AGM CONSTRUCTION
ActiveSummary
AGM CONSTRUCTION has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €56,082 and a net result of €4,354. Equity is growing by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 42% of 28806 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
What they do
Other specialised construction activities
NACE 43990General construction of residential buildings NACE 41001General construction of buildings NACE 41201
#9 oldest company in Ferrières, Construction sector1 site
How big
€140,085total assets 2025
- Staff
- 2 FTE
- Equity
- €56,082
- Profit
- €4,354
Turnover not published (abridged schema)
Who decides
Accounts 48 d early1 of 6 deeds read
Why 72- Higher-failure-rate sector- Higher-failure-rate region+ Long track record+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability73▲+3
Solvency65=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 1.73 against 1.54 in 2024; short-term debt: 44.5% and cash: 64.3% of total assets), but 60% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 · 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
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
40%
Return on assets
3.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-06-2026, 48 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
48 d early
2024
45 d early
2023
46 d early
2022
51 d early
2021
29 d early
2020
45 d early
2019
31 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 42 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 16 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Registered officeRegistered office clause · Registered-office…
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
Financials
Fiscal year 2025Total assets €140,085Profit €4,354Solvency 40.0%Liquidity 1.73
Turnover
€0
2020 - 2024
Net result
€4,354▲ 105%
2018 - 2025
Equity
€56,082▼ 8.3%
2018 - 2025
Staff (FTE)
2=
2019 - 2025
Financials · fiscal year 2025, micro schema
In the rankings
#9 oldest company in Ferrières, Construction sector
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€0
Operating result€33,525▲ 125%€4,993▼ 85.1%€5,343▲ 7.0%€6,567▲ 22.9%€10,066▲ 53.3%
Net result€21,113within the sector's middle half▲ 123%€916within the sector's middle half▼ 95.7%€991within the sector's middle half▲ 8.2%€2,128within the sector's middle half▲ 115%€4,354within the sector's middle half▲ 105%
Equity€69,144within the sector's middle half▲ 44.0%€70,060within the sector's middle half▲ 1.3%€71,051within the sector's middle half▲ 1.4%€61,179within the sector's middle half▼ 13.9%€56,082within the sector's middle half▼ 8.3%
Total assets€154,436within the sector's middle half▲ 24.2%€116,349within the sector's middle half▼ 24.7%€109,147within the sector's middle half▼ 6.2%€153,419within the sector's middle half▲ 40.6%€140,085within the sector's middle half▼ 8.7%
Debt€85,292▲ 11.8%€46,289▼ 45.7%€38,095▼ 17.7%€92,240▲ 142%€84,003▼ 8.9%
Working capital€52,472within the sector's middle half▲ 33.2%€56,317within the sector's middle half▲ 7.3%€57,086within the sector's middle half▲ 1.4%€48,754within the sector's middle half▼ 14.6%€45,625within the sector's middle half▼ 6.4%
Solvency44.8%within the sector's middle half▲ 6.1pp60.2%within the sector's middle half▲ 15.4pp65.1%within the sector's middle half▲ 4.9pp39.9%within the sector's middle half▼ 25.2pp40.0%within the sector's middle half▲ 0.2pp
Current ratio1.88within the sector's middle half▲ 0.362.91within the sector's middle half▲ 1.042.99within the sector's middle half▲ 0.081.54within the sector's middle half▼ 1.451.73within the sector's middle half▲ 0.19
Return on assets (ROA)13.7%within the sector's middle half▲ 6.1pp0.8%within the sector's middle half▼ 12.9pp0.9%within the sector's middle half▲ 0.1pp1.4%within the sector's middle half▲ 0.5pp3.1%within the sector's middle half▲ 1.7pp
Staff (FTE)2=2=2=2=2=
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 and balance sheet
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 53% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €140,085
Fixed assets
€32,145 ▲ 125%
Current assets
€107,939 ▼ 22.4%
Equity and liabilities €140,085
Equity
€56,082 ▼ 8.3%
Debt
€84,003 ▼ 8.9%
Debt's share of the balance-sheet total falls from 60.1% to 60.0%. Equity and debt are lower.
Key figures and ratios
Key figures and ratios
EBITDA
€20,266▲
2024 · €16,034
Cash flow
€14,554▲
2024 · €11,595
Quick ratio
1.72▲
2024 · 1.37
Debt to equity
1.50▼
2024 · 1.51
ROE
7.8%▲
2024 · 3.5%
Interest coverage
51.53▲
2024 · 48.65
Debt ≤ 1 year
€62,314▼
2024 · €90,350
Debt > 1 year
€21,689▲
2024 · €1,890
Income taxes
€5,434▲
2024 · €4,240
Staff costs
€98,550▲
2024 · €85,185
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.7%
went bankrupt
4.0%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 10,905 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.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €0 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €283,030 | - | - | €0 | - | - |
| Remuneration, social security and pensions62 | €62,846 | €72,010 | €77,423 | €85,185 | €98,550 | ▲ 15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,594 | €9,797 | €9,842 | €9,467 | €10,200 | ▲ 7.8% |
| Other operating charges640/8 | €4,176 | €1,768 | €1,028 | €1,846 | €1,627 | ▼ 11.9% |
| Gross operating margin9900 | €110,140 | €88,568 | €93,636 | €103,064 | €120,443 | ▲ 16.9% |
| Operating profit (loss)9901 | €33,525 | €4,993 | €5,343 | €6,567 | €10,066 | ▲ 53.3% |
| Financial income75/76B | €113 | €96 | €50 | €130 | €116 | ▼ 11.0% |
| Recurring financial income75 | €113 | €96 | €50 | €130 | €116 | ▼ 11.0% |
| Financial charges65/66B | €726 | €693 | €1,003 | €330 | €393 | ▲ 19.4% |
| Recurring financial charges65 | €726 | €693 | €1,003 | €330 | €393 | ▲ 19.4% |
| Profit (loss) for the period before taxes9903 | €32,912 | €4,395 | €4,391 | €6,367 | €9,788 | ▲ 53.7% |
| Income taxes67/77 | €11,799 | €3,479 | €3,400 | €4,240 | €5,434 | ▲ 28.2% |
| Profit (loss) for the period9904 | €21,113 | €916 | €991 | €2,128 | €4,354 | ▲ 105% |
| Profit (loss) for the period to be appropriated9905 | €21,113 | €916 | €991 | €2,128 | €4,354 | ▲ 105% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €154,436 | €116,349 | €109,147 | €153,419 | €140,085 | ▼ 8.7% |
| Formation expenses20 | €0 | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €42,040 | €30,599 | €23,372 | €14,315 | €32,145 | ▲ 125% |
| Tangible fixed assets22/27 | €42,040 | €30,599 | €23,372 | €14,315 | €32,145 | ▲ 125% |
| Plant, machinery and equipment23 | €1,836 | €1,811 | €3,025 | €2,259 | €1,494 | ▼ 33.9% |
| Furniture and vehicles24 | €40,204 | €28,788 | €20,347 | €12,056 | €30,651 | ▲ 154% |
| Current assets29/58 | €112,397 | €85,749 | €85,775 | €139,104 | €107,939 | ▼ 22.4% |
| Stocks and contracts in progress3 | €884 | €1,500 | €6,104 | €15,627 | €1,040 | ▼ 93.3% |
| Stocks30/36 | €884 | €500 | €977 | €1,881 | €1,040 | ▼ 44.7% |
| Contracts in progress37 | €0 | €1,000 | €5,127 | €13,746 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €14,885 | €39,335 | €41,866 | €13,710 | €13,034 | ▼ 4.9% |
| Trade receivables40 | €3,622 | €28,804 | €32,760 | €4,546 | €139 | ▼ 96.9% |
| Other amounts receivable41 | €11,263 | €10,531 | €9,106 | €9,164 | €12,895 | ▲ 40.7% |
| Cash at bank and in hand54/58 | €92,814 | €35,262 | €27,840 | €106,168 | €90,045 | ▼ 15.2% |
| Deferred charges and accrued income490/1 | €3,813 | €9,652 | €9,966 | €3,599 | €3,820 | ▲ 6.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €154,436 | €116,349 | €109,147 | €153,419 | €140,085 | ▼ 8.7% |
| Equity10/15 | €69,144 | €70,060 | €71,051 | €61,179 | €56,082 | ▼ 8.3% |
| Contributions10/11 | €9,200 | €9,200 | €9,200 | €9,200 | €9,200 | = |
| Reserves13 | €50,424 | €50,424 | €50,424 | €38,424 | €33,326 | ▼ 13.3% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €0 | - | - | - |
| Tax-exempt reserves132 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Distributable reserves133 | €43,564 | €43,564 | €45,424 | €33,424 | €28,326 | ▼ 15.3% |
| Profit (loss) carried forward14 | €9,520 | €10,436 | €11,427 | €13,555 | €13,555 | = |
| Amounts payable17/49 | €85,292 | €46,289 | €38,095 | €92,240 | €84,003 | ▼ 8.9% |
| Amounts payable after more than one year17 | €25,367 | €16,856 | €9,407 | €1,890 | €21,689 | ▲ 1,048% |
| Financial debts170/4 | €25,367 | €16,856 | €9,407 | €1,890 | €21,689 | ▲ 1,048% |
| Amounts payable within one year42/48 | €59,925 | €29,433 | €28,689 | €90,350 | €62,314 | ▼ 31.0% |
| Current portion of amounts payable after more than one year42 | €9,924 | €7,383 | €7,449 | €7,517 | €6,801 | ▼ 9.5% |
| Trade debts44 | €40,279 | €8,392 | €19,166 | €44,357 | €25,335 | ▼ 42.9% |
| Suppliers440/4 | €40,279 | €8,392 | €19,166 | €44,357 | €25,335 | ▼ 42.9% |
| Taxes, remuneration and social security45 | €8,598 | €11,955 | €374 | €25,307 | €19,928 | ▼ 21.3% |
| Taxes450/3 | €8,598 | €11,955 | €374 | €25,307 | €19,928 | ▼ 21.3% |
| Other amounts payable47/48 | €1,124 | €1,702 | €1,699 | €13,169 | €10,251 | ▼ 22.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,113 | €916 | €991 | €2,128 | €4,354 | ▲ 105% |
| + Depreciation and write-downs630 | €9,594 | €9,797 | €9,842 | €9,467 | €10,200 | ▲ 7.8% |
| Operating cash flow (approximation) | €30,706 | €10,713 | €10,833 | €11,595 | €14,554 | ▲ 25.5% |
| Investment in fixed assets (approximation) | - | €1,644 | -€2,614 | -€410 | -€28,030 | ▼ 6,737% |
| Change in cash | - | -€57,552 | -€7,422 | €78,328 | -€16,123 | ▼ 121% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
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Thibault Legrand
BE 0761.594.906
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POWER BAT
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SANI HELP
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Of 15,518 companies in this sector we hold annual accounts for 7,427. 6,164 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
13 eventsLatest 08-07-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-07
State Gazette act
Registered officeRegistered office clause · Registered-office move · Director in office4 facts ▸
State Gazette act
Registered office
Registered office clause · Registered-office move · Director in office4 facts ▸
- Registered office clause, Rue Sauvenière 19 4590 Ouffet
- General meeting, 01-06-2026
- Registered-office move, Rue du Burnontige 6 à 4190 Ferrières
- Director in office, Michel DE FIZE (director)
13-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €916 ▼95.7%
Net result drops to €916, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €21,113 ▲123%
Operating result €33,525, net result €21,113, both a record.
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 20-03-2007Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded20-03-2007
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43990Other specialised construction activities
43221Plumbing work
43320Joinery installation
43331Floor and wall tiling
43410Roofing work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0888078649
Registered
10-10-2025
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.
Sites & property
Location & real-estate footprint
Registered office, Ferrières · 1 establishment unit since 2007
Ground area
1,723 m²
Building footprint
287 m²
Volume, LiDAR
1,455 m³
2 parcels, Wallonia · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
AGM Construction
since 2007unit no. 2.160.903.642
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61019C0457/00C000 | Wallonia | 1,569 m² | 1 · 177 m² | 6.1 m · 2 fl. |
| 61059B0166/00L000 | Wallonia | 153 m² | 1 · 111 m² | 7.8 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.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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