VC AGRO
ActiveSummary
VC AGRO has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€177,011) and a net result of -€37,306. Equity is shrinking by ~20.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 3163 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability50▼-30
Solvency0=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.17 against 0.3 in 2024; short-term debt: 56.4% of total assets), and equity is negative.
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Signals
Four 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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-103.3%
Return on assets
-21.8%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€177,011
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 29-06-2026, 32 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
32 d early
2024
16 d early
2023
15 d early
2022
25 d early
2021
27 d early
2020
16 d early
2019
11 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 20 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 6 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 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
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€177,011▼ 26.7%
2024 · -€139,705
Total assets
€171,350▼ 26.4%
2024 · €232,835
Net result
-€37,306
2024 · €20,447
Working capital
-€80,411▲ 6.6%
2024 · -€86,139
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
Line20212022202320242025
Operating result-€6,928▲ 80.7%-€45,297▼ 554%-€26,927▲ 40.6%€21,103-€36,548
Net result-€7,942below the sector's middle half▲ 79.1%-€46,163below the sector's middle half▼ 481%-€29,132below the sector's middle half▲ 36.9%€20,447within the sector's middle half-€37,306below the sector's middle half
Equity-€97,258below the sector's middle half▼ 8.9%-€143,421below the sector's middle half▼ 47.5%-€172,553below the sector's middle half▼ 20.3%-€139,705below the sector's middle half▲ 19.0%-€177,011below the sector's middle half▼ 26.7%
Total assets€331,721within the sector's middle half▼ 11.3%€266,291within the sector's middle half▼ 19.7%€212,981within the sector's middle half▼ 20.0%€232,835within the sector's middle half▲ 9.3%€171,350within the sector's middle half▼ 26.4%
Debt€428,979▼ 7.4%€409,712▼ 4.5%€385,534▼ 5.9%€372,540▼ 3.4%€348,361▼ 6.5%
Working capital-€102,418below the sector's middle half▲ 25.1%-€146,688below the sector's middle half▼ 43.2%-€118,639below the sector's middle half▲ 19.1%-€86,139below the sector's middle half▲ 27.4%-€80,411below the sector's middle half▲ 6.6%
Solvency-29.3%below the sector's middle half▼ 5.4pp-53.9%below the sector's middle half▼ 24.5pp-81.0%below the sector's middle half▼ 27.2pp-60.0%below the sector's middle half▲ 21.0pp-103.3%below the sector's middle half▼ 43.3pp
Current ratio0.39below the sector's middle half▲ 0.190.08below the sector's middle half▼ 0.300.12below the sector's middle half▲ 0.040.30below the sector's middle half▲ 0.180.17below the sector's middle half▼ 0.13
Return on assets (ROA)-2.4%below the sector's middle half▲ 7.8pp-17.3%below the sector's middle half▼ 14.9pp-13.7%below the sector's middle half▲ 3.7pp8.8%above the sector's middle half▲ 22.5pp-21.8%below the sector's middle half▼ 30.6pp
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.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €36,548 after €21,103 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €171,350
Fixed assets
€155,200 ▼ 21.0%
Current assets
€16,151 ▼ 55.6%
Key figures and ratios
EBITDA
€17,058▼
2024 · €69,184
Cash flow
€16,300▼
2024 · €68,529
Debt to equity
-1.97▲
2024 · -2.67
Interest coverage
17.78▼
2024 · 81.59
Debt ≤ 1 year
€96,561▼
2024 · €122,478
Debt > 1 year
€250,000=
2024 · €250,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.9%
went bankrupt
8.4%
stopped otherwise
83%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 6,010 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €44,573 | €46,223 | €49,229 | €48,082 | €53,606 | ▲ 11.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €8,124 | - |
| Other operating charges640/8 | €3,153 | €1,553 | €1,318 | €3,383 | €1,282 | ▼ 62.1% |
| Gross operating margin9900 | €40,798 | €2,479 | €23,619 | €72,568 | €26,464 | ▼ 63.5% |
| Operating profit (loss)9901 | -€6,928 | -€45,297 | -€26,927 | €21,103 | -€36,548 | ▼ 273% |
| Financial income75/76B | €847 | €962 | €1,286 | €193 | €202 | ▲ 4.6% |
| Recurring financial income75 | €847 | €962 | €1,286 | €193 | €202 | ▲ 4.6% |
| Financial charges65/66B | €1,861 | €1,828 | €3,490 | €848 | €959 | ▲ 13.1% |
| Recurring financial charges65 | €1,861 | €1,828 | €3,490 | €848 | €959 | ▲ 13.1% |
| Profit (loss) for the period before taxes9903 | -€7,942 | -€46,163 | -€29,132 | €20,447 | -€37,306 | ▼ 282% |
| Profit (loss) for the period9904 | -€7,942 | -€46,163 | -€29,132 | €20,447 | -€37,306 | ▼ 282% |
| Profit (loss) for the period to be appropriated9905 | -€7,942 | -€46,163 | -€29,132 | €20,447 | -€37,306 | ▼ 282% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €331,721 | €266,291 | €212,981 | €232,835 | €171,350 | ▼ 26.4% |
| Fixed assets21/28 | €267,298 | €253,303 | €196,761 | €196,495 | €155,200 | ▼ 21.0% |
| Tangible fixed assets22/27 | €267,298 | €253,303 | €196,761 | €196,495 | €155,200 | ▼ 21.0% |
| Plant, machinery and equipment23 | €19,332 | €17,033 | €15,698 | €35,550 | €38,775 | ▲ 9.1% |
| Furniture and vehicles24 | €136,300 | €143,215 | €98,731 | €123,834 | €92,518 | ▼ 25.3% |
| Leasing and similar rights25 | €111,666 | €93,055 | €82,332 | €37,111 | €23,906 | ▼ 35.6% |
| Current assets29/58 | €64,423 | €12,987 | €16,220 | €36,340 | €16,151 | ▼ 55.6% |
| Amounts receivable within one year40/41 | €59,014 | €9,443 | €13,534 | €33,425 | €13,465 | ▼ 59.7% |
| Trade receivables40 | €59,014 | €8,413 | €13,534 | €30,965 | €11,624 | ▼ 62.5% |
| Other amounts receivable41 | - | €1,030 | - | €2,460 | €1,841 | ▼ 25.2% |
| Cash at bank and in hand54/58 | €2,246 | - | - | - | - | - |
| Deferred charges and accrued income490/1 | €3,163 | €3,544 | €2,686 | €2,914 | €2,685 | ▼ 7.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €331,721 | €266,291 | €212,981 | €232,835 | €171,350 | ▼ 26.4% |
| Equity10/15 | -€97,258 | -€143,421 | -€172,553 | -€139,705 | -€177,011 | ▼ 26.7% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€103,458 | -€149,621 | -€178,753 | -€158,305 | -€195,611 | ▼ 23.6% |
| Amounts payable17/49 | €428,979 | €409,712 | €385,534 | €372,540 | €348,361 | ▼ 6.5% |
| Amounts payable after more than one year17 | €262,138 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Financial debts170/4 | €262,138 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Amounts payable within one year42/48 | €166,841 | €159,675 | €134,859 | €122,478 | €96,561 | ▼ 21.2% |
| Current portion of amounts payable after more than one year42 | €31,848 | €12,138 | €3,394 | - | - | - |
| Financial debts43 | - | €5,166 | €2,100 | €1,216 | €3,435 | ▲ 182% |
| Credit institutions430/8 | - | €5,166 | €2,100 | €1,216 | €3,435 | ▲ 182% |
| Trade debts44 | €67,647 | €13,079 | €10,744 | €35,179 | €10,168 | ▼ 71.1% |
| Suppliers440/4 | €67,647 | €13,079 | €10,744 | €35,179 | €10,168 | ▼ 71.1% |
| Taxes, remuneration and social security45 | €17,243 | €14,101 | €21,995 | - | €3,894 | - |
| Taxes450/3 | €1,243 | €101 | €7,995 | - | €3,894 | - |
| Remuneration and social security454/9 | €16,000 | €14,000 | €14,000 | - | - | - |
| Other amounts payable47/48 | €50,103 | €115,192 | €96,627 | €86,083 | €79,065 | ▼ 8.2% |
| Accrued charges and deferred income492/3 | - | €37 | €675 | €62 | €1,800 | ▲ 2,803% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,942 | -€46,163 | -€29,132 | €20,447 | -€37,306 | ▼ 282% |
| + Depreciation and write-downs630 | €44,573 | €46,223 | €49,229 | €48,082 | €53,606 | ▲ 11.5% |
| Operating cash flow (approximation) | €36,631 | €60 | €20,097 | €68,529 | €16,300 | ▼ 76.2% |
| Investment in fixed assets (approximation) | - | -€32,228 | €7,313 | -€47,816 | -€12,310 | ▲ 74.3% |
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 2026, expected by
2026
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €20,447
Net result €20,447 after 6 loss-making years.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€46,163
Net result drops to -€46,163, the lowest in the series; recovery starts the following year.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Leopoldsburg · 1 establishment unit since 2017
Ground area
1,067 m²
Building footprint
644 m²
Parcel 71023A1035/00D002, Flanders. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
VC AGRO
since 20172.264.406.305
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71023A1035/00D002 | Flanders | 1,067 m² | 1 · 644 m² | - |
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 siteLeopoldsburg2.264.406.305
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Linter
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 4,676 companies in sector 01610 we hold annual accounts for 1,369. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-04-2017
Fiscal year end31-12
Activities, NACEBEL 2025
01610Support activities for crop production
38330Waste collection, recovery and disposal activities
43120Site preparation
46211Wholesale trade
81300Landscape service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0674476533
Also
9925:BE0674476533
Registered
30-10-2023
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.