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Lean Meat Products

Active
Public limited companyfounded 196858 yrs activeKromvenlaan 18/A000, 2960 Brecht, BelgiumKBO/BCE: BE 0404.087.647
Summary

The computed 12-month bankruptcy probability of Lean Meat Products is 3.8% (moderate). The 2024 annual accounts show equity of €491,706 and a net result of €78,823. Equity is shrinking by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 27% of 481 sector peers (fiscal year 2024). The company has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
Lean Meat ProductsActiveChecked score 48/100
Risk analysis ReportCompare

Overview

Activity
Other information service activities
NACE 63920
#2 company by total assets in Brecht, Telecoms and IT sector1 site
Size
€2.3mtotal assets 2024
Staff
8.1 FTE
Equity
€491,706
Profit
€78,823
Financial health
48 Fair Checked score 2024
Bankruptcy chance 12 m
3.8%
Structure
Accounts 66 d overdue0 of 6 deeds read
Why 48- Figures for FY 2024 (filed 18-08-2025)- Liquidity: current ratio 0.77, cash €54,984- 1 change of registered office in 24 months+ Sector Computing infrastructure, data processing, hosting and other information service activities (NACE 63)Show the evidence

Checked score

Score 2024
48 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 35% of its sector peers (NACE 63, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Average
Solvency 46+4
equity 21.1% of total assets
Liquidity 26+1
short-term debt 53.7% · cash 2.4%
Profitability 73-2
return on assets 3.4%
Bankruptcy probability, 12 months
3.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (2,952 companies)
Last 24 months 11-2024: 0.4%lowest value 12-2024: 0.4%● 0.0% vs 11-2024lowest value 01-2025: 0.4%● 0.0% vs 12-2024lowest value 02-2025: 0.4%● 0.0% vs 01-2025lowest value 03-2025: 0.4%● 0.0% vs 02-2025lowest value 04-2025: 0.4%▲ +4.0% vs 03-2025 05-2025: 0.4%▲ +1.7% vs 04-2025 06-2025: 0.4%▲ +1.9% vs 05-2025 07-2025: 0.5%▲ +23.3% vs 06-2025 08-2025: 1.3%▲ +146% vs 07-2025 09-2025: 1.2%▼ -9.0% vs 08-2025 10-2025: 1.2%● 0.0% vs 09-2025 11-2025: 1.2%● 0.0% vs 10-2025 12-2025: 1.2%● 0.0% vs 11-2025 01-2026: 1.2%● 0.0% vs 12-2025 02-2026: 1.2%● 0.0% vs 01-2026 03-2026: 1.2%● 0.0% vs 02-2026 04-2026: 1.2%▲ +4.3% vs 03-2026 05-2026: 1.3%▲ +7.2% vs 04-2026 06-2026: 1.4%▲ +1.0% vs 05-2026 07-2026: 1.4%▲ +0.1% vs 06-2026 08-2026: 1.9%▲ +38.0% vs 07-2026 09-2026: 2.5%▲ +32.2% vs 08-2026 10-2026: 3.8%▲ +55.0% vs 09-2026highest value
  • Figures for FY 2024 (filed 18-08-2025) raises the probability
  • Liquidity: current ratio 0.77, cash €54,984 raises the probability
  • 1 change of registered office in 24 months raises the probability
  • Sector Computing infrastructure, data processing, hosting and other information service activities (NACE 63) lowers the probability
Credit up to €23,000 at 30 days acceptable
Liquidity short (current ratio 0.77 against 0.76 in 2023; short-term debt: 53.7% and cash: 2.4% of total assets), and 78.9% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 63, micro). Better than this share of them on solvency 25%, liquidity 11%, profitability 39%, growth against the median 64%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 18-08-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.77, cash €54,984
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
lowers risk · Sector Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €491,706
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-08-2025, 15 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
15 d late
2023
16 d early
2022
39 d early
2021
6 d early
2020
24 d early
2019
14 d 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 14 days before the deadline; the sector median for financial year 2024 is 10 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
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
  1. Annual accounts filedfiscal year 2024 · abbreviated…
  2. Annual accounts filedfiscal year 2023 · abbreviated…
  3. Back to profitnet €116,066

Key points

  • Positive: Company by total assets in Brecht, Telecoms and…in the Checked rankings #2 View
  • Caution: Accounts not fileddeadline was 31-07-2026 66 d late View
  • Active since 1968founded 01-01-1968 58 years View

By topic

Financials

Fiscal year
2024
Total assets
€2.3m
Profit
€78,823
Solvency
21.1%
Turnover▼ 0.9%
Net result
20182020
Go to Financials

Timeline

Events
12
Since
2016
  1. 15-08-2025Annual accounts filed
  2. 15-07-2024Annual accounts filed
  3. 31-12-2023Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Other information service activitiesNACE 63920
Founded
01-01-1968
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies How does this company compare with its sector?Sector benchmark

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