Financials
Financial year 2025
AAM from Geel, company number BE0838275582, closed financial year 2025 with a result of € 94,974 after tax. For that financial year AAM recorded a gross margin of € 626,569 and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 255,053 to € 94,974. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 1.4 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 94,974
▼ 63% vs 2024
Profit after tax over the fiscal year.
€ 23,867
▼ 94% 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 € 1.4 million.
People and assets in 2025
4.3
▲ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 273,589
▲ 40% vs 2024
€ 63,600 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.
€ 25,458
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.3 million
▼ 19% vs 2024
€ 66,516 is repaid this year. At this pace the long-term loan is gone in ≈ 22 years.
€ 2.3 million
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 186,001
▲ 11% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 553,870 | € 794,874 | € 624,987 | € 626,569 | |
| Profit after taxes | € 225,549 | € 340,083 | € 255,053 | € 94,974 | ▼ 63% |
| Equity | € 902,722 | € 1,242,805 | € 1,297,859 | € 1,392,833 | ▲ 7% |
| Total debts | € 3,851,541 | € 5,021,575 | € 7,543,112 | € 7,220,986 | ▼ 4% |
| Cash | € 466,377 | € 14,182 | € 368,901 | € 23,867 | ▼ 94% |
| Land & buildings | - | € 1,755 | € 1,281 | € 806 | ▼ 37% |
| Retained profit | € 884,122 | € 1,224,205 | € 1,279,259 | € 1,374,233 | ▲ 7% |
| Dividend | € 0 | € 0 | € 200,000 | € 0 | ▼ 100% |
| Bank debt | € 400,000 | € 650,000 | € 2,850,000 | € 2,302,066 | ▼ 19% |
| Balance sheet total | € 4,754,263 | € 6,264,380 | € 8,840,971 | € 8,613,819 | ▼ 3% |
| Employees (FTE) | 3.2 | 3 | 3 | 4.3 | ▲ 1.3 |
Key figures of AAM, 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 AAM?
What happened at AAM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 94,974 (▼ 63% vs 2024). Source: NBB ↗
- Castelbuild NV became a director. NBB
- CASTELMORE GROUP NV became a director. NBB
- New establishment in Heusden-Zolder. KBO
- Start of the company according to the CBE. KBO
In short
From € 225,549 profit in 2022 to € 94,974 profit in 2025.
Paid € 264,881 in corporate taxes since 2022.
Best year ever: 2023, with € 340,083 profit.
On average € 145,700 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind AAM are Castelbuild NV and CASTELMORE GROUP NV. The shares are held by Castelbuild (100%).
Directors
According to the 2025 annual accounts
since 2023
Director · represented by Tim Nagels
Also active at: STEVAG, M & C, STESSENS, GERANTIS ARTEVELDE, VAN HEE & Co beheer en management, LEONDITE ZAKENKANTOOR, STESSENS BEHEER, Ifac Service +12 more
since 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Winkelomseheide 223
2440 Geel
O.L. Vrouwstraat 150
3550 Heusden-Zolder
Active since 2 August 2011
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0838.275.582
- VAT number
- BE 0838.275.582
- Registered office
- Winkelomseheide 223, 2440 Geel
- Names & denominations
- AAM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 August 2011
- Peppol
- Active · Active since 27 Mar 2026
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