AGF-SPECIAALZAAK
ActiveAGF-SPECIAALZAAK has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €178k and a net result of €79k. Equity is growing by ~40.5% per year across the filed fiscal years. Its solvency ranks better than 35% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+29
Solvency49▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity tight (current ratio 1.13 against 0.99 in 2024; short-term debt: 16.6% and cash: 4.5% of total assets), and 76% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
24%
Return on assets
10.6%
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
14 d late
2023
37 d late
2022
32 d early
2021
50 d late
2020
87 d late
2019
118 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€178k▲ 78.8%
2024 · €100k
2018: €-32k
2019: €-8k
2020: €21k
2021: €56k
2022: €96k
2023: €131k
2024: €100k
2018 → 2025
Total assets
€742k▲ 30.8%
2024 · €568k
2018: €604k
2019: €571k
2020: €567k
2021: €610k
2022: €649k
2023: €621k
2024: €568k
2018 → 2025
Net result
€79k▲ 1,342%
2024 · €5k
2018: €-41k
2019: €24k
2020: €28k
2021: €35k
2022: €41k
2023: €35k
2024: €5k
2018 → 2025
Working capital
€16k
2024 · €-1k
2018: €-163k
2019: €-117k
2020: €-75k
2021: €-33k
2022: €2k
2023: €25k
2024: €-1k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€56k-€96k▲ 72.7%€131k▲ 36.4%€100k▼ 24.2%€178k▲ 78.8%
Operating result€65k-€63k▼ 3.5%€71k▲ 12.4%€25k▼ 64.8%€136k▲ 446%
Net result€35k-€41k▲ 15.5%€35k▼ 13.6%€5k▼ 84.5%€79k▲ 1,342%
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 recovers in 2025; 2025 is 446% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €742k
Fixed assets
€603k▲ 38.7%
Current assets
€139k▲ 4.8%
Equity and liabilities €742k
Equity
€178k▲ 78.8%
Debt
€564k▲ 20.6%
The debt ratio falls from 82.4% to 76.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€184k▲
2024 · €60k
Cash flow
€126k▲
2024 · €41k
Solvency
24.0%▲
2024 · 17.6%
Current ratio
1.13▲
2024 · 0.99
Quick ratio
1.05▲
2024 · 0.92
Debt / equity
3.16▼
2024 · 4.69
ROE
44.1%▲
2024 · 5.5%
ROA
10.6%▲
2024 · 1.0%
Interest coverage
9.64▲
2024 · 3.98
Debt
€564k▲
2024 · €468k
Debt ≤ 1 year
€123k▼
2024 · €134k
Debt > 1 year
€441k▲
2024 · €334k
Income taxes
€41k▲
2024 · €4k
Staff costs
€235k▲
2024 · €216k
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€568k€742k▲
Fixed assets21/28€435k€603k▲
Tangible fixed assets22/27€435k€603k▲
Land and buildings22€431k€592k▲
Plant, machinery and equipment23€3k€5k▲
Furniture and vehicles24€2k€6k▲
Current assets29/58€133k€139k▲
Amounts receivable after more than one year29-€20k
Other amounts receivable291-€20k
Stocks and contracts in progress3€10k€10k=
Stocks30/36€10k€10k=
Amounts receivable within one year40/41€117k€44k▼
Trade receivables40€725€3k▲
Other amounts receivable41€116k€41k▼
Current investments50/53-€29k
Cash at bank and in hand54/58€665€33k▲
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€568k€742k▲
Equity10/15€100k€178k▲
Contributions10/11€19k€19k=
Reserves13€81k€160k▲
Distributable reserves133€81k€160k▲
Amounts payable17/49€468k€564k▲
Amounts payable after more than one year17€334k€441k▲
Financial debts170/4€334k€441k▲
Amounts payable within one year42/48€134k€123k▼
Current portion of amounts payable after more than one year42€11k€20k▲
Financial debts43€23k€7k▼
Credit institutions430/8€23k€7k▼
Trade debts44€48k€49k▲
Suppliers440/4€48k€49k▲
Taxes, remuneration and social security45€51k€47k▼
Taxes450/3€16k€22k▲
Remuneration and social security454/9€35k€24k▼
Other amounts payable47/48€741€113▼
Income statement
Code20242025
Remuneration, social security and pensions62€216k€235k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€48k▲
Other operating charges640/8€6k€6k▲
Gross operating margin9900€282k€425k▲
Operating profit (loss)9901€25k€136k▲
Financial income75/76B€14€3k▲
Recurring financial income75€14€3k▲
Financial charges65/66B€15k€19k▲
Recurring financial charges65€15k€19k▲
Profit (loss) for the period before taxes9903€10k€120k▲
Income taxes67/77€4k€41k▲
Profit (loss) for the period9904€5k€79k▲
Profit (loss) for the period to be appropriated9905€5k€79k▲
Appropriation of the result
Profit (loss) to be appropriated9906€43k€79k▲
Profit (loss) brought forward from the previous period14P€37k-
Transfer to equity691/2€5k€79k▲
To other reserves6921€5k€79k▲
Profit to be distributed694/7€37k-
Return on contributions (dividend)694€37k-
Social balance
Average headcount (FTE)90876.77.5▲
The notes to these accounts (10 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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €79k ▲1342%
Operating result €136k, net result €79k, both a record.
31-12
Financial
Equity above €150kEq €178k ▲78.8%
7 profitable years in a row build equity to €178k.
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 14 days late
2024
06-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 37 days late
2023
31-12
Financial
Equity above €100kEq €131k ▲36.4%
5 profitable years in a row build equity to €131k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
19-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 50 days late
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 118 days late
2019
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
04-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 35 days late
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
01-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Mechelen · 1 establishment unit since 2009
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.
IJzerenleen 572800 MechelenGround area
180 m²
Building footprint
180 m²
Volume, LiDAR
1,666 m³
Parcel 12025D0230/00C000, Flanders · tallest building 13.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
AGF-Speciaalzaak
since 20092.186.022.880
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12025D0230/00C000 | Flanders | 180 m² | 1 · 180 m² | 13.6 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteMechelen2.186.022.880
Similar companies · same sector, comparable size
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NUTS ABOUT NUTS
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AGFresh
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CALAMERA et C°
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Ittre · Eq €180k
Of 3,827 companies in sector 47210 we hold annual accounts for 966. 725 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-12-2009
Fiscal year end31-12
Activities, NACEBEL
47210Retail sale of fruit and vegetables
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.