AGRO VANDELANOTTE
ActiveSummary
AGRO VANDELANOTTE has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.89M and a net result of €1.48M. Equity is growing by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 78% of 800 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98▲+1
Solvency86▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €320k at 30 days acceptable
Liquidity short (current ratio 0.75 against 0.46 in 2024; short-term debt: 23.9% and cash: 9.6% of total assets), and 38.6% 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
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
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 2025Solvency, return and age of the figures
Solvency
61.4%
Return on assets
23.3%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 16-04-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
1 d early
2023
5 d early
2022
27 d early
2021
30 d early
2020
31 d early
2019
36 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.89M▲ 19.2%
2024 · €3.27M
2018: €1.75M
2019: €2.00M
2020: €2.15M
2021: €2.13M
2022: €2.46M
2023: €2.46M
2024: €3.27M
2018 → 2025
Total assets
€6.34M▼ 2.2%
2024 · €6.48M
2018: €9.58M
2019: €8.61M
2020: €7.81M
2021: €7.35M
2022: €7.63M
2023: €8.00M
2024: €6.48M
2018 → 2025
Net result
€1.48M▲ 1.2%
2024 · €1.46M
2018: €369k
2019: €387k
2020: €442k
2021: €186k
2022: €979k
2023: €2.42M
2024: €1.46M
2018 → 2025
Working capital
€-383k▲ 51.6%
2024 · €-791k
2018: €-1.06M
2019: €-935k
2020: €-1.06M
2021: €-1.07M
2022: €-1.72M
2023: €-2.09M
2024: €-791k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.13M-€2.46M▲ 15.4%€2.46M=€3.27M▲ 33.0%€3.89M▲ 19.2%
Operating result€288k-€1.07M▲ 270%€2.97M▲ 178%€1.75M▼ 41.1%€1.70M▼ 2.7%
Net result€186k-€979k▲ 426%€2.42M▲ 147%€1.46M▼ 39.6%€1.48M▲ 1.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 3% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.34M
Fixed assets
€5.20M ▼ 10.5%
Current assets
€1.14M ▲ 71.3%
Equity and liabilities €6.34M
Equity
€3.89M ▲ 19.2%
Debt
€2.45M ▼ 23.9%
Debt's share of the balance-sheet total falls from 49.6% to 38.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2.87M▼
2024 · €2.89M
Cash flow
€2.65M▲
2024 · €2.60M
Current ratio
0.75▲
2024 · 0.46
Debt to equity
0.63▼
2024 · 0.98
ROE
37.9%▼
2024 · 44.7%
ROA
23.3%▲
2024 · 22.5%
Interest coverage
70.75▲
2024 · 57.10
Debt ≤ 1 year
€1.52M▲
2024 · €1.45M
Debt > 1 year
€929k▼
2024 · €1.76M
Income taxes
€195k▼
2024 · €268k
Staff costs
€25k▼
2024 · €53k
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 · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€6.48M€6.34M▼
Fixed assets21/28€5.82M€5.20M▼
Tangible fixed assets22/27€5.82M€5.20M▼
Land and buildings22€3.83M€3.43M▼
Plant, machinery and equipment23€1.66M€1.11M▼
Furniture and vehicles24€323k€668k▲
Current assets29/58€663k€1.14M▲
Amounts receivable within one year40/41€546k€491k▼
Trade receivables40€318k€330k▲
Other amounts receivable41€228k€162k▼
Cash at bank and in hand54/58€86k€609k▲
Deferred charges and accrued income490/1€31k€35k▲
Equity and liabilities
Total equity and liabilities10/49€6.48M€6.34M▼
Equity10/15€3.27M€3.89M▲
Contributions10/11€1.39M€1.39M=
Capital10€1.39M€1.39M=
Issued capital100€1.39M€1.39M=
Reserves13€1.88M€2.51M▲
Non-distributable reserves130/1€139k€139k=
Legal reserve130€139k€139k=
Distributable reserves133€1.74M€2.37M▲
Amounts payable17/49€3.21M€2.45M▼
Amounts payable after more than one year17€1.76M€929k▼
Financial debts170/4€1.76M€929k▼
Amounts payable within one year42/48€1.45M€1.52M▲
Current portion of amounts payable after more than one year42€465k€370k▼
Financial debts43€180k-
Credit institutions430/8€180k-
Trade debts44€113k€295k▲
Suppliers440/4€113k€295k▲
Taxes, remuneration and social security45€45k€3k▼
Taxes450/3€37k€2k▼
Remuneration and social security454/9€8k€1k▼
Other amounts payable47/48€651k€850k▲
Accrued charges and deferred income492/3€3k-
Income statement
Code20242025
Remuneration, social security and pensions62€53k€25k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.14M€1.17M▲
Other operating charges640/8€29k€77k▲
Gross operating margin9900€2.98M€2.97M=
Operating profit (loss)9901€1.75M€1.70M▼
Financial income75/76B€28k€9k▼
Recurring financial income75€28k€9k▼
Financial charges65/66B€51k€41k▼
Recurring financial charges65€51k€41k▼
Profit (loss) for the period before taxes9903€1.73M€1.67M▼
Income taxes67/77€268k€195k▼
Profit (loss) for the period9904€1.46M€1.48M▲
Profit (loss) for the period to be appropriated9905€1.46M€1.48M▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.46M€1.48M▲
Transfer to equity691/2€810k€627k▼
To other reserves6921€810k€627k▼
Profit to be distributed694/7€650k€850k▲
Directors or managers695€650k€850k▲
Social balance
Average headcount (FTE)90871.00.3▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Highest result since 2018net €2.42M ▲147%
Operating result €2.97M, net result €2.42M, both a record.
03-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Weakest financial yearnet €186k ▼57.9%
Net result drops to €186k, the lowest in the series; recovery starts the following year.
30-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
25-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Equity above €2MEq €2.00M ▲14.6%
2 profitable years in a row build equity to €2.00M.
05-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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, Torhout · 2 establishment units since 1988
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.
Atelierstraat 38820 TorhoutGround area
4,636 m²
Building footprint
577 m²
Volume, LiDAR
2,941 m³
2 parcels, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
AGRO VANDELANOTTE
since 19882.040.896.133
Agro Vandelanotte
since 20262.383.850.521
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31522B0455/00M000 | Flanders | 2,372 m² | 1 · 338 m² | 8.9 m · 2 fl. |
| 32010E0299/00W000 | Flanders | 2,264 m² | 1 · 239 m² | 10.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 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 · 993 EUR awarded · 993 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 993 EUR | 993 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
2 sitesTorhout2.040.896.133
Koekelare2.383.850.521
Legal Entity Identifier
549300C6Z3ORCCQ6LG61
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Of 75 companies in sector 10311 we hold annual accounts for 57. 30 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded26-09-1988
Fiscal year end30-09
Activities, NACEBEL 2025
10311Manufacture of food products
01630Crop and animal production, hunting and related service activities
10391Manufacture of food products
10910Manufacture of food products
10920Manufacture of food products
52100Warehousing and storage
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.