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AGECKO

Active
Private limited companyfounded 2023active for 3 yearsChaussée de Bruxelles, Bovesse 5, 5081 La Bruyère, BelgiumKBO/BCE: BE 0804.467.619
Summary

The computed 12-month bankruptcy probability of AGECKO is 4.3% (elevated). The 2024 annual accounts show equity of €20,114 and a net result of €18,273. Its solvency ranks better than 66% of 18,733 sector peers (NACE 56, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Full-service restaurants
NACE 56111
1 site
Size
≈ €140,000turnover 2024, estimated
Staff
≈ 0 FTE, estimated
Equity
€20,114
Profit
€18,273
Turnover estimated from the gross margin
Financial health
50 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
4.3%
Structure
2024 accounts filed 29 days late
Why 50raises riskFigures for financial year 2024 (filed 29-08-2025)Size: total assets €42,007Founded in 2023Sector: Food and beverage service activities (NACE 56)Show the evidence

Checked score

Score 2024
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 78% of its sector peers (NACE 56, micro)
Financial strength
Strong
Solvency 73
equity 47.9% of total assets
Liquidity 69
short-term debt 52.1% · cash 36.5%
Profitability 100
return on assets 43.5%
Bankruptcy probability, 12 months
4.3% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,772 companies, NACE 56, micro)
Last 24 months 11-2024: 7.3% 12-2024: 7.5%▲ +0.2 percentage points vs 11-2024 01-2025: 8.0%▲ +0.5 percentage points vs 12-2024 02-2025: 8.0%● unchanged vs 01-2025 03-2025: 8.3%▲ +0.3 percentage points vs 02-2025 04-2025: 8.3%● unchanged vs 03-2025 05-2025: 8.1%▼ -0.2 percentage points vs 04-2025 06-2025: 8.1%● unchanged vs 05-2025 07-2025: 8.6%▲ +0.5 percentage points vs 06-2025highest value 08-2025: 8.6%● unchanged vs 07-2025highest value 09-2025: 2.0%▼ -6.6 percentage points vs 08-2025 10-2025: 2.0%● unchanged vs 09-2025 11-2025: 2.0%● unchanged vs 10-2025 12-2025: 2.0%● unchanged vs 11-2025 01-2026: 2.0%● unchanged vs 12-2025 02-2026: 2.0%● unchanged vs 01-2026lowest value 03-2026: 2.0%● unchanged vs 02-2026 04-2026: 2.1%▲ +0.1 percentage points vs 03-2026 05-2026: 2.1%● unchanged vs 04-2026 06-2026: 2.1%● unchanged vs 05-2026 07-2026: 2.2%▲ +0.1 percentage points vs 06-2026 08-2026: 2.9%▲ +0.7 percentage points vs 07-2026 09-2026: 3.2%▲ +0.3 percentage points vs 08-2026 10-2026: 4.3%▲ +1.1 percentage points vs 09-2026
Credit of up to €1,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity insufficient (current ratio 0.71, below 1; short-term debt: 52.1% and cash: 36.5% of total assets), and 52.1% of the assets are financed with debt and provisions.
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 56, micro): better than 66% on solvency, 74% on liquidity and 93% on profitability.

The bankruptcy probability was computed on 30-10-2026 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).

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Signals

Five signals.
raises risk
raises risk · Figures for financial year 2024 (filed 29-08-2025)
NBB · annual accounts
raises risk · Size: total assets €42,007
Companies of this size fail more often; how much that weighs depends on the rest of its 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 its profile.
KBO
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · 2024 accounts filed 29 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2024
29 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 29 days after the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Registered officeRegistered office clause
  3. IncorporationAppointments: BECK Marleen Louise Léon…

Financials · financial year 2024, micro format

2024 annual accounts filed late (29 days) Filed on 29 August 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00445587.

Turnover
≈ €140,000
Estimated: probably between €110,000 and €180,000
Total assets
€42,007
Net result
€18,273
Working capital
-€6,367

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

Balance-sheet composition
Assets €41,428
Fixed assets €25,902
Current assets €15,527
Equity and liabilities €42,007
Equity €20,114
Debt €21,894
Debt finances 52.1% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€26,614
Cash flow
€22,771
Current ratio
0.71
Debt to equity
1.09
ROE
90.9%
ROA
43.5%
Interest coverage
-7.86
Debt ≤ 1 year
€21,894
Income taxes
€6,086
Staff costs
€244

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% still going

For this company itself Checked computes a higher bankruptcy probability: 4.3% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

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 39,278 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 37 lines
Balance sheet Code2024
Assets
Total assets20/58€42,007
Formation expenses20€579
Fixed assets21/28€25,902
Tangible fixed assets22/27€25,902
Land and buildings22€19,312
Plant, machinery and equipment23€6,046
Furniture and vehicles24€544
Current assets29/58€15,527
Cash at bank and in hand54/58€15,332
Deferred charges and accrued income490/1€195
Equity and liabilities
Total equity and liabilities10/49€42,007
Equity10/15€20,114
Contributions10/11€3,000
Contributions outside capital11€3,000
Other1109/19€3,000
Profit (loss) carried forward14€17,114
Amounts payable17/49€21,894
Amounts payable within one year42/48€21,894
Trade debts44€5,540
Suppliers440/4€5,540
Taxes, remuneration and social security45€9,098
Taxes450/3€9,098
Other amounts payable47/48€7,256
Income statement Code2024
Remuneration, social security and pensions62€244
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,497
Other operating charges640/8€1,100
Gross operating margin9900€27,958
Operating profit (loss)9901€22,117
Financial charges65/66B-€2,242
Recurring financial charges65-€3,387
Non-recurring financial charges66B€1,144
Profit (loss) for the period before taxes9903€24,359
Income taxes67/77€6,086
Profit (loss) for the period9904€18,273
Profit (loss) for the period to be appropriated9905€18,273
Appropriation of the result
Profit (loss) to be appropriated9906€17,114
Profit (loss) brought forward from the previous period14P-€1,160

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€244
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,497
Other operating charges640/8€1,100
Gross operating margin9900€27,958
Operating profit (loss)9901€22,117
Financial charges65/66B-€2,242
Recurring financial charges65-€3,387
Non-recurring financial charges66B€1,144
Profit (loss) for the period before taxes9903€24,359
Income taxes67/77€6,086
Profit (loss) for the period9904€18,273
Profit (loss) for the period to be appropriated9905€18,273
Line2024
Assets
Total assets20/58€42,007
Formation expenses20€579
Fixed assets21/28€25,902
Tangible fixed assets22/27€25,902
Land and buildings22€19,312
Plant, machinery and equipment23€6,046
Furniture and vehicles24€544
Current assets29/58€15,527
Cash at bank and in hand54/58€15,332
Deferred charges and accrued income490/1€195
Equity and liabilities
Total equity and liabilities10/49€42,007
Equity10/15€20,114
Contributions10/11€3,000
Contributions outside capital11€3,000
Other1109/19€3,000
Profit (loss) carried forward14€17,114
Amounts payable17/49€21,894
Amounts payable within one year42/48€21,894
Trade debts44€5,540
Suppliers440/4€5,540
Taxes, remuneration and social security45€9,098
Taxes450/3€9,098
Other amounts payable47/48€7,256
Line2024
Profit (loss) for the period9904€18,273
+ Depreciation and write-downs630€4,497
Operating cash flow (approximation)€22,771

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2024 micro format 29-08-2025 2025-00445587

Similar companies · same sector, comparable size

Of the 20,096 active companies whose main activity is full-service restaurants (NACE 56111), figures are known for 11,854. 9,121 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, no change since 2023
ALGOET Philippe Joël Eddy Ghislain
Administrateur en cas de vacance de l'administrateur unique · since 03-08-2023
Current
BECK Marleen Louise Léon
Director · since 03-08-2023
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

2 people since 2023, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
ALGOET Philippe Joël Eddy Ghislain
  • Administrateur en cas de vacance de l'administrateur unique, from 03-08-2023 to date
BECK Marleen Louise Léon
  • Director, from 03-08-2023 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 03-08-2023 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 03-08-2023 Incorporation · €3,000 · 300 shares

Group and network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

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

History

AGECKO was incorporated on 1 August 2023 as a private limited company by one natural person, with a starting capital of €3,000.12 The board currently has 2 members; 2 of them have served since 2023.2 The company has filed annual accounts once, for financial year 2024.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 03-08-2023
  3. 3National Bank, annual accounts 2024

Acts, filings and financial milestones

2025
29-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 29 days late
2023
29-08
Gazette deed Registered office
Registered office clause1 fact ▸
  • Registered office clause, “5081 Bovesse,Chaussée de Bruxelles 5, bien établi” (deed in French)
03-08
Gazette deed Incorporation
Appointments: BECK Marleen Louise Léon (director) and ALGOET Philippe Joël Eddy Ghislain (administrateur en cas de vacance de l'administrateur unique) · Power of attorney · Founder18 facts ▸
  • Other provision, “capacité des comparantes” (deed in French)
  • Other provision, “lien conjugal, épouse de” (deed in French)
  • Power of attorney, Thierry BERGER
  • Founder, BECK Marleen Louise Léon
  • Incorporation, 31-07-2023
  • Founding capital, €3,000
  • Other provision, “plan financier, comporte ensemble éléments prévue au CSA” (deed in French)
  • Other provision, “capacité” (deed in French)
  • Other provision, “frais de constitution”, 1500 (deed in French)
  • Capital
  • Other provision, “comparant représenté comme dit est, dispositions transitoires-prise d'effet” (deed in French)
  • Other provision, “notaire, information sur exercice de mandats” (deed in French)
  • +6 further facts in this act
Gazette deedNBB filing
2 of 2 deeds read

