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COMAGRI

Active
Cooperative companyfounded 199531 yrs activeRue de la Montagne,Framont 8, 6853 Paliseul, BelgiumKBO/BCE: BE 0454.335.231
Summary

COMAGRI has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€74,283) and a net result of -€1,408. Its solvency ranks better than 13% of 3158 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2025
44 / 100
Weak
Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▲+3
Solvency14▲+2
Growth58
Track record100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.08 against 0.13 in 2024; short-term debt: 75.3% and cash: 6.1% of total assets), and equity is negative.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 31 years 0 40 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-10.7%
Return on assets
-0.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2425
2024 to 2025 · latest year -€74,283
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 2 filings
Deviation from the deadline
2025
25 d late
2024
27 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 26 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.
Companies Code · seven months
Position in the running window
28-09-2026 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 30 January 1995, COMAGRI was incorporated.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

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

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Financials · fiscal year 2025, micro schema

Equity
-€74,283▼ 1.9%
2024 · -€72,875
Total assets
€695,051▲ 25.4%
2024 · €554,422
Net result
-€1,408▲ 91.8%
2024 · -€17,199
Working capital
-€480,221▲ 4.0%
2024 · -€500,246
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
Line20242025
Operating result-€16,379-€2,352
Net result-€17,199below the sector's middle half--€1,408within the sector's middle half▲ 91.8%
Equity-€72,875below the sector's middle half--€74,283below the sector's middle half▼ 1.9%
Total assets€554,422within the sector's middle half-€695,051within the sector's middle half▲ 25.4%
Debt€627,297-€769,334▲ 22.6%
Working capital-€500,246--€480,221▲ 4.0%
Solvency-13.1%below the sector's middle half--10.7%below the sector's middle half▲ 2.5pp
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
-€20,000-€15,000-€10,000-€5,000€0Operating result 2024: -€16,379-€16,379Net result 2024: -€17,199-€17,199Operating result 2025: €2,352€2,352Net result 2025: -€1,408-€1,40820242025-€20,000-€15,000-€10,000-€5,000€0Operating result 2024: -€16,379-€16,400Net result 2024: -€17,199-€17,200Operating result 2025: €2,352€2,350Net result 2025: -€1,408-€1,41020242025
The operating result returns to profit in 2025: €2,352 after a loss of €16,379 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €695,051
Fixed assets €651,887 ▲ 36.2%
Current assets €43,164 ▼ 42.9%
Key figures and ratios
2025 value · change against 2024
EBITDA
€81,395▲
2024 · €46,805
Cash flow
€77,635▲
2024 · €45,985
Current ratio
0.08▼
2024 · 0.13
Debt to equity
-10.36▼
2024 · -8.61
ROA
-0.2%▲
2024 · -3.1%
Interest coverage
21.65▼
2024 · 57.08
Debt ≤ 1 year
€523,385▼
2024 · €575,869
Debt > 1 year
€245,949▲
2024 · €51,428
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,242 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 93% are still going.

  • Small
  • 20 years or older
  • negative equity
  • a small loss
1.6% went bankrupt
3.8% 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: < 0.1% 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%.

