AG-TEC is a wholesaler in Antwerpen. Public Limited, started on 29 December 1992, 1 establishment.

What is the address of AG-TEC?

The registered office of AG-TEC is located at Boomsesteenweg 174, 2610 Antwerpen.

Is AG-TEC still active?

Yes. According to the CBE (29 October 2026) AG-TEC is active, legal situation “Normale toestand”, started on 29 December 1992.

Is AG-TEC registered on Peppol?

Yes, AG-TEC is registered on the Peppol network with ID 0208:0449110691.

What is the enterprise number of AG-TEC?

The enterprise number of AG-TEC is BE0449110691.

When was AG-TEC founded?

AG-TEC was founded on 29 December 1992.

Who are the directors of AG-TEC?

According to the 2025 annual accounts, the directors of AG-TEC are: FINNAVAAL NV, Carine CELIS, Olivier DESCAMPE, Jean-Christophe SMEETS.

Is AG-TEC a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 December 1992; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did AG-TEC make in 2025?

AG-TEC posted a profit after taxes of € 2,019,237 in financial year 2025.

What is the revenue of AG-TEC?

In its most recent annual accounts (2025), AG-TEC reported revenue of € 43,597,800.

How much does an employee at AG-TEC earn?

The average wage cost per full-time employee at AG-TEC was € 109,200 in 2025: staff costs of € 2.3 million for 21.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does AG-TEC have?

According to the 2025 annual accounts, AG-TEC has 21.4 full-time equivalents (FTE).

AG-TEC (Public Limited) - Antwerpen - BE0449110691

Dossier AG-TEC, printed on 29 October 2026 from databakkes.be/en/0449110691/ag-tec. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

AG-TEC from Antwerpen, company number BE0449110691, closed financial year 2025 with a result of € 2 million after tax. For that financial year AG-TEC recorded revenue of € 43.6 million and equity of € 10.1 million. Compared with financial year 2024, the result moved from € 1.8 million to € 2 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 10, 2026.

What it is worth Growing

€ 10.1 million

▲ 25% vs 2024

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

Profit Growing

€ 2 million

▲ 14% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 3.5 million

▲ € 3.1 million vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 24,000 paid out

1 % of the profit went to the shareholders, mostly to FINNAVAAL NV (98 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

21.4

▲ 1.9 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 2 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 2.3 million

▲ 13% vs 2024

€ 109,200 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.

Vehicles and equipment

€ 55,762

▲ 57% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 4 million

▲ 289% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 38 days on average.

Taxes and wages

€ 1.2 million

▲ 34% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 14,528,498 Revenue 2022: € 14,528,498 First fiscal year in the series	€ 37,308,879 Revenue 2023: € 37,308,879 ▲ 157% vs 2022 (€ 14,528,498) Favourable step	€ 37,820,708 Revenue 2024: € 37,820,708 ▲ 1% vs 2023 (€ 37,308,879) Favourable step	€ 43,597,800 Revenue 2025: € 43,597,800 ▲ 15% vs 2024 (€ 37,820,708) Favourable step	▲ 15%
Profit after taxes	€ 446,073 Profit after taxes 2022: € 446,073 First fiscal year in the series	€ 2,004,439 Profit after taxes 2023: € 2,004,439 ▲ € 1.6 million vs 2022 (€ 446,073) Favourable step	€ 1,767,679 Profit after taxes 2024: € 1,767,679 ▼ 12% vs 2023 (€ 2,004,439) Unfavourable step	€ 2,019,237 Profit after taxes 2025: € 2,019,237 ▲ 14% vs 2024 (€ 1,767,679) Favourable step	▲ 14%
Equity	€ 4,348,133 Equity 2022: € 4,348,133 First fiscal year in the series	€ 6,328,571 Equity 2023: € 6,328,571 ▲ 46% vs 2022 (€ 4,348,133) Favourable step	€ 8,072,250 Equity 2024: € 8,072,250 ▲ 28% vs 2023 (€ 6,328,571) Favourable step	€ 10,067,486 Equity 2025: € 10,067,486 ▲ 25% vs 2024 (€ 8,072,250) Favourable step	▲ 25%
Total debts	€ 9,859,414 Total debts 2022: € 9,859,414 First fiscal year in the series	€ 4,247,878 Total debts 2023: € 4,247,878 ▼ 57% vs 2022 (€ 9,859,414) Favourable step	€ 2,663,873 Total debts 2024: € 2,663,873 ▼ 37% vs 2023 (€ 4,247,878) Favourable step	€ 6,180,234 Total debts 2025: € 6,180,234 ▲ 132% vs 2024 (€ 2,663,873) Unfavourable step	▲ 132%
Cash	€ 3,364,807 Cash 2022: € 3,364,807 First fiscal year in the series	€ 225,436 Cash 2023: € 225,436 ▼ 93% vs 2022 (€ 3,364,807) Unfavourable step	€ 369,218 Cash 2024: € 369,218 ▲ 64% vs 2023 (€ 225,436) Favourable step	€ 3,515,051 Cash 2025: € 3,515,051 ▲ € 3.1 million vs 2024 (€ 369,218) Favourable step	▲ € 3.1 million
Retained profit	€ 3,098,133 Retained profit 2022: € 3,098,133 First fiscal year in the series	€ 5,078,571 Retained profit 2023: € 5,078,571 ▲ 64% vs 2022 (€ 3,098,133) Favourable step	€ 6,822,250 Retained profit 2024: € 6,822,250 ▲ 34% vs 2023 (€ 5,078,571) Favourable step	€ 8,817,486 Retained profit 2025: € 8,817,486 ▲ 29% vs 2024 (€ 6,822,250) Favourable step	▲ 29%
Dividend	€ 24,000 Dividend 2022: € 24,000 First fiscal year in the series	€ 24,000 Dividend 2023: € 24,000 Unchanged (€ 24,000) Unchanged	€ 24,000 Dividend 2024: € 24,000 Unchanged (€ 24,000) Unchanged	€ 24,000 Dividend 2025: € 24,000 Unchanged (€ 24,000) Unchanged
Balance sheet total	€ 14,571,464 Balance sheet total 2022: € 14,571,464 First fiscal year in the series	€ 10,941,240 Balance sheet total 2023: € 10,941,240 ▼ 25% vs 2022 (€ 14,571,464) Unchanged	€ 11,112,468 Balance sheet total 2024: € 11,112,468 ▲ 2% vs 2023 (€ 10,941,240) Unchanged	€ 16,689,599 Balance sheet total 2025: € 16,689,599 ▲ 50% vs 2024 (€ 11,112,468) Unchanged	▲ 50%
Employees (FTE)	11.8 Employees (FTE) 2022: 11.8 First fiscal year in the series	20.9 Employees (FTE) 2023: 20.9 ▲ 9.1 vs 2022 (11.8) Unchanged	19.5 Employees (FTE) 2024: 19.5 ▼ 1.4 vs 2023 (20.9) Unchanged	21.4 Employees (FTE) 2025: 21.4 ▲ 1.9 vs 2024 (19.5) Unchanged	▲ 1.9

Key figures of AG-TEC, 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 AG-TEC?

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

2028 FINNAVAAL NV stepped down as director. NBB
2028 Carine CELIS stepped down as director. NBB
2028 Olivier DESCAMPE stepped down as director. NBB
2028 Jean-Christophe SMEETS stepped down as director. NBB
Jun 10, 2026 New annual accounts for financial year 2025: profit of € 2 million (▲ 14% vs 2024). Source: NBB ↗
2025 FINNAVAAL NV became a director. NBB
2025 Carine CELIS became a director. NBB
2025 Olivier DESCAMPE became a director. NBB

In short

From € 446,073 profit in 2022 to € 2 million profit in 2025.

Paid € 2.1 million in corporate taxes since 2022.

Best year ever: 2025, with € 2 million profit.

Paid out € 96,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

FINNAVAAL NV 98.3%

VALAAR NV 1.7%

AG-TEC

The shares are held by FINNAVAAL NV (98.3%) and VALAAR NV (1.7%).

Directors

According to the 2025 annual accounts

FINNAVAAL NV

Director · represented by Christian Vanderhaeghe

Owns 1.7% via VALAAR NV

Also active at: VALAAR

since 2025 · until 2028

Carine CELIS

Director

Also active at: HILAIRE VAN DER HAEGHE

since 2025 · until 2028

Olivier DESCAMPE

Director

Also active at: HILAIRE VAN DER HAEGHE, GUEDENS & VAES INVEST, LANDBOUWMACHINES GUEDENS M.

since 2025 · until 2028

Jean-Christophe SMEETS

Managing director

Also active at: HILAIRE VAN DER HAEGHE, VALAAR, GUEDENS & VAES INVEST, LANDBOUWMACHINES GUEDENS M.

since 2025 · until 2028

Shareholders

FINNAVAAL NV

98.3%

VALAAR NV · holding of FINNAVAAL NV

1.7%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Boomsesteenweg 174

2610 Antwerpen

2.135.749.958

Rue du Grand Champ, ZI, Nov. 12

5380 Fernelmont

Active since 14 January 2004

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

HILAIRE VAN DER HAEGHE same network

€ 122.7 million revenue · 2025

VALAAR same network

€ 395,968 gross margin · 2025

FINNAVAAL same network

€ 75,000 revenue · 2025

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

Details

Company number

0449.110.691

VAT number

BE 0449.110.691

Registered office

Boomsesteenweg 174, 2610 Antwerpen

Names & denominations

AG-TEC

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

29 December 1992

Peppol

Active · Active since 18 Nov 2025

Activities · NACE

Groothandel in machines, werktuigen en toebehoren voor de landbouw

Groothandel in machines, tractoren, werktuigen en toebehoren voor de landbouw

Vervaardiging van machines voor de landbouw en de bosbouw

Vervaardiging van overige machines voor de landbouw en de bosbouw

Reparatie en onderhoud van machines

Handelsbemiddeling in de groothandel in brandstoffen, ertsen, metalen en chemische producten

Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)

Verhuur en lease van landbouwmachines en -werktuigen

View on CBE Public ↗ Annual accounts (NBB) ↗

AG-TEC

Financials

What happened to AG-TEC?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions