BRUGSE VLEESCENTRALE
The computed 12-month bankruptcy probability of BRUGSE VLEESCENTRALE is 0.5% (very low). The 2024 annual accounts show equity of €2.57M and a net result of €140k. Equity is growing by ~20.9% per year across the filed fiscal years. Its solvency ranks better than 48% of 549 sector peers (fiscal year 2024). The company has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €2.57M |
| Net result | €140k |
| Staff (FTE) | 27.7 |
| Better than sector | 48% |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 29.1% | 31.0% | |
| Net result | €140k | €47k | |
| Equity | €2.57M | €468k | |
| Staff costs | €1.49M | €494k | |
| Employees (FTE) | 27.7 | 7.5 |
Show 14 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | €13.03M |
| EBITDA | €660k |
| Net profit | €140k |
| Cash flow | €397k |
| Staff costs | €1.49M |
| Income taxes | €107k |
| Dividends | - |
| Total assets | €8.81M |
| Equity | €2.57M |
| Debt | €6.24M |
| of which ≤ 1y | €4.94M |
| of which > 1y | €1.15M |
| Working capital | €577k |
| Employees (FTE) | 27.7 |
| 2024 | |
|---|---|
| Current ratio | 1.12 |
| Quick ratio | 0.98 |
| Working capital ratio | 6.5% |
| Solvency | 29.1% |
| Debt / equity | 2.43 |
| Long-term debt ratio | 0.45 |
| Interest coverage | 3.95 |
| Gross margin | 29.1% |
| Net margin | 1.1% |
| ROA | 1.6% |
| ROE | 5.5% |
| EBITDA margin | 5.1% |
| Days sales outstanding | 50d |
| Days payable outstanding | 79d |
| Inventory turnover | 13.50 |
| Days inventory (DSI) | 27d |
Full annual accounts (25 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €8.81M |
| Fixed assets | 21/28 | €3.29M |
| Intangible fixed assets | 21 | €292k |
| Tangible fixed assets | 22/27 | €1.13M |
| Financial fixed assets | 28 | €1.86M |
| Current assets | 29/58 | €5.52M |
| Stocks & contracts in progress | 3 | €685k |
| Amounts receivable within one year | 40/41 | €2.61M |
| Cash & bank | 54/58 | €2.21M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €8.81M |
| Equity | 10/15 | €2.57M |
| Contributions / capital | 10/11 | €1.82M |
| Reserves | 13 | €472k |
| Amounts payable | 17/49 | €6.24M |
| Amounts payable after one year | 17 | €1.15M |
| Amounts payable within one year | 42/48 | €4.94M |
| Trade debts payable within one year | 44 | €1.99M |
| Income statement | ||
| Turnover | 70 | €13.03M |
| Operating result | 9901 | €403k |
| Financial income | 75 | €17k |
| Financial charges | 65 | €173k |
| Result before taxes | 9903 | €247k |
| Income taxes | 67/77 | €107k |
| Net result for the period | 9904 | €140k |
| Result to be appropriated | 9905 | €140k |
-
Paul LootensDirectorState Gazette act 21116136 (29-09-2021)Current29-09-2021 → present
7 events
- 29-09-2021 Appointed· Director
- 29-09-2021 Appointed· Voorzitter gedelegeerd bestuurder
- 28-07-2020 Resigned· Voorzitter gedelegeerd bestuurder
- 16-01-2020 Resigned· Director
- 16-01-2020 Resigned· Voorzitter gedelegeerd bestuurder
- 16-01-2020 Appointed· Voorzitter gedelegeerd bestuurder
- 05-08-2015 Appointed· Voorzitter gedelegeerd bestuurder
Former directors (4)
-
Olivier LootensVoorzitter gedelegeerd bestuurderState Gazette act 20086173 (28-07-2020)Former28-07-2020 → 29-09-2021
3 events
- 29-09-2021 Resigned· Voorzitter gedelegeerd bestuurder
- 12-01-2021 Resigned· Lid van het directiecomité
- 28-07-2020 Appointed· Voorzitter gedelegeerd bestuurder
-
Bart Julien Gerarda De VosLid van het directiecomitéState Gazette act 21302468 (12-01-2021)Former- → 12-01-2021
-
Juliaan August LauwersLid van het directiecomitéState Gazette act 21302468 (12-01-2021)Former- → 12-01-2021
-
Mieke De ClercqDirectorState Gazette act 20086173 (28-07-2020)Former06-08-2019 → 12-01-2021
3 events
- 12-01-2021 Resigned· Lid van het directiecomité
- 28-07-2020 Appointed· Director
- 06-08-2019 Appointed· Director
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Erik BauwelinckCurrent Statutory auditor |
- | 23-07-2021 → present |
Show 1 earlier auditors
| BDO Bedrijfsrevisoren BV ovv CVBA Statutory auditor succeeded by Erik Bauwelinck in 2021 |
- | 27-07-2017 → 23-07-2021 |
| NACE primary | Groothandel in vlees en vleesproducten, uitgezonderd vlees van wild en van gevogelte(46321) |
| Legal form | Public limited company(014) |
| Incorporation | 11-08-1977 |
| Status | Active |
| Postal code | 8000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31807I0557/00Z002 | Flanders | 1.8 ha | 1 · 6,676 m² | 10.3 m · 3 fl. |
| 31808K0698/00X002 | Flanders | 6,997 m² | 1 · 7,608 m² | 16.1 m · 2 fl. |
| 31808L0471/00V003 | Flanders | 2,703 m² | 1 · 1,238 m² | 22.7 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 15 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
26-10-2023 Erik Bauwelinck appointed as statutory auditor
- Erik Bauwelinck, Commissaris
Technical details
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}29-09-2021 2 directors appointed, 1 resigning
- Paul Lootens, Bestuurder
- Paul Lootens, Voorzitter gedelegeerd bestuurder
- Lootens Olivier, Voorzitter gedelegeerd bestuurder
Technical details
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}23-07-2021 Erik Bauwelinck appointed as statutory auditor
- Erik Bauwelinck, Commissaris
Technical details
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}12-01-2021 4 resigning
- Juliaan August Lauwers, Lid van het directiecomité
- Bart Julien Gerarda De Vos, Lid van het directiecomité
- Mieke De Clercq, Lid van het directiecomité
- Olivier Lootens, Lid van het directiecomité
Technical details
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}28-07-2020 2 directors appointed, 1 resigning
- Olivier Lootens, Voorzitter gedelegeerd bestuurder
- Mieke De Clercq, Bestuurder
- Paul Lootens, Voorzitter gedelegeerd bestuurder
Technical details
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}16-01-2020 1 director appointed, 2 resigning
- Lootens Paul, Voorzitter gedelegeerd bestuurder
- Lootens Paul, Bestuurder
- Lootens Paul, Voorzitter gedelegeerd bestuurder
Technical details
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}06-08-2019 Mieke De Clercq appointed as director
- Mieke De Clercq, Bestuurder
Technical details
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}13-06-2018 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"stage": "completed",
"notary": {
"name": "Pierre VAN HOVE",
"firm_city": null,
"firm_name": null,
"office_city": "Brugge",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2018-06-13",
"filing_date": "2018-05-31",
"act_kind_objet": "Fusie door overneming gelijkgestelde verrichting en doelwijziging"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2018-05-18",
"unanimous": true
},
"conversion": null,
"detected_kind": "merger_absorption",
"report_waiver": null,
"restructuring": {
"parties": [
{
"kbo": "0417.457.316",
"name": "Brugse Vleescentrale",
"role": "acquiring",
"address": "Blankenbergse Steenweg 173, 8000 Brugge",
"is_foreign": false,
"legal_form": "NV",
"is_new_company": false,
"jurisdiction_country": "BE"
},
{
"kbo": "0417.457.316",
"name": "Pasticcio",
"role": "absorbed",
"address": "Verkort: Pasticcio \u2014 geen adres vermeld in tekst",
"is_foreign": false,
"legal_form": "BVBA",
"is_new_company": false,
"jurisdiction_country": "BE"
}
],
"exchange_ratio": null,
"legal_articles": [
"12:7",
"12:50",
"12:75",
"724",
"727"
],
"is_cross_border": false,
"is_silent_merger": false,
"balance_basis_date": "2017-12-31",
"exchange_ratio_text": null,
"new_shares_issued_n": 0,
"real_estate_included": false,
"patrimony_description": "Het gehele vermogen van de BVBA \u0027Pasticcio\u0027, inclusief alle activa, passiva, activiteiten, vergunningen, erkenningen, handelsnaam, cli\u00EBnteel, immateri\u00EBle bestanddelen en lopende overeenkomsten, wordt overgenomen door de NV \u0027Brugse Vleescentrale\u0027.",
"equity_transferred_eur": null,
"accounting_effective_date": "2018-01-01"
},
"subject_company": {
"kbo": "0417.457.316",
"name_full": "Brugse Vleescentrale",
"legal_form": "NV"
},
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"org_kbo": null,
"org_name": null,
"person_name": "Pierre Van Hove",
"org_rep_person_name": null
},
"summary_narrative": "De buitengewone algemene vergadering van de NV \u0027Brugse Vleescentrale\u0027 heeft met eenparigheid van stemmen besloten tot een fusie door overneming van de BVBA \u0027Pasticcio\u0027, waarbij het gehele vermogen, inclusief activa, passiva, activiteiten, vergunningen en immateri\u00EBle bestanddelen, overgaat op de NV. De fusie is gebaseerd op de jaarrekening afgesloten per 31 december 2017, en de overgang van rechten en plichten vindt vanaf 1 januari 2018 plaats. Daarnaast werd het maatschappelijk doel van de NV gewijzigd om ook onroerend en roerend vermogen te kunnen beheren.",
"co_filed_documents": [
"expeditie van de akte",
"geco\u00F6rdineerde tekst der statuten"
],
"detected_real_type": "fusion_completed",
"referenced_correction": null,
"should_reroute_to_category": null
}23-02-2018 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"stage": "proposal",
"notary": {
"name": "Fran\u00E7oise Proot",
"firm_city": null,
"firm_name": null,
"office_city": "Brugge",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2018-02-23",
"filing_date": "2018-02-13",
"act_kind_objet": "Neerlegging fusievoorstel"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2018-02-02",
"unanimous": null
},
"conversion": null,
"detected_kind": "merger_absorption",
"report_waiver": null,
"restructuring": {
"parties": [
{
"kbo": "0417.457.316",
"name": "BRUGSE VLEESCENTRALE",
"role": "acquiring",
"address": "Blankenbergse Steenweg 173, 8000 Brugge",
"is_foreign": false,
"legal_form": "NAAMLOZE VENNOOTSCHAP",
"is_new_company": false,
"jurisdiction_country": null
},
{
"kbo": "0428.811.660",
"name": "PASTICCIO",
"role": "absorbed",
"address": "Sint-Pieterszuidstraat 50, 8000 Brugge",
"is_foreign": false,
"legal_form": "BESLOTEN VENNOOTSCHAP MET BEPERKTE AANSPRAKELIJKHEID",
"is_new_company": false,
"jurisdiction_country": null
}
],
"exchange_ratio": null,
"legal_articles": [
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"is_cross_border": false,
"is_silent_merger": true,
"balance_basis_date": null,
"exchange_ratio_text": null,
"new_shares_issued_n": 0,
"real_estate_included": true,
"patrimony_description": "De volledige patrimoine van de BVBA Pasticcio, inclusief roerende en onroerende goederen, handelsactiviteiten, en dienstverlening in de ruimste zin, wordt overgenomen door de NV Brugse Vleescentrale.",
"equity_transferred_eur": null,
"accounting_effective_date": "2018-01-01"
},
"subject_company": {
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"org_name": "BV ovve CVBA Ernst \u0026 Young Accountancy \u0026 Tax Services",
"person_name": null,
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},
"summary_narrative": "Het fusievoorstel voor de overname van de BVBA Pasticcio door de NV Brugse Vleescentrale is opgesteld op 2 februari 2018. De overnemende vennootschap, Brugse Vleescentrale, bezit al alle aandelen van Pasticcio, waardoor er geen omwisseling van aandelen plaatsvindt. De handelingen van Pasticcio worden boekhoudkundig geacht te zijn verricht voor rekening van Brugse Vleescentrale vanaf 1 januari 2018. Het doel van Brugse Vleescentrale wordt herformuleerd om ook onroerend en roerend vermogen te beheren.",
"co_filed_documents": [
"fusievoorstel de dato 8 februari 2018"
],
"detected_real_type": "fusion_proposal",
"referenced_correction": null,
"should_reroute_to_category": null
}27-07-2017 BDO Bedrijfsrevisoren BV ovv CVBA appointed as statutory auditor
- BDO Bedrijfsrevisoren BV ovv CVBA, Commissaris
Technical details
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}05-08-2015 Paul Lootens appointed as voorzitter gedelegeerd bestuurder
- Paul Lootens, Voorzitter gedelegeerd bestuurder
Technical details
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}| Legal nameNL | BRUGSE VLEESCENTRALE |