A.GAIN
ActiveSummary
A.GAIN has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €59,650. Equity is growing by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 87% of 14220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▲+28
Solvency100▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85,000 at 30 days acceptable
Liquidity ample (current ratio 5.37 against 2.68 in 2024; short-term debt: 12.4% and cash: 5% of total assets), and 16.3% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
83.7%
Return on assets
4.6%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 16-02-2026, 73 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
73 d early
2024
36 d early
2023
60 d early
2022
17 d early
2021
1 d early
2020
1 d early
2019
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 27 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
In the rankings
#7 oldest company in Lasne, Real estate sector
Equity
€1.1m▲ 5.9%
2024 · €1.0m
Total assets
€1.3m▼ 10.9%
2024 · €1.4m
Net result
€59,650▲ 12.7%
2024 · €52,909
Working capital
€693,346▲ 9.9%
2024 · €630,792
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€12,145▼ 98.6%€5,293▼ 56.4%€16,062▲ 203%-€8,842€5,300
Net result€8,967within the sector's middle half▼ 98.6%-€48,452below the sector's middle half€6,535within the sector's middle half€52,909above the sector's middle half▲ 710%€59,650above the sector's middle half▲ 12.7%
Equity€1.0mabove the sector's middle half▲ 0.9%€954,951above the sector's middle half▼ 4.8%€961,487above the sector's middle half▲ 0.7%€1.0mabove the sector's middle half▲ 5.5%€1.1mabove the sector's middle half▲ 5.9%
Total assets€1.4mabove the sector's middle half▼ 12.2%€1.4mabove the sector's middle half▼ 4.5%€1.4mabove the sector's middle half▲ 0.9%€1.4mabove the sector's middle half▲ 5.1%€1.3mabove the sector's middle half▼ 10.9%
Debt€204,340▼ 50.3%€189,016▼ 7.5%€194,398▲ 2.8%€425,339▲ 119%€209,288▼ 50.8%
Working capital€827,687▼ 20.7%€781,404▼ 5.6%€790,981▲ 1.2%€630,792▼ 20.3%€693,346▲ 9.9%
Solvency70.6%above the sector's middle half▲ 9.2pp70.3%above the sector's middle half▼ 0.3pp70.2%above the sector's middle half▼ 0.1pp70.5%above the sector's middle half▲ 0.2pp83.7%above the sector's middle half▲ 13.2pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €5,300 after a loss of €8,842 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets
€431,149 ▼ 0.7%
Current assets
€852,184 ▼ 15.3%
Equity and liabilities €1.3m
Equity
€1.1m ▲ 5.9%
Debt
€209,288 ▼ 50.8%
Debt's share of the balance-sheet total falls from 29.5% to 16.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€8,205▲
2024 · -€5,833
Cash flow
€62,554▲
2024 · €55,918
Current ratio
5.37▲
2024 · 2.68
Debt to equity
0.19▼
2024 · 0.42
ROE
5.6%▲
2024 · 5.2%
ROA
4.6%▲
2024 · 3.7%
Interest coverage
10.25▲
2024 · 0.08
Debt ≤ 1 year
€158,838▼
2024 · €374,889
Debt > 1 year
€50,450=
2024 · €50,450
Income taxes
€22,714▼
2024 · €226,061
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,684 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,684 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,956 | €3,020 | €3,042 | €3,009 | €2,904 | ▼ 3.5% |
| Other operating charges640/8 | €8,302 | €4,317 | €5,649 | €6,548 | €5,762 | ▼ 12.0% |
| Gross operating margin9900 | €23,403 | €12,630 | €24,753 | €715 | €13,966 | ▲ 1,853% |
