AGRI DEBUSSCHE
ActiveAGRI DEBUSSCHE has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.05M and a net result of €105k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 25% of 9625 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
60
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability54▼-3
Solvency43▼-1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 1.86 against 1.48 in 2023; short-term debt: 42.7% and cash: 10.7% of total assets), but 82.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
17.9%
Return on assets
1.8%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
29 d early
2022
32 d early
2021
24 d late
2020
17 d late
2019
25 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€1.05M▲ 0.4%
2023 · €1.04M
2018: €924k
2019: €923k
2020: €955k
2021: €978k
2022: €1.00M
2023: €1.04M
2018 → 2024
Total assets
€5.85M▲ 5.6%
2023 · €5.54M
2018: €2.51M
2019: €2.68M
2020: €3.61M
2021: €4.27M
2022: €4.53M
2023: €5.54M
2018 → 2024
Net result
€105k▼ 26.0%
2023 · €141k
2018: €111k
2019: €-1k
2020: €132k
2021: €123k
2022: €122k
2023: €141k
2018 → 2024
Working capital
€2.14M▲ 54.1%
2023 · €1.39M
2018: €742k
2019: €720k
2020: €310k
2021: €264k
2022: €294k
2023: €1.39M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€955k-€978k▲ 2.4%€1.00M▲ 2.3%€1.04M▲ 4.1%€1.05M▲ 0.4%
Operating result€156k-€153k▼ 1.8%€182k▲ 18.7%€211k▲ 16.1%€158k▼ 25.3%
Net result€132k-€123k▼ 6.6%€122k▼ 0.7%€141k▲ 15.6%€105k▼ 26.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 25% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.85M
Fixed assets
€1.21M▼ 2.6%
Current assets
€4.64M▲ 7.9%
Equity and liabilities €5.85M
Equity
€1.05M▲ 0.4%
Debt
€4.80M▲ 6.7%
The debt ratio rises from 81.2% to 82.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€203k▼
2023 · €256k
Cash flow
€150k▼
2023 · €186k
Solvency
17.9%▼
2023 · 18.8%
Current ratio
1.86▲
2023 · 1.48
Quick ratio
0.27▲
2023 · 0.09
Debt / equity
4.59▲
2023 · 4.32
ROE
10.0%▼
2023 · 13.6%
ROA
1.8%▼
2023 · 2.6%
Interest coverage
4.02▼
2023 · 4.23
Debt
€4.80M▲
2023 · €4.50M
Debt ≤ 1 year
€2.50M▼
2023 · €2.91M
Debt > 1 year
€2.28M▲
2023 · €1.57M
Income taxes
€5k▼
2023 · €22k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€5.54M€5.85M▲
Fixed assets21/28€1.24M€1.21M▼
Tangible fixed assets22/27€1.24M€1.21M▼
Land and buildings22€1.22M€1.19M▼
Plant, machinery and equipment23€12k€13k▲
Furniture and vehicles24€7k€5k▼
Current assets29/58€4.30M€4.64M▲
Stocks and contracts in progress3€4.05M€3.98M▼
Stocks30/36€4.05M€3.98M▼
Amounts receivable within one year40/41€13k€28k▲
Trade receivables40€2k€12k▲
Other amounts receivable41€10k€16k▲
Cash at bank and in hand54/58€238k€625k▲
Deferred charges and accrued income490/1€5k€10k▲
Equity and liabilities
Total equity and liabilities10/49€5.54M€5.85M▲
Equity10/15€1.04M€1.05M▲
Contributions10/11€164k€164k=
Reserves13€878k€882k▲
Tax-exempt reserves132€41k€41k=
Distributable reserves133€836k€841k▲
Amounts payable17/49€4.50M€4.80M▲
Amounts payable after more than one year17€1.57M€2.28M▲
Financial debts170/4€480k€431k▼
Other amounts payable178/9€1.09M€1.85M▲
Amounts payable within one year42/48€2.91M€2.50M▼
Current portion of amounts payable after more than one year42€49k€49k=
Trade debts44€141k€515k▲
Suppliers440/4€141k€515k▲
Taxes, remuneration and social security45€5k€5k▲
Taxes450/3€575€643▲
Remuneration and social security454/9€4k€5k▲
Other amounts payable47/48€2.71M€1.93M▼
Accrued charges and deferred income492/3€19k€27k▲
Income statement
Code20232024
Non-recurring operating income76A€4k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€45k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€66k-
Other operating charges640/8€9k€10k▲
Gross operating margin9900€331k€213k▼
Operating profit (loss)9901€211k€158k▼
Financial income75/76B€12k€2k▼
Recurring financial income75€12k€2k▼
Financial charges65/66B€60k€51k▼
Recurring financial charges65€60k€51k▼
Profit (loss) for the period before taxes9903€163k€109k▼
Income taxes67/77€22k€5k▼
Profit (loss) for the period9904€141k€105k▼
Profit (loss) for the period to be appropriated9905€141k€105k▼
Appropriation of the result
Profit (loss) to be appropriated9906€141k€105k▼
Transfer to equity691/2€41k€5k▼
To other reserves6921€41k€5k▼
Profit to be distributed694/7€100k€100k=
Directors or managers695€100k€100k=
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €141k ▲15.6%
Operating result €211k, net result €141k, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €1MEq €1.00M ▲2.3%
3 profitable years in a row build equity to €1.00M.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 17 days late
2020
31-12
Financial
Back to profitnet €132k
Net result €132k after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 25 days late
2019
31-12
Financial
Weakest financial yearnet €-1k ▼101%
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
16-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Pittem · 1 establishment unit since 1987
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Brugsesteenweg 1978740 PittemGround area
1,018 m²
Building footprint
187 m²
Volume, LiDAR
732 m³
Parcel 37003C0239/00P002, Flanders · tallest building 5.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DEBUSSCHE AGRO-SERVICE
since 19872.031.027.075
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37003C0239/00P002 | Flanders | 1,018 m² | 1 · 186 m² | 5.4 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
699400LFBXJLL7RHJU52
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Of 346 companies in sector 47812 we hold annual accounts for 204. 140 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-09-1987
Fiscal year end31-12
Activities, NACEBEL
47812Retail trade
51880
29322
33120Repair and maintenance of machinery
46610Wholesale trade
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.