MEAT CONCEPT
The computed 12-month bankruptcy probability of MEAT CONCEPT is 4.1% (elevated). The 2024 annual accounts show equity of €33k and a net result of €24k. Equity is growing by ~164.3% per year across the filed fiscal years. Its solvency ranks better than 50% of 115 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €33k |
| Net result | €24k |
| Better than sector | 50% |
| Active | 4 yrs |
Strong profile, led by stability.
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil–Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 23.4% | 23.4% | |
| Net result | €24k | €3k | |
| Equity | €33k | €23k | |
| Gross operating margin | €69k | €39k | |
| Staff costs | €38k | €38k |
| Fiscal year | 2024 |
|---|---|
| Revenue | €976k |
| EBITDA | €31k |
| Net profit | €24k |
| Cash flow | €30k |
| Staff costs | €38k |
| Income taxes | — |
| Dividends | — |
| Total assets | €140k |
| Equity | €33k |
| Debt | €107k |
| of which ≤ 1y | €107k |
| of which > 1y | — |
| Working capital | €-16k |
| Employees (FTE) | — |
| 2024 | |
|---|---|
| Current ratio | 0.86 |
| Quick ratio | 0.61 |
| Working capital ratio | -11.1% |
| Solvency | 23.4% |
| Debt / equity | 3.28 |
| Long-term debt ratio | — |
| Interest coverage | 248.27 |
| Gross margin | 7.0% |
| Net margin | 2.5% |
| ROA | 17.3% |
| ROE | 74.0% |
| EBITDA margin | 3.1% |
| Days sales outstanding | 9d |
| Days payable outstanding | 34d |
| Inventory turnover | 34.88 |
| Days inventory (DSI) | 10d |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €140k |
| Fixed assets | 21/28 | €48k |
| Formation expenses | 20 | €237 |
| Intangible fixed assets | 21 | €48k |
| Current assets | 29/58 | €92k |
| Stocks & contracts in progress | 3 | €26k |
| Amounts receivable within one year | 40/41 | €23k |
| Cash & bank | 54/58 | €42k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €140k |
| Equity | 10/15 | €33k |
| Accumulated profits (losses) | 14 | €33k |
| Amounts payable | 17/49 | €107k |
| Amounts payable within one year | 42/48 | €107k |
| Trade debts payable within one year | 44 | €85k |
| Income statement | ||
| Turnover | 70 | €976k |
| Gross operating margin | 9900 | €69k |
| Operating result | 9901 | €24k |
| Financial charges | 65 | €123 |
| Result before taxes | 9903 | €24k |
| Net result for the period | 9904 | €24k |
| Result to be appropriated | 9905 | €24k |
| NACE primary | Food manufacturing(10130) |
| Legal form | Private limited company(610) |
| Incorporation | 14-04-2022 |
| Status | Active |
| Postal code | 1020 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21815D0071/02T002 | Brussels | 67 m² | 1 · 65 m² | 15.2 m · 4 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
07-12-2022 Discharge granted to the board
Technical details
{
"events": [
{
"kind": "decharge_granted",
"role": "administrateur",
"person": {
"rrn": null,
"name": "BOUZAKHTI LAILA",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "Madame: BOUZAKHTI LAILA, d\u00E9missionne de son poste d\u0027Administrateur et donne d\u00E9charge \u00E0 son mandat, qui accepte avec effet imm\u00E9diat.",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Ruxelles",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": null,
"filing_date": null,
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2022-10-26",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0784.828.285",
"name_full": "MEAT CONCEPT",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "DAMLIJ SAID",
"org_rep_person_name": null,
"person_role_at_subject": "Administrateur"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | MEAT CONCEPT |