VLEESGROOTHANDEL HAUSPIE
ActiveVLEESGROOTHANDEL HAUSPIE has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €907k and a net result of €88k. Equity remains stable across the filed fiscal years (±2% per year). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
64
/ 100
Healthy▲ +11 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability48▲+44
Solvency28▲+3
Growth32=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity tight (current ratio 1.09 against 1.05 in 2023), and 79.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
20.6%
Return on assets
2%
Age of the figures
20 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 27-08-2026, 27 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 · 10 filingsDeviation from the deadline
2025
27 d late
2024
on the day
2023
23 d late
2022
5 d early
2021
26 d late
2020
27 d late
2019
69 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2024, abbreviated schema
Equity
€907k▲ 10.7%
2023 · €820k
2018: €972k
2019: €1,000k
2020: €1.12M
2021: €1.22M
2022: €1.24M
2023: €820k
2018 → 2024
Total assets
€4.40M=
2023 · €4.40M
2018: €3.16M
2019: €3.11M
2020: €2.81M
2021: €2.86M
2022: €2.96M
2023: €4.40M
2018 → 2024
Net result
€88k▲ 1,293%
2023 · €6k
2018: €148k
2019: €108k
2020: €118k
2021: €99k
2022: €20k
2023: €6k
2018 → 2024
Working capital
€304k▲ 68.4%
2023 · €180k
2018: €460k
2019: €480k
2020: €539k
2021: €603k
2022: €595k
2023: €180k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.12M-€1.22M▲ 8.9%€1.24M▲ 1.6%€820k▼ 33.7%€907k▲ 10.7%
Operating result€185k-€167k▼ 9.7%€46k▼ 72.3%€53k▲ 15.9%€171k▲ 221%
Net result€118k-€99k▼ 16.0%€20k▼ 79.8%€6k▼ 68.6%€88k▲ 1,293%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 221% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.40M
Fixed assets
€709k▲ 5.1%
Current assets
€3.69M▼ 0.9%
Equity and liabilities €4.40M
Equity
€907k▲ 10.7%
Debt
€3.49M▼ 2.5%
The debt ratio falls from 81.4% to 79.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€310k▲
2023 · €162k
Cash flow
€226k▲
2023 · €115k
Solvency
20.6%▲
2023 · 18.6%
Current ratio
1.09▲
2023 · 1.05
Quick ratio
0.92▲
2023 · 0.86
Debt / equity
3.85▼
2023 · 4.37
ROE
9.6%▲
2023 · 0.8%
ROA
2.0%▲
2023 · 0.1%
Interest coverage
6.00▲
2023 · 3.45
Debt
€3.49M▼
2023 · €3.58M
Debt ≤ 1 year
€3.39M▼
2023 · €3.55M
Debt > 1 year
€105k▲
2023 · €35k
Income taxes
€34k▲
2023 · €2k
Staff costs
€1.03M▼
2023 · €1.08M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€4.40M€4.40M=
Fixed assets21/28€675k€709k▲
Tangible fixed assets22/27€668k€702k▲
Land and buildings22€580k€529k▼
Plant, machinery and equipment23€36k€43k▲
Furniture and vehicles24€51k€130k▲
Financial fixed assets28€7k€7k=
Current assets29/58€3.73M€3.69M▼
Amounts receivable after more than one year29€71k€62k▼
Other amounts receivable291€71k€62k▼
Stocks and contracts in progress3€684k€587k▼
Stocks30/36€684k€587k▼
Amounts receivable within one year40/41€2.83M€2.95M▲
Trade receivables40€2.77M€2.91M▲
Other amounts receivable41€54k€42k▼
Cash at bank and in hand54/58€136k€83k▼
Deferred charges and accrued income490/1€10k€6k▼
Equity and liabilities
Total equity and liabilities10/49€4.40M€4.40M=
Equity10/15€820k€907k▲
Contributions10/11€400k€400k=
Capital10€400k€400k=
Issued capital100€400k€400k=
Reserves13€420k€507k▲
Non-distributable reserves130/1€40k€40k=
Legal reserve130€40k€40k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€361k€449k▲
Amounts payable17/49€3.58M€3.49M▼
Amounts payable after more than one year17€35k€105k▲
Financial debts170/4€35k€105k▲
Amounts payable within one year42/48€3.55M€3.39M▼
Current portion of amounts payable after more than one year42€59k€45k▼
Financial debts43€752k€746k▼
Credit institutions430/8€752k€746k▼
Trade debts44€2.17M€2.00M▼
Suppliers440/4€2.17M€2.00M▼
Taxes, remuneration and social security45€141k€128k▼
Taxes450/3€3k€6k▲
Remuneration and social security454/9€138k€121k▼
Other amounts payable47/48€426k€467k▲
Income statement
Code20232024
Non-recurring operating income76A-€20k
Remuneration, social security and pensions62€1.08M€1.03M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€109k€138k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-7k€-89k▼
Other operating charges640/8€18k€111k▲
Gross operating margin9900€1.25M€1.36M▲
Operating profit (loss)9901€53k€171k▲
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€47k€52k▲
Recurring financial charges65€47k€52k▲
Profit (loss) for the period before taxes9903€9k€121k▲
Income taxes67/77€2k€34k▲
Profit (loss) for the period9904€6k€88k▲
Profit (loss) for the period to be appropriated9905€6k€88k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€88k▲
Transfer to equity691/2€6k€88k▲
To the legal reserve6920€0-
To other reserves6921€6k€88k▲
Social balance
Average headcount (FTE)908719.418.5▼
The notes to these accounts (21 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 27 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 23 days late
2023
31-12
Financial
Weakest financial yearnet €6k ▼68.6%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 26 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
31-12
Financial
Equity above €1MEq €1.12M ▲11.8%
3 profitable years in a row build equity to €1.12M.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 69 days late
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, De Panne · 1 establishment unit since 1993
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.
Moeresteenweg 108660 De PanneGround area
300 m²
Building footprint
177 m²
Volume, LiDAR
1,271 m³
Parcel 38001E1034/00H003, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Moeresteenweg 10, 8660 De Panne
since 19932.060.919.309
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38001E1034/00H003 | Flanders | 300 m² | 1 · 177 m² | 10.8 m · 3 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 138 EUR awarded · 138 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 138 EUR | 138 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
2 sitesDe Panne2.060.919.309
Adinkerke
Similar companies · same sector, comparable size
DE LAENDER
BE 0447.613.131
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ROB ET PIRON
BE 0841.652.469
Gesves · Eq €920k
VEEGRO
BE 0470.305.884
Lommel · Eq €936k
TAMPERE
BE 0459.930.646
Lichtervelde · Eq €878k
M. RYCKAERT
BE 0424.826.643
Eeklo · Eq €957k
Of 595 companies in sector 10111 we hold annual accounts for 327. 195 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-12-1992
Fiscal year end31-12
Activities, NACEBEL
10110Manufacture of food products
10111Manufacture of food products
15111
46321Wholesale of meat and meat products, excluding game and poultry
51321
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.