COST - AGRI
ActiveSummary
COST - AGRI has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.07M and a net result of €31k. Equity is growing by ~7% per year across the filed fiscal years. Its solvency ranks better than 84% of 651 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability71▼-5
Solvency99▲+8
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 2.7 against 2.14 in 2023; short-term debt: 18.3% and cash: 8.6% of total assets), and 25.8% of the assets are financed with debt.
Credit check for your own amount and term
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
74.2%
Return on assets
2.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
36 d early
2022
11 d early
2021
30 d early
2020
46 d early
2019
39 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€31k▼ 66.0%
2023 · €91k
2018: €46k
2019: €70k▲ +53.0% vs 2018
2020: €25k▼ -64.4% vs 2019lowest in 7 years
2021: €69k▲ +179% vs 2020
2022: €134k▲ +93.1% vs 2021highest in 7 years
2023: €91k▼ -31.8% vs 2022
2024: €31k▼ -66.0% vs 2023
2018 → 2024
Working capital
€453k▲ 6.2%
2023 · €426k
2018: €387k
2019: €411k▲ +6.1% vs 2018
2020: €408k▼ -0.6% vs 2019
2021: €411k▲ +0.7% vs 2020
2022: €321k▼ -21.9% vs 2021lowest in 7 years
2023: €426k▲ +32.6% vs 2022
2024: €453k▲ +6.2% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€748k-€817k▲ 9.3%€951k▲ 16.4%€1.04M▲ 9.6%€1.07M▲ 3.0%
2020: €748klowest in 5 years
2021: €817k▲ +9.3% vs 2020
2022: €951k▲ +16.4% vs 2021
2023: €1.04M▲ +9.6% vs 2022
2024: €1.07M▲ +3.0% vs 2023highest in 5 years
Operating result€45k-€114k▲ 153%€159k▲ 39.2%€121k▼ 24.0%€20k▼ 83.7%
2020: €45k
2021: €114k▲ +153% vs 2020
2022: €159k▲ +39.2% vs 2021highest in 5 years
2023: €121k▼ -24.0% vs 2022
2024: €20k▼ -83.7% vs 2023lowest in 5 years
Net result€25k-€69k▲ 179%€134k▲ 93.1%€91k▼ 31.8%€31k▼ 66.0%
2020: €25klowest in 5 years
2021: €69k▲ +179% vs 2020
2022: €134k▲ +93.1% vs 2021highest in 5 years
2023: €91k▼ -31.8% vs 2022
2024: €31k▼ -66.0% vs 2023
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 84% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.45M
Fixed assets
€729k ▼ 6.9%
Current assets
€718k ▼ 10.3%
Equity and liabilities €1.45M
Equity
€1.07M ▲ 3.0%
Provisions
€34k ▼ 20.0%
Debt
€339k ▼ 31.9%
Debt's share of the balance-sheet total falls from 31.5% to 23.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€137k▼
2023 · €231k
Cash flow
€148k▼
2023 · €201k
Current ratio
2.70▲
2023 · 2.14
Quick ratio
1.75▼
2023 · 1.95
Debt to equity
0.32▼
2023 · 0.48
ROE
2.9%▼
2023 · 8.8%
ROA
2.1%▼
2023 · 5.8%
Interest coverage
32.75▼
2023 · 44.05
Debt ≤ 1 year
€266k▼
2023 · €374k
Debt > 1 year
€74k▼
2023 · €124k
Income taxes
€13k▼
2023 · €42k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.58M€1.45M▼
Fixed assets21/28€783k€729k▼
Intangible fixed assets21€179k€134k▼
Tangible fixed assets22/27€549k€540k▼
Land and buildings22€237k€237k=
Plant, machinery and equipment23€16k€65k▲
Furniture and vehicles24€297k€238k▼
Financial fixed assets28€55k€55k=
Current assets29/58€800k€718k▼
Stocks and contracts in progress3€71k€253k▲
Stocks30/36€71k€253k▲
Amounts receivable within one year40/41€462k€340k▼
Trade receivables40€154k€6k▼
Other amounts receivable41€307k€334k▲
Cash at bank and in hand54/58€203k€124k▼
Deferred charges and accrued income490/1€64k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.58M€1.45M▼
Equity10/15€1.04M€1.07M▲
Contributions10/11€62k€62k=
Reserves13€167k€195k▲
Distributable reserves133€167k€195k▲
Profit (loss) carried forward14€813k€816k▲
Provisions and deferred taxes16€43k€34k▼
Provisions for liabilities and charges160/5€43k€34k▼
Pensions and similar obligations160€43k€34k▼
Amounts payable17/49€498k€339k▼
Amounts payable after more than one year17€124k€74k▼
Financial debts170/4€124k€74k▼
Amounts payable within one year42/48€374k€266k▼
Current portion of amounts payable after more than one year42€56k€52k▼
Trade debts44€125k€88k▼
Suppliers440/4€125k€88k▼
Taxes, remuneration and social security45€22k€22k▲
Taxes450/3€22k€22k▲
Other amounts payable47/48€172k€103k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€110k€117k▲
Other operating charges640/8€8k€8k▼
Gross operating margin9900€238k€145k▼
Operating profit (loss)9901€121k€20k▼
Financial income75/76B€17k€28k▲
Recurring financial income75€17k€28k▲
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€133k€44k▼
Income taxes67/77€42k€13k▼
Profit (loss) for the period9904€91k€31k▼
Profit (loss) for the period to be appropriated9905€91k€31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€888k€844k▼
Profit (loss) brought forward from the previous period14P€797k€813k▲
Transfer to equity691/2€75k€28k▼
To other reserves6921€75k€28k▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €88k | €90k | €85k | €110k | €117k | ▲ 7.0% |
| Other operating charges640/8 | - | €8k | €7k | €8k | €8k | ▼ 0.5% |
| Non-recurring operating charges66A | - | €3k | - | - | - | - |
| Gross operating margin9900 | €140k | €215k | €251k | €238k | €145k | ▼ 39.3% |
| Operating profit (loss)9901 | €45k | €114k | €159k | €121k | €20k | ▼ 83.7% |
| Financial income75/76B | - | €1k | €15k | €17k | €28k | ▲ 65.9% |
| Recurring financial income75 | €155 | €1k | €15k | €17k | €28k | ▲ 65.9% |
| Financial charges65/66B | - | €8k | €6k | €5k | €4k | ▼ 20.1% |
| Recurring financial charges65 | €9k | €8k | €6k | €5k | €4k | ▼ 20.1% |
| Profit (loss) for the period before taxes9903 | €36k | €108k | €168k | €133k | €44k | ▼ 66.9% |
| Income taxes67/77 | €11k | €39k | €34k | €42k | €13k | ▼ 69.0% |
| Profit (loss) for the period9904 | €25k | €69k | €134k | €91k | €31k | ▼ 66.0% |
| Profit (loss) for the period to be appropriated9905 | €25k | €69k | €134k | €91k | €31k | ▼ 66.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.24M | €1.45M | €1.62M | €1.58M | €1.45M | ▼ 8.6% |
| Fixed assets21/28 | €615k | €645k | €860k | €783k | €729k | ▼ 6.9% |
| Intangible fixed assets21 | €314k | €269k | €224k | €179k | €134k | ▼ 25.0% |
| Tangible fixed assets22/27 | €297k | €321k | €581k | €549k | €540k | ▼ 1.7% |
| Land and buildings22 | - | €237k | €237k | €237k | €237k | = |
| Plant, machinery and equipment23 | - | €46k | €28k | €16k | €65k | ▲ 311% |
| Furniture and vehicles24 | - | €38k | €317k | €297k | €238k | ▼ 19.8% |
| Financial fixed assets28 | €3k | €55k | €55k | €55k | €55k | = |
| Current assets29/58 | €627k | €806k | €765k | €800k | €718k | ▼ 10.3% |
| Stocks and contracts in progress3 | €111k | €46k | €44k | €71k | €253k | ▲ 254% |
| Stocks30/36 | - | €46k | €44k | €71k | €253k | ▲ 254% |
| Amounts receivable within one year40/41 | €104k | €390k | €500k | €462k | €340k | ▼ 26.4% |
| Trade receivables40 | - | €149k | €256k | €154k | €6k | ▼ 95.9% |
| Other amounts receivable41 | - | €242k | €245k | €307k | €334k | ▲ 8.6% |
| Cash at bank and in hand54/58 | €412k | €283k | €216k | €203k | €124k | ▼ 39.1% |
| Deferred charges and accrued income490/1 | - | €86k | €4k | €64k | €2k | ▼ 97.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.24M | €1.45M | €1.62M | €1.58M | €1.45M | ▼ 8.6% |
| Equity10/15 | €748k | €817k | €951k | €1.04M | €1.07M | ▲ 3.0% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | - | - | - | - |
| Issued capital100 | - | €62k | - | - | - | - |
| Reserves13 | €27k | €42k | €92k | €167k | €195k | ▲ 16.7% |
| Non-distributable reserves130/1 | - | €12k | €12k | - | - | - |
| Legal reserve130 | - | €12k | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €12k | - | - | - |
| Distributable reserves133 | - | €30k | €80k | €167k | €195k | ▲ 16.7% |
| Profit (loss) carried forward14 | €659k | €713k | €797k | €813k | €816k | ▲ 0.4% |
| Provisions and deferred taxes16 | - | - | €51k | €43k | €34k | ▼ 20.0% |
| Provisions for liabilities and charges160/5 | - | - | €51k | €43k | €34k | ▼ 20.0% |
| Pensions and similar obligations160 | - | - | €51k | €43k | €34k | ▼ 20.0% |
| Amounts payable17/49 | €493k | €633k | €622k | €498k | €339k | ▼ 31.9% |
| Amounts payable after more than one year17 | €275k | €239k | €178k | €124k | €74k | ▼ 40.5% |
| Financial debts170/4 | - | €239k | €178k | €124k | €74k | ▼ 40.5% |
| Amounts payable within one year42/48 | €218k | €394k | €443k | €374k | €266k | ▼ 29.0% |
| Current portion of amounts payable after more than one year42 | - | €62k | €79k | €56k | €52k | ▼ 7.4% |
| Trade debts44 | €79k | €129k | €156k | €125k | €88k | ▼ 29.5% |
| Suppliers440/4 | - | €129k | €156k | €125k | €88k | ▼ 29.5% |
| Taxes, remuneration and social security45 | - | €32k | €41k | €22k | €22k | ▲ 4.1% |
| Taxes450/3 | - | €32k | €41k | €22k | €22k | ▲ 4.1% |
| Other amounts payable47/48 | - | €171k | €167k | €172k | €103k | ▼ 39.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25k | €69k | €134k | €91k | €31k | ▼ 66.0% |
| + Depreciation and write-downs630 | €88k | €90k | €85k | €110k | €117k | ▲ 7.0% |
| Operating cash flow (approximation) | €113k | €159k | €218k | €201k | €148k | ▼ 26.1% |
| Investment in fixed assets (approximation) | - | €-120k | €-300k | €-33k | €-63k | ▼ 89.7% |
| Change in cash | - | €-129k | €-67k | €-13k | €-80k | ▼ 515% |
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
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €1MEq €1.04M ▲9.6%
6 profitable years in a row build equity to €1.04M.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €134k ▲93.1%
Operating result €159k, net result €134k, both a record.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €25k ▼64.4%
Net result drops to €25k, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
23-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Neupré · 1 establishment unit since 1992
Ground area
3,146 m²
Building footprint
350 m²
Volume, LiDAR
2,566 m³
Parcel 61344B0042/00D000, Wallonia · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ferme de la Costerie(E) 1, 4120 Neupré
since 19922.058.647.232
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61344B0042/00D000 | Wallonia | 3,146 m² | 1 · 350 m² | 9.9 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteNeupré2.058.647.232
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Of 5,168 companies in sector 01110 we hold annual accounts for 613. 415 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
Founded10-07-1992
Fiscal year end31-12
Activities, NACEBEL 2025
01110Growing of cereals (except rice), leguminous crops and oil seeds
01191Growing of flowers
01610Support activities for crop production
02100Forestry and logging
02200Logging
Scores and ratios are computed by Checked and are not a credit decision.