Summary
AGRON has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2018 annual accounts show equity of €163,318 and a net result of €6,306. Equity is growing by ~14.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
No current score
Figures too old
The available figures for FY 2018 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2018 · tick = 2017
Profitability38▼-20
Solvency32▼-20
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2018Solvency, return and age of the figures
Solvency
6.5%
Return on assets
0.3%
Age of the figures
99 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 →
neutral · No filing for years
The last filed financial year closed on 30-06-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
30-06-2019 close31-01-2020 deadline26-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2018 was due by 31-01-2019 and was filed on 29-01-2019, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
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
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Financials · fiscal year 2018, abbreviated schema
Equity
€163,318▲ 4.0%
2017 · €157,012
Total assets
€2.5m▲ 327%
2017 · €585,728
Net result
€6,306▼ 86.8%
2017 · €47,624
Working capital
-€696,134
2017 · €44,848
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
Line20142015201620172018
Operating result€10,460-€3,442▼ 67.1%€7,240▲ 110%€61,498▲ 749%€19,557▼ 68.2%
Net result€11,066-€3,597▼ 67.5%€5,339▲ 48.4%€47,624▲ 792%€6,306▼ 86.8%
Equity€100,453-€104,049▲ 3.6%€109,388▲ 5.1%€157,012▲ 43.5%€163,318▲ 4.0%
Total assets€353,639-€195,306▼ 44.8%€442,264▲ 126%€585,728▲ 32.4%€2.5m▲ 327%
Debt€253,187-€91,256▼ 64.0%€332,876▲ 265%€428,716▲ 28.8%€2.3m▲ 445%
Working capital€86,219-€90,351▲ 4.8%-€1,130€44,848-€696,134
Staff (FTE)0.5-0.5=0.5=
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2018; 2018 is 68% below 2017.
Balance-sheet composition
2018 in colour, 2017 as the grey bar beneath
Assets €2.5m
Fixed assets
€2.3m ▲ 545%
Current assets
€165,340 ▼ 26.0%
Equity and liabilities €2.5m
Equity
€163,318 ▲ 4.0%
Debt
€2.3m ▲ 445%
Debt's share of the balance-sheet total rises from 73.2% to 93.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€220,415▲
2017 · €133,835
Cash flow
€207,164▲
2017 · €119,961
Current ratio
0.19▼
2017 · 1.25
Quick ratio
0.18▼
2017 · 1.15
Debt to equity
9.03▲
2017 · 1.59
ROE
3.9%▼
2017 · 30.3%
ROA
0.3%▼
2017 · 8.1%
Debt ≤ 1 year
€861,474▲
2017 · €178,708
Debt > 1 year
€1.5m▲
2017 · €250,008
Income taxes
€30▼
2017 · €8,400
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2014 | 2015 | 2016 | 2017 | 2018 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €759 | €535 | €20,511 | €72,337 | €200,858 | ▲ 178% |
| Gross operating margin9900 | €34,396 | €23,820 | €36,101 | €139,396 | €227,068 | ▲ 62.9% |
| Operating profit (loss)9901 | €10,460 | €3,442 | €7,240 | €61,498 | €19,557 | ▼ 68.2% |
| Recurring financial income75 | €819 | €213 | €33 | - | €2,450 | - |
| Recurring financial charges65 | €213 | €52 | €1,940 | €5,474 | €15,671 | ▲ 186% |
| Profit (loss) for the period before taxes9903 | €11,066 | €3,602 | €5,333 | €56,024 | €6,336 | ▼ 88.7% |
| Income taxes67/77 | - | €6 | -€6 | €8,400 | €30 | ▼ 99.6% |
| Profit (loss) for the period9904 | €11,066 | €3,597 | €5,339 | €47,624 | €6,306 | ▼ 86.8% |
| Profit (loss) for the period to be appropriated9905 | €11,066 | €3,597 | €5,339 | €28,874 | €6,306 | ▼ 78.2% |
| Line | 2014 | 2015 | 2016 | 2017 | 2018 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €353,639 | €195,306 | €442,264 | €585,728 | €2.5m | ▲ 327% |
| Fixed assets21/28 | €14,234 | €13,699 | €385,522 | €362,172 | €2.3m | ▲ 545% |
| Intangible fixed assets21 | - | - | €38,667 | €30,667 | €22,667 | ▼ 26.1% |
| Tangible fixed assets22/27 | €14,234 | €13,699 | €346,855 | €331,506 | €1.7m | ▲ 414% |
| Financial fixed assets28 | - | - | - | - | €606,900 | - |
| Current assets29/58 | €339,406 | €181,607 | €56,742 | €223,556 | €165,340 | ▼ 26.0% |
| Stocks and contracts in progress3 | - | €26,292 | €18,829 | €18,829 | €11,304 | ▼ 40.0% |
| Amounts receivable within one year40/41 | €318,275 | €152,366 | €12,224 | €183,885 | €139,604 | ▼ 24.1% |
| Cash at bank and in hand54/58 | €21,130 | €2,949 | €6,936 | €2,088 | €14,431 | ▲ 591% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €353,639 | €195,306 | €442,264 | €585,728 | €2.5m | ▲ 327% |
| Equity10/15 | €100,453 | €104,049 | €109,388 | €157,012 | €163,318 | ▲ 4.0% |
| Contributions10/11 | €63,000 | €63,000 | €63,000 | €63,000 | €63,000 | = |
| Reserves13 | €35,392 | €35,392 | €35,392 | €79,142 | €79,142 | = |
| Profit (loss) carried forward14 | €2,060 | €5,657 | €10,996 | €14,869 | €21,176 | ▲ 42.4% |
| Amounts payable17/49 | €253,187 | €91,256 | €332,876 | €428,716 | €2.3m | ▲ 445% |
| Amounts payable after more than one year17 | - | - | €275,004 | €250,008 | €1.5m | ▲ 490% |
| Amounts payable within one year42/48 | €253,187 | €91,256 | €57,872 | €178,708 | €861,474 | ▲ 382% |
| Trade debts44 | €249,819 | €90,349 | €32,876 | €26,812 | €36,524 | ▲ 36.2% |
| Line | 2014 | 2015 | 2016 | 2017 | 2018 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,066 | €3,597 | €5,339 | €47,624 | €6,306 | ▼ 86.8% |
| + Depreciation and write-downs630 | €759 | €535 | €20,511 | €72,337 | €200,858 | ▲ 178% |
| Operating cash flow (approximation) | €11,826 | €4,131 | €25,850 | €119,961 | €207,164 | ▲ 72.7% |
| Investment in fixed assets (approximation) | - | €0 | -€392,335 | -€48,987 | -€2.2m | ▼ 4,336% |
| Change in cash | - | -€18,181 | €3,987 | -€4,848 | €12,343 | ▲ 355% |
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
2019
29-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
Financial
Highest result since 2014net €47,624 ▲792%
Operating result €61,498, net result €47,624, both a record.
30-06
Financial
Equity above €150,000Eq €157,012 ▲43.5%
4 profitable years in a row build equity to €157,012.
10-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
12-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-06
Financial
Weakest financial yearnet €3,597 ▼67.5%
Net result drops to €3,597, the lowest in the series; recovery starts the following year.
14-01
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
29-01
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
24-01
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
15-02
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 15 days late
2011
31-01
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
11-01
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Lo-Reninge · 3 establishment units since 2001
Ground area
3.4 ha
Building footprint
536 m²
Volume, LiDAR
3,426 m³
3 parcels, Flanders · tallest building 11.8 m, ±2 floors. Linked by address, not a title deed.
3 establishment units
AGRON
since 20012.131.867.879
AGRON
since 20092.184.781.478
AGRON
since 20192.300.924.627
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33038A0373/00G000 | Flanders | 1.8 ha | - | - |
| 33018B0780/00F000 | Flanders | 8,124 m² | 1 · 151 m² | 7.2 m · 2 fl. |
| 32021D1132/00A002 | Flanders | 7,887 m² | 1 · 384 m² | 11.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels 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
2 sitesIeper2.131.867.879
Vleteren2.184.781.478
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Of 943 companies in sector 46231 we hold annual accounts for 421. 340 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formLimited partnership
Founded22-02-2001
Fiscal year end30-06
Activities, NACEBEL 2025
46231Wholesale of live animals
01500Mixed farming
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.
General meetings
1 convocationExtraordinary general meeting
Agenda
1. Bespreking en goedkeu- ring jaarrekening per 30 juni 2006. 2. Bestemming resultaat. 3. Kwijting bestuurders. 4. Ontslagen en benoemingen. Rondvraag. Zich richten naar de statuten. (48093) AGRON, naamloze vennootschap, Steenstraat 32A, 8904 Boezinge Ondernemingsnummer 0474.167.474 Jaarvergadering ten maatschappelijke zetel op 16 december 2006, om 19 uur. Agenda : 1. Bespreking van de jaarrekening afgesloten op 30 juni 2006. 2. Goedkeuring van de jaarrekening. 3. Kwijting aan de bestuurders. 4. Bezoldigingen. 5. Allerlei. (48166) Arta, naamloze vennootschap, Stationsstraat 47, 8490 Jabbeke Ondernemingsnummer 0465.355.817 — RPR Brugge Jaarvergadering op 16 december 2006, om 10 uur, op de zet ...