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 49 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
VAGRO from Mouscron, company number BE0515946859, closed financial year 2025 with a result of € 290 after tax. For that financial year VAGRO recorded a gross margin of € 177,749 and equity of € 151,698. Compared with financial year 2024, the result moved from € 34,341 to € 290. 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 June 29, 2026.
€ 151,698
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 290
▼ 99% vs 2024
Profit after tax over the fiscal year.
€ 21,814
▼ 55% 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 € 133,098.
People and assets in 2025
€ 60,621
▲ 12% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 136,386
▼ 34% vs 2024
Of which on lease € 66,210.
Debts at end 2025
€ 184,830
▼ 6% vs 2024
€ 71,292 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 27,436
▼ 76% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,988
▲ 36% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 156,430 | € 153,747 | € 199,763 | € 177,749 | ▼ 11% |
| Profit after taxes | € 25,022 | € 8,814 | € 34,341 | € 290 | ▼ 99% |
| Equity | € 108,253 | € 117,067 | € 151,409 | € 151,698 | |
| Total debts | € 309,344 | € 249,034 | € 382,748 | € 297,075 | ▼ 22% |
| Cash | € 5,513 | € 49,323 | € 48,898 | € 21,814 | ▼ 55% |
| Land & buildings | € 112 | - | - | - | |
| Retained profit | € 89,653 | € 98,467 | € 132,809 | € 133,098 | |
| Bank debt | € 175,386 | € 165,333 | € 197,259 | € 184,830 | ▼ 6% |
| Balance sheet total | € 417,597 | € 366,102 | € 534,157 | € 448,773 | ▼ 16% |
Key figures of VAGRO, 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 VAGRO?
What happened at VAGRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 290 (▼ 99% vs 2024). Source: NBB ↗
- Au Trou D'Hibou CV became a director. NBB
- New establishment in Mouscron. KBO
- Nicolas Vannieuwenhove became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 25,022 profit in 2022 to € 290 profit in 2025.
Paid € 10,192 in corporate taxes since 2022.
Best year ever: 2024, with € 34,341 profit.
A new publication or filing at VAGRO? 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
Behind VAGRO are Au Trou D'Hibou CV and Nicolas Vannieuwenhove.
Directors
According to the 2025 annual accounts
Director · represented by Justine Vandenbriele
since 2021
Nicolas Vannieuwenhove
Director
since 2013
Establishments
Establishment units
Physical locations of this company
Marhemstraat(D) 4
7711 Mouscron
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0515.946.859
- VAT number
- BE 0515.946.859
- Registered office
- Marhemstraat(D) 4, 7711 Mouscron
- Names & denominations
- VAGRO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 February 2013
- Peppol
- Active · Active since 12 Feb 2025
- Activities · NACE
Bouwrijp maken van terreinen
Landschapsverzorging
Activiteiten van stedebouwkundige en tuin- en landschapsarchitecten
Verhuur en lease van andere huishoudelijke of persoonlijke artikelen, neg
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Algemene reiniging van gebouwen
Verhuur en lease van andere consumentenartikelen, n.e.g.