Result
Back in profit in 2025, after a loss of €3,523 in 2024.
Back in profit in 2025, after a loss of €3,523 in 2024.
Debts rose by €369,142 in 2025.
Green is investment, beige is depreciation.
Short-term debts rose from €5,108 to €294,250.
Ten of the last ten came late. The 2019 accounts came latest: 91 days after the end of the period.
2 restructurings since 2024. Latest: merger with IMMO LECO.
The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 68, micro). It does better than 65% of them on solvency, 30% on liquidity, 95% on profitability and 97% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 20,137 companies had the same profile as AUGUSTINUS has now. Each dot stands for 51 companies, two years later.
That fits the bankruptcy probability of AUGUSTINUS itself: 0.3% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,137 companies, not a prediction for AUGUSTINUS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is tight, with a current ratio of 1.3 (7.28 in 2024), below the usual 1.5. Short-term debt is 32.4% and cash 1.3% of total assets. 49.1% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 48 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| AUGUSTINUS Moorslede | €0.9m | €642,609 | 50.9% | - |
| Advies & Coördinatie – Avis & Coordination Zaventem | €0.8m | €543,255 | 23.7% | 4.5 |
| SOFIMO ROESELARE Roeselare | €0.7m | €467,314 | 32.3% | 6.3 |
| JEMA Knokke-Heist | €0.9m | €316,261 | 82.0% | - |
| BOSSUYT VASTGOED Bruges | €1.2m | €700,480 | 32.3% | - |
| T.P.M. Spiere-Helkijn | €1.5m | €919,332 | 34.5% | 9 |
| ENGINEERING en IMPORT MAHIEU Wevelgem | €1.2m | €368,160 | 51.7% | 3.9 |
These companies have the same main activity as AUGUSTINUS: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €739,000 and €1.5m, founded between 1991 and 2002.
AUGUSTINUS files the abbreviated format. That format states no turnover. The gross margin rose from €7,540 in 2006 to €642,609 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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