AGRAKAS
ActiveSummary
AGRAKAS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.48M and a net result of €-50k. Equity is growing by ~17.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability25▲+3
Solvency75▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity short (current ratio 0.37 against 0.32 in 2024; short-term debt: 21.8% and cash: 0.2% of total assets), and 50.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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
neutral · Filed after the deadline
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 06-01-2026, 6 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
6 d late
2024
367 d late
2023
12 d late
2022
1 d early
2021
158 d late
2020
14 d late
2019
363 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-05-2026 close25-09-2026 today31-12-2026 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-50k▲ 33.0%
2024 · €-75k
2019: €-2k
2020: €22k▲ +1527% vs 2019
2021: €41k▲ +82.3% vs 2020highest in 7 years
2022: €-164k▼ -504% vs 2021lowest in 7 years
2023: €6k▲ +103% vs 2022
2024: €-75k▼ -1423% vs 2023
2025: €-50k▲ +33.0% vs 2024
2019 → 2025
Working capital
€-688k▼ 7.6%
2024 · €-639k
2019: €-41k
2020: €-95k▼ -129% vs 2019
2021: €-4k▲ +95.7% vs 2020highest in 7 years
2022: €-619k▼ -14950% vs 2021
2023: €-588k▲ +4.9% vs 2022
2024: €-639k▼ -8.7% vs 2023
2025: €-688k▼ -7.6% vs 2024lowest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€117k-€2.59M▲ 2,124%€2.60M▲ 0.2%€2.53M▼ 2.9%€2.48M▼ 2.0%
2021: €117klowest in 5 years
2022: €2.59M▲ +2124% vs 2021
2023: €2.60M▲ +0.2% vs 2022highest in 5 years
2024: €2.53M▼ -2.9% vs 2023
2025: €2.48M▼ -2.0% vs 2024
Operating result€113k-€-33k€123k€-4k€20k
2021: €113k
2022: €-33k▼ -129% vs 2021lowest in 5 years
2023: €123k▲ +472% vs 2022highest in 5 years
2024: €-4k▼ -103% vs 2023
2025: €20k▲ +656% vs 2024
Net result€41k-€-164k€6k€-75k€-50k▲ 33.0%
2021: €41khighest in 5 years
2022: €-164k▼ -504% vs 2021lowest in 5 years
2023: €6k▲ +103% vs 2022
2024: €-75k▼ -1423% vs 2023
2025: €-50k▲ +33.0% vs 2024
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €20k after a loss of €4k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.97M
Fixed assets
€4.57M ▼ 0.6%
Current assets
€397k ▲ 30.3%
Equity and liabilities €4.97M
Equity
€2.48M ▼ 2.0%
Debt
€2.49M ▲ 4.9%
Debt's share of the balance-sheet total rises from 48.5% to 50.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€67k▲
2024 · €43k
Cash flow
€-3k▲
2024 · €-28k
Current ratio
0.37▲
2024 · 0.32
Debt to equity
1.01▲
2024 · 0.94
ROE
-2.0%▲
2024 · -3.0%
ROA
-1.0%▲
2024 · -1.5%
Interest coverage
0.96▲
2024 · 0.60
Debt ≤ 1 year
€1.08M▲
2024 · €944k
Debt > 1 year
€1.41M▼
2024 · €1.43M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.90M€4.97M▲
Fixed assets21/28€4.60M€4.57M▼
Tangible fixed assets22/27€4.60M€4.57M▼
Land and buildings22€4.60M€4.57M▼
Financial fixed assets28€177€177=
Current assets29/58€305k€397k▲
Amounts receivable within one year40/41€303k€388k▲
Trade receivables40€99k€121k▲
Other amounts receivable41€204k€267k▲
Cash at bank and in hand54/58€769€8k▲
Deferred charges and accrued income490/1€775€812▲
Equity and liabilities
Total equity and liabilities10/49€4.90M€4.97M▲
Equity10/15€2.53M€2.48M▼
Contributions10/11€63k€63k=
Outside capital11€63k€63k=
Other1109/19€63k€63k=
Revaluation surpluses12€2.91M€2.91M=
Profit (loss) carried forward14€-447k€-497k▼
Amounts payable17/49€2.37M€2.49M▲
Amounts payable after more than one year17€1.43M€1.41M▼
Financial debts170/4€1.43M€1.41M▼
Amounts payable within one year42/48€944k€1.08M▲
Current portion of amounts payable after more than one year42€42k€46k▲
Financial debts43€471k€471k=
Credit institutions430/8€471k€471k=
Trade debts44€283k€367k▲
Suppliers440/4€283k€367k▲
Taxes, remuneration and social security45€2k-
Taxes450/3€2k-
Other amounts payable47/48€145k€201k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€47k▲
Other operating charges640/8€919-
Gross operating margin9900€44k€67k▲
Operating profit (loss)9901€-4k€20k▲
Financial charges65/66B€71k€70k▼
Recurring financial charges65€71k€70k▼
Profit (loss) for the period before taxes9903€-75k€-50k▲
Profit (loss) for the period9904€-75k€-50k▲
Profit (loss) for the period to be appropriated9905€-75k€-50k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-447k€-497k▼
Profit (loss) brought forward from the previous period14P€-372k€-447k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €46k | €46k | €46k | €46k | €47k | ▲ 1.4% |
| Other operating charges640/8 | €3k | €100 | €165 | €919 | - | - |
| Gross operating margin9900 | €162k | €13k | €170k | €44k | €67k | ▲ 52.3% |
| Operating profit (loss)9901 | €113k | €-33k | €123k | €-4k | €20k | ▲ 656% |
| Financial charges65/66B | €66k | €131k | €86k | €71k | €70k | ▼ 2.1% |
| Recurring financial charges65 | €66k | €131k | €86k | €71k | €70k | ▼ 2.1% |
| Profit (loss) for the period before taxes9903 | €48k | €-164k | €37k | €-75k | €-50k | ▲ 33.0% |
| Income taxes67/77 | €7k | - | €31k | - | - | - |
| Profit (loss) for the period9904 | €41k | €-164k | €6k | €-75k | €-50k | ▲ 33.0% |
| Profit (loss) for the period to be appropriated9905 | €41k | €-164k | €6k | €-75k | €-50k | ▲ 33.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.28M | €4.85M | €4.95M | €4.90M | €4.97M | ▲ 1.4% |
| Fixed assets21/28 | €2.09M | €4.69M | €4.64M | €4.60M | €4.57M | ▼ 0.6% |
| Tangible fixed assets22/27 | €2.09M | €4.69M | €4.64M | €4.60M | €4.57M | ▼ 0.6% |
| Land and buildings22 | €2.09M | €4.69M | €4.64M | €4.60M | €4.57M | ▼ 0.6% |
| Financial fixed assets28 | - | - | - | €177 | €177 | = |
| Current assets29/58 | €189k | €159k | €312k | €305k | €397k | ▲ 30.3% |
| Amounts receivable within one year40/41 | €153k | €157k | €308k | €303k | €388k | ▲ 28.1% |
| Trade receivables40 | €128k | €130k | €87k | €99k | €121k | ▲ 22.1% |
| Other amounts receivable41 | €25k | €27k | €221k | €204k | €267k | ▲ 31.0% |
| Cash at bank and in hand54/58 | €35k | €1k | €2k | €769 | €8k | ▲ 931% |
| Deferred charges and accrued income490/1 | €2k | €604 | €3k | €775 | €812 | ▲ 4.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.28M | €4.85M | €4.95M | €4.90M | €4.97M | ▲ 1.4% |
| Equity10/15 | €117k | €2.59M | €2.60M | €2.53M | €2.48M | ▼ 2.0% |
| Contributions10/11 | €63k | €63k | €63k | €63k | €63k | = |
| Outside capital11 | €63k | €63k | €63k | €63k | €63k | = |
| Other1109/19 | €63k | €63k | €63k | €63k | €63k | = |
| Revaluation surpluses12 | €268k | €2.91M | €2.91M | €2.91M | €2.91M | = |
| Profit (loss) carried forward14 | €-214k | €-378k | €-372k | €-447k | €-497k | ▼ 11.2% |
| Amounts payable17/49 | €2.16M | €2.25M | €2.35M | €2.37M | €2.49M | ▲ 4.9% |
| Amounts payable after more than one year17 | €1.97M | €1.47M | €1.45M | €1.43M | €1.41M | ▼ 1.7% |
| Financial debts170/4 | €1.97M | €1.47M | €1.45M | €1.43M | €1.41M | ▼ 1.7% |
| Amounts payable within one year42/48 | €193k | €778k | €901k | €944k | €1.08M | ▲ 14.9% |
| Current portion of amounts payable after more than one year42 | €88k | €40k | €44k | €42k | €46k | ▲ 9.1% |
| Financial debts43 | - | €505k | €471k | €471k | €471k | = |
| Credit institutions430/8 | - | €505k | €471k | €471k | €471k | = |
| Trade debts44 | €102k | €206k | €289k | €283k | €367k | ▲ 29.7% |
| Suppliers440/4 | €102k | €206k | €289k | €283k | €367k | ▲ 29.7% |
| Taxes, remuneration and social security45 | €2k | €1k | €2k | €2k | - | - |
| Taxes450/3 | €2k | €1k | €2k | €2k | - | - |
| Other amounts payable47/48 | - | €25k | €95k | €145k | €201k | ▲ 37.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €41k | €-164k | €6k | €-75k | €-50k | ▲ 33.0% |
| + Depreciation and write-downs630 | €46k | €46k | €46k | €46k | €47k | ▲ 1.4% |
| Operating cash flow (approximation) | €87k | €-118k | €52k | €-28k | €-3k | ▲ 89.4% |
| Investment in fixed assets (approximation) | - | €-2.64M | €0 | €-177 | €-22k | ▼ 12,103% |
| Change in cash | - | €-34k | €755 | €-1k | €7k | ▲ 801% |
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
06-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 6 days late
02-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 367 days late
2024
12-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 12 days late
2023
31-05
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
2022
30-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 158 days late
31-05
Financial
Weakest financial yearnet €-164k
Net result drops to €-164k, the lowest in the series; recovery starts the following year.
31-05
Financial
Equity above €2MEq €2.59M ▲2,124%
Equity rises from €117k to €2.59M.
2021
31-05
Financial
Highest result since 2019net €41k ▲82.3%
Net result €41k, the highest in the series.
14-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 14 days late
2020
28-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 363 days late
31-05
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
Show earlier events
2018
05-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
20-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 180 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
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, Schaarbeek · 1 establishment unit since 2011
Ground area
1,862 m²
Building footprint
1,061 m²
Volume, LiDAR
11,782 m³
2 parcels, Brussels · tallest building 22.3 m, ±6 floors. Linked by address, not a title deed.
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companies at this address
See who is registered here
1 establishment unit
Establishment
since 20112.195.376.650
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21905C0149/00B013 | Brussels | 1,194 m² | 1 · 392 m² | 22.3 m · 6 fl. |
| 21526D0112/02R000 | Brussels | 667 m² | 1 · 668 m² | 11.9 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.
Identification & contact
Identification
Legal formPublic limited company
Founded10-06-2010
Fiscal year end31-05
Scores and ratios are computed by Checked and are not a credit decision.