AG auto
ActiveSummary
The computed 12-month bankruptcy probability of AG auto is 4.5% (elevated). The 2024 annual accounts show negative equity (-€17,421) and a net result of -€3,921. Equity is shrinking by ~63.9% per year across the filed fiscal years. Its solvency ranks better than 8% of 26040 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 3 accounts on average 106 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 7,657 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.5% 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 497,662 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% | 1.7% |
| 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 75% 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 7,657 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.
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €4,965 | €17,000 | €17,261 | ▲ 1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €1,100 | €1,667 | ▲ 51.5% |
| Other operating charges640/8 | - | €384 | - | - |
| Gross operating margin9900 | -€188 | -€4,801 | €15,289 | ▲ 418% |
| Operating profit (loss)9901 | -€5,153 | -€23,285 | -€3,638 | ▲ 84.4% |
| Financial income75/76B | - | - | €25 | - |
| Recurring financial income75 | - | - | €25 | - |
| Financial charges65/66B | - | €147 | €308 | ▲ 110% |
| Recurring financial charges65 | - | €147 | €308 | ▲ 110% |
| Profit (loss) for the period before taxes9903 | -€5,153 | -€23,432 | -€3,921 | ▲ 83.3% |
| Profit (loss) for the period9904 | -€5,153 | -€23,432 | -€3,921 | ▲ 83.3% |
| Profit (loss) for the period to be appropriated9905 | -€5,153 | -€23,432 | -€3,921 | ▲ 83.3% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €10,966 | €8,503 | €14,734 | ▲ 73.3% |
| Fixed assets21/28 | - | €3,900 | €2,233 | ▼ 42.7% |
| Tangible fixed assets22/27 | - | €3,900 | €2,233 | ▼ 42.7% |
| Leasing and similar rights25 | - | €3,900 | €2,233 | ▼ 42.7% |
| Current assets29/58 | €10,966 | €4,604 | €12,501 | ▲ 172% |
| Stocks and contracts in progress3 | - | - | €248 | - |
| Stocks30/36 | - | - | €248 | - |
| Amounts receivable within one year40/41 | - | - | €5,269 | - |
| Trade receivables40 | - | - | €5,269 | - |
| Cash at bank and in hand54/58 | €10,966 | €4,354 | €6,685 | ▲ 53.5% |
| Deferred charges and accrued income490/1 | - | €250 | €299 | ▲ 19.9% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €10,966 | €8,503 | €14,734 | ▲ 73.3% |
| Equity10/15 | €4,847 | -€18,585 | -€17,421 | ▲ 6.3% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | -€5,153 | -€28,585 | -€27,421 | ▲ 4.1% |
| Amounts payable17/49 | €6,119 | €27,088 | €32,155 | ▲ 18.7% |
| Amounts payable within one year42/48 | €6,119 | €27,088 | €32,155 | ▲ 18.7% |
| Current portion of amounts payable after more than one year42 | - | €1,282 | - | - |
| Trade debts44 | €1,350 | €9,846 | €5,443 | ▼ 44.7% |
| Suppliers440/4 | €1,350 | €9,846 | €5,443 | ▼ 44.7% |
| Taxes, remuneration and social security45 | €1,770 | €15,459 | €19,055 | ▲ 23.3% |
| Taxes450/3 | €249 | €1,516 | €7,272 | ▲ 380% |
| Remuneration and social security454/9 | €1,520 | €13,942 | €11,783 | ▼ 15.5% |
| Other amounts payable47/48 | €3,000 | €502 | €7,657 | ▲ 1,425% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,153 | -€23,432 | -€3,921 | ▲ 83.3% |
| + Depreciation and write-downs630 | - | €1,100 | €1,667 | ▲ 51.5% |
| Operating cash flow (approximation) | -€5,153 | -€22,332 | -€2,254 | ▲ 89.9% |
| Investment in fixed assets (approximation) | - | - | €0 | - |
| Change in cash | - | -€6,612 | €2,331 | ▲ 135% |
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
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002C0073/00N009 | Flanders | 1.1 ha | 1 · 865 m² | 42.8 m · 14 fl. |
| 62059A0392/00V005 | Wallonia | 550 m² | 1 · 200 m² | 6.8 m · 2 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.