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Checked.be
Complete company report
Generated 28-06-2026
Active BE 0835.436.749Private limited companyOpen bankruptcy

BACO-MEAT GROUP

· 15 yrs active
Conclusion Checked

A bankruptcy procedure is open for BACO-MEAT GROUP according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €123k and a net result of €22k.

Based on the State Gazette, CBE and 5 annual accounts.
Key figures
Equity €123k
Net result €22k
Staff (FTE) 16.3
Active 15 yrs
Snowflake analysis 5 axes · computed by Checked
Health26Profitability90Solvency74Growth78Stability0
54 / 100

Mixed profile: strong on profitability, weaker on stability.

Health 26
Profitability 90
Solvency 74
Growth 78
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
53 / 100
High risk
Components
· Open bankruptcy (+50)
· 1 administrative flag (+3)
Trust signals 1 signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 1 events
Address struck
Health barometer FY 2023 · computed
26 / 100 Weak
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 18-12-2023 with the NBB · fiscal year 2023 · micro
€0€20k€40k€60kOperating result 2019: €6k€6kNet result 2019: €10k€10kOperating result 2020: €20k€20kNet result 2020: €23k€23kOperating result 2021: €33k€33kNet result 2021: €28k€28kOperating result 2022: €58k€58kNet result 2022: €36k€36kOperating result 2023: €39k€39kNet result 2023: €22k€22k20192020202120222023
Operating resultNet result
EBITDA
€45k
-29.5% 19–23
Net profit
€22k
-38.4% 19–23
Cash flow
€28k
-31.9% 19–23
Total assets
€316k
+12.7% 19–23
Equity
€123k
+21.8% 19–23
Working capital
€117k
+32.0% 19–23
Employees (FTE)
16
+7.2% 19–23
Staff costs
€558k
+1.5% 19–23
Income taxes
€14k
-29.8% 19–23
Debt
€193k
+7.6% 19–23
Debt ≤ 1y
€191k
+7.6% 19–23
Current ratio
1.61
+7.6% 19–23
Quick ratio
1.61
+7.6% 19–23
Solvency
39.1%
+8.1% 19–23
Debt / equity
1.56
-11.7% 19–23
ROE
17.9%
-49.5% 19–23
ROA
7.0%
-45.4% 19–23
Interest coverage
20.46
-48.7% 19–23
Figures by fiscal year
Fiscal year2023
Revenue—
EBITDA€45k
Net profit€22k
Cash flow€28k
Staff costs€558k
Income taxes€14k
Dividends—
Total assets€316k
Equity€123k
Debt€193k
of which ≤ 1y€191k
of which > 1y—
Working capital€117k
Employees (FTE)16.3
Ratios (computed)
2023
Current ratio1.61
Quick ratio1.61
Working capital ratio37.1%
Solvency39.1%
Debt / equity1.56
Long-term debt ratio—
Interest coverage20.46
Gross margin—
Net margin—
ROA7.0%
ROE17.9%
EBITDA margin—
Days sales outstanding—
Days payable outstanding—
Inventory turnover—
Days inventory (DSI)—
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet — Assets
TOTAL ASSETS 20/58€316k
Fixed assets 21/28€8k
Tangible fixed assets 22/27€8k
Current assets 29/58€308k
Amounts receivable within one year 40/41€296k
Cash & bank 54/58€12k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€316k
Equity 10/15€123k
Contributions / capital 10/11€12k
Reserves 13€106k
Accumulated profits (losses) 14€5k
Amounts payable 17/49€193k
Amounts payable within one year 42/48€191k
Trade debts payable within one year 44€19k
Income statement
Gross operating margin 9900€606k
Operating result 9901€39k
Financial charges 65€2k
Result before taxes 9903€36k
Income taxes 67/77€14k
Net result for the period 9904€22k
Result to be appropriated 9905€22k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates1 person
Role Name Tenure Source
Curator PATRICIA VANDENBERGE
BURGEMEESTER EDMOND RONSESTRAAT 4, 9820 05 MELSEN
 20-05-2025 → present Belgian State Gazette
Legal Structure
NACE primary —
Legal form Private limited company(610)
Incorporation12-04-2011
StatusActive
Postal code—
First BS signal 26-05-2025
Latest BS signal 26-05-2025
Company structure — linked entities1 linked entities
BACO-MEAT GROUPBE 0835.436.749PATRICIA VANDENBERGEReceiver ↔ 62ZEMINXOEDASEIN
Mandates
↔ 1 of these mandate-holders are active on other cases — click any red card to open that KBO.
Establishment units 1 location
BACO-MEAT GROUP
Antwerpsesteenweg 911, 9041 GentVerwerking en conservering van vlees, exclusief vlees van gevogelte
since 20112.200.724.023
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.

Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
52034B0317/00D008indicative Wallonia 676 m² 1 · 160 m² 9.7 m · 1 fl.
44051B1156/00L000 Flanders 412 m² 1 · 71 m² 6.1 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data — this is not proof of ownership.
Updates 21 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
26-05-2025
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · BACO-MEAT GROUP BV ANTWERPSESTEENWEG 911, 9041 OOSTAKKER · event 20-05-2025
11-04-2025
KBO administration Address strikeout main
Rue de Varsovie 122 Die Sitzadresse Rue de Varsovie 122 6040 Charleroi · event 05-02-2025
11-04-2025
KBO administration Address strikeout main
Rue de Varsovie 122 Die Sitzadresse Rue de Varsovie 122 6040 Charleroi
2024
21-11-2024
State Gazette act Director changes
21-11-2024
State Gazette act Capital & shares
21-11-2024
State Gazette act Registered-office change
03-10-2024
State Gazette act Registered-office change
05-09-2024
State Gazette act Director changes
05-09-2024
State Gazette act Capital & shares
05-09-2024
State Gazette act Registered-office change
14-05-2024
State Gazette act Capital & shares
2023
18-12-2023
NBB filing Annual accounts filed
fiscal year 2023 · micro
2022
15-12-2022
NBB filing Annual accounts filed
fiscal year 2022 · micro
2021
13-12-2021
NBB filing Annual accounts filed
fiscal year 2021 · micro
2020
24-12-2020
NBB filing Annual accounts filed
fiscal year 2020 · micro
2019
27-12-2019
NBB filing Annual accounts filed
fiscal year 2019 · micro
2018
27-12-2018
NBB filing Annual accounts filed
fiscal year 2018 · micro
2017
14-12-2017
NBB filing Annual accounts filed
fiscal year 2017 · verkort
2016
28-12-2016
NBB filing Annual accounts filed
fiscal year 2016 · verkort
2015
10-12-2015
NBB filing Annual accounts filed
fiscal year 2015 · verkort
10-02-2015
NBB filing Annual accounts filed
fiscal year 2014 · verkort
Lifecycle & Insolvency Signals 2 events
26-05-2025
Bankruptcy Opening
Date: 20-05-2025 · Ondernemingsrechtbank Gent, afdeling Gent · BACO-MEAT GROUP BV ANTWERPSESTEENWEG 911, 9041 OOSTAKKER · Publications in State Gazette ↗
11-04-2025
KBO administration Address strikeout main
Date: 05-02-2025 · Rue de Varsovie 122 Die Sitzadresse Rue de Varsovie 122 6040 Charleroi · Publications in State Gazette ↗
Time machine — BS events + macro context 2021 — 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-04-11 · KBO administration · Address strikeout main2025-05-26 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023–2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad — acts 8 acts
Capital history · 3
21-11-2024
Capital change
05-09-2024
Capital change
14-05-2024
Capital change
Address history · 3
21-11-2024
Registered-office move
03-10-2024
Registered-office move
05-09-2024
Registered-office move
All acts · 8 updated 1 year ago
2024
21-11-2024 1 director appointed, 1 resigning Director changes
  • Iliev Panko Krastev — Bestuurder
  • Ahmedov Hashim — Bestuurder
Technical details 
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      },
      "reason": "de_plein_droit_dissolution",
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2024-10-29",
      "evidence_quote": "De vergadering neemt kennis van het ontslag van Mr. Ahmedov Hashim als bestuurder en dit met ingang vanaf 29/10/2024",
      "decharge_status": "granted",
      "mandate_duration": null,
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      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "director_in",
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      "effective_date": "2024-10-29",
      "evidence_quote": "De vergadering besluit met eenparigheid van stemmen over te gaan tot de benoeming van Mr. Iliev Panko Krastev, als bestuurder van de vennootschap en dit met ingang vanaf 29/10/2024.",
      "decharge_status": null,
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    {
      "kind": "board_snapshot",
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    {
      "kind": "board_snapshot",
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    },
    {
      "kind": "decharge_granted",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Ahmedov Hashim",
        "address": null,
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      },
      "reason": null,
      "subkind": "regular",
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      "effective_date": null,
      "evidence_quote": "Hem wordt kwijting verleend voor de duur van zijn mandaat.",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
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    },
    {
      "kind": "substantive_delegation",
      "role": "bestuurder",
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      "rep_rotation_new_rep": null,
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      "effective_date_qualifier": null
    },
    {
      "kind": "substantive_delegation",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Iliev Panko Krastev",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
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      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
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    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2024-11-07",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "bijzondere_algemene_vergadering",
      "date": "2024-10-29",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0835.436.749",
    "name_full": "BACO-MEAT GROUP",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
21-11-2024 All shares are now held by a single shareholder Capital & shares
Technical details 
{
  "events": [
    {
      "kind": "eenhoofdigheid_declaration",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Ahmedov Hashim",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 0,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Iliev Panko Krastev",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 100,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
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      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
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      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "share_class_creation",
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      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Gent",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2024-11-07",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "act_date": "2024-10-29",
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2024-10-29"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0835.436.749",
    "name_full": "BACO-MEAT GROUP",
    "legal_form": "Besoloten vennootschap",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
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  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": 0.0,
      "kind": "person",
      "name": "Ahmedov Hashim",
      "role": "Ontslagnemende bestuurder",
      "n_shares": 0,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": 100.0,
      "kind": "person",
      "name": "Iliev Panko Krastev",
      "role": "Bestuurder",
      "n_shares": 100,
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    }
  ],
  "share_classes_after": []
}
21-11-2024 Registered office moved from Gent to Charleroi Registered-office change
  • Antwerpsesteenweg 911, 9041 Gent → Rue de Varsovie 122; 6040 Charleroi
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Rue de Varsovie 122; 6040 Charleroi",
        "city": "Charleroi",
        "region": "waals_gewest",
        "street": "Rue de Varsovie",
        "country": "BE",
        "postcode": "6040",
        "box_number": null,
        "street_number": "122",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Antwerpsesteenweg 911, 9041 Gent",
        "city": "Gent",
        "region": "vlaams_gewest",
        "street": "Antwerpsesteenweg",
        "country": "BE",
        "postcode": "9041",
        "box_number": null,
        "street_number": "911",
        "locality_suffix": null
      },
      "effective_date": "2024-10-29",
      "evidence_quote": "",
      "region_changed": true,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "immediate",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": true,
      "court_jurisdiction_changed": true,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
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    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2024-11-07",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "date": "2024-10-29",
    "unanimous": true
  },
  "subject_company": {
    "kbo": "0835.436.749",
    "name_full": "BACO-MEAT GROUP",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "org",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "Bijlagen bi het Belgis Mod DOC 19.01",
    "Voorbehouden aan het Belgisch Staatsblad Luik B"
  ]
}
03-10-2024 Registered office moved from Mariakerke to Oostakker Registered-office change
  • Rooiegemlaan 585, 9030 Mariakerke → Antwerpsesteenweg 911, 9041 Oostakker
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Antwerpsesteenweg 911, 9041 Oostakker",
        "city": "Oostakker",
        "region": "vlaams_gewest",
        "street": "Antwerpsesteenweg",
        "country": "BE",
        "postcode": "9041",
        "box_number": null,
        "street_number": "911",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Rooiegemlaan 585, 9030 Mariakerke",
        "city": "Mariakerke",
        "region": "vlaams_gewest",
        "street": "Rooiegemlaan",
        "country": "BE",
        "postcode": "9030",
        "box_number": null,
        "street_number": "585",
        "locality_suffix": null
      },
      "effective_date": null,
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": null,
      "statutaire_vs_werkelijke": null,
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
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05-09-2024 1 director appointed, 1 resigning Director changes
  • Ahmeodv Hashim Ruzhdiev — Directeur
  • Zvezdolinov Manol — Directeur
Technical details 
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05-09-2024 All shares are now held by a single shareholder Capital & shares
Technical details 
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05-09-2024 Registered office moved from Evergem to Gent Registered-office change
  • Asschout 16 b7, 9940 Evergem → De Rooiegemlaan 585 9000 Gent
Technical details 
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14-05-2024 Transaction in capital or shares Capital & shares
Technical details 
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameNL BACO-MEAT GROUP
Registration history
  1. 05-02-2025 Address strikeout main
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative