AGS BELGIUM

Active

Private limited companyfounded 1993active for 33 yearsHaachtsesteenweg 674, 1910 Kampenhout, BelgiumKBO/BCE: BE 0450.623.101

Summary

The computed 12-month bankruptcy probability of AGS BELGIUM is 4.6% (elevated). The 2024 annual accounts show equity of €41,802 and a net result of €53,806, of which €61,352 non-recurring income. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 1,854 sector peers (NACE 49, financial year 2024). The company has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals.

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AGS BELGIUMActiveChecked score 38/100

Risk analysis Report Compare

Activity

Removal services

NACE 49420

2nd oldest company in Kampenhout, Transport and storage sector1 site

Size

€2.0mtotal assets 2024

Staff: 29.1 FTE
Equity: €41,802
Profit: €53,806

Turnover not published (abbreviated format)

Financial health

38 Weak Checked score 2024

Bankruptcy probabilitywithin 12 months: 4.6%

Structure

Edwin OomsDirector
Cédric CastroDirector

2025 accounts not filed, 87 days past the deadline3 of 11 deeds summarised

Why 38raises riskFigures for financial year 2024 (filed 04-11-2025)Equity €41,802 (2.1% of total assets)Sector: Land transport and transport via pipelines (NACE 49)lowers riskFounded in 1993Show the evidence

Checked score

Score 2024

38 / 100

Weak

Probability in this band: 4.2% to 15.0%

Financially better than 41% of its sector peers (NACE 49, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Weak

Solvency 27+3

equity 2.1% of total assets

Liquidity 16-1

short-term debt 69.9% · cash 3.1%

Profitability 72+70

return on assets 2.7%

Bankruptcy probability, 12 months

4.6% Elevated

0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (1,181 companies, NACE 49, small)

Last 24 months 11-2024: 2.8% 12-2024: 3.1%▲ +0.3 percentage points vs 11-2024 01-2025: 9.3%▲ +6.2 percentage points vs 12-2024 02-2025: 9.4%▲ +0.1 percentage points vs 01-2025highest value 03-2025: 9.3%▼ -0.1 percentage points vs 02-2025 04-2025: 9.3%● unchanged vs 03-2025 05-2025: 9.0%▼ -0.3 percentage points vs 04-2025 06-2025: 8.7%▼ -0.3 percentage points vs 05-2025 07-2025: 9.3%▲ +0.6 percentage points vs 06-2025 08-2025: 8.7%▼ -0.6 percentage points vs 07-2025 09-2025: 8.2%▼ -0.5 percentage points vs 08-2025 10-2025: 7.0%▼ -1.2 percentage points vs 09-2025 11-2025: 7.1%▲ +0.1 percentage points vs 10-2025 12-2025: 2.8%▼ -4.3 percentage points vs 11-2025 01-2026: 2.8%● unchanged vs 12-2025 02-2026: 2.8%● unchanged vs 01-2026 03-2026: 2.8%● unchanged vs 02-2026 04-2026: 2.7%▼ -0.1 percentage points vs 03-2026lowest value 05-2026: 2.7%● unchanged vs 04-2026 06-2026: 2.8%▲ +0.1 percentage points vs 05-2026 07-2026: 2.9%▲ +0.1 percentage points vs 06-2026 08-2026: 3.6%▲ +0.7 percentage points vs 07-2026 09-2026: 4.1%▲ +0.5 percentage points vs 08-2026 10-2026: 4.6%▲ +0.5 percentage points vs 09-2026

Credit of up to €1,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms

Liquidity tight (current ratio 1.16, compared with 0.98 in 2023, below the usual 1.5; short-term debt: 69.9% and cash: 3.1% of total assets), and 97.9% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, small): better than 7% on solvency, 9% on liquidity, 48% on profitability and 99% on growth.

The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.

lowers riskraises risk

Figures for financial year 2024 (filed 04-11-2025)

NBB · annual accounts

Equity €41,802 (2.1% of total assets)

NBB · annual accounts

Sector: Land transport and transport via pipelines (NACE 49)

KBO

Founded in 1993

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 1854 sector peers (2024).

NBB · sector comparison

Position among 1854 sector peers

Solvency

better than 9%

← weakest strongest →

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 87 days later.

NBB · 10 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline26-10-2026 today

2024 accounts filed 96 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-11-2025, 96 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

96 days late

2023

124 days late

2022

28 days late

2021

75 days late

2020

33 days late

2019

91 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 75 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

15-05-2026 Resignation: Karolien GEERS (bestuurder en houder…Appointment: Edwin Ooms (bestuurder en…
04-11-2025 Annual accounts filedfinancial year 2024 · abbreviated…
09-07-2025 Resignations: CASTRO Cédric (manager) and GEERS…Reappointments: CASTRO Cédric (director) and…

Key points

Positive: Back in profit in 2024after -€208,619 in 2023 €53,806 View
Caution: Among the weakest 10% on solvencysector median 41.6% · 1,854 companies 2.1% View
Caution: 2025 accounts not fileddeadline was 31-07-2026 87 days past the deadline View
Board changedlatest change 16-03-2026 · 2 in office 1 joined · 1 left View
Known shareholdersaccounts at 31-12-2024 100% View

By topic

Financials

Financial year: 2024
Total assets: €2.0m
Profit: €53,806
Solvency: 2.1%

Total assets▲ 28.6%

Net result

20182024

Go to Financials

Board & ownership

Board: 2 members
Known shareholders: 100%

Edwin OomsDirector
Cédric CastroDirector

Go to Board & ownership

Timeline

Events: 38
Since: 1995

31-12-2024Back to profit
02-12-2024Annual accounts filed
12-11-2024Resignations: Alain Taleb (director) and Eric Ponchaut…

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Removal servicesNACE 49420
Founded: 28-07-1993
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 15

Annual meeting: Second Friday of May at 09:00
Purpose: “Het transport van personen of van goederen; De behandeling volgens alle herkomsten en voor…” (deed in Dutch)

Go to Articles of association

Key facts about AGS BELGIUM

What is the company number of AGS BELGIUM?: 0450.623.101. In Belgium the VAT number is the company number with BE in front: BE 0450.623.101.
Where is AGS BELGIUM based?: The registered office is at Haachtsesteenweg 674, 1910 Kampenhout.Company details
What does AGS BELGIUM do?: According to the KBO register, the main activity is removal services (NACE 49420).
What is the legal form of AGS BELGIUM?: Private limited company (BV).
When was AGS BELGIUM founded?: On 28-07-1993.
Is AGS BELGIUM still active?: Yes, AGS BELGIUM is an active enterprise in the KBO register.
How many employees does AGS BELGIUM have?: On average 29.1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of AGS BELGIUM?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is AGS BELGIUM profitable?: In financial year 2024, AGS BELGIUM made a profit of €53,806.
Where can I find the annual accounts of AGS BELGIUM?: AGS BELGIUM filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2024.