What does AGRICON do?

AGRICON is a wholesaler in Balen. Public Limited, started on 19 September 1997, 1 establishment.

What is the address of AGRICON?

The registered office of AGRICON is located at Boomschorsweg 20, 2490 Balen.

Is AGRICON still active?

Yes. According to the CBE (29 October 2026) AGRICON is active, legal situation “Normale toestand”, started on 19 September 1997.

Is AGRICON registered on Peppol?

Yes, AGRICON is registered on the Peppol network with ID 0208:0461486408.

What is the enterprise number of AGRICON?

The enterprise number of AGRICON is BE0461486408.

When was AGRICON founded?

AGRICON was founded on 19 September 1997.

Who are the directors of AGRICON?

According to the 2025 annual accounts, the directors of AGRICON are: Daniel Convens, Tom Smets BV, Guido Convens, Luc Convens.

Is AGRICON a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 September 1997; 4 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did AGRICON make in 2025?

AGRICON posted a profit after taxes of € 356,978 in financial year 2025.

What is the revenue of AGRICON?

In its most recent annual accounts (2025), AGRICON reported revenue of € 65,799,944.

How much does an employee at AGRICON earn?

The average wage cost per full-time employee at AGRICON was € 68,800 in 2025: staff costs of € 1.2 million for 17.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does AGRICON have?

According to the 2025 annual accounts, AGRICON has 17.4 full-time equivalents (FTE).

AGRICON (Public Limited) - Balen - BE0461486408

Dossier AGRICON, printed on 29 October 2026 from databakkes.be/en/0461486408/agricon. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 51 % of short-term debt in 2025; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 28.1 to 17.4.

Financials

Financial year 2025

AGRICON from Balen, company number BE0461486408, closed financial year 2025 with a result of € 356,978 after tax. For that financial year AGRICON recorded revenue of € 65.8 million and equity of € 8.3 million. Compared with financial year 2024, the result moved from € -250,113 to € 356,978. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 3, 2026.

What it is worth Healthy

€ 8.3 million

▼ 1% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 356,978

▲ still € 250,113 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1 million

▼ 41% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 7.3 million.

People and assets in 2025

Full-time equivalents

17.4

▼ 9.6 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 11.8 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 1.2 million

▼ 15% vs 2024

€ 68,800 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.

Vehicles and equipment

€ 6.9 million

▼ 14% vs 2024

Of which on lease € 6.3 million.

Debts at end 2025

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 5.4 million

▼ 47% vs 2024

€ 1 million is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 11.3 million

▲ 104% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 68 days on average.

Taxes and wages

€ 101,478

▲ 9% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 36,211,368 Revenue 2022: € 36,211,368 First fiscal year in the series	€ 38,448,098 Revenue 2023: € 38,448,098 ▲ 6% vs 2022 (€ 36,211,368) Favourable step	€ 40,189,619 Revenue 2024: € 40,189,619 ▲ 5% vs 2023 (€ 38,448,098) Favourable step	€ 65,799,944 Revenue 2025: € 65,799,944 ▲ 64% vs 2024 (€ 40,189,619) Favourable step	▲ 64%
Profit after taxes	€ 1,470,534 Profit after taxes 2022: € 1,470,534 First fiscal year in the series	€ 1,101,755 Profit after taxes 2023: € 1,101,755 ▼ 25% vs 2022 (€ 1,470,534) Unfavourable step	€ -250,113 Profit after taxes 2024: € -250,113 ▼ € 1.4 million vs 2023 (€ 1,101,755) Unfavourable step	€ 356,978 Profit after taxes 2025: € 356,978 ▲ € 607,091 vs 2024 (€ -250,113) Favourable step	▲ € 607,091
Equity	€ 6,565,102 Equity 2022: € 6,565,102 First fiscal year in the series	€ 8,842,593 Equity 2023: € 8,842,593 ▲ 35% vs 2022 (€ 6,565,102) Favourable step	€ 8,405,599 Equity 2024: € 8,405,599 ▼ 5% vs 2023 (€ 8,842,593) Unfavourable step	€ 8,319,097 Equity 2025: € 8,319,097 ▼ 1% vs 2024 (€ 8,405,599) Unfavourable step	▼ 1%
Total debts	€ 9,126,658 Total debts 2022: € 9,126,658 First fiscal year in the series	€ 16,470,526 Total debts 2023: € 16,470,526 ▲ 80% vs 2022 (€ 9,126,658) Unfavourable step	€ 16,140,630 Total debts 2024: € 16,140,630 ▼ 2% vs 2023 (€ 16,470,526) Favourable step	€ 24,863,794 Total debts 2025: € 24,863,794 ▲ 54% vs 2024 (€ 16,140,630) Unfavourable step	▲ 54%
Cash	€ 622,761 Cash 2022: € 622,761 First fiscal year in the series	€ 691,722 Cash 2023: € 691,722 ▲ 11% vs 2022 (€ 622,761) Favourable step	€ 1,749,913 Cash 2024: € 1,749,913 ▲ 153% vs 2023 (€ 691,722) Favourable step	€ 1,032,694 Cash 2025: € 1,032,694 ▼ 41% vs 2024 (€ 1,749,913) Unfavourable step	▼ 41%
Land & buildings	€ 594,404 Land & buildings 2022: € 594,404 First fiscal year in the series	€ 260,237 Land & buildings 2023: € 260,237 ▼ 56% vs 2022 (€ 594,404) Unchanged	-	-
Retained profit	€ 6,108,102 Retained profit 2022: € 6,108,102 First fiscal year in the series	€ 7,209,857 Retained profit 2023: € 7,209,857 ▲ 18% vs 2022 (€ 6,108,102) Favourable step	€ 6,959,744 Retained profit 2024: € 6,959,744 ▼ 3% vs 2023 (€ 7,209,857) Unfavourable step	€ 7,316,722 Retained profit 2025: € 7,316,722 ▲ 5% vs 2024 (€ 6,959,744) Favourable step	▲ 5%
Bank debt	€ 4,433,463 Bank debt 2022: € 4,433,463 First fiscal year in the series	€ 8,895,268 Bank debt 2023: € 8,895,268 ▲ 101% vs 2022 (€ 4,433,463) Unfavourable step	€ 10,099,534 Bank debt 2024: € 10,099,534 ▲ 14% vs 2023 (€ 8,895,268) Unfavourable step	€ 5,378,453 Bank debt 2025: € 5,378,453 ▼ 47% vs 2024 (€ 10,099,534) Favourable step	▼ 47%
Balance sheet total	€ 15,766,760 Balance sheet total 2022: € 15,766,760 First fiscal year in the series	€ 25,729,928 Balance sheet total 2023: € 25,729,928 ▲ 63% vs 2022 (€ 15,766,760) Unchanged	€ 24,852,276 Balance sheet total 2024: € 24,852,276 ▼ 3% vs 2023 (€ 25,729,928) Unchanged	€ 33,435,294 Balance sheet total 2025: € 33,435,294 ▲ 35% vs 2024 (€ 24,852,276) Unchanged	▲ 35%
Employees (FTE)	25.5 Employees (FTE) 2022: 25.5 First fiscal year in the series	28.1 Employees (FTE) 2023: 28.1 ▲ 2.6 vs 2022 (25.5) Unchanged	27 Employees (FTE) 2024: 27 ▼ 1.1 vs 2023 (28.1) Unchanged	17.4 Employees (FTE) 2025: 17.4 ▼ 9.6 vs 2024 (27) Unchanged	▼ 9.6

Key figures of AGRICON, 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 AGRICON?

What happened at AGRICON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Daniel Convens stepped down as director. NBB
2029 Tom Smets BV stepped down as director. NBB
2029 Guido Convens stepped down as director. NBB
2029 Luc Convens stepped down as director. NBB
Jun 3, 2026 New annual accounts for financial year 2025: profit of € 356,978. Source: NBB ↗
2023 Daniel Convens became a director. NBB
2023 Tom Smets BV became a director. NBB
2023 Guido Convens became a director. NBB

In short

From € 1.5 million profit in 2022 to € 356,978 profit in 2025.

Paid € 564,361 in corporate taxes since 2022.

Best year ever: 2022, with € 1.5 million profit.

Pays suppliers within 68 days on average.

Original PDFs at the National Bank ↗

Management

AGRICON GROUP 100%

COVERCO 82.5%

Smets Tom 5%

The stake of AGRICON GROUP, COVERCO, Smets Tom comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

AGRICON

The shares are held by AGRICON GROUP (100%), COVERCO (82.5%) and Smets Tom (5%).

Directors

According to the 2025 annual accounts

Daniel Convens

Director

Also active at: BEAVER INVESTMENT GROUP, AGRICON GROUP

since 2023 · until 2029

Tom Smets BV

Director · represented by Tom Smets

since 2023 · until 2029

Guido Convens

Managing director

Also active at: CONVENS, CONVENS & DOCHTERS

since 2023 · until 2029

Luc Convens

Managing director

Also active at: CONVENS, AGRICON GROUP

since 2023 · until 2029

Shareholders

AGRICON GROUP

100%

COVERCO

82.5%

Smets Tom

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Boomschorsweg 20

2490 Balen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

WOODPECKER COMPANY

€ 50.4 million revenue · 2025

AGRICON GROUP same network

€ 3 million revenue · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0461.486.408

VAT number

BE 0461.486.408

Registered office

Boomschorsweg 20, 2490 Balen

Names & denominations

AGRICON

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

19 September 1997

Peppol

Active · Active since 22 Apr 2026

Activities · NACE

Groothandel in hout

Overige niet-gespecialiseerde detailhandel

Goederenvervoer over de weg

Groothandel in bouwmaterialen, algemeen assortiment

Vervaardiging van overige machines en apparaten voor algemeen gebruik, neg

Groothandel in andere machines en werktuigen, neg

Verhuur van vrachtwagens met bestuurder

Detailhandel via postorderbedrijven of via internet

View on CBE Public ↗ Annual accounts (NBB) ↗

AGRICON

Warning lights

Financials

What happened to AGRICON?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions