ACTIVE

GREEN FARM

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Financial year 2025 · Closed on 31/12/2025

Net result
-70,8 k €
-402,7 %over 1 year
Revenue
27,2 M €
+25,3 %over 1 year
Equity
104,2 k €
-40,6 %over 1 year
Workforce
10,4 ETP
+11,8 %over 1 year

Identity

Source · BCE/KBO

GREEN FARM is a Cooperative society incorporated in 2005. Its main activity is: Wholesale of fruit and vegetables. Its registered office is in Kortemark. It employs on average 10,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0878.248.094
Incorporation
29/12/2005
Legal form
Cooperative society
Registered office
Galgestraat 9
8610 Kortemark · FlandreSee on map
Contributed capital
10 720,49 €
Latest accounts
31/12/2025
Average workforce
10,4 ETP
Joint committees (4)
  • 119
  • 1190
  • 200
  • 2000
Signals
Positive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue27,2 M €21,7 M €20,1 M €18,3 M €18,7 M €
EBITDA260,1 k €348,7 k €368,2 k €289 k €267,7 k €
Operating result-36,7 k €67,9 k €64,4 k €1,1 k €62,5 k €
Net result-70,8 k €23,4 k €28,5 k €-35,5 k €11,4 k €
Balance sheet
Equity104,2 k €175,5 k €154,9 k €126,1 k €161,2 k €
Total assets9 M €9,3 M €7,5 M €6,1 M €8,7 M €
Cash25,2 k €34,2 k €44,8 k €28,3 k €32,7 k €
Debts8,9 M €9,1 M €7,3 M €6 M €8,5 M €
Other
Workforce10,4 ETP9,3 ETP9,6 ETP11,3 ETP8,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 19 ended

Active mandates

Agri Chicon

Director · since 29 juin 2024 · 0789.336.807

Represented by Vertongen Lore

Active
Bert Maertens

Director · since 29 juin 2024

Active
Jan Stoens

Managing director · since 30 juin 2023

Active
Agricolas

Director · since 13 février 2015 · 0521.707.174

Represented by Verduyn Nicolas

Active
Willy Vandenbrande

Director · since 27 décembre 2005

Active

Ended mandates

Agri Chicon

Director · since 29 juin 2024 · 0789.336.807

Represented by Vertongen LORE

Ended
Agricolas

Director · since 13 février 2015 · 0521.707.174

Represented by Verduyn NICOLAS

Ended
Agricolas

Director · since 13 février 2015 · 0521.707.174

Represented by Nicolas Verduyn

Ended
Agricolas

Director · since 13 février 2015 · 0521.707.174

Represented by Nicolas Verduyn

Ended

Other companies at this address

Galgestraat 9 8610 Kortemark
CompanyCBE no.
Het Speyebekken● Active
1031.019.532
VERDUYN● Active
0415.168.116

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/07/202618/07/202503/07/202417/07/202302/06/202230/08/2021
General meeting23/06/202621/05/202528/06/202430/06/202325/05/202217/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202523/06/202610/07/2026DutchPDF
Full model31/12/202421/05/202518/07/2025DutchPDF
Full model31/12/202328/06/202403/07/2024DutchPDF
Full model31/12/202230/06/202317/07/2023DutchPDF
Full model31/12/202125/05/202202/06/2022DutchPDF
Abridged model31/12/202017/06/202130/08/2021DutchPDF
Abridged model31/12/201904/09/202018/09/2020DutchPDF
Abridged model31/12/201828/05/201915/07/2019DutchPDF
Abridged model31/12/201731/05/201805/07/2018DutchPDF
Abridged model31/12/201626/05/201714/06/2017DutchPDF
Abridged model31/12/201527/05/201630/06/2016DutchPDF
Abridged model31/12/201429/05/201517/06/2015DutchPDF
Abridged model31/12/201302/05/201421/08/2014DutchPDF
Abridged model31/12/201203/05/201322/08/2013DutchPDF
Abridged model31/12/201104/05/201205/07/2012DutchPDF
Abridged model31/12/201017/06/201111/07/2011DutchPDF
Abridged model31/12/200928/05/201016/07/2010DutchPDF
Abridged model31/12/200827/05/200914/07/2009DutchPDF
Abridged model31/12/200728/05/200817/07/2008DutchPDF
Abridged model31/12/200626/05/200718/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 19 ended

Active mandates

Agri Chicon

Director · since 29 juin 2024 · 0789.336.807

Represented by Vertongen Lore

Active
Bert Maertens

Director · since 29 juin 2024

Active
Jan Stoens

Managing director · since 30 juin 2023

Active
Agricolas

Director · since 13 février 2015 · 0521.707.174

Represented by Verduyn Nicolas

Active
Willy Vandenbrande

Director · since 27 décembre 2005

Active

Ended mandates

Agri Chicon

Director · since 29 juin 2024 · 0789.336.807

Represented by Vertongen LORE

Ended
Agricolas

Director · since 13 février 2015 · 0521.707.174

Represented by Verduyn NICOLAS

Ended
Agricolas

Director · since 13 février 2015 · 0521.707.174

Represented by Nicolas Verduyn

Ended
Agricolas

Director · since 13 février 2015 · 0521.707.174

Represented by Nicolas Verduyn

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates01/09/2026
    Benoeming bestuurders
    PDF
  • Other08/12/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING
    PDF
  • Mandates29/04/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/06/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/08/2018
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates14/07/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/10/2010
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-70,8 k €↓
  2. 2024
    Annual accounts 202423,4 k €↓
  3. 2023
    Annual accounts 202328,5 k €↑
  4. 2022
    Annual accounts 2022-35,5 k €↓
  5. 2021
    Annual accounts 202111,4 k €↓
  6. 2019
    Annual accounts 201929,9 k €↑
  7. 2018
    Annual accounts 201816,9 k €↓
  8. 2017
    Annual accounts 201720,3 k €↓
  9. 2016
    Annual accounts 201629,4 k €↑
  10. 2015
    Annual accounts 20154,9 k €↑
  11. 2014
    Annual accounts 20141,5 k €↑
  12. 2013
    Annual accounts 20131,4 k €↓
  13. 2012
    Annual accounts 20123 k €↓
  14. 2011
    Annual accounts 201116 k €↑
  15. 2010
    Annual accounts 2010-21,2 k €↓
  16. 2009
    Annual accounts 20092,5 k €↓
  17. 2008
    Annual accounts 20087,3 k €↑
  18. 2007
    Annual accounts 20076,4 k €↑
  19. 2006
    Annual accounts 2006-1,9 k €
  20. 29/12/2005
    IncorporationCooperative society