AGILCO
ActiveSummary
AGILCO has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €60,620 and a net result of €17,500. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 64% of 28254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability90▲+4
Solvency85▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 2.45 against 2.71 in 2024; short-term debt: 40.4% and cash: 53% of total assets), and 40.4% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more 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
59.6%
Return on assets
17.2%
Age of the figures
15 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €60,620
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
2 d early
2024
on the day
2023
on the day
2022
1 d early
2021
45 d early
2020
13 d early
2019
15 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 11 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€60,620▲ 40.6%
2024 · €43,120
Total assets
€101,723▲ 50.4%
2024 · €67,643
Net result
€17,500▲ 84.2%
2024 · €9,499
Working capital
€59,648▲ 42.3%
2024 · €41,921
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction 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
Line20212022202320242025
Operating result€476▼ 91.3%-€3,037€16,004€9,928▼ 38.0%€24,126▲ 143%
Net result€119below the sector's middle half▼ 97.8%-€3,282below the sector's middle half€15,805within the sector's middle half€9,499within the sector's middle half▼ 39.9%€17,500within the sector's middle half▲ 84.2%
Equity€8,697below the sector's middle half▲ 1.4%€5,415below the sector's middle half▼ 37.7%€33,621within the sector's middle half▲ 521%€43,120within the sector's middle half▲ 28.3%€60,620within the sector's middle half▲ 40.6%
Total assets€36,651below the sector's middle half▲ 48.6%€45,550below the sector's middle half▲ 24.3%€59,508below the sector's middle half▲ 30.6%€67,643within the sector's middle half▲ 13.7%€101,723within the sector's middle half▲ 50.4%
Debt€27,954▲ 73.7%€40,135▲ 43.6%€25,888▼ 35.5%€24,523▼ 5.3%€41,103▲ 67.6%
Working capital€8,599within the sector's middle half▲ 30.7%€5,317within the sector's middle half▼ 38.2%€33,522within the sector's middle half▲ 530%€41,921within the sector's middle half▲ 25.1%€59,648within the sector's middle half▲ 42.3%
Solvency23.7%within the sector's middle half▼ 11.0pp11.9%below the sector's middle half▼ 11.8pp56.5%within the sector's middle half▲ 44.6pp63.7%within the sector's middle half▲ 7.2pp59.6%within the sector's middle half▼ 4.2pp
Current ratio1.31within the sector's middle half▼ 0.101.13within the sector's middle half▼ 0.182.29within the sector's middle half▲ 1.162.71within the sector's middle half▲ 0.412.45within the sector's middle half▼ 0.26
Return on assets (ROA)0.3%below the sector's middle half▼ 21.1pp-7.2%below the sector's middle half▼ 7.5pp26.6%above the sector's middle half▲ 33.8pp14.0%within the sector's middle half▼ 12.5pp17.2%within the sector's middle half▲ 3.2pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction 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
The operating result recovers in 2025; 2025 is 143% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €101,723
Fixed assets
€971 ▼ 19.0%
Current assets
€100,752 ▲ 51.6%
Equity and liabilities €101,723
Equity
€60,620 ▲ 40.6%
Debt
€41,103 ▲ 67.6%
Debt's share of the balance-sheet total rises from 36.3% to 40.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€24,354▲
2024 · €9,964
Cash flow
€17,727▲
2024 · €9,536
Debt to equity
0.68▲
2024 · 0.57
ROE
28.9%▲
2024 · 22.0%
Interest coverage
69.82▲
2024 · 48.27
Debt ≤ 1 year
€41,103▲
2024 · €24,523
Income taxes
€6,278▲
2024 · €3,524
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.7% |
| 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 75% 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 26,970 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €37 | €228 | ▲ 520% |
| Other operating charges640/8 | - | €507 | €992 | €743 | €871 | ▲ 17.3% |
| Gross operating margin9900 | €1,703 | -€2,530 | €16,996 | €10,707 | €25,225 | ▲ 136% |
| Operating profit (loss)9901 | €476 | -€3,037 | €16,004 | €9,928 | €24,126 | ▲ 143% |
| Financial income75/76B | - | - | - | €3,302 | - | - |
| Recurring financial income75 | - | - | - | €4 | - | - |
| Non-recurring financial income76B | - | - | - | €3,298 | - | - |
| Financial charges65/66B | - | €245 | €199 | €206 | €349 | ▲ 69.0% |
| Recurring financial charges65 | €357 | €245 | €199 | €206 | €349 | ▲ 69.0% |
| Profit (loss) for the period before taxes9903 | €119 | -€3,282 | €15,805 | €13,023 | €23,777 | ▲ 82.6% |
| Income taxes67/77 | - | - | - | €3,524 | €6,278 | ▲ 78.2% |
| Profit (loss) for the period9904 | €119 | -€3,282 | €15,805 | €9,499 | €17,500 | ▲ 84.2% |
| Profit (loss) for the period to be appropriated9905 | €119 | -€3,282 | €15,805 | €9,499 | €17,500 | ▲ 84.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €36,651 | €45,550 | €59,508 | €67,643 | €101,723 | ▲ 50.4% |
| Fixed assets21/28 | €98 | €98 | €98 | €1,199 | €971 | ▼ 19.0% |
| Tangible fixed assets22/27 | - | - | - | €1,101 | €873 | ▼ 20.7% |
| Plant, machinery and equipment23 | - | - | - | €1,101 | €873 | ▼ 20.7% |
| Financial fixed assets28 | €98 | €98 | €98 | €98 | €98 | = |
| Current assets29/58 | €36,553 | €45,452 | €59,410 | €66,444 | €100,752 | ▲ 51.6% |
| Amounts receivable within one year40/41 | €14,315 | €16,684 | €30,786 | €26,732 | €45,499 | ▲ 70.2% |
| Trade receivables40 | - | €16,473 | €29,704 | €26,728 | €44,895 | ▲ 68.0% |
| Other amounts receivable41 | - | €211 | €1,082 | €4 | €604 | ▲ 15,005% |
| Cash at bank and in hand54/58 | €21,516 | €27,929 | €27,428 | €38,298 | €53,931 | ▲ 40.8% |
| Deferred charges and accrued income490/1 | - | €839 | €1,197 | €1,415 | €1,322 | ▼ 6.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €36,651 | €45,550 | €59,508 | €67,643 | €101,723 | ▲ 50.4% |
| Equity10/15 | €8,697 | €5,415 | €33,621 | €43,120 | €60,620 | ▲ 40.6% |
| Contributions10/11 | - | €6,200 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €11,860 | €20,860 | €39,860 | ▲ 91.1% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | €10,000 | €19,000 | €38,000 | ▲ 100% |
| Profit (loss) carried forward14 | €637 | -€2,645 | €3,161 | €3,660 | €2,160 | ▼ 41.0% |
| Amounts payable17/49 | €27,954 | €40,135 | €25,888 | €24,523 | €41,103 | ▲ 67.6% |
| Amounts payable within one year42/48 | €27,954 | €40,135 | €25,888 | €24,523 | €41,103 | ▲ 67.6% |
| Trade debts44 | €5,674 | €15,955 | €11,311 | €8,624 | €4,002 | ▼ 53.6% |
| Suppliers440/4 | - | €15,955 | €11,311 | €8,624 | €4,002 | ▼ 53.6% |
| Advances received on contracts in progress46 | - | - | - | - | €6,731 | - |
| Taxes, remuneration and social security45 | - | €1,219 | €2,904 | €10,084 | €24,693 | ▲ 145% |
| Taxes450/3 | - | €348 | €385 | €5,016 | €17,039 | ▲ 240% |
| Remuneration and social security454/9 | - | €871 | €2,519 | €5,067 | €7,655 | ▲ 51.1% |
| Other amounts payable47/48 | - | €22,961 | €11,673 | €5,816 | €5,677 | ▼ 2.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €119 | -€3,282 | €15,805 | €9,499 | €17,500 | ▲ 84.2% |
| + Depreciation and write-downs630 | - | - | - | €37 | €228 | ▲ 520% |
| Operating cash flow (approximation) | €119 | -€3,282 | €15,805 | €9,536 | €17,727 | ▲ 85.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€1,138 | €0 | ▲ 100% |
| Change in cash | - | €6,413 | -€502 | €10,870 | €15,633 | ▲ 43.8% |
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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €17,500 ▲84.2%
Operating result €24,126, net result €17,500, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Back to profitnet €15,805
Net result €15,805 after one loss-making year.
30-06
Financial
Liquidity doublescurrent ratio 2.29
Current ratio from 1.13 to 2.29; short-term debt falls from €40,135 to €25,888.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
17-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
18-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Back to profitnet €5,289
Net result €5,289 after one loss-making year.
16-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, La Louvière · 1 establishment unit since 2017
Ground area
395 m²
Building footprint
88 m²
Volume, LiDAR
602 m³
2 parcels, Wallonia · tallest building 9.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue Reine Fabiola(S-V) 4, 7100 La Louvière
since 20172.293.251.036
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55038D0139/00F003 | Wallonia | 209 m² | 1 · 38 m² | 9.4 m · 3 fl. |
| 55042B0013/00C004 | Wallonia | 185 m² | 1 · 50 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,423. 6,183 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 (pre-2019)
Founded06-07-2017
Fiscal year end30-06
Activities, NACEBEL 2025
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0678362174
Also
9925:BE0678362174
Registered
31-12-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.