VANTHILLO
ActiveSummary
VANTHILLO has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.4m and a net result of €1.2m. Equity has been growing by about 6.3% per year since 2018. Its solvency ranks better than 30% of 562 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 08-10-1986 Normal situation
- Activity
- Pig breeding farms NACE 01461
- Joint committee
- 144 Paritair Comité voor de landbouw · annual accounts 2025
- Establishment units
- 2.034.738.910 2321 Hoogstraten, since 14-11-1986
- 2.257.898.692 2321 Hoogstraten, since 26-10-2016and 2 others
- Financial year end
- 31 December
- Peppol
- Reachable since 11-02-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
Annual accounts 2025
- Turnover
- €10.9m
- ▼ 14.4%
- Profit
- €1.2m
- ▲ 9.2%
- Equity
- €4.4m
- ▼ 11.1%
- Total assets
- €16.6m
- ▼ 7.0%
- Employees on 31-12-2025
- 18
- ▼ 10.0%
Filed on 20-06-2026, 41 days before the deadline
Score breakdownraises riskLiquidity: current ratio 1.47, cash €91,510, halvedlowers riskProfit of €1.2m (financial year 2025)Founded in 1986Sector: Crop and animal production, hunting and related service activities (NACE 01)Show the evidence
Checked score
Score 2025
87
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 44% of small companies in crop and animal production (NACE 01)
Financial strength · tick: 2024
Strong
Solvency
51-2
equity 26.4% of total assets
Liquidity
46-1
short-term debt 17.0% · cash 0.6%
Profitability
85+1
return on assets 7.4%
Bankruptcy probability within 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025highest value
07-2025: 0.2%▼ -0.2 percentage points vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026lowest value
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €380,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.47 (1.47 in 2024), below the usual 1.5. Short-term debt is 17% and cash 0.6% of total assets. 73.6% 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 01, small). It does better than 33% of them on solvency, 43% on liquidity, 86% on profitability and 15% on growth.
The bankruptcy probability was computed on 01-11-2026 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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 20-06-2026, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
41 days early
2024
48 days early
2023
35 days early
2022
31 days early
2021
22 days late
2020
13 days late
2019
1 day 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 17 days before the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 20-06-2026 at the NBB all 37 filings
Turnover
€10.9m▼ 14.4%
2024 · €12.8m
EBIT margin
18.6%▲ 3.6pp
2024 · 15.1%
Net result
€1.2m▲ 9.2%
2024 · €1.1m
Working capital
€1.3m▼ 10.5%
2024 · €1.5m
In the rankings
#3 company by total assets in Hoogstraten, Agriculture, forestry and fishing sector#5 oldest company in Hoogstraten, Agriculture, forestry and fishing sector#7 company by staff growth in Hoogstraten
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 6% higher than in 2024. It is a recovery after the fall in 2024.
Turnover€10.9m
2025
Operating result€2.0m
2025
Net result€1.2m
2025
Total assets€16.6m
2025
Equity€4.4m
2025
Debt€12.1m
2025
Working capital€1.3m
2025
EBIT margin18.6%
2025
Return on assets (ROA)7.4%
2025
Solvency26.4%
2025
Current ratio1.47
2025
Staff (FTE)19.5
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Crop and animal production, hunting and related service activities (NACE 01). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€12.8m€10.9m▼ 14.4%
Operating result€0.4m-€0.8m▲ 107%€0.5m▼ 38.1%-€1.3m€0.2m€2.2m▲ 11×€1.9m▼ 12.7%€2.0m▲ 5.9%
Net result€0.2m-€0.6m▲ 252%€0.3mabove the sector's middle half▼ 47.9%-€1.5mbelow the sector's middle half€0.01mwithin the sector's middle half€1.6mabove the sector's middle half▲ 107×€1.1mabove the sector's middle half▼ 27.6%€1.2mabove the sector's middle half▲ 9.2%
EBIT margin15.1%18.6%▲ 3.6pp
Equity€3.0m-€3.5m▲ 19.1%€3.8mabove the sector's middle half▲ 8.1%€2.3mabove the sector's middle half▼ 39.6%€2.3mabove the sector's middle half=€3.8mabove the sector's middle half▲ 66.8%€4.9mabove the sector's middle half▲ 28.9%€4.4mabove the sector's middle half▼ 11.1%
Total assets€17.0m-€19.3m▲ 13.8%€20.1mabove the sector's middle half▲ 4.0%€19.8mabove the sector's middle half▼ 1.5%€19.0mabove the sector's middle half▼ 4.3%€19.5mabove the sector's middle half▲ 2.5%€17.9mabove the sector's middle half▼ 8.0%€16.6mabove the sector's middle half▼ 7.0%
Debt€14.0m-€15.8m▲ 12.7%€16.3m▲ 3.1%€17.5m▲ 7.4%€16.7m▼ 4.9%€15.6m▼ 6.4%€12.9m▼ 17.1%€12.1m▼ 6.8%
Working capital€0.2m-€0.3m▲ 85.5%€0.6mabove the sector's middle half▲ 69.5%-€0.9mbelow the sector's middle half€0.3mwithin the sector's middle half€1.2mabove the sector's middle half▲ 303%€1.5mabove the sector's middle half▲ 24.3%€1.3mabove the sector's middle half▼ 10.5%
Solvency17.4%-18.2%▲ 0.8pp18.9%within the sector's middle half▲ 0.7pp11.6%below the sector's middle half▼ 7.3pp12.1%below the sector's middle half▲ 0.5pp19.7%within the sector's middle half▲ 7.6pp27.7%within the sector's middle half▲ 7.9pp26.4%within the sector's middle half▼ 1.2pp
Current ratio1.06-1.09▲ 0.031.16within the sector's middle half▲ 0.070.84within the sector's middle half▼ 0.321.06within the sector's middle half▲ 0.221.24within the sector's middle half▲ 0.181.47within the sector's middle half▲ 0.231.47within the sector's middle half▲ 0.01
Return on assets (ROA)1.0%-3.0%▲ 2.0pp1.5%within the sector's middle half▼ 1.5pp-7.5%below the sector's middle half▼ 9.0pp0.1%within the sector's middle half▲ 7.6pp8.0%within the sector's middle half▲ 7.9pp6.3%within the sector's middle half▼ 1.7pp7.4%within the sector's middle half▲ 1.1pp
Staff (FTE)7.9-11.3▲ 43.0%13.8above the sector's middle half▲ 22.1%15above the sector's middle half▲ 8.7%14.1above the sector's middle half▼ 6.0%15.6above the sector's middle half▲ 10.6%17.5above the sector's middle half▲ 12.2%19.5above the sector's middle half▲ 11.4%
above
within
below
The sector band is the middle half of the companies in Crop and animal production, hunting and related service activities (NACE 01). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €16.6m
Fixed assets
€12.4m ▼ 5.5%
Current assets
€4.2m ▼ 11.3%
Equity and liabilities €16.6m
Equity
€4.4m ▼ 11.1%
Provisions
€173,364
Debt
€12.1m ▼ 6.8%
Debt's share of the balance-sheet total rises from 72.3% to 72.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3.2m▲
2024 · €3.1m
Cash flow
€2.4m▲
2024 · €2.3m
Quick ratio
0.42▲
2024 · 0.37
Debt to equity
2.74▲
2024 · 2.62
ROE
27.9%▲
2024 · 22.7%
Interest coverage
6.89▲
2024 · 6.31
Debt ≤ 1 year
€2.8m▼
2024 · €3.2m
Debt > 1 year
€9.2m▼
2024 · €9.7m
Income taxes
€224,181▼
2024 · €347,314
Customer credit
10 days▲
2024 · 5 days
Supplier credit
29 days▼
2024 · 43 days
Staff costs
€643,005▲
2024 · €549,210
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 14 | 13 | 16 | 20 | 18 |
| full-time | 14 | 13 | 16 | 20 | 18 |
| part-time | - | - | - | - | 0 |
| in full-time equivalents | 14 | 13 | 16 | 20 | 18 |
| Average over the year, in full-time equivalents | 15 | 14.1 | 15.6 | 17.5 | 19.5 |
| On a permanent contract | 14 | 13 | 16 | 20 | 18 |
| Joined | 5 | - | 7 | 4 | 3 |
| Left | 5 | - | 4 | 0 | 5 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Overdue debts
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Overdue social security (RSZ) debts | - | - | - | €4,776 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts)
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | - | - | - | €11.2m | - |
| Mortgages, amount registered | - | - | - | €1.0m | - |
| Mortgage mandates | - | - | - | €7.5m | - |
| Carrying value of the mortgaged assets | - | - | - | €11.5m | - |
| Pledge on the business | - | - | - | €1.0m | - |
| Mandates to pledge the business | - | - | - | €7.5m | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €342,051 | €69,906 | €494,847 | €1.0m | €1.0m |
| Financial fixed assets | €500 | - | - | - | - |
| Depreciation and write-downs of the year | €1.1m | €1.1m | €1.1m | €1.1m | €1.2m |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2024 to 2025 · 2 entries · €21,572 awarded · €21,572 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €17,276 | €17,276 |
| 2024 | 1 | €4,296 | €4,296 |
Comparable companies
These companies have the same main activity as VANTHILLO: pig breeding farms (NACE 01461). They are comparable in size and age: total assets between €3.3m and €24m, founded between 1986 and 1996.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|---|
| VANTHILLO Hoogstraten | 1986 | €16.6m | €4.4m | - | €10.9m | €1.2m | 19.5 | 2025 |
| FOKBEDRIJF LUC MAENHOUT Lichtervelde | 1988 | €18.3m | €14.1m | - | €28.2m | €3.3m | 11.8 | 2025 |
| ARKOVA Ardooie | 1988 | €23.9m | €10.8m | - | €78.0m | €2.1m | 29.4 | 2025 |
| LEENAERTS AGRICULTURA Hoogstraten | 1986 | €17.7m | €5.7m | €0.6m | - | €0.1m | - | 2025 |
| AGROLY Roeselare | 1996 | €11.7m | -€13.2m | -€3.7m | - | -€3.7m | - | 2025 |
| NRH PIGS Tielt | 1991 | €7.3m | €0.2m | €0.08m | - | -€0.05m | - | 2026 |
| VAMIVA Pittem | 1994 | €3.3m | €1.0m | €0.7m | - | -€0.1m | 12.8 | 2025 |
They were chosen from the 312 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 2,613 companies had the same profile as VANTHILLO has now. Two years later, 0.7% had gone bankrupt and 97.3% were still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
2.0%
stopped otherwise
97.3%
was still going
That fits the bankruptcy probability of VANTHILLO itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,613 companies, not a prediction for VANTHILLO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | - | - | - | €12.9m | €11.9m | ▼ 8.3% |
| Turnover70 | - | - | - | - | - | - | €12.8m | €10.9m | ▼ 14.4% |
| Other operating income74 | - | - | - | - | - | - | €0.2m | €0.9m | ▲ 496% |
| Non-recurring operating income76A | - | - | - | - | - | - | - | €0.005m | - |
| Operating charges60/66A | - | - | - | - | - | - | €11.0m | €9.8m | ▼ 10.8% |
| Goods for resale, raw materials and consumables60 | - | - | - | - | - | - | €7.9m | €6.5m | ▼ 18.4% |
| Purchases600/8 | - | - | - | - | - | - | €7.0m | €5.9m | ▼ 15.2% |
| Change in stocks: decrease (increase)609 | - | - | - | - | - | - | €0.9m | €0.5m | ▼ 42.7% |
| Services and other goods61 | - | - | - | - | - | - | €1.3m | €1.5m | ▲ 8.2% |
| Remuneration, social security and pensions62 | - | - | - | €0.4m | €0.4m | €0.5m | €0.5m | €0.6m | ▲ 17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1.1m | €1.3m | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | €1.2m | ▲ 5.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | €0.002m | - | - | - |
| Other operating charges640/8 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.06m | ▲ 7.1% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €10 | - | - |
| Gross operating margin9900 | €1.7m | €2.5m | €2.1m | €0.3m | €1.7m | €3.8m | - | - | - |
| Operating profit (loss)9901 | €0.4m | €0.8m | €0.5m | -€1.3m | €0.2m | €2.2m | €1.9m | €2.0m | ▲ 5.9% |
| Financial income75/76B | - | - | - | €0.02m | €0.02m | €0.03m | €0.03m | €0.06m | ▲ 74.9% |
| Recurring financial income75 | €0.03m | €0.02m | €0.04m | €0.02m | €0.02m | €0.03m | €0.03m | €0.06m | ▲ 74.9% |
| Income from current assets751 | - | - | - | - | - | - | €0.02m | €0.02m | ▲ 41.0% |
| Other financial income752/9 | - | - | - | - | - | - | €0.02m | €0.04m | ▲ 105% |
| Financial charges65/66B | - | - | - | €0.2m | €0.2m | €0.4m | €0.5m | €0.5m | ▼ 3.2% |
| Recurring financial charges65 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.4m | €0.5m | €0.5m | ▼ 3.2% |
| Debt charges650 | - | - | - | - | - | - | €0.5m | €0.5m | ▼ 3.3% |
| Other financial charges652/9 | - | - | - | - | - | - | €0.001m | €0.002m | ▲ 53.9% |
| Non-recurring financial charges66B | - | - | - | - | €0.02m | - | - | €0 | - |
| Profit (loss) for the period before taxes9903 | €0.2m | €0.6m | €0.3m | -€1.5m | €0.02m | €1.8m | €1.5m | €1.6m | ▲ 10.5% |
| Transfer from deferred taxes780 | - | - | - | - | - | - | - | €0.005m | - |
| Transfer to deferred taxes680 | - | - | - | - | - | - | - | €0.2m | - |
| Income taxes67/77 | €0.04m | €0.06m | €0.03m | €0.03m | €0.004m | €0.3m | €0.3m | €0.2m | ▼ 35.5% |
| Taxes670/3 | - | - | - | - | - | - | €0.3m | €0.2m | ▼ 34.7% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | - | - | - | €0.002m | - |
| Profit (loss) for the period9904 | €0.2m | €0.6m | €0.3m | -€1.5m | €0.01m | €1.6m | €1.1m | €1.2m | ▲ 9.2% |
| Transfer from tax-exempt reserves789 | - | - | - | - | - | - | - | €0.01m | - |
| Transfer to tax-exempt reserves689 | - | - | - | - | - | - | €0.3m | €0.5m | ▲ 72.3% |
| Profit (loss) for the period to be appropriated9905 | €0.2m | €0.6m | €0.3m | -€1.5m | €0.01m | €1.6m | €0.8m | €0.7m | ▼ 13.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €17.0m | €19.3m | €20.1m | €19.8m | €19.0m | €19.5m | €17.9m | €16.6m | ▼ 7.0% |
| Fixed assets21/28 | €13.8m | €15.3m | €16.0m | €15.2m | €13.8m | €13.3m | €13.2m | €12.4m | ▼ 5.5% |
| Tangible fixed assets22/27 | €13.8m | €15.3m | €16.0m | €15.2m | €13.8m | €13.3m | €13.2m | €12.4m | ▼ 5.5% |
| Land and buildings22 | - | - | - | €13.8m | €12.6m | €11.8m | €11.5m | €10.9m | ▼ 5.8% |
| Plant, machinery and equipment23 | - | - | - | €1.2m | €1.1m | €1.3m | €1.4m | €1.4m | ▼ 0.8% |
| Furniture and vehicles24 | - | - | - | €0.1m | €0.09m | €0.05m | €0.1m | €0.09m | ▼ 34.4% |
| Leasing and similar rights25 | - | - | - | €0.1m | €0.1m | €0.1m | - | €0 | - |
| Other tangible fixed assets26 | - | - | - | - | - | - | €0.09m | €0.08m | ▼ 8.4% |
| Financial fixed assets28 | €0.01m | €0.01m | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Other financial fixed assets284/8 | - | - | - | - | - | - | €0.006m | €0.006m | = |
| Amounts receivable and cash guarantees285/8 | - | - | - | - | - | - | €0.006m | €0.006m | = |
| Current assets29/58 | €3.2m | €4.0m | €4.1m | €4.6m | €5.1m | €6.2m | €4.7m | €4.2m | ▼ 11.3% |
| Stocks and contracts in progress3 | €2.3m | €2.8m | €3.4m | €3.9m | €4.6m | €4.4m | €3.5m | €3.0m | ▼ 14.9% |
| Stocks30/36 | - | - | - | €3.9m | €4.6m | €4.4m | €3.5m | €3.0m | ▼ 14.9% |
| Goods purchased for resale34 | - | - | - | - | - | - | €3.5m | €3.0m | ▼ 14.9% |
| Amounts receivable within one year40/41 | €0.7m | €1.1m | €0.6m | €0.5m | €0.4m | €1.4m | €0.9m | €1.0m | ▲ 14.8% |
| Trade receivables40 | - | - | - | €0.4m | €0.2m | €0.9m | €0.2m | €0.3m | ▲ 73.1% |
| Other amounts receivable41 | - | - | - | €0.1m | €0.2m | €0.5m | €0.7m | €0.7m | ▲ 0.4% |
| Cash at bank and in hand54/58 | €0.07m | €0.07m | €0.1m | €0.08m | €0.1m | €0.3m | €0.2m | €0.09m | ▼ 60.3% |
| Deferred charges and accrued income490/1 | - | - | - | €0.05m | €0.06m | €0.06m | €0.07m | €0.07m | ▲ 1.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €17.0m | €19.3m | €20.1m | €19.8m | €19.0m | €19.5m | €17.9m | €16.6m | ▼ 7.0% |
| Equity10/15 | €3.0m | €3.5m | €3.8m | €2.3m | €2.3m | €3.8m | €4.9m | €4.4m | ▼ 11.1% |
| Contributions10/11 | €0.8m | €0.8m | - | €0.8m | €0.8m | €0.8m | €0.8m | €0 | ▼ 100% |
| Reserves13 | €1.9m | €2.5m | €2.8m | €1.3m | €1.3m | €2.9m | €4.0m | €4.2m | ▲ 4.9% |
| Non-distributable reserves130/1 | - | - | - | €0.08m | €0.08m | €0.08m | €0.08m | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | - | - | €0.08m | €0.08m | €0.08m | €0.08m | €0 | ▼ 100% |
| Tax-exempt reserves132 | - | - | - | - | - | - | €0.3m | €0.8m | ▲ 168% |
| Distributable reserves133 | - | - | - | €1.3m | €1.3m | €2.8m | €3.6m | €3.4m | ▼ 6.8% |
| Investment grants15 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 5.8% |
| Provisions and deferred taxes16 | - | - | - | - | - | - | - | €0.2m | - |
| Deferred taxes168 | - | - | - | - | - | - | - | €0.2m | - |
| Amounts payable17/49 | €14.0m | €15.8m | €16.3m | €17.5m | €16.7m | €15.6m | €12.9m | €12.1m | ▼ 6.8% |
| Amounts payable after more than one year17 | €11.0m | €12.1m | €12.8m | €12.0m | €11.8m | €10.6m | €9.7m | €9.2m | ▼ 5.2% |
| Financial debts170/4 | - | - | - | €12.0m | €11.8m | €10.6m | €9.7m | €9.2m | ▼ 5.2% |
| Credit institutions173 | - | - | - | - | - | - | €9.7m | €9.2m | ▼ 5.2% |
| Amounts payable within one year42/48 | €3.0m | €3.7m | €3.5m | €5.5m | €4.8m | €5.0m | €3.2m | €2.8m | ▼ 11.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €1.2m | €1.3m | €1.3m | €1.0m | €1.0m | ▼ 0.4% |
| Financial debts43 | - | - | - | €2.9m | €2.1m | €1.4m | €0.4m | €0.5m | ▲ 25.0% |
| Credit institutions430/8 | - | - | - | €2.9m | €2.1m | €1.4m | €0.4m | €0.5m | ▲ 25.0% |
| Trade debts44 | €0.5m | €0.9m | €0.4m | €0.8m | €0.7m | €1.4m | €0.9m | €0.5m | ▼ 45.0% |
| Suppliers440/4 | - | - | - | €0.8m | €0.7m | €1.4m | €0.9m | €0.5m | ▼ 45.0% |
| Taxes, remuneration and social security45 | - | - | - | €0.05m | €0.05m | €0.3m | €0.1m | €0.08m | ▼ 34.8% |
| Taxes450/3 | - | - | - | €0.003m | €0.003m | €0.3m | €0.05m | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | - | - | €0.05m | €0.05m | €0.06m | €0.07m | €0.08m | ▲ 7.7% |
| Other amounts payable47/48 | - | - | - | €0.5m | €0.7m | €0.6m | €0.7m | €0.7m | ▼ 0.3% |
| Accrued charges and deferred income492/3 | - | - | - | €0.02m | €0.02m | €0.05m | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.2m | €0.6m | €0.3m | -€1.5m | €0.01m | €1.6m | €1.1m | €1.2m | ▲ 9.2% |
| + Depreciation and write-downs630 | €1.1m | €1.3m | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | €1.2m | ▲ 5.2% |
| Operating cash flow (approximation) | €1.2m | €1.9m | €1.4m | -€0.4m | €1.1m | €2.6m | €2.3m | €2.4m | ▲ 7.2% |
| Investment in fixed assets (approximation) | - | -€2.9m | -€1.8m | -€0.3m | €0.3m | -€0.5m | -€1.0m | -€0.5m | ▲ 55.8% |
| Change in cash | - | -€0.001m | €0.02m | -€0.01m | €0.05m | €0.2m | -€0.1m | -€0.1m | ▼ 33.9% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 37 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 20-06-2026 | 2026-00179016 | NBB |
| 31-12-2024 | full format | 13-06-2025 | 2025-00135887 | |
| 31-12-2023 | abbreviated format | 26-06-2024 | 2024-00167474 | |
| 31-12-2022 | abbreviated format | 30-06-2023 | 2023-00191170 | |
| 31-12-2021 | abbreviated format | 22-08-2022 | 2022-20303174 | |
| 31-12-2020 | abbreviated format | 13-08-2021 | 2021-48700472 | |
| 31-12-2019 | abbreviated format | 30-07-2020 | 2020-36400324 | |
| 31-12-2018 | abbreviated format | 17-06-2019 | 2019-18900330 | |
| 31-12-2017 | abbreviated format | 20-07-2018 | 2018-36500264 | |
| 31-12-2016 | abbreviated format | 30-06-2017 | 2017-26100399 |
Board & ownership
Directors
Directors
1 director, last change in 2025
Dries Beck
Current
Owners and capital
Capital transactions
Capital over time
- 26-05-2025 Converted to unavailable equity
Mandate history
2 people, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Dries Beck |
|
| Herman Vanthillo |
|
Network & group
Companies at the same address
1 other companyConnections & network
See the function holders in the KBO register.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
20-06
full format · 41 days before the deadline
2025
13-06
full format · 48 days before the deadline
26-05
Gazette deed
Resignation: Herman Vanthillo (director)Amendment of the articles · Capital conversion · Reserve release16 points ▸
Gazette deed
Resignation: Herman Vanthillo (director)
Amendment of the articles · Capital conversion · Reserve release16 points ▸
- General meeting, 07-04-2025
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing, middelen beschikbaar voor uitkering” (deed in Dutch)
- Other provision, “dividenduitkering-dubbele uitkeringstest, eenparigheid” (deed in Dutch)
- Other provision, “dividenduitkering”, 360471.16 (deed in Dutch), mentioned 2 times in the deed
- Other provision, “dividenduitkering”, 154778.58 (deed in Dutch), mentioned 2 times in the deed
- Other provision, “uitkeringstest uitgevoerd, bestuursorgaan” (deed in Dutch)
- Name clause, VANTHILLO
- Registered office clause, “Vlaams Gewest” (deed in Dutch)
- Other provision, “voorwerp ongewijzigd” (deed in Dutch)
- Capital
- The act holds 4 more points.
