PLANT SELECT
ActiveSummary
PLANT SELECT has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.24M and a net result of €-1.42M. Equity remains stable across the filed fiscal years (±2.5% per year). Its solvency ranks better than 29% of 483 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability5▼-71
Solvency51▼-10
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity tight (current ratio 1.1 against 0.98 in 2024; short-term debt: 18.3% and cash: 0.4% of total assets), and 74.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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
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 2025Solvency, return and age of the figures
Solvency
25.7%
Return on assets
-16.3%
Age of the figures
9 mo
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
on the day
2023
41 d early
2022
92 d early
2021
69 d early
2020
39 d early
2019
101 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-1.42M
2024 · €589k
2019: €1.76Mhighest in 7 years
2020: €484k▼ -72.5% vs 2019
2021: €557k▲ +15.0% vs 2020
2022: €759k▲ +36.3% vs 2021
2023: €-755k▼ -200% vs 2022
2024: €589k▲ +178% vs 2023
2025: €-1.42M▼ -342% vs 2024lowest in 7 years
2019 → 2025
Working capital
€153k
2024 · €-37k
2019: €2.89Mhighest in 7 years
2020: €2.22M▼ -23.1% vs 2019
2021: €2.36M▲ +6.3% vs 2020
2022: €2.54M▲ +7.6% vs 2021
2023: €1.03M▼ -59.6% vs 2022
2024: €-37k▼ -104% vs 2023lowest in 7 years
2025: €153k▲ +510% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.87M-€4.33M▲ 11.9%€3.08M▼ 28.9%€3.66M▲ 19.1%€2.24M▼ 38.8%
2021: €3.87M
2022: €4.33M▲ +11.9% vs 2021highest in 5 years
2023: €3.08M▼ -28.9% vs 2022
2024: €3.66M▲ +19.1% vs 2023
2025: €2.24M▼ -38.8% vs 2024lowest in 5 years
Operating result€635k-€1.06M▲ 66.4%€-686k€715k€-1.16M
2021: €635k
2022: €1.06M▲ +66.4% vs 2021highest in 5 years
2023: €-686k▼ -165% vs 2022
2024: €715k▲ +204% vs 2023
2025: €-1.16M▼ -262% vs 2024lowest in 5 years
Net result€557k-€759k▲ 36.3%€-755k€589k€-1.42M
2021: €557k
2022: €759k▲ +36.3% vs 2021highest in 5 years
2023: €-755k▼ -200% vs 2022
2024: €589k▲ +178% vs 2023
2025: €-1.42M▼ -342% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €1.16M after €715k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.71M
Fixed assets
€6.96M ▼ 14.1%
Current assets
€1.75M ▼ 15.9%
Equity and liabilities €8.71M
Equity
€2.24M ▼ 38.8%
Debt
€6.47M ▼ 0.8%
Debt's share of the balance-sheet total rises from 64.0% to 74.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€145k▼
2024 · €1.30M
Cash flow
€-117k▼
2024 · €1.18M
Current ratio
1.10▲
2024 · 0.98
Quick ratio
0.25▲
2024 · 0.23
Debt to equity
2.89▲
2024 · 1.78
ROE
-63.4%▼
2024 · 16.1%
ROA
-16.3%▼
2024 · 5.8%
Interest coverage
0.55▼
2024 · 10.40
Debt ≤ 1 year
€1.60M▼
2024 · €2.12M
Debt > 1 year
€4.87M▲
2024 · €4.40M
Income taxes
€266▼
2024 · €2k
Staff costs
€2.46M▲
2024 · €1.47M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 62 lines
Balance sheet
Code20242025
Assets
Total assets20/58€10.19M€8.71M▼
Fixed assets21/28€8.10M€6.96M▼
Intangible fixed assets21€1.29M€1.19M▼
Tangible fixed assets22/27€6.81M€5.77M▼
Land and buildings22€3.93M€3.44M▼
Plant, machinery and equipment23€2.79M€2.25M▼
Furniture and vehicles24€71k€77k▲
Leasing and similar rights25€14k€3k▼
Financial fixed assets28€4k€4k=
Current assets29/58€2.08M€1.75M▼
Stocks and contracts in progress3€1.60M€1.35M▼
Stocks30/36€1.60M€1.35M▼
