RN-Agri
ActiveRN-Agri has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €183k and a net result of €-77k. Equity is growing by ~29.6% per year across the filed fiscal years. Its solvency ranks better than 14% of 1722 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability55▼-16
Solvency35▼-2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity short (current ratio 0.64 against 0.94 in 2024; short-term debt: 25.9% and cash: 1.7% of total assets), and 89.7% 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+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
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 1722 sector peers (2025).
NBB · sector comparisonPosition among 1722 sector peers
Solvency
better than 14%
← weakest
strongest →
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 30-07-2026, 1 day ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
1 d early
2024
2 d early
2023
12 d early
2022
16 d late
2021
31 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€299k
EBIT margin
4.3%
Net result
€-77k
2024 · €37k
2021: €-1k
2022: €622
2023: €60k
2024: €37k
2021 → 2025
Working capital
€-163k▼ 320%
2024 · €-39k
2021: €-246k
2022: €-289k
2023: €-139k
2024: €-39k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€299k-
Equity€75k-€76k▲ 0.8%€226k▲ 198%€262k▲ 16.3%€183k▼ 30.1%
Operating result€13k-€7k▼ 47.2%€88k▲ 1,190%€83k▼ 6.5%€-24k
Net result€-1k-€622€60k▲ 9,562%€37k▼ 37.7%€-77k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €24k after €83k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.77M
Fixed assets
€1.48M▼ 7.1%
Current assets
€296k▼ 52.4%
Equity and liabilities €1.78M
Equity
€183k▼ 30.1%
Debt
€1.59M▼ 18.5%
The debt ratio rises from 88.2% to 89.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€275k▼
2024 · €302k
Cash flow
€222k▼
2024 · €257k
Solvency
10.3%▼
2024 · 11.8%
Current ratio
0.64▼
2024 · 0.94
Quick ratio
0.59▼
2024 · 0.93
Debt / equity
8.69▲
2024 · 7.45
ROE
-42.1%▼
2024 · 14.3%
ROA
-4.3%▼
2024 · 1.7%
Interest coverage
5.01▼
2024 · 6.56
Debt
€1.59M▼
2024 · €1.95M
Debt ≤ 1 year
€460k▼
2024 · €660k
Debt > 1 year
€1.13M▼
2024 · €1.29M
Staff costs
€186k▲
2024 · €122k
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€2.22M€1.78M▼
Formation expenses20€6k€4k▼
Fixed assets21/28€1.59M€1.48M▼
Tangible fixed assets22/27€1.58M€1.46M▼
Plant, machinery and equipment23€367k€377k▲
Furniture and vehicles24€944k€789k▼
Leasing and similar rights25€266k€298k▲
Financial fixed assets28€13k€13k=
Current assets29/58€621k€296k▼
Stocks and contracts in progress3€10k€25k▲
Stocks30/36€10k€25k▲
Amounts receivable within one year40/41€410k€166k▼
Trade receivables40€373k€115k▼
Other amounts receivable41€37k€51k▲
Cash at bank and in hand54/58€83k€30k▼
Deferred charges and accrued income490/1€119k€75k▼
Equity and liabilities
Total equity and liabilities10/49€2.22M€1.78M▼
Equity10/15€262k€183k▼
Contributions10/11€164k€164k=
Reserves13€97k€60k▼
Distributable reserves133€97k€60k▼
Profit (loss) carried forward14-€-40k
Investment grants15€2k€0▼
Amounts payable17/49€1.95M€1.59M▼
Amounts payable after more than one year17€1.29M€1.13M▼
Financial debts170/4€1.29M€1.13M▼
Other amounts payable178/9€0-
Amounts payable within one year42/48€660k€460k▼
Current portion of amounts payable after more than one year42€260k€303k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€380k€124k▼
Suppliers440/4€380k€124k▼
Taxes, remuneration and social security45€13k€17k▲
Taxes450/3€0€2k▲
Remuneration and social security454/9€13k€15k▲
Other amounts payable47/48€8k€15k▲
Accrued charges and deferred income492/3€547€0▼
Income statement
Code20242025
Non-recurring operating income76A€160k€7k▼
Remuneration, social security and pensions62€122k€186k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€219k€299k▲
Other operating charges640/8€3k€8k▲
Operating charges capitalised as restructuring costs649€0-
Non-recurring operating charges66A€212k€26k▼
Gross operating margin9900€639k€495k▼
Operating profit (loss)9901€83k€-24k▼
Financial income75/76B€743€2k▲
Recurring financial income75€743€2k▲
Financial charges65/66B€46k€55k▲
Recurring financial charges65€46k€55k▲
Profit (loss) for the period before taxes9903€37k€-77k▼
Income taxes67/77€0-
Profit (loss) for the period9904€37k€-77k▼
Profit (loss) for the period to be appropriated9905€37k€-77k▼
Appropriation of the result
Profit (loss) to be appropriated9906€37k€-77k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2-€37k
Transfer to equity691/2€37k€0▼
To other reserves6921€37k€0▼
Social balance
Average headcount (FTE)90871.92.3▲
The notes to these accounts (27 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-77k ▼306%
Net result drops to €-77k, the lowest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €60k ▲9562%
Operating result €88k, net result €60k, both a record.
31-12
Financial
Equity above €200kEq €226k ▲198%
2 profitable years in a row build equity to €226k.
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
31-12
Financial
Back to profitnet €622
Net result €622 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 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, Wortegem-Petegem · 1 establishment unit since 2020
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.
Eekhoutstraat (P.) 359790 Wortegem-PetegemGround area
2,537 m²
Building footprint
489 m²
Parcel 45039B0043/00D000, Flanders. Linked by address, not a title deed.
1 establishment unit
RN-Agri
since 20202.300.621.155
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45039B0043/00D000 | Flanders | 2,537 m² | 1 · 489 m² | - |
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 · 4 entries · 3,930 EUR awarded · 3,930 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 375 EUR | 375 EUR |
| 2024 | 1 | 339 EUR | 339 EUR |
| 2023 | 1 | 3,000 EUR | 3,000 EUR |
| 2022 | 1 | 216 EUR | 216 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteWortegem-Petegem2.300.621.155
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Of 4,676 companies in sector 01610 we hold annual accounts for 1,368. 1,144 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-03-2020
Fiscal year end31-12
Activities, NACEBEL
01610Support activities for crop production
49410Freight transport by road
43120Site preparation
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:niels.poelvoorde@hotmail.com