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AGPROCHASSISVITRAGE

Active
Private limited companyfounded 2024active for 2 yearsRue de Varsovie 25, 6040 Charleroi, BelgiumKBO/BCE: BE 1007.409.732
Summary

The computed 12-month bankruptcy probability of AGPROCHASSISVITRAGE is 8.7% (elevated). The 2024 annual accounts show equity of €3,411 and a net result of €1,411. Its solvency ranks better than 13% of 35,972 sector peers (NACE 43, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2024 annual accounts filed late (116 days) Filed on 24 November 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00570249.

Turnover
≈ €53,000
Estimated: probably between €29,000 and €100,000
Total assets
€44,208
Net result
€1,411
Working capital
€1,438

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €44,208
Fixed assets €1,973
Current assets €42,235
Equity and liabilities €44,208
Equity €3,411
Debt €40,797
Debt finances 92.3% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€3,626
Cash flow
€2,496
Current ratio
1.04
Debt to equity
11.96
ROE
41.4%
ROA
3.2%
Interest coverage
3.20
Debt ≤ 1 year
€40,797

Peer companies

Historical observation

Of the 2,135 companies that looked in July 2024 the way this one looks now, 5.2% went bankrupt within 24 months and 92.1% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
5.2% went bankrupt
2.4% stopped otherwise
92.1% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 8.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 0.9%
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 74.5% 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 2,135 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
Filed annual accounts As filed with the NBB · 2024 · 33 lines
Balance sheet Code2024
Assets
Total assets20/58€44,208
Fixed assets21/28€1,973
Tangible fixed assets22/27€1,873
Furniture and vehicles24€1,873
Financial fixed assets28€100
Current assets29/58€42,235
Amounts receivable within one year40/41€41,681
Trade receivables40€14,484
Other amounts receivable41€27,197
Deferred charges and accrued income490/1€554
Equity and liabilities
Total equity and liabilities10/49€44,208
Equity10/15€3,411
Contributions10/11€2,000
Profit (loss) carried forward14€1,411
Amounts payable17/49€40,797
Amounts payable within one year42/48€40,797
Financial debts43€24,999
Credit institutions430/8€24,999
Trade debts44€10,893
Suppliers440/4€10,893
Advances received on contracts in progress46€4,905
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,085
Other operating charges640/8€1,254
Gross operating margin9900€4,880
Operating profit (loss)9901€2,541
Financial income75/76B€2
Recurring financial income75€2
Financial charges65/66B€1,132
Recurring financial charges65€1,132
Profit (loss) for the period before taxes9903€1,411
Profit (loss) for the period9904€1,411
Profit (loss) for the period to be appropriated9905€1,411
Appropriation of the result
Profit (loss) to be appropriated9906€1,411

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,085
Other operating charges640/8€1,254
Gross operating margin9900€4,880
Operating profit (loss)9901€2,541
Financial income75/76B€2
Recurring financial income75€2
Financial charges65/66B€1,132
Recurring financial charges65€1,132
Profit (loss) for the period before taxes9903€1,411
Profit (loss) for the period9904€1,411
Profit (loss) for the period to be appropriated9905€1,411
Line2024
Assets
Total assets20/58€44,208
Fixed assets21/28€1,973
Tangible fixed assets22/27€1,873
Furniture and vehicles24€1,873
Financial fixed assets28€100
Current assets29/58€42,235
Amounts receivable within one year40/41€41,681
Trade receivables40€14,484
Other amounts receivable41€27,197
Deferred charges and accrued income490/1€554
Equity and liabilities
Total equity and liabilities10/49€44,208
Equity10/15€3,411
Contributions10/11€2,000
Profit (loss) carried forward14€1,411
Amounts payable17/49€40,797
Amounts payable within one year42/48€40,797
Financial debts43€24,999
Credit institutions430/8€24,999
Trade debts44€10,893
Suppliers440/4€10,893
Advances received on contracts in progress46€4,905
Line2024
Profit (loss) for the period9904€1,411
+ Depreciation and write-downs630€1,085
Operating cash flow (approximation)€2,496

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2024 micro format 24-11-2025 2025-00570249

Similar companies · same sector, comparable size

Of the 19,854 active companies whose main activity is joinery installation (NACE 43320), figures are known for 9,318. 2,499 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.