XAMAGRI

Active

Public limited companyfounded 198640 yrs activeChemin Crinquaille 2, 1400 Nivelles, BelgiumKBO/BCE: BE 0429.346.942

XAMAGRI has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.00M and a net result of €-14k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 83% of 3941 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

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Checked score

Score 2024

40 / 100

Weak▼ -16 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0▼-9

Solvency67=

Growth52=

Stability100

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €80k at 30 days only on tighter terms

Liquidity short (current ratio 0.16 against 0.15 in 2023), and 26.3% 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

Seven 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

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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 2024

Solvency, return and age of the figures

Solvency

73.7%

Return on assets

-0.5%

Age of the figures

20 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

36 d early

2023

12 d early

2022

7 d early

2021

31 d early

2020

4 d late

2019

9 d early

← 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, micro schema

Turnover

€167k▼ 51.1%

2021 · €340k

2020: €207k 2021: €340k

2020 → 2022

EBIT margin

61.7%▲ 52.5pp

2021 · 9.2%

2020: 0.8% 2021: 9.2%

2020 → 2022

Net result

€-14k

2023 · €38k

2018: €-57k 2019: €-23k 2020: €-1k 2021: €27k 2022: €101k 2023: €38k

2018 → 2024

Working capital

€-598k▲ 8.9%

2023 · €-656k

2018: €-1.13M 2019: €-1.13M 2020: €-1.17M 2021: €-1.17M 2022: €-768k 2023: €-656k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€207k-€340k▲ 64.4%€167k▼ 51.1%

Equity€210k-€237k▲ 13.0%€339k▲ 42.7%€2.01M▲ 495%€2.00M▼ 0.7%

Operating result€2k-€31k▲ 1,757%€103k▲ 229%€38k▼ 63.1%€-14k

Net result€-1k-€27k€101k▲ 270%€38k▼ 62.7%€-14k

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 2024: a loss of €14k after €38k in 2023, the lowest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €2.72M

95.7%

Fixed assets €2.60M▼ 2.7%

Current assets €118k▲ 2.5%

Equity and liabilities €2.72M

73.7%

26.3%

Equity €2.00M▼ 0.7%

Debt €716k▼ 7.2%

The debt ratio falls from 27.7% to 26.3%: debt falls faster than equity shrinks.

Key figures and ratios

2024 value · change against 2023

EBITDA

€47k▼

2023 · €112k

Cash flow

€46k▼

2023 · €112k

Solvency

73.7%▲

2023 · 72.3%

Current ratio

0.16▲

2023 · 0.15

Quick ratio

0.13▼

2023 · 0.15

Debt / equity

0.36▼

2023 · 0.38

ROE

-0.7%▼

2023 · 1.9%

ROA

-0.5%▼

2023 · 1.4%

Interest coverage

1108.06▼

2023 · 2663.47

Debt

€716k▼

2023 · €771k

Debt ≤ 1 year

€716k▼

2023 · €771k

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€2.79M€2.72M▼

Fixed assets21/28€2.67M€2.60M▼

Tangible fixed assets22/27€2.67M€2.60M▼

Land and buildings22€2.53M€2.52M▼

Plant, machinery and equipment23€141k€80k▼

Financial fixed assets28€435€435=

Current assets29/58€115k€118k▲

Stocks and contracts in progress3-€27k

Stocks30/36-€27k

Amounts receivable within one year40/41€34k€68k▲

Trade receivables40€34k€68k▲

Cash at bank and in hand54/58€77k€21k▼

Deferred charges and accrued income490/1€4k€1k▼

Equity and liabilities

Total equity and liabilities10/49€2.79M€2.72M▼

Equity10/15€2.01M€2.00M▼

Contributions10/11€2.00M€2.00M=

Capital10€2.00M-

Issued capital100€2.00M-

Reserves13€6k€6k=

Non-distributable reserves130/1€6k€6k=

Legal reserve130€6k-

Reserves not available under the articles1311-€6k

Profit (loss) carried forward14€8k€-6k▼

Amounts payable17/49€771k€716k▼

Amounts payable within one year42/48€771k€716k▼

Trade debts44€14k€13k▼

Suppliers440/4€14k€13k▼

Taxes, remuneration and social security45€3k€2k▼

Taxes450/3€3k€2k▼

Other amounts payable47/48€754k€701k▼

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74k€61k▼

Other operating charges640/8€6k€7k▲

Gross operating margin9900€118k€54k▼

Operating profit (loss)9901€38k€-14k▼

Financial income75/76B€16-

Recurring financial income75€16-

Financial charges65/66B€42€42=

Recurring financial charges65€42€42=

Profit (loss) for the period before taxes9903€38k€-14k▼

Profit (loss) for the period9904€38k€-14k▼

Profit (loss) for the period to be appropriated9905€38k€-14k▼

Appropriation of the result

Profit (loss) to be appropriated9906€10k€-6k▼

Profit (loss) brought forward from the previous period14P€-28k€8k▲

Transfer to equity691/2€2k-

To the legal reserve6920€2k-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

2025

25-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

19-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Equity above €2MEq €2.01M ▲495%

3 profitable years in a row build equity to €2.01M.

24-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Highest result since 2018net €101k ▲270%

Operating result €103k, net result €101k, both a record.

30-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Back to profitnet €27k

Net result €27k after 3 loss-making years.

04-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 4 days late

2020

22-07

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

23-07

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

13-06

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

22-06

NBB filing Annual accounts filed

fiscal year 2016 · micro schema

2016

15-06

NBB filing Annual accounts filed

fiscal year 2015 · full schema

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

Directors · office · real estate

Directors

7 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, Nivelles · 1 establishment unit since 1986

establishment approximate 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.

Chemin Crinquaille 21400 Nivelles

Ground area

813 m²

Building footprint

157 m²

Volume, LiDAR

1,082 m³

Parcel 25783F0427/00H000, Wallonia · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

XAMAGRI

Chemin Crinquaille 2, 1400 NivellesRaising of dairy cattle

since 19862.036.020.595

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
25783F0427/00H000	Wallonia	813 m²	1 · 157 m²	8.3 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Nivelles2.036.020.595

1 permission

Boerderij - akkerbouw · since 07-04-2025

Similar companies · same sector, comparable size

EUROPEAN FRUIT CO-OPERATION - EUROPESE FRUIT COOPERATIE - EUROPAISCHE FRUCHT KOOPERATION

BE 0479.723.594

Tongeren-Borgloon · Eq €2.00M

Of 4,670 companies in sector 01610 we hold annual accounts for 1,363. 647 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPublic limited company

Founded14-07-1986

Fiscal year end31-12

Activities, NACEBEL

01410Raising of dairy cattle

01610Support activities for crop production

13300Finishing of textiles

74103Other professional, scientific and technical activities

74120Graphic design and visual communication

Sources

Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.