AGEMUS
ActiveSummary
AGEMUS has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.0m and a net result of €43,098. Equity is growing by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 45% of 8765 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability59▼-34
Solvency72▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75,000 at 30 days acceptable
Liquidity short (current ratio 0.48 against 2.55 in 2024; short-term debt: 9.9% and cash: 3.6% of total assets), and 52.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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 2025Solvency, return and age of the figures
Solvency
47.2%
Return on assets
1.9%
Age of the figures
9 mo
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
19 d early
2023
4 d early
2022
2 d early
2021
19 d late
2020
7 d late
2019
21 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 2 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 28 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€1.0m▲ 4.2%
2024 · €1.0m
Total assets
€2.2m▼ 4.6%
2024 · €2.3m
Net result
€43,098▼ 90.3%
2024 · €445,055
Working capital
-€115,324
2024 · €394,020
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€63,857▲ 123%€97,705▲ 53.0%€75,875▼ 22.3%€603,375▲ 695%€89,447▼ 85.2%
Net result€44,495within the sector's middle half▲ 146%€68,782within the sector's middle half▲ 54.6%€54,990within the sector's middle half▼ 20.1%€445,055above the sector's middle half▲ 709%€43,098within the sector's middle half▼ 90.3%
Equity€440,211within the sector's middle half▲ 10.8%€507,393within the sector's middle half▲ 15.3%€560,783within the sector's middle half▲ 10.5%€1.0mwithin the sector's middle half▲ 79.1%€1.0mwithin the sector's middle half▲ 4.2%
Total assets€619,584within the sector's middle half▲ 7.2%€684,433within the sector's middle half▲ 10.5%€854,662within the sector's middle half▲ 24.9%€2.3mwithin the sector's middle half▲ 172%€2.2mwithin the sector's middle half▼ 4.6%
Debt€179,373▼ 0.6%€177,040▼ 1.3%€293,879▲ 66.0%€1.2m▲ 308%€1.1m▼ 12.3%
Working capital€280,388within the sector's middle half▲ 67.5%€353,244within the sector's middle half▲ 26.0%-€130,168below the sector's middle half€394,020within the sector's middle half-€115,324below the sector's middle half
Solvency71.0%within the sector's middle half▲ 2.3pp74.1%within the sector's middle half▲ 3.1pp65.6%within the sector's middle half▼ 8.5pp43.2%within the sector's middle half▼ 22.5pp47.2%within the sector's middle half▲ 4.0pp
Current ratio4.11above the sector's middle half▲ 1.824.11above the sector's middle half▼ 0.010.45below the sector's middle half▼ 3.662.55within the sector's middle half▲ 2.100.48below the sector's middle half▼ 2.07
Return on assets (ROA)7.2%within the sector's middle half▲ 4.0pp10.0%within the sector's middle half▲ 2.9pp6.4%within the sector's middle half▼ 3.6pp19.1%above the sector's middle half▲ 12.7pp1.9%within the sector's middle half▼ 17.2pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 85% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.2m
Fixed assets
€2.1m ▲ 26.0%
Current assets
€104,955 ▼ 83.8%
Equity and liabilities €2.2m
Equity
€1.0m ▲ 4.2%
Provisions
€120,405 ▼ 2.0%
Debt
€1.1m ▼ 12.3%
Debt's share of the balance-sheet total falls from 51.6% to 47.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€159,544▼
2024 · €623,151
Cash flow
€113,195▼
2024 · €464,832
Debt to equity
1.01▼
2024 · 1.19
ROE
4.1%▼
2024 · 44.3%
Interest coverage
4.54▼
2024 · 21.96
Debt ≤ 1 year
€220,279▼
2024 · €254,373
Debt > 1 year
€796,409▼
2024 · €839,951
Income taxes
€15,259▲
2024 · €7,475
