Produpain

Active

Public limited companyfounded 2003active for 22 yearsDulle-Grietlaan 9, 9050 Gent, Belgium12 active companies are registered at this addressKBO/BCE: BE 0861.472.044

From the official registers: KBO 21 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Produpain has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.9m and a net result of €2.3m. Equity remains stable across the filed financial years (±0% per year). Its solvency ranks better than 15% of 788 sector peers (NACE 10, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisFollow Report Compare

ProdupainActiveChecked score 81/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 04-11-2003 Normal situation
Legal form: Public limited company
Registered office: Dulle-Grietlaan 9, 9050 Gent
Activity: Manufacture of food products NACE 10711and 5 others
Establishment units: 2.134.565.073 9050 Gent, since 07-01-2004
: 2.358.885.887 8020 Oostkamp, since 02-05-2024
Financial year end: 30 September
Peppol: Reachable since 07-10-2025

Company details

Who decides

Board

ArbacoManaging director
De Corte LucDirector · since 25-03-2021

Auditor: Finvision Bedrijfsrevisoren Waregem BV

Shareholders

Arbaco100%annual accounts 30-09-2025

Holdings: Shares in 10 companies including Brocenter Alfa and Brocenter Beta

Board & ownership

How it is doing

81 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.4%

Annual accounts to 30-09-2025

Turnover: €23.8m; ▲ 18.0%
Profit: €2.3m; ▲ 112%
Equity: €2.9m; =
Total assets: €28.2m; ▲ 30.5%
Staff: 118.6 FTE; ▲ 28.6%

2025 accounts 34 days early

Filed on 27-03-2026PDF

Financials

Why 81raises riskSector: Manufacture of food products (NACE 10)Equity €2.9m (10.1% of total assets)lowers riskSize: turnover €23.8m, 118.6 FTE, total assets €28.2mFounded in 2003Show the evidence

Checked score

Score 2025

81 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 37% of its sector peers (NACE 10, medium-sized)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 35-3

equity 10.1% of total assets

Liquidity 18-10

short-term debt 76.6% · cash 7.7%

Profitability 73+10

return on assets 8.3%

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

About 4 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 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025highest value 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.4%▼ -0.1 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 01-2026lowest value 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: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026

Credit of up to €230,000 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.7, compared with 0.57 in 2024, below 1; short-term debt: 76.6% and cash: 7.7% of total assets), and 89.9% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 11% on solvency, 12% on liquidity, 66% on profitability and 58% on growth.

The bankruptcy probability was computed on 31-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises riskneutral

Size: turnover €23.8m, 118.6 FTE, total assets €28.2m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Sector: Manufacture of food products (NACE 10)

KBO

Equity €2.9m (10.1% of total assets)

NBB · annual accounts

Founded in 2003

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 788 sector peers (2025).

NBB · sector comparison

Position among 788 sector peers

Solvency

better than 15%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-03-2026, 34 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

34 days early

2024

6 days early

2023

101 days late

2022

32 days early

2021

18 days early

2020

36 days early

2019

13 days 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 5 days before the deadline; the sector median (NACE 10) for financial year 2024 is 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 12 April (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-09-2026 year end01-11-2026 today30-04-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Positive: Result rose in 2025from €1.1m to €2.3m ▲ 112% View
Positive: 6 years of growth in a rowturnover 2025: €23.8m 6 years View
Caution: Among the weakest 15% on solvencysector median 39.7% · 788 companies 10.1% View
Flemish supportawarded from 2022 to 2025 €62,546 View

Documents

Key facts about Produpain

What is the company number of Produpain?: 0861.472.044. In Belgium the VAT number is the company number with BE in front: BE 0861.472.044.
Where is Produpain based?: The registered office is at Dulle-Grietlaan 9, 9050 Gent.Company details
What does Produpain do?: According to the KBO register, the main activity is manufacture of food products (NACE 10711).
What is the legal form of Produpain?: Public limited company (NV).
When was Produpain founded?: On 04-11-2003.
Is Produpain still active?: Yes, Produpain is an active enterprise in the KBO register.
How many employees does Produpain have?: On average 118.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Produpain?: €23.8m in financial year 2025, according to the filed annual accounts.
Is Produpain profitable?: In financial year 2025, Produpain made a profit of €2.3m.
Where can I find the annual accounts of Produpain?: Produpain filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of Produpain due?: By 30-04-2027, for financial year 2026.Timeline