HUSAGRO
ActiveHUSAGRO has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.32M and a net result of €589k. Equity is growing by ~26.7% per year across the filed fiscal years. Its solvency ranks better than 73% of 1727 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-2
Solvency90▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €460k at 30 days acceptable
Liquidity ample (current ratio 4.01 against 4.04 in 2024; short-term debt: 11.7% and cash: 23.4% of total assets), and 34.8% 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○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
Sector 01
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 2025Solvency, return and age of the figures
Solvency
65.2%
Return on assets
7.2%
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
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
28 d early
2023
30 d early
2022
35 d early
2021
41 d early
2020
40 d early
2019
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€5.32M▲ 5.7%
2024 · €5.03M
2018: €1.14M
2019: €1.75M
2020: €1.91M
2021: €2.44M
2022: €3.26M
2023: €4.43M
2024: €5.03M
2018 → 2025
Total assets
€8.16M▼ 0.7%
2024 · €8.22M
2018: €7.71M
2019: €8.03M
2020: €7.66M
2021: €8.65M
2022: €8.85M
2023: €8.91M
2024: €8.22M
2018 → 2025
Net result
€589k▼ 21.1%
2024 · €746k
2018: €303k
2019: €601k
2020: €226k
2021: €651k
2022: €880k
2023: €1.16M
2024: €746k
2018 → 2025
Working capital
€2.88M▲ 11.6%
2024 · €2.58M
2018: €534k
2019: €1.01M
2020: €741k
2021: €1.41M
2022: €1.82M
2023: €2.31M
2024: €2.58M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.44M-€3.26M▲ 33.6%€4.43M▲ 35.7%€5.03M▲ 13.7%€5.32M▲ 5.7%
Operating result€1.00M-€1.34M▲ 33.5%€1.76M▲ 31.8%€1.17M▼ 33.7%€830k▼ 29.1%
Net result€651k-€880k▲ 35.1%€1.16M▲ 32.2%€746k▼ 35.9%€589k▼ 21.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 29% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.16M
Fixed assets
€4.33M▼ 9.8%
Current assets
€3.83M▲ 11.9%
Equity and liabilities €8.16M
Equity
€5.32M▲ 5.7%
Debt
€2.84M▼ 11.0%
The debt ratio falls from 38.8% to 34.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.44M▼
2024 · €1.91M
Cash flow
€1.19M▼
2024 · €1.49M
Solvency
65.2%▲
2024 · 61.2%
Current ratio
4.01▼
2024 · 4.04
Quick ratio
3.87▲
2024 · 3.81
Debt / equity
0.53▼
2024 · 0.63
ROE
11.1%▼
2024 · 14.8%
ROA
7.2%▼
2024 · 9.1%
Interest coverage
22.54▼
2024 · 26.86
Debt
€2.84M▼
2024 · €3.19M
Debt ≤ 1 year
€956k▲
2024 · €846k
Debt > 1 year
€1.74M▼
2024 · €2.08M
Income taxes
€239k▼
2024 · €358k
Staff costs
€517k▼
2024 · €556k
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€8.22M€8.16M▼
Fixed assets21/28€4.80M€4.33M▼
Tangible fixed assets22/27€4.78M€4.31M▼
Land and buildings22€3.69M€3.47M▼
Plant, machinery and equipment23€900k€687k▼
Furniture and vehicles24€139k€118k▼
Leasing and similar rights25€44k€32k▼
Financial fixed assets28€24k€26k▲
Current assets29/58€3.42M€3.83M▲
Stocks and contracts in progress3€201k€135k▼
Stocks30/36€201k€135k▼
Amounts receivable within one year40/41€485k€525k▲
Trade receivables40€350k€227k▼
Other amounts receivable41€135k€298k▲
Current investments50/53€990k€1.24M▲
Cash at bank and in hand54/58€1.48M€1.91M▲
Deferred charges and accrued income490/1€270k€22k▼
Equity and liabilities
Total equity and liabilities10/49€8.22M€8.16M▼
Equity10/15€5.03M€5.32M▲
Contributions10/11€99k€99k=
Reserves13€4.01M€4.30M▲
Non-distributable reserves130/1€10k€10k=
Reserves not available under the articles1311€10k€10k=
Tax-exempt reserves132€189k€379k▲
Distributable reserves133€3.81M€3.91M▲
Profit (loss) carried forward14€926k€926k=
Amounts payable17/49€3.19M€2.84M▼
Amounts payable after more than one year17€2.08M€1.74M▼
Financial debts170/4€2.08M€1.74M▼
Amounts payable within one year42/48€846k€956k▲
Current portion of amounts payable after more than one year42€482k€340k▼
Trade debts44€209k€225k▲
Suppliers440/4€209k€225k▲
Taxes, remuneration and social security45€122k€86k▼
Taxes450/3€105k€86k▼
Remuneration and social security454/9€17k€0▼
Other amounts payable47/48€34k€305k▲
Accrued charges and deferred income492/3€263k€143k▼
Income statement
Code20242025
Remuneration, social security and pensions62€556k€517k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€741k€605k▼
Other operating charges640/8€38k€38k▲
Gross operating margin9900€2.50M€1.99M▼
Operating profit (loss)9901€1.17M€830k▼
Financial income75/76B€5k€62k▲
Recurring financial income75€5k€62k▲
Financial charges65/66B€71k€64k▼
Recurring financial charges65€71k€64k▼
Profit (loss) for the period before taxes9903€1.10M€828k▼
Income taxes67/77€358k€239k▼
Profit (loss) for the period9904€746k€589k▼
Transfer from tax-exempt reserves789€63k€0▼
Transfer to tax-exempt reserves689€84k€189k▲
Profit (loss) for the period to be appropriated9905€725k€399k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.65M€1.33M▼
Profit (loss) brought forward from the previous period14P€926k€926k=
Transfer from equity791/2€139k€300k▲
Transfer to equity691/2€725k€399k▼
To other reserves6921€725k€399k▼
Profit to be distributed694/7€139k€300k▲
Return on contributions (dividend)694€139k€300k▲
Social balance
Average headcount (FTE)908714.213.7▼
The notes to these accounts (17 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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €5MEq €5.03M ▲13.7%
7 profitable years in a row build equity to €5.03M.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €1.16M ▲32.2%
Operating result €1.76M, net result €1.16M, both a record.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €2MEq €2.44M ▲27.8%
4 profitable years in a row build equity to €2.44M.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €226k ▼62.5%
Net result drops to €226k, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-06
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
4 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, Langemark-Poelkapelle · 1 establishment unit since 2002
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.
Diksmuidestraat 6 A8920 Langemark-PoelkapelleGround area
6,810 m²
Building footprint
271 m²
Volume, LiDAR
1,379 m³
Parcel 33014H0130/00R000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HUSAGRO
since 20022.115.454.390
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33014H0130/00R000 | Flanders | 6,810 m² | 1 · 270 m² | 8.6 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
2023 to 2025 · 2 entries · 6,513 EUR awarded · 6,513 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 513 EUR | 513 EUR |
| 2023 | 1 | 6,000 EUR | 6,000 EUR |
Schemes
Investeringssteun voor land- en tuinbouwers
Recognitions · licences · registrations
Food safety, FASFC
1 siteLangemark-Poelkapelle2.115.454.390
Similar companies · same sector, comparable size
GEMAPA
BE 0475.152.322
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DEN BOTERHOEK
BE 0558.959.629
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DENYS CARROTS
BE 0448.993.501
Tielt · Eq €5.26M
MEER FRESH PRODUCTS
BE 0885.954.646
Hoogstraten · Eq €5.26M
Dielis
BE 0714.968.786
Merksplas · Eq €5.26M
Of 3,625 companies in sector 01130 we hold annual accounts for 789. 378 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-11-2002
Fiscal year end31-12
Activities, NACEBEL
01121
01130Growing of vegetables, melons, roots and tubers
47210Retail sale of fruit and vegetables
82920Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.