AGM CONSTRUCT
Annual accounts 2025
micro format, filed on 19-05-2026, 73 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 ≈ €490,000. Estimated: probably between €330,000 and €870,000.
Balance sheet
balance sheet total €95,726 on 31-12-2025in euro
in euro
Position in the sector
64.1%
Higher than 69% of 37,177 companies in 2025.
2.77
Higher than 68% of 36,472 companies in 2025.
21.7%
Higher than 80% of 36,707 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
€25,495
Staff costs divided by the average number of full-time equivalents.
Training hours in 2025: 1,048.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||
20/58 |
95,726 | 81,206 | 120,189 | 95,380 | 91,048 | 72,510 | 62,045 | 48,137 | 47,903 | 46,065 | 39,152 | 50,669 | 46,829 | 18,045 | 27,457 | 41,564 | |
20 |
- | - | - | - | - | - | - | - | - | - | - | - | 90 | 270 | 450 | 630 | |
21/28 |
389 | 780 | 606 | 814 | 1,022 | 25 | 5,585 | 11,309 | 18,334 | 25,625 | 6,749 | 10,087 | 13,956 | 7,737 | 13,745 | 19,487 | |
22/27 |
364 | 755 | 581 | 789 | 997 | - | 5,560 | 11,284 | 18,309 | 25,600 | 6,724 | 10,062 | 13,841 | 7,442 | 13,270 | 18,832 | |
23 |
364 | 755 | 581 | 789 | 997 | - | - | - | - | - | - | 283 | 672 | 1,168 | 1,663 | 744 | |
24 |
- | - | - | - | - | - | 5,560 | 11,284 | 18,309 | 22,405 | 333 | 194 | 387 | 6,274 | 11,606 | 18,088 | |
28 |
25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 25 | |
29/58 |
95,337 | 80,426 | 119,583 | 94,566 | 90,025 | 72,485 | 56,461 | 36,828 | 29,568 | 20,439 | 32,403 | 40,582 | 32,873 | 10,308 | 13,712 | 22,077 | |
40/41 |
18,744 | 26,972 | 28,369 | 26,733 | 58,645 | 23,341 | 22,755 | 26,396 | 21,185 | 13,494 | 26,659 | 40,582 | 14,665 | 7,753 | 8,329 | 13,039 | |
40 |
16,519 | 24,938 | 26,565 | 25,828 | 56,255 | 21,252 | 21,156 | 23,931 | 16,342 | 9,479 | 19,895 | 37,515 | 13,056 | 5,200 | 5,314 | 9,623 | |
41 |
2,225 | 2,034 | 1,804 | 904 | 2,390 | 2,090 | 1,599 | 2,465 | 4,842 | 4,015 | 6,764 | 3,067 | 1,608 | 2,553 | 3,015 | 3,416 | |
54/58 |
69,562 | 48,086 | 85,926 | 67,833 | 31,381 | 47,112 | 33,706 | 10,431 | 8,384 | 6,945 | 5,744 | - | 18,209 | 2,556 | 2,646 | 9,038 | |
490/1 |
7,031 | 5,368 | 5,288 | - | - | 2,032 | - | - | - | - | - | - | - | - | 2,737 | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||
10/49 |
95,726 | 81,206 | 120,189 | 95,380 | 91,048 | 72,510 | 62,045 | 48,137 | 47,903 | 46,065 | 39,152 | 50,669 | 46,829 | 18,045 | 27,457 | 41,564 | |
10/15 |
61,368 | 43,700 | 77,807 | 53,170 | 50,085 | 41,299 | 29,087 | 18,544 | 16,458 | 7,737 | 8,768 | 12,446 | 13,290 | 4,473 | 4,191 | 9,344 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
47,249 | 29,582 | 29,582 | 4,945 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | |
133 |
45,389 | 27,722 | 27,722 | 3,085 | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
7,918 | 7,918 | 42,025 | 42,025 | 42,025 | 33,239 | 21,027 | 10,484 | 8,398 | -323 | 708 | 4,386 | 5,230 | -3,587 | -3,869 | 1,284 | |
17/49 |
34,358 | 37,506 | 42,383 | 42,210 | 40,963 | 31,211 | 32,958 | 29,593 | 31,445 | 38,328 | 30,383 | 38,223 | 33,539 | 13,572 | 23,265 | 32,219 | |
17 |
- | - | - | - | - | - | 5,166 | 10,247 | 15,245 | 20,163 | 3,831 | 7,893 | 12,270 | 5,505 | 11,221 | 2,604 | |
170/4 |
- | - | - | - | - | - | 5,166 | 10,247 | 15,245 | 20,163 | 3,831 | 7,893 | 12,270 | 5,505 | 11,221 | 2,604 | |
42/48 |
34,358 | 37,506 | 42,383 | 42,210 | 40,963 | 24,211 | 27,793 | 19,346 | 16,199 | 18,165 | 26,552 | 30,330 | 21,269 | 8,067 | 12,044 | 26,015 | |
42 |
- | - | - | - | - | 5,166 | 5,081 | 4,999 | 4,917 | 8,669 | 4,062 | 4,377 | 8,898 | 5,716 | 6,298 | 1,620 | |
43 |
- | - | - | - | - | - | - | - | - | - | - | 3 | - | - | - | - | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | 3 | - | - | - | - | |
44 |
5,714 | 2,363 | 9,721 | 14,767 | 7,357 | 5,996 | 8,717 | 3,455 | 33 | 622 | 1,631 | 7,422 | 7,739 | 1,595 | 1,532 | 24,042 | |
440/4 |
5,714 | 2,363 | 9,721 | 14,767 | 7,357 | 5,996 | 8,717 | 3,455 | 33 | 622 | 1,631 | 7,422 | 7,739 | 1,595 | 1,532 | 24,042 | |
45 |
17,882 | 23,891 | 20,019 | 16,752 | 20,940 | 2,327 | 5,241 | 2,509 | 2,577 | 1,075 | 833 | 767 | 4,188 | 452 | - | 354 | |
450/3 |
10,704 | 15,972 | 16,852 | 13,512 | 20,379 | 1,415 | 2,875 | - | - | - | - | - | 3,346 | - | - | - | |
454/9 |
7,177 | 7,919 | 3,167 | 3,241 | 561 | 912 | 2,365 | 2,509 | 2,577 | 1,075 | 833 | 767 | 841 | 452 | - | 354 | |
47/48 |
10,763 | 11,252 | 12,642 | 10,690 | 12,666 | 10,723 | 8,754 | 8,383 | 8,672 | 7,800 | 20,026 | 17,761 | 445 | 303 | 4,214 | - | |
492/3 |
- | - | - | - | - | 7,000 | - | - | - | - | - | - | - | - | - | 3,600 | |
| Income statement | |||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | - | - | 1,488 | - | - | - | - | |
9900 |
129,975 | 77,966 | 151,283 | 94,395 | 90,538 | 74,978 | 67,193 | 20,202 | 27,685 | 24,990 | 15,271 | 28,557 | 24,971 | 11,863 | 22,265 | 28,764 | |
62 |
101,981 | 107,865 | 111,827 | 82,595 | 79,098 | 48,774 | 44,521 | 6,455 | 11,515 | 15,601 | 14,132 | 25,032 | 7,328 | 4,851 | 17,731 | 10,969 | |
630 |
391 | 380 | 208 | 208 | 43 | 5,560 | 5,725 | 7,025 | 10,387 | 8,922 | 3,839 | 3,868 | 4,064 | 6,008 | 7,158 | 10,312 | |
640/8 |
3,347 | 1,075 | 1,109 | 3,838 | 956 | 1,321 | 1,377 | 1,023 | 1,955 | 952 | 552 | 913 | 488 | 929 | 1,442 | 783 | |
66A |
- | - | - | - | - | 4,124 | - | - | - | - | - | - | 1,074 | - | - | - | |
9901 |
24,256 | -31,355 | 38,138 | 7,754 | 10,441 | 15,198 | 15,571 | 5,699 | 3,828 | -485 | -3,252 | -1,257 | 13,092 | 75 | -4,066 | 6,701 | |
75/76B |
0 | 20 | 1 | 263 | 0 | 5 | 0 | - | 40 | - | 1 | 3 | 4 | 89 | 2 | 82 | |
75 |
0 | 20 | 1 | 263 | 0 | 5 | 0 | - | 40 | - | 1 | 3 | 4 | 89 | 2 | 82 | |
65/66B |
1,232 | 2,559 | 3,033 | 3,108 | 874 | 328 | 1,153 | 411 | 624 | 547 | 426 | 1,080 | 644 | 933 | 1,089 | 637 | |
65 |
1,232 | 2,559 | 3,033 | 3,108 | 874 | 328 | 1,153 | 411 | 624 | 547 | 426 | 1,080 | 644 | 933 | 1,089 | 637 | |
9903 |
23,024 | -33,893 | 35,105 | 4,909 | 9,568 | 14,875 | 14,418 | 5,288 | 3,244 | -1,031 | -3,678 | -846 | 11,378 | -769 | -5,153 | 6,146 | |
67/77 |
2,271 | 213 | 10,469 | 1,824 | 782 | 2,663 | 3,875 | 3,202 | 2,643 | - | - | -2 | 2,561 | -1,050 | - | 3,001 | |
9904 |
20,753 | -34,107 | 24,637 | 3,085 | 8,786 | 12,212 | 10,543 | 2,086 | 601 | -1,031 | -3,678 | -844 | 8,817 | 281 | -5,153 | 3,144 | |
9905 |
20,753 | -34,107 | 24,637 | 3,085 | 8,786 | 12,212 | 10,543 | 2,086 | 601 | -1,031 | -3,678 | -844 | 8,817 | 281 | -5,153 | 3,144 | |
| Appropriation of the result | |||||||||||||||||
9906 |
28,671 | 7,918 | 66,661 | 45,110 | 42,025 | 33,239 | 21,027 | 10,484 | 8,398 | -323 | 708 | 4,386 | 5,230 | -3,587 | -3,869 | 3,144 | |
14P |
7,918 | 42,025 | 42,025 | 42,025 | 33,239 | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
3,085 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
20,753 | - | 24,637 | 3,085 | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
20,753 | - | 24,637 | 3,085 | - | - | - | - | - | - | - | - | - | - | - | - | |
694/7 |
3,085 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
3,085 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||
9087 |
4 | 4 | 4 | - | 3 | 2.8 | 2.5 | 0.5 | 0.7 | - | 2.2 | 1.9 | 1.2 | 0.8 | 0.9 | 1.2 | |
Hours worked1013 |
3,432 | 3,952 | 4,161 | - | 2,952 | 2,256 | 2,732 | 480 | 840 | - | 1,872 | 2,176 | 1,024 | 696 | 624 | 992 | |
| Document | |||||||||||||||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 19-05-2026.
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 | 19-05-2026 | 2026-00113950 | |
| 31-12-2024 | micro format | 19-06-2025 | 2025-00153595 | |
| 31-12-2023 | micro format | 17-06-2024 | 2024-00133781 | |
| 31-12-2022 | micro format | 15-07-2023 | 2023-00238533 | |
| 31-12-2021 | micro format | 21-06-2022 | 2022-20082007 | |
| 31-12-2020 | micro format | 29-07-2021 | 2021-42900495 | |
| 31-12-2019 | micro format | 14-08-2020 | 2020-41400540 | |
| 31-12-2018 | micro format | 04-07-2019 | 2019-29100405 | |
| 31-12-2017 | micro format | 14-08-2018 | 2018-45500560 | |
| 31-12-2016 | micro format | 30-08-2017 | 2017-54300304 | |
| 31-12-2015 | full format | 16-08-2016 | 2016-42900237 | |
| 31-12-2014 | full format | 27-08-2015 | 2015-49500087 | |
| 31-12-2013 | full format | 14-08-2014 | 2014-43000077 | |
| 31-12-2012 | full format | 29-08-2013 | 2013-51600420 | |
| 31-12-2011 | full format | 13-08-2012 | 2012-40600231 | |
| 31-12-2010 | full format | 30-08-2011 | 2011-52500554 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 24,646 | -30,974 | 38,346 | 7,962 | 10,484 | 20,758 | 21,296 | 12,724 | 14,215 | 8,437 | 586 | 2,612 | 17,156 | 6,083 | 3,092 | 17,013 | ||
| 21,144 | -33,726 | 24,845 | 3,293 | 8,829 | 17,772 | 16,267 | 9,111 | 10,988 | 7,890 | 161 | 3,025 | 12,882 | 6,289 | 2,005 | 13,456 | ||
| 27,289 | 554 | 0 | 0 | 1,040 | 0 | 0 | 0 | 3,096 | 27,798 | 500 | 0 | 16,557 | 0 | 1,415 | 28,899 | ||
| 21,475 | -37,840 | 18,093 | 36,452 | -15,732 | 13,407 | 23,274 | 2,048 | 1,438 | 1,201 | - | - | 15,653 | -91 | -6,392 | - | ||
| 60,978 | 42,920 | 77,200 | 52,356 | 49,062 | 48,274 | 28,668 | 17,481 | 13,369 | 2,274 | 5,851 | 10,252 | 11,604 | 2,241 | 1,668 | -3,938 | ||
| 64.1% | 53.8% | 64.7% | 55.7% | 55.0% | 57.0% | 46.9% | 38.5% | 34.4% | 16.8% | 22.4% | 24.6% | 28.4% | 24.8% | 15.3% | 22.5% | ||
| 2.77 | 2.14 | 2.82 | 2.24 | 2.20 | 2.99 | 2.03 | 1.90 | 1.83 | 1.13 | 1.22 | 1.34 | 1.55 | 1.28 | 1.14 | 0.85 | ||
| 0.56 | 0.86 | 0.54 | 0.79 | 0.82 | 0.76 | 1.13 | 1.60 | 1.91 | 4.95 | 3.47 | 3.07 | 2.52 | 3.03 | 5.55 | 3.45 | ||
| 33.8% | -78.0% | 31.7% | 5.8% | 17.5% | 29.6% | 36.2% | 11.3% | 3.7% | -13.3% | -41.9% | -6.8% | 66.3% | 6.3% | -122.9% | 33.6% | ||
| 21.7% | -42.0% | 20.5% | 3.2% | 9.6% | 16.8% | 17.0% | 4.3% | 1.3% | -2.2% | -9.4% | -1.7% | 18.8% | 1.6% | -18.8% | 7.6% | ||
| 20.01 | -12.11 | 12.64 | 2.56 | 12.00 | - | - | - | - | - | - | - | - | - | - | - |
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.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2021 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 4 | 4 | 4 | 3 |
| full-time | 4 | 4 | 4 | 3 |
| in full-time equivalents | 4 | 4 | 4 | 3 |
| 4 | 4 | 4 | 3 | |
| On a permanent contract | 3 | 3 | 3 | 3 |
| Training hours | 1,048 | 1,056 | 1,040 | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €27,289 | €554 | - | - | €1,040 |
| €391 | €380 | €208 | €208 | €43 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on AGM CONSTRUCT
The operating result for 2025 is a profit of €24,256, after a loss of €31,355 in 2024.
Debt's share of the balance-sheet total falls from 46.2% to 35.9%. Equity is higher and debt is lower.