Active BE 0457.333.323Cooperative company

MYG AGRI

Terre du Jardin 5 ·4190 Ferrières, Belgium· 30 yrs active

Sector: Ondersteunende activiteiten in verband met de teelt van gewassen (01610)

Conclusion Checked

The computed 12-month bankruptcy probability of MYG AGRI is 0.1% (very low). The 2024 annual accounts show equity of €3k and a net result of €-14k. Its solvency ranks better than 22% of 816 sector peers (fiscal year 2024). The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€3k
Net result	€-14k
Better than sector	22%
Active	30 yrs

Financial profile 4 of 5 axes measured · computed by Checked

27 / 100

Fragile profile, watch profitability in particular.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 23

Profitability 0

Solvency 0

Growth -

Stability 85

Bankruptcy probability (12 mo) Checked model v1 · free

0.1% Very low

0%0,5%1,5%4%10%≥25%

Lower-risk legal form −Lower-failure-rate sector −Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 1996, 30 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2024 · computed

23 / 100 Critical

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview1 NBB filings

Annual accounts filed on 28-08-2025 with the NBB · fiscal year 2024 · micro

Sector comparison

Fiscal year 2024 · NACE 01, Agriculture · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	0.5%	20.4%	better than 22% of 816 sector peers
Net result	€-14k	€5k	better than 19% of 815 sector peers
Equity	€3k	€36k	better than 24% of 816 sector peers
Gross operating margin	€81k	€33k	better than 72% of 816 sector peers
Total assets	€551k	€218k	better than 77% of 816 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	€79k
Net profit	€-14k
Cash flow	€70k
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€551k
Equity	€3k
Debt	€549k
of which ≤ 1y	€317k
of which > 1y	€232k
Working capital	€-269k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	0.15
Quick ratio	0.15
Working capital ratio	-48.7%
Solvency	0.5%
Debt / equity	213.10
Long-term debt ratio	90.08
Interest coverage	8.74
Gross margin	-
Net margin	-
ROA	-2.6%
ROE	-562.1%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	83d
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €503k · 91.3% Current assets €48k · 8.7%

Equity & liabilities

Equity €3k · 0.5% Debt €549k · 99.5%

Full annual accounts (21 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€551k
Fixed assets	21/28	€503k
Tangible fixed assets	22/27	€503k
Current assets	29/58	€48k
Amounts receivable within one year	40/41	€44k
Cash & bank	54/58	€4k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€551k
Equity	10/15	€3k
Contributions / capital	10/11	€9k
Reserves	13	€750
Accumulated profits (losses)	14	€-7k
Amounts payable	17/49	€549k
Amounts payable after one year	17	€232k
Amounts payable within one year	42/48	€317k
Trade debts payable within one year	44	€29k
Income statement
Gross operating margin	9900	€81k
Operating result	9901	€-5k
Financial charges	65	€9k
Result before taxes	9903	€-14k
Net result for the period	9904	€-14k
Result to be appropriated	9905	€-14k

Ratios computed by Checked.

Directors & mandates 5 directors

Directors derived from a single State Gazette act, under verification

All 3 current directors first appear in the same act (24435834). Founders or capital subscribers may have been counted as directors here; the real board composition is being verified.

Current directors & mandates

PAQUAY Gilles Jacques Bénédicte
Director
State Gazette act 24435834 (11-10-2024)

Current
11-10-2024 → present
PAQUAY Laurent Philippe Carl Yves Marie
Director
State Gazette act 24435834 (11-10-2024)

Current
11-10-2024 → present
PAQUAY Marc Michel Marie
Director
State Gazette act 24435834 (11-10-2024)

Current
11-10-2024 → present

Former directors (2)

Gérard PAQUAY
Director
State Gazette act 24435834 (11-10-2024)

Former
- → 11-10-2024
Yves PAQUAY
Director
State Gazette act 24435834 (11-10-2024)

Former
- → 11-10-2024

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Legal Structure

NACE primary	Ondersteunende activiteiten in verband met de teelt van gewassen(01610)
Legal form	Cooperative company(706)
Incorporation	07-02-1996
Status	Active
Postal code	4190

Establishment units 1 location

Terre du Jardin 5, 4190 Ferrières

teelt van zoden om te verplanten

since 19962.075.648.758

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
61313A0483/00N000	Wallonia	1,973 m²	1 · 689 m²	19.0 m · 3 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 2 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

28-08-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

2024

11-10-2024

State Gazette act Director changes

Chantal BURON

Belgian State Gazette reading coverage 0 of 2 acts read

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 1 year ago

2024

11-10-2024 5 directors appointed, 2 resigning, 1 reappointed Director changes·Chantal BURON

PAQUAY Laurent Philippe Carl Yves Marie, Bestuurder
PAQUAY Gilles Jacques Bénédicte, Bestuurder
PAQUAY Marc Michel Marie, Bestuurder
Gilles PAQUAY, Gedelegeerd bestuurder
Marc PAQUAY, Directeur
Yves PAQUAY, Bestuurder
Gérard PAQUAY, Bestuurder
RIXHON Gérard Marie-Thérèse Roger Ghislain, Bestuurder

Notary: Chantal BURON · Marche-en-Famenne

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken01410Ondersteunende activiteiten in verband met de teelt van gewassen01610Ondersteunende activiteiten in verband met de teelt van gewassen01610

Primary activity highlighted.

Names & trade names

Legal nameFR

MYG AGRI

Registered office

Terre du Jardin 5

4190 Ferrières, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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