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Belcofeed

Active
Public limited companyfounded 198838 yrs activeJordaenskaai 24, 2000 Antwerpen, BelgiumKBO/BCE: BE 0435.268.791
Summary

Belcofeed has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11.2m and a net result of €627,128. Equity is growing by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 55% of 669 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

What they do
Manufacture of food products
NACE 10910
2 sites
How big
€49.4mturnover 2025
Staff
15.7 FTE
Equity
€11.2m
Profit
€627,128
Financially healthy?
62 Healthy Checked score 2025
Bankruptcy chance 12 m
0.4%
Who decides
Parent
GROUP DE CEUSTER · 90%
Accounts 18 d early0 of 12 deeds read
Why 62- Higher-failure-rate sector- Multiple establishment units+ Long track record+ Annual accounts: healthy financial profile+ Lower-risk legal formLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability59▼-1
Solvency68▼-4
Growth47▼-2
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €650,000 at 30 days acceptable
Liquidity tight (current ratio 1.43 against 1.47 in 2024; short-term debt: 51.2% and cash: 0.1% of total assets), and 56.8% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 38 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Manufacture of food products (NACE 10)
about 60% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
43.2%
Return on assets
2.4%
Age of the figures
9 mo
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 d early
2024
48 d early
2023
23 d early
2022
13 d early
2021
32 d late
2020
31 d early
2019
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 19 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 13 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Equity above €10mEq €10.5m ▲6.6%

Financials

Fiscal year 2025Turnover €49.4mProfit €627,128Solvency 43.2%Liquidity 1.43
Turnover
€49.4m▼ 9.7%
2018 - 2025
Net result
€627,128▼ 4.1%
2018 - 2025
Equity
€11.2m▲ 6.0%
2018 - 2025
Staff (FTE)
15.7▼ 0.6%
2018 - 2025

