IMMO MEAT
ActiveSummary
IMMO MEAT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-82k) and a net result of €6k. Equity is shrinking by ~19.8% per year across the filed fiscal years. Its solvency ranks better than 10% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▲+7
Solvency5▲+1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.3 against 0.15 in 2024; short-term debt: 20.8% and cash: 2.4% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
-20.3%
Return on assets
1.5%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 14128 sector peers (2025).
NBB · sector comparisonPosition among 14128 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
2 d early
2024
3 d early
2023
7 d early
2022
on the day
2021
18 d late
2020
19 d late
2019
23 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-82k▲ 6.8%
2024 · €-88k
2019: €-10khighest in 7 years
2020: €-38k▼ -295% vs 2019
2021: €-60k▼ -59.7% vs 2020
2022: €-63k▼ -4.7% vs 2021
2023: €-81k▼ -27.5% vs 2022
2024: €-88k▼ -9.5% vs 2023lowest in 7 years
2025: €-82k▲ +6.8% vs 2024
2019 → 2025
Total assets
€406k▼ 1.5%
2024 · €412k
2019: €205klowest in 7 years
2020: €401k▲ +95.2% vs 2019
2021: €480k▲ +19.8% vs 2020highest in 7 years
2022: €444k▼ -7.5% vs 2021
2023: €428k▼ -3.5% vs 2022
2024: €412k▼ -3.7% vs 2023
2025: €406k▼ -1.5% vs 2024
2019 → 2025
Net result
€6k
2024 · €-8k
2019: €-25k
2020: €-28k▼ -13.0% vs 2019lowest in 7 years
2021: €-23k▲ +20.1% vs 2020
2022: €-3k▲ +87.3% vs 2021
2023: €-17k▼ -507% vs 2022
2024: €-8k▲ +55.9% vs 2023
2025: €6k▲ +178% vs 2024highest in 7 years
2019 → 2025
Working capital
€-59k▲ 6.5%
2024 · €-63k
2019: €-58k
2020: €-60k▼ -3.5% vs 2019
2021: €-35k▲ +41.9% vs 2020highest in 7 years
2022: €-40k▼ -14.3% vs 2021
2023: €-57k▼ -43.7% vs 2022
2024: €-63k▼ -10.2% vs 2023lowest in 7 years
2025: €-59k▲ +6.5% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-60k-€-63k▼ 4.7%€-81k▼ 27.5%€-88k▼ 9.5%€-82k▲ 6.8%
2021: €-60khighest in 5 years
2022: €-63k▼ -4.7% vs 2021
2023: €-81k▼ -27.5% vs 2022
2024: €-88k▼ -9.5% vs 2023lowest in 5 years
2025: €-82k▲ +6.8% vs 2024
Operating result€-20k-€228€-14k€-5k▲ 63.3%€7k
2021: €-20klowest in 5 years
2022: €228▲ +101% vs 2021
2023: €-14k▼ -6088% vs 2022
2024: €-5k▲ +63.3% vs 2023
2025: €7k▲ +236% vs 2024highest in 5 years
Net result€-23k-€-3k▲ 87.3%€-17k▼ 507%€-8k▲ 55.9%€6k
2021: €-23klowest in 5 years
2022: €-3k▲ +87.3% vs 2021
2023: €-17k▼ -507% vs 2022
2024: €-8k▲ +55.9% vs 2023
2025: €6k▲ +178% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €7k after a loss of €5k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €406k
Fixed assets
€381k ▼ 5.0%
Current assets
€25k ▲ 125%
Key figures and ratios
EBITDA
€27k▲
2024 · €15k
Cash flow
€26k▲
2024 · €13k
Solvency
-20.3%▲
2024 · -21.4%
Current ratio
0.30▲
2024 · 0.15
Debt to equity
-5.94▼
2024 · -5.67
ROA
1.5%▲
2024 · -1.9%
Interest coverage
11.07▲
2024 · 5.70
Debt
€488k▼
2024 · €500k
Debt ≤ 1 year
€84k▲
2024 · €74k
Debt > 1 year
€404k▼
2024 · €424k
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 · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€412k€406k▼
Fixed assets21/28€401k€381k▼
Tangible fixed assets22/27€401k€381k▼
Land and buildings22€401k€381k▼
Current assets29/58€11k€25k▲
Amounts receivable within one year40/41-€5k
Other amounts receivable41-€5k
Current investments50/53-€10k
Cash at bank and in hand54/58€11k€10k▼
Deferred charges and accrued income490/1€428€439▲
Equity and liabilities
Total equity and liabilities10/49€412k€406k▼
Equity10/15€-88k€-82k▲
Contributions10/11€25k€25k=
Outside capital11-€25k
Other1109/19-€25k
Profit (loss) carried forward14€-113k€-107k▲
Amounts payable17/49€500k€488k▼
Amounts payable after more than one year17€424k€404k▼
Financial debts170/4€424k€404k▼
Amounts payable within one year42/48€74k€84k▲
Current portion of amounts payable after more than one year42€20k€20k▲
Trade debts44€4k€499▼
Suppliers440/4€4k€499▼
Other amounts payable47/48€50k€64k▲
Accrued charges and deferred income492/3€2k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€20k=
Other operating charges640/8€750€2k▲
Gross operating margin9900€16k€29k▲
Operating profit (loss)9901€-5k€7k▲
Financial income75/76B€0€2k▲
Recurring financial income75€0€2k▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€-8k€6k▲
Profit (loss) for the period9904€-8k€6k▲
Profit (loss) for the period to be appropriated9905€-8k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-113k€-107k▲
Profit (loss) brought forward from the previous period14P€-106k€-113k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18k | €20k | €20k | €20k | €20k | = |
| Other operating charges640/8 | - | €2k | €19k | €750 | €2k | ▲ 109% |
| Gross operating margin9900 | €72 | €22k | €26k | €16k | €29k | ▲ 79.2% |
| Operating profit (loss)9901 | €-20k | €228 | €-14k | €-5k | €7k | ▲ 236% |
| Financial income75/76B | - | - | €116 | €0 | €2k | ▲ 2,016,650% |
| Recurring financial income75 | €460 | - | €116 | €0 | €2k | ▲ 2,016,650% |
| Financial charges65/66B | - | €3k | €4k | €3k | €2k | ▼ 8.5% |
| Recurring financial charges65 | €3k | €3k | €4k | €3k | €2k | ▼ 8.5% |
| Profit (loss) for the period before taxes9903 | €-23k | €-3k | €-17k | €-8k | €6k | ▲ 178% |
| Profit (loss) for the period9904 | €-23k | €-3k | €-17k | €-8k | €6k | ▲ 178% |
| Profit (loss) for the period to be appropriated9905 | €-23k | €-3k | €-17k | €-8k | €6k | ▲ 178% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €480k | €444k | €428k | €412k | €406k | ▼ 1.5% |
| Fixed assets21/28 | €459k | €441k | €421k | €401k | €381k | ▼ 5.0% |
| Tangible fixed assets22/27 | €459k | €441k | €421k | €401k | €381k | ▼ 5.0% |
| Land and buildings22 | - | €441k | €421k | €401k | €381k | ▼ 5.0% |
| Current assets29/58 | €21k | €3k | €7k | €11k | €25k | ▲ 125% |
| Amounts receivable within one year40/41 | €20k | €130 | - | - | €5k | - |
| Other amounts receivable41 | - | €130 | - | - | €5k | - |
| Current investments50/53 | - | - | - | - | €10k | - |
| Cash at bank and in hand54/58 | €1k | €2k | €7k | €11k | €10k | ▼ 8.4% |
| Deferred charges and accrued income490/1 | - | €416 | €423 | €428 | €439 | ▲ 2.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €480k | €444k | €428k | €412k | €406k | ▼ 1.5% |
| Equity10/15 | €-60k | €-63k | €-81k | €-88k | €-82k | ▲ 6.8% |
| Contributions10/11 | - | €25k | €25k | €25k | €25k | = |
| Outside capital11 | - | - | - | - | €25k | - |
| Other1109/19 | - | - | - | - | €25k | - |
| Profit (loss) carried forward14 | €-85k | €-88k | €-106k | €-113k | €-107k | ▲ 5.3% |
| Amounts payable17/49 | €540k | €507k | €509k | €500k | €488k | ▼ 2.4% |
| Amounts payable after more than one year17 | €482k | €463k | €444k | €424k | €404k | ▼ 4.7% |
| Financial debts170/4 | - | €463k | €444k | €424k | €404k | ▼ 4.7% |
| Amounts payable within one year42/48 | €56k | €42k | €64k | €74k | €84k | ▲ 13.4% |
| Current portion of amounts payable after more than one year42 | - | €19k | €20k | €20k | €20k | ▲ 0.9% |
| Trade debts44 | €32k | €11k | €10k | €4k | €499 | ▼ 88.9% |
| Suppliers440/4 | - | €11k | €10k | €4k | €499 | ▼ 88.9% |
| Other amounts payable47/48 | - | €12k | €35k | €50k | €64k | ▲ 27.5% |
| Accrued charges and deferred income492/3 | - | €2k | €800 | €2k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-23k | €-3k | €-17k | €-8k | €6k | ▲ 178% |
| + Depreciation and write-downs630 | €18k | €20k | €20k | €20k | €20k | = |
| Operating cash flow (approximation) | €-5k | €17k | €3k | €13k | €26k | ▲ 109% |
| Investment in fixed assets (approximation) | - | €-3k | €0 | €0 | €0 | - |
| Change in cash | - | €808 | €5k | €4k | €-915 | ▼ 122% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Back to profitnet €6k
Net result €6k after 6 loss-making years.
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
18-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
19-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
30-06
Financial
Weakest financial yearnet €-28k
Net result drops to €-28k, the lowest in the series; recovery starts the following year.
08-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
20-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Oudenaarde · 1 establishment unit since 2017
Ground area
579 m²
Building footprint
272 m²
Volume, LiDAR
1,503 m³
Parcel 45023A0714/00Z000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
IMMO MEAT
since 20172.265.391.646
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45023A0714/00Z000 | Flanders | 579 m² | 1 · 272 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,020 companies in sector 68203 we hold annual accounts for 5,986. 1,857 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-06-2017
Fiscal year end30-06
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
Scores and ratios are computed by Checked and are not a credit decision.