Financials
Financial year 2025
AGS from Pittem, company number BE0832869615, closed financial year 2025 with a result of € 119,381 after tax. For that financial year AGS recorded revenue of € 59.2 million and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 347,706 to € 119,381. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 1.2 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 119,381
▼ 66% vs 2024
Profit after tax over the fiscal year.
€ 170,415
▲ 14% 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 € 1.2 million.
People and assets in 2025
5.2
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 354,921
▲ 16% vs 2024
€ 68,300 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.
€ 94,144
▲ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2 million
▲ 33% vs 2024
€ 139,359 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.5 million
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 9 days on average.
€ 74,414
▲ 28% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 50,842,081 | € 76,871,809 | € 69,484,151 | € 59,193,885 | ▼ 15% |
| Profit after taxes | € 59,544 | € 286,233 | € 347,706 | € 119,381 | ▼ 66% |
| Equity | € 841,051 | € 927,284 | € 1,074,990 | € 1,194,371 | ▲ 11% |
| Total debts | € 3,670,228 | € 4,496,669 | € 3,769,463 | € 4,095,278 | ▲ 9% |
| Cash | € 292,904 | € 327,759 | € 149,279 | € 170,415 | ▲ 14% |
| Land & buildings | € 2,035 | € 1,882 | € 1,729 | € 1,577 | ▼ 9% |
| Retained profit | € 821,051 | € 907,284 | € 1,054,990 | € 1,174,371 | ▲ 11% |
| Dividend | € 0 | € 200,000 | € 200,000 | € 0 | ▼ 100% |
| Bank debt | € 825,688 | € 1,457,989 | € 1,521,309 | € 2,019,466 | ▲ 33% |
| Balance sheet total | € 4,545,433 | € 5,423,953 | € 4,844,453 | € 5,289,649 | ▲ 9% |
| Employees (FTE) | 5.2 | 4.9 | 4.8 | 5.2 | ▲ 0.4 |
Key figures of AGS, 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 AGS?
What happened at AGS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 119,381 (▼ 66% vs 2024). filed late Source: NBB ↗
- New establishment in Pittem. KBO
- Start of the company according to the CBE. KBO
In short
From € 59,544 profit in 2022 to € 119,381 profit in 2025.
Paid € 164,832 in corporate taxes since 2022.
Best year ever: 2024, with € 347,706 profit.
Paid out € 400,000 in dividends to the owners in total.
A new publication or filing at AGS? 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 BRABANT RUBEN, DESAFIO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
AGSBehind AGS are DESAFIO BV and BRABANT RUBEN BV. The shares are held by BRABANT RUBEN (50%) and DESAFIO (50%). It owns 100% of DELT@PORC, 66.7% of PORC@, 50% of 4PIGS and 50% of MENAPII itself.
Directors
According to the 2025 annual accounts
Director · represented by PETER KERKHOF
Shareholders
50%
50%
Establishments
Establishment units
Physical locations of this company
Vijfstraat 8
8740 Pittem
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
- 0832.869.615
- VAT number
- BE 0832.869.615
- Registered office
- Vijfstraat 8, 8740 Pittem
- Names & denominations
- AGS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 January 2011
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
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