FARMVIT
ActiveSummary
FARMVIT has been active since 1960 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.7m and a net result of €563,399. Equity has been shrinking by about 13% per year since 2018. The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 05-10-1960 Normal situation
- Activity
- Growing of cereals (except rice), leguminous crops and oil seeds NACE 01110and 2 others
- Establishment units
- 2.005.699.484 8750 Wingene, since 01-09-1960
- 2.202.737.663 8750 Wingene, since 01-07-2011and 3 others
- Financial year end
- 31 December
- Peppol
- Reachable since 05-01-2026
Board and ownership
- De Brabandere Frederik Luigi Mia JozefManaging director
- De Brabandere Filip Godfried Zulma JozefManaging director
- Verdegem Maria IrmaDirector · since 01-07-2020
- Auditor
- VRC BEDRIJFSREVISOREN
- DEBRATRANS90%· score 672025 annual accounts of DEBRATRANS
- Filip De Brabandereannual accounts 2023
- Frederik De Brabandereannual accounts 2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Turnover
- €3.8m
- ▼ 86.9%
- Profit
- €563,399
- ▼ 10.6%
- Equity
- €2.7m
- ▲ 26.7%
- Total assets
- €3.2m
- ▲ 8.8%
- 2025 accounts filed 33 days after the deadline
Score breakdownraises riskLast filed accounts filed 33 days late; 2 of the last 3 accounts latelowers riskSize: turnover €3.8m, total assets €3.2mFounded in 1960Equity €2.7m (82.8% of total assets)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 (no NACE code, small). It does better than 82% of them on solvency, 71% on liquidity, 94% on profitability and 45% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 12 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Demerger: DE BRABANDERE, WINGENE splits off to FARMVITCompany renamed from DE BRABANDERE, WINGENE to FARMVIT · Capital increase of €38,208.70 to €61,500 · Appointment: VRC bedrijfsrevisoren (statutory auditor)
- · Gazette deed Demerger proposal: DE BRABANDERE, WINGENE splits off to VERSABAN
- · Gazette deed Demerger proposal: DE BRABANDERE, WINGENE splits off to DE BRABANDERE WINGENE (formerly FARMVIT)
Key facts about FARMVIT
- What is the company number of FARMVIT?
- The company number of FARMVIT is 0405.175.928. The VAT number is the same number with BE in front: BE 0405.175.928.
- Where is FARMVIT based?
- The registered office is at Tieltsteenweg 8, 8750 Wingene.Company details
- What is the legal form of FARMVIT?
- The legal form of FARMVIT is Public limited company (NV).
- When was FARMVIT founded?
- FARMVIT was founded on 05-10-1960.
- Is FARMVIT still active?
- Yes, FARMVIT is an active enterprise in the KBO register.
- How many employees does FARMVIT have?
- FARMVIT had an average of 13.3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of FARMVIT?
- The turnover of FARMVIT was €3.8m in financial year 2025, according to the filed annual accounts.
- Is FARMVIT profitable?
- In financial year 2025, FARMVIT made a profit of €563,399.
- Where can I find the annual accounts of FARMVIT?
- FARMVIT filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FARMVIT due?
- FARMVIT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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