ACTIVE

AGC GLASS EUROPE

Financial year 2025 · closed on 31/12/2025
Net result
60,7 M €
+273.1% YoY
Revenue
487,2 M €
-7.9% YoY
Equity
397,3 M €
+18.1% YoY
Workforce
1 968,2 ETP
-3.8% YoY

What does AGC GLASS EUROPE do?

AGC GLASS EUROPE is a Public limited company incorporated in 1974. Its registered office is in Ottignies-Louvain-la-Neuve. It employs on average 1 968,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0413.638.187
Incorporation
08/05/1974
Legal form
Public limited company
Registered office
Avenue Jean Monnet 4
1348 Ottignies-Louvain-la-Neuve · WallonieSee on map
Contributed capital
632 496 808,42 €
Latest accounts
31/12/2025
Average workforce
1 968,2 ETP
Joint committees (3)
  • 115
  • 200
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202020192018201720162015201420132012
Income statement
Revenue487,2 M €528,9 M €679,1 M €592,5 M €328,6 M €419,8 M €453,2 M €376,5 M €382,7 M €457,3 M €480,4 M €597,3 M €577,2 M €
EBITDA77,6 M €20,4 M €62,3 M €-32,4 M €-43,5 M €48,6 M €84,8 M €69,3 M €60,7 M €29,2 M €11,6 M €-76,3 M €-56,8 M €
Operating result27,9 M €-23,4 M €9,7 M €-23,3 M €-96,6 M €232,6 k €37 M €22 M €8,4 M €-23,9 M €-37,6 M €-132,7 M €-110,2 M €
Net result60,7 M €-35,1 M €-11,3 M €83,5 M €-131,7 M €52,5 M €46,2 M €1,7 M €2 M €-20,8 M €-142,9 M €-155,6 M €-28,5 M €
Balance sheet
Equity397,3 M €336,3 M €372 M €256,9 M €461,9 M €594,1 M €537,9 M €492,5 M €491,3 M €489,3 M €512,2 M €656 M €810,9 M €
Total assets2,2 Md €2,3 Md €2,6 Md €2,9 Md €2,4 Md €2,7 Md €2,6 Md €2,5 Md €2,3 Md €2,3 Md €2,1 Md €2,2 Md €2,3 Md €
Cash745,3 k €120,8 k €1,5 M €244 k €1,5 M €254,4 k €4,1 M €383,4 k €105,7 k €106,7 k €136,3 k €463,3 k €697,1 k €
Debts1,8 Md €1,9 Md €2,1 Md €2,6 Md €1,9 Md €2 Md €2 Md €2 Md €1,8 Md €1,8 Md €1,5 Md €1,5 Md €1,5 Md €
Other
Workforce1 968,2 ETP2 045,8 ETP2 042,3 ETP2 038,8 ETP2 097,3 ETP2 041,7 ETP2 028,1 ETP2 009,6 ETP1 954,5 ETP1 937,6 ETP1 995,9 ETP2 162,9 ETP2 240,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 8 active · 59 ended

Active mandates

Frédéric Thys

Director · since 01 janvier 2026 · until 26 mai 2027

Active
Mochizuki Itsuo

Director · since 01 janvier 2025 · until 26 mai 2027

Active
Shunichiro Fujiwara

Director · since 01 janvier 2024 · until 26 mai 2027

Active
Takeo Morinaga

Director · since 01 janvier 2024 · until 26 mai 2027

Active
Caroll Schoonejans

Director · since 31 mai 2023 · until 26 mai 2027

Active
Sugaya Yutaka

Director · since 31 mai 2023 · until 26 mai 2027

Active
Davide Cappellino

Chairman of the board of directors · since 08 mai 2023 · until 26 mai 2027

Active
Jean-Marc Meunier

Managing director · since 08 mai 2023 · until 26 mai 2027

Active

Ended mandates

Noriyuki Komuro

Director · since 01 janvier 2024 · until 26 mai 2027

Ended
Atsushi Ichikawa

Director · since 31 mai 2023 · until 26 mai 2027

Ended
Caroll Schoonejans

Director · since 01 janvier 2023 · until 31 mai 2023

Ended
Caroll Schoonejans

Director · since 01 janvier 2023 · until 26 mai 2027

Ended
At this address

Other companies at this address

CompanyCBE no.
0442.444.219
AGC EUROPEActive
0879.108.327
0428.230.254
0436.181.878
0441.849.846
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/05/202616/06/202514/10/202407/06/202328/06/202223/07/2021
General meeting27/05/202628/05/202529/05/202431/05/202325/05/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

