Q-MEAT

Inactive

KBO/BCE: BE 0446.099.139

Inactive; last annual accounts for fiscal year 2009.

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Signals

1 signal. The signal on the left, the evidence on the right.

○neutral

Latest accounts filed on time

The financial year that closed on 31-12-2009 was due by 31-07-2010 and was filed on 27-04-2010, 95 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2009

95 d early

2008

80 d early

2007

69 d early

2006

83 d early

2005

130 d early

2004

97 d early

2003

124 d early

← before the deadline after the deadline →

Checked, nothing found (1)

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 2009, full schema

Turnover

€10.44M▼ 20.7%

2008 · €13.16M

2006: €10.29M 2007: €10.64M 2008: €13.16M

2006 → 2009

EBIT margin

1.8%▲ 3.9pp

2008 · -2.1%

2006: -0.7% 2007: 1.7% 2008: -2.1%

2006 → 2009

Net result

€177k

2008 · €-218k

2006: €239k 2007: €768k 2008: €-218k

2006 → 2009

Working capital

€1.10M▲ 29.2%

2008 · €850k

2006: €753k 2007: €1.17M 2008: €850k

2006 → 2009

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2006200720082009Trend

Turnover€10.29M-€10.64M▲ 3.4%€13.16M▲ 23.7%€10.44M▼ 20.7%

Equity€2.22M-€2.96M▲ 33.3%€2.63M▼ 11.2%€2.80M▲ 6.7%

Operating result€-73k-€177k€-277k€185k

Net result€239k-€768k▲ 222%€-218k€177k

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2009: €185k after a loss of €277k in 2008, the highest result in the available series.

Balance-sheet composition

2009 in colour, 2008 as the grey bar beneath

Assets €5.44M

58.9%

41.1%

Fixed assets €3.21M ▼ 10.4%

Current assets €2.24M ▼ 20.7%

Equity and liabilities €5.44M

51.5%

48.4%

Equity €2.80M ▲ 6.7%

Provisions €6k ▼ 14.9%

Debt €2.64M ▼ 30.0%

Debt's share of the balance-sheet total falls from 58.9% to 48.4%. Equity is higher and debt is lower.

Key figures and ratios

2009 value · change against 2008

EBITDA

€603k▲

2008 · €233k

Cash flow

€595k▲

2008 · €293k

Current ratio

1.97▲

2008 · 1.43

Debt to equity

0.54▼

2008 · 0.69

ROE

6.3%▲

2008 · -8.3%

ROA

3.2%▲

2008 · -3.4%

Interest coverage

16.64▲

2008 · 1.90

Debt ≤ 1 year

€1.14M▼

2008 · €1.97M

Debt > 1 year

€1.50M▼

2008 · €1.80M

Income taxes

€5k▲

2008 · €22

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2009 against 2008 · 29 lines

Balance sheet Code20082009

Assets

Total assets20/58€6.40M€5.44M▼

Fixed assets21/28€3.58M€3.21M▼

Intangible fixed assets21€437€107▼

Tangible fixed assets22/27€3.58M€3.21M▼

Financial fixed assets28€359€359=

Current assets29/58€2.82M€2.24M▼

Stocks and contracts in progress3€608k-

Amounts receivable within one year40/41€2.15M€2.12M▼

Cash at bank and in hand54/58€57k€115k▲

Equity and liabilities

Total equity and liabilities10/49€6.40M€5.44M▼

Equity10/15€2.63M€2.80M▲

Contributions10/11€1.25M€1.25M=

Reserves13€1.36M€1.54M▲

Provisions and deferred taxes16€6k€6k▼

Amounts payable17/49€3.77M€2.64M▼

Amounts payable after more than one year17€1.80M€1.50M▼

Amounts payable within one year42/48€1.97M€1.14M▼

Trade debts44€1.41M€754k▼

Income statement Code20082009

Turnover70€13.16M€10.44M▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€511k€418k▼

Operating profit (loss)9901€-277k€185k▲

Recurring financial income75€15k€16k▲

Recurring financial charges65€137k€43k▼

Debt charges650€123k€36k▼

Profit (loss) for the period before taxes9903€-388k€180k▲

Income taxes67/77€22€5k▲

Profit (loss) for the period9904€-218k€177k▲

Profit (loss) for the period to be appropriated9905€111k€196k▲

Appropriation of the result

Return on contributions (dividend)694€110k-

Timeline · acts, filings and financial milestones

All 14Financial 3Gazette 1Filings 10

2010

23-07

State Gazette act General meeting · Merger

Capital increase · Capital · Paul Flies

27-04

NBB filing Annual accounts filed

fiscal year 2009 · full schema

2009

31-12

Financial Back to profitnet €177k

Net result €177k after one loss-making year.

12-05

NBB filing Annual accounts filed

fiscal year 2008 · full schema

2008

31-12

Financial Weakest financial yearnet €-218k

Net result drops to €-218k, the lowest in the series.

23-05

NBB filing Annual accounts filed

fiscal year 2007 · full schema

2007

31-12

Financial Highest result since 2006net €768k ▲222%

Net result €768k, the highest in the series.

09-05

NBB filing Annual accounts filed

fiscal year 2006 · full schema

2006

23-03

NBB filing Annual accounts filed

fiscal year 2005 · full schema

2005

25-04

NBB filing Annual accounts filed

fiscal year 2004 · abbreviated schema

2004

29-03

NBB filing Annual accounts filed

fiscal year 2003 · abbreviated schema

2003

25-04

NBB filing Annual accounts filed

fiscal year 2002 · abbreviated schema

2002

20-03

NBB filing Annual accounts filed

fiscal year 2001 · abbreviated schema

2001

11-05

NBB filing Annual accounts filed

fiscal year 2000 · abbreviated schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 6 acts read

About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Structure & network

Acquisitions and mergers

1 transaction

Taken over by:Q-food

BE 0431.890.124State Gazette act of 23-07-2010