AGconstrucTOIT
ActiveSummary
The computed 12-month bankruptcy probability of AGconstrucTOIT is 2.7% (moderate). The 2025 annual accounts show equity of €119,928 and a net result of €36,800. Equity is growing by about 47% per year across the filed financial years. Its solvency ranks better than 63% of 9,057 sector peers (NACE 41, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €119,928
- Profit
- €36,800
Why 53raises riskSector: Construction of residential and non-residential buildings (NACE 41)Founded in 2021Latest accounts 60 days late; 1 of the last 3 lateSize: total assets €215,058Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 41, micro): better than 64% on solvency, 41% on liquidity, 75% on profitability and 77% on growth.
The bankruptcy probability was computed on 13-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 4 accounts on average 18 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2022 to 2025net €36,800 ▲13.5%
- Equity above €100,000equity €119,928 ▲44.3%
Financials · financial year 2025, micro format
2025 annual accounts filed late (60 days) Filed on 29 June 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00260967.
2022 to 2025, 4 financial years
The operating result has risen three years in a row; 2025 is 12% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.7% 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 497,470 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 74.5% 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 26,975 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.
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €958 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €2,262 | €3,010 | €1,630 | ▼ 45.9% |
| Other operating charges640/8 | €37 | €831 | €4,816 | €3,709 | ▼ 23.0% |
| Gross operating margin9900 | €33,456 | €40,479 | €55,971 | €59,085 | ▲ 5.6% |
| Operating profit (loss)9901 | €33,419 | €36,429 | €48,145 | €53,746 | ▲ 11.6% |
| Financial charges65/66B | €195 | €121 | €264 | €340 | ▲ 28.7% |
| Recurring financial charges65 | €195 | €121 | €264 | €340 | ▲ 28.7% |
| Profit (loss) for the period before taxes9903 | €33,224 | €36,308 | €47,880 | €53,406 | ▲ 11.5% |
| Income taxes67/77 | €10,400 | €12,440 | €15,444 | €16,606 | ▲ 7.5% |
| Profit (loss) for the period9904 | €22,823 | €23,869 | €32,436 | €36,800 | ▲ 13.5% |
| Profit (loss) for the period to be appropriated9905 | €22,823 | €23,869 | €32,436 | €36,800 | ▲ 13.5% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €65,178 | €100,505 | €120,708 | €215,058 | ▲ 78.2% |
| Fixed assets21/28 | - | €3,513 | €2,747 | €2,511 | ▼ 8.6% |
| Tangible fixed assets22/27 | - | €3,513 | €2,747 | €2,511 | ▼ 8.6% |
| Plant, machinery and equipment23 | - | - | €1,496 | €748 | ▼ 50.0% |
| Furniture and vehicles24 | - | €3,513 | €1,250 | €1,763 | ▲ 41.0% |
| Current assets29/58 | €65,178 | €96,993 | €117,962 | €212,546 | ▲ 80.2% |
| Stocks and contracts in progress3 | - | - | €20,822 | - | - |
| Contracts in progress37 | - | - | €20,822 | - | - |
| Amounts receivable within one year40/41 | €62,546 | €92,225 | €93,356 | €187,303 | ▲ 101% |
| Trade receivables40 | €21,949 | €38,874 | €5,686 | €71,684 | ▲ 1,161% |
| Other amounts receivable41 | €40,597 | €53,351 | €87,670 | €115,619 | ▲ 31.9% |
| Cash at bank and in hand54/58 | €2,632 | €4,768 | €3,783 | €25,243 | ▲ 567% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €65,178 | €100,505 | €120,708 | €215,058 | ▲ 78.2% |
| Equity10/15 | €26,823 | €50,692 | €83,128 | €119,928 | ▲ 44.3% |
| Contributions10/11 | €4,000 | €4,000 | €4,000 | €4,000 | = |
| Reserves13 | €20,000 | €45,000 | €70,000 | €90,000 | ▲ 28.6% |
| Distributable reserves133 | €20,000 | €45,000 | €70,000 | €90,000 | ▲ 28.6% |
| Profit (loss) carried forward14 | €2,823 | €1,692 | €9,128 | €25,928 | ▲ 184% |
| Amounts payable17/49 | €38,355 | €49,813 | €37,580 | €95,129 | ▲ 153% |
| Amounts payable within one year42/48 | €38,355 | €49,813 | €37,580 | €95,129 | ▲ 153% |
| Trade debts44 | €27,955 | €37,294 | €22,136 | €78,523 | ▲ 255% |
| Suppliers440/4 | €8,691 | €13,699 | €19,653 | €66,451 | ▲ 238% |
| Bills of exchange payable441 | €19,264 | €23,594 | €2,483 | €12,072 | ▲ 386% |
| Taxes, remuneration and social security45 | €10,400 | €12,520 | €15,444 | €16,606 | ▲ 7.5% |
| Taxes450/3 | €10,400 | €12,520 | €15,444 | €16,606 | ▲ 7.5% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,823 | €23,869 | €32,436 | €36,800 | ▲ 13.5% |
| + Depreciation and write-downs630 | - | €2,262 | €3,010 | €1,630 | ▼ 45.9% |
| Operating cash flow (approximation) | €22,823 | €26,131 | €35,447 | €38,430 | ▲ 8.4% |
| Investment in fixed assets (approximation) | - | - | -€2,244 | -€1,394 | ▲ 37.9% |
| Change in cash | - | €2,136 | -€984 | €21,460 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (4)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | micro format | 29-06-2026 | 2026-00260967 |
| 30-09-2024 | micro format | 08-05-2025 | 2025-00093415 |
| 30-09-2023 | micro format | 30-04-2024 | 2024-00077927 |
| 30-09-2022 | micro format | 03-05-2023 | 2023-00076857 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Ghetivu Anna |
|
Owners and capital
Capital and shareholders
- Ghetivu Gheorghe 50 shares
- Ghetivu Anna 50 shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
24-09
Gazette deed
Appointment: Ghetivu Anna (director)Shareholding3 facts ▸
- General meeting, 01-06-2025
- Shareholding, 01-06-2025, 50 (2 times)
- Director appointment, Ghetivu Anna (director)
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 14 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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, with enterprise number 0767.504.580
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23030D0118/00C002 | Flanders | 474 m² | 1 · 91 m² | 10.0 m · 2 |