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MEAT & TASTE

Active
Public limited companyfounded 200718 yrs activeGroendreef 10, 9880 Aalter, BelgiumKBO/BCE: BE 0894.061.569

MEAT & TASTE has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-8k) and a net result of €-29k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 9623 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2024
27 / 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency21▼-18
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.92 against 1.1 in 2023; short-term debt: 104.4% of total assets), and equity is negative.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-4.4%
Return on assets
-16.4%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 18 years 0 20 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €-8k
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 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
44 d early
2023
36 d early
2022
21 d early
2021
20 d early
2020
39 d early
2019
22 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity
€-8k
2023 · €21k
2018: €21k 2019: €-15k 2020: €-25k 2021: €-99k 2022: €-116k 2023: €21k
2018 → 2024
Total assets
€175k▲ 17.6%
2023 · €149k
2018: €241k 2019: €229k 2020: €179k 2021: €126k 2022: €103k 2023: €149k
2018 → 2024
Net result
€-29k
2023 · €137k
2018: €-71k 2019: €-36k 2020: €-10k 2021: €-74k 2022: €-18k 2023: €137k
2018 → 2024
Working capital
€-14k
2023 · €13k
2018: €-118k 2019: €-131k 2020: €-109k 2021: €-157k 2022: €-146k 2023: €13k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€-25k-€-99k▼ 296%€-116k▼ 17.8%€21k€-8k
Operating result€-8k-€-73k▼ 767%€-28k▲ 62.5%€152k€-31k
Net result€-10k-€-74k▼ 654%€-18k▲ 76.2%€137k€-29k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€0€100k€200kOperating result 2020: €-8k€-8kNet result 2020: €-10k€-10kOperating result 2021: €-73k€-73kNet result 2021: €-74k€-74kOperating result 2022: €-28k€-28kNet result 2022: €-18k€-18kOperating result 2023: €152k€152kNet result 2023: €137k€137kOperating result 2024: €-31k€-31kNet result 2024: €-29k€-29k20202021202220232024
The operating result turns negative in 2024: a loss of €31k after €152k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €175k
Fixed assets €6k▼ 21.5%
Current assets €169k▲ 19.8%
Key figures and ratios
2024 value · change against 2023
EBITDA
€-27k
2023 · €174k
Cash flow
€-25k
2023 · €159k
Solvency
-4.4%
2023 · 14.1%
Current ratio
0.92
2023 · 1.10
Quick ratio
0.81
2023 · 0.97
Debt / equity
-23.48
2023 · 6.10
ROA
-16.4%
2023 · 92.0%
Interest coverage
-190.02
2023 · 42.02
Debt
€183k
2023 · €128k
Debt ≤ 1 year
€183k
2023 · €128k
Staff costs
€297k
2023 · €285k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€149k€175k
Fixed assets21/28€8k€6k
Tangible fixed assets22/27€8k€6k
Plant, machinery and equipment23€6k€5k
Other tangible fixed assets26€2k€821
Current assets29/58€141k€169k
Stocks and contracts in progress3€16k€21k
Stocks30/36€16k€21k
Amounts receivable within one year40/41€97k€148k
Trade receivables40€16k€148k
Other amounts receivable41€82k€124
Cash at bank and in hand54/58€28k-
Equity and liabilities
Total equity and liabilities10/49€149k€175k
Equity10/15€21k€-8k
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€-47k€-76k
Amounts payable17/49€128k€183k
Amounts payable within one year42/48€128k€183k
Trade debts44€22k€98k
Suppliers440/4€22k€98k
Taxes, remuneration and social security45€104k€78k
Taxes450/3€56k€24k
Remuneration and social security454/9€49k€54k
Other amounts payable47/48€2k€7k
Income statement Code20232024
Non-recurring operating income76A€105k-
Remuneration, social security and pensions62€285k€297k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€4k
Other operating charges640/8€1k€624
Gross operating margin9900€460k€271k
Operating profit (loss)9901€152k€-31k
Financial income75/76B-€2k
Recurring financial income75-€2k
Financial charges65/66B€4k€141
Recurring financial charges65€4k€141
Profit (loss) for the period before taxes9903€148k€-29k
Income taxes67/77€11k-
Profit (loss) for the period9904€137k€-29k
Profit (loss) for the period to be appropriated9905€137k€-29k
Appropriation of the result
Profit (loss) to be appropriated9906€-47k€-76k
Profit (loss) brought forward from the previous period14P€-184k€-47k
Social balance
Average headcount (FTE)908710.08.1

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

2025
17-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Back to profitnet €137k
Net result €137k after 5 loss-making years.
31-12
Financial Liquidity triplescurrent ratio 1.10
Current ratio from 0.33 to 1.10; short-term debt falls from €220k to €128k.
10-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
11-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Weakest financial yearnet €-74k
Net result drops to €-74k, the lowest in the series; recovery starts the following year.
22-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
09-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
18-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
07-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
17-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Aalter · 2 establishment units since 2008
establishment All 2 establishment units on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Groendreef 109880 Aalter
Ground area
2.8 ha
Building footprint
1.5 ha
Volume, LiDAR
101,922 m³
3 parcels, Flanders · tallest building 23.6 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
BUURTSLAGERS
Korte Gasthuisstraat 38, 2300 TurnhoutRetail sale of meat and meat products, excluding game and poultry
since 20082.170.358.766
Buurtslagers
Bergstraat(DKL) 40, 9170 Sint-Gillis-WaasRetail sale of meat and meat products, excluding game and poultry
since 20102.185.877.875
3 parcels
Flanders 3 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44503H0052/00C000 Flanders 1.4 ha 1 · 9,001 m² 11.4 m · 3 fl.
13453T0376/00X000 Flanders 8,341 m² 1 · 4,306 m² 8.8 m · 2 fl.
46005A0012/00C051 Flanders 6,274 m² 1 · 1,633 m² 23.6 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 3 entries · 2,607 EUR awarded · 2,607 EUR paid
Year Entries awardedpaid
2025 1 937 EUR937 EUR
2023 1 1,022 EUR1,022 EUR
2022 1 648 EUR648 EUR
Schemes
Vlaams opleidingsverlof (VOV)
3 entries · 2,607 EUR · 2,607 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Food safety, FASFC

2 sites · 2 with a smiley
Sint-Gillis-Waas2.185.877.875
1 permission · smiley 2027NL00109 valid until 10-06-2027
Toelating · Vleeswinkel · since 28-04-2017
Turnhout2.170.358.766
1 permission · smiley 2029NL00057 valid until 22-05-2029
Toelating · Vleeswinkel · since 10-02-2008

Similar companies · same sector, comparable size

Of 3,041 companies in sector 47221 we hold annual accounts for 1,561. 1,040 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded10-12-2007
Fiscal year end31-12
Activities, NACEBEL
47221Retail sale of meat and meat products, excluding game and poultry
52220
47120Other non-specialised retail sale
47222Retail trade
47910Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.