AGF PROJECTS
The computed 12-month bankruptcy probability of AGF PROJECTS is 5.8% (elevated). The 2023 annual accounts show equity of €728 and a net result of €-410. Equity is shrinking by ~5% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €728 |
| Net result | €-410 |
| Active | 5 yrs |
| Board | 1 |
Mixed profile: strong on solvency, weaker on profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Show 8 other metrics
| Fiscal year | 2023 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | - |
| Net profit | €-410 |
| Cash flow | - |
| Staff costs | - |
| Income taxes | €-7 |
| Dividends | - |
| Total assets | €728 |
| Equity | €728 |
| Debt | - |
| of which ≤ 1y | - |
| of which > 1y | - |
| Working capital | - |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | - |
| Quick ratio | - |
| Working capital ratio | - |
| Solvency | 100.0% |
| Debt / equity | - |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -56.4% |
| ROE | -56.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (14 line items)
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €728 |
| Current assets | 29/58 | €728 |
| Amounts receivable within one year | 40/41 | €675 |
| Cash & bank | 54/58 | €53 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €728 |
| Equity | 10/15 | €728 |
| Contributions / capital | 10/11 | €1k |
| Accumulated profits (losses) | 14 | €-272 |
| Income statement | ||
| Operating result | 9901 | €-462 |
| Financial income | 75 | €45 |
| Result before taxes | 9903 | €-417 |
| Income taxes | 67/77 | €-7 |
| Net result for the period | 9904 | €-410 |
| Result to be appropriated | 9905 | €-410 |
-
Yusuf GyulhanDirectorState Gazette act 24167966 (27-11-2024)Current27-11-2024 → present
Former directors (1)
-
Yusein AlpayDirectorState Gazette act 24167966 (27-11-2024)Former- → 28-11-2023
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 18-05-2021 |
| Status | Active |
| Postal code | 3550 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71025A0073/00C118 | Flanders | 727 m² | 1 · 162 m² | 9.1 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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.
27-11-2024 1 director appointed, 1 resigning
- Yusuf Gyulhan, Bestuurder
- Yusein Alpay, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Yusein Alpay",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2023-11-28",
"evidence_quote": "dhr. Yusein Alpay te ontslaan als bestuurder. Er wordt hem volledige d\u00E9charge verleend.",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": "941028 617 05",
"name": "Yusuf Gyulhan",
"address": "Beringersteenweg 52 bus 1 - 3550 Heusden-Zolder",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": false,
"effective_date": null,
"evidence_quote": "dhr. Yusuf Gyulhan (N.N. 941028 617 05) wonende te Beringersteenweg 52 bus 1 - 3550 Heusden-Zolder aan te stellen als bestuurder. Zijn mandaat is onbezoldigd.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": null,
"filing_date": "2024-11-18",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
"date": "2023-11-28",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0768.507.442",
"name_full": "AGF PROJECTS",
"legal_form": "BESLOTEN VENNOOTSCHAP"
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}07-09-2023 Registered office moved to Heusden-Zolder
- Hoensbroeckstraat 32, 3550 Heusden-Zolder
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": null,
"city": "Heusden-Zolder",
"region": "vlaams_gewest",
"street": "Hoensbroeckstraat",
"country": "BE",
"postcode": "3550",
"box_number": null,
"street_number": "32",
"locality_suffix": null
},
"old_address": null,
"effective_date": "2022-12-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "inferred",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Antwerpen",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2023-09-07",
"filing_date": "2023-08-01",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2022-12-01",
"unanimous": null
},
"subject_company": {
"kbo": "0768.507.442",
"name_full": "AGF PROJECTS",
"legal_form": "BESLOTEN VENNOOTSCHA\u0420",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Yusein Alpay",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": []
}| Legal nameNL | AGF PROJECTS |