AGRIBAYART
ActiveAGRIBAYART has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €145k and a net result of €106k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 37% of 3941 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability87▲+13
Solvency45▲+11
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 1.62 against 0.76 in 2023; short-term debt: 20.3% and cash: 23.3% of total assets), but 80.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
Sector 01
lower
← 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 · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €145k
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 10-06-2025, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
51 d early
2023
49 d early
2022
59 d late
2021
31 d late
2020
48 d late
2019
45 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€106k▲ 499%
2023 · €18k
2018: €-530
2019: €-6k
2020: €-23k
2021: €-38k
2022: €27k
2023: €18k
2018 → 2024
Working capital
€93k
2023 · €-33k
2018: €-153k
2019: €-89k
2020: €-74k
2021: €-50k
2022: €-72k
2023: €-33k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€34k-€-5k€21k€38k▲ 85.2%€145k▲ 275%
Operating result€-19k-€-35k▼ 81.6%€30k€22k▼ 25.7%€148k▲ 570%
Net result€-23k-€-38k▼ 66.0%€27k€18k▼ 33.4%€106k▲ 499%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 570% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €736k
Fixed assets
€494k▲ 57.0%
Current assets
€242k▲ 128%
Equity and liabilities €736k
Equity
€145k▲ 275%
Provisions
€29k
Debt
€563k▲ 47.2%
The debt ratio falls from 90.9% to 76.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€209k▲
2023 · €90k
Cash flow
€168k▲
2023 · €86k
Solvency
19.6%▲
2023 · 9.1%
Current ratio
1.62▲
2023 · 0.76
Quick ratio
1.62▲
2023 · 0.71
Debt / equity
3.89▼
2023 · 9.93
ROE
73.4%▲
2023 · 46.0%
ROA
14.4%▲
2023 · 4.2%
Interest coverage
16.60▼
2023 · 20.81
Debt
€563k▲
2023 · €382k
Debt ≤ 1 year
€149k▲
2023 · €139k
Debt > 1 year
€409k▲
2023 · €243k
Staff costs
€0▼
2023 · €109
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€421k€736k▲
Fixed assets21/28€315k€494k▲
Tangible fixed assets22/27€314k€494k▲
Plant, machinery and equipment23€37k€122k▲
Furniture and vehicles24€277k€371k▲
Financial fixed assets28€300€300=
Current assets29/58€106k€242k▲
Stocks and contracts in progress3€7k€986▼
Stocks30/36€7k€986▼
Amounts receivable within one year40/41€88k€66k▼
Trade receivables40€84k€59k▼
Other amounts receivable41€5k€7k▲
Cash at bank and in hand54/58€7k€172k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€421k€736k▲
Equity10/15€38k€145k▲
Contributions10/11€49k€49k=
Reserves13€43k€129k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132-€87k
Distributable reserves133€43k€43k=
Profit (loss) carried forward14€-53k€-34k▲
Provisions and deferred taxes16-€29k
Deferred taxes168-€29k
Amounts payable17/49€382k€563k▲
Amounts payable after more than one year17€243k€409k▲
Financial debts170/4€243k€409k▲
Amounts payable within one year42/48€139k€149k▲
Current portion of amounts payable after more than one year42€68k€99k▲
Trade debts44€5k€7k▲
Suppliers440/4€5k€7k▲
Taxes, remuneration and social security45€5€0▼
Taxes450/3€5€0▼
Other amounts payable47/48€66k€44k▼
Accrued charges and deferred income492/3-€4k
Income statement
Code20232024
Non-recurring operating income76A€19k€120k▲
Remuneration, social security and pensions62€109€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€68k€62k▼
Other operating charges640/8€834€387▼
Gross operating margin9900€91k€209k▲
Operating profit (loss)9901€22k€148k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€4k€13k▲
Recurring financial charges65€4k€13k▲
Profit (loss) for the period before taxes9903€18k€135k▲
Transfer from deferred taxes780€0€1k▲
Transfer to deferred taxes680-€30k
Profit (loss) for the period9904€18k€106k▲
Transfer from tax-exempt reserves789-€3k
Transfer to tax-exempt reserves689-€90k
Profit (loss) for the period to be appropriated9905€18k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-53k€-34k▲
Profit (loss) brought forward from the previous period14P€-71k€-53k▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €106k ▲499%
Operating result €148k, net result €106k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.62
Current ratio from 0.76 to 1.62.
31-12
Financial
Equity above €100kEq €145k ▲275%
3 profitable years in a row build equity to €145k.
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
31-12
Financial
Back to profitnet €27k
Net result €27k after 4 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-38k
Net result drops to €-38k, the lowest in the series; recovery starts the following year.
17-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 48 days late
2020
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 45 days late
2019
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 13 days late
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 16 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
2016
06-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 37 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Celles (lez-Tournai) · 1 establishment unit since 2001
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.
Chaussée de Renaix (VEL) 317760 Celles (lez-Tournai)Ground area
1.8 ha
Building footprint
492 m²
Volume, LiDAR
3,760 m³
2 parcels, Wallonia · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Clipet (VEL) 2, 7760 Celles (lez-Tournai)
since 20012.098.353.587
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57083D0065/00V000 | Wallonia | 1.4 ha | 1 · 281 m² | 10.8 m · 2 fl. |
| 57083D0061/00P000 | Wallonia | 3,755 m² | 1 · 211 m² | 10.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteCelles (Ht.)2.098.353.587
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Of 4,675 companies in sector 01610 we hold annual accounts for 1,368. 1,140 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-08-2001
Fiscal year end31-12
Activities, NACEBEL
01410Raising of dairy cattle
01610Support activities for crop production
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.