Equity
€31,028 from €196,757 in 2024
Equity fell by 84% in 1 year.
M&F Meat
Lifetime
4 annual accounts with figures on one time axisGross marginpeak €627,789 (2025)
€627,789▲ 8.5%
Resultpeak €124,167 (2024)
€84,271▼ 32.1%
Equitypeak €196,757 (2024)
€31,028▼ 84.2%
Debts
€416,442▲ 140%
Board2 names since 2022
2 directorsDE GROOTE, Frederik Rudy Maria and 1 other
Documentsfilings and deeds
28-08-2025156 days before the deadline
2025micro format
Result from €124,167 to €84,271Dividend €250,000Equity from €196,757 to €31,028Debts from €173,690 to €416,442Cash from €216,490 to €351,964
Key points
from the 2025 annual accountsDebts
€416,442 93% of the balance sheet
Suppliers 20%Taxes and wages 29%Other 51%
Investments
€1,217 5.3 × depreciation
Green is investment, beige is depreciation.
Staff
8 employees on 30-06-2025
In 2025, 7 people joined and 9 left.
At the same address
88 companies
Position in the sector
€84,271
Higher net result than 91% of companies in food products. Sector median €8,233 · 1,909 companies.
Checked score
67
Healthy
Financially stronger than 41% of micro companies in food products (NACE 10)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.1% across 3,083 companies (NACE 10, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.4%
01-2025: 1.5%▲ +0.1 percentage points vs 12-2024
02-2025: 0.8%▼ -0.7 percentage points vs 01-2025
03-2025: 0.8%● unchanged vs 02-2025
04-2025: 0.8%● unchanged vs 03-2025
05-2025: 0.8%● unchanged vs 04-2025
06-2025: 0.8%● unchanged vs 05-2025
07-2025: 0.8%● unchanged vs 06-2025
08-2025: 0.8%● unchanged vs 07-2025
09-2025: 0.8%● unchanged vs 08-2025
10-2025: 1.8%▲ +1.0 percentage point vs 09-2025highest value
11-2025: 1.8%● unchanged vs 10-2025highest value
12-2025: 1.8%● unchanged vs 11-2025highest value
01-2026: 1.5%▼ -0.3 percentage points vs 12-2025
02-2026: 1.5%● unchanged vs 01-2026
03-2026: 1.5%● unchanged vs 02-2026
04-2026: 1.5%● unchanged vs 03-2026
05-2026: 1.5%● unchanged vs 04-2026
06-2026: 1.5%● unchanged vs 05-2026
07-2026: 0.8%▼ -0.7 percentage points vs 06-2026lowest value
08-2026: 0.8%● unchanged vs 07-2026
09-2026: 0.8%● unchanged vs 08-2026
10-2026: 0.9%▲ +0.1 percentage points vs 09-2026
11-2026: 0.9%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Sector: Manufacture of food products (NACE 10)
Founded in 2022
Equity €31,028 (6.9% of total assets)
lowers risk
Liquidity: current ratio 1.07, cash €351,964
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 10, micro). It does better than 24% of them on solvency, 47% on liquidity, 85% on profitability and 7% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 513 companies had the same profile as M&F Meat has now. Each dot stands for 2 companies, two years later.
96.3%
were still trading
1.4%
stopped another way
2.3%
went bankrupt
That fits the bankruptcy probability of M&F Meat itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 513 companies, not a prediction for M&F Meat. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.07 (2.13 in 2024), below the usual 1.5. Short-term debt is 93.1% and cash 78.7% of total assets. 93.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 28-08-2025, 156 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
156 days early
2024
22 days early
2023
27 days early
2022
11 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 54 days before the deadline. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 7 January (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end05-11-2026 today31-01-2027 deadline
Board and ownership
- DE GROOTE, Frederik Rudy Maria 500 sharesdeed of 11-05-2022
- TASLIDERE, Mevlüt 500 sharesdeed of 11-05-2022
Recent changes
Registered office moved from Destelbergen to Lochristi
New registered office: Antwerpsesteenweg 19 te 9080 Lochristi · Previous registered office: Dendermondesteenweg 712 te 9070 Destelbergen · Board meeting of 01-01-2024 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0785859851
Incorporation
Founding capital of €10,000, 1,000 shares · Founders: DE GROOTE, Frederik Rudy Maria; TASLIDERE, Mevlüt · Appointments: DE GROOTE, Frederik Rudy Maria (director) and TASLIDERE, Mevlüt (director) · published on 11-05-2022 · Gazette deed
First establishment
Antwerpse Steenweg 19, Lochristi
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| M&F Meat Lochristi | €447,469 | €0.6m | 6.9% | - |
| COMEX Ghent | €505,154 | €0.5m | 51.5% | 7.3 |
| L&M EVOLUTION Geel | €429,484 | €1.0m | -37.0% | - |
| KVH SOLUTIONS Maldegem | €354,260 | €1.0m | 53.3% | - |
| BEGLOBAL Ghent | €395,509 | €1.2m | 41.6% | 20 |
| Aicha Express Lede | €361,777 | €0.6m | 57.7% | - |
| SCHIFFLER Theux | €824,451 | €0.4m | -11.3% | 9.2 |
These companies have the same main activity as M&F Meat: manufacture of food products (NACE 10111). They are comparable in size and age: total assets between €354,000 and €824,000, founded between 2020 and 2024.
Official details
Source: KBO- Status
- Active since 09-05-2022Normal situation
- Registered office
- 89 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 5 November 2026.
- Activity
- Manufacture of food productsNACE 10111and 2 others
- Establishment unit
- 2.331.364.3169080 Lochristi, since 09-05-2022
- Financial year end
- 30 June
- Peppol
- Reachable since 31-10-2023
Annual accounts to 30-06-2025
- Turnover
- ≈ €1.3mestimated
- Total assets
- €447,469▲ 20.8%
- Employeeson 30-06-2025
- 8▼ 20.0%
- Filing
- Filed on 28-08-2025, 156 days before the end of the filing period
Insights on M&F Meat
M&F Meat files the micro format. That format states no turnover. The gross margin rose from €1,059 in 2022 to €627,789 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about M&F Meat
- What is the company number of M&F Meat?
- The company number of M&F Meat is 0785.859.851. The VAT number is the same number with BE in front: BE 0785.859.851.
- Where is M&F Meat based?
- The registered office is at Antwerpse Steenweg 19, 9080 Lochristi.Company details
- What does M&F Meat do?
- According to the KBO register, the main activity is manufacture of food products (NACE 10111).
- What is the legal form of M&F Meat?
- M&F Meat is a private limited company (BV).
- When was M&F Meat founded?
- M&F Meat was founded on 09-05-2022.
- Is M&F Meat still active?
- Yes, M&F Meat is an active enterprise in the KBO register.
- How many employees does M&F Meat have?
- M&F Meat had an average of 10.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of M&F Meat?
- The turnover in financial year 2025 is ≈ €1.3m. This figure is estimated from the gross margin of €627,789 and 882 comparable companies of the same size. It probably lies between €880,000 and €1.8m. It is a rough estimate.
- Is M&F Meat profitable?
- In financial year 2025, M&F Meat made a profit of €84,271.
- Where can I find the annual accounts of M&F Meat?
- M&F Meat filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of M&F Meat due?
- M&F Meat must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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