Quality Halal Meat
ActiveThe computed 12-month bankruptcy probability of Quality Halal Meat is 2.9% (moderate). The 2024 annual accounts show equity of €15k and a net result of €-10k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 70% of 9982 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-16
Solvency86▼-11
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
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.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
61%
Return on assets
-43.5%
Age of the figures
21 mo
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 2024Net result per financial year
20222324
2020 to 2024 · latest year €-10k
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 filingsDeviation 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 →
Financials · fiscal year 2024, micro schema
Turnover
€58k
EBIT margin
-7.7%
Net result
€-10k▼ 1,426%
2023 · €-687
2020: €-5k
2022: €-4k
2023: €-687
2020 → 2024
Working capital
€15k▲ 4.4%
2023 · €14k
2020: €-5k
2022: €14k
2023: €14k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2020202220232024Trend
Turnover€58k-
Equity€-5k-€26k€25k▼ 2.7%€15k▼ 41.6%
Operating result€-4k-€-4k▲ 8.2%€-877▲ 78.7%€-11k▼ 1,167%
Net result€-5k-€-4k▲ 17.6%€-687▲ 82.0%€-10k▼ 1,426%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2024 against €877 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €24k
Equity
€15k▼ 41.6%
Debt
€9k▼ 5.7%
The debt ratio rises from 28.3% to 39.0%. Equity and debt are lower.
Key figures and ratios
Solvency
61.0%▼
2023 · 71.7%
Current ratio
2.57▲
2023 · 2.41
Quick ratio
2.57▲
2023 · 2.41
Debt / equity
0.64▲
2023 · 0.40
ROE
-71.2%▼
2023 · -2.7%
ROA
-43.5%▼
2023 · -2.0%
Debt
€9k▼
2023 · €10k
Debt ≤ 1 year
€9k▼
2023 · €10k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€35k€24k▼
Fixed assets21/28€11k-
Tangible fixed assets22/27€11k-
Furniture and vehicles24€11k-
Current assets29/58€24k€24k▲
Amounts receivable within one year40/41€24k€24k▲
Trade receivables40€13k€13k=
Other amounts receivable41€11k€11k▲
Equity and liabilities
Total equity and liabilities10/49€35k€24k▼
Equity10/15€25k€15k▼
Contributions10/11€2k€2k=
Profit (loss) carried forward14€23k€13k▼
Amounts payable17/49€10k€9k▼
Amounts payable within one year42/48€10k€9k▼
Financial debts43-€6k
Credit institutions430/8-€6k
Trade debts44€9k€3k▼
Suppliers440/4€9k€3k▼
Taxes, remuneration and social security45€573-
Taxes450/3€573-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€877-
Non-recurring operating charges66A-€11k
Gross operating margin9900€0-
Operating profit (loss)9901€-877€-11k▼
Financial income75/76B€580€683▲
Recurring financial income75€580€683▲
Financial charges65/66B€390€56▼
Recurring financial charges65€390€56▼
Profit (loss) for the period before taxes9903€-687€-10k▼
Profit (loss) for the period9904€-687€-10k▼
Profit (loss) for the period to be appropriated9905€-687€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€23k€13k▼
Profit (loss) brought forward from the previous period14P€24k€23k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
20-03
State Gazette act
Registered office · Resignations & appointmentsGeneral meeting · Director resignation · Director discharge5 facts ▸
State Gazette act
Registered office · Resignations & appointments
General meeting · Director resignation · Director discharge5 facts ▸
- General meeting, 30/12/2025
- Director resignation, Belahcen Khalid (bestuurder)
- Director discharge, Belahcen Khalid
- Director appointment, Kaluzny Jaroslaw Jan (bestuurder)
- Registered-office move, Leuvensesteenweg 246 bus 1 1932 Zaventem
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series.
31-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 153 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Liquidity quadruplescurrent ratio 2.45
Current ratio from 0.67 to 2.45; short-term debt falls from €14k to €10k.
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2026
Kaluzny Jaroslaw Jan
CurrentDirector · since 01-01-2026
01-01-2026
Kaluzny Jaroslaw Jan: Appointed as Director
01-01-2026
Belahcen Khalid: Resigned as Director
Location & real-estate footprint
Registered office, Zaventem · 1 establishment unit since 2019
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.
Leuvensesteenweg 2461932 ZaventemGround area
535 m²
Building footprint
264 m²
Volume, LiDAR
2,306 m³
2 parcels, Brussels, Flanders · tallest building 15.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
QHM
since 20192.297.026.514
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23078A0472/00L000 | Flanders | 461 m² | 1 · 192 m² | 10.8 m · 3 fl. |
| 21372C0030/00Y002indicative | Brussels | 74 m² | 1 · 72 m² | 15.0 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEvere2.297.026.514
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HKM Construct
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Grimbergen · Eq €15k
Of 29,810 companies in sector 41001 we hold annual accounts for 16,041. 10,630 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-12-2019
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
46831Wholesale of construction materials, general range
43230Insulation installation
46389Wholesale of other food products
46900Non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.