BIOFRUTA

Active

Private limited companyfounded 201214 yrs activeBrusselsepoortstraat 10, 9000 Gent, BelgiumKBO/BCE: BE 0845.249.387

BIOFRUTA has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.53M and a net result of €129k. Equity is growing by ~16% per year across the filed fiscal years. Its solvency ranks better than 77% of 1696 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Watch Print / PDF

Checked score

Score 2024

81 / 100

Excellent

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability76▼-2

Solvency93▲+6

Growth78=

Track record100

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €120k at 30 days acceptable

Liquidity ample (current ratio 1.66 against 1.03 in 2023; short-term debt: 6.2% and cash: 0.7% of total assets), and 31.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk○neutral

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 →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

68.1%

Return on assets

5.7%

Age of the figures

21 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

30 d early

2023

50 d early

2022

40 d early

2021

6 d early

2020

13 d early

2019

59 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity

€1.53M▲ 9.2%

2023 · €1.40M

2018: €591k 2019: €685k 2020: €1.29M 2021: €1.28M 2022: €1.28M 2023: €1.40M

2018 → 2024

Total assets

€2.25M▼ 1.3%

2023 · €2.28M

2018: €2.08M 2019: €2.00M 2020: €2.19M 2021: €1.98M 2022: €2.01M 2023: €2.28M

2018 → 2024

Net result

€129k▼ 26.0%

2023 · €174k

2018: €94k 2019: €95k 2020: €601k 2021: €54k 2022: €83k 2023: €174k

2018 → 2024

Working capital

€92k▲ 1,462%

2023 · €6k

2018: €-284k 2019: €-404k 2020: €89k 2021: €9k 2022: €-70k 2023: €6k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€1.29M-€1.28M▼ 0.5%€1.28M▼ 0.2%€1.40M▲ 9.7%€1.53M▲ 9.2%

Operating result€127k-€97k▼ 23.8%€136k▲ 40.4%€143k▲ 4.8%€210k▲ 47.0%

Net result€601k-€54k▼ 91.0%€83k▲ 53.7%€174k▲ 110%€129k▼ 26.0%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

After the dip in 2021 the operating result has climbed three years in a row; 2024 is 47% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €2.25M

89.7%

10%

Fixed assets €2.02M▼ 1.0%

Current assets €233k▼ 3.1%

Equity and liabilities €2.25M

68.1%

31.9%

Equity €1.53M▲ 9.2%

Debt €717k▼ 18.0%

The debt ratio falls from 38.4% to 31.9%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€231k▲

2023 · €174k

Cash flow

€150k▼

2023 · €205k

Solvency

68.1%▲

2023 · 61.6%

Current ratio

1.66▲

2023 · 1.03

Quick ratio

1.66▲

2023 · 1.03

Debt / equity

0.47▼

2023 · 0.62

ROE

8.4%▼

2023 · 12.4%

ROA

5.7%▼

2023 · 7.6%

Interest coverage

8.23▲

2023 · 6.74

Debt

€717k▼

2023 · €874k

Debt ≤ 1 year

€140k▼

2023 · €234k

Debt > 1 year

€575k▼

2023 · €629k

Income taxes

€55k▲

2023 · €45k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€2.28M€2.25M▼

Fixed assets21/28€2.04M€2.02M▼

Tangible fixed assets22/27€248k€227k▼

Land and buildings22€246k€226k▼

Plant, machinery and equipment23€534€336▼

Furniture and vehicles24€1k€647▼

Financial fixed assets28€1.79M€1.79M=

Current assets29/58€240k€233k▼

Amounts receivable within one year40/41€239k€217k▼

Trade receivables40€162k€204k▲

Other amounts receivable41€77k€13k▼

Cash at bank and in hand54/58€773€16k▲

Equity and liabilities

Total equity and liabilities10/49€2.28M€2.25M▼

Equity10/15€1.40M€1.53M▲

Contributions10/11€12k€12k=

Reserves13€1.39M€1.52M▲

Non-distributable reserves130/1€0-

Reserves not available under the articles1311€0-

Distributable reserves133€1.39M€1.52M▲

Profit (loss) carried forward14€0€0=

Amounts payable17/49€874k€717k▼

Amounts payable after more than one year17€629k€575k▼

Financial debts170/4€629k€575k▼

Amounts payable within one year42/48€234k€140k▼

Current portion of amounts payable after more than one year42€137k€79k▼

Trade debts44€11k€38k▲

Suppliers440/4€11k€38k▲

Taxes, remuneration and social security45€39k€22k▼

Taxes450/3€33k€16k▼

Remuneration and social security454/9€5k€5k▲

Other amounts payable47/48€48k€2k▼

Accrued charges and deferred income492/3€11k€2k▼

Income statement Code20232024

Non-recurring operating income76A€509€0▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€21k▼

Other operating charges640/8€3k€2k▼

Gross operating margin9900€176k€234k▲

Operating profit (loss)9901€143k€210k▲

Financial income75/76B€102k€2k▼

Recurring financial income75€102k€2k▼

Financial charges65/66B€26k€28k▲

Recurring financial charges65€26k€28k▲

Profit (loss) for the period before taxes9903€219k€184k▼

Income taxes67/77€45k€55k▲

Profit (loss) for the period9904€174k€129k▼

Profit (loss) for the period to be appropriated9905€174k€129k▼

Appropriation of the result

Profit (loss) to be appropriated9906€183k€129k▼

Profit (loss) brought forward from the previous period14P€9k€0▼

Transfer from equity791/2€50k€0▼

Transfer to equity691/2€183k€129k▼

To other reserves6921€183k€129k▼

Profit to be distributed694/7€50k€0▼

Return on contributions (dividend)694€50k€0▼

Social balance

Average headcount (FTE)90870.00.0=

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

2025

01-07

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

11-06

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

21-06

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

25-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Weakest financial yearnet €54k ▼91%

Net result drops to €54k, the lowest in the series; recovery starts the following year.

18-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

31-12

Financial Highest result since 2018net €601k ▲536%

Net result €601k, the highest in the series.

31-12

Financial Liquidity quadruplescurrent ratio 1.31

Current ratio from 0.30 to 1.31; short-term debt falls from €575k to €290k.

31-12

Financial Equity above €1MEq €1.29M ▲87.7%

3 profitable years in a row build equity to €1.29M.

02-06

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema

2019

29-07

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

29-06

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

06-06

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema

2016

18-07

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2023

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

16-10-2023 Resigned as Director

Location & real-estate footprint

Registered office, Gent · 1 establishment unit since 2012

establishment The establishment unit on the map

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.

Brusselsepoortstraat 109000 Gent

Ground area

1,516 m²

Building footprint

500 m²

Volume, LiDAR

7,191 m³

2 parcels, Flanders · tallest building 21.5 m, ±6 floors. Linked by address, not a title deed.

1 establishment unit

BIOFRUTA

Korsele 30, 9667 HorebekeGrowing of vegetables, melons, roots and tubers

since 20122.209.745.914

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
45048A0579/00H000 ProtectedTownscape or village viewWijk CorseeleSource ↗	Flanders	1,195 m²	1 · 185 m²	10.6 m · 2 fl.
44804D3434/00B000	Flanders	321 m²	1 · 315 m²	21.5 m · 6 fl.