Summary
Management Meat is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €856,403 and a net result of -€851. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 61% of 2473 sector peers (fiscal year 2025). The company has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
21 d early
2023
13 d early
2022
4 d early
2021
34 d early
2020
12 d early
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 10 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
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. Usually files around 16 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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 changed in the latest annual accounts?What changed What held for this company on a given day: board, seat, name?Company as of a date
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
In the rankings
#2 oldest company in Aalter, Finance and insurance sector
Equity
€856,403▼ 0.1%
2024 · €857,254
Net result
-€851
2024 · €10,268
Total assets
€1.2m▼ 0.9%
2024 · €1.2m
Solvency
72.9%▲ 0.6pp
2024 · 72.3%
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€130,000▼ 10.3%€126,000▼ 3.1%€126,600▲ 0.5%€126,000▼ 0.5%€110,450▼ 12.3%
Operating result€12,418▼ 70.2%€7,627▼ 38.6%€18,638▲ 144%€19,254▲ 3.3%€5,597▼ 70.9%
Net result€24,128within the sector's middle half▲ 0.2%-€87,895below the sector's middle half€9,706within the sector's middle half€10,268within the sector's middle half▲ 5.8%-€851within the sector's middle half
Equity€942,318within the sector's middle half▲ 2.6%€854,423within the sector's middle half▼ 9.3%€864,129within the sector's middle half▲ 1.1%€857,254within the sector's middle half▼ 0.8%€856,403below the sector's middle half▼ 0.1%
Total assets€1.3mbelow the sector's middle half▼ 0.5%€1.2mbelow the sector's middle half▼ 11.0%€1.2mbelow the sector's middle half▲ 2.0%€1.2mbelow the sector's middle half▲ 1.0%€1.2mbelow the sector's middle half▼ 0.9%
Debt€350,735▼ 7.9%€295,961▼ 15.6%€309,356▲ 4.5%€328,270▲ 6.1%€318,853▼ 2.9%
Working capital-€308,859within the sector's middle half▲ 14.9%-€274,254within the sector's middle half▲ 11.2%-€283,831within the sector's middle half▼ 3.5%-€302,118within the sector's middle half▼ 6.4%-€301,196within the sector's middle half▲ 0.3%
Solvency72.9%within the sector's middle half▲ 2.2pp74.3%within the sector's middle half▲ 1.4pp73.6%within the sector's middle half▼ 0.6pp72.3%within the sector's middle half▼ 1.3pp72.9%within the sector's middle half▲ 0.6pp
Current ratio0.12below the sector's middle half▲ 0.070.07below the sector's middle half▼ 0.050.08below the sector's middle half▲ 0.010.08below the sector's middle half=0.06below the sector's middle half▼ 0.02
Return on assets (ROA)1.9%within the sector's middle half=-7.6%below the sector's middle half▼ 9.5pp0.8%within the sector's middle half▲ 8.5pp0.9%within the sector's middle half=-0.1%within the sector's middle half▼ 0.9pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 71% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€1.2m ▼ 0.2%
Current assets
€17,656 ▼ 32.5%
Equity and liabilities €1.2m
Equity
€856,403 ▼ 0.1%
Debt
€318,853 ▼ 2.9%
Debt's share of the balance-sheet total falls from 27.7% to 27.1%. Equity and debt are lower.
