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VLEESHANDEL KETELS

Active
Private limited companyfounded 1989active for 37 yearsTorhoutsestraat 169, 8020 Oostkamp, BelgiumKBO/BCE: BE 0438.794.445
Summary

VLEESHANDEL KETELS has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €514,066 and a net result of €148,350. Equity has been growing by about 10% per year since 2018. Its solvency ranks better than 77% of 9,829 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 31-10-1989 Normal situation
Activity
Wholesale of meat and meat products, excluding game and poultry NACE 46321
Joint committee
119 Paritair Comité voor de handel in voedingswaren · annual accounts 2025
Establishment units
2.045.598.653 8020 Oostkamp, since 01-07-2002
2.226.348.651 8020 Oostkamp, since 16-10-2013
Financial year end
31 December
Peppol
Reachable since 25-02-2026

Board and ownership

Last known board

Financial position

98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€358,305
▲ 19.5%
Turnover
≈ €2.2m
estimated
Profit
€148,350
▲ 23.1%
Equity
€514,066
▲ 14.1%
Total assets
€721,290
▲ 9.9%
Employees on 31-12-2025
2
▲ 100%
Filed on 29-06-2026, 32 days before the deadline
Score breakdownlowers riskLiquidity: current ratio 3.35, cash €305,842Founded in 1989Equity €514,066 (71.3% of total assets)Size: 2 FTE, total assets €721,290Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 80% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 96+2
equity 71.3% of total assets
Liquidity 88+22
short-term debt 28.7% · cash 42.4%
Profitability 94+2
return on assets 20.6%
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 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: 0.1%▲ +0.1 percentage points vs 03-2025 05-2025: < 0.1%▼ -0.1 percentage points vs 04-2025 06-2025: 0.1%▲ +0.1 percentage points vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025highest value 10-2025: < 0.1%▼ -0.2 percentage points 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: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.35 (2.96 in 2024), above the usual 1.5. Short-term debt is 28.7% and cash 42.4% of total assets. 28.7% 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 76% of them on solvency, 88% on liquidity, 88% on profitability and 70% 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).

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Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 3.35, cash €305,842
NBB · annual accounts
lowers risk · Founded in 1989
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €514,066 (71.3% of total assets)
NBB · annual accounts
lowers risk · Size: 2 FTE, total assets €721,290
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 days early
2024
29 days late
2023
on the day
2022
32 days early
2021
2 days early
2020
31 days early
2019
31 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 14 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 29 July (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
02-11-2026 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: 8 profitable years in a rowprofit 2025: €148,350 8 years View

Recent changes

  1. · Gazette deed Changes of role: Serge KETELS (director) and Petra DAVID (director)
  2. · Gazette deed Resignation: Eric Ketels (director)
  3. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as VLEESHANDEL KETELS: wholesale of meat and meat products, excluding game and poultry (NACE 46321). They are comparable in size and age: total assets between €595,000 and €1.2m, founded between 1987 and 1993.

CompanyTotal assetsGross margin
VLEESHANDEL KETELS Oostkamp€0.7m€0.4m
ROI DU JAMBON Anderlecht€0.7m€0.4m
JIDA Mechelen€0.8m€0.4m
VLEESHALLE CPS Kortrijk€0.8m€0.5m
CROMBEZ VLEESBEDRIJF Wevelgem€0.6m€0.2m
DIRNA Berlare€0.8m€0.3m
VLAEMINCK Temse€1.2m€0.3m
Full comparison

Key facts about VLEESHANDEL KETELS

What is the company number of VLEESHANDEL KETELS?
The company number of VLEESHANDEL KETELS is 0438.794.445. The VAT number is the same number with BE in front: BE 0438.794.445.
Where is VLEESHANDEL KETELS based?
The registered office is at Torhoutsestraat 169, 8020 Oostkamp.Company details
What does VLEESHANDEL KETELS 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 KETELS?
The legal form of VLEESHANDEL KETELS is Private limited company (BV).
When was VLEESHANDEL KETELS founded?
VLEESHANDEL KETELS was founded on 31-10-1989.
Is VLEESHANDEL KETELS still active?
Yes, VLEESHANDEL KETELS is an active enterprise in the KBO register.
How many employees does VLEESHANDEL KETELS have?
VLEESHANDEL KETELS had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does VLEESHANDEL KETELS fall under?
In its 2025 annual accounts, VLEESHANDEL KETELS states joint committee 119 (Paritair Comité voor de handel in voedingswaren).
What is the turnover of VLEESHANDEL KETELS?
The turnover in financial year 2025 is ≈ €2.2m. This figure is estimated from the gross margin of €358,305 and 30 comparable companies (NACE 463). It probably lies between €1.7m and €4.0m.
Is VLEESHANDEL KETELS profitable?
In financial year 2025, VLEESHANDEL KETELS made a profit of €148,350.
Where can I find the annual accounts of VLEESHANDEL KETELS?
VLEESHANDEL KETELS filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VLEESHANDEL KETELS due?
VLEESHANDEL KETELS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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