Financials
Financial year 2025
AGC AUTOMOTIVE EUROPE from Ottignies-Louvain-la-Neuve, company number BE0442444219, closed financial year 2025 with a result of € 26.3 million after tax. For that financial year AGC AUTOMOTIVE EUROPE recorded revenue of € 743.9 million and equity of € 114.9 million. Compared with financial year 2024, the result moved from € -77,032 to € 26.3 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 114.9 million
▲ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 26.3 million
▲ still € 77,032 loss in 2024
Profit after tax over the fiscal year.
€ 1.2 million
▲ 120% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 9 million.
People and assets in 2025
133.7
▲ 2.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 23.6 million
▼ 2% vs 2024
€ 176,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 59.5 million
▲ 29% vs 2024
Loans from banks and other lenders, long and short.
€ 154.5 million
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 73 days on average.
€ 10.4 million
▼ 16% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 696,574,427 | € 765,923,725 | € 725,538,106 | € 743,944,993 | ▲ 3% |
| Profit after taxes | € -33,415,423 | € 16,267,685 | € -77,032 | € 26,256,581 | ▲ € 26.3 million |
| Equity | € 72,445,671 | € 88,713,357 | € 88,636,324 | € 114,892,905 | ▲ 30% |
| Total debts | € 313,400,195 | € 230,389,290 | € 204,365,948 | € 225,140,445 | ▲ 10% |
| Cash | € 556,868 | € 543,696 | € 537,614 | € 1,182,806 | ▲ 120% |
| Land & buildings | € 2,098 | € 1,798 | € 1,498 | € 1,199 | ▼ 20% |
| Retained profit | € -33,415,423 | € -17,147,737 | € -17,224,770 | € 9,031,811 | ▲ € 26.3 million |
| Bank debt | € 78,750,211 | € 43,000,211 | € 45,969,494 | € 59,505,170 | ▲ 29% |
| Balance sheet total | € 395,402,500 | € 324,002,322 | € 298,229,478 | € 346,100,675 | ▲ 16% |
| Employees (FTE) | 140.9 | 129.1 | 131.5 | 133.7 | ▲ 2.2 |
Key figures of AGC AUTOMOTIVE EUROPE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to AGC AUTOMOTIVE EUROPE?
What happened at AGC AUTOMOTIVE EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Emmanuelle Grandin stepped down as director. NBB
- Pierre-Yves Bemelmans stepped down as director. NBB
- Christel Dormal stepped down as director. NBB
- Jean-Marc Meunier stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 26.3 million. Source: NBB ↗
- Emmanuelle Grandin became a director. NBB
- Pierre-Yves Bemelmans became a director. NBB
- Christel Dormal became a director. NBB
In short
From € 33.4 million loss in 2022 to € 26.3 million profit in 2025.
Paid € 387,229 in corporate taxes since 2022.
Best year ever: 2025, with € 26.3 million profit.
Pays suppliers within 73 days on average.
A new publication or filing at AGC AUTOMOTIVE EUROPE? We notify you, reason included.
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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
Management
The stake of AGC GLASS EUROPE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
AGC AUTOMOTIVE EUROPEThe shares are held by AGC GLASS EUROPE (100%). It owns 100% of AGC Glass Hungary Kft., 100% of AGC AUTOMOTIVE MOROCCO, 100% of AGC OTOMOTIV ADAPAZARI ÜRETIM SAN. VE TIC. A.S., 100% of AGC Automotive Poland sp. z o.o., 49% of SPLIFAR SA and 49% of SPLIFAR HOLDING itself.
Directors
According to the 2025 annual accounts
Emmanuelle Grandin
Director
since 2023 · until 2027
since 2023 · until 2027
Christel Dormal
Director
since 2023 · until 2027
Jean-Marc Meunier
Managing director
since 2023 · until 2027
Shareholders
100%
Participations
AGC Glass Hungary Kft.
100%
AGC AUTOMOTIVE MOROCCO
100%
AGC OTOMOTIV ADAPAZARI ÜRETIM SAN. VE TIC. A.S.
100%
AGC Automotive Poland sp. z o.o.
100%
49%
49%
Establishments
Establishment units
Physical locations of this company
Avenue Jean Monnet 4
1348 Ottignies-Louvain-la-Neuve
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0442.444.219
- VAT number
- BE 0442.444.219
- Registered office
- Avenue Jean Monnet 4, 1348 Ottignies-Louvain-la-Neuve
- Names & denominations
- AGC AUTOMOTIVE EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 1990
- Peppol
- Active · Active since 24 Sept 2025
- Activities · NACE
Managementactiviteiten van holdings
Activiteiten van hoofdkantoren
Vervaardiging en bewerking van overig glas, inclusief technisch glaswerk
Vervaardiging en bewerking van ander glas (inclusief technisch glaswerk)