What does CHEVIDECO do?

CHEVIDECO is a food producer in Menen. Public Limited, started on 1 January 1973, 1 establishment.

What is the address of CHEVIDECO?

The registered office of CHEVIDECO is located at Lar P20, 8930 Menen.

Is CHEVIDECO still active?

Yes. According to the CBE (29 October 2026) CHEVIDECO is active, legal situation “Normale toestand”, started on 1 January 1973.

Is CHEVIDECO registered on Peppol?

Yes, CHEVIDECO is registered on the Peppol network with ID 0208:0412905838.

What is the enterprise number of CHEVIDECO?

The enterprise number of CHEVIDECO is BE0412905838.

When was CHEVIDECO founded?

CHEVIDECO was founded on 1 January 1973.

Who are the directors of CHEVIDECO?

According to the 2025 annual accounts, the directors of CHEVIDECO are: KEMSEKE INVEST BV, Philippe Kemseke, Olivier Kemseke.

Is CHEVIDECO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 January 1973; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did CHEVIDECO make in 2025?

CHEVIDECO posted a profit after taxes of € 195,609 in financial year 2025.

What is the revenue of CHEVIDECO?

In its most recent annual accounts (2025), CHEVIDECO reported revenue of € 40,268,285.

How much does an employee at CHEVIDECO earn?

The average wage cost per full-time employee at CHEVIDECO was € 65,600 in 2025: staff costs of € 2 million for 31 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does CHEVIDECO have?

According to the 2025 annual accounts, CHEVIDECO has 31 full-time equivalents (FTE).

CHEVIDECO (Public Limited) - Menen - BE0412905838

Dossier CHEVIDECO, printed on 29 October 2026 from databakkes.be/en/0412905838/chevideco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

CHEVIDECO from Menen, company number BE0412905838, closed financial year 2025 with a result of € 195,609 after tax. For that financial year CHEVIDECO recorded revenue of € 40.3 million and equity of € 4.1 million. Compared with financial year 2024, the result moved from € 653,703 to € 195,609. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.

What it is worth Growing

€ 4.1 million

▲ 5% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 195,609

▼ 70% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.4 million

▼ 8% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 3.8 million.

People and assets in 2025

Full-time equivalents

▲ 0.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 3.4 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 2 million

€ 65,600 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.

Vehicles and equipment

€ 151,775

▼ 39% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 128,754

▼ 82% vs 2024

€ 40,940 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 2.1 million

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 20 days on average.

Taxes and wages

€ 371,154

▲ 2% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 35,970,796 Revenue 2022: € 35,970,796 First fiscal year in the series	€ 34,090,939 Revenue 2023: € 34,090,939 ▼ 5% vs 2022 (€ 35,970,796) Unfavourable step	€ 37,598,633 Revenue 2024: € 37,598,633 ▲ 10% vs 2023 (€ 34,090,939) Favourable step	€ 40,268,285 Revenue 2025: € 40,268,285 ▲ 7% vs 2024 (€ 37,598,633) Favourable step	▲ 7%
Profit after taxes	€ -1,165,932 Profit after taxes 2022: € -1,165,932 First fiscal year in the series	€ 368,396 Profit after taxes 2023: € 368,396 ▲ € 1.5 million vs 2022 (€ -1,165,932) Favourable step	€ 653,703 Profit after taxes 2024: € 653,703 ▲ 77% vs 2023 (€ 368,396) Favourable step	€ 195,609 Profit after taxes 2025: € 195,609 ▼ 70% vs 2024 (€ 653,703) Unfavourable step	▼ 70%
Equity	€ 2,848,866 Equity 2022: € 2,848,866 First fiscal year in the series	€ 3,217,261 Equity 2023: € 3,217,261 ▲ 13% vs 2022 (€ 2,848,866) Favourable step	€ 3,870,965 Equity 2024: € 3,870,965 ▲ 20% vs 2023 (€ 3,217,261) Favourable step	€ 4,066,574 Equity 2025: € 4,066,574 ▲ 5% vs 2024 (€ 3,870,965) Favourable step	▲ 5%
Total debts	€ 3,903,548 Total debts 2022: € 3,903,548 First fiscal year in the series	€ 2,891,504 Total debts 2023: € 2,891,504 ▼ 26% vs 2022 (€ 3,903,548) Favourable step	€ 3,377,211 Total debts 2024: € 3,377,211 ▲ 17% vs 2023 (€ 2,891,504) Unfavourable step	€ 2,813,648 Total debts 2025: € 2,813,648 ▼ 17% vs 2024 (€ 3,377,211) Favourable step	▼ 17%
Cash	€ 865,703 Cash 2022: € 865,703 First fiscal year in the series	€ 743,782 Cash 2023: € 743,782 ▼ 14% vs 2022 (€ 865,703) Unfavourable step	€ 1,546,225 Cash 2024: € 1,546,225 ▲ 108% vs 2023 (€ 743,782) Favourable step	€ 1,419,074 Cash 2025: € 1,419,074 ▼ 8% vs 2024 (€ 1,546,225) Unfavourable step	▼ 8%
Land & buildings	€ 443,516 Land & buildings 2022: € 443,516 First fiscal year in the series	€ 370,506 Land & buildings 2023: € 370,506 ▼ 16% vs 2022 (€ 443,516) Unchanged	€ 289,981 Land & buildings 2024: € 289,981 ▼ 22% vs 2023 (€ 370,506) Unchanged	€ 218,976 Land & buildings 2025: € 218,976 ▼ 24% vs 2024 (€ 289,981) Unchanged	▼ 24%
Retained profit	€ 2,628,866 Retained profit 2022: € 2,628,866 First fiscal year in the series	€ 2,997,261 Retained profit 2023: € 2,997,261 ▲ 14% vs 2022 (€ 2,628,866) Favourable step	€ 3,650,965 Retained profit 2024: € 3,650,965 ▲ 22% vs 2023 (€ 2,997,261) Favourable step	€ 3,846,574 Retained profit 2025: € 3,846,574 ▲ 5% vs 2024 (€ 3,650,965) Favourable step	▲ 5%
Bank debt	€ 1,163,370 Bank debt 2022: € 1,163,370 First fiscal year in the series	€ 465,712 Bank debt 2023: € 465,712 ▼ 60% vs 2022 (€ 1,163,370) Favourable step	€ 696,618 Bank debt 2024: € 696,618 ▲ 50% vs 2023 (€ 465,712) Unfavourable step	€ 128,754 Bank debt 2025: € 128,754 ▼ 82% vs 2024 (€ 696,618) Favourable step	▼ 82%
Balance sheet total	€ 6,752,413 Balance sheet total 2022: € 6,752,413 First fiscal year in the series	€ 6,108,765 Balance sheet total 2023: € 6,108,765 ▼ 10% vs 2022 (€ 6,752,413) Unchanged	€ 7,248,176 Balance sheet total 2024: € 7,248,176 ▲ 19% vs 2023 (€ 6,108,765) Unchanged	€ 6,880,222 Balance sheet total 2025: € 6,880,222 ▼ 5% vs 2024 (€ 7,248,176) Unchanged	▼ 5%
Employees (FTE)	34.1 Employees (FTE) 2022: 34.1 First fiscal year in the series	32.2 Employees (FTE) 2023: 32.2 ▼ 1.9 vs 2022 (34.1) Unchanged	30.9 Employees (FTE) 2024: 30.9 ▼ 1.3 vs 2023 (32.2) Unchanged	31 Employees (FTE) 2025: 31 ▲ 0.1 vs 2024 (30.9) Unchanged	▲ 0.1

Key figures of CHEVIDECO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to CHEVIDECO?

What happened at CHEVIDECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 KEMSEKE INVEST BV stepped down as director. NBB
2029 Philippe Kemseke stepped down as director. NBB
2029 Olivier Kemseke stepped down as director. NBB
Jul 10, 2026 New annual accounts for financial year 2025: profit of € 195,609 (▼ 70% vs 2024). Source: NBB ↗
2023 KEMSEKE INVEST BV became a director. NBB
2023 Philippe Kemseke became a director. NBB
2023 Olivier Kemseke became a director. NBB
May 14, 1973 New establishment in Menen. KBO

In short

From € 1.2 million loss in 2022 to € 195,609 profit in 2025.

Paid € 87,678 in corporate taxes since 2022.

Best year ever: 2024, with € 653,703 profit.

Pays suppliers within 20 days on average.

Original PDFs at the National Bank ↗

Management

KEMSEKE INVEST 100%

The stake of KEMSEKE INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

CHEVIDECO

The shares are held by KEMSEKE INVEST (100%).

Directors

According to the 2025 annual accounts

KEMSEKE INVEST BV

Director · represented by Ann Opstoel

since 2023 · until 2029

Philippe Kemseke

Managing director

Also active at: Kemseke Estate

since 2023 · until 2029

Olivier Kemseke

Managing director

Also active at: FEBEV-FEDERATION BELGE DE LA VIANDE, Kemseke Estate, F4P Invest, FRESHFROZEN FOR PETS, KEMSEKE INVEST

since 2023 · until 2029

Shareholders

KEMSEKE INVEST

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Lar P20

8930 Menen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

CHEVINVEST

Kemseke Estate same network

€ 299,736 gross margin · 2025

KEMSEKE INVEST same network

€ 555,795 revenue · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0412.905.838

VAT number

BE 0412.905.838

Registered office

Lar P20, 8930 Menen

Names & denominations

CHEVIDECO

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

1 January 1973

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Activiteiten van slachthuizen

Productie van vers vlees

Groothandel in vlees en vleeswaren, exclusief vlees van gevogelte en van wild

Groothandel in vlees en vleesproducten, uitgezonderd vlees van wild en van gevogelte

Verwerking en conservering van vlees, exclusief vlees van gevogelte

Groothandel in levende dieren

Groothandel in levend vee

View on CBE Public ↗ Annual accounts (NBB) ↗

CHEVIDECO

Financials

What happened to CHEVIDECO?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions