ACTIVE

AGRECO

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Financial year 2026 · closed on 31/03/2026
Net result
1,4 M €
+9.5% YoY
Revenue
5,9 M €
-19.6% YoY
Workforce
4,1 ETP
+24.2% YoY

What does AGRECO do?

AGRECO is a European economic assoc with registered seat in Belgium incorporated in 1992. Its main activity is: Management consultancy activities. Its registered office is in Ixelles. It employs on average 4,1 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0446.816.741
Incorporation
28/02/1992
Legal form
European economic assoc with registered seat in Belgium
Registered office
Avenue Louise 251 box 23
1050 Ixelles · BruxellesSee on map
Latest accounts
31/03/2026
Average workforce
4,1 ETP
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities74142Specialised design activities91110Libraries, archives, museums and other cultural activities94110Activities of business and employers membership organisations94110Activities of business and employers membership organisations
Joint committees (1)
  • 200
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20262025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Revenue5,9 M €7,3 M €7,0 M €8,1 M €6,0 M €6,0 M €5,5 M €6,4 M €5,6 M €5,3 M €2,3 M €5,5 M €6,3 M €6,0 M €5,7 M €7,0 M €6,6 M €5,5 M €5,4 M €3,9 M €
EBITDA1,6 M €1,3 M €1,1 M €832,9 k €877,1 k €820,9 k €608,2 k €872,5 k €622,3 k €486,2 k €216,5 k €347,9 k €991,2 k €1,2 M €690,0 k €1,1 M €1,2 M €1,1 M €349,5 k €658,2 k €
Operating result1,4 M €1,2 M €1,1 M €797,8 k €842,3 k €791,7 k €590,0 k €866,3 k €618,7 k €482,6 k €191,6 k €298,6 k €928,9 k €1,1 M €928,3 k €830,8 k €1,6 M €777,4 k €343,0 k €646,7 k €
Net result1,4 M €1,3 M €1,0 M €769,6 k €814,0 k €754,6 k €556,4 k €872,1 k €586,9 k €457,0 k €117,3 k €297,7 k €905,2 k €1,1 M €881,8 k €806,7 k €1,5 M €1,0 M €376,2 k €687,5 k €
Balance sheet
Total assets6,4 M €9,2 M €8,3 M €6,8 M €7,4 M €6,8 M €6,1 M €4,0 M €5,0 M €4,7 M €4,1 M €2,7 M €6,4 M €5,8 M €8,1 M €7,3 M €6,9 M €6,3 M €7,7 M €6,1 M €
Cash414,5 k €201,8 k €169,9 k €689,6 k €109,8 k €95,2 k €1,2 M €175,0 k €2,8 M €2,6 M €1,5 M €970,2 k €2,2 M €1,0 M €1,5 M €1,7 M €2,2 M €2,2 M €2,1 M €2,0 M €
Debts6,3 M €9,2 M €8,3 M €6,8 M €7,4 M €6,8 M €6,1 M €3,9 M €5,0 M €4,7 M €4,1 M €2,7 M €6,3 M €5,8 M €8,1 M €7,3 M €6,7 M €6,3 M €7,5 M €5,6 M €
Other
Workforce4,1 ETP3,3 ETP2,8 ETP3,3 ETP3,9 ETP4,5 ETP3,9 ETP3,8 ETP4,6 ETP3,8 ETP3,8 ETP4,9 ETP5,1 ETP3,8 ETP3,9 ETP4,2 ETP3,7 ETP3,2 ETP3,1 ETP1,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2026 · 2 active · 21 ended

