ACTIVE

AMAJ

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Financial year 2025 · closed on 31/12/2025

Net result

63,8 k €

-47.9% YoY

Gross margin

969,7 k €

+1.6% YoY

Equity

1,7 M €

+3.6% YoY

Workforce

16,5 ETP

+17.9% YoY

What does AMAJ do?

AMAJ is a Private limited company incorporated in 2004. Its registered office is in Kinrooi. It employs on average 16,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0870.071.984

Incorporation

19/11/2004

Legal form

Private limited company

Registered office

Maasstraat (Oph) 84
3640 Kinrooi · FlandreSee on map

Contributed capital

70 000,00 €

Latest accounts

31/12/2025

Average workforce

16,5 ETP

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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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	969,7 k €	+1.6%	954,7 k €	-6.8%	1 M €	+22.0%	839,7 k €	+38.6%	605,7 k €	+45.3%	417 k €	-38.1%	673,6 k €	-15.6%	797,7 k €	+6.4%	749,9 k €	-11.9%	851,2 k €	+0.8%	844,7 k €	-1.9%	860,7 k €	-14.6%	1 M €	+43.2%	703,8 k €	+22.8%	573,3 k €	-7.0%	616,7 k €	+16.1%	531,1 k €	+40.7%	377,4 k €	+29.2%	292,1 k €	+36.3%	214,3 k €
EBITDA	300,5 k €	-17.7%	365,3 k €	-6.9%	392,4 k €	+5.0%	373,8 k €	-3.7%	388,3 k €	+67.8%	231,3 k €	-10.8%	259,3 k €	-32.6%	384,7 k €	+45.9%	263,7 k €	-23.0%	342,6 k €	-4.9%	360,1 k €	+12.7%	319,7 k €	-17.6%	388,1 k €	+66.2%	233,5 k €	+0.7%	231,8 k €	-14.4%	270,9 k €	+8.5%	249,8 k €	+20.5%	207,3 k €	+36.5%	151,8 k €	+59.3%	95,3 k €
Operating result	108,2 k €	-46.1%	200,6 k €	-20.4%	251,9 k €	+33.9%	188,1 k €	-9.9%	208,7 k €	+285%	54,3 k €	-33.2%	81,3 k €	-60.0%	203,3 k €	+190%	70,2 k €	-46.4%	131,1 k €	-13.6%	151,8 k €	+39.1%	109,1 k €	-36.9%	173,1 k €	+56.1%	110,8 k €	+35.1%	82 k €	-25.4%	110 k €	-2.7%	113 k €	+9.0%	103,7 k €	+98.3%	52,3 k €	+93.5%	27 k €
Net result	63,8 k €	-47.9%	122,5 k €	-27.5%	168,9 k €	+38.4%	122 k €	-24.2%	161 k €	+321%	38,3 k €	+5.6%	36,2 k €	-65.8%	106 k €	+4524%	2,3 k €	-88.4%	19,7 k €	-44.0%	35,2 k €	+834%	3,8 k €	-92.1%	47,8 k €	+259%	13,3 k €	-49.2%	26,1 k €	-26.4%	35,5 k €	-26.9%	48,6 k €	+20.3%	40,4 k €	+575%	6 k €	+683%	763,9 €
Balance sheet
Equity	1,7 M €	+3.6%	1,6 M €	+7.9%	1,5 M €	+12.6%	1,3 M €	+9.4%	1,2 M €	+14.1%	1,1 M €	+3.2%	1 M €	+3.1%	995,2 k €	+15.5%	861,9 k €	-0.4%	865,1 k €	+1.7%	850,9 k €	+3.6%	821,2 k €	-0.2%	822,9 k €	+1.5%	810,6 k €	+168%	302,8 k €	+7.3%	282,2 k €	+17.7%	239,7 k €	+21.9%	196,6 k €	+36.4%	144,2 k €	+0.3%	143,7 k €
Total assets	3,2 M €	+40.2%	2,3 M €	+13.1%	2 M €	+1.6%	2 M €	-3.1%	2 M €	+6.2%	1,9 M €	-8.7%	2,1 M €	-6.3%	2,3 M €	-8.4%	2,5 M €	-7.1%	2,6 M €	-3.8%	2,8 M €	-6.6%	2,9 M €	-7.7%	3,2 M €	-6.0%	3,4 M €	+121%	1,5 M €	+0.6%	1,5 M €	+12.5%	1,4 M €	-3.6%	1,4 M €	-0.6%	1,4 M €	+29.7%	1,1 M €
Cash	226 k €	-30.6%	325,7 k €	-11.7%	368,7 k €	+26.8%	290,7 k €	+5.6%	275,4 k €	+1710%	15,2 k €	-74.4%	59,6 k €	+10.2%	54 k €	+3.3%	52,3 k €	+41.4%	37 k €	+53.0%	24,2 k €	-11.7%	27,4 k €	-39.8%	45,5 k €	-7.9%	49,4 k €	-30.9%	71,5 k €	+2.3%	70 k €	-11.5%	79,1 k €	-5.4%	83,5 k €	+169%	31,1 k €	-54.3%	68 k €
Debts	1,5 M €	+127%	669,5 k €	+28.1%	522,5 k €	-19.5%	648,9 k €	-21.1%	822 k €	-3.6%	852,6 k €	-20.3%	1,1 M €	-14.0%	1,2 M €	-22.2%	1,6 M €	-10.3%	1,8 M €	-6.3%	1,9 M €	-10.6%	2,1 M €	-10.3%	2,4 M €	-8.3%	2,6 M €	+110%	1,2 M €	-0.3%	1,2 M €	+10.7%	1,1 M €	-7.0%	1,2 M €	-5.5%	1,3 M €	+34.2%	946,6 k €
Other
Workforce	16,5 ETP	+17.9%	14,0 ETP	-12.5%	16,0 ETP	+19.4%	13,4 ETP	+97.1%	6,8 ETP	-24.4%	9,0 ETP	-18.2%	11,0 ETP	+0.9%	10,9 ETP	-11.4%	12,3 ETP	0.0%	12,3 ETP	+4.2%	11,8 ETP	-13.2%	13,6 ETP	-16.0%	16,2 ETP	+35.0%	12,0 ETP	+41.2%	8,5 ETP	0.0%	8,5 ETP	+18.1%	7,2 ETP	+46.9%	4,9 ETP	+19.5%	4,1 ETP	-6.8%	4,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

JOHANNA HENKENS

Administrator - manager

Active

JOS FRANSSEN

Administrator - manager

Active

Ended mandates

Johanna Henkens

Manager · since 19 novembre 2004

Ended

Jozef Franssen

Manager · since 19 novembre 2004

Ended

ANOEK FRANSSEN

Manager

Ended

AXELLE FRANSSEN

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	22/07/2026	27/06/2025	13/07/2024	28/07/2023	13/08/2022	14/08/2021
General meeting	01/06/2026	02/06/2025	03/06/2024	05/06/2023	02/08/2022	02/08/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	01/06/2026	22/07/2026	Dutch	PDF
Abridged model	31/12/2024	02/06/2025	27/06/2025	Dutch	PDF
Abridged model	31/12/2023	03/06/2024	13/07/2024	Dutch	PDF
Abridged model	31/12/2022	05/06/2023	28/07/2023	Dutch	PDF
Abridged model	31/12/2021	02/08/2022	13/08/2022	Dutch	PDF
Abridged model	31/12/2020	02/08/2021	14/08/2021	Dutch	PDF
Abridged model	31/12/2019	29/06/2020	26/07/2020	Dutch	PDF
Abridged model	31/12/2018	03/06/2019	07/08/2019	Dutch	PDF
Abridged model	31/12/2017	04/06/2018	01/08/2018	Dutch	PDF
Abridged model	31/12/2016	05/06/2017	29/08/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	17/08/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	21/08/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	05/08/2013	Dutch	PDF
Abridged modelCorrection	31/12/2011	04/06/2012	28/08/2012	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	21/06/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	28/07/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	27/07/2010	Dutch	PDF
Abridged model	31/12/2008	01/06/2009	08/02/2010	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	20/08/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	26/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 2 active · 8 ended

Active mandates

JOHANNA HENKENS

Administrator - manager

Active

JOS FRANSSEN

Administrator - manager

Active

Ended mandates

Johanna Henkens

Manager · since 19 novembre 2004

Ended

Jozef Franssen

Manager · since 19 novembre 2004

Ended

ANOEK FRANSSEN

Manager

Ended

AXELLE FRANSSEN

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring16/01/2023
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring27/10/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring04/04/2013
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring26/11/2012
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Other01/12/2004
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 202563,8 k €↓
2024
Annual accounts 2024122,5 k €↓
2023
Annual accounts 2023168,9 k €↑
2022
Annual accounts 2022122 k €↓
2021
Annual accounts 2021161 k €↑
2020
Annual accounts 202038,3 k €↑
2019
Annual accounts 201936,2 k €↓
2018
Annual accounts 2018106 k €↑
2017
Annual accounts 20172,3 k €↓
2016
Annual accounts 201619,7 k €↓
2015
Annual accounts 201535,2 k €↑
2014
Annual accounts 20143,8 k €↓
2013
Annual accounts 201347,8 k €↑
2012
Annual accounts 201213,3 k €↓
2011
Annual accounts 201126,1 k €↓
2010
Annual accounts 201035,5 k €↓
2009
Annual accounts 200948,6 k €↑
2008
Annual accounts 200840,4 k €↑
2007
Annual accounts 20076 k €↑
2006
Annual accounts 2006763,9 €
19/11/2004
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

AMAJ

Overview

What does AMAJ do?

Trend over 20 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