BEGAL
ActiveSummary
BEGAL has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€13,012) and a net result of €149,310. Equity is growing by ~20.4% per year across the filed fiscal years. Its solvency ranks better than 17% of 3163 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability91▲+91
Solvency23▲+19
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.77 against 0.58 in 2024; short-term debt: 96.2% and cash: 16.5% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five 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 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 dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 3163 sector peers (2025).
NBB · sector comparisonPosition among 3163 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
27 d late
2023
26 d late
2022
28 d late
2021
4 d late
2020
18 d late
2019
42 d late
← 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 25 days after 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. Usually files around 27 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
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
Turnover
€0
2023 · €0
Total assets
€828,775▲ 8.7%
2024 · €762,777
Net result
€149,310
2024 · -€180,189
Working capital
-€183,042▲ 49.1%
2024 · -€359,306
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
Turnover€0€0€0€0
Operating result€11,589▼ 80.4%€4,054▼ 65.0%€60,041▲ 1,381%-€178,243€151,305
Net result€8,167within the sector's middle half▼ 85.3%€114,420above the sector's middle half▲ 1,301%€40,771above the sector's middle half▼ 64.4%-€180,189below the sector's middle half€149,310above the sector's middle half
Equity-€137,325below the sector's middle half▲ 5.6%-€22,905below the sector's middle half▲ 83.3%€17,867within the sector's middle half-€162,322below the sector's middle half-€13,012below the sector's middle half▲ 92.0%
Total assets€627,215within the sector's middle half▲ 28.8%€636,251within the sector's middle half▲ 1.4%€882,712above the sector's middle half▲ 38.7%€762,777above the sector's middle half▼ 13.6%€828,775above the sector's middle half▲ 8.7%
Debt€764,540▲ 20.9%€659,155▼ 13.8%€849,427▲ 28.9%€912,199▲ 7.4%€831,406▼ 8.9%
Working capital-€243,150below the sector's middle half▼ 10.4%-€157,875below the sector's middle half▲ 35.1%-€186,293below the sector's middle half▼ 18.0%-€359,306below the sector's middle half▼ 92.9%-€183,042below the sector's middle half▲ 49.1%
Solvency-21.9%below the sector's middle half▲ 8.0pp-3.6%below the sector's middle half▲ 18.3pp2.0%below the sector's middle half▲ 5.6pp-21.3%below the sector's middle half▼ 23.3pp-1.6%below the sector's middle half▲ 19.7pp
Current ratio0.68within the sector's middle half▲ 0.040.76within the sector's middle half▲ 0.080.76within the sector's middle half=0.58below the sector's middle half▼ 0.180.77within the sector's middle half▲ 0.19
Return on assets (ROA)1.3%within the sector's middle half▼ 10.1pp18.0%above the sector's middle half▲ 16.7pp4.6%within the sector's middle half▼ 13.4pp-23.6%below the sector's middle half▼ 28.2pp18.0%above the sector's middle half▲ 41.6pp
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
The operating result returns to profit in 2025: €151,305 after a loss of €178,243 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €828,775
Fixed assets
€214,687 ▼ 20.1%
Current assets
€614,088 ▲ 24.3%
Key figures and ratios
EBITDA
€214,112▲
2024 · -€116,432
Cash flow
€212,117▲
2024 · -€118,378
Quick ratio
0.73▲
2024 · 0.54
Debt to equity
-63.89▼
2024 · -5.62
Interest coverage
60.41▲
2024 · -25.46
Debt ≤ 1 year
€797,130▼
2024 · €853,289
Debt > 1 year
€33,333▼
2024 · €58,333
Income taxes
€1,308▲
2024 · €828
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 268 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 93% are still going.
