Financials
Financial year 2025
AGCO finance from Mechelen, company number BE0849792254, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year AGCO finance recorded revenue of € 5.5 million and equity of € 5.7 million. Compared with financial year 2024, the result moved from € 970,067 to € 1.1 million. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 4, 2026.
€ 5.7 million
▲ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▲ 11% vs 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 4.8 million.
Debts at end 2025
€ 73.2 million
▲ 36% vs 2024
€ 20.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1.4 million
▲ € 1.4 million vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 774 days on average.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 2,217,058 | € 2,773,179 | € 4,068,308 | € 5,528,478 | ▲ 36% |
| Profit after taxes | € 641,169 | € 437,168 | € 970,067 | € 1,078,112 | ▲ 11% |
| Equity | € 3,191,428 | € 3,628,596 | € 4,598,662 | € 5,676,774 | ▲ 23% |
| Total debts | € 40,165,770 | € 38,452,654 | € 54,349,672 | € 74,904,457 | ▲ 38% |
| Retained profit | € 2,291,428 | € 2,728,596 | € 3,698,662 | € 4,776,774 | ▲ 29% |
| Bank debt | € 37,347,578 | € 35,822,644 | € 53,720,115 | € 73,231,628 | ▲ 36% |
| Balance sheet total | € 43,362,551 | € 42,081,754 | € 58,956,223 | € 80,583,257 | ▲ 37% |
Key figures of AGCO finance, 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 AGCO finance?
What happened at AGCO finance in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Hanneke ter Velde stepped down as director. NBB
- Sjoerd van der Zee stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.1 million (▲ 11% vs 2024). Source: NBB ↗
- Hanneke ter Velde became a director. NBB
- Catherine Meyers stepped down as director. NBB
- Catherine Meyers became a director. NBB
- Sjoerd van der Zee became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 641,169 profit in 2022 to € 1.1 million profit in 2025.
Paid € 1 million in corporate taxes since 2022.
Best year ever: 2025, with € 1.1 million profit.
Management
The stake of DE LAGE LANDEN LEASING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
AGCO financeThe shares are held by DE LAGE LANDEN LEASING (0%).
Directors
According to the 2025 annual accounts
Hanneke ter Velde
Director
since 2025 · until 2027
since 2024 · until 2025
Sjoerd van der Zee
Director
since 2024 · until 2027
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Blarenberglaan 3 box C
2800 Mechelen
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0849.792.254
- VAT number
- BE 0849.792.254
- Registered office
- Blarenberglaan 3 bus C, 2800 Mechelen
- Names & denominations
- AGCO finance
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 October 2012
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
Verhuur en lease van landbouwmachines en -werktuigen
Verhuur en lease van vrachtwagens