MEFRAKO-AGRI
ActiveMEFRAKO-AGRI has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €83k and a net result of €6k. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 37% of 3121 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▲+30
Solvency45▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.97 against 1.05 in 2024; short-term debt: 75.9% and cash: 26.6% of total assets), and 80.3% 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 · 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
19.7%
Return on assets
1.3%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
on the day
2023
5 d early
2022
3 d early
2021
30 d late
2020
31 d late
2019
28 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€83k▲ 7.4%
2024 · €77k
2018: €46k
2019: €52k
2020: €-25k
2021: €-23k
2022: €-13k
2023: €77k
2024: €77k
2018 → 2025
Total assets
€421k▲ 18.1%
2024 · €356k
2018: €309k
2019: €294k
2020: €128k
2021: €180k
2022: €158k
2023: €185k
2024: €356k
2018 → 2025
Net result
€6k▲ 2,092%
2024 · €259
2018: €8k
2019: €7k
2020: €-77k
2021: €2k
2022: €11k
2023: €90k
2024: €259
2018 → 2025
Working capital
€-10k
2024 · €10k
2018: €11k
2019: €3k
2020: €-81k
2021: €-68k
2022: €-45k
2023: €56k
2024: €10k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-23k-€-13k▲ 45.7%€77k€77k▲ 0.3%€83k▲ 7.4%
Operating result€5k-€14k▲ 194%€108k▲ 672%€4k▼ 96.7%€13k▲ 260%
Net result€2k-€11k▲ 516%€90k▲ 743%€259▼ 99.7%€6k▲ 2,092%
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 260% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €421k
Fixed assets
€111k▼ 14.3%
Current assets
€310k▲ 36.6%
Equity and liabilities €421k
Equity
€83k▲ 7.4%
Debt
€338k▲ 21.1%
The debt ratio rises from 78.3% to 80.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€31k▲
2024 · €4k
Cash flow
€24k▲
2024 · €586
Solvency
19.7%▼
2024 · 21.7%
Current ratio
0.97▼
2024 · 1.05
Quick ratio
0.60▼
2024 · 1.05
Debt / equity
4.08▲
2024 · 3.61
ROE
6.8%▲
2024 · 0.3%
ROA
1.3%▲
2024 · 0.1%
Interest coverage
4.47▲
2024 · 1.16
Debt
€338k▲
2024 · €279k
Debt ≤ 1 year
€319k▲
2024 · €217k
Debt > 1 year
€19k▼
2024 · €62k
Income taxes
€568▲
2024 · €26
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€356k€421k▲
Fixed assets21/28€130k€111k▼
Tangible fixed assets22/27€130k€111k▼
Furniture and vehicles24€130k€111k▼
Current assets29/58€227k€310k▲
Stocks and contracts in progress3-€118k
Stocks30/36-€118k
Amounts receivable within one year40/41€172k€80k▼
Trade receivables40€104k€75k▼
Other amounts receivable41€68k€4k▼
Cash at bank and in hand54/58€55k€112k▲
Equity and liabilities
Total equity and liabilities10/49€356k€421k▲
Equity10/15€77k€83k▲
Contributions10/11€25k€25k=
Reserves13€52k€58k▲
Distributable reserves133€52k€58k▲
Amounts payable17/49€279k€338k▲
Amounts payable after more than one year17€62k€19k▼
Financial debts170/4€62k€19k▼
Amounts payable within one year42/48€217k€319k▲
Current portion of amounts payable after more than one year42€43k€44k▲
Trade debts44€108k€6k▼
Suppliers440/4€108k€6k▼
Taxes, remuneration and social security45€42k€4k▼
Taxes450/3€42k€4k▼
Other amounts payable47/48€24k€266k▲
Income statement
Code20242025
Non-recurring operating income76A€4k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€327€19k▲
Other operating charges640/8€9k€593▼
Gross operating margin9900€13k€32k▲
Operating profit (loss)9901€4k€13k▲
Financial income75/76B€84€492▲
Recurring financial income75€84€492▲
Financial charges65/66B€3k€7k▲
Recurring financial charges65€3k€7k▲
Profit (loss) for the period before taxes9903€285€6k▲
Income taxes67/77€26€568▲
Profit (loss) for the period9904€259€6k▲
Profit (loss) for the period to be appropriated9905€259€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€259€6k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€259€6k▲
To other reserves6921€259€6k▲
The notes to these accounts (6 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €90k ▲743%
Operating result €108k, net result €90k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.52
Current ratio from 0.73 to 1.52; short-term debt falls from €171k to €108k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-77k ▼1284%
Net result drops to €-77k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 18 days late
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, Wingene · 1 establishment unit since 2010
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.
Schaapbrugstraat 38750 WingeneGround area
3,963 m²
Building footprint
213 m²
Volume, LiDAR
1,013 m³
Parcel 37019D0568/00H000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Schaapbrugstraat 3, 8750 Wingene
since 20102.187.996.831
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37019D0568/00H000 | Flanders | 3,963 m² | 1 · 213 m² | 7.5 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteWingene2.187.996.831
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Of 3,625 companies in sector 01130 we hold annual accounts for 789. 464 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-05-2010
Fiscal year end31-12
Abbreviation NL
MEFRAKO
Activities, NACEBEL
01130Growing of vegetables, melons, roots and tubers
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.