Equity
€116,144 ▲ 90.0%
Equity rose in 2025 from €61,126 to €116,144.
A.G.S. LIEGE
Lifetime
3 annual accounts with figures on one time axispeak €548,845 (2025)
€548,845▲ 24.9%
lowest -€1,899 (2023)
€55,018▲ 3.8%
peak €116,144 (2025)
€116,144▲ 90.0%
€381,007▲ 1.4%
Board2 names since 2023
2 directorsGALSTIAN,Arman and 1 other
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Gross margin from €439,431 to €548,845Equity from €61,126 to €116,144Cash from €143,120 to €99,801
Key points
from the 2025 annual accountsTurnover
≈ €1.6m estimated
The micro format states no turnover.
Debts
€381,007 77% of the balance sheet
Financial debts 53%Suppliers 13%Taxes and wages 18%Other 16%
Of this, €180,480 falls due within a year.
Staff
16 employees on 31-12-2025
In 2025, 44 people joined and 41 left.
Filings
3 annual accounts 2 late
The 2024 accounts came latest: 61 days after the end of the period.
Position in the sector
€55,018
Higher net result than 90% of companies in food and beverage service. Sector median €4,882 · 17,121 companies.
Checked score
56
Fair
Financially stronger than 63% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.0%lowest value
01-2025: 1.0%● unchanged vs 12-2024
02-2025: 1.0%● unchanged vs 01-2025
03-2025: 1.0%● unchanged vs 02-2025
04-2025: 1.0%● unchanged vs 03-2025
05-2025: 1.0%● unchanged vs 04-2025
06-2025: 1.1%▲ +0.1 percentage points vs 05-2025
07-2025: 1.2%▲ +0.1 percentage points vs 06-2025
08-2025: 1.7%▲ +0.5 percentage points vs 07-2025
09-2025: 1.9%▲ +0.2 percentage points vs 08-2025
10-2025: 2.7%▲ +0.8 percentage points vs 09-2025highest value
11-2025: 2.2%▼ -0.5 percentage points vs 10-2025
12-2025: 2.2%● unchanged vs 11-2025
01-2026: 2.2%● unchanged vs 12-2025
02-2026: 2.2%● unchanged vs 01-2026
03-2026: 2.2%● unchanged vs 02-2026
04-2026: 2.2%● unchanged vs 03-2026
05-2026: 2.4%▲ +0.2 percentage points vs 04-2026
06-2026: 2.3%▼ -0.1 percentage points vs 05-2026
07-2026: 2.3%● unchanged vs 06-2026
08-2026: 1.8%▼ -0.5 percentage points vs 07-2026
09-2026: 1.8%● unchanged vs 08-2026
10-2026: 1.8%● unchanged vs 09-2026
11-2026: 1.8%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
Founded in 2023
1 of the last 3 accounts late
lowers risk
Liquidity: current ratio 1.58, cash €99,801
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 44% of them on solvency, 63% on liquidity, 59% on profitability and 88% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 7,976 companies had the same profile as A.G.S. LIEGE has now. Each dot stands for 20 companies, two years later.
94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of A.G.S. LIEGE itself: 1.8% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,976 companies, not a prediction for A.G.S. LIEGE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.58 (1.4 in 2024), above the usual 1.5. Short-term debt is 36.3% and cash 20.1% of total assets. However, 76.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
on the day
2024
61 days late
2023
27 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 29 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (3 of the last 3 accounts filed within 33 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- GALSTYAN,Abel Sargis 50 sharesdeed of 14-06-2023
- GALSTIAN,Arman 50 sharesdeed of 14-06-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0802642435
First establishment
O'Tacos Liège, Boulevard d'Avroy 180-182, Liège
Incorporation
Founding capital of €10,000, 100 shares · Founders: GALSTYAN, Abel Sargis; GALSTIAN, Arman · Appointments: GALSTYAN, Abel Sargis (director) and GALSTIAN, Arman (director) · published on 14-06-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| A.G.S. LIEGE Fléron | €497,151 | €548,845 | 23.4% | - |
| BOUCHE ATELIER Etterbeek | €540,624 | €448,522 | 46.8% | 6.4 |
| MAYONNAISE Chaudfontaine | €374,004 | €517,138 | 20.1% | - |
| OHUY Grâce-Hollogne | €524,910 | €389,011 | 20.1% | - |
| Het friethuis Kampenhout Kampenhout | €402,304 | €591,715 | 30.0% | 11.1 |
| CHEZ FRANZ Forest | €423,334 | €459,591 | 2.9% | - |
| MC RESTAURANT Tournai | €475,621 | €688,650 | 27.1% | 13.7 |
These companies have the same main activity as A.G.S. LIEGE: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €374,000 and €541,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 12-06-2023Normal situation
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Establishment unit
- 2.354.758.6374000 Liège, since 26-01-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 03-07-2025
Annual accounts 2025
- €497,151▲ 13.8%
- Employeeson 31-12-2025
- 16▲ 23.1%
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on A.G.S. LIEGE
A.G.S. LIEGE files the micro format. That format states no turnover. The gross margin rose from -€1,437 in 2023 to €548,845 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about A.G.S. LIEGE
- What is the company number of A.G.S. LIEGE?
- The company number of A.G.S. LIEGE is 0802.642.435. The VAT number is the same number with BE in front: BE 0802.642.435.
- Where is A.G.S. LIEGE based?
- The registered office is at Avenue des Martyrs 296, 4620 Fléron.Company details
- What does A.G.S. LIEGE do?
- According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
- What is the legal form of A.G.S. LIEGE?
- A.G.S. LIEGE is a private limited company (BV).
- When was A.G.S. LIEGE founded?
- A.G.S. LIEGE was founded on 12-06-2023.
- Is A.G.S. LIEGE still active?
- Yes, A.G.S. LIEGE is an active enterprise in the KBO register.
- How many employees does A.G.S. LIEGE have?
- A.G.S. LIEGE had an average of 9.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of A.G.S. LIEGE?
- The turnover in financial year 2025 is ≈ €1.6m. This figure is estimated from the gross margin of €548,845 and 37 comparable companies (NACE 56112). It probably lies between €1.3m and €1.7m.
- Is A.G.S. LIEGE profitable?
- In financial year 2025, A.G.S. LIEGE made a profit of €55,018.
- Where can I find the annual accounts of A.G.S. LIEGE?
- A.G.S. LIEGE filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of A.G.S. LIEGE due?
- A.G.S. LIEGE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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