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V-AGM

Active
Public limited companyfounded 2023active for 3 yearsBergensesteenweg 306, 1600 Sint-Pieters-Leeuw, BelgiumKBO/BCE: BE 0805.283.211
Summary

The computed 12-month bankruptcy probability of V-AGM is 1.6% (moderate). The 2025 annual accounts show negative equity (-€56,652) and a net result of -€34,919. Its solvency ranks better than 12% of 12,777 sector peers (NACE 47, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 30-08-2023 Normal situation
Activity
Retail sale of household furniture NACE 47551and 4 others
Establishment unit
2.349.430.367 1600 Sint-Pieters-Leeuw, since 30-08-2023
Financial year end
31 December
Peppol
Reachable since 23-12-2025

Board and ownership

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.6%
Annual accounts 2025
Gross margin
€167,875
▲ 465%
Turnover
≈ €950,000
estimated
Loss
€34,919
▼ 71.3%
Equity
-€56,652
▼ 161%
Total assets
€876,458
▲ 9.0%
Staff
≈ 3.4 FTE
estimated
  • Negative equity on 31-12-2025
Score breakdownraises riskLiquidity: current ratio 1.06, cash €1,248Negative equity -€56,652Founded in 2023lowers riskSize: total assets €876,458Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 14% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 19-3
equity -6.5% of total assets
Liquidity 16=
short-term debt 63.9% · cash 0.1%
Profitability 14+14
return on assets -4.0%
Bankruptcy probability within 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 1.9% 01-2025: 2.0%▲ +0.1 percentage points vs 12-2024 02-2025: 2.3%▲ +0.3 percentage points vs 01-2025 03-2025: 2.3%● unchanged vs 02-2025 04-2025: 2.5%▲ +0.2 percentage points vs 03-2025 05-2025: 2.5%● unchanged vs 04-2025highest value 06-2025: 2.4%▼ -0.1 percentage points vs 05-2025 07-2025: 2.0%▼ -0.4 percentage points vs 06-2025 08-2025: 2.1%▲ +0.1 percentage points vs 07-2025 09-2025: 2.1%● unchanged vs 08-2025 10-2025: 2.1%● unchanged vs 09-2025 11-2025: 2.1%● unchanged vs 10-2025 12-2025: 2.1%● unchanged vs 11-2025 01-2026: 2.1%● unchanged vs 12-2025 02-2026: 2.1%● unchanged vs 01-2026 03-2026: 2.0%▼ -0.1 percentage points vs 02-2026 04-2026: 2.0%● unchanged vs 03-2026 05-2026: 1.8%▼ -0.2 percentage points vs 04-2026 06-2026: 1.9%▲ +0.1 percentage points vs 05-2026 07-2026: 1.6%▼ -0.3 percentage points vs 06-2026lowest value 08-2026: 1.6%● unchanged vs 07-2026lowest value 09-2026: 1.6%● unchanged vs 08-2026lowest value 10-2026: 1.6%● unchanged vs 09-2026 11-2026: 1.6%● unchanged vs 10-2026
No credit on open account
Liquidity is tight, with a current ratio of 1.06 (0.94 in 2024), below the usual 1.5. Short-term debt is 63.9% and cash 0.1% of total assets. Equity is negative.
Calculation

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 47, micro). It does better than 17% of them on solvency, 15% on liquidity, 19% on profitability and 4% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.06, cash €1,248
NBB · annual accounts
lowers risk · Size: total assets €876,458
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€56,652
NBB · annual accounts
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2425
2024 to 2025 · latest year -€56,652
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-06-2026, 37 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
37 days early
2024
42 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 40 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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.
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€56,652 View
  • Caution: Less equity than 92% of companies in retail tradesector median €236,633 · 12,787 companies -€56,652 View
  • Positive: Result rose in 2025from -€121,733 to -€34,919 ▲ 71.3% View

Recent changes

  1. · Gazette deed IncorporationStarting capital €100,000 · Appointments: VOLPE Antonio, VOLPE Giuseppe and 2 others
All 3 events

Comparable companies

These companies have the same main activity as V-AGM: retail sale of household furniture (NACE 47551). They are comparable in size and age: total assets between €566,000 and €895,000, founded between 2022 and 2024.

CompanyTotal assetsGross margin
V-AGM Sint-Pieters-Leeuw€876,458€167,875
BATILEO Namur€895,095€158,283
DEVHO Schelle€854,620€182,576
Carl Hansen & Søn Belgium Antwerpen€829,597€207,866
Mali Maldegem€872,935€219,457
TCM Home Seraing€814,341€243,588
BIANCADE Charleroi€565,898€143,582
Full comparison

Key facts about V-AGM

What is the company number of V-AGM?
The company number of V-AGM is 0805.283.211. The VAT number is the same number with BE in front: BE 0805.283.211.
Where is V-AGM based?
The registered office is at Bergensesteenweg 306, 1600 Sint-Pieters-Leeuw.Company details
What does V-AGM do?
According to the KBO register, the main activity is retail sale of household furniture (NACE 47551).
What is the legal form of V-AGM?
The legal form of V-AGM is Public limited company (NV).
When was V-AGM founded?
V-AGM was founded on 30-08-2023.
Is V-AGM still active?
Yes, V-AGM is an active enterprise in the KBO register.
What is the turnover of V-AGM?
The turnover in financial year 2025 is ≈ €950,000. This figure is estimated from the gross margin of €167,875 and 33 comparable companies (NACE 475). It probably lies between €730,000 and €1.4m.Financials
Is V-AGM profitable?
In financial year 2025, V-AGM made a loss of €34,919.
Where can I find the annual accounts of V-AGM?
V-AGM filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of V-AGM due?
V-AGM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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