Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 5.9 to 4.
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Legal situation KBO
Opschorting (gerechtelijke reorganisatie) according to the CBE.
Financials
Financial year 2025
AM BELGIUM from Herenthout, company number BE0406791175, closed financial year 2025 with a result of € -14,631 after tax. For that financial year AM BELGIUM recorded a gross margin of € 670,751 and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 1,119 to € -14,631. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 1.4 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,631
▼ still € 1,119 profit in 2024
Profit after tax over the fiscal year.
€ 16,176
▼ 40% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 647,873.
People and assets in 2025
4
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 430,291
€ 107,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 562
▼ 71% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.7 million
▼ 7% vs 2024
€ 165,947 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 611,595
▲ 75% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 223,899
▲ 46% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 912,780 | € 779,628 | € 723,062 | € 670,751 | ▼ 7% |
| Profit after taxes | € -32,577 | € -1,764 | € 1,119 | € -14,631 | ▼ € 15,750 |
| Equity | € 1,408,149 | € 1,406,384 | € 1,407,504 | € 1,392,873 | ▼ 1% |
| Total debts | € 3,091,828 | € 3,035,810 | € 2,814,682 | € 3,021,006 | ▲ 7% |
| Cash | € 71,788 | € 58,683 | € 26,929 | € 16,176 | ▼ 40% |
| Retained profit | € 663,149 | € 661,384 | € 662,504 | € 647,873 | ▼ 2% |
| Bank debt | € 2,079,897 | € 1,991,606 | € 1,800,591 | € 1,674,833 | ▼ 7% |
| Balance sheet total | € 4,499,977 | € 4,442,194 | € 4,222,186 | € 4,413,878 | ▲ 5% |
| Employees (FTE) | 7.9 | 5.9 | 4.3 | 4 | ▼ 0.3 |
Key figures of AM BELGIUM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to AM BELGIUM?
What happened at AM BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- DV INVEST stepped down as director. NBB
- Katarin Marguerite DE VREE stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 14,631 (▼ € 15,750 vs 2024). Source: NBB ↗
- DV INVEST became a director. NBB
- Katarin Marguerite DE VREE became a director. NBB
- New establishment in Herenthout. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,577 loss in 2022 to € 14,631 loss in 2025.
Paid € 39,515 in corporate taxes since 2022.
Best year ever: 2024, with € 1,119 profit.
On average € 167,700 of value added per employee in 2025.
Management
The stake of TENE QUOD BENE + comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
AM BELGIUMThe shares are held by TENE QUOD BENE + (100%). It owns 61.7% of ROMAGNETICS itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Kristof Maria DE VREE
since 2022 · until 2028
Katarin Marguerite DE VREE
Director
since 2022 · until 2028
Shareholders
100%
Participations
ROMAGNETICS
61.7%
Establishments
Establishment units
Physical locations of this company
Atealaan 3
2270 Herenthout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →DV INVEST same network
€ 86,030 gross margin · 2025
CASH SYSTEMS TECHNOLOGY
€ 46,308 gross margin · 2025
ZAPPASS
€ -85,326 gross margin · 2025
AMDT Sensor Technology
€ 11,525 gross margin · 2025
TENE QUOD BENE + same network
€ 4,570 gross margin · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0406.791.175
- VAT number
- BE 0406.791.175
- Registered office
- Atealaan 3, 2270 Herenthout
- Names & denominations
- AM BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opschorting (gerechtelijke reorganisatie)
- Start date
- 25 July 1969
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Vervaardiging van consumentenelektronica
Vervaardiging van audio- en videoapparatuur
Vervaardiging van optische instrumenten, magnetische en optische dragers en fotografische apparatuur
Vervaardiging van magnetische en optische media
Activiteiten van holdings
Holdings