Equity
€46.3m ▲ 2.7%
BELORTA paid out €23,251 in dividends. That is 2% of the 2025 profit.
BELORTA
Lifetime
13 annual accounts with figures on one time axispeak €724.1m (2024)
€700.7m▼ 3.2%
lowest -€888,362 (2024)
€1.3m▲ €2.2m
peak €46.3m (2025)
€46.3m▲ 2.7%
€158.2m▼ 3.3%
peak 423.7 FTE (2024)
420.6 FTE▼ 0.7%
Board65 names since 2017all names
27 directorsAlgoetDidier and 26 others
Owners4 names in the annual accounts
0.01%VERENIGDE GROENTETUINDERS and 1 other
Documentsfilings and deeds
10-06-202651 days before the deadline
2025financial year
Back to profit: €1.3mAppointment: Moore Audit BV (statutory auditor) 22-07Amendment of the articles 16-06Dividend €23,251Cash from €3.8m to €1.1m
Key points
from the 2025 annual accountsResult
€1.3m €1.3m
Back in profit in 2025, after a loss of €888,362 in 2024.
Debts
€158.2m 77% of the balance sheet
Financial debts 38%Suppliers 32%Taxes and wages 4%Other 25%
€64.2m of the debts are secured on the company's own assets. In 2021 that was €61.3m.
Staff
440 employees on 31-12-2025
In 2025, 45 people joined and 42 left. On top of that, 37.1 agency workers worked there on average.
Group
9 companies controlled
Heads a group.
Position in the sector
€46.3m
More equity than 95% of companies in crop and animal production. Sector median €806,018 · 565 companies.
Standalone figures, without subsidiaries
Group, consolidated 2025: turnover €701.5m, result €3.0m
Checked score
80
Excellent
Financially stronger than 34% of all companies
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 4 companies (NACE 01, large).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025lowest value
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.6%▲ +0.1 percentage points vs 05-2025
07-2025: 0.5%▼ -0.1 percentage points vs 06-2025
08-2025: 0.5%● unchanged vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.6%▲ +0.1 percentage points vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026highest value
07-2026: 0.5%▼ -0.1 percentage points vs 06-2026
08-2026: 0.5%● unchanged vs 07-2026
09-2026: 0.5%● unchanged vs 08-2026
10-2026: 0.5%● unchanged vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.70, cash €1.1m, halved
Equity €46.3m (22.6% of total assets)
11 establishment units
lowers risk
Sector: Crop and animal production, hunting and related service activities (NACE 01)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (all companies). It does better than 35% of them on solvency, 17% on liquidity, 41% on profitability and 41% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 273 companies had the same profile as BELORTA has now. Each dot is one company, two years later.
98.2%
were still trading
1.1%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of BELORTA itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 273 companies, not a prediction for BELORTA. 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
Credit of up to €3,700,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.7 (0.73 in 2024), below 1. Short-term debt is 54.4% and cash 0.5% of total assets. 77.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 565 sector peers (2025).
NBB · sector comparisonPosition among 565 sector peers
Solvency
better than 25%
← weakest
strongest →
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 10-06-2026, 51 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
51 days early
2024
43 days early
2023
44 days early
2022
52 days early
2021
51 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 48 days before the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 10 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
and 22 others
- BOBBAERS FRUIT 0.01%score 89equity €1.3m (2025) · 2024 annual accounts of BOBBAERS FRUIT
- VERENIGDE GROENTETUINDERS 0.01%score 95equity €3.1m (2025) · 2025 annual accounts of VERENIGDE GROENTETUINDERS
- A & D NAENEN 0%score 98equity €3.3m (2025) · 2025 annual accounts of A & D NAENEN
Shares in 11 companies, including LES VERGERS DE FERNELMONT and Meiveldkoeling
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0848973395
Appointment: Moore Audit BV (statutory auditor)
General meeting of 05-06-2025 · Gazette deed
Amendment of the articles
General meeting of 05-06-2025 · Gazette deed
Resignation: Peter Verschaeren (director)
Board meeting of 22-08-2024 · Gazette deed
Comparable companies
same main activity, the nearest in size| Company | ||||
|---|---|---|---|---|
| BELORTA Sint-Katelijne-Waver | €700.7m | -0.3% | 22.6% | 420.6 |
| ALDINVEST Oudenaarde | €3.4m | 74.4% | 53.7% | - |
Grey: the largest companies of the sector (crop and animal production (NACE 01)), without their names. Blue: the sector peers from the table.
This company has the same main activity as BELORTA: crop and animal production, hunting and related service activities (NACE 01630). It is smaller than BELORTA: total assets of €38m, founded in 1959.
Official details
Source: KBO- Status
- Active since 24-09-2012Normal situation
- Registered office
- 24 active companies are registered at this addressSource: KBO register, as of 10 November 2026.
- Activity
- Crop and animal production, hunting and related service activitiesNACE 01630and 4 others
- Joint committees
- 119Food trade
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment units
- 2.004.244.2863840 Tongeren-Borgloon, since 01-11-1942
- 2.019.953.0411730 Asse, since 18-11-1981and 9 others
- Financial year end
- 31 December
- Peppol
- Reachable since 17-12-2025
Annual accounts 2025
- €204.9m▼ 2.1%
- Employeeson 31-12-2025
- 440▲ 0.7%
- Filing
- Filed on 10-06-2026, 51 days before the end of the filing period
Companies linked to BELORTA
Subsidiaries and holdings
- Sort & Pak Service100%
- BELGISCHE FRUITVEILING86.98%
- KISTENPOOL VERBOND BELGISCHE TUINBOUWCOÖPERATIES62.96%
- FreshAlliance49%
- LOGISTIEKE EN ADMINISTRATIEVE VEILINGSASSOCIATIE41.38%
- EUROPEAN FRUIT CO-OPERATION - EUROPESE FRUIT COOPERATIE - EUROPAISCHE FRUCHT KOOPERATION33.33%
- Primoris Holding27.9%
- Optiflux5.88%
Insights on BELORTA
BELORTA has existed since 2012. Turnover grew from €357.9m in 2013 to €700.7m in 2025 and staff from 265.3 to 420.6 full-time equivalents.
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 BELORTA
- What is the company number of BELORTA?
- The company number of BELORTA is 0848.973.395. The VAT number is the same number with BE in front: BE 0848.973.395.
- Where is BELORTA based?
- The registered office is at Mechelsesteenweg 120, 2860 Sint-Katelijne-Waver.Company details
- What does BELORTA do?
- According to the KBO register, the main activity is crop and animal production, hunting and related service activities (NACE 01630).
- What is the legal form of BELORTA?
- BELORTA is a cooperative company (CV).
- When was BELORTA founded?
- BELORTA was founded on 24-09-2012.
- Is BELORTA still active?
- Yes, BELORTA is an active enterprise in the KBO register.
- How many employees does BELORTA have?
- BELORTA had an average of 420.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does BELORTA fall under?
- In its 2025 annual accounts, BELORTA states joint committees 119 (Food trade) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of BELORTA?
- The turnover of BELORTA was €700.7m in financial year 2025, according to the filed annual accounts.
- Is BELORTA profitable?
- In financial year 2025, BELORTA made a profit of €1.3m.
- Where can I find the annual accounts of BELORTA?
- BELORTA filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BELORTA due?
- BELORTA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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