ACTIVE

AGFA

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Financial year 2025 · closed on 31/12/2025

Net result

-40,8 M €

-15.2% YoY

Revenue

374,7 M €

-11.9% YoY

Equity

66,7 M €

+142.6% YoY

Workforce

246,5 ETP

-6.2% YoY

What does AGFA do?

AGFA is a Public limited company incorporated in 1995. Its main activity is: Manufacture of other chemical products n.e.c.. Its registered office is in Mortsel. It employs on average 246,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0456.366.588

Incorporation

22/11/1995

Legal form

Public limited company

Registered office

Septestraat 27
2640 Mortsel · FlandreSee on map

Contributed capital

88 004 494,00 €

Latest accounts

31/12/2025

Average workforce

246,5 ETP

Activities (NACE)

20590Manufacture of other chemical products n.e.c.· main 20590Manufacture of other chemical products n.e.c.24640Manufacture of basic metals 46432Wholesale of electrical household appliances 46433Wholesale of electrical household appliances 51473Air transport+6

Joint committees (2)

Signals

Good liquidityPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2017		2016		2015		2014		2012		2011		2010		2009		2008
Income statement
Revenue	374,7 M €	-11.9%	425,3 M €	-1.6%	432,2 M €	-1.8%	440,2 M €	-40.9%	744,3 M €	-11.8%	843,6 M €	-18.7%	1 Md €	+41.9%	731,5 M €	-4.8%	768,5 M €	-7.1%	827,1 M €	-2.4%	847,8 M €	-19.0%	1 Md €	-1.2%	1,1 Md €	-8.4%	1,2 Md €	+8.7%	1,1 Md €	-12.9%	1,2 Md €
EBITDA	10,1 M €	-34.2%	15,4 M €	+1231%	-1,4 M €	-101%	102,4 M €	+173%	-140,3 M €	-48.2%	-94,6 M €	-576%	19,9 M €	-59.7%	49,4 M €	-27.5%	68,2 M €	-2.6%	70 M €	+9.7%	63,8 M €	+118%	29,3 M €	-30.0%	41,8 M €	-65.0%	119,5 M €	+118%	54,7 M €	-37.2%	87,1 M €
Operating result	-24,4 M €	-26.0%	-19,4 M €	+44.5%	-34,9 M €	-159%	58,7 M €	+129%	-204,4 M €	-20.8%	-169,2 M €	-146%	-68,7 M €	-22.3%	-56,1 M €	+2.0%	-57,3 M €	-508%	-9,4 M €	+49.7%	-18,7 M €	+66.3%	-55,6 M €	-54.0%	-36,1 M €	-206%	34,2 M €	+173%	-46,7 M €	-394%	-9,5 M €
Net result	-40,8 M €	-15.2%	-35,4 M €	+28.7%	-49,7 M €	-197%	51,5 M €	+123%	-226,5 M €	-35.3%	-167,4 M €	-117%	-77,2 M €	-112%	-36,5 M €	-32.1%	-27,6 M €	-106%	-13,4 M €	-229%	10,3 M €	+111%	-97,6 M €	-25.5%	-77,7 M €	-178%	99,4 M €	+323%	-44,6 M €	-1252%	-3,3 M €
Balance sheet
Equity	66,7 M €	+143%	27,5 M €	-56.3%	62,9 M €	+47.7%	42,6 M €	+133%	-128,9 M €	-232%	97,7 M €	-90.7%	1 Md €	-0.2%	1 Md €	-3.4%	1,1 Md €	-2.5%	1,1 Md €	-1.2%	1,1 Md €	+3.6%	1,1 Md €	-3.2%	1,1 Md €	-6.5%	1,2 Md €	+9.0%	1,1 Md €	+9.5%	1 Md €
Total assets	362,1 M €	+8.8%	332,7 M €	-3.8%	345,7 M €	-16.3%	412,9 M €	+0.2%	411,9 M €	-21.6%	525,2 M €	-64.3%	1,5 Md €	+11.8%	1,3 Md €	-2.5%	1,3 Md €	-4.5%	1,4 Md €	-2.7%	1,5 Md €	-0.5%	1,5 Md €	-19.3%	1,8 Md €	+0.7%	1,8 Md €	-7.1%	1,9 Md €	+8.5%	1,8 Md €
Cash	1,5 M €	-15.1%	1,8 M €	+194%	600,4 k €	-30.1%	858,4 k €	-40.0%	1,4 M €	-72.8%	5,3 M €	+23.9%	4,2 M €	-8.9%	4,7 M €	+7.3%	4,3 M €	-28.0%	6 M €	-14.7%	7,1 M €	+7.7%	6,6 M €	+67.2%	3,9 M €	-42.6%	6,8 M €	-36.3%	10,7 M €	+45.3%	7,4 M €
Debts	280 M €	-4.3%	292,6 M €	+8.9%	268,8 M €	-22.1%	344,8 M €	-8.1%	375,4 M €	+8.6%	345,6 M €	-11.1%	388,5 M €	+53.7%	252,9 M €	+4.5%	242 M €	-12.9%	277,9 M €	-6.7%	297,9 M €	-13.0%	342,3 M €	-47.5%	652 M €	+13.8%	573,2 M €	-29.3%	810,4 M €	+8.8%	744,9 M €
Other
Workforce	246,5 ETP	-6.2%	262,7 ETP	-9.5%	290,2 ETP	-19.2%	359,1 ETP	-30.5%	516,8 ETP	-10.1%	574,6 ETP	-7.5%	621,4 ETP	+40.0%	444,0 ETP	-3.6%	460,6 ETP	-4.4%	481,8 ETP	-3.7%	500,5 ETP	-6.0%	532,4 ETP	-2.0%	543,2 ETP	+3.6%	524,1 ETP	-19.8%	653,6 ETP	-27.1%	896,8 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 · 4 active · 23 ended

Active mandates

Loi Ieng Lam

Director · since 19 novembre 2024 · until 14 mai 2030

Active

Gunther Koch

Director · since 09 mai 2023 · until 08 mai 2029

Active

Vincent Wille

Director · since 24 juin 2021 · until 11 mai 2027

Active

PJY Management

Director · since 12 mai 2020 · until 12 mai 2026 · 0741.407.226

Represented by Pascal Juéry

Active

Ended mandates

Loi Ieng Lam

Director · since 19 novembre 2024 · until 13 mai 2030

Ended

Dirk De Man

Director · since 11 mai 2021 · until 19 novembre 2024

Ended

Dirk De Man

Director · since 11 mai 2021 · until 11 mai 2027

Ended

PJY Management

Director · since 12 mai 2020 · until 11 mai 2026 · 0741.407.226

Represented by Pascal Juéry

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	21/05/2026	03/06/2025	29/05/2024	01/06/2023	31/05/2022	12/05/2021
General meeting	12/05/2026	13/05/2025	14/05/2024	09/05/2023	10/05/2022	11/05/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	12/05/2026	21/05/2026	Dutch	PDF
Full model	31/12/2024	13/05/2025	03/06/2025	Dutch	PDF
Full model	31/12/2023	14/05/2024	29/05/2024	Dutch	PDF
Full model	31/12/2022	09/05/2023	01/06/2023	Dutch	PDF
Full model	31/12/2021	10/05/2022	31/05/2022	Dutch	PDF
Full model	31/12/2020	11/05/2021	12/05/2021	Dutch	PDF
Full model	31/12/2019	12/05/2020	02/06/2020	Dutch	PDF
Full model	31/12/2018	23/05/2019	11/06/2019	Dutch	PDF
Full model	31/12/2017	08/05/2018	17/05/2018	Dutch	PDF
Full model	31/12/2016	09/05/2017	30/05/2017	Dutch	PDF
Full model	31/12/2015	10/05/2016	09/06/2016	Dutch	PDF
Full model	31/12/2014	12/05/2015	01/06/2015	Dutch	PDF
Full model	31/12/2013	13/05/2014	05/06/2014	Dutch	PDF
Full model	31/12/2012	14/05/2013	27/05/2013	Dutch	PDF
Full model	31/12/2011	24/04/2012	14/05/2012	Dutch	PDF
Full model	31/12/2010	26/04/2011	20/05/2011	Dutch	PDF
Full model	31/12/2009	27/04/2010	19/05/2010	Dutch	PDF
Full model	31/12/2008	28/04/2009	19/05/2009	Dutch	PDF
Full model	31/12/2007	29/04/2008	28/05/2008	Dutch	PDF
Full modelCorrection	31/12/2006	08/05/2007	18/09/2007	Dutch	PDF
Full model	31/12/2006	08/05/2007	14/06/2007	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 · 4 active · 23 ended

Active mandates

Loi Ieng Lam

Director · since 19 novembre 2024 · until 14 mai 2030

Active

Gunther Koch

Director · since 09 mai 2023 · until 08 mai 2029

Active

Vincent Wille

Director · since 24 juin 2021 · until 11 mai 2027

Active

PJY Management

Director · since 12 mai 2020 · until 12 mai 2026 · 0741.407.226

Represented by Pascal Juéry

Active

Ended mandates

Loi Ieng Lam

Director · since 19 novembre 2024 · until 13 mai 2030

Ended

Dirk De Man

Director · since 11 mai 2021 · until 19 novembre 2024

Ended

Dirk De Man

Director · since 11 mai 2021 · until 11 mai 2027

Ended

PJY Management

Director · since 12 mai 2020 · until 11 mai 2026 · 0741.407.226

Represented by Pascal Juéry

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares07/09/2026
KAPITAAL, AANDELEN
PDF
Other02/07/2026
—
PDF
Capital / shares01/12/2025
KAPITAAL - AANDELEN
PDF
Capital / shares21/05/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates09/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares19/12/2023
KAPITAAL - AANDELEN
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 2025-40,8 M €↓
26/11/2025
augmentation_capital
26/11/2025
reduction_capital
13/05/2025
reduction_capital
2024
Annual accounts 2024-35,4 M €↑
19/11/2024
nominationLoi leng Lam — bestuurder
14/05/2024
nominationPwC Bedrijfsrevisoren BV — commissaris
29/01/2024
nominationRobin Huybrechts — vaste vertegenwoordiger commissaris
2023
Annual accounts 2023-49,7 M €↓
11/12/2023
augmentation_capital
11/12/2023
apport
09/05/2023
reconductiongunther Koch — bestuurder
24/04/2023
nominationGunther Koch — bestuurder
2022
Annual accounts 202251,5 M €↑
28/11/2022
augmentation_capital
28/11/2022
reduction_capital
10/05/2022
nominationFrederic Poesen — vaste vertegenwoordiger (commissaris)
2021
Annual accounts 2021-226,5 M €↓
2020
Annual accounts 2020-167,4 M €↓
2019
Annual accounts 2019-77,2 M €↓
2017
Annual accounts 2017-36,5 M €↓
2016
Annual accounts 2016-27,6 M €↓
2015
Annual accounts 2015-13,4 M €↓
2014
Annual accounts 201410,3 M €↑
2012
Annual accounts 2012-97,6 M €↓
2011
Annual accounts 2011-77,7 M €↓
2010
Annual accounts 201099,4 M €↑
2009
Annual accounts 2009-44,6 M €↓
2008
Annual accounts 2008-3,3 M €
22/11/1995
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

AGFA

Overview

What does AGFA do?

Trend over 16 financial years

Indicative valuation

Board of directors

Other companies at this address

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