| Operating profit (loss)9901 | €12,145 | €5,293 | €16,062 | -€8,842 | €5,300 | ▲ 160% |
| Financial income75/76B | €612 | - | €631 | €508 | €77,864 | ▲ 15,240% |
| Recurring financial income75 | €612 | - | €631 | €508 | €77,864 | ▲ 15,240% |
| Financial charges65/66B | €447 | €52,287 | €5,759 | -€73,710 | €800 | ▲ 101% |
| Recurring financial charges65 | €447 | €52,287 | €5,759 | -€73,710 | €800 | ▲ 101% |
| Profit (loss) for the period before taxes9903 | €12,310 | -€46,994 | €10,934 | €65,375 | €82,363 | ▲ 26.0% |
| Transfer from deferred taxes780 | - | - | - | €213,594 | - | - |
| Income taxes67/77 | €3,343 | €1,458 | €4,399 | €226,061 | €22,714 | ▼ 90.0% |
| Profit (loss) for the period9904 | €8,967 | -€48,452 | €6,535 | €52,909 | €59,650 | ▲ 12.7% |
| Transfer from tax-exempt reserves789 | - | - | - | €640,783 | - | - |
| Profit (loss) for the period to be appropriated9905 | €8,967 | -€48,452 | €6,535 | €693,692 | €59,650 | ▼ 91.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €1.4m | €1.4m | €1.4m | €1.3m | ▼ 10.9% |
| Fixed assets21/28 | €439,761 | €437,592 | €434,550 | €434,053 | €431,149 | ▼ 0.7% |
| Tangible fixed assets22/27 | €439,544 | €437,375 | €434,333 | €433,836 | €430,932 | ▼ 0.7% |
| Land and buildings22 | €439,544 | €437,375 | €434,333 | €433,836 | €430,932 | ▼ 0.7% |
| Financial fixed assets28 | €217 | €217 | €217 | €217 | €217 | = |
| Current assets29/58 | €981,576 | €919,970 | €934,929 | €1.0m | €852,184 | ▼ 15.3% |
| Amounts receivable within one year40/41 | €23,106 | €2,039 | €12,003 | €15,519 | €3,151 | ▼ 79.7% |
| Trade receivables40 | €22,936 | €2,039 | €12,003 | €15,519 | €1,592 | ▼ 89.7% |
| Other amounts receivable41 | €171 | - | - | - | €1,559 | - |
| Current investments50/53 | €175,146 | €868,479 | €863,914 | €938,258 | €784,860 | ▼ 16.3% |
| Cash at bank and in hand54/58 | €782,910 | €49,451 | €59,011 | €51,174 | €63,614 | ▲ 24.3% |
| Deferred charges and accrued income490/1 | €414 | - | - | €730 | €559 | ▼ 23.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €1.4m | €1.4m | €1.4m | €1.3m | ▼ 10.9% |
| Equity10/15 | €1.0m | €954,951 | €961,487 | €1.0m | €1.1m | ▲ 5.9% |
| Contributions10/11 | €366,882 | €366,882 | €366,882 | €366,882 | €366,882 | = |
| Capital10 | €366,882 | €366,882 | €366,882 | €366,882 | €366,882 | = |
| Issued capital100 | €366,882 | €366,882 | €366,882 | €366,882 | €366,882 | = |
| Reserves13 | €654,978 | €654,978 | €654,978 | €14,195 | €14,195 | = |
| Non-distributable reserves130/1 | €11,060 | €11,060 | €11,060 | €11,060 | €11,060 | = |
| Legal reserve130 | €11,060 | €11,060 | €11,060 | €11,060 | €11,060 | = |
| Tax-exempt reserves132 | €640,783 | €640,783 | €640,783 | - | - | - |
| Distributable reserves133 | €3,135 | €3,135 | €3,135 | €3,135 | €3,135 | = |
| Profit (loss) carried forward14 | -€18,458 | -€66,909 | -€60,374 | €633,318 | €692,968 | ▲ 9.4% |
| Provisions and deferred taxes16 | €213,594 | €213,594 | €213,594 | - | - | - |
| Deferred taxes168 | €213,594 | €213,594 | €213,594 | - | - | - |
| Amounts payable17/49 | €204,340 | €189,016 | €194,398 | €425,339 | €209,288 | ▼ 50.8% |
| Amounts payable after more than one year17 | €50,450 | €50,450 | €50,450 | €50,450 | €50,450 | = |
| Financial debts170/4 | €50,000 | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Other amounts payable178/9 | €450 | €450 | €450 | €450 | €450 | = |
| Amounts payable within one year42/48 | €153,890 | €138,566 | €143,948 | €374,889 | €158,838 | ▼ 57.6% |
| Trade debts44 | €22,287 | €3,901 | €3,494 | €18,716 | €2,532 | ▼ 86.5% |
| Suppliers440/4 | €22,287 | €3,901 | €3,494 | €18,716 | €2,532 | ▼ 86.5% |
| Taxes, remuneration and social security45 | €4,445 | €2,671 | €9,066 | €228,115 | €22,714 | ▼ 90.0% |
| Taxes450/3 | €4,445 | €2,671 | €9,066 | €228,115 | €22,714 | ▼ 90.0% |
| Other amounts payable47/48 | €127,159 | €131,993 | €131,388 | €128,058 | €133,592 | ▲ 4.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,967 | -€48,452 | €6,535 | €52,909 | €59,650 | ▲ 12.7% |
| + Depreciation and write-downs630 | €2,956 | €3,020 | €3,042 | €3,009 | €2,904 | ▼ 3.5% |
| Operating cash flow (approximation) | €11,924 | -€45,432 | €9,577 | €55,918 | €62,554 | ▲ 11.9% |
| Investment in fixed assets (approximation) | - | -€851 | €0 | -€2,512 | €0 | ▲ 100% |
| Change in cash | - | -€733,459 | €9,560 | -€7,838 | €12,440 | ▲ 259% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Equity above €1mEq €1.0m ▲5.5%
2 profitable years in a row build equity to €1.0m.
01-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €6,535
Net result €6,535 after one loss-making year.
13-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Weakest financial yearnet -€48,452
Net result drops to -€48,452, the lowest in the series; recovery starts the following year.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Equity above €1mEq €1.0m ▲0.9%
4 profitable years in a row build equity to €1.0m.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Highest result since 2018net €652,109 ▲12,178%
Operating result €877,808, net result €652,109, both a record.
30-09
Financial
Liquidity times 5current ratio 8.86
Current ratio from 1.95 to 8.86; short-term debt falls from €133,018 to €132,766.
Show earlier events
30-09
Financial
Equity above €500,000Eq €994,436 ▲190%
3 profitable years in a row build equity to €994,436.
28-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lasne · 1 establishment unit since 1992
Ground area
1.6 ha
Building footprint
363 m²
Volume, LiDAR
666 m³
2 parcels, Brussels, Wallonia · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
A. GAIN SA
since 19922.019.610.472
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25051G0143/00L000 | Wallonia | 1.6 ha | 1 · 283 m² | - |
| 21673D0142/00E011 | Brussels | 627 m² | 1 · 80 m² | 14.2 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
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
Legal Entity Identifier
549300QG3Z10C0VFWG48
Similar companies · same sector, comparable size
TREVI WALLONIE
BE 0811.617.311
Brussel · Eq €1,073,805
OFFICENTER MECHELEN
BE 0423.356.894
Mechelen · Eq €1,073,339
Agence Verburgh
BE 0405.229.574
Blankenberge · Eq €1,073,287
IMMO MARC
BE 0449.593.515
Ninove · Eq €1,075,177
WONINGZORG R.W.Z.
BE 0430.985.450
Mechelen · Eq €1,075,353
Of 11,757 companies in sector 68310 we hold annual accounts for 6,907. 3,637 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded10-12-1976
Fiscal year end30-09
Activities, NACEBEL 2025
68310Real estate agency activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0417134147
Registered
10-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.