LOVEMEAT
ActiveSummary
LOVEMEAT has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51k and a net result of €49k. Equity is growing by ~27.1% per year across the filed fiscal years. Its solvency ranks better than 79% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+5
Solvency100=
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 4.46 against 14.92 in 2024; short-term debt: 22% and cash: 70.6% of total assets), and 22% of the assets are financed with debt.
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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
78%
Return on assets
74.2%
Age of the figures
9 mo
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
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-03-2026, 130 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
130 d early
2024
42 d early
2023
44 d early
2022
28 d early
2021
34 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€51k▼ 63.9%
2024 · €142k
2021: €54k
2022: €89k▲ +62.5% vs 2021
2023: €120k▲ +35.7% vs 2022
2024: €142k▲ +17.8% vs 2023highest in 5 years
2025: €51k▼ -63.9% vs 2024lowest in 5 years
2021 → 2025
Total assets
€66k▼ 56.8%
2024 · €152k
2021: €62klowest in 5 years
2022: €99k▲ +60.6% vs 2021
2023: €135k▲ +36.5% vs 2022
2024: €152k▲ +12.1% vs 2023highest in 5 years
2025: €66k▼ -56.8% vs 2024
2021 → 2025
Net result
€49k▲ 54.8%
2024 · €31k
2021: €52khighest in 5 years
2022: €34k▼ -34.5% vs 2021
2023: €32k▼ -7.1% vs 2022
2024: €31k▼ -0.7% vs 2023lowest in 5 years
2025: €49k▲ +54.8% vs 2024
2021 → 2025
Working capital
€50k▼ 64.2%
2024 · €139k
2021: €52k
2022: €85k▲ +62.4% vs 2021
2023: €117k▲ +37.3% vs 2022
2024: €139k▲ +19.5% vs 2023highest in 5 years
2025: €50k▼ -64.2% vs 2024lowest in 5 years
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€54k-€89k▲ 62.5%€120k▲ 35.7%€142k▲ 17.8%€51k▼ 63.9%
2021: €54k
2022: €89k▲ +62.5% vs 2021
2023: €120k▲ +35.7% vs 2022
2024: €142k▲ +17.8% vs 2023highest in 5 years
2025: €51k▼ -63.9% vs 2024lowest in 5 years
Operating result€65k-€43k▼ 33.7%€42k▼ 1.9%€41k▼ 2.7%€63k▲ 51.8%
2021: €65khighest in 5 years
2022: €43k▼ -33.7% vs 2021
2023: €42k▼ -1.9% vs 2022
2024: €41k▼ -2.7% vs 2023lowest in 5 years
2025: €63k▲ +51.8% vs 2024
Net result€52k-€34k▼ 34.5%€32k▼ 7.1%€31k▼ 0.7%€49k▲ 54.8%
2021: €52khighest in 5 years
2022: €34k▼ -34.5% vs 2021
2023: €32k▼ -7.1% vs 2022
2024: €31k▼ -0.7% vs 2023lowest in 5 years
2025: €49k▲ +54.8% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 52% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €66k
Fixed assets
€1k ▼ 44.1%
Current assets
€64k ▼ 57.0%
Equity and liabilities €66k
Equity
€51k ▼ 63.9%
Debt
€14k ▲ 43.9%
Debt's share of the balance-sheet total rises from 6.6% to 22.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€64k▲
2024 · €42k
Cash flow
€50k▲
2024 · €33k
Current ratio
4.46▼
2024 · 14.92
Debt to equity
0.28▲
2024 · 0.07
ROE
95.1%▲
2024 · 22.2%
ROA
74.2%▲
2024 · 20.7%
Interest coverage
27.62▲
2024 · 16.89
Debt ≤ 1 year
€14k▲
2024 · €10k
Income taxes
€13k▲
2024 · €8k
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 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€152k€66k▼
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Plant, machinery and equipment23€1k€927▼
Furniture and vehicles24€637€104▼
Financial fixed assets28€250€250=
Current assets29/58€149k€64k▼
Amounts receivable within one year40/41€13k€17k▲
Trade receivables40€11k€15k▲
Other amounts receivable41€2k€2k=
Cash at bank and in hand54/58€136k€46k▼
Deferred charges and accrued income490/1€661€617▼
Equity and liabilities
Total equity and liabilities10/49€152k€66k▼
Equity10/15€142k€51k▼
Contributions10/11€3k€3k=
Reserves13€139k€49k▼
Distributable reserves133€139k€49k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€10k€14k▲
Amounts payable within one year42/48€10k€14k▲
Trade debts44€1k€185▼
Suppliers440/4€1k€185▼
Taxes, remuneration and social security45€7k€14k▲
Taxes450/3€7k€14k▲
Other amounts payable47/48€2k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Other operating charges640/8€722€735▲
Non-recurring operating charges66A€0-
Gross operating margin9900€43k€64k▲
Operating profit (loss)9901€41k€63k▲
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€40k€61k▲
Income taxes67/77€8k€13k▲
Profit (loss) for the period9904€31k€49k▲
Profit (loss) for the period to be appropriated9905€31k€49k▲
Appropriation of the result
Profit (loss) to be appropriated9906€31k€49k▲
Transfer from equity791/2€10k€139k▲
Transfer to equity691/2€31k€49k▲
To other reserves6921€31k€49k▲
Profit to be distributed694/7€10k€139k▲
Return on contributions (dividend)694€10k€139k▲
The notes to these accounts (10 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 | €541 | €954 | €1k | €1k | €1k | ▼ 22.3% |
| Other operating charges640/8 | €431 | €159 | €715 | €722 | €735 | ▲ 1.8% |
| Non-recurring operating charges66A | - | - | €584 | €0 | - | - |
| Gross operating margin9900 | €66k | €44k | €45k | €43k | €64k | ▲ 48.7% |
| Operating profit (loss)9901 | €65k | €43k | €42k | €41k | €63k | ▲ 51.8% |
| Financial income75/76B | - | - | - | €1k | €1k | ▲ 1.4% |
| Recurring financial income75 | - | - | - | €1k | €1k | ▲ 1.4% |
| Financial charges65/66B | €5 | €663 | €2k | €3k | €2k | ▼ 8.5% |
| Recurring financial charges65 | €5 | €663 | €2k | €3k | €2k | ▼ 8.5% |
| Profit (loss) for the period before taxes9903 | €65k | €42k | €40k | €40k | €61k | ▲ 54.4% |
| Income taxes67/77 | €13k | €8k | €9k | €8k | €13k | ▲ 52.8% |
| Profit (loss) for the period9904 | €52k | €34k | €32k | €31k | €49k | ▲ 54.8% |
| Profit (loss) for the period to be appropriated9905 | €52k | €34k | €32k | €31k | €49k | ▲ 54.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €62k | €99k | €135k | €152k | €66k | ▼ 56.8% |
| Fixed assets21/28 | €2k | €4k | €4k | €2k | €1k | ▼ 44.1% |
| Tangible fixed assets22/27 | €2k | €4k | €3k | €2k | €1k | ▼ 49.6% |
| Plant, machinery and equipment23 | - | €2k | €2k | €1k | €927 | ▼ 34.1% |
| Furniture and vehicles24 | €2k | €1k | €1k | €637 | €104 | ▼ 83.7% |
| Financial fixed assets28 | - | - | €250 | €250 | €250 | = |
| Current assets29/58 | €59k | €95k | €132k | €149k | €64k | ▼ 57.0% |
| Amounts receivable within one year40/41 | €17k | €20k | €11k | €13k | €17k | ▲ 37.2% |
| Trade receivables40 | €15k | €14k | €11k | €11k | €15k | ▲ 44.3% |
| Other amounts receivable41 | €2k | €6k | €0 | €2k | €2k | = |
| Cash at bank and in hand54/58 | €43k | €75k | €120k | €136k | €46k | ▼ 66.0% |
| Deferred charges and accrued income490/1 | €94 | €224 | €591 | €661 | €617 | ▼ 6.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €62k | €99k | €135k | €152k | €66k | ▼ 56.8% |
| Equity10/15 | €54k | €89k | €120k | €142k | €51k | ▼ 63.9% |
| Contributions10/11 | €3k | €3k | €3k | €3k | €3k | = |
| Reserves13 | €52k | €86k | €118k | €139k | €49k | ▼ 65.0% |
| Distributable reserves133 | €52k | €86k | €118k | €139k | €49k | ▼ 65.0% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €7k | €11k | €15k | €10k | €14k | ▲ 43.9% |
| Amounts payable within one year42/48 | €7k | €11k | €15k | €10k | €14k | ▲ 43.9% |
| Trade debts44 | €303 | €1k | €123 | €1k | €185 | ▼ 84.2% |
| Suppliers440/4 | €303 | €1k | €123 | €1k | €185 | ▼ 84.2% |
| Taxes, remuneration and social security45 | €7k | €8k | €13k | €7k | €14k | ▲ 102% |
| Taxes450/3 | €7k | €8k | €13k | €7k | €14k | ▲ 102% |
| Other amounts payable47/48 | €291 | €1k | €2k | €2k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €52k | €34k | €32k | €31k | €49k | ▲ 54.8% |
| + Depreciation and write-downs630 | €541 | €954 | €1k | €1k | €1k | ▼ 22.3% |
| Operating cash flow (approximation) | €53k | €35k | €33k | €33k | €50k | ▲ 51.7% |
| Investment in fixed assets (approximation) | - | €-2k | €-1k | €0 | €0 | - |
| Change in cash | - | €32k | €45k | €16k | €-90k | ▼ 664% |
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
23-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €31k ▼0.7%
Net result drops to €31k, the lowest in the series; recovery starts the following year.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €120k ▲35.7%
3 profitable years in a row build equity to €120k.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · 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, Hemiksem · 1 establishment unit since 2020
Ground area
144 m²
Building footprint
122 m²
Volume, LiDAR
774 m³
Parcel 11018B0149/00M004, Flanders · tallest building 11.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
LOVEMEAT
since 20202.308.060.164
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11018B0149/00M004 | Flanders | 144 m² | 1 · 122 m² | 11.9 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHemiksem2.308.060.164
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Of 756 companies in sector 46321 we hold annual accounts for 551. 266 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
Founded25-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
46321Wholesale of meat and meat products, excluding game and poultry
46322Wholesale trade
47110Non-specialised retail sale with food, beverages or tobacco predominating
56210Event catering
56220Contract catering and other food service activities
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.