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MEAT SUPPLY

Active
Public limited companyfounded 1988active for 38 yearsKaarderslaan 4, 9160 Lokeren, BelgiumKBO/BCE: BE 0434.855.255
Summary

MEAT SUPPLY has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.8m and a net result of €258,626. Equity remains stable across the filed financial years (±1.8% per year). Its solvency ranks better than 34% of 6,105 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Activity
Wholesale of meat and meat products, excluding game and poultry
NACE 46321Manufacture of food products NACE 10130
1 site
Size
€14.9mturnover 2024
Staff
28.7 FTE
Equity
€1.8m
Profit
€258,626
Financial health
54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.5%
Structure
Parent
HAMLAND · 99.74%
Accounts 81 days overdue0 of 12 deeds read
Why 54raises riskCapped at 59: a confirmed filing findingLiquidity: current ratio 1.45, cash €281,805Latest accounts 75 days late; 1 of the last 3 lateSize: turnover €13.3m, 28.4 FTE, total assets €5.9mlowers riskFounded in 1988Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 32% of its sector peers (NACE 46, small)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Average
Solvency 55+3
equity 30.3% of total assets
Liquidity 33+3
short-term debt 47.8% · cash 5.4%
Profitability 65+5
return on assets 4.3%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,381 companies, NACE 46, small)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.4%▼ -0.1 percentage points 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: 0.6%▲ +0.2 percentage points vs 06-2025 08-2025: 0.3%▼ -0.3 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.2%▼ -0.1 percentage points vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026lowest value 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026 08-2026: 0.6%▲ +0.3 percentage points vs 07-2026 09-2026: 0.7%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.5%▼ -0.2 percentage points vs 09-2026
Credit of up to €95,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity tight (current ratio 1.46, compared with 1.32 in 2023, below the usual 1.5; short-term debt: 47.8% and cash: 5.4% of total assets), and 69.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, small): better than 35% on solvency, 36% on liquidity, 35% on profitability and 23% on growth.

The bankruptcy probability was computed on 19-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Founded in 1988
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 1.45, cash €281,805
NBB · annual accounts
raises risk · Latest accounts 75 days late; 1 of the last 3 late
NBB · filings
raises risk · Size: turnover €13.3m, 28.4 FTE, total assets €5.9m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €1.8m
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 81 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline20-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-07-2025, 20 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
20 days early
2023
21 days early
2022
60 days late
2021
81 days late
2020
61 days late
2019
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 37 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · full…
  2. Annual accounts filedfinancial year 2023 · full…
  3. Back to profitnet €138,433

Key points

  • Positive: Result rose in 2024from €138,433 to €258,626 ▲ 86.8% View
  • Caution: Accounts not fileddeadline was 31-07-2026 81 days late View
  • Positive: 4 years of growth in a rowturnover 2024: €14.9m 4 years View
  • Controlled by HAMLAND 99.74% View

By topic

Financials

Financial year
2024
Turnover
€14.9m
Profit
€258,626
Solvency
30.3%
Turnover▲ 0.9%
Net result
20182024
Go to Financials

Timeline

Events
38
Since
1990
  1. 29-09-2023Annual accounts filed
  2. 31-12-2022Weakest financial year
  3. 20-10-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale of meat and meat products, excluding game…NACE 46321
Founded
12-07-1988
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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