ACTIVE

AGX GROUP

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Financial year 2025 · closed on 31/12/2025

Net result

63,6 k €

-85.1% YoY

Revenue

12,1 M €

+21.5% YoY

Equity

209 k €

+43.8% YoY

Workforce

10,6 ETP

+7.1% YoY

What does AGX GROUP do?

AGX GROUP is a Private limited company incorporated in 2007. Its registered office is in Zaventem. It employs on average 10,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0888.210.885

Incorporation

23/03/2007

Legal form

Private limited company

Registered office

Excelsiorlaan 10
1930 Zaventem · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

10,6 ETP

Joint committees (1)

Contacts

1 public detail availableLog in to view

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Revenue	12,1 M €	+21.5%	9,9 M €	+16.2%	8,6 M €	+17.0%	7,3 M €	+23.3%	5,9 M €	+16.0%	5,1 M €	+9.7%	4,7 M €	+30.0%	3,6 M €	+14.4%	3,1 M €	+11.4%	2,8 M €	+20.7%	2,3 M €	+17.3%	2 M €	+9.9%	1,8 M €	+25.4%	1,4 M €		–		–		–		–
EBITDA	306,1 k €	-53.0%	651,5 k €	+721%	79,4 k €	-75.6%	325,6 k €	-2.6%	334,3 k €	+83.3%	182,4 k €	-15.3%	215,3 k €	+30.9%	164,5 k €	+74.7%	94,2 k €	-26.7%	128,5 k €	+32.4%	97,1 k €	+28.5%	75,6 k €	+20.4%	62,8 k €	+7.8%	58,2 k €	+58.7%	36,7 k €	-53.5%	78,9 k €	+85.9%	42,4 k €	+27.4%	33,3 k €
Operating result	166,2 k €	-69.2%	538,9 k €	+1050%	-56,7 k €	-127%	211,6 k €	-12.0%	240,6 k €	+112%	113,3 k €	-21.7%	144,7 k €	+39.5%	103,7 k €	+271%	27,9 k €	-62.8%	75,2 k €	+29.3%	58,1 k €	+60.3%	36,3 k €	+3.9%	34,9 k €	+3.2%	33,8 k €	+179%	12,1 k €	-79.5%	59,1 k €	+196%	20 k €	+67.3%	11,9 k €
Net result	63,6 k €	-85.1%	428,5 k €	+507%	-105,3 k €	-184%	124,9 k €	-17.7%	151,8 k €	+141%	62,9 k €	+29.7%	48,5 k €	-11.8%	55 k €	+545%	-12,4 k €	-139%	31,9 k €	+29.8%	24,6 k €	+794%	2,7 k €	-18.6%	3,4 k €	-56.9%	7,8 k €	+257%	-5 k €	-126%	19,4 k €	+210%	6,3 k €	+189%	2,2 k €
Balance sheet
Equity	209 k €	+43.8%	145,4 k €	+94.5%	74,7 k €	-58.5%	180,1 k €	+226%	55,2 k €	-75.5%	224,9 k €	+38.9%	161,9 k €	0.0%	161,9 k €	+51.5%	106,9 k €	-10.4%	119,3 k €	+36.5%	87,4 k €	+39.1%	62,8 k €	+4.6%	60,1 k €	+6.0%	56,7 k €	+16.0%	48,9 k €	-9.2%	53,8 k €	+56.2%	34,5 k €	+22.2%	28,2 k €
Total assets	6,2 M €	+111%	3 M €	-14.4%	3,4 M €	+36.6%	2,5 M €	+35.1%	1,9 M €	+2.1%	1,8 M €	+32.6%	1,4 M €	+19.4%	1,2 M €	-6.0%	1,2 M €	+111%	582,2 k €	+25.0%	465,9 k €	+2.8%	453,1 k €	+8.7%	416,6 k €	+17.1%	355,9 k €	+18.8%	299,7 k €	+7.5%	278,9 k €	+12.0%	249 k €	+4.0%	239,4 k €
Cash	38,7 k €	+61.4%	24 k €	-94.2%	410,8 k €	+52.4%	269,5 k €	+6.5%	253,2 k €	-47.9%	486 k €	+599%	69,6 k €	-5.5%	73,6 k €	+38.4%	53,2 k €		0 €	-100%	15,6 k €	-23.6%	20,4 k €	+137%	8,6 k €	-29.8%	12,3 k €	+556%	1,9 k €	-91.8%	22,8 k €	+66.3%	13,7 k €	-44.7%	24,8 k €
Debts	6 M €	+115%	2,8 M €	-15.9%	3,3 M €	+42.4%	2,3 M €	+29.2%	1,8 M €	+13.0%	1,6 M €	+31.8%	1,2 M €	+22.6%	992,5 k €	-11.4%	1,1 M €	+142%	463 k €	+22.3%	378,5 k €	-3.0%	390,3 k €	+9.5%	356,6 k €	+19.7%	298 k €	+19.1%	250,1 k €	+11.4%	224,6 k €	+4.9%	214 k €	+1.6%	210,6 k €
Other
Workforce	10,6 ETP	+7.1%	9,9 ETP	+26.9%	7,8 ETP	+2.6%	7,6 ETP	+26.7%	6,0 ETP	-10.4%	6,7 ETP	-8.2%	7,3 ETP	+17.7%	6,2 ETP	+5.1%	5,9 ETP	+18.0%	5,0 ETP	+47.1%	3,4 ETP	+6.2%	3,2 ETP	-8.6%	3,5 ETP	+75.0%	2,0 ETP	+100%	1,0 ETP	0.0%	1,0 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 6 ended

Active mandates

DVM Management

Managing director · 0739.651.922

Represented by M DE VRIENDT

Active

Gérard De Baets

Mandate

Active

PATRICK CALLEWAERT

Chairman of the board of directors · 0479.521.973

Represented by Patrick Callewaert

Active

Ended mandates

DVM Management

Managing director · 0739.651.922

Represented by MAXIME DE VRIENDT

Ended

DVM Management

Administrator - manager · 0739.651.922

Represented by MAXIME DE VRIENDT

Ended

GERARD DE BAETS

Administrator - manager

Ended

GERARD DE BAETS

Manager

Ended

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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	01/01/2024	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	25/06/2026	03/07/2025	08/07/2024	03/10/2023	28/09/2022	31/08/2021
General meeting	17/06/2026	18/06/2025	19/06/2024	24/08/2023	01/06/2022	18/08/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	17/06/2026	25/06/2026	Dutch	PDF
Abridged model	31/12/2024	18/06/2025	03/07/2025	Dutch	PDF
Abridged model	31/12/2023	19/06/2024	08/07/2024	French	PDF
Abridged model	31/12/2022	24/08/2023	03/10/2023	French	PDF
Abridged model	31/12/2021	01/06/2022	28/09/2022	French	PDF
Abridged model	31/12/2020	18/08/2021	31/08/2021	French	PDF
Abridged model	31/12/2019	08/09/2020	24/09/2020	French	PDF
Abridged model	31/12/2018	24/05/2019	19/06/2019	French	PDF
Abridged model	31/12/2017	20/06/2018	09/07/2018	French	PDF
Abridged model	31/12/2016	23/06/2017	11/07/2017	French	PDF
Abridged model	31/12/2015	12/03/2016	20/06/2016	French	PDF
Abridged model	31/12/2014	14/03/2015	09/07/2015	French	PDF
Abridged model	31/12/2013	31/07/2014	27/08/2014	French	PDF
Abridged model	31/12/2012	31/07/2013	29/08/2013	French	PDF
Abridged model	31/12/2011	09/11/2012	30/11/2012	French	PDF
Abridged model	31/12/2010	28/09/2011	30/09/2011	French	PDF
Abridged model	31/12/2009	09/11/2010	28/11/2010	French	PDF
Abridged model	31/12/2008	09/05/2009	02/06/2009	French	PDF
Abridged model	31/12/2007	10/05/2008	02/06/2008	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 3 active · 6 ended

Active mandates

DVM Management

Managing director · 0739.651.922

Represented by M DE VRIENDT

Active

Gérard De Baets

Mandate

Active

PATRICK CALLEWAERT

Chairman of the board of directors · 0479.521.973

Represented by Patrick Callewaert

Active

Ended mandates

DVM Management

Managing director · 0739.651.922

Represented by MAXIME DE VRIENDT

Ended

DVM Management

Administrator - manager · 0739.651.922

Represented by MAXIME DE VRIENDT

Ended

GERARD DE BAETS

Administrator - manager

Ended

GERARD DE BAETS

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates21/04/2026
DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/12/2024
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office18/12/2024
SIEGE SOCIAL
PDF
Mandates29/05/2024
DEMISSIONS, NOMINATIONS
PDF
Other17/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Mandates18/08/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates07/01/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates06/11/2013
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
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 202563,6 k €↓
2024
Annual accounts 2024428,5 k €↑
2023
Annual accounts 2023-105,3 k €↓
2023
Name changeAGX GROUP S.P.R.L./B.V.B.
2022
Annual accounts 2022124,9 k €↓
2021
Annual accounts 2021151,8 k €↑
2020
Annual accounts 202062,9 k €↑
2019
Annual accounts 201948,5 k €↓
2018
Annual accounts 201855 k €↑
2017
Annual accounts 2017-12,4 k €↓
2016
Annual accounts 201631,9 k €↑
2015
Annual accounts 201524,6 k €↑
2014
Annual accounts 20142,7 k €↓
2013
Annual accounts 20133,4 k €↓
2012
Annual accounts 20127,8 k €↑
2011
Annual accounts 2011-5 k €↓
2010
Annual accounts 201019,4 k €↑
2009
Annual accounts 20096,3 k €↑
2008
Annual accounts 20082,2 k €
2008
Name changeAGX GROUP
23/03/2007
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

AGX GROUP

Overview

What does AGX GROUP do?

Trend over 18 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