Fixed assets21/28 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Tangible fixed assets22/27 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Land and buildings22 | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Current assets29/58 | €0.01m | €0.01m | €0.04m | €0.2m | €0.3m | €0.8m | €1.2m | ▲ 45.5% |
| Stocks and contracts in progress3 | - | - | - | €0.2m | €0.2m | €0.8m | €1.1m | ▲ 46.5% |
| Stocks30/36 | - | - | - | €0.2m | €0.2m | €0.8m | €1.1m | ▲ 46.5% |
| Amounts receivable within one year40/41 | €55 | €0.004m | €0.003m | €0.005m | €0.03m | €0.02m | €0.05m | ▲ 118% |
| Trade receivables40 | - | - | €0.003m | €5 | €0.02m | €0.01m | €0.04m | ▲ 255% |
| Other amounts receivable41 | - | - | €0.001m | €0.005m | €0.01m | €0.008m | €0.001m | ▼ 93.0% |
| Cash at bank and in hand54/58 | €0.01m | €0.01m | €0.04m | €0.01m | €0.01m | €0.03m | €0.02m | ▼ 38.1% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.1m | €0.1m | €0.2m | €0.3m | €0.4m | €0.9m | €1.3m | ▲ 40.1% |
| Equity10/15 | €0.1m | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 13.9% |
| Contributions10/11 | €0.08m | - | €0.08m | €0.08m | €0.09m | €0.09m | €0.09m | = |
| Reserves13 | €0.005m | €0.005m | €0.005m | €0.005m | - | - | - | - |
| Non-distributable reserves130/1 | - | - | €0.005m | €0.005m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €0.005m | €0.005m | - | - | - | - |
| Profit (loss) carried forward14 | €0.04m | €0.04m | €0.05m | €0.07m | €0.09m | €0.1m | €0.1m | ▲ 25.1% |
| Amounts payable17/49 | €0.001m | €0.002m | €0.01m | €0.2m | €0.2m | €0.7m | €1.1m | ▲ 47.0% |
| Amounts payable within one year42/48 | €0.001m | €0.002m | €0.01m | €0.2m | €0.2m | €0.7m | €1.1m | ▲ 47.0% |
| Trade debts44 | €82 | €0.001m | €0.01m | €0.005m | €0.005m | €0.6m | €0.9m | ▲ 62.2% |
| Suppliers440/4 | - | - | €0.01m | €0.005m | €0.005m | €0.6m | €0.9m | ▲ 62.2% |
| Taxes, remuneration and social security45 | - | - | - | €0.004m | €0.02m | €0.01m | €0.01m | ▼ 11.5% |
| Taxes450/3 | - | - | - | €0.004m | €0.02m | €0.01m | €0.01m | ▼ 11.5% |
| Other amounts payable47/48 | - | - | €0.001m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,241 | -€102 | €17,467 | €15,038 | €23,658 | €14,010 | €26,817 | ▲ 91.4% |
| Operating cash flow (approximation) | €1,241 | -€102 | €17,467 | €15,038 | €23,658 | €14,010 | €26,817 | ▲ 91.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€2,758 | €26,371 | -€23,179 | -€2,267 | €15,143 | -€10,287 | - |
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, 4,685 companies had the same profile as BAMACO has now. Two years later, 96.9% were still going and 1.1% had gone bankrupt.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
That fits the bankruptcy probability of BAMACO 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 4,685 companies, not a prediction for BAMACO. 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 28 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-10-2025 | micro format | 29-04-2026 | 2026-00098466 | |
| 31-10-2024 | micro format | 27-05-2025 | 2025-00110723 | |
| 31-10-2023 | micro format | 06-05-2024 | 2024-00084501 | |
| 31-10-2022 | micro format | 27-04-2023 | 2023-00076719 | |
| 31-10-2021 | micro format | 08-08-2022 | 2022-20276085 | |
| 31-10-2020 | micro format | 26-05-2021 | 2021-15400221 | |
| 31-10-2019 | micro format | 26-05-2021 | 2021-15400248 | |
| 31-10-2018 | micro format | 30-04-2019 | 2019-11700476 | |
| 31-10-2017 | micro format | 02-05-2018 | 2018-12000015 | |
| 31-10-2016 | full format | 02-05-2017 | 2017-10900323 |
Board & ownership
Directors
Owners and capital
Shareholders
- CANZITTU Marie-Ange 37 shares
- CANZITTU Stéphane 37 shares
Capital transactions
- 24-11-2023 Converted to unavailable equity · €86,280
- 24-11-2023 Converted to uncalled contributions · €12,395
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| CANZITTU Marie-Ange |
|
| CANZITTU Stéphane |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Inopposable société,actionnaires et tiers indépendamment bonne ou mauvaise foi,cause incontestable exclusion cédant, interdit sans accord…”
Articles of association, deed of 24-11-2023 (in French)
Network & group
Connections & network
1 connected companyThe connected companies are in the list below.
