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AG RTEC

Active
Private limited companyfounded 20232 yrs activeMolenstraat 55, 1651 Beersel, BelgiumKBO/BCE: BE 1001.731.371
Summary

The computed 12-month bankruptcy probability of AG RTEC is 3.3% (moderate). The 2024 annual accounts show equity of €13,379 and a net result of €10,379. Its solvency ranks better than 84% of 36381 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

Score 2024
Axes
Profitability100
Solvency100
Growth-
Track record59
Bankruptcy probability, 12 months
3.3% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 4.61; short-term debt: 21.7% and cash: 68.5% of total assets), and 21.7% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
78.3%
Return on assets
60.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-09-2025, 42 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 · 1 filing
Deviation from the deadline
2024
42 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 42 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

On 27 October 2023, AG RTEC was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€13,379
Total assets
€17,081
Net result
€10,379
Working capital
€13,379

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €17,081
Equity €13,379
Debt €3,702
Debt finances 21.7% of the balance-sheet total.
Key figures and ratios
2024 value
Current ratio
4.61
Debt to equity
0.28
ROE
77.6%
ROA
60.8%
Debt ≤ 1 year
€3,702
Income taxes
€2,595

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

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 39,278 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
Filed annual accounts As filed with the NBB · 2024 · 26 lines
Balance sheet Code2024
Assets
Total assets20/58€17,081
Current assets29/58€17,081
Amounts receivable within one year40/41€5,383
Trade receivables40€4,100
Other amounts receivable41€1,283
Cash at bank and in hand54/58€11,698
Equity and liabilities
Total equity and liabilities10/49€17,081
Equity10/15€13,379
Contributions10/11€3,000
Profit (loss) carried forward14€10,379
Amounts payable17/49€3,702
Amounts payable within one year42/48€3,702
Trade debts44€1,107
Suppliers440/4€1,107
Taxes, remuneration and social security45€2,595
Taxes450/3€2,595
Income statement Code2024
Other operating charges640/8€1,145
Gross operating margin9900€14,189
Operating profit (loss)9901€13,044
Financial charges65/66B€70
Recurring financial charges65€70
Profit (loss) for the period before taxes9903€12,974
Income taxes67/77€2,595
Profit (loss) for the period9904€10,379
Profit (loss) for the period to be appropriated9905€10,379
Appropriation of the result
Profit (loss) to be appropriated9906€10,379

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Other operating charges640/8€1,145
Gross operating margin9900€14,189
Operating profit (loss)9901€13,044
Financial charges65/66B€70
Recurring financial charges65€70
Profit (loss) for the period before taxes9903€12,974
Income taxes67/77€2,595
Profit (loss) for the period9904€10,379
Profit (loss) for the period to be appropriated9905€10,379
Line2024
Assets
Total assets20/58€17,081
Current assets29/58€17,081
Amounts receivable within one year40/41€5,383
Trade receivables40€4,100
Other amounts receivable41€1,283
Cash at bank and in hand54/58€11,698
Equity and liabilities
Total equity and liabilities10/49€17,081
Equity10/15€13,379
Contributions10/11€3,000
Profit (loss) carried forward14€10,379
Amounts payable17/49€3,702
Amounts payable within one year42/48€3,702
Trade debts44€1,107
Suppliers440/4€1,107
Taxes, remuneration and social security45€2,595
Taxes450/3€2,595
Line2024
Profit (loss) for the period9904€10,379
Operating cash flow (approximation)€10,379

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
11-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 42 days late
07-05
Bankruptcy Judicial dissolution and immediate closure
Ondernemingsrechtbank Brussel · event 02-05-2025
2024
14-06
KBO administration Address struck
Imperiastraat 3 1930 L’adresse du siège Imperiastraat 3 1930 Die Sitzadresse Imperiastraat 3 1930 Zaven- Zaventem is doorgehaald met ingang van Zaventem · event 03-05-2024
SignalNBB filing
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Beersel · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
7,861 m²
Building footprint
2,928 m²
Parcel 23046A0092/00L005, Flanders. Linked by address, not a title deed.
10 companies at this address See who is registered here
1 establishment unit
AG RTEC
Molenstraat 55, 1651 BeerselPainting of buildings
since 20232.351.814.092
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23046A0092/00L005 Flanders 7,860 m² 1 · 2,928 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 15,524 companies in sector 43990 we hold annual accounts for 7,427. 4,603 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
Founded27-10-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
41001General construction of residential buildings
43110Demolition
43221Plumbing work
43240Other construction installation
E-invoicing
Reachable via Peppol
Peppol ID 0208:1001731371
Registered 16-06-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.