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AGESMA

Active
Public limited companyfounded 199828 yrs activeVenelle de la Futaie 16, 1301 Wavre, BelgiumKBO/BCE: BE 0463.746.508
Summary

AGESMA has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€63,885) and a net result of -€8,071. Equity is shrinking by ~42.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 20782 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.03 against 0.07 in 2023; short-term debt: 97.6% and cash: 0.1% of total assets), and equity is negative.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-135.7%
Return on assets
-17.1%
Age of the figures
21 mo
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
highest failure risk from 2 to 8 years 28 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€63,885
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 d early
2024
29 d late
2023
30 d late
2022
30 d late
2021
1 d late
2020
31 d late
2019
24 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 16 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% 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 29 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 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

History

AGESMA was incorporated on 20 July 1998.1 Total assets fell from EUR 75,162 in 2018 to EUR 47,072 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
-€63,885▼ 14.5%
2023 · -€55,814
Total assets
€47,072▼ 10.8%
2023 · €52,763
Net result
-€8,071▲ 43.0%
2023 · -€14,171
Working capital
-€44,573▼ 10.3%
2023 · -€40,414
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related 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
Line20202021202220232024
Operating result-€2,792▲ 69.6%-€11,481▼ 311%-€15,713▼ 36.9%-€13,992▲ 11.0%-€7,869▲ 43.8%
Net result-€3,015below the sector's middle half▲ 68.0%-€11,763below the sector's middle half▼ 290%-€15,894below the sector's middle half▼ 35.1%-€14,171below the sector's middle half▲ 10.8%-€8,071below the sector's middle half▲ 43.0%
Equity-€13,987below the sector's middle half▼ 27.5%-€25,749below the sector's middle half▼ 84.1%-€41,644below the sector's middle half▼ 61.7%-€55,814below the sector's middle half▼ 34.0%-€63,885below the sector's middle half▼ 14.5%
Total assets€70,721within the sector's middle half▼ 8.0%€62,416below the sector's middle half▼ 11.7%€55,384below the sector's middle half▼ 11.3%€52,763below the sector's middle half▼ 4.7%€47,072below the sector's middle half▼ 10.8%
Debt€84,707▼ 3.6%€88,166▲ 4.1%€97,027▲ 10.1%€108,577▲ 11.9%€110,957▲ 2.2%
Working capital-€17,514below the sector's middle half▲ 20.0%-€21,588below the sector's middle half▼ 23.3%-€31,831below the sector's middle half▼ 47.4%-€40,414below the sector's middle half▼ 27.0%-€44,573below the sector's middle half▼ 10.3%
Solvency-19.8%below the sector's middle half▼ 5.5pp-41.3%below the sector's middle half▼ 21.5pp-75.2%below the sector's middle half▼ 33.9pp-105.8%below the sector's middle half▼ 30.6pp-135.7%below the sector's middle half▼ 29.9pp
Current ratio0.11below the sector's middle half▲ 0.070.07below the sector's middle half▼ 0.040.01below the sector's middle half▼ 0.060.07below the sector's middle half▲ 0.070.03below the sector's middle half▼ 0.04
Return on assets (ROA)-4.3%below the sector's middle half▲ 8.0pp-18.8%below the sector's middle half▼ 14.6pp-28.7%below the sector's middle half▼ 9.9pp-26.9%below the sector's middle half▲ 1.8pp-17.1%below the sector's middle half▲ 9.7pp
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€15,000-€10,000-€5,000€0Operating result 2020: -€2,792-€2,792Net result 2020: -€3,015-€3,015Operating result 2021: -€11,481-€11,481Net result 2021: -€11,763-€11,763Operating result 2022: -€15,713-€15,713Net result 2022: -€15,894-€15,894Operating result 2023: -€13,992-€13,992Net result 2023: -€14,171-€14,171Operating result 2024: -€7,869-€7,869Net result 2024: -€8,071-€8,07120202021202220232024-€20,000-€15,000-€10,000-€5,000€0Operating result 2022: -€15,713-€15,700Net result 2022: -€15,894-€15,900Operating result 2023: -€13,992-€14,000Net result 2023: -€14,171-€14,200Operating result 2024: -€7,869-€7,870Net result 2024: -€8,071-€8,070202220232024
The operating result stays negative: a loss of €7,869 in 2024 against €13,992 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €47,072
Fixed assets €45,688 ▼ 7.9%
Current assets €1,383 ▼ 56.3%
Key figures and ratios
2024 value · change against 2023
EBITDA
-€2,347▲
2023 · -€8,403
Cash flow
-€2,549▲
2023 · -€8,583
Debt to equity
-1.74▲
2023 · -1.95
Interest coverage
-11.62▲
2023 · -46.91
Debt ≤ 1 year
€45,957▲
2023 · €43,577
Debt > 1 year
€65,000=
2023 · €65,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,622 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more
4.6% went bankrupt
10.0% stopped otherwise
84% still going

A further 1.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% 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 497,338 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% 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 6,622 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 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€52,763€47,072▼
Fixed assets21/28€49,599€45,688▼
Tangible fixed assets22/27€48,955€45,044▼
Land and buildings22€47,055€41,929▼
Plant, machinery and equipment23€1,900€3,115▲
Financial fixed assets28€645€645=
Current assets29/58€3,164€1,383▼
Cash at bank and in hand54/58€1,358€37▼
Deferred charges and accrued income490/1€1,806€1,346▼
Equity and liabilities
Total equity and liabilities10/49€52,763€47,072▼
Equity10/15-€55,814-€63,885▼
Contributions10/11€61,973€61,973=
Capital10€61,973€61,973=
Issued capital100€61,973€61,973=
Reserves13€6,197€6,197=
Non-distributable reserves130/1€6,197€6,197=
Legal reserve130€6,197€6,197=
Profit (loss) carried forward14-€123,985-€132,056▼
Amounts payable17/49€108,577€110,957▲
Amounts payable after more than one year17€65,000€65,000=
Financial debts170/4€65,000€65,000=
Amounts payable within one year42/48€43,577€45,957▲
Financial debts43-€218
Credit institutions430/8-€218
Trade debts44€2,740€2,469▼
Suppliers440/4€2,740€2,469▼
Other amounts payable47/48€40,838€43,269▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,588€5,522▼
Other operating charges640/8€526€1,807▲
Gross operating margin9900-€7,877-€540▲
Operating profit (loss)9901-€13,992-€7,869▲
Financial charges65/66B€179€202▲
Recurring financial charges65€179€202▲
Profit (loss) for the period before taxes9903-€14,171-€8,071▲
Profit (loss) for the period9904-€14,171-€8,071▲
Profit (loss) for the period to be appropriated9905-€14,171-€8,071▲
Appropriation of the result
Profit (loss) to be appropriated9906-€123,985-€132,056▼
Profit (loss) brought forward from the previous period14P-€109,814-€123,985▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,555€8,769€5,651€5,588€5,522▼ 1.2%
Other operating charges640/8-€917€1,751€526€1,807▲ 243%
Gross operating margin9900€6,304-€1,796-€8,310-€7,877-€540▲ 93.1%
Operating profit (loss)9901-€2,792-€11,481-€15,713-€13,992-€7,869▲ 43.8%
Financial charges65/66B-€282€182€179€202▲ 12.7%
Recurring financial charges65€223€282€182€179€202▲ 12.7%
Profit (loss) for the period before taxes9903-€3,015-€11,763-€15,894-€14,171-€8,071▲ 43.0%
Profit (loss) for the period9904-€3,015-€11,763-€15,894-€14,171-€8,071▲ 43.0%
Profit (loss) for the period to be appropriated9905-€3,015-€11,763-€15,894-€14,171-€8,071▲ 43.0%
Line20202021202220232024Change
Assets
Total assets20/58€70,721€62,416€55,384€52,763€47,072▼ 10.8%
Fixed assets21/28€68,527€60,839€55,188€49,599€45,688▼ 7.9%
Tangible fixed assets22/27€67,883€60,194€54,543€48,955€45,044▼ 8.0%
Land and buildings22-€57,308€52,181€47,055€41,929▼ 10.9%
Plant, machinery and equipment23-€2,886€2,362€1,900€3,115▲ 64.0%
Furniture and vehicles24-€1----
Financial fixed assets28€645€645€645€645€645=
Current assets29/58€2,193€1,578€196€3,164€1,383▼ 56.3%
Cash at bank and in hand54/58€25€314€196€1,358€37▼ 97.3%
Deferred charges and accrued income490/1-€1,264-€1,806€1,346▼ 25.4%
Equity and liabilities
Total equity and liabilities10/49€70,721€62,416€55,384€52,763€47,072▼ 10.8%
Equity10/15-€13,987-€25,749-€41,644-€55,814-€63,885▼ 14.5%
Contributions10/11€61,973€61,973€61,973€61,973€61,973=
Capital10-€61,973€61,973€61,973€61,973=
Issued capital100-€61,973€61,973€61,973€61,973=
Reserves13€6,197€6,197€6,197€6,197€6,197=
Non-distributable reserves130/1-€6,197€6,197€6,197€6,197=
Legal reserve130-€6,197€6,197€6,197€6,197=
Profit (loss) carried forward14-€82,157-€93,920-€109,814-€123,985-€132,056▼ 6.5%
Amounts payable17/49€84,707€88,166€97,027€108,577€110,957▲ 2.2%
Amounts payable after more than one year17€65,000€65,000€65,000€65,000€65,000=
Financial debts170/4-€65,000€65,000€65,000€65,000=
Amounts payable within one year42/48€19,707€23,166€32,027€43,577€45,957▲ 5.5%
Financial debts43----€218-
Credit institutions430/8----€218-
Trade debts44€4,391€2,031€2,176€2,740€2,469▼ 9.9%
Suppliers440/4-€2,031€2,176€2,740€2,469▼ 9.9%
Other amounts payable47/48-€21,135€29,851€40,838€43,269▲ 6.0%
Line20202021202220232024Change
Profit (loss) for the period9904-€3,015-€11,763-€15,894-€14,171-€8,071▲ 43.0%
+ Depreciation and write-downs630€8,555€8,769€5,651€5,588€5,522▼ 1.2%
Operating cash flow (approximation)€5,541-€2,994-€10,243-€8,583-€2,549▲ 70.3%
Investment in fixed assets (approximation)--€1,080€0€0-€1,611-
Change in cash-€288-€117€1,162-€1,321▼ 214%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
30-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial Weakest financial yearnet -€15,894
Net result drops to -€15,894, the lowest in the series; recovery starts the following year.
01-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
24-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
22-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
28-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
28-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 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, Wavre · 1 establishment unit since 1998
seat establishment The establishment unit on the map
Ground area
420 m²
Building footprint
104 m²
Volume, LiDAR
653 m³
Parcel 25112L0378/00_000, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Venelle de la Futaie 16, 1301 Wavre
Manufacture of basic metals
since 19982.087.827.109
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25112L0378/00_000 Wallonia 420 m² 1 · 104 m² 7.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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 and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 30,009 companies in sector 62200 we hold annual accounts for 18,399. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded20-07-1998
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
95100Repair and maintenance of computers and communication equipment
E-invoicing
Not found in the Peppol register

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Register as of 29 September 2026 · Peppol Directory

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