Ag Software
ActiveSummary
Ag Software has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26k and a net result of €-269. Equity is growing by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 12% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability37▼-6
Solvency31▼-2
Growth52=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.62 against 4.52 in 2024; short-term debt: 28.7% of total assets), but 93.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
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 2025Solvency, return and age of the figures
Solvency
6.2%
Return on assets
-0.1%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 17090 sector peers (2025).
NBB · sector comparisonPosition among 17090 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 11-05-2026, 11 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 · 3 filingsDeviation from the deadline
2025
11 d late
2024
19 d late
2023
49 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€194k
EBIT margin
4.4%
Net result
€-269
2024 · €8k
2023: €9khighest in 3 years
2024: €8k▼ -10.1% vs 2023
2025: €-269▼ -103% vs 2024lowest in 3 years
2023 → 2025
Working capital
€196k▼ 22.6%
2024 · €253k
2023: €118klowest in 3 years
2024: €253k▲ +115% vs 2023highest in 3 years
2025: €196k▼ -22.6% vs 2024
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Turnover€194k-
Equity€19k-€26k▲ 41.5%€26k▼ 1.0%
2023: €19klowest in 3 years
2024: €26k▲ +41.5% vs 2023highest in 3 years
2025: €26k▼ -1.0% vs 2024
Operating result€8k-€16k▲ 86.0%€9k▼ 40.9%
2023: €8klowest in 3 years
2024: €16k▲ +86.0% vs 2023highest in 3 years
2025: €9k▼ -40.9% vs 2024
Net result€9k-€8k▼ 10.1%€-269
2023: €9khighest in 3 years
2024: €8k▼ -10.1% vs 2023
2025: €-269▼ -103% vs 2024lowest in 3 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 41% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €421k
Fixed assets
€104k
Current assets
€317k
Equity and liabilities €422k
Equity
€26k ▼ 1.0%
Debt
€396k ▲ 32.1%
Debt's share of the balance-sheet total rises from 91.9% to 93.8%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
2.62▼
2024 · 4.52
Debt to equity
15.21▲
2024 · 11.39
ROE
-1.0%▼
2024 · 29.3%
ROA
-0.1%▼
2024 · 2.4%
Debt ≤ 1 year
€121k▲
2024 · €72k
Debt > 1 year
€275k▲
2024 · €228k
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 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€326k€422k▲
Formation expenses20€902€902=
Fixed assets21/28-€104k
Tangible fixed assets22/27-€104k
Plant, machinery and equipment23-€104k
Current assets29/58€325k€317k▼
Amounts receivable within one year40/41€316k€317k▲
Trade receivables40€267k€267k=
Other amounts receivable41€50k€51k▲
Cash at bank and in hand54/58€9k-
Equity and liabilities
Total equity and liabilities10/49€326k€422k▲
Equity10/15€26k€26k▼
Contributions10/11€10k€10k=
Outside capital11€10k€10k=
Other1109/19€10k€10k=
Profit (loss) carried forward14€16k€16k▼
Amounts payable17/49€300k€396k▲
Amounts payable after more than one year17€228k€275k▲
Financial debts170/4€228k€275k▲
Amounts payable within one year42/48€72k€121k▲
Current portion of amounts payable after more than one year42€43k€69k▲
Trade debts44€21k€35k▲
Suppliers440/4€21k€35k▲
Taxes, remuneration and social security45€8k€12k▲
Taxes450/3€8k€12k▲
Other amounts payable47/48-€5k
Income statement
Code20242025
Other operating charges640/8€118€120▲
Gross operating margin9900€16k€9k▼
Operating profit (loss)9901€16k€9k▼
Financial income75/76B€151-
Recurring financial income75€151-
Financial charges65/66B€5k€10k▲
Recurring financial charges65€5k€10k▲
Profit (loss) for the period before taxes9903€11k€-269▼
Income taxes67/77€3k-
Profit (loss) for the period9904€8k€-269▼
Profit (loss) for the period to be appropriated9905€8k€-269▼
Appropriation of the result
Profit (loss) to be appropriated9906€16k€16k▼
Profit (loss) brought forward from the previous period14P€9k€16k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Turnover70 | €194k | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €186k | - | - | - |
| Other operating charges640/8 | - | €118 | €120 | ▲ 1.7% |
| Gross operating margin9900 | €8k | €16k | €9k | ▼ 40.6% |
| Operating profit (loss)9901 | €8k | €16k | €9k | ▼ 40.9% |
| Financial income75/76B | €101 | €151 | - | - |
| Recurring financial income75 | €101 | €151 | - | - |
| Financial charges65/66B | - | €5k | €10k | ▲ 86.5% |
| Recurring financial charges65 | - | €5k | €10k | ▲ 86.5% |
| Profit (loss) for the period before taxes9903 | €9k | €11k | €-269 | ▼ 102% |
| Income taxes67/77 | - | €3k | - | - |
| Profit (loss) for the period9904 | €9k | €8k | €-269 | ▼ 103% |
| Profit (loss) for the period to be appropriated9905 | €9k | €8k | €-269 | ▼ 103% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €269k | €326k | €422k | ▲ 29.4% |
| Formation expenses20 | €902 | €902 | €902 | = |
| Fixed assets21/28 | - | - | €104k | - |
| Tangible fixed assets22/27 | - | - | €104k | - |
| Plant, machinery and equipment23 | - | - | €104k | - |
| Current assets29/58 | €269k | €325k | €317k | ▼ 2.5% |
| Amounts receivable within one year40/41 | €267k | €316k | €317k | ▲ 0.3% |
| Trade receivables40 | €267k | €267k | €267k | = |
| Other amounts receivable41 | €460 | €50k | €51k | ▲ 2.2% |
| Cash at bank and in hand54/58 | €2k | €9k | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €269k | €326k | €422k | ▲ 29.4% |
| Equity10/15 | €19k | €26k | €26k | ▼ 1.0% |
| Contributions10/11 | €10k | €10k | €10k | = |
| Outside capital11 | €10k | €10k | €10k | = |
| Other1109/19 | €10k | €10k | €10k | = |
| Profit (loss) carried forward14 | €9k | €16k | €16k | ▼ 1.6% |
| Amounts payable17/49 | €251k | €300k | €396k | ▲ 32.1% |
| Amounts payable after more than one year17 | €100k | €228k | €275k | ▲ 20.7% |
| Financial debts170/4 | €100k | €228k | €275k | ▲ 20.7% |
| Amounts payable within one year42/48 | €151k | €72k | €121k | ▲ 68.3% |
| Current portion of amounts payable after more than one year42 | - | €43k | €69k | ▲ 60.5% |
| Trade debts44 | €118k | €21k | €35k | ▲ 67.8% |
| Suppliers440/4 | €118k | €21k | €35k | ▲ 67.8% |
| Taxes, remuneration and social security45 | €33k | €8k | €12k | ▲ 48.9% |
| Taxes450/3 | €33k | €8k | €12k | ▲ 48.9% |
| Other amounts payable47/48 | - | - | €5k | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €8k | €-269 | ▼ 103% |
| Operating cash flow (approximation) | €9k | €8k | €-269 | ▼ 103% |
| Change in cash | - | €8k | - | - |
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
Next filing, fiscal year 2026, expected by
2026
11-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
30-09
Financial
Weakest financial yearnet €-269
Net result drops to €-269, the lowest in the series.
19-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
30-09
Financial
Liquidity triplescurrent ratio 4.52
Current ratio from 1.78 to 4.52; short-term debt falls from €151k to €72k.
14-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
12-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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 2023
Ground 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.
28
companies at this address
See who is registered here
1 establishment unit
Ag Software
since 20232.344.336.778
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
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.
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Of 16,879 companies in sector 62100 we hold annual accounts for 8,771. 6,168 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
Founded03-02-2023
Fiscal year end30-09
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.