Vleeshandel Nick
ActiveVleeshandel Nick has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €921k and a net result of €272k. Equity is growing by ~49.6% per year across the filed fiscal years. Its solvency ranks better than 76% of 10331 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▲+4
Solvency88▲+13
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 2.47 against 1.87 in 2024; short-term debt: 29.5% and cash: 28.5% of total assets), and 36.5% 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
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
63.5%
Return on assets
18.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-08-2026, 23 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
23 d late
2024
26 d late
2023
9 d early
2022
112 d late
2021
30 d late
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€921k▲ 41.8%
2024 · €649k
2018: €59k
2019: €93k
2020: €100k
2021: €160k
2022: €272k
2023: €450k
2024: €649k
2018 → 2025
Total assets
€1.45M▲ 11.2%
2024 · €1.31M
2018: €501k
2019: €554k
2020: €721k
2021: €685k
2022: €862k
2023: €1.16M
2024: €1.31M
2018 → 2025
Net result
€272k▲ 36.2%
2024 · €199k
2018: €26k
2019: €34k
2020: €7k
2021: €59k
2022: €113k
2023: €178k
2024: €199k
2018 → 2025
Working capital
€631k▲ 47.9%
2024 · €427k
2018: €-75k
2019: €-57k
2020: €-68k
2021: €-10k
2022: €33k
2023: €241k
2024: €427k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€160k-€272k▲ 70.7%€450k▲ 65.3%€649k▲ 44.3%€921k▲ 41.8%
Operating result€84k-€164k▲ 95.3%€267k▲ 62.9%€298k▲ 11.6%€404k▲ 35.5%
Net result€59k-€113k▲ 89.7%€178k▲ 57.6%€199k▲ 12.2%€272k▲ 36.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 35% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.45M
Fixed assets
€392k▲ 0.8%
Current assets
€1.06M▲ 15.6%
Equity and liabilities €1.45M
Equity
€921k▲ 41.8%
Debt
€530k▼ 19.2%
The debt ratio falls from 50.3% to 36.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€498k▲
2024 · €385k
Cash flow
€366k▲
2024 · €287k
Solvency
63.5%▲
2024 · 49.7%
Current ratio
2.47▲
2024 · 1.87
Quick ratio
2.24▲
2024 · 1.77
Debt / equity
0.58▼
2024 · 1.01
ROE
29.5%▼
2024 · 30.7%
ROA
18.7%▲
2024 · 15.3%
Interest coverage
43.93▲
2024 · 28.04
Debt
€530k▼
2024 · €656k
Debt ≤ 1 year
€428k▼
2024 · €490k
Debt > 1 year
€102k▼
2024 · €164k
Income taxes
€121k▲
2024 · €87k
Staff costs
€176k▼
2024 · €178k
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€1.31M€1.45M▲
Fixed assets21/28€389k€392k▲
Tangible fixed assets22/27€389k€392k▲
Plant, machinery and equipment23€243k€269k▲
Furniture and vehicles24€66k€49k▼
Other tangible fixed assets26€80k€74k▼
Current assets29/58€917k€1.06M▲
Stocks and contracts in progress3€50k€99k▲
Stocks30/36€50k€99k▲
Amounts receivable within one year40/41€500k€541k▲
Trade receivables40€443k€497k▲
Other amounts receivable41€57k€44k▼
Cash at bank and in hand54/58€361k€414k▲
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€1.31M€1.45M▲
Equity10/15€649k€921k▲
Contributions10/11€19k€19k=
Reserves13€631k€902k▲
Distributable reserves133€631k€902k▲
Amounts payable17/49€656k€530k▼
Amounts payable after more than one year17€164k€102k▼
Financial debts170/4€164k€102k▼
Amounts payable within one year42/48€490k€428k▼
Current portion of amounts payable after more than one year42€73k€62k▼
Trade debts44€150k€94k▼
Suppliers440/4€150k€94k▼
Taxes, remuneration and social security45€84k€90k▲
Taxes450/3€59k€60k▲
Remuneration and social security454/9€25k€30k▲
Other amounts payable47/48€183k€182k▼
Accrued charges and deferred income492/3€2k-
Income statement
Code20242025
Remuneration, social security and pensions62€178k€176k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€87k€94k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€12k€-6k▼
Other operating charges640/8€5k€14k▲
Gross operating margin9900€581k€682k▲
Operating profit (loss)9901€298k€404k▲
Financial income75/76B€2k€61▼
Recurring financial income75€2k€61▼
Financial charges65/66B€14k€11k▼
Recurring financial charges65€14k€11k▼
Profit (loss) for the period before taxes9903€287k€392k▲
Income taxes67/77€87k€121k▲
Profit (loss) for the period9904€199k€272k▲
Profit (loss) for the period to be appropriated9905€199k€272k▲
Appropriation of the result
Profit (loss) to be appropriated9906€199k€272k▲
Transfer to equity691/2€199k€272k▲
To other reserves6921€199k€272k▲
Social balance
Average headcount (FTE)90873.73.7=
The notes to these accounts (15 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
23-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 23 days late
2025
31-12
Financial
Highest result since 2018net €272k ▲36.2%
Operating result €404k, net result €272k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
31-12
Financial
Equity above €500kEq €649k ▲44.3%
7 profitable years in a row build equity to €649k.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 112 days late
2022
31-12
Financial
Equity above €200kEq €272k ▲70.7%
5 profitable years in a row build equity to €272k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-12
Financial
Equity above €150kEq €160k ▲59.4%
4 profitable years in a row build equity to €160k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €7k ▼79.9%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €100k ▲7.4%
3 profitable years in a row build equity to €100k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
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, Menen · 1 establishment unit since 2016
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.
Schonekeerstraat 548930 MenenGround area
1,173 m²
Building footprint
705 m²
Volume, LiDAR
3,280 m³
Parcel 34024A0502/00L000, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vleeshandel Nick
since 20162.261.455.624
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34024A0502/00L000 | Flanders | 1,173 m² | 1 · 705 m² | 6.7 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 siteMenen2.261.455.624
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Of 3,043 companies in sector 47221 we hold annual accounts for 1,562. 844 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-11-2016
Fiscal year end31-12
Activities, NACEBEL
46321Wholesale of meat and meat products, excluding game and poultry
47221Retail sale of meat and meat products, excluding game and poultry
46322Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 9 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.