Active BE 0833.299.482Private limited company (pre-2019)

A@M

· 15 yrs active

Sector: Vervaardiging van metalen constructiewerken en delen daarvan (25110)

Conclusion Checked

The KBO register records legal situation 050 for A@M (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show equity of €24k and a net result of €-5k.

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€24k
Net result	€-5k
Staff (FTE)	1
Better than sector	32%

Financial profile 5 of 5 axes measured · computed by Checked

21 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 0

Solvency 55

Growth 52

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

0 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Trust signals 1 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2020 · computed

0 / 100 Critical

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2020 and the legal situation the KBO register itself records. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 29-10-2021 with the NBB · fiscal year 2020 · micro

Operating resultNet result

Sector comparison

Fiscal year 2020 · NACE 25 · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	19.3%	35.8%	better than 32% of 135 sector peers
Net result	€4k	€9k	better than 39% of 135 sector peers
Equity	€24k	€57k	better than 30% of 135 sector peers
Gross operating margin	€38k	€56k	better than 38% of 135 sector peers
Employees (FTE)	1.0	2.0	better than 15% of 53 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€17k

+19.5% 18-20

Net profit

€-5k

-23626.7% 18-20

Cash flow

€1k

-85.3% 18-20

Total assets

€124k

+8.6% 18-20

Equity

€24k

+17.9% 18-20

Working capital

€-13k

+34.5% 18-20

Employees (FTE)

1

-9.1% 18-20

Income taxes

€50

-29.5% 18-20

Show 9 other metrics

Debt

€100k

+6.5% 18-20

Debt ≤ 1y

€98k

+10.1% 18-20

Debt > 1y

€1k

-74.8% 18-20

Current ratio

0.87

+11.5% 18-20

Quick ratio

0.32

+44.9% 18-20

Solvency

19.3%

+8.6% 18-20

Debt / equity

0.04

-78.6% 18-20

ROE

-21.5%

-20024.2% 18-20

ROA

-4.2%

-21755.1% 18-20

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2020
Deposit	micro
Revenue	-
EBITDA	€17k
Net profit	€-5k
Cash flow	€1k
Staff costs	-
Income taxes	€50
Dividends	-
Total assets	€124k
Equity	€24k
Debt	€100k
of which ≤ 1y	€98k
of which > 1y	€1k
Working capital	€-13k
Employees (FTE)	1.0

Ratios (computed)

	2020
Current ratio	0.87
Quick ratio	0.32
Working capital ratio	-10.4%
Solvency	19.3%
Debt / equity	0.04
Long-term debt ratio	0.04
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-4.2%
ROE	-21.5%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2020

Assets

Fixed assets €39k · 31.4% Current assets €85k · 68.7%

Equity & liabilities

Equity €24k · 19.3% Debt €100k · 80.7%

Full annual accounts (25 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2020
Balance sheet, Assets
TOTAL ASSETS	20/58	€124k
Fixed assets	21/28	€39k
Tangible fixed assets	22/27	€38k
Financial fixed assets	28	€1k
Current assets	29/58	€85k
Stocks & contracts in progress	3	€54k
Amounts receivable within one year	40/41	€27k
Cash & bank	54/58	€15
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€124k
Equity	10/15	€24k
Contributions / capital	10/11	€6k
Reserves	13	€23k
Accumulated profits (losses)	14	€-5k
Amounts payable	17/49	€100k
Amounts payable after one year	17	€1k
Amounts payable within one year	42/48	€98k
Trade debts payable within one year	44	€42k
Income statement
Gross operating margin	9900	€38k
Operating result	9901	€10k
Financial income	75	€4
Financial charges	65	€6k
Result before taxes	9903	€4k
Income taxes	67/77	€50
Net result for the period	9904	€4k
Result to be appropriated	9905	€-5k

This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Vervaardiging van metalen constructiewerken en delen daarvan(25110)
Legal form	Private limited company (pre-2019)(015)
Incorporation	31-01-2011
Status	Active
Postal code	-

Establishment units 1 location

Establishment

Installatie van hulpvoedingssystemen (generatoraggregaten)

since 20112.197.907.459

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
32011C1098/00S000	Flanders	876 m²	1 · 103 m²	8.4 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 10 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2021

29-10-2021