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 59 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 23.8 to 21.3.
Financials
Financial year 2025
CENTRAGRO from Estinnes, company number BE0466636910, closed financial year 2025 with a result of € 147,160 after tax. For that financial year CENTRAGRO recorded revenue of € 27.7 million and equity of € 7.3 million. Compared with financial year 2024, the result moved from € 22,641 to € 147,160. Profitable, and profit is growing. 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 July 20, 2026.
€ 7.3 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 147,160
▲ € 124,519 vs 2024
Profit after tax over the fiscal year.
€ 393,444
▲ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1,504 paid out
1 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
21.3
▼ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▼ 10% vs 2024
€ 59,700 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.
€ 532,236
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5.3 million
▼ 5% vs 2024
€ 534,407 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 2.5 million
▼ 47% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 36 days on average.
€ 285,877
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 38,454,730 | € 30,105,762 | € 28,371,643 | € 27,699,985 | ▼ 2% |
| Profit after taxes | € 68,224 | € 38,961 | € 22,641 | € 147,160 | ▲ € 124,519 |
| Equity | € 6,960,208 | € 7,017,879 | € 7,091,125 | € 7,259,128 | ▲ 2% |
| Total debts | € 13,460,944 | € 9,697,356 | € 10,688,972 | € 8,169,525 | ▼ 24% |
| Cash | € 981,247 | € 314,595 | € 242,335 | € 393,444 | ▲ 62% |
| Land & buildings | € 6,689,135 | € 6,404,505 | € 6,223,730 | € 6,195,733 | |
| Retained profit | € 4,799,436 | € 4,835,492 | € 4,858,133 | € 5,003,788 | ▲ 3% |
| Dividend | € 1,478 | € 2,905 | € 0 | € 1,504 | |
| Bank debt | € 5,579,226 | € 5,659,158 | € 5,599,632 | € 5,295,879 | ▼ 5% |
| Balance sheet total | € 20,528,376 | € 16,817,863 | € 17,878,129 | € 15,522,090 | ▼ 13% |
| Employees (FTE) | 23.4 | 23.8 | 22.6 | 21.3 | ▼ 1.3 |
Key figures of CENTRAGRO, 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 CENTRAGRO?
What happened at CENTRAGRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Alain MASSCHELEN stepped down as director. NBB
- Mathieu LIEVENS stepped down as director. NBB
- Baudouin MOLORD stepped down as director. NBB
- Benjamin VERHAEGHE stepped down as director. NBB
- Marc POLET stepped down as director. NBB
- Eric FOSTIER stepped down as director. NBB
- Olivier MARISCAL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 147,160 (▲ € 124,519 vs 2024). Source: NBB ↗
In short
From € 68,224 profit in 2022 to € 147,160 profit in 2025.
Paid € 154,616 in corporate taxes since 2022.
Best year ever: 2025, with € 147,160 profit.
Paid out € 5,887 in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
Eric FOSTIER
Director
since 2023 · until 2027
Alain MASSCHELEN
Director
since 2025 · until 2029
Benjamin VERHAEGHE
Director
since 2024 · until 2028
Jean-François SEVERIN
Director
since 2022 · until 2026
Mathieu LIEVENS
Director
since 2025 · until 2029
Olivier MARISCAL
Director
since 2023 · until 2027
Marc POLET
Managing director
since 2024 · until 2028
Baudouin MOLORD
Director
since 2025 · until 2029
Establishments
Establishment units
Physical locations of this company
Barrière d'Aubreux(ROUV) 8-10
7120 Estinnes
Chaussée Brunehault(EMT) 202
7120 Estinnes
Active since 24 August 1999
Rue Bois-Bourdon 150
7080 Frameries
Active since 30 November 1999
Rue Bois-Bourdon 150 box A
7080 Frameries
Active since 14 March 2013
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
HEXANET, FR
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0466.636.910
- VAT number
- BE 0466.636.910
- Registered office
- Barrière d'Aubreux(ROUV) 8-10, 7120 Estinnes
- Names & denominations
- CENTRAGRO
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 11 August 1999
- Peppol
- Active · Active since 28 Jan 2026
- Contact
- centragro.be
- Activities · NACE
Groothandel in akkerbouwproducten en veevoeders, algemeen assortiment
Groothandel in granen, zaden en diervoeders