HELLO MEAT
ActiveHELLO MEAT has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €59k and a net result of €3k. Equity is growing by ~24.3% per year across the filed fiscal years. Its solvency ranks better than 53% of 15868 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
69
/ 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
Profitability71▼-12
Solvency68▼-12
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 1.55 against 2.07 in 2023; short-term debt: 57.2% and cash: 56.4% of total assets), but 57.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
42.8%
Return on assets
2.1%
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 24-06-2025, 37 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
54 d early
2022
62 d early
2021
47 d early
2020
60 d early
2019
46 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€59k▼ 7.8%
2023 · €64k
2018: €16k
2019: €27k
2020: €25k
2021: €30k
2022: €50k
2023: €64k
2018 → 2024
Total assets
€138k▲ 18.8%
2023 · €116k
2018: €74k
2019: €99k
2020: €104k
2021: €71k
2022: €97k
2023: €116k
2018 → 2024
Net result
€3k▼ 78.7%
2023 · €14k
2018: €9k
2019: €11k
2020: €-2k
2021: €5k
2022: €20k
2023: €14k
2018 → 2024
Working capital
€43k▼ 21.4%
2023 · €55k
2018: €-1k
2019: €9k
2020: €4k
2021: €14k
2022: €35k
2023: €55k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€25k-€30k▲ 22.1%€50k▲ 67.1%€64k▲ 27.1%€59k▼ 7.8%
Operating result€-1k-€8k€31k▲ 298%€21k▼ 30.4%€5k▼ 76.6%
Net result€-2k-€5k€20k▲ 270%€14k▼ 32.6%€3k▼ 78.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 77% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €138k
Fixed assets
€16k▲ 60.4%
Current assets
€122k▲ 15.0%
Equity and liabilities €138k
Equity
€59k▼ 7.8%
Debt
€79k▲ 51.6%
The debt ratio rises from 44.9% to 57.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€10k▼
2023 · €27k
Cash flow
€8k▼
2023 · €19k
Solvency
42.8%▼
2023 · 55.1%
Current ratio
1.55▼
2023 · 2.07
Quick ratio
1.47▼
2023 · 2.01
Debt / equity
1.34▲
2023 · 0.81
ROE
4.9%▼
2023 · 21.3%
ROA
2.1%▼
2023 · 11.7%
Interest coverage
11.44▼
2023 · 21.52
Debt
€79k▲
2023 · €52k
Debt ≤ 1 year
€79k▲
2023 · €51k
Income taxes
€2k▼
2023 · €7k
Staff costs
€53k▼
2023 · €53k
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€116k€138k▲
Fixed assets21/28€10k€16k▲
Tangible fixed assets22/27€10k€13k▲
Plant, machinery and equipment23€10k€6k▼
Furniture and vehicles24-€7k
Financial fixed assets28-€3k
Current assets29/58€106k€122k▲
Stocks and contracts in progress3€3k€6k▲
Stocks30/36€3k€6k▲
Amounts receivable within one year40/41€5k€38k▲
Trade receivables40€4k€30k▲
Other amounts receivable41€1k€7k▲
Cash at bank and in hand54/58€98k€78k▼
Deferred charges and accrued income490/1€319€750▲
Equity and liabilities
Total equity and liabilities10/49€116k€138k▲
Equity10/15€64k€59k▼
Contributions10/11€6k€6k=
Reserves13€54k€49k▼
Distributable reserves133€54k€49k▼
Profit (loss) carried forward14€4k€4k▲
Amounts payable17/49€52k€79k▲
Amounts payable after more than one year17€850-
Financial debts170/4€850-
Amounts payable within one year42/48€51k€79k▲
Current portion of amounts payable after more than one year42€3k€850▼
Financial debts43€3k€3k▲
Credit institutions430/8€3k€3k▲
Trade debts44€24k€59k▲
Suppliers440/4€24k€59k▲
Taxes, remuneration and social security45€9k€5k▼
Taxes450/3€3k-
Remuneration and social security454/9€6k€5k▼
Other amounts payable47/48€13k€11k▼
Income statement
Code20232024
Remuneration, social security and pensions62€53k€53k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▼
Other operating charges640/8€90€145▲
Gross operating margin9900€80k€63k▼
Operating profit (loss)9901€21k€5k▼
Financial income75/76B€125€361▲
Recurring financial income75€125€361▲
Financial charges65/66B€1k€903▼
Recurring financial charges65€1k€888▼
Non-recurring financial charges66B-€15
Profit (loss) for the period before taxes9903€20k€4k▼
Income taxes67/77€7k€2k▼
Profit (loss) for the period9904€14k€3k▼
Profit (loss) for the period to be appropriated9905€14k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€6k▼
Profit (loss) brought forward from the previous period14P€3k€4k▲
Transfer from equity791/2-€8k
Transfer to equity691/2€14k€3k▼
To other reserves6921€14k€3k▼
Profit to be distributed694/7-€8k
Return on contributions (dividend)694-€8k
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
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €20k ▲270%
Operating result €31k, net result €20k, both a record.
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-2k ▼121%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro 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, Merchtem · 1 establishment unit since 2016
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.
Stoofstraat 401785 MerchtemGround area
7,338 m²
Building footprint
3,665 m²
Volume, LiDAR
17,562 m³
2 parcels, Flanders · tallest building 16.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Brusselsesteenweg 157, 1785 Merchtem
since 20162.259.208.588
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23602I0076/00Y000 | Flanders | 6,105 m² | 1 · 3,412 m² | 7.1 m · 1 fl. |
| 23602H0149/00K000 | Flanders | 1,233 m² | 1 · 253 m² | 16.3 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteMerchtem2.259.208.588
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Of 756 companies in sector 46321 we hold annual accounts for 551. 279 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-12-2016
Fiscal year end31-12
Activities, NACEBEL
46321Wholesale of meat and meat products, excluding game and poultry
56210Event catering
46322Wholesale trade
47221Retail sale of meat and meat products, excluding game and poultry
47222Retail trade
47279Other retail sale of food
47299Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.