INTERVLEES
ActiveSummary
INTERVLEES has been active since 1974 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16.6m and a net result of €6.2m. Equity has been growing by about 13% per year since 2018. Its solvency ranks better than 36% of 6,167 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 13-12-1974 Normal situation
- Activity
- Wholesale of meat and meat products, excluding game and poultry NACE 46321and 1 other
- Joint committees
- 200 Aanvullend Paritair Comité voor de bedienden
- 140.03 Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden · annual accounts 2025
- Establishment unit
- 2.011.622.721 2930 Brasschaat, since 01-11-1974
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
Board
- RPC HOLDINGDirector · since 18-02-2025 · permanent representative WILMINK Rob Peter Christian
- Auditor
- BV Baker Tilly Bedrijfsrevisoren
Shareholders
- RPC HOLDING99.9%· score 962025 annual accounts of RPC HOLDING
- Rob Wilmink0.1%annual accounts 2021
- Holdings
- Shares in 1 company VERO FOOD
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
Annual accounts 2025
- Turnover
- €127.6m
- ▲ 53.3%
- Profit
- €6.2m
- ▲ 318%
- Equity
- €16.6m
- ▲ 54.0%
- Total assets
- €51.1m
- ▲ 55.9%
- Employees on 31-12-2025
- 5
- ▲ 25.0%
Filed on 26-06-2026, 35 days before the deadline
Score breakdownraises riskLiquidity: current ratio 1.55, cash €653,6712 of the last 3 accounts latelowers riskFounded in 1974Size: turnover €127.6m, 4.5 FTE, total assets €51.1mShow the evidence
Checked score
Score 2025
86
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 52% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Average
Solvency
57-1
equity 32.4% of total assets
Liquidity
19-5
short-term debt 62.2% · cash 1.3%
Profitability
72+11
return on assets 12.2%
Bankruptcy probability within 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025
08-2025: 0.8%▲ +0.3 percentage points vs 07-2025
09-2025: 1.0%▲ +0.2 percentage points vs 08-2025
10-2025: 1.6%▲ +0.6 percentage points vs 09-2025highest value
11-2025: 0.4%▼ -1.2 percentage points vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.5%▲ +0.1 percentage points vs 05-2026
07-2026: 0.3%▼ -0.2 percentage points vs 06-2026lowest value
08-2026: 0.3%● unchanged vs 07-2026lowest value
09-2026: 0.3%● unchanged vs 08-2026lowest value
10-2026: 0.3%● unchanged vs 09-2026lowest value
11-2026: 0.3%● unchanged vs 10-2026lowest value
Credit of up to €1,400,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.55 (1.67 in 2024), above the usual 1.5. Short-term debt is 62.2% and cash 1.3% of total assets. However, 67.6% of the assets are financed with debt and provisions.
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 42% of them on solvency, 18% on liquidity, 57% on profitability and 90% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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
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 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 days early
2024
134 days late
2023
57 days late
2022
55 days early
2021
44 days early
2020
12 days early
2019
59 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 15 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 (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. The company usually files around 26 June (4 of the last 5 accounts filed within 93 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 26-06-2026 at the NBB all 47 filings
Turnover
€127.6m▲ 53.3%
2024 · €83.2m
EBIT margin
6.9%▲ 3.5pp
2024 · 3.4%
Net result
€6.2m▲ 318%
2024 · €1.5m
Working capital
€17.4m▲ 40.6%
2024 · €12.4m
In the rankings
#3 company by total assets in Brasschaat, Wholesale and retail trade sector#4 company by equity in Brasschaat, Wholesale and retail trade sector#8 oldest company in Brasschaat, Wholesale and retail trade sector
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 3.1 times that of 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Turnover€127.6m
2025
Operating result€8.8m
2025
Net result€6.2m
2025
Total assets€51.1m
2025
Equity€16.6m
2025
Debt€34.3m
2025
Working capital€17.4m
2025
EBIT margin6.9%
2025
Return on assets (ROA)12.2%
2025
Solvency32.4%
2025
Current ratio1.55
2025
Staff (FTE)4.5
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€92.7m-€77.9m▼ 16.0%€55.6m▼ 28.6%€81.3m▲ 46.1%€91.1m▲ 12.1%€99.9m▲ 9.6%€83.2m▼ 16.6%€127.6m▲ 53.3%
Operating result€0.7m-€1.8m▲ 145%€0.3m▼ 84.3%€7.6m▲ 27×€6.7m▼ 11.7%€2.8m▼ 58.7%€2.8m▲ 2.2%€8.8m▲ 212%
Net result€0.4m-€1.1m▲ 148%€0.02mwithin the sector's middle half▼ 97.8%€5.3mabove the sector's middle half▲ 226×€4.7mabove the sector's middle half▼ 12.5%€1.4mabove the sector's middle half▼ 69.1%€1.5mabove the sector's middle half▲ 3.8%€6.2mabove the sector's middle half▲ 318%
EBIT margin0.8%-2.3%▲ 1.5pp0.5%▼ 1.8pp9.3%▲ 8.8pp7.3%▼ 2.0pp2.8%▼ 4.6pp3.4%▲ 0.6pp6.9%▲ 3.5pp
Equity€7.1m-€5.7m▼ 19.9%€5.7mabove the sector's middle half▲ 0.4%€8.1mabove the sector's middle half▲ 40.5%€10.2mabove the sector's middle half▲ 26.8%€10.5mabove the sector's middle half▲ 2.3%€10.8mabove the sector's middle half▲ 2.8%€16.6mabove the sector's middle half▲ 54.0%
Total assets€26.6m-€28.0m▲ 5.2%€27.1mabove the sector's middle half▼ 3.0%€21.0mabove the sector's middle half▼ 22.6%€33.4mabove the sector's middle half▲ 58.9%€33.4mabove the sector's middle half▲ 0.1%€32.8mabove the sector's middle half▼ 1.9%€51.1mabove the sector's middle half▲ 55.9%
Debt€19.1m-€22.0m▲ 15.0%€21.2m▼ 3.9%€12.8m▼ 39.7%€22.7m▲ 78.4%€22.6m▼ 0.6%€21.7m▼ 4.1%€34.3m▲ 58.3%
Working capital€7.7m-€5.3m▼ 31.1%€5.3mabove the sector's middle half▼ 1.5%€7.4mabove the sector's middle half▲ 40.3%€12.4mabove the sector's middle half▲ 68.0%€12.3mabove the sector's middle half▼ 0.9%€12.4mabove the sector's middle half▲ 0.8%€17.4mabove the sector's middle half▲ 40.6%
Solvency26.8%-20.4%▼ 6.4pp21.2%within the sector's middle half▲ 0.7pp38.4%within the sector's middle half▲ 17.2pp30.6%within the sector's middle half▼ 7.8pp31.3%within the sector's middle half▲ 0.7pp32.8%within the sector's middle half▲ 1.5pp32.4%within the sector's middle half▼ 0.4pp
Current ratio1.46-1.26▼ 0.201.26within the sector's middle half▲ 0.011.61within the sector's middle half▲ 0.351.64within the sector's middle half▲ 0.031.64within the sector's middle half=1.67within the sector's middle half▲ 0.031.55within the sector's middle half▼ 0.12
Return on assets (ROA)1.6%-3.9%▲ 2.2pp0.1%below the sector's middle half▼ 3.8pp25.3%above the sector's middle half▲ 25.2pp13.9%above the sector's middle half▼ 11.4pp4.3%within the sector's middle half▼ 9.6pp4.6%within the sector's middle half▲ 0.2pp12.2%above the sector's middle half▲ 7.7pp
Staff (FTE)7.3-7.7▲ 5.5%6.1within the sector's middle half▼ 20.8%6.2within the sector's middle half▲ 1.6%6.4within the sector's middle half▲ 3.2%6.6within the sector's middle half▲ 3.1%4.4within the sector's middle half▼ 33.3%4.5within the sector's middle half▲ 2.3%
above
within
below
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51.1m
Fixed assets
€1.9m ▲ 0.3%
Current assets
€49.2m ▲ 59.4%
Equity and liabilities €51.1m
Equity
€16.6m ▲ 54.0%
Provisions
€237,654 ▼ 31.8%
Debt
€34.3m ▲ 58.3%
Debt's share of the balance-sheet total rises from 66.1% to 67.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€8.9m▲
2024 · €2.9m
Cash flow
€6.4m▲
2024 · €1.6m
Quick ratio
0.70▲
2024 · 0.49
Debt to equity
2.07▲
2024 · 2.02
ROE
37.7%▲
2024 · 13.9%
Interest coverage
14.65▲
2024 · 6.29
Debt ≤ 1 year
€31.8m▲
2024 · €18.5m
Debt > 1 year
€2.3m▼
2024 · €3.2m
Income taxes
€2.1m▲
2024 · €512,146
Customer credit
37 days▲
2024 · 36 days
Supplier credit
29 days▲
2024 · 14 days
Staff costs
€779,177▲
2024 · €709,917
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 7 | 6 | 7 | 4 | 5 |
| full-time | 5 | 5 | 5 | 3 | 4 |
| part-time | 2 | 1 | 2 | 1 | 1 |
| in full-time equivalents | 6 | 5.5 | 6 | 3.9 | 4.9 |
| Average over the year, in full-time equivalents | 6.2 | 6.4 | 6.6 | 4.4 | 4.5 |
| On a permanent contract | 7 | 6 | 7 | 4 | 5 |
| Joined | 2 | 2 | 2 | 3 | 1 |
| Left | 2 | 3 | 1 | 6 | 0 |
| Agency workers, average number | 0.5 | 0.2 | - | 1 | 1 |
| Training hours | - | - | - | - | 1 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | - | €759,539 | €606,127 | - | €1.1m |
| Debts guaranteed by Belgian public bodies | €912,466 | - | - | - | - |
| Mortgage mandates | - | - | - | - | €2.3m |
| Pledge on the business | €11.0m | €14.3m | €14.3m | €14.3m | €17.0m |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €12,726 | €91,399 | €361,043 | €83,558 | €188,396 |
| Intangible fixed assets | - | €8,500 | €75,040 | €50,690 | €45,000 |
| Depreciation and write-downs of the year | €89,942 | €87,062 | €98,486 | €117,616 | €133,702 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Auditor
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Fee for the audit | €8,971 | €9,923 | €10,183 | €10,286 | €11,023 |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Comparable companies
These companies have the same main activity as INTERVLEES: wholesale of meat and meat products, excluding game and poultry (NACE 46321). They are comparable in size and age: total assets between €15m and €73m, founded between 1968 and 1984.
| Company | Founded | Total assets | Equity | Turnover | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| INTERVLEES Brasschaat | 1974 | €51.1m | €16.6m | €127.6m | €6.2m | 4.5 | 2025 |
| Locks Gent | 1984 | €72.8m | €22.9m | €91.3m | €0.1m | 7.7 | 2025 |
| Van Aerde Wijnegem | 1968 | €41.4m | €9.5m | €104.1m | €0.8m | 16.1 | 2025 |
| GROEP DE BRAUWER Wingene | 1983 | €17.8m | €5.4m | €232.0m | €0.01m | 11 | 2025 |
| LORNOY Geel | 1968 | €29.6m | €5.2m | €163.1m | €1.4m | 20.8 | 2025 |
| Jos Leemput Tienen | 1983 | €15.2m | €8.0m | €70.5m | €1.8m | 13.7 | 2025 |
| DIERICKX Zele | 1981 | €16.5m | €13.0m | €48.9m | €2.1m | 11.8 | 2025 |
They were chosen from the 549 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 31,368 companies had the same profile as INTERVLEES has now. Two years later, 0.5% had gone bankrupt and 93.5% were still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93.5%
was still going
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of INTERVLEES itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 31,368 companies, not a prediction for INTERVLEES. 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.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €81.5m | €91.4m | €100.1m | €83.3m | €127.6m | ▲ 53.2% |
| Turnover70 | €92.7m | €77.9m | €55.6m | €81.3m | €91.1m | €99.9m | €83.2m | €127.6m | ▲ 53.3% |
| Other operating income74 | - | - | - | €0.2m | €0.3m | €0.2m | €0.05m | €0.06m | ▲ 32.9% |
| Non-recurring operating income76A | - | - | - | €0.003m | €0 | - | - | - | - |
| Operating charges60/66A | - | - | - | €73.9m | €84.7m | €97.3m | €80.5m | €118.8m | ▲ 47.7% |
| Goods for resale, raw materials and consumables60 | - | - | - | €71.5m | €82.2m | €95.0m | €78.1m | €116.2m | ▲ 48.9% |
| Purchases600/8 | - | - | - | €60.8m | €96.2m | €93.7m | €78.1m | €121.3m | ▲ 55.3% |
| Change in stocks: decrease (increase)609 | - | - | - | €10.7m | -€14.0m | €1.3m | -€0.02m | -€5.0m | ▼ 22,941% |
| Services and other goods61 | - | - | - | €1.3m | €1.2m | €1.3m | €1.4m | €1.6m | ▲ 19.6% |
| Remuneration, social security and pensions62 | - | - | - | €0.7m | €0.8m | €0.8m | €0.7m | €0.8m | ▲ 9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.2m | €0.1m | €0.1m | €0.09m | €0.09m | €0.1m | €0.1m | €0.1m | ▲ 13.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0.04m | -€0.04m | €0 | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €0.2m | -€0.06m | €0.01m | -€0.1m | - |
| Other operating charges640/8 | - | - | - | €0.04m | €0.1m | €0.01m | €0.03m | €0.02m | ▼ 31.1% |
| Non-recurring operating charges66A | - | - | - | €0.3m | €0.08m | €0.3m | €0.2m | €0.1m | ▼ 11.5% |
| Operating profit (loss)9901 | €0.7m | €1.8m | €0.3m | €7.6m | €6.7m | €2.8m | €2.8m | €8.8m | ▲ 212% |
| Financial income75/76B | - | - | - | €0.09m | €0.1m | €0.3m | €0.2m | €1.4m | ▲ 758% |
| Recurring financial income75 | €0.5m | €0.3m | €0.2m | €0.08m | €0.09m | €0.3m | €0.1m | €1.1m | ▲ 759% |
| Income from financial fixed assets750 | - | - | - | €0 | - | €0.2m | €396 | €306 | ▼ 22.9% |
| Other financial income752/9 | - | - | - | €0.08m | €0.09m | €0.2m | €0.1m | €1.1m | ▲ 761% |
| Non-recurring financial income76B | - | - | - | €0.005m | €0.05m | €0 | €0.04m | €0.3m | ▲ 753% |
| Financial charges65/66B | - | - | - | €0.5m | €0.6m | €1.2m | €1.0m | €1.8m | ▲ 83.7% |
| Recurring financial charges65 | €0.7m | €0.6m | €0.5m | €0.5m | €0.6m | €1.0m | €1.0m | €1.5m | ▲ 54.1% |
| Debt charges650 | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | €0.7m | €0.5m | €0.6m | ▲ 30.4% |
| Other financial charges652/9 | - | - | - | €0.3m | €0.4m | €0.3m | €0.5m | €0.9m | ▲ 75.7% |
| Non-recurring financial charges66B | - | - | - | - | - | €0.1m | €0.009m | €0.3m | ▲ 35× |
| Profit (loss) for the period before taxes9903 | €0.6m | €1.5m | €0.007m | €7.1m | €6.2m | €1.9m | €2.0m | €8.4m | ▲ 319% |
| Transfer from deferred taxes780 | - | - | - | €0.04m | €0.02m | €0.01m | €0.01m | €0.009m | ▼ 6.4% |
| Income taxes67/77 | €0.2m | €0.4m | €0.001m | €1.8m | €1.6m | €0.5m | €0.5m | €2.1m | ▲ 316% |
| Taxes670/3 | - | - | - | €1.8m | €1.6m | €0.5m | €0.5m | €2.1m | ▲ 316% |