Register details

Identification
Legal formPrivate limited company
Founded01-08-2023
Financial year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56210Event catering
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if you send it electronically, you need their agreement on a secure channel. The invoice remains valid; it is the customer, not you, who risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 31 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, La Bruyère · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
857 m²
Building footprint
94 m²
Building volume
612 m³
Parcel 92022B0125/00H000, Wallonia · tallest building 7.5 m. Linked by address, not a title deed.
1 establishment unit
AGECKO
Chaussée de Bruxelles, Bovesse 5, 5081 La BruyèreLimited-service restaurants, excluding mobile food services
since 2023unit no. 2.350.737.392
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
92022B0125/00H000 Wallonia 857 m² 1 · 94 m² 7.5 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“L’exploitation de tous types d’établissements liés à l’HORECA et à l’alimentation de manière générale comme un restaurant,une…” (deed in French)
10 activities (deed in French)
  1. L’exploitation de tous types d’établissements liés à l’HORECA et à l’alimentation de manière générale comme un restaurant,une boulangerie,une boucherie,un magasin d’alimentation générale,une épicerie fine,une pizzéria,un snack,une cafétéria,un bar,un débit de boissons,un hôtel,une friterie.
  2. La vente d’aliments et de boissons au comptoir ou par téléphone,fax,internet.
  3. Les services personnels liés au bien-être.
  4. Les services d’escorte.
  5. La création de films,photos,contenu visuel ou artistique pour site internet
  6. La société a aussi pour objet la réalisation,pour son compte propre,de toutes opérations foncières et immobilières et notamment l'achat,la vente,l'échange,la construction,la reconstruction,la démolition,la transformation,l'exploitation,la location et la gérance de tous immeubles bâtis,meublés ou non;l'achat,la vente,l'échange,la mise en valeur,le lotissement,l'exploitation,la location et l'affermage de tous immeubles non bâtis.Elle peut donner à bail ses installations et exploitations ou les donner à gérer à des tiers,en tout ou en partie.
  7. Elle peut faire toutes opérations commerciales,industrielles et financières,immobilières et mobilières,se rapportant directement ou indirectement à son objet social ou susceptibles de favoriser son développement,à l'exception des opérations sur valeurs mobilières et immobilières réservées par la loi aux banques et aux sociétés de bourse.
  8. La société pourra exercer tous mandats relatifs à l'administration,à la gestion,à la direction,au contrôle et à la liquidation de toutes sociétés ou entreprises.
  9. La société peut,par voie d'apport en espèces ou en nature,de fusion,de souscription,de participation,d'intervention financière ou autrement,prendre des participations dans d'autres sociétés ou entreprises existantes ou à créer,que ce soit en Belgique ou à l'étranger,dont l'objet social serait semblable ou analogue au sien ou de nature à favoriser son objet social.
  10. Elle peut également consentir tous prêts ou garantir tous prêts consentis par des tiers

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
AGECKO
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région Wallonne, par simple décision organe d'administration sièges administratifs,d'exploitation,agences et succursales en Belgique ou à…” (deed in French)

deed of 03-08-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Administration-nomination, un ou plusieurs administrateurs, personnes physiques ou morales, actionnaires ou non” (deed in French)

deed of 03-08-2023

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Cession et transmission des actions, cessions entre vifs ou pour cause de mort quand plusieurs actionnaires” (deed in French)

deed of 03-08-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Friday of June at 18:00

deed of 03-08-2023

Oversight and winding up

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Actif et passif joint au rapport prévu par l'article 2:71. CSA, 21” (deed in French)

deed of 03-08-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Début des activités, jour où elle acquiert personnalité juridique par dépôt extrait constitutif au greffe du tribunal de l'entreprise…” (deed in French)
Other provision: “Appels de fonds, actions doivent être libérées à émission” (deed in French)
Other provision: “Registre des actions, actions inscrites dans un registre tenu conformément à l’article 5:25 CSA” (deed in French)
Other provision: “3 semaines, organe d'administration” (deed in French)
Other provision: “Présidence,délibérations,procès-verbaux, actionnaire présent détenant le plus d'actions” (deed in French)
Other provision: “Articles 5:142. à 5:144. CSA, affectation du bénéfice et acomptes sur dividendes” (deed in French)
Other provision: “Assemblée générale, articles 5:142 et 5:143 du Code des sociétés et des associations” (deed in French)
Liquidation distribution: “Réparti également entre toutes les actions, 22” (deed in French)
Other provision: “Siège de la société, 23” (deed in French)
Other provision: “Affaires de la société et exécution des statuts, litiges-compétence” (deed in French)
5 more provisions in the deed, see the deed of 03-08-2023

deed of 03-08-2023