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 €168k and a net result of €25k. 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 €11k 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Financials · fiscal year 2025, abbreviated schema
Equity
€168k▼ 7.3%
2024 · €181k
Total assets
€775k▼ 8.5%
2024 · €847k
Net result
€25k▼ 47.8%
2024 · €47k
Working capital
€-13k
2024 · €8k
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€97k▲ 41.9%€25k▼ 74.0%€16k▼ 35.5%€75k▲ 363%€48k▼ 36.7%
Net result€63k▲ 57.7%€13k▼ 79.4%€4k▼ 68.6%€47k▲ 1,060%€25k▼ 47.8%
Equity€169k▲ 59.0%€181k▲ 7.7%€185k▲ 2.2%€181k▼ 2.2%€168k▼ 7.3%
Total assets€573k▲ 2.0%€786k▲ 37.4%€743k▼ 5.5%€847k▲ 13.9%€775k▼ 8.5%
Debt€404k▼ 11.2%€605k▲ 49.8%€558k▼ 7.8%€665k▲ 19.3%€606k▼ 8.8%
Working capital€31k€-4k€54k€8k▼ 84.6%€-13k
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 €775k
Fixed assets
€543k ▼ 3.2%
Current assets
€232k ▼ 18.8%
Equity and liabilities €775k
Equity
€168k ▼ 7.3%
Debt
€606k ▼ 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
€138k▼
2024 · €151k
Cash flow
€115k▼
2024 · €122k
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
€245k▼
2024 · €277k
Debt > 1 year
€362k▼
2024 · €388k
Income taxes
€10k▼
2024 · €16k
Staff costs
€198k▲
2024 · €173k
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 | €99k | €133k | €127k | €173k | €198k | ▲ 14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €48k | €46k | €121k | €75k | €90k | ▲ 19.7% |
| Other operating charges640/8 | €4k | €4k | €4k | €4k | €4k | ▲ 21.6% |
| Gross operating margin9900 | €249k | €208k | €268k | €327k | €341k | ▲ 4.0% |
| Operating profit (loss)9901 | €97k | €25k | €16k | €75k | €48k | ▼ 36.7% |
| Financial income75/76B | €10 | €156 | €1k | - | €1 | - |
| Recurring financial income75 | €10 | €156 | €1k | - | €1 | - |
| Financial charges65/66B | €13k | €8k | €12k | €12k | €13k | ▲ 6.8% |
| Recurring financial charges65 | €13k | €8k | €12k | €12k | €13k | ▲ 6.8% |
| Profit (loss) for the period before taxes9903 | €85k | €17k | €5k | €63k | €35k | ▼ 45.2% |
| Income taxes67/77 | €22k | €4k | €1k | €16k | €10k | ▼ 37.7% |
| Profit (loss) for the period9904 | €63k | €13k | €4k | €47k | €25k | ▼ 47.8% |
| Profit (loss) for the period to be appropriated9905 | €63k | €13k | €4k | €47k | €25k | ▼ 47.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €573k | €786k | €743k | €847k | €775k | ▼ 8.5% |
| Fixed assets21/28 | €386k | €633k | €520k | €561k | €543k | ▼ 3.2% |
| Tangible fixed assets22/27 | €386k | €633k | €520k | €561k | €543k | ▼ 3.2% |
| Land and buildings22 | €304k | €553k | €461k | €443k | €397k | ▼ 10.4% |
| Plant, machinery and equipment23 | €79k | €76k | €57k | €117k | €96k | ▼ 17.5% |
| Furniture and vehicles24 | €4k | €4k | €3k | €1k | €50k | ▲ 3,587% |
| Current assets29/58 | €186k | €153k | €223k | €285k | €232k | ▼ 18.8% |
| Stocks and contracts in progress3 | €20k | €25k | €20k | €18k | €23k | ▲ 28.6% |
| Stocks30/36 | €20k | €25k | €20k | €18k | €23k | ▲ 28.6% |
| Amounts receivable within one year40/41 | €16k | €28k | €62k | €70k | €34k | ▼ 51.5% |
| Trade receivables40 | €10k | €19k | €45k | €33k | €14k | ▼ 56.9% |
| Other amounts receivable41 | €6k | €9k | €17k | €37k | €20k | ▼ 46.6% |
| Cash at bank and in hand54/58 | €150k | €100k | €141k | €198k | €176k | ▼ 11.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €573k | €786k | €743k | €847k | €775k | ▼ 8.5% |
| Equity10/15 | €169k | €181k | €185k | €181k | €168k | ▼ 7.3% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €162k | €175k | €179k | €175k | €162k | ▼ 7.5% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €160k | €173k | €177k | €173k | €160k | ▼ 7.6% |
| Amounts payable17/49 | €404k | €605k | €558k | €665k | €606k | ▼ 8.8% |
| Amounts payable after more than one year17 | €249k | €448k | €389k | €388k | €362k | ▼ 6.8% |
| Financial debts170/4 | €249k | €448k | €389k | €388k | €362k | ▼ 6.8% |
| Amounts payable within one year42/48 | €155k | €157k | €169k | €277k | €245k | ▼ 11.6% |
| Current portion of amounts payable after more than one year42 | €35k | €58k | €59k | €65k | €74k | ▲ 14.6% |
| Trade debts44 | €90k | €85k | €83k | €128k | €86k | ▼ 32.6% |
| Suppliers440/4 | €90k | €85k | €83k | €128k | €86k | ▼ 32.6% |
| Taxes, remuneration and social security45 | €16k | €10k | €22k | €36k | €47k | ▲ 31.7% |
| Taxes450/3 | €4k | €2k | €8k | €12k | €12k | ▼ 2.4% |
| Remuneration and social security454/9 | €12k | €9k | €14k | €24k | €36k | ▲ 48.7% |
| Other amounts payable47/48 | €14k | €4k | €4k | €48k | €37k | ▼ 23.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €63k | €13k | €4k | €47k | €25k | ▼ 47.8% |
| + Depreciation and write-downs630 | €48k | €46k | €121k | €75k | €90k | ▲ 19.7% |
| Operating cash flow (approximation) | €110k | €59k | €125k | €122k | €115k | ▼ 6.2% |
| Investment in fixed assets (approximation) | - | €-293k | €-9k | €-116k | €-72k | ▲ 38.1% |
| Change in cash | - | €-50k | €41k | €57k | €-23k | ▼ 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.
More with these figures Sector benchmark What changed Value indication
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 €4k ▼68.6%
Net result drops to €4k, 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 €63k ▲57.7%
Operating result €97k, net result €63k, both a record.
31-12
Financial
Equity above €150kEq €169k ▲59%
4 profitable years in a row build equity to €169k.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €100kEq €106k ▲59.7%
3 profitable years in a row build equity to €106k.
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 |
Schemes
Premie kwalificerend werkplekleren
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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.