AGFA
ActiveSummary
The annual accounts of AGFA for fiscal year 2025 show a net loss of 148% of the equity at the start of that year. The 2025 annual accounts show equity of €66.7m and a net result of -€40.8m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 269 sector peers (fiscal year 2025). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).
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Signals
This company filed its last 7 accounts on average 65 days before the deadline; the sector median for financial year 2024 is 22 days before the deadline, and 27% of the sector filed late.
Checked, nothing found (2)
History
AGFA was incorporated on 22 November 1995.1 Between 2011 and 2013 the company absorbed 12 companies by merger, including Agfa-Gevaert SAU and AGFA-GEVAERT INVESTMENT FUND.234 The capital was increased 9 times between 2012 and 2026, most recently to EUR 118 million.567 Since 2017 the company has been called AGFA.8 The board currently has 4 members; Vincent Wille has served longest, since 2021.9 Revenue fell from EUR 744 million in 2021 to EUR 375 million in 2025 and headcount from 517 to 247 full-time equivalents.10
- 1Crossroads Bank for Enterprises
- 2Belgian State Gazette, 11-08-2011
- 3Belgian State Gazette, 03-07-2012
- 4Belgian State Gazette, 18-07-2013
- 5Belgian State Gazette, 09-10-2012
- 6Belgian State Gazette, 07-09-2026
- 7Belgian State Gazette, 23-09-2026
- 8Belgian State Gazette, 31-10-2017
- 9Belgian State Gazette, 14-07-2021
- 10National Bank, annual accounts 2021 and 2025
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Financials · fiscal year 2025, full schema
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- 2025 Equity +143% on 2024. Capital increase of €80,000,000 (Official Gazette 01-12-2025).
- 2024 Equity -56% on 2023. Cause not known from the registers.
Peer companies
Historical observationOf the 1,607 companies that looked in July 2024 the way this one looks now, 3.8% went bankrupt within 24 months and 88% are still going.
- 20 years or older
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
- without size
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,607 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €839.4m | €669.5m | €485.6m | €477.3m | €418.4m | ▼ 12.3% |
| Turnover70 | €744.3m | €440.2m | €432.2m | €425.3m | €374.7m | ▼ 11.9% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | -€83,641 | €134,468 | -€623,368 | €642,013 | €110,805 | ▼ 82.7% |
| Own construction capitalised72 | €52.9m | €37.1m | €29.7m | €31.1m | €28.5m | ▼ 8.1% |
| Other operating income74 | €18.5m | €35.9m | €19.3m | €14.5m | €8.4m | ▼ 42.0% |
| Non-recurring operating income76A | €23.9m | €156.2m | €5.0m | €5.7m | €6.6m | ▲ 14.9% |
| Operating charges60/66A | €1.04bn | €610.7m | €520.6m | €496.7m | €442.8m | ▼ 10.8% |
| Goods for resale, raw materials and consumables60 | €586.7m | €345.8m | €323.6m | €315.8m | €260.3m | ▼ 17.6% |
| Purchases600/8 | €545.9m | €341.3m | €321.7m | €317.7m | €242.0m | ▼ 23.8% |
| Change in stocks: decrease (increase)609 | €40.8m | €4.4m | €1.9m | -€1.9m | €18.3m | ▲ 1,073% |
| Services and other goods61 | €135.0m | €118.1m | €95.9m | €90.9m | €81.4m | ▼ 10.4% |
| Remuneration, social security and pensions62 | €116.2m | €74.1m | €72.7m | €58.2m | €57.0m | ▼ 2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €68.2m | €45.3m | €34.4m | €34.9m | €32.5m | ▼ 6.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€1.4m | -€635,973 | -€86,955 | -€251,318 | €2.0m | ▲ 903% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | -€2.6m | -€1.0m | -€774,242 | €139,352 | €52,493 | ▼ 62.3% |
| Other operating charges640/8 | €954,085 | €587,335 | €185,262 | €368,232 | €365,873 | ▼ 0.6% |
| Non-recurring operating charges66A | €140.9m | €28.5m | -€5.4m | -€3.3m | €9.2m | ▲ 381% |
| Operating profit (loss)9901 | -€204.4m | €58.7m | -€34.9m | -€19.4m | -€24.4m | ▼ 26.0% |
| Financial income75/76B | €27.3m | €57.7m | €43.2m | €45.4m | €15.4m | ▼ 66.1% |
| Recurring financial income75 | €24.5m | €44.9m | €42.0m | €35.4m | €12.7m | ▼ 64.2% |
| Income from financial fixed assets750 | €9.3m | €19.5m | €25.0m | €0 | €2.1m | - |
| Income from current assets751 | €633,973 | €255,320 | €400,167 | €603,621 | €560,122 | ▼ 7.2% |
| Other financial income752/9 | €14.6m | €25.1m | €16.6m | €34.8m | €10.0m | ▼ 71.1% |
| Non-recurring financial income76B | €2.8m | €12.9m | €1.2m | €10.0m | €2.7m | ▼ 72.8% |
| Financial charges65/66B | €50.5m | €65.6m | €60.2m | €63.4m | €32.8m | ▼ 48.4% |
| Recurring financial charges65 | €22.1m | €40.2m | €36.5m | €50.7m | €22.3m | ▼ 56.1% |
| Debt charges650 | €5.5m | €9.0m | €15.4m | €14.0m | €11.4m | ▼ 18.9% |
| Other financial charges652/9 | €16.6m | €31.2m | €21.1m | €36.7m | €10.9m | ▼ 70.4% |
| Non-recurring financial charges66B | €28.4m | €25.4m | €23.7m | €12.7m | €10.5m | ▼ 17.4% |
| Profit (loss) for the period before taxes9903 | -€227.6m | €50.9m | -€52.0m | -€37.4m | -€41.8m | ▼ 11.7% |
| Income taxes67/77 | -€1.1m | -€591,663 | -€2.3m | -€2.0m | -€1.0m | ▲ 49.9% |
| Taxes670/3 | €1.7m | €2.5m | €1.3m | €609,929 | €852,570 | ▲ 39.8% |
| Tax adjustments and reversals of tax provisions77 | €2.8m | €3.1m | €3.6m | €2.6m | €1.9m | ▼ 29.1% |
| Profit (loss) for the period9904 | -€226.5m | €51.5m | -€49.7m | -€35.4m | -€40.8m | ▼ 15.2% |
| Profit (loss) for the period to be appropriated9905 | -€226.5m | €51.5m | -€49.7m | -€35.4m | -€40.8m | ▼ 15.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €411.9m | €412.9m | €345.7m | €332.7m | €362.1m | ▲ 8.8% |
| Fixed assets21/28 | €161.0m | €167.3m | €136.9m | €132.2m | €121.7m | ▼ 7.9% |
| Intangible fixed assets21 | €5.9m | €23.0m | €19.9m | €17.2m | €14.6m | ▼ 15.5% |
| Tangible fixed assets22/27 | €4.0m | €3.3m | €3.9m | €4.1m | €4.0m | ▼ 0.8% |
| Land and buildings22 | €99,167 | €192,647 | €169,754 | €47,694 | €24,801 | ▼ 48.0% |
| Plant, machinery and equipment23 | €2.0m | €2.1m | €1.2m | €1.3m | €1.9m | ▲ 42.0% |
| Furniture and vehicles24 | €445,177 | €342,380 | €186,245 | €212,210 | €235,058 | ▲ 10.8% |
| Other tangible fixed assets26 | €524,300 | €423,267 | €1.3m | €1.0m | €844,359 | ▼ 16.2% |
| Assets under construction and advance payments27 | €919,933 | €215,302 | €1.0m | €1.5m | €1.1m | ▼ 27.8% |
| Financial fixed assets28 | €151.1m | €140.9m | €113.2m | €110.9m | €103.1m | ▼ 7.0% |
| Affiliated companies280/1 | €144.6m | €133.7m | €105.4m | €105.4m | €97.6m | ▼ 7.4% |
| Participating interests280 | €144.6m | €133.7m | €105.4m | €105.4m | €97.6m | ▼ 7.4% |
| Companies linked by participating interests282/3 | €6.1m | €6.9m | €7.4m | €5.3m | €5.3m | = |
| Participating interests282 | €6.1m | €6.9m | €7.4m | €5.3m | €5.3m | = |
| Other financial fixed assets284/8 | €307,122 | €285,071 | €296,765 | €247,554 | €234,525 | ▼ 5.3% |
| Shares284 | €126,053 | €126,053 | €126,053 | €126,053 | €123,947 | ▼ 1.7% |
| Amounts receivable and cash guarantees285/8 | €181,069 | €159,018 | €170,712 | €121,501 | €110,579 | ▼ 9.0% |
| Current assets29/58 | €250.9m | €245.6m | €208.8m | €200.5m | €240.4m | ▲ 19.9% |
| Amounts receivable after more than one year29 | €17.2m | €15.4m | €14.0m | €12.5m | €12.7m | ▲ 2.0% |
| Trade receivables290 | €418,893 | €402,310 | €612,374 | €344,570 | €2.2m | ▲ 553% |
| Other amounts receivable291 | €16.8m | €15.0m | €13.4m | €12.1m | €10.5m | ▼ 13.6% |
| Stocks and contracts in progress3 | €71.3m | €68.0m | €66.3m | €69.3m | €50.6m | ▼ 27.1% |
| Stocks30/36 | €71.0m | €67.8m | €65.7m | €69.3m | €50.5m | ▼ 27.0% |
| Work in progress32 | €3.4m | €3.6m | €2.6m | €3.8m | €4.1m | ▲ 8.8% |
| Finished goods33 | €211,692 | €201,489 | €187,837 | €187,837 | €0 | ▼ 100% |
| Goods purchased for resale34 | €67.4m | €64.0m | €62.9m | €65.3m | €46.4m | ▼ 28.9% |
| Contracts in progress37 | €298,099 | €231,220 | €639,779 | €72,722 | €39,083 | ▼ 46.3% |
| Amounts receivable within one year40/41 | €160.6m | €161.1m | €127.5m | €116.5m | €175.1m | ▲ 50.3% |
| Trade receivables40 | €144.5m | €146.3m | €100.2m | €91.5m | €85.1m | ▼ 6.9% |
| Other amounts receivable41 | €16.2m | €14.8m | €27.3m | €25.0m | €90.0m | ▲ 259% |
| Cash at bank and in hand54/58 | €1.4m | €858,436 | €600,384 | €1.8m | €1.5m | ▼ 15.1% |
| Deferred charges and accrued income490/1 | €357,440 | €235,076 | €309,976 | €406,750 | €441,344 | ▲ 8.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €411.9m | €412.9m | €345.7m | €332.7m | €362.1m | ▲ 8.8% |
| Equity10/15 | -€128.9m | €42.6m | €62.9m | €27.5m | €66.7m | ▲ 143% |
| Contributions10/11 | €100.0m | €5.0m | €75.0m | €75.0m | €88.0m | ▲ 17.3% |
| Capital10 | €100.0m | €5.0m | €75.0m | €75.0m | €88.0m | ▲ 17.3% |
| Issued capital100 | €100.0m | €5.0m | €75.0m | €75.0m | €88.0m | ▲ 17.3% |
| Outside capital11 | €4,494 | €4,494 | €4,494 | €4,494 | €4,494 | = |
| Share premium1100/10 | €4,494 | €4,494 | €4,494 | €4,494 | €4,494 | = |
| Reserves13 | €3.1m | €3.1m | €3.1m | €3.1m | €3.1m | = |
| Non-distributable reserves130/1 | €3.1m | €3.1m | €3.1m | €3.1m | €3.1m | = |
| Legal reserve130 | €3.1m | €3.1m | €3.1m | €3.1m | €3.1m | = |
| Tax-exempt reserves132 | €3,112 | €3,112 | €3,112 | €3,112 | €3,112 | = |
| Distributable reserves133 | €20,469 | €20,469 | €20,469 | €20,469 | €20,469 | = |
| Profit (loss) carried forward14 | -€232.0m | €34.5m | -€15.2m | -€50.6m | -€24.4m | ▲ 51.8% |
| Provisions and deferred taxes16 | €159.9m | €21.9m | €10.6m | €6.7m | €10.2m | ▲ 52.5% |
| Provisions for liabilities and charges160/5 | €159.9m | €21.9m | €10.6m | €6.7m | €10.2m | ▲ 52.5% |
| Pensions and similar obligations160 | €1.4m | €1.1m | €1.0m | €978,205 | €942,837 | ▼ 3.6% |
| Other liabilities and charges164/5 | €158.5m | €20.9m | €9.6m | €5.7m | €9.3m | ▲ 62.1% |
| Amounts payable17/49 | €380.9m | €348.3m | €272.2m | €298.5m | €285.2m | ▼ 4.5% |
| Amounts payable after more than one year17 | - | - | - | €150.0m | €152.0m | ▲ 1.3% |
| Financial debts170/4 | - | - | - | €150.0m | €152.0m | ▲ 1.3% |
| Other loans174 | - | - | - | €150.0m | €152.0m | ▲ 1.3% |
| Amounts payable within one year42/48 | €375.4m | €344.8m | €268.8m | €142.6m | €128.1m | ▼ 10.2% |
| Financial debts43 | - | - | - | - | €523,960 | - |
| Other loans439 | - | - | - | - | €523,960 | - |
| Trade debts44 | €118.0m | €100.3m | €78.5m | €88.4m | €78.6m | ▼ 11.2% |
| Suppliers440/4 | €118.0m | €100.3m | €78.5m | €88.4m | €78.6m | ▼ 11.2% |
| Advances received on contracts in progress46 | €1.0m | €941,203 | €1.7m | €2.1m | €1.8m | ▼ 12.6% |
| Taxes, remuneration and social security45 | €20.3m | €20.0m | €17.4m | €17.4m | €17.5m | ▲ 0.5% |
| Taxes450/3 | €5.9m | €6.3m | €5.7m | €5.8m | €6.0m | ▲ 4.5% |
| Remuneration and social security454/9 | €14.5m | €13.7m | €11.7m | €11.7m | €11.5m | ▼ 1.4% |
| Other amounts payable47/48 | €236.0m | €223.6m | €171.2m | €34.6m | €29.6m | ▼ 14.5% |
| Accrued charges and deferred income492/3 | €5.5m | €3.5m | €3.5m | €5.9m | €5.2m | ▼ 13.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€226.5m | €51.5m | -€49.7m | -€35.4m | -€40.8m | ▼ 15.2% |
| + Depreciation and write-downs630 | €68.2m | €45.3m | €34.4m | €34.9m | €32.5m | ▼ 6.9% |
| Operating cash flow (approximation) | -€158.4m | €96.8m | -€15.2m | -€558,540 | -€8.3m | ▼ 1,391% |
| Investment in fixed assets (approximation) | - | -€51.6m | -€4.1m | -€30.2m | -€22.0m | ▲ 27.2% |
| Change in cash | - | -€571,848 | -€258,052 | €1.2m | -€265,923 | ▼ 123% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
23-09
State Gazette act
Capital & sharesCapital increase · Declaration · Capital contribution7 facts ▸
- General meeting, 15-09-2026
- Capital increase, €40.000.000
- Declaration, verzaking verslagplicht, artikel 7:179 §1 Wetboek van Vennootschappen en Verenigingen
- Capital contribution, €40.000.000
- Capital, €118.000.000
- Statutes amendment, 5
- Other statement, coördinatie statuten, gelast
07-09
State Gazette act
Capital & sharesCapital increase · Capital contribution · Capital15 facts ▸
- General meeting, 03-09-2026
- Other statement, waiver of report obligation, artikel 7:228 WVV
- Other statement, 30-06-2026
- Other statement, decision not to dissolve and continue activities, uitvoering maatregelen verslag bestuursorgaan
- Capital increase, €40.000.000
- Other statement, waiver of report obligation, artikel 7:179 §1 WVV
- Capital contribution, €40.000.000
- Capital, €128.000.000
- Reserve release, 0
- Reserve release, 0
- Reserve release, 0
- Capital decrease, €50.000.000
- +3 further facts in this act
02-07
State Gazette act
Resignation: PJY Management BV (director)Reappointment: PJY Management BV (director) · Permanent representative: Pascal Juéry4 facts ▸
- General meeting, 12/05/2026
- Director resignation, PJY Management BV (director)
- Director reappointment, PJY Management BV (director)
- Permanent representative, Pascal Juéry
01-12
State Gazette act
Capital & sharesNet-asset statement · Capital increase · Bank account7 facts ▸
- General meeting, 26 november 2025
- Net-asset statement, 30 juni 2025
- Capital increase, €80.000.000
- Bank account, ING Bank
- Capital decrease, €16.500.000
- Capital, €88.000.000
- Statutes amendment
21-05
State Gazette act
Capital & shares · Statutes amendmentCapital decrease · Capital4 facts ▸
- General meeting, 13 mei 2025
- Capital decrease, €50.500.000
- Capital, €24.500.000
- Statutes amendment
09-01
State Gazette act
Resignation: Dirk De Man (director)Appointment: Loi leng Lam (director)3 facts ▸
- General meeting, 19/11/2024
- Director resignation, Dirk De Man (director)
- Director appointment, Loi leng Lam (director)
23-09
State Gazette act
Permanent representatives: Robin Huybrechts and Frederic Poesen3 facts ▸
- Board meeting, 12/04/2024
- Permanent representative, Robin Huybrechts
- Permanent representative, Frederic Poesen
29-08
State Gazette act
Resignation: KPMG Bedrijfsrevisoren CVBA (statutory auditor)Permanent representatives: Robin Huybrechts and Sofie Van Grieken · Appointment: PwC Bedrijfsrevisoren BV (statutory auditor)5 facts ▸
- General meeting, 14/05/2024
- Director resignation, KPMG Bedrijfsrevisoren CVBA (statutory auditor)
- Permanent representative, Robin Huybrechts
- Auditor appointment, PwC Bedrijfsrevisoren BV (statutory auditor)
- Permanent representative, Sofie Van Grieken
Show earlier events
19-12
State Gazette act
Capital & sharesCapital increase · Capital · Statutes amendment4 facts ▸
- General meeting, 11 december 2023
- Capital increase, €70.000.000
- Capital, €75.000.000
- Statutes amendment
11-07
State Gazette act
Reappointment: Gunther Koch (director)2 facts ▸
- General meeting, 09/05/2023
- Director reappointment, Gunther Koch (director)
07-06
State Gazette act
Resignation: Luc Delagaye (director)Appointment: Gunther Koch (director)3 facts ▸
- Board meeting, 24/04/2023
- Director resignation, Luc Delagaye (director)
- Director appointment, Gunther Koch (director)
08-12
State Gazette act
Capital & sharesCapital increase · Bank account · Capital decrease7 facts ▸
- General meeting, 28/11/2022
- Capital increase, €120.000.000
- Bank account, ING
- Capital decrease, €215.000.000
- Capital, €5.000.000
- Statutes amendment
- Waiver reporting obligation, artikel 7:179 §1 WVV
13-06
State Gazette act
Appointment: KPMG Bedrijfsrevisoren (statutory auditor)Permanent representative: Frederic Poesen3 facts ▸
- Written decision, 10/05/2022
- Auditor appointment, KPMG Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Frederic Poesen
21-10
State Gazette act
Capital & shares · RestructuringDemerger · Accounting effect3 facts ▸
- General meeting, 29/09/2021
- Demerger, Overdracht van de "Offset Solutions" bedrijfstak
- Accounting effect, 01/10/2021
26-08
State Gazette act
RestructuringDemerger · Accounting effect3 facts ▸
- General meeting, 12/08/2021
- Demerger, Overdracht van de "Offset Solutions" bedrijfstak
- Accounting effect, 01/10/2021
15-07
State Gazette act
Capital & sharesCapital decrease · Capital · Statutes amendment4 facts ▸
- General meeting, 29 juni 2021
- Capital decrease, €511.562.503,23
- Capital, €100.000.000
- Statutes amendment
14-07
State Gazette act
Appointment: Vincent Wille (director)2 facts ▸
- General meeting, 24/06/2021
- Director appointment, Vincent Wille (director)
11-06
State Gazette act
Reappointment: Dirk De Man (director)2 facts ▸
- General meeting, 11/05/2021
- Director reappointment, Dirk De Man (director)
08-06
State Gazette act
Capital & sharesCapital decrease · Capital · Statutes amendment5 facts ▸
- General meeting, 12/05/2020
- Capital decrease, €780.000.000
- Capital, €611.562.503,23
- Statutes amendment
- Registered-office move, Vlaamse Gewest
04-06
State Gazette act
Reappointment: PJY Management BV (director)Permanent representative: Pascal Juéry · Resignation: Stefaan Vanhooren (director) · Power of attorney7 facts ▸
- General meeting, 12/05/2020
- Director reappointment, PJY Management BV (director)
- Permanent representative, Pascal Juéry
- Director resignation, Stefaan Vanhooren (director)
- Power of attorney, Iris Meirlaen
- Power of attorney, Nancy De Velder
- Power of attorney, Claire Dascotte
05-03
State Gazette act
Resignation: Christian Reinaudo (director)Appointment: PJY Management BV (director) · Permanent representative: Pascal Juéry4 facts ▸
- Board meeting, 31/01/2020
- Director resignation, Christian Reinaudo (director)
- Director appointment, PJY Management BV (director)
- Permanent representative, Pascal Juéry
11-06
State Gazette act
Reappointment: Christian Reinaudo (director)Appointments: KPMG Bedrijfsrevisoren CVBA (statutory auditor) and Luc Delagaye (director) · Permanent representative: Frederic Poesen · Approval6 facts ▸
- General meeting, 23/05/2019
- Director reappointment, Christian Reinaudo (director)
- Auditor appointment, KPMG Bedrijfsrevisoren CVBA (statutory auditor)
- Permanent representative, Frederic Poesen
- Director appointment, Luc Delagaye (director)
- Approval, 23/05/2019
26-07
State Gazette act
Capital & shares · Statutes amendment · RestructuringDemerger · Capital increase · Share issue9 facts ▸
- General meeting, 29/06/2018
- Demerger, 01/07/2018
- Capital increase, €123.294.159,12
- Share issue, gewone kapitaalaandelen zonder vermelding van nominale waarde, 36640
- Accounting effect, 01/01/2018
- Net-asset statement, 31/12/2017
- Power of attorney, DASCOTTE Claire
- Statutes amendment
- Capital, €1.391.562.503,23
28-05
State Gazette act
Resignation: Kris Hoormaert (director)Appointment: Dirk De Marn (director)3 facts ▸
- General meeting, 08/05/2018
- Director resignation, Kris Hoormaert (director)
- Director appointment, Dirk De Marn (director)
11-05
State Gazette act
RestructuringDemerger1 fact ▸
- Demerger
31-10
State Gazette act
Statutes amendmentName change · Capital4 facts ▸
- General meeting, 17/10/2017
- Name change, AGFA
- Statutes amendment
- Capital, €1.268.268.344,11
07-06
State Gazette act
Appointment: KPMG Bedrijfsrevisoren (statutory auditor)Permanent representative: Frederic Poesen3 facts ▸
- General meeting, 10/05/2016
- Auditor appointment, KPMG Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Frederic Poesen
25-09
State Gazette act
Capital & sharesApproval4 facts ▸
- General meeting, 24/08/2015
- Approval, goedkeuring van de clausules van de wijziging van controle, opgenomen in de Facility Agreement van 17 juli 2015
- General meeting, 25/08/2015
- Approval, goedkeuring van de clausules van wijziging van controle, opgenomen in de Autonomous First Demand Guarantee met de Europese Investeringsbank
01-06
State Gazette act
Reappointment: Stefaan Vanhooren (director)3 facts ▸
- General meeting, 12/05/2015
- Director reappointment, Stefaan Vanhooren (director)
- Shareholder resolution, 12/05/2015
22-07
State Gazette act
Capital & sharesCapital increase · Share issue · Accounting effect6 facts ▸
- General meeting, 01/07/2014
- Capital increase, €29.263.547
- Share issue, 13650, 29.263.547,00
- Accounting effect, 01/01/2014
- Statutes amendment, Artikel 5
- Power of attorney, Iris Meirlaen
04-06
State Gazette act
Reappointment: Kris Hoonaert (director)Power of attorney4 facts ▸
- General meeting, 13/05/2014
- Director reappointment, Kris Hoonaert (director)
- Power of attorney, Iris Meirlaen
- Power of attorney, Claire Dascotte
19-05
State Gazette act
Restructuring · MiscellaneousDemerger1 fact ▸
- Demerger
18-07
State Gazette act
Capital & shares · Statutes amendment · RestructuringMerger · Accounting effect · Capital increase14 facts ▸
- General meeting, 21 juni 2013
- Merger
- Accounting effect, 01-01-2013
- Capital increase, €8.677.000
- Share issue, volgestorte aandelen, 1033
- Share transfer, Agfa-Gevaert → AGFA GRAPHICS
- Share transfer, Luithagen → AGFA GRAPHICS
- Dissolution, 21-06-2013
- Capital, €1.239.004.797,11
- Statutes amendment
- Power of attorney, Dascotte Claire
- Power of attorney, Meirlaen Iris
- +2 further facts in this act
27-06
State Gazette act
Statutes amendmentDemerger · Accounting effect2 facts ▸
- Demerger, Agfa Graphics nv acquired the sales activities of AGFA GRAPHICS S.r.l. without issuance of new shares.
- Accounting effect, 01/07/2013
31-05
State Gazette act
Reappointment: Christian Reinaudo (director)Appointment: KPMG (statutory auditor)3 facts ▸
- General meeting, 14/05/2013
- Director reappointment, Christian Reinaudo (director)
- Auditor appointment, KPMG (statutory auditor)
21-05
State Gazette act
RestructuringMerger · Capital · Share issue7 facts ▸
- Merger
- Capital, €1.230.327.797,11
- Capital, €8.677.000
- Share issue, 1.033 nieuw volgestorte aandelen van de overnemende vennootschap worden uitgereikt aan de aandeelhouders van de overgenomen vennootschap
- Accounting effect, 01/01/2013
- Power of attorney, Iris Meirlaen
- Power of attorney, Iris Meirlaen
07-05
State Gazette act
RestructuringDemerger1 fact ▸
- Demerger, Agfa Graphics S.r.l.
09-10
State Gazette act
Statutes amendmentCapital increase · Accounting effect · Capital7 facts ▸
- General meeting, 28/09/2012
- Capital increase, €45.274.867
- Accounting effect, 01/10/2012
- Capital, €1.230.327.797,11
- Net-asset statement, 01/07/2012
- Power of attorney, Iris Meirlaen
- Statutes amendment
03-07
State Gazette act
RestructuringMerger1 fact ▸
- Merger, 22/06/2012
02-07
State Gazette act
RestructuringMerger1 fact ▸
- Merger, 19/06/2012
02-07
State Gazette act
RestructuringMerger · Dissolution · Accounting effect7 facts ▸
- General meeting, 07/06/2012
- Merger
- Dissolution, ontbinding zonder vereffening
- Accounting effect, 01/01/2012
- Power of attorney, Marie-Josee Crols
- Power of attorney, Claire Dascotte
- Power of attorney, Iris Meirlaen
02-07
State Gazette act
RestructuringMerger1 fact ▸
- Merger, 07/06/2012
02-07
State Gazette act
RestructuringMerger · Dissolution · Accounting effect6 facts ▸
- General meeting, 07/06/2012
- Merger
- Dissolution, ontbinding zonder vereffening
- Accounting effect, 01/07/2012
- Power of attorney, Marie-Josee Crols
- Power of attorney, Iris Meirlaen
02-07
State Gazette act
RestructuringMerger · Dissolution · Accounting effect11 facts ▸
- General meeting, 22/05/2012
- Merger
- Dissolution, ontbinding zonder vereffening
- Accounting effect, 01/01/2012
- Power of attorney, Marie-Josee Crols
- Power of attorney, Claire Dascotte
- Power of attorney, Iris Meirlaen
- Power of attorney, Ángel Artola Vernedas
- Power of attorney, Pere Maristany Mujal
- Power of attorney, Javier Seco Gil
- Statutes amendment
18-05
State Gazette act
Appointment: Stefaan Vanhooren (director)Mandate end3 facts ▸
- General meeting, 24/04/2012
- Director appointment, Stefaan Vanhooren (director)
- Mandate end, onmiddellijk na de jaarvergadering die zich dient uit te spreken over het boekjaar afgesloten op 31 december 2014
19-04
State Gazette act
Capital & shares · Statutes amendment · RestructuringMerger · Net-asset statement · Accounting effect6 facts ▸
- Board meeting, 26/03/2012
- Board meeting, 08/03/2012
- Merger, EUR, 01/07/2012
- Net-asset statement, 31/12/2011
- Net-asset statement, 31/12/2011
- Accounting effect, 01/01/2012
04-04
State Gazette act
RestructuringMerger · Accounting effect · Capital7 facts ▸
- Merger, vereenvoudigde fusie
- Accounting effect, 01/01/2012
- Capital, €1.175.000
- Capital, €1.169.102.930,11
- Net-asset statement, 31/12/2011
- Unavailable reserves, 1.588.784, EUR
- Unavailable reserves, 0, EUR
16-03
State Gazette act
RestructuringMerger · Accounting effect · Power of attorney3 facts ▸
- Merger, grensoverschrijdende fusie door overneming
- Accounting effect, 1 juli 2012
- Power of attorney, Robert Uzieblo
08-02
State Gazette act
RestructuringResignation: GANDI INNOVATIONS (manager) · Merger · Accounting effect5 facts ▸
- General meeting, 15/12/2011
- Merger
- Accounting effect, 01/01/2011
- Director resignation, GANDI INNOVATIONS (manager)
- Director discharge, GANDI INNOVATIONS (manager)
26-01
State Gazette act
MiscellaneousMerger1 fact ▸
- Merger, cross-border merger by absorption, completed
26-01
State Gazette act
MiscellaneousMerger1 fact ▸
- Merger, 20/10/2011
21-11
State Gazette act
RestructuringMerger · Accounting effect · Power of attorney7 facts ▸
- General meeting, 20-10-2011
- Merger, cross-border merger by absorption, 20-10-2011
- Accounting effect, 01-01-2012
- Power of attorney, raad van bestuur
- Power of attorney, Marie-Josee Crols
- Power of attorney, Claire Dascotte
- Power of attorney, Iris Meirlaen
18-11
State Gazette act
RestructuringMerger1 fact ▸
- Merger
22-09
State Gazette act
Statutes amendment · RestructuringMerger · Accounting effect · Power of attorney6 facts ▸
- General meeting, 31/08/2011
- Merger
- Accounting effect, 01/01/2012
- Power of attorney, Marie-Josee Crols
- Power of attorney, Claire Dascotte
- Power of attorney, Iris Meirlaen
12-09
State Gazette act
Capital & shares · MiscellaneousGeneral meeting1 fact ▸
- General meeting, 24/08/2011
11-08
State Gazette act
RestructuringMerger1 fact ▸
- Merger, 29/06/2011
02-08
State Gazette act
RestructuringMerger · Dissolution · Accounting effect7 facts ▸
- General meeting, 29/06/2011
- Merger
- Dissolution, zonder vereffening
- Accounting effect, 01/07/2011
- Power of attorney, Iris Meirlaen
- Power of attorney, Marie-Josee Crols
- Power of attorney, Claire Dascotte
02-08
State Gazette act
RestructuringMerger · Dissolution · Accounting effect7 facts ▸
- General meeting, 29/06/2011
- Merger
- Dissolution, ontbinding zonder vereffening
- Accounting effect, 01/07/2011
- Power of attorney, Marie-Josee Crols
- Power of attorney, Claire Dascotte
- Power of attorney, Iris Meirlaen
02-08
State Gazette act
RestructuringMerger1 fact ▸
- Merger, cross-border merger by absorption, completed and effective
02-08
State Gazette act
RestructuringMerger · Dissolution · Accounting effect8 facts ▸
- General meeting, 29/06/2011
- Merger
- Dissolution, ontbinding zonder vereffening
- Accounting effect, 01/07/2011
- Power of attorney, raad van bestuur
- Power of attorney, Marie-Josee Crols
- Power of attorney, Claire Dascotte
- Power of attorney, Iris Meirlaen
02-08
State Gazette act
RestructuringMerger1 fact ▸
- Merger, 29/06/2011
02-08
State Gazette act
RestructuringMerger · Dissolution · Accounting effect7 facts ▸
- General meeting, 29/06/2011
- Merger
- Dissolution, ontbinding zonder vereffening
- Accounting effect, 01/01/2011
- Power of attorney, Marie-Josee Crols
- Power of attorney, Claire Dascotte
- Power of attorney, Iris Meirlaen
02-08
State Gazette act
RestructuringMerger1 fact ▸
- Merger, 29/06/2011
28-06
State Gazette act
RestructuringMerger1 fact ▸
- Merger
28-06
State Gazette act
RestructuringMerger1 fact ▸
- Merger
19-05
State Gazette act
Restructuring · MiscellaneousMerger · Power of attorney3 facts ▸
- Merger, grensoverschrijdende fusie door overneming
- Board meeting, 06/04/2011
- Power of attorney, Kris HOORNAERT
18-05
State Gazette act
Reappointment: Kris Hoornaert (director)2 facts ▸
- General meeting, 26/04/2011
- Director reappointment, Kris Hoornaert (director)
17-05
State Gazette act
RestructuringMerger · Power of attorney3 facts ▸
- Merger
- Board meeting, 06/04/2011
- Power of attorney, Kris HOORNAERT
17-05
State Gazette act
RestructuringMerger · Power of attorney3 facts ▸
- Merger
- Board meeting, 06/04/2011
- Power of attorney, Kris HOORNAERT
02-05
State Gazette act
RestructuringMerger1 fact ▸
- Merger
25-05
State Gazette act
Resignation: Jozef Cornu (director)Appointments: Christian Reinaudo (director) and KPMG (statutory auditor)4 facts ▸
- General meeting, 27/04/2010
- Director resignation, Jozef Cornu (director)
- Director appointment, Christian Reinaudo (director)
- Auditor appointment, KPMG (statutory auditor)
10-07
State Gazette act
Capital & shares · MiscellaneousPower of attorney2 facts ▸
- General meeting, 16/06/2009
- Power of attorney, Bart Van Isterdael
17-03
State Gazette act
Statutes amendment · Resignations & appointmentsPower of attorney4 facts ▸
- General meeting, 28/02/2008
- Statutes amendment
- Statutes amendment
- Power of attorney, Iris Meirlaen
07-06
State Gazette act
Appointment: KPMG (statutory auditor)2 facts ▸
- General meeting, 08/05/2007
- Auditor appointment, KPMG (statutory auditor)
04-12
State Gazette act
Resignations: I. Merckx, L. Vanreusel and P. VeithenAppointments: Frederik Dehing, Marc Olivie and 3 others · Mandate compensation14 facts ▸
- General meeting, 17/10/2006
- Director resignation, I. Merckx (director)
- Director resignation, L. Vanreusel (director)
- Director resignation, P. Veithen (director)
- Director appointment, Frederik Dehing (director)
- Director appointment, Marc Olivie (director)
- Director appointment, Marc Op de Beeck (director)
- Director appointment, Stefaan Vanhooren (director)
- Director appointment, Anne Vleminckx (director)
- Mandate compensation, Frederik Dehing
- Mandate compensation, Marc Olivie
- Mandate compensation, Marc Op de Beeck
- +2 further facts in this act
03-07
State Gazette act
Reappointment: P. Veithen (director)Mandate compensation3 facts ▸
- General meeting, 09/05/2006
- Director reappointment, P. Veithen (director)
- Mandate compensation, P. Veithen
15-07
State Gazette act
Appointment: KPMG (statutory auditor)Resignation: KPMG (statutory auditor)3 facts ▸
- General meeting, 11/05/2004
- Auditor appointment, KPMG (statutory auditor)
- Auditor resignation, KPMG (statutory auditor)
01-10
State Gazette act
Resignation: T. Sikkink (director)Appointment: Pierre Cottenie (director) · Mandate compensation4 facts ▸
- General meeting, 22/08/2003
- Director resignation, T. Sikkink (director)
- Director appointment, Pierre Cottenie (director)
- Mandate compensation, Pierre Cottenie
Directors · office · real estate
Board 4
8 not recently confirmed
Permanent representatives 1
Statutory auditor 1
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11029A0072/00P004 | Flanders | 7.9 ha | 1 · 5,389 m² | 43.2 m · 8 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- Statutory auditor
- not recently confirmed
- began earlier
| Name | Functions and periods |
|---|---|
| PJY Management BV |
|
| Vincent Wille |
|
| Gunther Koch |
|
| Loi leng Lam |
|
| BV PwC Bedrijfsrevisoren |
|
| Pierre Cottenie |
|
| Anne Vleminckx |
|
| Frederik Dehing |
|
| Marc Olivie |
|
| Marc Op de Beeck |
|
| Kris Hoornaert |
|
| Kris Hoonaert |
|
| Dirk De Marn |
|
| Dirk De Man |
|
| KPMG Bedrijfsrevisoren |
|
| Luc Delagaye |
|
| Stefaan Vanhooren |
|
| Christian Reinaudo |
|
| Kris Hoormaert |
|
| GANDI INNOVATIONS |
|
| Jozef CORNU |
|
| I. Merckx |
|
| L. Vanreusel |
|
| P. Veithen |
|
| T. Sikkink |
|
Articles of association
Full purpose
De vennootschap stelt zich ten voorwerp de vervaardiging en de verkoop van producten evenals de prestatie van diensten op het gebied van fotochemische en digitale vorming, opname, verwerking, weergave en reproductie van beelden, teksten en tekeningen.
Structure & network
Owners and holdings
2 owners · 17 holdingsChain of control
- Agfa-Gevaert
- AGFA
Highest known parent: Agfa-Gevaert. The sources do not say who stands above it.
Owners 2
-
99.99%
-
0.01%
Holdings 17
-
100%
- Agfa HealthCare (Shanghai) Co LtdCNsubsidiarySourceown accounts 2025Equity CNY 137.5mResult CNY 33.2m100%
-
100%
- Agfa HealthCare Malaysia SDN BHDMYsubsidiarySourceown accounts 2025Equity MYR 12.5mResult MYR 384,629100%
-
100%
-
100%
-
100%
-
100%
-
100%
-
99.99%
Show 7 more holdings
-
99.97%
- PT Gevaert Agfa HealthCare IndonesiaIDsubsidiarySourceown accounts 2025Equity IDR 2.40bnResult IDR 2.10bn99.6%
-
82.89%
-
66.33%
- Agfa HealthCare India Private LtdINsubsidiarySourceown accounts 2025Equity INR 802.7mResult INR 75.3m62.19%
-
14.99%
-
11%
According to the 2025 annual accounts of AGFA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
7 connected companiesShow 3 more companies with a shared director
Acquisitions and mergers
17 transactionsCapital and shareholders
- Agfa-Gevaert S.A.
- Agfa-Gevaert (BE 0404.021.727) 13,287 shares
- Luithagen (BE 0425.745.668) 13 shares
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 23-09-2026 Capital increase of 40,000,000 EUR · to 118,000,000 EUR · no new shares · “inbreng”
- 07-09-2026 Capital increase of 40,000,000 EUR · to 128,000,000 EUR · no new shares · “zonder uitgifte van nieuwe aandelen”
- 07-09-2026 Capital reduction of 50,000,000 EUR · to 78,000,000 EUR · “zonder vernietiging van aandelen”
- 01-12-2025 Capital increase of 80,000,000 EUR · to 104,500,000 EUR
- 01-12-2025 Capital reduction of 16,500,000 EUR · to 88,000,000 EUR
- 21-05-2025 Capital reduction of 50,500,000 EUR · to 24,500,000 EUR
- 19-12-2023 Capital increase of 70,000,000 EUR · to 75,000,000 EUR · in kind
- 08-12-2022 Capital increase of 120,000,000 EUR · to 220,000,000 EUR
Show 10 older capital entries
- 08-12-2022 Capital reduction of 215,000,000 EUR · to 5,000,000 EUR
- 15-07-2021 Capital reduction of 511,562,503.23 EUR · to 100,000,000 EUR
- 08-06-2020 Capital reduction of 780,000,000 EUR · to 611,562,503.23 EUR · terugbetaald in speciën
- 26-07-2018 Capital increase of 123,294,159.12 EUR · to 1,391,562,503.23 EUR · 36,640 new shares
- 31-10-2017 Capital stated in the act · 1,268,268,344.11 EUR · 360,964 shares
- 22-07-2014 Capital increase of 29,263,547 EUR · to 1,268,268,344.11 EUR · 13,650 new shares
- 18-07-2013 Capital increase of 8,677,000 EUR · to 1,239,004,797.11 EUR
- 21-05-2013 Capital stated in the act · 1,230,327,797.11 EUR · 346,281 shares
- 09-10-2012 Capital increase of 45,274,867 EUR · to 1,230,327,797.11 EUR · 13,300 new shares · in kind
- 04-04-2012 Capital stated in the act · 1,169,102,930.11 EUR
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 20,815 EUR awarded · 20,816 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 7,072 EUR | 9,202 EUR |
| 2024 | 2 | 7,353 EUR | 5,224 EUR |
| 2022 | 1 | 6,390 EUR | 6,390 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
Similar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.