Checked.be
Active
BE 0833.985.115Cooperative company
AGRICULTURA!
Elsenborn,Eupener Weg 20 ·4750 Bütgenbach, Belgium· 15 yrs active
Sector: Mixed farming
(01500)
Conclusion
AGRICULTURA! has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23k and a net result of €3k. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 33% of 3015 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €23k |
| Net result | €3k |
| Staff (FTE) | 1 |
| Better than sector | 33% |
Financial profile
56
/ 100
Mixed profile: strong on stability, weaker on solvency.
All 5 axes are computed from data Checked has read.
Health
56
Profitability
56
Solvency
15
Growth
52
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Established
Founded in 2011, 15 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
56
/ 100
Fair
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€2k
estimate, not credit advice
Score history
43
2021
56
2022
25
2023
25
2024
56
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 0.69 (< 1.0)
-10
Leverage
Debt/equity 4.99 (> 3.0)
-10
Profitability
ROE 11% (≥ 10%)
+10
Interest coverage
Interest coverage 59.8× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 16-08-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable
Equity: stable across 5 fiscal years (±1.4%/year).
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 01, Crop and animal production, hunting and related service activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 16.7% | 33.3% | |
| Net result | €3k | €7k | |
| Equity | €23k | €88k | |
| Gross operating margin | €76k | €48k | |
| Staff costs | €47k | €31k |
€27k
+32.0%
21-25
€3k
-
21-25
€27k
+34.9%
21-25
€135k
-15.5%
21-25
€23k
+12.6%
21-25
€-35k
+27.2%
21-25
1
0.0%
21-25
€47k
+0.9%
21-25
€65
-1.5%
21-25
€112k
-19.6%
21-25
€112k
-18.4%
21-25
0.69
+5.8%
21-25
0.69
+5.8%
21-25
16.7%
+33.4%
21-25
4.99
-28.6%
21-25
11.2%
-
21-25
1.9%
-
21-25
59.75
+126.6%
21-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €27k | €21k | €18k | €31k | €22k |
| Net profit | €3k | €-5k | €-4k | €9k | €4k |
| Cash flow | €27k | €20k | €17k | €30k | €22k |
| Staff costs | €47k | €47k | €46k | €43k | €41k |
| Income taxes | €65 | €66 | €64 | €64 | €67 |
| Dividends | - | - | - | - | - |
| Total assets | €135k | €160k | €179k | €177k | €166k |
| Equity | €23k | €20k | €25k | €28k | €19k |
| Debt | €112k | €140k | €154k | €149k | €147k |
| of which ≤ 1y | €112k | €138k | €152k | €144k | €138k |
| of which > 1y | - | - | - | - | - |
| Working capital | €-35k | €-48k | €-60k | €-55k | €-60k |
| Employees (FTE) | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.69 | 0.65 | 0.60 | 0.62 | 0.57 |
| Quick ratio | 0.69 | 0.65 | 0.60 | 0.62 | 0.57 |
| Working capital ratio | -26.0% | -30.2% | -33.8% | -30.8% | -35.8% |
| Solvency | 16.7% | 12.5% | 13.8% | 16.0% | 11.4% |
| Debt / equity | 4.99 | 6.98 | 6.23 | 5.25 | 7.75 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | 59.75 | 26.37 | 26.97 | 129.66 | 153.45 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 1.9% | -3.0% | -2.0% | 5.3% | 2.7% |
| ROE | 11.2% | -23.6% | -14.6% | 33.0% | 23.2% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €135k | €160k | €179k | €177k | €166k |
| Fixed assets | 21/28 | €58k | €70k | €87k | €88k | €88k |
| Tangible fixed assets | 22/27 | €58k | €70k | €87k | €88k | €88k |
| Current assets | 29/58 | €77k | €89k | €92k | €89k | €78k |
| Amounts receivable within one year | 40/41 | €55k | €76k | €78k | €85k | €49k |
| Investments | 50/53 | €18k | - | - | - | - |
| Cash & bank | 54/58 | €4k | €9k | €10k | €886 | €29k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €135k | €160k | €179k | €177k | €166k |
| Equity | 10/15 | €23k | €20k | €25k | €28k | €19k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | €19k |
| Reserves | 13 | €8k | €8k | €8k | €8k | €8k |
| Accumulated profits (losses) | 14 | €-4k | €-6k | €-1k | €2k | €-7k |
| Amounts payable | 17/49 | €112k | €140k | €154k | €149k | €147k |
| Amounts payable within one year | 42/48 | €112k | €138k | €152k | €144k | €138k |
| Trade debts payable within one year | 44 | €679 | €3k | €6k | €7k | €3k |
| Income statement | ||||||
| Gross operating margin | 9900 | €76k | €69k | €65k | €75k | €64k |
| Operating result | 9901 | €3k | €-4k | €-3k | €10k | €5k |
| Financial income | 75 | €3 | €25 | - | €1 | €57 |
| Financial charges | 65 | €455 | €781 | €660 | €237 | €142 |
| Result before taxes | 9903 | €3k | €-5k | €-4k | €9k | €4k |
| Income taxes | 67/77 | €65 | €66 | €64 | €64 | €67 |
| Net result for the period | 9904 | €3k | €-5k | €-4k | €9k | €4k |
| Result to be appropriated | 9905 | €3k | €-5k | €-4k | €9k | €4k |
Legal Structure
| NACE primary | Mixed farming(01500) |
| Legal form | Cooperative company(706) |
| Incorporation | 11-02-2011 |
| Status | Active |
| Postal code | 4750 |
Establishment units
Schoppen,Hansen Hüll 5, 4770 Amel
since 20112.197.669.909
Updates
Next filing, fiscal year 2026, expected by
2026
16-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 16 days late
2025
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
27-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
20-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 20 days late
2022
31-12
Financial
Highest result since 2021net €9k ▲113%
Operating result €10k, net result €9k, both a record.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
2020
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 4 days late
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
27-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Mixed farming01500Support activities for crop production01610Raising of horses and other equines01430
Names & trade names
| Legal nameFR | AGRICULTURA! |
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