AGRORTIE
ActiveAGRORTIE has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €62k and a net result of €4k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 57% of 15869 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72▼-10
Solvency73▲+4
Growth61=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 1.79 against 1.63 in 2023; short-term debt: 52.1% and cash: 25.3% of total assets), but 52.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
47.9%
Return on assets
2.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
30 d early
2022
48 d early
2021
9 d late
2020
33 d late
2019
37 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€108k▲ 76.6%
2021 · €61k
2018: €74k
2019: €97k
2020: €39k
2021: €61k
2018 → 2022
EBIT margin
8.9%▲ 41.7pp
2021 · -32.8%
2018: -2.2%
2019: 7.0%
2020: -27.2%
2021: -32.8%
2018 → 2022
Net result
€4k▼ 77.1%
2023 · €16k
2018: €-2k
2019: €6k
2020: €-11k
2021: €-20k
2022: €9k
2023: €16k
2018 → 2024
Working capital
€53k▼ 1.2%
2023 · €54k
2018: €51k
2019: €65k
2020: €62k
2021: €36k
2022: €45k
2023: €54k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€39k-€61k▲ 56.4%€108k▲ 76.6%
Equity€61k-€41k▼ 33.3%€50k▲ 23.1%€66k▲ 31.8%€62k▼ 6.1%
Operating result€-11k-€-20k▼ 88.9%€10k€16k▲ 67.1%€4k▼ 75.9%
Net result€-11k-€-20k▼ 82.9%€9k€16k▲ 69.8%€4k▼ 77.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 76% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €129k
Fixed assets
€9k▼ 28.3%
Current assets
€121k▼ 13.2%
Equity and liabilities €129k
Equity
€62k▼ 6.1%
Debt
€67k▼ 20.9%
The debt ratio falls from 56.4% to 52.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€7k▼
2023 · €20k
Cash flow
€7k▼
2023 · €20k
Solvency
47.9%▲
2023 · 43.6%
Current ratio
1.79▲
2023 · 1.63
Quick ratio
1.27▲
2023 · 1.20
Debt / equity
1.09▼
2023 · 1.29
ROE
5.9%▼
2023 · 24.1%
ROA
2.8%▼
2023 · 10.5%
Interest coverage
32.18▼
2023 · 111.41
Debt
€67k▼
2023 · €85k
Debt ≤ 1 year
€67k▼
2023 · €85k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€151k€129k▼
Fixed assets21/28€12k€9k▼
Tangible fixed assets22/27€12k€9k▼
Furniture and vehicles24€12k€9k▼
Current assets29/58€139k€121k▼
Stocks and contracts in progress3€37k€35k▼
Stocks30/36€37k€35k▼
Amounts receivable within one year40/41€83k€53k▼
Trade receivables40€79k€51k▼
Other amounts receivable41€4k€2k▼
Cash at bank and in hand54/58€20k€33k▲
Equity and liabilities
Total equity and liabilities10/49€151k€129k▼
Equity10/15€66k€62k▼
Contributions10/11€72k€72k=
Capital10€72k-
Issued capital100€72k-
Profit (loss) carried forward14€-6k€-10k▼
Amounts payable17/49€85k€67k▼
Amounts payable within one year42/48€85k€67k▼
Current portion of amounts payable after more than one year42€4k-
Trade debts44€81k€67k▼
Suppliers440/4€81k€67k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8-€1k
Gross operating margin9900€20k€9k▼
Operating profit (loss)9901€16k€4k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€180€225▲
Recurring financial charges65€180€225▲
Profit (loss) for the period before taxes9903€16k€4k▼
Profit (loss) for the period9904€16k€4k▼
Profit (loss) for the period to be appropriated9905€16k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€-10k▼
Profit (loss) brought forward from the previous period14P€-22k€-14k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €16k ▲69.8%
Operating result €16k, net result €16k, both a record.
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 9 days late
2021
31-12
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
02-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 33 days late
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 13 days late
2018
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial 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
Registered office, Namur · 1 establishment unit since 2015
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.
Rue de Gembloux(SS) 5005002 NamurGround area
3.6 ha
Building footprint
722 m²
Volume, LiDAR
2,990 m³
2 parcels, Wallonia · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AGRORTIE scrl
since 20152.269.875.323
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92108A0041/00F004 | Wallonia | 3.4 ha | 1 · 659 m² | 6.5 m · 1 fl. |
| 25080B0351/00H000 | Wallonia | 2,153 m² | 1 · 63 m² | 6.2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteIncourt2.269.875.323
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Of 174 companies in sector 46211 we hold annual accounts for 79. 45 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-10-2015
Fiscal year end31-12
Activities, NACEBEL
46211Wholesale trade
01630Crop and animal production, hunting and related service activities
01640Crop and animal production, hunting and related service activities
46214Wholesale trade
46220Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:georges.beguin@euro-seeds.be
Phone:071/877884