Summary
AGEX is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1,500 and a net result of €26,888. Equity is shrinking by ~25.5% per year across the filed fiscal years. Its solvency ranks better than 10% of 2463 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 2463 sector peers (2025).
NBB · sector comparisonPosition among 2463 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
26 d late
2022
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 28 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% 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 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€1,500▼ 96.0%
2024 · €37,858
Net result
€26,888▲ 128%
2024 · €11,782
Total assets
€77,101▲ 54.0%
2024 · €50,058
Solvency
1.9%▼ 73.7pp
2024 · 75.6%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance 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
Line2022202320242025
Operating result€26,742-€15,270▼ 42.9%€19,135▲ 25.3%€38,363▲ 100%
Net result€19,633within the sector's middle half-€7,375within the sector's middle half▼ 62.4%€11,782within the sector's middle half▲ 59.8%€26,888within the sector's middle half▲ 128%
Equity€20,333below the sector's middle half-€26,908below the sector's middle half▲ 32.3%€37,858within the sector's middle half▲ 40.7%€1,500below the sector's middle half▼ 96.0%
Total assets€44,786below the sector's middle half-€48,210below the sector's middle half▲ 7.6%€50,058below the sector's middle half▲ 3.8%€77,101below the sector's middle half▲ 54.0%
Debt€24,453-€21,302▼ 12.9%€12,201▼ 42.7%€75,601▲ 520%
Working capital€19,508within the sector's middle half-€24,815within the sector's middle half▲ 27.2%€35,992within the sector's middle half▲ 45.0%-€872within the sector's middle half
Solvency45.4%within the sector's middle half-55.8%within the sector's middle half▲ 10.4pp75.6%within the sector's middle half▲ 19.8pp1.9%below the sector's middle half▼ 73.7pp
Current ratio1.80within the sector's middle half-2.16within the sector's middle half▲ 0.373.95within the sector's middle half▲ 1.790.99within the sector's middle half▼ 2.96
Return on assets (ROA)43.8%above the sector's middle half-15.3%within the sector's middle half▼ 28.5pp23.5%above the sector's middle half▲ 8.2pp34.9%above the sector's middle half▲ 11.3pp
above
within
below
the middle half (P25 to P75) of NACE 66, Activities auxiliary to financial services and insurance 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
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 100% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €77,101
Fixed assets
€2,372 ▲ 27.2%
Current assets
€74,729 ▲ 55.1%
Equity and liabilities €77,101
Equity
€1,500 ▼ 96.0%
Debt
€75,601 ▲ 520%
Debt's share of the balance-sheet total rises from 24.4% to 98.1%. Equity is lower and debt is higher.
Key figures and ratios
Debt ≤ 1 year
€75,601▲
2024 · €12,201
Income taxes
€10,178▲
2024 · €6,020
A ratio outside any meaningful range has been withheld (balance sheet total €77,101, equity €1,500).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €980 | €306 | €228 | €426 | ▲ 87.2% |
| Other operating charges640/8 | €454 | €1,010 | €1,192 | €1,476 | ▲ 23.8% |
| Gross operating margin9900 | €28,175 | €16,585 | €20,555 | €40,265 | ▲ 95.9% |
| Operating profit (loss)9901 | €26,742 | €15,270 | €19,135 | €38,363 | ▲ 100% |
| Financial income75/76B | €0 | €0 | - | €1 | - |
| Recurring financial income75 | €0 | €0 | - | €1 | - |
| Financial charges65/66B | €987 | €1,878 | €1,333 | €1,298 | ▼ 2.6% |
| Recurring financial charges65 | €987 | €1,878 | €1,333 | €1,298 | ▼ 2.6% |
| Profit (loss) for the period before taxes9903 | €25,755 | €13,391 | €17,803 | €37,066 | ▲ 108% |
| Income taxes67/77 | €6,122 | €6,016 | €6,020 | €10,178 | ▲ 69.1% |
| Profit (loss) for the period9904 | €19,633 | €7,375 | €11,782 | €26,888 | ▲ 128% |
| Profit (loss) for the period to be appropriated9905 | €19,633 | €7,375 | €11,782 | €26,888 | ▲ 128% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €44,786 | €48,210 | €50,058 | €77,101 | ▲ 54.0% |
| Formation expenses20 | €142 | - | - | - | - |
| Fixed assets21/28 | €683 | €2,093 | €1,865 | €2,372 | ▲ 27.2% |
| Tangible fixed assets22/27 | €683 | €2,093 | €1,865 | €2,372 | ▲ 27.2% |
| Plant, machinery and equipment23 | - | - | - | €734 | - |
| Other tangible fixed assets26 | €683 | €2,093 | €1,865 | €1,637 | ▼ 12.2% |
| Current assets29/58 | €43,961 | €46,117 | €48,193 | €74,729 | ▲ 55.1% |
| Amounts receivable within one year40/41 | €13,766 | €13,237 | €9,313 | €10,443 | ▲ 12.1% |
| Trade receivables40 | €13,766 | €13,237 | €8,924 | €10,443 | ▲ 17.0% |
| Other amounts receivable41 | - | - | €389 | - | - |
| Cash at bank and in hand54/58 | €25,206 | €28,970 | €36,047 | €62,525 | ▲ 73.5% |
| Deferred charges and accrued income490/1 | €4,989 | €3,910 | €2,833 | €1,761 | ▼ 37.8% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €44,786 | €48,210 | €50,058 | €77,101 | ▲ 54.0% |
| Equity10/15 | €20,333 | €26,908 | €37,858 | €1,500 | ▼ 96.0% |
| Contributions10/11 | €1,500 | €1,500 | €1,500 | €1,500 | = |
| Profit (loss) carried forward14 | €18,833 | €25,408 | €36,358 | - | - |
| Amounts payable17/49 | €24,453 | €21,302 | €12,201 | €75,601 | ▲ 520% |
| Amounts payable within one year42/48 | €24,453 | €21,302 | €12,201 | €75,601 | ▲ 520% |
| Trade debts44 | €456 | €1,128 | €2,377 | €967 | ▼ 59.3% |
| Suppliers440/4 | €456 | €1,128 | €2,377 | €967 | ▼ 59.3% |
| Taxes, remuneration and social security45 | €15,337 | €13,520 | €9,158 | €20,832 | ▲ 127% |
| Taxes450/3 | €15,337 | €13,520 | €9,158 | €20,832 | ▲ 127% |
| Other amounts payable47/48 | €8,661 | €6,653 | €666 | €53,802 | ▲ 7,973% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,633 | €7,375 | €11,782 | €26,888 | ▲ 128% |
| + Depreciation and write-downs630 | €980 | €306 | €228 | €426 | ▲ 87.2% |
| Operating cash flow (approximation) | €20,612 | €7,681 | €12,010 | €27,315 | ▲ 127% |
| Investment in fixed assets (approximation) | - | -€1,715 | €0 | -€933 | - |
| Change in cash | - | €3,764 | €7,077 | €26,478 | ▲ 274% |
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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Highest result since 2022net €26,888 ▲128%
Operating result €38,363, net result €26,888, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Weakest financial yearnet €7,375 ▼62.4%
Net result drops to €7,375, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Rixensart · 1 establishment unit since 2022
Ground area
1,832 m²
Building footprint
50 m²
Volume, LiDAR
430 m³
Parcel 25092B0533/00X000, Wallonia · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
AGEX
since 20222.328.033.157
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25092B0533/00X000 | Wallonia | 1,832 m² | 1 · 50 m² | 10.9 m · 3 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.
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Of 853 companies in sector 66210 we hold annual accounts for 511. 51 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
Founded17-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
66210Risk and damage evaluation
70200Business and other management consultancy
71209Other technical testing and analysis
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0782280452
Registered
23-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.