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IMMO MEAT

Active
Private limited companyfounded 20179 yrs activeSchaatsputte 9, 9700 Oudenaarde, BelgiumKBO/BCE: BE 0677.518.868
Summary

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 2025
Solvency, 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 comparison
Position 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 filings
Deviation 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 months
Position in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

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
€-30k€-20k€-10k€0€10kOperating result 2021: €-20k€-20kNet result 2021: €-23k€-23kOperating result 2022: €228€228Net result 2022: €-3k€-3kOperating result 2023: €-14k€-14kNet result 2023: €-17k€-17kOperating result 2024: €-5k€-5kNet result 2024: €-8k€-8kOperating result 2025: €7k€7kNet result 2025: €6k€6k20212022202320242025€-20k€-10k€0€10kOperating result 2023: €-14k€-14kNet result 2023: €-17k€-17kOperating result 2024: €-5k€-5kNet result 2024: €-8k€-7.7kOperating result 2025: €7k€6.8kNet result 2025: €6k€6k202320242025
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
2025 value · change against 2024
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
Line20212022202320242025Change
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%
Line20212022202320242025Change
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--
Line20212022202320242025Change
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.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
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
seat establishment The establishment unit on the map
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
Schaatsputte 9, 9700 OudenaardeReal estate activities
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.

Similar companies · same sector, comparable size

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.