AMECA
ActiveSummary
AMECA has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €30k and a net result of €-3k. Equity is shrinking by ~11% per year across the filed fiscal years. Its solvency ranks better than 90% of 838 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability7▲+7
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 8.41 against 4.34 in 2023; short-term debt: 11.6% and cash: 52.9% of total assets), and 11.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · 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 2024Solvency, return and age of the figures
Solvency
88.4%
Return on assets
-9.1%
Age of the figures
22 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 32
Relative position
BE, all sectors
reference
Other manufacturing (NACE 32)
about 28% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-3k
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2024 was due by 30-06-2025 and was filed on 28-05-2025, 33 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
33 d early
2023
6 d early
2022
23 d early
2021
15 d early
2020
15 d early
2019
13 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€30k▼ 9.3%
2023 · €33k
2018: €65khighest in 7 years
2019: €53k▼ -19.0% vs 2018
2020: €60k▲ +13.4% vs 2019
2021: €55k▼ -7.5% vs 2020
2022: €44k▼ -21.0% vs 2021
2023: €33k▼ -23.7% vs 2022
2024: €30k▼ -9.3% vs 2023lowest in 7 years
2018 → 2024
Total assets
€34k▼ 20.5%
2023 · €43k
2018: €83k
2019: €78k▼ -6.2% vs 2018
2020: €87k▲ +11.4% vs 2019highest in 7 years
2021: €81k▼ -6.4% vs 2020
2022: €53k▼ -34.4% vs 2021
2023: €43k▼ -19.7% vs 2022
2024: €34k▼ -20.5% vs 2023lowest in 7 years
2018 → 2024
Net result
€-3k▲ 70.0%
2023 · €-10k
2018: €-20klowest in 7 years
2019: €-12k▲ +39.7% vs 2018
2020: €7k▲ +157% vs 2019highest in 7 years
2021: €-4k▼ -164% vs 2020
2022: €-12k▼ -157% vs 2021
2023: €-10k▲ +10.7% vs 2022
2024: €-3k▲ +70.0% vs 2023
2018 → 2024
Working capital
€29k▼ 9.1%
2023 · €32k
2018: €65khighest in 7 years
2019: €53k▼ -19.0% vs 2018
2020: €58k▲ +10.5% vs 2019
2021: €54k▼ -7.5% vs 2020
2022: €42k▼ -21.2% vs 2021
2023: €32k▼ -24.0% vs 2022
2024: €29k▼ -9.1% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€60k-€55k▼ 7.5%€44k▼ 21.0%€33k▼ 23.7%€30k▼ 9.3%
2020: €60khighest in 5 years
2021: €55k▼ -7.5% vs 2020
2022: €44k▼ -21.0% vs 2021
2023: €33k▼ -23.7% vs 2022
2024: €30k▼ -9.3% vs 2023lowest in 5 years
Operating result€8k-€-3k€-11k▼ 260%€-9k▲ 21.4%€-3k▲ 70.3%
2020: €8khighest in 5 years
2021: €-3k▼ -137% vs 2020
2022: €-11k▼ -260% vs 2021lowest in 5 years
2023: €-9k▲ +21.4% vs 2022
2024: €-3k▲ +70.3% vs 2023
Net result€7k-€-4k€-12k▼ 157%€-10k▲ 10.7%€-3k▲ 70.0%
2020: €7khighest in 5 years
2021: €-4k▼ -164% vs 2020
2022: €-12k▼ -157% vs 2021lowest in 5 years
2023: €-10k▲ +10.7% vs 2022
2024: €-3k▲ +70.0% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2024 against €9k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €34k
Fixed assets
€908 ▼ 14.8%
Current assets
€33k ▼ 20.6%
Equity and liabilities €34k
Equity
€30k ▼ 9.3%
Debt
€4k ▼ 59.1%
Debt's share of the balance-sheet total falls from 22.5% to 11.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-2k▲
2023 · €-9k
Cash flow
€-3k▲
2023 · €-10k
Current ratio
8.41▲
2023 · 4.34
Quick ratio
7.75▲
2023 · 4.03
Debt to equity
0.13▼
2023 · 0.29
ROE
-10.3%▲
2023 · -31.1%
ROA
-9.1%▲
2023 · -24.1%
Interest coverage
-4.60▲
2023 · -5.51
Debt ≤ 1 year
€4k▼
2023 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€43k€34k▼
Fixed assets21/28€1k€908▼
Tangible fixed assets22/27€1k€908▼
Land and buildings22€1€1=
Plant, machinery and equipment23€1k€907▼
Current assets29/58€42k€33k▼
Stocks and contracts in progress3€3k€3k▼
Stocks30/36€3k€3k▼
Amounts receivable within one year40/41€14k€13k▼
Trade receivables40€12k€11k▼
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€25k€18k▼
Equity and liabilities
Total equity and liabilities10/49€43k€34k▼
Equity10/15€33k€30k▼
Contributions10/11€87k€87k=
Capital10€87k€87k=
Issued capital100€87k€87k=
Reserves13€9k€9k=
Non-distributable reserves130/1€9k€9k=
Legal reserve130€9k€9k=
Profit (loss) carried forward14€-62k€-66k▼
Amounts payable17/49€10k€4k▼
Amounts payable within one year42/48€10k€4k▼
Trade debts44€10k€4k▼
Suppliers440/4€10k€4k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€158€158=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€115€0▼
Gross operating margin9900€-8k€-2k▲
Operating profit (loss)9901€-9k€-3k▲
Financial income75/76B€0€36▲
