Financials
Financial year 2025
Agricolas from Kortemark, company number BE0521707174, closed financial year 2025 with a result of € -101,086 after tax. For that financial year Agricolas recorded a gross margin of € 2 million and equity of € 90,552. Compared with financial year 2024, the result moved from € 1.1 million to € -101,086. The company made a loss. The buffer shrank hard: equity is 53 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 90,552
▼ 53% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -101,086
▼ still € 1.1 million profit in 2024
Profit after tax over the fiscal year.
€ 34,910
▼ 69% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 71,952.
People and assets in 2025
37.8
▲ 12 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.9 million
▼ 27% vs 2024
€ 49,600 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.
€ 20,207
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 700,000
▲ 22% vs 2024
Loans from banks and other lenders, long and short.
€ 146,034
▲ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 300,136
▼ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,756,963 | € 1,636,342 | € 3,762,086 | € 1,977,408 | ▼ 47% |
| Profit after taxes | € -34,994 | € -43,579 | € 1,087,090 | € -101,086 | ▼ € 1.2 million |
| Equity | € -851,872 | € -895,451 | € 191,638 | € 90,552 | ▼ 53% |
| Total debts | € 3,042,792 | € 2,529,710 | € 1,265,472 | € 1,149,544 | ▼ 9% |
| Cash | € 51,349 | € 89,514 | € 113,824 | € 34,910 | ▼ 69% |
| Retained profit | € -870,472 | € -914,051 | € 173,038 | € 71,952 | ▼ 58% |
| Bank debt | € 19,574 | € 1,642,000 | € 575,000 | € 700,000 | ▲ 22% |
| Balance sheet total | € 2,190,920 | € 1,634,258 | € 1,457,110 | € 1,240,095 | ▼ 15% |
| Employees (FTE) | 48.6 | 46.4 | 25.8 | 37.8 | ▲ 12 |
Key figures of Agricolas, 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 Agricolas?
What happened at Agricolas in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 101,086 (▼ € 1.2 million vs 2024). Source: NBB ↗
- New establishment in Kortemark. KBO
- Start of the company according to the CBE. KBO
- Nicolas Verduyn became a director. NBB
In short
From € 34,994 loss in 2022 to € 101,086 loss in 2025.
Paid € 52,116 in corporate taxes since 2022.
Best year ever: 2024, with € 1.1 million profit.
On average € 52,300 of value added per employee in 2025.
Management
Behind Agricolas is Nicolas Verduyn. Nicolas Verduyn is also behind VERDUYN and NICOVER.
Establishments
Establishment units
Physical locations of this company
Huilaertstraat 14
8610 Kortemark
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
- 0521.707.174
- VAT number
- BE 0521.707.174
- Registered office
- Huilaertstraat 14, 8610 Kortemark
- Names & denominations
- Agricolas
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 March 2013
- Peppol
- Active · Active since 10 Nov 2025
- Activities · NACE
Teelt van groenten, meloenen en wortel- en knolgewassen
Gemengd landbouwbedrijf
Verhuur en lease van landbouwmachines en -werktuigen
Teelt van andere granen dan rijst, en van peulgewassen en oliehoudende zaden