CLOET AGRI
ActiveSummary
CLOET AGRI has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €433k and a net result of €47k. Equity is growing by ~18.9% per year across the filed fiscal years. Its solvency ranks better than 26% of 651 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▼-2
Solvency44▼-6
Growth85=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.38 against 0.26 in 2023; short-term debt: 47.5% and cash: 0.6% of total assets), and 81.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · 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 →
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-07-2025, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
9 d early
2023
2 d early
2022
18 d late
2021
25 d late
2020
18 d late
2019
24 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€718k▲ 36.7%
2023 · €526k
2018: €129k
2019: €196k
2020: €219k
2021: €387k
2022: €491k
2023: €526k
2018 → 2024
EBIT margin
2.0%▲ 3.2pp
2023 · -1.2%
2018: -9.5%
2019: -6.8%
2020: 4.0%
2021: 18.5%
2022: -2.1%
2023: -1.2%
2018 → 2024
Net result
€47k▼ 29.2%
2023 · €66k
2018: €22k
2019: €9k
2020: €22k
2021: €95k
2022: €69k
2023: €66k
2018 → 2024
Working capital
€-689k▼ 13.3%
2023 · €-609k
2018: €-192k
2019: €-220k
2020: €-411k
2021: €-436k
2022: €-639k
2023: €-609k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€219k-€387k▲ 76.5%€491k▲ 26.9%€526k▲ 7.1%€718k▲ 36.7%
Equity€163k-€290k▲ 77.4%€316k▲ 9.0%€400k▲ 26.7%€433k▲ 8.2%
Operating result€9k-€72k▲ 721%€-11k€-6k▲ 39.4%€15k
Net result€22k-€95k▲ 324%€69k▼ 27.4%€66k▼ 4.0%€47k▼ 29.2%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €15k after a loss of €6k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.33M
Fixed assets
€1.92M ▲ 36.6%
Current assets
€418k ▲ 96.9%
Equity and liabilities €2.33M
Equity
€433k ▲ 8.2%
Provisions
€19k ▼ 19.9%
Debt
€1.88M ▲ 58.0%
Debt's share of the balance-sheet total rises from 73.8% to 80.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€261k▲
2023 · €197k
Cash flow
€293k▲
2023 · €269k
Current ratio
0.38▲
2023 · 0.26
Quick ratio
0.36▲
2023 · 0.23
Debt to equity
4.34▲
2023 · 2.97
ROE
10.8%▼
2023 · 16.5%
ROA
2.0%▼
2023 · 4.1%
Interest coverage
14.99▼
2023 · 17.79
Debt ≤ 1 year
€1.11M▲
2023 · €821k
Debt > 1 year
€774k▲
2023 · €370k
Income taxes
€261▲
2023 · €37
Staff costs
€1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 59 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.61M€2.33M▲
Fixed assets21/28€1.40M€1.92M▲
Intangible fixed assets21€89k€88k▼
Tangible fixed assets22/27€1.31M€1.83M▲
Land and buildings22€140k€358k▲
Plant, machinery and equipment23€789k€813k▲
Furniture and vehicles24€4k€1k▼
Leasing and similar rights25€381k€655k▲
Financial fixed assets28€277€277=
Current assets29/58€212k€418k▲
Stocks and contracts in progress3€24k€14k▼
Stocks30/36€24k€14k▼
Amounts receivable within one year40/41€121k€381k▲
Trade receivables40€121k€216k▲
Other amounts receivable41€22€165k▲
Current investments50/53€50k-
Cash at bank and in hand54/58€11k€14k▲
Deferred charges and accrued income490/1€7k€9k▲
Equity and liabilities
Total equity and liabilities10/49€1.61M€2.33M▲
Equity10/15€400k€433k▲
Contributions10/11€40k€40k=
Reserves13€73k€60k▼
Non-distributable reserves130/1-€4k
Reserves not available under the articles1311-€4k
Tax-exempt reserves132€69k€56k▼
Distributable reserves133€4k-
Profit (loss) carried forward14€287k€334k▲
Provisions and deferred taxes16€23k€19k▼
Deferred taxes168€23k€19k▼
Amounts payable17/49€1.19M€1.88M▲
Amounts payable after more than one year17€370k€774k▲
Financial debts170/4€370k€774k▲
Amounts payable within one year42/48€821k€1.11M▲
Current portion of amounts payable after more than one year42€120k€152k▲
Trade debts44€323k€375k▲
Suppliers440/4€323k€375k▲
Taxes, remuneration and social security45-€143
Taxes450/3-€143
Other amounts payable47/48€378k€581k▲
Income statement
Code20232024
Turnover70€526k€718k▲
Non-recurring operating income76A€15k€10k▼
Goods, raw materials, services and sundry goods60/61€342k€464k▲
Remuneration, social security and pensions62-€1k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€203k€246k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€199k€265k▲
Operating profit (loss)9901€-6k€15k▲
Financial income75/76B€66k€32k▼
Recurring financial income75€146€541▲
Non-recurring financial income76B€65k€31k▼
Financial charges65/66B€11k€17k▲
Recurring financial charges65€11k€17k▲
Profit (loss) for the period before taxes9903€48k€29k▼
Transfer from deferred taxes780€18k€18k▲
Income taxes67/77€37€261▲
Profit (loss) for the period9904€66k€47k▼
Profit (loss) for the period to be appropriated9905€66k€47k▼
Appropriation of the result
Profit (loss) to be appropriated9906€287k€334k▲
Profit (loss) brought forward from the previous period14P€221k€287k▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 18 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 25 days late
2021
31-12
Financial
Highest result since 2018net €95k ▲324%
Operating result €72k, net result €95k, both a record.
31-12
Financial
Equity above €200kEq €290k ▲77.4%
4 profitable years in a row build equity to €290k.
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 18 days late
2020
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €9k ▼59.8%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
2016
26-07
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
4 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, Enghien · 1 establishment unit since 2004
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.
Lekkernijstraat 37850 EnghienGround area
300 m²
Building footprint
113 m²
Volume, LiDAR
660 m³
Parcel 55025D0752/00A000, Wallonia · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lekkernijstraat 3, 7850 Enghien
since 20042.233.735.794
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55025D0752/00A000 | Wallonia | 300 m² | 1 · 113 m² | 7.1 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 siteEnghien/Edingen2.233.735.794
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DECOSTAGRI
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Of 20,588 companies in sector 01500 we hold annual accounts for 1,149. 918 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-08-2004
Fiscal year end31-12
Activities, NACEBEL 2025
01500Mixed farming
01110Growing of cereals (except rice), leguminous crops and oil seeds
01130Growing of vegetables, melons, roots and tubers
01610Support activities for crop production
77320Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:gregorycloet@gmail.com