Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 94.7 to 84.9.
Financials
Financial year 2025
Vleeswarenfabriek Ropa from Diest, company number BE0412593755, closed financial year 2025 with a result of € 393,288 after tax. For that financial year Vleeswarenfabriek Ropa recorded revenue of € 18.3 million and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 636,297 to € 393,288. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 15, 2025.
€ 2.1 million
▲ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 393,288
▼ 38% vs 2024
Profit after tax over the fiscal year.
€ 5,592
▲ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -600,903.
People and assets in 2025
84.9
▼ 7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.2 million
▼ 7% vs 2024
€ 49,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 302,167
▼ 18% vs 2024
Of which on lease € 302,167.
Debts at end 2025
€ 3 million
▼ 13% vs 2024
€ 302,810 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 2.6 million
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 75 days on average.
€ 1.1 million
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 17,443,997 | € 19,303,883 | € 19,687,657 | € 18,293,392 | ▼ 7% |
| Profit after taxes | € -307,113 | € 1,341,766 | € 636,297 | € 393,288 | ▼ 38% |
| Equity | € 12,466 | € 1,103,115 | € 1,739,413 | € 2,132,700 | ▲ 23% |
| Total debts | € 8,766,508 | € 8,202,742 | € 7,320,556 | € 6,839,693 | ▼ 7% |
| Cash | € 122,931 | € 112,043 | € 4,117 | € 5,592 | ▲ 36% |
| Land & buildings | € 1,990,089 | € 16,158 | € 15,444 | € 14,730 | ▼ 5% |
| Retained profit | € -2,972,254 | € -1,630,488 | € -994,190 | € -600,903 | ▲ € 393,288 |
| Bank debt | € 4,593,951 | € 3,834,617 | € 3,453,292 | € 3,014,422 | ▼ 13% |
| Balance sheet total | € 8,778,974 | € 9,305,858 | € 9,059,969 | € 8,972,393 | ▼ 1% |
| Employees (FTE) | 98.4 | 94.7 | 91.9 | 84.9 | ▼ 7 |
Key figures of Vleeswarenfabriek Ropa, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Vleeswarenfabriek Ropa?
What happened at Vleeswarenfabriek Ropa in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- David De Spiegeleire stepped down as director. NBB
- Blova Invest BV stepped down as director. NBB
- Gidaco BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 393,288 (▼ 38% vs 2024). Source: NBB ↗
- David De Spiegeleire became a director. NBB
- Blova Invest BV became a director. NBB
- Gidaco BV became a director. NBB
- New establishment in Diest. KBO
In short
From € 307,113 loss in 2022 to € 393,288 profit in 2025.
Paid € 22,607 in corporate taxes since 2022.
Best year ever: 2023, with € 1.3 million profit.
Pays suppliers within 75 days on average.
Management
The stake of DE SPIEGELEIRE HOLDING, GIDACO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Vleeswarenfabriek RopaThe shares are held by DE SPIEGELEIRE HOLDING (80.4%) and GIDACO (3.9%).
Directors
According to the 2025 annual accounts
David De Spiegeleire
Managing director
Also active at: DE SPIEGELEIRE, DE SPIEGELEIRE HOLDING, iQuila Food Family
since 2021 · until 2027
Director · represented by Lily Vansweevelt
since 2021 · until 2027
Director · represented by Danny Gielen
Also active at: BELL BENELUX, DE SPIEGELEIRE HOLDING, Tastelink Holding
since 2021 · until 2027
Shareholders
80.4%
3.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Industriepark 9
3290 Diest
Itselaarlaan 13
3290 Diest
Active since 17 August 1972
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0412.593.755
- VAT number
- BE 0412.593.755
- Registered office
- Industriepark 9, 3290 Diest
- Names & denominations
- Vleeswarenfabriek Ropa
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 August 1972
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vervaardiging van producten van vlees of van vlees van gevogelte
Vervaardiging van verse vleeswaren en van vleesconserven
Groothandel in vlees en vleesproducten, uitgezonderd vlees van wild en van gevogelte
Groothandel in vlees en vleeswaren, exclusief vlees van gevogelte en van wild
Detailhandel in vlees en vleesproducten, muv vlees van wild en van gevogelte
Detailhandel in vlees en vleeswaren