AGRO QUALITE-BE
InactiveAGRO QUALITE-BE was declared bankrupt on 22-01-2024 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 26-11-2024, published in the Belgian State Gazette on 03-12-2024.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 7 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 26-10-2021, 87 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
87 d late
2019
60 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Turnover
€0
2019 · €0
2018: €0
2019: €0
2018 → 2020
Total assets
€119k▼ 0.3%
2019 · €119k
2018: €143k
2019: €119k
2018 → 2020
Net result
€-681▲ 97.8%
2019 · €-31k
2018: €-3k
2019: €-31k
2018 → 2020
Working capital
€106k▼ 8.8%
2019 · €116k
2018: €137k
2019: €116k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€0-€0€0
Equity€139k-€109k▼ 22.1%€108k▼ 0.6%
Operating result€-1k-€-1k▲ 20.6%€-1k▼ 7.7%
Net result€-3k-€-31k▼ 1,048%€-681▲ 97.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2020 against €1k in 2019; the loss grows.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €119k
Fixed assets
€2k =
Current assets
€116k ▼ 0.3%
Equity and liabilities €119k
Equity
€108k ▼ 0.6%
Debt
€11k ▲ 3.7%
Debt's share of the balance-sheet total rises from 8.7% to 9.0%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
10.86
ROE
-0.6%▲
2019 · -28.3%
ROA
-0.6%▲
2019 · -25.9%
Debt ≤ 1 year
€11k▲
2019 · €761
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 · 2020 against 2019 · 23 lines
Balance sheet
Code20192020
Assets
Total assets20/58€119k€119k▼
Fixed assets21/28€2k€2k=
Financial fixed assets28€2k€2k=
Current assets29/58€117k€116k▼
Amounts receivable within one year40/41€28k€28k=
Cash at bank and in hand54/58€88k€88k▼
Equity and liabilities
Total equity and liabilities10/49€119k€119k▼
Equity10/15€109k€108k▼
Contributions10/11€12k-
Reserves13€2k€2k=
Profit (loss) carried forward14€94k€94k▼
Amounts payable17/49€10k€11k▲
Amounts payable within one year42/48€761€11k▲
Trade debts44€510€1k▲
Income statement
Code20192020
Turnover70€0€0=
Gross operating margin9900€-1k€-1k▼
Operating profit (loss)9901€-1k€-1k▼
Recurring financial income75€487€684▲
Recurring financial charges65€611€106▼
Profit (loss) for the period before taxes9903€-1k€-681▲
Income taxes67/77€29k-
Profit (loss) for the period9904€-31k€-681▲
Profit (loss) for the period to be appropriated9905€-31k€-681▲
Timeline · acts, filings and financial milestones
2024
03-12
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · AGRO QUALITE-BE SRL RUE JACOBS-FONTAINE 7, 1020 LAEKEN. déclarée le 22 janvier 2024 · event 26-11-2024
30-01
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · AGRO QUALITE-BE SRL RUE JACOBS- FONTAINE 7, 1020 LAEKEN · event 22-01-2024
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
31-12
Financial
Weakest financial yearnet €-31k
Net result drops to €-31k, the lowest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 153.28
Current ratio from 42.61 to 153.28; short-term debt falls from €3k to €761.
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
23-03
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 235 days late
19-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 596 days late
19-03
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 962 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHARLES-HENRI SPRINGUEL AVENUE LOUISE 349,
1050 IXELLES |
22-01-2024 → 26-11-2024 |