HOBBY FARM
ActiveHOBBY FARM has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.30M and a net result of €-31k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 95% of 10253 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▼-54
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 14.8 against 10.22 in 2024; short-term debt: 4.5% and cash: 37.2% of total assets), and 6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
Sector 47
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
94%
Return on assets
-2.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
17 d early
2023
12 d early
2022
31 d late
2021
31 d late
2020
69 d late
2019
88 d late
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.30M▼ 2.3%
2024 · €1.33M
2018: €1.26M
2019: €1.28M
2020: €1.30M
2021: €1.32M
2022: €1.33M
2023: €1.33M
2024: €1.33M
2018 → 2025
Total assets
€1.38M▼ 4.9%
2024 · €1.45M
2018: €1.52M
2019: €1.38M
2020: €1.40M
2021: €1.41M
2022: €1.40M
2023: €1.45M
2024: €1.45M
2018 → 2025
Net result
€-31k
2024 · €10k
2018: €7k
2019: €15k
2020: €16k
2021: €24k
2022: €10k
2023: €3k
2024: €10k
2018 → 2025
Working capital
€863k▼ 0.2%
2024 · €865k
2018: €1.02M
2019: €1.03M
2020: €797k
2021: €827k
2022: €856k
2023: €842k
2024: €865k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.32M-€1.33M▲ 0.7%€1.33M▲ 0.3%€1.33M▼ 0.3%€1.30M▼ 2.3%
Operating result€33k-€-22k€2k€15k▲ 685%€-42k
Net result€24k-€10k▼ 60.3%€3k▼ 64.9%€10k▲ 196%€-31k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €42k after €15k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.38M
Fixed assets
€456k▼ 7.7%
Current assets
€926k▼ 3.5%
Equity and liabilities €1.38M
Equity
€1.30M▼ 2.3%
Debt
€83k▼ 33.0%
The debt ratio falls from 8.5% to 6.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-2k▼
2024 · €54k
Cash flow
€9k▼
2024 · €50k
Solvency
94.0%▲
2024 · 91.5%
Current ratio
14.80▲
2024 · 10.22
Quick ratio
10.84▲
2024 · 7.22
Debt / equity
0.06▼
2024 · 0.09
ROE
-2.4%▼
2024 · 0.8%
ROA
-2.2%▼
2024 · 0.7%
Interest coverage
-0.46▼
2024 · 11.75
Debt
€83k▼
2024 · €123k
Debt ≤ 1 year
€63k▼
2024 · €94k
Debt > 1 year
€20k▼
2024 · €30k
Income taxes
€234▼
2024 · €6k
Staff costs
€146k▲
2024 · €130k
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€1.45M€1.38M▼
Fixed assets21/28€494k€456k▼
Tangible fixed assets22/27€494k€456k▼
Land and buildings22€431k€409k▼
Plant, machinery and equipment23€996€2k▲
Furniture and vehicles24€62k€46k▼
Current assets29/58€959k€926k▼
Stocks and contracts in progress3€282k€247k▼
Stocks30/36€282k€247k▼
Amounts receivable within one year40/41€117k€151k▲
Trade receivables40€99k€129k▲
Other amounts receivable41€19k€22k▲
Cash at bank and in hand54/58€548k€514k▼
Deferred charges and accrued income490/1€11k€13k▲
Equity and liabilities
Total equity and liabilities10/49€1.45M€1.38M▼
Equity10/15€1.33M€1.30M▼
Contributions10/11€19k€19k=
Reserves13€62k€62k=
Distributable reserves133€62k€62k=
Profit (loss) carried forward14€1.25M€1.22M▼
Amounts payable17/49€123k€83k▼
Amounts payable after more than one year17€30k€20k▼
Financial debts170/4€30k€20k▼
Amounts payable within one year42/48€94k€63k▼
Current portion of amounts payable after more than one year42€10k€10k▲
Trade debts44€50k€26k▼
Suppliers440/4€50k€26k▼
Taxes, remuneration and social security45€21k€24k▲
Taxes450/3€10k€11k▲
Remuneration and social security454/9€11k€13k▲
Other amounts payable47/48€13k€3k▼
Accrued charges and deferred income492/3-€500
Income statement
Code20242025
Remuneration, social security and pensions62€130k€146k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€40k▲
Other operating charges640/8€8k€8k▲
Gross operating margin9900€191k€152k▼
Operating profit (loss)9901€15k€-42k▼
Financial income75/76B€6k€16k▲
Recurring financial income75€6k€16k▲
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€16k€-30k▼
Income taxes67/77€6k€234▼
Profit (loss) for the period9904€10k€-31k▼
Profit (loss) for the period to be appropriated9905€10k€-31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.26M€1.22M▼
Profit (loss) brought forward from the previous period14P€1.25M€1.25M=
Transfer from equity791/2€14k€0▼
Transfer to equity691/2€10k€0▼
To other reserves6921€10k€0▼
Profit to be distributed694/7€14k€0▼
Return on contributions (dividend)694€14k€0▼
Social balance
Average headcount (FTE)90872.73.0▲
The notes to these accounts (20 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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 24 days late
2025
31-12
Financial
Weakest financial yearnet €-31k ▼404%
Net result drops to €-31k, the lowest in the series.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 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 €24k ▲54.7%
Operating result €33k, net result €24k, both a record.
08-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 69 days late
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 88 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 18.56
Current ratio from 6.04 to 18.56; short-term debt falls from €202k to €59k.
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 56 days late
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB 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, Glabbeek · 1 establishment unit since 1984
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.
Groenstraat 28A3381 GlabbeekGround area
3,137 m²
Building footprint
1,542 m²
Volume, LiDAR
5,026 m³
2 parcels, Flanders · tallest building 6.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Beringersteenweg 6, 3550 Heusden-Zolder
since 19842.024.495.017
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71025A1952/00X003 | Flanders | 2,083 m² | 1 · 1,354 m² | 6.7 m · 1 fl. |
| 24047A0023/00H002 | Flanders | 1,053 m² | 1 · 188 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 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
1 siteHeusden-Zolder2.024.495.017
Similar companies · same sector, comparable size
VANDIJCK AGRARISCH CENTRUM
BE 0448.775.745
Peer · Eq €1.30M
AGRO WAUTERS
BE 0827.935.283
Heers · Eq €1.29M
FLEURS DARDENNE
BE 0440.327.639
Beauraing · Eq €1.32M
BLOEMEN FOURNIER
BE 0426.031.522
Menen · Eq €1.34M
DE TUINVRIEND HDS
BE 0452.435.714
Herk-de-Stad · Eq €1.25M
Of 3,387 companies in sector 47761 we hold annual accounts for 1,157. 610 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-04-1984
Fiscal year end31-12
Activities, NACEBEL
47761Retail sale of flowers, plants, seeds and fertilisers
47762Retail sale of pets, pet food and pet supplies
52483
52496
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.hobbyfarm-glabbeek.be
E-mail:hobbyfarm.heusden@gmail.com