Active mandates

François DUGAUQUIER

Manager · since 23 mai 2024 · until 05 août 2027

Active
Gianluca VEDOVA

Manager · since 23 mai 2024 · until 05 août 2027

Active

Ended mandates

François DUGAUQUIER

Manager · since 05 août 2021 · until 01 août 2024

Ended
GIANLUCA VEDOVA

Manager · since 05 août 2021 · until 01 août 2024

Ended
François DUGAUQUIER

Manager · since 07 avril 2020 · until 05 août 2021

Ended
GIANLUCA VEDOVA

Manager · since 02 août 2018 · until 05 août 2021

Ended
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Annual accounts

Full financial information

202620252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202501/04/202401/04/202301/04/202201/04/202101/04/2020
Closing of the financial year31/03/202631/03/202531/03/202431/03/202331/03/202231/03/2021
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date19/08/202627/08/202505/08/202423/10/202306/09/202206/09/2021
General meeting06/08/202607/08/202501/08/202407/09/202304/08/202205/08/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202606/08/202619/08/2026FrenchPDF
Abridged model31/03/202507/08/202527/08/2025FrenchPDF
Abridged model31/03/202401/08/202405/08/2024FrenchPDF
Abridged model31/03/202307/09/202323/10/2023FrenchPDF
Abridged model31/03/202204/08/202206/09/2022FrenchPDF
Abridged model31/03/202105/08/202106/09/2021FrenchPDF
Abridged model31/03/202006/08/202026/08/2020FrenchPDF
Abridged model31/03/201901/08/201902/09/2019FrenchPDF
Abridged model31/03/201802/08/201827/08/2018FrenchPDF
Abridged model31/03/201703/08/201711/08/2017FrenchPDF
Full model31/03/201604/08/201605/09/2016FrenchPDF
Full model31/03/201506/08/201511/08/2015FrenchPDF
Full model31/03/201420/08/201418/09/2014FrenchPDF
Full model31/03/201323/08/201313/09/2013FrenchPDF
Full model31/03/201227/08/201221/09/2012FrenchPDF
Full model31/03/201122/08/201121/09/2011FrenchPDF
Full model31/03/201029/09/201027/10/2010FrenchPDF
Full model31/03/200925/08/200918/09/2009FrenchPDF
Full model31/03/200816/09/200808/10/2008FrenchPDF
Full model31/03/200720/07/200710/08/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

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 31/03/2026 · 2 active · 21 ended

Active mandates

François DUGAUQUIER

Manager · since 23 mai 2024 · until 05 août 2027

Active
Gianluca VEDOVA

Manager · since 23 mai 2024 · until 05 août 2027

Active

Ended mandates

François DUGAUQUIER

Manager · since 05 août 2021 · until 01 août 2024

Ended
GIANLUCA VEDOVA

Manager · since 05 août 2021 · until 01 août 2024

Ended
François DUGAUQUIER

Manager · since 07 avril 2020 · until 05 août 2021

Ended
GIANLUCA VEDOVA

Manager · since 02 août 2018 · until 05 août 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Other05/06/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DIVERS
    PDF
  • Mandates19/09/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/10/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/06/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates31/10/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/09/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/09/2016
    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. 2026
    Annual accounts 20261,4 M €↑
  2. 2025
    Annual accounts 20251,3 M €↑
  3. 2024
    Annual accounts 20241,0 M €↑
  4. 2023
    Annual accounts 2023769,6 k €↓
  5. 2022
    Annual accounts 2022814,0 k €↑
  6. 2021
    Annual accounts 2021754,6 k €↑
  7. 2020
    Annual accounts 2020556,4 k €↓
  8. 2019
    Annual accounts 2019872,1 k €↑
  9. 2018
    Annual accounts 2018586,9 k €↑
  10. 2017
    Annual accounts 2017457,0 k €↑
  11. 2016
    Annual accounts 2016117,3 k €↓
  12. 2015
    Annual accounts 2015297,7 k €↓
  13. 2014
    Annual accounts 2014905,2 k €↓
  14. 2013
    Annual accounts 20131,1 M €↑
  15. 2012
    Annual accounts 2012881,8 k €↑
  16. 2011
    Annual accounts 2011806,7 k €↓
  17. 2010
    Annual accounts 20101,5 M €↑
  18. 2009
    Annual accounts 20091,0 M €↑
  19. 2008
    Annual accounts 2008376,2 k €↓
  20. 2007
    Annual accounts 2007687,5 k €
  21. 28/02/1992
    IncorporationEuropean economic assoc with registered seat in Belgium