A.G.E.C Construct
ActiveA.G.E.C Construct has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €804k and a net result of €216k. Equity is growing by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 47% of 334 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
86
/ 100
Excellent▼ -8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency78▼-5
Growth78▲+20
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 1.9 against 2.1 in 2023), but 65.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
34.4%
Return on assets
9.2%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-09-2025, 59 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
59 d late
2023
17 d late
2022
25 d late
2021
74 d late
2020
9 d early
2019
60 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€216k▼ 73.6%
2023 · €816k
2018: €-648k
2019: €-648k
2020: €124k
2021: €265k
2022: €-840k
2023: €816k
2018 → 2024
Working capital
€1.03M▲ 23.9%
2023 · €833k
2018: €-130k
2019: €-411k
2020: €-269k
2021: €347k
2022: €-491k
2023: €833k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€405k-€648k▲ 60.2%€-204k€600k€804k▲ 33.9%
Operating result€259k-€403k▲ 55.2%€76k▼ 81.2%€1.18M▲ 1,453%€281k▼ 76.2%
Net result€124k-€265k▲ 114%€-840k€816k€216k▼ 73.6%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 76% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.34M
Fixed assets
€156k▲ 23.1%
Current assets
€2.18M▲ 37.2%
Equity and liabilities €2.34M
Equity
€804k▲ 33.9%
Provisions
€359k=
Debt
€1.17M▲ 55.2%
The debt ratio rises from 44.0% to 50.2%: debt grows faster than equity.
Key figures and ratios
EBITDA
€288k▼
2023 · €1.18M
Cash flow
€223k▼
2023 · €823k
Solvency
34.4%▼
2023 · 35.0%
Current ratio
1.90▼
2023 · 2.10
Quick ratio
1.90▼
2023 · 2.10
Debt / equity
1.46▲
2023 · 1.26
ROE
26.8%▼
2023 · 135.9%
ROA
9.2%▼
2023 · 47.6%
Interest coverage
39.88▲
2023 · 10.28
Debt
€1.17M▲
2023 · €755k
Debt ≤ 1 year
€1.15M▲
2023 · €755k
Income taxes
€88k▲
2023 · €30k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.71M€2.34M▲
Fixed assets21/28€126k€156k▲
Tangible fixed assets22/27€27k€56k▲
Land and buildings22€22k€20k▼
Plant, machinery and equipment23€878€5k▲
Furniture and vehicles24€4k€32k▲
Financial fixed assets28€99k€99k=
Current assets29/58€1.59M€2.18M▲
Amounts receivable within one year40/41€1.48M€2.14M▲
Trade receivables40€8k-
Other amounts receivable41€1.47M€2.14M▲
Cash at bank and in hand54/58€106k€37k▼
Deferred charges and accrued income490/1€233€677▲
Equity and liabilities
Total equity and liabilities10/49€1.71M€2.34M▲
Equity10/15€600k€804k▲
Contributions10/11€85k€85k=
Reserves13€756k€756k=
Non-distributable reserves130/1€9k€9k=
Reserves not available under the articles1311€9k€9k=
Tax-exempt reserves132€748k€748k=
Profit (loss) carried forward14€-423k€-207k▲
Investment grants15€182k€170k▼
Provisions and deferred taxes16€359k€359k=
Provisions for liabilities and charges160/5€110k€110k=
Other liabilities and charges164/5€110k€110k=
Deferred taxes168€249k€249k=
Amounts payable17/49€755k€1.17M▲
Amounts payable within one year42/48€755k€1.15M▲
Trade debts44€664k€1.03M▲
Suppliers440/4€664k€1.03M▲
Advances received on contracts in progress46€40k-
Taxes, remuneration and social security45€51k€121k▲
Taxes450/3€51k€121k▲
Accrued charges and deferred income492/3€139€25k▲
Income statement
Code20232024
Remuneration, social security and pensions62€328-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€164k-
Other operating charges640/8€23k€3k▼
Gross operating margin9900€1.37M€291k▼
Operating profit (loss)9901€1.18M€281k▼
Financial income75/76B€32k€30k▼
Recurring financial income75€32k€30k▼
Financial charges65/66B€115k€7k▼
Recurring financial charges65€115k€7k▼
Profit (loss) for the period before taxes9903€1.09M€303k▼
Transfer to deferred taxes680€249k-
Income taxes67/77€30k€88k▲
Profit (loss) for the period9904€816k€216k▼
Transfer to tax-exempt reserves689€748k-
Profit (loss) for the period to be appropriated9905€68k€216k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-423k€-207k▲
Profit (loss) brought forward from the previous period14P€-491k€-423k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 59 days late
2024
17-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 17 days late
2023
31-12
Financial
Back to profitnet €816k
Net result €816k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 2.10
Current ratio from 0.77 to 2.10; short-term debt falls from €2.13M to €755k.
31-12
Financial
Equity above €500kEq €600k
Equity rises from €-204k to €600k.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 25 days late
2022
31-12
Financial
Weakest financial yearnet €-840k ▼417%
Net result drops to €-840k, the lowest in the series; recovery starts the following year.
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 74 days late
2021
31-12
Financial
Equity above €500kEq €648k ▲60.2%
2 profitable years in a row build equity to €648k.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €124k
Net result €124k after 2 loss-making years.
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 60 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
22-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
14-12-2023
Resigned as Director
Location & real-estate footprint
Registered office, Wanze · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Chaussée de Tirlemont(WAN) 2304520 WanzeGround area
7,376 m²
Building footprint
1,157 m²
Volume, LiDAR
10,381 m³
2 parcels, Wallonia · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de la Science 16, 4530 Villers-le-Bouillet
since 20102.183.828.009
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61068A0483/00K000 | Wallonia | 5,720 m² | 1 · 1,061 m² | 9.8 m · 3 fl. |
| 61070A0330/00M000 | Wallonia | 1,656 m² | 1 · 97 m² | 11.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
3 categoriesA.G.E.C Construct SRL34593
Legal Entity Identifier
549300AKC3CN782VFC45
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Of 2,316 companies in sector 42110 we hold annual accounts for 1,088. 725 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded22-12-2009
Fiscal year end31-12
Activities, NACEBEL
42110Construction of roads and motorways
42211Civil engineering
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.