Financials
Financial year 2025
TRANSMEAT from Londerzeel, company number BE0451150859, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year TRANSMEAT recorded revenue of € 56.7 million and equity of € 2.3 million. Compared with financial year 2024, the result moved from € 1.4 million to € 1.2 million. 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 July 14, 2026.
€ 2.3 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.2 million
▼ 15% vs 2024
Profit after tax over the fiscal year.
€ 2.7 million
▲ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.1 million paid out
94 % of the profit went to the shareholders, mostly to NOVITIUM (62 % of the shares). That is where the money ends up.
People and assets in 2025
39.5
▼ 1.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.1 million
▲ 1% vs 2024
€ 79,700 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.
€ 428,576
▲ 66% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.8 million
▼ 23% vs 2024
€ 559,852 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 5.4 million
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 37 days on average.
€ 473,670
▲ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 46,664,435 | € 55,616,736 | € 55,982,936 | € 56,701,253 | ▲ 1% |
| Profit after taxes | € 1,042,167 | € 1,251,529 | € 1,365,135 | € 1,165,366 | ▼ 15% |
| Equity | € 2,162,191 | € 2,201,238 | € 2,259,794 | € 2,317,644 | ▲ 3% |
| Total debts | € 8,689,874 | € 10,733,880 | € 8,782,695 | € 8,777,463 | |
| Cash | € 1,168,703 | € 1,577,652 | € 2,519,049 | € 2,668,231 | ▲ 6% |
| Land & buildings | € 896,104 | € 900,394 | € 869,120 | € 853,248 | ▼ 2% |
| Retained profit | € 1,595,163 | € 1,646,692 | € 1,711,827 | € 1,777,194 | ▲ 4% |
| Dividend | € 1,100,000 | € 1,200,000 | € 1,300,000 | € 1,100,000 | ▼ 15% |
| Bank debt | € 2,999,285 | € 3,026,122 | € 2,397,046 | € 1,845,964 | ▼ 23% |
| Balance sheet total | € 10,873,991 | € 12,954,112 | € 11,072,315 | € 11,126,160 | |
| Employees (FTE) | 44.7 | 43.2 | 41.2 | 39.5 | ▼ 1.7 |
Key figures of TRANSMEAT, 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 TRANSMEAT?
What happened at TRANSMEAT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Rik RENMANS stepped down as director. NBB
- Jeoffrey BOVY stepped down as director. NBB
- Richard BOVY stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.2 million (▼ 15% vs 2024). Source: NBB ↗
- Richard BOVY became a director. NBB
- Rik RENMANS became a director. NBB
- Jeoffrey BOVY became a director. NBB
- New establishment in Londerzeel. KBO
In short
From € 1 million profit in 2022 to € 1.2 million profit in 2025.
Paid € 1.7 million in corporate taxes since 2022.
Best year ever: 2024, with € 1.4 million profit.
Paid out € 4.7 million in dividends to the owners in total.
Management
The shares are held by NOVITIUM (62.5%), INVEST SIMABRES (33.4%) and Rik RENMANS (4.2%).
Directors
According to the 2025 annual accounts
Rik RENMANS
Managing director
Owns 4.2% directly
Also active at: FIDUCIAIRE BOVY, QUALITY MEAT RENMANS, IMMO FRACEN, BRABHOLD, FRERINI, TRADITIONAL BREAD BELGIUM, FRABHOLD, FRABDIS +34 more
since 2019 · until 2029
Jeoffrey BOVY
Director
Also active at: FIDUCIAIRE BOVY, QUALITY MEAT RENMANS, IMMO FRACEN, BRABHOLD, INVEST SIMABRES, TRADITIONAL BREAD BELGIUM, FRABHOLD, FRABDIS +34 more
since 2019 · until 2029
Richard BOVY
Director
Also active at: FIDUCIAIRE BOVY, QUALITY MEAT RENMANS, IMMO FRACEN, BRABHOLD, INVEST SIMABRES, MapLE AKoustic Lht, MEATSERVICE DISTRIBUTION
since 2024 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oudemanstraat 15
1840 Londerzeel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Domain
Domain
transmeat.eu
Registrar
Combell NV
Website info
Features
Security
Network
Details
- Company number
- 0451.150.859
- VAT number
- BE 0451.150.859
- Registered office
- Oudemanstraat 15, 1840 Londerzeel
- Names & denominations
- TRANSMEAT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 October 1993
- Peppol
- Active · Active since 18 Sept 2025
- Contact
- transmeat.eu
- Activities · NACE
Groothandel in vlees en vleeswaren, exclusief vlees van gevogelte en van wild
Groothandel in vlees en vleesproducten, uitgezonderd vlees van wild en van gevogelte