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A & P

Active
Public limited companyfounded 198936 yrs activeKasteelstraat 50, 3800 Sint-Truiden, BelgiumKBO/BCE: BE 0438.783.161
Summary

A & P has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €999,714 and a net result of €8,712. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 66% of 1760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability27=
Solvency82=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days acceptable
Liquidity short (current ratio 0.08 against 0.07 in 2024; short-term debt: 41.2% and cash: 0.2% of total assets), and 43% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 36 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
57%
Return on assets
0.5%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
59 d early
2024
on the day
2023
33 d early
2022
31 d early
2021
61 d early
2020
31 d early
2019
59 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 39 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

A & P was incorporated on 30 October 1989.1 Total assets went from EUR 1.8 million in 2018 to EUR 1.8 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€999,714▲ 0.9%
2024 · €991,001
Total assets
€1.8m▲ 0.6%
2024 · €1.7m
Net result
€8,712▼ 54.2%
2024 · €19,012
Working capital
-€661,218▼ 6.2%
2024 · -€622,358
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€24,679€34,574▲ 40.1%€24,028▼ 30.5%€19,713▼ 18.0%€19,227▼ 2.5%
Net result€11,799within the sector's middle half€14,325within the sector's middle half▲ 21.4%€71,676within the sector's middle half▲ 400%€19,012within the sector's middle half▼ 73.5%€8,712within the sector's middle half▼ 54.2%
Equity€885,988within the sector's middle half▲ 1.3%€900,313within the sector's middle half▲ 1.6%€971,989within the sector's middle half▲ 8.0%€991,001within the sector's middle half▲ 2.0%€999,714within the sector's middle half▲ 0.9%
Total assets€1.8mwithin the sector's middle half▼ 0.1%€1.8mwithin the sector's middle half▼ 1.7%€1.8mwithin the sector's middle half▼ 0.3%€1.7mwithin the sector's middle half▼ 0.8%€1.8mwithin the sector's middle half▲ 0.6%
Debt€907,146▼ 1.4%€862,237▼ 5.0%€784,446▼ 9.0%€751,179▼ 4.2%€752,917▲ 0.2%
Working capital-€604,528▼ 674%-€632,775▼ 4.7%-€596,319▲ 5.8%-€622,358▼ 4.4%-€661,218▼ 6.2%
Solvency49.4%within the sector's middle half▲ 0.7pp51.1%within the sector's middle half▲ 1.7pp55.3%within the sector's middle half▲ 4.3pp56.9%within the sector's middle half▲ 1.5pp57.0%within the sector's middle half▲ 0.2pp
Staff (FTE)0below the sector's middle half
above within below the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000€80,000Operating result 2021: €24,679€24,679Net result 2021: €11,799€11,799Operating result 2022: €34,574€34,574Net result 2022: €14,325€14,325Operating result 2023: €24,028€24,028Net result 2023: €71,676€71,676Operating result 2024: €19,713€19,713Net result 2024: €19,012€19,012Operating result 2025: €19,227€19,227Net result 2025: €8,712€8,71220212022202320242025€0€20,000€40,000€60,000€80,000Operating result 2023: €24,028€24,000Net result 2023: €71,676€71,700Operating result 2024: €19,713€19,700Net result 2024: €19,012€19,000Operating result 2025: €19,227€19,200Net result 2025: €8,712€8,710202320242025
The operating result has fallen three years in a row; 2025 is 2% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets €1.7m ▼ 0.3%
Current assets €60,483 ▲ 35.3%
Equity and liabilities €1.8m
Equity €999,714 ▲ 0.9%
Debt €752,917 ▲ 0.2%
Debt's share of the balance-sheet total falls from 43.1% to 43.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€24,553▼
2024 · €26,793
Cash flow
€14,039▼
2024 · €26,093
Current ratio
0.08▲
2024 · 0.07
Debt to equity
0.75▼
2024 · 0.76
ROE
0.9%▼
2024 · 1.9%
ROA
0.5%▼
2024 · 1.1%
Interest coverage
0.92▲
2024 · 0.87
Debt ≤ 1 year
€721,701▲
2024 · €667,065
Debt > 1 year
€31,216▼
2024 · €84,114
Income taxes
€679▲
2024 · -€88
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.7m€1.8m▲
Fixed assets21/28€1.7m€1.7m▼
Tangible fixed assets22/27€615,994€610,667▼
Land and buildings22€611,536€608,395▼
Plant, machinery and equipment23€3,982€2,264▼
Furniture and vehicles24€476€8▼
Financial fixed assets28€1.1m€1.1m=
Current assets29/58€44,707€60,483▲
Amounts receivable within one year40/41€40,184€53,426▲
Trade receivables40€3,390€18,426▲
Other amounts receivable41€36,794€35,000▼
Current investments50/53€125€125=
Cash at bank and in hand54/58€3,797€3,963▲
Deferred charges and accrued income490/1€601€2,969▲
Equity and liabilities
Total equity and liabilities10/49€1.7m€1.8m▲
Equity10/15€991,001€999,714▲
Contributions10/11€115,000€115,000=
Capital10€115,000€115,000=
Issued capital100€115,000€115,000=
Revaluation surpluses12€564,474€564,474=
Reserves13€311,527€320,239▲
Non-distributable reserves130/1€11,500€11,500=
Legal reserve130€11,500€11,500=
Tax-exempt reserves132€18,750€18,750=
Distributable reserves133€281,277€289,989▲
Amounts payable17/49€751,179€752,917▲
Amounts payable after more than one year17€84,114€31,216▼
Financial debts170/4€84,114€31,216▼
Amounts payable within one year42/48€667,065€721,701▲
Current portion of amounts payable after more than one year42€52,132€52,898▲
Financial debts43€514,311€513,352▼
Credit institutions430/8€514,311€513,352▼
Trade debts44€5,418€2,962▼
Suppliers440/4€5,418€2,962▼
Taxes, remuneration and social security45€1,833€5,087▲
Taxes450/3€1,833€5,087▲
Other amounts payable47/48€93,371€147,401▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,081€5,327▼
Other operating charges640/8€7,370€8,222▲
Gross operating margin9900€34,163€32,775▼
Operating profit (loss)9901€19,713€19,227▼
Financial income75/76B€29,993€16,996▼
Recurring financial income75€29,993€16,996▼
Financial charges65/66B€30,782€26,831▼
Recurring financial charges65€30,782€26,831▼
Profit (loss) for the period before taxes9903€18,924€9,391▼
Income taxes67/77-€88€679▲
Profit (loss) for the period9904€19,012€8,712▼
Profit (loss) for the period to be appropriated9905€19,012€8,712▼
Appropriation of the result
Profit (loss) to be appropriated9906€19,012€8,712▼
Transfer to equity691/2€19,012€8,712▼
To other reserves6921€19,012€8,712▼
Social balance
Average headcount (FTE)9087-0.0

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A--€3,099---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19,520€16,817€14,555€7,081€5,327▼ 24.8%
Other operating charges640/8€7,004€6,463€7,745€7,370€8,222▲ 11.6%
Gross operating margin9900€51,203€57,854€46,328€34,163€32,775▼ 4.1%
Operating profit (loss)9901€24,679€34,574€24,028€19,713€19,227▼ 2.5%
Financial income75/76B€10-€66,993€29,993€16,996▼ 43.3%
Recurring financial income75€10-€66,993€29,993€16,996▼ 43.3%
Financial charges65/66B€11,946€12,614€16,052€30,782€26,831▼ 12.8%
Recurring financial charges65€11,946€12,614€16,052€30,782€26,831▼ 12.8%
Profit (loss) for the period before taxes9903€12,742€21,960€74,969€18,924€9,391▼ 50.4%
Transfer from deferred taxes780€167€167----
Income taxes67/77€1,110€7,802€3,293-€88€679▲ 869%
Profit (loss) for the period9904€11,799€14,325€71,676€19,012€8,712▼ 54.2%
Transfer from tax-exempt reserves789€501€501----
Profit (loss) for the period to be appropriated9905€12,300€14,826€71,676€19,012€8,712▼ 54.2%
Line20212022202320242025Change
Assets
Total assets20/58€1.8m€1.8m€1.8m€1.7m€1.8m▲ 0.6%
Fixed assets21/28€1.7m€1.7m€1.7m€1.7m€1.7m▼ 0.3%
Tangible fixed assets22/27€644,452€636,225€623,074€615,994€610,667▼ 0.9%
Land and buildings22€631,028€622,095€616,431€611,536€608,395▼ 0.5%
Plant, machinery and equipment23-€7,418€5,700€3,982€2,264▼ 43.1%
Furniture and vehicles24€13,424€6,712€944€476€8▼ 98.4%
Financial fixed assets28€1.1m€1.1m€1.1m€1.1m€1.1m=
Current assets29/58€64,369€41,846€51,881€44,707€60,483▲ 35.3%
Amounts receivable within one year40/41€60,205€38,061€43,724€40,184€53,426▲ 33.0%
Trade receivables40€25,205€2,785€6,415€3,390€18,426▲ 443%
Other amounts receivable41€35,000€35,276€37,309€36,794€35,000▼ 4.9%
Current investments50/53€125€125€125€125€125=
Cash at bank and in hand54/58€4,038€1,975€6,144€3,797€3,963▲ 4.4%
Deferred charges and accrued income490/1-€1,684€1,888€601€2,969▲ 394%
Equity and liabilities
Total equity and liabilities10/49€1.8m€1.8m€1.8m€1.7m€1.8m▲ 0.6%
Equity10/15€885,988€900,313€971,989€991,001€999,714▲ 0.9%
Contributions10/11€115,000€115,000€115,000€115,000€115,000=
Capital10€115,000€115,000€115,000€115,000€115,000=
Issued capital100€115,000€115,000€115,000€115,000€115,000=
Revaluation surpluses12€564,474€564,474€564,474€564,474€564,474=
Reserves13€213,881€220,839€292,515€311,527€320,239▲ 2.8%
Non-distributable reserves130/1€11,500€11,500€11,500€11,500€11,500=
Legal reserve130€11,500€11,500€11,500€11,500€11,500=
Tax-exempt reserves132€19,251€18,750€18,750€18,750€18,750=
Distributable reserves133€183,130€190,589€262,265€281,277€289,989▲ 3.1%
Profit (loss) carried forward14-€7,367-----
Provisions and deferred taxes16€167-----
Deferred taxes168€167-----
Amounts payable17/49€907,146€862,237€784,446€751,179€752,917▲ 0.2%
Amounts payable after more than one year17€238,249€187,616€136,246€84,114€31,216▼ 62.9%
Financial debts170/4€238,249€187,616€136,246€84,114€31,216▼ 62.9%
Amounts payable within one year42/48€668,896€674,621€648,200€667,065€721,701▲ 8.2%
Current portion of amounts payable after more than one year42€57,601€50,633€51,370€52,132€52,898▲ 1.5%
Financial debts43€512,368€524,663€500,825€514,311€513,352▼ 0.2%
Credit institutions430/8€512,368€524,663€500,825€514,311€513,352▼ 0.2%
Trade debts44€3,615€6,866€2,265€5,418€2,962▼ 45.3%
Suppliers440/4€3,615€6,866€2,265€5,418€2,962▼ 45.3%
Taxes, remuneration and social security45€3,074€5,154€1,427€1,833€5,087▲ 178%
Taxes450/3€3,074€5,154€1,427€1,833€5,087▲ 178%
Other amounts payable47/48€92,238€87,305€92,313€93,371€147,401▲ 57.9%
Line20212022202320242025Change
Profit (loss) for the period9904€11,799€14,325€71,676€19,012€8,712▼ 54.2%
+ Depreciation and write-downs630€19,520€16,817€14,555€7,081€5,327▼ 24.8%
Operating cash flow (approximation)€31,319€31,142€86,231€26,093€14,039▼ 46.2%
Investment in fixed assets (approximation)--€8,590€1,596€0€0-
Change in cash--€2,063€4,169-€2,347€167▲ 107%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
02-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
16-12
State Gazette act General meeting · Director appointment
Permanent representative · Board meeting
31-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Highest result since 2018net €71,676 ▲400%
Net result €71,676, the highest in the series.
30-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-05
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Back to profitnet €11,799
Net result €11,799 after one loss-making year.
30-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Weakest financial yearnet -€20,168
Net result drops to -€20,168, the lowest in the series; recovery starts the following year.
02-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
10-03
State Gazette act General meeting · Director reappointment
Permanent representative · Board meeting
Show earlier events
2019
21-05
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-05
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2007
21-08
State Gazette act General meeting · Capital increase
Statutes amendment · Corporate purpose
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Truiden · 1 establishment unit since 1989
seat establishment The establishment unit on the map
Ground area
3,028 m²
Building footprint
1,573 m²
Volume, LiDAR
12,467 m³
Parcel 71352C0381/00D000, Flanders · tallest building 16.1 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
A&P
Kasteelstraat 50, 3800 Sint-TruidenGrowing of cereals (except rice), leguminous crops and oil seeds
since 19892.045.695.752
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71352C0381/00D000 Flanders 3,028 m² 1 · 1,573 m² 16.1 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

2 holdings

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 2

According to the 2025 annual accounts of A & P 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

Depth

The group is listed under Ownership & control below; here you explore it as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Ownership & control

1 board mandate
Board mandates of this companythis company sits on their board1
1 location

Similar companies · same sector, comparable size

Of 1,341 companies in sector 01240 we hold annual accounts for 322. 241 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded30-10-1989
Fiscal year end31-12
Activities, NACEBEL 2025
01240Growing of pome and stone fruits
E-invoicing
Reachable via Peppol
Peppol ID 0208:0438783161
Also 9925:BE0438783161
Registered 29-12-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.