LAGRI
ActiveSummary
LAGRI has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €717k and a net result of €46k. Equity is growing by ~20.6% per year across the filed fiscal years. Its solvency ranks better than 19% of 1747 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability42▼-37
Solvency42▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity short (current ratio 0.88 against 0.89 in 2024; short-term debt: 35.7% and cash: 0.6% of total assets), and 83.5% of the assets are financed with debt.
Credit check 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 · 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 · 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 · 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
16.5%
Return on assets
1.1%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 1747 sector peers (2025).
NBB · sector comparisonPosition among 1747 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
on the day
2022
3 d late
2021
2 d early
2020
45 d late
2019
20 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€717k▲ 6.8%
2024 · €671k
2019: €104k
2020: €-21k▼ -120% vs 2019lowest in 7 years
2021: €498k▲ +2456% vs 2020
2022: €497k▼ -0.2% vs 2021
2023: €320k▼ -35.6% vs 2022
2024: €671k▲ +110% vs 2023
2025: €717k▲ +6.8% vs 2024highest in 7 years
2019 → 2025
Total assets
€4.33M▲ 22.3%
2024 · €3.54M
2019: €351klowest in 7 years
2020: €401k▲ +14.2% vs 2019
2021: €3.38M▲ +744% vs 2020
2022: €3.49M▲ +3.1% vs 2021
2023: €3.61M▲ +3.5% vs 2022
2024: €3.54M▼ -1.8% vs 2023
2025: €4.33M▲ +22.3% vs 2024highest in 7 years
2019 → 2025
Net result
€46k▼ 87.0%
2024 · €351k
2019: €-31k
2020: €-125k▼ -303% vs 2019
2021: €69k▲ +155% vs 2020
2022: €-817▼ -101% vs 2021
2023: €-177k▼ -21569% vs 2022lowest in 7 years
2024: €351k▲ +298% vs 2023highest in 7 years
2025: €46k▼ -87.0% vs 2024
2019 → 2025
Working capital
€-188k▼ 43.2%
2024 · €-132k
2019: €139k
2020: €30k▼ -78.4% vs 2019
2021: €142k▲ +374% vs 2020highest in 7 years
2022: €-59k▼ -141% vs 2021
2023: €-409k▼ -594% vs 2022lowest in 7 years
2024: €-132k▲ +67.8% vs 2023
2025: €-188k▼ -43.2% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€498k-€497k▼ 0.2%€320k▼ 35.6%€671k▲ 110%€717k▲ 6.8%
2021: €498k
2022: €497k▼ -0.2% vs 2021
2023: €320k▼ -35.6% vs 2022lowest in 5 years
2024: €671k▲ +110% vs 2023
2025: €717k▲ +6.8% vs 2024highest in 5 years
Operating result€91k-€32k▼ 64.5%€-125k€461k€186k▼ 59.7%
2021: €91k
2022: €32k▼ -64.5% vs 2021
2023: €-125k▼ -488% vs 2022lowest in 5 years
2024: €461k▲ +468% vs 2023highest in 5 years
2025: €186k▼ -59.7% vs 2024
Net result€69k-€-817€-177k▼ 21,569%€351k€46k▼ 87.0%
2021: €69k
2022: €-817▼ -101% vs 2021
2023: €-177k▼ -21569% vs 2022lowest in 5 years
2024: €351k▲ +298% vs 2023highest in 5 years
2025: €46k▼ -87.0% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 60% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.33M
Fixed assets
€2.97M ▲ 19.0%
Current assets
€1.36M ▲ 30.6%
Equity and liabilities €4.33M
Equity
€717k ▲ 6.8%
Debt
€3.62M ▲ 25.9%
Debt's share of the balance-sheet total rises from 81.1% to 83.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€369k▼
2024 · €636k
Cash flow
€229k▼
2024 · €526k
Current ratio
0.88▼
2024 · 0.89
Quick ratio
0.32▲
2024 · 0.17
Debt to equity
5.04▲
2024 · 4.28
ROE
6.4%▼
2024 · 52.3%
ROA
1.1%▼
2024 · 9.9%
Interest coverage
2.68▼
2024 · 5.78
Debt ≤ 1 year
€1.55M▲
2024 · €1.17M
Debt > 1 year
€2.07M▲
2024 · €1.70M
Income taxes
€3k▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.54M€4.33M▲
Formation expenses20€4k€576▼
Fixed assets21/28€2.50M€2.97M▲
Intangible fixed assets21€24k€19k▼
Tangible fixed assets22/27€2.47M€2.95M▲
Land and buildings22€2.19M€2.06M▼
Plant, machinery and equipment23€263k€249k▼
Other tangible fixed assets26€25k€19k▼
Assets under construction and advance payments27-€625k
Current assets29/58€1.04M€1.36M▲
Stocks and contracts in progress3€846k€862k▲
Stocks30/36€846k€862k▲
Amounts receivable within one year40/41€185k€451k▲
Trade receivables40€0€58k▲
Other amounts receivable41€185k€393k▲
Cash at bank and in hand54/58€4k€24k▲
Deferred charges and accrued income490/1€6k€22k▲
Equity and liabilities
Total equity and liabilities10/49€3.54M€4.33M▲
Equity10/15€671k€717k▲
Contributions10/11€545k€545k=
Revaluation surpluses12€33k€33k=
Reserves13€93k€139k▲
Distributable reserves133€93k€139k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€2.87M€3.62M▲
Amounts payable after more than one year17€1.70M€2.07M▲
Financial debts170/4€1.70M€2.07M▲
Amounts payable within one year42/48€1.17M€1.55M▲
Current portion of amounts payable after more than one year42€185k€202k▲
Financial debts43€380k€380k=
Credit institutions430/8€380k€380k=
Trade debts44€419k€644k▲
Suppliers440/4€419k€644k▲
Taxes, remuneration and social security45€3€3k▲
Taxes450/3€3€3k▲
Other amounts payable47/48€188k€319k▲
Accrued charges and deferred income492/3€4k€0▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€175k€183k▲
Other operating charges640/8€11k€13k▲
Gross operating margin9900€647k€382k▼
Operating profit (loss)9901€461k€186k▼
Financial income75/76B€403€445▲
Recurring financial income75€403€445▲
Financial charges65/66B€110k€138k▲
Recurring financial charges65€110k€138k▲
Profit (loss) for the period before taxes9903€351k€48k▼
Income taxes67/77€0€3k▲
Profit (loss) for the period9904€351k€46k▼
Profit (loss) for the period to be appropriated9905€351k€46k▼
Appropriation of the result
Profit (loss) to be appropriated9906€71k€46k▼
Profit (loss) brought forward from the previous period14P€-280k€0▲
Transfer to equity691/2€71k€46k▼
To other reserves6921€71k€46k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €6k | €0 | - | - |
| Remuneration, social security and pensions62 | - | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14k | €102k | €165k | €175k | €183k | ▲ 4.8% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €-73k | €0 | - | - | - |
| Other operating charges640/8 | - | €5k | €8k | €11k | €13k | ▲ 14.6% |
| Gross operating margin9900 | €111k | €67k | €48k | €647k | €382k | ▼ 41.0% |
| Operating profit (loss)9901 | €91k | €32k | €-125k | €461k | €186k | ▼ 59.7% |
| Financial income75/76B | - | €1k | €4k | €403 | €445 | ▲ 10.2% |
| Recurring financial income75 | €3k | €1k | €4k | €403 | €445 | ▲ 10.2% |
| Financial charges65/66B | - | €34k | €41k | €110k | €138k | ▲ 25.1% |
| Recurring financial charges65 | €24k | €34k | €41k | €110k | €138k | ▲ 25.1% |
| Profit (loss) for the period before taxes9903 | €69k | €-817 | €-162k | €351k | €48k | ▼ 86.2% |
| Income taxes67/77 | - | - | €15k | €0 | €3k | - |
| Profit (loss) for the period9904 | €69k | €-817 | €-177k | €351k | €46k | ▼ 87.0% |
| Profit (loss) for the period to be appropriated9905 | €69k | €-817 | €-177k | €351k | €46k | ▼ 87.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.38M | €3.49M | €3.61M | €3.54M | €4.33M | ▲ 22.3% |
| Formation expenses20 | €15k | €11k | €8k | €4k | €576 | ▼ 85.9% |
| Fixed assets21/28 | €2.33M | €2.75M | €2.60M | €2.50M | €2.97M | ▲ 19.0% |
| Intangible fixed assets21 | €11k | €0 | - | €24k | €19k | ▼ 22.3% |
| Tangible fixed assets22/27 | €2.32M | €2.75M | €2.60M | €2.47M | €2.95M | ▲ 19.4% |
| Land and buildings22 | - | €2.43M | €2.31M | €2.19M | €2.06M | ▼ 5.7% |
| Plant, machinery and equipment23 | - | €317k | €291k | €263k | €249k | ▼ 5.4% |
| Other tangible fixed assets26 | - | - | - | €25k | €19k | ▼ 23.0% |
| Assets under construction and advance payments27 | - | €0 | - | - | €625k | - |
| Current assets29/58 | €1.04M | €723k | €999k | €1.04M | €1.36M | ▲ 30.6% |
| Stocks and contracts in progress3 | €648k | €473k | €679k | €846k | €862k | ▲ 1.9% |
| Stocks30/36 | - | €473k | €679k | €846k | €862k | ▲ 1.9% |
| Amounts receivable within one year40/41 | €383k | €204k | €229k | €185k | €451k | ▲ 144% |
| Trade receivables40 | - | €100k | €58k | €0 | €58k | - |
| Other amounts receivable41 | - | €104k | €171k | €185k | €393k | ▲ 113% |
| Cash at bank and in hand54/58 | €6k | €42k | €86k | €4k | €24k | ▲ 543% |
| Deferred charges and accrued income490/1 | - | €3k | €4k | €6k | €22k | ▲ 300% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.38M | €3.49M | €3.61M | €3.54M | €4.33M | ▲ 22.3% |
| Equity10/15 | €498k | €497k | €320k | €671k | €717k | ▲ 6.8% |
| Contributions10/11 | - | €545k | €545k | €545k | €545k | = |
| Revaluation surpluses12 | - | €33k | €33k | €33k | €33k | = |
| Reserves13 | €22k | €22k | €22k | €93k | €139k | ▲ 49.2% |
| Distributable reserves133 | - | €22k | €22k | €93k | €139k | ▲ 49.2% |
| Profit (loss) carried forward14 | €-102k | €-103k | €-280k | €0 | - | - |
| Provisions and deferred taxes16 | €73k | €0 | - | - | - | - |
| Provisions for liabilities and charges160/5 | - | €0 | - | - | - | - |
| Other liabilities and charges164/5 | - | €0 | - | - | - | - |
| Amounts payable17/49 | €2.81M | €2.99M | €3.29M | €2.87M | €3.62M | ▲ 25.9% |
| Amounts payable after more than one year17 | €1.91M | €2.21M | €1.88M | €1.70M | €2.07M | ▲ 22.0% |
| Financial debts170/4 | - | €2.21M | €1.88M | €1.70M | €2.07M | ▲ 22.0% |
| Amounts payable within one year42/48 | €897k | €782k | €1.41M | €1.17M | €1.55M | ▲ 32.0% |
| Current portion of amounts payable after more than one year42 | - | €106k | €356k | €185k | €202k | ▲ 9.1% |
| Financial debts43 | - | €380k | €380k | €380k | €380k | = |
| Credit institutions430/8 | - | €380k | €380k | €380k | €380k | = |
| Trade debts44 | €141k | €273k | €622k | €419k | €644k | ▲ 53.7% |
| Suppliers440/4 | - | €273k | €622k | €419k | €644k | ▲ 53.7% |
| Taxes, remuneration and social security45 | - | €2k | €15k | €3 | €3k | ▲ 81,106% |
| Taxes450/3 | - | €2k | €15k | €3 | €3k | ▲ 81,106% |
| Other amounts payable47/48 | - | €22k | €35k | €188k | €319k | ▲ 69.5% |
| Accrued charges and deferred income492/3 | - | - | - | €4k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €69k | €-817 | €-177k | €351k | €46k | ▼ 87.0% |
| + Depreciation and write-downs630 | €14k | €102k | €165k | €175k | €183k | ▲ 4.8% |
| Operating cash flow (approximation) | €83k | €101k | €-12k | €526k | €229k | ▼ 56.4% |
| Investment in fixed assets (approximation) | - | €-527k | €-15k | €-72k | €-659k | ▼ 819% |
| Change in cash | - | €37k | €43k | €-82k | €20k | ▲ 125% |
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
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Back to profitnet €351k
Net result €351k after 2 loss-making years.
31-03
Financial
Equity above €500kEq €671k ▲110%
Equity rises from €320k to €671k.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-177k
Net result drops to €-177k, the lowest in the series; recovery starts the following year.
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 3 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Back to profitnet €69k
Net result €69k after 2 loss-making years.
31-03
Financial
Equity above €200kEq €498k
Equity rises from €-21k to €498k.
2020
15-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 45 days late
2019
11-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2018
18-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
27-09
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.
0 of 10 acts read
About the unread acts
We know of 10 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
10 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, Hoogstraten · 2 establishment units since 2007
Ground area
3.4 ha
Building footprint
6,152 m²
Volume, LiDAR
10,471 m³
2 parcels, Flanders · tallest building 15.2 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
Lagri
since 20072.159.770.821
Lagri
since 20262.390.474.532
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13022B0059/00C000 | Flanders | 1.9 ha | - | - |
| 13022C0769/00B000 | Flanders | 1.5 ha | 1 · 6,152 m² | 15.2 m |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 31,903 EUR awarded · 31,903 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,482 EUR | 1,482 EUR |
| 2024 | 1 | 26,441 EUR | 26,441 EUR |
| 2023 | 1 | 2,866 EUR | 2,866 EUR |
| 2022 | 1 | 1,114 EUR | 1,114 EUR |
Schemes
Niet-productieve investeringssteun land- en tuinbouwers
Brede weersverzekering
Subsidie in het kader van land- en tuinbouwbeleid
Recognitions · licences · registrations
Food safety, FASFC
1 siteHoogstraten2.159.770.821
Similar companies · same sector, comparable size
BOUVARCO
BE 0451.455.222
Ieper · Eq €718k
KUBRO
BE 0534.636.977
Hoogstraten · Eq €715k
Bernaerts
BE 0427.376.753
Essen · Eq €720k
DRIE-KAVEN
BE 0458.993.706
Wingene · Eq €713k
VANSTEENLANDT K.I.
BE 0473.512.725
Poperinge · Eq €723k
Of 902 companies in sector 01461 we hold annual accounts for 295. 241 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-01-2007
Fiscal year end31-03
Activities, NACEBEL 2025
01461Pig breeding farms
01471Crop and animal production, hunting and related service activities
01410Raising of dairy cattle
38210Materials recovery from waste
38320Waste collection, recovery and disposal activities
Scores and ratios are computed by Checked and are not a credit decision.