Timeline
Acts, filings and financial milestones
24-11
Gazette deed
Appointments: CANZITTU Marie-Ange (director) and CANZITTU Stéphane (director)Registered office clause · Power of attorney · Shareholding23 points ▸
- General meeting, “adoptée à l’unanimité, quatrième:adoption statuts nouveaux votée article par article” (deed in French)
- General meeting, “notaire soussigné, adoptée à l’unanimité” (deed in French)
- Registered office clause, “adoptée à l’unanimité, Chapelle-lez-Herlaimont(7160 Godarville),Avenue de Stalingrad,6” (deed in French)
- General meeting, “adoptée à l’unanimité, septième:mettre fin à fonction des gérants actuels” (deed in French)
- Director appointment, CANZITTU Marie-Ange (director (not named in the articles))
- Director appointment, CANZITTU Stéphane (director (not named in the articles))
- Other provision, “décharge aux gérants démissionnaires, prochaine assemblée générale annuelle” (deed in French)
- Power of attorney
- General meeting, 22-11-2023
- CANZITTU Marie-Ange holds 37 shares
- CANZITTU Stéphane holds 37 shares
- CANZITTU Marie-Ange holds 1 share
- The act holds 11 more points.
04-05
Gazette deed
Registered office moved from Manag to GodarvilleNew seat: Avenue Stalingrad 6 à 7160 Godarville · Previous seat: Rue Des spirourt, 7170 Managе2 points ▸
- General meeting, 01-04-2022
- Registered-office move, Avenue Stalingrad 6 à 7160 Godarville
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- 7170 Managе until 01-04-2022 · act of 04-05-2022
Activities
NACEBEL 2025Codes under NACEBEL 2008
8 activities
- Tous travaux de terrassement,de pose de câbles et de canalisations diverses,de revêtement de murs et de sols,de gros-œuvre,de rejointoiement,de pierres de taille,de marbrier,de pose et de fourniture de carrelages,d’isolation thermique et acoustique,de charpenterie,de constructions métalliques et d’ouvrages d’art métalliques,de couvertures de construction métallique ou traditionnelle,de menuiseries métalliques,de coffrage et de ferraillage,de vitrage,de sablage et nettoyage de bâtiments,de chauffage central,d’installations sanitaires,de tuyauteries industrielles et de canalisations,de plomberie-zinguerie,d’installations électrotechniques,de plafonnage,de peinture,de tapissier,d’électricité,d’installateur-frigoriste,d’installation d’enseignes lumineuses,d’étanchéité de construction
- La location,l’entretien,la réparation ainsi que la vente de matériels de bâtiment,neufs ou d’occasion,ainsi que la vente de matériaux
- L’entreprise de travaux agricoles,ainsi que toutes opérations en amont et en aval de l'agriculture,et tout ce qui s'y rapporte directement ou indirectement
- Toutes activités liées à l’élevage de chèvres,ovins,caprins,bovins et autres animaux nécessaires à la réalisation du présent objet
- La transformation,la fabrication,la commercialisation et le conditionnement de produits alimentaires principalement laitiers et caprins
- L’exploitation d’une fromagerie,la fabrication,l’achat et la vente de fromages et notamment de fromages de chèvres
- La définition,la conception et l'étude de projets liés à son objet social,la coordination,l’assistance,le contrôle de la réalisation et la gestion de ceuxci
- Toutes les activités touristiques en rapport avec son objet social et notamment la dégustation de produits alimentaires,la petite restauration,l’exposition,la promotion,l’exploitation de campings à la ferme,de gîtes à la ferme ou rural,de chambres d’hôtes;l’organisation d’évènements en lien avec son activité
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0456.448.841
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 52027A0153/00K000 | Wallonia | 1,547 m² | 1 · 12 m² | 2.0 m |
| 55022A0464/00W005 | Wallonia | 1,109 m² | 1 · 146 m² | 10.6 m · 3 |