Equity
-€327,177
Debts exceed assets in financial year 2025.
T-MEALS
Lifetime
6 annual accounts with figures on one time axispeak €274,699 (2023)
€269,819▲ 14.3%
lowest -€96,713 (2022)
-€53,471▲ €28,713
peak -€52,037 (2020)
-€327,177▼ €53,471
€544,097▲ 6.0%
peak 9.2 FTE (2025)
9.2 FTE▲ 12.2%
Board2 names since 2020
1 directorMeat Invest International
Owners
consolidatesMeat Invest International
Documentsfilings and deeds
23-06-202638 days before the deadline
2025abbreviated format
Gross margin from €236,122 to €269,819Loss of €53,471Staff from 8.2 FTE to 9.2 FTEEquity from -€273,706 to -€327,177
Key points
from the 2025 annual accountsLosses
-€135,655 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Debts
€544,097 251% of the balance sheet
Suppliers 30%Taxes and wages 14%Other 56%
Staff
9 employees on 31-12-2025
In 2025, 7 people joined and 5 left.
At the same address
115 companies
Position in the sector
-150.8%
Lower solvency than 95% of companies in retail trade. Sector median 36.6% · 12,856 companies.
Checked score
31
Weak
Financially stronger than 8% of micro companies in retail trade (NACE 47)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
7.7% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.3%
01-2025: 4.3%● unchanged vs 12-2024
02-2025: 4.3%● unchanged vs 01-2025
03-2025: 4.2%▼ -0.1 percentage points vs 02-2025
04-2025: 4.2%● unchanged vs 03-2025lowest value
05-2025: 4.3%▲ +0.1 percentage points vs 04-2025
06-2025: 4.2%▼ -0.1 percentage points vs 05-2025
07-2025: 6.2%▲ +2.0 percentage points vs 06-2025
08-2025: 6.3%▲ +0.1 percentage points vs 07-2025
09-2025: 6.3%● unchanged vs 08-2025
10-2025: 6.3%● unchanged vs 09-2025
11-2025: 6.3%● unchanged vs 10-2025
12-2025: 6.3%● unchanged vs 11-2025
01-2026: 6.7%▲ +0.4 percentage points vs 12-2025
02-2026: 6.7%● unchanged vs 01-2026
03-2026: 6.6%▼ -0.1 percentage points vs 02-2026
04-2026: 7.5%▲ +0.9 percentage points vs 03-2026
05-2026: 7.3%▼ -0.2 percentage points vs 04-2026
06-2026: 7.0%▼ -0.3 percentage points vs 05-2026
07-2026: 7.5%▲ +0.5 percentage points vs 06-2026
08-2026: 7.2%▼ -0.3 percentage points vs 07-2026
09-2026: 7.6%▲ +0.4 percentage points vs 08-2026
10-2026: 7.7%▲ +0.1 percentage points vs 09-2026highest value
11-2026: 7.7%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Negative equity -€327,177
Loss of €53,471, the second in a row (financial year 2025)
Size: 9.2 FTE, total assets €216,920
Liquidity: current ratio 0.31
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 6% of them on solvency, 1% on liquidity, 6% on profitability and 20% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,008 companies had the same profile as T-MEALS has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of T-MEALS itself: 7.7% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,008 companies, not a prediction for T-MEALS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.31 (0.35 in 2024), below 1. Short-term debt is 250.8% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year -€327,177
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 23-06-2026, 38 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
38 days early
2024
43 days early
2023
27 days early
2022
24 days early
2021
23 days early
2020
30 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 31 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Meat Invest International Comm. V consolidatesannual accounts 2025
- Meat Invest Internationaldeed of 16-01-2020
Recent changes
New establishment in Lochristi
Bon'Ap, Melkerijstraat 3
New establishment in Bruges
Buurtslagers, Scheepsdalelaan 3
Registered office moved from Koksijde to Aalter
New registered office: Groendreef 10 te 9880 Aalter · Previous registered office: Koninklijke Baan 167, 8670 Koksijde, België · Permanent representative: Geert Ally · Board meeting of 19-09-2022 · Gazette deed
Registered office moved from Aalter to Koksijde
New registered office: Koninklijke Baan 167 te 8670 Koksijde · Previous registered office: Groendreef 10, 9880 Aalter, België · Permanent representative: Geert Ally · Board meeting of 17-10-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| T-MEALS Aalter | €216,920 | €269,819 | -150.8% | 9.2 |
| SOVLIMAR Aalter | €174,386 | €234,669 | -209.4% | 8.3 |
| NAREST Aalter | €318,962 | €310,801 | -53.3% | 9.3 |
| WALVERMA Aalter | €251,506 | €264,849 | -21.1% | 6.7 |
| NAKOMAR Aalter | €331,170 | €445,523 | -40.9% | 10.5 |
| DKN MEAT Kruisem | €202,863 | €324,643 | 35.8% | 6.7 |
| LA CORBEILLE BCT Orp-Jauche | €335,284 | €400,902 | 56.5% | 9.4 |
These companies have the same main activity as T-MEALS: retail sale of meat and meat products, excluding game and poultry (NACE 47221). They are comparable in size and age: total assets between €174,000 and €335,000, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 14-01-2020Normal situation
- Registered office
- 116 active companies are registered at this address6 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Retail sale of meat and meat products, excluding game and poultryNACE 47221and 1 other
- Joint committee
- 201Independent retail · annual accounts 2025
- Establishment units
- 2.308.087.7798670 Koksijde, since 03-12-2020
- 2.347.559.7528000 Bruges, since 01-09-2023and 1 other
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- ≈ €1.2mestimated
- €216,920▼ 9.5%
- Employeeson 31-12-2025
- 9▲ 28.6%
- Filing
- Filed on 23-06-2026, 38 days before the end of the filing period
Insights on T-MEALS
T-MEALS files the abbreviated format. That format states no turnover. The gross margin rose from -€48,795 in 2020 to €269,819 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about T-MEALS
- What is the company number of T-MEALS?
- The company number of T-MEALS is 0741.517.686. The VAT number is the same number with BE in front: BE 0741.517.686.
- Where is T-MEALS based?
- The registered office is at Groendreef 10, 9880 Aalter.Company details
- What does T-MEALS do?
- According to the KBO register, the main activity is retail sale of meat and meat products, excluding game and poultry (NACE 47221).
- What is the legal form of T-MEALS?
- T-MEALS is a private limited company (BV).
- When was T-MEALS founded?
- T-MEALS was founded on 14-01-2020.
- Is T-MEALS still active?
- Yes, T-MEALS is an active enterprise in the KBO register.
- How many employees does T-MEALS have?
- T-MEALS had an average of 9.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does T-MEALS fall under?
- In its 2025 annual accounts, T-MEALS states joint committee 201 (Independent retail).
- What is the turnover of T-MEALS?
- The turnover in financial year 2025 is ≈ €1.2m. This figure is estimated from the gross margin of €269,819 and 48 comparable companies (NACE 472). It probably lies between €790,000 and €1.9m.
- Is T-MEALS profitable?
- In financial year 2025, T-MEALS made a loss of €53,471.
- Where can I find the annual accounts of T-MEALS?
- T-MEALS filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of T-MEALS due?
- T-MEALS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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