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Meatrade

Active
Public limited companyfounded 1972active for 54 yearsNieuwstraat 2, 2840 Rumst, BelgiumKBO/BCE: BE 0412.642.651
Summary

Meatrade has been active since 1972 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €125,579 and a net result of €1,277. Equity remains stable across the filed financial years (±0.1% per year). Its solvency ranks better than 95% of 6,105 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Non-specialised wholesale trade
NACE 46900
3rd oldest company in Rumst, Wholesale and retail trade sector1 site
Size
€125,668total assets 2025
Equity
€125,579
Profit
€1,277
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Accounts filed 30 days late1 of 5 deeds read
Why 96raises riskSector: Wholesale trade (NACE 46)lowers riskFounded in 1972Liquidity: current ratio 540.30, cash €47,786Equity €125,579 (99.9% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 65% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 99.9% of total assets
Liquidity 98+41
short-term debt 0.1% · cash 38.0%
Profitability 40=
return on assets 1.0%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.4% (26,876 companies, NACE 46, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.2%▲ +0.1 percentage points vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.3 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.2 percentage points vs 07-2026 09-2026: < 0.1%▼ -0.3 percentage points vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €12,000 on 30-day terms is acceptable
short-term debt: 0.1% and cash: 38% of total assets, and 0.1% 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, micro): better than 90% on solvency, 94% on liquidity, 32% on profitability and 45% on growth.

The bankruptcy probability was computed on 18-10-2026 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

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1972
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 540.30, cash €47,786
NBB · annual accounts
lowers risk · Equity €125,579 (99.9% of total assets)
NBB · annual accounts
raises risk · Sector: Wholesale trade (NACE 46)
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
30 days late
2024
29 days late
2023
30 days late
2022
11 days late
2021
18 days late
2020
27 days late
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 25 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 (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 29 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
18-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Resignation: Michel Swenden (director)Appointment: Alexia Swenden (director) ·…
  3. Highest result from 2018 to 2025net €1,277 ▲1.9%

Key points

  • Caution: Among the weakest 14% on equitysector median €1.6m · 6,040 companies €125,579 View
  • Board changedlatest change 10-04-2026 · 3 in office 3 joined · 1 left View
  • Active since 1972founded 22-09-1972 54 years View

By topic

Financials

Financial year
2025
Total assets
€125,668
Profit
€1,277
Solvency
99.9%
Total assets▲ 1.0%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
  • Alexia SwendenDirector
  • Eric SwendenManaging director
  • Marie-Noël SwendenDirector
Go to Board & ownership

Timeline

Events
55
Since
1978
Next accounts
by 31-07-2027
  1. 29-08-2025Annual accounts filed
  2. 31-12-2024Back to profit
  3. 31-12-2024Liquidity more than doubled
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Non-specialised wholesale tradeNACE 46900
Founded
22-09-1972
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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