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AGECO

Active
Private limited companyfounded 199531 yrs activeStokerijstraat 28, 8520 Kuurne, BelgiumKBO/BCE: BE 0454.458.856

AGECO has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.60M and a net result of €28k. Equity is shrinking by ~16.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 31527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
91 / 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability9▲+4
Solvency100=
Growth32=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150k at 30 days acceptable
Liquidity ample (current ratio 75.77), and 1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 31 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
99%
Return on assets
1.8%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 20-10-2025, 11 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
11 d early
2024
3 d early
2023
19 d early
2022
3 d early
2021
6 d early
2020
1 d early
2019
on the day
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close15-09-2026 today31-10-2026 deadline
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

Financials · fiscal year 2025, micro schema

Equity
€1.60M▼ 12.2%
2024 · €1.83M
2019: €4.51M 2020: €4.96M 2021: €4.97M 2022: €2.04M 2023: €2.01M 2024: €1.83M
2019 → 2025
Total assets
€1.62M▼ 12.0%
2024 · €1.84M
2019: €4.71M 2020: €5.01M 2021: €5.07M 2022: €2.08M 2023: €2.06M 2024: €1.84M
2019 → 2025
Net result
€28k▲ 43.7%
2024 · €20k
2019: €252k 2020: €454k 2021: €5k 2022: €400k 2023: €523 2024: €20k
2019 → 2025
Working capital
€1.10M▼ 14.1%
2024 · €1.28M
2019: €-156k 2020: €1.70M 2021: €1.46M 2022: €1.36M 2023: €1.39M 2024: €1.28M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€4.97M-€2.04M▼ 58.9%€2.01M▼ 1.6%€1.83M▼ 9.1%€1.60M▼ 12.2%
Operating result€-21k-€-6k▲ 73.4%€-32k▼ 469%€-20k▲ 37.7%€155
Net result€5k-€400k▲ 8,361%€523▼ 99.9%€20k▲ 3,689%€28k▲ 43.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-200k€0€200k€400kOperating result 2021: €-21k€-21kNet result 2021: €5k€5kOperating result 2022: €-6k€-6kNet result 2022: €400k€400kOperating result 2023: €-32k€-32kNet result 2023: €523€523Operating result 2024: €-20k€-20kNet result 2024: €20k€20kOperating result 2025: €155€155Net result 2025: €28k€28k20212022202320242025
The operating result returns to profit in 2025: €155 after a loss of €20k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.62M
Fixed assets €504k▼ 7.9%
Current assets €1.11M▼ 13.7%
Equity and liabilities €1.62M
Equity €1.60M▼ 12.2%
Debt €16k▲ 27.7%
The debt ratio rises from 0.7% to 1.0%: debt grows while equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€43k
2024 · €48k
Cash flow
€72k
2024 · €88k
Solvency
99.0%
2024 · 99.3%
Current ratio
75.77
Quick ratio
75.77
Debt / equity
0.01
2024 · 0.01
ROE
1.8%
2024 · 1.1%
ROA
1.8%
2024 · 1.1%
Interest coverage
78.19
2024 · 480.52
Debt
€16k
2024 · €12k
Debt ≤ 1 year
€15k
2024 · €12k
Income taxes
€21k
2024 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€1.84M€1.62M
Fixed assets21/28€547k€504k
Tangible fixed assets22/27€547k€504k
Land and buildings22€518k€494k
Plant, machinery and equipment23€2k€821
Furniture and vehicles24€26k€9k
Current assets29/58€1.29M€1.11M
Amounts receivable within one year40/41€725k€392k
Trade receivables40€421€12k
Other amounts receivable41€725k€380k
Current investments50/53€400k€635k
Cash at bank and in hand54/58€162k€83k
Deferred charges and accrued income490/1€3k€5k
Equity and liabilities
Total equity and liabilities10/49€1.84M€1.62M
Equity10/15€1.83M€1.60M
Contributions10/11€688k€688k=
Reserves13€1.14M€915k
Distributable reserves133€1.14M€915k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€12k€16k
Amounts payable within one year42/48€12k€15k
Trade debts44€1k€5k
Suppliers440/4€1k€5k
Taxes, remuneration and social security45€10k€10k
Taxes450/3€10k€10k
Accrued charges and deferred income492/3€357€803
Income statement Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€68k€43k
Other operating charges640/8€6k€7k
Gross operating margin9900€55k€50k
Operating profit (loss)9901€-20k€155
Financial income75/76B€57k€50k
Recurring financial income75€57k€50k
Financial charges65/66B€100€553
Recurring financial charges65€100€553
Profit (loss) for the period before taxes9903€37k€50k
Income taxes67/77€17k€21k
Profit (loss) for the period9904€20k€28k
Profit (loss) for the period to be appropriated9905€20k€28k
Appropriation of the result
Profit (loss) to be appropriated9906€20k€28k
Transfer from equity791/2€203k€252k
Transfer to equity691/2€20k€28k
To other reserves6921€20k€28k
Profit to be distributed694/7€203k€252k
Return on contributions (dividend)694€203k€252k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
20-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
28-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial Liquidity quadruplescurrent ratio 109.50
Current ratio from 28.99 to 109.50; short-term debt falls from €50k to €12k.
2023
12-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial Weakest financial yearnet €523 ▼99.9%
Net result drops to €523, the lowest in the series; recovery starts the following year.
2022
28-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial Liquidity doublescurrent ratio 32.46
Current ratio from 15.65 to 32.46; short-term debt falls from €100k to €43k.
2021
25-10
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
30-10
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial Highest result since 2019net €454k ▲80.2%
Net result €454k, the highest in the series.
31-03
Financial Liquidity times 161current ratio 35.07
Current ratio from 0.22 to 35.07; short-term debt falls from €199k to €50k.
2019
31-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
30-10
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
26-10
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
19-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 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, Kuurne · 1 establishment unit since 1995
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Stokerijstraat 288520 Kuurne
Ground area
1,371 m²
Building footprint
324 m²
Volume, LiDAR
1,999 m³
Parcel 34023A0285/00T000, Flanders · tallest building 12.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Stokerijstraat 28, 8520 Kuurne
Insurance, reinsurance and pension funding, except compulsory social security
since 19952.070.465.295
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34023A0285/00T000 Flanders 1,371 m² 1 · 324 m² 12.4 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,215 companies in sector 70200 we hold annual accounts for 52,392. 22,593 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded03-02-1995
Fiscal year end31-03
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.