| Profit (loss) for the period9904 | €0.4m | €1.1m | €0.02m | €5.3m | €4.7m | €1.4m | €1.5m | €6.2m | ▲ 318% |
| Transfer from tax-exempt reserves789 | - | - | - | €0.1m | €0.05m | €0.04m | €0.03m | €1.0m | ▲ 34× |
| Transfer to tax-exempt reserves689 | - | - | - | €1.0m | €0 | - | €0.1m | €1.0m | ▲ 603% |
| Profit (loss) for the period to be appropriated9905 | €0.5m | €1.5m | €0.08m | €4.4m | €4.7m | €1.5m | €1.4m | €6.3m | ▲ 354% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €26.6m | €28.0m | €27.1m | €21.0m | €33.4m | €33.4m | €32.8m | €51.1m | ▲ 55.9% |
| Fixed assets21/28 | €2.0m | €1.8m | €1.7m | €1.7m | €1.7m | €1.9m | €1.9m | €1.9m | ▲ 0.3% |
| Intangible fixed assets21 | €0.01m | €0.005m | €0.001m | €0 | €0.008m | €0.08m | €0.1m | €0.1m | ▲ 13.1% |
| Tangible fixed assets22/27 | €1.8m | €1.6m | €1.5m | €1.5m | €1.5m | €1.7m | €1.7m | €1.8m | ▲ 5.0% |
| Land and buildings22 | - | - | - | €1.4m | €1.4m | €1.6m | €1.6m | €1.5m | ▼ 3.5% |
| Plant, machinery and equipment23 | - | - | - | €0.006m | €0.01m | €0.08m | €0.09m | €0.07m | ▼ 21.8% |
| Furniture and vehicles24 | - | - | - | €0.04m | €0.05m | €0.04m | €0.02m | €0.2m | ▲ 667% |
| Financial fixed assets28 | €0.2m | €0.1m | €0.2m | €0.2m | €0.2m | €0.07m | €0.09m | €0 | ▼ 100% |
| Affiliated companies280/1 | - | - | - | €0.2m | €0.2m | €0.07m | €0.09m | €0 | ▼ 100% |
| Participating interests280 | - | - | - | €0.2m | €0.2m | €0.07m | €0.09m | €0 | ▼ 100% |
| Current assets29/58 | €24.6m | €26.2m | €25.4m | €19.4m | €31.7m | €31.6m | €30.9m | €49.2m | ▲ 59.4% |
| Stocks and contracts in progress3 | €15.8m | €17.4m | €19.9m | €9.2m | €23.1m | €21.8m | €21.8m | €26.9m | ▲ 23.0% |
| Stocks30/36 | - | - | - | €9.2m | €23.1m | €21.8m | €21.8m | €26.9m | ▲ 23.0% |
| Goods purchased for resale34 | - | - | - | €9.2m | €23.1m | €21.8m | €21.8m | €26.9m | ▲ 23.0% |
| Amounts receivable within one year40/41 | €8.5m | €8.5m | €5.5m | €9.0m | €8.6m | €9.2m | €8.3m | €13.3m | ▲ 59.8% |
| Trade receivables40 | - | - | - | €8.6m | €8.5m | €8.6m | €8.2m | €12.9m | ▲ 56.7% |
| Other amounts receivable41 | - | - | - | €0.3m | €0.01m | €0.6m | €0.09m | €0.4m | ▲ 336% |
| Cash at bank and in hand54/58 | €0.05m | €0.05m | €0.02m | €1.2m | €0.004m | €0.5m | €0.7m | €0.7m | ▼ 3.9% |
| Deferred charges and accrued income490/1 | - | - | - | €0.01m | €0.03m | €0.03m | €0.02m | €8.4m | ▲ 500× |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €26.6m | €28.0m | €27.1m | €21.0m | €33.4m | €33.4m | €32.8m | €51.1m | ▲ 55.9% |
| Equity10/15 | €7.1m | €5.7m | €5.7m | €8.1m | €10.2m | €10.5m | €10.8m | €16.6m | ▲ 54.0% |
| Contributions10/11 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.06m | ▼ 87.5% |
| Capital10 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.06m | ▼ 87.5% |
| Issued capital100 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.06m | ▼ 87.5% |
| Reserves13 | €4.2m | €4.2m | €4.2m | €5.1m | €5.0m | €5.0m | €5.1m | €6.0m | ▲ 18.8% |
| Non-distributable reserves130/1 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.006m | ▼ 87.5% |
| Legal reserve130 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.006m | ▼ 87.5% |
| Tax-exempt reserves132 | - | - | - | €1.6m | €1.6m | €1.5m | €1.6m | €1.6m | ▼ 2.1% |
| Distributable reserves133 | - | - | - | €3.4m | €3.4m | €3.4m | €3.4m | €4.5m | ▲ 30.2% |
