HUMAGRO
ActiveThe computed 12-month bankruptcy probability of HUMAGRO is 2.2% (moderate). The 2025 annual accounts show equity of €479k and a net result of €-52k. Its solvency ranks better than 40% of 7318 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
Axes · tick = 2024
Profitability0=
Solvency46▼-22
Growth58
Stability82
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days only on tighter terms
Liquidity short (current ratio 0.67 against 1.34 in 2024), and 65.9% 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.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established 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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2425
2024 to 2025 · latest year -€52k
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 10-07-2026, 21 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
21 d early
2024
29 d early
← 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€479k▼ 9.8%
2024 · €531k
2024: €531k
2024 → 2025
Total assets
€1.41M▲ 2.7%
2024 · €1.37M
2024: €1.37M
2024 → 2025
Net result
€-52k▲ 25.2%
2024 · €-69k
2024: €-69k
2024 → 2025
Working capital
€-48k
2024 · €46k
2024: €46k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€531k-€479k▼ 9.8%
Operating result€-64k-€-42k▲ 33.6%
Net result€-69k-€-52k▲ 25.2%
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 €42k in 2025 against €64k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.40M
Fixed assets
€1.31M▲ 9.9%
Current assets
€100k▼ 44.7%
Equity and liabilities €1.41M
Equity
€479k▼ 9.8%
Debt
€927k▲ 10.6%
The debt ratio rises from 61.2% to 65.9%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€94k▲
2024 · €41k
Cash flow
€84k▲
2024 · €36k
Solvency
34.1%▼
2024 · 38.8%
Current ratio
0.67▼
2024 · 1.34
Quick ratio
0.64▼
2024 · 1.33
Debt / equity
1.94▲
2024 · 1.58
ROE
-10.9%▲
2024 · -13.1%
ROA
-3.7%▲
2024 · -5.1%
Interest coverage
9.04▲
2024 · 5.00
Debt
€927k▲
2024 · €838k
Debt ≤ 1 year
€148k▲
2024 · €134k
Debt > 1 year
€779k▲
2024 · €704k
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€1.37M€1.41M▲
Formation expenses20€904€723▼
Fixed assets21/28€1.19M€1.31M▲
Tangible fixed assets22/27€1.19M€1.31M▲
Land and buildings22€771k€882k▲
Plant, machinery and equipment23€67k€153k▲
Furniture and vehicles24€13k€10k▼
Leasing and similar rights25€337k€260k▼
Current assets29/58€180k€100k▼
Stocks and contracts in progress3€1k€5k▲
Stocks30/36€1k€5k▲
Amounts receivable within one year40/41€18k€33k▲
Trade receivables40€5k€23k▲
Other amounts receivable41€13k€11k▼
Cash at bank and in hand54/58€151k€50k▼
Deferred charges and accrued income490/1€11k€12k▲
Equity and liabilities
Total equity and liabilities10/49€1.37M€1.41M▲
Equity10/15€531k€479k▼
Contributions10/11€600k€600k=
Profit (loss) carried forward14€-69k€-121k▼
Amounts payable17/49€838k€927k▲
Amounts payable after more than one year17€704k€779k▲
Financial debts170/4€704k€779k▲
Amounts payable within one year42/48€134k€148k▲
Current portion of amounts payable after more than one year42€75k€77k▲
Trade debts44€5k€17k▲
Suppliers440/4€5k€17k▲
Other amounts payable47/48€54k€54k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€105k€136k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€43k€97k▲
Operating profit (loss)9901€-64k€-42k▲
Financial income75/76B€3k€843▼
Recurring financial income75€3k€843▼
Financial charges65/66B€8k€10k▲
Recurring financial charges65€8k€10k▲
Profit (loss) for the period before taxes9903€-69k€-52k▲
Profit (loss) for the period9904€-69k€-52k▲
Profit (loss) for the period to be appropriated9905€-69k€-52k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-69k€-121k▼
Profit (loss) brought forward from the previous period14P-€-69k
The notes to these accounts (7 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
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Lendelede · 1 establishment unit 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.
Kwadestraat 48860 LendeledeGround area
3,046 m²
Building footprint
173 m²
Volume, LiDAR
1,049 m³
Parcel 34025C0517/00G000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HUMAGRO
since 20232.352.099.451
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34025C0517/00G000 | Flanders | 3,046 m² | 1 · 173 m² | 9.5 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 174 EUR awarded · 162 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 174 EUR | 162 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,531 companies in sector 41001 we hold annual accounts for 15,868. 9,301 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-11-2023
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.