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RUPELMEAT

Active
Public limited companyfounded 198243 yrs activeVerwelkomingsstraat 10, 1070 Anderlecht, BelgiumKBO/BCE: BE 0423.280.185
Summary

RUPELMEAT has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of -€62,535. Equity is growing by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 74% of 647 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability29▼-7
Solvency84=
Growth56=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days acceptable
Liquidity ample (current ratio 2.41 against 2.43 in 2024; short-term debt: 41.5% and cash: 0.2% of total assets), and 41.5% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · 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
highest failure risk from 2 to 8 years 43 years 0 50 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Manufacture of food products (NACE 10)
about 60% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
58.5%
Return on assets
-3.2%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€62,535
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 d early
2024
31 d early
2023
37 d early
2022
31 d late
2021
11 d late
2020
10 d late
2019
91 d late
← 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 6 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (2)
neutral · 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.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

RUPELMEAT was incorporated on 29 November 1982.1 Revenue grew from EUR 3.2 million in 2018 to EUR 5 million in 2023 and headcount from 6.7 full-time equivalents in 2018 to 4 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2023 and 2025

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Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, full schema

Turnover
€5.0m▲ 4.7%
2022 · €4.8m
EBIT margin
2.4%=
2022 · 2.5%
Net result
-€62,535▼ 480%
2024 · -€10,788
Working capital
€1.1m▼ 5.2%
2024 · €1.2m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€4.2m▲ 9.7%€4.8m▲ 13.6%€5.0m▲ 4.7%
Operating result€115,265▲ 7.1%€119,649▲ 3.8%€122,801▲ 2.6%€59,737▼ 51.4%-€102,137
Net result€138,191within the sector's middle half▲ 93.2%€108,045within the sector's middle half▼ 21.8%€121,926within the sector's middle half▲ 12.8%-€10,788below the sector's middle half-€62,535below the sector's middle half▼ 480%
EBIT margin2.7%▼ 0.1pp2.5%▼ 0.2pp2.4%=
Equity€973,844within the sector's middle half▲ 16.5%€1.1mwithin the sector's middle half▲ 11.1%€1.2mwithin the sector's middle half▲ 11.3%€1.2mwithin the sector's middle half▼ 0.9%€1.1mwithin the sector's middle half▼ 5.2%
Total assets€1.8mwithin the sector's middle half▲ 10.1%€2.3mwithin the sector's middle half▲ 27.3%€2.1mwithin the sector's middle half▼ 7.5%€2.0mwithin the sector's middle half▼ 3.2%€1.9mwithin the sector's middle half▼ 4.6%
Debt€801,199▲ 3.2%€1.2m▲ 47.0%€886,880▼ 24.7%€831,393▼ 6.3%€801,170▼ 3.6%
Working capital€973,844▲ 16.5%€1.1m▲ 11.1%€1.2m▲ 11.3%€1.2m▼ 0.9%€1.1m▼ 5.2%
Solvency54.9%within the sector's middle half▲ 3.0pp47.9%within the sector's middle half▼ 7.0pp57.6%above the sector's middle half▲ 9.7pp58.9%above the sector's middle half▲ 1.4pp58.5%within the sector's middle half▼ 0.4pp
Staff (FTE)5.8below the sector's middle half=5.4below the sector's middle half▼ 6.9%5below the sector's middle half▼ 7.4%4.8below the sector's middle half▼ 4.0%4below the sector's middle half▼ 16.7%
above within below the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€200,000-€100,000€0€100,000Operating result 2021: €115,265€115,265Net result 2021: €138,191€138,191Operating result 2022: €119,649€119,649Net result 2022: €108,045€108,045Operating result 2023: €122,801€122,801Net result 2023: €121,926€121,926Operating result 2024: €59,737€59,737Net result 2024: -€10,788-€10,788Operating result 2025: -€102,137-€102,137Net result 2025: -€62,535-€62,53520212022202320242025-€200,000-€100,000€0€100,000Operating result 2023: €122,801€123,000Net result 2023: €121,926€122,000Operating result 2024: €59,737€59,700Net result 2024: -€10,788-€10,800Operating result 2025: -€102,137-€102,000Net result 2025: -€62,535-€62,500202320242025
