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Olense Vleeswaren Industrie

Active
Public limited companyfounded 1968active for 58 yearsHoogbuul 1, 2250 Olen, BelgiumKBO/BCE: BE 0406.329.733
Summary

Olense Vleeswaren Industrie has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14.4m and a net result of €2.0m. Equity has been growing by about 9.3% per year since 2018. Its solvency ranks better than 69% of 790 sector peers (NACE 10, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 06-07-1968 Normal situation
Activity
Manufacture of food products NACE 10130
Joint committees
118 Paritair Comité voor de voedingsnijverheid
220 Paritair Comité voor de bedienden uit de voedingsnijverheid · annual accounts 30-06-2024
Establishment unit
2.002.163.538 2250 Olen, since 27-11-1968
Financial year end
30 June
Peppol
Reachable since 02-09-2025

Board and ownership

Board
Auditor
Callens Vandelanotte

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 30-06-2025
Turnover
€28.2m
▼ 8.9%
Profit
€2.0m
▼ 37.4%
Equity
€14.4m
▲ 16.3%
Total assets
€26.5m
▲ 4.9%
Employees on 30-06-2025
113
▼ 3.4%
Score breakdownraises riskSector: Manufacture of food products (NACE 10)lowers riskSize: turnover €28.2m, 111 FTE, total assets €26.5mFounded in 1968Equity €14.4m (54.3% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 67% of medium-sized companies in food products (NACE 10)
Financial strength · tick: 2024
Strong
Solvency 79+5
equity 54.3% of total assets
Liquidity 51-23
short-term debt 28.4% · cash 10.1%
Profitability 77-10
return on assets 7.7%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.3% (226 companies, NACE 10, medium-sized)
Last 24 months 12-2024: 0.1%highest value 01-2025: < 0.1%▼ -0.1 percentage points 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 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: 0.1%▲ +0.1 percentage points vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €1,350,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.14 (1.96 in 2024), above the usual 1.5. Short-term debt is 28.4% and cash 10.1% of total assets. 45.7% 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 10, medium-sized). It does better than 70% of them on solvency, 81% on liquidity, 77% on profitability and 41% on growth.

The bankruptcy probability was computed on 02-11-2026 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).

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

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: turnover €28.2m, 111 FTE, total assets €26.5m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1968
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Manufacture of food products (NACE 10)
KBO
lowers risk · Equity €14.4m (54.3% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-12-2025, 51 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
51 days early
2024
50 days early
2023
47 days early
2021
44 days early
2020
45 days early
2019
31 days early
2018
23 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 42 days before the deadline. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 12 December (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end03-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 3rd largest company by total assets in Olen, Manufacturing sectorin the Checked rankings No. 3 View
  • Positive: Filed on time since financial year 2017accounts within the deadline every year 8 years View
  • Caution: Result fell in 2025from €3.3m to €2.0m ▼ 37.4% View
  • Positive: 7 profitable years in a rowprofit 2025: €2.0m 7 years View

Recent changes

  1. · Gazette deed Reappointment: CALLENS VANDELANOTTE (statutory auditor)Permanent representative: Erik THUYSBAERT
  2. · Gazette deed Resignation: VANREUSEL Jozef Lodewijk Dimphna (director)Reappointment: VANREUSEL Philippe (sole director)
  3. · Gazette deed Boekjaar
All 17 events

Comparable companies

These companies have the same main activity as Olense Vleeswaren Industrie: manufacture of food products (NACE 10130). They are comparable in size and age: total assets between €9m and €22m, founded between 1944 and 1977.

CompanyTotal assetsTurnover
Olense Vleeswaren Industrie Olen€26.5m€28.2m
Polca Izegem€21.6m€29.2m
VLEVY Gent€20.3m€36.4m
Theo Bauwens Zele€14.9m€32.7m
Le Bocage Herve€15.3m€30.4m
IZICO BOCHOLT Bocholt€15.7m€47.5m
Vleeswarenfabriek Ropa Diest€9.0m€18.3m
Full comparison

Key facts about Olense Vleeswaren Industrie

What is the company number of Olense Vleeswaren Industrie?
The company number of Olense Vleeswaren Industrie is 0406.329.733. The VAT number is the same number with BE in front: BE 0406.329.733.
Where is Olense Vleeswaren Industrie based?
The registered office is at Hoogbuul 1, 2250 Olen.Company details
What does Olense Vleeswaren Industrie do?
According to the KBO register, the main activity is manufacture of food products (NACE 10130).
What is the legal form of Olense Vleeswaren Industrie?
The legal form of Olense Vleeswaren Industrie is Public limited company (NV).
When was Olense Vleeswaren Industrie founded?
Olense Vleeswaren Industrie was founded on 06-07-1968.
Is Olense Vleeswaren Industrie still active?
Yes, Olense Vleeswaren Industrie is an active enterprise in the KBO register.
How many employees does Olense Vleeswaren Industrie have?
Olense Vleeswaren Industrie had an average of 111 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Olense Vleeswaren Industrie fall under?
In its 30-06-2024 annual accounts, Olense Vleeswaren Industrie states joint committees 118 (Paritair Comité voor de voedingsnijverheid) and 220 (Paritair Comité voor de bedienden uit de voedingsnijverheid).
What is the turnover of Olense Vleeswaren Industrie?
The turnover of Olense Vleeswaren Industrie was €28.2m in financial year 2025, according to the filed annual accounts.
Is Olense Vleeswaren Industrie profitable?
In financial year 2025, Olense Vleeswaren Industrie made a profit of €2.0m.
Where can I find the annual accounts of Olense Vleeswaren Industrie?
Olense Vleeswaren Industrie filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Olense Vleeswaren Industrie due?
Olense Vleeswaren Industrie must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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