AG47 Concept
ActiveSummary
AG47 Concept has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€67,092) and a net result of -€36,984. Equity is shrinking by ~54.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 17601 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
What they do
Computer consultancy and computer facilities management
NACE 62200IT consultancy NACE 62020
1 site
How big
€221,523total assets 2025
- Equity
- -€67,092
- Loss
- -€36,984
Turnover not published (abridged schema)
Who decides
Accounts 15 d early0 of 3 deeds read
Why 31- Limited track record- Annual accounts: weaker financial profile- Negative equity+ Lower-failure-rate sectorLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-22
Solvency0▼-12
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02 against 0.02 in 2024; short-term debt: 69.1% and cash: 1.2% of total assets), and equity is negative.
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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
-30.3%
Return on assets
-16.7%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year -€67,092
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 16-07-2026, 15 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
15 d early
2024
1 d early
2023
50 d late
2022
61 d late
2021
33 d early
2020
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 5 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 July (4 of the last 5 filed years within 52 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Weakest financial yearnet -€36,984
- Annual accounts filedfiscal year 2024 · micro…
Financials
Fiscal year 2025Total assets €221,523Loss -€36,984Solvency -30.3%Liquidity 0.02
Turnover
€67,358
2020
Net result
-€36,984▼ 152%
2020 - 2025
Equity
-€67,092▼ 125%
2020 - 2025
Solvency
-30.3%▼ 17.4pp
2020 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result-€11,015▼ 218%-€391▲ 96.5%-€1,182▼ 203%-€8,697▼ 636%-€30,954▼ 256%
Net result-€11,179below the sector's middle half▼ 117%-€562below the sector's middle half▲ 95.0%-€1,245below the sector's middle half▼ 121%-€14,693below the sector's middle half▼ 1,080%-€36,984below the sector's middle half▼ 152%
EBIT margin
Equity-€13,320below the sector's middle half▼ 522%-€13,882below the sector's middle half▼ 4.2%-€15,127below the sector's middle half▼ 9.0%-€29,820below the sector's middle half▼ 97.1%-€67,092below the sector's middle half▼ 125%
Total assets€24below the sector's middle half▼ 99.9%€24below the sector's middle half=€20,202below the sector's middle half▲ 85,358%€232,190within the sector's middle half▲ 1,049%€221,523within the sector's middle half▼ 4.6%
Debt€13,344▼ 45.2%€13,906▲ 4.2%€35,329▲ 154%€262,011▲ 642%€288,615▲ 10.2%
Working capital-€13,320below the sector's middle half-€78below the sector's middle half▲ 99.4%€18,905within the sector's middle half-€118,294below the sector's middle half-€149,403below the sector's middle half▼ 26.3%
Solvency-74.9%below the sector's middle half-12.8%below the sector's middle half▲ 62.0pp-30.3%below the sector's middle half▼ 17.4pp
Current ratio15.58above the sector's middle half0.02below the sector's middle half▼ 15.550.02below the sector's middle half=
Return on assets (ROA)-6.2%below the sector's middle half-6.3%below the sector's middle half▼ 0.2pp-16.7%below the sector's middle half▼ 10.4pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €30,954 in 2025 against €8,697 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €221,523
Fixed assets
€217,839 ▼ 5.0%
Current assets
€3,683 ▲ 27.6%
Equity and liabilities
Equity-€67,092
Debt€288,615
Equity is negative: debt (€288,615) exceeds the balance-sheet total (€221,523).
