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Select Meat

Active
Private limited companyfounded 201610 yrs activeRue Les-Communes, Weil. 29, 5523 Onhaye, BelgiumKBO/BCE: BE 0648.957.417

Select Meat has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26k and a net result of €14k. Equity is growing by ~59.9% per year across the filed fiscal years. Its solvency ranks better than 30% of 11282 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
52 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability52▼-37
Solvency40▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.89 against 1.42 in 2024; short-term debt: 49.2% and cash: 2.4% of total assets), but 84.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
1 d early
2024
on the day
2023
on the day
2022
on the day
2021
147 d late
2020
465 d late
2019
502 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close20-09-2026 today31-01-2027 deadline
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

Financials · fiscal year 2025, micro schema

Equity
€26k▲ 105%
2024 · €13k
2019: €-90k 2020: €-70k 2021: €-32k 2022: €-21k 2023: €-36k 2024: €13k
2019 → 2025
Total assets
€174k▲ 18.6%
2024 · €147k
2019: €49k 2020: €63k 2021: €80k 2022: €135k 2023: €89k 2024: €147k
2019 → 2025
Net result
€14k▼ 72.5%
2024 · €49k
2019: €-33k 2020: €20k 2021: €38k 2022: €12k 2023: €-16k 2024: €49k
2019 → 2025
Working capital
€77k▲ 95.5%
2024 · €39k
2019: €-91k 2020: €-69k 2021: €-49k 2022: €18k 2023: €3k 2024: €39k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€-32k-€-21k▲ 36.2%€-36k▼ 77.2%€13k€26k▲ 105%
Operating result€47k-€42k▼ 9.8%€14k▼ 66.0%€60k▲ 321%€30k▼ 50.8%
Net result€38k-€12k▼ 69.2%€-16k€49k€14k▼ 72.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40k€60kOperating result 2021: €47k€47kNet result 2021: €38k€38kOperating result 2022: €42k€42kNet result 2022: €12k€12kOperating result 2023: €14k€14kNet result 2023: €-16k€-16kOperating result 2024: €60k€60kNet result 2024: €49k€49kOperating result 2025: €30k€30kNet result 2025: €14k€14k20212022202320242025
The operating result falls in 2025; 2025 is 51% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €174k
Fixed assets €12k▼ 22.8%
Current assets €162k▲ 23.6%
Equity and liabilities €174k
Equity €26k▲ 105%
Debt €148k▲ 10.3%
The debt ratio falls from 91.2% to 84.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€33k
2024 · €62k
Cash flow
€17k
2024 · €51k
Solvency
15.2%
2024 · 8.8%
Current ratio
1.89
2024 · 1.42
Quick ratio
1.89
2024 · 1.42
Debt / equity
5.59
2024 · 10.40
ROE
51.3%
2024 · 382.6%
ROA
7.8%
2024 · 33.5%
Interest coverage
2.82
2024 · 4.69
Debt
€148k
2024 · €134k
Debt ≤ 1 year
€86k
2024 · €92k
Debt > 1 year
€62k
2024 · €39k
Income taxes
€5k
2024 · €1k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€147k€174k
Fixed assets21/28€16k€12k
Tangible fixed assets22/27€16k€12k
Plant, machinery and equipment23€2k€2k
Furniture and vehicles24€14k€11k
Current assets29/58€131k€162k
Stocks and contracts in progress3€453€425
Stocks30/36€453€425
Amounts receivable within one year40/41€130k€156k
Trade receivables40€114k€147k
Other amounts receivable41€16k€9k
Cash at bank and in hand54/58€335€4k
Deferred charges and accrued income490/1€310€2k
Equity and liabilities
Total equity and liabilities10/49€147k€174k
Equity10/15€13k€26k
Contributions10/11€6k€6k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Profit (loss) carried forward14€6k€19k
Amounts payable17/49€134k€148k
Amounts payable after more than one year17€39k€62k
Financial debts170/4€39k€62k
Amounts payable within one year42/48€92k€86k
Current portion of amounts payable after more than one year42€13k€17k
Financial debts43€26k€4k
Credit institutions430/8€26k€4k
Trade debts44€13k€40k
Suppliers440/4€13k€40k
Advances received on contracts in progress46-€917
Taxes, remuneration and social security45€41k€23k
Taxes450/3€39k€23k
Remuneration and social security454/9€1k-
Accrued charges and deferred income492/3€3k-
Income statement Code20242025
Non-recurring operating income76A€839-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€4k
Other operating charges640/8€3k€2k
Gross operating margin9900€65k€35k
Operating profit (loss)9901€60k€30k
Financial income75/76B€4k€1k
Recurring financial income75€4k€1k
Financial charges65/66B€13k€12k
Recurring financial charges65€13k€12k
Profit (loss) for the period before taxes9903€51k€19k
Income taxes67/77€1k€5k
Profit (loss) for the period9904€49k€14k
Profit (loss) for the period to be appropriated9905€49k€14k
Appropriation of the result
Profit (loss) to be appropriated9906€6k€19k
Profit (loss) brought forward from the previous period14P€-44k€6k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
30-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial Back to profitnet €49k
Net result €49k after one loss-making year.
31-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial Liquidity doublescurrent ratio 1.18
Current ratio from 0.57 to 1.18; short-term debt falls from €112k to €103k.
27-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 147 days late
11-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 465 days late
2021
16-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 502 days late
16-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 867 days late
2020
30-06
Financial Back to profitnet €20k
Net result €20k after one loss-making year.
2018
09-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Onhaye · 1 establishment unit since 2016
establishment The establishment unit on the map
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.

Rue Les-Communes, Weil. 295523 Onhaye
Ground area
7,092 m²
Building footprint
117 m²
Volume, LiDAR
776 m³
Parcel 91137C0134/00M000, Wallonia · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Walfood sprl
Rue Les-Communes, Weil. 29, 5523 OnhayeManufacture of food products
since 20162.250.457.309
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
91137C0134/00M000 Wallonia 7,092 m² 1 · 117 m² 8.1 m · 2 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 site
Onhaye2.250.457.309
1 permission
Toelating · Groothandelaar levensmiddelen · since 13-12-2019

Similar companies · same sector, comparable size

Of 756 companies in sector 46321 we hold annual accounts for 551. 206 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded24-02-2016
Fiscal year end30-06
Activities, NACEBEL
46321Wholesale of meat and meat products, excluding game and poultry
47221Retail sale of meat and meat products, excluding game and poultry
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
E-mail:jonathan.celliere@gmail.com
Establishment Onhaye 2.250.457.309
Phone:0494/549470
Establishment Onhaye 2.250.457.309