AM Performance

Active

Private limited companyfounded 20214 yrs activeRue du Chêne(Achêne) 42, 5590 Ciney, BelgiumKBO/BCE: BE 0776.771.050

AM Performance has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €50k and a net result of €-21k. Equity is growing by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 62% of 3022 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

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Checked score

Score 2024

51 / 100

Fair

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0▼-79

Solvency67▼-17

Growth52=

Track record94

Bankruptcy probability, 12 months

1.0% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €2.5k at 30 days acceptable

Liquidity ample (current ratio 1.54 against 4.35 in 2023; short-term debt: 32.6% and cash: 28.4% of total assets), but 58% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 93

Relative position

BE, all sectors

reference

Sector 93

lower

← fewer bankruptcies more bankruptcies →

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 2024

Solvency, return and age of the figures

Solvency

42%

Return on assets

-17.5%

Age of the figures

21 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

29 d early

2023

32 d early

2022

22 d early

2021

30 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€50k▼ 40.4%

2023 · €83k

2021: €32k 2022: €72k 2023: €83k

2021 → 2024

Total assets

€118k▼ 16.3%

2023 · €141k

2021: €99k 2022: €90k 2023: €141k

2021 → 2024

Net result

€-21k

2023 · €11k

2021: €28k 2022: €40k 2023: €11k

2021 → 2024

Working capital

€21k▼ 64.0%

2023 · €58k

2021: €14k 2022: €53k 2023: €58k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€32k-€72k▲ 123%€83k▲ 15.7%€50k▼ 40.4%

Operating result€35k-€50k▲ 40.5%€15k▼ 68.9%€-18k

Net result€28k-€40k▲ 40.3%€11k▼ 71.5%€-21k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2024: a loss of €18k after €15k in 2023, the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €118k

49.7%

50.3%

Fixed assets €59k▼ 10.9%

Current assets €59k▼ 21.0%

Equity and liabilities €118k

42.0%

58.0%

Equity €50k▼ 40.4%

Debt €69k▲ 18.4%

The debt ratio rises from 41.0% to 58.0%. Equity is lower and debt is higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€-2k▼

2023 · €29k

Cash flow

€-4k▼

2023 · €25k

Solvency

42.0%▼

2023 · 59.0%

Current ratio

1.54▼

2023 · 4.35

Quick ratio

1.54▼

2023 · 4.35

Debt / equity

1.38▲

2023 · 0.70

ROE

-41.7%▼

2023 · 13.6%

ROA

-17.5%▼

2023 · 8.0%

Interest coverage

-0.88▼

2023 · 25.70

Debt

€69k▲

2023 · €58k

Debt ≤ 1 year

€39k▲

2023 · €17k

Debt > 1 year

€30k▼

2023 · €41k

Income taxes

€0▼

2023 · €3k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€141k€118k▼

Fixed assets21/28€66k€59k▼

Tangible fixed assets22/27€66k€59k▼

Plant, machinery and equipment23-€1k

Furniture and vehicles24€66k€58k▼

Current assets29/58€75k€59k▼

Amounts receivable within one year40/41€25k€18k▼

Trade receivables40€24k€17k▼

Other amounts receivable41€1k€2k▲

Cash at bank and in hand54/58€46k€34k▼

Deferred charges and accrued income490/1€4k€7k▲

Equity and liabilities

Total equity and liabilities10/49€141k€118k▼

Equity10/15€83k€50k▼

Contributions10/11€4k€4k=

Profit (loss) carried forward14€79k€46k▼

Amounts payable17/49€58k€69k▲

Amounts payable after more than one year17€41k€30k▼

Financial debts170/4€41k€30k▼

Amounts payable within one year42/48€17k€39k▲

Current portion of amounts payable after more than one year42€10k€11k▲

Trade debts44€1k€282▼

Suppliers440/4€1k€282▼

Taxes, remuneration and social security45€5k€6k▲

Taxes450/3€4k€6k▲

Remuneration and social security454/9€1k€0▼

Other amounts payable47/48€256€22k▲

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€17k▲

Other operating charges640/8€654€2k▲

Gross operating margin9900€29k€18▼

Operating profit (loss)9901€15k€-18k▼

Financial income75/76B€0€0▲

Recurring financial income75€0€0▲

Financial charges65/66B€1k€2k▲

Recurring financial charges65€1k€2k▲

Profit (loss) for the period before taxes9903€14k€-21k▼

Income taxes67/77€3k€0▼

Profit (loss) for the period9904€11k€-21k▼

Profit (loss) for the period to be appropriated9905€11k€-21k▼

Appropriation of the result

Profit (loss) to be appropriated9906€79k€59k▼

Profit (loss) brought forward from the previous period14P€68k€79k▲

Profit to be distributed694/7-€13k

Return on contributions (dividend)694-€13k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 7Financial 3Filings 4

2025

02-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €-21k ▼283%

Net result drops to €-21k, the lowest in the series.

29-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

09-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Highest result since 2021net €40k ▲40.3%

Operating result €50k, net result €40k, both a record.

31-12

Financial Liquidity triplescurrent ratio 3.88

Current ratio from 1.21 to 3.88; short-term debt falls from €67k to €18k.

30-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 30 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

4 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, Ciney · 1 establishment unit since 2021

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Rue du Chêne(Achêne) 425590 Ciney

Ground area

373 m²

Parcel 91001C0081/00E000, Wallonia. Linked by address, not a title deed.

1 establishment unit

AM performance

Rue du Chêne(Achêne) 42, 5590 CineyActivities of independent sportspeople

since 20212.327.660.302

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
91001C0081/00E000	Wallonia	373 m²	-	-

Linked by address, not proof of ownership

Methodology

via registered seat: 1

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

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

Structure & network

Connections & network

1 connected company

Network connections

MM Racing

Shared address

→

Similar companies · same sector, comparable size

RB CORPORATION

BE 0659.687.694

Villers-la-Ville · Eq €50k

THE LOFT GROUP

BE 0838.112.959

Sint-Lambrechts-Woluwe · Eq €50k

Of 3,876 companies in sector 93199 we hold annual accounts for 606. 458 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded03-11-2021

Fiscal year end31-12

Activities, NACEBEL

93199Other sports activities

77210Renting and leasing of sports and recreation goods

79909Travel agency, tour operator and other reservation service and related activities

82400Office administrative, office support and other business support activities

93110Operation of sports facilities

93293Sports, amusement and recreation activities

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

4 entries

E-mail:magainantoi@gmail.com

Enterprise

Phone:+32470260701

Enterprise

E-mail:amperformance71@gmail.com

Establishment Ciney 2.327.660.302

Phone:0470260701

Establishment Ciney 2.327.660.302