MEAT
ActiveSummary
MEAT has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €168,309 and a net result of €24,517. Equity is growing by ~20.3% per year across the filed fiscal years. Its solvency ranks better than 32% of 10407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-3
Solvency47▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity short (current ratio 0.95 against 1.03 in 2024; short-term debt: 31.6% and cash: 22.7% of total assets), and 78.3% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
21.7%
Return on assets
3.2%
Age of the figures
9 mo
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
34 d early
2023
33 d early
2022
38 d early
2021
39 d early
2020
36 d early
2019
35 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
26-09-2026 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 simulator 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 What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#6 oldest company in Roosdaal, Wholesale and retail trade sector
Equity
€168,309▼ 7.3%
2024 · €181,480
Total assets
€774,771▼ 8.5%
2024 · €846,506
Net result
€24,517▼ 47.8%
2024 · €46,961
Working capital
-€12,912
2024 · €8,401
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€97,322▲ 41.9%€25,272▼ 74.0%€16,309▼ 35.5%€75,430▲ 363%€47,736▼ 36.7%
Net result€62,527▲ 57.7%€12,899▼ 79.4%€4,050▼ 68.6%€46,961▲ 1,060%€24,517▼ 47.8%
Equity€168,544▲ 59.0%€181,444▲ 7.7%€185,494▲ 2.2%€181,480▼ 2.2%€168,309▼ 7.3%
Total assets€572,512▲ 2.0%€786,398▲ 37.4%€743,135▼ 5.5%€846,506▲ 13.9%€774,771▼ 8.5%
Debt€403,968▼ 11.2%€604,954▲ 49.8%€557,641▼ 7.8%€665,026▲ 19.3%€606,461▼ 8.8%
Working capital€30,998-€3,543€54,460€8,401▼ 84.6%-€12,912
Staff (FTE)2.6▲ 18.2%2.3▼ 11.5%2.6▲ 13.0%4.2▲ 61.5%4.4▲ 4.8%
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 falls in 2025; 2025 is 37% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €774,771
Fixed assets
€542,849 ▼ 3.2%
Current assets
€231,922 ▼ 18.8%
Equity and liabilities €774,771
Equity
€168,309 ▼ 7.3%
Debt
€606,461 ▼ 8.8%
Debt's share of the balance-sheet total falls from 78.6% to 78.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€137,864▼
2024 · €150,744
Cash flow
€114,645▼
2024 · €122,275
Current ratio
0.95▼
2024 · 1.03
Quick ratio
0.86▼
2024 · 0.97
Debt to equity
3.60▼
2024 · 3.66
ROE
14.6%▼
2024 · 25.9%
ROA
3.2%▼
2024 · 5.5%
Interest coverage
10.48▼
2024 · 12.23
Debt ≤ 1 year
€244,834▼
2024 · €277,042
Debt > 1 year
€361,627▼
2024 · €387,984
Income taxes
€10,061▼
2024 · €16,146
Staff costs
€198,202▲
2024 · €173,087
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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €99,215 | €132,694 | €126,687 | €173,087 | €198,202 | ▲ 14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €47,829 | €46,143 | €121,430 | €75,314 | €90,128 | ▲ 19.7% |
| Other operating charges640/8 | €4,238 | €4,197 | €3,930 | €3,663 | €4,455 | ▲ 21.6% |
| Gross operating margin9900 | €248,604 | €208,306 | €268,357 | €327,494 | €340,522 | ▲ 4.0% |
| Operating profit (loss)9901 | €97,322 | €25,272 | €16,309 | €75,430 | €47,736 | ▼ 36.7% |
| Financial income75/76B | €10 | €156 | €1,013 | - | €1 | - |
| Recurring financial income75 | €10 | €156 | €1,013 | - | €1 | - |
| Financial charges65/66B | €12,631 | €8,439 | €11,853 | €12,323 | €13,159 | ▲ 6.8% |
| Recurring financial charges65 | €12,631 | €8,439 | €11,853 | €12,323 | €13,159 | ▲ 6.8% |
| Profit (loss) for the period before taxes9903 | €84,701 | €16,989 | €5,469 | €63,107 | €34,578 | ▼ 45.2% |
| Income taxes67/77 | €22,173 | €4,090 | €1,419 | €16,146 | €10,061 | ▼ 37.7% |
| Profit (loss) for the period9904 | €62,527 | €12,899 | €4,050 | €46,961 | €24,517 | ▼ 47.8% |
| Profit (loss) for the period to be appropriated9905 | €62,527 | €12,899 | €4,050 | €46,961 | €24,517 | ▼ 47.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €572,512 | €786,398 | €743,135 | €846,506 | €774,771 | ▼ 8.5% |
| Fixed assets21/28 | €386,358 | €632,975 | €520,127 | €561,063 | €542,849 | ▼ 3.2% |
| Tangible fixed assets22/27 | €386,358 | €632,975 | €520,127 | €561,063 | €542,849 | ▼ 3.2% |
| Land and buildings22 | €304,035 | €553,435 | €460,952 | €442,903 | €396,747 | ▼ 10.4% |
| Plant, machinery and equipment23 | €78,620 | €75,582 | €56,660 | €116,811 | €96,383 | ▼ 17.5% |
| Furniture and vehicles24 | €3,703 | €3,958 | €2,515 | €1,349 | €49,719 | ▲ 3,587% |
| Current assets29/58 | €186,154 | €153,423 | €223,008 | €285,443 | €231,922 | ▼ 18.8% |
