AG Group
Open bankruptcyA bankruptcy procedure is open for AG Group according to publications in the Belgian State Gazette; curator: Philippe DECHAMPS.
Summary
The 2023 annual accounts show negative equity (-€24,818) and a net result of -€12,052.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- French-language Enterprise Court of Brussels
- Declared bankrupt
- 3 February 2025
- Supervising judge
- Patrick Leemans
- Official Gazette
- 10-02-2025 (pdf) ↗search the document for 2025/105504
Deadlines
- Appeal or third-party opposition until
- passed on 25 February 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 5 March 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 12 March 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 3 February 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Philippe DechampsDreve Des Renards 8/7, 1180 Ucclephilippe@dechamps-avocat.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Two signals.
+raises risk
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the Non-specialised retail sale with food, beverages or tobacco predominating sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Turnover
€449,859▲ 305%
2021 · €111,180
EBIT margin
-2.7%▼ 11.7pp
2021 · 9.1%
Net result
-€12,052▲ 44.4%
2022 · -€21,663
Working capital
-€24,818▼ 94.4%
2022 · -€12,766
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202120222023
Turnover€111,180-€449,859
Operating result€10,072--€21,172-€12,052▲ 43.1%
Net result€8,739within the sector's middle half--€21,663below the sector's middle half-€12,052below the sector's middle half▲ 44.4%
EBIT margin9.1%--2.7%
Equity€8,897within the sector's middle half--€12,766below the sector's middle half-€24,818below the sector's middle half▼ 94.4%
Total assets€22,488below the sector's middle half-€161,659within the sector's middle half▲ 619%€568,665above the sector's middle half▲ 252%
Debt€13,591-€174,425▲ 1,183%€593,483▲ 240%
Working capital€8,897within the sector's middle half--€12,766below the sector's middle half-€24,818below the sector's middle half▼ 94.4%
Solvency39.6%within the sector's middle half--7.9%below the sector's middle half▼ 47.5pp-4.4%below the sector's middle half▲ 3.5pp
Current ratio1.65within the sector's middle half-0.93within the sector's middle half▼ 0.730.96within the sector's middle half▲ 0.03
Return on assets (ROA)38.9%above the sector's middle half--13.4%below the sector's middle half▼ 52.3pp-2.1%within the sector's middle half▲ 11.3pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, 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 stays negative: a loss of €12,052 in 2023 against €21,172 in 2022; the loss shrinks.
Key figures and ratios
Debt to equity
-23.91▼
2022 · -13.66
Debt ≤ 1 year
€593,483▲
2022 · €174,425
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Turnover70 | €111,180 | - | €449,859 | - |
| Goods, raw materials, services and sundry goods60/61 | €27,496 | - | €461,911 | - |
| Remuneration, social security and pensions62 | €72,026 | €212,453 | - | - |
| Other operating charges640/8 | €1,586 | €4,149 | - | - |
| Gross operating margin9900 | €83,684 | €195,430 | -€12,052 | ▼ 106% |
| Operating profit (loss)9901 | €10,072 | -€21,172 | -€12,052 | ▲ 43.1% |
| Financial charges65/66B | €285 | €491 | - | - |
| Recurring financial charges65 | €285 | €491 | - | - |
| Profit (loss) for the period before taxes9903 | €9,787 | -€21,663 | -€12,052 | ▲ 44.4% |
| Income taxes67/77 | €1,048 | - | - | - |
| Profit (loss) for the period9904 | €8,739 | -€21,663 | -€12,052 | ▲ 44.4% |
| Profit (loss) for the period to be appropriated9905 | €8,739 | -€21,663 | -€12,052 | ▲ 44.4% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €22,488 | €161,659 | €568,665 | ▲ 252% |
| Current assets29/58 | €22,488 | €161,659 | €568,665 | ▲ 252% |
| Amounts receivable within one year40/41 | €22,488 | €122,606 | €533,702 | ▲ 335% |
| Trade receivables40 | €22,488 | €80,000 | €457,532 | ▲ 472% |
| Other amounts receivable41 | - | €42,606 | €76,170 | ▲ 78.8% |
| Cash at bank and in hand54/58 | - | €39,053 | €34,963 | ▼ 10.5% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €22,488 | €161,659 | €568,665 | ▲ 252% |
| Equity10/15 | €8,897 | -€12,766 | -€24,818 | ▼ 94.4% |
| Reserves13 | €157 | €157 | €157 | = |
| Non-distributable reserves130/1 | €157 | €157 | €157 | = |
| Reserves not available under the articles1311 | €157 | €157 | €157 | = |
| Profit (loss) carried forward14 | €8,739 | -€12,923 | -€24,975 | ▼ 93.3% |
| Amounts payable17/49 | €13,591 | €174,425 | €593,483 | ▲ 240% |
| Amounts payable within one year42/48 | €13,591 | €174,425 | €593,483 | ▲ 240% |
| Trade debts44 | €13,591 | €64,548 | €493,196 | ▲ 664% |
| Suppliers440/4 | €13,591 | €64,548 | €493,196 | ▲ 664% |
| Taxes, remuneration and social security45 | - | €106,533 | €96,055 | ▼ 9.8% |
| Taxes450/3 | - | €4,220 | €31,211 | ▲ 640% |
| Remuneration and social security454/9 | - | €102,313 | €64,843 | ▼ 36.6% |
| Other amounts payable47/48 | - | €3,344 | €4,232 | ▲ 26.5% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,739 | -€21,663 | -€12,052 | ▲ 44.4% |
| Operating cash flow (approximation) | €8,739 | -€21,663 | -€12,052 | ▲ 44.4% |
| Change in cash | - | - | -€4,091 | - |
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
2025
10-02
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 03-02-2025
2024
21-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 113 days late
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 422 days late
2022
31-12
Financial
Weakest financial yearnet -€21,663
Net result drops to -€21,663, the lowest in the series.
30-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 152 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 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, Brussel · 1 establishment unit since 2024
Ground area
981 m²
Building footprint
797 m²
Volume, LiDAR
13,457 m³
2 parcels, Brussels · tallest building 27.7 m, ±8 floors. Linked by address, not a title deed.
472
companies at this address
See who is registered here
1 establishment unit
AG
since 20242.363.369.267
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21808H1778/00D000 | Brussels | 670 m² | 1 · 488 m² | 27.7 m · 8 fl. |
| 21523B0937/00P088 | Brussels | 311 m² | 1 · 308 m² | 16.6 m · 2 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Philippe DECHAMPS DREVE DES RENARDS 8/7,
1180 UCCLE |
03-02-2025 → present |
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Of 10,509 companies in sector 47110 we hold annual accounts for 5,853. 3,328 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-03-2020
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
10712Artisanal bread and fresh pastry making
47241Retail sale of bread and pastry (bakery outlets)
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.