A.G. CONSTRUCT · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of A.G. CONSTRUCT is 3.9% (moderate). The 2025 annual accounts show equity of €40k and a net result of €599. Equity is growing by ~27.4% per year across the filed fiscal years. Its solvency ranks better than 77% of 115 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Signals

3 signals · with evidence

Strong solvency vs sector

Solvency is in the sector's strongest quartile: better than 77% of 115 peers (2025). A comfortable equity buffer.

View the sector comparison

Consistently profitable

Positive net result in the two most recent financial years (2024 and 2025).

View the result trend

Growing equity

Equity grew over 2023-2025. Profits are largely retained rather than distributed.

View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-01-2026, 26 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

How we compute the deadline

The year end is derived from 4 filed financial years, each closing on 30-06. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-06-2025, that is 31-01-2026.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
30-06-2025	31-01-2026	05-01-2026	26 d early	2026-00000641
30-06-2024	31-01-2025	29-01-2025	2 d early	2025-00013831
30-06-2023	31-01-2024	30-01-2024	1 d early	2024-00019636
30-06-2022	31-01-2023	31-01-2023	on the day	2023-00014750

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2021, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

3.9% Moderate

0%0,5%1,5%4%10%≥25%

Young company +Higher-failure-rate sector +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Turnover€75k-54.2%

EBIT margin1.4%-10.4pp

Net result€599-96.2%

Working capital€40k+1.5%

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 05-01-2026 with the NBB · fiscal year 2025 · volledig

RevenueOperating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~27.4%/year over 4 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 43, Specialised construction · compared within the same schema type (full schema)

Metric	This company	Sector median	Position in the sector
Solvency	56.4%	40.2%	better than 77% of 115 sector peers
Net result	€599	€25k	better than 24% of 114 sector peers
Equity	€40k	€123k	better than 24% of 115 sector peers
Gross operating margin	€1k	€147k	better than 8% of 105 sector peers
Staff costs	€81	€214k	higher than 5% of 82 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P77

Stable position over 2022-2025 · n=115-498

Net result P24

Stable position over 2022-2025 · n=114-496

Equity P24

Stable position over 2022-2025 · n=115-498

Gross operating margin P8

Stable position over 2022-2025 · n=105-467

Describes the position versus peers, not a forecast.

Revenue

€75k

-54.2% 22-25

Net profit

€599

-96.2% 22-25

Total assets

€71k

-41.1% 22-25

Equity

€40k

+1.5% 22-25

Working capital

€40k

+1.5% 22-25

Staff costs

€81

+102.5% 22-25

Income taxes

€279

-93.0% 22-25

Debt

€31k

-61.8% 22-25

Debt ≤ 1y

€31k

-61.8% 22-25

Current ratio

2.29

+54.0% 22-25

Quick ratio

2.29

+54.0% 22-25

Solvency

56.4%

+72.2% 22-25

Debt / equity

0.77

-62.3% 22-25

ROE

1.5%

-96.3% 22-25

ROA

0.8%

-93.6% 22-25

Net margin

0.8%

-91.7% 22-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	volledig
Revenue	€75k
EBITDA	-
Net profit	€599
Cash flow	-
Staff costs	€81
Income taxes	€279
Dividends	-
Total assets	€71k
Equity	€40k
Debt	€31k
of which ≤ 1y	€31k
of which > 1y	-
Working capital	€40k
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	2.29
Quick ratio	2.29
Working capital ratio	56.1%
Solvency	56.4%
Debt / equity	0.77
Long-term debt ratio	-
Interest coverage	-
Gross margin	1.5%
Net margin	0.8%
ROA	0.8%
ROE	1.5%
EBITDA margin	-
Days sales outstanding	268d
Days payable outstanding	49d
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €188 · 0.3% Current assets €71k · 99.7%

Equity & liabilities

Equity €40k · 56.4% Debt €31k · 43.6%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€71k
Fixed assets	21/28	€188
Financial fixed assets	28	€188
Current assets	29/58	€71k
Amounts receivable within one year	40/41	€55k
Cash & bank	54/58	€125
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€71k
Equity	10/15	€40k
Contributions / capital	10/11	€5k
Accumulated profits (losses)	14	€35k
Amounts payable	17/49	€31k
Amounts payable within one year	42/48	€31k
Trade debts payable within one year	44	€10k
Income statement
Turnover	70	€75k
Gross operating margin	9900	€1k
Operating result	9901	€1k
Financial charges	65	€175
Result before taxes	9903	€878
Income taxes	67/77	€279
Net result for the period	9904	€599
Result to be appropriated	9905	€599

You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

78 / 100 Excellent

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Van Swaestraat 411090 Jette

Establishment units

1 location

A.G. CONSTRUCT

Van Swaestraat 41 3ème ét, 1090 JetteVervaardiging van metalen constructiewerken of gebinten voor de bouw

since 20212.314.569.854

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area1,107 m²

Buildings1

Building footprint1,110 m²

Volume (LiDAR)13,591 m³

Tallest building23.0 m · ±6 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21464D0127/00R009	Brussels	1,107 m²	1 · 1,110 m²	23.0 m · 6 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes

64 / 100

Strong profile, led by solvency.

All 5 axes are computed from data Checked has read.

Health 78

Profitability 18

Solvency 97

Growth 35

Stability 94

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

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We hold annual accounts for 1,966 of the 15,530 companies in this sector. 1,754 of them are within a factor 10 of this company's equity.

See full sector →

Company registry

Company registry (CBE)

Crossroads Bank

Activities

Overige gespecialiseerde bouwactiviteiten, neg43990Overige gespecialiseerde bouwwerkzaamheden43999Algemene reiniging van gebouwen81210Algemene reiniging van gebouwen81210

Primary activity highlighted.

Names & trade names

Legal nameFR

A.G. CONSTRUCT

Registered office

Van Swaestraat 41 bus 3e étage

1090 Jette, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.