Key figures and ratios
ROE
-0.1%▼
2024 · 1.2%
Debt ≤ 1 year
€318,853▼
2024 · €328,270
Income taxes
€402▼
2024 · €3,841
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €132,904 | €128,946 | €147,339 | €143,636 | €122,507 | ▼ 14.7% |
| Turnover70 | €130,000 | €126,000 | €126,600 | €126,000 | €110,450 | ▼ 12.3% |
| Other operating income74 | €2,904 | €2,946 | €20,739 | €17,636 | €9,991 | ▼ 43.3% |
| Non-recurring operating income76A | - | - | - | - | €2,066 | - |
| Operating charges60/66A | €120,486 | €121,319 | €128,702 | €124,381 | €116,910 | ▼ 6.0% |
| Services and other goods61 | €118,130 | €118,903 | €125,714 | €115,046 | €108,271 | ▼ 5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €1,324 | €7,610 | €7,926 | ▲ 4.1% |
| Other operating charges640/8 | €2,356 | €2,416 | €1,664 | €1,725 | €713 | ▼ 58.7% |
| Operating profit (loss)9901 | €12,418 | €7,627 | €18,638 | €19,254 | €5,597 | ▼ 70.9% |
| Financial income75/76B | €20,334 | €620 | €615 | €702 | €102 | ▼ 85.5% |
| Recurring financial income75 | €69 | €620 | €615 | €702 | €102 | ▼ 85.5% |
| Income from current assets751 | €69 | €620 | €615 | €702 | €102 | ▼ 85.5% |
| Non-recurring financial income76B | €20,265 | - | - | - | - | - |
| Financial charges65/66B | €5,745 | €96,017 | €5,706 | €5,847 | €6,148 | ▲ 5.1% |
| Recurring financial charges65 | €5,745 | €5,874 | €5,706 | €5,847 | €6,148 | ▲ 5.1% |
| Debt charges650 | €5,745 | €5,873 | €5,706 | €5,845 | €5,954 | ▲ 1.9% |
| Other financial charges652/9 | - | €1 | - | €2 | €194 | ▲ 8,655% |
| Non-recurring financial charges66B | - | €90,143 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €27,007 | -€87,770 | €13,547 | €14,109 | -€449 | ▼ 103% |
| Income taxes67/77 | €2,879 | €125 | €3,840 | €3,841 | €402 | ▼ 89.5% |
| Taxes670/3 | €2,879 | €125 | €3,840 | €3,841 | €402 | ▼ 89.5% |
| Profit (loss) for the period9904 | €24,128 | -€87,895 | €9,706 | €10,268 | -€851 | ▼ 108% |
| Profit (loss) for the period to be appropriated9905 | €24,128 | -€87,895 | €9,706 | €10,268 | -€851 | ▼ 108% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.3m | €1.2m | €1.2m | €1.2m | €1.2m | ▼ 0.9% |
| Fixed assets21/28 | €1.3m | €1.1m | €1.1m | €1.2m | €1.2m | ▼ 0.2% |
| Tangible fixed assets22/27 | - | - | €19,283 | €30,695 | €22,769 | ▼ 25.8% |
| Furniture and vehicles24 | €0 | - | €19,283 | €30,695 | €22,769 | ▼ 25.8% |
| Leasing and similar rights25 | €0 | - | - | - | - | - |
| Financial fixed assets28 | €1.3m | €1.1m | €1.1m | €1.1m | €1.1m | ▲ 0.5% |
| Affiliated companies280/1 | €1.2m | €1.1m | €1.1m | €1.1m | €1.1m | ▲ 0.5% |
| Participating interests280 | €1.2m | €1.1m | €1.1m | €1.1m | €1.1m | ▲ 0.5% |
| Companies linked by participating interests282/3 | €80,000 | €0 | - | - | - | - |
| Participating interests282 | €80,000 | €0 | - | - | - | - |
| Other financial fixed assets284/8 | €50 | €50 | €50 | €50 | - | - |
| Amounts receivable and cash guarantees285/8 | €50 | €50 | €50 | €50 | - | - |
| Current assets29/58 | €41,876 | €21,707 | €25,525 | €26,152 | €17,656 | ▼ 32.5% |
| Amounts receivable within one year40/41 | - | €11,995 | €19,856 | €17,747 | €10,189 | ▼ 42.6% |
| Trade receivables40 | - | - | €7,285 | €5,848 | €7,250 | ▲ 24.0% |
| Other amounts receivable41 | - | €11,995 | €12,572 | €11,898 | €2,939 | ▼ 75.3% |
| Cash at bank and in hand54/58 | €24,643 | €8,759 | €4,710 | €6,783 | €3,821 | ▼ 43.7% |
| Deferred charges and accrued income490/1 | €17,234 | €953 | €958 | €1,623 | €3,646 | ▲ 125% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.3m | €1.2m | €1.2m | €1.2m | €1.2m | ▼ 0.9% |
| Equity10/15 | €942,318 | €854,423 | €864,129 | €857,254 | €856,403 | ▼ 0.1% |
| Contributions10/11 | €768,470 | €845,317 | €845,317 | €845,317 | €845,317 | = |
| Reserves13 | €76,847 | €0 | - | - | - | - |
| Non-distributable reserves130/1 | €76,847 | €0 | - | - | - | - |
| Reserves not available under the articles1311 | €76,847 | €0 | - | - | - | - |
| Profit (loss) carried forward14 | €97,001 | €9,106 | €18,812 | €11,937 | €11,086 | ▼ 7.1% |
