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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.
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Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2026
AGL from Antwerpen, company number BE0874486375, closed financial year 2026 with a result of € 481,300 after tax. Compared with financial year 2025, the result moved from € 71.7 million to € 481,300. The company is profitable. 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 October 5, 2026.
€ 48.6 million
▲ 1% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 481,300
▼ 99% vs 2025
Profit after tax over the fiscal year.
€ 3,210
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 15.8 million.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 639,826
▼ 13% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 57,525
▼ 48% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Profit after taxes | € 45,272,894 | € 2,297,145 | € 71,684,871 | € 481,300 | ▼ 99% |
| Equity | € 44,151,849 | € 46,448,995 | € 48,133,866 | € 48,615,166 | ▲ 1% |
| Total debts | € 124,549 | € 180,944 | € 47,734,772 | € 26,001,239 | ▼ 46% |
| Cash | € 594,496 | € 6,786 | € 3,209 | € 3,210 | |
| Retained profit | € 11,354,649 | € 13,651,795 | € 15,336,666 | € 15,817,966 | ▲ 3% |
| Dividend | € 40,000,000 | € 0 | € 70,000,000 | € 0 | ▼ 100% |
| Balance sheet total | € 44,276,398 | € 46,629,939 | € 95,868,638 | € 74,616,405 | ▼ 22% |
Key figures of AGL, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to AGL?
What happened at AGL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jan Kleine-Lasthues stepped down as director. NBB
- Hetal Gandhi stepped down as director. NBB
- Nishil Nath stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 481,300 (▼ 99% vs 2025). Source: NBB ↗
- Hetal Gandhi became a director. NBB
- Simon Bajada stepped down as director. NBB
- Jan Kleine-Lasthues became a director. NBB
- Simon Sachu stepped down as director. NBB
In short
From € 45.3 million profit in 2023 to € 481,300 profit in 2026.
Paid € 217,031 in corporate taxes since 2023.
Best year ever: 2025, with € 71.7 million profit.
Paid out € 110 million in dividends to the owners in total.
Management
The shares are held by Ecu Global NV (100%) and Ecuhold NV (0%). It owns 100% of Allcargo Logistics Africa (PTY) LTD, 100% of Asiapac Shipping Limited, 100% of FMA-Line Nigeria Ltd (volgens het consolidatiepackage), 100% of Ecuhold (geauditeerd maar nog niet goedgekeurd door de AV), 100% of Asiapac Logistics Mexico SA de CV (volgens het consolidatiepackage) and 100% of Almacen Y Maniobras LCL SA de CV (volgens het consolidatiepackage) itself.
Directors
According to the 2026 annual accounts
Simon Sachu
Director
since 2024 · until 2025
since 2024 · until 2026
since 2026 · until 2032
Hetal Gandhi
Director
since 2026 · until 2032
since 2023 · until 2025
since 2025 · until 2031
Shareholders
100%
0%
Participations
Allcargo Logistics Africa (PTY) LTD
100%
Asiapac Shipping Limited
100%
FMA-Line Nigeria Ltd (volgens het consolidatiepackage)
100%
Asiapac Logistics Mexico SA de CV (volgens het consolidatiepackage)
100%
Almacen Y Maniobras LCL SA de CV (volgens het consolidatiepackage)
100%
Allcargo Hong Kong Ltd. (volgens het consolidatiepackage)
100%
Oconca Container Line S.A. Ltd. (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)
€ 60.1 million revenue · 2026
Antwerp Freight Station same network
€ 6.4 million revenue · 2026
ECUHOLD same network
€ 4,215 revenue · 2026
ECU INTERNATIONAL same network
+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