Skip to content

AMPAGRO

Active
Public limited companyfounded 199135 yrs activeBrugsesteenweg 166, 8740 Pittem, BelgiumKBO/BCE: BE 0444.938.901
Summary

AMPAGRO has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €317,426 and a net result of -€5,619. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 86% of 3158 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability17▼-72
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24,000 at 30 days acceptable
Liquidity ample (current ratio 2.74 against 4.15 in 2024; short-term debt: 22.1% and cash: 52.5% of total assets), and 22.1% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 35 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
46 d early
2024
28 d early
2023
90 d early
2022
38 d early
2021
45 d early
2020
22 d early
2019
46 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 45 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 22 August 1991, AMPAGRO was incorporated.1 Total assets went from EUR 311,024 in 2018 to EUR 407,645 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
€317,426▼ 1.7%
2024 · €323,046
Total assets
€407,645▼ 1.5%
2024 · €413,680
Net result
-€5,619
2024 · €66,881
Working capital
€157,080▼ 17.3%
2024 · €190,034
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, 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
Line20212022202320242025
Operating result€30,220▼ 48.6%€22,553▼ 25.4%€92,283▲ 309%€87,728▼ 4.9%-€6,890
Net result€29,893above the sector's middle half▼ 48.9%€21,420within the sector's middle half▼ 28.3%€68,515above the sector's middle half▲ 220%€66,881above the sector's middle half▼ 2.4%-€5,619below the sector's middle half
Equity€166,230within the sector's middle half▼ 57.0%€187,650within the sector's middle half▲ 12.9%€256,165above the sector's middle half▲ 36.5%€323,046above the sector's middle half▲ 26.1%€317,426above the sector's middle half▼ 1.7%
Total assets€358,501within the sector's middle half▼ 10.3%€335,116within the sector's middle half▼ 6.5%€370,475within the sector's middle half▲ 10.6%€413,680within the sector's middle half▲ 11.7%€407,645within the sector's middle half▼ 1.5%
Debt€192,270▲ 1,332%€147,466▼ 23.3%€114,310▼ 22.5%€90,634▼ 20.7%€90,219▼ 0.5%
Working capital€136,450▼ 36.0%€124,170▼ 9.0%€162,391▲ 30.8%€190,034▲ 17.0%€157,080▼ 17.3%
Solvency46.4%within the sector's middle half▼ 50.3pp56.0%within the sector's middle half▲ 9.6pp69.1%above the sector's middle half▲ 13.1pp78.1%above the sector's middle half▲ 8.9pp77.9%above the sector's middle half▼ 0.2pp
above within below the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, 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
-€25,000€0€25,000€50,000€75,000€100,000Operating result 2021: €30,220€30,220Net result 2021: €29,893€29,893Operating result 2022: €22,553€22,553Net result 2022: €21,420€21,420Operating result 2023: €92,283€92,283Net result 2023: €68,515€68,515Operating result 2024: €87,728€87,728Net result 2024: €66,881€66,881Operating result 2025: -€6,890-€6,890Net result 2025: -€5,619-€5,61920212022202320242025-€25,000€0€25,000€50,000€75,000€100,000Operating result 2023: €92,283€92,300Net result 2023: €68,515€68,500Operating result 2024: €87,728€87,700Net result 2024: €66,881€66,900Operating result 2025: -€6,890-€6,890Net result 2025: -€5,619-€5,620202320242025
The operating result turns negative in 2025: a loss of €6,890 after €87,728 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €407,645
Fixed assets €160,346 ▼ 1.9%
Current assets €247,299 ▼ 1.2%
Equity and liabilities €407,645
Equity €317,426 ▼ 1.7%
Debt €90,219 ▼ 0.5%
Debt's share of the balance-sheet total rises from 21.9% to 22.1%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€3,127▼
2024 · €91,491
Cash flow
-€1,856▼
2024 · €70,644
Current ratio
2.74▼
2024 · 4.15
Debt to equity
0.28▲
2024 · 0.28
ROE
-1.8%▼
2024 · 20.7%
ROA
-1.4%▼
2024 · 16.2%
Interest coverage
-6.77▼
2024 · 114.11
Debt ≤ 1 year
€90,219▲
2024 · €60,237
Debt > 1 year
€0▼
2024 · €30,396
Income taxes
€9▼
2024 · €24,542
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,304 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
8.6% stopped otherwise
90% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 12,304 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet Code20242025
Assets
Total assets20/58€413,680€407,645▼
Fixed assets21/28€163,408€160,346▼
Tangible fixed assets22/27€163,408€159,645▼
Land and buildings22€146,152€145,844▼
Plant, machinery and equipment23€14,855€12,258▼
Furniture and vehicles24€2,401€1,543▼
Financial fixed assets28-€701
Current assets29/58€250,271€247,299▼
Amounts receivable within one year40/41€21,070€30,080▲
Trade receivables40€21,070€14,580▼
Other amounts receivable41-€15,500
Current investments50/53€170,000€0▼
Cash at bank and in hand54/58€54,876€214,186▲
Deferred charges and accrued income490/1€4,325€3,033▼
Equity and liabilities
Total equity and liabilities10/49€413,680€407,645▼
Equity10/15€323,046€317,426▼
Contributions10/11€179,331€179,331=
Capital10€130,000€130,000=
Issued capital100€130,000€130,000=
Outside capital11€49,331€49,331=
Share premium1100/10€49,331€49,331=
Reserves13€143,715€138,095▼
Non-distributable reserves130/1€7,065€7,065=
Legal reserve130€7,065€7,065=
Tax-exempt reserves132€10,032€10,032=
Distributable reserves133€126,617€120,998▼
Amounts payable17/49€90,634€90,219▼
Amounts payable after more than one year17€30,396€0▼
Financial debts170/4€30,396€0▼
Amounts payable within one year42/48€60,237€90,219▲
Current portion of amounts payable after more than one year42€30,197€30,396▲
Trade debts44€8,198€40,273▲
Suppliers440/4€8,198€40,273▲
Taxes, remuneration and social security45€21,843€19,550▼
Taxes450/3€21,843€19,550▼
Accrued charges and deferred income492/3€0-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,763€3,763=
Other operating charges640/8€15,638€14,703▼
Gross operating margin9900€107,129€11,576▼
Operating profit (loss)9901€87,728-€6,890▼
Financial income75/76B€4,497€1,741▼
Recurring financial income75€4,497€1,741▼
Financial charges65/66B€802€462▼
Recurring financial charges65€802€462▼
Profit (loss) for the period before taxes9903€91,423-€5,611▼
Income taxes67/77€24,542€9▼
Profit (loss) for the period9904€66,881-€5,619▼
Profit (loss) for the period to be appropriated9905€66,881-€5,619▼
Appropriation of the result
Profit (loss) to be appropriated9906€66,881-€5,619▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2-€5,619
Transfer to equity691/2€66,881€0▼
To the legal reserve6920€3,344€0▼
To other reserves6921€63,537€0▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,976€3,308€3,993€3,763€3,763=
Other operating charges640/8€8,915€10,531€11,680€15,638€14,703▼ 6.0%
Non-recurring operating charges66A€0-----
Gross operating margin9900€47,111€36,391€107,956€107,129€11,576▼ 89.2%
Operating profit (loss)9901€30,220€22,553€92,283€87,728-€6,890▼ 108%
Financial income75/76B€0€0-€4,497€1,741▼ 61.3%
Recurring financial income75€0€0-€4,497€1,741▼ 61.3%
Financial charges65/66B€327€1,133€1,018€802€462▼ 42.4%
Recurring financial charges65€327€1,133€1,018€802€462▼ 42.4%
Profit (loss) for the period before taxes9903€29,893€21,420€91,265€91,423-€5,611▼ 106%
Income taxes67/77--€22,750€24,542€9▼ 100.0%
Profit (loss) for the period9904€29,893€21,420€68,515€66,881-€5,619▼ 108%
Profit (loss) for the period to be appropriated9905€29,893€21,420€68,515€66,881-€5,619▼ 108%
Line20212022202320242025Change
Assets
Total assets20/58€358,501€335,116€370,475€413,680€407,645▼ 1.5%
Fixed assets21/28€170,184€171,165€167,172€163,408€160,346▼ 1.9%
Tangible fixed assets22/27€170,184€171,165€167,172€163,408€159,645▼ 2.3%
Land and buildings22€147,078€146,770€146,461€146,152€145,844▼ 0.2%
Plant, machinery and equipment23€23,105€20,279€17,452€14,855€12,258▼ 17.5%
Furniture and vehicles24-€4,116€3,259€2,401€1,543▼ 35.7%
Financial fixed assets28----€701-
Current assets29/58€188,317€163,951€203,303€250,271€247,299▼ 1.2%
Amounts receivable within one year40/41€34,218€26,822€85,752€21,070€30,080▲ 42.8%
Trade receivables40€31,296€11,252€85,752€21,070€14,580▼ 30.8%
Other amounts receivable41€2,922€15,569€0-€15,500-
Current investments50/53---€170,000€0▼ 100%
Cash at bank and in hand54/58€152,108€135,000€114,735€54,876€214,186▲ 290%
Deferred charges and accrued income490/1€1,991€2,129€2,815€4,325€3,033▼ 29.9%
Equity and liabilities
Total equity and liabilities10/49€358,501€335,116€370,475€413,680€407,645▼ 1.5%
Equity10/15€166,230€187,650€256,165€323,046€317,426▼ 1.7%
Contributions10/11€179,331€179,331€179,331€179,331€179,331=
Capital10€130,000€130,000€130,000€130,000€130,000=
Issued capital100€130,000€130,000€130,000€130,000€130,000=
Outside capital11€49,331€49,331€49,331€49,331€49,331=
Share premium1100/10€49,331€49,331€49,331€49,331€49,331=
Reserves13€13,344€13,344€76,833€143,715€138,095▼ 3.9%
Non-distributable reserves130/1€521€521€3,721€7,065€7,065=
Legal reserve130€521€521€3,721€7,065€7,065=
Tax-exempt reserves132€10,032€10,032€10,032€10,032€10,032=
Distributable reserves133€2,791€2,791€63,080€126,617€120,998▼ 4.4%
Profit (loss) carried forward14-€26,445-€5,025€0---
Amounts payable17/49€192,270€147,466€114,310€90,634€90,219▼ 0.5%
Amounts payable after more than one year17€120,394€90,592€60,593€30,396€0▼ 100%
Financial debts170/4€120,394€90,592€60,593€30,396€0▼ 100%
Amounts payable within one year42/48€51,867€39,781€40,913€60,237€90,219▲ 49.8%
Current portion of amounts payable after more than one year42€29,606€29,802€29,999€30,197€30,396▲ 0.7%
Trade debts44€22,261€9,979€3,086€8,198€40,273▲ 391%
Suppliers440/4€22,261€9,979€3,086€8,198€40,273▲ 391%
Taxes, remuneration and social security45€0-€7,828€21,843€19,550▼ 10.5%
Taxes450/3€0-€7,828€21,843€19,550▼ 10.5%
Accrued charges and deferred income492/3€20,009€17,093€12,804€0--
Line20212022202320242025Change
Profit (loss) for the period9904€29,893€21,420€68,515€66,881-€5,619▼ 108%
+ Depreciation and write-downs630€7,976€3,308€3,993€3,763€3,763=
Operating cash flow (approximation)€37,870€24,727€72,508€70,644-€1,856▼ 103%
Investment in fixed assets (approximation)--€4,289€0€0-€701-
Change in cash--€17,108-€20,265-€59,860€159,310▲ 366%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
15-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet -€5,619
Net result drops to -€5,619, the lowest in the series.
03-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
02-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2018net €68,515 ▲220%
Operating result €92,283, net result €68,515, both a record.
31-12
Financial Equity above €200,000Eq €256,165 ▲36.5%
6 profitable years in a row build equity to €256,165.
23-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
16-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
09-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
15-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Liquidity doublescurrent ratio 64.84
Current ratio from 32.23 to 64.84; short-term debt falls from €3,716 to €2,643.
11-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
12-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
05-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Pittem · 1 establishment unit since 1992
seat establishment The establishment unit on the map
Ground area
1,948 m²
Building footprint
646 m²
Volume, LiDAR
4,407 m³
2 parcels, Flanders · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Brugsesteenweg 170, 8740 Pittem
Growing of cereals (except rice), leguminous crops and oil seeds
since 19922.058.058.896
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37003C0555/00E000 Flanders 999 m² 1 · 180 m² 13.1 m · 3 fl.
37003C0290/00W000 Flanders 949 m² 1 · 466 m² 8.6 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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 · 1,482 EUR awarded · 1,482 EUR paid
Year Entries awardedpaid
2025 1 1,482 EUR1,482 EUR
Schemes
1 entry · 1,482 EUR · 1,482 EUR paid · Agentschap Landbouw en Zeevisserij

Recognitions · licences · registrations

Food safety, FASFC

1 site
Pittem2.058.058.896
1 permission
Toelating · Boerderij - varkens · since 01-01-2006

Similar companies · same sector, comparable size

Of 20,584 companies in sector 01500 we hold annual accounts for 1,149. 931 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
Founded22-08-1991
Fiscal year end31-12
Activities, NACEBEL 2025
01500Mixed farming
01461Pig breeding farms
E-invoicing
Reachable via Peppol
Peppol ID 0208:0444938901
Registered 17-07-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.