Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 9 to 4.
Financials
Financial year 2025
VLEESMARKT - CHICKEN EXPRESS from Waregem, company number BE0422062836, closed financial year 2025 with a result of € -15.8 million after tax. For that financial year VLEESMARKT - CHICKEN EXPRESS recorded revenue of € 740,000 and equity of € -11.4 million. Compared with financial year 2024, the result moved from € -536,231 to € -15.8 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 17, 2026.
€ -11.4 million
▼ € 15.8 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -15.8 million
▼ 2847 % more loss than in 2024
Profit after tax over the fiscal year.
€ 7,980
▼ 85% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -12.2 million.
People and assets in 2025
4
▼ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 408,278
▼ 18% vs 2024
€ 102,100 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.
€ 31,179
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1 million
Loans from banks and other lenders, long and short.
€ 11,955
▼ 75% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 70 days on average.
€ 83,418
▼ 15% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 240,000 | € 740,000 | ▲ 208% |
| Gross margin | € 715,279 | € 691,434 | - | - | |
| Profit after taxes | € -492,679 | € -816,734 | € -536,231 | € -15,802,656 | ▼ € 15.3 million |
| Equity | € 5,173,970 | € 4,357,236 | € 4,361,615 | € -11,441,041 | ▼ € 15.8 million |
| Total debts | € 26,036,496 | € 26,925,669 | € 32,485,544 | € 25,740,753 | ▼ 21% |
| Cash | € 167,259 | € 185,657 | € 52,281 | € 7,980 | ▼ 85% |
| Land & buildings | € 462,879 | € 421,952 | € 921,561 | € 207,783 | ▼ 77% |
| Retained profit | € 4,398,970 | € 3,582,236 | € 3,586,615 | € -12,216,041 | ▼ € 15.8 million |
| Bank debt | € 0 | € 0 | € 0 | € 1,000,000 | |
| Balance sheet total | € 31,210,466 | € 31,282,906 | € 36,847,158 | € 14,299,712 | ▼ 61% |
| Employees (FTE) | 9.1 | 9 | 5.3 | 4 | ▼ 1.3 |
Key figures of VLEESMARKT - CHICKEN EXPRESS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to VLEESMARKT - CHICKEN EXPRESS?
What happened at VLEESMARKT - CHICKEN EXPRESS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 15.8 million. Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 492,679 loss in 2022 to € 15.8 million loss in 2025.
Paid € 13,149 in corporate taxes since 2022.
On average € 76,800 of value added per employee in 2023.
Pays suppliers within 70 days on average.
Management
Behind VLEESMARKT - CHICKEN EXPRESS are Bevax bv, Brigitte Callewier and All Meat bv. It owns 99.9% of Mid-Invest and 40% of Empro Europe itself.
Directors
According to the 2025 annual accounts
Brigitte Callewier
Director
Also active at: VANDAELE & CO, MID-INVEST, Kipco - Damaco, Empro Europe, Damaco Foods Belgium
Director · represented by Iris Vandaele
Also active at: VANDAELE & CO, Idesco, MID-INVEST, Kipco - Damaco, Damaco Foods Belgium
Establishments
Establishment units
Physical locations of this company
Goelevenweg 14
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0422.062.836
- VAT number
- BE 0422.062.836
- Registered office
- Goelevenweg 14, 8790 Waregem
- Names & denominations
- VLEESMARKT - CHICKEN EXPRESS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 November 1981
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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