Skip to content

The Cup Company

Active Private limited companyfounded 2009active for 17 yearsDiebeke 16, 9500 GeraardsbergenKBO/BCE: BE 0810.047.988 subsidiary of ARWEM FOOD GROUP
Part of the group ARWEM FOOD GROUP 14 companies in 8 countries
See the group

Lifetime

16 annual accounts with figures on one time axis
peak €38,662 (2012)
-€25,287▼ €41,346
lowest -€25,953 (2025)
-€25,953▼ €37,812
peak €270,221 (2024)
€244,268▼ 9.6%
€87,399▼ 21.7%
Board2 names since 2022
Owners
Documentsfilings and deeds
16-06-202645 days before the deadline
2025abbreviated format
Gross margin from €16,059 to -€25,287Loss of €25,953Debts from €111,566 to €87,399Cash from €196,896 to €263,686

Key points

from the 2025 annual accounts

Filings

16 annual accounts 17 filings since 2010
AprilJune31 JulyOctober2010201520202025

The last five annual accounts were filed 22 to 45 days before the end of the period.

Position in the sector

-€25,953

Lower net result than 85% of companies in wholesale trade. Sector median €26,728 · 9,878 companies.

Turnover not published (abbreviated format)

Checked score

94
Excellent
Financially stronger than 54% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 26,888 companies (NACE 46, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.2%▲ +0.1 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026highest value 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

99+3equity 73.6% of total assets
90+2short-term debt 26.4% · cash 79.5%
18-27return on assets -7.8%

Score breakdown

raises risk
Loss of €25,953 (financial year 2025)
lowers risk
Liquidity: current ratio 3.60, cash €263,686
Equity €244,268 (73.6% of total assets)
Size: total assets €331,667
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 78% of them on solvency, 89% on liquidity, 21% on profitability and 26% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 6,908 companies had the same profile as The Cup Company has now. Each dot stands for 18 companies, two years later.

90.9%
were still trading
7.8%
stopped another way
1.1%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of The Cup Company itself is lower: 0.1% within 12 months. It rests on far more data about The Cup Company than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,908 companies, not a prediction for The Cup Company. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €22,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.6 (3.36 in 2024), above the usual 1.5. Short-term debt is 26.4% and cash 79.5% of total assets. 26.4% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 3.60, cash €263,686
NBB · annual accounts
raises risk · Loss of €25,953 (financial year 2025)
NBB · annual accounts
lowers risk · Equity €244,268 (73.6% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €331,667
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 days early
2024
22 days early
2024
57 days early
2023
25 days early
2022
39 days early
2021
26 days early
2020
12 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 32 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

AF
Director, VAN DYCK Marc, since 08-09-2023

Shares in 1 company, Cup Company Czech s.r.o.

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0810047988
Registered-office move · Amendment of the articles General meeting of 18-07-2024 · Gazette deed
New director ARWEM FOOD GROUP NV appointed, DAEMS Paul resigned · Permanent representative: VAN DYCK Marc · ARWEM FOOD GROUP NV holds all the shares · General meeting of 13-11-2023 · Gazette deed
Incorporation published on 06-03-2009 · Gazette deed
All 30 events

Comparable companies

same main activity, similar in size and age
Company
The Cup Company Geraardsbergen €331,667 -€25,287 73.6% -
SAFTA Antwerp €350,934 -€54,776 -8.1% -
K & L CONNECTING Ghent €349,941 -€3,042 -57.4% -
HeBe Belgium Oostkamp €454,446 -€73,649 16.3% -
PLUSPROPHARMA Oudsbergen €251,963 €224 48.4% -
AGRIFIMO Merchtem €205,709 -€1,526 55.8% 0
KM WATER Poperinge €209,496 -€2,193 -12.6% -

These companies have the same main activity as The Cup Company: agents in the wholesale of food, beverages and tobacco (NACE 46170). They are comparable in size and age: total assets between €206,000 and €454,000, founded between 2004 and 2012.

Official details

Source: KBO
Status
Active since 25-02-2009Normal situation
Activity
Agents in the wholesale of food, beverages and tobaccoNACE 46170and 2 others
Establishment unit
2.178.029.3879500 Geraardsbergen, since 25-02-2009
Financial year end
31 December
Peppol
Reachable since 16-10-2025
Company details

Annual accounts 2025

€331,667▼ 13.1%
Filing
Filed on 16-06-2026, 45 days before the end of the filing period
Financials

Insights on The Cup Company

The Cup Company files the abbreviated format. That format states no turnover. The gross margin fell from €12,823 in 2010 to -€25,287 in 2025.

ARWEM FOOD GROUP holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about The Cup Company

What is the company number of The Cup Company?
The company number of The Cup Company is 0810.047.988. The VAT number is the same number with BE in front: BE 0810.047.988.
Where is The Cup Company based?
The registered office is at Diebeke 16, 9500 Geraardsbergen.Company details
What does The Cup Company do?
According to the KBO register, the main activity is agents in the wholesale of food, beverages and tobacco (NACE 46170).
What is the legal form of The Cup Company?
The Cup Company is a private limited company (BV).
When was The Cup Company founded?
The Cup Company was founded on 25-02-2009.
Is The Cup Company still active?
Yes, The Cup Company is an active enterprise in the KBO register.
What is the turnover of The Cup Company?
The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
Is The Cup Company profitable?
In financial year 2025, The Cup Company made a loss of €25,953.
Where can I find the annual accounts of The Cup Company?
The Cup Company filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of The Cup Company due?
The Cup Company must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.