Warning lights
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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Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
THE FARMCHIX COMPANY from Menen, company number BE0421974744, closed financial year 2025 with a result of € 193,402 after tax. For that financial year THE FARMCHIX COMPANY recorded revenue of € 41.8 million and equity of € 3.4 million. Compared with financial year 2024, the result moved from € 869,406 to € 193,402. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 3.4 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 193,402
▼ 78% vs 2024
Profit after tax over the fiscal year.
€ 500,591
▲ € 455,888 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3.1 million.
People and assets in 2025
72.8
▲ 7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5.1 million
▲ 21% vs 2024
€ 69,600 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.
€ 1.5 million
▲ 4% vs 2024
Of which on lease € 1.3 million.
Debts at end 2025
€ 7.6 million
€ 1.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 3.8 million
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 40 days on average.
€ 829,992
▲ 12% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 37,162,611 | € 36,575,083 | € 41,840,553 | ▲ 14% |
| Gross margin | € 4,160,610 | - | - | - | |
| Profit after taxes | € -112,751 | € 232,808 | € 869,406 | € 193,402 | ▼ 78% |
| Equity | € 2,151,369 | € 2,343,488 | € 3,199,732 | € 3,358,159 | ▲ 5% |
| Total debts | € 11,999,138 | € 14,592,001 | € 12,930,035 | € 13,298,299 | ▲ 3% |
| Cash | € 123,905 | € 431,351 | € 44,703 | € 500,591 | ▲ € 455,888 |
| Land & buildings | € 1,308,936 | € 1,246,472 | € 1,288,670 | € 1,244,032 | ▼ 3% |
| Retained profit | € 1,765,788 | € 1,998,596 | € 2,868,002 | € 3,061,404 | ▲ 7% |
| Bank debt | € 7,489,533 | € 8,532,311 | € 7,538,448 | € 7,558,211 | |
| Balance sheet total | € 14,150,507 | € 17,013,489 | € 16,207,766 | € 16,766,458 | ▲ 3% |
| Employees (FTE) | 55 | 60.3 | 65.8 | 72.8 | ▲ 7 |
Key figures of THE FARMCHIX COMPANY, 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 THE FARMCHIX COMPANY?
What happened at THE FARMCHIX COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 193,402 (▼ 78% vs 2024). Source: NBB ↗
- Poulco BV became a director. NBB
- Nugget BV became a director. NBB
- Pharos NV stepped down as director. NBB
- Paul Coussens stepped down as director. NBB
- Pharos NV became a director. NBB
- Paul Coussens became a director. NBB
- New establishment in Menen. KBO
In short
From € 112,751 loss in 2022 to € 193,402 profit in 2025.
Paid € 425,765 in corporate taxes since 2022.
Best year ever: 2024, with € 869,406 profit.
On average € 75,600 of value added per employee in 2022.
A new publication or filing at THE FARMCHIX COMPANY? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of PHAROS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
THE FARMCHIX COMPANYBehind THE FARMCHIX COMPANY are Poulco BV and Nugget BV. The shares are held by PHAROS (100%).
Directors
According to the 2025 annual accounts
Director · represented by Francis Coussens
Also active at: HOFKIP & CO, PHAROS, ALFA-MI, DOMUS CLAVIS
since 2025
Director · represented by Alexander Coussens
Also active at: HOFKIP & CO, PHAROS, ALFA-MI, DOMUS CLAVIS
since 2025
since 2022 · until 2025
since 2022 · until 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industrielaan 31
8930 Menen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0421.974.744
- VAT number
- BE 0421.974.744
- Registered office
- Industrielaan 31, 8930 Menen
- Names & denominations
- THE FARMCHIX COMPANY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 October 1981
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Verwerking en conservering van vlees van gevogelte
Productie van vers vlees van gevogelte
Detailhandel in vlees en vleesproducten, muv vlees van wild en van gevogelte
Groothandel in vlees van wild en van gevogelte
Detailhandel in vlees en vleeswaren