AGVICE
ActiveSummary
AGVICE has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €60k and a net result of €68k. Equity is growing by ~11.2% per year across the filed fiscal years. Its solvency ranks better than 54% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency91▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.89 against 3.17 in 2023; short-term debt: 33.6% and cash: 81.5% of total assets), and 33.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
37 d early
2022
42 d early
2021
39 d early
2020
19 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€60k▲ 0.1%
2023 · €60k
2020: €36klowest in 5 years
2021: €37k▲ +3.2% vs 2020
2022: €63k▲ +69.2% vs 2021highest in 5 years
2023: €60k▼ -5.6% vs 2022
2024: €60k▲ +0.1% vs 2023
2020 → 2024
Total assets
€90k▲ 5.0%
2023 · €86k
2020: €60klowest in 5 years
2021: €62k▲ +2.9% vs 2020
2022: €85k▲ +37.5% vs 2021
2023: €86k▲ +0.8% vs 2022
2024: €90k▲ +5.0% vs 2023highest in 5 years
2020 → 2024
Net result
€68k▲ 22.7%
2023 · €55k
2020: €33k
2021: €1k▼ -96.5% vs 2020lowest in 5 years
2022: €26k▲ +2134% vs 2021
2023: €55k▲ +114% vs 2022
2024: €68k▲ +22.7% vs 2023highest in 5 years
2020 → 2024
Working capital
€57k▲ 1.4%
2023 · €57k
2020: €34klowest in 5 years
2021: €36k▲ +5.1% vs 2020
2022: €62k▲ +70.5% vs 2021highest in 5 years
2023: €57k▼ -8.3% vs 2022
2024: €57k▲ +1.4% vs 2023
2020 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€36k-€37k▲ 3.2%€63k▲ 69.2%€60k▼ 5.6%€60k▲ 0.1%
2020: €36klowest in 5 years
2021: €37k▲ +3.2% vs 2020
2022: €63k▲ +69.2% vs 2021highest in 5 years
2023: €60k▼ -5.6% vs 2022
2024: €60k▲ +0.1% vs 2023
Operating result€42k-€2k▼ 94.9%€34k▲ 1,493%€72k▲ 112%€87k▲ 21.4%
2020: €42k
2021: €2k▼ -94.9% vs 2020lowest in 5 years
2022: €34k▲ +1493% vs 2021
2023: €72k▲ +112% vs 2022
2024: €87k▲ +21.4% vs 2023highest in 5 years
Net result€33k-€1k▼ 96.5%€26k▲ 2,134%€55k▲ 114%€68k▲ 22.7%
2020: €33k
2021: €1k▼ -96.5% vs 2020lowest in 5 years
2022: €26k▲ +2134% vs 2021
2023: €55k▲ +114% vs 2022
2024: €68k▲ +22.7% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 21% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €90k
Fixed assets
€2k ▼ 23.5%
Current assets
€88k ▲ 6.1%
Equity and liabilities €90k
Equity
€60k ▲ 0.1%
Debt
€30k ▲ 16.3%
Debt's share of the balance-sheet total rises from 30.5% to 33.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€88k▲
2023 · €73k
Cash flow
€69k▲
2023 · €57k
Current ratio
2.89▼
2023 · 3.17
Debt to equity
0.51▲
2023 · 0.44
ROE
113.9%▲
2023 · 92.9%
ROA
75.5%▲
2023 · 64.6%
Interest coverage
255.75▼
2023 · 272.39
Debt ≤ 1 year
€30k▲
2023 · €26k
Income taxes
€19k▲
2023 · €16k
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 · 2024 against 2023 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€86k€90k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Furniture and vehicles24€3k€2k▼
Current assets29/58€83k€88k▲
Amounts receivable within one year40/41€25k€13k▼
Trade receivables40€14k€13k▼
Other amounts receivable41€10k€430▼
Cash at bank and in hand54/58€58k€73k▲
Deferred charges and accrued income490/1€211€728▲
Equity and liabilities
Total equity and liabilities10/49€86k€90k▲
Equity10/15€60k€60k▲
Contributions10/11€4k€4k=
Profit (loss) carried forward14€56k€56k▲
Amounts payable17/49€26k€30k▲
Amounts payable within one year42/48€26k€30k▲
Financial debts43€33€72▲
Credit institutions430/8€33€72▲
Trade debts44€7€167▲
Suppliers440/4€7€167▲
Taxes, remuneration and social security45€26k€18k▼
Taxes450/3€26k€15k▼
Remuneration and social security454/9-€3k
Other amounts payable47/48-€12k
Accrued charges and deferred income492/3€77€79▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€270€284▲
Gross operating margin9900€73k€88k▲
Operating profit (loss)9901€72k€87k▲
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€269€345▲
Recurring financial charges65€269€345▲
Profit (loss) for the period before taxes9903€71k€87k▲
Income taxes67/77€16k€19k▲
Profit (loss) for the period9904€55k€68k▲
Profit (loss) for the period to be appropriated9905€55k€68k▲
Appropriation of the result
Profit (loss) to be appropriated9906€115k€124k▲
Profit (loss) brought forward from the previous period14P€60k€56k▼
