AGROFFICE
ActiveSummary
For AGROFFICE, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €125,549 and a net result of -€1,031. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 38% of 15228 sector peers (fiscal year 2023). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability48=
Solvency49▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
23.5%
Return on assets
-0.2%
Age of the figures
39 mo
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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-06-2024 close31-01-2025 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 09-02-2026, 740 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
740 d late
2022
64 d late
2021
25 d late
2020
26 d late
2019
235 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 218 days after the deadline; 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
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Financials · fiscal year 2023, micro schema
Equity
€125,549▼ 0.8%
2022 · €126,581
Total assets
€533,432▼ 2.2%
2022 · €545,518
Net result
-€1,031
2022 · €1,996
Working capital
-€65,118▼ 12.0%
2022 · -€58,118
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Line20192020202120222023
Operating result-€232-€9,436€7,244▼ 23.2%€7,565▲ 4.4%€6,236▼ 17.6%
Net result-€2,797-€5,855within the sector's middle half€3,333within the sector's middle half▼ 43.1%€1,996within the sector's middle half▼ 40.1%-€1,031within the sector's middle half
Equity€115,397-€121,252within the sector's middle half▲ 5.1%€124,584within the sector's middle half▲ 2.7%€126,581within the sector's middle half▲ 1.6%€125,549within the sector's middle half▼ 0.8%
Total assets€355,771-€350,854within the sector's middle half▼ 1.4%€340,490within the sector's middle half▼ 3.0%€545,518above the sector's middle half▲ 60.2%€533,432above the sector's middle half▼ 2.2%
Debt€240,374-€229,602▼ 4.5%€215,905▼ 6.0%€418,937▲ 94.0%€407,883▼ 2.6%
Working capital-€12,490--€18,390below the sector's middle half▼ 47.2%-€25,244below the sector's middle half▼ 37.3%-€58,118below the sector's middle half▼ 130%-€65,118below the sector's middle half▼ 12.0%
Solvency32.4%-34.6%within the sector's middle half▲ 2.1pp36.6%within the sector's middle half▲ 2.0pp23.2%within the sector's middle half▼ 13.4pp23.5%within the sector's middle half▲ 0.3pp
Current ratio0.57-0.39below the sector's middle half▼ 0.180.11below the sector's middle half▼ 0.270.02below the sector's middle half▼ 0.090.03below the sector's middle half▲ 0.01
Return on assets (ROA)-0.8%-1.7%within the sector's middle half▲ 2.5pp1.0%within the sector's middle half▼ 0.7pp0.4%within the sector's middle half▼ 0.6pp-0.2%within the sector's middle half▼ 0.6pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, 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 2023; 2023 is 18% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €533,432
Fixed assets
€531,506 ▼ 2.3%
Current assets
€1,926 ▲ 40.4%
Equity and liabilities €533,432
Equity
€125,549 ▼ 0.8%
Debt
€407,883 ▼ 2.6%
Debt's share of the balance-sheet total falls from 76.8% to 76.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€18,877▼
2022 · €19,240
Cash flow
€11,609▼
2022 · €13,671
Debt to equity
3.25▼
2022 · 3.31
ROE
-0.8%▼
2022 · 1.6%
Interest coverage
3.50▲
2022 · 3.45
Debt ≤ 1 year
€67,044▲
2022 · €59,490
Debt > 1 year
€340,839▼
2022 · €359,447
Income taxes
€1,870
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,699 | €5,450 | €5,790 | €11,675 | €12,641 | ▲ 8.3% |
| Other operating charges640/8 | - | - | - | €786 | €560 | ▼ 28.9% |
| Gross operating margin9900 | €16,922 | €14,886 | €13,850 | €20,027 | €19,436 | ▼ 2.9% |
| Operating profit (loss)9901 | -€232 | €9,436 | €7,244 | €7,565 | €6,236 | ▼ 17.6% |
| Financial income75/76B | - | - | - | €0 | - | - |
| Recurring financial income75 | - | - | €6 | €0 | - | - |
| Financial charges65/66B | - | - | - | €5,569 | €5,398 | ▼ 3.1% |
| Recurring financial charges65 | €2,566 | €3,582 | €3,917 | €5,569 | €5,398 | ▼ 3.1% |
| Profit (loss) for the period before taxes9903 | -€2,797 | €5,855 | €3,333 | €1,996 | €838 | ▼ 58.0% |
| Income taxes67/77 | - | - | - | - | €1,870 | - |
