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Mabel - Meat

Active
Private limited company (pre-2019)founded 199431 yrs activePoekestraat 102, 8755 Wingene, BelgiumKBO/BCE: BE 0454.201.609

Mabel - Meat has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €161k and a net result of €-6k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 58% of 18281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
55 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability17▼-19
Solvency69▼-1
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.71 against 1.72 in 2024; short-term debt: 56% of total assets), but 56% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 31 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
44%
Return on assets
-1.6%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-02-2026, 11 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
11 d late
2024
on the day
2023
1 d early
2022
16 d late
2021
30 d late
2020
26 d late
2019
4 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 months
Position in the running window
30-06-2026 close23-09-2026 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
€161k▼ 3.6%
2024 · €167k
2019: €166k 2020: €165k 2021: €167k 2022: €169k 2023: €169k 2024: €167k
2019 → 2025
Total assets
€365k▼ 2.0%
2024 · €373k
2019: €365k 2020: €366k 2021: €370k 2022: €375k 2023: €372k 2024: €373k
2019 → 2025
Net result
€-6k▼ 187%
2024 · €-2k
2019: €-472 2020: €-1k 2021: €2k 2022: €2k 2023: €34 2024: €-2k
2019 → 2025
Working capital
€146k▼ 0.9%
2024 · €147k
2019: €149k 2020: €145k 2021: €149k 2022: €152k 2023: €153k 2024: €147k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€167k-€169k▲ 1.2%€169k=€167k▼ 1.2%€161k▼ 3.6%
Operating result€2k-€2k▼ 2.3%€401▼ 82.7%€-2k€-6k▼ 192%
Net result€2k-€2k▼ 10.2%€34▼ 98.2%€-2k€-6k▼ 187%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-8k€-5k€-3k€0€3kOperating result 2021: €2k€2kNet result 2021: €2k€2kOperating result 2022: €2k€2kNet result 2022: €2k€2kOperating result 2023: €401€401Net result 2023: €34€34Operating result 2024: €-2k€-2kNet result 2024: €-2k€-2kOperating result 2025: €-6k€-6kNet result 2025: €-6k€-6k20212022202320242025
The operating result stays negative: a loss of €6k in 2025 against €2k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €365k
Fixed assets €15k▼ 23.7%
Current assets €350k▼ 0.8%
Equity and liabilities €365k
Equity €161k▼ 3.6%
Debt €204k▼ 0.7%
The debt ratio rises from 55.2% to 56.0%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-1k
Cash flow
€-1k
Solvency
44.0%
2024 · 44.8%
Current ratio
1.71
2024 · 1.72
Quick ratio
1.57
2024 · 1.57
Debt / equity
1.27
2024 · 1.23
ROE
-3.7%
2024 · -1.3%
ROA
-1.6%
2024 · -0.6%
Interest coverage
-3.16
Debt
€204k
2024 · €206k
Debt ≤ 1 year
€204k
2024 · €206k
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€373k€365k
Fixed assets21/28€20k€15k
Tangible fixed assets22/27€20k€15k
Plant, machinery and equipment23€19k€15k
Furniture and vehicles24€162-
Current assets29/58€353k€350k
Stocks and contracts in progress3€29k€29k=
Contracts in progress37€29k€29k=
Amounts receivable within one year40/41€324k€321k
Trade receivables40€308k€308k=
Other amounts receivable41€16k€13k
Current investments50/53-€3
Equity and liabilities
Total equity and liabilities10/49€373k€365k
Equity10/15€167k€161k
Contributions10/11€37k€37k=
Reserves13€36k€36k=
Non-distributable reserves130/1€4k€4k=
Reserves not available under the articles1311€4k€4k=
Distributable reserves133€33k€33k=
Profit (loss) carried forward14€93k€87k
Amounts payable17/49€206k€204k
Amounts payable within one year42/48€206k€204k
Trade debts44€73k€77k
Suppliers440/4€73k€77k
Taxes, remuneration and social security45-€478
Taxes450/3-€478
Other amounts payable47/48€133k€127k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€5k
Other operating charges640/8€2k€2k
Gross operating margin9900€-268€784
Operating profit (loss)9901€-2k€-6k
Financial charges65/66B€157€334
Recurring financial charges65€157€334
Profit (loss) for the period before taxes9903€-2k€-6k
Profit (loss) for the period9904€-2k€-6k
Profit (loss) for the period to be appropriated9905€-2k€-6k
Appropriation of the result
Profit (loss) to be appropriated9906€93k€87k
Profit (loss) brought forward from the previous period14P€96k€93k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
11-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
30-06
Financial Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series.
31-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
16-02
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
02-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-06
Financial Back to profitnet €2k
Net result €2k after 2 loss-making years.
26-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
27-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
14-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
09-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
26-01
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
2 acts for this company are 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, Wingene
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.

Poekestraat 1028755 Wingene
Ground area
3,656 m²
Building footprint
354 m²
Volume, LiDAR
1,874 m³
Parcel 37012D0609/00P000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37012D0609/00P000 Flanders 3,656 m² 1 · 354 m² 9.6 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 3,043 companies in sector 47221 we hold annual accounts for 1,564. 1,321 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded28-12-1994
Fiscal year end30-06
Activities, NACEBEL
47221Retail sale of meat and meat products, excluding game and poultry
52220
47271Retail trade
47291Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.