AGIB
InactiveInactive; last annual accounts for fiscal year 2008.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2008. Since then, 17 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2009 close31-07-2010 deadline25-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2008 was due by 31-07-2009 and was filed on 31-08-2009, 31 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2008, full schema
Turnover
€942k▲ 40.8%
2007 · €669k
2006: €695k
2007: €669k▼ -3.7% vs 2006lowest in 3 years
2008: €942k▲ +40.8% vs 2007highest in 3 years
2006 → 2008
EBIT margin
-0.5%▲ 3.7pp
2007 · -4.2%
2006: 7.7%highest in 3 years
2007: -4.2%▼ -155% vs 2006lowest in 3 years
2008: -0.5%▲ +88.5% vs 2007
2006 → 2008
Net result
€89k
2007 · €-30k
2006: €33k
2007: €-30k▼ -189% vs 2006lowest in 3 years
2008: €89k▲ +401% vs 2007highest in 3 years
2006 → 2008
Working capital
€77k▲ 80.7%
2007 · €43k
2006: €89khighest in 3 years
2007: €43k▼ -52.2% vs 2006lowest in 3 years
2008: €77k▲ +80.7% vs 2007
2006 → 2008
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line200620072008Trend
Turnover€695k-€669k▼ 3.7%€942k▲ 40.8%
2006: €695k
2007: €669k▼ -3.7% vs 2006lowest in 3 years
2008: €942k▲ +40.8% vs 2007highest in 3 years
Equity€233k-€204k▼ 12.7%€292k▲ 43.6%
2006: €233k
2007: €204k▼ -12.7% vs 2006lowest in 3 years
2008: €292k▲ +43.6% vs 2007highest in 3 years
Operating result€53k-€-28k€-5k▲ 83.8%
2006: €53khighest in 3 years
2007: €-28k▼ -153% vs 2006lowest in 3 years
2008: €-5k▲ +83.8% vs 2007
Net result€33k-€-30k€89k
2006: €33k
2007: €-30k▼ -189% vs 2006lowest in 3 years
2008: €89k▲ +401% vs 2007highest in 3 years
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5k in 2008 against €28k in 2007; the loss shrinks.
Balance-sheet composition
2008 in colour, 2007 as the grey bar beneath
Assets €455k
Fixed assets
€266k ▼ 24.1%
Current assets
€189k ▲ 137%
Equity and liabilities €455k
Equity
€292k ▲ 43.6%
Provisions
€6k ▼ 10.0%
Debt
€157k ▼ 28.6%
Debt's share of the balance-sheet total falls from 51.1% to 34.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€57k▲
2007 · €21k
Cash flow
€150k▲
2007 · €20k
Current ratio
1.69▼
2007 · 2.14
Debt to equity
0.15▼
2007 · 0.68
ROE
30.4%▲
2007 · -14.5%
ROA
19.5%▲
2007 · -6.9%
Debt ≤ 1 year
€112k▲
2007 · €37k
Debt > 1 year
€44k▼
2007 · €138k
Income taxes
€35k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2008 against 2007 · 28 lines
Balance sheet
Code20072008
Assets
Total assets20/58€430k€455k▲
Fixed assets21/28€350k€266k▼
Intangible fixed assets21€234k€201k▼
Tangible fixed assets22/27€50k€65k▲
Financial fixed assets28€66k€210▼
Current assets29/58€80k€189k▲
Amounts receivable within one year40/41€9k€44k▲
Cash at bank and in hand54/58€69k€143k▲
Equity and liabilities
Total equity and liabilities10/49€430k€455k▲
Equity10/15€204k€292k▲
Contributions10/11€62k€62k=
Reserves13€17k€16k▼
Profit (loss) carried forward14€125k€215k▲
Provisions and deferred taxes16€7k€6k▼
Amounts payable17/49€219k€157k▼
Amounts payable after more than one year17€138k€44k▼
Amounts payable within one year42/48€37k€112k▲
Trade debts44€9k€54k▲
Income statement
Code20072008
Turnover70€669k€942k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€62k▲
Gross operating margin9900€26k€146k▲
Operating profit (loss)9901€-28k€-5k▲
Recurring financial income75€3k€5k▲
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€-30k€123k▲
Income taxes67/77-€35k
Profit (loss) for the period9904€-30k€89k▲
Profit (loss) for the period to be appropriated9905€-28k€90k▲
Accounts by statement
| Line | 2006 | 2007 | 2008 | Change |
