DECAGRI
ActiveSummary
DECAGRI has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €631,573 and a net result of €18,085. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 84% of 10519 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▼-10
Solvency98▼-2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 3.29 against 11.99 in 2024; short-term debt: 27.1% and cash: 21.2% of total assets), and 27.2% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
72.8%
Return on assets
2.1%
Age of the figures
9 mo
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
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
14 d early
2023
13 d early
2022
16 d late
2021
31 d late
2020
31 d late
2019
26 d late
← 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 8 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€631,573▼ 23.4%
2024 · €824,731
Total assets
€866,973▼ 2.3%
2024 · €887,701
Net result
€18,085▼ 79.8%
2024 · €89,418
Working capital
€538,513▼ 22.2%
2024 · €692,051
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Line20212022202320242025
Operating result€328,398▲ 6.8%€178,379▼ 45.7%€152,901▼ 14.3%€94,595▼ 38.1%€20,713▼ 78.1%
Net result€235,242above the sector's middle half▲ 11.4%€131,323above the sector's middle half▼ 44.2%€116,318within the sector's middle half▼ 11.4%€89,418within the sector's middle half▼ 23.1%€18,085within the sector's middle half▼ 79.8%
Equity€644,887above the sector's middle half▲ 31.4%€698,759above the sector's middle half▲ 8.4%€757,054above the sector's middle half▲ 8.3%€824,731above the sector's middle half▲ 8.9%€631,573above the sector's middle half▼ 23.4%
Total assets€903,980within the sector's middle half▲ 35.1%€944,413within the sector's middle half▲ 4.5%€861,681within the sector's middle half▼ 8.8%€887,701within the sector's middle half▲ 3.0%€866,973within the sector's middle half▼ 2.3%
Debt€259,093▲ 45.1%€245,654▼ 5.2%€104,627▼ 57.4%€62,970▼ 39.8%€235,400▲ 274%
Working capital€636,619above the sector's middle half▲ 32.3%€539,931above the sector's middle half▼ 15.2%€584,911above the sector's middle half▲ 8.3%€692,051above the sector's middle half▲ 18.3%€538,513above the sector's middle half▼ 22.2%
Solvency71.3%above the sector's middle half▼ 2.0pp74.0%above the sector's middle half▲ 2.7pp87.9%above the sector's middle half▲ 13.9pp92.9%above the sector's middle half▲ 5.0pp72.8%above the sector's middle half▼ 20.1pp
Current ratio3.46above the sector's middle half▼ 0.243.20above the sector's middle half▼ 0.266.59above the sector's middle half▲ 3.3911.99above the sector's middle half▲ 5.403.29above the sector's middle half▼ 8.70
Return on assets (ROA)26.0%above the sector's middle half▼ 5.5pp13.9%above the sector's middle half▼ 12.1pp13.5%above the sector's middle half▼ 0.4pp10.1%within the sector's middle half▼ 3.4pp2.1%within the sector's middle half▼ 8.0pp
Staff (FTE)0below the sector's middle half0below the sector's middle half0below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 78% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €866,973
Fixed assets
€93,308 ▼ 29.7%
Current assets
€773,665 ▲ 2.5%
Equity and liabilities €866,973
Equity
€631,573 ▼ 23.4%
Debt
€235,400 ▲ 274%
Debt's share of the balance-sheet total rises from 7.1% to 27.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€60,085▼
2024 · €134,058
Cash flow
€57,457▼
2024 · €128,881
Debt to equity
0.37▲
2024 · 0.08
ROE
2.9%▼
2024 · 10.8%
Interest coverage
149.31▼
2024 · 1628.50
Debt ≤ 1 year
€235,152▲
2024 · €62,970
Income taxes
€7,090▼
2024 · €28,992
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,045 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.3%
went bankrupt
3.6%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,662 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% | 1.7% |
| 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 6,045 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €3,360 | €0 | €41,800 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,256 | €3,113 | €32,937 | €39,463 | €39,372 | ▼ 0.2% |
| Other operating charges640/8 | €1,292 | €911 | €1,747 | €1,810 | €4,574 | ▲ 153% |
| Non-recurring operating charges66A | €0 | - | - | - | - | - |
| Gross operating margin9900 | €330,946 | €182,403 | €187,585 | €135,868 | €64,659 | ▼ 52.4% |
| Operating profit (loss)9901 | €328,398 | €178,379 | €152,901 | €94,595 | €20,713 | ▼ 78.1% |
| Financial income75/76B | €2,819 | €6,861 | €9,389 | €23,897 | €4,864 | ▼ 79.6% |
| Recurring financial income75 | €2,819 | €6,861 | €2,201 | €23,897 | €4,864 | ▼ 79.6% |
| Non-recurring financial income76B | - | - | €7,188 | €0 | - | - |
| Financial charges65/66B | €53 | €63 | €66 | €82 | €402 | ▲ 389% |
| Recurring financial charges65 | €53 | €63 | €66 | €82 | €402 | ▲ 389% |
| Profit (loss) for the period before taxes9903 | €331,164 | €185,177 | €162,224 | €118,410 | €25,175 | ▼ 78.7% |
| Income taxes67/77 | €95,922 | €53,854 | €45,906 | €28,992 | €7,090 | ▼ 75.5% |
| Profit (loss) for the period9904 | €235,242 | €131,323 | €116,318 | €89,418 | €18,085 | ▼ 79.8% |
| Profit (loss) for the period to be appropriated9905 | €235,242 | €131,323 | €116,318 | €89,418 | €18,085 | ▼ 79.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €903,980 | €944,413 | €861,681 | €887,701 | €866,973 | ▼ 2.3% |
| Fixed assets21/28 | €8,268 | €158,828 | €172,143 | €132,680 | €93,308 | ▼ 29.7% |
| Intangible fixed assets21 | €1 | €1 | €1 | €1 | €1 | = |
| Tangible fixed assets22/27 | €8,267 | €158,827 | €172,142 | €132,679 | €93,307 | ▼ 29.7% |
| Furniture and vehicles24 | €488 | €137,725 | €150,489 | €113,916 | €77,433 | ▼ 32.0% |
| Other tangible fixed assets26 | €7,780 | €21,102 | €21,653 | €18,764 | €15,874 | ▼ 15.4% |
| Current assets29/58 | €895,712 | €785,585 | €689,538 | €755,020 | €773,665 | ▲ 2.5% |
| Amounts receivable within one year40/41 | €306,202 | €286,453 | €126,313 | €189,881 | €116,801 | ▼ 38.5% |
| Trade receivables40 | €306,202 | €225,206 | €100,646 | €157,401 | €67,669 | ▼ 57.0% |
| Other amounts receivable41 | €0 | €61,247 | €25,667 | €32,480 | €49,133 | ▲ 51.3% |
| Current investments50/53 | €204,118 | €209,435 | €144,583 | €212,502 | €465,328 | ▲ 119% |
| Cash at bank and in hand54/58 | €385,391 | €289,697 | €415,187 | €344,092 | €183,890 | ▼ 46.6% |
| Deferred charges and accrued income490/1 | - | - | €3,456 | €8,546 | €7,646 | ▼ 10.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €903,980 | €944,413 | €861,681 | €887,701 | €866,973 | ▼ 2.3% |
| Equity10/15 | €644,887 | €698,759 | €757,054 | €824,731 | €631,573 | ▼ 23.4% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €638,687 | €692,559 | €750,854 | €818,531 | €625,373 | ▼ 23.6% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | €636,827 | €690,699 | €750,854 | €818,531 | €625,373 | ▼ 23.6% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €259,093 | €245,654 | €104,627 | €62,970 | €235,400 | ▲ 274% |
| Amounts payable within one year42/48 | €259,093 | €245,654 | €104,627 | €62,970 | €235,152 | ▲ 273% |
| Trade debts44 | €133,539 | €158,890 | €38,330 | €30,661 | €12,013 | ▼ 60.8% |
| Suppliers440/4 | €133,539 | €158,890 | €38,330 | €30,661 | €12,013 | ▼ 60.8% |
| Taxes, remuneration and social security45 | €38,161 | €1,926 | €1,833 | €1,730 | €1,664 | ▼ 3.8% |
| Taxes450/3 | €38,161 | €1,926 | €1,833 | €1,730 | €1,664 | ▼ 3.8% |
| Other amounts payable47/48 | €87,394 | €84,838 | €64,464 | €30,579 | €221,475 | ▲ 624% |
| Accrued charges and deferred income492/3 | - | - | - | - | €248 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €235,242 | €131,323 | €116,318 | €89,418 | €18,085 | ▼ 79.8% |
| + Depreciation and write-downs630 | €1,256 | €3,113 | €32,937 | €39,463 | €39,372 | ▼ 0.2% |
| Operating cash flow (approximation) | €236,498 | €134,436 | €149,255 | €128,881 | €57,457 | ▼ 55.4% |
| Investment in fixed assets (approximation) | - | -€153,672 | -€46,252 | €0 | €0 | - |
| Change in cash | - | -€95,695 | €125,490 | -€71,095 | -€160,202 | ▼ 125% |
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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €18,085 ▼79.8%
Net result drops to €18,085, the lowest in the series.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity doublescurrent ratio 6.59
Current ratio from 3.20 to 6.59; short-term debt falls from €245,654 to €104,627.
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 16 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €235,242 ▲11.4%
Operating result €328,398, net result €235,242, both a record.
31-12
Financial
Equity above €500,000Eq €644,887 ▲31.4%
4 profitable years in a row build equity to €644,887.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 26 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Ledegem · 1 establishment unit since 2011
Ground area
1,433 m²
Building footprint
300 m²
Volume, LiDAR
1,515 m³
Parcel 36010C0409/00C000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
DECAGRI
since 20112.198.090.175
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36010C0409/00C000 | Flanders | 1,433 m² | 1 · 300 m² | 8.9 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 siteLedegem2.198.090.175
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Of 3,390 companies in sector 47761 we hold annual accounts for 1,156. 783 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
Founded29-12-2010
Fiscal year end31-12
Activities, NACEBEL 2025
47761Retail sale of flowers, plants, seeds and fertilisers
46852Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0832325227
Registered
12-06-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.