Agro-Equipements

Active

Private limited companyfounded 201115 yrs activeRoute Charlemagne 145, 4841 Welkenraedt, BelgiumKBO/BCE: BE 0838.002.202

Agro-Equipements has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €206k and a net result of €19k. Equity is growing by ~19.2% per year across the filed fiscal years. Its solvency ranks better than 47% of 1114 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

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Checked score

Score 2024

72 / 100

Healthy

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability73▼-1

Solvency66▲+10

Growth78=

Track record100

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €14k at 30 days acceptable

Liquidity ample (current ratio 1.58 against 1.36 in 2023; short-term debt: 54.2% and cash: 17.8% of total assets), but 59.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 71

Relative position

BE, all sectors

reference

Sector 71

lower

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-07-2025, 6 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

6 d early

2023

2 d early

2022

31 d early

2021

31 d early

2020

31 d early

2019

17 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€19k▼ 16.5%

2023 · €23k

2018: €916 2019: €33k 2020: €14k 2021: €45k 2022: €25k 2023: €23k

2018 → 2024

Working capital

€159k▲ 21.5%

2023 · €131k

2018: €34k 2019: €51k 2020: €52k 2021: €64k 2022: €90k 2023: €131k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€94k-€139k▲ 48.1%€164k▲ 17.9%€187k▲ 14.0%€206k▲ 10.3%

Operating result€17k-€53k▲ 209%€37k▼ 29.1%€33k▼ 12.5%€26k▼ 19.7%

Net result€14k-€45k▲ 229%€25k▼ 44.9%€23k▼ 7.7%€19k▼ 16.5%

Result per fiscal year

Operating resultNet result

The operating result has fallen three years in a row; 2024 is 20% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €505k

14.4%

85.6%

Fixed assets €73k▼ 32.0%

Current assets €432k▼ 12.1%

Equity and liabilities €505k

40.8%

59.2%

Equity €206k▲ 10.3%

Debt €299k▼ 27.4%

The debt ratio falls from 68.8% to 59.2%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€68k▼

2023 · €98k

Cash flow

€61k▼

2023 · €88k

Solvency

40.8%▲

2023 · 31.2%

Current ratio

1.58▲

2023 · 1.36

Quick ratio

0.69▲

2023 · 0.53

Debt / equity

1.45▼

2023 · 2.20

ROE

9.3%▼

2023 · 12.3%

ROA

3.8%▼

2023 · 3.8%

Interest coverage

38.59▲

2023 · 29.55

Debt

€299k▼

2023 · €411k

Debt ≤ 1 year

€273k▼

2023 · €361k

Debt > 1 year

€25k▼

2023 · €51k

Income taxes

€8k▼

2023 · €9k

Staff costs

€88k▲

2023 · €41k

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€598k€505k▼

Fixed assets21/28€107k€73k▼

Tangible fixed assets22/27€107k€73k▼

Land and buildings22€2k€2k▼

Plant, machinery and equipment23€79k€52k▼

Furniture and vehicles24€25k€19k▼

Current assets29/58€491k€432k▼

Stocks and contracts in progress3€301k€244k▼

Stocks30/36€301k€244k▼

Amounts receivable within one year40/41€68k€94k▲

Trade receivables40€63k€88k▲

Other amounts receivable41€6k€5k▼

Cash at bank and in hand54/58€120k€90k▼

Deferred charges and accrued income490/1€2k€5k▲

Equity and liabilities

Total equity and liabilities10/49€598k€505k▼

Equity10/15€187k€206k▲

Contributions10/11€6k€6k=

Reserves13€147k€166k▲

Distributable reserves133€147k€166k▲

Profit (loss) carried forward14€34k€34k▲

Amounts payable17/49€411k€299k▼

Amounts payable after more than one year17€51k€25k▼

Financial debts170/4€51k€25k▼

Amounts payable within one year42/48€361k€273k▼

Current portion of amounts payable after more than one year42€55k€25k▼

Trade debts44€9k€23k▲

Suppliers440/4€9k€23k▲

Taxes, remuneration and social security45€50k€60k▲

Taxes450/3€48k€44k▼

Remuneration and social security454/9€2k€16k▲

Other amounts payable47/48€247k€166k▼

Income statement Code20232024

Remuneration, social security and pensions62€41k€88k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65k€42k▼

Other operating charges640/8€1k€621▼

Gross operating margin9900€140k€158k▲

Operating profit (loss)9901€33k€26k▼

Financial income75/76B€2k€2k▼

Recurring financial income75€2k€2k▼

Financial charges65/66B€3k€2k▼

Recurring financial charges65€3k€2k▼

Profit (loss) for the period before taxes9903€32k€27k▼

Income taxes67/77€9k€8k▼

Profit (loss) for the period9904€23k€19k▼

Profit (loss) for the period to be appropriated9905€23k€19k▼

Appropriation of the result

Profit (loss) to be appropriated9906€57k€53k▼

Profit (loss) brought forward from the previous period14P€34k€34k▲

Transfer to equity691/2€23k€19k▼

To other reserves6921€23k€19k▼

Social balance

Average headcount (FTE)90871.41.8▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

2025

25-07

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

31-12

Financial Equity above €200kEq €206k ▲10.3%

7 profitable years in a row build equity to €206k.

29-07

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

30-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Equity above €150kEq €164k ▲17.9%

5 profitable years in a row build equity to €164k.

30-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Highest result since 2018net €45k ▲229%

Operating result €53k, net result €45k, both a record.

31-12

Financial Equity above €100kEq €139k ▲48.1%

4 profitable years in a row build equity to €139k.

30-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

17-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 17 days late

2019

31-07

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

25-07

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

10-08

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 10 days late

2016

03-08

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 3 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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, Welkenraedt · 1 establishment unit since 2011

establishment The establishment unit on the map

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.

Route Charlemagne 1454841 Welkenraedt

Ground area

182 m²

Building footprint

116 m²

Parcel 63032B0088/00M000, Wallonia. Linked by address, not a title deed.

1 establishment unit

Route Charlemagne 145, 4841 Welkenraedt

Support activities for crop production

since 20112.289.987.183

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
63032B0088/00M000	Wallonia	182 m²	1 · 116 m²	-

Linked by address, not proof of ownership

Methodology

via registered seat: 1

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 site

Welkenraedt2.289.987.183

3 permissions

Detailhandelaar voedermiddelen · since 05-08-2020

Detailhandel mengvoeders vee · since 20-11-2019

Detailhandelaar petfood · since 20-11-2019

Similar companies · same sector, comparable size

Grobbendonk · Eq €205k

ENGELEN TOM

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HYDREAU

BE 0835.880.474

Ramillies · Eq €210k

Of 2,145 companies in sector 71209 we hold annual accounts for 1,085. 799 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded19-07-2011

Fiscal year end31-12

Activities, NACEBEL

47525Retail trade

71209Other technical testing and analysis

43240Other construction installation

43299Specialised construction activities

47529Retail trade

56210Event catering

Sources

Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.