Active BE 0681.966.418Private limited company

AGL Services

Thier Monty 2 ·4570 Marchin, Belgium· 8 yrs active

Sector: Business and other management consultancy (70200)

Conclusion Checked

AGL Services has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €253k and a net result of €-31k. Equity is growing by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 47% of 37979 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Based on the State Gazette, CBE and 5 annual accounts.

Key figures

Equity	€253k
Net result	€-31k
Better than sector	47%
Active	8 yrs

Financial profile 5 of 5 axes measured · computed by Checked

59 / 100

Mixed profile: strong on stability, weaker on profitability.

All 5 axes are computed from data Checked has read.

Health 52

Profitability 0

Solvency 90

Growth 52

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.3% Very low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2017, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2024 · computed

52 / 100 Fair

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

€13k

estimate, not credit advice

Score history

85 2020

93 2021

100 2022

86 2023

52 2024

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 1.69 (≥ 1.5) +10

Quick ratio Quick ratio 1.69 (≥ 1.0) +5

Leverage Debt/equity 0.82 (< 1.0) +10

Profitability Negatieve ROE -12% -10

Interest coverage Interest coverage -1.2× (< 1.5×) -10

Profit trend Net profit down YoY -3

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview7 NBB filings

Annual accounts filed on 23-07-2025 with the NBB · fiscal year 2024 · micro schema

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~7.5%/year over 5 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 70, Activities of head offices; management consultancy activities · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	55.1%	58.2%	better than 47% of 37979 sector peers
Net result	€-31k	€26k	better than 5% of 37999 sector peers
Equity	€253k	€90k	better than 76% of 38022 sector peers
Gross operating margin	€5k	€52k	better than 17% of 37949 sector peers
Total assets	€459k	€189k	better than 74% of 37989 sector peers

EBITDA

€-3k

- 20-24

Net profit

€-31k

- 20-24

Cash flow

€-776

- 20-24

Total assets

€459k

+23.8% 20-24

Equity

€253k

-11.1% 20-24

Working capital

€51k

-75.1% 20-24

Income taxes

€0

-100.0% 20-24

Dividends

€0

-100.0% 20-24

Debt

€206k

+138.1% 20-24

Debt ≤ 1y

€75k

-9.3% 20-24

Debt > 1y

€131k

+3055.9% 20-24

Current ratio

1.69

-51.8% 20-24

Quick ratio

1.69

-51.8% 20-24

Solvency

55.1%

-28.1% 20-24

Debt / equity

0.82

+167.7% 20-24

ROE

-12.4%

- 20-24

ROA

-6.8%

- 20-24

Interest coverage

-1.18

- 20-24

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2024	2023	2022	2021	2020
Deposit	micro schema	micro schema	micro schema	micro schema	micro schema
Revenue	-	-	-	-	-
EBITDA	€-3k	€33k	€163k	€123k	€90k
Net profit	€-31k	€8k	€103k	€83k	€166k
Cash flow	€-776	€27k	€122k	€99k	€178k
Staff costs	-	-	-	-	-
Income taxes	€0	€6k	€40k	€22k	€15k
Dividends	-	€0	€75k	€21k	-
Total assets	€459k	€371k	€416k	€368k	€239k
Equity	€253k	€284k	€277k	€248k	€174k
Debt	€206k	€87k	€140k	€120k	€65k
of which ≤ 1y	€75k	€82k	€121k	€79k	€43k
of which > 1y	€131k	€4k	€18k	€40k	€22k
Working capital	€51k	€206k	€244k	€220k	€158k
Employees (FTE)	-	-	-	-	-

Ratios (computed)

	2024	2023	2022	2021	2020
Current ratio	1.69	3.50	3.01	3.78	4.66
Quick ratio	1.69	3.50	3.01	3.78	4.66
Working capital ratio	11.2%	55.5%	58.6%	59.9%	66.1%
Solvency	55.1%	76.7%	66.4%	67.5%	72.7%
Debt / equity	0.82	0.30	0.51	0.48	0.13
Long-term debt ratio	0.52	0.01	0.07	0.16	0.13
Interest coverage	-1.18	61.67	187.36	106.48	-
Gross margin	-	-	-	-	-
Net margin	-	-	-	-	-
ROA	-6.8%	2.1%	24.8%	22.5%	69.3%
ROE	-12.4%	2.8%	37.4%	33.4%	95.4%
EBITDA margin	-	-	-	-	-
Days sales outstanding	-	-	-	-	-
Days payable outstanding	-	-	-	-	-
Inventory turnover	-	-	-	-	-
Days inventory (DSI)	-	-	-	-	-

Balance-sheet composition 2024

Assets

Fixed assets €333k · 72.5% Current assets €126k · 27.5%

Equity & liabilities

Equity €253k · 55.1% Debt €206k · 44.9%

Full annual accounts (25 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024	2023	2022	2021	2020
Balance sheet, Assets
TOTAL ASSETS	20/58	€459k	€371k	€416k	€368k	€239k
Fixed assets	21/28	€333k	€83k	€51k	€68k	€38k
Formation expenses	20	-	-	-	€171	€400
Tangible fixed assets	22/27	€333k	€83k	€51k	€68k	€38k
Current assets	29/58	€126k	€288k	€366k	€300k	€201k
Amounts receivable within one year	40/41	€11k	€9k	€25k	€131k	€75k
Investments	50/53	€0	€250k	-	-	-
Cash & bank	54/58	€113k	€27k	€340k	€168k	€126k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€459k	€371k	€416k	€368k	€239k
Equity	10/15	€253k	€284k	€277k	€248k	€174k
Contributions / capital	10/11	€20k	€20k	€19k	€19k	-
Reserves	13	-	€0	€2k	€2k	€2k
Accumulated profits (losses)	14	€233k	€264k	€256k	€228k	€166k
Amounts payable	17/49	€206k	€87k	€140k	€120k	€65k
Amounts payable after one year	17	€131k	€4k	€18k	€40k	€22k
Amounts payable within one year	42/48	€75k	€82k	€121k	€79k	€43k
Trade debts payable within one year	44	€7	€3k	€4k	€2k	€2k
Income statement
Gross operating margin	9900	€5k	€34k	€164k	€126k	€91k
Operating result	9901	€-33k	€14k	€145k	€106k	€78k
Financial income	75	€4k	€601	-	-	€466
Financial charges	65	€2k	€537	€872	€1k	€708
Result before taxes	9903	€-31k	€14k	€144k	€105k	€78k
Income taxes	67/77	€0	€6k	€40k	€22k	€15k
Net result for the period	9904	€-31k	€8k	€103k	€83k	€63k
Result to be appropriated	9905	€-31k	€8k	€103k	€83k	€63k

Directors & mandates 1 directors

Current directors & mandates

JOACHIM Laetitia
Director
State Gazette act 23449122 (07-12-2023)

Current
07-12-2023 → present

Legal Structure

NACE primary	Business and other management consultancy(70200)
Legal form	Private limited company(610)
Incorporation	02-10-2017
Status	Active
Postal code	4570

Establishment units 1 location

AGL Services

Thier Monty 2, 4570 MarchinManufacture of fabricated metal products, except machinery and equipment

since 20172.268.519.402

Real-estate footprint Source: CBE × cadastre

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
61039B0496/00L003	Wallonia	1,169 m²	1 · 125 m²	8.4 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 8 events

All 10Financial 2Gazette 1Filings 7

2025

23-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €-31k ▼500%

Net result drops to €-31k, the lowest in the series.

22-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

07-12

State Gazette act Director changes

Renaud GREGOIRE

20-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

05-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Equity above €200kEq €248k ▲42.6%

2 profitable years in a row build equity to €248k.

26-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 26 days late

2020

06-10

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 67 days late

2019

16-09

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 47 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 2 acts read

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.

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 2 years ago

2023

07-12-2023 3 directors appointed, 1 reappointed Director changes·Renaud GREGOIRE

JOACHIM Laetitia, Bestuurder
GIROUL Andy, Bestuurder
GIROUL Andy, Bestuurder
GIROUL Andy, Bestuurder

Notary: Renaud GREGOIRE · WanzeFirm: Etude GREGOIRE, notaires associés

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Business and other management consultancy70200Business consulting70220General electrical installation work43211Electrical installation work in industrial facilities43212Joinery installation43320

Names & trade names

Legal nameFR

AGL Services

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