ACTIVE

RUPELMEAT

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Financial year 2025 · closed on 31/12/2025

Net result

-62,5 k €

-479.7% YoY

Gross margin

122,4 k €

-48.2% YoY

Equity

1,1 M €

-5.2% YoY

Workforce

4,0 ETP

-16.7% YoY

What does RUPELMEAT do?

RUPELMEAT is a Public limited company incorporated in 1982. Its main activity is: Processing and preserving of meat. Its registered office is in Anderlecht. It employs on average 4,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0423.280.185

Incorporation

29/11/1982

Legal form

Public limited company

Registered office

Rue de la Bienvenue 10
1070 Anderlecht · BruxellesSee on map

Contributed capital

70 000,00 €

Latest accounts

31/12/2025

Average workforce

4,0 ETP

Activities (NACE)

10110Processing and preserving of meat· main 10111Processing and preserving of meat 15111Tanning and dressing of leather; dressing and dyeing of fur

Joint committees (4)

Signals

Solid equityLow riskGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	122,4 k €	-48.2%	236,4 k €		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	-102,1 k €	-271%	59,7 k €	-51.4%	122,8 k €	+2.6%	119,6 k €	+3.8%	115,3 k €	+7.1%	107,6 k €	+0.9%	106,7 k €	+14.6%	93,1 k €	+36.1%	68,4 k €	-5.4%	72,3 k €	+18.2%	61,1 k €	-4.1%	63,7 k €	-0.6%	64,1 k €	-25.0%	85,5 k €	+298%	-43,1 k €	-61.5%	-26,7 k €	-189%	29,9 k €	-74.0%	115 k €
Operating result	-102,1 k €	-271%	59,7 k €	-51.4%	122,8 k €	+2.6%	119,6 k €	+3.8%	115,3 k €	+7.1%	107,6 k €	+0.9%	106,7 k €	+14.6%	93,1 k €	+36.1%	68,4 k €	-5.4%	72,3 k €	+18.2%	61,1 k €	-4.1%	63,7 k €	-0.6%	64,1 k €	-25.0%	85,5 k €	+298%	-43,1 k €	-61.5%	-26,7 k €	-189%	29,9 k €	-74.0%	115 k €
Net result	-62,5 k €	-480%	-10,8 k €	-109%	121,9 k €	+12.8%	108 k €	-21.8%	138,2 k €	+93.2%	71,5 k €	+0.5%	71,1 k €	+14.2%	62,3 k €	+39.0%	44,8 k €	-7.1%	48,2 k €	+15.0%	41,9 k €	-2.0%	42,8 k €	-17.4%	51,8 k €	-38.4%	84,1 k €	+281%	-46,4 k €	-75.2%	-26,5 k €	-242%	18,7 k €	-22.5%	24,1 k €
Balance sheet
Equity	1,1 M €	-5.2%	1,2 M €	-0.9%	1,2 M €	+11.3%	1,1 M €	+11.1%	973,8 k €	+16.5%	835,7 k €	+9.4%	764,1 k €	+10.3%	693 k €	+9.9%	630,7 k €	+7.7%	585,9 k €	+9.0%	537,6 k €	+8.5%	495,7 k €	+9.5%	452,9 k €	+12.9%	401,1 k €	+26.5%	317 k €	-12.8%	363,4 k €	-6.8%	389,9 k €	+5.0%	371,3 k €
Total assets	1,9 M €	-4.6%	2 M €	-3.2%	2,1 M €	-7.5%	2,3 M €	+27.3%	1,8 M €	+10.1%	1,6 M €	-66.2%	4,8 M €	+62.1%	2,9 M €	+175%	1,1 M €	+26.2%	850,1 k €	-4.2%	887,8 k €	+5.7%	840 k €	-6.1%	894,5 k €	-22.1%	1,1 M €	-19.3%	1,4 M €	-67.8%	4,4 M €	+4.8%	4,2 M €	+3.6%	4,1 M €
Cash	4,3 k €	+133%	1,8 k €	+178%	658 €	+187%	229 €	-79.2%	1,1 k €	+199%	368,5 €	-96.3%	9,9 k €	+6.8%	9,2 k €	-2.3%	9,4 k €	-35.6%	14,7 k €	+4.6%	14 k €	+192%	4,8 k €	-84.9%	31,7 k €	+598%	4,5 k €	-90.4%	47,5 k €	-0.3%	47,7 k €	-19.0%	58,8 k €	+1363%	4 k €
Debts	801,2 k €	-3.6%	831,4 k €	-6.3%	886,9 k €	-24.7%	1,2 M €	+47.0%	801,2 k €	+3.2%	776 k €	-80.6%	4 M €	+78.0%	2,3 M €	+410%	442,2 k €	+67.3%	264,2 k €	-24.5%	350,1 k €	+1.7%	344,3 k €	-22.0%	441,6 k €	-40.9%	747,8 k €	-32.5%	1,1 M €	-72.7%	4,1 M €	+6.0%	3,8 M €	+3.8%	3,7 M €
Other
Workforce	4,0 ETP	-16.7%	4,8 ETP	-4.0%	5,0 ETP	-7.4%	5,4 ETP	-6.9%	5,8 ETP	0.0%	5,8 ETP	0.0%	5,8 ETP	-13.4%	6,7 ETP	-8.2%	7,3 ETP	+1.4%	7,2 ETP	+41.2%	5,1 ETP	+34.2%	3,8 ETP	+280%	1,0 ETP	0.0%	1,0 ETP	-63.0%	2,7 ETP	-49.1%	5,3 ETP	+55.9%	3,4 ETP	-64.6%	9,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 23 ended