| Profit (loss) for the period9904 | -€2,797 | €5,855 | €3,333 | €1,996 | -€1,031 | ▼ 152% |
| Profit (loss) for the period to be appropriated9905 | -€2,797 | €5,855 | €3,333 | €1,996 | -€1,031 | ▼ 152% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €355,771 | €350,854 | €340,490 | €545,518 | €533,432 | ▼ 2.2% |
| Fixed assets21/28 | €339,417 | €339,267 | €337,313 | €544,146 | €531,506 | ▼ 2.3% |
| Tangible fixed assets22/27 | €339,417 | €339,267 | €337,313 | €544,146 | €531,506 | ▼ 2.3% |
| Land and buildings22 | - | - | - | €540,251 | €528,140 | ▼ 2.2% |
| Plant, machinery and equipment23 | - | - | - | €3,896 | €3,366 | ▼ 13.6% |
| Current assets29/58 | €16,354 | €11,586 | €3,176 | €1,372 | €1,926 | ▲ 40.4% |
| Amounts receivable within one year40/41 | €7,620 | €2,700 | €0 | - | - | - |
| Cash at bank and in hand54/58 | €8,734 | €8,886 | €3,176 | €1,372 | €1,926 | ▲ 40.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €355,771 | €350,854 | €340,490 | €545,518 | €533,432 | ▼ 2.2% |
| Equity10/15 | €115,397 | €121,252 | €124,584 | €126,581 | €125,549 | ▼ 0.8% |
| Contributions10/11 | €156,990 | €156,990 | €156,990 | €156,990 | €156,990 | = |
| Capital10 | - | - | - | €156,990 | €156,990 | = |
| Issued capital100 | - | - | - | €156,990 | €156,990 | = |
| Reserves13 | €10,039 | €10,039 | €10,039 | €10,039 | €10,039 | = |
| Non-distributable reserves130/1 | - | - | - | €502 | €502 | = |
| Legal reserve130 | - | - | - | €502 | €502 | = |
| Distributable reserves133 | - | - | - | €9,537 | €9,537 | = |
| Profit (loss) carried forward14 | -€51,632 | -€45,777 | -€42,444 | -€40,448 | -€41,479 | ▼ 2.6% |
| Amounts payable17/49 | €240,374 | €229,602 | €215,905 | €418,937 | €407,883 | ▼ 2.6% |
| Amounts payable after more than one year17 | €211,531 | €199,626 | €187,485 | €359,447 | €340,839 | ▼ 5.2% |
| Financial debts170/4 | - | - | - | €359,447 | €340,839 | ▼ 5.2% |
| Amounts payable within one year42/48 | €28,844 | €29,976 | €28,420 | €59,490 | €67,044 | ▲ 12.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €19,264 | €18,609 | ▼ 3.4% |
| Trade debts44 | €207 | €94 | €569 | €0 | €4,759 | - |
| Suppliers440/4 | - | - | - | €0 | €4,759 | - |
| Other amounts payable47/48 | - | - | - | €40,226 | €43,676 | ▲ 8.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,797 | €5,855 | €3,333 | €1,996 | -€1,031 | ▼ 152% |
| + Depreciation and write-downs630 | €16,699 | €5,450 | €5,790 | €11,675 | €12,641 | ▲ 8.3% |
| Operating cash flow (approximation) | €13,902 | €11,305 | €9,122 | €13,671 | €11,609 | ▼ 15.1% |
| Investment in fixed assets (approximation) | - | -€5,300 | -€3,836 | -€218,508 | €0 | ▲ 100% |
| Change in cash | - | €152 | -€5,710 | -€1,804 | €554 | ▲ 131% |
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
2026
09-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 740 days late
2023
05-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 64 days late
2022
25-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 235 days late
30-06
Financial
Back to profitnet €5,855
Net result €5,855 after one loss-making year.
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
24-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
28-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
2016
29-02
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
2015
26-02
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Waregem · 1 establishment unit since 1990
Ground area
2,296 m²
Building footprint
429 m²
Volume, LiDAR
2,753 m³
Parcel 34040C1127/02W000, Flanders · tallest building 15.9 m, ±1 floor. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
AGROFFICE NV
since 19902.048.117.287
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34040C1127/02W000 | Flanders | 2,296 m² | 1 · 429 m² | 15.8 m · 1 fl. |
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.
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Of 697 companies in sector 46392 we hold annual accounts for 485. 323 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
Founded06-04-1990
Fiscal year end30-06
Activities, NACEBEL 2025
46392Non-specialised wholesale
E-invoicing
Reachable via Peppol
Peppol ID
0208:0440522134
Registered
20-11-2020
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.