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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
AGL from Antwerpen, company number BE0874486375, closed financial year 2025 with a result of € 71.7 million after tax. Compared with financial year 2024, the result moved from € 2.3 million to € 71.7 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 14, 2025.
€ 48.1 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 71.7 million
▲ € 69.4 million vs 2024
Profit after tax over the fiscal year.
€ 3,209
▼ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 70 million paid out
98 % of the profit went to the shareholders, mostly to Ecu Worldwide Belgium nv (100 % of the shares). That is where the money ends up.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 739,677
▲ € 591,665 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 110,164
▲ € 97,023 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € 2,735,269 | € 45,272,894 | € 2,297,145 | € 71,684,871 | ▲ € 69.4 million |
| Equity | € 38,878,956 | € 44,151,849 | € 46,448,995 | € 48,133,866 | ▲ 4% |
| Total debts | € 27,888 | € 124,549 | € 180,944 | € 47,734,772 | ▲ € 47.6 million |
| Cash | € 31,713 | € 594,496 | € 6,786 | € 3,209 | ▼ 53% |
| Retained profit | € 6,081,756 | € 11,354,649 | € 13,651,795 | € 15,336,666 | ▲ 12% |
| Dividend | € 0 | € 40,000,000 | € 0 | € 70,000,000 | |
| Balance sheet total | € 38,906,844 | € 44,276,398 | € 46,629,939 | € 95,868,638 | ▲ 106% |
Key figures of AGL, 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 October 2026.
What happened to AGL?
What happened at AGL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Saleem Mohamed Nazir Mohamedhusein stepped down as director. NBB
- Simon Sachu stepped down as director. NBB
- Simon Bajada stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 71.7 million (▲ € 69.4 million vs 2024). Source: NBB ↗
- Simon Sachu became a director. NBB
- Simon Bajada became a director. NBB
- Saleem Mohamed Nazir Mohamedhusein became a director. NBB
- New establishment in Antwerpen. KBO
In short
From € 2.7 million profit in 2022 to € 71.7 million profit in 2025.
Paid € 173,794 in corporate taxes since 2022.
Best year ever: 2025, with € 71.7 million profit.
Paid out € 110 million in dividends to the owners in total.
A new publication or filing at AGL? 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 shares are held by Ecu Worldwide Belgium nv (100%) and Ecuhold nv (0%). It owns 100% of FMA Line SA (PTY) LTD, 100% of Asiapac Equity Investments Hong Kong, 100% of Ecuhold (geauditeerd maar nog niet goedgekeurd door de AV), 100% of Asiapac Logistics Mexico SA de CV (volgens het consolidatiepackage), 100% of Oconca Container Line S.A. Ltd. (volgens het consolidatiepackage) and 100% of FMA-Line Nigeria Ltd (volgens het consolidatiepackage) itself.
Directors
According to the 2025 annual accounts
Simon Sachu
Director
since 2024 · until 2026
since 2024 · until 2026
Saleem Mohamed Nazir Mohamedhusein
Director
Also active at: Antwerp Freight Station, ECUHOLD, ECU WORLDWIDE
since 2023 · until 2029
Shareholders
Participations
FMA Line SA (PTY) LTD
100%
Asiapac Equity Investments Hong Kong
100%
Asiapac Logistics Mexico SA de CV (volgens het consolidatiepackage)
100%
Oconca Container Line S.A. Ltd. (volgens het consolidatiepackage)
100%
FMA-Line Nigeria Ltd (volgens het consolidatiepackage)
100%
Oconca Shipping (HK) Ltd. (volgens het consolidatiepackage)
100%
Almacen Y Maniobras LCL SA de CV (volgens het consolidatiepackage)
100%
Ecu Worldwide Baltics (volgens het consolidatiepackage)
50%
Asiapac Logistics El Salvador (volgens het consolidatiepackage)
0.1%
Establishments
Establishment units
Physical locations of this company
Schomhoeveweg 15
2030 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →FMA-LINE HOLDING
ECU WORLDWIDE (BELGIUM)
€ 75.1 million revenue · 2025
Antwerp Freight Station same network
€ 6.3 million revenue · 2025
ECUHOLD same network
€ 10,092 revenue · 2025
ECU INTERNATIONAL
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0874.486.375
- VAT number
- BE 0874.486.375
- Registered office
- Schomhoeveweg 15, 2030 Antwerpen
- Names & denominations
- AGL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 June 2005
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van holdings
Managementactiviteiten van holdings
Holdings