Equity
Meat & Storage DC has made a profit without a break since 2020.
Meat & Storage DC has made a profit without a break since 2020.
The result fell in 2025 from €229,211 to €146,366.
The accounts state no turnover.
Between 2015 and 2025, 67% of the full-time equivalents disappeared.
Two of the last ten came late. The 2023 accounts came latest: 9 days after the end of the period.
The dashed line is the sector median: 0.9% across 2,304 companies (NACE 52, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 52, micro). It does better than 62% of them on solvency, 29% on liquidity, 47% on profitability and 45% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 17,041 companies had the same profile as Meat & Storage DC has now. Each dot stands for 43 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Meat & Storage DC itself: 0.4% within 12 months.
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for Meat & Storage DC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 1.64 (2.17 in 2024), above the usual 1.5. Short-term debt is 36.3% and cash 1.4% of total assets. 45.1% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 3 days before the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% of those companies filed late.
Shares in 1 company, T.N.Y. - TRANS
Board & ownership| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| Meat & Storage DC Oudenaarde | €9.2m | €1.4m | 54.9% | 8.6 |
| FLANDERS COLD CENTER Ghent | €9.8m | €3.1m | 78.7% | 6 |
| BEHANDELING TRANSPORT EN SERVICES Hemiksem | €4.9m | €1.0m | 37.1% | 10.1 |
| André PIRON et fils Donceel | €4.8m | €1.4m | 31.3% | 6.1 |
| JODIFROST Kapelle-op-den-Bos | €4.0m | €1.3m | 65.0% | 11.2 |
| GILIS OPSLAG Turnhout | €5.9m | €1.8m | 69.9% | 4 |
| COMPAGNIE EUROPEENNE DE DEVELOPPEMENT Tournai | €4.9m | €1.1m | 33.9% | 7.9 |
These companies have the same main activity as Meat & Storage DC: warehousing and storage (NACE 52100). They are comparable in size and age: total assets between €4m and €9.8m, founded between 1983 and 2002.
Meat & Storage DC has existed since 1991. Turnover fell from €18.2m in 2015 to €3.4m in 2017 and staff from 25.8 to 15.8 full-time equivalents.
In January 2023, the Official Gazette published the appointment of DECLERCQ Jolien as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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