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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
AM BARENDELL from Malmedy, company number BE0438572731, closed financial year 2025 with a result of € 10,218 after tax. For that financial year AM BARENDELL recorded a gross margin of € 19,970 and equity of € -75,323. Compared with financial year 2024, the result moved from € -3,428 to € 10,218. Profitable, and profit is growing. 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 September 10, 2026.
€ -75,323
▲ € 10,218 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,218
▲ still € 3,428 loss in 2024
Profit after tax over the fiscal year.
€ 7,732
▲ € 7,386 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -137,323.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,752
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 6,383 | € 2,823 | € 6,151 | € 19,970 | ▲ 225% |
| Profit after taxes | € -4,063 | € -6,738 | € -3,428 | € 10,218 | ▲ € 13,646 |
| Equity | € -75,375 | € -82,113 | € -85,541 | € -75,323 | ▲ € 10,218 |
| Total debts | € 706,293 | € 685,683 | € 681,087 | € 678,487 | |
| Cash | € 22,532 | € 1,777 | € 346 | € 7,732 | ▲ € 7,386 |
| Land & buildings | € 468,826 | € 462,233 | € 455,640 | € 449,048 | ▼ 1% |
| Retained profit | € -137,375 | € -144,113 | € -147,541 | € -137,323 | ▲ € 10,218 |
| Balance sheet total | € 630,918 | € 603,570 | € 595,547 | € 603,164 | ▲ 1% |
Key figures of AM BARENDELL, 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 BARENDELL?
What happened at AM BARENDELL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Walter THOMAS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 10,218. filed late Source: NBB ↗
- Walter THOMAS became a director. NBB
- New establishment in Malmedy. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,063 loss in 2022 to € 10,218 profit in 2025.
Best year ever: 2025, with € 10,218 profit.
Management
Directors
According to the 2025 annual accounts
Walter THOMAS
Managing director
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Xhoffraix-Rue du Haut Village 56
4960 Malmedy
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.572.731
- VAT number
- BE 0438.572.731
- Registered office
- Xhoffraix-Rue du Haut Village 56, 4960 Malmedy
- Names & denominations
- AM BARENDELL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 October 1989
- Peppol
- Active · Active since 16 Jan 2026
- Activities · NACE
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