SD.MEAT
ActiveThe computed 12-month bankruptcy probability of SD.MEAT is 2.8% (moderate). The 2024 annual accounts show negative equity (€-51k) and a net result of €-42k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 26052 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
18
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0▼-11
Growth32=
Track record100
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.36 against 0.6 in 2023; short-term debt: 174.2% and cash: 8.6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
-74.2%
Return on assets
-61.5%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-51k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-09-2025, 42 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
42 d late
2023
14 d late
2022
83 d early
2021
26 d early
2020
47 d early
2019
36 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-51k▼ 483%
2023 · €-9k
2018: €19k
2019: €23k
2020: €35k
2021: €30k
2022: €37k
2023: €-9k
2018 → 2024
Total assets
€69k▲ 7.4%
2023 · €64k
2018: €107k
2019: €84k
2020: €76k
2021: €59k
2022: €70k
2023: €64k
2018 → 2024
Net result
€-42k▲ 6.8%
2023 · €-45k
2018: €93
2019: €4k
2020: €12k
2021: €-5k
2022: €7k
2023: €-45k
2018 → 2024
Working capital
€-77k▼ 166%
2023 · €-29k
2018: €-11k
2019: €-23k
2020: €-7k
2021: €-2k
2022: €9k
2023: €-29k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€35k-€30k▼ 14.7%€37k▲ 22.8%€-9k€-51k▼ 483%
Operating result€11k-€-5k€7k€-44k€-40k▲ 9.1%
Net result€12k-€-5k€7k€-45k€-42k▲ 6.8%
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 €40k in 2024 against €44k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €69k
Fixed assets
€26k▲ 28.4%
Current assets
€43k▼ 2.2%
Key figures and ratios
EBITDA
€-34k▲
2023 · €-36k
Cash flow
€-37k▲
2023 · €-38k
Solvency
-74.2%▼
2023 · -13.7%
Current ratio
0.36▼
2023 · 0.60
Quick ratio
0.26▼
2023 · 0.42
Debt / equity
-2.35▲
2023 · -8.31
ROA
-61.5%▲
2023 · -70.9%
Interest coverage
-11.18▲
2023 · -15.30
Debt
€120k▲
2023 · €73k
Debt ≤ 1 year
€120k▲
2023 · €73k
Staff costs
€61k▼
2023 · €105k
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€64k€69k▲
Fixed assets21/28€20k€26k▲
Tangible fixed assets22/27€20k€26k▲
Plant, machinery and equipment23€20k€26k▲
Current assets29/58€44k€43k▼
Stocks and contracts in progress3€13k€12k▼
Stocks30/36€13k€12k▼
Amounts receivable within one year40/41€20k€25k▲
Trade receivables40€9k€236▼
Other amounts receivable41€11k€24k▲
Cash at bank and in hand54/58€11k€6k▼
Deferred charges and accrued income490/1-€216
Equity and liabilities
Total equity and liabilities10/49€64k€69k▲
Equity10/15€-9k€-51k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-28k€-70k▼
Amounts payable17/49€73k€120k▲
Amounts payable within one year42/48€73k€120k▲
Trade debts44€64k€116k▲
Suppliers440/4€64k€116k▲
Taxes, remuneration and social security45€9k€4k▼
Taxes450/3€182€0▼
Remuneration and social security454/9€9k€4k▼
Income statement
Code20232024
Non-recurring operating income76A€16k€663▼
Remuneration, social security and pensions62€105k€61k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€6k▼
Other operating charges640/8€2k€889▼
Gross operating margin9900€71k€28k▼
Operating profit (loss)9901€-44k€-40k▲
Financial income75/76B€506€314▼
Recurring financial income75€506€314▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€-45k€-42k▲
Profit (loss) for the period9904€-45k€-42k▲
Profit (loss) for the period to be appropriated9905€-45k€-42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-30k€-70k▼
Profit (loss) brought forward from the previous period14P€16k€-28k▼
Transfer from equity791/2€2k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 42 days late
2024
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
31-12
Financial
Weakest financial yearnet €-45k ▼768%
Net result drops to €-45k, the lowest in the series; recovery starts the following year.
09-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €12k ▲225%
Operating result €11k, net result €12k, both a record.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
19-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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
Registered office, Watermaal-Bosvoorde · 1 establishment unit since 2011
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.
Eugène Keymplein 251170 Watermaal-BosvoordeGround area
122 m²
Building footprint
123 m²
Volume, LiDAR
1,222 m³
Parcel 21017D0159/00F002, Brussels · tallest building 18.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Eugène Keymplein 25, 1170 Watermaal-Bosvoorde
since 20112.200.556.549
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21017D0159/00F002 | Brussels | 122 m² | 1 · 122 m² | 18.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 siteWatermaal-Bosvoorde2.200.556.549
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Of 395 companies in sector 47271 we hold annual accounts for 154. 113 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-06-2011
Fiscal year end31-12
Activities, NACEBEL
47221Retail sale of meat and meat products, excluding game and poultry
47271Retail trade
47291Retail trade
47252Retail sale of beverages, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.