AGRITYRE
ActiveAGRITYRE has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.75M and a net result of €894k. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 30% of 6008 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
83
/ 100
Excellent▲ +71 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability69▲+69
Solvency50▼-4
Growth59▲+7
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €230k at 30 days acceptable
Liquidity ample (current ratio 1.56 against 1.77 in 2023), but 74.8% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
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
25.2%
Return on assets
8.2%
Age of the figures
20 mo
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
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 01-07-2025, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
132 d late
2022
31 d early
2021
44 d early
2020
45 d early
2019
43 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€13.14M▼ 3.1%
2023 · €13.56M
2023: €13.56M
2023 → 2024
EBIT margin
8.3%▲ 14.0pp
2023 · -5.7%
2023: -5.7%
2023 → 2024
Net result
€894k
2023 · €-904k
2018: €222k
2019: €662k
2020: €59k
2021: €210k
2022: €481k
2023: €-904k
2018 → 2024
Working capital
€3.71M▲ 22.7%
2023 · €3.02M
2018: €1.45M
2019: €3.07M
2020: €2.86M
2021: €3.72M
2022: €4.32M
2023: €3.02M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€13.56M€13.14M▼ 3.1%
Equity€2.07M-€2.28M▲ 10.1%€2.76M▲ 21.1%€1.86M▼ 32.7%€2.75M▲ 48.1%
Operating result€215k-€426k▲ 98.1%€752k▲ 76.6%€-770k€1.09M
Net result€59k-€210k▲ 253%€481k▲ 130%€-904k€894k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €1.09M after a loss of €770k in 2023, the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €10.92M
Fixed assets
€627k▲ 24.8%
Current assets
€10.29M▲ 47.7%
Equity and liabilities €10.92M
Equity
€2.75M▲ 48.1%
Debt
€8.17M▲ 45.5%
The debt ratio falls from 75.1% to 74.8%: equity grows faster than debt.
Key figures and ratios
EBITDA
€1.23M▲
2023 · €-671k
Cash flow
€1.03M▲
2023 · €-805k
Solvency
25.2%▲
2023 · 24.9%
Current ratio
1.56▼
2023 · 1.77
Quick ratio
0.34▼
2023 · 0.52
Debt / equity
2.97▼
2023 · 3.02
ROE
32.5%▲
2023 · -48.7%
ROA
8.2%▲
2023 · -12.1%
Interest coverage
10.08▲
2023 · -6.39
Debt
€8.17M▲
2023 · €5.61M
Debt ≤ 1 year
€6.58M▲
2023 · €3.94M
Debt > 1 year
€1.59M▼
2023 · €1.67M
Income taxes
€67k▲
2023 · €1k
Staff costs
€765k▼
2023 · €819k
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€7.47M€10.92M▲
Fixed assets21/28€502k€627k▲
Intangible fixed assets21€12k€9k▼
Tangible fixed assets22/27€489k€617k▲
Land and buildings22€69k€58k▼
Plant, machinery and equipment23€107k€94k▼
Furniture and vehicles24€48k€239k▲
Leasing and similar rights25€37k€30k▼
Other tangible fixed assets26€229k€196k▼
Financial fixed assets28€1k€1k▲
Other financial fixed assets284/8€1k€1k▲
Amounts receivable and cash guarantees285/8€1k€1k▲
Current assets29/58€6.97M€10.29M▲
Stocks and contracts in progress3€4.94M€8.08M▲
Stocks30/36€4.94M€8.08M▲
Goods purchased for resale34€4.94M€8.08M▲
Amounts receivable within one year40/41€1.83M€2.10M▲
Trade receivables40€1.80M€2.02M▲
Other amounts receivable41€28k€79k▲
Cash at bank and in hand54/58€151k€56k▼
Deferred charges and accrued income490/1€50k€53k▲
Equity and liabilities
Total equity and liabilities10/49€7.47M€10.92M▲
Equity10/15€1.86M€2.75M▲
Contributions10/11€24k€24k=
Reserves13€1.83M€2.73M▲
Distributable reserves133€1.83M€2.73M▲
Amounts payable17/49€5.61M€8.17M▲
Amounts payable after more than one year17€1.67M€1.59M▼
Financial debts170/4€1.52M€1.59M▲
Leasing and similar obligations172€19k€6k▼
Credit institutions173€229k€157k▼
Other loans174€1.27M€1.42M▲
Other amounts payable178/9€152k-
Amounts payable within one year42/48€3.94M€6.58M▲
Current portion of amounts payable after more than one year42€480k€401k▼
Financial debts43€1.04M€1.84M▲
Credit institutions430/8€1.04M€1.84M▲
Trade debts44€2.03M€3.93M▲
Suppliers440/4€2.03M€3.93M▲
Taxes, remuneration and social security45€385k€414k▲
Taxes450/3€226k€202k▼
Remuneration and social security454/9€159k€212k▲
Income statement
Code20232024
Operating income70/76A€13.61M€13.23M▼
Turnover70€13.56M€13.14M▼
Other operating income74€23k€52k▲
Non-recurring operating income76A€18k€36k▲
Operating charges60/66A€14.37M€12.14M▼
Goods for resale, raw materials and consumables60€7.85M€7.00M▼
Purchases600/8€8.73M€10.14M▲
Change in stocks: decrease (increase)609€-882k€-3.15M▼
Services and other goods61€3.99M€4.12M▲
Remuneration, social security and pensions62€819k€765k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€99k€141k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1.51M-
Other operating charges640/8€112k€113k▲
Operating profit (loss)9901€-770k€1.09M▲
Financial income75/76B€15k€38k▲
Recurring financial income75€15k€38k▲
Other financial income752/9€15k€38k▲
Financial charges65/66B€148k€165k▲
Recurring financial charges65€148k€165k▲
Debt charges650€105k€122k▲
Other financial charges652/9€43k€43k▼
Profit (loss) for the period before taxes9903€-903k€961k▲
Income taxes67/77€1k€67k▲
Taxes670/3€1k€67k▲
Profit (loss) for the period9904€-904k€894k▲
Profit (loss) for the period to be appropriated9905€-904k€894k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-904k€894k▲
Transfer from equity791/2€904k-
From reserves792€904k-
Transfer to equity691/2-€894k
To other reserves6921-€894k
Social balance
Average headcount (FTE)908710.910.9=
The notes to these accounts (74 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €894k
Net result €894k after one loss-making year.
31-12
Financial
Equity above €2MEq €2.75M ▲48.1%
Equity rises from €1.86M to €2.75M.
10-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 132 days late
2023
31-12
Financial
Weakest financial yearnet €-904k ▼288%
Net result drops to €-904k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €2MEq €2.01M ▲49%
2 profitable years in a row build equity to €2.01M.
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-06
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
6 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, Beveren-Kruibeke-Zwijndrecht · 3 establishment units since 2013
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.
Grote Kerkstraat 399120 Beveren-Kruibeke-ZwijndrechtGround area
10.5 ha
Building footprint
7.1 ha
Volume, LiDAR
357,497 m³
3 parcels, Flanders · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
AGRITYRE
since 20132.223.616.221
Agrityre
since 20192.295.579.333
Hazopweg(KAL) 1261, 9130 Beveren-Kruibeke-Zwijndrecht
since 20252.389.336.563
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46010C0506/00C000 | Flanders | 6.0 ha | 1 · 4.2 ha | 11.8 m · 3 fl. |
| 46027B1226/00B000 | Flanders | 4.2 ha | 1 · 2.9 ha | - |
| 46028C1143/00R003 | Flanders | 3,020 m² | 1 · 666 m² | 8.6 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,733 EUR awarded · 1,733 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,733 EUR | 1,733 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,744 companies in sector 46720 we hold annual accounts for 1,079. 639 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-04-2013
Fiscal year end31-12
Activities, NACEBEL
45310
47820Retail sale of motor vehicle parts and accessories
46720Wholesale of motor vehicle parts and accessories
95315Tyre services
Sources
Crossroads Bank for EnterprisesNational Bank · 11 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.