AGEV
ActiveSummary
AGEV has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €209,262 and a net result of -€14,252. Equity is shrinking by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 82% of 11425 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability12▼-1
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 1.53 against 1.52 in 2024; short-term debt: 18.7% and cash: 2.5% of total assets), and 18.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€14,252
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
8 d early
2023
11 d early
2022
5 d early
2021
11 d early
2020
9 d early
2019
10 d early
← 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 8 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€209,262▼ 6.4%
2024 · €223,514
Total assets
€257,326▼ 7.5%
2024 · €278,303
Net result
-€14,252▼ 8.6%
2024 · -€13,120
Working capital
€25,406▼ 10.5%
2024 · €28,382
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€7,238▲ 111%-€3,584-€13,082▼ 265%-€15,022▼ 14.8%-€15,388▼ 2.4%
Net result€2,799-€3,677-€13,426▼ 265%-€13,120▲ 2.3%-€14,252▼ 8.6%
Equity€253,737▲ 1.1%€250,060▼ 1.4%€236,634▼ 5.4%€223,514▼ 5.5%€209,262▼ 6.4%
Total assets€357,117▼ 1.4%€335,731▼ 6.0%€310,937▼ 7.4%€278,303▼ 10.5%€257,326▼ 7.5%
Debt€103,380▼ 7.1%€85,671▼ 17.1%€74,304▼ 13.3%€54,789▼ 26.3%€48,064▼ 12.3%
Working capital€24,694▲ 160%€36,915▲ 49.5%€29,972▼ 18.8%€28,382▼ 5.3%€25,406▼ 10.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €15,388 in 2025 against €15,022 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €257,326
Fixed assets
€183,856 ▼ 5.8%
Current assets
€73,470 ▼ 11.7%
Equity and liabilities €257,326
Equity
€209,262 ▼ 6.4%
Debt
€48,064 ▼ 12.3%
Debt's share of the balance-sheet total falls from 19.7% to 18.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€4,131▼
2024 · -€3,517
Cash flow
-€2,994▼
2024 · -€1,614
Current ratio
1.53▲
2024 · 1.52
Quick ratio
1.40▼
2024 · 1.41
Debt to equity
0.23▼
2024 · 0.25
ROE
-6.8%▼
2024 · -5.9%
ROA
-5.5%▼
2024 · -4.7%
Interest coverage
-25.79▲
2024 · -38.96
Debt ≤ 1 year
€48,064▼
2024 · €54,789
Income taxes
€247▲
2024 · €205
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,397 | €19,926 | €11,903 | €11,506 | €11,257 | ▼ 2.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | -€331 | - | - | - |
| Other operating charges640/8 | €3,152 | €4,413 | €3,413 | €3,105 | €3,501 | ▲ 12.8% |
| Non-recurring operating charges66A | - | - | - | - | €18 | - |
| Gross operating margin9900 | €29,787 | €20,755 | €1,902 | -€412 | -€612 | ▼ 48.5% |
| Operating profit (loss)9901 | €7,238 | -€3,584 | -€13,082 | -€15,022 | -€15,388 | ▼ 2.4% |
| Financial income75/76B | €15 | €10 | - | €2,198 | €1,543 | ▼ 29.8% |
| Recurring financial income75 | €15 | €10 | - | €2,198 | €1,543 | ▼ 29.8% |
| Financial charges65/66B | €3,858 | €128 | €75 | €90 | €160 | ▲ 77.5% |
| Recurring financial charges65 | €3,858 | €128 | €75 | €90 | €160 | ▲ 77.5% |
| Profit (loss) for the period before taxes9903 | €3,395 | -€3,703 | -€13,157 | -€12,915 | -€14,005 | ▼ 8.4% |
| Income taxes67/77 | €596 | -€26 | €270 | €205 | €247 | ▲ 20.1% |
| Profit (loss) for the period9904 | €2,799 | -€3,677 | -€13,426 | -€13,120 | -€14,252 | ▼ 8.6% |
| Profit (loss) for the period to be appropriated9905 | €2,799 | -€3,677 | -€13,426 | -€13,120 | -€14,252 | ▼ 8.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €357,117 | €335,731 | €310,937 | €278,303 | €257,326 | ▼ 7.5% |
| Fixed assets21/28 | €229,053 | €213,555 | €206,662 | €195,132 | €183,856 | ▼ 5.8% |
| Tangible fixed assets22/27 | €229,029 | €213,531 | €206,637 | €195,132 | €183,856 | ▼ 5.8% |
| Land and buildings22 | €218,350 | €210,365 | €204,625 | €193,788 | €182,951 | ▼ 5.6% |
| Plant, machinery and equipment23 | €1,819 | €1,261 | €703 | €630 | €557 | ▼ 11.6% |
| Furniture and vehicles24 | €1,641 | €515 | €267 | €18 | - | - |
| Leasing and similar rights25 | €7,219 | €1,390 | €1,042 | €695 | €347 | ▼ 50.0% |
| Financial fixed assets28 | €25 | €25 | €25 | - | - | - |
| Current assets29/58 | €128,064 | €122,176 | €104,275 | €83,172 | €73,470 | ▼ 11.7% |
| Stocks and contracts in progress3 | €2,000 | €3,500 | €4,500 | €6,000 | €6,000 | = |
| Stocks30/36 | €2,000 | €3,500 | €4,500 | €6,000 | €6,000 | = |
| Amounts receivable within one year40/41 | €7,883 | €3,117 | €6,281 | €6,891 | €7,531 | ▲ 9.3% |
| Trade receivables40 | €7,883 | €3,117 | €5,403 | €6,591 | €6,991 | ▲ 6.1% |
| Other amounts receivable41 | - | - | €878 | €300 | €541 | ▲ 80.2% |
| Current investments50/53 | - | - | €60,000 | €60,000 | €50,000 | ▼ 16.7% |
| Cash at bank and in hand54/58 | €114,664 | €112,775 | €30,753 | €6,915 | €6,552 | ▼ 5.2% |
| Deferred charges and accrued income490/1 | €3,517 | €2,783 | €2,741 | €3,366 | €3,386 | ▲ 0.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €357,117 | €335,731 | €310,937 | €278,303 | €257,326 | ▼ 7.5% |
| Equity10/15 | €253,737 | €250,060 | €236,634 | €223,514 | €209,262 | ▼ 6.4% |
| Contributions10/11 | €115,000 | €115,000 | €115,000 | €115,000 | €115,000 | = |
| Reserves13 | €26,500 | €26,500 | €26,500 | €26,500 | €26,500 | = |
| Non-distributable reserves130/1 | €11,500 | €11,500 | - | - | - | - |
| Reserves not available under the articles1311 | €11,500 | €11,500 | - | - | - | - |
| Distributable reserves133 | €15,000 | €15,000 | €26,500 | €26,500 | €26,500 | = |
| Profit (loss) carried forward14 | €112,237 | €108,560 | €95,134 | €82,014 | €67,762 | ▼ 17.4% |
| Amounts payable17/49 | €103,380 | €85,671 | €74,304 | €54,789 | €48,064 | ▼ 12.3% |
| Amounts payable within one year42/48 | €103,370 | €85,260 | €74,304 | €54,789 | €48,064 | ▼ 12.3% |
| Current portion of amounts payable after more than one year42 | €2,127 | - | - | - | - | - |
| Trade debts44 | €3,526 | €1,435 | €6,135 | €2,459 | €4,084 | ▲ 66.1% |
| Suppliers440/4 | €3,526 | €1,435 | €6,135 | €2,459 | €4,084 | ▲ 66.1% |
| Taxes, remuneration and social security45 | €1,882 | €1,762 | €1,645 | €460 | €431 | ▼ 6.5% |
| Taxes450/3 | €1,882 | €1,762 | €1,645 | €460 | €431 | ▼ 6.5% |
| Other amounts payable47/48 | €95,835 | €82,063 | €66,523 | €51,870 | €43,549 | ▼ 16.0% |
| Accrued charges and deferred income492/3 | €10 | €411 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,799 | -€3,677 | -€13,426 | -€13,120 | -€14,252 | ▼ 8.6% |
| + Depreciation and write-downs630 | €19,397 | €19,926 | €11,903 | €11,506 | €11,257 | ▼ 2.2% |
| Operating cash flow (approximation) | €22,196 | €16,249 | -€1,524 | -€1,614 | -€2,994 | ▼ 85.5% |
| Investment in fixed assets (approximation) | - | -€4,428 | -€5,009 | €25 | €18 | ▼ 26.1% |
| Change in cash | - | -€1,889 | -€82,022 | -€23,838 | -€363 | ▲ 98.5% |
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
21-09
State Gazette act
Appointment: Marleen Loontjens (director)Power of attorney4 facts ▸
State Gazette act
Appointment: Marleen Loontjens (director)
Power of attorney4 facts ▸
- General meeting, 16-09-2026
- Director appointment, Marleen Loontjens (director)
- Power of attorney, Frank Dick
- Power of attorney, Kantoor Pieters-Dick & C° BV
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €2,799
Net result €2,799 after 3 loss-making years.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
21-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet -€15,290
Net result drops to -€15,290, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
Marleen Loontjens
CurrentDirector · since 16-09-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
5 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Kruisem · 1 establishment unit since 1994
Ground area
3,276 m²
Building footprint
225 m²
Volume, LiDAR
1,346 m³
Parcel 45017B1486/00B000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Neerhofstraat 1, 9770 Kruisem
since 19942.066.069.514
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45017B1486/00B000 | Flanders | 3,276 m² | 1 · 224 m² | 9.2 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.
Mandate history
1 person since 2026, 1 in office
- Board
| Name | Functions and periods |
|---|---|
| Marleen Loontjens |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Of 6,149 companies in sector 46190 we hold annual accounts for 2,571. 1,852 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
Founded30-12-1993
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.