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Produpain

Active
Public limited companyfounded 2003active for 22 yearsDulle-Grietlaan 9, 9050 Gent, BelgiumKBO/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 has been stable since 2019 (±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).

Overview

Official details

KBO
Status
Active since 04-11-2003 Normal situation
Registered office
12 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 1 November 2026.
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

Board and ownership

Board
  • ArbacoManaging director
  • De Corte LucDirector · since 25-03-2021
Auditor
Finvision Bedrijfsrevisoren Waregem BV

Financial position

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%
Filed on 27-03-2026, 34 days before the deadlinePDF
Score breakdownraises 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 stronger than 37% of medium-sized companies in food products (NACE 10)
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 within 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 is insufficient, with a current ratio of 0.7 (0.57 in 2024), below 1. Short-term debt is 76.6% and cash 7.7% of total assets. 89.9% 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 11% of them 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. 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

Six signals.
lowers riskraises riskneutral
lowers risk · 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 the company's profile.
NBB · annual accounts
raises risk · Sector: Manufacture of food products (NACE 10)
KBO
raises risk · Equity €2.9m (10.1% of total assets)
NBB · annual accounts
lowers risk · Founded in 2003
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 · Weak solvency compared with the 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 →
neutral · 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

The company filed its last 7 accounts on average 5 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 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 12 April (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end01-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

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: Lower solvency than 85% of companies in food productssector median 39.7% · 788 companies 10.1% View
  • Flemish supportawarded from 2022 to 2025 €62,546 View

Companies linked to Produpain

Comparable companies

These companies have the same main activity as Produpain: manufacture of food products (NACE 10711). They are comparable in size and age: total assets between €14m and €25m, founded between 1996 and 2010.

CompanyTotal assetsTurnover
Produpain Gent€28.2m€23.8m
Guenther Bakeries Belgium Olen€21.9m€26.9m
ECLAIR Zaventem€16.6m€29.3m
VANDEMOORTELE EEKLO Eeklo€16.8m€24.1m
WOUTERS BROOD & PATISSERIE Kalmthout€14.0m€19.8m
LA LORRAINE OOSTENDE Oostende€24.7m€46.2m
DELY WAFELS Estaimpuis€19.2m€19.7m
Full comparison

Documents

Annual accounts at the NBB

All 21 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Produpain

What is the company number of Produpain?
The company number of Produpain is 0861.472.044. The VAT number is the same 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?
The legal form of Produpain is Public limited company (NV).
When was Produpain founded?
Produpain was 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?
Produpain had an average of 118.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Produpain?
The turnover of Produpain was €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?
Produpain must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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