AG Holding
ActiveSummary
AG Holding has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €441k and a net result of €17k. Equity is growing by ~32.2% per year across the filed fiscal years. Its solvency ranks better than 35% of 1004 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability39▼-15
Solvency42▼-9
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity short (current ratio 0.55 against 0.03 in 2024; short-term debt: 68.5% and cash: 0.3% of total assets), and 82.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2025Solvency, return and age of the figures
Solvency
17.1%
Return on assets
0.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 5 filingsDeviation from the deadline
2025
31 d late
2024
16 d early
2023
55 d late
2022
30 d early
2021
25 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€398k
EBIT margin
50.3%
Net result
€17k▼ 83.9%
2024 · €108k
2021: €34k
2022: €172k
2023: €99k
2024: €108k
2021 → 2025
Working capital
€-790k▼ 3.0%
2024 · €-767k
2021: €-532k
2022: €-661k
2023: €-717k
2024: €-767k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€398k
Equity€44k-€216k▲ 396%€315k▲ 46.0%€424k▲ 34.4%€441k▲ 4.1%
Operating result€42k-€200k▲ 382%€154k▼ 23.1%€148k▼ 4.0%€80k▼ 45.8%
Net result€34k-€172k▲ 414%€99k▼ 42.3%€108k▲ 9.1%€17k▼ 83.9%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 46% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.58M
Fixed assets
€1.60M =
Current assets
€975k ▲ 3,715%
Equity and liabilities €2.58M
Equity
€441k ▲ 4.1%
Provisions
€121k
Debt
€2.01M ▲ 67.5%
Debt's share of the balance-sheet total rises from 73.9% to 78.2%. Equity and debt are higher.
Key figures and ratios
Current ratio
0.55▲
2024 · 0.03
Debt to equity
4.56▲
2024 · 2.83
ROE
4.0%▼
2024 · 25.6%
ROA
0.7%▼
2024 · 6.7%
Debt ≤ 1 year
€1.76M▲
2024 · €792k
Debt > 1 year
€248k▼
2024 · €409k
Income taxes
€53k▲
2024 · €26k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.63M€2.58M▲
Fixed assets21/28€1.60M€1.60M=
Financial fixed assets28€1.60M€1.60M=
Current assets29/58€26k€975k▲
Amounts receivable within one year40/41€24k€966k▲
Trade receivables40€23k€119k▲
Other amounts receivable41€348€847k▲
Cash at bank and in hand54/58€2k€8k▲
Deferred charges and accrued income490/1-€631
Equity and liabilities
Total equity and liabilities10/49€1.63M€2.58M▲
Equity10/15€424k€441k▲
Contributions10/11€10k€10k=
Outside capital11€10k€10k=
Other1109/19€10k€10k=
Profit (loss) carried forward14€414k€431k▲
Provisions and deferred taxes16-€121k
Provisions for liabilities and charges160/5-€121k
Other liabilities and charges164/5-€121k
Amounts payable17/49€1.20M€2.01M▲
Amounts payable after more than one year17€409k€248k▼
Financial debts170/4€409k€248k▼
Amounts payable within one year42/48€792k€1.76M▲
Current portion of amounts payable after more than one year42€158k€179k▲
Trade debts44€96k€46k▼
Suppliers440/4€96k€46k▼
Taxes, remuneration and social security45€49k€76k▲
Taxes450/3€49k€68k▲
Remuneration and social security454/9-€8k
Other amounts payable47/48€489k€1.46M▲
Accrued charges and deferred income492/3€245€631▲
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€345k-
Provisions for liabilities and charges: additions (uses and reversals)635/8-€121k
Other operating charges640/8€322€120▼
Gross operating margin9900€148k€201k▲
Operating profit (loss)9901€148k€80k▼
Financial income75/76B-€299
Recurring financial income75-€299
Financial charges65/66B€13k€10k▼
Recurring financial charges65€13k€10k▼
Profit (loss) for the period before taxes9903€135k€71k▼
Income taxes67/77€26k€53k▲
Profit (loss) for the period9904€108k€17k▼
Profit (loss) for the period to be appropriated9905€108k€17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€414k€431k▲
Profit (loss) brought forward from the previous period14P€305k€414k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €17k ▼83.9%
Net result drops to €17k, the lowest in the series.
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 55 days late
2023
01-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2021net €172k ▲414%
Operating result €200k, net result €172k, both a record.
31-12
Financial
Equity above €200kEq €216k ▲396%
2 profitable years in a row build equity to €216k.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Antwerpen · 1 establishment unit since 2020
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.
Fotografielaan 182610 AntwerpenGround area
3,258 m²
Building footprint
1,719 m²
Volume, LiDAR
10,794 m³
Parcel 11463D0153/00K000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AG Holding
since 20202.309.422.718
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11463D0153/00K000 | Flanders | 3,258 m² | 1 · 1,719 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 105 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 105 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
9845004F63FCFCB8G955
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Of 12,173 companies in sector 69201 we hold annual accounts for 7,638. 5,643 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.