| Profit (loss) carried forward14 | €2.4m | €1.0m | €1.1m | €2.5m | €4.7m | €5.0m | €5.2m | €10.5m | ▲ 102% |
| Provisions and deferred taxes16 | €0.3m | €0.2m | €0.2m | €0.2m | €0.4m | €0.3m | €0.3m | €0.2m | ▼ 31.8% |
| Provisions for liabilities and charges160/5 | - | - | - | - | €0.2m | €0.2m | €0.2m | €0.09m | ▼ 52.2% |
| Other liabilities and charges164/5 | - | - | - | - | €0.2m | €0.2m | €0.2m | €0.09m | ▼ 52.2% |
| Deferred taxes168 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 6.1% |
| Amounts payable17/49 | €19.1m | €22.0m | €21.2m | €12.8m | €22.7m | €22.6m | €21.7m | €34.3m | ▲ 58.3% |
| Amounts payable after more than one year17 | €2.2m | €1.1m | €0.9m | €0.8m | €3.4m | €3.2m | €3.2m | €2.3m | ▼ 25.9% |
| Financial debts170/4 | - | - | - | €0.8m | €3.4m | €3.2m | €3.2m | €2.3m | ▼ 25.9% |
| Credit institutions173 | - | - | - | €0.8m | €0.6m | €0.5m | €0.4m | €0.9m | ▲ 113% |
| Other loans174 | - | - | - | - | €2.8m | €2.8m | €2.8m | €1.5m | ▼ 47.3% |
| Amounts payable within one year42/48 | €16.9m | €20.9m | €20.2m | €12.0m | €19.3m | €19.3m | €18.5m | €31.8m | ▲ 71.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €1.5m | €0.2m | €0.2m | €0.03m | €0.2m | ▲ 546% |
| Financial debts43 | - | - | - | €3.4m | €12.2m | €14.9m | €14.8m | €21.2m | ▲ 42.7% |
| Credit institutions430/8 | - | - | - | €3.4m | €12.2m | €14.9m | €14.8m | €21.2m | ▲ 42.7% |
| Trade debts44 | €2.4m | €3.7m | €3.0m | €2.0m | €3.9m | €2.6m | €3.0m | €9.2m | ▲ 203% |
| Suppliers440/4 | - | - | - | €2.0m | €3.9m | €2.6m | €3.0m | €9.2m | ▲ 203% |
| Taxes, remuneration and social security45 | - | - | - | €0.5m | €0.6m | €0.2m | €0.2m | €0.3m | ▲ 37.8% |
| Taxes450/3 | - | - | - | €0.4m | €0.5m | €0.1m | €0.2m | €0.2m | ▲ 38.2% |
| Remuneration and social security454/9 | - | - | - | €0.08m | €0.09m | €0.09m | €0.05m | €0.07m | ▲ 36.8% |
| Other amounts payable47/48 | - | - | - | €4.6m | €2.5m | €1.4m | €0.4m | €1.0m | ▲ 138% |
| Accrued charges and deferred income492/3 | - | - | - | €0.006m | €0.05m | €0.1m | €0 | €0.2m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.4m | €1.1m | €0.02m | €5.3m | €4.7m | €1.4m | €1.5m | €6.2m | ▲ 318% |
| + Depreciation and write-downs630 | €0.2m | €0.1m | €0.1m | €0.09m | €0.09m | €0.1m | €0.1m | €0.1m | ▲ 13.7% |
| Operating cash flow (approximation) | €0.6m | €1.2m | €0.1m | €5.4m | €4.7m | €1.5m | €1.6m | €6.4m | ▲ 296% |
| Investment in fixed assets (approximation) | - | €0.05m | -€0.06m | -€0.02m | -€0.1m | -€0.3m | -€0.2m | -€0.1m | ▲ 13.6% |
| Change in cash | - | €0.002m | -€0.03m | €1.2m | -€1.2m | €0.5m | €0.2m | -€0.03m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 47 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 26-06-2026 | 2026-00201131 | NBB |
| 31-12-2024 | full format | 12-12-2025 | 2025-00580692 | |
| 31-12-2023 | full format | 26-09-2024 | 2024-00476113 | |
| 31-12-2022 | full format | 06-06-2023 | 2023-00111966 | |
| 31-12-2021 | full format | 17-06-2022 | 2022-20070207 | |
| 31-12-2020 | full format | 19-07-2021 | 2021-37300522 | |
| 31-12-2019 | full format | 28-09-2020 | 2020-56500024 | |
| 31-12-2018 | full format | 22-08-2019 | 2019-49400036 | |
| 31-12-2017 | full format | 28-06-2018 | 2018-25200058 | |
| 31-12-2016 | full format | 13-07-2017 | 2017-30700538 |
Board & ownership
Directors
Directors
1 director, last change in 2025
