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A-GROUP

Active Risk: not assessed Private limited companyfounded 2010active for 15 yearsVantegemstraat 19, 9230 WetterenKBO/BCE: BE 0832.133.009 subsidiary of A-GROUP INVEST#3 company by total assets in Wetteren, Finance and insurance sector
Part of the group A-GROUP INVEST 13 companies
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Lifetime

4 annual accounts with figures on one time axis
peak €27.4m (2025)
€27.4m▲ 73.9%
peak €4.9m (2025)
€4.9m▲ 141%
peak €12.0m (2018)
€5.4m▲ 13×
€22.0m▲ 43.7%
peak 1.3 FTE (2025)
1.3 FTE▲ 333%
Board6 names since 2010
Owners
Documentsfilings and deeds
24-08-202624 days late
2025financial year
Turnover from €5,000 to €589,708Result from €2.1m to €4.9mStaff from 0.3 FTE to 1.3 FTEAmendment of the articles 11-12Equity from €414,822 to €5.4mDebts from €15.3m to €22.0m

Key points

from the 2025 annual accounts

Equity

€5.4m from €12.0m in 2018

Equity fell by 56% in 7 years.

Turnover

€589,708 ▲ 118×
€5,0002024€590,0002025

Turnover rose in 2025 from €5,000 to €589,708.

Debts

€22.0m 80% of the balance sheet
Financial debts 24%Suppliers 0%Taxes and wages 0%Other 76%

€5.8m of the debts are secured on the company's own assets. In 2023 that was €3.4m.

Staff

2 employees on 31-12-2025
102024102025

In 2025, 1 person joined and nobody left.

Payment terms

26 days to suppliers
Suppliers
137 to 26
Customers
466 to 442

A-GROUP pays its suppliers 111 days earlier than in 2024. Customers pay 24 days earlier.

Filings

4 annual accounts 3 late
AprilJune31 JulyOctober20202025

The 2023 accounts came latest: 30 days after the end of the period.

Financial institution: outside the modelBankruptcy probability: sector outside the modelNet result +141%: branch of activity transferred

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.

Bankruptcy probability within 12 months

The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

1 signal.
raises risk
raises risk · 2025 accounts filed 24 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2025
24 days late
2024
29 days late
2023
30 days late
2018
21 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 16 days after the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

GD
Director, since 29-03-2024
GI
Director, since 29-03-2024
GK
Director, since 29-03-2024
FB
Auditor, Ann De Causmaecker

Shares in 9 companies, including A 2 and A.B.O.G.

Board & ownership

Recent changes

Reappointment: FIGURAD BEDRIJFSREVISOREN BV (statutory auditor) Permanent representative: Ann De Causmaecker · General meeting of 21-08-2026 · Gazette deed
Amendment of the articles Appointments: GOVAERT, Ignace Herman Lieve; GOVAERT, Kristof Clement Rita and GOVAERT, Didier Jozef Jacqueline Martha · A-GROUP INVEST holds all the shares · General meeting of 24-11-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0832133009
Demerger: GOVIN splits off to GovEst Founding capital of €14,343,394.73 · Company renamed from GOVIN to A-Group · Appointments: FIGURAD BEDRIJFSREVISOREN (statutory auditor), GOVAERT Willy René Jean (director) and GOOSSENS Geertrui Renata Martina (director) · Permanent representative: DE CAUSMAECKER Ann · General meeting of 30-04-2024 · Gazette deed
All 17 events

Comparable companies

same main activity, similar in size and age
Company
A-GROUP Wetteren €589,708 -8.2% 19.6% 1.3
ILLOCHROMA HAONENG EUROPE Genk €620,880 - 8.7% 1.6
LCM-PROJECTS Aalter €490,637 -33.4% 70.6% 1.8
DEKEYSER INVEST Lokeren €715,509 30.5% 69.4% 1
Partners in Coating Aalst €976,000 70.9% 36.1% 1
DEN DAM HOLDING Beerse €622,257 28.9% 87.8% 0.8
THOVIN Diksmuide €398,883 33.5% 99.9% 1
-10%0%10%20%€500,000€5m€50m€500mA-GROUPEBIT margin

Grey: the largest companies of the sector (financial services (NACE 64)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as A-GROUP: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €16m and €34m, founded between 2009 and 2011.

Official details

Source: KBO
Status
Active since 22-12-2010Normal situation
Registered office
12 active companies are registered at this addressSource: KBO register, as of 10 November 2026.
Activity
Activities of holding companiesNACE 64210and 4 others
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.197.207.5749230 Wetteren, since 09-12-2010
Financial year end
31 December
Peppol
Reachable since 23-11-2025
Company details

Annual accounts 2025

€27.4m▲ 73.9%
Employeeson 31-12-2025
2▲ 100%
Filing
Filed on 24-08-2026
Financials

Companies linked to A-GROUP

Insights on A-GROUP

Solvency rose in 2025 from 2.6% to 19.6% because of the retained profit.

A-GROUP INVEST holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about A-GROUP

What is the company number of A-GROUP?
The company number of A-GROUP is 0832.133.009. The VAT number is the same number with BE in front: BE 0832.133.009.
Where is A-GROUP based?
The registered office is at Vantegemstraat 19, 9230 Wetteren.Company details
What does A-GROUP do?
According to the KBO register, the main activity is activities of holding companies (NACE 64210).
What is the legal form of A-GROUP?
A-GROUP is a private limited company (BV).
When was A-GROUP founded?
A-GROUP was founded on 22-12-2010.
Is A-GROUP still active?
Yes, A-GROUP is an active enterprise in the KBO register.
How many employees does A-GROUP have?
A-GROUP had an average of 1.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does A-GROUP fall under?
In its 2025 annual accounts, A-GROUP states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of A-GROUP?
The turnover of A-GROUP was €589,708 in financial year 2025, according to the filed annual accounts.
Is A-GROUP profitable?
In financial year 2025, A-GROUP made a profit of €4.9m.
Where can I find the annual accounts of A-GROUP?
A-GROUP filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of A-GROUP due?
A-GROUP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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