ASAGEC
ActiveSummary
The computed 12-month bankruptcy probability of ASAGEC is 3.5% (moderate). The 2024 annual accounts show equity of €153,390 and a net result of -€8,714. Equity is growing by ~3.6% per year across the filed fiscal years. The company has been active since 2001 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
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Signals
This company filed its last 6 accounts on average 405 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
History
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Financials · fiscal year 2024, micro schema
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Peer companies
Historical observationOf the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.5% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 8,611 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,956 | €16,956 | €16,956 | €16,956 | €16,956 | = |
| Other operating charges640/8 | - | €7,623 | €248 | €334 | €23,305 | ▲ 6,878% |
| Gross operating margin9900 | €22,754 | €26,779 | €44,997 | €30,528 | €30,000 | ▼ 1.7% |
| Operating profit (loss)9901 | -€1,768 | €2,200 | €27,794 | €13,238 | -€10,261 | ▼ 178% |
| Financial charges65/66B | - | €2,538 | €2,525 | €2,668 | €124 | ▼ 95.4% |
| Recurring financial charges65 | €2,848 | €2,538 | €2,525 | €2,668 | €124 | ▼ 95.4% |
| Profit (loss) for the period before taxes9903 | -€4,616 | -€338 | €25,269 | €10,570 | -€10,385 | ▼ 198% |
| Transfer from deferred taxes780 | - | - | - | €1,671 | €1,671 | = |
| Income taxes67/77 | €50 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€686 | -€338 | €25,269 | €12,241 | -€8,714 | ▼ 171% |
| Transfer from tax-exempt reserves789 | - | - | - | €4,172 | €4,172 | = |
| Profit (loss) for the period to be appropriated9905 | €7,044 | -€338 | €25,269 | €16,413 | -€4,541 | ▼ 128% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €324,063 | €311,982 | €443,004 | €471,480 | €471,263 | = |
| Fixed assets21/28 | €302,899 | €285,943 | €285,943 | €268,987 | €252,031 | ▼ 6.3% |
| Tangible fixed assets22/27 | €302,899 | €285,943 | €285,943 | €268,987 | €252,031 | ▼ 6.3% |
| Land and buildings22 | - | €285,943 | €285,943 | €268,987 | €252,031 | ▼ 6.3% |
| Current assets29/58 | €21,163 | €26,038 | €157,061 | €202,493 | €219,232 | ▲ 8.3% |
| Amounts receivable after more than one year29 | - | - | €120,000 | €150,000 | €150,000 | = |
| Trade receivables290 | - | - | €120,000 | €150,000 | €150,000 | = |
| Amounts receivable within one year40/41 | €19,716 | €25,961 | €37,053 | €50,708 | €67,876 | ▲ 33.9% |
| Trade receivables40 | - | - | €8,026 | €20,726 | €35,700 | ▲ 72.2% |
| Other amounts receivable41 | - | €25,961 | €29,027 | €29,982 | €32,176 | ▲ 7.3% |
| Cash at bank and in hand54/58 | €1,447 | €77 | €8 | €1,785 | €1,356 | ▼ 24.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €324,063 | €311,982 | €443,004 | €471,480 | €471,263 | = |
| Equity10/15 | €124,931 | €124,593 | €149,862 | €162,103 | €153,390 | ▼ 5.4% |
| Contributions10/11 | - | €93,250 | €93,250 | €93,250 | €93,250 | = |
| Reserves13 | €49,653 | €49,653 | €49,653 | €45,481 | €41,309 | ▼ 9.2% |
| Tax-exempt reserves132 | - | €49,653 | €49,653 | €45,481 | €41,309 | ▼ 9.2% |
| Profit (loss) carried forward14 | -€17,972 | -€18,310 | €6,959 | €23,372 | €18,831 | ▼ 19.4% |
| Provisions and deferred taxes16 | €19,888 | €19,888 | €19,888 | €18,217 | €16,545 | ▼ 9.2% |
| Deferred taxes168 | - | €19,888 | €19,888 | €18,217 | €16,545 | ▼ 9.2% |
| Amounts payable17/49 | €179,244 | €167,501 | €273,254 | €291,161 | €301,328 | ▲ 3.5% |
| Amounts payable after more than one year17 | €165,098 | €152,559 | €259,436 | €280,372 | €263,627 | ▼ 6.0% |
| Financial debts170/4 | - | €92,708 | €201,360 | €223,977 | €216,055 | ▼ 3.5% |
| Other amounts payable178/9 | - | €59,852 | €58,077 | €56,395 | €47,572 | ▼ 15.6% |
| Amounts payable within one year42/48 | €14,146 | €14,942 | €13,818 | €10,789 | €37,701 | ▲ 249% |
| Current portion of amounts payable after more than one year42 | - | €6,616 | €6,616 | €8,350 | €9,669 | ▲ 15.8% |
| Financial debts43 | - | - | €26 | - | - | - |
| Credit institutions430/8 | - | - | €26 | - | - | - |
| Trade debts44 | €6,559 | €8,326 | €7,176 | €2,439 | €28,032 | ▲ 1,049% |
| Suppliers440/4 | - | €8,326 | €7,176 | €2,439 | €28,032 | ▲ 1,049% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€686 | -€338 | €25,269 | €12,241 | -€8,714 | ▼ 171% |
| + Depreciation and write-downs630 | €16,956 | €16,956 | €16,956 | €16,956 | €16,956 | = |
| Operating cash flow (approximation) | €16,270 | €16,618 | €42,225 | €29,197 | €8,242 | ▼ 71.8% |
| Investment in fixed assets (approximation) | - | €0 | -€16,956 | €0 | €0 | - |
| Change in cash | - | -€1,370 | -€69 | €1,778 | -€429 | ▼ 124% |
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
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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.
Directors · office · real estate
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93078C0136/00N000 | Wallonia | 1,229 m² | 1 · 93 m² | - |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.