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Generated 21-07-2026
Active BE 1003.274.463Private limited company

SELECT MEAT WORKING

Bavegemstraat 15 ·9860 Oosterzele, Belgium· 2 yrs active
Sector: Food manufacturing (10111)
Conclusion Checked

The computed 12-month bankruptcy probability of SELECT MEAT WORKING is 2.3% (moderate). The 2024 annual accounts show equity of €20k and a net result of €15k. Its solvency ranks better than 17% of 111 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €20k
Net result €15k
Staff (FTE) 33.7
Better than sector 17%
Snowflake analysis 5 axes · computed by Checked
Health63Profitability100Solvency14Growth50Stability67
59 / 100

Mixed profile: strong on profitability, weaker on solvency.

Health 63
Profitability 100
Solvency 14
Growth 50
Stability 67
Bankruptcy probability (12 mo) Checked model v1 · free
2.3% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Young company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
63 / 100 Healthy
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 31-07-2025 with the NBB · fiscal year 2024 · verkort
Sector comparison
Fiscal year 2024 · NACE 10, Food manufacturing · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 3.5% 24.9%
better than 17% of 111 sector peers
Net result €15k €49k
better than 37% of 111 sector peers
Equity €20k €149k
better than 21% of 111 sector peers
Gross operating margin €1.54M €370k
better than 87% of 111 sector peers
Staff costs €1.52M €277k
higher than 90% of 91 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Revenue-
EBITDA€21k
Net profit€15k
Cash flow€17k
Staff costs€1.52M
Income taxes-
Dividends-
Total assets€573k
Equity€20k
Debt€553k
of which ≤ 1y€553k
of which > 1y-
Working capital€9k
Employees (FTE)33.7
Ratios (computed)
2024
Current ratio1.02
Quick ratio0.74
Working capital ratio1.5%
Solvency3.5%
Debt / equity27.40
Long-term debt ratio-
Interest coverage37.38
Gross margin-
Net margin-
ROA2.6%
ROE75.2%
EBITDA margin-
Days sales outstanding-
Days payable outstanding564d
Inventory turnover1.77
Days inventory (DSI)206d
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€573k
Fixed assets 21/28€12k
Tangible fixed assets 22/27€8k
Financial fixed assets 28€4k
Current assets 29/58€561k
Stocks & contracts in progress 3€152k
Amounts receivable within one year 40/41€405k
Cash & bank 54/58€5k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€573k
Equity 10/15€20k
Contributions / capital 10/11€5k
Accumulated profits (losses) 14€15k
Amounts payable 17/49€553k
Amounts payable within one year 42/48€553k
Trade debts payable within one year 44€415k
Income statement
Gross operating margin 9900€1.54M
Operating result 9901€19k
Financial charges 65€556
Result before taxes 9903€15k
Net result for the period 9904€15k
Result to be appropriated 9905€15k
Ratios computed by Checked.
Legal Structure
NACE primary Food manufacturing(10111)
Legal form Private limited company(610)
Incorporation12-12-2023
StatusActive
Postal code9860
Establishment units 1 location
SELECT MEAT WORKING
Bavegemstraat 15, 9860 OosterzeleVerwerking en conservering van vlees, exclusief vlees van gevogelte
since 20232.352.800.920
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44052A1247/00K000 Flanders 641 m² 1 · 203 m² 8.4 m · 1 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 3 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
07-10-2025
State Gazette act Capital & shares
31-07-2025
NBB filing Annual accounts filed
fiscal year 2024 · verkort
2024
02-07-2024
State Gazette act Capital & shares
Belgisch Staatsblad, acts 2 acts
Capital history · 2
07-10-2025
Capital change
02-07-2024
Capital change
All acts · 2 updated 9 months ago
2025
07-10-2025 All shares are now held by a single shareholder Capital & shares
Technical details 
{
  "events": [
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Osiac Daniel",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": null,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "eenhoofdigheid_declaration",
      "after_eur": null,
      "delta_eur": null,
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      "decrease_purpose": null,
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      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "share_buyback",
      "after_eur": null,
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      "decrease_purpose": null,
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      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Luik",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": null,
    "filing_date": "2025-09-29",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "act_date": "2025-09-24",
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2025-09-24"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "1003.274.463",
    "name_full": "Select Meat Working",
    "legal_form": "B.V.",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": null,
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Osiac Daniel",
      "role": "aandeelhouder",
      "n_shares": null,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Ploscaru Mihaela",
      "role": "aandeelhouder",
      "n_shares": null,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
2024
02-07-2024 All shares are now held by a single shareholder Capital & shares
Technical details 
{
  "events": [
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Mvr.. Ploscaru Mihaela",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 100,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "eenhoofdigheid_declaration",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-07-02",
    "filing_date": "2024-06-21",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "algemene_vergadering",
    "act_date": "2024-06-21",
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2024-06-17"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "1003.274.463",
    "name_full": "SELECT MEAT WORKING",
    "legal_form": "BV",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Ploscaru Mihaela",
      "role": "aandeelhouder",
      "n_shares": 100,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Vintila Valerica",
      "role": "aandeelhouder",
      "n_shares": null,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Verwerking en conservering van vlees, exclusief vlees van gevogelte10110Activiteiten van slachthuizen10111Verwerking en conservering van gevogelte10120Verwerking en conservering van vlees van gevogelte10120Vervaardiging van producten van vlees of van vlees van gevogelte10130Vervaardiging van producten van vlees of van vlees van gevogelte10130Groothandel in vlees van wild en van gevogelte46322Groothandel in vlees van wild en van gevogelte46322Goederenvervoer over de weg, m.u.v. verhuisbedrijven49410Goederenvervoer over de weg49410Verhuur en lease van personenauto's en lichte bestelwagens (< 3,5 ton)77110Verhuur en lease van personenauto’s en andere lichte motorvoertuigen77110Algemene reiniging van gebouwen81210Overige reiniging van gebouwen; industriële reiniging81220Andere reinigingsactiviteiten81230
Primary activity highlighted.
Names & trade names
Legal nameNL SELECT MEAT WORKING
Registered office
Bavegemstraat 15
9860 Oosterzele, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative