DL MEAT
ActiveDL MEAT has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €644k and a net result of €85k. Equity is growing by ~28.4% per year across the filed fiscal years. Its solvency ranks better than 23% of 7921 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
63
/ 100
Healthy▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▼-34
Solvency23▲+1
Growth52=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity tight (current ratio 1.02 against 1.02 in 2024), and 82.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
17.8%
Return on assets
2.3%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 7921 sector peers (2025).
NBB · sector comparisonPosition among 7921 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
5 d late
2024
29 d late
2023
23 d late
2022
16 d early
2021
24 d early
2020
44 d early
2019
20 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€644k▲ 15.2%
2024 · €559k
2018: €46k
2019: €215k
2020: €243k
2021: €268k
2022: €271k
2023: €355k
2024: €559k
2018 → 2025
Total assets
€3.62M▲ 5.2%
2024 · €3.44M
2018: €3.29M
2019: €3.27M
2020: €3.14M
2021: €3.08M
2022: €3.52M
2023: €3.14M
2024: €3.44M
2018 → 2025
Net result
€85k▼ 58.4%
2024 · €204k
2018: €240k
2019: €169k
2020: €29k
2021: €25k
2022: €3k
2023: €84k
2024: €204k
2018 → 2025
Working capital
€46k▼ 5.3%
2024 · €49k
2018: €-542k
2019: €-381k
2020: €-307k
2021: €-242k
2022: €-208k
2023: €-25k
2024: €49k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€268k-€271k▲ 1.0%€355k▲ 31.1%€559k▲ 57.4%€644k▲ 15.2%
Operating result€34k-€17k▼ 51.4%€105k▲ 528%€223k▲ 112%€118k▼ 47.2%
Net result€25k-€3k▼ 89.3%€84k▲ 3,036%€204k▲ 142%€85k▼ 58.4%
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 2025; 2025 is 47% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.62M
Fixed assets
€772k▲ 13.2%
Current assets
€2.85M▲ 3.2%
Equity and liabilities €3.62M
Equity
€644k▲ 15.2%
Debt
€2.98M▲ 3.3%
The debt ratio falls from 83.8% to 82.2%: equity grows faster than debt.
Key figures and ratios
EBITDA
€201k▼
2024 · €304k
Cash flow
€168k▼
2024 · €285k
Solvency
17.8%▲
2024 · 16.2%
Current ratio
1.02▼
2024 · 1.02
Quick ratio
0.71▼
2024 · 0.75
Debt / equity
4.63▼
2024 · 5.16
ROE
13.2%▼
2024 · 36.5%
ROA
2.3%▼
2024 · 5.9%
Interest coverage
6.06▼
2024 · 14.49
Debt
€2.98M▲
2024 · €2.89M
Debt ≤ 1 year
€2.81M▲
2024 · €2.71M
Debt > 1 year
€174k▲
2024 · €171k
Staff costs
€482k▲
2024 · €400k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.44M€3.62M▲
Fixed assets21/28€682k€772k▲
Tangible fixed assets22/27€682k€772k▲
Land and buildings22€524k€662k▲
Plant, machinery and equipment23€40k€31k▼
Furniture and vehicles24€57k€45k▼
Leasing and similar rights25€60k€34k▼
Current assets29/58€2.76M€2.85M▲
Stocks and contracts in progress3€729k€849k▲
Stocks30/36€729k€849k▲
Amounts receivable within one year40/41€1.66M€1.84M▲
Trade receivables40€1.61M€1.83M▲
Other amounts receivable41€48k€9k▼
Cash at bank and in hand54/58€372k€160k▼
Deferred charges and accrued income490/1€59-
Equity and liabilities
Total equity and liabilities10/49€3.44M€3.62M▲
Equity10/15€559k€644k▲
Contributions10/11€525k€525k=
Reserves13€50k€50k=
Distributable reserves133€50k€50k=
Profit (loss) carried forward14€-15k€69k▲
Amounts payable17/49€2.89M€2.98M▲
Amounts payable after more than one year17€171k€174k▲
Financial debts170/4€171k€174k▲
Amounts payable within one year42/48€2.71M€2.81M▲
Current portion of amounts payable after more than one year42€120k€149k▲
Financial debts43€100k€200k▲
Credit institutions430/8-€200k
Other loans439€100k-
Trade debts44€839k€793k▼
Suppliers440/4€839k€793k▼
Taxes, remuneration and social security45€49k€72k▲
Taxes450/3-€580
Remuneration and social security454/9€49k€72k▲
Other amounts payable47/48€1.61M€1.59M▼
Accrued charges and deferred income492/3-€206
Income statement
Code20242025
Non-recurring operating income76A€11k€0▼
Remuneration, social security and pensions62€400k€482k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€81k€83k▲
Other operating charges640/8€24k€31k▲
Non-recurring operating charges66A€46k€0▼
Gross operating margin9900€774k€714k▼
Operating profit (loss)9901€223k€118k▼
Financial income75/76B€2k€115▼
Recurring financial income75€2k€115▼
Financial charges65/66B€21k€33k▲
Recurring financial charges65€21k€33k▲
Profit (loss) for the period before taxes9903€204k€85k▼
Profit (loss) for the period9904€204k€85k▼
Profit (loss) for the period to be appropriated9905€204k€85k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€69k▲
Profit (loss) brought forward from the previous period14P€-219k€-15k▲
Social balance
Average headcount (FTE)90877.58.8▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 5 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Equity above €500kEq €559k ▲57.4%
7 profitable years in a row build equity to €559k.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 23 days late
2023
15-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €3k ▼89.3%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 20 days late
2019
31-12
Financial
Equity above €200kEq €215k ▲371%
2 profitable years in a row build equity to €215k.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Blankenberge · 1 establishment unit since 1996
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.
Schaapstraat 978370 BlankenbergeGround area
4,673 m²
Building footprint
1,176 m²
Volume, LiDAR
8,740 m³
Parcel 31034B0557/00D000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DL MEAT BVBA
since 19962.075.787.825
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31034B0557/00D000 | Flanders | 4,673 m² | 1 · 1,176 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 · 3 entries · 5,475 EUR awarded · 5,046 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,518 EUR | 2,046 EUR |
| 2024 | 1 | 957 EUR | 0 EUR |
| 2023 | 1 | 3,000 EUR | 3,000 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteBlankenberge2.075.787.825
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Of 751 companies in sector 46321 we hold annual accounts for 548. 417 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-12-1995
Fiscal year end31-12
Activities, NACEBEL
46321Wholesale of meat and meat products, excluding game and poultry
51321
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.