AGRAR
ActiveSummary
AGRAR has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €218,728 and a net result of €168,250. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 30% of 488 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability29▼-20
Solvency51▲+20
Growth39▼-32
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity tight (current ratio 1.24 against 0.61 in 2024; short-term debt: 63.6% and cash: 0% of total assets), and 74.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
25.8%
Return on assets
19.8%
Age of the figures
12 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €218,728
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-04-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
on the day
2023
on the day
2022
8 d late
2021
1 d early
2020
on the day
2019
50 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 7 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 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 30 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close01-10-2026 today30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
Turnover
€256,623▼ 77.4%
2024 · €1.1m
EBIT margin
-53.2%▼ 55.6pp
2024 · 2.4%
Net result
€168,250▲ 2,240%
2024 · €7,189
Working capital
€127,496
2024 · -€311,450
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€568,535▼ 13.1%€846,281▲ 48.9%€1.2m▲ 41.8%€1.1m▼ 5.3%€256,623▼ 77.4%
Operating result-€116,552▼ 3,125%-€59,167▲ 49.2%€31,519€27,181▼ 13.8%-€136,578
Net result-€124,695below the sector's middle half▼ 929%-€66,143below the sector's middle half▲ 47.0%€13,887within the sector's middle half€7,189within the sector's middle half▼ 48.2%€168,250within the sector's middle half▲ 2,240%
EBIT margin-20.5%▼ 19.9pp-7.0%▲ 13.5pp2.6%▲ 9.6pp2.4%▼ 0.2pp-53.2%▼ 55.6pp
Equity€95,546below the sector's middle half▼ 56.6%€29,403below the sector's middle half▼ 69.2%€43,290below the sector's middle half▲ 47.2%€50,479below the sector's middle half▲ 16.6%€218,728below the sector's middle half▲ 333%
Total assets€847,479within the sector's middle half▲ 3.7%€971,691within the sector's middle half▲ 14.7%€915,626within the sector's middle half▼ 5.8%€879,923within the sector's middle half▼ 3.9%€848,913below the sector's middle half▼ 3.5%
Debt€750,181▲ 26.1%€940,798▲ 25.4%€871,108▼ 7.4%€828,478▼ 4.9%€629,481▼ 24.0%
Working capital-€84,368below the sector's middle half▲ 4.6%-€187,306below the sector's middle half▼ 122%-€185,282below the sector's middle half▲ 1.1%-€311,450below the sector's middle half▼ 68.1%€127,496within the sector's middle half
Solvency11.3%below the sector's middle half▼ 15.7pp3.0%below the sector's middle half▼ 8.2pp4.7%below the sector's middle half▲ 1.7pp5.7%below the sector's middle half▲ 1.0pp25.8%within the sector's middle half▲ 20.0pp
Current ratio0.80within the sector's middle half▲ 0.050.73below the sector's middle half▼ 0.080.73below the sector's middle half=0.61below the sector's middle half▼ 0.111.24within the sector's middle half▲ 0.62
Return on assets (ROA)-14.7%below the sector's middle half▼ 13.2pp-6.8%below the sector's middle half▲ 7.9pp1.5%within the sector's middle half▲ 8.3pp0.8%within the sector's middle half▼ 0.7pp19.8%above the sector's middle half▲ 19.0pp
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.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €136,578 after €27,181 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €848,913
Fixed assets
€181,190 ▼ 52.9%
