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AGC

Active
Private limited companyfounded 2023active for 3 yearsBrusselstraat 51, 2018 Antwerpen, BelgiumKBO/BCE: BE 0802.857.221
Summary

The computed 12-month bankruptcy probability of AGC is 2.4% (moderate). The 2025 annual accounts show negative equity (-€5,271) and a net result of -€743. Its solvency ranks better than 5% of 1,687 sector peers (NACE 33, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Overview

Official details

Source: KBO
Status
Active since 19-06-2023 Normal situation
Registered office
237 active companies are registered at this address 17 started in the 12 months before. Source: KBO register, as of 4 November 2026.
Activity
Repair and maintenance of fabricated metal products NACE 33110and 5 others
Establishment unit
2.346.457.219 2018 Antwerpen, since 19-06-2023
Financial year end
31 December
Peppol
Reachable since 18-12-2025

Board and ownership

Board

Financial position

50 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.4%
Annual accounts 2025
Gross margin
€48
Turnover
≈ €370
estimated
Loss
€743
▼ 86.6%
Equity
-€5,271
▼ 16.4%
Total assets
€995
▼ 54.0%
  • Negative equity on 31-12-2025
Score breakdownraises riskFounded in 2023Negative equity -€5,271Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)lowers riskSize: total assets €995Show the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 9% of micro companies in repair and installation of machinery (NACE 33)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -529.7% of total assets
Liquidity 9+9
short-term debt 629.7% · cash 7.0%
Profitability 2+2
return on assets -74.6%
Bankruptcy probability within 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (2,394 companies, NACE 33, micro)
Last 24 months 12-2024: 2.7% 01-2025: 2.9%▲ +0.2 percentage points vs 12-2024 02-2025: 2.9%● unchanged vs 01-2025 03-2025: 2.9%● unchanged vs 02-2025 04-2025: 2.9%● unchanged vs 03-2025 05-2025: 3.1%▲ +0.2 percentage points vs 04-2025 06-2025: 3.2%▲ +0.1 percentage points vs 05-2025 07-2025: 3.4%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 3.4%● unchanged vs 07-2025highest value 09-2025: 3.4%● unchanged vs 08-2025highest value 10-2025: 3.4%● unchanged vs 09-2025highest value 11-2025: 3.4%● unchanged vs 10-2025highest value 12-2025: 3.4%● unchanged vs 11-2025highest value 01-2026: 3.3%▼ -0.1 percentage points vs 12-2025 02-2026: 3.2%▼ -0.1 percentage points vs 01-2026 03-2026: 3.0%▼ -0.2 percentage points vs 02-2026 04-2026: 2.4%▼ -0.6 percentage points vs 03-2026lowest value 05-2026: 2.4%● unchanged vs 04-2026lowest value 06-2026: 2.4%● unchanged vs 05-2026lowest value 07-2026: 2.4%● unchanged vs 06-2026lowest value 08-2026: 2.4%● unchanged vs 07-2026lowest value 09-2026: 2.4%● unchanged vs 08-2026lowest value 10-2026: 2.4%● unchanged vs 09-2026lowest value 11-2026: 2.4%● unchanged vs 10-2026lowest value
No credit on open account
The balance sheet total is too small for a liquidity verdict. Equity is negative.
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 33, micro). It does better than 3% of them on solvency, 5% on liquidity, 9% on profitability and 20% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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).

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

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €995
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Negative equity -€5,271
NBB · annual accounts
raises risk · Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2425
2024 to 2025 · latest year -€5,271
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 05-03-2026, 148 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
148 days early
2024
57 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 103 days before the deadline. In the sector (NACE 33), the median for financial year 2024 was 3 days before the deadline, and 39% 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.
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 05-03-2026 PDF all 2 filings

Turnover
≈ €370
Estimated: probably between €170 and €890
Total assets
€995▼ 54.0%
2024 · €2,161
Net result
-€743▲ 86.6%
2024 · -€5,528
Working capital
-€5,818▼ 2.6%
2024 · -€5,672
Multi-year overview
2024 to 2025, 2 financial years
Operating result
-€549
▲ 89.8% 2025
20242025
Net result
-€743
▲ 86.6% 2025
lowest quarter of the sector
20242025
Equity
-€5,271
▼ 16.4% 2025
lowest quarter of the sector
20242025
Total assets
€995
▼ 54.0% 2025
lowest quarter of the sector
20242025
Debt
€6,266
▼ 6.3% 2025
20242025
Working capital
-€5,818
▼ 2.6% 2025
lowest quarter of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€5,396--€549▲ 89.8%
Net result-€5,528below the sector's middle half--€743below the sector's middle half▲ 86.6%
Equity-€4,528below the sector's middle half--€5,271below the sector's middle half▼ 16.4%
Total assets€2,161below the sector's middle half-€995below the sector's middle half▼ 54.0%
Debt€6,690-€6,266▼ 6.3%
Working capital-€5,672below the sector's middle half--€5,818below the sector's middle half▼ 2.6%
above within below The sector band is the middle half of the companies in Repair, maintenance and installation of machinery and equipment (NACE 33). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is a loss of €549, smaller than the loss of €5,396 in 2024.

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

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €995
Fixed assets €546 ▼ 52.2%
Current assets €449 ▼ 55.9%
Equity and liabilities
Equity-€5,271
Debt€6,266
Equity is negative. Debt (€6,266) exceeds the balance-sheet total (€995).
Key figures and ratios
2025 value · change against 2024
EBITDA
€48▲
2024 · -€4,478
Cash flow
-€146▲
2024 · -€4,611
Interest coverage
0.25▲
2024 · -33.82
Debt ≤ 1 year
€6,266▼
2024 · €6,690
The ratios are withheld because a balance sheet total of €995 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20242025
Intangible fixed assets€1,791-
Financial fixed assets€270-
Depreciation and write-downs of the year€918€597

Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€2,161€995▼
Fixed assets21/28€1,144€546▼
Intangible fixed assets21€874€276▼
Financial fixed assets28€270€270=
Current assets29/58€1,018€449▼
Amounts receivable within one year40/41€1,018€379▼
Trade receivables40-€357
Other amounts receivable41€1,018€22▼
Cash at bank and in hand54/58-€69
Equity and liabilities
Total equity and liabilities10/49€2,161€995▼
Equity10/15-€4,528-€5,271▼
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14-€5,528-€6,271▼
Amounts payable17/49€6,690€6,266▼
Amounts payable within one year42/48€6,690€6,266▼
Financial debts43€80-
Credit institutions430/8€80-
Trade debts44€726-
Suppliers440/4€726-
Other amounts payable47/48€5,884€6,266▲
Income statement Code20242025
Goods, raw materials, services and sundry goods60/61€3,685-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€918€597▼
Other operating charges640/8€794-
Gross operating margin9900-€3,685€48▲
Operating profit (loss)9901-€5,396-€549▲
Financial charges65/66B€132€194▲
Recurring financial charges65€132€194▲
Profit (loss) for the period before taxes9903-€5,528-€743▲
Profit (loss) for the period9904-€5,528-€743▲
Profit (loss) for the period to be appropriated9905-€5,528-€743▲
Appropriation of the result
Profit (loss) to be appropriated9906-€5,528-€6,271▼
Profit (loss) brought forward from the previous period14P--€5,528

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 filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 05-03-2026.

Line20242025Change
Goods, raw materials, services and sundry goods60/61€3,685--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€918€597▼ 34.9%
Other operating charges640/8€794--
Gross operating margin9900-€3,685€48-
Operating profit (loss)9901-€5,396-€549▲ 89.8%
Financial charges65/66B€132€194▲ 46.5%
Recurring financial charges65€132€194▲ 46.5%
Profit (loss) for the period before taxes9903-€5,528-€743▲ 86.6%
Profit (loss) for the period9904-€5,528-€743▲ 86.6%
Profit (loss) for the period to be appropriated9905-€5,528-€743▲ 86.6%
Line20242025Change
Assets
Total assets20/58€2,161€995▼ 54.0%
Fixed assets21/28€1,144€546▼ 52.2%
Intangible fixed assets21€874€276▼ 68.4%
Financial fixed assets28€270€270=
Current assets29/58€1,018€449▼ 55.9%
Amounts receivable within one year40/41€1,018€379▼ 62.7%
Trade receivables40-€357-
Other amounts receivable41€1,018€22▼ 97.8%
Cash at bank and in hand54/58-€69-
Equity and liabilities
Total equity and liabilities10/49€2,161€995▼ 54.0%
Equity10/15-€4,528-€5,271▼ 16.4%
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14-€5,528-€6,271▼ 13.4%
Amounts payable17/49€6,690€6,266▼ 6.3%
Amounts payable within one year42/48€6,690€6,266▼ 6.3%
Financial debts43€80--
Credit institutions430/8€80--
Trade debts44€726--
Suppliers440/4€726--
Other amounts payable47/48€5,884€6,266▲ 6.5%
Line20242025Change
Profit (loss) for the period9904-€5,528-€743▲ 86.6%
+ Depreciation and write-downs630€918€597▼ 34.9%
Operating cash flow (approximation)-€4,611-€146▲ 96.8%
Investment in fixed assets (approximation)-€0-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 7,639 companies had the same profile as AGC has now. Two years later, 84.8% were still going and 8.8% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
84.8% was still going
5.6% stopped otherwise
8.8% went bankrupt

Another 0.7% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of AGC itself: 2.4% within 12 months.

Test of the method

The method was tested on the 497,446 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 7,639 companies, not a prediction for AGC. 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.

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 05-03-2026 2026-00049392 PDF
31-12-2024 micro format 04-06-2025 2025-00118559 PDF

Board & ownership

Directors

Directors
1 director, no change since 2023
CELIK,Ali
Director · appointed in the act of 21-06-2023 · listed in the 2025 annual accounts, filed on 05-03-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“6.3. Bestuursbevoegdheid Iedere bestuurder beschikt individueel over de meest uitgebreide macht om alle daden van bestuur te verrichten die…”
deed of 21-06-2023

Owners and capital

Shareholders

At incorporation act of 21-06-2023 ↗

Capital transactions

Capital over time
  1. 21-06-2023 Incorporation · €1,000 · 100 shares

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
“6.1, natuurlijke en rechtspersonen”
“6.2.1-6.2.2, algemene vergadering”
“6.2.3-6.2.4, kan zelf nodige doen om beëindiging tegenstelbaar te maken aan derden”
“6.5, tenzij bij benoeming anders bepaald,voor bepaalde termijn benoemd”

Articles of association, deed of 21-06-2023 (in Dutch)

Network & group

AGC shares no director with another company.

Companies at the same address

236 other companies

Connections & network

1 current director
Depth

The network starts from the directors of AGC. Every other company they run is a node.

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

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
05-03
NBB filing Annual accounts 2025 filedPDF
micro format · 148 days before the deadline
2025
04-06
NBB filing Annual accounts 2024 filedPDF
micro format · 57 days before the deadline
2023
21-06
Gazette deed Incorporation
Starting capital €1,000 · Appointment: CELIK,Ali (director) · Founder6 points ▸
  • Incorporation, “AGC” (deed in Dutch)
  • Founder, CELIK,Ali
  • Founding capital, €1,000
  • Bank account, “ING BANK, bijzondere rekening ten name van de vennootschap in oprichting” (deed in Dutch)
  • Capital, €1,000
  • Director appointment, CELIK,Ali (director)

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

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

History

AGC was incorporated on 19 June 2023 as a private limited company by one natural person, with a starting capital of €1,000.12 CELIK,Ali is director of the company, appointed in the act of 21-06-2023.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 21-06-2023
  3. 3National Bank, annual accounts 2025

Company details

Register details

Identity

KBO record
Name AGC in Dutch
Enterprise number 0802.857.221
Legal form Private limited company
Status Active, normale toestand
Founded 19-06-2023
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 21-06-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, 2018 Antwerpen,Brusselstraat 51”
deed of 21-06-2023 (in Dutch)

Registered office and establishments

Registered office Brusselstraat 51, 2018 Antwerpen, Belgium
Establishment unit AGC, Brusselstraat 51, 2018 Antwerpen since 19-06-2023 · unit number 2.346.457.219

Activities

NACEBEL 2025
33110 Repair and maintenance of fabricated metal products main activity
41001 General construction of residential buildings
46389 Wholesale of other food products
46419 Wholesale trade
81210 General cleaning of buildings
81220 Other building cleaning and industrial cleaning
Codes under NACEBEL 2008
33110 Repair, maintenance and installation of machinery and equipment main activity
41201 General construction of buildings
46389 Wholesale of other food products
46419 Wholesale trade
81210 General cleaning of buildings
81220 Other building cleaning and industrial cleaning

Invoicing and payment

VAT number BE 0802.857.221
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0802857221
Registered 18-12-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 3 November 2026 · Peppol Directory

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0802.857.221

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June
deed of 21-06-2023 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map
237 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
261 m²
Building footprint
261 m²
Building volume
4,112 m³
Cadastral parcel Region Area Buildings Height / floors
11811L3838/00N000 Flanders 261 m² 1 · 261 m² 22.5 m · 6