Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 61 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
A.G.Mat from Fernelmont, company number BE0776649603, closed financial year 2025 with a result of € 137,666 after tax. For that financial year A.G.Mat recorded a gross margin of € 799,071 and equity of € 413,485. Compared with financial year 2024, the result moved from € 86,424 to € 137,666. 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 29, 2026.
€ 413,485
▲ 50% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 137,666
▲ 59% vs 2024
Profit after tax over the fiscal year.
€ 191,055
▲ 285% 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 € 393,485.
People and assets in 2025
9
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 547,652
▲ 4% vs 2024
€ 60,900 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.
€ 67,249
▲ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 290,393
▲ 40% vs 2024
€ 83,162 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 274,276
▲ 277% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 92,310
▲ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 410,643 | € 631,190 | € 692,074 | € 799,071 | ▲ 15% |
| Profit after taxes | € 74,395 | € 95,000 | € 86,424 | € 137,666 | ▲ 59% |
| Equity | € 94,395 | € 189,395 | € 275,818 | € 413,485 | ▲ 50% |
| Total debts | € 691,402 | € 587,596 | € 628,705 | € 893,117 | ▲ 42% |
| Cash | € 236,001 | € 43,608 | € 49,622 | € 191,055 | ▲ 285% |
| Retained profit | € 74,395 | € 169,395 | € 255,818 | € 393,485 | ▲ 54% |
| Bank debt | € 221,692 | € 223,447 | € 207,729 | € 290,393 | ▲ 40% |
| Balance sheet total | € 785,797 | € 776,990 | € 904,523 | € 1,306,602 | ▲ 44% |
| Employees (FTE) | 4.9 | 6.8 | 9.1 | 9 | ▼ 0.1 |
Key figures of A.G.Mat, 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 A.G.Mat?
What happened at A.G.Mat in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 137,666 (▲ 59% vs 2024). Source: NBB ↗
- New establishment in Fernelmont. KBO
- Boris JOSKIN became a director. NBB
- Thomas VERVECKEN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 74,395 profit in 2022 to € 137,666 profit in 2025.
Paid € 102,565 in corporate taxes since 2022.
Best year ever: 2025, with € 137,666 profit.
On average € 88,800 of value added per employee in 2025.
Management
Behind A.G.Mat are Boris JOSKIN and Thomas VERVECKEN.
Directors
According to the 2025 annual accounts
Boris JOSKIN
Director
since 2021
Thomas VERVECKEN
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Rue de la Tour, ZI, Nov. 3
5380 Fernelmont
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
OVH, FR
Website info
Features
Security
Details
- Company number
- 0776.649.603
- VAT number
- BE 0776.649.603
- Registered office
- Rue de la Tour, ZI, Nov. 3, 5380 Fernelmont
- Names & denominations
- A.G.Mat
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 October 2021
- Peppol
- Active · Active since 8 Dec 2025
- Contact
- ag-mat.be
- Activities · NACE
Vervaardiging van andere machines voor specifieke doeleinden neg
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Groothandel in gereedschapswerktuigen
Vervaardiging van elektrisch handgereedschap
Reparatie en onderhoud van machines
Groothandel in andere machines en werktuigen, neg
Groothandel in andere machines en werktuigen, n.e.g.