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 63 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
A.M. Group from Roeselare, company number BE0729944695, closed financial year 2025 with a result of € 3 million after tax. For that financial year A.M. Group recorded revenue of € 2.4 million and equity of € 10.1 million. Compared with financial year 2024, the result moved from € 1.7 million to € 3 million. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 12, 2026.
€ 10.1 million
▼ 39% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3 million
▲ 78% vs 2024
Profit after tax over the fiscal year.
€ 795,869
▼ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 9.5 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
4.9
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 295,266
▲ 10% vs 2024
€ 60,300 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.
€ 3,479
▲ 19% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 14.5 million
▼ 7% vs 2024
€ 585,714 is repaid this year. At this pace the long-term loan is gone in ≈ 25 years.
€ 250,346
▲ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 86 days on average.
€ 140,386
▲ 41% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 906,048 | € 2,078,493 | € 2,036,606 | € 2,421,180 | ▲ 19% |
| Profit after taxes | € 1,742,877 | € 1,799,435 | € 1,664,912 | € 2,956,070 | ▲ 78% |
| Equity | € 13,212,941 | € 15,012,376 | € 16,677,288 | € 10,133,359 | ▼ 39% |
| Total debts | € 17,641,048 | € 17,088,020 | € 16,000,108 | € 24,426,064 | ▲ 53% |
| Cash | € 3,176,630 | € 1,367,854 | € 1,178,561 | € 795,869 | ▼ 32% |
| Retained profit | € 3,607,441 | € 5,406,876 | € 7,071,788 | € 527,859 | ▼ 93% |
| Dividend | € 0 | € 0 | € 0 | € 9,500,000 | |
| Bank debt | € 17,454,236 | € 16,929,462 | € 15,706,760 | € 14,535,331 | ▼ 7% |
| Balance sheet total | € 30,853,989 | € 32,100,397 | € 32,677,396 | € 34,559,422 | ▲ 6% |
| Employees (FTE) | 2 | 3.6 | 4.4 | 4.9 | ▲ 0.5 |
Key figures of A.M. Group, 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 A.M. Group?
What happened at A.M. Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Flandrien Capital NV stepped down as director. NBB
- Waulef BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3 million (▲ 78% vs 2024). filed late Source: NBB ↗
- Flandrien Capital NV became a director. NBB
- Nickelson BV stepped down as director. NBB
- Waulef BV became a director. NBB
- Nickelson BV became a director. NBB
- New establishment in Roeselare. KBO
In short
From € 1.7 million profit in 2022 to € 3 million profit in 2025.
Paid € 73,583 in corporate taxes since 2022.
Best year ever: 2025, with € 3 million profit.
Paid out € 9.5 million in dividends to the owners in total.
Management
The stake of A.M. HOLDING, BELI TECH, BOUW BEHEER, V & V INVEST, RAMBOER & BEDDELEEM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
A.M. GroupThe shares are held by A.M. HOLDING (100%), BELI TECH (30.2%), BOUW BEHEER (19.5%), V & V INVEST (19.5%) and RAMBOER & BEDDELEEM (0%). It owns 100% of Absolute@Work, 100% of Maxicon Skills, 100% of Maxicon Retail, 100% of Locuinta, 100% of Maxicon and 100% of Maxicon Engineering itself.
Directors
According to the 2025 annual accounts
Director · represented by Frederiek Wauters
Also active at: L&H Invest, Flandrien Capital, A.M. HOLDING
since 2024 · until 2031
since 2026 · until 2032
Director · represented by Luc Jeurissen
Also active at: ECOBETON WATER TECHNOLOGIES, NANNIC INT, MAXICON, MAXICON RETAIL, FAROS, ABSOLUTEYOU, NEPTUNESS, MAXICON SKILLS +13 more
since 2024 · until 2026
Shareholders
Participations
100%
100%
100%
100%
100%
100%
100%
100%
90%
Establishments
Establishment units
Physical locations of this company
Onledebeekstraat 15
8800 Roeselare
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →MAXICON same network
€ 11.9 million revenue · 2025
MAXICON RETAIL same network
€ 728,480 gross margin · 2025
VIEWPOINT
€ 34,715 gross margin · 2025
MAXICON SKILLS same network
€ 1 million gross margin · 2025
Maxicon Engineering same network
€ 2 million gross margin · 2025
+6 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
- 0729.944.695
- VAT number
- BE 0729.944.695
- Registered office
- Onledebeekstraat 15, 8800 Roeselare
- Names & denominations
- A.M. Group
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 July 2019
- Peppol
- Active · Active since 18 Mar 2026
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Activiteiten van holdings
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Holdings
Overige zakelijke dienstverlening, neg