AGRIDE
ActiveSummary
AGRIDE has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €84k and a net result of €1k. Its solvency ranks better than 43% of 3941 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability69▼-21
Solvency50▼-2
Growth52
Track record94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.02 against 1.23 in 2023; short-term debt: 62.9% and cash: 23.9% of total assets), and 75.2% of the assets are financed with debt.
Credit check 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 · 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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
24.8%
Return on assets
0.3%
Age of the figures
21 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 03-07-2025, 28 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
28 d early
2023
37 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€84k▲ 1.2%
2023 · €83k
2023: €83k
2024: €84k▲ +1.2% vs 2023
2023 → 2024
Total assets
€338k▲ 8.8%
2023 · €311k
2023: €311k
2024: €338k▲ +8.8% vs 2023
2023 → 2024
Net result
€1k▼ 98.1%
2023 · €53k
2023: €53k
2024: €1k▼ -98.1% vs 2023
2023 → 2024
Working capital
€4k▼ 92.0%
2023 · €44k
2023: €44k
2024: €4k▼ -92.0% vs 2023
2023 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€83k-€84k▲ 1.2%
2023: €83k
2024: €84k▲ +1.2% vs 2023
Operating result€75k-€1k▼ 98.2%
2023: €75k
2024: €1k▼ -98.2% vs 2023
Net result€53k-€1k▼ 98.1%
2023: €53k
2024: €1k▼ -98.1% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 98% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €338k
Fixed assets
€122k ▲ 60.9%
Current assets
€216k ▼ 7.7%
Equity and liabilities €338k
Equity
€84k ▲ 1.2%
Debt
€254k ▲ 11.6%
Debt's share of the balance-sheet total rises from 73.4% to 75.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€27k▼
2023 · €91k
Cash flow
€26k▼
2023 · €69k
Current ratio
1.02▼
2023 · 1.23
Quick ratio
0.65▲
2023 · 0.53
Debt to equity
3.04▲
2023 · 2.75
ROE
1.2%▼
2023 · 63.8%
ROA
0.3%▼
2023 · 17.0%
Interest coverage
83.61▼
2023 · 1296.19
Debt ≤ 1 year
€213k▲
2023 · €190k
Income taxes
€340▼
2023 · €22k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€311k€338k▲
Formation expenses20€749-
Fixed assets21/28€76k€122k▲
Tangible fixed assets22/27€76k€122k▲
Land and buildings22€0-
Plant, machinery and equipment23€29k€25k▼
Furniture and vehicles24€47k€97k▲
Leasing and similar rights25€0-
Other tangible fixed assets26€0-
Assets under construction and advance payments27€0-
Financial fixed assets28€0-
Current assets29/58€234k€216k▼
Stocks and contracts in progress3€134k€77k▼
Stocks30/36€134k€77k▼
Amounts receivable within one year40/41€60k€54k▼
Trade receivables40€60k€54k▼
Cash at bank and in hand54/58€39k€81k▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€311k€338k▲
Equity10/15€83k€84k▲
Contributions10/11€30k€30k=
Reserves13€33k€33k=
Distributable reserves133€33k€33k=
Profit (loss) carried forward14€20k€21k▲
Amounts payable17/49€228k€254k▲
Amounts payable within one year42/48€190k€213k▲
Trade debts44€126k€142k▲
Suppliers440/4€126k€142k▲
Taxes, remuneration and social security45€24k€23k▼
Taxes450/3€24k€23k▼
Other amounts payable47/48€40k€47k▲
Accrued charges and deferred income492/3€38k€42k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€25k▲
Other operating charges640/8€504€13k▲
Gross operating margin9900€91k€40k▼
Operating profit (loss)9901€75k€1k▼
Financial income75/76B€0€331▲
Recurring financial income75€0€331▲
Financial charges65/66B€70€317▲
Recurring financial charges65€70€317▲
Profit (loss) for the period before taxes9903€75k€1k▼
Income taxes67/77€22k€340▼
Profit (loss) for the period9904€53k€1k▼
Profit (loss) for the period to be appropriated9905€53k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€53k€21k▼
Profit (loss) brought forward from the previous period14P-€20k
Transfer to equity691/2€33k-
To other reserves6921€33k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16k | €25k | ▲ 55.7% |
