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Quality Halal Meat

Active
Private limited companyfounded 20196 yrs activeLeuvensesteenweg 246, 1932 Zaventem, BelgiumKBO/BCE: BE 0739.963.609
Summary

The computed 12-month bankruptcy probability of Quality Halal Meat is 11.2% (high). The 2024 annual accounts show equity of €14,722 and a net result of -€10,485. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 70% of 9971 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001Wholesale of construction materials, general range NACE 46831
1 site
Size
€24,117total assets 2024
Equity
€14,722
Loss
-€10,485
Turnover not published (abridged schema)
Financial health
31 Weak Checked score 2024
Bankruptcy chance 12 m
11.2%
Structure
Board
2 members
Accounts 64 d overdue2 of 3 deeds read
Why 31- 1 change of registered office in 24 months- Figures for FY 2024 (filed 28-08-2025)- 1 financial year not filed after the legal deadline; latest accounts 28 days late; 2 of the last 3 late- Sector Construction of residential and non-residential buildings (NACE 41)Show the evidence

Checked score

Score 2024
31 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 39% of its sector peers (NACE 41, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Average
Solvency 86-11
equity 61.0% of total assets
Liquidity 64-13
short-term debt 39.0%
Profitability 0-16
return on assets -43.5%
Bankruptcy probability, 12 months
11.2% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,211 companies)
Last 24 months 11-2024: 7.2% 12-2024: 7.9%▲ +8.8% vs 11-2024 01-2025: 10.0%▲ +27.7% vs 12-2024 02-2025: 6.8%▼ -32.0% vs 01-2025 03-2025: 7.0%▲ +3.0% vs 02-2025 04-2025: 6.8%▼ -3.5% vs 03-2025 05-2025: 6.8%▲ +0.3% vs 04-2025 06-2025: 6.6%▼ -3.2% vs 05-2025 07-2025: 6.2%▼ -6.6% vs 06-2025 08-2025: 6.6%▲ +6.6% vs 07-2025 09-2025: 4.6%▼ -30.5% vs 08-2025 10-2025: 4.6%● 0.0% vs 09-2025 11-2025: 4.6%● 0.0% vs 10-2025 12-2025: 4.6%▲ +1.6% vs 11-2025 01-2026: 4.7%▲ +2.4% vs 12-2025 02-2026: 4.7%● 0.0% vs 01-2026 03-2026: 4.2%▼ -10.6% vs 02-2026lowest value 04-2026: 6.2%▲ +45.3% vs 03-2026 05-2026: 6.3%▲ +2.0% vs 04-2026 06-2026: 6.1%▼ -2.8% vs 05-2026 07-2026: 6.1%● -0.0% vs 06-2026 08-2026: 7.1%▲ +16.1% vs 07-2026 09-2026: 7.8%▲ +9.4% vs 08-2026 10-2026: 11.2%▲ +44.8% vs 09-2026highest value
  • 1 change of registered office in 24 months raises the probability
  • Figures for FY 2024 (filed 28-08-2025) raises the probability
  • 1 financial year not filed after the legal deadline; latest accounts 28 days late; 2 of the last 3 late raises the probability
  • Sector Construction of residential and non-residential buildings (NACE 41) raises the probability
No publishable credit limit; credit only on tighter terms
Liquidity ample (current ratio 2.57 against 2.41 in 2023; short-term debt: 39% of total assets), and 39% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 41, micro). Better than this share of them on solvency 70%, liquidity 69%, profitability 5%, growth against the median 12%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Figures for FY 2024 (filed 28-08-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 28 days late; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Sector Construction of residential and non-residential buildings (NACE 41)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
20222324
2020 to 2024 · latest year -€10,485
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
28 d late
2023
153 d late
2022
60 d late
2020
32 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 52 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
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
  1. Resignation: BALAHCEN Khalid (director)Appointment: KALUZNY Jaroslaw (director)
  2. Resignation: Belahcen Khalid (director)Appointment: Kaluzny Jaroslaw Jan (director)…
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: 4 loss-making years in a rowloss fiscal year 2024 -€10,485 View
  • Caution: Among the weakest 14% on net resultsector median €7,819 · 9,959 companies -€10,485 View
  • Caution: Accounts not fileddeadline was 31-07-2026 64 d late View
  • Board changedlatest change 01-01-2026 · 2 in office 1 joined · 1 left View

By topic

Financials

Fiscal year
2024
Total assets
€24,117
Loss
-€10,485
Solvency
61.0%
Go to Financials

Timeline

Events
8
Since
2021
  1. 30-04-2026Resignation: BALAHCEN Khalid (director)
  2. 20-03-2026Resignation: Belahcen Khalid (director)
  3. 28-08-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
23-12-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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