The operating result turns negative in 2025: a loss of €102,137 after €59,737 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €1.9m
Equity €1.1m ▼ 5.2%
Debt €801,170 ▼ 3.6%
Debt's share of the balance-sheet total rises from 41.1% to 41.5%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
Current ratio
2.41▼
2024 · 2.43
Debt to equity
0.71▲
2024 · 0.70
ROE
-5.5%▼
2024 · -0.9%
ROA
-3.2%▼
2024 · -0.5%
Debt ≤ 1 year
€801,170▼
2024 · €831,393
Income taxes
-€40,587▼
2024 · €69,322
Staff costs
€224,513▲
2024 · €176,680
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,304 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
8.6% stopped otherwise
90% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 12,304 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.0m€1.9m▼
Current assets29/58€2.0m€1.9m▼
Amounts receivable within one year40/41€2.0m€1.9m▼
Trade receivables40€348,280€896,823▲
Other amounts receivable41€1.6m€987,644▼
Cash at bank and in hand54/58€1,829€4,259▲
Deferred charges and accrued income490/1€30,344€42,936▲
Equity and liabilities
Total equity and liabilities10/49€2.0m€1.9m▼
Equity10/15€1.2m€1.1m▼
Contributions10/11€70,000€70,000=
Capital10€70,000€70,000=
Issued capital100€70,000€70,000=
Reserves13€43,629€43,629=
Non-distributable reserves130/1€43,629€43,629=
Legal reserve130€24,789€24,789=
Own shares acquired1312€18,840-
Other1319-€18,840
Profit (loss) carried forward14€1.1m€1.0m▼
Amounts payable17/49€831,393€801,170▼
Amounts payable within one year42/48€831,393€801,170▼
Trade debts44€756,176€764,905▲
Suppliers440/4€756,176€764,905▲
Taxes, remuneration and social security45€75,217€36,265▼
Taxes450/3€46,974€6,239▼
Remuneration and social security454/9€28,243€30,027▲
Income statement Code20242025
Remuneration, social security and pensions62€176,680€224,513▲
Gross operating margin9900€236,417€122,376▼
Operating profit (loss)9901€59,737-€102,137▼
Financial charges65/66B€1,203€984▼
Recurring financial charges65€1,203€984▼
Profit (loss) for the period before taxes9903€58,534-€103,122▼
Income taxes67/77€69,322-€40,587▼
Profit (loss) for the period9904-€10,788-€62,535▼
Profit (loss) for the period to be appropriated9905-€10,788-€62,535▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.1m€1.0m▼
Profit (loss) brought forward from the previous period14P€1.1m€1.1m▼
Social balance
Average headcount (FTE)90874.84.0▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€4.2m€4.8m€5.0m---
Turnover70€4.2m€4.8m€5.0m---
Other operating income74€13,297€2,735€442---
Operating charges60/66A€4.1m€4.7m€4.9m---
Services and other goods61€3.9m€4.5m€4.7m---
Remuneration, social security and pensions62€207,315€156,998€147,086€176,680€224,513▲ 27.1%
Non-recurring operating charges66A€972-----
Gross operating margin9900---€236,417€122,376▼ 48.2%
Operating profit (loss)9901€115,265€119,649€122,801€59,737-€102,137▼ 271%
Financial charges65/66B€3,597€1,265€875€1,203€984▼ 18.1%
Recurring financial charges65€3,597€1,265€875€1,203€984▼ 18.1%
Other financial charges652/9€3,597€1,265€875---
Profit (loss) for the period before taxes9903€111,668€118,384€121,926€58,534-€103,122▼ 276%
Income taxes67/77-€26,523€10,339-€69,322-€40,587▼ 159%
Taxes670/3€31,000€41,000----
Tax adjustments and reversals of tax provisions77€57,523€30,661----
Profit (loss) for the period9904€138,191€108,045€121,926-€10,788-€62,535▼ 480%
Profit (loss) for the period to be appropriated9905€138,191€108,045€121,926-€10,788-€62,535▼ 480%
Line20212022202320242025Change
Assets
Total assets20/58€1.8m€2.3m€2.1m€2.0m€1.9m▼ 4.6%
Current assets29/58€1.8m€2.3m€2.1m€2.0m€1.9m▼ 4.6%
Amounts receivable within one year40/41€1.8m€2.3m€2.1m€2.0m€1.9m▼ 5.4%
Trade receivables40€1.7m€2.3m€1.2m€348,280€896,823▲ 158%
Other amounts receivable41€88,384€100€922,489€1.6m€987,644▼ 39.9%
Cash at bank and in hand54/58€1,101€229€658€1,829€4,259▲ 133%
Deferred charges and accrued income490/1-€319€678€30,344€42,936▲ 41.5%
Equity and liabilities
Total equity and liabilities10/49€1.8m€2.3m€2.1m€2.0m€1.9m▼ 4.6%
Equity10/15€973,844€1.1m€1.2m€1.2m€1.1m▼ 5.2%
Contributions10/11€70,000€70,000€70,000€70,000€70,000=
Capital10€70,000€70,000€70,000€70,000€70,000=
Issued capital100€70,000€70,000€70,000€70,000€70,000=
Reserves13€43,629€43,629€43,629€43,629€43,629=
Non-distributable reserves130/1€43,629€43,629€43,629€43,629€43,629=
Legal reserve130€24,789€24,789€24,789€24,789€24,789=
Own shares acquired1312€18,840€18,840€18,840€18,840--
Other1319----€18,840-
Profit (loss) carried forward14€860,215€968,260€1.1m€1.1m€1.0m▼ 5.8%
Amounts payable17/49€801,199€1.2m€886,880€831,393€801,170▼ 3.6%
Amounts payable within one year42/48€801,199€1.2m€886,880€831,393€801,170▼ 3.6%
Trade debts44€741,512€804,616€821,669€756,176€764,905▲ 1.2%
Suppliers440/4€741,512€804,616€821,669€756,176€764,905▲ 1.2%
Taxes, remuneration and social security45€59,687€60,363€65,211€75,217€36,265▼ 51.8%
Taxes450/3€32,085€42,744€45,519€46,974€6,239▼ 86.7%
Remuneration and social security454/9€27,602€17,619€19,692€28,243€30,027▲ 6.3%
Other amounts payable47/48-€312,393----
Line20212022202320242025Change
Profit (loss) for the period9904€138,191€108,045€121,926-€10,788-€62,535▼ 480%
Operating cash flow (approximation)€138,191€108,045€121,926-€10,788-€62,535▼ 480%
Change in cash--€872€429€1,171€2,430▲ 108%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Weakest financial yearnet -€62,535
Net result drops to -€62,535, the lowest in the series.
30-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
24-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial Equity above €1mEq €1.1m ▲11.1%
5 profitable years in a row build equity to €1.1m.
11-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 11 days late
2021
31-12
Financial Highest result since 2018net €138,191 ▲93.2%
Net result €138,191, the highest in the series.
10-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 10 days late
2020
30-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
01-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
29-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
03-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts

We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
12 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Anderlecht · 1 establishment unit since 1982
seat establishment The establishment unit on the map
Ground area
3.2 ha
Building footprint
1.7 ha
Volume, LiDAR
152,818 m³
Parcel 21306D0239/00D000, Brussels · tallest building 20.7 m, ±2 floors. Linked by address, not a title deed.
9 companies at this address See who is registered here
1 establishment unit
Verwelkomingsstraat 10, 1070 Anderlecht
NACE 1511101
since 19822.035.438.496
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21306D0239/00D000 Brussels 3.2 ha 1 · 1.7 ha 20.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

2 owners

Chain of control

  1. CAVATINE 99.99%
  2. GROUPE VIANGRO 99.99%
  3. RUPELMEAT

Highest known parent: CAVATINE. The sources do not say who stands above it.

Owners 2

Holdings 0

The accounts to 31-12-2025 list no holdings, and no other source names one.

According to the 2025 annual accounts of RUPELMEAT and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 599 companies in sector 10111 we hold annual accounts for 329. 190 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded29-11-1982
Fiscal year end31-12
Activities, NACEBEL 2025
10111Manufacture of food products
E-invoicing
Reachable via Peppol
Peppol ID 0208:0423280185
Also 9925:BE0423280185

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.