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AGIEL

Active
Private limited companyfounded 20233 yrs activeFrancisca Pecsteenlaan 4, 9990 Maldegem, BelgiumKBO/BCE: BE 0800.550.995
Summary

AGIEL has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €107,485 and a net result of €46,769. Its solvency ranks better than 82% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability100=
Solvency100▲+5
Growth52
Track record94
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 6.35 against 3.31 in 2023; short-term debt: 14.2% and cash: 86.5% of total assets), and 14.2% of the assets are financed with debt.
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Signals

Three 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
29 d early
2023
12 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 21 days before 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 (1)
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

AGIEL was incorporated on 7 April 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

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

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Financials · fiscal year 2024, micro schema

Equity
€107,485▲ 77.0%
2023 · €60,716
Total assets
€125,290▲ 44.0%
2023 · €87,023
Net result
€46,769▼ 17.5%
2023 · €56,716
Working capital
€95,168▲ 56.7%
2023 · €60,716
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
Line20232024
Operating result€76,320-€59,275▼ 22.3%
Net result€56,716-€46,769▼ 17.5%
Equity€60,716-€107,485▲ 77.0%
Total assets€87,023-€125,290▲ 44.0%
Debt€26,306-€17,805▼ 32.3%
Working capital€60,716-€95,168▲ 56.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000€80,000Operating result 2023: €76,320€76,320Net result 2023: €56,716€56,716Operating result 2024: €59,275€59,275Net result 2024: €46,769€46,76920232024€0€20,000€40,000€60,000€80,000Operating result 2023: €76,320€76,300Net result 2023: €56,716€56,700Operating result 2024: €59,275€59,300Net result 2024: €46,769€46,80020232024
The operating result falls in 2024; 2024 is 22% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €125,290
Fixed assets €12,317
Current assets €112,973
Equity and liabilities €125,290
Equity €107,485 ▲ 77.0%
Debt €17,805 ▼ 32.3%
Debt's share of the balance-sheet total falls from 30.2% to 14.2%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€61,815
Cash flow
€49,309
Current ratio
6.35▲
2023 · 3.31
Debt to equity
0.17▼
2023 · 0.43
ROE
43.5%▼
2023 · 93.4%
ROA
37.3%▼
2023 · 65.2%
Interest coverage
251.91
Debt ≤ 1 year
€17,805▼
2023 · €26,306
Income taxes
€12,261▼
2023 · €19,534
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 39,275 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 · 36 lines
Balance sheet Code20232024
Assets
Total assets20/58€87,023€125,290▲
Fixed assets21/28-€12,317
Tangible fixed assets22/27-€12,317
Plant, machinery and equipment23-€1,850
Furniture and vehicles24-€10,467
Current assets29/58€87,023€112,973▲
Amounts receivable within one year40/41€9,164€3,226▼
Trade receivables40€8,525€2,640▼
Other amounts receivable41€639€586▼
Cash at bank and in hand54/58€77,097€108,394▲
Deferred charges and accrued income490/1€762€1,353▲
Equity and liabilities
Total equity and liabilities10/49€87,023€125,290▲
Equity10/15€60,716€107,485▲
Contributions10/11€4,000€4,000=
Reserves13€56,716€103,485▲
Distributable reserves133€56,716€103,485▲
Amounts payable17/49€26,306€17,805▼
Amounts payable within one year42/48€26,306€17,805▼
Trade debts44€4,497€435▼
Suppliers440/4€4,497€435▼
Taxes, remuneration and social security45€19,783€14,691▼
Taxes450/3€19,783€14,691▼
Other amounts payable47/48€2,026€2,678▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2,540
Other operating charges640/8€485€451▼
Gross operating margin9900€76,805€62,266▼
Operating profit (loss)9901€76,320€59,275▼
Financial charges65/66B€69€245▲
Recurring financial charges65€69€245▲
Profit (loss) for the period before taxes9903€76,250€59,030▼
Income taxes67/77€19,534€12,261▼
Profit (loss) for the period9904€56,716€46,769▼
Profit (loss) for the period to be appropriated9905€56,716€46,769▼
Appropriation of the result
Profit (loss) to be appropriated9906€56,716€46,769▼
Transfer to equity691/2€56,716€46,769▼
To other reserves6921€56,716€46,769▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2,540-
Other operating charges640/8€485€451▼ 7.1%
Gross operating margin9900€76,805€62,266▼ 18.9%
Operating profit (loss)9901€76,320€59,275▼ 22.3%
Financial charges65/66B€69€245▲ 254%
Recurring financial charges65€69€245▲ 254%
Profit (loss) for the period before taxes9903€76,250€59,030▼ 22.6%
Income taxes67/77€19,534€12,261▼ 37.2%
Profit (loss) for the period9904€56,716€46,769▼ 17.5%
Profit (loss) for the period to be appropriated9905€56,716€46,769▼ 17.5%
Line20232024Change
Assets
Total assets20/58€87,023€125,290▲ 44.0%
Fixed assets21/28-€12,317-
Tangible fixed assets22/27-€12,317-
Plant, machinery and equipment23-€1,850-
Furniture and vehicles24-€10,467-
Current assets29/58€87,023€112,973▲ 29.8%
Amounts receivable within one year40/41€9,164€3,226▼ 64.8%
Trade receivables40€8,525€2,640▼ 69.0%
Other amounts receivable41€639€586▼ 8.2%
Cash at bank and in hand54/58€77,097€108,394▲ 40.6%
Deferred charges and accrued income490/1€762€1,353▲ 77.6%
Equity and liabilities
Total equity and liabilities10/49€87,023€125,290▲ 44.0%
Equity10/15€60,716€107,485▲ 77.0%
Contributions10/11€4,000€4,000=
Reserves13€56,716€103,485▲ 82.5%
Distributable reserves133€56,716€103,485▲ 82.5%
Amounts payable17/49€26,306€17,805▼ 32.3%
Amounts payable within one year42/48€26,306€17,805▼ 32.3%
Trade debts44€4,497€435▼ 90.3%
Suppliers440/4€4,497€435▼ 90.3%
Taxes, remuneration and social security45€19,783€14,691▼ 25.7%
Taxes450/3€19,783€14,691▼ 25.7%
Other amounts payable47/48€2,026€2,678▲ 32.2%
Line20232024Change
Profit (loss) for the period9904€56,716€46,769▼ 17.5%
+ Depreciation and write-downs630-€2,540-
Operating cash flow (approximation)€56,716€49,309▼ 13.1%
Change in cash-€31,297-

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

2025
02-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Equity above €100,000Eq €107,485 ▲77%
2 profitable years in a row build equity to €107,485.
19-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
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, Maldegem · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
858 m²
Building footprint
203 m²
Volume, LiDAR
1,089 m³
Parcel 43503H1170/00K000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AGIEL
Francisca Pecsteenlaan 4, 9990 MaldegemWholesale trade
since 20232.343.857.817
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
43503H1170/00K000 Flanders 858 m² 1 · 203 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.

Similar companies · same sector, comparable size

Of 30,007 companies in sector 62200 we hold annual accounts for 18,396. 15,547 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
Founded07-04-2023
Fiscal year end31-12
Trade name NL CADGIS.IO
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID 0208:0800550995
Also 9925:BE0800550995
Registered 18-12-2024

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.