ACTIVE

AAG PROJECTS

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Financial year 2025 · closed on 31/12/2025
Net result
223 €
-97.1% YoY
Gross margin
34,3 k €
-30.5% YoY
Equity
78,7 k €
-0.8% YoY

What does AAG PROJECTS do?

AAG PROJECTS is a Private limited company incorporated in 2014. Its main activity is: Electrical installation. Its registered office is in Ieper.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0544.616.297
Incorporation
22/01/2014
Legal form
Private limited company
Registered office
Ter Olmen 138
8900 Ieper · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
43211Electrical installation· main43211Electrical installation
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Gross margin34,3 k €49,4 k €51,3 k €18,8 k €21,8 k €23,1 k €29,2 k €17,7 k €15 k €15,2 k €3,5 k €11,5 k €
EBITDA33,4 k €38,7 k €47,2 k €17,8 k €21 k €22,5 k €28,5 k €17 k €14,4 k €14,5 k €2,8 k €11,2 k €
Operating result7,7 k €14,1 k €27,1 k €2,2 k €7,5 k €10,8 k €14,2 k €4,3 k €5,9 k €6,2 k €-4 k €5 k €
Net result223 €7,6 k €17,7 k €1,5 k €4,9 k €8,5 k €10,1 k €3,5 k €4,2 k €5,3 k €-3,9 k €3,8 k €
Balance sheet
Equity78,7 k €79,3 k €72,5 k €56,5 k €55,1 k €50,2 k €41,7 k €31,6 k €28 k €23,8 k €18,5 k €22,4 k €
Total assets173,4 k €202,8 k €164,5 k €126,9 k €104,5 k €114,7 k €104 k €97,3 k €64,2 k €80,9 k €35,4 k €58,4 k €
Cash46 k €49,2 k €39,9 k €27,1 k €19,1 k €16,3 k €30,5 k €24,5 k €15,6 k €6,1 k €7,7 k €5,8 k €
Debts93,4 k €122,1 k €91 k €70,4 k €49,5 k €64,5 k €62,3 k €65,7 k €34,6 k €57,1 k €16,9 k €36 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Brecht Geerardyn

Director · since 22 janvier 2014

Active

Ended mandates

Brecht Geerardyn

Director

Ended
Brecht Geerardyn

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date31/08/202623/09/202509/08/202426/09/202313/09/202220/09/2021
General meeting31/07/202617/09/202508/08/202415/06/202316/06/202215/06/2021
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202531/07/202631/08/2026DutchPDF
Micro model31/12/202417/09/202523/09/2025DutchPDF
Micro model31/12/202308/08/202409/08/2024DutchPDF
Micro model31/12/202215/06/202326/09/2023DutchPDF
Micro model31/12/202116/06/202213/09/2022DutchPDF
Micro model31/12/202015/06/202120/09/2021DutchPDF
Micro model31/12/201918/06/202009/10/2020DutchPDF
Micro model31/12/201820/06/201928/08/2019DutchPDF
Micro model31/12/201721/06/201819/07/2018DutchPDF
Micro model31/12/201615/06/201721/08/2017DutchPDF
Abridged model31/12/201516/06/201624/08/2016DutchPDF
Abridged model31/12/201418/06/201525/08/2015DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 1 active · 2 ended

Active mandates

Brecht Geerardyn

Director · since 22 janvier 2014

Active

Ended mandates

Brecht Geerardyn

Director

Ended
Brecht Geerardyn

Manager

Ended
Shareholders

Ownership and network

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Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/11/2025
    WIJZIGING RECHTSVORM - 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

Timeline

  1. 2025
    Annual accounts 2025223 €↓
  2. 2024
    Annual accounts 20247,6 k €↓
  3. 2023
    Annual accounts 202317,7 k €↑
  4. 2022
    Annual accounts 20221,5 k €↓
  5. 2021
    Annual accounts 20214,9 k €↓
  6. 2020
    Annual accounts 20208,5 k €↓
  7. 2019
    Annual accounts 201910,1 k €↑
  8. 2018
    Annual accounts 20183,5 k €↓
  9. 2017
    Annual accounts 20174,2 k €↓
  10. 2016
    Annual accounts 20165,3 k €↑
  11. 2015
    Annual accounts 2015-3,9 k €↓
  12. 2014
    Annual accounts 20143,8 k €
  13. 22/01/2014
    IncorporationPrivate limited company