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% 1.7%
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 1,242 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 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€554,422€695,051▲
Fixed assets21/28€478,799€651,887▲
Tangible fixed assets22/27€478,799€651,887▲
Plant, machinery and equipment23€235,565€196,810▼
Furniture and vehicles24€243,234€455,077▲
Current assets29/58€75,623€43,164▼
Amounts receivable within one year40/41€61,506€898▼
Trade receivables40€26,632-
Other amounts receivable41€34,874€898▼
Cash at bank and in hand54/58€14,117€42,266▲
Equity and liabilities
Total equity and liabilities10/49€554,422€695,051▲
Equity10/15-€72,875-€74,283▼
Contributions10/11€7,500€7,500=
Reserves13€1,487€1,487=
Non-distributable reserves130/1€1,487€1,487=
Reserves not available under the articles1311€1,487€1,487=
Profit (loss) carried forward14-€81,862-€83,270▼
Amounts payable17/49€627,297€769,334▲
Amounts payable after more than one year17€51,428€245,949▲
Financial debts170/4€51,428€245,949▲
Amounts payable within one year42/48€575,869€523,385▼
Current portion of amounts payable after more than one year42€8,571€45,717▲
Trade debts44€216,114€35,153▼
Suppliers440/4€216,114€35,153▼
Other amounts payable47/48€351,184€442,515▲
Income statement Code20242025
Goods, raw materials, services and sundry goods60/61€99,500€101,855▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€63,184€79,043▲
Other operating charges640/8€36,008€448▼
Gross operating margin9900€82,813€81,843▼
Operating profit (loss)9901-€16,379€2,352▲
Financial charges65/66B€820€3,760▲
Recurring financial charges65€820€3,760▲
Profit (loss) for the period before taxes9903-€17,199-€1,408▲
Profit (loss) for the period9904-€17,199-€1,408▲
Profit (loss) for the period to be appropriated9905-€17,199-€1,408▲
Appropriation of the result
Profit (loss) to be appropriated9906-€81,862-€83,270▼
Profit (loss) brought forward from the previous period14P-€64,663-€81,862▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Goods, raw materials, services and sundry goods60/61€99,500€101,855▲ 2.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€63,184€79,043▲ 25.1%
Other operating charges640/8€36,008€448▼ 98.8%
Gross operating margin9900€82,813€81,843▼ 1.2%
Operating profit (loss)9901-€16,379€2,352▲ 114%
Financial charges65/66B€820€3,760▲ 359%
Recurring financial charges65€820€3,760▲ 359%
Profit (loss) for the period before taxes9903-€17,199-€1,408▲ 91.8%
Profit (loss) for the period9904-€17,199-€1,408▲ 91.8%
Profit (loss) for the period to be appropriated9905-€17,199-€1,408▲ 91.8%
Line20242025Change
Assets
Total assets20/58€554,422€695,051▲ 25.4%
Fixed assets21/28€478,799€651,887▲ 36.2%
Tangible fixed assets22/27€478,799€651,887▲ 36.2%
Plant, machinery and equipment23€235,565€196,810▼ 16.5%
Furniture and vehicles24€243,234€455,077▲ 87.1%
Current assets29/58€75,623€43,164▼ 42.9%
Amounts receivable within one year40/41€61,506€898▼ 98.5%
Trade receivables40€26,632--
Other amounts receivable41€34,874€898▼ 97.4%
Cash at bank and in hand54/58€14,117€42,266▲ 199%
Equity and liabilities
Total equity and liabilities10/49€554,422€695,051▲ 25.4%
Equity10/15-€72,875-€74,283▼ 1.9%
Contributions10/11€7,500€7,500=
Reserves13€1,487€1,487=
Non-distributable reserves130/1€1,487€1,487=
Reserves not available under the articles1311€1,487€1,487=
Profit (loss) carried forward14-€81,862-€83,270▼ 1.7%
Amounts payable17/49€627,297€769,334▲ 22.6%
Amounts payable after more than one year17€51,428€245,949▲ 378%
Financial debts170/4€51,428€245,949▲ 378%
Amounts payable within one year42/48€575,869€523,385▼ 9.1%
Current portion of amounts payable after more than one year42€8,571€45,717▲ 433%
Trade debts44€216,114€35,153▼ 83.7%
Suppliers440/4€216,114€35,153▼ 83.7%
Other amounts payable47/48€351,184€442,515▲ 26.0%
Line20242025Change
Profit (loss) for the period9904-€17,199-€1,408▲ 91.8%
+ Depreciation and write-downs630€63,184€79,043▲ 25.1%
Operating cash flow (approximation)€45,985€77,635▲ 68.8%
Investment in fixed assets (approximation)--€252,131-
Change in cash-€28,149-

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
25-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
27-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
NBB filing
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.

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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, Paliseul · 1 establishment unit since 1995
seat establishment The establishment unit on the map
Ground area
1,680 m²
Building footprint
772 m²
Volume, LiDAR
970 m³
2 parcels, Wallonia · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue Emile-Gardez, Carlsbourg 22, 6850 Paliseul
Air transport
since 19952.070.179.740
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
84020A0748/00E000 Wallonia 1,118 m² 1 · 183 m² 7.8 m · 2 fl.
84012D0263/00C000 Wallonia 562 m² 1 · 589 m² -
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.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 4,676 companies in sector 01610 we hold annual accounts for 1,369. See the whole sector

Identification & contact

Identification
Legal formCooperative company
Founded30-01-1995
Fiscal year end31-12
Activities, NACEBEL 2025
01610Support activities for crop production
E-invoicing
Reachable via Peppol
Peppol ID 0208:0454335231
Registered 13-11-2025

Register as of 27 September 2026 · Peppol Directory

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