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 3 of the last 4 fiscal years.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2025
AGM SERVICE from Zwevegem, company number BE0645751962, closed financial year 2025 with a result of € -26,214 after tax. For that financial year AGM SERVICE recorded a gross margin of € 945 and equity of € -92,389. Compared with financial year 2024, the result moved from € 542 to € -26,214. 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 March 31, 2026.
€ -92,389
▼ € 26,214 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -26,214
▼ still € 542 profit in 2024
Profit after tax over the fiscal year.
€ 75,877
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -111,589.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 131,745
▼ 70% vs 2024
€ 101,013 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 20,134
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 117,759 | € -213,728 | € 258,898 | € 945 | ▼ € 257,953 |
| Profit after taxes | € 22,867 | € -279,751 | € 542 | € -26,214 | ▼ € 26,756 |
| Equity | € 213,033 | € -66,717 | € -66,176 | € -92,389 | ▼ € 26,214 |
| Total debts | € 1,066,397 | € 1,014,970 | € 582,085 | € 323,973 | ▼ 44% |
| Cash | € 205,889 | € 76,402 | - | € 75,877 | |
| Land & buildings | € 183,768 | € 160,797 | - | - | |
| Retained profit | € 193,833 | € -85,917 | € -85,376 | € -111,589 | ▼ € 26,214 |
| Bank debt | € 699,171 | € 693,023 | € 439,348 | € 131,745 | ▼ 70% |
| Balance sheet total | € 1,279,430 | € 948,252 | € 515,910 | € 231,584 | ▼ 55% |
Key figures of AGM SERVICE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to AGM SERVICE?
What happened at AGM SERVICE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
AGM SERVICE is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2025: loss of € 26,214 (▼ € 26,756 vs 2024). Source: NBB ↗
- New establishment in Zwevegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,867 profit in 2022 to € 26,214 loss in 2025.
Paid € 6,867 in corporate taxes since 2022.
Best year ever: 2022, with € 22,867 profit.
Management
Behind AGM SERVICE is Miguel Vandoorne.
Directors
According to the 2025 annual accounts
Miguel Vandoorne
Director
Establishments
Establishment units
Physical locations of this company
Avelgemstraat(Z) 4
8550 Zwevegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0645.751.962
- VAT number
- BE 0645.751.962
- Registered office
- Avelgemstraat(Z) 4, 8550 Zwevegem
- Names & denominations
- AGM SERVICE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 8 January 2016
- Peppol
- Active · Active since 1 Jul 2026
- Activities · NACE
Elektrotechnische installatiewerken van nijverheidsinrichtingen
Dakwerkzaamheden
Schrijnwerk
Algemene elektrotechnische installatiewerken