AGK CONCEPT
Open bankruptcyAre you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- French-language Enterprise Court of Brussels
- Declared bankrupt
- 4 July 2025
- Supervising judge
- Didier Woitrin
- Official Gazette
- 11-07-2025 (pdf) ↗search the document for 2025/130933
Deadlines
- Appeal or third-party opposition until
- passed on 26 July 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 3 August 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 13 August 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 4 July 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Anicet BaumAvenue Armand Huysmans 212, 1050 Ixellesavocat.baum@proximus.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
181920222324
2018 to 2024 · latest year -€276,295
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 24-06-2025, 37 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2024
37 d early
2023
51 d early
2022
74 d early
2020
38 d early
2019
35 d early
2018
34 d early
2017
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 34 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Turnover
€151,682
EBIT margin
-20.5%
Net result
-€41,285▲ 34.1%
2023 · -€62,687
Working capital
-€132,065▼ 26.0%
2023 · -€104,824
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202220232024
Turnover€151,682
Operating result-€33,826▼ 98.7%-€31,088▲ 8.1%-€24,177--€61,319▼ 154%-€34,475▲ 43.8%
Net result-€38,947▼ 77.0%-€35,682▲ 8.4%-€26,591--€62,687▼ 136%-€41,285▲ 34.1%
EBIT margin-20.5%
Equity-€52,092▼ 296%-€87,773▼ 68.5%-€172,324--€235,010▼ 36.4%-€276,295▼ 17.6%
Total assets€189,079▼ 16.2%€137,895▼ 27.1%€97,337-€42,527▼ 56.3%€65,667▲ 54.4%
Debt€241,171▲ 1.0%€225,668▼ 6.4%€269,660-€277,537▲ 2.9%€341,963▲ 23.2%
Working capital-€57,665▼ 283%-€67,607▼ 17.2%-€84,807--€104,824▼ 23.6%-€132,065▼ 26.0%
Staff (FTE)4.8▲ 6.7%4.8=3.8-4▲ 5.3%3.6▼ 10.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €34,475 in 2024 against €61,319 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €65,667
Fixed assets
€350 ▼ 40.0%
Current assets
€65,318 ▲ 55.7%
Equity and liabilities
Equity-€276,295
Debt€341,963
Equity is negative: debt (€341,963) exceeds the balance-sheet total (€65,667).
Key figures and ratios
EBITDA
-€34,242▼
2023 · -€20,798
Cash flow
-€41,052▼
2023 · -€22,165
Solvency
-420.8%▲
2023 · -552.6%
Current ratio
0.33▲
2023 · 0.29
Quick ratio
0.27▲
2023 · 0.15
ROA
-62.9%▲
2023 · -147.4%
Interest coverage
-4.81▼
2023 · -4.68
Debt ≤ 1 year
€197,383▲
2023 · €146,768
Debt > 1 year
€144,580▲
2023 · €95,760
Staff costs
€134,035▲
2023 · €130,002
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €151,682 | - | - | - | - |
| Non-recurring operating income76A | - | - | €164 | - | €5,953 | - |
| Remuneration, social security and pensions62 | - | - | €101,032 | €130,002 | €134,035 | ▲ 3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24,977 | €28,746 | €40,488 | €40,522 | €233 | ▼ 99.4% |
| Other operating charges640/8 | - | - | €3,784 | €11,285 | €3,413 | ▼ 69.8% |
| Non-recurring operating charges66A | - | - | - | €1,790 | - | - |
| Gross operating margin9900 | €150,974 | €84,208 | €121,127 | €122,279 | €103,206 | ▼ 15.6% |
| Operating profit (loss)9901 | -€33,826 | -€31,088 | -€24,177 | -€61,319 | -€34,475 | ▲ 43.8% |
| Financial income75/76B | - | - | €2,329 | €3,078 | €309 | ▼ 90.0% |
| Recurring financial income75 | €27 | €127 | €2,329 | €3,078 | €309 | ▼ 90.0% |
| Financial charges65/66B | - | - | €4,743 | €4,446 | €7,119 | ▲ 60.1% |
| Recurring financial charges65 | €5,147 | €4,721 | €4,743 | €4,446 | €7,119 | ▲ 60.1% |
| Profit (loss) for the period before taxes9903 | -€38,946 | -€35,682 | -€26,591 | -€62,687 | -€41,285 | ▲ 34.1% |
| Income taxes67/77 | €0 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€38,947 | -€35,682 | -€26,591 | -€62,687 | -€41,285 | ▲ 34.1% |
| Profit (loss) for the period to be appropriated9905 | -€38,947 | -€35,682 | -€26,591 | -€62,687 | -€41,285 | ▲ 34.1% |
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €189,079 | €137,895 | €97,337 | €42,527 | €65,667 | ▲ 54.4% |
| Fixed assets21/28 | €149,545 | €120,799 | €41,104 | €583 | €350 | ▼ 40.0% |
| Tangible fixed assets22/27 | €149,545 | €120,799 | €41,104 | €583 | €350 | ▼ 40.0% |
| Plant, machinery and equipment23 | - | - | €816 | €583 | €350 | ▼ 40.0% |
| Other tangible fixed assets26 | - | - | €40,289 | - | - | - |
| Current assets29/58 | €39,534 | €17,096 | €56,233 | €41,944 | €65,318 | ▲ 55.7% |
| Stocks and contracts in progress3 | €17,844 | €16,294 | €21,338 | €19,904 | €11,778 | ▼ 40.8% |
| Stocks30/36 | - | - | €21,338 | €19,904 | €11,778 | ▼ 40.8% |
| Amounts receivable within one year40/41 | €244 | - | €278 | €10,683 | €14,014 | ▲ 31.2% |
| Trade receivables40 | - | - | €224 | - | - | - |
| Other amounts receivable41 | - | - | €54 | €10,683 | €14,014 | ▲ 31.2% |
| Cash at bank and in hand54/58 | €20,581 | €802 | €13,058 | €11,309 | €16,110 | ▲ 42.5% |
| Deferred charges and accrued income490/1 | - | - | €21,558 | €48 | €23,415 | ▲ 48,199% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €189,079 | €137,895 | €97,337 | €42,527 | €65,667 | ▲ 54.4% |
| Equity10/15 | -€52,092 | -€87,773 | -€172,324 | -€235,010 | -€276,295 | ▼ 17.6% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Capital10 | - | - | €20,000 | €20,000 | €20,000 | = |
| Issued capital100 | - | - | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€72,092 | -€107,773 | -€192,324 | -€255,010 | -€296,295 | ▼ 16.2% |
| Amounts payable17/49 | €241,171 | €225,668 | €269,660 | €277,537 | €341,963 | ▲ 23.2% |
| Amounts payable after more than one year17 | €143,972 | €140,965 | €128,621 | €95,760 | €144,580 | ▲ 51.0% |
| Financial debts170/4 | - | - | €128,621 | €95,760 | €144,580 | ▲ 51.0% |
| Amounts payable within one year42/48 | €97,199 | €84,703 | €141,039 | €146,768 | €197,383 | ▲ 34.5% |
| Current portion of amounts payable after more than one year42 | - | - | €32,880 | €32,861 | €8,330 | ▼ 74.7% |
| Trade debts44 | €46,045 | €27,073 | €44,313 | €22,050 | €81,580 | ▲ 270% |
| Suppliers440/4 | - | - | €44,313 | €22,050 | €81,580 | ▲ 270% |
| Taxes, remuneration and social security45 | - | - | €55,519 | €80,731 | €103,388 | ▲ 28.1% |
| Taxes450/3 | - | - | €12,423 | €22,827 | €34,411 | ▲ 50.7% |
| Remuneration and social security454/9 | - | - | €43,096 | €57,904 | €68,978 | ▲ 19.1% |
| Other amounts payable47/48 | - | - | €8,328 | €11,126 | €4,085 | ▼ 63.3% |
| Accrued charges and deferred income492/3 | - | - | - | €35,009 | - | - |
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€38,947 | -€35,682 | -€26,591 | -€62,687 | -€41,285 | ▲ 34.1% |
| + Depreciation and write-downs630 | €24,977 | €28,746 | €40,488 | €40,522 | €233 | ▼ 99.4% |
| Operating cash flow (approximation) | -€13,969 | -€6,936 | €13,897 | -€22,165 | -€41,052 | ▼ 85.2% |
| Investment in fixed assets (approximation) | - | €0 | - | €0 | €0 | - |
| Change in cash | - | -€19,779 | - | -€1,749 | €4,802 | ▲ 374% |
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
2025
11-07
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 04-07-2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€62,687
Net result drops to -€62,687, the lowest in the series.
18-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
SignalFinancial 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
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2016
Ground area
4.0 ha
Building footprint
2.1 ha
Volume, LiDAR
402,000 m³
Parcel 21813F0608/00M000, Brussels · tallest building 30.4 m, ±6 floors. Linked by address, not a title deed.
47
companies at this address
See who is registered here
1 establishment unit
Andy & Jeff
since 20162.254.854.080
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21813F0608/00M000 | Brussels | 4.0 ha | 1 · 2.1 ha | 30.4 m · 6 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ANICET BAUM Avenue Armand Huysmans 212, 1050 Ixelles |
04-07-2025 → present |
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded20-07-2016
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.