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% | 1.9% |
| 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% 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 14,732 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €4,900 | - | €523,145 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €39,560 | €33,281 | €26,199 | €19,777 | €70,096 | ▲ 254% |
| Other operating charges640/8 | €4,113 | €4,688 | €3,239 | €4,505 | €1,993 | ▼ 55.8% |
| Gross operating margin9900 | €107,530 | €135,674 | €105,313 | €627,656 | €161,536 | ▼ 74.3% |
| Operating profit (loss)9901 | €63,857 | €97,705 | €75,875 | €603,375 | €89,447 | ▼ 85.2% |
| Financial income75/76B | €172 | €179 | €1,680 | €406 | €1,578 | ▲ 288% |
| Recurring financial income75 | €172 | €179 | €1,680 | €406 | €1,578 | ▲ 288% |
| Financial charges65/66B | €296 | €1,278 | €12,833 | €28,371 | €35,143 | ▲ 23.9% |
| Recurring financial charges65 | €296 | €1,278 | €12,833 | €28,371 | €35,143 | ▲ 23.9% |
| Profit (loss) for the period before taxes9903 | €63,733 | €96,606 | €64,722 | €575,410 | €55,883 | ▼ 90.3% |
| Transfer from deferred taxes780 | - | - | - | - | €2,474 | - |
| Transfer to deferred taxes680 | - | - | - | €122,880 | - | - |
| Income taxes67/77 | €19,238 | €27,824 | €9,732 | €7,475 | €15,259 | ▲ 104% |
| Profit (loss) for the period9904 | €44,495 | €68,782 | €54,990 | €445,055 | €43,098 | ▼ 90.3% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €7,423 | - |
| Transfer to tax-exempt reserves689 | - | - | - | €368,639 | - | - |
| Profit (loss) for the period to be appropriated9905 | €44,495 | €68,782 | €54,990 | €76,416 | €50,522 | ▼ 33.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €619,584 | €684,433 | €854,662 | €2.3m | €2.2m | ▼ 4.6% |
| Fixed assets21/28 | €249,112 | €217,482 | €749,896 | €1.7m | €2.1m | ▲ 26.0% |
| Tangible fixed assets22/27 | €249,112 | €217,482 | €749,896 | €1.7m | €2.1m | ▲ 26.0% |
| Land and buildings22 | €215,184 | €198,375 | €181,565 | €53,368 | €2.0m | ▲ 3,592% |
| Plant, machinery and equipment23 | €5,844 | €198 | - | - | - | - |
| Furniture and vehicles24 | €11,345 | €7,442 | €4,437 | €2,410 | €1,686 | ▼ 30.0% |
| Other tangible fixed assets26 | €16,739 | €11,468 | €7,447 | €5,811 | €142,089 | ▲ 2,345% |
| Assets under construction and advance payments27 | - | - | €556,447 | €1.6m | - | - |
| Current assets29/58 | €370,471 | €466,951 | €104,766 | €648,393 | €104,955 | ▼ 83.8% |
| Amounts receivable within one year40/41 | €34,138 | €18,846 | €37,570 | €353,214 | €24,447 | ▼ 93.1% |
| Trade receivables40 | €34,127 | €18,784 | €19,004 | €345,571 | €24,447 | ▼ 92.9% |
| Other amounts receivable41 | €11 | €62 | €18,566 | €7,642 | - | - |
| Cash at bank and in hand54/58 | €334,111 | €446,517 | €63,367 | €293,206 | €79,865 | ▼ 72.8% |
| Deferred charges and accrued income490/1 | €2,222 | €1,588 | €3,829 | €1,974 | €643 | ▼ 67.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €619,584 | €684,433 | €854,662 | €2.3m | €2.2m | ▼ 4.6% |
| Equity10/15 | €440,211 | €507,393 | €560,783 | €1.0m | €1.0m | ▲ 4.2% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €427,811 | €494,993 | €548,383 | €991,772 | €1.0m | ▲ 4.3% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €368,639 | €361,216 | ▼ 2.0% |
| Distributable reserves133 | €425,951 | €493,133 | €548,383 | €623,133 | €672,822 | ▲ 8.0% |
| Provisions and deferred taxes16 | - | - | - | €122,880 | €120,405 | ▼ 2.0% |
| Deferred taxes168 | - | - | - | €122,880 | €120,405 | ▼ 2.0% |
| Amounts payable17/49 | €179,373 | €177,040 | €293,879 | €1.2m | €1.1m | ▼ 12.3% |
| Amounts payable after more than one year17 | - | - | - | €839,951 | €796,409 | ▼ 5.2% |
| Financial debts170/4 | - | - | - | €839,951 | €796,409 | ▼ 5.2% |
| Amounts payable within one year42/48 | €90,084 | €113,707 | €234,934 | €254,373 | €220,279 | ▼ 13.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €26,182 | €44,528 | ▲ 70.1% |
| Trade debts44 | €3,404 | €3,570 | €98,070 | €55,161 | €8,131 | ▼ 85.3% |
| Suppliers440/4 | €3,404 | €3,570 | €98,070 | €55,161 | €8,131 | ▼ 85.3% |
| Advances received on contracts in progress46 | €1,261 | €14,658 | €14,015 | €45,419 | €20,960 | ▼ 53.9% |
| Taxes, remuneration and social security45 | €27,393 | €33,387 | €49,729 | €20,161 | €9,594 | ▼ 52.4% |
| Taxes450/3 | €27,393 | €33,387 | €49,729 | €20,161 | €9,594 | ▼ 52.4% |
| Other amounts payable47/48 | €58,026 | €62,092 | €73,120 | €107,451 | €137,066 | ▲ 27.6% |
| Accrued charges and deferred income492/3 | €89,289 | €63,333 | €58,945 | €105,388 | €35,421 | ▼ 66.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €44,495 | €68,782 | €54,990 | €445,055 | €43,098 | ▼ 90.3% |
| + Depreciation and write-downs630 | €39,560 | €33,281 | €26,199 | €19,777 | €70,096 | ▲ 254% |
| Operating cash flow (approximation) | €84,055 | €102,063 | €81,189 | €464,832 | €113,195 | ▼ 75.6% |
| Investment in fixed assets (approximation) | - | -€1,650 | -€558,613 | -€948,251 | -€505,722 | ▲ 46.7% |
| Change in cash | - | €112,406 | -€383,150 | €229,839 | -€213,341 | ▼ 193% |
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 2026, expected by
2026
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
12-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €445,055 ▲709%
Operating result €603,375, net result €445,055, both a record.
31-12
Financial
Liquidity times 6current ratio 2.55
Current ratio from 0.45 to 2.55.
31-12
Financial
Equity above €1mEq €1.0m ▲79.1%
7 profitable years in a row build equity to €1.0m.
27-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €500,000Eq €507,393 ▲15.3%
5 profitable years in a row build equity to €507,393.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 19 days late
2021
07-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 7 days late
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 21 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
27-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 27 days late
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Leuven · 1 establishment unit since 2002
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.
Lodewijk Eng. van Arenbergplein 43001 Leuven1 establishment unit
Lodewijk Eng. van Arenbergplein 4, 3001 Leuven
since 20022.095.751.910
Structure & network
Owners and holdings
1 ownerOwners 1
- Wim Grobbennatural personSourceown accounts 2025100%
Holdings 0
The accounts to 31-12-2025 list no holdings, and no other source names one.
According to the 2025 annual accounts of AGEMUS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
CLEAR MANAGEMENT CONSULTANTS
BE 0886.599.004
Brussel · Eq €1,046,449
VYBE
BE 0672.887.416
Mechelen · Eq €1,046,459
MARK VAN LOON MILIEUADVIES
BE 0871.496.795
Essen · Eq €1,046,364
ALJEBE
BE 0899.669.060
Beloeil · Eq €1,046,659
LOWFIELD
BE 0474.270.612
Gent · Eq €1,046,112
Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 27,377 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
Founded10-01-2002
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
Contact
E-mail
wim.grobben@telenet.beLeuven
Phone
016/20.06.88Leuven
Fax
016/20.06.88Leuven
E-invoicing
Reachable via Peppol
Peppol ID
0208:0476394318
Also
9925:BE0476394318
Registered
02-01-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.