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AGA2

Active Private limited companyfounded 2020active for 6 yearsChaussée de Tirlemont 68, 5030 GemblouxKBO/BCE: BE 0753.737.015
AGA2
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Overview

Lifetime

5 annual accounts with figures on one time axis
peak €146,943 (2025)
€146,943▲ 10.8%
lowest -€49,896 (2021)
€20,681▲ 650%
peak €138,523 (2025)
€138,523▲ 17.6%
€1.8m▼ 6.1%
Board2 names since 2020
- 
Documentsfilings and deeds
27-07-20264 days before the deadline
2025micro format
Result from €2,757 to €20,681Equity from €117,841 to €138,523Cash from €14,578 to €5,708

Key points

from the 2025 annual accounts

Equity

€138,523 ▲ 17.6%

AGA2 has made a profit without a break since 2022.

Turnover

≈ €200,000 estimated

The micro format states no turnover.

Debts

€1.8m 93% of the balance sheet
Financial debts 90%Suppliers 1%Taxes and wages 1%Other 9%

Of this, €183,200 falls due within a year.

Filings

5 annual accounts since 2021
AprilJune31 JulyOctober20222024

The last five annual accounts were filed 4 to 37 days before the end of the period.

Position in the sector

€1.9m

Larger balance sheet than 87% of companies in real estate. Sector median €410,725 · 17,198 companies.

Checked score

84
Excellent
Financially stronger than 49% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.4%▲ +0.1 percentage points vs 05-2025 07-2025: 0.1%▼ -0.3 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.2%▲ +0.1 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026highest value 11-2026: 0.4%● unchanged vs 10-2026highest value

Financial strength
Average

32+1equity 7.2% of total assets
50-1short-term debt 9.5% · cash 0.3%
51+8return on assets 1.1%

Score breakdown

raises risk
Liquidity: current ratio 0.23, cash €5,708, halved
Equity €138,523 (7.2% of total assets)
lowers risk
Size: total assets €1.9m
Sector: Real estate activities (NACE 68)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 28% of them on solvency, 53% on liquidity, 43% on profitability and 73% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 1,603 companies had the same profile as AGA2 has now. Each dot stands for 5 companies, two years later.

96.0%
were still trading
1.8%
stopped another way
1.9%
went bankrupt
  • Small
  • 5 to 10 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet

Another 0.3% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of AGA2 itself: 0.4% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,603 companies, not a prediction for AGA2. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €11,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.23 (0.31 in 2024), below 1. Short-term debt is 9.5% and cash 0.3% of total assets. 92.8% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.23, cash €5,708, halved
NBB · annual accounts
lowers risk · Size: total assets €1.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Equity €138,523 (7.2% of total assets)
NBB · annual accounts
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 27-07-2026, 4 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
4 days early
2024
37 days early
2023
34 days early
2022
21 days early
2021
18 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 23 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 10 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

last known board
DG
DAVREUX Gaëtan Patrick
Director, last mentioned in 2020
DL
de la KETHULLE de RYHOVE Wivine Patricia
Director, last mentioned in 2020
  • DAVREUX Gaëtan Patrick Bernard Nicolas 135 sharesdeed of 05-10-2021
  • de la KETHULLE de RYHOVE Wivine Patricia Philippine Marie Ghislaine 15 sharesdeed of 05-10-2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0753737015
Company renamed from AGA² to AGA2 Registered office moved within Gembloux · New registered office: Chaussée de Tirlemont 68, 5030 Gembloux · Previous registered office: rue des Poiriers 3, 5030 Gembloux (Sauvenière) · General meeting of 23-09-2021 · Gazette deed
Incorporation · Resignations & appointments Founding capital of €150,000, 150 shares · Founders: DAVREUX Gaëtan Patrick and de la KETHULLE de RYHOVE Wivine Patricia · Appointments: DAVREUX Gaëtan Patrick (director) and de la KETHULLE de RYHOVE Wivine Patricia (director) · published on 15-09-2020 · Gazette deed
First establishment AGA² srl, Chaussée de Tirlemont, Sauv. 68, Gembloux
All 11 events

Comparable companies

same main activity, similar in size and age
Company
AGA2 Gembloux €1.9m €146,943 7.2% -
D IMMO Rochefort €2.2m €147,250 -1.1% -
4TT Mechelen €1.8m €147,268 -1.4% -
JULOMA Aubel €1.9m €138,739 48.5% -
ALMIVER WESTWING Roeselare €2.0m €165,207 40.5% -
IMMOortgat Beveren-Kruibeke-Zwijndrecht €1.7m €161,407 25.6% -
IMMO SILAC Pajottegem €1.8m €170,113 95.1% -

These companies have the same main activity as AGA2: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €1.7m and €2.2m, founded between 2019 and 2021.

