Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 317.5 to 251.2.
Financials
Financial year 2025
AGO CONSTRUCT from Kortrijk, company number BE0874698785, closed financial year 2025 with a result of € 778,881 after tax. For that financial year AGO CONSTRUCT recorded revenue of € 18.8 million and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 387,549 to € 778,881. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 1.3 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 778,881
▲ 101% vs 2024
Profit after tax over the fiscal year.
€ 1.6 million
▲ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 778,881 paid out
100 % of the profit went to the shareholders, mostly to MELISANDE (100 % of the shares). That is where the money ends up.
People and assets in 2025
251.2
▼ 44.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 15.3 million
▼ 11% vs 2024
€ 61,100 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.
€ 7,009
▼ 58% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 364,018
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 54 days on average.
€ 1.1 million
▼ 18% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 21,078,321 | € 21,307,415 | € 20,866,870 | € 18,767,360 | ▼ 10% |
| Profit after taxes | € 448,929 | € 917,604 | € 387,549 | € 778,881 | ▲ 101% |
| Equity | € 1,319,258 | € 1,319,258 | € 1,319,258 | € 1,319,258 | |
| Total debts | € 2,496,337 | € 3,214,635 | € 2,174,716 | € 2,282,569 | ▲ 5% |
| Cash | € 1,362,625 | € 1,823,529 | € 961,777 | € 1,558,023 | ▲ 62% |
| Retained profit | € 1,257,758 | € 1,257,758 | € 1,257,758 | € 1,257,758 | |
| Dividend | € 448,929 | € 917,604 | € 387,549 | € 778,881 | ▲ 101% |
| Bank debt | € 0 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 3,815,594 | € 4,533,892 | € 3,493,973 | € 3,601,826 | ▲ 3% |
| Employees (FTE) | 344.6 | 317.5 | 295.4 | 251.2 | ▼ 44.2 |
Key figures of AGO CONSTRUCT, 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 AGO CONSTRUCT?
What happened at AGO CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Liv BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 778,881 (▲ 101% vs 2024). Source: NBB ↗
- New establishment in Aalst. KBO
- Liv BV became a director. NBB
- New establishment in Antwerpen. KBO
- New establishment in Hasselt. KBO
- New establishment in Kortrijk. KBO
- New establishment in Waregem. KBO
In short
From € 448,929 profit in 2022 to € 778,881 profit in 2025.
Paid € 1.2 million in corporate taxes since 2022.
Best year ever: 2023, with € 917,604 profit.
Paid out € 2.5 million in dividends to the owners in total.
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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 MELISANDE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
AGO CONSTRUCTThe shares are held by MELISANDE (100%).
Directors
According to the 2025 annual accounts
Director · represented by Andres Sanders
Also active at: Immobilière La Closerie, NXTPeople, Teans, QUALITY CONTROL, LET'S WORK, The People Panel, MELISANDE, AIB +1 more
since 2024 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Wolvenstraat(Kor) 23
8500 Kortrijk
Doenaertpad(Kor) 7
8500 Kortrijk
Active since 17 September 2007
Krekelstraat 89
9840 Nazareth-De Pinte
Active since 17 November 2014
Brugsesteenweg 577
8800 Roeselare
Active since 18 May 2015
Baron Ruzettelaan 240B
8310 Brugge
Active since 1 February 2016
Markt 79
9900 Eeklo
Active since 1 September 2016
Tempelstraat 19
8900 Ieper
Active since 1 October 2016
Beverestraat 90
9700 Oudenaarde
Active since 1 March 2017
Parklaan 11
9100 Sint-Niklaas
Active since 1 November 2017
Oscar Van Kesbeeckstraat 2
2800 Mechelen
Active since 1 January 2018
Fraikinstraat(HRT) 22
2200 Herentals
Active since 1 October 2017
Leopoldstraat 14
2300 Turnhout
Active since 1 March 2019
Kolmen 28E
3980 Tessenderlo-Ham
Active since 1 April 2021
Gentseweg 556 box A11
8793 Waregem
Active since 1 June 2021
Grotesteenweg 158
2600 Antwerpen
Active since 1 August 2021
Guffenslaan 66
3500 Hasselt
Active since 1 August 2021
Hendrik Consciencestraat(Kor) 9
8500 Kortrijk
Active since 1 August 2021
Kanunnik Colinetstraat 7
9300 Aalst
Active since 1 January 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →Immobilière La Closerie same network
€ 67,437 gross margin · 2025
NXTPeople same network
€ 23.6 million revenue · 2025
Teans same network
€ 3.8 million gross margin · 2025
QUALITY CONTROL same network
€ 709,462 gross margin · 2025
The People Panel same network
€ 9.6 million revenue · 2025
+4 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
- 0874.698.785
- VAT number
- BE 0874.698.785
- Registered office
- Wolvenstraat(Kor) 23, 8500 Kortrijk
- Names & denominations
- AGO CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 June 2005
- Peppol
- Active · Active since 16 Jun 2025
- Activities · NACE
Activiteiten van uitzendbureaus en andere diensten in verband met personeelsvoorziening
Interimkantoren en tijdelijke tewerkstelling