AGRO 2000
InactiveNo longer registered with the KBO; last annual accounts for fiscal year 2022.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2022 was due by 30-06-2023 and was filed on 01-12-2022, 211 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2022
211 d early
2021
34 d early
2020
33 d early
2019
2 d early
2018
7 d late
2017
48 d late
2016
20 d early
← before the deadline
after the deadline →
Financials · fiscal year 2022, abbreviated schema
Equity
€731k▼ 7.7%
2021 · €793k
2018: €899k
2019: €840k
2020: €543k
2021: €793k
2018 → 2022
Total assets
€731k▼ 31.4%
2021 · €1.07M
2018: €1.99M
2019: €2.21M
2020: €2.79M
2021: €1.07M
2018 → 2022
Net result
€-61k
2021 · €250k
2018: €-128k
2019: €-59k
2020: €-197k
2021: €250k
2018 → 2022
Working capital
€863k▲ 38.5%
2020 · €623k
2018: €932k
2019: €881k
2020: €623k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€899k-€840k▼ 6.6%€543k▼ 35.4%€793k▲ 46.1%€731k▼ 7.7%
Operating result€-126k-€-57k▲ 54.7%€-202k▼ 254%€260k€-66k
Net result€-128k-€-59k▲ 53.8%€-197k▼ 234%€250k€-61k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €66k after €260k in 2021.
Key figures and ratios
EBITDA
€-65k▼
2021 · €264k
Cash flow
€-61k▼
2021 · €254k
Solvency
100.0%▲
2021 · 74.4%
ROE
-8.4%▼
2021 · 31.5%
ROA
-8.4%▼
2021 · 23.5%
Interest coverage
-37.55▼
2021 · 19.31
Income taxes
€21▼
2021 · €24
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€1.07M€731k▼
Fixed assets21/28€13k-
Intangible fixed assets21€163-
Tangible fixed assets22/27€8k-
Plant, machinery and equipment23€1k-
Furniture and vehicles24€7k-
Financial fixed assets28€4k-
Current assets29/58€1.05M€731k▼
Amounts receivable within one year40/41€1.05M-
Trade receivables40€135k-
Other amounts receivable41€915k-
Cash at bank and in hand54/58-€731k
Deferred charges and accrued income490/1€3k-
Equity and liabilities
Total equity and liabilities10/49€1.07M€731k▼
Equity10/15€793k€731k▼
Contributions10/11€60k€60k=
Reserves13€733k€733k=
Tax-exempt reserves132€50k€50k=
Distributable reserves133€683k€683k=
Profit (loss) carried forward14-€-61k
Amounts payable17/49€273k-
Amounts payable within one year42/48€190k-
Current portion of amounts payable after more than one year42€1k-
Financial debts43€68k-
Other loans439€68k-
Trade debts44€120k-
Suppliers440/4€120k-
Accrued charges and deferred income492/3€83k-
Income statement
Code20212022
Non-recurring operating income76A€780k€6k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€163▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-226k-
Other operating charges640/8€198k€432▼
Gross operating margin9900€235k€-65k▼
Operating profit (loss)9901€260k€-66k▼
Financial income75/76B€4k€8k▲
Recurring financial income75€4k€8k▲
Financial charges65/66B€14k€4k▼
Recurring financial charges65€14k€2k▼
Non-recurring financial charges66B-€2k
Profit (loss) for the period before taxes9903€250k€-61k▼
Income taxes67/77€24€21▼
Profit (loss) for the period9904€250k€-61k▼
Profit (loss) for the period to be appropriated9905€250k€-61k▼
Appropriation of the result
Profit (loss) to be appropriated9906€250k€-61k▼
Transfer to equity691/2€250k-
To other reserves6921€250k-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2022
01-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €250k
Net result €250k after 3 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 5.54
Current ratio from 1.29 to 5.54; short-term debt falls from €2.15M to €190k.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-197k
Net result drops to €-197k, the lowest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
20-07
State Gazette act
General meeting · Demerger
Capital increase · Share issue · Patrick Coppieters 't Wallant
26-05
State Gazette act
Demerger · Corporate purpose
Accounting effect · Share issue
2019
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 7 days late
2018
17-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 48 days late
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
06-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
27-03
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
30-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 19 acts read
About the unread acts
We know of 19 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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Structure & network
Acquisitions and mergers
2 transactionsReceived a contribution from:Arvesta Belgium
Contributed a business line to:ARVESTA BELGIUM