ACTIVE

Ageres

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Financial year 2025 · closed on 31/12/2025

Net result

90,1 k €

+232.6% YoY

Revenue

11,6 M €

-14.7% YoY

Equity

2,4 M €

+3.9% YoY

Workforce

28,9 ETP

-17.2% YoY

What does Ageres do?

Ageres is a Public limited company incorporated in 1997. Its main activity is: Construction of buildings. Its registered office is in Malle. It employs on average 28,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0461.003.485

Incorporation

09/07/1997

Legal form

Public limited company

Registered office

Steenovenstraat 2A
2390 Malle · FlandreSee on map

Contributed capital

1 650 000,00 €

Latest accounts

31/12/2025

Average workforce

28,9 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 42220Construction of utility projects for electricity and telecommunications 42220Construction of utility projects for electricity and telecommunications 45212Maintenance and repair of motor vehicles 27320Manufacture of other electronic and electric wires and cables+5

Joint committees (3)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2017		2016		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	11,6 M €	-14.7%	13,6 M €	+1.9%	13,4 M €		–		–		–		–		–		–		–		10,8 M €		–		–		–		–		–		–		–		–		–
EBITDA	653,2 k €	+88.1%	347,3 k €	+343%	78,3 k €	+109%	-904,8 k €	-1290%	76 k €	+163%	-120,8 k €	-195%	126,7 k €	+67.7%	75,5 k €	-81.7%	413 k €	+279%	109,1 k €	-43.5%	193,2 k €	-39.0%	317 k €	+1.4%	312,7 k €	+3.1%	303,4 k €	-4.1%	316,5 k €	-3.0%	326,2 k €	+7.9%	302,3 k €	-34.8%	463,9 k €	-13.5%	536,1 k €	-31.0%	776,5 k €
Operating result	484,4 k €	+101%	241,2 k €	+684%	30,8 k €	+103%	-999,8 k €	-5020%	-19,5 k €	+90.3%	-201,6 k €	-315%	93,6 k €	+28.2%	73,1 k €	-82.4%	415,1 k €	+558%	63,1 k €	-52.0%	131,3 k €	-49.7%	260,9 k €	+2.1%	255,4 k €	+19.5%	213,7 k €	+18.1%	180,9 k €	-9.8%	200,5 k €	+22.1%	164,2 k €	-49.4%	324,5 k €	-8.7%	355,5 k €	-28.4%	496,3 k €
Net result	90,1 k €	+233%	27,1 k €	+1326%	1,9 k €	+100%	-1,1 M €	-1787%	-57,9 k €	+54.3%	-126,8 k €	-335%	53,9 k €	-5.2%	56,8 k €	-80.2%	287 k €	+1246%	21,3 k €	-56.6%	49,1 k €	-76.6%	209,8 k €	+9.7%	191,2 k €	+9.4%	174,8 k €	+41.6%	123,5 k €	-20.2%	154,8 k €	+24.2%	124,6 k €	-48.9%	243,9 k €	+28.3%	190,1 k €	-43.6%	337 k €
Balance sheet
Equity	2,4 M €	+3.9%	2,3 M €	+1.2%	2,3 M €	+227%	690,2 k €	-61.3%	1,8 M €	-3.1%	1,8 M €	-6.4%	2 M €	+2.8%	1,9 M €	+3.1%	1,9 M €	+18.3%	1,6 M €	+1.4%	1,5 M €	+3.3%	1,5 M €	+7.9%	1,4 M €	+7.9%	1,3 M €	-24.4%	1,7 M €	+1.0%	1,7 M €	+8.3%	1,6 M €	+8.7%	1,4 M €	+12.0%	1,3 M €	+17.5%	1,1 M €
Total assets	9,9 M €	-11.7%	11,2 M €	+4.9%	10,7 M €	+23.5%	8,6 M €	+39.0%	6,2 M €	+49.6%	4,2 M €	-2.7%	4,3 M €	+33.2%	3,2 M €	+9.9%	2,9 M €	+0.5%	2,9 M €	-34.3%	4,4 M €	+68.2%	2,6 M €	+7.4%	2,4 M €	+16.9%	2,1 M €	-37.0%	3,3 M €	-1.8%	3,4 M €	+2.8%	3,3 M €	+37.5%	2,4 M €	-36.6%	3,8 M €	+31.9%	2,9 M €
Cash	2,3 k €	-32.5%	3,4 k €	-83.8%	21,3 k €	+1117%	1,7 k €	-17.4%	2,1 k €	+3.3%	2,1 k €	-2.6%	2,1 k €	+149%	844,4 €	-71.4%	3 k €	-98.9%	271,6 k €	+68.7%	161 k €	+230%	48,8 k €	-32.0%	71,7 k €	+7.5%	66,8 k €	-89.9%	663,3 k €	+80.1%	368,3 k €	+2.2%	360,4 k €	+253%	102,1 k €	-63.8%	282,3 k €	-3.4%	292,3 k €
Debts	7,5 M €	-14.6%	8,8 M €	+6.6%	8,2 M €	+5.9%	7,8 M €	+87.4%	4,1 M €	+84.5%	2,2 M €	+0.8%	2,2 M €	+79.5%	1,2 M €	+36.0%	913,4 k €	-29.7%	1,3 M €	-51.9%	2,7 M €	+140%	1,1 M €	+6.8%	1,1 M €	+31.3%	803,1 k €	-50.3%	1,6 M €	+0.1%	1,6 M €	-0.7%	1,6 M €	+105%	791,5 k €	-66.0%	2,3 M €	+45.0%	1,6 M €
Other
Workforce	28,9 ETP	-17.2%	34,9 ETP	-16.7%	41,9 ETP	-0.2%	42,0 ETP	-4.5%	44,0 ETP	-5.8%	46,7 ETP	+48.3%	31,5 ETP	+17.5%	26,8 ETP	+12.1%	23,9 ETP	+10.1%	21,7 ETP	-16.9%	26,1 ETP	-8.4%	28,5 ETP	+11.8%	25,5 ETP	-24.1%	33,6 ETP	-8.2%	36,6 ETP	-6.6%	39,2 ETP	0.0%	39,2 ETP	+0.8%	38,9 ETP	+7.2%	36,3 ETP	-9.0%	39,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 40 ended

Active mandates

Pates Consulting

Director · since 17 octobre 2023 · until 17 octobre 2029 · 0442.493.115

Represented by Paul Kerkhofs

Active

Quality Management

Director · since 23 septembre 2021 · until 23 septembre 2027 · 0774.512.732

Represented by Maarten Broens

Active

Ended mandates

HWY bv

bestuurder · since 01 septembre 2021 · until 01 septembre 2027

Represented by Bjorn Hamerling

Ended

HWY bv

Director · since 01 septembre 2021 · until 01 septembre 2027

Represented by Bjorn Hamerling

Ended

HWY BV

Director · since 01 septembre 2021 · until 17 octobre 2023

Represented by Bjorn Hamerling

Ended

Quality Management

bestuurder · since 23 février 2021 · until 23 février 2027 · 0774.512.732

Represented by Maarten Broens

Ended

At this address

Other companies at this address

Company	CBE no.
ALL SEASONS● Active	0443.713.830
APK Telecom Networksolutions● Active	0447.441.303
D.G. Verandabouw● Active	0879.127.925
IMMO HET ANKER● Active	0444.030.267
PROFIL-CONSTRUCT● Active	0881.085.444

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Abridged model	Abridged model	Abridged 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	01/07/2026	07/07/2025	03/07/2024	20/07/2023	21/06/2022	30/06/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	30/06/2023	17/06/2022	30/06/2021
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

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/06/2026	01/07/2026	Dutch	PDF
Full model	31/12/2024	27/06/2025	07/07/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	03/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	20/07/2023	Dutch	PDF
Abridged model	31/12/2021	17/06/2022	21/06/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	30/06/2021	Dutch	PDF
Abridged model	31/12/2019	29/06/2020	30/06/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	12/07/2019	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	31/07/2018	Dutch	PDF
Abridged modelCorrection	30/06/2017	08/12/2017	12/01/2018	Dutch	PDF
Abridged model	30/06/2017	08/12/2017	05/01/2018	Dutch	PDF
Abridged model	30/06/2016	28/12/2016	03/01/2017	Dutch	PDF
Abridged model	31/12/2014	02/06/2015	27/07/2015	Dutch	PDF
Abridged model	31/12/2013	03/06/2014	17/07/2014	Dutch	PDF
Abridged modelCorrection	31/12/2012	04/06/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2012	04/06/2013	26/07/2013	Dutch	PDF
Abridged model	31/12/2011	05/06/2012	04/07/2012	Dutch	PDF
Abridged model	31/12/2010	07/06/2011	26/07/2011	Dutch	PDF
Abridged model	31/12/2009	01/06/2010	29/06/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	03/06/2008	22/07/2008	Dutch	PDF
Abridged model	31/12/2006	05/06/2007	05/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 2 active · 40 ended

Active mandates

Pates Consulting

Director · since 17 octobre 2023 · until 17 octobre 2029 · 0442.493.115

Represented by Paul Kerkhofs

Active

Quality Management

Director · since 23 septembre 2021 · until 23 septembre 2027 · 0774.512.732

Represented by Maarten Broens

Active

Ended mandates

HWY bv

bestuurder · since 01 septembre 2021 · until 01 septembre 2027

Represented by Bjorn Hamerling

Ended

HWY bv

Director · since 01 septembre 2021 · until 01 septembre 2027

Represented by Bjorn Hamerling

Ended

HWY BV

Director · since 01 septembre 2021 · until 17 octobre 2023

Represented by Bjorn Hamerling

Ended

Quality Management

bestuurder · since 23 février 2021 · until 23 février 2027 · 0774.512.732

Represented by Maarten Broens

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/10/2023
BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/05/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Other16/12/2019
BENAMING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates07/08/2018
ONTSLAGEN - BENOEMINGEN
PDF
Other06/12/2017
ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates13/07/2017
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 202590,1 k €↑
2024
Annual accounts 202427,1 k €↑
2023
Annual accounts 20231,9 k €↑
2022
Annual accounts 2022-1,1 M €↓
2021
Annual accounts 2021-57,9 k €↑
2020
Annual accounts 2020-126,8 k €↓
2019
Annual accounts 201953,9 k €↓
2019
Name changeAPK Construct
2018
Annual accounts 201856,8 k €↓
2017
Annual accounts 2017287 k €↑
2017
Annual accounts 201721,3 k €↓
2016
Annual accounts 201649,1 k €↓
2014
Annual accounts 2014209,8 k €↑
2013
Annual accounts 2013191,2 k €↑
2012
Annual accounts 2012174,8 k €↑
2011
Annual accounts 2011123,5 k €↓
2010
Annual accounts 2010154,8 k €↑
2009
Annual accounts 2009124,6 k €↓
2008
Annual accounts 2008243,9 k €↑
2007
Annual accounts 2007190,1 k €↓
2006
Annual accounts 2006337 k €
2006
Name changeAgeres
09/07/1997
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

Ageres

Overview

What does Ageres do?

Trend over 20 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