MEAT SUPPLY
MEAT SUPPLY has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.83M and a net result of €259k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 36% of 6007 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
| Equity | €1.83M |
| Net result | €259k |
| Staff (FTE) | 28.7 |
| Better than sector | 36% |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
How do we compute this?
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 | 30.3% | 41.8% | |
| Net result | €259k | €89k | |
| Equity | €1.83M | €1.19M | |
| Staff costs | €1.75M | €631k | |
| Employees (FTE) | 28.7 | 10.4 |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | full schema | full schema | full schema | full schema |
| Revenue | €14.93M | €14.80M | €13.91M | €11.54M |
| EBITDA | €969k | €660k | €357k | €514k |
| Net profit | €259k | €138k | €-114k | €10k |
| Cash flow | €736k | €574k | €337k | €472k |
| Staff costs | €1.75M | €1.72M | €1.76M | €1.88M |
| Income taxes | €96k | €21k | €369 | €11k |
| Dividends | €201k | - | - | - |
| Total assets | €6.02M | €6.55M | €5.89M | €5.48M |
| Equity | €1.83M | €1.77M | €1.63M | €1.74M |
| Debt | €4.20M | €4.78M | €4.26M | €3.74M |
| of which ≤ 1y | €2.88M | €3.34M | €3.17M | €2.47M |
| of which > 1y | €1.32M | €1.44M | €1.08M | €1.26M |
| Working capital | €1.32M | €1.07M | €995k | €1.01M |
| Employees (FTE) | 28.7 | 29.7 | 32.1 | 35.7 |
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 1.46 | 1.32 | 1.31 | 1.41 |
| Quick ratio | 0.98 | 0.88 | 0.88 | 0.94 |
| Working capital ratio | 21.9% | 16.4% | 16.9% | 18.5% |
| Solvency | 30.3% | 27.0% | 27.7% | 31.8% |
| Debt / equity | 2.30 | 2.70 | 2.61 | 2.14 |
| Long-term debt ratio | 0.72 | 0.81 | 0.66 | 0.72 |
| Interest coverage | 6.20 | 8.31 | 11.16 | 16.30 |
| Gross margin | 38.3% | 36.2% | 35.9% | 43.5% |
| Net margin | 1.7% | 0.9% | -0.8% | 0.1% |
| ROA | 4.3% | 2.1% | -1.9% | 0.2% |
| ROE | 14.2% | 7.8% | -7.0% | 0.6% |
| EBITDA margin | 6.5% | 4.5% | 2.6% | 4.4% |
| Days sales outstanding | 41d | 48d | 49d | 50d |
| Days payable outstanding | 38d | 43d | 45d | 49d |
| Inventory turnover | 6.62 | 6.34 | 6.41 | 5.57 |
| Days inventory (DSI) | 55d | 58d | 57d | 66d |
Full annual accounts (27 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €6.02M | €6.55M | €5.89M | €5.48M |
| Fixed assets | 21/28 | €1.83M | €2.14M | €1.72M | €1.99M |
| Intangible fixed assets | 21 | €9k | €10k | €27k | €60k |
| Tangible fixed assets | 22/27 | €1.80M | €2.11M | €1.68M | €1.92M |
| Financial fixed assets | 28 | €16k | €16k | €16k | €16k |
| Current assets | 29/58 | €4.20M | €4.42M | €4.17M | €3.49M |
| Stocks & contracts in progress | 3 | €1.39M | €1.49M | €1.39M | €1.17M |
| Amounts receivable within one year | 40/41 | €2.44M | €2.63M | €2.52M | €2.15M |
| Cash & bank | 54/58 | €328k | €270k | €232k | €141k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €6.02M | €6.55M | €5.89M | €5.48M |
| Equity | 10/15 | €1.83M | €1.77M | €1.63M | €1.74M |
| Contributions / capital | 10/11 | €1.11M | €1.11M | €1.11M | €1.11M |
| Reserves | 13 | €718k | €660k | €636k | €636k |
| Accumulated profits (losses) | 14 | - | €0 | €-114k | - |
| Provisions & deferred taxes | 16 | €2k | €3k | - | €0 |
| Amounts payable | 17/49 | €4.20M | €4.78M | €4.26M | €3.74M |
| Amounts payable after one year | 17 | €1.32M | €1.44M | €1.08M | €1.26M |
| Amounts payable within one year | 42/48 | €2.88M | €3.34M | €3.17M | €2.47M |
| Trade debts payable within one year | 44 | €955k | €1.11M | €1.09M | €877k |
| Income statement | |||||
| Turnover | 70 | €14.93M | €14.80M | €13.91M | €11.54M |
| Operating result | 9901 | €491k | €224k | €-93k | €52k |
| Financial income | 75 | €30k | €24k | €18k | €16k |
| Financial charges | 65 | €167k | €86k | €39k | €46k |
| Result before taxes | 9903 | €354k | €163k | €-114k | €21k |
| Income taxes | 67/77 | €96k | €21k | €369 | €11k |
| Net result for the period | 9904 | €259k | €138k | €-114k | €10k |
| Result to be appropriated | 9905 | €261k | €129k | €-114k | €10k |
-
Wilssens EtienneDirectorState Gazette act 23160036 (14-12-2023)Current14-12-2023 → present
| NACE primary | Wholesale of meat and meat products, excluding game and poultry(46321) |
| Legal form | Public limited company(014) |
| Incorporation | 12-07-1988 |
| Status | Active |
| Postal code | 9160 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46014A1054/00R000 | Flanders | 829 m² | 1 · 265 m² | 7.5 m · 1 fl. |
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
14-12-2023 2 directors appointed
- Elke De Vriendt, Commissaris
- Wilssens Etienne, Bestuurder
Technical details
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}12-12-2023 Transaction in capital or shares
Technical details
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"expedition",
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}16-11-2023 Publication in the Belgian Official Gazette, Minor change
Technical details
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}| Legal nameNL | MEAT SUPPLY |