AG Solutions
Open bankruptcyA bankruptcy procedure is open for AG Solutions according to publications in the Belgian State Gazette; curator: NICK PEETERS. The 2024 annual accounts show equity of €77k and a net result of €-95k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 28-01-2025, 3 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not filed
2024
3 d early
2023
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€77k▼ 55.3%
2023 · €171k
2023: €171k
2023 → 2024
Total assets
€201k▼ 38.4%
2023 · €326k
2023: €326k
2023 → 2024
Net result
€-95k
2023 · €110k
2023: €110k
2023 → 2024
Working capital
€43k▼ 61.9%
2023 · €113k
2023: €113k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€171k-€77k▼ 55.3%
Operating result€133k-€-94k
Net result€110k-€-95k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €94k after €133k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €201k
Fixed assets
€46k▼ 20.5%
Current assets
€155k▼ 42.3%
Equity and liabilities €201k
Equity
€77k▼ 55.3%
Debt
€124k▼ 19.6%
The debt ratio rises from 47.4% to 61.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-72k▼
2023 · €146k
Cash flow
€-73k▼
2023 · €124k
Solvency
38.2%▼
2023 · 52.6%
Current ratio
1.39▼
2023 · 1.73
Quick ratio
1.39▼
2023 · 1.73
Debt / equity
1.62▲
2023 · 0.90
ROE
-123.8%▼
2023 · 64.2%
ROA
-47.2%▼
2023 · 33.7%
Interest coverage
-840.96▼
2023 · 704.96
Debt
€124k▼
2023 · €154k
Debt ≤ 1 year
€111k▼
2023 · €154k
Income taxes
€918▼
2023 · €23k
Staff costs
€372k▲
2023 · €269k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€326k€201k▼
Fixed assets21/28€58k€46k▼
Tangible fixed assets22/27€58k€43k▼
Plant, machinery and equipment23€23k€14k▼
Furniture and vehicles24€35k€30k▼
Financial fixed assets28-€3k
Current assets29/58€268k€155k▼
Amounts receivable within one year40/41€185k€121k▼
Trade receivables40€183k€97k▼
Other amounts receivable41€2k€24k▲
Cash at bank and in hand54/58€78k€28k▼
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€326k€201k▼
Equity10/15€171k€77k▼
Contributions10/11€5k€5k=
Capital10€5k€5k=
Issued capital100€5k€5k=
Profit (loss) carried forward14€166k€72k▼
Amounts payable17/49€154k€124k▼
Amounts payable within one year42/48€154k€111k▼
Trade debts44€66k€52k▼
Suppliers440/4€66k€52k▼
Advances received on contracts in progress46€2k-
Taxes, remuneration and social security45€61k€39k▼
Taxes450/3€43k€15k▼
Remuneration and social security454/9€18k€24k▲
Other amounts payable47/48€26k€20k▼
Accrued charges and deferred income492/3-€13k
Income statement
Code20232024
Non-recurring operating income76A-€600
Remuneration, social security and pensions62€269k€372k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€22k▲
Other operating charges640/8€746€3k▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€416k€304k▼
Operating profit (loss)9901€133k€-94k▼
Financial income75/76B€540€1▼
Recurring financial income75€540€1▼
Financial charges65/66B€208€86▼
Recurring financial charges65€208€86▼
Profit (loss) for the period before taxes9903€133k€-94k▼
Income taxes67/77€23k€918▼
Profit (loss) for the period9904€110k€-95k▼
Profit (loss) for the period to be appropriated9905€110k€-95k▼
Appropriation of the result
Profit (loss) to be appropriated9906€186k€72k▼
Profit (loss) brought forward from the previous period14P€76k€166k▲
Profit to be distributed694/7€20k-
Directors or managers695€20k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · AG SOLUTIONS BV MIDDEL- MOLENLAAN 175, 2100 DEURNE (ANTWERPEN) · event 25-03-2025
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
SignalNBB filing
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
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.
Ground area
5,303 m²
Building footprint
3,300 m²
Volume, LiDAR
19,014 m³
Parcel 11012A0158/00C005, Flanders · tallest building 10.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
AG Solutions
since 20202.312.535.923
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11012A0158/00C005 | Flanders | 5,303 m² | 1 · 3,300 m² | 10.4 m · 1 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | NICK PEETERS BROEDERMINSTRAAT 9,
2030 ANTWERPEN 3 |
25-03-2025 → present |
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Of 1,123 companies in sector 43212 we hold annual accounts for 420. 357 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-12-2020
Fiscal year end30-06
Activities, NACEBEL
43212Electrical installation work in industrial facilities
61200Telecommunications resale and intermediation services
61900Telecommunications
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.