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HERO MEAT

Active
Private limited companyfounded 2010active for 16 yearsOscar De Reusestraat 39D, 9040 Gent, BelgiumKBO/BCE: BE 0827.578.462
Summary

HERO MEAT has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €268,159 and a net result of €17,909. Equity is growing by about 4.9% per year across the filed financial years. Its solvency ranks better than 43% of 809 sector peers (NACE 10, financial year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Activity
Manufacture of food products
NACE 10111
1 site
Size
€786,263total assets 2024
Staff
28.4 FTE
Equity
€268,159
Profit
€17,909
Turnover not published (abbreviated format)
Financial health
67 Healthy Checked score 2024
Bankruptcy probabilitywithin 12 months
1.0%
Structure
Accounts 71 days overdue0 of 6 deeds read
Why 67raises riskFigures for financial year 2024 (filed 24-09-2025)1 financial year not filed after the legal deadline; latest accounts 53 days late; 1 of the last 3 latelowers riskFounded in 2010Size: total assets €786,263Show the evidence

Checked score

Score 2024
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 48% of its sector peers (NACE 10, micro)
Financial strength · tick = 2023
Average
Solvency 59+1
equity 34.1% of total assets
Liquidity 47-27
short-term debt 65.9% · cash 25.4%
Profitability 72+72
return on assets 2.3%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.1% (3,071 companies, NACE 10, micro)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.8%▲ +0.1 percentage points vs 03-2025 05-2025: 0.7%▼ -0.1 percentage points vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.9%▲ +0.2 percentage points vs 06-2025 08-2025: 1.3%▲ +0.4 percentage points vs 07-2025 09-2025: 1.4%▲ +0.1 percentage points vs 08-2025highest value 10-2025: 0.3%▼ -1.1 percentage points vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026lowest value 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026 08-2026: 0.6%▲ +0.2 percentage points vs 07-2026 09-2026: 0.7%▲ +0.1 percentage points vs 08-2026 10-2026: 1.0%▲ +0.3 percentage points vs 09-2026
Credit of up to €17,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.3, compared with 1.8 in 2023; short-term debt: 65.9% and cash: 25.4% of total assets), and 65.9% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 10, micro): better than 52% on solvency, 41% on liquidity, 48% on profitability and 52% on growth.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Figures for financial year 2024 (filed 24-09-2025)
NBB · annual accounts
lowers risk · Founded in 2010
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Size: total assets €786,263
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 53 days late; 1 of the last 3 late
NBB · filings
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-09-2025, 53 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
53 days late
2023
23 days late
2022
48 days early
2021
31 days early
2020
63 days early
2019
58 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 21 days before the deadline; the sector median (NACE 10) for financial year 2024 is 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · abbreviated…
  2. Back to profitnet €17,909
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Key points

  • Positive: Back in profit in 2024after -€170,783 in 2023 €17,909 View
  • Caution: Accounts not fileddeadline was 31-07-2026 71 days late View
  • Among the largest 14% on gross marginsector median €490,170 · 808 companies €1.6m View

By topic

Financials

Financial year
2024
Total assets
€786,263
Profit
€17,909
Solvency
34.1%
Total assets▲ 4.2%
Net result
20182024
Go to Financials

Timeline

Events
17
Since
2012
  1. 31-12-2023Weakest financial year
  2. 13-06-2023Annual accounts filed
  3. 30-06-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of food productsNACE 10111
Founded
06-07-2010
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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