ACTIVE

ANG

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Financial year 2025 · closed on 31/12/2025

Net result

-110,7 k €

-273.3% YoY

Gross margin

334,7 k €

-56.9% YoY

Equity

1,7 M €

-6.0% YoY

Workforce

6,3 ETP

+12.5% YoY

What does ANG do?

ANG is a Public limited company incorporated in 1992. Its registered office is in Ronse. It employs on average 6,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0447.212.362

Incorporation

17/04/1992

Legal form

Public limited company

Registered office

Pont West 102
9600 Ronse · FlandreSee on map

Contributed capital

61 973,38 €

Latest accounts

31/12/2025

Average workforce

6,3 ETP

Joint committees (3)

14904
200
218

Signals

Solid equityLow riskGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	334,7 k €	-56.9%	776,3 k €	+104%	380,2 k €	-74.6%	1,5 M €	+417%	289,2 k €	-41.9%	497,9 k €	+11.2%	447,8 k €	+31.1%	341,5 k €	-3.1%	352,5 k €	+18.3%	298 k €	+31.4%	226,7 k €	-5.2%	239,1 k €	+5.8%	226,1 k €	-12.9%	259,5 k €	-27.8%	359,4 k €	+57.4%	228,3 k €	-52.0%	475,9 k €	-33.4%	715,1 k €	-20.6%	900,2 k €
EBITDA	-102,1 k €	-159%	174,3 k €	+165%	65,7 k €	-94.0%	1,1 M €	+8956%	-12,4 k €	-105%	270 k €	+8.1%	249,9 k €	+112%	118,1 k €	-14.2%	137,8 k €	+63.2%	84,4 k €	+41.6%	59,6 k €	-3.1%	61,5 k €	+1.6%	60,5 k €	-55.1%	134,6 k €	-5.4%	142,3 k €	+156%	55,6 k €	-81.5%	301,2 k €	-35.0%	463,4 k €	-23.9%	608,9 k €
Operating result	-100,3 k €	-210%	91,6 k €	+816%	-12,8 k €	-101%	1 M €	+1089%	-102,6 k €	-147%	218 k €	+5.6%	206,5 k €	+436%	38,5 k €	-33.2%	57,7 k €	+175%	21 k €	+140%	8,7 k €	+34.2%	6,5 k €	+64.3%	4 k €	-95.2%	83,1 k €	-3.7%	86,3 k €	+1945%	4,2 k €	-98.0%	212,5 k €	-47.2%	402,4 k €	-24.3%	531,8 k €
Net result	-110,7 k €	-273%	63,8 k €	+1583%	-4,3 k €	-101%	786,6 k €	+943%	-93,3 k €	-149%	190,3 k €	+4.6%	182 k €	+310%	44,4 k €	-5.8%	47,1 k €	+2.2%	46,1 k €	+76.5%	26,1 k €	-28.2%	36,4 k €	-8.9%	40 k €	-53.7%	86,3 k €	-17.4%	104,4 k €	+621%	14,5 k €	-92.4%	189,4 k €	-31.8%	277,7 k €	-21.9%	355,4 k €
Balance sheet
Equity	1,7 M €	-6.0%	1,9 M €	+3.6%	1,8 M €	-0.2%	1,8 M €	-10.7%	2 M €	-4.4%	2,1 M €	+5.0%	2 M €	+2.9%	1,9 M €	+0.4%	1,9 M €	+2.5%	1,9 M €	-9.7%	2,1 M €	+1.3%	2,1 M €	+1.8%	2 M €	+2.0%	2 M €	+4.5%	1,9 M €	+5.8%	1,8 M €	+0.8%	1,8 M €	+11.8%	1,6 M €	+21.0%	1,3 M €
Total assets	3,1 M €	-20.1%	3,9 M €	+33.7%	2,9 M €	+8.9%	2,7 M €	+8.6%	2,5 M €	-10.1%	2,8 M €	+3.2%	2,7 M €	-4.0%	2,8 M €	+13.6%	2,5 M €	-0.6%	2,5 M €	-6.3%	2,6 M €	+9.5%	2,4 M €	+3.2%	2,3 M €	-3.5%	2,4 M €	-3.7%	2,5 M €	+7.7%	2,3 M €	+8.0%	2,2 M €	-3.6%	2,2 M €	-0.5%	2,2 M €
Cash	495,1 k €	+25.3%	395 k €	+197%	133,1 k €	-54.1%	290 k €	-3.6%	301 k €	-53.8%	650,8 k €	+390%	132,7 k €	-29.5%	188,3 k €	-28.9%	264,8 k €	-36.2%	415 k €	+12.1%	370,2 k €	+8.4%	341,4 k €	+80.1%	189,6 k €	-41.5%	324,1 k €	+210%	104,6 k €	-67.1%	317,9 k €	-62.0%	835,5 k €	+221%	260,6 k €	-39.7%	432,2 k €
Debts	1,2 M €	-34.1%	1,8 M €	+76.8%	1 M €	+23.6%	844,6 k €	+97.3%	428,1 k €	-29.3%	605,4 k €	+6.0%	571,3 k €	-0.8%	576 k €	+23.6%	466,2 k €	-12.2%	531,2 k €	+7.0%	496,4 k €	+69.3%	293,2 k €	+13.8%	257,6 k €	-29.0%	362,6 k €	-34.5%	553,6 k €	+12.7%	491,3 k €	+52.4%	322,4 k €	-45.3%	589,6 k €	-32.7%	876,6 k €
Other
Workforce	6,3 ETP	+12.5%	5,6 ETP	+16.7%	4,8 ETP	-26.2%	6,5 ETP	+3.2%	6,3 ETP	+70.3%	3,7 ETP	+32.1%	2,8 ETP	-6.7%	3,0 ETP	-18.9%	3,7 ETP	-7.5%	4,0 ETP	+11.1%	3,6 ETP	0.0%	3,6 ETP	+2.9%	3,5 ETP	+25.0%	2,8 ETP	-22.2%	3,6 ETP	-5.3%	3,8 ETP	0.0%	3,8 ETP	-28.3%	5,3 ETP	-19.7%	6,6 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 · 3 active · 21 ended

Active mandates

VASTICO

Director · since 23 décembre 2023 · until 23 décembre 2029 · 0894.101.854

Represented by Kristof Vander Stichele

Active

VASTIGUI

Director · since 23 décembre 2023 · until 23 décembre 2029 · 0767.419.260

Represented by Guillaume Vander Stichele

Active

Vastinvest

Managing director · since 23 décembre 2023 · until 23 décembre 2029 · 0780.885.137

Represented by Louis Vander Stichele

Active

Ended mandates

Guillaume Vander Stichele

Director · since 02 janvier 2020

Ended

Louis Vander Stichele

Director · since 29 novembre 2019

Ended

VASTICO

Managing director · since 01 avril 2008 · until 28 novembre 2014 · 0894.101.854

Represented by Christophe Vander Stichele

Ended

Christophe Vander Stichele

Director · since 16 novembre 2007 · until 29 novembre 2013

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	31/12/2025	31/12/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	18 months	12 months	12 months	12 months	12 months
Filing date	29/06/2026	28/08/2025	30/01/2024	30/01/2023	21/01/2022	18/02/2021
General meeting	26/06/2026	30/07/2025	15/12/2023	16/12/2022	17/12/2021	18/12/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	29/06/2026	Dutch	PDF
Abridged model	31/12/2024	30/07/2025	28/08/2025	Dutch	PDF
Abridged model	30/06/2023	15/12/2023	30/01/2024	Dutch	PDF
Abridged model	30/06/2022	16/12/2022	30/01/2023	Dutch	PDF
Abridged model	30/06/2021	17/12/2021	21/01/2022	Dutch	PDF
Abridged model	30/06/2020	18/12/2020	18/02/2021	Dutch	PDF
Abridged model	30/06/2019	29/11/2019	16/12/2019	Dutch	PDF
Abridged model	30/06/2018	30/11/2018	11/01/2019	Dutch	PDF
Abridged model	30/06/2017	24/11/2017	29/01/2018	Dutch	PDF
Abridged model	30/06/2016	25/11/2016	13/01/2017	Dutch	PDF
Abridged model	30/06/2015	27/11/2015	21/12/2015	Dutch	PDF
Abridged model	30/06/2014	28/11/2014	16/12/2014	Dutch	PDF
Abridged model	30/06/2013	29/11/2013	17/12/2013	Dutch	PDF
Abridged model	30/06/2012	30/11/2012	04/01/2013	Dutch	PDF
Abridged model	30/06/2011	25/11/2011	22/12/2011	Dutch	PDF
Abridged model	30/06/2010	26/11/2010	14/12/2010	Dutch	PDF
Abridged model	30/06/2009	27/11/2009	23/12/2009	Dutch	PDF
Abridged model	30/06/2008	28/11/2008	23/12/2008	Dutch	PDF
Abridged model	30/06/2007	16/11/2007	14/02/2008	Dutch	PDF
Abridged model	30/06/2006	15/01/2007	13/02/2007	Dutch	PDF

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 · 3 active · 21 ended

Active mandates

VASTICO

Director · since 23 décembre 2023 · until 23 décembre 2029 · 0894.101.854

Represented by Kristof Vander Stichele

Active

VASTIGUI

Director · since 23 décembre 2023 · until 23 décembre 2029 · 0767.419.260

Represented by Guillaume Vander Stichele

Active

Vastinvest

Managing director · since 23 décembre 2023 · until 23 décembre 2029 · 0780.885.137

Represented by Louis Vander Stichele

Active

Ended mandates

Guillaume Vander Stichele

Director · since 02 janvier 2020

Ended

Louis Vander Stichele

Director · since 29 novembre 2019

Ended

VASTICO

Managing director · since 01 avril 2008 · until 28 novembre 2014 · 0894.101.854

Represented by Christophe Vander Stichele

Ended

Christophe Vander Stichele

Director · since 16 novembre 2007 · until 29 novembre 2013

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates05/02/2021
ONTSLAGEN - BENOEMINGEN
PDF
Registered office29/07/2020
MAATSCHAPPELIJKE ZETEL
PDF
Mandates06/04/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/10/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/03/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/04/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/04/2008
ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 2025-110,7 k €↓
2024
Annual accounts 202463,8 k €↑
2023
Annual accounts 2023-4,3 k €↓
2022
Annual accounts 2022786,6 k €↑
2021
Annual accounts 2021-93,3 k €↓
2020
Annual accounts 2020190,3 k €↑
2019
Annual accounts 2019182 k €↑
2018
Annual accounts 201844,4 k €↓
2017
Annual accounts 201747,1 k €↑
2016
Annual accounts 201646,1 k €↑
2015
Annual accounts 201526,1 k €↓
2014
Annual accounts 201436,4 k €↓
2013
Annual accounts 201340 k €↓
2012
Annual accounts 201286,3 k €↓
2011
Annual accounts 2011104,4 k €↑
2010
Annual accounts 201014,5 k €↓
2009
Annual accounts 2009189,4 k €↓
2008
Annual accounts 2008277,7 k €↓
2007
Annual accounts 2007355,4 k €
17/04/1992
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ANG

Overview

What does ANG do?

Trend over 19 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline