INAGRAS
ActiveINAGRAS has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.12M and a net result of €511k. Equity is growing by ~12.5% per year across the filed fiscal years. Its solvency ranks better than 85% of 4812 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
94
/ 100
Excellent▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▼-2
Solvency100=
Growth74=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €550k at 30 days acceptable
Liquidity ample (current ratio 3.72 against 3.26 in 2024), and 19.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
80.3%
Return on assets
6.7%
Age of the figures
8 mo
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
23 d late
2021
30 d late
2021
56 d late
2020
57 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€10.99M▲ 33.7%
2022 · €8.22M
2018: €6.89M
2020: €7.48M
2021: €7.30M
2021: €8.78M
2022: €8.22M
2018 → 2023
EBIT margin
9.7%▲ 7.1pp
2022 · 2.6%
2018: 8.1%
2020: 7.8%
2021: 9.1%
2021: 9.0%
2022: 2.6%
2018 → 2023
Net result
€511k▲ 4.6%
2024 · €488k
2018: €336k
2020: €443k
2021: €473k
2021: €402k
2022: €130k
2023: €768k
2024: €488k
2018 → 2025
Working capital
€3.41M▲ 3.7%
2024 · €3.29M
2018: €266k
2020: €622k
2021: €1.04M
2021: €2.05M
2022: €2.19M
2023: €2.76M
2024: €3.29M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€8.78M-€8.22M▼ 6.3%€10.99M▲ 33.7%
Equity€4.22M-€4.35M▲ 3.1%€5.12M▲ 17.7%€5.60M▲ 9.5%€6.12M▲ 9.1%
Operating result€789k-€218k▼ 72.4%€1.07M▲ 392%€628k▼ 41.4%€489k▼ 22.2%
Net result€402k-€130k▼ 67.8%€768k▲ 493%€488k▼ 36.4%€511k▲ 4.6%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 22% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.61M
Fixed assets
€2.95M▲ 0.2%
Current assets
€4.66M▼ 1.6%
Equity and liabilities €7.61M
Equity
€6.12M▲ 9.1%
Debt
€1.50M▼ 27.9%
The debt ratio falls from 27.1% to 19.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€546k▼
2024 · €684k
Cash flow
€568k▲
2024 · €544k
Solvency
80.3%▲
2024 · 72.9%
Current ratio
3.72▲
2024 · 3.26
Quick ratio
2.68▲
2024 · 2.40
Debt / equity
0.25▼
2024 · 0.37
ROE
8.4%▼
2024 · 8.7%
ROA
6.7%▲
2024 · 6.4%
Interest coverage
9.68▼
2024 · 13.10
Debt
€1.50M▼
2024 · €2.08M
Debt ≤ 1 year
€1.25M▼
2024 · €1.45M
Income taxes
€46k▼
2024 · €172k
Staff costs
€637k▼
2024 · €670k
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€7.69M€7.61M▼
Fixed assets21/28€2.94M€2.95M▲
Intangible fixed assets21€22k€16k▼
Tangible fixed assets22/27€310k€323k▲
Land and buildings22€167k€153k▼
Plant, machinery and equipment23€12k€33k▲
Furniture and vehicles24€130k€137k▲
Financial fixed assets28€2.61M€2.61M=
Current assets29/58€4.74M€4.66M▼
Stocks and contracts in progress3€1.25M€1.31M▲
Stocks30/36€1.25M€1.31M▲
Amounts receivable within one year40/41€2.30M€929k▼
Trade receivables40€1.85M€822k▼
Other amounts receivable41€450k€107k▼
Cash at bank and in hand54/58€1.18M€2.41M▲
Deferred charges and accrued income490/1€6k€10k▲
Equity and liabilities
Total equity and liabilities10/49€7.69M€7.61M▼
Equity10/15€5.60M€6.12M▲
Contributions10/11€850k€850k=
Capital10€850k€850k=
Issued capital100€850k€850k=
Reserves13€4.70M€4.70M=
Non-distributable reserves130/1€85k€85k=
Legal reserve130€85k€85k=
Tax-exempt reserves132€10k€10k=
Distributable reserves133€4.60M€4.60M=
Profit (loss) carried forward14€59k€570k▲
Amounts payable17/49€2.08M€1.50M▼
Amounts payable within one year42/48€1.45M€1.25M▼
Trade debts44€1.34M€549k▼
Suppliers440/4€1.34M€549k▼
Taxes, remuneration and social security45€111k€103k▼
Taxes450/3€55k€36k▼
Remuneration and social security454/9€56k€66k▲
Other amounts payable47/48€0€600k▲
Accrued charges and deferred income492/3€628k€247k▼
Income statement
Code20242025
Non-recurring operating income76A€14k€0▼
Remuneration, social security and pensions62€670k€637k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56k€58k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€12k€12k▼
Non-recurring operating charges66A€5k€2k▼
Gross operating margin9900€1.37M€1.20M▼
Operating profit (loss)9901€628k€489k▼
Financial income75/76B€85k€125k▲
Recurring financial income75€85k€125k▲
Financial charges65/66B€52k€56k▲
Recurring financial charges65€52k€56k▲
Profit (loss) for the period before taxes9903€661k€557k▼
Income taxes67/77€172k€46k▼
Profit (loss) for the period9904€488k€511k▲
Profit (loss) for the period to be appropriated9905€488k€511k▲
Appropriation of the result
Profit (loss) to be appropriated9906€489k€570k▲
Profit (loss) brought forward from the previous period14P€1k€59k▲
Transfer to equity691/2€430k€0▼
To other reserves6921€430k€0▼
Social balance
Average headcount (FTE)90874.67.9▲
The notes to these accounts (23 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €768k ▲493%
Operating result €1.07M, net result €768k, both a record.
31-12
Financial
Equity above €5MEq €5.12M ▲17.7%
6 profitable years in a row build equity to €5.12M.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 23 days late
2022
31-12
Financial
Weakest financial yearnet €130k ▼67.8%
Net result drops to €130k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
25-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 56 days late
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 57 days late
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2020
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
16-10-2020
IMMO D.D.: Resigned as Director
17-12-2019
IMMO D.D.: Resigned as Manager
17-12-2019
CESEBCO: Resigned as Manager
17-12-2019
INVESTINA: Resigned as Manager
07-03-2018
Heidi Lannoo: Resigned as Manager
07-06-2008
De Marez Frans: Resigned as Manager
07-06-2008
NAEYAERT Stefaan: Resigned as Manager
Location & real-estate footprint
Registered office, Gent · 4 establishment units since 1998
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.
Industrieweg 1729030 GentGround area
3.4 ha
Building footprint
2.7 ha
Volume, LiDAR
118,756 m³
4 parcels, Flanders · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
4 establishment units
Disaghor
since 19982.089.903.503
Disaghor-Inagras
since 20082.170.411.226
Gentsesteenweg 161, 2800 Mechelen
since 20112.208.319.717
Disaghor
since 20262.383.773.515
4 parcels
Flanders
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44038A0037/00G000 | Flanders | 2.4 ha | 1 · 1.5 ha | 8.5 m · 2 fl. |
| 73056B0432/00F000 | Flanders | 6,505 m² | 1 · 1.0 ha | - |
| 37012C0308/00C000 | Flanders | 2,490 m² | 1 · 1,367 m² | 9.1 m · 3 fl. |
| 12404G0338/00G003 | Flanders | 800 m² | 1 · 145 m² | 11.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 3
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
3 connected companiesNetwork connections
Shared address
→
Shared address
→
Shared address
→
Public money · subsidies and aid
Flemish government
2022 to 2025 · 2 entries · 1,137 EUR awarded · 1,137 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 306 EUR | 306 EUR |
| 2022 | 1 | 831 EUR | 831 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
3 sitesGent2.089.903.503
Mechelen2.208.319.717
Bilzen-Hoeselt2.170.411.226
Legal Entity Identifier
967600MUU0VJA52XQ643
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AGRI-ACTIV
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Onhaye · Eq €6.04M
FOODIFAM
BE 0431.574.279
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STASSEN NV LANDBOUWPRODUCTEN
BE 0468.896.614
Dilsen-Stokkem · Eq €6.39M
Of 688 companies in sector 46216 we hold annual accounts for 475. 270 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-12-1998
Fiscal year end31-12
Activities, NACEBEL
46216Wholesale of agricultural produce and animal feed, general range
46851Wholesale of industrial chemicals
51210
51550
71210
77120Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.