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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Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2024; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
ROYAL MEAT from Zemst, company number BE0436867313, closed financial year 2024 with a result of € -86,851 after tax. For that financial year ROYAL MEAT recorded a gross margin of € 174,115 and equity of € 331,538. Compared with financial year 2023, the result moved from € 318,822 to € -86,851. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 2, 2025.
€ 331,538
▼ 48% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -86,851
▼ still € 318,822 profit in 2023
Profit after tax over the fiscal year.
€ 5,038
▼ 78% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -257,380.
People and assets in 2024
4
Average over the fiscal year, from the social balance sheet.
€ 192,796
▲ 12% vs 2023
€ 48,200 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.
€ 72,742
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 1.1 million
▼ 3% vs 2023
€ 81,782 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 375,846
▲ 38% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 39,005
▼ 40% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 166,507 | € 217,014 | € 835,091 | € 174,115 | ▼ 79% |
| Profit after taxes | € -11,282 | € 11,583 | € 318,822 | € -86,851 | ▼ € 405,673 |
| Equity | € 211,968 | € 223,551 | € 637,672 | € 331,538 | ▼ 48% |
| Total debts | € 1,588,767 | € 1,572,580 | € 1,454,440 | € 1,500,725 | ▲ 3% |
| Cash | € 135,622 | € 63,059 | € 22,844 | € 5,038 | ▼ 78% |
| Land & buildings | € 1,135,799 | € 1,130,907 | € 1,122,235 | € 1,113,780 | ▼ 1% |
| Retained profit | € -500,934 | € -489,351 | € -170,529 | € -257,380 | ▼ € 86,851 |
| Bank debt | € 1,114,179 | € 1,221,539 | € 1,117,478 | € 1,085,874 | ▼ 3% |
| Balance sheet total | € 1,800,734 | € 1,796,131 | € 2,132,736 | € 1,872,887 | ▼ 12% |
| Employees (FTE) | 4 | 4 | 4 | 4 |
Key figures of ROYAL MEAT, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to ROYAL MEAT?
What happened at ROYAL MEAT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
ROYAL MEAT is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 86,851 (▼ € 405,673 vs 2023). Source: NBB ↗
- Carine Maria G De Smeyter became a director. NBB
- Aloïs Rottiers became a director. NBB
- New establishment in Zemst. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,282 loss in 2021 to € 86,851 loss in 2024.
Paid € 9 in corporate taxes since 2021.
Best year ever: 2023, with € 318,822 profit.
On average € 43,500 of value added per employee in 2024.
Management
The stake of Antenna Communication Ideas comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ROYAL MEATBehind ROYAL MEAT are Aloïs Rottiers and Carine Maria G De Smeyter. The shares are held by Antenna Communication Ideas (100%).
Directors
According to the 2024 annual accounts
since 2020
since 2021
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zemstsesteenweg 170
1981 Zemst
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0436.867.313
- VAT number
- BE 0436.867.313
- Registered office
- Zemstsesteenweg 170, 1981 Zemst
- Names & denominations
- ROYAL MEAT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 28 February 1989
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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Detailhandel in vlees en vleesproducten, muv vlees van wild en van gevogelte
Detailhandel in vlees en vleeswaren