AGARTHA
ActiveSummary
AGARTHA has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €110k and a net result of €16k. Equity is growing by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 69% of 97 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability83▲+80
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 3.99 against 6.56 in 2025; short-term debt: 18.1% and cash: 43.2% of total assets), and 20.8% of the assets are financed with debt.
Credit check for your own amount and term
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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
79.2%
Return on assets
11.2%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 08-09-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
53 d early
2025
49 d early
2024
8 d early
2023
26 d early
2022
32 d early
2021
4 d early
2020
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, micro schema
Equity
€110k▲ 16.4%
2025 · €95k
Total assets
€139k▲ 23.4%
2025 · €113k
Net result
€16k
2025 · €-14k
Working capital
€75k▲ 24.6%
2025 · €61k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result€19k▼ 2.1%€18k▼ 4.4%€-11k€-13k▼ 27.2%€17k
Net result€13k▼ 26.3%€13k▼ 4.1%€-11k€-14k▼ 25.6%€16k
Equity€108k▲ 14.3%€120k▲ 11.2%€109k▼ 9.3%€95k▼ 12.8%€110k▲ 16.4%
Total assets€125k▲ 21.3%€147k▲ 17.1%€137k▼ 6.5%€113k▼ 17.7%€139k▲ 23.4%
Debt€17k▲ 96.1%€27k▲ 53.5%€28k▲ 6.2%€18k▼ 36.3%€29k▲ 59.6%
Working capital€97k▲ 16.6%€107k▲ 11.1%€94k▼ 12.6%€61k▼ 35.5%€75k▲ 24.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2026: €17k after a loss of €13k in 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €139k
Fixed assets
€39k ▼ 7.0%
Current assets
€101k ▲ 41.0%
Equity and liabilities €139k
Equity
€110k ▲ 16.4%
Debt
€29k ▲ 59.6%
Debt's share of the balance-sheet total rises from 16.1% to 20.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€21k▲
2025 · €-9k
Cash flow
€20k▲
2025 · €-10k
Current ratio
3.99▼
2025 · 6.56
Debt to equity
0.26▲
2025 · 0.19
ROE
14.1%▲
2025 · -14.7%
ROA
11.2%▲
2025 · -12.4%
Interest coverage
51.52▲
2025 · -16.73
Debt ≤ 1 year
€25k▲
2025 · €11k
Debt > 1 year
€4k▼
2025 · €7k
Income taxes
€2k▲
2025 · €169
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €341 | €275 | €4k | €4k | €4k | ▼ 1.1% |
| Other operating charges640/8 | €514 | €413 | €546 | €457 | €471 | ▲ 3.1% |
| Gross operating margin9900 | €20k | €19k | €-6k | €-9k | €22k | ▲ 341% |
| Operating profit (loss)9901 | €19k | €18k | €-11k | €-13k | €17k | ▲ 228% |
| Financial income75/76B | €11 | €16 | €235 | €217 | €353 | ▲ 62.7% |
| Recurring financial income75 | €11 | €16 | €235 | €217 | €353 | ▲ 62.7% |
| Financial charges65/66B | €20 | €186 | €726 | €564 | €411 | ▼ 27.1% |
| Recurring financial charges65 | €20 | €186 | €726 | €564 | €411 | ▼ 27.1% |
| Profit (loss) for the period before taxes9903 | €19k | €18k | €-11k | €-14k | €17k | ▲ 225% |
| Income taxes67/77 | €6k | €5k | €50 | €169 | €2k | ▲ 851% |
| Profit (loss) for the period9904 | €13k | €13k | €-11k | €-14k | €16k | ▲ 212% |
| Profit (loss) for the period to be appropriated9905 | €13k | €13k | €-11k | €-14k | €16k | ▲ 212% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €125k | €147k | €137k | €113k | €139k | ▲ 23.4% |
| Fixed assets21/28 | €11k | €29k | €25k | €41k | €39k | ▼ 7.0% |
| Tangible fixed assets22/27 | €680 | €19k | €15k | €11k | €8k | ▼ 25.4% |
| Furniture and vehicles24 | €680 | €19k | €15k | €11k | €8k | ▼ 25.4% |
| Financial fixed assets28 | €10k | €10k | €10k | €30k | €30k | ▼ 0.2% |
| Current assets29/58 | €114k | €117k | €112k | €71k | €101k | ▲ 41.0% |
| Amounts receivable within one year40/41 | €101k | €77k | €71k | €9k | €39k | ▲ 355% |
| Trade receivables40 | €99k | €75k | €71k | €8k | €39k | ▲ 366% |
