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Agaat

Active
Public limited companyfounded 198244 yrs activeVosseschijnstraat 140, 2030 Antwerpen, BelgiumKBO/BCE: BE 0422.392.438
Summary

Agaat has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.6m and a net result of -€11,219. Equity is growing by ~15.5% per year across the filed fiscal years. Its solvency ranks better than 60% of 9081 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).

Risk analysisWatch ReportCompare
AgaatActiveChecked score 67/100
Risk analysis ReportCompare

Overview

Activity
Wholesale of solid, liquid and gaseous fuels and related products
NACE 46810NACE 46710Non-specialised wholesale trade NACE 46900
1 site
Size
€4.8mtotal assets 2024
Staff
4.9 FTE
Equity
€2.6m
Loss
-€11,219
Turnover not published (abridged schema)
Financial health
67 Healthy Checked score 2024
Bankruptcy chance 12 m
0.9%
Structure
Parent
RD SHIPPING · 100%
Holdings
1
Accounts 64 d overdue0 of 20 deeds read
Why 67- Figures for FY 2024 (filed 29-08-2025)- Liquidity: current ratio 2.53, cash €68,380, halved+ Founded in 1982+ Equity €2.6m (54.0% of total assets)Show the evidence

Checked score

Score 2024
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 48% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Strong
Solvency 79+2
equity 54.0% of total assets
Liquidity 49-5
short-term debt 15.1% · cash 1.4%
Profitability 61-23
return on assets -0.2%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,775 companies)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● 0.0% vs 11-2024 01-2025: < 0.1%● 0.0% vs 12-2024 02-2025: < 0.1%● 0.0% vs 01-2025 03-2025: < 0.1%▼ -2.1% vs 02-2025lowest value 04-2025: < 0.1%▲ +4.3% vs 03-2025 05-2025: < 0.1%▲ +2.1% vs 04-2025 06-2025: 0.1%▲ +16.3% vs 05-2025 07-2025: 0.1%▲ +49.1% vs 06-2025 08-2025: 0.2%▲ +102% vs 07-2025 09-2025: 0.2%▼ -8.7% vs 08-2025 10-2025: 0.2%● 0.0% vs 09-2025 11-2025: 0.2%● 0.0% vs 10-2025 12-2025: 0.2%● 0.0% vs 11-2025 01-2026: 0.2%● 0.0% vs 12-2025 02-2026: 0.2%● 0.0% vs 01-2026 03-2026: 0.2%▲ +1.9% vs 02-2026 04-2026: 0.2%▲ +6.3% vs 03-2026 05-2026: 0.2%▲ +4.7% vs 04-2026 06-2026: 0.2%▼ -3.9% vs 05-2026 07-2026: 0.2%▲ +1.2% vs 06-2026 08-2026: 0.4%▲ +145% vs 07-2026 09-2026: 0.5%▲ +28.1% vs 08-2026 10-2026: 0.9%▲ +74.4% vs 09-2026highest value
  • Figures for FY 2024 (filed 29-08-2025) raises the probability
  • Founded in 1982 lowers the probability for this profile
  • Liquidity: current ratio 2.53, cash €68,380, halved raises the probability
  • Equity €2.6m (54.0% of total assets) lowers the probability
Credit up to €170,000 at 30 days acceptable
Liquidity ample (current ratio 2.53 against 2.76 in 2023; short-term debt: 15.1% and cash: 1.4% of total assets), and 46% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 61%, liquidity 48%, profitability 45%, growth against the median 38%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 29-08-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1982
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Liquidity: current ratio 2.53, cash €68,380, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Equity €2.6m (54.0% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
29 d late
2023
20 d early
2022
32 d early
2021
9 d early
2020
30 d early
2019
73 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 23 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · abbreviated…
  2. Annual accounts filedfiscal year 2023 · abbreviated…
  3. Back to profitnet €872,369

Key points

  • Caution: From profit to loss in 2024after €872,369 in 2023 -€11,219 View
  • Positive: Among the best 10% on equitysector median €490,823 · 9,085 companies €2.6m View
  • Caution: Accounts not fileddeadline was 31-07-2026 64 d late View
  • Controlled by RD SHIPPINGitself parent of 1 companies 100% View

By topic

Financials

Fiscal year
2024
Total assets
€4.8m
Loss
-€11,219
Solvency
54.0%
Total assets▼ 4.7%
Net result
20182024
Go to Financials

Timeline

Events
14
Since
2016
  1. 29-08-2025Annual accounts filed
  2. 11-07-2024Annual accounts filed
  3. 31-12-2023Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale of solid, liquid and gaseous fuels and…NACE 46810
Founded
22-01-1982
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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