MEALHERO
InactiveMEALHERO was declared bankrupt on 31-08-2022 (Ondernemingsrechtbank Gent, afdeling Dendermonde); the bankruptcy was closed by liquidation by judgment of 18-12-2023, published in the Belgian State Gazette on 27-12-2023.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 19-08-2022, 19 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
19 d late
2020
58 d early
2019
118 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€-406k
2020 · €980k
2018: €88k
2019: €161k
2020: €980k
2018 → 2021
Total assets
€1.95M▼ 30.7%
2020 · €2.81M
2018: €571k
2019: €887k
2020: €2.81M
2018 → 2021
Net result
€-1.35M▼ 55.2%
2020 · €-869k
2018: €-259k
2019: €-259k
2020: €-869k
2018 → 2021
Working capital
€-168k
2020 · €466k
2018: €-40k
2019: €-73k
2020: €466k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€88k-€161k▲ 83.5%€980k▲ 507%€-406k
Operating result€-278k-€-278k=€-861k▼ 210%€-1.37M▼ 59.6%
Net result€-259k-€-259k=€-869k▼ 236%€-1.35M▼ 55.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1.37M in 2021 against €861k in 2020; the loss grows and 2021 has the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €1.91M
Fixed assets
€1.07M▲ 3.4%
Current assets
€833k▼ 51.6%
Key figures and ratios
EBITDA
€-1.14M▼
2020 · €-736k
Cash flow
€-1.12M▼
2020 · €-743k
Solvency
-20.8%▼
2020 · 34.8%
Current ratio
0.83▼
2020 · 1.37
Quick ratio
0.47▼
2020 · 0.98
Debt / equity
-5.80▼
2020 · 0.58
ROA
-69.2%▼
2020 · -30.9%
Interest coverage
-50.86
Debt
€2.35M▲
2020 · €1.83M
Debt ≤ 1 year
€1.00M▼
2020 · €1.26M
Debt > 1 year
€1.12M▲
2020 · €573k
Income taxes
€555▲
2020 · €0
Staff costs
€550k
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€2.81M€1.95M▼
Formation expenses20€53k€41k▼
Fixed assets21/28€1.04M€1.07M▲
Intangible fixed assets21€269k€284k▲
Tangible fixed assets22/27€769k€790k▲
Plant, machinery and equipment23-€784k
Furniture and vehicles24-€6k
Financial fixed assets28€0-
Current assets29/58€1.72M€833k▼
Stocks and contracts in progress3€490k€362k▼
Stocks30/36-€362k
Amounts receivable within one year40/41€226k€120k▼
Trade receivables40-€54k
Other amounts receivable41-€66k
Current investments50/53€0-
Cash at bank and in hand54/58€919k€220k▼
Deferred charges and accrued income490/1-€131k
Equity and liabilities
Total equity and liabilities10/49€2.81M€1.95M▼
Equity10/15€980k€-406k▼
Contributions10/11-€1.95M
Profit (loss) carried forward14€-1.24M€-2.59M▼
Investment grants15-€231k
Amounts payable17/49€1.83M€2.35M▲
Amounts payable after more than one year17€573k€1.12M▲
Financial debts170/4-€1.12M
Amounts payable within one year42/48€1.26M€1.00M▼
Current portion of amounts payable after more than one year42-€443k
Financial debts43-€250k
Credit institutions430/8-€250k
Trade debts44€904k€198k▼
Suppliers440/4-€198k
Taxes, remuneration and social security45-€106k
Taxes450/3-€16k
Remuneration and social security454/9-€90k
Other amounts payable47/48-€5k
Accrued charges and deferred income492/3-€228k
Income statement
Code20202021
Remuneration, social security and pensions62-€550k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€125k€232k▲
Other operating charges640/8-€7k
Non-recurring operating charges66A-€162k
Gross operating margin9900€-531k€-423k▲
Operating profit (loss)9901€-861k€-1.37M▼
Financial income75/76B-€49k
Recurring financial income75€56k€38k▼
Non-recurring financial income76B-€12k
Financial charges65/66B-€22k
Recurring financial charges65€43k€22k▼
Profit (loss) for the period before taxes9903€-869k€-1.35M▼
Income taxes67/77€0€555▲
Profit (loss) for the period9904€-869k€-1.35M▼
Profit (loss) for the period to be appropriated9905€-869k€-1.35M▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-2.59M
Profit (loss) brought forward from the previous period14P-€-1.24M
Return on contributions (dividend)694€0-
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
27-12
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Dendermonde · MEALHERO BV EVENBROEKVELD 16A, 9420 ERPE-MERE · event 18-12-2023
2022
07-09
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · MEALHERO BV EVENBROEK- VELD 16A, 9420 ERPE-MERE · event 31-08-2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
31-12
Financial
Weakest financial yearnet €-1.35M
Net result drops to €-1.35M, the lowest in the series.
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €500kEq €980k ▲507%
Equity rises from €161k to €980k.
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 118 days late
2019
31-12
Financial
Equity above €150kEq €161k ▲83.5%
Equity rises from €88k to €161k.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MARGA PIETERS AFFLIGEMDREEF 144, 9300 AALST- |
31-08-2022 → present |
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 3,920 EUR awarded · 3,920 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 170 EUR | 170 EUR |
| 2022 | 1 | 3,750 EUR | 3,750 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
European research
1 project · 1 as coordinator · 50,000 EUR EU contributionProgrammes
h2020
Projects
Automated cooking for tasty and healthy meals in a convenient way