Farm For Good
ActiveThe computed 12-month bankruptcy probability of Farm For Good is 2.5% (moderate). The 2025 annual accounts show equity of €2.46M and a net result of €-569k. Its solvency ranks better than 94% of 1525 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
63
/ 100
Healthy▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth78
Stability94
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €150k at 30 days acceptable
Liquidity ample (current ratio 8.03 against 27.61 in 2024), and 11.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← 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
88.4%
Return on assets
-20.4%
Age of the figures
15 mo
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 23-01-2026, 8 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
8 d early
2024
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2.46M▲ 31.2%
2024 · €1.87M
2024: €1.87M
2024 → 2025
Total assets
€2.78M▲ 43.3%
2024 · €1.94M
2024: €1.94M
2024 → 2025
Net result
€-569k▲ 6.3%
2024 · €-607k
2024: €-607k
2024 → 2025
Working capital
€2.27M▲ 27.4%
2024 · €1.78M
2024: €1.78M
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€1.87M-€2.46M▲ 31.2%
Operating result€-598k-€-768k▼ 28.5%
Net result€-607k-€-569k▲ 6.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €768k in 2025 against €598k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.78M
Fixed assets
€187k▲ 104%
Current assets
€2.60M▲ 40.3%
Equity and liabilities €2.78M
Equity
€2.46M▲ 31.2%
Debt
€323k▲ 382%
The debt ratio rises from 3.5% to 11.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€-747k▼
2024 · €-592k
Cash flow
€-548k▲
2024 · €-602k
Solvency
88.4%▼
2024 · 96.5%
Current ratio
8.03▼
2024 · 27.61
Quick ratio
6.92▼
2024 · 26.51
Debt / equity
0.13▲
2024 · 0.04
ROE
-23.1%▲
2024 · -32.4%
ROA
-20.4%▲
2024 · -31.3%
Interest coverage
-32.82▲
2024 · -55.67
Debt
€323k▲
2024 · €67k
Debt ≤ 1 year
€323k▲
2024 · €67k
Income taxes
€803▲
2024 · €360
Staff costs
€258k▲
2024 · €107k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.94M€2.78M▲
Fixed assets21/28€92k€187k▲
Intangible fixed assets21€12k€95k▲
Tangible fixed assets22/27€80k€86k▲
Plant, machinery and equipment23€38k€51k▲
Furniture and vehicles24€42k€35k▼
Financial fixed assets28€332€6k▲
Current assets29/58€1.85M€2.60M▲
Stocks and contracts in progress3€73k€358k▲
Stocks30/36€73k€358k▲
Amounts receivable within one year40/41€186k€1.32M▲
Trade receivables40€156k€276k▲
Other amounts receivable41€30k€1.04M▲
Current investments50/53€948k€0▼
Cash at bank and in hand54/58€613k€887k▲
Deferred charges and accrued income490/1€30k€30k=
Equity and liabilities
Total equity and liabilities10/49€1.94M€2.78M▲
Equity10/15€1.87M€2.46M▲
Contributions10/11€2.48M€2.92M▲
Profit (loss) carried forward14€-607k€-1.18M▼
Investment grants15-€711k
Amounts payable17/49€67k€323k▲
Amounts payable within one year42/48€67k€323k▲
Trade debts44€58k€151k▲
Suppliers440/4€58k€151k▲
Taxes, remuneration and social security45€9k€58k▲
Taxes450/3€169€6k▲
Remuneration and social security454/9€9k€53k▲
Other amounts payable47/48€220€114k▲
Income statement
Code20242025
Remuneration, social security and pensions62€107k€258k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€21k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€-483k€-486k▼
Operating profit (loss)9901€-598k€-768k▼
Financial income75/76B€2k€223k▲
Recurring financial income75€2k€223k▲
Financial charges65/66B€11k€23k▲
Recurring financial charges65€11k€23k▲
Profit (loss) for the period before taxes9903€-607k€-568k▲
Income taxes67/77€360€803▲
Profit (loss) for the period9904€-607k€-569k▲
Profit (loss) for the period to be appropriated9905€-607k€-569k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-607k€-1.18M▼
Profit (loss) brought forward from the previous period14P-€-607k
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
State Gazette act
Registered officeBoard meeting · Registered-office move2 facts ▸
State Gazette act
Registered office
Board meeting · Registered-office move2 facts ▸
- Board meeting, 2026-06-24
- Registered-office move, Emeville (F), 11 A - 5370 Havelange
23-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Equity above €2MEq €2.46M ▲31.2%
Equity rises from €1.87M to €2.46M.
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
14-11-2025
Resigned as Director
Location & real-estate footprint
Registered office, Havelange · 9 establishment units since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Emeville(F) 115370 HavelangeGround area
4.4 ha
Building footprint
6,940 m²
Volume, LiDAR
6,106 m³
10 parcels, Flanders, Wallonia · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
9 establishment units
Farm For Good SC
since 20232.348.309.622
FARM FOR GOOD - LEMBEEK
since 20242.366.502.169
FARM FOR GOOD - GRACE-HOLLOGNE
since 20242.366.502.268
FARM FOR GOOD - JAUCHELETTE
since 20252.375.764.481
FARM FOR GOOD - COUTHUIN
since 20252.375.764.580
FARM FOR GOOD - REBECQ
since 20252.376.302.238
Show 3 more locations
FARM FOR GOOD - ANHEE
since 20252.376.302.139
FARM FORD GOOD - BUVRINNES
since 20252.377.188.601
FARM FOR GOOD
since 20262.391.230.934
10 parcels
Flanders
1
(10%)
Wallonia
9
(90%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23043B0242/00F000 | Flanders | 2.3 ha | 1 · 3,661 m² | 0.2 m |
| 25047B0347/00D000 | Wallonia | 4,885 m² | 1 · 222 m² | 10.5 m · 2 fl. |
| 56014B0073/00C000 | Wallonia | 3,730 m² | 1 · 1,028 m² | - |
| 91005C0045/00E000 | Wallonia | 3,447 m² | 1 · 274 m² | 9.1 m · 2 fl. |
| 91048B0083/00M003 | Wallonia | 2,356 m² | 1 · 121 m² | - |
| 25007A0268/00K000 | Wallonia | 2,068 m² | 1 · 93 m² | 10.3 m · 3 fl. |
| 93074E0323/00G000 | Wallonia | 1,974 m² | 1 · 145 m² | 10.1 m · 2 fl. |
| 91048B0063/00E000 | Wallonia | 1,502 m² | 1 · 1,084 m² | - |
| 61015B0575/00C000 | Wallonia | 1,026 m² | 1 · 121 m² | 11.7 m · 3 fl. |
| 62454B1011/00G000 | Wallonia | 185 m² | 1 · 192 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 9
10 of 10 parcels 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
7 sitesHavelange2.348.309.622
Halle2.366.502.169
Jodoigne2.375.764.481
Anhée2.376.302.139
Show 3 more sites
Grâce-Hollogne2.366.502.268
Héron2.375.764.580
Mettet2.391.230.934
Similar companies · same sector, comparable size
VAN DER JEUGT
BE 0422.168.942
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GALLINIS
BE 0677.520.254
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Vanderpoorten
BE 0426.527.509
Lochristi · Eq €2.53M
BRUGS SLACHTHUIS
BE 0462.556.277
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ANZCO FOODS EU
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Of 595 companies in sector 10111 we hold annual accounts for 327. 140 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formCooperative company
Founded13-07-2023
Fiscal year end30-06
Activities, NACEBEL
10111Manufacture of food products
46211Wholesale trade
01610Support activities for crop production
10610Manufacture of food products
46212Wholesale trade
46216Wholesale of agricultural produce and animal feed, general range
46389Wholesale of other food products
47279Other retail sale of food
47299Retail trade
52100Warehousing and storage
70200Business and other management consultancy
70220Business consulting
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:christophe@farmforgood.org
Phone:+32484952965