Key figures and ratios
Key figures and ratios
EBITDA
-€19,489
Cash flow
-€25,518
Interest coverage
-3.23
Debt ≤ 1 year
€153,087▲
2024 · €121,179
Debt > 1 year
€135,528▼
2024 · €140,831
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.9%
went bankrupt
8.4%
stopped otherwise
83%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.6% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.8% |
| 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 6,010 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.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | €7,131 | - | - | - | - | - |
| Remuneration, social security and pensions62 | €2,996 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €11,465 | - |
| Other operating charges640/8 | €889 | €391 | €782 | €1,733 | €599 | ▼ 65.5% |
| Gross operating margin9900 | -€7,131 | - | -€400 | -€6,964 | -€18,890 | ▼ 171% |
| Operating profit (loss)9901 | -€11,015 | -€391 | -€1,182 | -€8,697 | -€30,954 | ▼ 256% |
| Financial charges65/66B | €163 | €172 | €63 | €5,996 | €6,029 | ▲ 0.6% |
| Recurring financial charges65 | €163 | €172 | €63 | €5,996 | €6,029 | ▲ 0.6% |
| Profit (loss) for the period before taxes9903 | -€11,179 | -€562 | -€1,245 | -€14,693 | -€36,984 | ▼ 152% |
| Profit (loss) for the period9904 | -€11,179 | -€562 | -€1,245 | -€14,693 | -€36,984 | ▼ 152% |
| Profit (loss) for the period to be appropriated9905 | -€11,179 | -€562 | -€1,245 | -€14,693 | -€36,984 | ▼ 152% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €24 | €24 | €20,202 | €232,190 | €221,523 | ▼ 4.6% |
| Fixed assets21/28 | - | - | - | €229,304 | €217,839 | ▼ 5.0% |
| Tangible fixed assets22/27 | - | - | - | €229,304 | €217,839 | ▼ 5.0% |
| Land and buildings22 | - | - | - | €229,304 | €217,839 | ▼ 5.0% |
| Current assets29/58 | €24 | €24 | €20,202 | €2,886 | €3,683 | ▲ 27.6% |
| Amounts receivable within one year40/41 | - | - | €20,000 | €1,590 | €946 | ▼ 40.5% |
| Trade receivables40 | - | - | €20,000 | €363 | €877 | ▲ 142% |
| Other amounts receivable41 | - | - | - | €1,227 | €68 | ▼ 94.4% |
| Cash at bank and in hand54/58 | - | - | €95 | €1,296 | €2,738 | ▲ 111% |
| Deferred charges and accrued income490/1 | €24 | €24 | €108 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €24 | €24 | €20,202 | €232,190 | €221,523 | ▼ 4.6% |
| Equity10/15 | -€13,320 | -€13,882 | -€15,127 | -€29,820 | -€67,092 | ▼ 125% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | -€16,320 | -€16,882 | -€18,127 | -€32,820 | -€70,092 | ▼ 114% |
| Amounts payable17/49 | €13,344 | €13,906 | €35,329 | €262,011 | €288,615 | ▲ 10.2% |
| Amounts payable after more than one year17 | - | - | - | €140,831 | €135,528 | ▼ 3.8% |
| Financial debts170/4 | - | - | - | €140,831 | €135,528 | ▼ 3.8% |
| Amounts payable within one year42/48 | €13,344 | €102 | €1,297 | €121,179 | €153,087 | ▲ 26.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €5,088 | €5,303 | ▲ 4.2% |
| Trade debts44 | - | €102 | €1,297 | €116,092 | €46 | ▼ 100.0% |
| Suppliers440/4 | - | €102 | €1,297 | €798 | €46 | ▼ 94.3% |
| Bills of exchange payable441 | - | - | - | €115,294 | - | - |
| Other amounts payable47/48 | €13,344 | - | - | - | €147,738 | - |
| Accrued charges and deferred income492/3 | - | €13,804 | €34,032 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€11,179 | -€562 | -€1,245 | -€14,693 | -€36,984 | ▼ 152% |
| + Depreciation and write-downs630 | - | - | - | - | €11,465 | - |
| Operating cash flow (approximation) | -€11,179 | -€562 | -€1,245 | -€14,693 | -€25,518 | ▼ 73.7% |
| Investment in fixed assets (approximation) | - | - | - | - | €0 | - |
| Change in cash | - | - | - | €1,201 | €1,442 | ▲ 20.1% |
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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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 29,996 companies in this sector we hold annual accounts for 18,400. See the whole sector
Timeline
8 eventsLatest 16-07-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€36,984
Net result drops to -€36,984, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 50 days late
2023
31-12
Financial
Liquidity times 67current ratio 15.58
Current ratio from 0.23 to 15.58.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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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Company details
Private limited company · founded 04-10-2019Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded04-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
32123Manufacture of jewellery
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
E-invoicing
Reachable via Peppol
Peppol ID
0208:0735714415
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Londerzeel · 1 establishment unit since 2019
Ground area
1,079 m²
Building footprint
703 m²
Volume, LiDAR
1 m³
Parcel 23045D0024/00K000, Flanders · tallest building 0.5 m. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
AG47 Concept
since 2019unit no. 2.294.269.635
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23045D0024/00K000 | Flanders | 1,079 m² | 1 · 703 m² | 0.5 m |
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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