FERAGRI
ActiveSummary
FERAGRI has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €178,438 and a net result of €217,039. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 39% of 3173 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency47▲+19
Growth71▲+13
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity short (current ratio 0.86 against 0.92 in 2024; short-term debt: 34.3% and cash: 4% of total assets), and 78.3% of the assets are financed with debt.
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Signals
Six 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 · 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
21.7%
Return on assets
26.4%
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
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €178,438
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
21 d early
2023
1 d late
2022
7 d late
2021
12 d late
2020
4 d late
2019
89 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 13 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% 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. Usually files around 2 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€406,791▲ 30.8%
2023 · €311,017
EBIT margin
50.4%▲ 5.0pp
2023 · 45.4%
Net result
€217,039▲ 47.2%
2024 · €147,409
Working capital
-€39,080▼ 68.5%
2024 · -€23,195
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€245,709▼ 19.2%€293,671▲ 19.5%€311,017▲ 5.9%€406,791▲ 30.8%
Operating result€27,024▼ 37.1%€113,348▲ 319%€141,187▲ 24.6%€205,129▲ 45.3%€278,793▲ 35.9%
Net result€23,997within the sector's middle half▼ 41.8%€79,256above the sector's middle half▲ 230%€100,131above the sector's middle half▲ 26.3%€147,409above the sector's middle half▲ 47.2%€217,039above the sector's middle half▲ 47.2%
EBIT margin11.0%▼ 3.1pp38.6%▲ 27.6pp45.4%▲ 6.8pp50.4%▲ 5.0pp
Equity€9,602below the sector's middle half▼ 76.6%€8,859below the sector's middle half▼ 7.7%€8,990below the sector's middle half▲ 1.5%€11,399below the sector's middle half▲ 26.8%€178,438within the sector's middle half▲ 1,465%
Total assets€219,872within the sector's middle half▲ 8.6%€347,803within the sector's middle half▲ 58.2%€363,750within the sector's middle half▲ 4.6%€376,771within the sector's middle half▲ 3.6%€822,242above the sector's middle half▲ 118%
Debt€210,270▲ 30.2%€338,944▲ 61.2%€354,760▲ 4.7%€365,372▲ 3.0%€632,875▲ 73.2%
Working capital€2,880within the sector's middle half-€20,584within the sector's middle half-€14,032within the sector's middle half▲ 31.8%-€23,195within the sector's middle half▼ 65.3%-€39,080within the sector's middle half▼ 68.5%
Solvency4.4%below the sector's middle half▼ 15.9pp2.5%below the sector's middle half▼ 1.8pp2.5%below the sector's middle half▼ 0.1pp3.0%below the sector's middle half▲ 0.6pp21.7%within the sector's middle half▲ 18.7pp
Current ratio1.02within the sector's middle half▲ 0.140.91within the sector's middle half▼ 0.110.95within the sector's middle half▲ 0.040.92within the sector's middle half▼ 0.020.86within the sector's middle half▼ 0.06
Return on assets (ROA)10.9%above the sector's middle half▼ 9.5pp22.8%above the sector's middle half▲ 11.9pp27.5%above the sector's middle half▲ 4.7pp39.1%above the sector's middle half▲ 11.6pp26.4%above the sector's middle half▼ 12.7pp
above
within
below
the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 36% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €822,242
Fixed assets
€578,957 ▲ 512%
Current assets
€243,285 ▼ 13.8%
Equity and liabilities €822,242
Equity
€178,438 ▲ 1,465%
Provisions
€10,929
Debt
€632,875 ▲ 73.2%
Debt's share of the balance-sheet total falls from 97.0% to 77.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€347,930▲
2024 · €228,558
Cash flow
€286,176▲
2024 · €170,838
Debt to equity
3.55▼
2024 · 32.05
ROE
121.6%
Interest coverage
93.22▲
2024 · 92.50
Debt ≤ 1 year
€282,365▼
2024 · €305,372
Debt > 1 year
€350,510▲
2024 · €60,000
Income taxes
€47,092▼
2024 · €55,249
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,609 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.0%
went bankrupt
2.1%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 2,609 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 |
|---|---|---|---|---|---|---|
| Turnover70 | €245,709 | €293,671 | €311,017 | €406,791 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €166,998 | €146,542 | €173,410 | €178,233 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €89,187 | €33,780 | €26,420 | €23,429 | €69,137 | ▲ 195% |
| Gross operating margin9900 | €116,211 | €147,128 | €167,607 | €228,558 | €347,930 | ▲ 52.2% |
| Operating profit (loss)9901 | €27,024 | €113,348 | €141,187 | €205,129 | €278,793 | ▲ 35.9% |
| Financial income75/76B | €5,400 | €2,430 | - | - | €0 | - |
| Recurring financial income75 | €5,400 | €2,430 | - | - | €0 | - |
| Financial charges65/66B | €2,255 | €2,147 | €4,396 | €2,471 | €3,732 | ▲ 51.0% |
| Recurring financial charges65 | €2,255 | €2,147 | €4,396 | €2,471 | €3,732 | ▲ 51.0% |
| Profit (loss) for the period before taxes9903 | €30,170 | €113,632 | €136,791 | €202,658 | €275,060 | ▲ 35.7% |
| Transfer from deferred taxes780 | - | - | - | - | €321 | - |
| Transfer to deferred taxes680 | - | - | - | - | €11,250 | - |
| Income taxes67/77 | €6,173 | €34,375 | €36,660 | €55,249 | €47,092 | ▼ 14.8% |
| Profit (loss) for the period9904 | €23,997 | €79,256 | €100,131 | €147,409 | €217,039 | ▲ 47.2% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €962 | - |
| Transfer to tax-exempt reserves689 | - | - | - | - | €33,750 | - |
| Profit (loss) for the period to be appropriated9905 | €23,997 | €79,256 | €100,131 | €147,409 | €184,250 | ▲ 25.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €219,872 | €347,803 | €363,750 | €376,771 | €822,242 | ▲ 118% |
| Fixed assets21/28 | €66,723 | €144,443 | €118,022 | €94,594 | €578,957 | ▲ 512% |
| Tangible fixed assets22/27 | €66,723 | €144,443 | €118,022 | €94,594 | €578,957 | ▲ 512% |
| Plant, machinery and equipment23 | €50,400 | €141,452 | €118,022 | €94,594 | €578,957 | ▲ 512% |
| Furniture and vehicles24 | €16,323 | €2,991 | - | - | - | - |
| Current assets29/58 | €153,149 | €203,361 | €245,728 | €282,177 | €243,285 | ▼ 13.8% |
| Amounts receivable within one year40/41 | €140,934 | €201,602 | €218,075 | €182,342 | €207,304 | ▲ 13.7% |
| Trade receivables40 | €7,940 | €13,039 | €29,896 | €4,029 | €109,594 | ▲ 2,620% |
| Other amounts receivable41 | €132,994 | €188,563 | €188,179 | €178,313 | €97,710 | ▼ 45.2% |
| Cash at bank and in hand54/58 | €12,215 | €1,270 | €27,282 | €99,504 | €32,646 | ▼ 67.2% |
| Deferred charges and accrued income490/1 | - | €488 | €371 | €331 | €3,335 | ▲ 907% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €219,872 | €347,803 | €363,750 | €376,771 | €822,242 | ▲ 118% |
| Equity10/15 | €9,602 | €8,859 | €8,990 | €11,399 | €178,438 | ▲ 1,465% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | - | - | - | €5,199 | €172,238 | ▲ 3,213% |
| Tax-exempt reserves132 | - | - | - | - | €32,788 | - |
| Distributable reserves133 | - | - | - | €5,199 | €139,449 | ▲ 2,582% |
| Profit (loss) carried forward14 | €3,402 | €2,659 | €2,790 | - | - | - |
| Provisions and deferred taxes16 | - | - | - | - | €10,929 | - |
| Deferred taxes168 | - | - | - | - | €10,929 | - |
| Amounts payable17/49 | €210,270 | €338,944 | €354,760 | €365,372 | €632,875 | ▲ 73.2% |
| Amounts payable after more than one year17 | €60,000 | €115,000 | €95,000 | €60,000 | €350,510 | ▲ 484% |
| Financial debts170/4 | €60,000 | €115,000 | €95,000 | €60,000 | €350,510 | ▲ 484% |
| Amounts payable within one year42/48 | €150,270 | €223,944 | €259,760 | €305,372 | €282,365 | ▼ 7.5% |
| Current portion of amounts payable after more than one year42 | €27,900 | €50,000 | €35,000 | €35,000 | €77,157 | ▲ 120% |
| Trade debts44 | €66,197 | €57,862 | €82,300 | €59,323 | €52,867 | ▼ 10.9% |
| Suppliers440/4 | €66,197 | €57,862 | €82,300 | €59,323 | €52,867 | ▼ 10.9% |
| Taxes, remuneration and social security45 | €6,173 | €36,082 | €36,660 | €55,249 | €102,341 | ▲ 85.2% |
| Taxes450/3 | €6,173 | €36,082 | €36,660 | €55,249 | €102,341 | ▲ 85.2% |
| Other amounts payable47/48 | €50,000 | €80,000 | €105,800 | €155,800 | €50,000 | ▼ 67.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,997 | €79,256 | €100,131 | €147,409 | €217,039 | ▲ 47.2% |
| + Depreciation and write-downs630 | €89,187 | €33,780 | €26,420 | €23,429 | €69,137 | ▲ 195% |
| Operating cash flow (approximation) | €113,184 | €113,037 | €126,551 | €170,838 | €286,176 | ▲ 67.5% |
| Investment in fixed assets (approximation) | - | -€111,500 | €1 | -€1 | -€553,500 | ▼ 70,063,191% |
| Change in cash | - | -€10,945 | €26,012 | €72,222 | -€66,858 | ▼ 193% |
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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €217,039 ▲47.2%
Operating result €278,793, net result €217,039, both a record.
31-12
Financial
Equity above €150,000Eq €178,438 ▲1,465%
8 profitable years in a row build equity to €178,438.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2022
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Les Bons Villers · 1 establishment unit since 2014
Ground area
1.1 ha
Building footprint
957 m²
Volume, LiDAR
829 m³
2 parcels, Wallonia · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FERAGRI
since 20142.231.683.849
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92253D0559/00S000 | Wallonia | 1.0 ha | 1 · 797 m² | - |
| 52046B0523/00V000 | Wallonia | 954 m² | 1 · 160 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- M.L. AGRI
- FERAGRI
Highest known parent: M.L. AGRI. The sources do not say who stands above it.
Owners 1
- M.L. AGRIparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGembloux2.231.683.849
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Of 223 companies in this sector we hold annual accounts for 34. 26 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded20-06-2014
Fiscal year end31-12
Activities, NACEBEL 2025
01199Crop and animal production, hunting and related service activities
Contact
E-mail
bruno.dewulf@dewulfagro.beGembloux
Phone
081/600.699Gembloux
Fax
081/611.785Gembloux
E-invoicing
Reachable via Peppol
Peppol ID
0208:0553968681
Also
9925:BE0553968681
Registered
06-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.