KAASBRIK

Active

Public limited companyfounded 198343 yrs activeIndustriepark 1216, 3545 Halen, BelgiumKBO/BCE: BE 0423.910.091

Summary

KAASBRIK has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €13.4m and a net result of €2.0m. Equity is growing by ~21.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisWatch Report Compare

KAASBRIKActiveChecked score 72/100

Risk analysis Report Compare

What they do

Wholesale trade

NACE 46331NACE 51331

#1 employer in Halen, Wholesale and retail trade sector1 site

How big

€74.4mturnover 2024

Staff: 43.5 FTE
Equity: €13.4m
Profit: €2.0m

Financially healthy?

72 Healthy Checked score 2024

Bankruptcy chance 12 m: 0.3%

Who decides

Parent: Milcobel Dairy · 100%
Board: 6 members
Holdings: 1

Auditor: Eva Van WonterghemAccounts 45 d early

Why 72- Higher-failure-rate sector+ Long track record+ Lower-risk legal form+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence

Checked score

Score 2024

72 / 100

Healthy

Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability66▼-9

Solvency84▲+9

Growth76▼-2

Track record100

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €950,000 at 30 days acceptable

Liquidity ample (current ratio 1.5 against 1.45 in 2023; short-term debt: 40.9% and cash: 0.7% of total assets), and 41.4% 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

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

58.6%

Return on assets

8.8%

Age of the figures

21 mo

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Wholesale trade (NACE 46)

about 21% more bankruptcies

← fewer bankruptcies more bankruptcies →

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 d early

2024

43 d early

2023

35 d early

2022

32 d early

2021

39 d early

2020

39 d late

2019

50 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 29 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)

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 22 June (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

02-10-2026 today31-12-2026 close31-07-2027 deadline

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

18-08-26 Resignation: ORTEGAL BV (director)Permanent representative: Edith Hamelryckx ·…
16-06-26 Annual accounts filedfiscal year 2025 · full…
11-05-26 Resignation: MATTUCIE BV (day-to-day manager)Power of attorney

Key points

Positive: Employer in Halen, Wholesale and retail trade sectorin the Checked rankings #1 View
Board changedlatest change 01-05-2026 · 6 in office 2 joined · 4 left View
Caution: Result fell in 2024from €3.5m to €2.0m ▼ 41.6% View
Controlled by Milcobel Dairyultimately: FrieslandCampina 100% View
Positive: 7 profitable years in a rowprofit 2024: €2.0m 7 years View
Positive: Always filed on timeaccounts within the deadline every year 5 years View