ACTIVE

AAM

Financial year 2024 · closed on 31/12/2024
Net result
255,1 k €
-25.0% YoY
Gross margin
625 k €
-21.4% YoY
Equity
1,3 M €
+4.4% YoY
Workforce
3,0 ETP
0.0% YoY

What does AAM do?

AAM is a Private limited company incorporated in 2011. Its main activity is: Construction of buildings. Its registered office is in Geel. It employs on average 3,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0838.275.582
Incorporation
02/08/2011
Legal form
Private limited company
Registered office
Winkelomseheide 223
2440 Geel · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Average workforce
3,0 ETP
Joint committees (2)
  • 124
  • 200
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202420232022202020192018201720162015201420132012
Income statement
Gross margin625 k €794,9 k €553,9 k €204,2 k €661,2 k €830,8 k €1,3 M €221 k €287,1 k €50,9 k €13,1 k €28,9 k €
EBITDA318,2 k €584,1 k €375,7 k €45 k €493,1 k €710,8 k €1 M €87,1 k €247,1 k €25,8 k €12,5 k €28,1 k €
Operating result293,8 k €510,1 k €335,7 k €36 k €478,1 k €700 k €1 M €82,2 k €242,5 k €19 k €4,9 k €4,2 k €
Net result255,1 k €340,1 k €225,5 k €23,7 k €327,1 k €477,4 k €892,9 k €70,2 k €184,2 k €12,8 k €3,5 k €3 k €
Balance sheet
Equity1,3 M €1,2 M €902,7 k €373,4 k €349,7 k €942,6 k €465,2 k €172,3 k €150 k €37,8 k €25,1 k €21,6 k €
Total assets8,8 M €6,3 M €4,8 M €5,1 M €2,4 M €2,8 M €2,1 M €297 k €271,5 k €47,3 k €33,7 k €61,2 k €
Cash368,9 k €14,2 k €466,4 k €613,9 €4,4 k €99,1 k €1 M €22,9 k €130,4 k €32,8 k €9,2 k €39,1 k €
Debts7,5 M €5 M €3,9 M €4,7 M €1,9 M €1,8 M €1,6 M €124,6 k €121,5 k €9,5 k €8,7 k €30,6 k €
Other
Workforce3,0 ETP3,0 ETP3,2 ETP3,0 ETP3,0 ETP2,8 ETP0,8 ETP1,8 ETP
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 31/12/2024 · 2 active · 15 ended

Active mandates

Castelbuild

Director · since 22 décembre 2023 · 0681.616.624

Represented by Jelle GEERITS

Active
CASTELMORE GROUP

Director · since 22 décembre 2023 · 0694.551.375

Represented by Tim NAGELS

Active

Ended mandates

Castelbuild

Director · since 22 décembre 2023 · 0681.616.624

Represented by Jelle GEERITS

Ended
CASTELMORE GROUP

Director · since 22 décembre 2023 · 0694.551.375

Represented by Tim NAGELS

Ended
Castelmore RE

Director · since 22 décembre 2023 · 0727.888.790

Represented by Jan VAN DER BEKE

Ended
Castelbuild

Director · since 14 décembre 2020 · until 14 décembre 2026 · 0681.616.624

Represented by Geert Paepen

Ended
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date25/07/202525/07/202427/07/202308/07/202222/07/202115/09/2020
General meeting30/06/202529/06/202427/06/202327/06/202222/06/202128/08/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202430/06/202525/07/2025DutchPDF
Abridged model31/12/202329/06/202425/07/2024DutchPDF
Abridged model31/12/202227/06/202327/07/2023DutchPDF
Abridged model31/12/202127/06/202208/07/2022DutchPDF
Abridged model31/12/202022/06/202122/07/2021DutchPDF
Abridged model31/12/201928/08/202015/09/2020DutchPDF
Micro model31/12/201827/06/201928/06/2019DutchPDF
Micro model31/12/201715/06/201829/06/2018DutchPDF
Abridged model30/06/201609/12/201621/12/2016DutchPDF
Abridged model30/06/201511/12/201528/12/2015DutchPDF
Abridged model30/06/201412/12/201419/12/2014DutchPDF
Abridged model30/06/201313/12/201316/12/2013DutchPDF
Abridged model30/06/201214/12/201219/12/2012DutchPDF
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 31/12/2024 · 2 active · 15 ended

Active mandates

Castelbuild

Director · since 22 décembre 2023 · 0681.616.624

Represented by Jelle GEERITS

Active
CASTELMORE GROUP

Director · since 22 décembre 2023 · 0694.551.375

Represented by Tim NAGELS

Active

Ended mandates

Castelbuild

Director · since 22 décembre 2023 · 0681.616.624

Represented by Jelle GEERITS

Ended
CASTELMORE GROUP

Director · since 22 décembre 2023 · 0694.551.375

Represented by Tim NAGELS

Ended
Castelmore RE

Director · since 22 décembre 2023 · 0727.888.790

Represented by Jan VAN DER BEKE

Ended
Castelbuild

Director · since 14 décembre 2020 · until 14 décembre 2026 · 0681.616.624

Represented by Geert Paepen

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/01/2024
    ONTSLAGEN - BENOEMINGEN - DIVERSEN
    PDF
  • Mandates09/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/11/2020
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates21/09/2018
    ONTSLAGEN - BENOEMINGEN
    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

Timeline

  1. 2024
    Annual accounts 2024255,1 k €
  2. 2023
    Annual accounts 2023340,1 k €
  3. 2022
    Annual accounts 2022225,5 k €
  4. 2020
    Annual accounts 202023,7 k €
  5. 2019
    Annual accounts 2019327,1 k €
  6. 2018
    Annual accounts 2018477,4 k €
  7. 2017
    Annual accounts 2017892,9 k €
  8. 2016
    Annual accounts 201670,2 k €
  9. 2015
    Annual accounts 2015184,2 k €
  10. 2014
    Annual accounts 201412,8 k €
  11. 2013
    Annual accounts 20133,5 k €
  12. 2012
    Annual accounts 20123 k €
  13. 02/08/2011
    IncorporationPrivate limited company