- Small
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
93%
still going
A further 1.9% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.7% |
| 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 75% 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 268 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €0 | €0 | €0 | €0 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €0 | €0 | €0 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24,553 | €27,404 | €53,166 | €61,811 | €62,807 | ▲ 1.6% |
| Other operating charges640/8 | €7,539 | €6,835 | €12,778 | €13,328 | €11,177 | ▼ 16.1% |
| Gross operating margin9900 | €43,681 | €38,293 | €125,985 | -€103,105 | €225,289 | ▲ 319% |
| Operating profit (loss)9901 | €11,589 | €4,054 | €60,041 | -€178,243 | €151,305 | ▲ 185% |
| Financial income75/76B | €658 | €120,037 | €1,477 | €937 | €340 | ▼ 63.8% |
| Recurring financial income75 | €658 | €632 | €1,477 | €937 | €340 | ▼ 63.8% |
| Non-recurring financial income76B | - | €119,405 | - | - | - | - |
| Financial charges65/66B | €3,249 | €2,476 | €4,634 | €4,573 | €3,544 | ▼ 22.5% |
| Recurring financial charges65 | €3,249 | €2,476 | €4,634 | €4,573 | €3,544 | ▼ 22.5% |
| Profit (loss) for the period before taxes9903 | €8,998 | €121,616 | €56,884 | -€181,879 | €148,100 | ▲ 181% |
| Transfer from deferred taxes780 | - | - | €2,207 | €2,518 | €2,518 | = |
| Transfer to deferred taxes680 | - | - | €17,625 | - | - | - |
| Income taxes67/77 | €831 | €7,196 | €695 | €828 | €1,308 | ▲ 58.0% |
| Profit (loss) for the period9904 | €8,167 | €114,420 | €40,771 | -€180,189 | €149,310 | ▲ 183% |
| Transfer from tax-exempt reserves789 | - | - | €6,622 | €7,554 | €7,554 | = |
| Transfer to tax-exempt reserves689 | - | - | €52,875 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €8,167 | €114,420 | -€5,481 | -€172,635 | €156,863 | ▲ 191% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €627,215 | €636,251 | €882,712 | €762,777 | €828,775 | ▲ 8.7% |
| Formation expenses20 | €0 | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €117,375 | €135,825 | €303,564 | €268,794 | €214,687 | ▼ 20.1% |
| Intangible fixed assets21 | €0 | €0 | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €85,709 | €104,160 | €271,902 | €237,132 | €183,025 | ▼ 22.8% |
| Land and buildings22 | €6,690 | €5,870 | €5,050 | €4,230 | €3,410 | ▼ 19.4% |
| Plant, machinery and equipment23 | €46,040 | €71,213 | €249,075 | €224,184 | €178,735 | ▼ 20.3% |
| Furniture and vehicles24 | €32,980 | €27,077 | €17,778 | €8,719 | €880 | ▼ 89.9% |
| Financial fixed assets28 | €31,666 | €31,666 | €31,662 | €31,662 | €31,662 | = |
| Current assets29/58 | €509,840 | €500,425 | €579,147 | €493,983 | €614,088 | ▲ 24.3% |
| Stocks and contracts in progress3 | €23,352 | €38,943 | €27,132 | €33,455 | €32,989 | ▼ 1.4% |
| Stocks30/36 | €23,352 | €38,943 | €27,132 | €33,455 | €32,989 | ▼ 1.4% |
| Amounts receivable within one year40/41 | €330,719 | €362,365 | €399,174 | €339,691 | €370,139 | ▲ 9.0% |
| Trade receivables40 | €329,152 | €357,254 | €396,772 | €335,288 | €370,139 | ▲ 10.4% |
| Other amounts receivable41 | €1,567 | €5,112 | €2,402 | €4,403 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €106,073 | €45,383 | €82,597 | €59,470 | €136,669 | ▲ 130% |
| Deferred charges and accrued income490/1 | €49,697 | €53,734 | €70,245 | €61,367 | €74,291 | ▲ 21.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €627,215 | €636,251 | €882,712 | €762,777 | €828,775 | ▲ 8.7% |
| Equity10/15 | -€137,325 | -€22,905 | €17,867 | -€162,322 | -€13,012 | ▲ 92.0% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | - | - | €46,253 | €38,699 | €31,146 | ▼ 19.5% |
| Tax-exempt reserves132 | - | - | €46,253 | €38,699 | €31,146 | ▼ 19.5% |
| Profit (loss) carried forward14 | -€143,525 | -€29,105 | -€34,586 | -€207,221 | -€50,358 | ▲ 75.7% |
| Provisions and deferred taxes16 | - | - | €15,418 | €12,900 | €10,382 | ▼ 19.5% |
| Deferred taxes168 | - | - | €15,418 | €12,900 | €10,382 | ▼ 19.5% |
| Amounts payable17/49 | €764,540 | €659,155 | €849,427 | €912,199 | €831,406 | ▼ 8.9% |
| Amounts payable after more than one year17 | €10,782 | €0 | €83,333 | €58,333 | €33,333 | ▼ 42.9% |
| Financial debts170/4 | €10,782 | €0 | €83,333 | €58,333 | €33,333 | ▼ 42.9% |
| Amounts payable within one year42/48 | €752,990 | €658,300 | €765,441 | €853,289 | €797,130 | ▼ 6.6% |
| Current portion of amounts payable after more than one year42 | €21,674 | €0 | €25,000 | €25,000 | €25,000 | = |
| Trade debts44 | €85,411 | €83,275 | €114,812 | €168,372 | €158,914 | ▼ 5.6% |
| Suppliers440/4 | €85,411 | €83,275 | €114,812 | €168,372 | €158,914 | ▼ 5.6% |
| Taxes, remuneration and social security45 | €1,222 | €7,038 | €7,365 | €3,371 | €3 | ▼ 99.9% |
| Taxes450/3 | €1,222 | €7,038 | €7,365 | €3,371 | €3 | ▼ 99.9% |
| Other amounts payable47/48 | €644,683 | €567,987 | €618,264 | €656,546 | €613,213 | ▼ 6.6% |
| Accrued charges and deferred income492/3 | €769 | €856 | €653 | €577 | €942 | ▲ 63.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,167 | €114,420 | €40,771 | -€180,189 | €149,310 | ▲ 183% |
| + Depreciation and write-downs630 | €24,553 | €27,404 | €53,166 | €61,811 | €62,807 | ▲ 1.6% |
| Operating cash flow (approximation) | €32,720 | €141,824 | €93,938 | -€118,378 | €212,117 | ▲ 279% |
| Investment in fixed assets (approximation) | - | -€45,854 | -€220,905 | -€27,041 | -€8,700 | ▲ 67.8% |
| Change in cash | - | -€60,689 | €37,214 | -€23,127 | €77,199 | ▲ 434% |
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
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Back to profitnet €149,310
Net result €149,310 after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Weakest financial yearnet -€180,189
Net result drops to -€180,189, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
31-12
Financial
Back to profitnet €55,399
Net result €55,399 after one loss-making year.
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 42 days late
2019
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
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, Verlaine · 1 establishment unit since 2015
Ground area
10.4 ha
Building footprint
539 m²
Volume, LiDAR
6,177 m³
Parcel 61063A0620/00G000, Wallonia · tallest building 23.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
BEGAL
since 20152.241.627.537
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61063A0620/00G000 | Wallonia | 10.4 ha | 1 · 539 m² | 23.4 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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 · 190,650 EUR awarded · 190,650 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 190,650 EUR | 190,650 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteVerlaine2.241.627.537
Similar companies · same sector, comparable size
Samen op Dreef
BE 0795.971.211
Meise · Eq €17,816
AGRIFI
BE 0894.728.790
Lievegem · Eq €17,750
FERME VANO, Société civile
BE 0865.373.523
Amay · Eq €17,567
Ricker Agrifutur
BE 1008.236.509
Binche · Eq €18,191
Ferme de Chassart
BE 0804.142.173
Grâce-Hollogne · Eq €17,542
Of 20,584 companies in sector 01500 we hold annual accounts for 1,149. 465 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-04-2015
Fiscal year end31-12
Activities, NACEBEL 2025
01500Mixed farming
01610Support activities for crop production
02200Logging
68110Buying and selling of own real estate
70200Business and other management consultancy
81300Landscape service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0627919107
Also
9925:BE0627919107
Registered
02-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.