|---|---|---|---|---|
| Turnover70 | €695k | €669k | €942k | ▲ 40.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €50k | €49k | €62k | ▲ 24.5% |
| Gross operating margin9900 | €107k | €26k | €146k | ▲ 454% |
| Operating profit (loss)9901 | €53k | €-28k | €-5k | ▲ 83.8% |
| Recurring financial income75 | €4k | €3k | €5k | ▲ 66.3% |
| Recurring financial charges65 | €9k | €8k | €7k | ▼ 7.7% |
| Profit (loss) for the period before taxes9903 | €49k | €-30k | €123k | ▲ 507% |
| Income taxes67/77 | €16k | - | €35k | - |
| Profit (loss) for the period9904 | €33k | €-30k | €89k | ▲ 401% |
| Profit (loss) for the period to be appropriated9905 | €35k | €-28k | €90k | ▲ 417% |
| Line | 2006 | 2007 | 2008 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €496k | €430k | €455k | ▲ 5.9% |
| Fixed assets21/28 | €377k | €350k | €266k | ▼ 24.1% |
| Intangible fixed assets21 | €268k | €234k | €201k | ▼ 14.1% |
| Tangible fixed assets22/27 | €52k | €50k | €65k | ▲ 29.1% |
| Financial fixed assets28 | €57k | €66k | €210 | ▼ 99.7% |
| Current assets29/58 | €119k | €80k | €189k | ▲ 137% |
| Amounts receivable within one year40/41 | €36k | €9k | €44k | ▲ 374% |
| Cash at bank and in hand54/58 | €71k | €69k | €143k | ▲ 106% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €496k | €430k | €455k | ▲ 5.9% |
| Equity10/15 | €233k | €204k | €292k | ▲ 43.6% |
| Contributions10/11 | €62k | €62k | €62k | = |
| Reserves13 | €18k | €17k | €16k | ▼ 6.3% |
| Profit (loss) carried forward14 | €153k | €125k | €215k | ▲ 71.8% |
| Provisions and deferred taxes16 | €7k | €7k | €6k | ▼ 10.0% |
| Amounts payable17/49 | €255k | €219k | €157k | ▼ 28.6% |
| Amounts payable after more than one year17 | €167k | €138k | €44k | ▼ 67.9% |
| Amounts payable within one year42/48 | €30k | €37k | €112k | ▲ 200% |
| Trade debts44 | €2k | €9k | €54k | ▲ 502% |
| Line | 2006 | 2007 | 2008 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €33k | €-30k | €89k | ▲ 401% |
| + Depreciation and write-downs630 | €50k | €49k | €62k | ▲ 24.5% |
| Operating cash flow (approximation) | €83k | €20k | €150k | ▲ 655% |
| Investment in fixed assets (approximation) | - | €-22k | €23k | ▲ 202% |
| Change in cash | - | €-2k | €74k | ▲ 4,922% |
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
2009
31-08
NBB filing
Annual accounts filed
fiscal year 2008 · full schema · 31 days late
19-06
State Gazette act
Merger
2008
31-12
Financial
Back to profitnet €89k
Net result €89k after one loss-making year.
05-08
NBB filing
Annual accounts filed
fiscal year 2007 · full schema · 5 days late
2007
31-12
Financial
Weakest financial yearnet €-30k
Net result drops to €-30k, the lowest in the series.
09-08
NBB filing
Annual accounts filed
fiscal year 2006 · full schema · 9 days late
2006
15-06
NBB filing
Annual accounts filed
fiscal year 2005 · full schema
2005
14-06
NBB filing
Annual accounts filed
fiscal year 2004 · full schema
2004
20-07
NBB filing
Annual accounts filed
fiscal year 2003 · full schema
2003
06-08
NBB filing
Annual accounts filed
fiscal year 2002 · full schema · 6 days late
2002
03-10
NBB filing
Annual accounts filed
fiscal year 2001 · full schema · 64 days late
2001
01-06
NBB filing
Annual accounts filed
fiscal year 2000 · full schema
2000
03-07
NBB filing
Annual accounts filed
fiscal year 1999 · full schema
Financial milestoneState Gazette actNBB 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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Structure & network
Acquisitions and mergers
1 transactionTaken over by:Billen & C°