AGM SERVICE
ActiveThe computed 12-month bankruptcy probability of AGM SERVICE is 1.5% (moderate). The 2025 annual accounts show negative equity (€-92k) and a net result of €-26k. Equity is shrinking by ~28.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 27711 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
32
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability9▼-18
Solvency0▼-12
Growth32=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.79 against 1.63 in 2024; short-term debt: 126.6% and cash: 32.8% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+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
Sector 43
higher
← 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 2025Solvency, return and age of the figures
Solvency
-39.9%
Return on assets
-11.3%
Age of the figures
12 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
18192022232425
2018 to 2025 · latest year €-92k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
30 d early
2024
on the day
2023
36 d early
2022
152 d early
2021
8 d early
2020
159 d early
2019
162 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-92k▼ 39.6%
2024 · €-66k
2018: €85k
2019: €111k
2020: €131k
2022: €213k
2023: €-67k
2024: €-66k
2018 → 2025
Total assets
€232k▼ 55.1%
2024 · €516k
2018: €771k
2019: €1.02M
2020: €1.13M
2022: €1.28M
2023: €948k
2024: €516k
2018 → 2025
Net result
€-26k
2024 · €542
2018: €13k
2019: €25k
2020: €21k
2022: €23k
2023: €-280k
2024: €542
2018 → 2025
Working capital
€-62k
2024 · €197k
2018: €-234k
2019: €311k
2020: €516k
2022: €523k
2023: €238k
2024: €197k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Equity€131k-€213k▲ 62.2%€-67k€-66k▲ 0.8%€-92k▼ 39.6%
Operating result€54k-€55k▲ 1.9%€-254k€39k€-6k
Net result€21k-€23k▲ 10.4%€-280k€542€-26k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €6k after €39k in 2024.
Key figures and ratios
Solvency
-39.9%▼
2024 · -12.8%
Current ratio
0.79▼
2024 · 1.63
Quick ratio
0.79▲
2024 · 0.50
Debt / equity
-3.51▲
2024 · -8.80
ROA
-11.3%▼
2024 · 0.1%
Debt
€324k▼
2024 · €582k
Debt ≤ 1 year
€293k▼
2024 · €314k
Debt > 1 year
€31k▼
2024 · €269k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€516k€232k▼
Fixed assets21/28€6k€0▼
Tangible fixed assets22/27€6k€0▼
Plant, machinery and equipment23€2k€0▼
Furniture and vehicles24€4k€0▼
Current assets29/58€510k€232k▼
Stocks and contracts in progress3€354k-
Stocks30/36€354k-
Amounts receivable within one year40/41€156k€156k▼
Trade receivables40€153k€153k▲
Other amounts receivable41€4k€2k▼
Cash at bank and in hand54/58-€76k
Equity and liabilities
Total equity and liabilities10/49€516k€232k▼
Equity10/15€-66k€-92k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-87k€-114k▼
Amounts payable17/49€582k€324k▼
Amounts payable after more than one year17€269k€31k▼
Financial debts170/4€269k€31k▼
Amounts payable within one year42/48€314k€293k▼
Current portion of amounts payable after more than one year42€133k€101k▼
Financial debts43€38k-
Credit institutions430/8€38k-
Trade debts44€20k€20k▼
Suppliers440/4€20k€20k▼
Advances received on contracts in progress46-€3k
Other amounts payable47/48€123k€170k▲
Income statement
Code20242025
Non-recurring operating income76A€250k€52k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€192k-
Other operating charges640/8€6k€7k▲
Non-recurring operating charges66A€18k-
Gross operating margin9900€259k€945▼
Operating profit (loss)9901€39k€-6k▼
Financial income75/76B€7k-
Recurring financial income75€7k-
Financial charges65/66B€45k€20k▼
Recurring financial charges65€45k€20k▼
Profit (loss) for the period before taxes9903€542€-26k▼
Profit (loss) for the period9904€542€-26k▼
Profit (loss) for the period to be appropriated9905€542€-26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-87k€-114k▼
Profit (loss) brought forward from the previous period14P€-88k€-87k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Back to profitnet €542
Net result €542 after one loss-making year.
25-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Weakest financial yearnet €-280k ▼1323%
Net result drops to €-280k, the lowest in the series; recovery starts the following year.
2022
29-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-09
Financial
Equity above €200kEq €213k ▲62.2%
4 profitable years in a row build equity to €213k.
22-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
22-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
20-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
30-09
Financial
Highest result since 2018net €25k ▲99.1%
Operating result €62k, net result €25k, both a record.
30-09
Financial
Liquidity triplescurrent ratio 2.03
Current ratio from 0.61 to 2.03; short-term debt falls from €601k to €302k.
30-09
Financial
Equity above €100kEq €111k ▲29.4%
2 profitable years in a row build equity to €111k.
02-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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, Zwevegem · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avelgemstraat(Z) 48550 ZwevegemGround area
366 m²
Building footprint
242 m²
Volume, LiDAR
1,719 m³
Parcel 34042D0282/00F000, Flanders · tallest building 13.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AGM SERVICE S-BVBA
since 20162.249.852.246
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34042D0282/00F000 | Flanders | 366 m² | 1 · 242 m² | 13.3 m · 2 fl. |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
OD-Tech
BE 0805.873.624
Mouscron · Eq €215k
B-CONSTRUCT
BE 0822.284.341
Lokeren · Eq €209k
PESANT RONNY
BE 0666.524.909
Evergem · Eq €208k
Hubaille
BE 0672.760.623
Dinant · Eq €206k
AVISLUX
BE 0884.902.987
Marche-en-Famenne · Eq €221k
Of 1,123 companies in sector 43212 we hold annual accounts for 420. 327 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-01-2016
Fiscal year end30-09
Activities, NACEBEL
43212Electrical installation work in industrial facilities
43211General electrical installation work
43320Joinery installation
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.