AS MEAT
ActiveThe computed 12-month bankruptcy probability of AS MEAT is 3.3% (moderate). The 2024 annual accounts show equity of €94k and a net result of €12k. Equity is growing by ~4% per year across the filed fiscal years. Its solvency ranks better than 62% of 18940 sector peers (fiscal year 2024). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
63
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▼-4
Solvency68▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.74 against 1.7 in 2023; short-term debt: 50.3% and cash: 27.2% of total assets), but 57.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
42.6%
Return on assets
5.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
125 d early
2022
88 d late
2021
30 d early
2020
18 d late
2019
13 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€94k▲ 14.8%
2023 · €82k
2018: €67k
2019: €70k
2020: €70k
2021: €65k
2022: €67k
2023: €82k
2018 → 2024
Total assets
€221k▲ 21.8%
2023 · €181k
2018: €211k
2019: €196k
2020: €197k
2021: €211k
2022: €317k
2023: €181k
2018 → 2024
Net result
€12k▼ 17.7%
2023 · €15k
2018: €5k
2019: €3k
2020: €-6k
2021: €2k
2022: €2k
2023: €15k
2018 → 2024
Working capital
€82k▲ 32.9%
2023 · €62k
2018: €43k
2019: €32k
2020: €33k
2021: €58k
2022: €63k
2023: €62k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€70k-€65k▼ 6.2%€67k▲ 2.7%€82k▲ 21.9%€94k▲ 14.8%
Operating result€13k-€6k▼ 57.0%€-7k€23k€20k▼ 12.6%
Net result€-6k-€2k€2k▼ 14.2%€15k▲ 740%€12k▼ 17.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 13% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €221k
Fixed assets
€28k▼ 11.2%
Current assets
€193k▲ 28.8%
Equity and liabilities €221k
Equity
€94k▲ 14.8%
Debt
€127k▲ 27.6%
The debt ratio rises from 54.8% to 57.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€26k▼
2023 · €29k
Cash flow
€18k▼
2023 · €20k
Solvency
42.6%▼
2023 · 45.2%
Current ratio
1.74▲
2023 · 1.70
Quick ratio
0.69▲
2023 · 0.46
Debt / equity
1.35▲
2023 · 1.21
ROE
12.9%▼
2023 · 18.0%
ROA
5.5%▼
2023 · 8.1%
Interest coverage
5.87▼
2023 · 9.98
Debt
€127k▲
2023 · €99k
Debt ≤ 1 year
€111k▲
2023 · €88k
Debt > 1 year
€15k▲
2023 · €11k
Income taxes
€4k▼
2023 · €5k
Staff costs
€-2k▼
2023 · €49k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€181k€221k▲
Fixed assets21/28€32k€28k▼
Tangible fixed assets22/27€18k€12k▼
Plant, machinery and equipment23€11k€8k▼
Furniture and vehicles24€6k€4k▼
Financial fixed assets28€14k€16k▲
Current assets29/58€150k€193k▲
Stocks and contracts in progress3€109k€116k▲
Stocks30/36€109k€116k▲
Amounts receivable within one year40/41€26k€17k▼
Trade receivables40€26k€17k▼
Cash at bank and in hand54/58€14k€60k▲
Equity and liabilities
Total equity and liabilities10/49€181k€221k▲
Equity10/15€82k€94k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€61k€73k▲
Amounts payable17/49€99k€127k▲
Amounts payable after more than one year17€11k€15k▲
Financial debts170/4€11k€15k▲
Amounts payable within one year42/48€88k€111k▲
Current portion of amounts payable after more than one year42€17k€21k▲
Trade debts44€25k€35k▲
Suppliers440/4€25k€35k▲
Taxes, remuneration and social security45€11k€21k▲
Taxes450/3€11k€15k▲
Remuneration and social security454/9-€6k
Other amounts payable47/48€35k€34k▼
Accrued charges and deferred income492/3-€650
Income statement
Code20232024
Remuneration, social security and pensions62€49k€-2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▲
Other operating charges640/8€17k€16k▼
Gross operating margin9900€95k€40k▼
Operating profit (loss)9901€23k€20k▼
Financial income75/76B€70€292▲
Recurring financial income75€70€292▲
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€20k€16k▼
Income taxes67/77€5k€4k▼
Profit (loss) for the period9904€15k€12k▼
Profit (loss) for the period to be appropriated9905€15k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€61k€73k▲
Profit (loss) brought forward from the previous period14P€47k€61k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €15k ▲740%
Operating result €23k, net result €15k, both a record.
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 88 days late
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
31-12
Financial
Weakest financial yearnet €-6k ▼354%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
13-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 13 days late
2019
09-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 9 days late
2018
08-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 8 days late
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
04-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 5 establishment units since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hof ter Bekestraat 112018 AntwerpenGround area
9.7 ha
Building footprint
1.3 ha
Volume, LiDAR
32,467 m³
5 parcels, Flanders · tallest building 18.3 m, ±5 floors. Linked by address, not a title deed.
5 establishment units
AS MEAT
since 20072.160.609.672
SIMO
since 20082.173.936.581
Zakuski Eetcafé Ema & Simo
since 20112.198.037.717
Kielsbroek 4, 2020 Antwerpen
since 20212.319.030.072
Broeders Restaurant
since 20262.391.570.236
5 parcels
Flanders
5
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11809I2651/00V000 | Flanders | 9.7 ha | 1 · 1.3 ha | 10.7 m |
| 11811L3803/00V000 | Flanders | 115 m² | 1 · 115 m² | 16.6 m · 4 fl. |
| 11810K1710/00Z012 | Flanders | 105 m² | 1 · 105 m² | 14.9 m · 5 fl. |
| 11810K1747/00L010 | Flanders | 64 m² | 1 · 64 m² | 12.3 m · 3 fl. |
| 11811L3780/00B002 | Flanders | 58 m² | 1 · 58 m² | 18.3 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 4
5 of 5 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 4,000 EUR awarded · 4,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
5 sitesAntwerpen2.160.609.672
Antwerpen2.173.936.581
Antwerpen2.198.037.717
Antwerpen2.319.030.072
Show 1 more sites
Antwerpen2.391.570.236
Similar companies · same sector, comparable size
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JERPA
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SOARY
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DE POOTZAK
BE 0773.376.446
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Of 21,908 companies in sector 56112 we hold annual accounts for 9,783. 7,902 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-03-2007
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
10712Artisanal bread and fresh pastry making
10720Manufacture of food products
47110Non-specialised retail sale with food, beverages or tobacco predominating
47113Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.