ACTIVE

AMAB

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Financial year 2025 · closed on 31/12/2025

Net result

-447,5 k €

-180.0% YoY

Revenue

14,2 M €

+10.2% YoY

Equity

18 M €

-2.9% YoY

Workforce

645,1 ETP

+0.5% YoY

What does AMAB do?

AMAB is a Non-profit organization incorporated in 1971. Its main activity is: Technical and vocational secondary education. Its registered office is in Asse. It employs on average 645,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0411.635.039

Incorporation

28/10/1971

Legal form

Non-profit organization

Registered office

Z. 5 Mollem 90
1730 Asse · FlandreSee on map

Latest accounts

31/12/2025

Average workforce

645,1 ETP

Activities (NACE)

85322Technical and vocational secondary education· main 88993Other social work activities without accommodation n.e.c.88995Other social work activities without accommodation n.e.c.

Joint committees (1)

32701

Contacts

4 public details availableLog in to view

Signals

Solid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Revenue	14,2 M €	+10.2%	12,9 M €	+5.6%	12,2 M €	+7.8%	11,3 M €	+14.3%	9,9 M €	+23.1%	8 M €	-13.2%	9,3 M €	+3.9%	8,9 M €	+5.8%	8,4 M €	+2.1%	8,3 M €	-0.2%	8,3 M €	+335%	1,9 M €	-12.0%	2,2 M €	+2.6%	2,1 M €	+8.4%	1,9 M €	+11.5%	1,7 M €	+28.5%	1,4 M €
EBITDA	1,1 M €	-32.2%	1,6 M €	+39.0%	1,2 M €	+46.2%	789,8 k €	-43.6%	1,4 M €	-2.5%	1,4 M €	+14.4%	1,3 M €	+8.0%	1,2 M €	-32.0%	1,7 M €	+73.7%	983,5 k €	+143%	404,4 k €	+286%	104,7 k €	-62.3%	277,8 k €	+20.0%	231,4 k €	-21.8%	296,1 k €	+30.4%	227,1 k €	+54.0%	147,5 k €
Operating result	-284,8 k €	-139%	721,2 k €	+196%	243,5 k €	+108%	117,2 k €	-84.0%	731,5 k €	+9.7%	667,1 k €	+6.7%	624,9 k €	+7.8%	579,9 k €	-44.8%	1 M €	+300%	262,5 k €	+208%	-242,1 k €	-161%	-92,7 k €	-171%	129,7 k €	+50.7%	86,1 k €	-48.6%	167,5 k €	+49.9%	111,8 k €	+169%	41,5 k €
Net result	-447,5 k €	-180%	559 k €	+253%	158,2 k €	+87.2%	84,5 k €	-88.4%	727 k €	+6.2%	684,7 k €	-1.7%	696,7 k €	-15.0%	819,2 k €	-17.1%	988,7 k €	+213%	315,5 k €	+85.2%	170,4 k €	+742%	-26,5 k €	-116%	161,5 k €	+20.0%	134,5 k €	-20.6%	169,5 k €	+46.6%	115,7 k €	+122%	52,2 k €
Balance sheet
Equity	18 M €	-2.9%	18,5 M €	+2.6%	18 M €	+0.3%	18 M €	-0.2%	18 M €	+3.4%	17,4 M €	+3.2%	16,9 M €	+3.8%	16,2 M €	+4.7%	15,5 M €	+6.3%	14,6 M €	+1.8%	14,3 M €	+865%	1,5 M €	-5.2%	1,6 M €	+10.0%	1,4 M €	+9.0%	1,3 M €	+13.1%	1,2 M €	+12.0%	1 M €
Total assets	31 M €	+8.4%	28,6 M €	-4.1%	29,8 M €	+25.5%	23,8 M €	+0.8%	23,6 M €	+4.7%	22,5 M €	+2.5%	22 M €	+4.4%	21 M €	+4.8%	20,1 M €	+0.3%	20 M €	+1.4%	19,8 M €	+654%	2,6 M €	-19.0%	3,2 M €	+15.4%	2,8 M €	-2.0%	2,9 M €	+14.1%	2,5 M €	+16.0%	2,2 M €
Cash	1,8 M €	-23.2%	2,4 M €	-24.4%	3,1 M €	-65.6%	9,1 M €	-13.9%	10,5 M €	-10.1%	11,7 M €	+6.6%	11 M €	+15.8%	9,5 M €	+18.5%	8 M €	+37.8%	5,8 M €	+15.3%	5 M €	+1060%	434,7 k €	-65.7%	1,3 M €	+89.1%	669,8 k €	+11.1%	602,8 k €	+42.6%	422,7 k €	+48.0%	285,7 k €
Debts	12,1 M €	+34.5%	9 M €	-13.9%	10,4 M €	+128%	4,6 M €	+7.9%	4,2 M €	+6.9%	4 M €	-6.2%	4,2 M €	+7.5%	3,9 M €	+1.3%	3,9 M €	-12.6%	4,4 M €	-0.5%	4,5 M €	+293%	1,1 M €	-27.7%	1,6 M €	+15.5%	1,4 M €	-12.6%	1,6 M €	+14.9%	1,4 M €	+19.8%	1,1 M €
Other
Workforce	645,1 ETP	+0.5%	642,2 ETP	-12.4%	732,9 ETP	-4.0%	763,8 ETP	-1.8%	777,9 ETP	-1.2%	787,6 ETP	-0.3%	789,9 ETP	+2.3%	772,4 ETP	+2.1%	756,8 ETP	+0.1%	755,7 ETP	-1.9%	770,4 ETP	+291%	196,9 ETP	-3.1%	203,2 ETP	+0.0%	203,1 ETP	+5.6%	192,4 ETP	+3.8%	185,3 ETP	+1.3%	183,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 10 active · 79 ended

Active mandates

Ann CATTELAIN

Mandate

Active

Ann DE VRIEZE

Mandate

Active

Antoon SOETE

Mandate

Active

Emmanuel STAS

Mandate

Active

Eric HAESEN

Mandate

Active

Ingrid Boom

Mandate

Active

Jurgen TISTAERT

Mandate

Active

Marc DEDOBBELEER

Mandate

Active

Patrick VAN BOURGOGNIE

Mandate

Active

Renaat VERHELST

Mandate

Active

Ended mandates

Ann Cattelain

Director · since 20 mai 2021

Ended

Ann De Vrieze

Director · since 20 mai 2021

Ended

Patrick Van Bourgognie

Director · since 20 mai 2021

Ended

Antoon Soete

Director · since 17 mai 2018

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/06/2026	17/06/2025	20/06/2024	07/06/2023	16/05/2022	16/06/2021
General meeting	21/05/2026	22/05/2025	29/05/2024	11/05/2023	12/05/2022	20/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

23 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	21/05/2026	10/06/2026	Dutch	PDF
Full model	31/12/2024	22/05/2025	17/06/2025	Dutch	PDF
Full model	31/12/2023	29/05/2024	20/06/2024	Dutch	PDF
Full model	31/12/2022	11/05/2023	07/06/2023	Dutch	PDF
Full model	31/12/2021	12/05/2022	16/05/2022	Dutch	PDF
Full model	31/12/2020	20/05/2021	16/06/2021	Dutch	PDF
Full model	31/12/2019	07/09/2020	11/09/2020	Dutch	PDF
Full model	31/12/2018	16/05/2019	07/06/2019	Dutch	PDF
Full model	31/12/2017	17/05/2018	04/06/2018	Dutch	PDF
Full model	31/12/2016	11/05/2017	29/05/2017	Dutch	PDF
Full model	31/12/2015	12/05/2016	25/05/2016	Dutch	PDF
Full model	31/12/2014	21/05/2015	16/06/2015	Dutch	PDF
Full model	31/12/2013	08/05/2014	11/08/2014	Dutch	PDF
Full model	31/12/2012	18/06/2013	22/07/2013	Dutch	PDF
Full model	31/12/2011	21/06/2012	09/07/2012	Dutch	PDF
Full model	31/12/2010	30/06/2011	06/07/2011	Dutch	PDF
Full model	31/12/2009	29/06/2010	30/06/2010	Dutch	PDF
Full modelCorrection	31/12/2008	18/06/2009	16/12/2009	Dutch	PDF
Full model	31/12/2008	18/06/2009	13/07/2009	Dutch	PDF
Full modelCorrection	31/12/2007	30/06/2008	03/04/2009	Dutch	PDF
Full modelCorrection	31/12/2007	30/06/2008	17/11/2008	Dutch	PDF
Full model	31/12/2007	30/06/2008	08/07/2008	Dutch	PDF
Full model	31/12/2006	14/06/2007	18/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 10 active · 79 ended

Active mandates

Ann CATTELAIN

Mandate

Active

Ann DE VRIEZE

Mandate

Active

Antoon SOETE

Mandate

Active

Emmanuel STAS

Mandate

Active

Eric HAESEN

Mandate

Active

Ingrid Boom

Mandate

Active

Jurgen TISTAERT

Mandate

Active

Marc DEDOBBELEER

Mandate

Active

Patrick VAN BOURGOGNIE

Mandate

Active

Renaat VERHELST

Mandate

Active

Ended mandates

Ann Cattelain

Director · since 20 mai 2021

Ended

Ann De Vrieze

Director · since 20 mai 2021

Ended

Patrick Van Bourgognie

Director · since 20 mai 2021

Ended

Antoon Soete

Director · since 17 mai 2018

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/07/2025
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/03/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other22/07/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-447,5 k €↓
2024
Annual accounts 2024559 k €↑
2023
Annual accounts 2023158,2 k €↑
2022
Annual accounts 202284,5 k €↓
2021
Annual accounts 2021727 k €↑
2020
Annual accounts 2020684,7 k €↓
2019
Annual accounts 2019696,7 k €↓
2018
Annual accounts 2018819,2 k €↓
2017
Annual accounts 2017988,7 k €↑
2016
Annual accounts 2016315,5 k €↑
2015
Annual accounts 2015170,4 k €↑
2014
Annual accounts 2014-26,5 k €↓
2013
Annual accounts 2013161,5 k €↑
2012
Annual accounts 2012134,5 k €↓
2011
Annual accounts 2011169,5 k €↑
2010
Annual accounts 2010115,7 k €↑
2009
Annual accounts 200952,2 k €
28/10/1971
IncorporationNon-profit organization

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

AMAB

Overview

What does AMAB do?

Trend over 17 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline