AGA2
Annual accounts 2025
micro format, filed on 27-07-2026, 4 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €200,000. Estimated: probably between €160,000 and €310,000.
Balance sheet
balance sheet total €1.9m on 31-12-2025in euro
in euro
Position in the sector
7.2%
Higher than 29% of 17,194 companies in 2025.
0.23
Higher than 19% of 16,491 companies in 2025.
1.1%
Higher than 47% of 16,870 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: top quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
1.9m | 2.0m | 2.1m | 2.2m | 2.2m | |
21/28 |
1.9m | 2.0m | 2.0m | 2.1m | 2.2m | |
22/27 |
1.9m | 2.0m | 2.0m | 2.1m | 2.2m | |
22 |
1.9m | 2.0m | 2.0m | 2.1m | 2.2m | |
29/58 |
42,954 | 65,220 | 72,745 | 58,292 | 35,831 | |
40/41 |
37,245 | 50,642 | 67,223 | 48,353 | 2,420 | |
40 |
28,626 | 35,211 | 51,791 | 48,353 | 2,420 | |
41 |
8,619 | 15,431 | 15,431 | - | - | |
54/58 |
5,708 | 14,578 | 5,523 | 9,939 | 33,411 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
1.9m | 2.0m | 2.1m | 2.2m | 2.2m | |
10/15 |
138,523 | 117,841 | 115,085 | 110,311 | 100,104 | |
10/11 |
150,000 | 150,000 | 150,000 | 150,000 | 150,000 | |
10 |
- | - | - | 150,000 | 150,000 | |
100 |
- | - | - | 150,000 | 150,000 | |
14 |
-11,477 | -32,159 | -34,915 | -39,689 | -49,896 | |
17/49 |
1.8m | 1.9m | 2.0m | 2.1m | 2.1m | |
17 |
1.6m | 1.7m | 1.8m | 1.9m | 2.0m | |
170/4 |
1.6m | 1.7m | 1.8m | 1.9m | 2.0m | |
42/48 |
183,200 | 208,168 | 201,415 | 178,173 | 150,280 | |
42 |
91,144 | 91,138 | 87,196 | 83,291 | 20,030 | |
44 |
17,449 | 26,694 | 47,515 | 28,961 | 22,542 | |
440/4 |
17,449 | 26,694 | 47,515 | 28,961 | 22,542 | |
45 |
12,472 | 12,201 | 5,371 | 5,665 | 2,030 | |
450/3 |
10,572 | 10,301 | 3,471 | 3,765 | 2,030 | |
454/9 |
1,900 | 1,900 | 1,900 | 1,900 | - | |
47/48 |
62,135 | 78,135 | 61,333 | 60,255 | 105,678 | |
492/3 |
- | 468 | - | - | - | |
| Income statement | ||||||
9900 |
146,943 | 132,678 | 138,874 | 127,470 | 17,011 | |
630 |
73,633 | 73,633 | 73,633 | 73,633 | 18,560 | |
640/8 |
17,127 | 16,490 | 17,094 | 977 | 348 | |
9901 |
56,182 | 42,555 | 48,146 | 52,860 | -1,896 | |
65/66B |
35,501 | 39,798 | 43,372 | 42,653 | 48,000 | |
65 |
35,501 | 39,798 | 43,372 | 42,653 | 48,000 | |
9903 |
20,681 | 2,757 | 4,774 | 10,207 | -49,896 | |
9904 |
20,681 | 2,757 | 4,774 | 10,207 | -49,896 | |
9905 |
20,681 | 2,757 | 4,774 | 10,207 | -49,896 | |
| Appropriation of the result | ||||||
9906 |
-11,477 | -32,159 | -34,915 | -39,689 | -49,896 | |
14P |
-32,159 | -34,915 | -39,689 | -49,896 | - | |
| Document | ||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 27-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 27-07-2026 | 2026-00333103 | |
| 31-12-2024 | micro format | 24-06-2025 | 2025-00173303 | |
| 31-12-2023 | micro format | 27-06-2024 | 2024-00169521 | |
| 31-12-2022 | micro format | 10-07-2023 | 2023-00219257 | |
| 31-12-2021 | micro format | 13-07-2022 | 2022-20179215 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 129,815 | 116,188 | 121,780 | 126,493 | 16,664 | ||
| 94,315 | 76,390 | 78,407 | 83,840 | -31,336 | ||
| 0 | 0 | 0 | 0 | 2.2m | ||
| -8,869 | 9,055 | -4,416 | -23,472 | - | ||
| -140,246 | -142,949 | -128,669 | -119,880 | -114,450 | ||
| 7.2% | 5.8% | 5.5% | 5.1% | 4.5% | ||
| 0.23 | 0.31 | 0.36 | 0.33 | 0.24 | ||
| 12.94 | 16.21 | 17.32 | 18.65 | 21.17 | ||
| 14.9% | 2.3% | 4.1% | 9.3% | -49.8% | ||
| 1.1% | 0.1% | 0.2% | 0.5% | -2.2% | ||
| 3.66 | 2.92 | 2.81 | 2.97 | 0.35 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €2.2m |
| €73,633 | €73,633 | €73,633 | €73,633 | €18,560 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on AGA2
The operating result for 2025 is 32% higher than in 2024 and the highest since 2021. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 94.2% to 92.8%. Equity is higher and debt is lower.