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Generated 16-08-2026
Active BE 0472.490.067Coöperatieve vennootschap met beperkte aansprakelijkheidOpen bankruptcy

AGRIBIO

· 26 yrs active
Sector: Teelt van andere granen dan rijst, en van peulgewassen en oliehoudende zaden (01110)
Conclusion Checked

A bankruptcy procedure is open for AGRIBIO according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €586k and a net result of €-265k.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €586k
Net result €-265k
Staff (FTE) 19.3
Better than sector 61%
Financial profile 5 of 5 axes measured · computed by Checked
Health0Profitability0Solvency67Growth32Stability0
20 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 0
Solvency 67
Growth 32
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2020 · computed
0 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2020 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 01-02-2021 with the NBB · fiscal year 2020 · volledig
€-300k€-200k€-100k€0Operating result 2019: €11k€11kNet result 2019: €-138k€-138kOperating result 2020: €-169k€-169kNet result 2020: €-265k€-265k20192020
Operating resultNet result
Sector comparison
Fiscal year 2020 · NACE 01, Agriculture · compared across all schema types (micro, abbreviated and full combined)
Metric This company Sector median Position in the sector
Solvency 40.4% 29.3%
better than 61% of 294 sector peers
Net result €-127k €12k
better than 5% of 293 sector peers
Equity €586k €161k
better than 80% of 294 sector peers
Gross operating margin €677k €73k
better than 93% of 291 sector peers
Employees (FTE) 19.3 2.0
better than 95% of 114 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€-38k
- 19-20
Net profit
€-265k
-91.7% 19-20
Cash flow
€-133k
-1588.9% 19-20
Total assets
€1.45M
+4.9% 19-20
Equity
€586k
-24.2% 19-20
Working capital
€-153k
- 19-20
Employees (FTE)
19
+8.4% 19-20
Income taxes
€118
+1.9% 19-20
Show 9 other metrics
Debt
€862k
+41.8% 19-20
Debt ≤ 1y
€719k
+44.2% 19-20
Debt > 1y
€140k
+33.5% 19-20
Current ratio
0.79
-27.8% 19-20
Quick ratio
0.61
-26.0% 19-20
Solvency
40.4%
-27.7% 19-20
Debt / equity
0.24
+76.1% 19-20
ROE
-45.2%
-152.7% 19-20
ROA
-18.3%
-82.7% 19-20
Figures by fiscal year
Fiscal year2020
Depositvolledig
Revenue-
EBITDA€-38k
Net profit€-265k
Cash flow€-133k
Staff costs-
Income taxes€118
Dividends-
Total assets€1.45M
Equity€586k
Debt€862k
of which ≤ 1y€719k
of which > 1y€140k
Working capital€-153k
Employees (FTE)19.3
Ratios (computed)
2020
Current ratio0.79
Quick ratio0.61
Working capital ratio-10.6%
Solvency40.4%
Debt / equity0.24
Long-term debt ratio0.24
Interest coverage-
Gross margin-
Net margin-
ROA-18.3%
ROE-45.2%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2020
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2020
Balance sheet, Assets
TOTAL ASSETS 20/58€1.45M
Fixed assets 21/28€882k
Tangible fixed assets 22/27€832k
Financial fixed assets 28€50k
Current assets 29/58€566k
Stocks & contracts in progress 3€129k
Amounts receivable within one year 40/41€425k
Cash & bank 54/58€9k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.45M
Equity 10/15€586k
Reserves 13€64k
Accumulated profits (losses) 14€-265k
Amounts payable 17/49€862k
Amounts payable after one year 17€140k
Amounts payable within one year 42/48€719k
Trade debts payable within one year 44€317k
Income statement
Gross operating margin 9900€677k
Operating result 9901€-169k
Financial income 75€60k
Financial charges 65€17k
Result before taxes 9903€-126k
Income taxes 67/77€118
Net result for the period 9904€-127k
Result to be appropriated 9905€-127k
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 4 directors
Current directors & mandates
  • Joao Carvalho Martins
    Managing director
    State Gazette act 22121697 (13-10-2022)
    Current
    01-10-2022 → present
  • Martins
    Managing director
    State Gazette act 22098536 (16-08-2022)
    Current
    16-08-2022 → present
Former directors (2)
  • Bruno Greindl
    Managing director
    State Gazette act 22121697 (13-10-2022)
    Former
    - → 13-10-2022
    2 events
    • 13-10-2022 Resigned· Managing director
    • 16-08-2022 Resigned· Director
  • Raymond VAXELAIRE
    Managing director
    State Gazette act 22121697 (13-10-2022)
    Former
    - → 13-10-2022
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Directors & mandates1 person
Role Name Tenure Source
Curator JACQUES PIRON
AVENUE DE LA TOISON D’OR 77, 1060 SAINT-GILLES
 07-11-2022 → present Belgian State Gazette
Legal Structure
NACE primary Teelt van andere granen dan rijst, en van peulgewassen en oliehoudende zaden(01110)
Legal form Coöperatieve vennootschap met beperkte aansprakelijkheid(008)
Incorporation27-07-2000
StatusActive
Postal code-
First BS signal 17-11-2022
Latest BS signal 17-11-2022
Establishment units 4 locations
AGRIBIO
Rue de Buzin(BF) SN, 5370 Havelangeverhuur van landbouwmachines en -werktuigen met bedieningspersoneel.
since 20002.096.814.752
AGRIBIO LLN
Traverse d'Esope 12, 1348 Ottignies-Louvain-la-NeuveIndustriële vervaardiging van brood en van vers banketbakkerswerk
since 20172.263.420.962
Agribio BLD
Rue des croix du Feu 12, 1420 Braine-l'AlleudAmbachtelijke vervaardiging van brood en van vers banketbakkerswerk
since 20202.296.574.572
Agribio
Chaussée de Louvain 406, 1300 WavreIndustriële vervaardiging van brood en van vers banketbakkerswerk
since 20202.311.897.802
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 3 (75%) Brussels 1 (25%)
Parcel (capakey) Region Area Buildings Height / fl.
25772F0216/00W000 Wallonia 2,352 m² 1 · 823 m² -
25386B0066/00C003 Wallonia 1,421 m² 1 · 1,170 m² 27.5 m · 7 fl.
91012A0205/00G000 Wallonia 1,283 m² - -
21803C0244/00A002 Brussels 100 m² 1 · 99 m² 23.6 m · 8 fl.
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.
Updates 13 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2022
17-11-2022
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · AGRIBIO SCRL RUE DE LA PRESSE 4, 1000 BRUXELLES · event 07-11-2022
13-10-2022
State Gazette act Director changes
0098536 · correction
16-08-2022
State Gazette act Director changes
22098536 · correction
2021
01-02-2021
NBB filing Annual accounts filed
fiscal year 2020 · volledig
2020
27-01-2020
NBB filing Annual accounts filed
fiscal year 2019 · volledig
2019
22-01-2019
NBB filing Annual accounts filed
fiscal year 2018 · volledig
2017
28-12-2017
NBB filing Annual accounts filed
fiscal year 2017 · volledig
26-01-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
2016
07-01-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
2014
17-12-2014
NBB filing Annual accounts filed
fiscal year 2014 · volledig
04-09-2014
NBB filing Annual accounts filed
fiscal year 2013 · volledig
2013
28-02-2013
NBB filing Annual accounts filed
fiscal year 2012 · volledig
2012
05-11-2012
NBB filing Annual accounts filed
fiscal year 2011 · volledig
Lifecycle & Insolvency Signals1 events
17-11-2022
Bankruptcy Opening
Date: 07-11-2022 · Tribunal de l’entreprise francophone de Bruxelles · AGRIBIO SCRL RUE DE LA PRESSE 4, 1000 BRUXELLES · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262022-11-17 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage 0 of 10 acts read

We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 2 acts
All acts · 2 updated 3 years ago
2022
13-10-2022 2 directors appointed, 2 resigning Director changescorrection
  • Joao Carvalho Martins, Gedelegeerd bestuurder
  • J. Jordens spri / Marion de Crombrugghe
  • Bruno GREINDL, Gedelegeerd bestuurder
  • Raymond VAXELAIRE, Gedelegeerd bestuurder
Summary: 0098536
Technical details 
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      "kind": "decharge_granted",
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      "evidence_quote": "Mandate Monsieur Joao Carvalho Martins pour signer le pr\u00E9sent extrait du proc\u00E8s-verbal pour publication",
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  "notary": {
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    "is_associated": false
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  "act_meta": {
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  },
  "decisions": [
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      "body": "algemene_vergadering",
      "date": "2022-09-30",
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  "is_correction": true,
  "subject_company": {
    "kbo": "0472.490.067",
    "name_full": "AGRIBI\u041E",
    "legal_form": "scrl"
  },
  "publication_proxy": {
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    "org_kbo": null,
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  "co_filed_documents": [],
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16-08-2022 1 director appointed, 1 resigning Director changescorrection
  • Martins, Gedelegeerd bestuurder
  • Bruno Greindl, Bestuurder
Summary: 22098536
Technical details 
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Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Teelt van granen en andere akkerbouwgewassen, n.e.g01110Teelt van granen (m.u.v. rijst), peulgewassen en oliehoudende zaden01110Teelt van andere granen dan rijst, en van peulgewassen en oliehoudende zaden01110
Primary activity highlighted.
Names & trade names
Legal nameFR AGRIBIO
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative