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VLEESHANDEL DE WAELE

Active
Public limited companyfounded 1991active for 35 yearsSteenweg op Deinze 49, 9880 Aalter, BelgiumKBO/BCE: BE 0442.881.016
Summary

VLEESHANDEL DE WAELE has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €880,925. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 25% of 6,172 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 10-01-1991 Normal situation
Activity
Wholesale of meat and meat products, excluding game and poultry NACE 46321
Establishment unit
2.051.688.966 9880 Aalter, since 25-02-1991
Financial year end
31 December
Peppol
Reachable since 08-09-2025

Board and ownership

Board
Auditor
A&C - bedrijfsrevisor BV
Shareholders

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Turnover
€34.8m
▼ 1.8%
Profit
€880,925
▲ 173%
Equity
€1.3m
▲ 215%
Total assets
€5.8m
▲ 16.6%
Employees on 31-12-2025
8
▼ 20.0%
Score breakdownraises riskEquity €1.3m (22.4% of total assets)lowers riskFounded in 1991Liquidity: current ratio 1.22, cash €1.4mProfit of €880,925 (financial year 2025)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 49% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Average
Solvency 47+14
equity 22.4% of total assets
Liquidity 37+14
short-term debt 77.6% · cash 23.6%
Profitability 70+30
return on assets 15.3%
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 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 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 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged 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: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.1%▼ -0.3 percentage points vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €120,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.22 (1.0 in 2024), below the usual 1.5. Short-term debt is 77.6% and cash 23.6% of total assets. 77.6% 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 46, micro). It does better than 34% of them on solvency, 35% on liquidity, 54% on profitability and 73% 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

Six signals.
lowers riskraises riskneutral
lowers risk · Founded in 1991
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 · Equity €1.3m (22.4% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.22, cash €1.4m
NBB · annual accounts
lowers risk · Profit of €880,925 (financial year 2025)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 6172 sector peers (2025).
NBB · sector comparison
Position among 6172 sector peers
Solvency
better than 25%
← weakest strongest →
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 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
42 days early
2024
30 days early
2023
21 days early
2022
119 days early
2021
26 days late
2020
25 days late
2019
11 days late
← 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 21 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 1 July (4 of the last 5 accounts filed within 56 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 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 €322,531 to €880,925 ▲ 173% View
  • Positive: 8 profitable years in a rowprofit 2025: €880,925 8 years View
  • Positive: Higher net result than 80% of companies in wholesale tradesector median €110,982 · 6,106 companies €880,925 View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed Reappointment: BV A&C - bedrijfsrevisor (statutory auditor)Permanent representative: Bert De CLercq
  2. · Gazette deed 5 directors appointed, 2 directors resigningResignations: Katleen WILLE (director) and Dominique DE WAELE (director and managing director) · Appointments: Bart DEOLET (director) and VLEESHANDEL D & D (director) · Permanent representative: Bram DEOLET
  3. · Gazette deed 1 director resigning, 2 reappointedResignation: De Waele Elie (director) · Reappointments: De Waele Dominique (director) and Wille Katleen (director)
All 19 events

Comparable companies

These companies have the same main activity as VLEESHANDEL DE WAELE: wholesale of meat and meat products, excluding game and poultry (NACE 46321). They are comparable in size and age: total assets between €6.3m and €17m, founded between 1975 and 1995.

CompanyTotal assetsTurnover
VLEESHANDEL DE WAELE Aalter€5.8m€34.8m
AUDENAERT-DE MEESTER Lokeren€7.3m€19.0m
SCHEPERS VLEESBEDRIJF Alken€6.3m€20.4m
Vanderpoorten Lochristi€6.8m€33.4m
DIERICKX Zele€16.5m€48.9m
DELDICHE Asse€8.7m€33.9m
VIANDE DE LIEGE Liège€6.4m€22.8m
Full comparison

Key facts about VLEESHANDEL DE WAELE

What is the company number of VLEESHANDEL DE WAELE?
The company number of VLEESHANDEL DE WAELE is 0442.881.016. The VAT number is the same number with BE in front: BE 0442.881.016.
Where is VLEESHANDEL DE WAELE based?
The registered office is at Steenweg op Deinze 49, 9880 Aalter.Company details
What does VLEESHANDEL DE WAELE do?
According to the KBO register, the main activity is wholesale of meat and meat products, excluding game and poultry (NACE 46321).
What is the legal form of VLEESHANDEL DE WAELE?
The legal form of VLEESHANDEL DE WAELE is Public limited company (NV).
When was VLEESHANDEL DE WAELE founded?
VLEESHANDEL DE WAELE was founded on 10-01-1991.
Is VLEESHANDEL DE WAELE still active?
Yes, VLEESHANDEL DE WAELE is an active enterprise in the KBO register.
How many employees does VLEESHANDEL DE WAELE have?
VLEESHANDEL DE WAELE had an average of 7.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of VLEESHANDEL DE WAELE?
The turnover of VLEESHANDEL DE WAELE was €34.8m in financial year 2025, according to the filed annual accounts.
Is VLEESHANDEL DE WAELE profitable?
In financial year 2025, VLEESHANDEL DE WAELE made a profit of €880,925.
Where can I find the annual accounts of VLEESHANDEL DE WAELE?
VLEESHANDEL DE WAELE filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VLEESHANDEL DE WAELE due?
VLEESHANDEL DE WAELE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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