CENTRAGRO
ActiveSummary
CENTRAGRO has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.3m and a net result of €147,160. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 51% of 4926 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability58▲+7
Solvency72▲+7
Growth50▼-2
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €490,000 at 30 days acceptable
Liquidity tight (current ratio 1.41 against 1.28 in 2024; short-term debt: 36.2% and cash: 2.5% of total assets), and 53.2% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
46.8%
Return on assets
0.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
27 d late
2023
6 d early
2022
26 d early
2021
24 d early
2020
9 d early
2019
29 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 11 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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 monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#1 company by total assets in Estinnes, Wholesale and retail trade sector#1 company by equity in Estinnes, Wholesale and retail trade sector#3 employer in Estinnes
Turnover
€27.7m▼ 2.4%
2024 · €28.4m
EBIT margin
1.1%▲ 0.3pp
2024 · 0.8%
Net result
€147,160▲ 550%
2024 · €22,641
Working capital
€2.3m▲ 5.7%
2024 · €2.2m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€28.9m▲ 8.0%€38.5m▲ 33.1%€30.1m▼ 21.7%€28.4m▼ 5.8%€27.7m▼ 2.4%
Operating result€226,002▼ 15.1%€165,199▼ 26.9%€38,570▼ 76.7%€228,579▲ 493%€314,220▲ 37.5%
Net result€128,833▼ 18.0%€68,224▼ 47.0%€38,961▼ 42.9%€22,641▼ 41.9%€147,160▲ 550%
EBIT margin0.8%▼ 0.2pp0.4%▼ 0.4pp0.1%▼ 0.3pp0.8%▲ 0.7pp1.1%▲ 0.3pp
Equity€6.8m▲ 2.0%€7.0m▲ 1.8%€7.0m▲ 0.8%€7.1m▲ 1.0%€7.3m▲ 2.4%
Total assets€19.1m▲ 12.0%€20.5m▲ 7.4%€16.8m▼ 18.1%€17.9m▲ 6.3%€15.5m▼ 13.2%
Debt€12.2m▲ 18.6%€13.5m▲ 10.6%€9.7m▼ 28.0%€10.7m▲ 10.2%€8.2m▼ 23.6%
Working capital€2.4m▼ 13.8%€2.2m▼ 6.5%€2.2m▼ 2.5%€2.2m▼ 0.3%€2.3m▲ 5.7%
Staff (FTE)23.9▲ 4.8%23.4▼ 2.1%23.8▲ 1.7%22.6▼ 5.0%21.3▼ 5.8%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 37% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15.5m
Fixed assets
€7.6m ▼ 2.5%
Current assets
€7.9m ▼ 21.4%
Equity and liabilities €15.5m
Equity
€7.3m ▲ 2.4%
Provisions
€93,436 ▼ 4.7%
Debt
€8.2m ▼ 23.6%
Debt's share of the balance-sheet total falls from 59.8% to 52.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€984,652▲
2024 · €908,911
Cash flow
€817,592▲
2024 · €702,973
Current ratio
1.41▲
2024 · 1.28
Quick ratio
0.60▲
2024 · 0.54
Debt to equity
1.13▼
2024 · 1.51
ROE
2.0%▲
2024 · 0.3%
ROA
0.9%▲
2024 · 0.1%
Interest coverage
7.61▲
2024 · 4.92
Debt ≤ 1 year
€5.6m▼
2024 · €7.9m
Debt > 1 year
€2.5m▼
2024 · €2.7m
Income taxes
€71,128▲
2024 · €22,014
Staff costs
€1.3m▼
2024 · €1.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,684 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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%.
| 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 14,684 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 |
|---|---|---|---|---|---|---|
| Operating income70/76A | €29.0m | €38.7m | €30.2m | €28.4m | €27.8m | ▼ 2.4% |
| Turnover70 | €28.9m | €38.5m | €30.1m | €28.4m | €27.7m | ▼ 2.4% |
| Other operating income74 | €93,875 | €108,038 | €76,919 | €68,541 | €50,263 | ▼ 26.7% |
| Non-recurring operating income76A | €24,080 | €146,540 | €32,000 | €2,863 | €0 | ▼ 100% |
| Operating charges60/66A | €28.8m | €38.5m | €30.2m | €28.2m | €27.4m | ▼ 2.8% |
| Goods for resale, raw materials and consumables60 | €24.8m | €34.4m | €26.2m | €23.7m | €23.3m | ▼ 1.7% |
| Purchases600/8 | €24.7m | €34.9m | €23.2m | €25.4m | €22.1m | ▼ 13.1% |
| Change in stocks: decrease (increase)609 | €91,083 | -€543,942 | €3.0m | -€1.7m | €1.2m | ▲ 171% |
| Services and other goods61 | €2.0m | €2.2m | €1.9m | €2.3m | €2.1m | ▼ 10.2% |
| Remuneration, social security and pensions62 | €1.2m | €1.3m | €1.4m | €1.4m | €1.3m | ▼ 10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €538,932 | €582,579 | €610,146 | €680,332 | €670,432 | ▼ 1.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €23,891 | €1,970 | €9,374 | €16,076 | €9,960 | ▼ 38.0% |
| Other operating charges640/8 | €167,170 | €94,195 | €110,646 | €112,685 | €122,487 | ▲ 8.7% |
| Non-recurring operating charges66A | €15,258 | - | - | - | - | - |
| Operating profit (loss)9901 | €226,002 | €165,199 | €38,570 | €228,579 | €314,220 | ▲ 37.5% |
| Financial income75/76B | €19,968 | €15,690 | €136,936 | €12,665 | €30,019 | ▲ 137% |
| Recurring financial income75 | €19,968 | €15,690 | €136,936 | €12,665 | €27,344 | ▲ 116% |
| Other financial income752/9 | €19,968 | €15,690 | €136,936 | €12,665 | €27,344 | ▲ 116% |
| Non-recurring financial income76B | - | - | - | - | €2,675 | - |
| Financial charges65/66B | €65,996 | €81,093 | €115,834 | €201,185 | €130,547 | ▼ 35.1% |
| Recurring financial charges65 | €65,231 | €81,093 | €115,834 | €201,185 | €130,547 | ▼ 35.1% |
| Debt charges650 | €63,849 | €76,853 | €115,766 | €184,584 | €129,396 | ▼ 29.9% |
| Other financial charges652/9 | €1,381 | €4,240 | €69 | €16,601 | €1,151 | ▼ 93.1% |
| Non-recurring financial charges66B | €766 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €179,974 | €99,796 | €59,671 | €40,058 | €213,691 | ▲ 433% |
| Transfer from deferred taxes780 | €4,596 | €4,596 | €4,596 | €4,596 | €4,596 | = |
| Income taxes67/77 | €55,737 | €36,168 | €25,306 | €22,014 | €71,128 | ▲ 223% |
| Taxes670/3 | €55,737 | €36,168 | €25,306 | €22,014 | €71,128 | ▲ 223% |
| Tax adjustments and reversals of tax provisions77 | - | €0 | €0 | - | - | - |
| Profit (loss) for the period9904 | €128,833 | €68,224 | €38,961 | €22,641 | €147,160 | ▲ 550% |
| Transfer from tax-exempt reserves789 | €13,789 | €13,789 | €13,789 | €13,789 | €13,789 | = |
| Profit (loss) for the period to be appropriated9905 | €142,622 | €82,012 | €52,750 | €36,429 | €160,948 | ▲ 342% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €19.1m | €20.5m | €16.8m | €17.9m | €15.5m | ▼ 13.2% |
| Fixed assets21/28 | €7.4m | €7.8m | €8.0m | €7.8m | €7.6m | ▼ 2.5% |
| Tangible fixed assets22/27 | €7.4m | €7.8m | €7.9m | €7.8m | €7.6m | ▼ 2.6% |
| Land and buildings22 | €6.4m | €6.7m | €6.4m | €6.2m | €6.2m | ▼ 0.4% |
| Plant, machinery and equipment23 | €271,050 | €595,540 | €620,383 | €734,546 | €599,439 | ▼ 18.4% |
| Furniture and vehicles24 | €549,744 | €444,265 | €859,282 | €767,997 | €532,236 | ▼ 30.7% |
| Leasing and similar rights25 | €23,602 | - | - | - | - | - |
| Assets under construction and advance payments27 | €139,151 | €39,361 | €33,100 | €40,750 | €240,750 | ▲ 491% |
| Financial fixed assets28 | €25,254 | €36,243 | €36,243 | €36,243 | €36,243 | = |
| Other financial fixed assets284/8 | €25,254 | €36,243 | €36,243 | €36,243 | €36,243 | = |
| Shares284 | €25,023 | €36,012 | €36,012 | €36,012 | €36,012 | = |
| Amounts receivable and cash guarantees285/8 | €231 | €231 | €231 | €231 | €231 | = |
| Current assets29/58 | €11.7m | €12.7m | €8.9m | €10.1m | €7.9m | ▼ 21.4% |
| Stocks and contracts in progress3 | €6.5m | €7.0m | €4.1m | €5.8m | €4.6m | ▼ 20.9% |
| Stocks30/36 | €6.5m | €7.0m | €4.1m | €5.8m | €4.6m | ▼ 20.9% |
| Goods purchased for resale34 | €6.5m | €7.0m | €4.1m | €5.8m | €4.6m | ▼ 20.9% |
| Amounts receivable within one year40/41 | €4.6m | €4.6m | €4.5m | €3.8m | €2.9m | ▼ 23.2% |
| Trade receivables40 | €4.2m | €4.4m | €4.3m | €3.6m | €2.9m | ▼ 21.5% |
| Other amounts receivable41 | €378,958 | €189,428 | €153,917 | €166,588 | €69,140 | ▼ 58.5% |
| Cash at bank and in hand54/58 | €664,396 | €981,247 | €314,595 | €242,335 | €393,444 | ▲ 62.4% |
| Deferred charges and accrued income490/1 | €23,802 | €114,393 | €20,969 | €241,049 | €24,299 | ▼ 89.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €19.1m | €20.5m | €16.8m | €17.9m | €15.5m | ▼ 13.2% |
| Equity10/15 | €6.8m | €7.0m | €7.0m | €7.1m | €7.3m | ▲ 2.4% |
| Contributions10/11 | €2.0m | €2.0m | €2.1m | €2.1m | €2.1m | ▲ 1.3% |
| Capital10 | - | - | - | €2.1m | €2.1m | ▲ 1.3% |
| Issued capital100 | - | - | - | €2.1m | €2.2m | ▲ 1.3% |
| Uncalled capital101 | - | - | - | €12,470 | €11,200 | ▼ 10.2% |
| Reserves13 | €3.8m | €3.8m | €3.8m | €3.8m | €3.8m | ▼ 0.4% |
| Non-distributable reserves130/1 | €197,887 | €202,655 | €205,292 | €207,113 | €207,113 | = |
| Legal reserve130 | - | - | - | €207,113 | €207,113 | = |
| Reserves not available under the articles1311 | €197,887 | €202,655 | €205,292 | - | - | - |
| Tax-exempt reserves132 | €342,349 | €328,561 | €314,772 | €300,984 | €287,195 | ▼ 4.6% |
| Distributable reserves133 | €3.3m | €3.3m | €3.3m | €3.3m | €3.3m | = |
| Profit (loss) carried forward14 | €928,913 | €1.0m | €1.1m | €1.1m | €1.2m | ▲ 14.7% |
| Investment grants15 | €140,208 | €134,227 | €128,247 | €122,266 | €116,286 | ▼ 4.9% |
| Provisions and deferred taxes16 | €111,821 | €107,225 | €102,629 | €98,032 | €93,436 | ▼ 4.7% |
| Deferred taxes168 | €111,821 | €107,225 | €102,629 | €98,032 | €93,436 | ▼ 4.7% |
| Amounts payable17/49 | €12.2m | €13.5m | €9.7m | €10.7m | €8.2m | ▼ 23.6% |
| Amounts payable after more than one year17 | €2.8m | €2.9m | €2.9m | €2.7m | €2.5m | ▼ 8.5% |
| Financial debts170/4 | €2.8m | €2.9m | €2.9m | €2.7m | €2.5m | ▼ 8.5% |
| Credit institutions173 | €2.8m | €2.9m | €2.9m | €2.7m | €2.5m | ▼ 8.5% |
| Amounts payable within one year42/48 | €9.3m | €10.5m | €6.7m | €7.9m | €5.6m | ▼ 28.9% |
| Current portion of amounts payable after more than one year42 | €440,418 | €532,307 | €462,335 | €511,992 | €534,407 | ▲ 4.4% |
| Financial debts43 | €2.4m | €2.1m | €2.3m | €2.3m | €2.3m | ▼ 3.9% |
| Credit institutions430/8 | €2.4m | €2.1m | €2.3m | €2.3m | €2.3m | ▼ 3.9% |
| Trade debts44 | €6.3m | €7.6m | €3.6m | €4.7m | €2.5m | ▼ 46.6% |
| Suppliers440/4 | €6.3m | €7.6m | €3.6m | €4.7m | €2.5m | ▼ 46.6% |
| Taxes, remuneration and social security45 | €235,229 | €218,403 | €316,089 | €292,150 | €285,877 | ▼ 2.1% |
| Taxes450/3 | €44,110 | €28,967 | €60,692 | €84,262 | €107,146 | ▲ 27.2% |
| Remuneration and social security454/9 | €191,119 | €189,436 | €255,397 | €207,889 | €178,730 | ▼ 14.0% |
| Other amounts payable47/48 | €4,853 | €1,125 | €1,718 | €1,233 | €8,760 | ▲ 610% |
| Accrued charges and deferred income492/3 | €17,627 | €32,901 | €73,677 | €48,148 | €45,062 | ▼ 6.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €128,833 | €68,224 | €38,961 | €22,641 | €147,160 | ▲ 550% |
| + Depreciation and write-downs630 | €538,932 | €582,579 | €610,146 | €680,332 | €670,432 | ▼ 1.5% |
| Operating cash flow (approximation) | €667,765 | €650,803 | €649,107 | €702,973 | €817,592 | ▲ 16.3% |
| Investment in fixed assets (approximation) | - | -€1.0m | -€759,116 | -€530,086 | -€471,567 | ▲ 11.0% |
| Change in cash | - | €316,851 | -€666,652 | -€72,260 | €151,109 | ▲ 309% |
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
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 27 days late
2024
31-12
Financial
Weakest financial yearnet €22,641 ▼41.9%
Net result drops to €22,641, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 18 acts read
About the unread acts
We know of 18 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
18 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, Estinnes · 4 establishment units since 1999
Ground area
5.2 ha
Building footprint
42 m²
Volume, LiDAR
61 m³
2 parcels, Wallonia · tallest building 7.2 m. Linked by address, not a title deed.
4 establishment units
Chaussée Brunehault(EMT) 202, 7120 Estinnes
since 19992.091.971.482
CENTRAGRO
since 19992.091.971.581
CENTRAGRO GARDEN
since 20132.217.334.678
Barrière d'Aubreux(ROUV) 8-10, 7120 Estinnes
since 20162.253.345.830
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56018B0112/00L000indicative | Wallonia | 5.2 ha | - | - |
| 56023B0056/00F000 | Wallonia | 108 m² | 1 · 42 m² | 7.2 m |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
4 sitesFrameries2.091.971.581
Estinnes2.091.971.482
Estinnes2.253.345.830
Frameries2.217.334.678
Legal Entity Identifier
549300IBP6DXCF5BQO88
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Of 689 companies in sector 46216 we hold annual accounts for 476. 247 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formCooperative company
Founded11-08-1999
Fiscal year end31-12
Activities, NACEBEL 2025
46216Wholesale of agricultural produce and animal feed, general range
E-invoicing
Reachable via Peppol
Peppol ID
0208:0466636910
Also
9925:BE0466636910
Registered
28-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.