Financials · fiscal year 2025, full schema

Trend over the years8 fiscal years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€56.5m▲ 3.4%€62.4m▲ 10.4%€55.5m▼ 11.1%€54.7m▼ 1.3%€49.4m▼ 9.7%
Operating result€1.0m▼ 33.1%€0.7m▼ 31.0%€0.8m▲ 17.3%€1.3m▲ 58.1%€0.9m▼ 27.1%
Net result€0.7mabove the sector's middle half▼ 33.7%€0.2mwithin the sector's middle half▼ 78.3%€0.3mwithin the sector's middle half▲ 123%€0.7mwithin the sector's middle half▲ 87.9%€0.6mwithin the sector's middle half▼ 4.1%
EBIT margin1.8%▼ 1.0pp1.1%▼ 0.7pp1.5%▲ 0.4pp2.4%▲ 0.9pp1.9%▼ 0.5pp
Equity€9.4mabove the sector's middle half▲ 8.3%€9.5mabove the sector's middle half▲ 1.7%€9.9mabove the sector's middle half▲ 3.6%€10.5mabove the sector's middle half▲ 6.6%€11.2mabove the sector's middle half▲ 6.0%
Total assets€21.6mabove the sector's middle half▲ 6.4%€22.5mabove the sector's middle half▲ 4.5%€25.7mabove the sector's middle half▲ 13.9%€22.5mabove the sector's middle half▼ 12.3%€25.8mabove the sector's middle half▲ 14.7%
Debt€12.2m▲ 4.9%€13.0m▲ 6.6%€15.8m▲ 21.4%€12.0m▼ 24.1%€14.7m▲ 22.3%
Working capital€5.1mabove the sector's middle half▼ 0.9%€4.6mabove the sector's middle half▼ 10.4%€4.4mabove the sector's middle half▼ 3.8%€4.8mabove the sector's middle half▲ 9.3%€5.7mabove the sector's middle half▲ 19.5%
Solvency43.5%within the sector's middle half▲ 0.8pp42.3%within the sector's middle half▼ 1.2pp38.5%within the sector's middle half▼ 3.8pp46.8%within the sector's middle half▲ 8.3pp43.2%within the sector's middle half▼ 3.6pp
Current ratio1.50within the sector's middle half▼ 0.061.40within the sector's middle half▼ 0.091.33within the sector's middle half▼ 0.071.47within the sector's middle half▲ 0.141.43within the sector's middle half▼ 0.04
Return on assets (ROA)3.3%within the sector's middle half▼ 2.0pp0.7%within the sector's middle half▼ 2.6pp1.4%within the sector's middle half▲ 0.7pp2.9%within the sector's middle half▲ 1.5pp2.4%within the sector's middle half▼ 0.5pp
Staff (FTE)17within the sector's middle half▲ 14.1%18.8within the sector's middle half▲ 10.6%16.9within the sector's middle half▼ 10.1%15.8within the sector's middle half▼ 6.5%15.7within the sector's middle half▼ 0.6%
above within below the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings.
Result and balance sheet2025
Result per fiscal year
Operating resultNet result
€0€500,000€1.0m€1.5mOperating result 2021: €1.0m€1.0mNet result 2021: €721,067€721,067Operating result 2022: €697,276€697,276Net result 2022: €156,279€156,279Operating result 2023: €818,239€818,239Net result 2023: €347,856€347,856Operating result 2024: €1.3m€1.3mNet result 2024: €653,652€653,652Operating result 2025: €943,447€943,447Net result 2025: €627,128€627,12820212022202320242025€0€500,000€1m€1.5mOperating result 2023: €818,239€818,000Net result 2023: €347,856Operating result 2024: €1.3m€1.3mNet result 2024: €653,652€654,000Operating result 2025: €943,447€943,000Net result 2025: €627,128€627,000202320242025
The operating result falls in 2025; 2025 is 27% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €25.8m
Fixed assets €6.9m ▼ 9.0%
Current assets €18.9m ▲ 26.6%
Equity and liabilities €25.8m
Equity €11.2m ▲ 6.0%
Debt €14.7m ▲ 22.3%
Debt's share of the balance-sheet total rises from 53.2% to 56.8%. Equity and debt are higher.
Key figures and ratios2025
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.7m▼
2024 · €2.1m
Cash flow
€1.4m▼
2024 · €1.5m
Quick ratio
1.21▲
2024 · 1.20
Debt to equity
1.31▲
2024 · 1.14
ROE
5.6%▼
2024 · 6.2%
Interest coverage
18.62▼
2024 · 19.01
Debt ≤ 1 year
€13.2m▲
2024 · €10.2m
Debt > 1 year
€1.3m▼
2024 · €1.8m
Income taxes
€221,476▼
2024 · €469,483
Staff costs
€1.3m▲
2024 · €1.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 14,732 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 75 lines
Balance sheet Code20242025
Assets
Total assets20/58€22.5m€25.8m▲
Fixed assets21/28€7.6m€6.9m▼
Intangible fixed assets21€0.09m€0.03m▼
Tangible fixed assets22/27€7.5m€6.9m▼
Land and buildings22€4.2m€4.0m▼
Plant, machinery and equipment23€3.1m€2.7m▼
Furniture and vehicles24€0.2m€0.1m▼
Financial fixed assets28€0.002m€0.002m=
Other financial fixed assets284/8€0.002m€0.002m=
Amounts receivable and cash guarantees285/8€0.002m€0.002m=
Current assets29/58€15.0m€18.9m▲
Stocks and contracts in progress3€2.7m€2.9m▲
Stocks30/36€2.7m€2.9m▲
Raw materials and consumables30/31€2.7m€2.9m▲
Amounts receivable within one year40/41€12.1m€16.0m▲
Trade receivables40€7.5m€15.0m▲
Other amounts receivable41€4.6m€1.0m▼
Cash at bank and in hand54/58€0.005m€0.03m▲
Deferred charges and accrued income490/1€0.1m€0.05m▼
Equity and liabilities
Total equity and liabilities10/49€22.5m€25.8m▲
Equity10/15€10.5m€11.2m▲
Contributions10/11€0.4m€0.4m=
Capital10€0.4m€0.4m=
Issued capital100€0.4m€0.4m=
Reserves13€10.2m€10.8m▲
Non-distributable reserves130/1€0.04m€0.04m=
Legal reserve130€0.04m€0.04m=
Tax-exempt reserves132€0-
Distributable reserves133€10.1m€10.8m▲
Amounts payable17/49€12.0m€14.7m▲
Amounts payable after more than one year17€1.8m€1.3m▼
Financial debts170/4€1.8m€1.3m▼
Credit institutions173€1.8m€1.3m▼
Amounts payable within one year42/48€10.2m€13.2m▲
Current portion of amounts payable after more than one year42€0.7m€0.5m▼
Financial debts43€1.8m€1.9m▲
Credit institutions430/8€1.8m€1.9m▲
Trade debts44€6.7m€8.5m▲
Suppliers440/4€6.7m€8.5m▲
Taxes, remuneration and social security45€0.8m€0.2m▼
Taxes450/3€0.6m€0.1m▼
Remuneration and social security454/9€0.2m€0.1m▼
Other amounts payable47/48€0.1m€2.0m▲
Accrued charges and deferred income492/3€0.02m€0.1m▲
Income statement Code20242025
Operating income70/76A€54.8m€49.5m▼
Turnover70€54.7m€49.4m▼
Other operating income74€0.06m€0.1m▲
Non-recurring operating income76A€0-
Operating charges60/66A€53.5m€48.6m▼
Goods for resale, raw materials and consumables60€49.9m€45.2m▼
Purchases600/8€49.3m€45.3m▼
Change in stocks: decrease (increase)609€0.6m-€0.2m▼
Services and other goods61€1.4m€1.2m▼
Remuneration, social security and pensions62€1.3m€1.3m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.8m€0.8m▼
Other operating charges640/8€0.06m€0.07m▲
Operating profit (loss)9901€1.3m€0.9m▼
Financial income75/76B€0.005m€0.05m▲
Recurring financial income75€0.005m€0.05m▲
Other financial income752/9€0.005m€0.05m▲
Financial charges65/66B€0.2m€0.1m▼
Recurring financial charges65€0.2m€0.1m▼
Debt charges650€0.1m€0.09m▼
Other financial charges652/9€0.06m€0.05m▼
Profit (loss) for the period before taxes9903€1.1m€0.8m▼
Income taxes67/77€0.5m€0.2m▼
Taxes670/3€0.5m€0.2m▼
Tax adjustments and reversals of tax provisions77€121€0.006m▲
Profit (loss) for the period9904€0.7m€0.6m▼
Transfer from tax-exempt reserves789€0.5m-
Profit (loss) for the period to be appropriated9905€1.1m€0.6m▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.1m€0.6m▼
Transfer to equity691/2€1.1m€0.6m▼
To other reserves6921€1.1m€0.6m▼
Social balance
Average headcount (FTE)908715.815.7▼

The notes to these accounts (59 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€56.6m€62.5m€55.6m€54.8m€49.5m▼ 9.6%
Turnover70€56.5m€62.4m€55.5m€54.7m€49.4m▼ 9.7%
Other operating income74€0.1m€0.1m€0.2m€0.06m€0.1m▲ 95.4%
Non-recurring operating income76A--€0.002m€0--
Operating charges60/66A€55.6m€61.8m€54.8m€53.5m€48.6m▼ 9.2%
Goods for resale, raw materials and consumables60€52.5m€58.8m€51.6m€49.9m€45.2m▼ 9.5%
Purchases600/8€53.3m€58.4m€52.4m€49.3m€45.3m▼ 8.1%
Change in stocks: decrease (increase)609-€0.9m€0.5m-€0.8m€0.6m-€0.2m▼ 129%
Services and other goods61€1.4m€1.1m€1.3m€1.4m€1.2m▼ 11.6%
Remuneration, social security and pensions62€1.3m€1.2m€1.3m€1.3m€1.3m▲ 0.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.5m€0.6m€0.6m€0.8m€0.8m▼ 3.9%
Other operating charges640/8€0.07m€0.1m€0.06m€0.06m€0.07m▲ 25.5%
Operating profit (loss)9901€1.0m€0.7m€0.8m€1.3m€0.9m▼ 27.1%
Financial income75/76B€0.09m-€0.04m€0.005m€0.05m▲ 908%
Recurring financial income75€0.007m-€0.04m€0.005m€0.05m▲ 908%
Other financial income752/9€0.007m-€0.04m€0.005m€0.05m▲ 908%
Non-recurring financial income76B€0.08m-----
Financial charges65/66B€0.06m€0.3m€0.2m€0.2m€0.1m▼ 17.0%
Recurring financial charges65€0.06m€0.3m€0.2m€0.2m€0.1m▼ 17.0%
Debt charges650€0.06m€0.06m€0.1m€0.1m€0.09m▼ 16.3%
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651-€0.1m----
Other financial charges652/9€0.003m€0.06m€0.07m€0.06m€0.05m▼ 18.3%
Profit (loss) for the period before taxes9903€1.0m€0.4m€0.7m€1.1m€0.8m▼ 24.4%
Income taxes67/77€0.3m€0.3m€0.3m€0.5m€0.2m▼ 52.8%
Taxes670/3€0.3m€0.3m€0.3m€0.5m€0.2m▼ 51.6%
Tax adjustments and reversals of tax provisions77€0.02m--€121€0.006m▲ 4,590%
Profit (loss) for the period9904€0.7m€0.2m€0.3m€0.7m€0.6m▼ 4.1%
Transfer from tax-exempt reserves789€0.4m€0.4m€0.5m€0.5m--
Profit (loss) for the period to be appropriated9905€1.1m€0.6m€0.8m€1.1m€0.6m▼ 43.8%
Line20212022202320242025Change
Assets
Total assets20/58€21.6m€22.5m€25.7m€22.5m€25.8m▲ 14.7%
Fixed assets21/28€6.2m€6.7m€8.1m€7.6m€6.9m▼ 9.0%
Intangible fixed assets21€0.3m€0.2m€0.1m€0.09m€0.03m▼ 63.0%
Tangible fixed assets22/27€5.9m€6.5m€7.9m€7.5m€6.9m▼ 8.3%
Land and buildings22€4.2m€4.0m€4.4m€4.2m€4.0m▼ 4.1%
Plant, machinery and equipment23€1.7m€2.1m€3.5m€3.1m€2.7m▼ 12.9%
Furniture and vehicles24€0.03m€0.06m€0.05m€0.2m€0.1m▼ 29.2%
Other tangible fixed assets26--€0---
Assets under construction and advance payments27-€0.3m----
Financial fixed assets28€0.002m€0.002m€0.002m€0.002m€0.002m=
Other financial fixed assets284/8€0.002m€0.002m€0.002m€0.002m€0.002m=
Amounts receivable and cash guarantees285/8€0.002m€0.002m€0.002m€0.002m€0.002m=
Current assets29/58€15.4m€15.8m€17.6m€15.0m€18.9m▲ 26.6%
Stocks and contracts in progress3€3.0m€2.5m€3.3m€2.7m€2.9m▲ 6.3%
Stocks30/36€3.0m€2.5m€3.3m€2.7m€2.9m▲ 6.3%
Raw materials and consumables30/31€3.0m€2.5m€3.3m€2.7m€2.9m▲ 6.3%
Amounts receivable within one year40/41€11.9m€13.3m€14.1m€12.1m€16.0m▲ 31.6%
Trade receivables40€9.8m€7.0m€7.5m€7.5m€15.0m▲ 99.2%
Other amounts receivable41€2.2m€6.3m€6.7m€4.6m€1.0m▼ 79.1%
Current investments50/53€0.03m-€0---
Other investments51/53€0.03m-€0---
Cash at bank and in hand54/58€0.02m€0.005m€0.02m€0.005m€0.03m▲ 595%
Deferred charges and accrued income490/1€0.4m€0.02m€0.1m€0.1m€0.05m▼ 52.7%
Equity and liabilities
Total equity and liabilities10/49€21.6m€22.5m€25.7m€22.5m€25.8m▲ 14.7%
Equity10/15€9.4m€9.5m€9.9m€10.5m€11.2m▲ 6.0%
Contributions10/11€0.4m€0.4m€0.4m€0.4m€0.4m=
Capital10€0.4m€0.4m€0.4m€0.4m€0.4m=
Issued capital100€0.4m€0.4m€0.4m€0.4m€0.4m=
Reserves13€9.0m€9.2m€9.5m€10.2m€10.8m▲ 6.2%
Non-distributable reserves130/1€0.04m€0.04m€0.04m€0.04m€0.04m=
Legal reserve130€0.04m€0.04m€0.04m€0.04m€0.04m=
Tax-exempt reserves132€1.4m€0.9m€0.5m€0--
Distributable reserves133€7.6m€8.2m€9.0m€10.1m€10.8m▲ 6.2%
Amounts payable17/49€12.2m€13.0m€15.8m€12.0m€14.7m▲ 22.3%
Amounts payable after more than one year17€1.9m€1.7m€2.5m€1.8m€1.3m▼ 26.9%
Financial debts170/4€1.9m€1.7m€2.5m€1.8m€1.3m▼ 26.9%
Credit institutions173€1.9m€1.7m€2.5m€1.8m€1.3m▼ 26.9%
Amounts payable within one year42/48€10.3m€11.3m€13.2m€10.2m€13.2m▲ 30.0%
Current portion of amounts payable after more than one year42€0.5m€0.8m€0.7m€0.7m€0.5m▼ 33.1%
Financial debts43€1.2m€1.9m€2.0m€1.8m€1.9m▲ 4.1%
Credit institutions430/8€1.2m€1.9m€2.0m€1.8m€1.9m▲ 4.1%
Trade debts44€8.0m€8.2m€10.0m€6.7m€8.5m▲ 26.9%
Suppliers440/4€8.0m€8.2m€10.0m€6.7m€8.5m▲ 26.9%
Taxes, remuneration and social security45€0.5m€0.4m€0.6m€0.8m€0.2m▼ 67.9%
Taxes450/3€0.2m€0.2m€0.4m€0.6m€0.1m▼ 77.5%
Remuneration and social security454/9€0.2m€0.2m€0.2m€0.2m€0.1m▼ 41.2%
Other amounts payable47/48€0.007m€55€55€0.1m€2.0m▲ 1,648%
Accrued charges and deferred income492/3€0.01m€0.01m€0.02m€0.02m€0.1m▲ 577%
Line20212022202320242025Change
Profit (loss) for the period9904€0.7m€0.2m€0.3m€0.7m€0.6m▼ 4.1%
+ Depreciation and write-downs630€0.5m€0.6m€0.6m€0.8m€0.8m▼ 3.9%
Operating cash flow (approximation)€1.2m€0.8m€0.9m€1.5m€1.4m▼ 3.9%
Investment in fixed assets (approximation)--€1.1m-€1.9m-€0.3m-€0.1m▲ 64.6%
Change in cash--€0.02m€0.02m-€0.02m€0.03m▲ 246%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Comparable companies5

Similar companies · same sector, comparable size

Of 182 companies in this sector we hold annual accounts for 149. 89 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Board & ownership

Parent GROUP DE CEUSTER · 90%

Directors

Directors
No directors read yet: 0 of 12 Gazette acts processed. See the function holders in the CBE →

Structure & network

Part of the group GROUP DE CEUSTER 13 companies Group, risk and exposure

Owners and holdings

1 owner

Chain of control

  1. GROUP DE CEUSTER 90%
  2. Belcofeed

Highest known parent: GROUP DE CEUSTER. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No directors read yet: 0 of 12 Gazette acts processed.

Timeline

13 eventsLatest 13-07-2026Next filing 31-07-2027

History

Belcofeed was incorporated on 15 September 1988.1 Revenue went from €46.2m in 2018 to €49.4m in 2025 and headcount from 17.3 to 15.7 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
13-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
13-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Equity above €10mEq €10.5m ▲6.6%
7 profitable years in a row build equity to €10.5m.
08-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
18-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Weakest financial yearnet €156,279 ▼78.3%
Net result drops to €156,279, the lowest in the series; recovery starts the following year.
01-09
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 32 days late
2021
30-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Highest result since 2018net €1.1m ▲41.2%
Net result €1.1m, the highest in the series.
30-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
19-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
03-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
30-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts

We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Support & recognitions

2 registers with recognitionsFASFC 1 siteLEI issued
FASFC
1
authorised site
LEI
active
54930051ZUZ2OKXG1X66
Recognitions · licences · registrations2

Food safety, FASFC

1 site
Grobbendonkunit no. 2.040.571.875
7 permissions
Erkenning · Fabrikant mengvoeders (erkenning) · since 28-06-2017
Erkenning · Groothandelaar additieven (erkenning) · since 11-04-2016
Opslag categorie 3 voor feed · since 11-04-2016
and 4 more

Legal Entity Identifier

54930051ZUZ2OKXG1X66
live in the LEI register

Company details

Public limited company · founded 15-09-1988Year ends 31-12Peppol reachable2 sites

Register details

Identification
Legal formPublic limited company
Founded15-09-1988
Fiscal year end31-12
Activities, NACEBEL 2025
10910Manufacture of food products
46216Wholesale of agricultural produce and animal feed, general range
46460Wholesale of pharmaceutical and medical goods
46831Wholesale of construction materials, general range
81300Landscape service activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0435268791
Also 9925:BE0435268791

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Antwerpen · 2 establishment units since 2000
seat establishment All 2 establishment units on the map
Ground area
2.9 ha
Building footprint
9,254 m²
Volume, LiDAR
87,749 m³
2 parcels, Flanders · tallest building 29.4 m, ±7 floors. Linked by address, not a title deed.
15 companies at this address See who is registered here
2 establishment units
BELCOFEED
Industrieweg 22, 2280 GrobbendonkGrowing of cereals (except rice), leguminous crops and oil seeds
since 2000unit no. 2.040.571.875
BELCOFEED
Jordaenskaai 24, 2000 AntwerpenManufacture of food products
since 2000unit no. 2.171.366.675
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13010C0062/00G006 Flanders 2.9 ha 1 · 8,844 m² 29.4 m · 3 fl.
11002A1671/00N000
ProtectedArchaeological site · MonumentBurchtmuurSource ↗
Flanders 473 m² 1 · 410 m² 28.9 m · 7 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

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