KnessMeat
ActiveKnessMeat has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-2k) and a net result of €-3k. Equity is shrinking by ~37.3% per year across the filed fiscal years. Its solvency ranks better than 19% of 11282 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability62▲+1
Solvency23▼-3
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.44 against 0.37 in 2024; short-term debt: 87.3% and cash: 16.3% of total assets), and equity is negative.
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
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
-1.5%
Return on assets
-2.4%
Age of the figures
15 mo
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
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-2k
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 07-01-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
46 d early
2023
42 d early
2022
50 d early
2021
49 d early
2020
39 d early
2019
39 d early
← before the deadline
after the deadline →
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 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-2k
2024 · €1k
2019: €54k
2020: €56k
2021: €43k
2022: €31k
2023: €9k
2024: €1k
2019 → 2025
Total assets
€122k▲ 3.2%
2024 · €119k
2019: €215k
2020: €204k
2021: €191k
2022: €173k
2023: €129k
2024: €119k
2019 → 2025
Net result
€-3k▲ 62.1%
2024 · €-8k
2019: €11k
2020: €2k
2021: €-13k
2022: €-12k
2023: €-22k
2024: €-8k
2019 → 2025
Working capital
€-60k▼ 2.8%
2024 · €-59k
2019: €-70k
2020: €-58k
2021: €-57k
2022: €-57k
2023: €-60k
2024: €-59k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€43k-€31k▼ 28.9%€9k▼ 71.1%€1k▼ 87.9%€-2k
Operating result€-7k-€2k€-15k€-4k▲ 70.7%€3k
Net result€-13k-€-12k▲ 5.4%€-22k▼ 75.2%€-8k▲ 64.3%€-3k▲ 62.1%
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: €3k after a loss of €4k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €122k
Fixed assets
€76k▼ 9.7%
Current assets
€47k▲ 34.5%
Key figures and ratios
EBITDA
€33k▲
2024 · €23k
Cash flow
€27k▲
2024 · €20k
Solvency
-1.5%▼
2024 · 0.9%
Current ratio
0.44▲
2024 · 0.37
Quick ratio
0.25▲
2024 · 0.15
Debt / equity
-66.29
ROA
-2.4%▲
2024 · -6.5%
Interest coverage
5.57▼
2024 · 14.31
Debt
€124k▲
2024 · €118k
Debt ≤ 1 year
€107k▲
2024 · €93k
Debt > 1 year
€17k▼
2024 · €24k
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€119k€122k▲
Fixed assets21/28€84k€76k▼
Tangible fixed assets22/27€84k€76k▼
Plant, machinery and equipment23€3k€5k▲
Furniture and vehicles24€81k€71k▼
Current assets29/58€35k€47k▲
Stocks and contracts in progress3€21k€20k▼
Stocks30/36€21k€20k▼
Amounts receivable within one year40/41€199€3k▲
Trade receivables40€199€1k▲
Other amounts receivable41-€1k
Cash at bank and in hand54/58€10k€20k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€119k€122k▲
Equity10/15€1k€-2k▼
Reserves13€56k€57k▲
Tax-exempt reserves132-€1k
Distributable reserves133€56k€56k=
Profit (loss) carried forward14€-55k€-59k▼
Provisions and deferred taxes16-€320
Deferred taxes168-€320
Amounts payable17/49€118k€124k▲
Amounts payable after more than one year17€24k€17k▼
Financial debts170/4€24k€17k▼
Amounts payable within one year42/48€93k€107k▲
Current portion of amounts payable after more than one year42-€15k
Financial debts43€10k-
Other loans439€10k-
Trade debts44€29k€31k▲
Suppliers440/4€29k€31k▲
Taxes, remuneration and social security45€108€1k▲
Taxes450/3€108€1k▲
Other amounts payable47/48€53k€60k▲
Accrued charges and deferred income492/3-€22
Income statement
Code20242025
Non-recurring operating income76A-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€30k▲
Other operating charges640/8€1k€660▼
Non-recurring operating charges66A-€2k
Gross operating margin9900€24k€36k▲
Operating profit (loss)9901€-4k€3k▲
Financial income75/76B-€9
Recurring financial income75-€9
Financial charges65/66B€3k€6k▲
Recurring financial charges65€2k€6k▲
Non-recurring financial charges66B€2k-
Profit (loss) for the period before taxes9903€-8k€-3k▲
Transfer from deferred taxes780-€80
Transfer to deferred taxes680-€400
Profit (loss) for the period9904€-8k€-3k▲
Transfer from tax-exempt reserves789-€320
Transfer to tax-exempt reserves689-€2k
Profit (loss) for the period to be appropriated9905€-8k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-55k€-59k▼
Profit (loss) brought forward from the previous period14P€-47k€-55k▼
The notes to these accounts (10 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
07-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
16-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Weakest financial yearnet €-22k
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
2022
12-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
13-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
23-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
11-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
13-12
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
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, Aalter · 1 establishment unit since 2008
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.
Hellestraat 239910 AalterGround area
1,747 m²
Building footprint
325 m²
Volume, LiDAR
1,362 m³
2 parcels, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KnessMeat
since 20082.168.992.749
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43010C0961/00M000 | Flanders | 1,034 m² | 1 · 206 m² | 5.8 m · 1 fl. |
| 44029D0590/00F000 | Flanders | 713 m² | 1 · 119 m² | 8.0 m · 2 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 siteMaldegem2.168.992.749
Similar companies · same sector, comparable size
VLEESHANDEL BECKERS
BE 0454.141.132
Bree · Eq €1k
PH LIQUIDE BELGIUM
BE 0448.460.692
Aalter · Eq €773
HAYETIMMO
BE 0476.511.510
Walhain · Eq €2k
DELFI
BE 0420.183.115
Gingelom · Eq €545
DAISELS VLEESCENTER
BE 0864.560.010
Moorslede · Eq €483
Of 756 companies in sector 46321 we hold annual accounts for 551. 24 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-02-2008
Fiscal year end30-06
Activities, NACEBEL
46321Wholesale of meat and meat products, excluding game and poultry
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.