ACTIVE

TRANSMEAT

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Financial year 2025 · closed on 31/12/2025

Net result

1,2 M €

-14.6% YoY

Revenue

56,7 M €

+1.3% YoY

Equity

2,3 M €

+2.6% YoY

Workforce

39,5 ETP

-4.1% YoY

What does TRANSMEAT do?

TRANSMEAT is a Public limited company incorporated in 1993. Its main activity is: Wholesale of meat and meat products. Its registered office is in Londerzeel. It employs on average 39,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0451.150.859

Incorporation

25/10/1993

Legal form

Public limited company

Registered office

Oudemanstraat 15
1840 Londerzeel · FlandreSee on map

Contributed capital

496 000,00 €

Latest accounts

31/12/2025

Average workforce

39,5 ETP

Activities (NACE)

46321Wholesale of meat and meat products· main 46321Wholesale of meat and meat products 51321Air transport

Joint committees (5)

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	56,7 M €	+1.3%	56 M €	+0.7%	55,6 M €	+19.2%	46,7 M €	+2.1%	45,7 M €	-0.5%	45,9 M €	-9.0%	50,4 M €	-2.3%	51,6 M €	+3.8%	49,7 M €	-0.7%	50,1 M €	-2.3%	51,2 M €	-5.2%	54 M €	-24.9%	72 M €	+1.2%	71,1 M €	+3.7%	68,6 M €	-1.0%	69,3 M €	+0.8%	68,7 M €	+8.1%	63,6 M €	+8.1%	58,8 M €	-1.1%	59,5 M €
EBITDA	1,9 M €	-13.1%	2,2 M €	+0.5%	2,2 M €	+3.1%	2,1 M €	-14.2%	2,5 M €	+11.0%	2,2 M €	-14.9%	2,6 M €	-15.5%	3,1 M €	+23.0%	2,5 M €	+21.8%	2,1 M €	-4.9%	2,2 M €	+43.4%	1,5 M €	-42.0%	2,6 M €	+25.4%	2,1 M €	-6.9%	2,3 M €	-3.1%	2,3 M €	+9.6%	2,1 M €	+7.0%	2 M €	+18.2%	1,7 M €	-17.4%	2 M €
Operating result	1,5 M €	-13.8%	1,8 M €	+7.3%	1,7 M €	+16.3%	1,4 M €	-18.6%	1,7 M €	+27.8%	1,4 M €	-19.7%	1,7 M €	-22.0%	2,2 M €	+40.4%	1,6 M €	+12.3%	1,4 M €	+30.4%	1,1 M €	+153%	420,2 k €	-73.7%	1,6 M €	+50.9%	1,1 M €	-18.0%	1,3 M €	-5.0%	1,4 M €	+12.5%	1,2 M €	-1.8%	1,2 M €	+18.6%	1 M €	-32.3%	1,5 M €
Net result	1,2 M €	-14.6%	1,4 M €	+9.1%	1,3 M €	+20.1%	1 M €	-19.0%	1,3 M €	+29.3%	995,5 k €	-15.5%	1,2 M €	-20.9%	1,5 M €	+49.3%	997 k €	+12.6%	885,4 k €	+30.2%	680,1 k €	+88.3%	361,2 k €	-64.4%	1 M €	+54.5%	657,2 k €	-20.2%	824 k €	-3.7%	855,4 k €	+4.3%	819,8 k €	-3.8%	852 k €	+17.0%	728,1 k €	-33.8%	1,1 M €
Balance sheet
Equity	2,3 M €	+2.6%	2,3 M €	+2.7%	2,2 M €	+1.8%	2,2 M €	-3.0%	2,2 M €	+7.9%	2,1 M €	+2.3%	2 M €	-13.7%	2,3 M €	+4.0%	2,3 M €	-0.1%	2,3 M €	+1.6%	2,2 M €	+3.7%	2,1 M €	+20.3%	1,8 M €	+0.9%	1,8 M €	-2.4%	1,8 M €	+1.3%	1,8 M €	+0.2%	1,8 M €	-5.7%	1,9 M €	+1.4%	1,9 M €	+0.1%	1,9 M €
Total assets	11,1 M €	+0.5%	11,1 M €	-14.5%	13 M €	+19.1%	10,9 M €	-8.8%	11,9 M €	+16.4%	10,2 M €	-4.5%	10,7 M €	+0.4%	10,7 M €	-0.0%	10,7 M €	-0.1%	10,7 M €	-5.4%	11,3 M €	+3.2%	10,9 M €	-14.4%	12,8 M €	+3.4%	12,4 M €	-1.0%	12,5 M €	-4.8%	13,1 M €	-10.6%	14,7 M €	+27.8%	11,5 M €	+19.7%	9,6 M €	+7.3%	8,9 M €
Cash	2,7 M €	+5.9%	2,5 M €	+59.7%	1,6 M €	+35.0%	1,2 M €	-66.2%	3,5 M €	+62.0%	2,1 M €	+369%	455,3 k €	-66.1%	1,3 M €	+47.8%	907,6 k €	+61.2%	563 k €	-81.7%	3,1 M €	+357%	674,5 k €	-68.4%	2,1 M €	+385%	441,2 k €	-31.7%	646,4 k €	-50.8%	1,3 M €	-49.4%	2,6 M €	+399%	520,8 k €	-2.0%	531,4 k €	-50.7%	1,1 M €
Debts	8,8 M €	-0.0%	8,8 M €	-18.2%	10,7 M €	+23.5%	8,7 M €	-10.1%	9,7 M €	+18.6%	8,2 M €	-6.1%	8,7 M €	+4.5%	8,3 M €	-1.2%	8,4 M €	+0.7%	8,4 M €	-7.4%	9 M €	+2.9%	8,8 M €	-20.2%	11 M €	+3.9%	10,6 M €	-0.6%	10,6 M €	-5.9%	11,3 M €	-12.1%	12,9 M €	+34.6%	9,6 M €	+24.1%	7,7 M €	+9.0%	7,1 M €
Other
Workforce	39,5 ETP	-4.1%	41,2 ETP	-4.6%	43,2 ETP	-3.4%	44,7 ETP	0.0%	44,7 ETP	-6.3%	47,7 ETP	-0.6%	48,0 ETP	+2.6%	46,8 ETP	+2.2%	45,8 ETP	-3.4%	47,4 ETP	-3.7%	49,2 ETP	-0.8%	49,6 ETP	-2.2%	50,7 ETP	+1.2%	50,1 ETP	+1.4%	49,4 ETP	-3.5%	51,2 ETP	+9.9%	46,6 ETP	-0.9%	47,0 ETP	-3.1%	48,5 ETP	-0.4%	48,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 19 ended

