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BAGRO

Active Private limited company (pre-2019)founded 1988active for 38 yearsPilorijnstraat 10, 9000 GhentKBO/BCE: BE 0435.015.801

Lifetime

19 annual accounts with figures on one time axis, 36 filings since 1989
peak €82,980 (2022)
€76,545▼ 2.4%
lowest -€69,271 (2021)
€11,035▼ 11.6%
peak €278,775 (2020)
€256,201▲ 4.5%
€1.0m▲ 1.7%
Documentsfilings and deeds
28-08-202628 days late
2025micro format
A quiet year: no large shift against the year before.

Key points

from the 2025 annual accounts

Equity

€256,201 ▲ 4.5%

BAGRO has made a profit without a break since 2022.

Debts

€1.0m 80% of the balance sheet
After one year 66%Within one year 34%

Of this, €351,733 falls due within a year.

Filings

36 annual accounts since 1989
AprilJune31 JulyOctober1990200020102020

Nine of the last ten came late. The 2021 accounts came latest: 100 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 4,681 companies had the same profile as BAGRO has now. Each dot stands for 12 companies, two years later.

97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 4,681 companies, not a prediction for BAGRO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0435015801
Registered office moved within Ghent New registered office: Pilorijnstraat 10, 9000 Gent · Previous registered office: Dampoortstraat 76, 9000 Gent · General meeting of 29-12-2020 · Gazette deed
First establishment Ruienhovestraat 3, Ghent
Incorporation published on 14-09-1988 · Gazette deed
All 46 events

Comparable companies

same main activity, similar in size and age
Company
BAGRO Ghent €1.3m €75,297 20.0% -
ASTRA CASA Destelbergen €1.1m €60,820 96.5% -
THYSSEN INVEST Waasmunster €1.0m €79,725 53.6% -
Kruisem Logistics Park Erpe-Mere €1.6m €73,007 99.2% -
VISINVEST Visé €1.3m €71,070 23.0% 0
DEBRA Kortrijk €1.4m €65,546 29.2% -
ALPHA FINANCE Liège €1.2m €65,465 -2.8% -

These companies have the same main activity as BAGRO: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €1m and €1.6m, founded between 1988 and 1991.

Official details

Source: KBO
Status
Active since 19-08-1988Normal situation
Activity
Renting and operating of own or leased non-residential real estate, excluding landNACE 68203and 1 other
Establishment unit
2.102.720.4689032 Ghent, since 05-09-1988
Financial year end
31 December
Peppol
Reachable since 17-03-2026
Company details

Annual accounts 2025

€1.3m▲ 2.2%
Filing
Filed on 28-08-2026
Financials

Insights on BAGRO

BAGRO has existed since 1988. Turnover grew from €21,024 in 2006 to €76,545 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about BAGRO

What is the company number of BAGRO?
The company number of BAGRO is 0435.015.801. The VAT number is the same number with BE in front: BE 0435.015.801.
Where is BAGRO based?
The registered office is at Pilorijnstraat 10, 9000 Ghent.Company details
What does BAGRO do?
According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
What is the legal form of BAGRO?
BAGRO is a private limited company (pre-2019) (BVBA).
When was BAGRO founded?
BAGRO was founded on 19-08-1988.
Is BAGRO still active?
Yes, BAGRO is an active enterprise in the KBO register.
What is the turnover of BAGRO?
The turnover of BAGRO was €76,545 in financial year 2025, according to the filed annual accounts.Financials
Is BAGRO profitable?
In financial year 2025, BAGRO made a profit of €11,035.
Where can I find the annual accounts of BAGRO?
BAGRO filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BAGRO due?
BAGRO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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