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AGL ELECTRO

Active
Private limited companyfounded 20233 yrs activeNachtegaallaan 44/3, 1731 Asse, BelgiumKBO/BCE: BE 0804.997.159
Summary

The computed 12-month bankruptcy probability of AGL ELECTRO is 8.0% (elevated). The 2024 annual accounts show negative equity (-€6,168) and a net result of -€15,934. Its solvency ranks better than 5% of 36380 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability0▼-84
Solvency0▼-63
Growth32
Track record94
Bankruptcy probability, 12 months
8.0% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Age of the figures
Age of the figures
21 mo
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
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 →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
2324
2023 to 2024 · latest year -€6,168
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 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 · 2 filings
Deviation from the deadline
2025
not confirmed
2024
55 d late
2023
65 d late
← 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 60 days after 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 (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

On 22 August 2023, AGL ELECTRO was incorporated 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
-€6,168
2023 · €9,766
Total assets
€537▼ 97.9%
2023 · €25,866
Net result
-€15,934
2023 · €4,766
Working capital
-€6,168
2023 · €9,766
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€6,718--€14,666
Net result€4,766--€15,934
Equity€9,766--€6,168
Total assets€25,866-€537▼ 97.9%
Debt€16,100-€6,705▼ 58.4%
Working capital€9,766--€6,168
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000Operating result 2023: €6,718€6,718Net result 2023: €4,766€4,766Operating result 2024: -€14,666-€14,666Net result 2024: -€15,934-€15,93420232024-€20,000-€10,000€0€10,000Operating result 2023: €6,718€6,720Net result 2023: €4,766€4,770Operating result 2024: -€14,666-€14,700Net result 2024: -€15,934-€15,90020232024
The operating result turns negative in 2024: a loss of €14,666 after €6,718 in 2023.
Key figures and ratios
2024 value · change against 2023
Debt ≤ 1 year
€6,705▼
2023 · €16,100
Staff costs
€1,476
Ratios withheld: a balance sheet total of €537 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,663 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.2% went bankrupt
5.4% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 8.0% 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 7,663 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€25,866€537▼
Current assets29/58€25,866€537▼
Amounts receivable within one year40/41€7,967€517▼
Trade receivables40€3,501-
Other amounts receivable41€4,466€517▼
Cash at bank and in hand54/58€16,072€21▼
Deferred charges and accrued income490/1€1,827-
Equity and liabilities
Total equity and liabilities10/49€25,866€537▼
Equity10/15€9,766-€6,168▼
Contributions10/11€5,000€5,000=
Reserves13€4,000€4,000=
Distributable reserves133€4,000€4,000=
Profit (loss) carried forward14€766-€15,168▼
Amounts payable17/49€16,100€6,705▼
Amounts payable within one year42/48€16,100€6,705▼
Trade debts44€6,516-
Suppliers440/4€6,516-
Taxes, remuneration and social security45€5,122€1,355▼
Taxes450/3€4,348€1,248▼
Remuneration and social security454/9€774€107▼
Other amounts payable47/48€4,462€5,350▲
Income statement Code20232024
Remuneration, social security and pensions62-€1,476
Other operating charges640/8€217€574▲
Non-recurring operating charges66A-€67
Gross operating margin9900€6,936-€12,549▼
Operating profit (loss)9901€6,718-€14,666▼
Financial charges65/66B€704€1,268▲
Recurring financial charges65€704€1,268▲
Profit (loss) for the period before taxes9903€6,014-€15,934▼
Income taxes67/77€1,248-
Profit (loss) for the period9904€4,766-€15,934▼
Profit (loss) for the period to be appropriated9905€4,766-€15,934▼
Appropriation of the result
Profit (loss) to be appropriated9906€4,766-€15,168▼
Profit (loss) brought forward from the previous period14P-€766
Transfer to equity691/2€4,000-
To other reserves6921€4,000-

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Remuneration, social security and pensions62-€1,476-
Other operating charges640/8€217€574▲ 164%
Non-recurring operating charges66A-€67-
Gross operating margin9900€6,936-€12,549▼ 281%
Operating profit (loss)9901€6,718-€14,666▼ 318%
Financial charges65/66B€704€1,268▲ 80.1%
Recurring financial charges65€704€1,268▲ 80.1%
Profit (loss) for the period before taxes9903€6,014-€15,934▼ 365%
Income taxes67/77€1,248--
Profit (loss) for the period9904€4,766-€15,934▼ 434%
Profit (loss) for the period to be appropriated9905€4,766-€15,934▼ 434%
Line20232024Change
Assets
Total assets20/58€25,866€537▼ 97.9%
Current assets29/58€25,866€537▼ 97.9%
Amounts receivable within one year40/41€7,967€517▼ 93.5%
Trade receivables40€3,501--
Other amounts receivable41€4,466€517▼ 88.4%
Cash at bank and in hand54/58€16,072€21▼ 99.9%
Deferred charges and accrued income490/1€1,827--
Equity and liabilities
Total equity and liabilities10/49€25,866€537▼ 97.9%
Equity10/15€9,766-€6,168▼ 163%
Contributions10/11€5,000€5,000=
Reserves13€4,000€4,000=
Distributable reserves133€4,000€4,000=
Profit (loss) carried forward14€766-€15,168▼ 2,080%
Amounts payable17/49€16,100€6,705▼ 58.4%
Amounts payable within one year42/48€16,100€6,705▼ 58.4%
Trade debts44€6,516--
Suppliers440/4€6,516--
Taxes, remuneration and social security45€5,122€1,355▼ 73.5%
Taxes450/3€4,348€1,248▼ 71.3%
Remuneration and social security454/9€774€107▼ 86.1%
Other amounts payable47/48€4,462€5,350▲ 19.9%
Line20232024Change
Profit (loss) for the period9904€4,766-€15,934▼ 434%
Operating cash flow (approximation)€4,766-€15,934▼ 434%
Change in cash--€16,052-

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
24-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 55 days late
2024
04-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
NBB filing
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, Asse · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
209 m²
Building footprint
101 m²
Volume, LiDAR
1,440 m³
Parcel 23095C0181/00R011, Flanders · tallest building 18.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
AGL ELECTRO
Nachtegaallaan 44/3, 1731 AsseGeneral construction of buildings
since 20232.348.506.986
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23095C0181/00R011 Flanders 209 m² 1 · 101 m² 18.0 m · 5 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 22,831 companies in sector 43211 we hold annual accounts for 10,329. 5,466 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
Founded22-08-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
41001General construction of residential buildings
Contact
E-mail agl-electro@hotmail.comAsse
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.

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Register as of 27 September 2026 · Peppol Directory

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