MAGROFOR
ActiveMAGROFOR has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €366k and a net result of €74k. Equity is growing by ~26.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 11210 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
94
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▲+22
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 25.59; short-term debt: 3.8% and cash: 88.9% of total assets), and 3.8% 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+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
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
96.2%
Return on assets
19.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 20-05-2026, 72 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
72 d early
2024
65 d early
2023
68 d early
2022
89 d early
2021
87 d early
2020
67 d early
2019
66 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€366k▲ 25.3%
2024 · €292k
2018: €75k
2019: €86k
2020: €87k
2021: €100k
2022: €134k
2023: €286k
2024: €292k
2018 → 2025
Total assets
€381k▲ 29.2%
2024 · €295k
2018: €217k
2019: €311k
2020: €244k
2021: €201k
2022: €307k
2023: €327k
2024: €295k
2018 → 2025
Net result
€74k▲ 1,129%
2024 · €6k
2018: €20k
2019: €11k
2020: €832
2021: €13k
2022: €34k
2023: €152k
2024: €6k
2018 → 2025
Working capital
€355k▲ 28.6%
2024 · €276k
2018: €-62k
2019: €-52k
2020: €-73k
2021: €-50k
2022: €-46k
2023: €257k
2024: €276k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€100k-€134k▲ 34.0%€286k▲ 113%€292k▲ 2.1%€366k▲ 25.3%
Operating result€22k-€52k▲ 140%€226k▲ 332%€5k▼ 97.9%€105k▲ 2,131%
Net result€13k-€34k▲ 154%€152k▲ 347%€6k▼ 96.0%€74k▲ 1,129%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 2,131% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €381k
Fixed assets
€11k▼ 31.3%
Current assets
€369k▲ 32.7%
Equity and liabilities €381k
Equity
€366k▲ 25.3%
Debt
€14k▲ 512%
The debt ratio rises from 0.8% to 3.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€113k▲
2024 · €18k
Cash flow
€82k▲
2024 · €19k
Solvency
96.2%▼
2024 · 99.2%
Current ratio
25.59
Quick ratio
25.42
Debt / equity
0.04▲
2024 · 0.01
ROE
20.2%▲
2024 · 2.1%
ROA
19.4%▲
2024 · 2.0%
Interest coverage
914.07▲
2024 · 154.42
Debt
€14k▲
2024 · €2k
Debt ≤ 1 year
€14k▲
2024 · €2k
Income taxes
€35k▲
2024 · €4k
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€295k€381k▲
Fixed assets21/28€16k€11k▼
Tangible fixed assets22/27€16k€11k▼
Furniture and vehicles24€16k€11k▼
Current assets29/58€278k€369k▲
Stocks and contracts in progress3-€2k
Stocks30/36-€2k
Amounts receivable within one year40/41€32k€29k▼
Trade receivables40€19k€26k▲
Other amounts receivable41€13k€2k▼
Cash at bank and in hand54/58€246k€338k▲
Deferred charges and accrued income490/1€517-
Equity and liabilities
Total equity and liabilities10/49€295k€381k▲
Equity10/15€292k€366k▲
Contributions10/11€19k€19k=
Reserves13€206k€280k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€205k€278k▲
Profit (loss) carried forward14€67k€67k=
Amounts payable17/49€2k€14k▲
Amounts payable within one year42/48€2k€14k▲
Trade debts44€1k€7k▲
Suppliers440/4€1k€7k▲
Taxes, remuneration and social security45-€6k
Taxes450/3-€6k
Other amounts payable47/48€1k€1k▲
Income statement
Code20242025
Non-recurring operating income76A€17k€3k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€8k▼
Other operating charges640/8€1k€2k▲
Non-recurring operating charges66A€10k-
Gross operating margin9900€29k€115k▲
Operating profit (loss)9901€5k€105k▲
Financial income75/76B€6k€3k▼
Recurring financial income75€6k€3k▼
Non-recurring financial income76B-€0
Financial charges65/66B€117€124▲
Recurring financial charges65€117€124▲
Profit (loss) for the period before taxes9903€10k€109k▲
Income taxes67/77€4k€35k▲
Profit (loss) for the period9904€6k€74k▲
Profit (loss) for the period to be appropriated9905€6k€74k▲
Appropriation of the result
Profit (loss) to be appropriated9906€73k€141k▲
Profit (loss) brought forward from the previous period14P€67k€67k▲
Transfer to equity691/2€6k€74k▲
To other reserves6921€6k€74k▲
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
20-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 16current ratio 118.06
Current ratio from 7.38 to 118.06; short-term debt falls from €40k to €2k.
24-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €152k ▲347%
Operating result €226k, net result €152k, both a record.
31-12
Financial
Liquidity times 10current ratio 7.38
Current ratio from 0.73 to 7.38; short-term debt falls from €172k to €40k.
31-12
Financial
Equity above €200kEq €286k ▲113%
6 profitable years in a row build equity to €286k.
03-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €100k ▲15.4%
4 profitable years in a row build equity to €100k.
25-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €832 ▼92.3%
Net result drops to €832, the lowest in the series; recovery starts the following year.
26-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
15-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Koksijde · 1 establishment unit since 2011
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.
Guldenzandstraat(Odk) 208670 KoksijdeGround area
3,194 m²
Building footprint
251 m²
Volume, LiDAR
1,333 m³
Parcel 38502E0027/00K000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Magrofor
since 20112.194.641.727
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38502E0027/00K000 | Flanders | 3,194 m² | 1 · 251 m² | 8.9 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.
Similar companies · same sector, comparable size
TIGER
BE 0420.037.120
Lubbeek · Eq €365k
Promsaco Immobilier
BE 0464.848.051
Rendeux · Eq €368k
VANDEROSTYNE
BE 0453.466.288
Sint-Laureins · Eq €368k
MOULIN RENARD
BE 0457.026.683
Soumagne · Eq €369k
AGRO-TUIN
BE 0863.591.790
Oudsbergen · Eq €369k
Of 690 companies in sector 46216 we hold annual accounts for 477. 382 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-06-1994
Fiscal year end31-12
Activities, NACEBEL
46216Wholesale of agricultural produce and animal feed, general range
51210
Sources
Crossroads Bank for EnterprisesNational Bank · 31 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
1 entryPhone:0475/27.40.34