Financials
- Financial year
- 2025
- Turnover
- €168.5m
- Loss
- -€5.0m
- Solvency
- 6.3%
Turnover▼ 3.2%
Net result
20212025
Crop's Cold Store
ActiveSummary
The annual accounts of Crop's Cold Store for financial year 2025 show a net loss of 67% of the equity at the start of that year. The 2025 annual accounts show equity of €2.6m and a net result of -€5.0m. Equity is growing by about 5.5% per year across the filed financial years. Its solvency ranks better than 10% of 6,153 sector peers (NACE 46, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.5% (low).
Overview
Activity
Wholesale of other food products
NACE 46389Warehousing and storage NACE 52100
2nd largest employer in Wielsbeke, Wholesale and retail trade sector1 site
Size
€168.5mturnover 2025
- Staff
- 253.6 FTE
- Equity
- €2.6m
- Loss
- -€5.0m
Structure
- Parent
- Crop's Ready Meals · 100%
- Clep ConsultingDirector · permanent representative Coppens Pieter
- StejaDirector · permanent representative Delbaere Virginie
- JELUHEDirector · permanent representative Delbaere,Pieter
Auditor: EY Bedrijfsrevisoren BV2025 accounts 26 days early4 of 16 deeds summarised
Why 53raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €5.0m (financial year 2025)Liquidity: current ratio 1.01, cash €419,095Equity €2.6m (6.3% of total assets)lowers riskLegal form: public limited companyShow the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 9% of its sector peers (NACE 46, large)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency
31-13
equity 6.3% of total assets
Liquidity
1-8
short-term debt 90.9% · cash 1.0%
Profitability
6-49
return on assets -12.2%
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.6%
12-2024: 0.7%▲ +0.1 percentage points vs 11-2024
01-2025: 0.5%▼ -0.2 percentage points vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
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: 0.5%● unchanged vs 05-2025
07-2025: 0.5%● unchanged vs 06-2025
08-2025: 0.5%● unchanged vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025lowest value
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.6%▲ +0.1 percentage points vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 1.5%▲ +0.9 percentage points vs 01-2026highest value
03-2026: 1.5%● unchanged vs 02-2026highest value
04-2026: 1.5%● unchanged vs 03-2026highest value
05-2026: 1.5%● unchanged vs 04-2026highest value
06-2026: 1.5%● unchanged vs 05-2026highest value
07-2026: 1.5%● unchanged vs 06-2026highest value
08-2026: 1.5%● unchanged vs 07-2026
09-2026: 1.5%● unchanged vs 08-2026
10-2026: 1.5%● unchanged vs 09-2026
Credit of up to €130,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.01, compared with 1.2 in 2024, below the usual 1.5; short-term debt: 90.9% and cash: 1% of total assets), and 93.7% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (NACE 46, large): better than 9% on solvency, 5% on liquidity, 3% on profitability and 17% on growth.
The bankruptcy probability was computed on 30-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 6153 sector peers (2025).
NBB · sector comparisonPosition among 6153 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-01-2026, 26 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
26 days early
2024
42 days early
2023
42 days early
2022
on the day
2021
41 days early
2020
3 days early
2019
on the day
← 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 22 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 21 December (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end30-10-2026 today31-01-2027 deadline
- Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)Appointment: Brecht Deketele (representative) ·…
- Annual accounts filedfinancial year 2025 · full…
- Weakest financial yearnet -€5.0m
Key points
- Caution: From profit to loss in 2025after €491,760 in 2024 -€5.0m View
- Caution: Among the weakest 5% on net resultsector median €112,168 · 6,087 companies -€5.0m View
- Controlled by Crop's Ready Mealsultimately: CROP'S HOLDING 100% View
- Positive: Filed on time since financial year 2019accounts within the deadline every year 7 years View
- Flemish supportawarded from 2022 to 2025 €66,761 View
By topic
Board & ownership
- Board
- 3 members
- Parent
- Crop's Ready Meals · 100%
- Auditor
- EY Bedrijfsrevisoren BV
- Clep ConsultingDirector
- StejaDirector
- JELUHEDirector
Network & group
- Group
- CROP'S HOLDING
- Connected companies
- 6
Timeline
- Events
- 17
- Since
- 2018
- Next accounts
- by 31-01-2027
- 02-04-2025Resignation: SPINOLA (director)
- 02-04-2025Resignation: JULICE (director)
- 20-12-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Wholesale of other food productsNACE 46389
- Founded
- 22-03-2016
- Year ends
- 30-06
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 14
- Annual meeting
- Second Tuesday of December at 12:00
Key facts about Crop's Cold Store
- What is the company number of Crop's Cold Store?
- 0650.660.657. In Belgium the VAT number is the company number with BE in front: BE 0650.660.657.
- Where is Crop's Cold Store based?
- The registered office is at Oostrozebeeksestraat(O) 148, 8710 Wielsbeke.Company details
- What does Crop's Cold Store do?
- According to the KBO register, the main activity is wholesale of other food products (NACE 46389).
- What is the legal form of Crop's Cold Store?
- Public limited company (NV).
- When was Crop's Cold Store founded?
- On 22-03-2016.
- Is Crop's Cold Store still active?
- Yes, Crop's Cold Store is an active enterprise in the KBO register.
- How many employees does Crop's Cold Store have?
- On average 253.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Crop's Cold Store?
- €168.5m in financial year 2025, according to the filed annual accounts.
- Is Crop's Cold Store profitable?
- In financial year 2025, Crop's Cold Store made a loss of €5.0m.
- Where can I find the annual accounts of Crop's Cold Store?
- Crop's Cold Store filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Crop's Cold Store due?
- By 31-01-2027, for financial year 2026.Timeline
Companies related to Crop's Cold Store
Parent and group
- Crop's Ready Meals100%
- CROP'S100%
- CROP'S HOLDING100%
Comparable companies
- G.D.I.Brugge
- LES PRODUITS DU SOLEILTournai
- E. MEEUWISSENPelt
- PULVIVERBastogne
- Laboratoire Densmore BelgiumTournai
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