Current assets
€667,723 ▲ 34.9%
Equity and liabilities €848,913
Equity
€218,728 ▲ 333%
Provisions
€704 ▼ 27.1%
Debt
€629,481 ▼ 24.0%
Debt's share of the balance-sheet total falls from 94.2% to 74.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
-€111,926▼
2024 · €66,728
Cash flow
€192,902▲
2024 · €46,735
Debt to equity
2.88▼
2024 · 16.41
ROE
76.9%▲
2024 · 14.2%
Interest coverage
-8.48▼
2024 · 3.88
Debt ≤ 1 year
€540,227▼
2024 · €806,288
Debt > 1 year
€0▼
2024 · €21,275
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,613 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
2.0%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,613 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €592,962 | €854,894 | €1.2m | €1.1m | €509,725 | ▼ 55.4% |
| Turnover70 | €568,535 | €846,281 | €1.2m | €1.1m | €256,623 | ▼ 77.4% |
| Other operating income74 | €24,426 | €8,613 | €9,328 | €7,895 | €126,877 | ▲ 1,507% |
| Non-recurring operating income76A | - | - | - | - | €126,225 | - |
| Operating charges60/66A | €709,514 | €914,060 | €1.2m | €1.1m | €646,303 | ▼ 42.1% |
| Goods for resale, raw materials and consumables60 | €493,559 | €752,111 | €1.0m | €975,799 | €416,181 | ▼ 57.3% |
| Purchases600/8 | €474,256 | €820,178 | €1.1m | €957,984 | €138,641 | ▼ 85.5% |
| Change in stocks: decrease (increase)609 | €19,303 | -€68,067 | -€44,545 | €17,814 | €277,540 | ▲ 1,458% |
| Services and other goods61 | €158,866 | €107,522 | €96,299 | €86,314 | €186,686 | ▲ 116% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €46,548 | €48,101 | €47,182 | €39,547 | €24,652 | ▼ 37.7% |
| Other operating charges640/8 | €10,541 | €6,327 | €6,786 | €14,579 | €6,752 | ▼ 53.7% |
| Non-recurring operating charges66A | - | - | - | - | €12,031 | - |
| Operating profit (loss)9901 | -€116,552 | -€59,167 | €31,519 | €27,181 | -€136,578 | ▼ 602% |
| Financial income75/76B | €0 | €1 | €0 | - | €320,139 | - |
| Recurring financial income75 | €0 | €1 | €0 | - | €875 | - |
| Income from current assets751 | - | - | - | - | €875 | - |
| Other financial income752/9 | €0 | €1 | €0 | - | - | - |
| Non-recurring financial income76B | - | - | - | - | €319,264 | - |
| Financial charges65/66B | €8,405 | €7,239 | €17,894 | €20,254 | €15,573 | ▼ 23.1% |
| Recurring financial charges65 | €8,405 | €7,239 | €17,894 | €20,254 | €15,573 | ▼ 23.1% |
| Debt charges650 | €7,869 | €7,201 | €9,029 | €17,197 | €13,199 | ▼ 23.3% |
| Other financial charges652/9 | €536 | €38 | €8,865 | €3,057 | €2,374 | ▼ 22.3% |
| Profit (loss) for the period before taxes9903 | -€124,957 | -€66,405 | €13,625 | €6,927 | €167,988 | ▲ 2,325% |
| Transfer from deferred taxes780 | €262 | €262 | €262 | €262 | €262 | = |
| Profit (loss) for the period9904 | -€124,695 | -€66,143 | €13,887 | €7,189 | €168,250 | ▲ 2,240% |
| Transfer from tax-exempt reserves789 | €509 | €509 | €509 | €509 | €509 | = |
| Profit (loss) for the period to be appropriated9905 | -€124,186 | -€65,634 | €14,395 | €7,697 | €168,758 | ▲ 2,092% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €847,479 | €971,691 | €915,626 | €879,923 | €848,913 | ▼ 3.5% |
| Fixed assets21/28 | €500,445 | €471,103 | €423,921 | €385,085 | €181,190 | ▼ 52.9% |
| Tangible fixed assets22/27 | €350,459 | €321,117 | €273,935 | €235,099 | €181,190 | ▼ 22.9% |
| Land and buildings22 | €254,144 | €244,192 | €216,401 | €196,263 | €169,423 | ▼ 13.7% |
| Plant, machinery and equipment23 | €87,019 | €69,479 | €51,938 | €35,090 | €11,767 | ▼ 66.5% |
| Furniture and vehicles24 | €9,296 | €7,446 | €5,596 | €3,746 | €0 | ▼ 100% |
| Financial fixed assets28 | €149,986 | €149,986 | €149,986 | €149,986 | €0 | ▼ 100% |
| Companies linked by participating interests282/3 | €148,736 | €148,736 | €148,736 | €148,736 | €0 | ▼ 100% |
| Participating interests282 | €148,736 | €148,736 | €148,736 | €148,736 | €0 | ▼ 100% |
| Other financial fixed assets284/8 | €1,250 | €1,250 | €1,250 | €1,250 | €0 | ▼ 100% |
| Amounts receivable and cash guarantees285/8 | €1,250 | €1,250 | €1,250 | €1,250 | €0 | ▼ 100% |
| Current assets29/58 | €347,034 | €500,588 | €491,705 | €494,838 | €667,723 | ▲ 34.9% |
| Stocks and contracts in progress3 | €182,742 | €250,809 | €295,354 | €277,540 | €0 | ▼ 100% |
| Stocks30/36 | €182,742 | €250,809 | €295,354 | €277,540 | €0 | ▼ 100% |
| Raw materials and consumables30/31 | €182,742 | €250,809 | €295,354 | €277,540 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €138,797 | €225,810 | €165,059 | €106,326 | €563,304 | ▲ 430% |
| Trade receivables40 | €133,680 | €222,263 | €163,593 | €96,788 | €6,050 | ▼ 93.7% |
| Other amounts receivable41 | €5,118 | €3,548 | €1,466 | €9,537 | €557,254 | ▲ 5,743% |
| Cash at bank and in hand54/58 | €8,458 | €4,341 | €5,753 | €1,382 | €272 | ▼ 80.3% |
| Deferred charges and accrued income490/1 | €17,037 | €19,628 | €25,539 | €109,590 | €104,147 | ▼ 5.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €847,479 | €971,691 | €915,626 | €879,923 | €848,913 | ▼ 3.5% |
| Equity10/15 | €95,546 | €29,403 | €43,290 | €50,479 | €218,728 | ▲ 333% |
| Contributions10/11 | €197,000 | €197,000 | €197,000 | €197,000 | €197,000 | = |
| Capital10 | €197,000 | €197,000 | €197,000 | €197,000 | €197,000 | = |
| Issued capital100 | €197,000 | €197,000 | €197,000 | €197,000 | €197,000 | = |
| Reserves13 | €22,732 | €22,223 | €21,715 | €21,206 | €21,728 | ▲ 2.5% |
| Non-distributable reserves130/1 | €16,043 | €16,043 | €16,043 | €16,043 | €16,043 | = |
| Legal reserve130 | €16,043 | €16,043 | €16,043 | €16,043 | €16,043 | = |
| Tax-exempt reserves132 | €3,402 | €2,894 | €2,385 | €1,876 | €1,368 | ▼ 27.1% |
| Distributable reserves133 | €3,286 | €3,286 | €3,286 | €3,286 | €4,317 | ▲ 31.4% |
| Profit (loss) carried forward14 | -€124,186 | -€189,820 | -€175,425 | -€167,727 | €0 | ▲ 100% |
| Provisions and deferred taxes16 | €1,752 | €1,490 | €1,228 | €966 | €704 | ▼ 27.1% |
| Deferred taxes168 | €1,752 | €1,490 | €1,228 | €966 | €704 | ▼ 27.1% |
| Amounts payable17/49 | €750,181 | €940,798 | €871,108 | €828,478 | €629,481 | ▼ 24.0% |
| Amounts payable after more than one year17 | €318,779 | €252,904 | €194,121 | €21,275 | €0 | ▼ 100% |
| Financial debts170/4 | €318,779 | €252,904 | €194,121 | €21,275 | €0 | ▼ 100% |
| Credit institutions173 | €318,779 | €252,904 | €194,121 | €21,275 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €431,403 | €687,894 | €676,987 | €806,288 | €540,227 | ▼ 33.0% |
| Current portion of amounts payable after more than one year42 | €30,417 | €58,783 | €61,147 | €28,367 | €21,275 | ▼ 25.0% |
| Financial debts43 | €200,000 | €200,000 | €200,000 | €350,000 | €350,000 | = |
| Credit institutions430/8 | €200,000 | €200,000 | €200,000 | €350,000 | €350,000 | = |
| Trade debts44 | €200,986 | €428,320 | €415,589 | €427,921 | €29,000 | ▼ 93.2% |
| Suppliers440/4 | €200,986 | €428,320 | €415,589 | €427,921 | €29,000 | ▼ 93.2% |
| Advances received on contracts in progress46 | - | - | €251 | €0 | - | - |
| Taxes, remuneration and social security45 | €0 | €791 | €0 | - | €78,258 | - |
| Taxes450/3 | €0 | €791 | €0 | - | €78,258 | - |
| Other amounts payable47/48 | - | - | - | - | €61,695 | - |
| Accrued charges and deferred income492/3 | - | - | - | €915 | €89,254 | ▲ 9,651% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€124,695 | -€66,143 | €13,887 | €7,189 | €168,250 | ▲ 2,240% |
| + Depreciation and write-downs630 | €46,548 | €48,101 | €47,182 | €39,547 | €24,652 | ▼ 37.7% |
| Operating cash flow (approximation) | -€78,147 | -€18,042 | €61,069 | €46,735 | €192,902 | ▲ 313% |
| Investment in fixed assets (approximation) | - | -€18,759 | €0 | -€711 | €179,243 | ▲ 25,319% |
| Change in cash | - | -€4,118 | €1,413 | -€4,371 | -€1,110 | ▲ 74.6% |
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
Next filing, fiscal year 2026, expected by
2026
23-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-09
Financial
Highest result since 2019net €168,250 ▲2,240%
Net result €168,250, the highest in the series.
30-09
Financial
Liquidity doublescurrent ratio 1.24
Current ratio from 0.61 to 1.24; short-term debt falls from €806,288 to €540,227.
30-09
Financial
Equity above €200,000Eq €218,728 ▲333%
3 profitable years in a row build equity to €218,728.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-09
Financial
Back to profitnet €13,887
Net result €13,887 after 3 loss-making years.
08-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 8 days late
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-09
Financial
Weakest financial yearnet -€124,695
Net result drops to -€124,695, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
11-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
16-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Pittem · 1 establishment unit since 1993
Ground area
815 m²
Building footprint
175 m²
Volume, LiDAR
886 m³
Parcel 37011D1160/00C002, Flanders · tallest building 9.4 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Kriekestraat 11, 8740 Pittem
since 19932.062.753.696
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37011D1160/00C002 | Flanders | 815 m² | 1 · 175 m² | 9.4 m · 1 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
1 holdingOwners 0
The accounts to 30-09-2024 list no shareholders, and no other source names one.
Holdings 1
-
25.56%
According to the annual accounts to 30-09-2024 of AGRAR 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
No current directors or connected companies found in the register.
Subsidies and aid
Flemish government
2025 · 1 entry · 126,877 EUR awarded · 126,877 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 126,877 EUR | 126,877 EUR |
Similar companies · same sector, comparable size
E. VAN ESPEN
BE 0450.726.435
Zaventem · Eq €218,745
Ferme du Hesbain
BE 1007.138.528
Hannut · Eq €218,396
BEHEER WOUTERS
BE 0447.899.181
Rotselaar · Eq €218,232
DEBRY Simon « Ferme des Moussires»
BE 0693.772.209
Gedinne · Eq €217,339
SARTGES
BE 0425.215.336
Fosses-la-Ville · Eq €220,195
Of 20,577 companies in this sector we hold annual accounts for 1,149. 938 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPublic limited company
Founded02-07-1993
Fiscal year end30-09
Activities, NACEBEL 2025
01500Mixed farming
E-invoicing
Reachable via Peppol
Peppol ID
0208:0450422864
Registered
09-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.