MEAT MASTERS
The file of MEAT MASTERS contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 1.7% (moderate). The 2021 annual accounts show equity of €408k and a net result of €-281k. Equity is shrinking by ~7% per year across the filed fiscal years. Its solvency ranks better than 50% of 48 sector peers (fiscal year 2021).
| Equity | €408k |
| Net result | €-281k |
| Better than sector | 50% |
| Active | 20 yrs |
Fragile profile, watch profitability in particular.
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 | 19.1% | 19.0% | |
| Net result | €-281k | €19k | |
| Equity | €408k | €161k | |
| Gross operating margin | €2.48M | €260k | |
| Staff costs | €2.65M | €161k |
| Fiscal year | 2021 |
|---|---|
| Revenue | - |
| EBITDA | €-200k |
| Net profit | €-281k |
| Cash flow | €-205k |
| Staff costs | €2.65M |
| Income taxes | - |
| Dividends | - |
| Total assets | €2.14M |
| Equity | €408k |
| Debt | €1.73M |
| of which ≤ 1y | €1.34M |
| of which > 1y | €58k |
| Working capital | €551k |
| Employees (FTE) | - |
| 2021 | |
|---|---|
| Current ratio | 1.41 |
| Quick ratio | 1.41 |
| Working capital ratio | 25.8% |
| Solvency | 19.1% |
| Debt / equity | 4.23 |
| Long-term debt ratio | 0.14 |
| Interest coverage | -21.79 |
| Gross margin | - |
| Net margin | - |
| ROA | -13.2% |
| ROE | -68.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2021 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.14M |
| Fixed assets | 21/28 | €248k |
| Tangible fixed assets | 22/27 | €197k |
| Financial fixed assets | 28 | €51k |
| Current assets | 29/58 | €1.89M |
| Amounts receivable within one year | 40/41 | €1.54M |
| Cash & bank | 54/58 | €164k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.14M |
| Equity | 10/15 | €408k |
| Contributions / capital | 10/11 | €6k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €400k |
| Amounts payable | 17/49 | €1.73M |
| Amounts payable after one year | 17 | €58k |
| Amounts payable within one year | 42/48 | €1.34M |
| Income statement | ||
| Gross operating margin | 9900 | €2.48M |
| Operating result | 9901 | €-277k |
| Financial income | 75 | €4k |
| Financial charges | 65 | €9k |
| Result before taxes | 9903 | €-281k |
| Net result for the period | 9904 | €-281k |
| Result to be appropriated | 9905 | €-281k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | GUNTHER PEETERS KUNSTLAAN 24 BUS 9,
1000 BRUSSEL 1 |
21-03-2023 → present | Belgian State Gazette |
| NACE primary | Food manufacturing(10111) |
| Legal form | Private limited company(610) |
| Incorporation | 22-06-2006 |
| Status | Active |
| Postal code | - |
| First BS signal | 28-03-2023 |
| Latest BS signal | 20-11-2025 |
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. |
|---|---|---|---|---|
| 21673D0055/00R006 | Brussels | 191 m² | 1 · 90 m² | 14.0 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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| Legal nameNL | MEAT MASTERS |