Official details

Source: KBO
Status
Active since 07-09-2020Normal situation
Activity
Renting and operating of own or leased non-residential real estate, excluding landNACE 68203
Establishment unit
2.310.342.0405030 Gembloux, since 07-09-2020
Financial year end
31 December
Peppol
Reachable since 29-07-2025
Company details

Annual accounts 2025

€146,943▲ 10.8%
€20,681▲ 650%
€138,523▲ 17.6%
€1.9m▼ 4.7%
Filing
Filed on 27-07-2026, 4 days before the end of the filing period
Financials

Insights on AGA2

AGA2 files the micro format. That format states no turnover. The gross margin rose from €17,011 in 2021 to €146,943 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 27-07-2026, 4 days before the deadline
€146,943
▲ 10.8%
€56,182
▲ 32.0%
€20,681
▲ 650%
-€140,246
▲ €2,703
7.2%
▲ 1.4 percentage points
0.23
▼ 0.08

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €200,000. Estimated: probably between €160,000 and €310,000.

Balance sheet

balance sheet total €1.9m on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

7.2%

Higher than 29% of 17,194 companies in 2025.

0.23

Higher than 19% of 16,491 companies in 2025.

1.1%

Higher than 47% of 16,870 companies in 2025.

AGA2 Middle half of the sector 80% of the sector Micro accounts in real estate (NACE 68)

Net result: middle half · Equity: middle half · Balance sheet total: top quarter · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021
Balance sheet: assets
20/58 1.9m2.0m2.1m2.2m2.2m
21/28 1.9m2.0m2.0m2.1m2.2m
22/27 1.9m2.0m2.0m2.1m2.2m
22 1.9m2.0m2.0m2.1m2.2m
29/58 42,95465,22072,74558,29235,831
40/41 37,24550,64267,22348,3532,420
40 28,62635,21151,79148,3532,420
41 8,61915,43115,431--
54/58 5,70814,5785,5239,93933,411
Balance sheet: equity and liabilities
10/49 1.9m2.0m2.1m2.2m2.2m
10/15 138,523117,841115,085110,311100,104
10/11 150,000150,000150,000150,000150,000
10 ---150,000150,000
100 ---150,000150,000
14 -11,477-32,159-34,915-39,689-49,896
17/49 1.8m1.9m2.0m2.1m2.1m
17 1.6m1.7m1.8m1.9m2.0m
170/4 1.6m1.7m1.8m1.9m2.0m
42/48 183,200208,168201,415178,173150,280
42 91,14491,13887,19683,29120,030
44 17,44926,69447,51528,96122,542
440/4 17,44926,69447,51528,96122,542
45 12,47212,2015,3715,6652,030
450/3 10,57210,3013,4713,7652,030
454/9 1,9001,9001,9001,900-
47/48 62,13578,13561,33360,255105,678
492/3 -468---
Income statement
9900 146,943132,678138,874127,47017,011
630 73,63373,63373,63373,63318,560
640/8 17,12716,49017,094977348
9901 56,18242,55548,14652,860-1,896
65/66B 35,50139,79843,37242,65348,000
65 35,50139,79843,37242,65348,000
9903 20,6812,7574,77410,207-49,896
9904 20,6812,7574,77410,207-49,896
9905 20,6812,7574,77410,207-49,896
Appropriation of the result
9906 -11,477-32,159-34,915-39,689-49,896
14P -32,159-34,915-39,689-49,896-
Document PDFPDFPDFPDFPDF

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 27-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 27-07-2026 2026-00333103 PDF
31-12-2024 micro format 24-06-2025 2025-00173303 PDF
31-12-2023 micro format 27-06-2024 2024-00169521 PDF
31-12-2022 micro format 10-07-2023 2023-00219257 PDF
31-12-2021 micro format 13-07-2022 2022-20179215 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021
129,815116,188121,780126,49316,664
94,31576,39078,40783,840-31,336
00002.2m
-8,8699,055-4,416-23,472-
-140,246-142,949-128,669-119,880-114,450
7.2%5.8%5.5%5.1%4.5%
0.230.310.360.330.24
12.9416.2117.3218.6521.17
14.9%2.3%4.1%9.3%-49.8%
1.1%0.1%0.2%0.5%-2.2%
3.662.922.812.970.35

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets----€2.2m
€73,633€73,633€73,633€73,633€18,560

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on AGA2

The operating result for 2025 is 32% higher than in 2024 and the highest since 2021. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total falls from 94.2% to 92.8%. Equity is higher and debt is lower.

Board & ownership

Mandates through the years

2 names
DAVREUX Gaëtan Patrick
Director (not named in the articles)
de la KETHULLE de RYHOVE Wivine Patricia
Director (not named in the articles)
Earlierend not dated
Mandates as a list
  • DAVREUX Gaëtan Patrick
    • Director (not named in the articles), appointed by deed of 15-09-2020, last mentioned in 2020
  • de la KETHULLE de RYHOVE Wivine Patricia
    • Director (not named in the articles), appointed by deed of 15-09-2020, last mentioned in 2020

See the board, name and registered office on a given date →

Control

Shareholders
DAVREUX Gaëtan Patrick Bernard Nicolas, de la KETHULLE de RYHOVE Wivine Patricia Philippine Marie Ghislaine
This company
AGA2
Equity €138,523
Profit €20,681 in 2025

Capital

Contribution
€150,000
Shares
186
Contribution per share
€806
Equity per share
€745 in 2025
Source
deed of 15-09-2020

Articles of association

deed of 15-09-2020 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Tuesday of June at 18:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Shareholders

Stated in the deed deed of 05-10-2021 ↗
At incorporation deed of 15-09-2020 ↗

Capital transactions

Capital over time
  1. 05-10-2021 Capital stated in the deed · 186 shares
  2. 15-09-2020 Incorporation · €150,000 · 150 shares

Office holders in the KBO →

Network & group

No group

AGA2 has no parent and no holdings in its annual accounts.

Earlier ties

GREENROBOT
via DAVREUX Gaëtan Patrick Bernard Nicolas, at AGA2, last mentioned in 2020 · Director (not named in the articles) · deed of 05-10-2021
founded in 2005
 9.5 FTE (2025)

Connections & network

Depth

The network starts from the earlier ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

11 events since 2020

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 4 days before the deadline
2025
Highest result from 2021 to 2025 net €20,681 ▲650% The operating result of €56,182 and the net result of €20,681 are both a record.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0753737015
Annual accounts 2024 filed PDFmicro format · 37 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 34 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 21 days before the deadline
2022
Back to profit net €10,207 The net result is €10,207, after one loss-making year.
Annual accounts 2021 filed PDFmicro format · 18 days before the deadline
2021
Company renamed from AGA² to AGA2Registered office moved within Gembloux · New registered office: Chaussée de Tirlemont 68, 5030 Gembloux · Previous registered office: rue des Poiriers 3, 5030 Gembloux (Sauvenière) · General meeting of 23-09-20216 points ▸

Open the deed in the Belgian Official Gazette

2020
Incorporation · Resignations & appointmentsFounding capital of €150,000, 150 shares · Founders: DAVREUX Gaëtan Patrick and de la KETHULLE de RYHOVE Wivine Patricia · Appointments: DAVREUX Gaëtan Patrick (director) and de la KETHULLE de RYHOVE Wivine Patricia (director) · published on 15-09-20209 points ▸

Open the deed in the Belgian Official Gazette

First establishment AGA² srl, Chaussée de Tirlemont, Sauv. 68, Gembloux

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 7 September 2020, AGA2 was incorporated as a private limited company by two natural persons, with a starting capital of €150,000.12 Since 2021 the company has been called AGA2.3 In 2021 the registered office moved to Gembloux.3 Total assets went from €2.2m in 2021 to €1.9m in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 15-09-2020
  3. 3Belgian Official Gazette, 05-10-2021
  4. 4National Bank, annual accounts 2021 and 2025

Company details

Identity

Enterprise number
0753.737.015
VAT number
BE 0753.737.015
Peppol ID
0208:0753737015
Other Peppol ID
9925:BE0753737015
Legal form
Private limited company
Status
Active, normal situation
Founded
07-09-2020
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Tuesday of June at 18:00
deed of 15-09-2020 (in French)
Peppol
Reachable since 29-07-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
AGA2 in French
Former name
AGA² until the deed of 05-10-2021
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 15-09-2020 (in French)
Name clauseThe company operates under this name according to its articles.
AGA2
deed of 15-09-2020 (in French)

Activities

NACEBEL 2025
68203 Renting and operating of own or leased non-residential real estate, excluding land main activity
Codes under NACEBEL 2008
68203 Real estate rental main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Activités immobilières; La constitution et la gestion d'un patrimoine immobilier,la location financement de biens immeubles aux…”
5 activities
  1. Activités immobilières.
  2. La constitution et la gestion d'un patrimoine immobilier,la location financement de biens immeubles aux tiers,l'acquisition par l'achat ou autrement,la vente,l'échange,la construction,la transformation,l'amélioration,l'équipement,l'aménagement,l'embellissement,l'entretien,la location,le lotissement,la prospection,la rénovation et l'exploitation de biens immobiliers,ainsi que toutes opérations qui,directement ou indirectement,sont en relation avec cet objet ou de nature à favoriser l'accroissement et le rapport d'un patrimoine immobilier,de même que se porter caution pour la bonne fin d'engagement pris par des tiers qui auraient la jouissance de ces biens immobiliers.
  3. Prendre ou participer à des initiatives sous forme de participation ou aide à caractère technique,financière ou d'organisation.
  4. Représenter ses membres au sein de sociétés commerciales ou à forme commerciale et accepter toute forme de mandat.
  5. Prêter son assistance à des tiers en toutes matières sociales,techniques,financières,organiques,administratives et économiques.
deed of 15-09-2020 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Chaussée de Tirlemont 68 registered office 5030 Gembloux
AGA² srl Chaussée de Tirlemont, Sauv. 68, 5030 Gembloux 07-09-2020 2.310.342.040

Location

registered office establishment approximate The establishment unit on the map

Contact

E-mail gaetan.davreux@gmail.com establishment in Gembloux
Phone +32 479 50 30 33 establishment in Gembloux

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