NAGELS

Active

Private limited companyfounded 200718 yrs activeValgaersteeg 2, 3570 Alken, BelgiumKBO/BCE: BE 0893.676.638

NAGELS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €563k and a net result of €60k. Its solvency ranks better than 24% of 1696 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

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Checked score

Score 2024

65 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability71▲+19

Solvency45▲+1

Growth78

Track record100

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €35k at 30 days acceptable

Liquidity short (current ratio 0.95 against 1.09 in 2023; short-term debt: 41.5% and cash: 0.2% of total assets), and 79.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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 →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 1696 sector peers (2024).

NBB · sector comparison

Position among 1696 sector peers

Solvency

better than 24%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-09-2025, 41 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 2 filings

Deviation from the deadline

2025

not confirmed

2024

41 d late

2023

57 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity

€563k▲ 12.0%

2023 · €502k

2023: €502k

2023 → 2024

Total assets

€2.77M▲ 6.1%

2023 · €2.61M

2023: €2.61M

2023 → 2024

Net result

€60k

2023 · €-72k

2023: €-72k

2023 → 2024

Working capital

€-59k

2023 · €84k

2023: €84k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€502k-€563k▲ 12.0%

Operating result€-21k-€109k

Net result€-72k-€60k

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €109k after a loss of €21k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €2.77M

60.7%

39.3%

Fixed assets €1.68M▲ 3.8%

Current assets €1.09M▲ 9.7%

Equity and liabilities €2.77M

20.3%

79.7%

Equity €563k▲ 12.0%

Debt €2.21M▲ 4.6%

The debt ratio falls from 80.8% to 79.7%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€342k▲

2023 · €189k

Cash flow

€294k▲

2023 · €137k

Solvency

20.3%▲

2023 · 19.2%

Current ratio

0.95▼

2023 · 1.09

Quick ratio

0.10▲

2023 · 0.10

Debt / equity

3.92▼

2023 · 4.20

ROE

10.7%▲

2023 · -14.4%

ROA

2.2%▲

2023 · -2.8%

Interest coverage

7.02▲

2023 · 4.40

Debt

€2.21M▲

2023 · €2.11M

Debt ≤ 1 year

€1.15M▲

2023 · €909k

Debt > 1 year

€1.06M▼

2023 · €1.20M

Staff costs

€41k▼

2023 · €47k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€2.61M€2.77M▲

Fixed assets21/28€1.62M€1.68M▲

Intangible fixed assets21€18k€13k▼

Tangible fixed assets22/27€1.60M€1.67M▲

Land and buildings22€1.09M€1.26M▲

Plant, machinery and equipment23€269k€252k▼

Furniture and vehicles24€18k€9k▼

Leasing and similar rights25€200k€134k▼

Other tangible fixed assets26€20k€8k▼

Current assets29/58€993k€1.09M▲

Stocks and contracts in progress3€902k€974k▲

Stocks30/36€902k€974k▲

Amounts receivable within one year40/41€87k€109k▲

Trade receivables40€82k€98k▲

Other amounts receivable41€5k€11k▲

Cash at bank and in hand54/58€2k€7k▲

Deferred charges and accrued income490/1€2k€235▼

Equity and liabilities

Total equity and liabilities10/49€2.61M€2.77M▲

Equity10/15€502k€563k▲

Contributions10/11€330k€330k=

Profit (loss) carried forward14€172k€233k▲

Amounts payable17/49€2.11M€2.21M▲

Amounts payable after more than one year17€1.20M€1.06M▼

Financial debts170/4€1.20M€1.06M▼

Amounts payable within one year42/48€909k€1.15M▲

Current portion of amounts payable after more than one year42€185k€170k▼

Trade debts44€413k€670k▲

Suppliers440/4€413k€670k▲

Taxes, remuneration and social security45€8k€7k▼

Taxes450/3€3k-

Remuneration and social security454/9€5k€7k▲

Other amounts payable47/48€303k€301k▼

Income statement Code20232024

Remuneration, social security and pensions62€47k€41k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€210k€233k▲

Other operating charges640/8€9k€7k▼

Gross operating margin9900€244k€391k▲

Operating profit (loss)9901€-21k€109k▲

Financial income75/76B€75€40▼

Recurring financial income75€75€40▼

Financial charges65/66B€51k€49k▼

Recurring financial charges65€43k€49k▲

Non-recurring financial charges66B€9k-

Profit (loss) for the period before taxes9903€-72k€60k▲

Profit (loss) for the period9904€-72k€60k▲

Profit (loss) for the period to be appropriated9905€-72k€60k▲

Appropriation of the result

Profit (loss) to be appropriated9906€172k€233k▲

Profit (loss) brought forward from the previous period14P€245k€172k▼

Social balance

Average headcount (FTE)90871.21.0▼

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 3Financial 1Filings 2

2025

10-09

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 41 days late

2024

31-12

Financial Back to profitnet €60k

Net result €60k after one loss-making year.

26-09

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 57 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

4 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, Alken · 1 establishment unit since 2007

establishment The establishment unit on the map

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.

Valgaersteeg 23570 Alken

Ground area

1,412 m²

Building footprint

216 m²

Volume, LiDAR

1,263 m³

Parcel 73001K0199/00L000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Landbouwvennootschap Nagels Houben

Valgaersteeg 2, 3570 AlkenCrop and animal production, hunting and related service activities

since 20072.167.843.991

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
73001K0199/00L000	Flanders	1,412 m²	1 · 216 m²	7.9 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.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 9 entries · 44,374 EUR awarded · 44,374 EUR paid

Year	Entries	awarded	paid
2025	2	23,383 EUR	23,383 EUR
2024	1	2,700 EUR	2,700 EUR
2023	4	7,709 EUR	7,709 EUR
2022	2	10,582 EUR	10,582 EUR

Schemes

Investeringssteun voor land- en tuinbouwers

2 entries · 31,221 EUR · 31,221 EUR paid · Vlaams Landbouwinvesteringsfonds

Subsidie voor de bedrijfseigen teelt van plantaardige eiwitbronnen (vlinderbloemigen) - stopgezet

1 entry · 4,860 EUR · 4,860 EUR paid · Agentschap Landbouw en Zeevisserij

Subsidie voor zorgboerderijen

3 entries · 4,440 EUR · 4,440 EUR paid · Agentschap Landbouw en Zeevisserij

Brede weersverzekering

2 entries · 3,353 EUR · 3,353 EUR paid · VLAAMS FONDS VOOR DE LASTENDELGING

Stagebonus (stopgezet)

1 entry · 500 EUR · 500 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Food safety, FASFC

1 site

Alken2.167.843.991

6 permissions

Boerderij - gezelschapsvarkens of max 3 vleesvarkens bestemd voor particuliere slachting · since 27-06-2023

Toelating · Detailhandel · since 30-05-2020

Toelating · Detailhandel met verwerking · since 30-05-2020

and 3 more

Dual-learning approval

2 live approvals

Dier en milieu duaal (so)

Goedgekeurd · 2021 to 2026

Productiemedewerker dier duaal (so)

Goedgekeurd · 2021 to 2026

Similar companies · same sector, comparable size

Scherpenheuvel-Zichem · Eq €564k

Postelhoeve

BE 0440.951.112

Mol · Eq €564k

Of 7,638 companies in sector 01410 we hold annual accounts for 1,849. 1,463 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded16-11-2007

Fiscal year end31-12

Activities, NACEBEL

01410Raising of dairy cattle

56102Limited-service restaurants

56112Limited-service restaurants, excluding mobile food services

01500Mixed farming

46331Wholesale trade

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.