| Amounts payable17/49 | €350,735 | €295,961 | €309,356 | €328,270 | €318,853 | ▼ 2.9% |
| Amounts payable within one year42/48 | €350,735 | €295,961 | €309,356 | €328,270 | €318,853 | ▼ 2.9% |
| Trade debts44 | €28,965 | €1,103 | €6,362 | €1,484 | €7 | ▼ 99.6% |
| Suppliers440/4 | €28,965 | €1,103 | €6,362 | €1,484 | €7 | ▼ 99.6% |
| Taxes, remuneration and social security45 | €23,133 | €8,522 | €9,691 | €15,277 | €6,808 | ▼ 55.4% |
| Taxes450/3 | €23,133 | €8,522 | €9,691 | €15,277 | €6,808 | ▼ 55.4% |
| Other amounts payable47/48 | €298,637 | €286,336 | €293,304 | €311,509 | €312,038 | ▲ 0.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,128 | -€87,895 | €9,706 | €10,268 | -€851 | ▼ 108% |
| + Depreciation and write-downs630 | - | - | €1,324 | €7,610 | €7,926 | ▲ 4.1% |
| Operating cash flow (approximation) | €24,128 | -€87,895 | €11,030 | €17,878 | €7,075 | ▼ 60.4% |
| Investment in fixed assets (approximation) | - | €122,500 | -€20,607 | -€19,022 | -€6,153 | ▲ 67.7% |
| Change in cash | - | -€15,884 | -€4,048 | €2,072 | -€2,961 | ▼ 243% |
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
28-07
State Gazette act
RestructuringAppointment: BV MOORE AUDIT (company auditor) · Merger · Shareholding18 facts ▸
State Gazette act
Restructuring
Appointment: BV MOORE AUDIT (company auditor) · Merger · Shareholding18 facts ▸
- Board meeting, 20-07-2026
- Merger, fusie door overneming, EUR
- Other statement, omgekeerde moeder-dochterfusie, zakelijke overwegingen fusie
- Shareholding, 3200, 3200
- Capital, €320.000
- Share issue, 31000, inbreng
- Shareholding, 20-07-2026, 31000
- Declaration, no holders of other securities or shareholders with special rights
- Proposal, waiver of audit control report, unanimous decision by general meetings
- Auditor appointment, BV MOORE AUDIT (company auditor)
- Proposal, waiver of merger report and notification duty, unanimous decision by general meetings
- Declaration, no special benefits granted to members of management bodies
- +6 further facts in this act
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €9,706
Net result €9,706 after one loss-making year.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet -€87,895
Net result drops to -€87,895, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
31-12
Financial
Highest result since 2018net €42,664 ▲0.1%
Operating result €62,498, net result €42,664, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
No directors read yet: 1 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Aalter · 1 establishment unit since 1980
Ground area
3,078 m²
Building footprint
2,115 m²
Volume, LiDAR
10,729 m³
2 parcels, Brussels, Flanders · tallest building 17.1 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
MANAGEENT MEAT
since 19802.018.871.094
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44001B0083/00P002 | Flanders | 2,973 m² | 1 · 2,004 m² | 11.5 m · 2 fl. |
| 21004A0509/00G000 | Brussels | 104 m² | 1 · 111 m² | 17.1 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Articles of association
Purpose
A/ het verwerven van participaties in eender welke vorm in alle bestaande of op te richten rechtspersonen en vennootschappen, het stimuleren, de planning, de coördinatie, de…
Full purpose (16 activities)
- A/ het verwerven van participaties in eender welke vorm in alle bestaande of op te richten rechtspersonen en vennootschappen, het stimuleren, de planning, de coördinatie, de ontwikkeling van en de investering in rechtspersonen en ondernemingen waarin zij al of niet een participatie aanhoudt;
- B/ het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren, onder om het even welke vorm; in dit kader kan zij zich ook borg stellen of haar aval verlenen, in de meest ruime zin, alle handels- en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan kredietinstellingen;
- C/ het verlenen van adviezen van financiële, technische, commerciële of administratieve aard; in de ruimste zin, met uitzondering van adviezen inzake beleggingen en geldplaatsingen; bijstand en diensten verlenen, rechtstreeks of onrechtstreeks op het vlak van administratie en financiën, verkoop, productie en algemeen bestuur;
- D/ het waarnemen van alle bestuursopdrachten en opdrachten van vereffenaars, het uitoefenen van opdrachten en functies;
- E/ het ontwikkelen, kopen, verkopen, in Iicentie nemen of geven van octrooien, knowhow en aanverwante immateriële duurzame activa;
- F/ het verlenen van administratieve prestaties en computerservices;
- G/ de aan- en verkoop, in- en uitvoer, commissiehandel en vertegenwoordiging van om het even welke goederen, in ’t kort tussenpersoon in de handel;
- H/ het onderzoek, de ontwikkeling, de vervaardiging of commercialisering van nieuwe producten, nieuwe vormen van technologie en hun toepassingen;
- A/ Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden, het- aankopen, verkopen, ruilen, bouwen, verbouwen, onderhouden, verhuren, huren, verkavelen, prospecteren en uitbaten van onroerende goederen; de aan- en verkoop, huur en verhuur van roerende goederen, alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen,
- Alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen;
- B/ Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend patrimonium, alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals het verwerven door inschrijving of aankoop en het beheren van aandelen, obligaties, kasbons of andere roerende waarden, van welke vorm ook, van Belgische of buitenlandse, bestaande of nog op te richten rechtspersonen en ondernemingen.
- De vennootschap mag alle verrichtingen stellen van commerciële, industriële, onroerende, roerende of financiële aard die rechtstreeks of onrechtstreeks met haar voorwerp verwant of verknocht zijn of de verwezenlijking ervan kunnen bevorderen. De vennootschap mag betrokken zijn bij wijze van inbreng, samensmelting, inschrijving of op elke andere wijze, in de ondernemingen, verenigingen of vennootschappen, die een gelijkaardig, soortgelijk of samenhangend voorwerp hebben of die nuttig zijn voor de verwezenlijking van het geheel of een gedeelte van haar voorwerp. Bovenvermelde opsomming is niet beperkend, zodat de vennootschap alle handelingen kan stellen, die op welke wijze ook kunnen bijdragen tot de verwezenlijking van
- Haar voorwerp. De vennootschap mag haar voorwerp verwezen/ijken zowel in België als in het buitenland, op alle wijzen en manieren, die zij het best geschikt zou achten. De vennootschap mag geenszins aan vermogensbeheer of beleggingsadvies doen aIs bedoeld in de Wetten en Koninklijke Besluiten terzake. De vennootschap zal zich dienen te onthouden van werkzaamheden die onderworpen zijn aan reglementaire bepalingen voor zover de vennootschap zelf niet aan deze bepalingen voldoet.
- Algemene activiteiten
- Beheer van een eigen roerend en onroerend vermogen
- Bijzondere bepalingen
Accounting effect
01-01-2026
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
- GOOD MEATsubsidiaryEquity €982,116Result €165,001100%
According to the 2025 annual accounts of Management Meat and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTaken over by:NV GOOD MEAT
Capital and shareholders
Shareholders according to the acts
Stated in the act
act of 28-07-2026 ↗
- Arnold Vanderhaeghe 31,000 shares
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Similar companies · same sector, comparable size
QUADRALIS
BE 0862.227.159
Bornem · Eq €856,289
BT Partners
BE 0893.427.903
Sint-Katelijne-Waver · Eq €856,019
Anthony Geysen
BE 0806.566.282
Deinze · Eq €857,473
CLIJSTERS HOLDING
BE 0748.612.346
Dilsen-Stokkem · Eq €855,311
PASABOJO
BE 0505.824.019
Alveringem · Eq €857,791
Of 24,721 companies in this sector we hold annual accounts for 19,804. 13,035 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded10-12-1980
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
68110Buying and selling of own real estate
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.