72 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202527/05/202629/05/2026FrenchPDF
m121-f-p31/12/202527/03/202618/05/2026FrenchPDF
Full model31/12/202428/05/202516/06/2025FrenchPDF
m121-f-p31/12/202428/03/202520/06/2025FrenchPDF
Full modelCorrection31/12/202329/05/202414/10/2024FrenchPDF
Full model31/12/202329/05/202419/06/2024DutchPDF
Full model31/12/202329/05/202419/06/2024FrenchPDF
m121-f-p31/12/202328/03/202418/06/2024FrenchPDF
m121-f-p31/12/202328/03/202418/06/2024DutchPDF
Full model31/12/202231/05/202307/06/2023DutchPDF
Full model31/12/202231/05/202307/06/2023FrenchPDF
m121-f-p31/12/202230/03/202307/06/2023DutchPDF
m121-f-p31/12/202230/03/202307/06/2023FrenchPDF
Full model31/12/202125/05/202228/06/2022FrenchPDF
Full model31/12/202125/05/202221/06/2022DutchPDF
m121-f-p31/12/202130/03/202220/06/2022FrenchPDF
m121-f-p31/12/202130/03/202220/06/2022DutchPDF
Full model31/12/202030/06/202123/07/2021DutchPDF
Full model31/12/202030/06/202123/07/2021FrenchPDF
m121-f-p31/12/202030/03/202123/07/2021DutchPDF
m121-f-p31/12/202030/03/202123/07/2021FrenchPDF
Full model31/12/201915/07/202029/07/2020DutchPDF
Full model31/12/201915/07/202029/07/2020FrenchPDF
m121-f-p31/12/201927/03/202029/07/2020DutchPDF

View all 72 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 8 active · 59 ended

Active mandates

Frédéric Thys

Director · since 01 janvier 2026 · until 26 mai 2027

Active
Mochizuki Itsuo

Director · since 01 janvier 2025 · until 26 mai 2027

Active
Shunichiro Fujiwara

Director · since 01 janvier 2024 · until 26 mai 2027

Active
Takeo Morinaga

Director · since 01 janvier 2024 · until 26 mai 2027

Active
Caroll Schoonejans

Director · since 31 mai 2023 · until 26 mai 2027

Active
Sugaya Yutaka

Director · since 31 mai 2023 · until 26 mai 2027

Active
Davide Cappellino

Chairman of the board of directors · since 08 mai 2023 · until 26 mai 2027

Active
Jean-Marc Meunier

Managing director · since 08 mai 2023 · until 26 mai 2027

Active

Ended mandates

Noriyuki Komuro

Director · since 01 janvier 2024 · until 26 mai 2027

Ended
Atsushi Ichikawa

Director · since 31 mai 2023 · until 26 mai 2027

Ended
Caroll Schoonejans

Director · since 01 janvier 2023 · until 31 mai 2023

Ended
Caroll Schoonejans

Director · since 01 janvier 2023 · until 26 mai 2027

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates30/01/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/12/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring01/10/2025
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Capital / shares07/05/2025
    CAPITAL, ACTIONS
    PDF
  • Mandates07/01/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other12/02/2024
    DIVERS
    PDF
  • Mandates06/12/2023
    DEMISSIONS, NOMINATIONS
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 01/01/2026
    nominationFrederic Pierre E. Thys — administrateur
  2. 2025
    Annual accounts 202560,7 M €
  3. 01/11/2025
    autre
  4. 01/01/2025
    nominationItsuo Mochizuki — administrateur
  5. 2024
    Annual accounts 2024-35,1 M €
  6. 29/05/2024
    nominationAxel Jorion — représentant permanent (commissaire)
  7. 2023
    Annual accounts 2023-11,3 M €
  8. 01/01/2023
    nominationCaroll Schoonejans — administrateur
  9. 2022
    Annual accounts 202283,5 M €
  10. 2020
    Annual accounts 2020-131,7 M €
  11. 2019
    Annual accounts 201952,5 M €
  12. 2018
    Annual accounts 201846,2 M €
  13. 2017
    Annual accounts 20171,7 M €
  14. 2016
    Annual accounts 20162 M €
  15. 2015
    Annual accounts 2015-20,8 M €
  16. 2014
    Annual accounts 2014-142,9 M €
  17. 2013
    Annual accounts 2013-155,6 M €
  18. 2012
    Annual accounts 2012-28,5 M €
  19. 08/05/1974
    IncorporationPublic limited company