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 43 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
RN-Agri from Wortegem-Petegem, company number BE0745565754, closed financial year 2025 with a result of € -77,240 after tax. For that financial year RN-Agri recorded a gross margin of € 494,765 and equity of € 183,343. Compared with financial year 2024, the result moved from € 37,407 to € -77,240. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 183,343
▼ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -77,240
▼ still € 37,407 profit in 2024
Profit after tax over the fiscal year.
€ 30,283
▼ 63% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 19,832.
People and assets in 2025
2.3
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 186,006
▲ 53% vs 2024
€ 80,900 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.
€ 1.1 million
▼ 10% vs 2024
Of which on lease € 297,600.
Debts at end 2025
€ 1.4 million
▼ 7% vs 2024
€ 303,073 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 124,498
▼ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,112
▲ 31% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 96,208 | € 175,289 | € 639,192 | € 494,765 | ▼ 23% |
| Profit after taxes | € 622 | € 60,061 | € 37,407 | € -77,240 | ▼ € 114,648 |
| Equity | € 75,604 | € 225,577 | € 262,384 | € 183,343 | ▼ 30% |
| Total debts | € 683,866 | € 1,778,906 | € 1,954,348 | € 1,593,738 | ▼ 18% |
| Cash | € 24,241 | € 15,933 | € 82,752 | € 30,283 | ▼ 63% |
| Retained profit | € -396 | € 59,665 | € 97,072 | € 19,832 | ▼ 80% |
| Bank debt | € 223,888 | € 1,039,729 | € 1,553,697 | € 1,437,304 | ▼ 7% |
| Balance sheet total | € 759,470 | € 2,004,483 | € 2,216,732 | € 1,777,081 | ▼ 20% |
| Employees (FTE) | - | - | 1.9 | 2.3 | ▲ 0.4 |
Key figures of RN-Agri, 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 RN-Agri?
What happened at RN-Agri in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 77,240 (▼ € 114,648 vs 2024). Source: NBB ↗
- New establishment in Wortegem-Petegem. KBO
- Niels Poelvoorde became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 622 profit in 2022 to € 77,240 loss in 2025.
Paid € 5,966 in corporate taxes since 2022.
Best year ever: 2023, with € 60,061 profit.
On average € 215,100 of value added per employee in 2025.
Management
Behind RN-Agri is Niels Poelvoorde.
Directors
According to the 2025 annual accounts
Niels Poelvoorde
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Eekhoutstraat (P.) 35
9790 Wortegem-Petegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0745.565.754
- VAT number
- BE 0745.565.754
- Registered office
- Eekhoutstraat (P.) 35, 9790 Wortegem-Petegem
- Names & denominations
- RN-Agri
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 March 2020
- Peppol
- Active · Active since 23 Jan 2025
- Contact
- [email protected]
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