Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GREEN MEAT from Kortrijk, company number BE0451441760, closed financial year 2025 with a result of € -376,688 after tax. For that financial year GREEN MEAT recorded a gross margin of € 210,550 and equity of € 700,675. Compared with financial year 2024, the result moved from € 127,169 to € -376,688. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 19, 2026.
€ 700,675
▼ 35% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -376,688
▼ still € 127,169 profit in 2024
Profit after tax over the fiscal year.
€ 2,099
▲ € 1,808 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -784,115.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 3,851
▲ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 587,746
▼ 14% vs 2024
€ 237,381 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 41,498
▼ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,179
▲ 257% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 163,649 | € 159,867 | € 246,840 | € 210,550 | ▼ 15% |
| Profit after taxes | € 57,574 | € 20,841 | € 127,169 | € -376,688 | ▼ € 503,857 |
| Equity | € 949,352 | € 950,194 | € 1,077,363 | € 700,675 | ▼ 35% |
| Total debts | € 1,186,851 | € 947,405 | € 764,245 | € 688,509 | ▼ 10% |
| Cash | € 7,752 | € 9,734 | € 292 | € 2,099 | ▲ € 1,808 |
| Land & buildings | € 1,344,223 | € 1,300,689 | € 1,261,465 | € 1,219,592 | ▼ 3% |
| Retained profit | € -666,559 | € -622,011 | € -451,134 | € -784,115 | ▼ € 332,981 |
| Dividend | € 0 | € 20,000 | € 0 | € 0 | |
| Bank debt | € 778,539 | € 795,443 | € 680,522 | € 587,746 | ▼ 14% |
| Balance sheet total | € 2,136,203 | € 1,897,599 | € 1,841,608 | € 1,389,184 | ▼ 25% |
Key figures of GREEN MEAT, 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 GREEN MEAT?
What happened at GREEN MEAT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ALAIN SAGAERT BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 376,688 (▼ € 503,857 vs 2024). Source: NBB ↗
- ALAIN SAGAERT BV became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 57,574 profit in 2022 to € 376,688 loss in 2025.
Paid € 15,438 in corporate taxes since 2022.
Best year ever: 2024, with € 127,169 profit.
Paid out € 20,000 in dividends to the owners in total.
A new publication or filing at GREEN MEAT? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of ALAIN SAGAERT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GREEN MEATThe shares are held by ALAIN SAGAERT (99.6%).
Directors
According to the 2025 annual accounts
since 2022 · until 2028
Shareholders
99.6%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Koning Albertstraat(Kor) 7 box 4.1
8500 Kortrijk
Koning Albertstraat(Kor) 7/4.1
8500 Kortrijk
Active since 1 February 1994
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0451.441.760
- VAT number
- BE 0451.441.760
- Registered office
- Koning Albertstraat(Kor) 7 bus 4.1, 8500 Kortrijk
- Names & denominations
- GREEN MEAT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 December 1993
- Peppol
- Active · Active since 30 Oct 2023
- Activities · NACE
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