What does AG - ELEC do?

AG - ELEC is an electrical contractor in Verviers. Private Limited, started on 17 March 1999, 1 establishment.

What is the address of AG - ELEC?

The registered office of AG - ELEC is located at Chemin du Trou du Renard 18, 4800 Verviers.

Is AG - ELEC still active?

No. The CBE lists AG - ELEC with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.

Is AG - ELEC registered on Peppol?

No, AG - ELEC is currently not registered on the Peppol network.

What is the enterprise number of AG - ELEC?

The enterprise number of AG - ELEC is BE0465654636.

When was AG - ELEC founded?

AG - ELEC was founded on 17 March 1999.

Who are the directors of AG - ELEC?

According to the 2024 annual accounts, the directors of AG - ELEC are: ALAIN GRÜN.

Is AG - ELEC a reliable company?

Databakkes does not pass judgement; this is what the sources say: Opening faillissement according to the CBE, started on 17 March 1999; 4 annual accounts filed, latest fiscal year 2024; 1 directors known from the annual account.

How much profit did AG - ELEC make in 2024?

AG - ELEC recorded a loss after taxes of € 15,983 in financial year 2024.

What is the revenue of AG - ELEC?

As a small company, AG - ELEC is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 20,900.

AG - ELEC (Private Limited) - Verviers - BE0465654636

Dossier AG - ELEC, printed on 29 September 2026 from databakkes.be/en/0465654636/ag-elec. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2023 and 2024.
Tight liquidity NBB

Cash and receivables cover 16 % of short-term debt in 2024; threshold 65 %.
Legal situation KBO

Opening faillissement according to the CBE.

Financials

Financial year 2024

AG - ELEC from Verviers, company number BE0465654636, closed financial year 2024 with a result of € -15,983 after tax. For that financial year AG - ELEC recorded a gross margin of € 20,900 and equity of € -57,006. Compared with financial year 2023, the result moved from € -18,000 to € -15,983. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2025.

What it is worth Caution

€ -57,006

▼ € 15,983 vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -15,983

▲ 11 % less loss than in 2023

Profit after tax over the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -77,006.

People and assets in 2024

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 25,482

▲ 2% vs 2023

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 5,510

▼ 47% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 1 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 50,299

▼ 3% vs 2023

€ 4,785 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 36,172

▲ 15% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 2,659

▼ 55% vs 2023

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 14,848 Gross margin 2021: € 14,848 First fiscal year in the series	€ 29,743 Gross margin 2022: € 29,743 ▲ 100% vs 2021 (€ 14,848) Favourable step	€ 20,198 Gross margin 2023: € 20,198 ▼ 32% vs 2022 (€ 29,743) Unfavourable step	€ 20,900 Gross margin 2024: € 20,900 ▲ 3% vs 2023 (€ 20,198) Favourable step	▲ 3%
Profit after taxes	€ -6,904 Profit after taxes 2021: € -6,904 First fiscal year in the series	€ -4,887 Profit after taxes 2022: € -4,887 ▲ € 2,017 vs 2021 (€ -6,904) Favourable step	€ -18,000 Profit after taxes 2023: € -18,000 ▼ € 13,112 vs 2022 (€ -4,887) Unfavourable step	€ -15,983 Profit after taxes 2024: € -15,983 ▲ € 2,016 vs 2023 (€ -18,000) Favourable step	▲ € 2,016
Equity	€ -18,136 Equity 2021: € -18,136 First fiscal year in the series	€ -23,023 Equity 2022: € -23,023 ▼ € 4,887 vs 2021 (€ -18,136) Unfavourable step	€ -41,023 Equity 2023: € -41,023 ▼ € 18,000 vs 2022 (€ -23,023) Unfavourable step	€ -57,006 Equity 2024: € -57,006 ▼ € 15,983 vs 2023 (€ -41,023) Unfavourable step	▼ € 15,983
Total debts	€ 95,953 Total debts 2021: € 95,953 First fiscal year in the series	€ 91,661 Total debts 2022: € 91,661 ▼ 4% vs 2021 (€ 95,953) Favourable step	€ 105,107 Total debts 2023: € 105,107 ▲ 15% vs 2022 (€ 91,661) Unfavourable step	€ 95,470 Total debts 2024: € 95,470 ▼ 9% vs 2023 (€ 105,107) Favourable step	▼ 9%
Land & buildings	€ 9,895 Land & buildings 2021: € 9,895 First fiscal year in the series	€ 7,879 Land & buildings 2022: € 7,879 ▼ 20% vs 2021 (€ 9,895) Unchanged	€ 5,862 Land & buildings 2023: € 5,862 ▼ 26% vs 2022 (€ 7,879) Unchanged	€ 4,801 Land & buildings 2024: € 4,801 ▼ 18% vs 2023 (€ 5,862) Unchanged	▼ 18%
Retained profit	€ -38,136 Retained profit 2021: € -38,136 First fiscal year in the series	€ -43,023 Retained profit 2022: € -43,023 ▼ € 4,887 vs 2021 (€ -38,136) Unfavourable step	€ -61,023 Retained profit 2023: € -61,023 ▼ € 18,000 vs 2022 (€ -43,023) Unfavourable step	€ -77,006 Retained profit 2024: € -77,006 ▼ € 15,983 vs 2023 (€ -61,023) Unfavourable step	▼ € 15,983
Bank debt	€ 62,274 Bank debt 2021: € 62,274 First fiscal year in the series	€ 49,410 Bank debt 2022: € 49,410 ▼ 21% vs 2021 (€ 62,274) Favourable step	€ 51,695 Bank debt 2023: € 51,695 ▲ 5% vs 2022 (€ 49,410) Unfavourable step	€ 50,299 Bank debt 2024: € 50,299 ▼ 3% vs 2023 (€ 51,695) Favourable step	▼ 3%
Balance sheet total	€ 77,817 Balance sheet total 2021: € 77,817 First fiscal year in the series	€ 68,638 Balance sheet total 2022: € 68,638 ▼ 12% vs 2021 (€ 77,817) Unchanged	€ 64,084 Balance sheet total 2023: € 64,084 ▼ 7% vs 2022 (€ 68,638) Unchanged	€ 38,464 Balance sheet total 2024: € 38,464 ▼ 40% vs 2023 (€ 64,084) Unchanged	▼ 40%

Key figures of AG - ELEC, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to AG - ELEC?

What happened at AG - ELEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

AG - ELEC is active according to the CBE. Legal situation: Opening faillissement.

Aug 27, 2025 New annual accounts for financial year 2024: loss of € 15,983. filed late Source: NBB ↗
Apr 27, 1999 New establishment in Verviers. KBO
Mar 17, 1999 Start of the company according to the CBE. KBO

In short

From € 6,904 loss in 2021 to € 15,983 loss in 2024.

Original PDFs at the National Bank ↗

A new publication or filing at AG - ELEC? We notify you, reason included.

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My folder 3 companies

De Lijn 8 June 2026 New annual account 2025

filed on 8 June 2026

What was left

€ 20 k ▼ 91%
Money in the bank

€ 178 k ▼ 98%

Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit

Real filings at the National Bank

Management

ALAIN GRÜN

AG - ELEC

Behind AG - ELEC is ALAIN GRÜN.

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Directors

According to the 2024 annual accounts

ALAIN GRÜN

Manager

Establishments

Establishment units

Physical locations of this company

Registered office

Chemin du Trou du Renard 18

4800 Verviers

2.090.859.051

Chemin du Trou du Renard 4

4800 Verviers

Active since 27 April 1999

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0465.654.636

VAT number

BE 0465.654.636

Registered office

Chemin du Trou du Renard 18, 4800 Verviers

Names & denominations

AG - ELEC

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Opening faillissement

Start date

17 March 1999

Peppol

Not registered

Activities · NACE

Algemene elektrotechnische installatiewerken

Elektrische installatie

View on CBE Public ↗ Annual accounts (NBB) ↗

AG - ELEC

Warning lights

Financials

What happened to AG - ELEC?

Know what changes at your customers, suppliers and competitors. Without reading an annual account.

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions