AG HEATING
The computed 12-month bankruptcy probability of AG HEATING is 1.8% (moderate). The 2024 annual accounts show equity of €319k and a net result of €61k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 37% of 11120 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €319k |
| Net result | €61k |
| Better than sector | 37% |
| Active | 11 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 30.5% | 40.9% | |
| Net result | €61k | €11k | |
| Equity | €319k | €34k | |
| Gross operating margin | €288k | €35k | |
| Staff costs | €133k | €24k |
Show 11 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €125k |
| Net profit | €61k |
| Cash flow | €80k |
| Staff costs | €133k |
| Income taxes | €33k |
| Dividends | - |
| Total assets | €1.05M |
| Equity | €319k |
| Debt | €728k |
| of which ≤ 1y | €301k |
| of which > 1y | €427k |
| Working capital | €216k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.72 |
| Quick ratio | 1.70 |
| Working capital ratio | 20.6% |
| Solvency | 30.5% |
| Debt / equity | 2.28 |
| Long-term debt ratio | 1.34 |
| Interest coverage | 10.43 |
| Gross margin | - |
| Net margin | - |
| ROA | 5.8% |
| ROE | 19.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (25 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.05M |
| Fixed assets | 21/28 | €530k |
| Tangible fixed assets | 22/27 | €475k |
| Financial fixed assets | 28 | €55k |
| Current assets | 29/58 | €517k |
| Stocks & contracts in progress | 3 | €6k |
| Amounts receivable within one year | 40/41 | €346k |
| Cash & bank | 54/58 | €114k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.05M |
| Equity | 10/15 | €319k |
| Contributions / capital | 10/11 | €8k |
| Reserves | 13 | €240k |
| Accumulated profits (losses) | 14 | €71k |
| Amounts payable | 17/49 | €728k |
| Amounts payable after one year | 17 | €427k |
| Amounts payable within one year | 42/48 | €301k |
| Trade debts payable within one year | 44 | €118k |
| Income statement | ||
| Gross operating margin | 9900 | €288k |
| Operating result | 9901 | €106k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €12k |
| Result before taxes | 9903 | €94k |
| Income taxes | 67/77 | €33k |
| Net result for the period | 9904 | €61k |
| Result to be appropriated | 9905 | €61k |
-
Lucian BINJAKUAssocié actifState Gazette act 20131687 (09-11-2020)Current09-11-2020 → present
-
TUDA AgertDirectorState Gazette act 24351630 (02-02-2024)Current08-08-2017 → present
2 events
- 02-02-2024 Appointed· Director
- 08-08-2017 Appointed· Associé actif
Historic, not recently confirmed (3)
-
Liko DANEAssocié actifState Gazette act 20024795 (13-02-2020)Not recently confirmedlast confirmed in an act from 2020
-
Andrea MONSAssocié actifState Gazette act 19123052 (16-09-2019)Not recently confirmedlast confirmed in an act from 2019
-
Nevila ALUSHIAssocié actifState Gazette act 17115191 (08-08-2017)Not recently confirmedlast confirmed in an act from 2017
Former directors (8)
-
BINJACU LuçianDirectorState Gazette act 25020067 (07-02-2025)Former- → 07-02-2025
-
Astrit TUDAAssocié actifState Gazette act 19062774 (09-05-2019)Former09-05-2019 → 26-01-2022
2 events
- 26-01-2022 Resigned· Associé actif
- 09-05-2019 Appointed· Associé actif
-
Bernard PADOVANIAssocié actifState Gazette act 21029130 (05-03-2021)Former05-03-2021 → 18-08-2021
2 events
- 18-08-2021 Resigned· Associé actif
- 05-03-2021 Appointed· Associé actif
-
Andréa MONSDirectorState Gazette act 20131687 (09-11-2020)Former- → 09-11-2020
-
Kjani ABDULIAssocié actifState Gazette act 15066158 (11-05-2015)Former11-05-2015 → 14-12-2018
2 events
- 14-12-2018 Resigned· Associé actif
- 11-05-2015 Appointed· Associé actif
| NACE primary | Sanitaire werkzaamheden(43221) |
| Legal form | Private limited company(610) |
| Incorporation | 12-09-2014 |
| Status | Active |
| Postal code | 1000 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21463D0284/00D013 | Brussels | 276 m² | 1 · 61 m² | 16.8 m · 4 fl. |
| 21004A0289/00A000 | Brussels | 36 m² | - | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 20 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
07-02-2025 BINJACU Luçian resigns as director
- BINJACU Luçian, Bestuurder
Technical details
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}02-02-2024 TUDA Agert appointed as director
- TUDA Agert, Bestuurder
Technical details
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}26-01-2022 Transaction in capital or shares
Technical details
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}18-08-2021 Transaction in capital or shares
Technical details
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}05-03-2021 Transaction in capital or shares
Technical details
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}09-11-2020 1 director appointed, 1 resigning
- Lucian BINJAKU, Associé actif
- Andréa MONS
Technical details
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}13-02-2020 Liko DANE appointed as associé actif
- Liko DANE, Associé actif
Technical details
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}16-09-2019 Andrea MONS appointed as associé actif
- Andrea MONS, Associé actif
Technical details
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}09-05-2019 Transaction in capital or shares
Technical details
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}14-12-2018 Kjani ABDULI resigns as associé actif
- Kjani ABDULI, Associé actif
Technical details
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}16-01-2018 Henri SNALLA resigns as associé actif
- Henri SNALLA, Associé actif
Technical details
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}29-11-2017 Registered office moved within BRUXELLES
- CHAUSSEE D'ANVERS 345 BTE 5-1000 BRUXELLES → BOULEVARD DE SMET DE NAAYER 179 bte 1 à 1090 Bruxelles
Technical details
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"region": "brussels_hoofdstedelijk_gewest",
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"postcode": "1090",
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"box_number": "5",
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"effective_date": "2017-11-08",
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale approuve la proposition du pr\u00E9sident. Le pr\u00E9sident expose le transfert du si\u00E8ge social \u00E0 la nouvelle adresse : Boulevard de Smet de Naeyer 179 bte 1 \u00E0 1090 Bruxelles.",
"region_changed": false,
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"effective_date_qualifier": "absolute",
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"notary": {
"name": "Agert TUDA",
"firm_city": null,
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},
"act_meta": {
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"pub_date": "2017-11-29",
"filing_date": "2017-11-16",
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"decision": {
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"co_filed_documents": [
"Proc\u00E8s-verbal d\u0027assembl\u00E9e g\u00E9n\u00E9rale extraordinaire du 08/11/2017"
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}08-08-2017 Transaction in capital or shares
Technical details
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}04-05-2017 Yunus CAGLAYAN resigns as associé actif
- Yunus CAGLAYAN, Associé actif
Technical details
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}25-11-2016 Rezeart DINI appointed as associé actif
- Rezeart DINI, Associé actif
Technical details
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}09-09-2016 Transaction in capital or shares
Technical details
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}07-12-2015 Yunus CAGLAYAN appointed as associé actif
- Yunus CAGLAYAN, Associé actif
Technical details
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}11-05-2015 Kjani ABDULI appointed as associé actif
- Kjani ABDULI, Associé actif
Technical details
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}| Legal nameFR | AG HEATING |