BRUSSELS MEAT
InactiveInactive; last annual accounts for fiscal year 2019.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 6 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 23-07-2020, 8 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
8 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2019, abbreviated schema
Equity
€203k▲ 2.2%
2018 · €199k
2018: €199k
2018 → 2019
Total assets
€228k▼ 32.6%
2018 · €338k
2018: €338k
2018 → 2019
Net result
€4k▼ 93.4%
2018 · €66k
2018: €66k
2018 → 2019
Working capital
€203k▲ 2.3%
2018 · €198k
2018: €198k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Equity€199k-€203k▲ 2.2%
Operating result€64k-€5k▼ 92.9%
Net result€66k-€4k▼ 93.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2019; 2019 is 93% below 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Equity and liabilities €228k
Equity
€203k ▲ 2.2%
Debt
€25k ▼ 81.9%
Debt's share of the balance-sheet total falls from 41.3% to 11.1%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
9.03▲
2018 · 2.42
ROE
2.1%▼
2018 · 33.4%
ROA
1.9%▼
2018 · 19.6%
Debt ≤ 1 year
€25k▼
2018 · €140k
Income taxes
€93▲
2018 · €-197
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2019 against 2018 · 21 lines
Balance sheet
Code20182019
Assets
Total assets20/58€338k€228k▼
Fixed assets21/28€180€0▼
Financial fixed assets28€180€0▼
Current assets29/58€338k€228k▼
Amounts receivable within one year40/41€313k€225k▼
Cash at bank and in hand54/58€25k€3k▼
Equity and liabilities
Total equity and liabilities10/49€338k€228k▼
Equity10/15€199k€203k▲
Contributions10/11€108k€108k=
Reserves13€91k€95k▲
Amounts payable17/49€140k€25k▼
Amounts payable within one year42/48€140k€25k▼
Trade debts44€3k€25k▲
Income statement
Code20182019
Gross operating margin9900€268k€11k▼
Operating profit (loss)9901€64k€5k▼
Recurring financial income75€2k€655▼
Recurring financial charges65€149€724▲
Profit (loss) for the period before taxes9903€66k€4k▼
Income taxes67/77€-197€93▲
Profit (loss) for the period9904€66k€4k▼
Profit (loss) for the period to be appropriated9905€66k€4k▼
Timeline · acts, filings and financial milestones
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
29-06
State Gazette act
Merger · Capital
Corporate purpose · Net-asset statement · Frank De Raedt
2019
31-12
Financial
Liquidity quadruplescurrent ratio 9.03
Current ratio from 2.42 to 9.03; short-term debt falls from €140k to €25k.
31-12
Financial
Equity above €200kEq €203k ▲2.2%
2 profitable years in a row build equity to €203k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 22 days late
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
16-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Acquisitions and mergers
1 transactionTaken over by:Q-GROUP