AGRO-CEL
ActiveSummary
AGRO-CEL has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €269,307 and a net result of €24,501. Equity is growing by ~30.6% per year across the filed fiscal years. Its solvency ranks better than 54% of 4718 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability62▼-19
Solvency67▲+5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity short (current ratio 0.31 against 0.31 in 2024; short-term debt: 26.1% and cash: 0.2% of total assets), and 57.9% of the assets are financed with debt.
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Signals
Four 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 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← 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
42.1%
Return on assets
3.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
38 d early
2023
27 d early
2022
40 d early
2021
39 d early
2020
38 d early
2019
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 33 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 23 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€269,307▲ 9.6%
2024 · €245,639
Total assets
€639,393▼ 3.4%
2024 · €662,179
Net result
€24,501▼ 60.9%
2024 · €62,703
Working capital
-€115,472▼ 6.1%
2024 · -€108,818
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€60,578▲ 14.1%€68,127▲ 12.5%€58,953▼ 13.5%€76,276▲ 29.4%€30,709▼ 59.7%
Net result€52,047above the sector's middle half▲ 54.3%€52,780above the sector's middle half▲ 1.4%€49,095above the sector's middle half▼ 7.0%€62,703above the sector's middle half▲ 27.7%€24,501above the sector's middle half▼ 60.9%
Equity€106,811above the sector's middle half▲ 48.5%€151,500above the sector's middle half▲ 41.8%€189,795above the sector's middle half▲ 25.3%€245,639above the sector's middle half▲ 29.4%€269,307above the sector's middle half▲ 9.6%
Total assets€528,159above the sector's middle half▼ 1.8%€535,220above the sector's middle half▲ 1.3%€532,295above the sector's middle half▼ 0.5%€662,179above the sector's middle half▲ 24.4%€639,393above the sector's middle half▼ 3.4%
Debt€421,348▼ 9.6%€383,720▼ 8.9%€342,501▼ 10.7%€416,540▲ 21.6%€370,086▼ 11.2%
Working capital-€63,213below the sector's middle half▼ 10.9%-€59,038below the sector's middle half▲ 6.6%-€64,901below the sector's middle half▼ 9.9%-€108,818below the sector's middle half▼ 67.7%-€115,472below the sector's middle half▼ 6.1%
Solvency20.2%within the sector's middle half▲ 6.9pp28.3%within the sector's middle half▲ 8.1pp35.7%within the sector's middle half▲ 7.3pp37.1%within the sector's middle half▲ 1.4pp42.1%within the sector's middle half▲ 5.0pp
Current ratio0.22below the sector's middle half▼ 0.090.32below the sector's middle half▲ 0.100.28below the sector's middle half▼ 0.040.31below the sector's middle half▲ 0.030.31below the sector's middle half=
Return on assets (ROA)9.9%within the sector's middle half▲ 3.6pp9.9%within the sector's middle half=9.2%within the sector's middle half▼ 0.6pp9.5%within the sector's middle half▲ 0.2pp3.8%within the sector's middle half▼ 5.6pp
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
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 2025; 2025 is 60% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €639,393
Fixed assets
€588,147 ▼ 4.0%
Current assets
€51,246 ▲ 3.7%
Equity and liabilities €639,393
Equity
€269,307 ▲ 9.6%
Debt
€370,086 ▼ 11.2%
Debt's share of the balance-sheet total falls from 62.9% to 57.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€55,309▼
2024 · €85,260
Cash flow
€49,101▼
2024 · €71,688
Debt to equity
1.37▼
2024 · 1.70
ROE
9.1%▼
2024 · 25.5%
Interest coverage
4.64▼
2024 · 8.79
Debt ≤ 1 year
€166,718▲
2024 · €158,250
Debt > 1 year
€197,583▼
2024 · €255,116
Income taxes
€14,352▼
2024 · €23,871
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €26,500 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,894 | €3,037 | €2,652 | €8,985 | €24,600 | ▲ 174% |
| Other operating charges640/8 | €1,651 | €1,610 | €1,811 | €966 | €1,930 | ▲ 99.8% |
| Gross operating margin9900 | €68,123 | €72,775 | €63,415 | €86,226 | €57,239 | ▼ 33.6% |
| Operating profit (loss)9901 | €60,578 | €68,127 | €58,953 | €76,276 | €30,709 | ▼ 59.7% |
| Financial income75/76B | €12,890 | €12,500 | €12,501 | €20,001 | €20,052 | ▲ 0.3% |
| Recurring financial income75 | €12,890 | €12,500 | €12,501 | €20,001 | €20,052 | ▲ 0.3% |
| Financial charges65/66B | €6,971 | €6,042 | €5,524 | €9,702 | €11,907 | ▲ 22.7% |
| Recurring financial charges65 | €6,971 | €6,042 | €5,524 | €9,702 | €11,907 | ▲ 22.7% |
| Profit (loss) for the period before taxes9903 | €66,496 | €74,585 | €65,929 | €86,574 | €38,853 | ▼ 55.1% |
| Income taxes67/77 | €14,449 | €21,805 | €16,834 | €23,871 | €14,352 | ▼ 39.9% |
| Profit (loss) for the period9904 | €52,047 | €52,780 | €49,095 | €62,703 | €24,501 | ▼ 60.9% |
| Profit (loss) for the period to be appropriated9905 | €52,047 | €52,780 | €49,095 | €62,703 | €24,501 | ▼ 60.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €528,159 | €535,220 | €532,295 | €662,179 | €639,393 | ▼ 3.4% |
| Fixed assets21/28 | €510,282 | €507,245 | €507,181 | €612,747 | €588,147 | ▼ 4.0% |
| Tangible fixed assets22/27 | €10,282 | €7,245 | €7,181 | €112,747 | €88,147 | ▼ 21.8% |
| Plant, machinery and equipment23 | €3,150 | €951 | €1,725 | €1,801 | €533 | ▼ 70.4% |
| Furniture and vehicles24 | €0 | - | - | €104,654 | €82,333 | ▼ 21.3% |
| Other tangible fixed assets26 | €7,132 | €6,294 | €5,456 | €6,292 | €5,281 | ▼ 16.1% |
| Financial fixed assets28 | €500,000 | €500,000 | €500,000 | €500,000 | €500,000 | = |
| Current assets29/58 | €17,876 | €27,975 | €25,115 | €49,432 | €51,246 | ▲ 3.7% |
| Amounts receivable within one year40/41 | €13,310 | €25,810 | €0 | €13,310 | €17,127 | ▲ 28.7% |
| Trade receivables40 | €13,310 | €25,810 | €0 | €13,310 | €13,310 | = |
| Other amounts receivable41 | €0 | - | - | - | €3,817 | - |
| Cash at bank and in hand54/58 | €2,822 | €519 | €23,418 | €32,463 | €1,157 | ▼ 96.4% |
| Deferred charges and accrued income490/1 | €1,745 | €1,647 | €1,697 | €3,659 | €32,962 | ▲ 801% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €528,159 | €535,220 | €532,295 | €662,179 | €639,393 | ▼ 3.4% |
| Equity10/15 | €106,811 | €151,500 | €189,795 | €245,639 | €269,307 | ▲ 9.6% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €75,151 | €118,860 | €157,955 | €233,239 | €256,907 | ▲ 10.1% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | €73,291 | €117,000 | €157,955 | €233,239 | €256,907 | ▲ 10.1% |
| Profit (loss) carried forward14 | €19,260 | €20,240 | €19,440 | €0 | €0 | - |
| Amounts payable17/49 | €421,348 | €383,720 | €342,501 | €416,540 | €370,086 | ▼ 11.2% |
| Amounts payable after more than one year17 | €340,258 | €296,600 | €252,269 | €255,116 | €197,583 | ▼ 22.6% |
| Financial debts170/4 | €340,258 | €296,600 | €252,269 | €255,116 | €197,583 | ▼ 22.6% |
| Amounts payable within one year42/48 | €81,090 | €87,013 | €90,016 | €158,250 | €166,718 | ▲ 5.4% |
| Current portion of amounts payable after more than one year42 | €42,996 | €43,658 | €44,331 | €56,401 | €57,533 | ▲ 2.0% |
| Financial debts43 | €4,180 | €4,180 | €4,007 | €4,016 | €0 | ▼ 100% |
| Credit institutions430/8 | €4,180 | €4,180 | €4,007 | €4,016 | €0 | ▼ 100% |
| Trade debts44 | €3,326 | €2,280 | €3,401 | €1,339 | €3,658 | ▲ 173% |
| Suppliers440/4 | €3,326 | €2,280 | €3,401 | €1,339 | €3,658 | ▲ 173% |
| Taxes, remuneration and social security45 | €9,152 | €12,401 | €14,961 | €13,208 | €13,915 | ▲ 5.4% |
| Taxes450/3 | €9,152 | €12,401 | €14,961 | €13,208 | €13,915 | ▲ 5.4% |
| Other amounts payable47/48 | €21,436 | €24,494 | €23,316 | €83,286 | €91,613 | ▲ 10.0% |
| Accrued charges and deferred income492/3 | - | €108 | €216 | €3,174 | €5,784 | ▲ 82.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €52,047 | €52,780 | €49,095 | €62,703 | €24,501 | ▼ 60.9% |
| + Depreciation and write-downs630 | €5,894 | €3,037 | €2,652 | €8,985 | €24,600 | ▲ 174% |
| Operating cash flow (approximation) | €57,942 | €55,817 | €51,747 | €71,688 | €49,101 | ▼ 31.5% |
| Investment in fixed assets (approximation) | - | €0 | -€2,588 | -€114,551 | €0 | ▲ 100% |
| Change in cash | - | -€2,303 | €22,899 | €9,045 | -€31,306 | ▼ 446% |
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
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €62,703 ▲27.7%
Operating result €76,276, net result €62,703, both a record.
31-12
Financial
Equity above €200,000Eq €245,639 ▲29.4%
7 profitable years in a row build equity to €245,639.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150,000Eq €151,500 ▲41.8%
5 profitable years in a row build equity to €151,500.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100,000Eq €106,811 ▲48.5%
4 profitable years in a row build equity to €106,811.
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €8,582 ▼77.4%
Net result drops to €8,582, the lowest in the series; recovery starts the following year.
Show earlier events
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Grobbendonk · 1 establishment unit since 2004
Ground area
1,035 m²
Building footprint
171 m²
Volume, LiDAR
43 m³
Parcel 13010A0455/00S003, Flanders · tallest building 1.9 m. Linked by address, not a title deed.
1 establishment unit
AGRO-CEL
since 20042.135.247.934
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13010A0455/00S003 | Flanders | 1,035 m² | 1 · 170 m² | 1.9 m |
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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
50%
According to the 2025 annual accounts of AGRO-CEL and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 12,583 companies in sector 49410 we hold annual accounts for 8,204. 5,957 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
Founded12-01-2004
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
70200Business and other management consultancy
82990Other business support services
77120Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0862599026
Also
9925:BE0862599026
Registered
02-11-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.