AGRO TECHNICS
Open bankruptcyA bankruptcy procedure is open for AGRO TECHNICS according to publications in the Belgian State Gazette; curator: Mr DE MAESENEER Dirk.
Summary
The 2015 annual accounts show equity of €2.2m and a net result of €240,692.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Commercial Court of Brussels
- Declared bankrupt
- 23 September 2016
- Official Gazette
- 29-09-2016 (pdf) ↗search the document for 2016/115772
Deadlines
- Appeal or third-party opposition until
- passed on 14 October 2016Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 23 October 2016art. XX.104 and XX.155 CEL
- First verification report
- passed on 26 October 2016Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 23 September 2017Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Mr Dirk De MaeseneerDe Lignestraat 11, 1000 Brussel 1
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2015 was due by 31-07-2016 and was filed on 07-07-2016, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?List enrichment How is the Wholesale of agricultural produce and animal feed, general range sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2015, full schema
Turnover
€32.9m▲ 13.2%
2014 · €29.0m
EBIT margin
2.5%▲ 0.3pp
2014 · 2.2%
Net result
€240,692▲ 19.9%
2014 · €200,729
Working capital
-€1.1m▼ 14.4%
2014 · -€939,000
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20112012201320142015
Turnover€22.0m-€26.3m▲ 19.5%€26.1m▼ 0.6%€29.0m▲ 11.2%€32.9m▲ 13.2%
Operating result€376,414-€664,325▲ 76.5%€519,325▼ 21.8%€637,913▲ 22.8%€826,122▲ 29.5%
Net result€55,968-€212,289▲ 279%€136,518▼ 35.7%€200,729▲ 47.0%€240,692▲ 19.9%
EBIT margin1.7%-2.5%▲ 0.8pp2.0%▼ 0.5pp2.2%▲ 0.2pp2.5%▲ 0.3pp
Equity€940,995-€1.1m▲ 18.5%€1.2m▲ 10.0%€1.4m▲ 12.3%€2.2m▲ 62.9%
Total assets€13.6m-€15.5m▲ 13.4%€16.1m▲ 3.8%€18.8m▲ 17.1%€27.6m▲ 47.1%
Debt€12.7m-€14.4m▲ 13.0%€14.8m▲ 3.3%€17.4m▲ 17.5%€25.4m▲ 45.8%
Working capital-€964,795--€1.1m▼ 11.3%-€950,067▲ 11.5%-€939,000▲ 1.2%-€1.1m▼ 14.4%
Staff (FTE)21.5-23.5▲ 9.3%23.6▲ 0.4%24.3▲ 3.0%29▲ 19.3%
Result per fiscal year
Operating resultNet result
After the dip in 2013 the operating result has climbed two years in a row; 2015 is 30% above 2014 and is the highest result in the available series.
Balance-sheet composition
2015 in colour, 2014 as the grey bar beneath
Assets €27.6m
Fixed assets
€6.0m ▲ 38.5%
Current assets
€21.6m ▲ 49.7%
Equity and liabilities €27.6m
Equity
€2.2m ▲ 62.9%
Debt
€25.4m ▲ 45.8%
Debt's share of the balance-sheet total falls from 92.7% to 91.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.3m▲
2014 · €1.1m
Cash flow
€678,264▲
2014 · €629,252
Current ratio
0.95▲
2014 · 0.94
Quick ratio
0.75▲
2014 · 0.66
Debt to equity
1.15▼
2014 · 1.39
ROE
10.7%▼
2014 · 14.6%
ROA
0.9%▼
2014 · 1.1%
Interest coverage
4.30▼
2014 · 4.69
Debt ≤ 1 year
€22.7m▲
2014 · €15.4m
Debt > 1 year
€2.6m▲
2014 · €1.9m
Income taxes
€155,428▲
2014 · €118,385
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €22.0m | €26.3m | €26.1m | €29.0m | €32.9m | ▲ 13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €416,530 | €454,560 | €423,518 | €428,522 | €437,572 | ▲ 2.1% |
| Operating profit (loss)9901 | €376,414 | €664,325 | €519,325 | €637,913 | €826,122 | ▲ 29.5% |
| Recurring financial income75 | €4,718 | €1,034 | €1,486 | €3,735 | €7,206 | ▲ 92.9% |
| Recurring financial charges65 | €360,503 | €330,680 | €281,453 | €320,377 | €425,608 | ▲ 32.8% |
| Debt charges650 | €238,486 | €227,665 | €206,494 | €227,541 | €294,224 | ▲ 29.3% |
| Profit (loss) for the period before taxes9903 | €112,964 | €341,942 | €237,392 | €319,114 | €396,120 | ▲ 24.1% |
| Income taxes67/77 | €56,997 | €129,652 | €100,874 | €118,385 | €155,428 | ▲ 31.3% |
| Profit (loss) for the period9904 | €55,968 | €212,289 | €136,518 | €200,729 | €240,692 | ▲ 19.9% |
| Profit (loss) for the period to be appropriated9905 | €55,968 | €212,289 | €136,518 | €200,729 | €240,692 | ▲ 19.9% |
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13.6m | €15.5m | €16.1m | €18.8m | €27.6m | ▲ 47.1% |
| Fixed assets21/28 | €3.5m | €3.5m | €3.3m | €4.3m | €6.0m | ▲ 38.5% |
| Tangible fixed assets22/27 | €3.5m | €3.3m | €3.1m | €4.2m | €5.8m | ▲ 40.1% |
| Financial fixed assets28 | €50 | €180,050 | €180,050 | €180,050 | €180,050 | = |
| Current assets29/58 | €10.2m | €12.0m | €12.7m | €14.5m | €21.6m | ▲ 49.7% |
| Stocks and contracts in progress3 | €3.4m | €3.5m | €4.4m | €4.3m | €4.6m | ▲ 8.3% |
| Amounts receivable within one year40/41 | €6.0m | €8.1m | €7.6m | €9.6m | €16.1m | ▲ 68.2% |
| Cash at bank and in hand54/58 | €538,182 | €268,073 | €580,915 | €325,617 | €552,729 | ▲ 69.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13.6m | €15.5m | €16.1m | €18.8m | €27.6m | ▲ 47.1% |
| Equity10/15 | €940,995 | €1.1m | €1.2m | €1.4m | €2.2m | ▲ 62.9% |
| Contributions10/11 | €300,000 | €300,000 | €300,000 | €300,000 | €300,000 | = |
| Reserves13 | €627,500 | €807,500 | €907,500 | €1.1m | €1.3m | ▲ 18.9% |
| Profit (loss) carried forward14 | €13,495 | €7,784 | €19,302 | €20,031 | €10,724 | ▼ 46.5% |
| Amounts payable17/49 | €12.7m | €14.4m | €14.8m | €17.4m | €25.4m | ▲ 45.8% |
| Amounts payable after more than one year17 | €1.5m | €1.3m | €1.0m | €1.9m | €2.6m | ▲ 35.0% |
| Amounts payable within one year42/48 | €11.1m | €13.0m | €13.7m | €15.4m | €22.7m | ▲ 47.5% |
| Trade debts44 | €5.0m | €5.9m | €6.6m | €6.5m | €7.3m | ▲ 11.1% |
| Line | 2011 | 2012 | 2013 | 2014 | 2015 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €55,968 | €212,289 | €136,518 | €200,729 | €240,692 | ▲ 19.9% |
| + Depreciation and write-downs630 | €416,530 | €454,560 | €423,518 | €428,522 | €437,572 | ▲ 2.1% |
| Operating cash flow (approximation) | €472,497 | €666,850 | €560,036 | €629,252 | €678,264 | ▲ 7.8% |
| Investment in fixed assets (approximation) | - | -€488,887 | -€228,057 | -€1.5m | -€2.1m | ▼ 44.0% |
| Change in cash | - | -€270,109 | €312,842 | -€255,299 | €227,112 | ▲ 189% |
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
2016
29-09
Bankruptcy
Opening
Rechtbank van koophandel Brussel · event 23-09-2016
07-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
31-12
Financial
Highest result since 2011net €240,692 ▲19.9%
Operating result €826,122, net result €240,692, both a record.
31-12
Financial
Equity above €2mEq €2.2m ▲62.9%
5 profitable years in a row build equity to €2.2m.
09-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
30-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
22-07
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
31-12
Financial
Equity above €1mEq €1.1m ▲18.5%
2 profitable years in a row build equity to €1.1m.
12-07
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2011
20-07
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
2010
29-07
NBB filing
Annual accounts filed
fiscal year 2009 · full schema
2009
26-08
NBB filing
Annual accounts filed
fiscal year 2008 · full schema · 26 days late
2008
26-11
NBB filing
Annual accounts filed
fiscal year 2008 · full schema · 26 days late
2007
31-08
NBB filing
Annual accounts filed
fiscal year 2006 · full schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
9 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, Pepingen · 4 establishment units since 2000
Ground area
7,518 m²
Building footprint
2,591 m²
Volume, LiDAR
14,075 m³
4 parcels, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
4 establishment units
Eikstraat(BR) 48, 1673 Pepingen
since 20002.099.694.365
AGRO TECHNICS NV
since 20102.186.616.461
AGRO TECHNICS
since 20102.193.150.994
AGRO TECHNICS
since 20102.193.150.006
4 parcels
Flanders
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23004A0409/00H000 | Flanders | 3,049 m² | 1 · 1,272 m² | 9.5 m · 2 fl. |
| 23027A0149/00L000 | Flanders | 2,806 m² | 1 · 969 m² | 5.7 m · 2 fl. |
| 72004B1334/00D002 | Flanders | 1,052 m² | 1 · 235 m² | 6.3 m · 2 fl. |
| 23004A0197/00M000 | Flanders | 611 m² | 1 · 115 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Mr DE MAESENEER Dirk DE LIGNESTRAAT 11, 1000 BRUSSEL 1 |
23-09-2016 → present |
Recognitions · licences · registrations
Legal Entity Identifier
5493006C8LZIDOX1RH86
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Of 689 companies in sector 46216 we hold annual accounts for 476. 352 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded13-03-2000
Fiscal year end31-12
Activities, NACEBEL 2025
46216Wholesale of agricultural produce and animal feed, general range
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.