AGM CONCEPT
ActiveSummary
For AGM CONCEPT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €56,686 and a net result of €11,193. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 74% of 24612 sector peers (fiscal year 2023). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability83▲+66
Solvency85▲+11
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2023Solvency, return and age of the figures
Solvency
59.7%
Return on assets
11.8%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline01-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-08-2024, 31 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
31 d late
2022
29 d late
2021
31 d late
2020
31 d late
2019
101 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 45 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Equity
€56,686▲ 24.6%
2022 · €45,492
Total assets
€94,923▲ 2.4%
2022 · €92,702
Net result
€11,193
2022 · -€12,435
Working capital
€23,160▲ 123%
2022 · €10,389
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€507-€120▼ 76.3%€9,863▲ 8,108%-€11,042€11,592
Net result€104--€2,079below the sector's middle half€9,941within the sector's middle half-€12,435below the sector's middle half€11,193within the sector's middle half
Equity€50,065-€47,986within the sector's middle half▼ 4.2%€57,927within the sector's middle half▲ 20.7%€45,492within the sector's middle half▼ 21.5%€56,686within the sector's middle half▲ 24.6%
Total assets€71,709-€58,287below the sector's middle half▼ 18.7%€85,459within the sector's middle half▲ 46.6%€92,702within the sector's middle half▲ 8.5%€94,923within the sector's middle half▲ 2.4%
Debt€21,644-€10,301▼ 52.4%€27,532▲ 167%€47,210▲ 71.5%€38,237▼ 19.0%
Working capital€30,866-€22,476within the sector's middle half▼ 27.2%€25,636within the sector's middle half▲ 14.1%€10,389within the sector's middle half▼ 59.5%€23,160within the sector's middle half▲ 123%
Solvency69.8%-82.3%above the sector's middle half▲ 12.5pp67.8%above the sector's middle half▼ 14.5pp49.1%within the sector's middle half▼ 18.7pp59.7%within the sector's middle half▲ 10.6pp
Current ratio3.31-4.45above the sector's middle half▲ 1.142.93above the sector's middle half▼ 1.521.73within the sector's middle half▼ 1.192.36within the sector's middle half▲ 0.63
Return on assets (ROA)0.1%--3.6%below the sector's middle half▼ 3.7pp11.6%within the sector's middle half▲ 15.2pp-13.4%below the sector's middle half▼ 25.0pp11.8%above the sector's middle half▲ 25.2pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, 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 returns to profit in 2023: €11,592 after a loss of €11,042 in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €94,923
Fixed assets
€54,743 ▼ 19.7%
Current assets
€40,179 ▲ 63.8%
Equity and liabilities €94,923
Equity
€56,686 ▲ 24.6%
Debt
€38,237 ▼ 19.0%
Debt's share of the balance-sheet total falls from 50.9% to 40.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€25,022▲
2022 · €2,358
Cash flow
€24,623▲
2022 · €966
Debt to equity
0.67▼
2022 · 1.04
ROE
19.7%▲
2022 · -27.3%
Interest coverage
29.86▲
2022 · 1.86
Debt ≤ 1 year
€17,020▲
2022 · €14,141
Debt > 1 year
€21,217▼
2022 · €33,069
Staff costs
€134▼
2022 · €330
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €415 | - | - |
| Remuneration, social security and pensions62 | - | - | €84 | €330 | €134 | ▼ 59.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,866 | €8,037 | €9,740 | €13,400 | €13,430 | ▲ 0.2% |
| Other operating charges640/8 | - | - | €709 | €957 | €1,273 | ▲ 33.0% |
| Gross operating margin9900 | €9,424 | €9,928 | €20,396 | €3,645 | €26,429 | ▲ 625% |
| Operating profit (loss)9901 | €507 | €120 | €9,863 | -€11,042 | €11,592 | ▲ 205% |
| Financial income75/76B | - | - | €538 | - | €439 | - |
| Recurring financial income75 | - | €139 | €538 | - | €439 | - |
| Financial charges65/66B | - | - | €460 | €1,267 | €838 | ▼ 33.9% |
| Recurring financial charges65 | €403 | €1,196 | €460 | €1,267 | €838 | ▼ 33.9% |
| Profit (loss) for the period before taxes9903 | €104 | -€937 | €9,941 | -€12,310 | €11,193 | ▲ 191% |
| Income taxes67/77 | - | €1,143 | - | €125 | - | - |
| Profit (loss) for the period9904 | €104 | -€2,079 | €9,941 | -€12,435 | €11,193 | ▲ 190% |
| Profit (loss) for the period to be appropriated9905 | €104 | -€2,079 | €9,941 | -€12,435 | €11,193 | ▲ 190% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €71,709 | €58,287 | €85,459 | €92,702 | €94,923 | ▲ 2.4% |
| Fixed assets21/28 | €27,457 | €29,292 | €46,506 | €68,173 | €54,743 | ▼ 19.7% |
| Tangible fixed assets22/27 | €27,457 | €29,292 | €46,506 | €68,173 | €54,743 | ▼ 19.7% |
| Plant, machinery and equipment23 | - | - | €34,283 | €30,943 | €24,882 | ▼ 19.6% |
| Furniture and vehicles24 | - | - | €3,181 | €28,495 | €21,434 | ▼ 24.8% |
| Other tangible fixed assets26 | - | - | €1,535 | €1,228 | €921 | ▼ 25.0% |
| Assets under construction and advance payments27 | - | - | €7,507 | €7,507 | €7,507 | = |
| Current assets29/58 | €44,251 | €28,995 | €38,953 | €24,529 | €40,179 | ▲ 63.8% |
| Amounts receivable within one year40/41 | €7,759 | €7,389 | €13,780 | €5,959 | €19,085 | ▲ 220% |
| Trade receivables40 | - | - | €5,970 | €3,010 | €5,420 | ▲ 80.1% |
| Other amounts receivable41 | - | - | €7,811 | €2,949 | €13,666 | ▲ 363% |
| Cash at bank and in hand54/58 | €36,492 | €21,606 | €24,424 | €18,571 | €21,094 | ▲ 13.6% |
| Deferred charges and accrued income490/1 | - | - | €749 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €71,709 | €58,287 | €85,459 | €92,702 | €94,923 | ▲ 2.4% |
| Equity10/15 | €50,065 | €47,986 | €57,927 | €45,492 | €56,686 | ▲ 24.6% |
| Contributions10/11 | €62,000 | - | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Non-distributable reserves130/1 | - | - | €6,200 | €6,200 | €6,200 | = |
| Reserves not available under the articles1311 | - | - | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€18,135 | -€20,214 | -€10,273 | -€22,708 | -€11,514 | ▲ 49.3% |
| Amounts payable17/49 | €21,644 | €10,301 | €27,532 | €47,210 | €38,237 | ▼ 19.0% |
| Amounts payable after more than one year17 | €8,259 | €3,782 | €14,215 | €33,069 | €21,217 | ▼ 35.8% |
| Financial debts170/4 | - | - | €14,215 | €33,069 | €21,217 | ▼ 35.8% |
| Amounts payable within one year42/48 | €13,385 | €6,519 | €13,317 | €14,141 | €17,020 | ▲ 20.4% |
| Current portion of amounts payable after more than one year42 | - | - | €8,322 | €11,636 | €11,843 | ▲ 1.8% |
| Trade debts44 | €14 | €1,706 | €2,995 | €1,230 | €1,264 | ▲ 2.7% |
| Suppliers440/4 | - | - | €2,995 | €1,230 | €1,264 | ▲ 2.7% |
| Taxes, remuneration and social security45 | - | - | €2,000 | €1,274 | €3,913 | ▲ 207% |
| Taxes450/3 | - | - | - | €1,274 | €3,913 | ▲ 207% |
| Remuneration and social security454/9 | - | - | €2,000 | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €104 | -€2,079 | €9,941 | -€12,435 | €11,193 | ▲ 190% |
| + Depreciation and write-downs630 | €7,866 | €8,037 | €9,740 | €13,400 | €13,430 | ▲ 0.2% |
| Operating cash flow (approximation) | €7,970 | €5,957 | €19,681 | €966 | €24,623 | ▲ 2,450% |
| Investment in fixed assets (approximation) | - | -€9,871 | -€26,954 | -€35,067 | €0 | ▲ 100% |
| Change in cash | - | -€14,887 | €2,818 | -€5,853 | €2,523 | ▲ 143% |
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
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Back to profitnet €11,193
Net result €11,193 after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Weakest financial yearnet -€12,435
Net result drops to -€12,435, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €9,941
Net result €9,941 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2018
16-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 77 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
2016
03-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 64 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 61 days late
2013
28-12
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 150 days late
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
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sivry-Rance · 1 establishment unit since 1999
Ground area
1,391 m²
Building footprint
249 m²
Volume, LiDAR
2,129 m³
Parcel 56070G0577/00E000, Wallonia · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Le Relz 1, 6470 Sivry-Rance
since 19992.090.445.812
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56070G0577/00E000 | Wallonia | 1,391 m² | 1 · 249 m² | 11.3 m · 3 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.
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Of 2,440 companies in this sector we hold annual accounts for 779. 574 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded15-02-1999
Fiscal year end31-12
Activities, NACEBEL 2025
47820Retail sale of motor vehicle parts and accessories
33110Repair and maintenance of fabricated metal products
E-invoicing
Reachable via Peppol
Peppol ID
0208:0465432328
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.