ACTIVE

AGS

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Financial year 2025 · closed on 31/12/2025

Net result

119,4 k €

-65.7% YoY

Revenue

59,2 M €

-14.8% YoY

Equity

1,2 M €

+11.1% YoY

Workforce

5,2 ETP

+8.3% YoY

What does AGS do?

AGS is a Private limited company incorporated in 2011. Its main activity is: Construction of buildings. Its registered office is in Pittem. It employs on average 5,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0832.869.615

Incorporation

11/01/2011

Legal form

Private limited company

Registered office

Vijfstraat 8
8740 Pittem · FlandreSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2025

Average workforce

5,2 ETP

Activities (NACE)

41003Construction of buildings· main 41203Construction of residential and non-residential buildings 46231Wholesale of live animals 46231Wholesale of live animals 41003Construction of buildings 41203Construction of residential and non-residential buildings

Joint committees (4)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Revenue	59,2 M €	-14.8%	69,5 M €	-9.6%	76,9 M €	+51.2%	50,8 M €	+24.6%	40,8 M €	-25.9%	55,1 M €	+2.4%	53,8 M €	+20.8%	44,5 M €	-9.6%	49,3 M €	+68.9%	29,2 M €	+40.2%	20,8 M €		–		–		–		–
EBITDA	240,7 k €	-46.1%	446,4 k €	+37.1%	325,7 k €	+102%	160,9 k €	-46.4%	299,9 k €	-37.5%	479,9 k €	+377%	100,7 k €	-12.5%	115,1 k €	-74.8%	456,3 k €	+130%	198,6 k €	-16.3%	237,3 k €	-27.5%	327,4 k €	+87.9%	174,2 k €	+37.1%	127,1 k €	+854%	13,3 k €
Operating result	181,5 k €	-57.4%	425,7 k €	+25.2%	340 k €	+223%	105,2 k €	-62.9%	283,8 k €	-38.8%	463,5 k €	+504%	76,8 k €	-2.6%	78,8 k €	-81.9%	434,9 k €	+148%	175,4 k €	-14.6%	205,5 k €	-31.9%	301,6 k €	+105%	147,2 k €	+37.3%	107,2 k €	+1791%	5,7 k €
Net result	119,4 k €	-65.7%	347,7 k €	+21.5%	286,2 k €	+381%	59,5 k €	-72.5%	216,6 k €	-40.4%	363,3 k €	+772%	41,6 k €	-17.8%	50,6 k €	-84.5%	327,8 k €	+294%	83,1 k €	+22.5%	67,8 k €	-68.2%	213 k €	+124%	95 k €	+3.3%	92 k €	+15712%	581,6 €
Balance sheet
Equity	1,2 M €	+11.1%	1,1 M €	+15.9%	927,3 k €	+10.3%	841,1 k €	+7.6%	781,5 k €	+17.5%	664,9 k €	+32.6%	501,6 k €	+9.1%	459,9 k €	+12.4%	409,3 k €	+45.4%	281,5 k €	+41.9%	198,4 k €	+4.1%	190,6 k €	+146%	77,5 k €	+138%	32,5 k €	+58.1%	20,6 k €
Total assets	5,3 M €	+9.2%	4,8 M €	-10.7%	5,4 M €	+19.3%	4,5 M €	+34.6%	3,4 M €	-22.9%	4,4 M €	-3.4%	4,5 M €	+15.5%	3,9 M €	+5.3%	3,7 M €	-21.1%	4,7 M €	+84.0%	2,6 M €	-27.8%	3,6 M €	-3.6%	3,7 M €	+193%	1,3 M €	+0.2%	1,3 M €
Cash	170,4 k €	+14.2%	149,3 k €	-54.5%	327,8 k €	+11.9%	292,9 k €	+89.2%	154,8 k €	-78.1%	707,8 k €	+127%	311,8 k €	+96.1%	159 k €	-24.1%	209,4 k €	+149%	84,2 k €	-65.1%	241 k €	+253%	68,3 k €	-79.0%	325,1 k €	+53.9%	211,2 k €	+12.1%	188,3 k €
Debts	4 M €	+6.8%	3,7 M €	-16.4%	4,5 M €	+21.8%	3,7 M €	+41.4%	2,6 M €	-30.1%	3,7 M €	-7.9%	4 M €	+17.2%	3,4 M €	+3.8%	3,3 M €	-24.6%	4,4 M €	+86.0%	2,4 M €	-29.6%	3,4 M €	-5.9%	3,6 M €	+197%	1,2 M €	-1.5%	1,2 M €
Other
Workforce	5,2 ETP	+8.3%	4,8 ETP	-2.0%	4,9 ETP	-5.8%	5,2 ETP	+10.6%	4,7 ETP	0.0%	4,7 ETP	-23.0%	6,1 ETP	-7.6%	6,6 ETP	0.0%	6,6 ETP	+6.5%	6,2 ETP	-11.4%	7,0 ETP	+34.6%	5,2 ETP	+36.8%	3,8 ETP	+65.2%	2,3 ETP	+187%	0,8 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 · 2 active · 10 ended

Active mandates

BRABANT RUBEN

Director · 0873.116.992

Represented by RUBEN BRABANT

Active

DESAFIO

Director · 0887.164.374

Represented by PETER KERKHOF

Active

Ended mandates

BRABANT RUBEN

Manager · since 12 janvier 2011 · 0873.116.992

Represented by RUBEN BRABANT

Ended

DESAFIO

Manager · since 12 janvier 2011 · 0887.164.374

Represented by PETER KERKHOF

Ended

BRABANT RUBEN

Director · since 11 janvier 2011 · 0873.116.992

Represented by RUBEN BRABANT

Ended

BRABANT RUBEN

Manager · since 11 janvier 2011 · 0873.116.992

Represented by RUBEN BRABANT

Ended

At this address

Other companies at this address

Company	CBE no.
4PIGS● Active	0547.949.436
DELT@PORC● Active	0886.106.777
GREEN POWER PITTEM● Bankrupt	0452.919.526
MENAPII● Active	0776.399.084
PORC@● Active	0525.941.918

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	31/08/2026	29/08/2025	30/08/2024	31/08/2023	24/08/2022	31/08/2021
General meeting	20/06/2026	21/06/2025	15/06/2024	31/08/2023	18/06/2022	19/06/2021
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

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	20/06/2026	31/08/2026	Dutch	PDF
Full model	31/12/2024	21/06/2025	29/08/2025	Dutch	PDF
Full model	31/12/2023	15/06/2024	30/08/2024	Dutch	PDF
Full model	31/12/2022	31/08/2023	31/08/2023	Dutch	PDF
Full model	31/12/2021	18/06/2022	24/08/2022	Dutch	PDF
Full model	31/12/2020	19/06/2021	31/08/2021	Dutch	PDF
Full model	31/12/2019	07/09/2020	30/10/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	30/08/2019	Dutch	PDF
Full model	31/12/2017	25/08/2018	28/09/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	28/08/2017	Dutch	PDF
Full model	31/12/2015	18/06/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	20/06/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	21/06/2014	18/07/2014	Dutch	PDF
Abridged model	31/12/2012	15/06/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	16/06/2012	16/07/2012	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 · 2 active · 10 ended

Active mandates

BRABANT RUBEN

Director · 0873.116.992

Represented by RUBEN BRABANT

Active

DESAFIO

Director · 0887.164.374

Represented by PETER KERKHOF

Active

Ended mandates

BRABANT RUBEN

Manager · since 12 janvier 2011 · 0873.116.992

Represented by RUBEN BRABANT

Ended

DESAFIO

Manager · since 12 janvier 2011 · 0887.164.374

Represented by PETER KERKHOF

Ended

BRABANT RUBEN

Director · since 11 janvier 2011 · 0873.116.992

Represented by RUBEN BRABANT

Ended

BRABANT RUBEN

Manager · since 11 janvier 2011 · 0873.116.992

Represented by RUBEN BRABANT

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/01/2021
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates18/01/2018
ONTSLAGEN - BENOEMINGEN
PDF
Registered office14/04/2016
MAATSCHAPPELIJKE ZETEL
PDF
Mandates15/09/2015
ONTSLAGEN - BENOEMINGEN
PDF
Other27/01/2011
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 2025119,4 k €↓
2024
Annual accounts 2024347,7 k €↑
2023
Annual accounts 2023286,2 k €↑
2022
Annual accounts 202259,5 k €↓
2021
Annual accounts 2021216,6 k €↓
2020
Annual accounts 2020363,3 k €↑
2019
Annual accounts 201941,6 k €↓
2018
Annual accounts 201850,6 k €↓
2017
Annual accounts 2017327,8 k €↑
2016
Annual accounts 201683,1 k €↑
2015
Annual accounts 201567,8 k €↓
2014
Annual accounts 2014213 k €↑
2013
Annual accounts 201395 k €↑
2012
Annual accounts 201292 k €↑
2011
Annual accounts 2011581,6 €
11/01/2011
IncorporationPrivate 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

AGS

Overview

What does AGS do?

Trend over 15 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