Active mandates

BAMA

Director · since 03 juin 2025 · until 03 juin 2031 · 0424.952.446

Represented by Vincent Bary

Active

PHILIPPE BORREMANS

Managing director · since 01 juillet 2021 · until 01 juin 2027

Active

WILLIAM BORREMANS

Director · since 01 juillet 2021 · until 01 juin 2027

Active

Ended mandates

BAMA

Director · since 01 juillet 2019 · until 04 juin 2025 · 0424.952.446

Represented by Vincent Bary

Ended

FLOWSOURCE

Managing director · since 01 juillet 2019 · until 04 juin 2025 · 0552.749.550

Represented by Bernard Goethals

Ended

BRIGITTE BORREMANS

Director · since 02 juin 2015 · until 17 juin 2019

Ended

BRIGITTE BORREMANS

Director · since 02 juin 2015 · until 01 juin 2021

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/06/2026	30/06/2025	24/06/2024	31/08/2023	11/08/2022	10/08/2021
General meeting	02/06/2026	03/06/2025	04/06/2024	31/07/2023	23/06/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	02/06/2026	29/06/2026	French	PDF
Abridged model	31/12/2024	03/06/2025	30/06/2025	French	PDF
Full model	31/12/2023	04/06/2024	24/06/2024	French	PDF
Full model	31/12/2022	31/07/2023	31/08/2023	French	PDF
Full model	31/12/2021	23/06/2022	11/08/2022	French	PDF
Full model	31/12/2020	30/06/2021	10/08/2021	French	PDF
Full model	31/12/2019	28/10/2020	30/10/2020	French	PDF
Full model	31/12/2018	04/06/2019	01/07/2019	French	PDF
Full model	31/12/2017	05/06/2018	29/06/2018	French	PDF
Full model	31/12/2016	06/06/2017	03/07/2017	French	PDF
Full model	31/12/2015	07/06/2016	13/06/2016	French	PDF
Full model	31/12/2014	02/06/2015	15/07/2015	French	PDF
Full model	31/12/2013	03/06/2014	25/07/2014	French	PDF
Full model	31/12/2012	04/06/2013	26/07/2013	French	PDF
Full model	31/12/2011	06/06/2012	31/07/2012	French	PDF
Full model	31/12/2010	07/06/2011	08/07/2011	French	PDF
Full model	31/12/2009	01/06/2010	14/07/2010	French	PDF
Full model	31/12/2008	02/06/2009	26/06/2009	French	PDF
Full model	30/06/2007	13/11/2007	28/02/2008	French	PDF
Full model	30/06/2006	14/11/2006	12/01/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 23 ended

Active mandates

BAMA

Director · since 03 juin 2025 · until 03 juin 2031 · 0424.952.446

Represented by Vincent Bary

Active

PHILIPPE BORREMANS

Managing director · since 01 juillet 2021 · until 01 juin 2027

Active

WILLIAM BORREMANS

Director · since 01 juillet 2021 · until 01 juin 2027

Active

Ended mandates

BAMA

Director · since 01 juillet 2019 · until 04 juin 2025 · 0424.952.446

Represented by Vincent Bary

Ended

FLOWSOURCE

Managing director · since 01 juillet 2019 · until 04 juin 2025 · 0552.749.550

Represented by Bernard Goethals

Ended

BRIGITTE BORREMANS

Director · since 02 juin 2015 · until 17 juin 2019

Ended

BRIGITTE BORREMANS

Director · since 02 juin 2015 · until 01 juin 2021

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates23/04/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates25/04/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates24/04/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates30/03/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates28/09/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates30/04/2014
DEMISSIONS, NOMINATIONS
PDF
Mandates24/08/2012
DEMISSIONS, NOMINATIONS
PDF
Mandates29/12/2010
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-62,5 k €↓
2024
Annual accounts 2024-10,8 k €↓
2023
Annual accounts 2023121,9 k €↑
2022
Annual accounts 2022108 k €↓
2021
Annual accounts 2021138,2 k €↑
2020
Annual accounts 202071,5 k €↑
2019
Annual accounts 201971,1 k €↑
2018
Annual accounts 201862,3 k €↑
2017
Annual accounts 201744,8 k €↓
2016
Annual accounts 201648,2 k €↑
2015
Annual accounts 201541,9 k €↓
2014
Annual accounts 201442,8 k €↓
2013
Annual accounts 201351,8 k €↓
2012
Annual accounts 201284,1 k €↑
2011
Annual accounts 2011-46,4 k €↓
2010
Annual accounts 2010-26,5 k €↓
2009
Annual accounts 200918,7 k €↓
2008
Annual accounts 200824,1 k €
29/11/1982
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

RUPELMEAT

Overview

What does RUPELMEAT do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline