Glob-Agro
ActiveGlob-Agro has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €308.51M and a net result of €1.02M. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 95% of 1199 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability38▼-10
Solvency100=
Growth68▼-17
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 3.82 against 3.92 in 2023; short-term debt: 1.6% and cash: 0% of total assets), and 1.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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 2024Solvency, return and age of the figures
Solvency
98.1%
Return on assets
0.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
33 d early
2022
31 d early
2021
25 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€400k▼ 86.3%
2023 · €2.92M
2021: €83k
2022: €400k
2023: €2.92M
2021 → 2024
EBIT margin
25.8%▼ 68.7pp
2023 · 94.5%
2021: -88.7%
2022: 26.0%
2023: 94.5%
2021 → 2024
Net result
€1.02M▼ 92.2%
2023 · €13.07M
2021: €6.80M
2022: €3.04M
2023: €13.07M
2021 → 2024
Working capital
€14.24M▼ 19.2%
2023 · €17.63M
2021: €9.40M
2022: €10.31M
2023: €17.63M
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Turnover€83k-€400k▲ 380%€2.92M▲ 629%€400k▼ 86.3%
Equity€297.38M-€300.42M▲ 1.0%€307.49M▲ 2.4%€308.51M▲ 0.3%
Operating result€-74k-€104k€2.76M▲ 2,551%€103k▼ 96.3%
Net result€6.80M-€3.04M▼ 55.3%€13.07M▲ 330%€1.02M▼ 92.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 96% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €314.45M
Fixed assets
€295.16M=
Current assets
€19.29M▼ 18.5%
Equity and liabilities €314.45M
Equity
€308.51M▲ 0.3%
Debt
€5.93M▼ 47.6%
The debt ratio falls from 3.6% to 1.9%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
98.1%▲
2023 · 96.4%
Current ratio
3.82▼
2023 · 3.92
Quick ratio
3.82▼
2023 · 3.92
Debt / equity
0.02▼
2023 · 0.04
ROE
0.3%▼
2023 · 4.2%
ROA
0.3%▼
2023 · 4.1%
Debt
€5.93M▼
2023 · €11.33M
Debt ≤ 1 year
€5.04M▼
2023 · €6.03M
Income taxes
€222k▲
2023 · €11k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€318.82M€314.45M▼
Fixed assets21/28€295.16M€295.16M=
Financial fixed assets28€295.16M€295.16M=
Affiliated companies280/1€295.16M€295.16M=
Participating interests280€295.16M€295.16M=
Current assets29/58€23.66M€19.29M▼
Amounts receivable after more than one year29€6.12M€8.00M▲
Other amounts receivable291€6.12M€8.00M▲
Amounts receivable within one year40/41€476k€818k▲
Other amounts receivable41€476k€818k▲
Current investments50/53€16.60M€10.44M▼
Other investments51/53€16.60M€10.44M▼
Cash at bank and in hand54/58€23k€29k▲
Deferred charges and accrued income490/1€439k€266▼
Equity and liabilities
Total equity and liabilities10/49€318.82M€314.45M▼
Equity10/15€307.49M€308.51M▲
Contributions10/11€290.58M€290.58M=
Profit (loss) carried forward14€16.91M€17.94M▲
Amounts payable17/49€11.33M€5.93M▼
Amounts payable after more than one year17€4.95M-
Financial debts170/4€4.95M-
Other loans174€4.95M-
Amounts payable within one year42/48€6.03M€5.04M▼
Current portion of amounts payable after more than one year42-€4.95M
Trade debts44€29k€89k▲
Suppliers440/4€29k€89k▲
Other amounts payable47/48€6.00M-
Accrued charges and deferred income492/3€341k€886k▲
Income statement
Code20232024
Operating income70/76A€2.92M€401k▼
Turnover70€2.92M€400k▼
Other operating income74-€646
Operating charges60/66A€159k€297k▲
Services and other goods61€158k€296k▲
Other operating charges640/8€1k€1k▲
Operating profit (loss)9901€2.76M€103k▼
Financial income75/76B€10.75M€1.23M▼
Recurring financial income75€10.75M€1.23M▼
Income from financial fixed assets750€10.07M€361k▼
Income from current assets751€688k€861k▲
Other financial income752/9-€5k
Financial charges65/66B€433k€85k▼
Recurring financial charges65€433k€85k▼
Debt charges650€433k€84k▼
Other financial charges652/9€741€507▼
Profit (loss) for the period before taxes9903€13.08M€1.25M▼
Income taxes67/77€11k€222k▲
Taxes670/3€11k€222k▲
Profit (loss) for the period9904€13.07M€1.02M▼
Profit (loss) for the period to be appropriated9905€13.07M€1.02M▼
Appropriation of the result
Profit (loss) to be appropriated9906€22.91M€17.94M▼
Profit (loss) brought forward from the previous period14P€9.84M€16.91M▲
Profit to be distributed694/7€6.00M-
Return on contributions (dividend)694€3.00M-
Directors or managers695€3.00M-
The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
18-08
State Gazette act
General meeting · Demerger
Capital decrease · Accounting effect
04-08
State Gazette act
General meeting · Demerger
Capital decrease · Incorporation
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €1.02M ▼92.2%
Net result drops to €1.02M, the lowest in the series.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2021net €13.07M ▲330%
Operating result €2.76M, net result €13.07M, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.92
Current ratio from 1.95 to 3.92; short-term debt falls from €10.83M to €6.03M.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Sint-Truiden · 1 establishment unit since 2020
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.
Lichtenberglaan 20193800 Sint-TruidenGround area
2.5 ha
Building footprint
9,811 m²
Parcel 71353E0506/00M002, Flanders. Linked by address, not a title deed.
1 establishment unit
Glob-Agro
since 20202.301.721.017
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71353E0506/00M002 | Flanders | 2.5 ha | 1 · 9,811 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,503 companies in sector 82990 we hold annual accounts for 9,402. 77 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-04-2020
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.