AGifficiency
ActiveSummary
AGifficiency has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €65k and a net result of €23k. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 64% of 7780 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability98▲+8
Solvency91▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.89 against 2.78 in 2024; short-term debt: 34% and cash: 28% of total assets), and 34% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
66%
Return on assets
23.3%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
10 d late
2024
13 d early
2023
22 d early
2022
20 d early
2021
34 d early
2020
26 d early
2019
17 d early
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€65k▲ 7.3%
2024 · €60k
2018: €47k
2019: €44k▼ -7.2% vs 2018lowest in 8 years
2020: €60k▲ +35.1% vs 2019
2021: €63k▲ +5.5% vs 2020
2022: €55k▼ -12.6% vs 2021
2023: €55k▲ +0.1% vs 2022
2024: €60k▲ +9.5% vs 2023
2025: €65k▲ +7.3% vs 2024highest in 8 years
2018 → 2025
Total assets
€98k▼ 3.7%
2024 · €102k
2018: €50k
2019: €46k▼ -7.6% vs 2018lowest in 8 years
2020: €82k▲ +77.4% vs 2019
2021: €68k▼ -16.5% vs 2020
2022: €77k▲ +12.5% vs 2021
2023: €100k▲ +30.8% vs 2022
2024: €102k▲ +1.3% vs 2023highest in 8 years
2025: €98k▼ -3.7% vs 2024
2018 → 2025
Net result
€23k▲ 33.7%
2024 · €17k
2018: €10k
2019: €-3k▼ -126% vs 2018
2020: €23k▲ +964% vs 2019
2021: €6k▼ -72.3% vs 2020
2022: €-7k▼ -213% vs 2021lowest in 8 years
2023: €32k▲ +556% vs 2022highest in 8 years
2024: €17k▼ -47.2% vs 2023
2025: €23k▲ +33.7% vs 2024
2018 → 2025
Working capital
€63k▼ 0.4%
2024 · €63k
2018: €47k
2019: €43k▼ -8.8% vs 2018lowest in 8 years
2020: €53k▲ +22.5% vs 2019
2021: €59k▲ +11.7% vs 2020
2022: €54k▼ -9.0% vs 2021
2023: €52k▼ -4.0% vs 2022
2024: €63k▲ +22.1% vs 2023highest in 8 years
2025: €63k▼ -0.4% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€63k-€55k▼ 12.6%€55k▲ 0.1%€60k▲ 9.5%€65k▲ 7.3%
2021: €63k
2022: €55k▼ -12.6% vs 2021lowest in 5 years
2023: €55k▲ +0.1% vs 2022
2024: €60k▲ +9.5% vs 2023
2025: €65k▲ +7.3% vs 2024highest in 5 years
Operating result€6k-€-7k€42k€25k▼ 39.8%€31k▲ 25.2%
2021: €6k
2022: €-7k▼ -219% vs 2021lowest in 5 years
2023: €42k▲ +712% vs 2022highest in 5 years
2024: €25k▼ -39.8% vs 2023
2025: €31k▲ +25.2% vs 2024
Net result€6k-€-7k€32k€17k▼ 47.2%€23k▲ 33.7%
2021: €6k
2022: €-7k▼ -213% vs 2021lowest in 5 years
2023: €32k▲ +556% vs 2022highest in 5 years
2024: €17k▼ -47.2% vs 2023
2025: €23k▲ +33.7% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 25% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €98k
Fixed assets
€2k ▼ 44.3%
Current assets
€96k ▼ 2.4%
Equity and liabilities €98k
Equity
€65k ▲ 7.3%
Debt
€33k ▼ 19.6%
Debt's share of the balance-sheet total falls from 40.8% to 34.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€33k▲
2024 · €26k
Cash flow
€24k▲
2024 · €18k
Current ratio
2.89▲
2024 · 2.78
Debt to equity
0.52▼
2024 · 0.69
ROE
35.3%▲
2024 · 28.4%
ROA
23.3%▲
2024 · 16.8%
Interest coverage
12.40▲
2024 · 9.39
Debt ≤ 1 year
€33k▼
2024 · €35k
Debt > 1 year
€0▼
2024 · €6k
Income taxes
€7k▲
2024 · €5k
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 · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€102k€98k▼
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23€3k€2k▼
Current assets29/58€99k€96k▼
Amounts receivable within one year40/41€44k€49k▲
Trade receivables40€39k€48k▲
Other amounts receivable41€5k€97▼
Current investments50/53€4k€14k▲
Cash at bank and in hand54/58€43k€27k▼
Deferred charges and accrued income490/1€8k€7k▼
Equity and liabilities
Total equity and liabilities10/49€102k€98k▼
Equity10/15€60k€65k▲
Contributions10/11€19k€19k=
Reserves13€42k€46k▲
Distributable reserves133€42k€46k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€41k€33k▼
Amounts payable after more than one year17€6k€0▼
Other amounts payable178/9€6k€0▼
Amounts payable within one year42/48€35k€33k▼
Financial debts43€778€656▼
Credit institutions430/8€778€656▼
Trade debts44€206€1k▲
Suppliers440/4€206€1k▲
Taxes, remuneration and social security45€10k€5k▼
Taxes450/3€10k€5k▼
Other amounts payable47/48€25k€27k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Other operating charges640/8€387€400▲
Gross operating margin9900€27k€33k▲
Operating profit (loss)9901€25k€31k▲
Financial income75/76B€0€583▲
Recurring financial income75€0€583▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€22k€29k▲
Income taxes67/77€5k€7k▲
Profit (loss) for the period9904€17k€23k▲
Profit (loss) for the period to be appropriated9905€17k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€17k€23k▲
Transfer from equity791/2€24k€0▼
Transfer to equity691/2€17k€4k▼
To other reserves6921€17k€4k▼
Profit to be distributed694/7€24k€18k▼
Return on contributions (dividend)694€24k€18k▼
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €8k | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €3k | €585 | €1k | €1k | ▲ 1.6% |
| Other operating charges640/8 | €832 | €839 | €563 | €387 | €400 | ▲ 3.2% |
| Non-recurring operating charges66A | - | €3k | €0 | - | - | - |
| Gross operating margin9900 | €10k | €-58 | €43k | €27k | €33k | ▲ 23.7% |
| Operating profit (loss)9901 | €6k | €-7k | €42k | €25k | €31k | ▲ 25.2% |
| Financial income75/76B | €3k | €12 | €238 | €0 | €583 | - |
| Recurring financial income75 | €3k | €12 | €238 | €0 | €583 | - |
| Financial charges65/66B | €52 | €118 | €1k | €3k | €3k | ▼ 6.0% |
| Recurring financial charges65 | €52 | €118 | €1k | €3k | €3k | ▼ 6.0% |
| Profit (loss) for the period before taxes9903 | €9k | €-7k | €41k | €22k | €29k | ▲ 31.7% |
| Income taxes67/77 | €3k | €175 | €8k | €5k | €7k | ▲ 25.1% |
| Profit (loss) for the period9904 | €6k | €-7k | €32k | €17k | €23k | ▲ 33.7% |
| Profit (loss) for the period to be appropriated9905 | €6k | €-7k | €32k | €17k | €23k | ▲ 33.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €68k | €77k | €100k | €102k | €98k | ▼ 3.7% |
| Fixed assets21/28 | €4k | €934 | €3k | €3k | €2k | ▼ 44.3% |
| Tangible fixed assets22/27 | €4k | €934 | €3k | €3k | €2k | ▼ 44.3% |
| Plant, machinery and equipment23 | - | - | €3k | €3k | €2k | ▼ 44.3% |
| Furniture and vehicles24 | €4k | €934 | €0 | - | - | - |
| Current assets29/58 | €65k | €76k | €97k | €99k | €96k | ▼ 2.4% |
| Amounts receivable within one year40/41 | €10k | €28k | €37k | €44k | €49k | ▲ 10.9% |
| Trade receivables40 | €5k | €18k | €37k | €39k | €48k | ▲ 25.1% |
| Other amounts receivable41 | €5k | €10k | €19 | €5k | €97 | ▼ 98.1% |
| Current investments50/53 | €3k | - | - | €4k | €14k | ▲ 250% |
| Cash at bank and in hand54/58 | €50k | €38k | €50k | €43k | €27k | ▼ 36.6% |
| Deferred charges and accrued income490/1 | €1k | €10k | €9k | €8k | €7k | ▼ 13.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €68k | €77k | €100k | €102k | €98k | ▼ 3.7% |
| Equity10/15 | €63k | €55k | €55k | €60k | €65k | ▲ 7.3% |
| Contributions10/11 | €6k | €6k | €6k | €19k | €19k | = |
| Reserves13 | €57k | €49k | €49k | €42k | €46k | ▲ 10.6% |
| Distributable reserves133 | €57k | €49k | €49k | €42k | €46k | ▲ 10.6% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €5k | €22k | €45k | €41k | €33k | ▼ 19.6% |
| Amounts payable after more than one year17 | - | - | - | €6k | €0 | ▼ 100% |
| Other amounts payable178/9 | - | - | - | €6k | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €5k | €22k | €45k | €35k | €33k | ▼ 6.0% |
| Financial debts43 | €45 | €166 | €17 | €778 | €656 | ▼ 15.7% |
| Credit institutions430/8 | €45 | €166 | €17 | €778 | €656 | ▼ 15.7% |
| Trade debts44 | €2k | €13k | €901 | €206 | €1k | ▲ 464% |
| Suppliers440/4 | €2k | €13k | €901 | €206 | €1k | ▲ 464% |
| Taxes, remuneration and social security45 | €353 | €7k | €12k | €10k | €5k | ▼ 51.6% |
| Taxes450/3 | €353 | €7k | €12k | €10k | €5k | ▼ 51.6% |
| Other amounts payable47/48 | €4k | €1k | €33k | €25k | €27k | ▲ 8.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €-7k | €32k | €17k | €23k | ▲ 33.7% |
| + Depreciation and write-downs630 | €3k | €3k | €585 | €1k | €1k | ▲ 1.6% |
| Operating cash flow (approximation) | €9k | €-5k | €33k | €18k | €24k | ▲ 31.5% |
| Investment in fixed assets (approximation) | - | €0 | €-3k | €-1k | €0 | ▲ 100% |
| Change in cash | - | €-12k | €12k | €-7k | €-16k | ▼ 127% |
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
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity quadruplescurrent ratio 11.92
Current ratio from 3.39 to 11.92; short-term debt falls from €22k to €5k.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB 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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Directors · office · real estate
Directors
3 acts for this company are 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, Boortmeerbeek · 1 establishment unit since 2016
Ground area
568 m²
Building footprint
95 m²
Volume, LiDAR
541 m³
Parcel 24039A0083/00C007, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
AGifficiency
since 20162.249.129.496
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24039A0083/00C007 | Flanders | 568 m² | 1 · 95 m² | 7.9 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 180 EUR awarded · 180 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 180 EUR | 180 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 24,515 companies in sector 82990 we hold annual accounts for 9,408. 7,069 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
Founded08-01-2016
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
64210Activities of holding companies
70200Business and other management consultancy
73200Market research and public opinion polling
73300Public relations and communication consultancy
82100Office administrative and support services
Scores and ratios are computed by Checked and are not a credit decision.