Recurring financial income75€0€36▲
Financial charges65/66B€2k€532▼
Recurring financial charges65€2k€532▼
Profit (loss) for the period before taxes9903€-10k€-3k▲
Profit (loss) for the period9904€-10k€-3k▲
Profit (loss) for the period to be appropriated9905€-10k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-62k€-66k▼
Profit (loss) brought forward from the previous period14P€-52k€-62k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €39 | €158 | €158 | €158 | €158 | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €1k | €0 | - | - |
| Other operating charges640/8 | - | €111 | €112 | €115 | €0 | ▼ 100% |
| Gross operating margin9900 | €9k | €-3k | €-10k | €-8k | €-2k | ▲ 71.2% |
| Operating profit (loss)9901 | €8k | €-3k | €-11k | €-9k | €-3k | ▲ 70.3% |
| Financial income75/76B | - | €8 | €634 | €0 | €36 | - |
| Recurring financial income75 | - | €8 | €634 | €0 | €36 | - |
| Financial charges65/66B | - | €1k | €1k | €2k | €532 | ▼ 66.0% |
| Recurring financial charges65 | €1k | €1k | €1k | €2k | €532 | ▼ 66.0% |
| Profit (loss) for the period before taxes9903 | €7k | €-4k | €-12k | €-10k | €-3k | ▲ 70.0% |
| Income taxes67/77 | €220 | €215 | €0 | - | - | - |
| Profit (loss) for the period9904 | €7k | €-4k | €-12k | €-10k | €-3k | ▲ 70.0% |
| Profit (loss) for the period to be appropriated9905 | €7k | €-4k | €-12k | €-10k | €-3k | ▲ 70.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €87k | €81k | €53k | €43k | €34k | ▼ 20.5% |
| Fixed assets21/28 | €2k | €1k | €1k | €1k | €908 | ▼ 14.8% |
| Tangible fixed assets22/27 | €2k | €1k | €1k | €1k | €908 | ▼ 14.8% |
| Land and buildings22 | - | €1 | €1 | €1 | €1 | = |
| Plant, machinery and equipment23 | - | €1k | €1k | €1k | €907 | ▼ 14.8% |
| Current assets29/58 | €85k | €80k | €52k | €42k | €33k | ▼ 20.6% |
| Stocks and contracts in progress3 | €3k | €3k | €3k | €3k | €3k | ▼ 14.1% |
| Stocks30/36 | - | €3k | €3k | €3k | €3k | ▼ 14.1% |
| Amounts receivable within one year40/41 | €29k | €20k | €17k | €14k | €13k | ▼ 11.0% |
| Trade receivables40 | - | €18k | €15k | €12k | €11k | ▼ 13.2% |
| Other amounts receivable41 | - | €1k | €2k | €2k | €2k | ▲ 2.3% |
| Cash at bank and in hand54/58 | €53k | €57k | €32k | €25k | €18k | ▼ 26.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €87k | €81k | €53k | €43k | €34k | ▼ 20.5% |
| Equity10/15 | €60k | €55k | €44k | €33k | €30k | ▼ 9.3% |
| Contributions10/11 | €87k | €87k | €87k | €87k | €87k | = |
| Capital10 | - | €87k | €87k | €87k | €87k | = |
| Issued capital100 | - | €87k | €87k | €87k | €87k | = |
| Reserves13 | €209k | €9k | €9k | €9k | €9k | = |
| Non-distributable reserves130/1 | - | €9k | €9k | €9k | €9k | = |
| Legal reserve130 | - | €9k | €9k | €9k | €9k | = |
| Reserves not available under the articles1311 | - | €0 | - | - | - | - |
| Distributable reserves133 | - | €0 | - | - | - | - |
| Profit (loss) carried forward14 | €-236k | €-41k | €-52k | €-62k | €-66k | ▼ 5.0% |
| Amounts payable17/49 | €27k | €26k | €10k | €10k | €4k | ▼ 59.1% |
| Amounts payable within one year42/48 | €27k | €26k | €10k | €10k | €4k | ▼ 59.1% |
| Trade debts44 | €27k | €17k | €10k | €10k | €4k | ▼ 59.1% |
| Suppliers440/4 | - | €17k | €10k | €10k | €4k | ▼ 59.1% |
| Advances received on contracts in progress46 | - | €9k | €0 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €-4k | €-12k | €-10k | €-3k | ▲ 70.0% |
| + Depreciation and write-downs630 | €39 | €158 | €158 | €158 | €158 | = |
| Operating cash flow (approximation) | €7k | €-4k | €-11k | €-10k | €-3k | ▲ 71.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €4k | €-25k | €-7k | €-7k | ▲ 9.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
24-09
State Gazette act
Resignations: Etienne DENIS, Dominique DENIS and Assia EL YOUNOUSSIAppointments: Etienne DENIS (enige statutair bestuurder) and Assia EL YOUNOUSSI (opvolgend bestuurder) · Statutes amendment · Legal form clause15 facts ▸
State Gazette act
Resignations: Etienne DENIS, Dominique DENIS and Assia EL YOUNOUSSI
Appointments: Etienne DENIS (enige statutair bestuurder) and Assia EL YOUNOUSSI (opvolgend bestuurder) · Statutes amendment · Legal form clause15 facts ▸
- General meeting, 15-09-2026
- Statutes amendment
- Legal form clause, naamloze vennootschap (NV)
- Board meeting, bestuurders in functie gebleven sinds het verstrijken van de duurtijd van hun mandaat op 2023-05-02, alle gestelde bestuursdaden sinds 2023-05-02
