Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 18.6 to 11.8.
Financials
Financial year 2025
Solidagro from Sint-Niklaas, company number BE0410757386, closed financial year 2025 with a result of € 7,584 after tax. For that financial year Solidagro recorded a gross margin of € 2.6 million and equity of € 331,057. Compared with financial year 2024, the result moved from € 7,486 to € 7,584. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.
€ 331,057
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,584
▲ 1% vs 2024
Profit after tax over the fiscal year.
€ 107,002
▼ 79% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
11.8
▼ 6.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 13% vs 2024
€ 90,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 28,046
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 134,601
▼ 18% vs 2024
€ 30,645 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 49,640
▼ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 112,751
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,167,452 | € 2,440,118 | € 3,007,690 | € 2,621,477 | ▼ 13% |
| Profit after taxes | € -19,497 | € 5,343 | € 7,486 | € 7,584 | ▲ 1% |
| Equity | € 310,644 | € 315,987 | € 323,473 | € 331,057 | ▲ 2% |
| Total debts | € 1,188,445 | € 1,581,677 | € 1,126,479 | € 769,822 | ▼ 32% |
| Cash | € 675,999 | € 875,651 | € 509,175 | € 107,002 | ▼ 79% |
| Land & buildings | € 452,426 | € 407,455 | € 362,484 | € 317,513 | ▼ 12% |
| Retained profit | € 310,644 | € 315,987 | € 323,473 | € 331,057 | ▲ 2% |
| Bank debt | € 239,187 | € 201,810 | € 164,655 | € 134,601 | ▼ 18% |
| Balance sheet total | € 1,499,089 | € 1,909,664 | € 1,461,952 | € 1,124,879 | ▼ 23% |
| Employees (FTE) | 19.3 | 18.6 | 18.2 | 11.8 | ▼ 6.4 |
Key figures of Solidagro, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Solidagro?
What happened at Solidagro in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New establishment in Sint-Niklaas. KBO
- New annual accounts for financial year 2025: profit of € 7,584 (▲ 1% vs 2024). Source: NBB ↗
- Els Cant stepped down as director. NBB
- Petra Vercruysse stepped down as director. NBB
- Philip De Klerck stepped down as director. NBB
- Leo Foubert stepped down as director. NBB
- Paul Verbeke stepped down as director. NBB
- Marc Peeters stepped down as director. NBB
In short
From € 19,497 loss in 2022 to € 7,584 profit in 2025.
Best year ever: 2025, with € 7,584 profit.
On average € 222,200 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Els Cant
Director
since 2020 · until 2026
Petra Vercruysse
Director
Also active at: Ubuntu Achtkanter, COMFORTE, Geïntegreerde Zorg voor een Betere Gezondheid Pilootproject De Brug, Dienst Ondersteuningsplan West-Vlaanderen
since 2023 · until 2026
Philip De Klerck
Director
since 2017 · until 2026
Leo Foubert
Director
since 2020 · until 2026
since 2019 · until 2025
Paul Verbeke
Chairman of the board, Director
since 2019 · until 2026
Marc Peeters
Director
since 2009 · until 2026
Establishments
Establishment units
Physical locations of this company
Mercatorstraat 81
9100 Sint-Niklaas
Heistraat 135 box b
9100 Sint-Niklaas
Active since 20 July 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0410.757.386
- VAT number
- BE 0410.757.386
- Registered office
- Mercatorstraat 81, 9100 Sint-Niklaas
- Names & denominations
- Solidagro
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 4 October 1964
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Verenigingen op het vlak van ontwikkelingssamenwerking