PORC MEAT ZELE

Inactive

KBO/BCE: BE 0477.640.470

PORC MEAT ZELE was declared bankrupt on 23-12-2021 (Ondernemingsrechtbank Gent, afdeling Dendermonde); the bankruptcy was closed by liquidation by judgment of 05-05-2025, published in the Belgian State Gazette on 09-05-2025.

No longer registered with the KBO; last annual accounts for fiscal year 2016.

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Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Prior bankruptcy

Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.

Belgian State Gazette

No filing for years

The last filed financial year closed on 31-12-2016. Since then, 9 financial years are missing. This points to a standstill, not an imminent failure.

NBB · 10 filings

Position against the passed deadline

31-12-2017 close31-07-2018 deadline22-09-2026 today

Filed more than 90 days late

The financial year that closed on 31-12-2016 was due by 31-07-2017 and was filed on 29-11-2017, 121 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

not filed

2021

not filed

2020

not filed

2019

not filed

← before the deadline after the deadline →

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 2016, abbreviated schema

Equity

€-316k

2015 · €90k

2012: €283k 2013: €-150k 2014: €216k 2015: €90k

2012 → 2016

Total assets

€4.49M▼ 12.6%

2015 · €5.14M

2012: €1.88M 2013: €2.28M 2014: €2.68M 2015: €5.14M

2012 → 2016

Net result

€-407k▼ 224%

2015 · €-126k

2012: €106k 2013: €-433k 2014: €365k 2015: €-126k

2012 → 2016

Working capital

€-400k

2015 · €12k

2012: €-54k 2013: €-370k 2014: €-157k 2015: €12k

2012 → 2016

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20122013201420152016Trend

Equity€283k-€-150k€216k€90k▼ 58.2%€-316k

Operating result€164k-€-374k€419k€-86k€-301k▼ 250%

Net result€106k-€-433k€365k€-126k€-407k▼ 224%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €301k in 2016 against €86k in 2015; the loss grows.

Balance-sheet composition

2016 in colour, 2015 as the grey bar beneath

Assets €4.49M

68.7%

31.3%

Fixed assets €3.09M▼ 5.5%

Current assets €1.40M▼ 25.1%

Key figures and ratios

2016 value · change against 2015

EBITDA

€722k▼

2015 · €931k

Cash flow

€617k▼

2015 · €892k

Solvency

-7.0%▼

2015 · 1.8%

Current ratio

0.78▼

2015 · 1.01

Quick ratio

0.59▼

2015 · 0.87

Debt / equity

-9.36▼

2015 · 34.76

ROA

-9.1%▼

2015 · -2.4%

Debt

€4.81M▼

2015 · €5.05M

Debt ≤ 1 year

€1.80M▼

2015 · €1.86M

Debt > 1 year

€2.96M▼

2015 · €3.14M

Income taxes

€89▲

2015 · €-2k

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 · 2016 against 2015

Balance sheet Code20152016

Assets

Total assets20/58€5.14M€4.49M▼

Fixed assets21/28€3.27M€3.09M▼

Tangible fixed assets22/27€3.27M€3.09M▼

Current assets29/58€1.88M€1.40M▼

Stocks and contracts in progress3€259k€342k▲

Amounts receivable within one year40/41€836k€884k▲

Cash at bank and in hand54/58€514k€52k▼

Equity and liabilities

Total equity and liabilities10/49€5.14M€4.49M▼

Equity10/15€90k€-316k▼

Contributions10/11€225k€225k=

Reserves13€23k€23k=

Profit (loss) carried forward14€-157k€-564k▼

Amounts payable17/49€5.05M€4.81M▼

Amounts payable after more than one year17€3.14M€2.96M▼

Amounts payable within one year42/48€1.86M€1.80M▼

Trade debts44€1.23M€1.14M▼

Income statement Code20152016

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.02M€1.02M▲

Gross operating margin9900€1.79M€1.39M▼

Operating profit (loss)9901€-86k€-301k▼

Recurring financial income75€686€57▼

Recurring financial charges65€61k€105k▲

Profit (loss) for the period before taxes9903€-127k€-407k▼

Income taxes67/77€-2k€89▲

Profit (loss) for the period9904€-126k€-407k▼

Profit (loss) for the period to be appropriated9905€-126k€-407k▼

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Timeline · acts, filings and financial milestones

All 15Signals 2Financial 3Filings 10

2025

09-05

Bankruptcy Bankruptcy closure (by liquidation)

Ondernemingsrechtbank Gent, afdeling Dendermonde · PORC MEAT ZELE NV BAAIKENSSTRAAT 2, 9240 ZELE · event 05-05-2025

2021

29-12

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Dendermonde · PORC MEAT ZELE NV BAAIKENSSTRAAT 2, 9240 ZELE · event 23-12-2021

2017

29-11

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema · 121 days late

2016

29-08

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema · 29 days late

2015

31-08

NBB filing Annual accounts filed

fiscal year 2014 · abbreviated schema · 31 days late

2014

31-12

Financial Back to profitnet €365k

Net result €365k after one loss-making year.

31-12

Financial Equity above €200kEq €216k

Equity rises from €-150k to €216k.

11-07

NBB filing Annual accounts filed

fiscal year 2013 · abbreviated schema

2013

31-12

Financial Weakest financial yearnet €-433k ▼507%

Net result drops to €-433k, the lowest in the series.

26-08

NBB filing Annual accounts filed

fiscal year 2012 · abbreviated schema · 26 days late

2012

15-06

NBB filing Annual accounts filed

fiscal year 2011 · abbreviated schema

2011

19-08

NBB filing Annual accounts filed

fiscal year 2010 · abbreviated schema · 19 days late

2010

11-06

NBB filing Annual accounts filed

fiscal year 2009 · abbreviated schema

2009

26-06

NBB filing Annual accounts filed

fiscal year 2008 · abbreviated schema

2008

30-06

NBB filing Annual accounts filed

fiscal year 2007 · abbreviated schema

SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

13 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

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.

Insolvency mandates

2 mandates

Role	Name	Tenure
Curator	MARGA PIETERS AFFLIGEMDREEF 144, 9300 AALST- ↔ Also on 144 other cases	23-12-2021 → present
Curator	JUUL CREYTENS LEOPOLDLAAN 15, 9200 DENDERMONDE	23-12-2021 → present