SELECTED MEAT GROUP
ActiveSELECTED MEAT GROUP has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €57k and a net result of €3k. Equity is growing by ~15.4% per year across the filed fiscal years. Its solvency ranks better than 39% of 11257 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+7
Solvency52▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity short (current ratio 0.81 against 0.49 in 2024; short-term debt: 13.8% and cash: 0.6% of total assets), and 72.8% 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.
−lowers risk+raises risk○neutral
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 · 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 →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
13 d late
2022
30 d late
2021
29 d late
2020
10 d late
2019
42 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close19-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€57k▲ 5.5%
2024 · €54k
2019: €26k
2020: €27k
2021: €28k
2022: €43k
2023: €44k
2024: €54k
2019 → 2025
Total assets
€211k▼ 6.5%
2024 · €225k
2019: €309k
2020: €284k
2021: €258k
2022: €245k
2023: €258k
2024: €225k
2019 → 2025
Net result
€3k▼ 71.9%
2024 · €11k
2019: €-30k
2020: €823
2021: €1k
2022: €15k
2023: €460
2024: €11k
2019 → 2025
Working capital
€-6k▲ 80.6%
2024 · €-29k
2019: €-33k
2020: €-45k
2021: €-48k
2022: €-35k
2023: €-37k
2024: €-29k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€28k-€43k▲ 52.1%€44k▲ 1.1%€54k▲ 24.5%€57k▲ 5.5%
Operating result€6k-€19k▲ 205%€4k▼ 81.8%€18k▲ 419%€7k▼ 61.4%
Net result€1k-€15k▲ 1,285%€460▼ 96.9%€11k▲ 2,217%€3k▼ 71.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 61% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €211k
Fixed assets
€187k▼ 5.1%
Current assets
€24k▼ 16.5%
Equity and liabilities €211k
Equity
€57k▲ 5.5%
Debt
€153k▼ 10.4%
The debt ratio falls from 75.9% to 72.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€17k▼
2024 · €28k
Cash flow
€13k▼
2024 · €21k
Solvency
27.2%▲
2024 · 24.1%
Current ratio
0.81▲
2024 · 0.49
Quick ratio
0.18▲
2024 · 0.16
Debt / equity
2.68▼
2024 · 3.15
ROE
5.2%▼
2024 · 19.7%
ROA
1.4%▼
2024 · 4.7%
Interest coverage
6.55▲
2024 · 4.73
Debt
€153k▼
2024 · €171k
Debt ≤ 1 year
€29k▼
2024 · €57k
Debt > 1 year
€101k▼
2024 · €114k
Income taxes
€1k▼
2024 · €2k
Staff costs
€281▲
2024 · €31
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€225k€211k▼
Fixed assets21/28€197k€187k▼
Tangible fixed assets22/27€197k€187k▼
Land and buildings22€191k€184k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€28k€24k▼
Stocks and contracts in progress3€19k€18k▼
Stocks30/36€19k€18k▼
Amounts receivable within one year40/41€83€4k▲
Trade receivables40-€4k
Other amounts receivable41€83€194▲
Cash at bank and in hand54/58€9k€1k▼
Equity and liabilities
Total equity and liabilities10/49€225k€211k▼
Equity10/15€54k€57k▲
Contributions10/11€12k€12k=
Capital10€12k€12k=
Issued capital100€19k€19k=
Uncalled capital101€6k€6k=
Reserves13€41k€44k▲
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€39k€42k▲
Profit (loss) carried forward14€552€552=
Amounts payable17/49€171k€153k▼
Amounts payable after more than one year17€114k€101k▼
Financial debts170/4€114k€101k▼
Amounts payable within one year42/48€57k€29k▼
Current portion of amounts payable after more than one year42€15k€15k▲
Trade debts44€11k€8k▼
Suppliers440/4€11k€8k▼
Taxes, remuneration and social security45€19k€5k▼
Taxes450/3€10k€5k▼
Remuneration and social security454/9€9k€910▼
Other amounts payable47/48€11k-
Accrued charges and deferred income492/3-€24k
Income statement
Code20242025
Remuneration, social security and pensions62€31€281▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▼
Other operating charges640/8€2k€141▼
Gross operating margin9900€31k€18k▼
Operating profit (loss)9901€18k€7k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€6k€3k▼
Recurring financial charges65€6k€3k▼
Profit (loss) for the period before taxes9903€12k€4k▼
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€11k€3k▼
Profit (loss) for the period to be appropriated9905€11k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€4k▼
Profit (loss) brought forward from the previous period14P€552€552=
Transfer to equity691/2€11k€3k▼
To other reserves6921€11k€3k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
13-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
31-03
Financial
Highest result since 2019net €15k ▲1285%
Operating result €19k, net result €15k, both a record.
2021
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2020
10-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
31-03
Financial
Back to profitnet €823
Net result €823 after one loss-making year.
2019
19-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
19-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · 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, Geraardsbergen · 1 establishment unit since 2012
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.
Brugstraat 329500 GeraardsbergenGround area
110 m²
Building footprint
110 m²
Volume, LiDAR
1,345 m³
Parcel 41018B0155/00D000, Flanders · tallest building 15.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Brugstraat 32, 9500 Geraardsbergen
since 20122.220.233.196
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41018B0155/00D000 | Flanders | 110 m² | 1 · 110 m² | 15.4 m · 4 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 siteGeraardsbergen2.220.233.196
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Of 756 companies in sector 46321 we hold annual accounts for 551. 276 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-04-2009
Fiscal year end31-03
Activities, NACEBEL
46321Wholesale of meat and meat products, excluding game and poultry
46322Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:mgveevleeshandel@hotmail.com
Phone:0475/72 90 88