AGP IMMO
ActiveSummary
AGP IMMO has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54,124 and a net result of €13,080. Equity is growing by ~14.2% per year across the filed fiscal years. Its solvency ranks better than 74% of 14220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability88▼-1
Solvency88▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 3.59 against 4.84 in 2024; short-term debt: 25% and cash: 28.4% of total assets), and 37% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer 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
63%
Return on assets
15.2%
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
18 d late
2023
54 d early
2022
7 d late
2021
17 d late
2020
10 d late
2019
25 d late
← 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 1 day before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€54,124▲ 4.4%
2024 · €51,844
Total assets
€85,849▲ 11.0%
2024 · €77,334
Net result
€13,080▲ 2.0%
2024 · €12,824
Working capital
€55,505▲ 4.1%
2024 · €53,340
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€11,738▼ 19.3%€2,610▼ 77.8%€40,194▲ 1,440%€17,979▼ 55.3%€13,611▼ 24.3%
Net result€7,661within the sector's middle half▼ 45.8%€1,307within the sector's middle half▼ 82.9%€33,291above the sector's middle half▲ 2,447%€12,824within the sector's middle half▼ 61.5%€13,080within the sector's middle half▲ 2.0%
Equity€36,022within the sector's middle half▲ 27.0%€37,329within the sector's middle half▲ 3.6%€49,820within the sector's middle half▲ 33.5%€51,844within the sector's middle half▲ 4.1%€54,124within the sector's middle half▲ 4.4%
Total assets€51,088below the sector's middle half▲ 6.8%€47,616below the sector's middle half▼ 6.8%€87,041below the sector's middle half▲ 82.8%€77,334below the sector's middle half▼ 11.2%€85,849below the sector's middle half▲ 11.0%
Debt€15,066▼ 22.7%€10,287▼ 31.7%€37,221▲ 262%€25,490▼ 31.5%€31,725▲ 24.5%
Working capital€41,585▼ 1.6%€39,047▼ 6.1%€51,431▲ 31.7%€53,340▲ 3.7%€55,505▲ 4.1%
Solvency70.5%above the sector's middle half▲ 11.2pp78.4%above the sector's middle half▲ 7.9pp57.2%within the sector's middle half▼ 21.2pp67.0%above the sector's middle half▲ 9.8pp63.0%within the sector's middle half▼ 4.0pp
Staff (FTE)11.1▲ 10.0%1.2▲ 9.1%1▼ 16.7%
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate 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 per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 24% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €85,849
Fixed assets
€8,878 ▼ 12.3%
Current assets
€76,972 ▲ 14.5%
Equity and liabilities €85,849
Equity
€54,124 ▲ 4.4%
Debt
€31,725 ▲ 24.5%
Debt's share of the balance-sheet total rises from 33.0% to 37.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€14,851▼
2024 · €19,219
Cash flow
€14,320▲
2024 · €14,064
Current ratio
3.59▼
2024 · 4.84
Debt to equity
0.59▲
2024 · 0.49
ROE
24.2%▼
2024 · 24.7%
ROA
15.2%▼
2024 · 16.6%
Interest coverage
39.96▼
2024 · 46.13
Debt ≤ 1 year
€21,466▲
2024 · €13,876
Debt > 1 year
€10,259▼
2024 · €11,613
Income taxes
€1,888▼
2024 · €5,320
Staff costs
€18,110▼
2024 · €18,910
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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%.
| 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 31,324 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €2,367 | €8,691 | €18,104 | €18,910 | €18,110 | ▼ 4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,326 | €1,023 | €2,263 | €1,240 | €1,240 | = |
| Other operating charges640/8 | €1,663 | €756 | €552 | €480 | €1,188 | ▲ 148% |
| Gross operating margin9900 | €17,094 | €13,080 | €61,113 | €38,609 | €34,148 | ▼ 11.6% |
| Operating profit (loss)9901 | €11,738 | €2,610 | €40,194 | €17,979 | €13,611 | ▼ 24.3% |
| Financial income75/76B | €44 | €145 | €48 | €581 | €1,729 | ▲ 197% |
| Recurring financial income75 | €44 | €145 | €48 | €581 | €1,729 | ▲ 197% |
| Financial charges65/66B | €2,622 | €648 | €939 | €417 | €372 | ▼ 10.8% |
| Recurring financial charges65 | €2,622 | €648 | €939 | €417 | €372 | ▼ 10.8% |
| Profit (loss) for the period before taxes9903 | €9,160 | €2,107 | €39,303 | €18,144 | €14,969 | ▼ 17.5% |
| Income taxes67/77 | €1,499 | €800 | €6,012 | €5,320 | €1,888 | ▼ 64.5% |
| Profit (loss) for the period9904 | €7,661 | €1,307 | €33,291 | €12,824 | €13,080 | ▲ 2.0% |
| Profit (loss) for the period to be appropriated9905 | €7,661 | €1,307 | €33,291 | €12,824 | €13,080 | ▲ 2.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €51,088 | €47,616 | €87,041 | €77,334 | €85,849 | ▲ 11.0% |
| Fixed assets21/28 | €2,247 | €1,224 | €11,357 | €10,117 | €8,878 | ▼ 12.3% |
| Tangible fixed assets22/27 | €2,047 | €1,024 | €11,157 | €9,917 | €8,678 | ▼ 12.5% |
| Plant, machinery and equipment23 | €472 | €236 | €11,157 | €9,917 | €8,678 | ▼ 12.5% |
| Furniture and vehicles24 | €1,575 | €788 | - | - | - | - |
| Financial fixed assets28 | €200 | €200 | €200 | €200 | €200 | = |
| Current assets29/58 | €48,841 | €46,392 | €75,684 | €67,216 | €76,972 | ▲ 14.5% |
| Amounts receivable within one year40/41 | €22,090 | €13,674 | €7,177 | €24,086 | €52,606 | ▲ 118% |
| Trade receivables40 | €1,930 | €2,183 | €2,665 | €8,243 | €7,493 | ▼ 9.1% |
| Other amounts receivable41 | €20,160 | €11,491 | €4,512 | €15,842 | €45,112 | ▲ 185% |
| Cash at bank and in hand54/58 | €26,751 | €32,718 | €68,507 | €43,131 | €24,366 | ▼ 43.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €51,088 | €47,616 | €87,041 | €77,334 | €85,849 | ▲ 11.0% |
| Equity10/15 | €36,022 | €37,329 | €49,820 | €51,844 | €54,124 | ▲ 4.4% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | €18,600 | €18,600 | - | - | - | - |
| Issued capital100 | €18,600 | €18,600 | - | - | - | - |
| Reserves13 | €17,360 | €18,360 | €30,360 | €32,360 | €32,360 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Legal reserve130 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €15,500 | €16,500 | €30,360 | €32,360 | €32,360 | = |
| Profit (loss) carried forward14 | €62 | €369 | €860 | €884 | €3,164 | ▲ 258% |
| Amounts payable17/49 | €15,066 | €10,287 | €37,221 | €25,490 | €31,725 | ▲ 24.5% |
| Amounts payable after more than one year17 | €7,810 | €2,942 | €12,968 | €11,613 | €10,259 | ▼ 11.7% |
| Financial debts170/4 | €7,810 | €2,942 | €12,968 | €11,613 | €10,259 | ▼ 11.7% |
| Amounts payable within one year42/48 | €7,256 | €7,345 | €24,253 | €13,876 | €21,466 | ▲ 54.7% |
| Current portion of amounts payable after more than one year42 | €4,868 | €4,868 | €4,296 | €1,355 | €1,355 | = |
| Trade debts44 | €2,293 | €2,164 | €3,116 | €1,595 | - | - |
| Suppliers440/4 | €2,293 | €2,164 | €3,116 | €1,595 | - | - |
| Taxes, remuneration and social security45 | €95 | €313 | €16,041 | €10,126 | €19,311 | ▲ 90.7% |
| Taxes450/3 | €95 | €313 | €13,954 | €8,035 | €5,178 | ▼ 35.6% |
| Remuneration and social security454/9 | - | - | €2,087 | €2,091 | €14,133 | ▲ 576% |
| Other amounts payable47/48 | - | - | €800 | €800 | €800 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,661 | €1,307 | €33,291 | €12,824 | €13,080 | ▲ 2.0% |
| + Depreciation and write-downs630 | €1,326 | €1,023 | €2,263 | €1,240 | €1,240 | = |
| Operating cash flow (approximation) | €8,987 | €2,330 | €35,554 | €14,064 | €14,320 | ▲ 1.8% |
| Investment in fixed assets (approximation) | - | €0 | -€12,396 | -€0 | €0 | ▲ 100% |
| Change in cash | - | €5,967 | €35,789 | -€25,376 | -€18,765 | ▲ 26.1% |
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
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €33,291 ▲2,447%
Operating result €40,194, net result €33,291, both a record.
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2022
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2020
31-12
Financial
Back to profitnet €14,130
Net result €14,130 after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 11.00
Current ratio from 3.24 to 11.00; short-term debt falls from €12,298 to €4,226.
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
31-12
Financial
Weakest financial yearnet -€11,844
Net result drops to -€11,844, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Waterloo · 1 establishment unit since 1997
Ground area
857 m²
Building footprint
175 m²
Volume, LiDAR
1,075 m³
Parcel 25110B0611/00V000, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Avenue de la Closière 24, 1410 Waterloo
since 19972.082.309.688
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25110B0611/00V000 | Wallonia | 857 m² | 1 · 175 m² | 7.4 m · 2 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 11,757 companies in sector 68310 we hold annual accounts for 6,914. 4,932 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
Founded16-05-1997
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
46412Wholesale of household textiles and bedding
E-invoicing
Reachable via Peppol
Peppol ID
0208:0460674279
Registered
11-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.