AG Techniek
ActiveAG Techniek has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €845k and a net result of €42k. Equity is growing by ~47% per year across the filed fiscal years. Its solvency ranks better than 94% of 7447 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▼-13
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 8.96 against 5.17 in 2023; short-term debt: 11.1% and cash: 89% of total assets), and 11.1% 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
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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
88.9%
Return on assets
4.4%
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 06-10-2025, 67 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
67 d late
2023
77 d late
2022
107 d late
2021
89 d late
2020
61 d late
2019
49 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€845k▲ 5.3%
2023 · €803k
2018: €84k
2019: €172k
2020: €286k
2021: €559k
2022: €660k
2023: €803k
2018 → 2024
Total assets
€951k▼ 4.4%
2023 · €994k
2018: €143k
2019: €248k
2020: €424k
2021: €689k
2022: €825k
2023: €994k
2018 → 2024
Net result
€42k▼ 70.4%
2023 · €143k
2018: €78k
2019: €88k
2020: €150k
2021: €272k
2022: €101k
2023: €143k
2018 → 2024
Working capital
€840k▲ 5.5%
2023 · €796k
2018: €84k
2019: €172k
2020: €286k
2021: €554k
2022: €656k
2023: €796k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€286k-€559k▲ 95.1%€660k▲ 18.1%€803k▲ 21.7%€845k▲ 5.3%
Operating result€185k-€366k▲ 98.3%€147k▼ 59.8%€218k▲ 48.0%€67k▼ 69.2%
Net result€150k-€272k▲ 82.0%€101k▼ 62.8%€143k▲ 41.2%€42k▼ 70.4%
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 2024; 2024 is 69% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €951k
Fixed assets
€5k▼ 21.9%
Current assets
€946k▼ 4.2%
Equity and liabilities €951k
Equity
€845k▲ 5.3%
Debt
€106k▼ 44.8%
The debt ratio falls from 19.2% to 11.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€71k▼
2023 · €221k
Cash flow
€46k▼
2023 · €146k
Solvency
88.9%▲
2023 · 80.8%
Current ratio
8.96▲
2023 · 5.17
Quick ratio
8.96▲
2023 · 5.17
Debt / equity
0.12▼
2023 · 0.24
ROE
5.0%▼
2023 · 17.8%
ROA
4.4%▼
2023 · 14.4%
Interest coverage
42.50▼
2023 · 106.00
Debt
€106k▼
2023 · €191k
Debt ≤ 1 year
€106k▼
2023 · €191k
Income taxes
€23k▼
2023 · €73k
Staff costs
€63k▲
2023 · €9k
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€994k€951k▼
Fixed assets21/28€6k€5k▼
Tangible fixed assets22/27€6k€5k▼
Land and buildings22€2k€2k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€988k€946k▼
Amounts receivable within one year40/41€367k€95k▼
Trade receivables40€269k€52k▼
Other amounts receivable41€98k€43k▼
Cash at bank and in hand54/58€617k€846k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€994k€951k▼
Equity10/15€803k€845k▲
Contributions10/11€6k€6k=
Reserves13€797k€839k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€795k€837k▲
Amounts payable17/49€191k€106k▼
Amounts payable within one year42/48€191k€106k▼
Trade debts44€69k€2k▼
Suppliers440/4€69k€2k▼
Taxes, remuneration and social security45€122k€103k▼
Taxes450/3€119k€101k▼
Remuneration and social security454/9€3k€2k▼
Income statement
Code20232024
Remuneration, social security and pensions62€9k€63k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€232k€135k▼
Operating profit (loss)9901€218k€67k▼
Financial income75/76B€117€2▼
Recurring financial income75€117€2▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€216k€66k▼
Income taxes67/77€73k€23k▼
Profit (loss) for the period9904€143k€42k▼
Profit (loss) for the period to be appropriated9905€143k€42k▼
Appropriation of the result
Profit (loss) to be appropriated9906€143k€42k▼
Transfer to equity691/2€143k€42k▼
To other reserves6921€143k€42k▼
Social balance
Average headcount (FTE)90870.2-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 67 days late
2024
31-12
Financial
Weakest financial yearnet €42k ▼70.4%
Net result drops to €42k, the lowest in the series.
16-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 77 days late
2023
15-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 107 days late
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 89 days late
2021
31-12
Financial
Highest result since 2018net €272k ▲82%
Operating result €366k, net result €272k, both a record.
31-12
Financial
Equity above €500kEq €559k ▲95.1%
4 profitable years in a row build equity to €559k.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Equity above €200kEq €286k ▲66.6%
3 profitable years in a row build equity to €286k.
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 49 days late
2019
31-12
Financial
Equity above €150kEq €172k ▲105%
2 profitable years in a row build equity to €172k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Leuven · 1 establishment unit since 2017
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.
François Demarsinstraat 43012 LeuvenGround area
212 m²
Building footprint
123 m²
Volume, LiDAR
368 m³
Parcel 24126D0039/00L000, Flanders · tallest building 7.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
AG Techniek
since 20172.358.259.842
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24126D0039/00L000 | Flanders | 212 m² | 1 · 123 m² | 7.5 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.
Similar companies · same sector, comparable size
INNOTECH
BE 0474.113.036
Wielsbeke · Eq €847k
VERSANCO
BE 0877.346.489
Anzegem · Eq €848k
DE COENE
BE 0872.465.411
Vilvoorde · Eq €838k
SANIMARKT
BE 0829.418.294
Zelzate · Eq €836k
Bart Meers
BE 0821.794.688
Bilzen-Hoeselt · Eq €855k
Of 7,036 companies in sector 43221 we hold annual accounts for 3,468. 1,819 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded27-12-2017
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
43299Specialised construction activities
43990Other specialised construction activities
43995Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.