| Stocks and contracts in progress3 | €20,450 | €25,000 | €20,000 | €17,500 | €22,500 | ▲ 28.6% |
| Stocks30/36 | €20,450 | €25,000 | €20,000 | €17,500 | €22,500 | ▲ 28.6% |
| Amounts receivable within one year40/41 | €15,725 | €28,331 | €61,618 | €69,899 | €33,913 | ▼ 51.5% |
| Trade receivables40 | €9,852 | €19,179 | €44,996 | €33,141 | €14,286 | ▼ 56.9% |
| Other amounts receivable41 | €5,873 | €9,152 | €16,623 | €36,758 | €19,628 | ▼ 46.6% |
| Cash at bank and in hand54/58 | €149,979 | €100,092 | €141,390 | €198,044 | €175,509 | ▼ 11.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €572,512 | €786,398 | €743,135 | €846,506 | €774,771 | ▼ 8.5% |
| Equity10/15 | €168,544 | €181,444 | €185,494 | €181,480 | €168,309 | ▼ 7.3% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €162,344 | €175,244 | €179,294 | €175,280 | €162,109 | ▼ 7.5% |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | €160,485 | €173,385 | €177,435 | €173,421 | €160,250 | ▼ 7.6% |
| Amounts payable17/49 | €403,968 | €604,954 | €557,641 | €665,026 | €606,461 | ▼ 8.8% |
| Amounts payable after more than one year17 | €248,812 | €447,988 | €389,093 | €387,984 | €361,627 | ▼ 6.8% |
| Financial debts170/4 | €248,812 | €447,988 | €389,093 | €387,984 | €361,627 | ▼ 6.8% |
| Amounts payable within one year42/48 | €155,156 | €156,966 | €168,548 | €277,042 | €244,834 | ▼ 11.6% |
| Current portion of amounts payable after more than one year42 | €35,127 | €57,859 | €58,895 | €64,747 | €74,213 | ▲ 14.6% |
| Trade debts44 | €90,155 | €85,216 | €83,059 | €127,796 | €86,135 | ▼ 32.6% |
| Suppliers440/4 | €90,155 | €85,216 | €83,059 | €127,796 | €86,135 | ▼ 32.6% |
| Taxes, remuneration and social security45 | €15,904 | €10,384 | €22,251 | €36,011 | €47,444 | ▲ 31.7% |
| Taxes450/3 | €3,803 | €1,692 | €8,275 | €11,960 | €11,675 | ▼ 2.4% |
| Remuneration and social security454/9 | €12,101 | €8,692 | €13,976 | €24,051 | €35,769 | ▲ 48.7% |
| Other amounts payable47/48 | €13,971 | €3,507 | €4,343 | €48,487 | €37,042 | ▼ 23.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €62,527 | €12,899 | €4,050 | €46,961 | €24,517 | ▼ 47.8% |
| + Depreciation and write-downs630 | €47,829 | €46,143 | €121,430 | €75,314 | €90,128 | ▲ 19.7% |
| Operating cash flow (approximation) | €110,357 | €59,043 | €125,480 | €122,275 | €114,645 | ▼ 6.2% |
| Investment in fixed assets (approximation) | - | -€292,760 | -€8,582 | -€116,251 | -€71,914 | ▲ 38.1% |
| Change in cash | - | -€49,887 | €41,298 | €56,655 | -€22,536 | ▼ 140% |
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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €4,050 ▼68.6%
Net result drops to €4,050, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €62,527 ▲57.7%
Operating result €97,322, net result €62,527, both a record.
31-12
Financial
Equity above €150,000Eq €168,544 ▲59%
4 profitable years in a row build equity to €168,544.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €100,000Eq €106,017 ▲59.7%
3 profitable years in a row build equity to €106,017.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Roosdaal · 1 establishment unit since 1989
Ground area
3,203 m²
Building footprint
446 m²
Volume, LiDAR
3,740 m³
2 parcels, Flanders · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
MEAT
since 19892.042.407.353
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23097D0018/00C000 | Flanders | 2,496 m² | 1 · 97 m² | 9.4 m · 2 fl. |
| 41049A0332/00N000 | Flanders | 707 m² | 1 · 350 m² | 12.2 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 3,054 EUR awarded · 3,054 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 2,000 EUR | 2,176 EUR |
| 2024 | 1 | 176 EUR | 176 EUR |
| 2023 | 1 | 176 EUR | 0 EUR |
| 2022 | 1 | 702 EUR | 702 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteNinove2.042.407.353
Care and welfare
1 service · 0 liveDENNENBOS
Dual-learning approval
3 live approvalsMedewerker slagerij (vwo)
Medewerker slagerij duaal (so)
Slagerij duaal (so)
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Of 3,043 companies in sector 47221 we hold annual accounts for 1,564. 1,311 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 (pre-2019)
Founded01-07-1988
Fiscal year end31-12
Activities, NACEBEL 2025
47221Retail sale of meat and meat products, excluding game and poultry
Scores and ratios are computed by Checked and are not a credit decision.