SPECIAL FRUIT

Active

Public limited companyfounded 1990active for 36 yearsEuropastraat 36, 2321 Hoogstraten, BelgiumKBO/BCE: BE 0440.429.389

Summary

SPECIAL FRUIT has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.4m and a net result of €2.0m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 6,158 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisFollow Report Compare

SPECIAL FRUITActiveChecked score 82/100

Risk analysis Report Compare

Activity

Wholesale of fruit and vegetables, excluding potatoes

NACE 46319

2nd largest employer in Hoogstraten, Wholesale and retail trade sector2 sites

Size

€207.0mturnover 2025

Staff: 125 FTE
Equity: €5.4m
Profit: €2.0m

Financial health

82 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.4%

Structure

Parent: Mago Holding · 88.4%
Holdings: 1

FERKASManaging director · permanent representative Ann Celen
Nexus FruitDirector · permanent representative Guy Reyniers
SISU ConnectDirector · permanent representative Elke Vaes

Auditor: BDO Bedrijfsrevisoren2025 accounts 56 days early

Why 82raises riskLiquidity: current ratio 1.37, cash €347,670Equity €5.4m (21.7% of total assets)Size: turnover €207.0m, 125 FTE, total assets €24.8mlowers riskProfit of €2.0m (financial year 2025)Show the evidence

Checked score

Score 2025

82 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 43% of its sector peers (NACE 46, medium-sized)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 47+6

equity 21.7% of total assets

Liquidity 20-1

short-term debt 60.8% · cash 1.4%

Profitability 61=

return on assets 8.1%

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (745 companies, NACE 46, medium-sized)

Last 24 months 11-2024: 1.2% 12-2024: 1.2%● unchanged vs 11-2024 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.2%● unchanged vs 04-2025 06-2025: 1.2%● unchanged vs 05-2025 07-2025: 1.4%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 0.5%▼ -0.9 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.4%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: 0.4%● unchanged vs 07-2026lowest value 09-2026: 0.4%● unchanged vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026lowest value

Credit of up to €440,000 on 30-day terms is acceptable

Liquidity tight (current ratio 1.37, compared with 1.24 in 2024, below the usual 1.5; short-term debt: 60.8% and cash: 1.4% of total assets), and 78.3% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, medium-sized): better than 27% on solvency, 21% on liquidity, 51% on profitability and 75% on growth.

The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.

lowers riskraises riskneutral

Liquidity: current ratio 1.37, cash €347,670

NBB · annual accounts

Equity €5.4m (21.7% of total assets)

NBB · annual accounts

Size: turnover €207.0m, 125 FTE, total assets €24.8m

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Profit of €2.0m (financial year 2025)

NBB · annual accounts

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 6158 sector peers (2025).

NBB · sector comparison

Position among 6158 sector peers

Solvency

better than 24%

← weakest strongest →

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year €5.4m

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-06-2026, 56 days ahead of the deadline.

NBB · 8 filings

Deviation from the deadline

2025

56 days early

2024

26 days early

2023

28 days early

2022

54 days early

2021

23 days early

2020

2 days early

2019

31 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 31 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 July (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

31-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

05-06-2026 Annual accounts filedfinancial year 2025 · full…
05-05-2026 Resignations: TIBESA, HISTRIO and 5 othersPermanent representatives: Patrick De Schutter…
31-12-2025 Highest result from 2018 to 2025net €2.0m ▲16.3%

Key points

Caution: Board changedlatest change 14-04-2026 · 3 in office 2 joined · 7 left View
Positive: 2nd largest employer in Hoogstraten, Wholesale and retail trade sectorin the Checked rankings No. 2 View
Positive: Equity rose in 2025from €3.4m to €5.4m ▲ 59.4% View
Positive: Always filed on timeaccounts within the deadline every year 8 years View
Controlled by Mago Holding 88.4% View
Positive: 3 years of growth in a rowturnover 2025: €207.0m 3 years View

By topic

Financials

Financial year: 2025
Turnover: €207.0m
Profit: €2.0m
Solvency: 21.7%

Turnover▲ 4.0%

Net result

20182025

Go to Financials

Board & ownership

Board: 3 members
Parent: Mago Holding · 88.4%
Auditor: BDO Bedrijfsrevisoren

FERKASManaging director
Nexus FruitDirector
SISU ConnectDirector

Go to Board & ownership

Network & group

Holdings: 1
Connected companies: 33
Mergers and asset contributions: 2

1 holding

Go to Network & group

Timeline

Events: 78
Since: 1992
Next accounts: by 31-07-2027

31-12-2025Equity above €5m
05-07-2025Annual accounts filed
30-05-2025Appointments: FERKAS, CFMS and Harmonie & Partners

Go to Timeline

Company details

Sites: 2

Legal form: Public limited company
Activity: Wholesale of fruit and vegetables, excluding potatoesNACE 46319
Founded: 07-04-1990
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 1

See the provisions in the deeds

Go to Articles of association

Key facts about SPECIAL FRUIT

What is the company number of SPECIAL FRUIT?: 0440.429.389. In Belgium the VAT number is the company number with BE in front: BE 0440.429.389.
Where is SPECIAL FRUIT based?: The registered office is at Europastraat 36, 2321 Hoogstraten.Company details
What does SPECIAL FRUIT do?: According to the KBO register, the main activity is wholesale of fruit and vegetables, excluding potatoes (NACE 46319).
What is the legal form of SPECIAL FRUIT?: Public limited company (NV).
When was SPECIAL FRUIT founded?: On 07-04-1990.
Is SPECIAL FRUIT still active?: Yes, SPECIAL FRUIT is an active enterprise in the KBO register.
How many employees does SPECIAL FRUIT have?: On average 125 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SPECIAL FRUIT?: €207.0m in financial year 2025, according to the filed annual accounts.
Is SPECIAL FRUIT profitable?: In financial year 2025, SPECIAL FRUIT made a profit of €2.0m.
Where can I find the annual accounts of SPECIAL FRUIT?: SPECIAL FRUIT filed 47 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SPECIAL FRUIT due?: By 31-07-2027, for financial year 2026.Timeline