Slagerij Baert
ActiveSummary
Slagerij Baert has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €456k and a net result of €62k. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 56% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
71
/ 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
Profitability76▲+5
Solvency68▼-9
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.36 against 1.1 in 2024; short-term debt: 30.6% and cash: 37.3% of total assets), and 57.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
42.8%
Return on assets
5.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-03-2026, 123 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
123 d early
2024
38 d early
2023
37 d early
2022
42 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€456k▼ 20.1%
2024 · €571k
2022: €464k
2023: €548k
2024: €571k
2022 → 2025
Total assets
€1.06M▼ 3.3%
2024 · €1.10M
2022: €1.14M
2023: €1.12M
2024: €1.10M
2022 → 2025
Net result
€62k▲ 168%
2024 · €23k
2022: €134k
2023: €84k
2024: €23k
2022 → 2025
Working capital
€119k▲ 475%
2024 · €21k
2022: €-89k
2023: €-40k
2024: €21k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€464k-€548k▲ 18.2%€571k▲ 4.2%€456k▼ 20.1%
Operating result€158k-€120k▼ 24.0%€47k▼ 60.8%€86k▲ 82.7%
Net result€134k-€84k▼ 36.9%€23k▼ 72.8%€62k▲ 168%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 83% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.06M
Fixed assets
€620k ▼ 29.6%
Current assets
€445k ▲ 102%
Equity and liabilities €1.06M
Equity
€456k ▼ 20.1%
Debt
€609k ▲ 14.9%
Debt's share of the balance-sheet total rises from 48.2% to 57.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€181k▲
2024 · €151k
Cash flow
€156k▲
2024 · €127k
Current ratio
1.36▲
2024 · 1.10
Quick ratio
1.29▲
2024 · 1.01
Debt to equity
1.34▲
2024 · 0.93
ROE
13.5%▲
2024 · 4.0%
ROA
5.8%▲
2024 · 2.1%
Interest coverage
21.26▲
2024 · 8.66
Debt ≤ 1 year
€326k▲
2024 · €200k
Debt > 1 year
€282k▼
2024 · €321k
Income taxes
€16k▲
2024 · €7k
Staff costs
€143k▲
2024 · €121k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.10M€1.06M▼
Fixed assets21/28€880k€620k▼
Tangible fixed assets22/27€880k€620k▼
Land and buildings22€766k€503k▼
Plant, machinery and equipment23€43k€70k▲
Furniture and vehicles24€72k€48k▼
Current assets29/58€220k€445k▲
Stocks and contracts in progress3€18k€23k▲
Stocks30/36€18k€23k▲
Amounts receivable within one year40/41€13k€20k▲
Trade receivables40€10k€10k▲
Other amounts receivable41€3k€10k▲
Cash at bank and in hand54/58€185k€397k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.10M€1.06M▼
Equity10/15€571k€456k▼
Contributions10/11€330k€330k=
Reserves13€241k€126k▼
Distributable reserves133€241k€126k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€530k€609k▲
Amounts payable after more than one year17€321k€282k▼
Financial debts170/4€321k€282k▼
Amounts payable within one year42/48€200k€326k▲
Current portion of amounts payable after more than one year42€42k€39k▼
Trade debts44€13k€21k▲
Suppliers440/4€13k€21k▲
Taxes, remuneration and social security45€28k€82k▲
Taxes450/3€4k€60k▲
Remuneration and social security454/9€24k€23k▼
Other amounts payable47/48€117k€184k▲
Accrued charges and deferred income492/3€9k€822▼
Income statement
Code20242025
Non-recurring operating income76A€0€66k▲
Remuneration, social security and pensions62€121k€143k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€104k€95k▼
Other operating charges640/8€4k€4k▼
Gross operating margin9900€276k€328k▲
Operating profit (loss)9901€47k€86k▲
Financial income75/76B€1€2▲
Recurring financial income75€1€2▲
Financial charges65/66B€17k€9k▼
Recurring financial charges65€17k€9k▼
Profit (loss) for the period before taxes9903€30k€78k▲
Income taxes67/77€7k€16k▲
Profit (loss) for the period9904€23k€62k▲
Profit (loss) for the period to be appropriated9905€23k€62k▲
Appropriation of the result
Profit (loss) to be appropriated9906€23k€62k▲
Transfer from equity791/2-€115k
Transfer to equity691/2€23k€0▼
To other reserves6921€23k€0▼
Profit to be distributed694/7-€177k
Return on contributions (dividend)694-€177k
Social balance
Average headcount (FTE)90872.83.1▲
The notes to these accounts (26 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
2026
30-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €23k ▼72.8%
Net result drops to €23k, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €500kEq €548k ▲18.2%
2 profitable years in a row build equity to €548k.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Waregem · 1 establishment unit since 2021
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.
Toekomststraat 688790 WaregemGround area
445 m²
Building footprint
363 m²
Volume, LiDAR
2,063 m³
Parcel 34040C0468/00H014, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Slagerij Baert
since 20212.315.832.339
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34040C0468/00H014 | Flanders | 445 m² | 1 · 363 m² | 10.5 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 siteWaregem2.315.832.339
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BE 0418.518.871
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STARSAVOR GROUP
BE 0420.265.564
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BE 0832.741.733
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BE 0768.655.021
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Of 3,043 companies in sector 47221 we hold annual accounts for 1,564. 1,116 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-04-2021
Fiscal year end31-12
Activities, NACEBEL 2025
47221Retail sale of meat and meat products, excluding game and poultry
47222Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:+32 56 60 17 43