Skip to content

Debra-Meat

Active1 interim measure Public limited companyfounded 1979active for 47 yearsHoogserleistraat 3, 8700 TieltKBO/BCE: BE 0419.684.158 subsidiary of DEBRA - IMMO

Lifetime

18 annual accounts with figures on one time axis, 41 filings since 1980
peak €217.8m (2018)
€184.8m▲ 7.3%
lowest -€6.9m (2018)
€633,657▲ 72.1%
peak €5.7m (2025)
€5.7m▲ 12.6%
€7.5m▼ 3.3%
peak 48.1 FTE (2018)
25.1 FTE▼ 6.7%
Board6 names since 2020
2 directorsDE ROOVER DE BRAUWER Thomas and 1 other
Owners
Documentsfilings and deeds
13-07-202618 days before the deadline
2025financial year
Result from €368,179 to €633,6571 director appointed 02-10Reappointment: MOORE AUDIT (statutory auditor) 10-03Equity from €5.0m to €5.7mInvestments €294,803

Key points

from the 2025 annual accounts

Equity

€5.7m ▲ 12.6%

Debra-Meat has made a profit without a break since 2020.

Result

€633,657 ▲ 72.1%
€368,0002024€634,0002025

The result rose in 2025: 15-month financial year.

Growth

4 years
2019202020212022202320242025

4 years of growth in a row. Turnover 2025: €184.8m.

Investments

€296,165 2.9 × depreciation
2022202320242025

Green is investment, beige is depreciation. Machinery stands 1035.2% higher than in 2024.

Staff

25.1 FTE from 48.1 in 2018

Between 2018 and 2025, 48% of the full-time equivalents disappeared.

Filings

41 annual accounts since 1980
AprilJune31 JulyOctober1980199520102025

Two of the last ten came late. The 2019 accounts came latest: 167 days after the end of the period.

Checked score

89
Excellent
Financially stronger than 46% of small companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 4,374 companies (NACE 46, small).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.3%▲ +0.1 percentage points vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026 05-2026: 0.8%▲ +0.4 percentage points vs 04-2026 06-2026: 1.0%▲ +0.2 percentage points vs 05-2026 07-2026: 1.7%▲ +0.7 percentage points vs 06-2026highest value 08-2026: 0.2%▼ -1.5 percentage points vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value

Financial strength
Average

68+4equity 43.1% of total assets
42-1short-term debt 54.5% · cash 15.5%
57+2return on assets 4.8%

Score breakdown

raises risk
Judicial reorganisation on record (5 publications, latest 04-12-2019)
lowers risk
Founded in 1979
Liquidity: current ratio 1.76, cash €2.0m
Size: turnover €184.8m, 25.1 FTE, total assets €13.1m
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, small). It does better than 51% of them on solvency, 47% on liquidity and 41% on profitability.

The bankruptcy probability was computed on 09-11-2026 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, 14,766 companies had the same profile as Debra-Meat has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Debra-Meat itself: 0.2% within 12 months.

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 14,766 companies, not a prediction for Debra-Meat. 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 €500,000 on 30-day terms, only on tighter conditions: judicial reorganisation (WER Book XX) on file

Liquidity is ample, with a current ratio of 1.76 (1.64 in 2024), above the usual 1.5. Short-term debt is 54.5% and cash 15.5% of total assets. However, 56.9% 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

Six signals.
lowers riskraises riskneutral
raises risk · Judicial reorganisation on record (5 publications, latest 04-12-2019)
Belgian Official Gazette
lowers risk · Founded in 1979
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.76, cash €2.0m
NBB · annual accounts
lowers risk · Size: turnover €184.8m, 25.1 FTE, total assets €13.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Interim administration
1 publication on interim administration in the Belgian Official Gazette. An early signal, not a finding of bankruptcy.
Belgian Official Gazette
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 days early
2024
36 days early
2023
22 days early
2022
3 days early
2021
31 days early
2020
24 days early
2019
167 days late
← 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 5 days after 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 (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DR
Managing director
MA
Auditor, Liesbet Vandenabeele
Board & ownership

Recent changes

1 director appointed Permanent representatives: DE BRAUWER Geert and DE ROOVER DE BRAUWER Thomas · Change of role: DEBRA - IMMO, from director to managing director · Appointment: DEBRA-CONSULTANCY (managing director) · General meeting of 29-09-2025 · Gazette deed
Reappointment: MOORE AUDIT (statutory auditor) Permanent representative: Liesbet Vandenabeele · General meeting of 27-03-2024 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0419684158
Environmental permit granted Nieuwbouw of aanleggen · Provincie West-Vlaanderen
All 63 events

Comparable companies

same main activity, similar in size and age
Company
Debra-Meat Tielt €184.8m 0.5% 43.1% 25.1
SWAEGERS & CO Hoogstraten €111.7m 0.9% 32.0% 34.3
LORNOY Geel €163.1m 1.1% 17.7% 20.8
DELAVI Tielt €99.9m 1.0% 31.9% 49.1
GROEP DE BRAUWER Wingene €232.0m 0.2% 30.4% 11
VANNIEUWENHUYSE Kortemark €103.4m 0.1% 55.1% 51.9
VLEESGROOTHANDEL RIMA Mechelen €119.1m 3.5% 57.8% 36.9
-10%0%10%20%€100m€1bn€10bnDebra-MeatEBIT margin

Grey: the largest companies of the sector (wholesale trade (NACE 46)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as Debra-Meat: wholesale of meat and meat products, excluding game and poultry (NACE 46321). They are comparable in size and age: total assets between €18m and €35m, founded between 1968 and 1989.

Official details

Source: KBO
Status
Active since 30-08-1979Normal situation
Activity
Wholesale of meat and meat products, excluding game and poultryNACE 46321and 1 other
Joint committee
220White-collar workers in the food industry · annual accounts 2025
Establishment unit
2.016.904.8658700 Tielt, since 30-08-1979
Financial year end
31 December
Peppol
Reachable since 12-07-2024
Company details

Annual accounts 2025

€13.1m
Employeeson 31-12-2025
26
Filing
Filed on 13-07-2026, 18 days before the end of the filing period
Financials

Insights on Debra-Meat

Debra-Meat has existed since 1979. Turnover fell from €217.8m in 2018 to €65.0m in 2019. The previous financial year ran 21 months, this one 12.

Turnover has grown every year since 2021.

DEBRA - IMMO holds all the shares. In October 2025, the Official Gazette published the appointment of DEBRA-CONSULTANCY as managing director.

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 Debra-Meat

What is the company number of Debra-Meat?
The company number of Debra-Meat is 0419.684.158. The VAT number is the same number with BE in front: BE 0419.684.158.
Where is Debra-Meat based?
The registered office is at Hoogserleistraat 3, 8700 Tielt.Company details
What does Debra-Meat do?
According to the KBO register, the main activity is wholesale of meat and meat products, excluding game and poultry (NACE 46321).
What is the legal form of Debra-Meat?
Debra-Meat is a public limited company (NV).
When was Debra-Meat founded?
Debra-Meat was founded on 30-08-1979.
Is Debra-Meat still active?
Yes, Debra-Meat is an active enterprise in the KBO register.
How many employees does Debra-Meat have?
Debra-Meat had an average of 25.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Debra-Meat fall under?
In its 2025 annual accounts, Debra-Meat states joint committee 220 (White-collar workers in the food industry).
What is the turnover of Debra-Meat?
The turnover of Debra-Meat was €184.8m in financial year 2025, according to the filed annual accounts.
Is Debra-Meat profitable?
In financial year 2025, Debra-Meat made a profit of €633,657.
Where can I find the annual accounts of Debra-Meat?
Debra-Meat filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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.