2024
26-06
abbreviated format · 35 days before the deadline
2023
31-12
Financial
Highest result from 2018 to 2025net €1.6m ▲10,644%
The operating result of €2.2m and the net result of €1.6m are both a record.
30-06
abbreviated format · 31 days before the deadline
2022
31-12
Financial
Back to profitnet €14,450
The net result is €14,450, after one loss-making year.
22-08
abbreviated format · 22 days late
2021
31-12
Financial
Weakest financial yearnet -€1.5m
The net result drops to -€1.5m, the lowest from 2018 to 2025. It recovers the following year.
13-08
abbreviated format · 13 days late
2020
30-07
abbreviated format · 1 day before the deadline
2019
17-06
abbreviated format · 44 days before the deadline
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
VANTHILLO in Dutch
Enterprise number
0429.584.294
Legal form
Private limited company
Status
Active, normale toestand
Founded
08-10-1986
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 26-05-2025 (in Dutch)Registered office and establishments
Registered office
Terbeeksestraat 73, 2321 Hoogstraten, Belgium
Establishment units
Terbeeksestraat 73 A, 2321 Hoogstraten since 14-11-1986 · unit number 2.034.738.910
Vanthillo, Terbeeksestraat 64, 2321 Hoogstraten since 26-10-2016 · unit number 2.257.898.692
Vanthillo, Maxburgdreef 27, 2321 Hoogstraten since 09-03-2020 · unit number 2.300.037.47201462 Crop and animal production, hunting and related service activities
Vanthillo, Engelenven 4, 2322 Hoogstraten since 09-03-2020 · unit number 2.300.037.57101462 Crop and animal production, hunting and related service activities
Activities
NACEBEL 2025VAT activities
01461
Pig breeding farms main activity
Social security (RSZ) activities
01461
Pig breeding farms main activity
Codes under NACEBEL 2008
VAT activities
01461
Pig breeding farms main activity
Social security (RSZ) activities
01461
Pig breeding farms main activity
Codes under NACEBEL 2003
01231
main activity
Joint committee
144 Paritair Comité voor de landbouw annual accounts 2025
Invoicing and payment
VAT number
BE 0429.584.294
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Wednesday of May at 19:00
deed of 26-05-2025 (in Dutch)Recognitions · licences · registrations
Food safety, FASFC
4 sitesHoogstratenunit number 2.257.898.692
Hoogstratenunit number 2.034.738.910
Hoogstratenunit number 2.300.037.472
Hoogstratenunit number 2.300.037.571
Environmental permits
3 applications in Flanders since 2018 · 3 granted
Bouwen of herbouwen; Het reliëf van de bodem aanmerkelijk wijzigen; Nieuwbouw of aanleggen; Slopen of verwijderen; Slopen of verwijderen van een complex; Slopen van niet vrijstaande gebouwen of constructies
Nieuwbouw of aanleggen
Bouwen of herbouwen; Nieuwbouw of aanleggen
Source: Omgevingsloket Vlaanderen.
Sites & property
Location
Buildings and parcels at the addresses
Ground area
1.3 ha
Building footprint
1,605 m²
Building volume
7,701 m³
Tallest building: 9.3 m.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13020D0839/00H000 | Flanders | 5,015 m² | 1 · 316 m² | 8.4 m · 2 |
| 13020E0516/00V000 | Flanders | 3,322 m² | 1 · 765 m² | 7.6 m · 1 |
| 13020E0342/00B000 | Flanders | 2,946 m² | 1 · 279 m² | 8.2 m · 2 |
| 13024A0277/00R000 | Flanders | 1,480 m² | 1 · 245 m² | 9.3 m · 2 |