Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 10.4 to 2.
Financials
Financial year 2025
Lean Meat Products from Brecht, company number BE0404087647, closed financial year 2025 with a result of € 874,582 after tax. For that financial year Lean Meat Products recorded a gross margin of € 2.7 million and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 78,823 to € 874,582. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 1.4 million
▲ 178% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 874,582
▲ € 795,758 vs 2024
Profit after tax over the fiscal year.
€ 821,153
▲ € 766,170 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.1 million.
People and assets in 2025
2
▼ 6.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 39,976
▼ 93% vs 2024
€ 20,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 6,198
▼ 97% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 349,191
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 41,404
▼ 53% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 817,178 | € 1,038,733 | € 924,803 | € 2,658,519 | ▲ 187% |
| Profit after taxes | € -122,371 | € 116,066 | € 78,823 | € 874,582 | ▲ € 795,758 |
| Equity | € 296,816 | € 412,882 | € 491,706 | € 1,366,287 | ▲ 178% |
| Total debts | € 2,245,359 | € 1,969,323 | € 1,841,942 | € 644,802 | ▼ 65% |
| Cash | € 91,053 | € 57,831 | € 54,984 | € 821,153 | ▲ € 766,170 |
| Land & buildings | € 224,927 | € 236,932 | € 211,541 | - | |
| Retained profit | € 46,717 | € 162,783 | € 241,606 | € 1,116,188 | ▲ € 874,582 |
| Bank debt | € 1,373,238 | € 1,171,521 | € 1,085,021 | € 0 | ▼ 100% |
| Balance sheet total | € 2,542,175 | € 2,382,205 | € 2,333,648 | € 2,268,589 | ▼ 3% |
| Employees (FTE) | 10.8 | 10.4 | 8.1 | 2 | ▼ 6.1 |
Key figures of Lean Meat Products, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Lean Meat Products?
What happened at Lean Meat Products in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Paul Peeters stepped down as director. NBB
- Mercedes Peeters stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 874,582 (▲ € 795,758 vs 2024). filed late Source: NBB ↗
- Paul Peeters became a director. NBB
- Mercedes Peeters became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Brecht. KBO
In short
From € 122,371 loss in 2022 to € 874,582 profit in 2025.
Paid € 28,820 in corporate taxes since 2022.
Best year ever: 2025, with € 874,582 profit.
On average € 1.3 million of value added per employee in 2025.
Management
The stake of JICHRI comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Lean Meat ProductsThe shares are held by JICHRI (40%).
Directors
According to the 2025 annual accounts
since 2021 · until 2027
since 2021 · until 2027
Shareholders
40%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kromvenlaan 18/A000
2960 Brecht
Vaartkant Rechts 12 box G
2960 Brecht
Active since 16 November 1964
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0404.087.647
- VAT number
- BE 0404.087.647
- Registered office
- Kromvenlaan 18/A000, 2960 Brecht
- Names & denominations
- Lean Meat Products
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 20 Oct 2025
- Activities · NACE
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