| Other amounts receivable41 | €1k | €1k | - | €218 | €127 | ▼ 41.7% |
| Cash at bank and in hand54/58 | €14k | €40k | €40k | €62k | €60k | ▼ 3.6% |
| Deferred charges and accrued income490/1 | - | €536 | €1k | €388 | €1k | ▲ 216% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €125k | €147k | €137k | €113k | €139k | ▲ 23.4% |
| Equity10/15 | €108k | €120k | €109k | €95k | €110k | ▲ 16.4% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Reserves13 | €15k | €28k | €28k | €28k | €44k | ▲ 54.9% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €13k | €26k | €26k | €26k | €42k | ▲ 59.0% |
| Profit (loss) carried forward14 | €72k | €71k | €60k | €46k | €46k | = |
| Amounts payable17/49 | €17k | €27k | €28k | €18k | €29k | ▲ 59.6% |
| Amounts payable after more than one year17 | - | €17k | €11k | €7k | €4k | ▼ 49.0% |
| Financial debts170/4 | - | €17k | €11k | €7k | €4k | ▼ 49.0% |
| Amounts payable within one year42/48 | €17k | €10k | €18k | €11k | €25k | ▲ 132% |
| Current portion of amounts payable after more than one year42 | - | - | €3k | €3k | €4k | ▲ 4.1% |
| Trade debts44 | €3k | €4k | €5k | €2k | €3k | ▲ 40.0% |
| Suppliers440/4 | €3k | €4k | €5k | €2k | €3k | ▲ 40.0% |
| Taxes, remuneration and social security45 | €14k | €5k | €9k | €5k | €18k | ▲ 256% |
| Taxes450/3 | €12k | €2k | €3k | €144 | €11k | ▲ 7,278% |
| Remuneration and social security454/9 | €3k | €3k | €6k | €5k | €8k | ▲ 55.8% |
| Other amounts payable47/48 | - | €1k | €494 | - | - | - |
| Accrued charges and deferred income492/3 | - | €1 | €1 | €1 | €2 | ▲ 100% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13k | €13k | €-11k | €-14k | €16k | ▲ 212% |
| + Depreciation and write-downs630 | €341 | €275 | €4k | €4k | €4k | ▼ 1.1% |
| Operating cash flow (approximation) | €14k | €13k | €-7k | €-10k | €20k | ▲ 296% |
| Investment in fixed assets (approximation) | - | €-19k | €-1 | €-20k | €-1k | ▲ 94.7% |
| Change in cash | - | €26k | €-374 | €23k | €-2k | ▼ 110% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
08-09
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial
Back to profitnet €16k
Net result €16k after 2 loss-making years.
31-03
Financial
Equity above €100kEq €110k ▲16.4%
Equity rises from €95k to €110k.
2025
12-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
23-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Equity above €100kEq €108k ▲14.3%
3 profitable years in a row build equity to €108k.
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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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Directors · office · real estate
Directors
2 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
Registered office, Sint-Lambrechts-Woluwe · 1 establishment unit since 2000
Ground area
1,983 m²
Building footprint
327 m²
Volume, LiDAR
4,095 m³
Parcel 21674C0125/00X000, Brussels · tallest building 15.8 m, ±4 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
AGARTHA
since 20002.094.886.333
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21674C0125/00X000 | Brussels | 1,983 m² | 1 · 327 m² | 15.8 m · 4 fl. |
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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Of 11,571 companies in sector 71121 we hold annual accounts for 6,561. 5,237 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-10-1999
Fiscal year end31-03
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
47784Retail sale of souvenirs and religious articles
70200Business and other management consultancy
82300Organisation of conventions and trade shows
Scores and ratios are computed by Checked and are not a credit decision.