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AGARIS BELGIUM

Active
Public limited companyfounded 1984active for 41 yearsSkaldenstraat 7A, 9042 Gent, BelgiumKBO/BCE: BE 0426.540.969
Summary

AGARIS BELGIUM has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.9m and a net result of -€951,757. Equity has been shrinking by about 25% per year since 2019. Its solvency ranks better than 10% of 317 sector peers (NACE 20, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysisFollow ReportCompare
AGARIS BELGIUMActiveChecked score 67/100
Risk analysis ReportCompare

Overview

Official details

Source: KBO
Status
Active since 08-11-1984 Normal situation
Activity
Manufacture of chemicals and chemical products NACE 20150and 1 other
Joint committee
145 Paritair Comité voor het tuinbouwbedrijf · annual accounts 2025
Establishment units
2.131.510.464 9000 Gent, since 22-08-2002
2.213.110.131 9042 Gent, since 01-10-2011
Financial year end
31 December
Peppol
Reachable
Company details

Board and ownership

Board
  • GATTSUManaging director · permanent representative Philippe Gysen
  • Alan BerginDirector · since 22-01-2026
  • Mark PortmanDirector · since 22-01-2026
and 1 other
Auditor
RSM INTERAUDIT
Shareholders
Holdings
Shares in 1 company Balttorf LLC
Board & ownership

Financial position

67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts 2025
Turnover
€68.9m
▲ 9.7%
Loss
€951,757
▼ 27.7%
Equity
€2.9m
▼ 24.4%
Total assets
€30.2m
▲ 21.0%
Employees on 31-12-2025
103
=
  • 2025 accounts filed 38 days after the deadline
Financials
Score breakdownraises riskEquity €2.9m (9.8% of total assets)Liquidity: current ratio 0.82, cash €1.6mLoss of €951,757, the second in a row (financial year 2025)lowers riskFounded in 1984Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 20% of medium-sized companies in chemicals (NACE 20)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 35-6
equity 9.8% of total assets
Liquidity 7-19
short-term debt 89.5% · cash 5.2%
Profitability 33+5
return on assets -3.2%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (108 companies, NACE 20, medium-sized)
Last 24 months 12-2024: 1.6% 01-2025: 1.6%● unchanged vs 12-2024 02-2025: 1.5%▼ -0.1 percentage points vs 01-2025 03-2025: 1.5%● unchanged vs 02-2025 04-2025: 1.6%▲ +0.1 percentage points vs 03-2025 05-2025: 1.6%● unchanged vs 04-2025 06-2025: 1.5%▼ -0.1 percentage points vs 05-2025 07-2025: 1.7%▲ +0.2 percentage points vs 06-2025 08-2025: 0.9%▼ -0.8 percentage points vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 0.9%● unchanged vs 06-2026 08-2026: 1.6%▲ +0.7 percentage points vs 07-2026 09-2026: 1.9%▲ +0.3 percentage points vs 08-2026highest value 10-2026: 0.7%▼ -1.2 percentage points vs 09-2026lowest value 11-2026: 0.7%● unchanged vs 10-2026lowest value
Credit of up to €190,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.82 (1.17 in 2024), below 1. Short-term debt is 89.5% and cash 5.2% of total assets. 90.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 20, medium-sized). It does better than 8% of them on solvency, 6% on liquidity, 19% on profitability and 47% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Equity €2.9m (9.8% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.82, cash €1.6m
NBB · annual accounts
raises risk · Loss of €951,757, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Founded in 1984
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1919202122232425
2019 to 2025 · latest year -€951,757
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 317 sector peers (2025).
NBB · sector comparison
Position among 317 sector peers
Solvency
better than 10%
← weakest strongest →
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-09-2026, 38 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
38 days late
2024
21 days early
2023
8 days early
2022
31 days early
2021
13 days early
2020
10 days late
2019
41 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 2 days after the deadline. In the sector (NACE 20), the median for financial year 2024 was 22 days before the deadline, and 26% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 5 loss-making years in a rowloss in financial year 2025 -€951,757 View
  • Caution: Lower net result than 90% of companies in chemicalssector median €461,868 · 318 companies -€951,757 View
  • New directorslatest change 22-01-2026 · 4 in office 3 joined View
  • Positive: Result rose in 2025from -€1.3m to -€951,757 ▲ 27.7% View

Recent changes

  1. · Gazette deed Capital increase of €6,238,937.19 to €10,238,937.19Resignation: Grant Thornton Bedrijfsrevisoren (statutory auditor) · Appointment: RSM INTERAUDIT (statutory auditor)
  2. · Gazette deed 4 directors appointed, 1 director resigningResignation: PEATINVEST NV (director) · Permanent representative: Philippe Gysen · Appointments: Mark Portman, Alan Bergin and GATTSU BV
  3. · Gazette deed Amendment of the articles
All 19 events

Companies linked to AGARIS BELGIUM

Comparable companies

These companies have the same main activity as AGARIS BELGIUM: manufacture of chemicals and chemical products (NACE 20150). They are comparable in size and age: total assets between €29m and €145m, founded between 1926 and 2004.

CompanyTotal assetsTurnover
AGARIS BELGIUM Gent€30.2m€68.9m
DE CEUSTER MESTSTOFFEN Grobbendonk€57.8m€67.9m
TIMAC AGRO BELUX Charleroi€33.2m€48.9m
KAREL STERCKX Roeselare€33.7m€30.7m
ICL Belgium Grobbendonk€29.5m€37.6m
ROSIER Frasnes-lez-Anvaing€66.8m€83.7m
WALAGRI Sombreffe€145.2m€194.9m
Full comparison

Key facts about AGARIS BELGIUM
What is the company number of AGARIS BELGIUM?
The company number of AGARIS BELGIUM is 0426.540.969. The VAT number is the same number with BE in front: BE 0426.540.969.
Where is AGARIS BELGIUM based?
The registered office is at Skaldenstraat 7A, 9042 Gent.Company details
What does AGARIS BELGIUM do?
According to the KBO register, the main activity is manufacture of chemicals and chemical products (NACE 20150).
What is the legal form of AGARIS BELGIUM?
The legal form of AGARIS BELGIUM is Public limited company (NV).
When was AGARIS BELGIUM founded?
AGARIS BELGIUM was founded on 08-11-1984.
Is AGARIS BELGIUM still active?
Yes, AGARIS BELGIUM is an active enterprise in the KBO register.
How many employees does AGARIS BELGIUM have?
AGARIS BELGIUM had an average of 97.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does AGARIS BELGIUM fall under?
In its 2025 annual accounts, AGARIS BELGIUM states joint committee 145 (Paritair Comité voor het tuinbouwbedrijf).
What is the turnover of AGARIS BELGIUM?
The turnover of AGARIS BELGIUM was €68.9m in financial year 2025, according to the filed annual accounts.
Is AGARIS BELGIUM profitable?
In financial year 2025, AGARIS BELGIUM made a loss of €951,757.
Where can I find the annual accounts of AGARIS BELGIUM?
AGARIS BELGIUM filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AGARIS BELGIUM due?
AGARIS BELGIUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

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