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Meat & Storage DC

Active Public limited companyfounded 1991active for 35 yearsPaalstraat 10, 9700 OudenaardeKBO/BCE: BE 0443.511.120 #2 company by equity in Oudenaarde, Transport and storage sector

Lifetime

20 annual accounts with figures on one time axis, 35 filings since 1991
Turnoverpeak €32.0m (2008)
-not published
Resultlowest -€977,626 (2016)
€146,366▼ 36.1%
Equitypeak €5.1m (2025)
€5.1m▲ 3.0%
Debts
€4.1m▲ 15.2%
Staffpeak 25.8 FTE (2015)
8.6 FTE▼ 9.5%
Board4 names since 2019
3 directorsKarine Merchiers and 2 others
Owners
25%IMMO DECLERCQ
Documentsfilings and deeds
31-07-2026on the last day
2025financial year
Result from €229,211 to €146,366Staff from 9.5 FTE to 8.6 FTE3 directors reappointed 31-07Debts from €3.6m to €4.1mCash from €53,809 to €128,244

Key points

from the 2025 annual accounts

Equity

€5.1m ▲ 3.0%

Meat & Storage DC has made a profit without a break since 2020.

Result

€146,366 ▼ 36.1%
€229,0002024€146,0002025

The result fell in 2025 from €229,211 to €146,366.

Turnover

≈ €2.4m estimated

The accounts state no turnover.

Staff

8.6 FTE from 25.8 in 2015

Between 2015 and 2025, 67% of the full-time equivalents disappeared.

Filings

35 annual accounts since 1991
AprilJune31 JulyOctober200020102020

Two of the last ten came late. The 2023 accounts came latest: 9 days after the end of the period.

At the same address

7 companies
  • Tripablanca establishment since 01-11-2024
  • CASTLE ICE seat since 11-12-2019
  • IMMO DE BRUWAAN seat since 30-04-2004

Checked score

83
Excellent
Financially stronger than 46% of micro companies in warehousing and transport support (NACE 52)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

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).

Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.8%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.3%▼ -0.5 percentage points vs 08-2025lowest value 10-2025: 0.3%● unchanged vs 09-2025lowest value 11-2025: 0.3%● unchanged vs 10-2025lowest value 12-2025: 0.3%● unchanged vs 11-2025lowest value 01-2026: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.3%● unchanged vs 01-2026lowest value 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026

Financial strength
Strong

Solvency
80-3equity 54.9% of total assets
Liquidity
35-6short-term debt 36.3% · cash 1.4%
Profitability
71-1return on assets 1.6%

Score breakdown

raises risk
Liquidity: current ratio 1.64, cash €128,244
Sector: Warehousing and support activities for transportation (NACE 52)
lowers risk
Founded in 1991
Equity €5.1m (54.9% of total assets)
Calculation

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).

Comparable companies, two years later

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.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

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.

Test of the method

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.

The companies in ten equal groups, from the lowest to the highest expected share
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.

Credit verdict

Credit of up to €410,000 on 30-day terms is acceptable

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.

Credit check for an amount and term of your choice

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.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.64, cash €128,244
NBB · annual accounts
lowers risk · Founded in 1991
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Warehousing and support activities for transportation (NACE 52)
KBO
lowers risk · Equity €5.1m (54.9% of total assets)
NBB · annual accounts
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
9 days late
2022
8 days late
2021
12 days early
2020
8 days early
2019
16 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

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.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DJ
Managing director
G
Managing director, Geert Declercq
KM
Director, since 21-11-2019
  • IMMO DECLERCQ 25%score 93equity €6.2m (2025) · 2025 annual accounts of IMMO DECLERCQ

Shares in 1 company, T.N.Y. - TRANS

Board & ownership

Recent changes

Environmental permit refused Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Verbouwen en/of uitbreiden zonder functiewijziging en met wijzigen van aantal woongelegenheden · Oudenaarde
Registered in the Peppol Directory Reachable for e-invoices through 0208:0443511120
Environmental permit granted Verwijderen van vrijstaande gebouwen · Oudenaarde
3 directors reappointed Jolien Declercq (managing director), Karine Merchiers and Geluk (managing director) · Permanent representative: Geert Declercq · General meeting of 12-06-2025 · Gazette deed
All 54 events

Comparable companies

same main activity, similar in size and age
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.

Official details

Source: KBO
Status
Active since 14-03-1991Normal situation
Activity
Warehousing and storageNACE 52100and 1 other
Establishment unit
2.052.182.2809700 Oudenaarde, since 29-03-1991
Financial year end
31 December
Peppol
Reachable since 02-10-2026
Company details

Annual accounts 2025

Total assets
€9.2m▲ 8.1%
Employeeson 31-12-2025
8▼ 11.1%
Filing
Filed on 31-07-2026, on the last day of the filing period
Financials

Insights on Meat & Storage DC

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.

Key facts about Meat & Storage DC

What is the company number of Meat & Storage DC?
The company number of Meat & Storage DC is 0443.511.120. The VAT number is the same number with BE in front: BE 0443.511.120.
Where is Meat & Storage DC based?
The registered office is at Paalstraat 10, 9700 Oudenaarde.Company details
What does Meat & Storage DC do?
According to the KBO register, the main activity is warehousing and storage (NACE 52100).
What is the legal form of Meat & Storage DC?
Meat & Storage DC is a public limited company (NV).
When was Meat & Storage DC founded?
Meat & Storage DC was founded on 14-03-1991.
Is Meat & Storage DC still active?
Yes, Meat & Storage DC is an active enterprise in the KBO register.
How many employees does Meat & Storage DC have?
Meat & Storage DC had an average of 8.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Meat & Storage DC?
The turnover in financial year 2025 is ≈ €2.4m. This figure is estimated from the gross margin of €1.4m and 1,584 comparable companies of the same size. It probably lies between €1.6m and €3.9m. It is a rough estimate. In financial year 2018 turnover was €2.5m.
Is Meat & Storage DC profitable?
In financial year 2025, Meat & Storage DC made a profit of €146,366.
Where can I find the annual accounts of Meat & Storage DC?
Meat & Storage DC filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Meat & Storage DC due?
Meat & Storage DC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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