Board 1
RPC HOLDING
Current
Niet statutaire enige bestuurder · since 18-02-2025 · earlier director, until 28-02-2025 · 6-year term from 2025 · Private limited company · permanent representative: WILMINK Rob Peter Christian · listed in the 2025 annual accounts, filed on 26-06-2026
Permanent representatives 1
WILMINK Rob Peter Christian
Current
Permanent representative · appointed in the act of 28-02-2025 · for RPC HOLDING
Statutory auditor 1
BV Baker Tilly Bedrijfsrevisoren
Current
Statutory auditor · appointed in the act of 19-10-2026 · permanent representative: Elke De Vriendt
Owners and capital
Shareholders
2 ownersChain of control
- RPC HOLDING
- INTERVLEES
Owners 2
- RPC HOLDINGparentEquity €11.3m Loss of €131,400 in 2025 (profit of €1.4m in 2024) Checked score 9699.9%
- Rob Wilminknatural personSourceown accounts 20210.1%
Capital transactions
Capital over time
- 28-02-2025 Capital reduction of €437,500 · to €62,500 · repaid to the shareholders
Mandate history
5 people, 2 in office
- Board
- Day-to-day management
- Statutory auditor
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| RPC HOLDING |
|
| BV Baker Tilly Bedrijfsrevisoren |
|
| Foqué & Partners |
|
| DE MOS Esmée |
|
| Wilmink Rob |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Zonder goedkeuring overdraagbaar onder levenden of overgang door overlijden, aandelen van een aandeelhouder”
Articles of association, deed of 28-02-2025 (in Dutch)
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
-
50%
Board mandates elsewhere
1 board mandateBoard mandates of INTERVLEESINTERVLEES sits on their board1
Companies at the same address
3 other companiesConnections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
Intercapital Real Estate
Shared corporate director
→
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
19-10
Gazette deed
Reappointment: Baker Tilly Bedrijfsrevisoren BV (statutory auditor)2 points ▸
Gazette deed
Reappointment: Baker Tilly Bedrijfsrevisoren BV (statutory auditor)
2 points ▸
- General meeting, 26-06-2026
- Auditor reappointment, Baker Tilly Bedrijfsrevisoren BV (statutory auditor)
26-06
full format · 35 days before the deadline
2025
31-12
Financial
Highest result from 2018 to 2025net €6.2m ▲318%
The operating result of €8.8m and the net result of €6.2m are both a record.
12-12
full format · 134 days late
28-02
Gazette deed
Capital decrease of €437,500 to €62,500Change of role: RPC HOLDING, from director to niet statutaire enige bestuurder · Resignation: DE MOS Esmée (director) · Permanent representative: WILMINK Rob Peter Christian15 points ▸
Gazette deed
Capital decrease of €437,500 to €62,500
Change of role: RPC HOLDING, from director to niet statutaire enige bestuurder · Resignation: DE MOS Esmée (director) · Permanent representative: WILMINK Rob Peter Christian15 points ▸
- General meeting, 18-02-2025
- Amendment of the articles, mentioned 2 times in the deed
- Purpose change
- Capital decrease, €437,500
- Reserve release, “beschikbare reserves” (deed in Dutch)
- Capital, €62,500
- Power of attorney, Melissa Saelens
- Director resignation, RPC HOLDING (director)
- Director resignation, DE MOS Esmée (director)
- Director discharge, RPC HOLDING
- Director discharge, DE MOS Esmée
- Director appointment, RPC HOLDING (niet statutaire enige bestuurder)
- The act holds 3 more points.
2024
26-09
full format · 57 days late
2023
14-07
Gazette deed
Reappointment: Foqué & Partners (statutory auditor)3 points ▸
Gazette deed
Reappointment: Foqué & Partners (statutory auditor)
3 points ▸
- General meeting, 30-05-2023
- Auditor reappointment, Foqué & Partners (statutory auditor)
- Other provision, “Vertegenwoordigd door, representative of signatory” (deed in Dutch)
06-06
full format · 55 days before the deadline
2022
31-12
Financial
Equity above €10mequity €10.2m ▲26.8%
With a profit in every financial year since 2018, equity grows to €10.2m.
17-06
full format · 44 days before the deadline
04-03
Gazette deed
Resignation: Wilmink Rob (director)Appointment: De Mos Esmée (director) · Reappointment: RPC Holding BV (managing director) · Permanent representative: Wilmink Rob6 points ▸
Gazette deed
Resignation: Wilmink Rob (director)
Appointment: De Mos Esmée (director) · Reappointment: RPC Holding BV (managing director) · Permanent representative: Wilmink Rob6 points ▸
- General meeting, 26-01-2022
- Director resignation, Wilmink Rob (director)
- Director discharge, Wilmink Rob (director)
- Director appointment, De Mos Esmée (director)
- Director reappointment, RPC Holding BV (managing director)
- Permanent representative, Wilmink Rob
2021
19-07
full format · 12 days before the deadline
Show earlier events
2020
31-12
Financial
Weakest financial yearnet €23,594 ▼97.8%
The net result drops to €23,594, the lowest from 2018 to 2025. It recovers the following year.
28-09
full format · 59 days late
2019
22-08
full format · 22 days late
2018
28-06
full format · 33 days before the deadline
2017
13-07
full format · 18 days before the deadline
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
INTERVLEES in Dutch
Enterprise number
0414.645.207
Legal form
Public limited company
Status
Active, normale toestand
Founded
13-12-1974
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 28-02-2025 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 28-02-2025 (in Dutch)Registered office and establishments
Registered office
Essensteenweg 13, 2930 Brasschaat, Belgium
Establishment unit
NV INTERVLEES, Essensteenweg 13, 2930 Brasschaat since 01-11-1974 · unit number 2.011.622.721
Activities
NACEBEL 2025VAT activities
46321
Wholesale of meat and meat products, excluding game and poultry main activity
47221
Retail sale of meat and meat products, excluding game and poultry
Social security (RSZ) activities
46321
Wholesale of meat and meat products, excluding game and poultry main activity
Codes under NACEBEL 2008
VAT activities
46321
Wholesale of meat and meat products, excluding game and poultry main activity
47221
Retail trade
Social security (RSZ) activities
46321
Wholesale of meat and meat products, excluding game and poultry main activity
Codes under NACEBEL 2003
VAT activities
51321
main activity
52220
Social security (RSZ) activities
51321
main activity
Joint committees
200 Aanvullend Paritair Comité voor de bedienden
140.03 Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden annual accounts 2025
Invoicing and payment
VAT number
BE 0414.645.207
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Tuesday of May
deed of 28-02-2025 (in Dutch)Recognitions · licences · registrations
Food safety, FASFC
1 siteBrasschaatunit number 2.011.622.721
Legal Entity Identifier
967600M6F6ZW4N1WTZ82
Sites & property
Location
Buildings and parcels at the address
Ground area
1,870 m²
Building footprint
377 m²
Building volume
1,945 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11008B0077/00K000 | Flanders | 1,870 m² | 1 · 377 m² | 8.2 m · 2 |