MESTAGRI
ActiveSummary
MESTAGRI has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €707,368 and a net result of €21,760. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 93% of 79 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability72▼-1
Solvency100=
Growth47=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days acceptable
Liquidity ample (current ratio 18.06 against 23.88 in 2025; short-term debt: 3.9% and cash: 22.3% of total assets), and 3.9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 2026Solvency, return and age of the figures
Solvency
96.1%
Return on assets
3%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 12-08-2026, 80 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
80 d early
2025
100 d early
2024
104 d early
2023
46 d early
2022
73 d early
2021
100 d early
2020
9 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 73 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 12 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-03-2027 close31-10-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2026, full schema
In the rankings
#6 company by equity in Leuze-en-Hainaut, Agriculture, forestry and fishing sector#6 oldest company in Leuze-en-Hainaut, Agriculture, forestry and fishing sector
Turnover
€198,059▲ 13.0%
2021 · €175,264
EBIT margin
12.1%▲ 3.2pp
2021 · 8.9%
Net result
€21,760▼ 4.9%
2025 · €22,876
Working capital
€494,193▲ 17.5%
2025 · €420,447
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Turnover€198,059▲ 13.0%
Operating result€23,882▲ 53.0%€28,346▲ 18.7%€16,439▼ 42.0%€17,149▲ 4.3%€20,032▲ 16.8%
Net result€24,608within the sector's middle half▲ 58.5%€28,230within the sector's middle half▲ 14.7%€22,117within the sector's middle half▼ 21.7%€22,876within the sector's middle half▲ 3.4%€21,760▼ 4.9%
EBIT margin12.1%▲ 3.2pp
Equity€663,385within the sector's middle half▲ 1.2%€691,615within the sector's middle half▲ 4.3%€696,732within the sector's middle half▲ 0.7%€702,608within the sector's middle half▲ 0.8%€707,368▲ 0.7%
Total assets€687,874below the sector's middle half▼ 9.0%€911,554within the sector's middle half▲ 32.5%€710,971below the sector's middle half▼ 22.0%€720,983below the sector's middle half▲ 1.4%€736,341▲ 2.1%
Debt€24,489▼ 75.6%€219,939▲ 798%€14,239▼ 93.5%€18,375▲ 29.0%€28,973▲ 57.7%
Working capital€477,271above the sector's middle half▼ 3.1%€322,472within the sector's middle half▼ 32.4%€369,345within the sector's middle half▲ 14.5%€420,447within the sector's middle half▲ 13.8%€494,193▲ 17.5%
Solvency96.4%above the sector's middle half▲ 9.7pp75.9%above the sector's middle half▼ 20.6pp98.0%above the sector's middle half▲ 22.1pp97.5%above the sector's middle half▼ 0.5pp96.1%▼ 1.4pp
Current ratio20.49above the sector's middle half▲ 14.592.47above the sector's middle half▼ 18.0226.94above the sector's middle half▲ 24.4723.88above the sector's middle half▼ 3.0618.06▼ 5.82
Return on assets (ROA)3.6%within the sector's middle half▲ 1.5pp3.1%within the sector's middle half▼ 0.5pp3.1%within the sector's middle half=3.2%within the sector's middle half▲ 0.1pp3.0%▼ 0.2pp
above
within
below
the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2024 the operating result has climbed two years in a row; 2026 is 17% above 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €736,341
Fixed assets
€213,175 ▼ 24.4%
Current assets
€523,166 ▲ 19.2%
Equity and liabilities €736,341
Equity
€707,368 ▲ 0.7%
Debt
€28,973 ▲ 57.7%
Debt's share of the balance-sheet total rises from 2.5% to 3.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€89,018▲
2025 · €84,876
Cash flow
€90,746▲
2025 · €90,603
Quick ratio
17.05▼
2025 · 22.58
Debt to equity
0.04▲
2025 · 0.03
ROE
3.1%▼
2025 · 3.3%
Interest coverage
1369.51▼
2025 · 1515.64
Debt ≤ 1 year
€28,973▲
2025 · €18,375
Income taxes
€1,812▲
2025 · €1,556
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,732 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €198,059 | - | - | - | - | - |
| Non-recurring operating income76A | €1,000 | €379 | €16,000 | €9,030 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €117,465 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €57,239 | €60,782 | €78,369 | €67,727 | €68,986 | ▲ 1.9% |
| Other operating charges640/8 | €473 | €650 | €708 | €826 | €1,449 | ▲ 75.4% |
| Gross operating margin9900 | €81,594 | €89,778 | €95,516 | €85,702 | €90,467 | ▲ 5.6% |
| Operating profit (loss)9901 | €23,882 | €28,346 | €16,439 | €17,149 | €20,032 | ▲ 16.8% |
| Financial income75/76B | €767 | €1 | €5,726 | €7,339 | €3,605 | ▼ 50.9% |
| Recurring financial income75 | €767 | €1 | €5,726 | €7,339 | €3,605 | ▼ 50.9% |
| Financial charges65/66B | €41 | €117 | €48 | €56 | €65 | ▲ 16.1% |
| Recurring financial charges65 | €41 | €117 | €48 | €56 | €65 | ▲ 16.1% |
| Profit (loss) for the period before taxes9903 | €24,608 | €28,230 | €22,117 | €24,432 | €23,572 | ▼ 3.5% |
| Income taxes67/77 | - | - | - | €1,556 | €1,812 | ▲ 16.5% |
| Profit (loss) for the period9904 | €24,608 | €28,230 | €22,117 | €22,876 | €21,760 | ▼ 4.9% |
| Profit (loss) for the period to be appropriated9905 | €24,608 | €28,230 | €22,117 | €22,876 | €21,760 | ▼ 4.9% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €687,874 | €911,554 | €710,971 | €720,983 | €736,341 | ▲ 2.1% |
| Fixed assets21/28 | €186,114 | €369,143 | €327,387 | €282,161 | €213,175 | ▼ 24.4% |
| Tangible fixed assets22/27 | €186,114 | €369,143 | €327,387 | €282,161 | €213,175 | ▼ 24.4% |
| Plant, machinery and equipment23 | €85,262 | €288,631 | €241,428 | €220,271 | €173,985 | ▼ 21.0% |
| Furniture and vehicles24 | €89,250 | €70,540 | €51,842 | €33,144 | €14,446 | ▼ 56.4% |
| Other tangible fixed assets26 | €11,602 | €9,972 | €34,117 | €28,746 | €24,744 | ▼ 13.9% |
| Current assets29/58 | €501,760 | €542,411 | €383,584 | €438,822 | €523,166 | ▲ 19.2% |
| Stocks and contracts in progress3 | - | €40,000 | €35,000 | €24,000 | €29,248 | ▲ 21.9% |
| Stocks30/36 | - | €40,000 | €35,000 | €24,000 | €29,248 | ▲ 21.9% |
| Amounts receivable within one year40/41 | €35,012 | €14,254 | €23,226 | €49,993 | €29,994 | ▼ 40.0% |
| Trade receivables40 | €10,767 | €10,561 | €17,835 | €40,554 | €22,019 | ▼ 45.7% |
| Other amounts receivable41 | €24,245 | €3,693 | €5,391 | €9,439 | €7,975 | ▼ 15.5% |
| Current investments50/53 | - | €150,000 | €225,000 | €300,000 | €300,000 | = |
| Cash at bank and in hand54/58 | €464,384 | €336,001 | €97,998 | €62,866 | €163,924 | ▲ 161% |
| Deferred charges and accrued income490/1 | €2,364 | €2,156 | €2,360 | €1,963 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €687,874 | €911,554 | €710,971 | €720,983 | €736,341 | ▲ 2.1% |
| Equity10/15 | €663,385 | €691,615 | €696,732 | €702,608 | €707,368 | ▲ 0.7% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €601,385 | €629,615 | €634,732 | €634,732 | €634,732 | = |
| Non-distributable reserves130/1 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Distributable reserves133 | €595,185 | €623,415 | €628,532 | €628,532 | €628,532 | = |
| Profit (loss) carried forward14 | - | - | - | €5,876 | €10,636 | ▲ 81.0% |
| Amounts payable17/49 | €24,489 | €219,939 | €14,239 | €18,375 | €28,973 | ▲ 57.7% |
| Amounts payable within one year42/48 | €24,489 | €219,939 | €14,239 | €18,375 | €28,973 | ▲ 57.7% |
| Trade debts44 | €23,689 | €215,873 | €7,163 | €1,261 | €9,709 | ▲ 670% |
| Suppliers440/4 | €23,689 | €215,873 | €7,163 | €1,261 | €9,709 | ▲ 670% |
| Taxes, remuneration and social security45 | €800 | €800 | €1,600 | €800 | €800 | = |
| Taxes450/3 | €800 | €800 | €1,600 | €800 | €800 | = |
| Other amounts payable47/48 | - | €3,266 | €5,476 | €16,314 | €18,464 | ▲ 13.2% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,608 | €28,230 | €22,117 | €22,876 | €21,760 | ▼ 4.9% |
| + Depreciation and write-downs630 | €57,239 | €60,782 | €78,369 | €67,727 | €68,986 | ▲ 1.9% |
| Operating cash flow (approximation) | €81,847 | €89,012 | €100,486 | €90,603 | €90,746 | ▲ 0.2% |
| Investment in fixed assets (approximation) | - | -€243,811 | -€36,613 | -€22,501 | €0 | ▲ 100% |
| Change in cash | - | -€128,383 | -€238,003 | -€35,132 | €101,058 | ▲ 388% |
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 2027, expected by
2026
12-08
NBB filing
Annual accounts filed
fiscal year 2026 · full schema
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
31-03
Financial
Liquidity times 11current ratio 26.94
Current ratio from 2.47 to 26.94; short-term debt falls from €219,939 to €14,239.
2023
15-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
31-03
Financial
Liquidity triplescurrent ratio 20.49
Current ratio from 5.90 to 20.49; short-term debt falls from €100,483 to €24,489.
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
31-03
Financial
Weakest financial yearnet €15,530 ▼29.6%
Net result drops to €15,530, the lowest in the series; recovery starts the following year.
2020
22-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
31-03
Financial
Liquidity doublescurrent ratio 22.18
Current ratio from 8.98 to 22.18; short-term debt falls from €68,551 to €25,268.
2019
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Leuze-en-Hainaut · 1 establishment unit since 1996
Ground area
1,078 m²
Building footprint
167 m²
Volume, LiDAR
907 m³
Parcel 57032B0046/00K000, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Hycocognes(GX) 9, 7906 Leuze-en-Hainaut
since 19962.079.443.141
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57032B0046/00K000 | Wallonia | 1,078 m² | 1 · 167 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 siteLeuze-en-Hainaut2.079.443.141
Similar companies · same sector, comparable size
MERSCH AGRI SOLUTIONS
BE 0818.585.077
Pajottegem · Eq €706,660
BERNARD Ch. et Guillaume
BE 0533.835.342
Wanze · Eq €706,466
GRAACO
BE 0476.164.486
Sint-Niklaas · Eq €710,010
JALGO
BE 0629.704.501
Walcourt · Eq €710,412
NEU MOULIN
BE 0437.030.134
Havelange · Eq €710,556
Of 4,676 companies in sector 01610 we hold annual accounts for 1,369. 951 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded22-11-1996
Fiscal year end31-03
Activities, NACEBEL 2025
01610Support activities for crop production
E-invoicing
Reachable via Peppol
Peppol ID
0208:0459300641
Also
9925:BE0459300641
Registered
18-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.