AGRUCO
ActiveSummary
AGRUCO has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €49k and a net result of €413k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 9518 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
63
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency35▲+5
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.11 against 1.04 in 2023; short-term debt: 89.8% and cash: 18.3% of total assets), and 89.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 9518 sector peers (2024).
NBB · sector comparisonPosition among 9518 sector peers
Solvency
better than 19%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €49k
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 08-05-2025, 84 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
84 d early
2023
134 d early
2022
139 d early
2021
144 d early
2020
150 d early
2019
45 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€49k▲ 136%
2023 · €21k
2018: €250k
2019: €480k
2020: €38k
2021: €21k
2022: €21k
2023: €21k
2018 → 2024
Total assets
€480k▲ 15.9%
2023 · €414k
2018: €256k
2019: €507k
2020: €813k
2021: €388k
2022: €278k
2023: €414k
2018 → 2024
Net result
€413k▲ 13.7%
2023 · €364k
2018: €154k
2019: €239k
2020: €301k
2021: €339k
2022: €244k
2023: €364k
2018 → 2024
Working capital
€47k▲ 169%
2023 · €17k
2018: €249k
2019: €478k
2020: €36k
2021: €20k
2022: €17k
2023: €17k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€38k-€21k▼ 44.6%€21k▼ 0.5%€21k▲ 0.2%€49k▲ 136%
Operating result€398k-€438k▲ 10.1%€323k▼ 26.3%€480k▲ 48.6%€544k▲ 13.4%
Net result€301k-€339k▲ 12.6%€244k▼ 28.1%€364k▲ 49.1%€413k▲ 13.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 13% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €480k
Fixed assets
€2k ▼ 35.7%
Current assets
€478k ▲ 16.3%
Equity and liabilities €480k
Equity
€49k ▲ 136%
Debt
€431k ▲ 9.6%
Debt's share of the balance-sheet total falls from 95.0% to 89.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€545k▲
2023 · €481k
Cash flow
€414k▲
2023 · €365k
Current ratio
1.11▲
2023 · 1.04
Debt to equity
8.80▼
2023 · 18.97
ROE
844.3%
ROA
86.1%▼
2023 · 87.8%
Interest coverage
274.89▼
2023 · 310.60
Debt ≤ 1 year
€431k▲
2023 · €393k
Income taxes
€133k▲
2023 · €118k
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 · 2024 against 2023 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€414k€480k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€842€435▼
Current assets29/58€411k€478k▲
Amounts receivable within one year40/41€2k€86k▲
Trade receivables40€2k€85k▲
Other amounts receivable41€640€1k▲
Current investments50/53€200k€300k▲
Cash at bank and in hand54/58€205k€88k▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€414k€480k▲
Equity10/15€21k€49k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€264€28k▲
Amounts payable17/49€393k€431k▲
Amounts payable within one year42/48€393k€431k▲
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€27k€43k▲
Taxes450/3€27k€43k▲
Other amounts payable47/48€364k€385k▲
Income statement
Code20232024
Non-recurring operating income76A-€106
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Other operating charges640/8€576€417▼
Gross operating margin9900€482k€546k▲
Operating profit (loss)9901€480k€544k▲
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€481k€546k▲
Income taxes67/77€118k€133k▲
Profit (loss) for the period9904€364k€413k▲
Profit (loss) for the period to be appropriated9905€364k€413k▲
Appropriation of the result
Profit (loss) to be appropriated9906€364k€413k▲
Profit (loss) brought forward from the previous period14P€225€264▲
Profit to be distributed694/7€364k€385k▲
Return on contributions (dividend)694€364k€385k▲
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
08-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €413k ▲13.7%
Operating result €544k, net result €413k, both a record.
28-06
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
28-06
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
26-06
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
14-06
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
13-06
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
13-06
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
13-06
State Gazette act
Board meeting · Director resignation
Director appointment · Permanent representative
19-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Show earlier events
2021
03-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Schoten · 1 establishment unit since 2017
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.
Grote Singel 1262900 SchotenGround area
3,728 m²
Building footprint
310 m²
Volume, LiDAR
1,698 m³
Parcel 11040D0164/00D009, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AGRUCO
since 20172.260.250.052
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11040D0164/00D009 | Flanders | 3,728 m² | 1 · 310 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
2 connected companiesLinked via shared directors
Shared director
→
Shared director
→
Ownership & control
6 board mandatesBoard mandates of this companythis company sits on their board6
3 locations
1 location
1 location
1 location
1 location
1 location
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Of 24,500 companies in sector 82990 we hold annual accounts for 9,404. 6,907 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 formPrivate limited company
Founded11-01-2017
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
63920Other information service activities
64210Activities of holding companies
70200Business and other management consultancy
73300Public relations and communication consultancy
82100Office administrative and support services
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:peter.grugeon.agruco@gmail.com