Active mandates

Richard BOVY

Director · since 15 mai 2024 · until 25 juin 2029

Active

Jeoffrey BOVY

Director · since 25 juin 2019 · until 25 juin 2029

Active

Rik RENMANS

Managing director · since 25 juin 2019 · until 25 juin 2029

Active

Ended mandates

Henri RENMANS

Director · since 25 juin 2019 · until 30 avril 2024

Ended

Henri RENMANS

Director · since 25 juin 2019 · until 25 juin 2025

Ended

Jeoffrey BOVY

Director · since 25 juin 2019 · until 25 juin 2025

Ended

Nicolas RENMANS

Managing director · since 25 juin 2019 · until 30 juin 2019

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full 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	14/07/2026	24/07/2025	23/07/2024	24/07/2023	25/07/2022	20/07/2021
General meeting	25/06/2026	25/06/2025	25/06/2024	26/06/2023	25/06/2022	25/06/2021
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
Full model	31/12/2025	25/06/2026	14/07/2026	Dutch	PDF
Full model	31/12/2024	25/06/2025	24/07/2025	Dutch	PDF
Full model	31/12/2023	25/06/2024	23/07/2024	Dutch	PDF
Full model	31/12/2022	26/06/2023	24/07/2023	Dutch	PDF
Full model	31/12/2021	25/06/2022	25/07/2022	Dutch	PDF
Full model	31/12/2020	25/06/2021	20/07/2021	Dutch	PDF
Full model	31/12/2019	25/06/2020	23/07/2020	Dutch	PDF
Full model	31/12/2018	25/06/2019	22/07/2019	Dutch	PDF
Full model	31/12/2017	25/06/2018	04/07/2018	Dutch	PDF
Full model	31/12/2016	26/06/2017	27/06/2017	Dutch	PDF
Full model	31/12/2015	25/06/2016	25/07/2016	Dutch	PDF
Full model	31/12/2014	25/06/2015	10/07/2015	Dutch	PDF
Full model	31/12/2013	25/06/2014	18/07/2014	Dutch	PDF
Full model	31/12/2012	25/06/2013	19/07/2013	Dutch	PDF
Full model	31/12/2011	25/06/2012	03/07/2012	Dutch	PDF
Full model	31/12/2010	25/06/2011	14/07/2011	Dutch	PDF
Full model	31/12/2009	25/06/2010	22/07/2010	Dutch	PDF
Full model	31/12/2008	25/06/2009	08/07/2009	Dutch	PDF
Full model	31/12/2007	25/06/2008	16/07/2008	Dutch	PDF
Full model	31/12/2006	25/06/2007	20/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 19 ended

Active mandates

Richard BOVY

Director · since 15 mai 2024 · until 25 juin 2029

Active

Jeoffrey BOVY

Director · since 25 juin 2019 · until 25 juin 2029

Active

Rik RENMANS

Managing director · since 25 juin 2019 · until 25 juin 2029

Active

Ended mandates

Henri RENMANS

Director · since 25 juin 2019 · until 30 avril 2024

Ended

Henri RENMANS

Director · since 25 juin 2019 · until 25 juin 2025

Ended

Jeoffrey BOVY

Director · since 25 juin 2019 · until 25 juin 2025

Ended

Nicolas RENMANS

Managing director · since 25 juin 2019 · until 30 juin 2019

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/08/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/05/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Other03/11/2022
DIVERSEN
PDF
Mandates06/09/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/10/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/08/2013
ONTSLAGEN - BENOEMINGEN
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 20251,2 M €↓
2024
Annual accounts 20241,4 M €↑
2023
Annual accounts 20231,3 M €↑
2022
Annual accounts 20221 M €↓
2021
Annual accounts 20211,3 M €↑
2020
Annual accounts 2020995,5 k €↓
2019
Annual accounts 20191,2 M €↓
2018
Annual accounts 20181,5 M €↑
2017
Annual accounts 2017997 k €↑
2016
Annual accounts 2016885,4 k €↑
2015
Annual accounts 2015680,1 k €↑
2014
Annual accounts 2014361,2 k €↓
2013
Annual accounts 20131 M €↑
2012
Annual accounts 2012657,2 k €↓
2011
Annual accounts 2011824 k €↓
2010
Annual accounts 2010855,4 k €↑
2009
Annual accounts 2009819,8 k €↓
2008
Annual accounts 2008852 k €↑
2007
Annual accounts 2007728,1 k €↓
2006
Annual accounts 20061,1 M €
25/10/1993
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

TRANSMEAT

Overview

What does TRANSMEAT do?

Trend over 20 financial years

Indicative valuation

Board of directors

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