Turnover
The accounts state no turnover.
The accounts state no turnover.
Of this, €287,593 falls due within a year.
Less equity than 85% of companies in food products. Sector median €2.1m · 792 companies.
The dashed line is the sector median: 1.1% across 3,080 companies (NACE 10, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 10, micro). It does better than 38% of them on solvency, 63% on liquidity and 61% on profitability.
The bankruptcy probability was computed on 09-11-2026 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 moderate class on 30-06-2025, 2.4% 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).
In July 2024, 2,390 companies had the same profile as MeatXpert has now. Each dot stands for 6 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MeatXpert itself is higher: 2.5% within 12 months. It rests on far more data about MeatXpert than the profile alone.
The method was tested on the 497,447 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.
| 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 2,390 companies, not a prediction for MeatXpert. 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.
Liquidity is tight, with a current ratio of 1.3, below the usual 1.5. Short-term debt is 75.8% and cash 46% of total assets. 78.9% of the assets are financed with debt and provisions.
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.
| Company | ||||
|---|---|---|---|---|
| MeatXpert Nassogne | €0.4m | €1.4m | 21.1% | - |
| SELECT MEAT WORKING Oosterzele | €0.6m | €1.5m | 3.5% | - |
| DCM SOLUTION Wetteren | €0.2m | €1.1m | -2.5% | 23.3 |
| Aicha Express Lede | €0.4m | €0.6m | 57.7% | - |
| L&M EVOLUTION Geel | €0.4m | €1.0m | -37.0% | - |
| BEGLOBAL Ghent | €0.4m | €1.2m | 41.6% | 20 |
| Boucherie Dumont Vaux-sur-Sûre | €1.2m | €0.8m | 45.4% | 7.7 |
These companies have the same main activity as MeatXpert: manufacture of food products (NACE 10111). They are comparable in size and age: total assets between €200,000 and €1.2m, founded between 2022 and 2024.
The computed 12-month bankruptcy probability of MeatXpert is 2.5% (moderate). The 2025 annual accounts show equity of €79,960 and a net result of €59,960.
Its solvency ranks better than 26% of 792 sector peers (NACE 10, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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