AG Real Estate Projects
ActiveSummary
AG Real Estate Projects has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20.7m and a net result of -€1.1m. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 82% of 5,789 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Official details
Source: KBO- Status
- Active since 23-06-2015 Normal situation
- Registered office
- 101 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 1 November 2026.
- Activity
- Development of residential building projects NACE 68121
- Establishment unit
- 2.243.535.665 1000 Brussel, since 23-06-2015
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
Board
- MARC VAN BEGIN BVDirector · since 08-06-2021
- Amaury de CrombruggheDirector · since 15-07-2024
- Astrid FlamandDirector · since 03-03-2025
Shareholders
- AG REAL ESTATE LAND100%· score 962025 annual accounts of AG REAL ESTATE LAND
- AGEAS NVconsolidatesannual accounts 2025
- AG REAL ESTATE FINANCE0.17%annual accounts 2019
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
Annual accounts 2025
- Turnover
- €539,607
- ▼ 72.9%
- Loss
- €1.1m
- ▼ 75.1%
- Equity
- €20.7m
- ▼ 5.1%
- Total assets
- €25.2m
- ▼ 32.8%
Filed on 24-06-2026, 37 days before the deadline
Score breakdownraises riskLiquidity: current ratio 5.61Loss of €1.1m, the second in a row (financial year 2025)lowers riskLegal form: public limited companySector: Real estate activities (NACE 68)Show the evidence
Checked score
Score 2025
87
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 56% of medium-sized companies in real estate (NACE 68)
Financial strength · tick: 2024
Strong
Solvency
100+17
equity 82.1% of total assets
Liquidity
90+30
short-term debt 17.8%
Profitability
26+18
return on assets -4.4%
Bankruptcy probability within 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025lowest value
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.3%▲ +0.1 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.4%▲ +0.1 percentage points vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.4%● unchanged vs 07-2026
09-2026: 0.5%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.3%▼ -0.2 percentage points vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.61 (2.39 in 2024), above the usual 1.5. Short-term debt is 17.8% of total assets. 17.9% of the assets are financed with debt and provisions.
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 68, medium-sized). It does better than 92% of them on solvency, 97% on liquidity, 20% on profitability and 16% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€1.1m
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 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
37 days early
2024
31 days early
2023
30 days early
2022
33 days early
2021
34 days early
2020
12 days early
2019
31 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 30 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Caution: Turnover fell in 2025from €2.0m to €539,607 ▼ 72.9% View
- Caution: Lower net result than 95% of companies in real estatesector median €20,550 · 5,796 companies -€1.1m View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Caution: 2 loss-making years in a rowloss in financial year 2025 -€1.1m View
Recent changes
- · Gazette deed Permanent representative: Damien Walgrave
- · Gazette deed Resignation: Carine Van Beneden (director)Appointment: Astrid Flamand (director)
- · Gazette deed Resignations: Erlinde Eeman (director) and Xavier Denis (director)Appointment: Amaury de Crombrugghe (director) · Permanent representative: Amaury de Crombrugghe
Companies linked to AG Real Estate Projects
Comparable companies
These companies have the same main activity as AG Real Estate Projects: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €16m and €26m, founded between 2008 and 2019.
| Company | Total assets | Turnover |
|---|---|---|
| AG Real Estate Projects Brussel | €25.2m | €0.5m |
| Ecetia Real Estate Liège | €25.6m | €0.8m |
| COLISMO Leuven | €15.9m | €0.5m |
| BAMBUS Etterbeek | €23.2m | €1.5m |
| BATAVES 1521 Elsene | €19.8m | €0.5m |
| DASSAULT REAL ESTATE BELGIUM Brussel | €17.8m | €1.4m |
| WTSS PARC MOUSCRON Brussel | €22.1m | €2.5m |
Key facts about AG Real Estate Projects
- What is the company number of AG Real Estate Projects?
- The company number of AG Real Estate Projects is 0632.680.619. The VAT number is the same number with BE in front: BE 0632.680.619.
- Where is AG Real Estate Projects based?
- The registered office is at Kunstlaan 58, 1000 Brussel.Company details
- What does AG Real Estate Projects do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of AG Real Estate Projects?
- The legal form of AG Real Estate Projects is Public limited company (NV).
- When was AG Real Estate Projects founded?
- AG Real Estate Projects was founded on 23-06-2015.
- Is AG Real Estate Projects still active?
- Yes, AG Real Estate Projects is an active enterprise in the KBO register.
- What is the turnover of AG Real Estate Projects?
- The turnover of AG Real Estate Projects was €539,607 in financial year 2025, according to the filed annual accounts.Financials
- Is AG Real Estate Projects profitable?
- In financial year 2025, AG Real Estate Projects made a loss of €1.1m.
- Where can I find the annual accounts of AG Real Estate Projects?
- AG Real Estate Projects filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AG Real Estate Projects due?
- AG Real Estate Projects must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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