- Director resignation, Etienne DENIS (director)
- Director resignation, Dominique DENIS (director)
- Director resignation, Assia EL YOUNOUSSI (director)
- Board rule, enige bestuurder, artikel 7:101 WVV
- Director appointment, Etienne DENIS (enige statutair bestuurder)
- Director appointment, Assia EL YOUNOUSSI (opvolgend bestuurder)
- Registered office clause, Vlaams Gewest, Spinnerijkaai 45 bus 108, 8500 Kortrijk
- Statutes amendment
- +3 further facts in this act
2025
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-11
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 11 days late
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 12 days late
17-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 201 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
2 directors, last change in 2026
Assia EL YOUNOUSSI
CurrentOpvolgend bestuurder · since 24-09-2026
Etienne DENIS
CurrentEnige statutair bestuurder · since 15-09-2026
24-09-2026
Assia EL YOUNOUSSI: Appointed as Opvolgend bestuurder
15-09-2026
Assia EL YOUNOUSSI: Resigned as Director
15-09-2026
Etienne DENIS: Resigned as Director
15-09-2026
Etienne DENIS: Appointed as Enige statutair bestuurder
15-09-2026
Dominique DENIS: Resigned as Director
Not every act has been read: a resignation may be missing here
3 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 1990
Ground area
9,215 m²
Building footprint
3,590 m²
Volume, LiDAR
49,165 m³
Parcel 34353B0083/00Y004, Flanders · tallest building 21.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
AMECA NV
since 19902.037.843.997
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353B0083/00Y004 | Flanders | 9,215 m² | 1 · 3,590 m² | 21.6 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Articles of association
Who signs
The sole director
Financial year
Closes on 31 December
Annual meeting
First Tuesday of June at 14:00
Duration
Unlimited
Purpose
Alle handelingen die rechtstreeks of onrechtstreeks verband houden met de productie, de fabricatie, de aankoop en/of verkoop, vertegenwoordiging, invoer en uitvoer van allerhande…
Full purpose (2 activities)
- Alle handelingen die rechtstreeks of onrechtstreeks verband houden met de productie, de fabricatie, de aankoop en/of verkoop, vertegenwoordiging, invoer en uitvoer van allerhande onafgewerkte, afgewerkte en/of half afgewerkte producten, in het bijzonder kussens, tuinmeubelen, speelgoed, zwembaden, tuinartikelen en andere producten die daar enigszins verband mee houden
- Alle nijverheidsverrichtingen, handelszaken en verhandelingen van onroerende, roerende of financiële aard die zich rechtstreeks of onrechtstreeks bij dit voorwerp aansluiten of de uitbreiding ervan kunnen bevorderen
Other provisions of the articles (16)
- Name clause: AMECA
- Registered office clause: Vlaams Gewest, enige bestuurder bevoegd de zetel binnen België te verplaatsen, geen statutenwijziging vereist tenzij naar ander Gewest; taalwijziging vereist be…
- Board composition: enige bestuurder
- Board rule: enige bestuurder is niet persoonlijk gehouden tot de verbintenissen van de vennootschap
- Board rule: afzetting wegens wettige redenen, instemming van de enige bestuurder vereist voor elke statutenwijziging, elke uitkering aan de aandeelhouders, en zijn ontslag
- Board rule: oefent het geheel van de bestuursbevoegdheden uit, mogelijkheid een deel van deze bevoegdheden te delegeren
- Board rule (2)
- Meeting access
- Proxy rule
- Profit allocation
- Liquidation rule (2)
- Liquidation distribution
- Board rule: opvolgend bestuurder, overlijden, onbekwaamverklaring, kennelijk onvermogen, faillissement van de enige bestuurder
- 1 more provision in the deed
Structure & network
Capital and shareholders
Capital over the years
- 24-09-2026 Capital stated in the act · 87,000 EUR · 1,250 shares
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 1,040 EUR awarded · 1,040 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,040 EUR | 1,040 EUR |
Schemes
Subsidies voor internationaal ondernemen
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Of 914 companies in sector 32990 we hold annual accounts for 163. 91 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded01-01-1990
Fiscal year end30-11
Activities, NACEBEL 2025
32990Other manufacturing not elsewhere classified
46496Wholesale trade
47551Retail sale of household furniture
Scores and ratios are computed by Checked and are not a credit decision.