Financials
Financial year 2025
TEAM AGP from Kortrijk, company number BE0776957330, closed financial year 2025 with a result of € -16,530 after tax. For that financial year TEAM AGP recorded a gross margin of € 2,127 and equity of € 10,337. Compared with financial year 2024, the result moved from € 13,847 to € -16,530. The company made a loss. The buffer shrank hard: equity is 62 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 18, 2026.
€ 10,337
▼ 62% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -16,530
▼ still € 13,847 profit in 2024
Profit after tax over the fiscal year.
€ 16,046
▲ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2,063.
People and assets in 2025
€ 16,782
▼ 73% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 44,735
▼ 34% vs 2024
€ 25,962 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 35,537
▼ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 19,432 | € 46,459 | € 45,438 | € 2,127 | ▼ 95% |
| Profit after taxes | € 621 | € -2 | € 13,847 | € -16,530 | ▼ € 30,377 |
| Equity | € 13,021 | € 13,019 | € 26,867 | € 10,337 | ▼ 62% |
| Total debts | € 133,467 | € 118,807 | € 136,255 | € 82,571 | ▼ 39% |
| Cash | € 9,838 | € 8,435 | € 13,359 | € 16,046 | ▲ 20% |
| Retained profit | € 621 | € 619 | € 14,467 | € -2,063 | ▼ € 16,530 |
| Bank debt | € 65,574 | € 41,071 | € 68,283 | € 44,735 | ▼ 34% |
| Balance sheet total | € 146,488 | € 131,826 | € 163,122 | € 92,908 | ▼ 43% |
Key figures of TEAM AGP, 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 TEAM AGP?
What happened at TEAM AGP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 16,530 (▼ € 30,377 vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 621 profit in 2022 to € 16,530 loss in 2025.
Paid € 7,156 in corporate taxes since 2022.
Best year ever: 2024, with € 13,847 profit.
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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 Tegelwerken Buyck, AGPLM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TEAM AGPBehind TEAM AGP are AGPLM BV and Tegelwerken Buyck BV. The shares are held by Tegelwerken Buyck (50%) and AGPLM (50%).
Directors
According to the 2025 annual accounts
Director
Director
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bergstraat(Mar) 84
8510 Kortrijk
Don Boscolaan(Kor) 1
8500 Kortrijk
Active since 9 November 2021
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.
Details
- Company number
- 0776.957.330
- VAT number
- BE 0776.957.330
- Registered office
- Bergstraat(Mar) 84, 8510 Kortrijk
- Names & denominations
- TEAM AGP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 November 2021
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden