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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ACLAGRO from Gent, company number BE0415256901, closed financial year 2025 with a result of € 2 million after tax. For that financial year ACLAGRO recorded revenue of € 94.1 million and equity of € 11.3 million. Compared with financial year 2024, the result moved from € 715,142 to € 2 million. 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 April 10, 2026.
€ 11.3 million
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2 million
▲ 181% vs 2024
Profit after tax over the fiscal year.
€ 3 million
▲ 46% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 500,000 paid out
25 % of the profit went to the shareholders, mostly to Square Group (100 % of the shares). That is where the money ends up.
People and assets in 2025
285.3
▼ 33.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 21.1 million
▼ 4% vs 2024
€ 74,000 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.
€ 626,348
▼ 34% vs 2024
Of which on lease € 579,904.
Debts at end 2025
€ 8.6 million
▼ 21% vs 2024
€ 276,525 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 16.5 million
▼ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 85 days on average.
€ 2.3 million
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 73,598,643 | € 83,086,367 | € 99,389,983 | € 94,051,486 | ▼ 5% |
| Profit after taxes | € 597,265 | € -1,779,563 | € 715,142 | € 2,008,369 | ▲ 181% |
| Equity | € 10,909,323 | € 9,125,771 | € 9,836,924 | € 11,341,304 | ▲ 15% |
| Total debts | € 29,514,520 | € 39,080,827 | € 39,579,134 | € 30,865,297 | ▼ 22% |
| Cash | € 2,976,504 | € 2,483,962 | € 2,065,867 | € 3,013,481 | ▲ 46% |
| Retained profit | € 10,215,339 | € 8,435,777 | € 9,150,919 | € 10,659,288 | ▲ 16% |
| Dividend | € 0 | € 0 | € 0 | € 500,000 | |
| Bank debt | € 9,944,223 | € 11,472,603 | € 10,950,641 | € 8,625,419 | ▼ 21% |
| Balance sheet total | € 41,066,624 | € 48,787,935 | € 49,985,433 | € 42,598,795 | ▼ 15% |
| Employees (FTE) | 306.9 | 303.6 | 318.6 | 285.3 | ▼ 33.3 |
Key figures of ACLAGRO, 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 ACLAGRO?
What happened at ACLAGRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jean-Marie De Buck stepped down as director. NBB
- Square Group stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2 million (▲ 181% vs 2024). Source: NBB ↗
- Jean-Marie De Buck became a director. NBB
- Square Group became a director. NBB
- New establishment in Evergem. KBO
- New establishment in Heist-op-den-Berg. KBO
- New establishment in Gent. KBO
In short
From € 597,265 profit in 2022 to € 2 million profit in 2025.
Paid € 987,708 in corporate taxes since 2022.
Best year ever: 2025, with € 2 million profit.
Paid out € 500,000 in dividends to the owners in total.
Management
The shares are held by Square Group (100%). It owns 100% of MICHIELS AANNEMINGEN itself.
Directors
According to the 2025 annual accounts
Jean-Marie De Buck
Chairman of the board
Also active at: D.D. SHIPPING, LT CAPITAL & ADVICE, LOGISTIEK PLATFORM PUURS, Capribel Invest, Square Private Equity
since 2023 · until 2029
Managing director · represented by Sylva Mannens
Also active at: MICHIELS AANNEMINGEN, D.D. SHIPPING, Oryx Projects, AC MATERIALS, LOGISTIEK PLATFORM PUURS
since 2023 · until 2029
Shareholders
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Industrieweg 74
9032 Gent
Industrieweg 74 box .
9032 Gent
Active since 26 June 2006
Impulsstraat 24
2220 Heist-op-den-Berg
Active since 1 October 2021
Christoffel Columbuslaan 20
9940 Evergem
Active since 1 September 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →THV INFRA A11 (ASWEBO - ACLAGRO)
THV ACLAGRO - ENVISAN
thv aclagro-bsv-carmans bt
THV Aclagro - BSV - Carmans BT -2
TM ACLAGRO-BSV-CARMANS BT-RO 190702
+7 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Website info
Features
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Details
- Company number
- 0415.256.901
- VAT number
- BE 0415.256.901
- Registered office
- Industrieweg 74, 9032 Gent
- Names & denominations
- ACLAGRO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 1975
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- aclagro.be +3250402000
- Activities · NACE
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