Financials
Financial year 2024
Worth noting
- More debts than assets in the latest financial year.
- A loss two years in a row.
- Little cash and receivables against the short-term debts.
Revenue
€ 2.1 million
▼ 60% vs 2023
Profit
Caution€ -3.7 million
▲ 44% vs 2023
Debts
High€ 31.5 million
▲ 25% vs 2023
AM-POWER from Pittem, company number BE0423274346, closed financial year 2024 with a result of € -3.7 million after tax. For that financial year AM-POWER recorded revenue of € 2.1 million and equity of € -21.5 million. Compared with financial year 2023, the result moved from € -6.7 million to € -3.7 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 5, 2026.
What happened at AM-POWER?
What happened at AM-POWER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Cédric BRAUNWALD stepped down as director. NBB
- Philippe SPANNAGEL stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 3.7 million. filed late Source: NBB ↗
- Geoffrey MATTLINGER stepped down as director. NBB
- Yannick GODET stepped down as director. NBB
- Cédric BRAUNWALD became a director. NBB
- Philippe SPANNAGEL became a director. NBB
- Geoffrey MATTLINGER became a director. NBB
In short
From € 4.3 million loss in 2021 to € 3.7 million loss in 2024.
Paid € 90,637 in corporate taxes since 2021.
A new publication or filing at AM-POWER? We notify you, reason included.
Follow AM-POWERNeed more data?
History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
Then €29.99/mo excl. VAT, cancel monthly. No credit card to try; the AI assistant is not included, or only in a very limited form, during the trial month. Sign up now and you’ll be invited first.
Management
Directors
According to the 2024 annual accounts
since 2025 · until 2031
Geoffrey MATTLINGER
Director
since 2025 · until 2025
since 2025 · until 2031
since 2023 · until 2025
Establishments
Establishment units
Physical locations of this company
Brugsesteenweg 176
8740 Pittem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
Details
- Company number
- 0423.274.346
- VAT number
- BE 0423.274.346
- Registered office
- Brugsesteenweg 176, 8740 Pittem
- Names & denominations
- AM-POWER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 1982
- Peppol
- Active · Active since 4 Nov 2025
- Activities · NACE
Productie van elektriciteit uit niet-hernieuwbare bronnen
Handel in elektriciteit
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen