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A.M. Classics

Active
Private limited company (pre-2019)·Detailhandel in motorrijwielen, delen en toebehoren van motorrijwielen· 11 yrs active
Industrielaan 5 ·2950 Kapellen, Belgium
Open bankruptcy
KBO/BCE: BE 0633.911.826
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Age11 yrs

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for A.M. Classics according to publications in the Belgian State Gazette. The 2019 annual accounts show negative equity (€-50k) and a net result of €-100k.

Based on the State Gazette, CBE and 2 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

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.

Insolvency timeline

1 events
07-11-2023
Bankruptcy Opening
Date: 26-10-2023 · Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · A.M. CLASSICS BV INDUSTRIE- LAAN 5/19, 2950 KAPELLEN (ANTW.) · Publications in State Gazette ↗

Signals

Insufficient current data: the most recent filed accounts (financial year 2019) are too old to derive current signals.

Trust signals

2 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.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags

No administrative flags

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-100k-51.3%
Working capital€68k+35.4%
Directors1

Annual accounts & ratios

Source: NBB · 2019
Annual accounts filed on 28-01-2021 with the NBB · fiscal year 2019 · micro
€-150k€-100k€-50k€0Operating result 2018: €18k€18kNet result 2018: €-66k€-66kOperating result 2019: €-34k€-34kNet result 2019: €-100k€-100k20182019
Operating resultNet result
EBITDA
€-30k
- 18-19
Net profit
€-100k
-51.3% 18-19
Cash flow
€-97k
-54.9% 18-19
Total assets
€81k
-4.0% 18-19
Equity
€-50k
-208.7% 18-19
Working capital
€68k
+35.4% 18-19
Debt
€131k
+30.5% 18-19
Debt ≤ 1y
€9k
-67.7% 18-19
Debt > 1y
€78k
+76.0% 18-19
Current ratio
8.99
+209.3% 18-19
Quick ratio
2.94
+209.2% 18-19
Solvency
-62.2%
-221.4% 18-19
Debt / equity
-1.54
+43.0% 18-19
ROE
199.4%
-51.0% 18-19
ROA
-124.0%
-57.5% 18-19
Figures by fiscal year
Fiscal year2019
Revenue-
EBITDA€-30k
Net profit€-100k
Cash flow€-97k
Staff costs-
Income taxes-
Dividends-
Total assets€81k
Equity€-50k
Debt€131k
of which ≤ 1y€9k
of which > 1y€78k
Working capital€68k
Employees (FTE)-
Ratios (computed)
2019
Current ratio8.99
Quick ratio2.94
Working capital ratio84.3%
Solvency-62.2%
Debt / equity-1.54
Long-term debt ratio-1.54
Interest coverage-
Gross margin-
Net margin-
ROA-124.0%
ROE199.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2019
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2019
Balance sheet, Assets
TOTAL ASSETS 20/58€81k
Fixed assets 21/28€4k
Tangible fixed assets 22/27€4k
Current assets 29/58€77k
Stocks & contracts in progress 3€52k
Amounts receivable within one year 40/41€12k
Cash & bank 54/58€13k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€81k
Equity 10/15€-50k
Contributions / capital 10/11€50k
Accumulated profits (losses) 14€-100k
Amounts payable 17/49€131k
Amounts payable after one year 17€78k
Amounts payable within one year 42/48€9k
Trade debts payable within one year 44€7k
Income statement
Gross operating margin 9900€-30k
Operating result 9901€-34k
Financial income 75€44
Financial charges 65€381
Result before taxes 9903€-34k
Net result for the period 9904€-34k
Result to be appropriated 9905€-34k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2019 · 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.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from the NBB filing for FY 2019 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Directors

Directors & mandates

No directors on record

No directors or mandates are on record for this company in the CBE. Not every legal form publishes directors; if they appear in the Belgian State Gazette later, they show up here automatically.

Insolvency mandates

1 mandate
Role Name Tenure Source
Curator STéPHANE VAN MOORLEGHEM
MECHELSE- STEENWEG 271/8.1, 2018 ANTWERPEN 1
26-10-2023 → present Belgian State Gazette

Legal Structure

NACE primary Detailhandel in motorrijwielen, delen en toebehoren van motorrijwielen(47830)
Legal form Private limited company (pre-2019)(015)
Incorporation16-07-2015
StatusActive
Postal code2950
First BS signal 07-11-2023
Latest BS signal 07-11-2023

Structure & network

Company structure: linked entities

1 linked entity
A.M. ClassicsBE 0633.911.826STéPHANE VAN MOORLEGH…Receiver
Mandates

Locations & real estate

Establishment units

1 location
A.M. Classics
Industrielaan 5, 2950 KapellenGroothandel in nieuwe en gebruikte auto's voor personenvervoer, inclusief die voor bijzondere doeleinden (b.v. ambulances)
since 20152.248.290.348
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1.7 ha
Buildings1
Building footprint4,627 m²
Volume (LiDAR)26,631 m³
Tallest building6.6 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.
11023K0007/00H033 Flanders 1.7 ha 1 · 4,627 m² 6.5 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.

Publications

Lifecycle & Insolvency Signals

1 event from the State Gazette
07-11-2023
Bankruptcy Opening
Date: 26-10-2023 · Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · A.M. CLASSICS BV INDUSTRIE- LAAN 5/19, 2950 KAPELLEN (ANTW.) · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262023-11-07 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source and are complete.

Analysis

Snowflake analysis

financial profile on 5 axes
Health0Profitability100Solvency67Growth32Stability0
40 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 100
Solvency 67
Growth 32
Stability 0

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Detailhandel in en onderhoud en reparatie van motorfietsen en delen en toebehoren van motorfietsen45402Detailhandel in motorrijwielen, delen en toebehoren van motorrijwielen47830Groothandel in auto's en lichte bestelwagens (= 3,5 ton)45111Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)45113Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)46711Detailhandel in antiquiteiten in winkels47791Detailhandel in antiquiteiten47791Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)47811Verhuur en lease van personenauto's en lichte bestelwagens (< 3,5 ton)77110Verhuur en lease van personenauto’s en andere lichte motorvoertuigen77110
Primary activity highlighted.
Names & trade names
Legal nameNL A.M. Classics
Registered office
Industrielaan 5 bus 19
2950 Kapellen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.