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 48 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Crop's Vegetables from Wielsbeke, company number BE0650658380, closed financial year 2025 with a result of € 3 million after tax. For that financial year Crop's Vegetables recorded revenue of € 285.9 million and equity of € 44.1 million. Compared with financial year 2024, the result moved from € 5.2 million to € 3 million. 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 January 5, 2026.
€ 44.1 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3 million
▼ 43% vs 2024
Profit after tax over the fiscal year.
€ 583,718
▼ 65% 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 € 24.6 million.
People and assets in 2025
31.6
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.6 million
▲ 3% vs 2024
€ 113,800 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.
Debts at end 2025
€ 10.7 million
▼ 9% vs 2024
Loans from banks and other lenders, long and short.
€ 62.2 million
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 81 days on average.
€ 1.2 million
▲ 75% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 215,287,004 | € 270,160,511 | € 287,076,243 | € 285,894,608 | |
| Profit after taxes | € 899,544 | € 6,054,214 | € 5,188,232 | € 2,966,139 | ▼ 43% |
| Equity | € 29,885,768 | € 35,939,982 | € 41,128,215 | € 44,094,353 | ▲ 7% |
| Total debts | € 68,842,696 | € 84,575,764 | € 72,775,104 | € 91,203,462 | ▲ 25% |
| Cash | € 396,461 | € 1,266,374 | € 1,647,929 | € 583,718 | ▼ 65% |
| Retained profit | € 10,431,316 | € 16,485,530 | € 21,673,762 | € 24,639,901 | ▲ 14% |
| Bank debt | € 14,665,764 | € 11,493,175 | € 11,761,975 | € 10,711,975 | ▼ 9% |
| Balance sheet total | € 98,753,464 | € 120,515,746 | € 113,903,318 | € 135,297,815 | ▲ 19% |
| Employees (FTE) | 25.4 | 26.9 | 31.1 | 31.6 | ▲ 0.5 |
Key figures of Crop's Vegetables, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Crop's Vegetables?
What happened at Crop's Vegetables in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- STEJA BV stepped down as director. NBB
- CLEP CONSULTING BV stepped down as director. NBB
- JELUHE BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3 million (▼ 43% vs 2024). Source: NBB ↗
- STEJA BV became a director. NBB
- JELUHE BV became a director. NBB
- CLEP CONSULTING BV became a director. NBB
- New establishment in Wielsbeke. KBO
In short
From € 899,544 profit in 2022 to € 3 million profit in 2025.
Paid € 974,915 in corporate taxes since 2022.
Best year ever: 2023, with € 6.1 million profit.
Pays suppliers within 81 days on average.
Management
The shares are held by CROP'S (100%). It owns 50% of Hesbayefrost, 50% of Hesbaye Immo, 50% of Monliz SA, 50% of One Frozen Holdings LLC - Crop's USA, 45% of Agri Po BV and 25% of Hesbaye Energie itself.
Directors
According to the 2025 annual accounts
Director · represented by VIRGINIE DELBAERE
Also active at: CROP'S, Crop's Fruits, Crop's Cold Store, Crop's Ready Meals
since 2024 · until 2026
Director · represented by PIETER COPPENS
Also active at: Crop's Fruits, Crop's Cold Store, Crop's Ready Meals
since 2022 · until 2026
Director · represented by PIETER DELBAERE
Also active at: CROP'S, Crop's Fruits, Crop's Cold Store, Crop's Ready Meals
since 2024 · until 2026
Shareholders
100%
Participations
50%
50%
Monliz SA
50%
One Frozen Holdings LLC - Crop's USA
50%
45%
25%
Establishments
Establishment units
Physical locations of this company
Oostrozebeeksestraat(O) 148
8710 Wielsbeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →CROP'S same network
€ 12.3 million revenue · 2025
Crop's Fruits same network
€ 169.2 million revenue · 2025
Crop's Cold Store same network
€ 168.5 million revenue · 2025
Crop's Ready Meals same network
€ 113.8 million revenue · 2025
Crop's BTW Eenheid
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0650.658.380
- VAT number
- BE 0650.658.380
- Registered office
- Oostrozebeeksestraat(O) 148, 8710 Wielsbeke
- Names & denominations
- Crop's Vegetables
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 March 2016
- Peppol
- Active · Active since 12 Aug 2025
- Activities · NACE
Groothandel in groenten en fruit, muv consumptieaardappelen
Productie van diepgevroren groenten en fruit