| Other operating charges640/8 | €504 | €13k | ▲ 2,508% |
| Gross operating margin9900 | €91k | €40k | ▼ 56.6% |
| Operating profit (loss)9901 | €75k | €1k | ▼ 98.2% |
| Financial income75/76B | €0 | €331 | ▲ 3,309,300% |
| Recurring financial income75 | €0 | €331 | ▲ 3,309,300% |
| Financial charges65/66B | €70 | €317 | ▲ 352% |
| Recurring financial charges65 | €70 | €317 | ▲ 352% |
| Profit (loss) for the period before taxes9903 | €75k | €1k | ▼ 98.2% |
| Income taxes67/77 | €22k | €340 | ▼ 98.4% |
| Profit (loss) for the period9904 | €53k | €1k | ▼ 98.1% |
| Profit (loss) for the period to be appropriated9905 | €53k | €1k | ▼ 98.1% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €311k | €338k | ▲ 8.8% |
| Formation expenses20 | €749 | - | - |
| Fixed assets21/28 | €76k | €122k | ▲ 60.9% |
| Tangible fixed assets22/27 | €76k | €122k | ▲ 60.9% |
| Land and buildings22 | €0 | - | - |
| Plant, machinery and equipment23 | €29k | €25k | ▼ 12.8% |
| Furniture and vehicles24 | €47k | €97k | ▲ 107% |
| Leasing and similar rights25 | €0 | - | - |
| Other tangible fixed assets26 | €0 | - | - |
| Assets under construction and advance payments27 | €0 | - | - |
| Financial fixed assets28 | €0 | - | - |
| Current assets29/58 | €234k | €216k | ▼ 7.7% |
| Stocks and contracts in progress3 | €134k | €77k | ▼ 42.1% |
| Stocks30/36 | €134k | €77k | ▼ 42.1% |
| Amounts receivable within one year40/41 | €60k | €54k | ▼ 10.2% |
| Trade receivables40 | €60k | €54k | ▼ 10.2% |
| Cash at bank and in hand54/58 | €39k | €81k | ▲ 107% |
| Deferred charges and accrued income490/1 | €2k | €4k | ▲ 151% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €311k | €338k | ▲ 8.8% |
| Equity10/15 | €83k | €84k | ▲ 1.2% |
| Contributions10/11 | €30k | €30k | = |
| Reserves13 | €33k | €33k | = |
| Distributable reserves133 | €33k | €33k | = |
| Profit (loss) carried forward14 | €20k | €21k | ▲ 5.1% |
| Amounts payable17/49 | €228k | €254k | ▲ 11.6% |
| Amounts payable within one year42/48 | €190k | €213k | ▲ 12.0% |
| Trade debts44 | €126k | €142k | ▲ 12.8% |
| Suppliers440/4 | €126k | €142k | ▲ 12.8% |
| Taxes, remuneration and social security45 | €24k | €23k | ▼ 4.1% |
| Taxes450/3 | €24k | €23k | ▼ 4.1% |
| Other amounts payable47/48 | €40k | €47k | ▲ 19.2% |
| Accrued charges and deferred income492/3 | €38k | €42k | ▲ 9.7% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €53k | €1k | ▼ 98.1% |
| + Depreciation and write-downs630 | €16k | €25k | ▲ 55.7% |
| Operating cash flow (approximation) | €69k | €26k | ▼ 62.0% |
| Investment in fixed assets (approximation) | - | €-71k | - |
| Change in cash | - | €42k | - |
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
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
0 of 2 acts read
About the unread acts
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.
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Directors · office · real estate
Directors
2 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, Sombreffe · 1 establishment unit since 2023
Ground area
635 m²
Building footprint
49 m²
Parcel 92114D0206/00G000, Wallonia. Linked by address, not a title deed.
1 establishment unit
AGRIDE
since 20232.344.478.914
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92114D0206/00G000 | Wallonia | 635 m² | 1 · 49 m² | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSombreffe2.344.478.914
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Of 20,587 companies in sector 01500 we hold annual accounts for 1,149. 828 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-04-2023
Fiscal year end31-12
Activities, NACEBEL 2025
01500Mixed farming
01110Growing of cereals (except rice), leguminous crops and oil seeds
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
Scores and ratios are computed by Checked and are not a credit decision.