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 41 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
AGRECO from Lasne, company number BE0437781388, closed financial year 2024 with a result of € 8,884 after tax. For that financial year AGRECO recorded a gross margin of € 47,598 and equity of € 706,665. Compared with financial year 2023, the result moved from € 397,102 to € 8,884. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2025.
€ 706,665
▲ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,884
▼ 98% vs 2023
Profit after tax over the fiscal year.
€ 101,614
▲ 3% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 217,928.
People and assets in 2024
€ 560
▼ 24% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 406,698
▼ 5% vs 2023
€ 215,669 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 48,430
▲ 240% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 52,883 | € 79,491 | - | - | |
| Gross margin | € 8,866 | € 19,105 | € 481,233 | € 47,598 | ▼ 90% |
| Profit after taxes | € -120,620 | € -64,749 | € 397,102 | € 8,884 | ▼ 98% |
| Equity | € 365,428 | € 300,679 | € 697,781 | € 706,665 | ▲ 1% |
| Total debts | € 1,432,385 | € 1,304,774 | € 533,870 | € 514,583 | ▼ 4% |
| Cash | € 101,427 | € 120,488 | € 98,817 | € 101,614 | ▲ 3% |
| Land & buildings | € 1,232,579 | € 1,228,550 | € 823,254 | € 814,379 | ▼ 1% |
| Retained profit | € -123,308 | € -188,057 | € 209,045 | € 217,928 | ▲ 4% |
| Bank debt | € 1,229,463 | € 1,199,965 | € 429,113 | € 406,698 | ▼ 5% |
| Balance sheet total | € 1,797,813 | € 1,605,453 | € 1,231,651 | € 1,221,247 | ▼ 1% |
Key figures of AGRECO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to AGRECO?
What happened at AGRECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 8,884 (▼ 98% vs 2023). filed late Source: NBB ↗
- New establishment in Lasne. KBO
- Start of the company according to the CBE. KBO
In short
From € 120,620 loss in 2021 to € 8,884 profit in 2024.
Paid € 16,258 in corporate taxes since 2021.
Best year ever: 2023, with € 397,102 profit.
Management
Behind AGRECO are Christophe DELWART, Valentin DELWART, Antoinette ORTS, Benoît DELWART, Capucine DELWART and Sophie Fleur DELWART. Valentin DELWART is also behind EPITHETE and Pierre-Olivier LOIX & Valentin DELWART, notaires associés. Benoît DELWART is also behind Solidaritas-Centre de Rééducation de l'Enfance a Bruxelles.
Directors
According to the 2024 annual accounts
Christophe DELWART
Director
Valentin DELWART
Director
Also active at: EPITHETE, Pierre-Olivier LOIX & Valentin DELWART, notaires associés
Antoinette ORTS
Director
Benoît DELWART
Managing director
Also active at: Solidaritas-Centre de Rééducation de l'Enfance a Bruxelles
Capucine DELWART
Director
Sophie Fleur DELWART
Director
Establishments
Establishment units
Physical locations of this company
Chemin de Nivelles 1
1380 Lasne
Chemin de Nivelles 2
1380 Lasne
Active since 24 July 1990
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.781.388
- VAT number
- BE 0437.781.388
- Registered office
- Chemin de Nivelles 1, 1380 Lasne
- Names & denominations
- AGRECO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 June 1989
- Peppol
- Active · Active since 8 Jan 2026
- Activities · NACE
Teelt van andere granen dan rijst, en van peulgewassen en oliehoudende zaden
Exploitatie van bossen
Bosexploitatie