ACTIVE

AMEL

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Financial year 2025 · closed on 31/12/2025

Net result

-102,2 k €

-176.5% YoY

Gross margin

54,3 k €

+9.6% YoY

Equity

24 k €

-81.0% YoY

What does AMEL do?

AMEL is a Private limited company incorporated in 1993. Its registered office is in Ixelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0449.953.801

Incorporation

31/03/1993

Legal form

Private limited company

Registered office

Avenue de l'Hippodrome 66
1050 Ixelles · BruxellesSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Signals

Positive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	54,3 k €	+9.6%	49,6 k €	-77.1%	216,4 k €	+1747%	11,7 k €	-53.8%	25,4 k €	-32.2%	37,4 k €	-38.7%	60,9 k €	+27.1%	48 k €	-1.2%	48,5 k €	-29.0%	68,4 k €	-74.3%	265,7 k €	+259%	74 k €	-48.7%	144,3 k €	+106%	70,1 k €	-10.6%	78,5 k €	+7.0%	73,4 k €	+51.4%	48,5 k €	-31.4%	70,7 k €	+12.8%	62,7 k €	-1.0%	63,3 k €
EBITDA	43,3 k €	-12.6%	49,6 k €	-76.7%	212,4 k €	+1713%	11,7 k €	-37.7%	18,8 k €	-40.0%	31,3 k €	-42.6%	54,6 k €	+25.5%	43,5 k €	+7.8%	40,4 k €	-37.5%	64,6 k €	-75.2%	260,9 k €	+277%	69,2 k €	-50.0%	138,5 k €	+117%	63,9 k €	-12.7%	73,1 k €	+7.9%	67,8 k €	+54.8%	43,8 k €	-32.2%	64,5 k €	+11.8%	57,7 k €	-1.0%	58,3 k €
Operating result	-66,9 k €	-261%	-18,5 k €	-110%	188 k €	+297%	-95,6 k €	-799%	-10,6 k €	-714%	1,7 k €	+109%	-19,7 k €	+51.6%	-40,8 k €	-451%	-7,4 k €	-80.2%	-4,1 k €	-102%	214,3 k €	+832%	23 k €	-76.8%	98,9 k €	+326%	23,2 k €	-31.6%	34 k €	+18.1%	28,8 k €	+88.3%	15,3 k €	-58.1%	36,5 k €	+23.0%	29,6 k €	-3.5%	30,7 k €
Net result	-102,2 k €	-177%	-36,9 k €	-128%	133,7 k €	+237%	-97,4 k €	-693%	-12,3 k €	-6524%	-185,6 €	+99.2%	-23,6 k €	+42.8%	-41,3 k €	-553%	-6,3 k €	+33.1%	-9,5 k €	-42.7%	-6,6 k €	-145%	14,8 k €	-81.9%	81,7 k €	+441%	15,1 k €	+30.9%	11,5 k €	+40.6%	8,2 k €	+272%	2,2 k €	-90.3%	22,7 k €	+69.9%	13,4 k €	+12.8%	11,9 k €
Balance sheet
Equity	24 k €	-81.0%	126,1 k €	-22.7%	163 k €	+455%	29,4 k €	-73.5%	110,7 k €	-10.0%	123 k €	-0.2%	123,2 k €	-16.1%	146,8 k €	-64.8%	417,4 k €	-1.5%	423,7 k €	-2.2%	433,2 k €	+45.9%	297 k €	+5.2%	282,2 k €	+40.8%	200,5 k €	+8.1%	185,4 k €	+6.6%	173,8 k €	+5.0%	165,6 k €	+1.3%	163,4 k €	+16.1%	140,7 k €	+10.5%	127,3 k €
Total assets	2,8 M €	+13.4%	2,5 M €	+129%	1,1 M €	+11.2%	971,3 k €	+127%	428,1 k €	-19.0%	528,3 k €	-6.6%	565,6 k €	-11.3%	638 k €	-19.0%	787,8 k €	+28.6%	612,7 k €	-8.1%	666,8 k €	+39.3%	478,7 k €	+1.1%	473,6 k €	+6.0%	446,6 k €	-3.2%	461,2 k €	-7.1%	496,3 k €	+18.1%	420,3 k €	-8.4%	458,6 k €	-5.3%	484,5 k €	-3.0%	499,6 k €
Cash	8,6 k €	+15.6%	7,4 k €	-96.9%	238,6 k €	+4203%	5,5 k €	-6.8%	6 k €	-15.2%	7 k €	+38.7%	5,1 k €	+11.4%	4,5 k €	+15.7%	3,9 k €	-52.7%	8,3 k €	-96.3%	223,9 k €	+1680%	12,6 k €	-84.5%	81 k €	+1727%	4,4 k €	+201%	1,5 k €	-65.0%	4,2 k €	+281%	1,1 k €	-82.4%	6,3 k €	+36.7%	4,6 k €	+191%	1,6 k €
Debts	2,7 M €	+19.4%	2,3 M €	+174%	821,3 k €	-8.6%	898,7 k €	+250%	256,6 k €	-25.1%	342,4 k €	-9.3%	377,5 k €	-11.0%	424,1 k €	+43.6%	295,3 k €	+156%	115,5 k €	-27.9%	160,1 k €	-11.9%	181,8 k €	-5.1%	191,5 k €	-22.2%	246,2 k €	-10.6%	275,4 k €	-14.6%	322,5 k €	+26.6%	254,7 k €	-13.7%	295,2 k €	-14.1%	343,8 k €	-7.7%	372,3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 17 ended

Active mandates

ELZBIETA ZAPISEK

Managing director · since 21 mars 2022

Active

MARTYNA ZAPISEK

Director · since 21 mars 2022

Active

WOJCIECH ZAPISEK

Director · since 21 mars 2022

Active

Ended mandates

Amin RAJAN

Managing director · since 08 mai 2015 · until 05 mai 2021

Ended

Amin RAJAN

Managing director · since 05 mai 2015 · until 05 mai 2021

Ended

Karim RAJAN

Director · since 05 mai 2015 · until 05 mai 2021

Ended

Mehdi RAJAN

Director · since 05 mai 2015 · until 05 mai 2021

Ended

At this address

Other companies at this address

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ALGO INVEST● Active	0460.822.551
ELVOTRAV● Active	0465.675.125
IMMO DEVELOPMENT DAVID● Active	0684.833.262
mc trav● Active	0896.194.183

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	28/08/2026	13/08/2025	29/08/2024	04/07/2023	19/05/2022	20/08/2021
General meeting	18/05/2026	21/05/2025	15/05/2024	17/05/2023	03/05/2022	04/05/2021
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

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	18/05/2026	28/08/2026	French	PDF
Micro model	31/12/2024	21/05/2025	13/08/2025	French	PDF
Micro model	31/12/2023	15/05/2024	29/08/2024	French	PDF
Micro model	31/12/2022	17/05/2023	04/07/2023	French	PDF
Micro model	31/12/2021	03/05/2022	19/05/2022	French	PDF
Micro model	31/12/2020	04/05/2021	20/08/2021	French	PDF
Micro model	31/12/2019	05/05/2020	12/01/2021	French	PDF
Micro modelCorrection	31/12/2018	07/05/2019	16/09/2019	French	PDF
Micro model	31/12/2018	07/05/2019	30/08/2019	French	PDF
Micro model	31/12/2017	30/06/2018	28/09/2018	French	PDF
Micro model	31/12/2016	02/05/2017	04/12/2017	French	PDF
Abridged modelCorrection	31/12/2015	03/05/2016	12/10/2016	French	PDF
Abridged model	31/12/2015	03/05/2016	30/08/2016	French	PDF
Abridged model	31/12/2014	05/05/2015	13/10/2015	French	PDF
Abridged model	31/12/2013	06/05/2014	27/10/2014	French	PDF
Abridged model	31/12/2012	07/05/2013	25/10/2013	French	PDF
Abridged model	31/12/2011	02/05/2012	09/07/2012	French	PDF
Abridged model	31/12/2010	03/05/2011	14/09/2011	French	PDF
Abridged model	31/12/2009	02/01/2010	08/09/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	07/10/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	30/09/2008	French	PDF
Abridged model	31/12/2006	02/05/2007	03/10/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 3 active · 17 ended

Active mandates

ELZBIETA ZAPISEK

Managing director · since 21 mars 2022

Active

MARTYNA ZAPISEK

Director · since 21 mars 2022

Active

WOJCIECH ZAPISEK

Director · since 21 mars 2022

Active

Ended mandates

Amin RAJAN

Managing director · since 08 mai 2015 · until 05 mai 2021

Ended

Amin RAJAN

Managing director · since 05 mai 2015 · until 05 mai 2021

Ended

Karim RAJAN

Director · since 05 mai 2015 · until 05 mai 2021

Ended

Mehdi RAJAN

Director · since 05 mai 2015 · until 05 mai 2021

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/05/2022
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates04/11/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates30/08/2018
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Mandates14/12/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates30/04/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates15/10/2008
DEMISSIONS, NOMINATIONS
PDF
Mandates06/11/2003
DEMISSIONS, NOMINATIONS
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 2025-102,2 k €↓
2024
Annual accounts 2024-36,9 k €↓
2023
Annual accounts 2023133,7 k €↑
2022
Annual accounts 2022-97,4 k €↓
2021
Annual accounts 2021-12,3 k €↓
2020
Annual accounts 2020-185,6 €↑
2019
Annual accounts 2019-23,6 k €↑
2018
Annual accounts 2018-41,3 k €↓
2017
Annual accounts 2017-6,3 k €↑
2016
Annual accounts 2016-9,5 k €↓
2015
Annual accounts 2015-6,6 k €↓
2014
Annual accounts 201414,8 k €↓
2013
Annual accounts 201381,7 k €↑
2012
Annual accounts 201215,1 k €↑
2011
Annual accounts 201111,5 k €↑
2010
Annual accounts 20108,2 k €↑
2009
Annual accounts 20092,2 k €↓
2008
Annual accounts 200822,7 k €↑
2007
Annual accounts 200713,4 k €↑
2006
Annual accounts 200611,9 k €
31/03/1993
IncorporationPrivate limited company

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

AMEL

Overview

What does AMEL do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

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