Profit to be distributed694/7€59k€68k▲
Return on contributions (dividend)694€59k€68k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €581 | €1k | €2k | €1k | ▼ 20.4% |
| Other operating charges640/8 | - | €452 | €228 | €270 | €284 | ▲ 5.5% |
| Gross operating margin9900 | €44k | €3k | €35k | €73k | €88k | ▲ 20.5% |
| Operating profit (loss)9901 | €42k | €2k | €34k | €72k | €87k | ▲ 21.4% |
| Financial income75/76B | - | €551 | - | €1 | €0 | ▼ 55.4% |
| Recurring financial income75 | €0 | €551 | - | €1 | €0 | ▼ 55.4% |
| Financial charges65/66B | - | €263 | €523 | €269 | €345 | ▲ 28.4% |
| Recurring financial charges65 | €79 | €263 | €523 | €269 | €345 | ▲ 28.4% |
| Profit (loss) for the period before taxes9903 | €42k | €2k | €33k | €71k | €87k | ▲ 21.4% |
| Income taxes67/77 | €9k | €1k | €7k | €16k | €19k | ▲ 16.7% |
| Profit (loss) for the period9904 | €33k | €1k | €26k | €55k | €68k | ▲ 22.7% |
| Profit (loss) for the period to be appropriated9905 | €33k | €1k | €26k | €55k | €68k | ▲ 22.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €60k | €62k | €85k | €86k | €90k | ▲ 5.0% |
| Fixed assets21/28 | €2k | €1k | €2k | €3k | €2k | ▼ 23.5% |
| Tangible fixed assets22/27 | €2k | €1k | €2k | €3k | €2k | ▼ 23.5% |
| Furniture and vehicles24 | - | €1k | €2k | €3k | €2k | ▼ 23.5% |
| Current assets29/58 | €58k | €61k | €83k | €83k | €88k | ▲ 6.1% |
| Amounts receivable after more than one year29 | - | €4k | - | - | - | - |
| Trade receivables290 | - | €4k | - | - | - | - |
| Amounts receivable within one year40/41 | €12k | €12k | €13k | €25k | €13k | ▼ 45.0% |
| Trade receivables40 | - | €12k | €12k | €14k | €13k | ▼ 8.7% |
| Other amounts receivable41 | - | €53 | €193 | €10k | €430 | ▼ 95.8% |
| Cash at bank and in hand54/58 | €44k | €43k | €71k | €58k | €73k | ▲ 26.9% |
| Deferred charges and accrued income490/1 | - | €1k | €189 | €211 | €728 | ▲ 245% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €60k | €62k | €85k | €86k | €90k | ▲ 5.0% |
| Equity10/15 | €36k | €37k | €63k | €60k | €60k | ▲ 0.1% |
| Contributions10/11 | - | €4k | €4k | €4k | €4k | = |
| Profit (loss) carried forward14 | €33k | €34k | €60k | €56k | €56k | ▲ 0.1% |
| Amounts payable17/49 | €24k | €25k | €22k | €26k | €30k | ▲ 16.3% |
| Amounts payable within one year42/48 | €24k | €24k | €22k | €26k | €30k | ▲ 16.3% |
| Financial debts43 | - | €16 | €16 | €33 | €72 | ▲ 118% |
| Credit institutions430/8 | - | €16 | €16 | €33 | €72 | ▲ 118% |
| Trade debts44 | €483 | €1k | €77 | €7 | €167 | ▲ 2,238% |
| Suppliers440/4 | - | €1k | €77 | €7 | €167 | ▲ 2,238% |
| Taxes, remuneration and social security45 | - | €21k | €19k | €26k | €18k | ▼ 30.6% |
| Taxes450/3 | - | €21k | €19k | €26k | €15k | ▼ 43.1% |
| Remuneration and social security454/9 | - | - | - | - | €3k | - |
| Other amounts payable47/48 | - | €2k | €3k | - | €12k | - |
| Accrued charges and deferred income492/3 | - | €70 | €64 | €77 | €79 | ▲ 2.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33k | €1k | €26k | €55k | €68k | ▲ 22.7% |
| + Depreciation and write-downs630 | €2k | €581 | €1k | €2k | €1k | ▼ 20.4% |
| Operating cash flow (approximation) | €34k | €2k | €27k | €57k | €69k | ▲ 21.5% |
| Investment in fixed assets (approximation) | - | €0 | €-1k | €-3k | €-518 | ▲ 83.6% |
| Change in cash | - | €-1k | €27k | €-13k | €16k | ▲ 223% |
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
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €68k ▲22.7%
Operating result €87k, net result €68k, both a record.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €1k ▼96.5%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2019
Ground area
232 m²
Building footprint
61 m²
Volume, LiDAR
633 m³
Parcel 21674C0223/00Z009, Brussels · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
AGVICE
since 20192.292.857.492
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21674C0223/00Z009 | Brussels | 232 m² | 1 · 61 m² | 12.5 m · 3 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 16,901 companies in sector 62100 we hold annual accounts for 8,772. 6,889 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
Founded06-09-2019
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.