MEAT CONCEPT
ActiveSummary
The computed 12-month bankruptcy probability of MEAT CONCEPT is 4.3% (elevated). The 2024 annual accounts show equity of €32,699 and a net result of €24,192. Equity is growing by ~164.3% per year across the filed fiscal years. Its solvency ranks better than 42% of 2092 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 3 accounts on average 36 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Turnover70 | €455,091 | - | €975,528 | - |
| Goods, raw materials, services and sundry goods60/61 | €416,722 | - | €906,781 | - |
| Remuneration, social security and pensions62 | €33,627 | €52,776 | €38,195 | ▼ 27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €6,237 | €6,237 | = |
| Other operating charges640/8 | - | €1,689 | - | - |
| Gross operating margin9900 | €38,369 | €64,558 | €68,747 | ▲ 6.5% |
| Operating profit (loss)9901 | €4,741 | €3,857 | €24,315 | ▲ 530% |
| Financial charges65/66B | €4 | €88 | €123 | ▲ 40.5% |
| Recurring financial charges65 | €4 | €88 | €123 | ▲ 40.5% |
| Profit (loss) for the period before taxes9903 | €4,738 | €3,769 | €24,192 | ▲ 542% |
| Profit (loss) for the period9904 | €4,738 | €3,769 | €24,192 | ▲ 542% |
| Profit (loss) for the period to be appropriated9905 | €4,738 | €3,769 | €24,192 | ▲ 542% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €94,337 | €167,958 | €139,931 | ▼ 16.7% |
| Formation expenses20 | €710 | €473 | €237 | ▼ 50.0% |
| Fixed assets21/28 | €60,000 | €54,000 | €48,000 | ▼ 11.1% |
| Intangible fixed assets21 | €60,000 | €54,000 | €48,000 | ▼ 11.1% |
| Current assets29/58 | €33,627 | €113,485 | €91,694 | ▼ 19.2% |
| Stocks and contracts in progress3 | - | €20,000 | €26,000 | ▲ 30.0% |
| Stocks30/36 | - | €20,000 | €26,000 | ▲ 30.0% |
| Amounts receivable within one year40/41 | - | €57,892 | €23,339 | ▼ 59.7% |
| Trade receivables40 | - | €57,892 | €23,339 | ▼ 59.7% |
| Cash at bank and in hand54/58 | €33,627 | €35,593 | €42,355 | ▲ 19.0% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €94,337 | €167,958 | €139,931 | ▼ 16.7% |
| Equity10/15 | €4,738 | €8,507 | €32,699 | ▲ 284% |
| Profit (loss) carried forward14 | €4,738 | €8,507 | €32,699 | ▲ 284% |
| Amounts payable17/49 | €89,599 | €159,451 | €107,232 | ▼ 32.7% |
| Amounts payable within one year42/48 | €89,599 | €159,451 | €107,232 | ▼ 32.7% |
| Trade debts44 | €26,417 | €92,787 | €84,864 | ▼ 8.5% |
| Suppliers440/4 | €26,417 | €92,787 | €84,864 | ▼ 8.5% |
| Advances received on contracts in progress46 | - | €2,534 | €1,051 | ▼ 58.5% |
| Taxes, remuneration and social security45 | €13,486 | €18,137 | €21,317 | ▲ 17.5% |
| Taxes450/3 | €5,160 | €10,173 | €10,801 | ▲ 6.2% |
| Remuneration and social security454/9 | €8,327 | €7,964 | €10,516 | ▲ 32.0% |
| Other amounts payable47/48 | €49,696 | €45,993 | - | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,738 | €3,769 | €24,192 | ▲ 542% |
| + Depreciation and write-downs630 | - | €6,237 | €6,237 | = |
| Operating cash flow (approximation) | €4,738 | €10,006 | €30,429 | ▲ 204% |
| Investment in fixed assets (approximation) | - | -€237 | -€237 | = |
| Change in cash | - | €1,966 | €6,762 | ▲ 244% |
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
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21815D0071/02T002 | Brussels | 67 m² | 1 · 65 m² | 15.2 m · 4 fl. |
Linked by address, not proof of ownership
Recognitions · licences · registrations
Food safety, FASFC
1 siteSimilar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.