AGRIFEMA
ActiveAGRIFEMA has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.16M and a net result of €-68k. Equity is growing by ~11.9% per year across the filed fiscal years. Its solvency ranks better than 34% of 1722 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability44▼-21
Solvency54=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity short (current ratio 0.82 against 0.95 in 2024; short-term debt: 29.5% and cash: 0.6% of total assets), and 70.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 · 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
29.3%
Return on assets
-1.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
89 d late
2022
199 d late
2021
78 d late
2020
89 d late
2019
91 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.16M▼ 5.6%
2024 · €1.22M
2018: €490k
2019: €634k
2020: €805k
2021: €866k
2022: €1.11M
2023: €1.16M
2024: €1.22M
2018 → 2025
Total assets
€3.95M▼ 6.9%
2024 · €4.24M
2018: €2.24M
2019: €2.41M
2020: €2.71M
2021: €4.25M
2022: €4.40M
2023: €4.61M
2024: €4.24M
2018 → 2025
Net result
€-68k
2024 · €89k
2018: €275k
2019: €181k
2020: €171k
2021: €62k
2022: €242k
2023: €47k
2024: €89k
2018 → 2025
Working capital
€-204k▼ 240%
2024 · €-60k
2018: €-107k
2019: €-20k
2020: €-25k
2021: €-22k
2022: €-8k
2023: €-7k
2024: €-60k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€866k-€1.11M▲ 27.9%€1.16M▲ 4.3%€1.22M▲ 6.0%€1.16M▼ 5.6%
Operating result€141k-€375k▲ 167%€137k▼ 63.6%€196k▲ 43.9%€14k▼ 92.8%
Net result€62k-€242k▲ 293%€47k▼ 80.4%€89k▲ 87.3%€-68k
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 2025; 2025 is 93% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.95M
Fixed assets
€2.99M▼ 6.5%
Current assets
€961k▼ 8.2%
Equity and liabilities €3.95M
Equity
€1.16M▼ 5.6%
Debt
€2.79M▼ 7.5%
The debt ratio falls from 71.1% to 70.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€266k▼
2024 · €450k
Cash flow
€184k▼
2024 · €343k
Solvency
29.3%▲
2024 · 28.9%
Current ratio
0.82▼
2024 · 0.95
Quick ratio
0.79▼
2024 · 0.92
Debt / equity
2.41▼
2024 · 2.46
ROE
-5.9%▼
2024 · 7.3%
ROA
-1.7%▼
2024 · 2.1%
Interest coverage
3.25▼
2024 · 5.29
Debt
€2.79M▼
2024 · €3.02M
Debt ≤ 1 year
€1.17M▲
2024 · €1.11M
Debt > 1 year
€1.63M▼
2024 · €1.91M
Income taxes
€542▼
2024 · €25k
Staff costs
€207k▼
2024 · €324k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€4.24M€3.95M▼
Fixed assets21/28€3.19M€2.99M▼
Tangible fixed assets22/27€3.19M€2.98M▼
Land and buildings22€2.15M€2.11M▼
Plant, machinery and equipment23€263k€216k▼
Furniture and vehicles24€59k€64k▲
Leasing and similar rights25€715k€587k▼
Other tangible fixed assets26€999€999=
Financial fixed assets28€3k€3k▲
Current assets29/58€1.05M€961k▼
Stocks and contracts in progress3€31k€35k▲
Stocks30/36€31k€35k▲
Amounts receivable within one year40/41€980k€901k▼
Trade receivables40€886k€823k▼
Other amounts receivable41€94k€79k▼
Cash at bank and in hand54/58€24k€22k▼
Deferred charges and accrued income490/1€12k€3k▼
Equity and liabilities
Total equity and liabilities10/49€4.24M€3.95M▼
Equity10/15€1.22M€1.16M▼
Contributions10/11€19k€19k=
Reserves13€1.21M€1.14M▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€47k€47k=
Distributable reserves133€1.16M€1.09M▼
Amounts payable17/49€3.02M€2.79M▼
Amounts payable after more than one year17€1.91M€1.63M▼
Financial debts170/4€1.91M€1.63M▼
Amounts payable within one year42/48€1.11M€1.17M▲
Current portion of amounts payable after more than one year42€329k€291k▼
Financial debts43€218k€220k▲
Credit institutions430/8€18k€20k▲
Other loans439€200k€200k=
Trade debts44€498k€595k▲
Suppliers440/4€498k€595k▲
Taxes, remuneration and social security45€32k€28k▼
Taxes450/3€11k€7k▼
Remuneration and social security454/9€21k€21k▼
Other amounts payable47/48€30k€31k▲
Income statement
Code20242025
Remuneration, social security and pensions62€324k€207k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€254k€252k▼
Other operating charges640/8€30k€42k▲
Gross operating margin9900€804k€515k▼
Operating profit (loss)9901€196k€14k▼
Financial income75/76B€3k€174▼
Recurring financial income75€3k€174▼
Financial charges65/66B€85k€82k▼
Recurring financial charges65€85k€82k▼
Profit (loss) for the period before taxes9903€114k€-67k▼
Income taxes67/77€25k€542▼
Profit (loss) for the period9904€89k€-68k▼
Profit (loss) for the period to be appropriated9905€89k€-68k▼
Appropriation of the result
Profit (loss) to be appropriated9906€89k€-68k▼
Transfer from equity791/2-€68k
Transfer to equity691/2€69k-
To other reserves6921€69k-
Profit to be distributed694/7€20k-
Directors or managers695€20k-
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
Next filing, fiscal year 2026, expected by
2026
31-08
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment2 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment2 facts ▸
- General meeting, 2026-07-29
- Director appointment, FEYS PIETER (bestuurder)
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-68k ▼176%
Net result drops to €-68k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 89 days late
15-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 199 days late
2022
31-12
Financial
Equity above €1MEq €1.11M ▲27.9%
5 profitable years in a row build equity to €1.11M.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 78 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 89 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
31-12
Financial
Equity above €500kEq €634k ▲29.3%
2 profitable years in a row build equity to €634k.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
27-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2026
Feys Pieter
CurrentDirector · since 29-07-2026
29-07-2026
Appointed as Director
Location & real-estate footprint
Registered office, Middelkerke · 2 establishment units since 2003
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.
Tempelhofstraat 78433 MiddelkerkeGround area
2.1 ha
Building footprint
950 m²
Volume, LiDAR
4,676 m³
2 parcels, Flanders · tallest building 11.9 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
AGRIFEMA
since 20032.132.302.203
Agrifema
since 20222.331.090.142
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35018B0711/00Y000 | Flanders | 2.0 ha | 1 · 763 m² | 11.9 m · 1 fl. |
| 35018C0518/00L000 | Flanders | 1,080 m² | 1 · 187 m² | 10.5 m · 2 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.
Structure & network
Connections & network
4 connected companiesLinked via shared directors
viaFeys Pieter · Director
→
viaFeys Pieter · Director
→
viaFeys Pieter · Director
former→
viaFeys Pieter · Director
former→
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,283 EUR awarded · 1,173 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 53 EUR | 53 EUR |
| 2024 | 1 | 719 EUR | 609 EUR |
| 2023 | 1 | 426 EUR | 426 EUR |
| 2022 | 1 | 85 EUR | 85 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
DE LINDEHOEVE
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VIMADO
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Mouscron · Eq €1.14M
PERSYN-VERDUYN
BE 0432.881.801
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DRIES CRABBE
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Gistel · Eq €1.13M
Of 20,598 companies in sector 01500 we hold annual accounts for 1,149. 758 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded27-03-2003
Fiscal year end31-12
Activities, NACEBEL
01500Mixed farming
43120Site preparation
25530Machining of metals
28520
45112
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.