Amounts receivable within one year40/41€429k€364k▼
Trade receivables40€408k€163k▼
Other amounts receivable41€21k€201k▲
Cash at bank and in hand54/58€54k€34k▼
Equity and liabilities
Total equity and liabilities10/49€10.19M€8.71M▼
Equity10/15€3.66M€2.24M▼
Contributions10/11€306k€306k=
Capital10€301k€301k=
Issued capital100€301k€301k=
Outside capital11€6k€6k=
Share premium1100/10€6k€6k=
Reserves13€1.68M€1.68M=
Non-distributable reserves130/1€31k€31k=
Legal reserve130€31k€31k=
Distributable reserves133€1.65M€1.65M=
Profit (loss) carried forward14€1.68M€255k▼
Amounts payable17/49€6.52M€6.47M▼
Amounts payable after more than one year17€4.40M€4.87M▲
Financial debts170/4€4.40M€4.87M▲
Amounts payable within one year42/48€2.12M€1.60M▼
Current portion of amounts payable after more than one year42€647k€101k▼
Financial debts43€750k€1.05M▲
Credit institutions430/8€750k€1.05M▲
Trade debts44€248k€185k▼
Suppliers440/4€248k€185k▼
Taxes, remuneration and social security45€204k€260k▲
Taxes450/3€11k€16k▲
Remuneration and social security454/9€193k€244k▲
Other amounts payable47/48€270k-
Income statement
Code20242025
Non-recurring operating income76A€13k€50k▲
Remuneration, social security and pensions62€1.47M€2.46M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€590k€1.31M▲
Other operating charges640/8€29k€66k▲
Non-recurring operating charges66A-€11k
Gross operating margin9900€2.80M€2.68M▼
Operating profit (loss)9901€715k€-1.16M▼
Financial income75/76B€1k€387▼
Recurring financial income75€1k€387▼
Financial charges65/66B€125k€262k▲
Recurring financial charges65€125k€262k▲
Profit (loss) for the period before taxes9903€590k€-1.42M▼
Income taxes67/77€2k€266▼
Profit (loss) for the period9904€589k€-1.42M▼
Transfer from tax-exempt reserves789€255k-
Profit (loss) for the period to be appropriated9905€844k€-1.42M▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.93M€255k▼
Profit (loss) brought forward from the previous period14P€1.09M€1.68M▲
Transfer to equity691/2€255k-
To other reserves6921€255k-
Social balance
Average headcount (FTE)908728.233.8▲
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €63k | €145k | €13k | €50k | ▲ 294% |
| Remuneration, social security and pensions62 | - | €1.43M | €1.44M | €1.47M | €2.46M | ▲ 67.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €537k | €658k | €798k | €590k | €1.31M | ▲ 121% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €615 | €105k | - | - | - |
| Other operating charges640/8 | - | €30k | €26k | €29k | €66k | ▲ 131% |
| Non-recurring operating charges66A | - | €182 | €637 | - | €11k | - |
| Gross operating margin9900 | €2.67M | €3.17M | €1.68M | €2.80M | €2.68M | ▼ 4.3% |
| Operating profit (loss)9901 | €635k | €1.06M | €-686k | €715k | €-1.16M | ▼ 262% |
| Financial income75/76B | - | €5k | €3k | €1k | €387 | ▼ 63.0% |
| Recurring financial income75 | €9k | €5k | €3k | €1k | €387 | ▼ 63.0% |
| Financial charges65/66B | - | €42k | €72k | €125k | €262k | ▲ 109% |
| Recurring financial charges65 | €62k | €42k | €72k | €125k | €262k | ▲ 109% |
| Profit (loss) for the period before taxes9903 | €582k | €1.02M | €-755k | €590k | €-1.42M | ▼ 341% |
| Transfer to deferred taxes680 | - | €255k | - | - | - | - |
| Income taxes67/77 | €25k | €6k | - | €2k | €266 | ▼ 84.1% |
| Profit (loss) for the period9904 | €557k | €759k | €-755k | €589k | €-1.42M | ▼ 342% |
| Transfer from tax-exempt reserves789 | - | - | - | €255k | - | - |
| Profit (loss) for the period to be appropriated9905 | €557k | €759k | €-755k | €844k | €-1.42M | ▼ 268% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €9.33M | €8.94M | €9.43M | €10.19M | €8.71M | ▼ 14.4% |
| Fixed assets21/28 | €5.87M | €5.61M | €7.10M | €8.10M | €6.96M | ▼ 14.1% |
| Intangible fixed assets21 | - | - | - | €1.29M | €1.19M | ▼ 7.8% |
| Tangible fixed assets22/27 | €5.87M | €5.61M | €7.10M | €6.81M | €5.77M | ▼ 15.3% |
| Land and buildings22 | - | €3.74M | €4.09M | €3.93M | €3.44M | ▼ 12.4% |
| Plant, machinery and equipment23 | - | €1.72M | €2.87M | €2.79M | €2.25M | ▼ 19.5% |
| Furniture and vehicles24 | - | €97k | €113k | €71k | €77k | ▲ 8.3% |
| Leasing and similar rights25 | - | €29k | €22k | €14k | €3k | ▼ 78.6% |
| Assets under construction and advance payments27 | - | €21k | - | - | - | - |
| Financial fixed assets28 | €4k | €4k | €4k | €4k | €4k | = |
| Current assets29/58 | €3.46M | €3.33M | €2.33M | €2.08M | €1.75M | ▼ 15.9% |
| Stocks and contracts in progress3 | €1.81M | €1.68M | €1.59M | €1.60M | €1.35M | ▼ 15.4% |
| Stocks30/36 | - | €1.68M | €1.59M | €1.60M | €1.35M | ▼ 15.4% |
| Amounts receivable within one year40/41 | €520k | €780k | €426k | €429k | €364k | ▼ 15.0% |
| Trade receivables40 | - | €645k | €399k | €408k | €163k | ▼ 60.0% |
| Other amounts receivable41 | - | €135k | €28k | €21k | €201k | ▲ 879% |
| Cash at bank and in hand54/58 | €1.13M | €858k | €308k | €54k | €34k | ▼ 38.1% |
| Deferred charges and accrued income490/1 | - | €6k | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €9.33M | €8.94M | €9.43M | €10.19M | €8.71M | ▼ 14.4% |
| Equity10/15 | €3.87M | €4.33M | €3.08M | €3.66M | €2.24M | ▼ 38.8% |
| Contributions10/11 | €301k | €306k | €306k | €306k | €306k | = |
| Capital10 | - | €301k | €301k | €301k | €301k | = |
| Issued capital100 | - | €301k | €301k | €301k | €301k | = |
| Outside capital11 | - | €6k | €6k | €6k | €6k | = |
| Share premium1100/10 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €1.43M | €1.68M | €1.68M | €1.68M | €1.68M | = |
| Non-distributable reserves130/1 | - | €31k | €31k | €31k | €31k | = |
| Legal reserve130 | - | €31k | €31k | €31k | €31k | = |
| Tax-exempt reserves132 | - | €255k | €255k | - | - | - |
| Distributable reserves133 | - | €1.39M | €1.39M | €1.65M | €1.65M | = |
| Profit (loss) carried forward14 | €2.14M | €2.34M | €1.09M | €1.68M | €255k | ▼ 84.8% |
| Amounts payable17/49 | €5.47M | €4.61M | €6.35M | €6.52M | €6.47M | ▼ 0.8% |
| Amounts payable after more than one year17 | €4.26M | €3.80M | €5.05M | €4.40M | €4.87M | ▲ 10.7% |
| Financial debts170/4 | - | €3.80M | €5.05M | €4.40M | €4.87M | ▲ 10.7% |
| Amounts payable within one year42/48 | €1.10M | €786k | €1.30M | €2.12M | €1.60M | ▼ 24.6% |
| Current portion of amounts payable after more than one year42 | - | €463k | €604k | €647k | €101k | ▼ 84.3% |
| Financial debts43 | - | - | €300k | €750k | €1.05M | ▲ 40.0% |
| Credit institutions430/8 | - | - | €300k | €750k | €1.05M | ▲ 40.0% |
| Trade debts44 | €399k | €129k | €192k | €248k | €185k | ▼ 25.2% |
| Suppliers440/4 | - | €129k | €192k | €248k | €185k | ▼ 25.2% |
| Taxes, remuneration and social security45 | - | €170k | €205k | €204k | €260k | ▲ 27.5% |
| Taxes450/3 | - | €12k | €11k | €11k | €16k | ▲ 41.6% |
| Remuneration and social security454/9 | - | €158k | €194k | €193k | €244k | ▲ 26.7% |
| Other amounts payable47/48 | - | €24k | - | €270k | - | - |
| Accrued charges and deferred income492/3 | - | €24k | €2k | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €557k | €759k | €-755k | €589k | €-1.42M | ▼ 342% |
| + Depreciation and write-downs630 | €537k | €658k | €798k | €590k | €1.31M | ▲ 121% |
| Operating cash flow (approximation) | €1.09M | €1.42M | €42k | €1.18M | €-117k | ▼ 110% |
| Investment in fixed assets (approximation) | - | €-396k | €-2.29M | €-1.59M | €-165k | ▲ 89.6% |
| Change in cash | - | €-268k | €-550k | €-254k | €-21k | ▲ 91.8% |
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
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-1.42M
Net result drops to €-1.42M, the lowest in the series.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Back to profitnet €589k
Net result €589k after one loss-making year.
2023
21-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
23-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
23-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
23-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
28-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
12-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 16 acts read
About the unread acts
We know of 16 Belgian State Gazette acts for this company. None of them has 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
16 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, Rijkevorsel · 1 establishment unit since 1991
Ground area
10.7 ha
Building footprint
7.4 ha
Volume, LiDAR
9,411 m³
Parcel 13502F0288/00P000, Flanders · tallest building 14.3 m. Linked by address, not a title deed.
1 establishment unit
PLANT SELECT
since 19912.053.898.289
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13502F0288/00P000 | Flanders | 10.7 ha | 1 · 7.4 ha | 14.3 m |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 19 entries · 698,734 EUR awarded · 400,743 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 9 | 230,520 EUR | 123,863 EUR |
| 2024 | 4 | 17,639 EUR | 128,379 EUR |
| 2023 | 4 | 432,014 EUR | 129,940 EUR |
| 2022 | 2 | 18,561 EUR | 18,561 EUR |
Schemes
Onderzoeksproject
Ontwikkelingsproject
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Baekeland-mandaat
Show 4 more
Subsidies voor internationaal ondernemen
Vlaams opleidingsverlof (VOV)
Individueel Maatwerk
Investeringssteun voor land- en tuinbouwers
Recognitions · licences · registrations
Food safety, FASFC
1 siteRijkevorsel2.053.898.289
Dual-learning approval
2 endedAssistent plantaardige productie duaal (so)
Tuinbouwarbeider (so)
Similar companies · same sector, comparable size
OIKOS Advies
BE 0423.038.477
Dentergem · Eq €2.23M
DECOCK PLANTS
BE 0543.350.448
Comines-Warneton · Eq €2.29M
MATTHIJS GREENWORKS
BE 0821.635.530
Oosterzele · Eq €2.14M
BOOMKWEKERIJ DIRK BOGAERT
BE 0899.088.842
Dendermonde · Eq €2.53M
PLANTENKWEKERIJ DENOLF
BE 0455.164.184
Moorslede · Eq €1.91M
Of 207 companies in sector 01309 we hold annual accounts for 82. 50 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
Founded07-08-1991
Fiscal year end31-12
Activities, NACEBEL 2025
01301Crop and animal production, hunting and related service activities
01309Crop and animal production, hunting and related service activities
01290Crop and animal production, hunting and related service activities
46220Wholesale trade
Contact
Scores and ratios are computed by Checked and are not a credit decision.