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 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 16 % 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
LET'S MEAT from Gent, company number BE0739547497, closed financial year 2024 with a result of € 41,169 after tax. For that financial year LET'S MEAT recorded revenue of € 879,745 and equity of € -23,300. Compared with financial year 2023, the result moved from € -32,061 to € 41,169. Profitable, and profit is growing. 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 March 3, 2025.
€ -23,300
▲ € 41,169 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 41,169
▲ still € 32,061 loss in 2023
Profit after tax over the fiscal year.
€ 49,809
▼ 17% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -26,300.
People and assets in 2024
€ 827,676
▼ 17% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,613
▼ 80% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 128,117
▲ 5% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 202,319
▲ 54% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 1,056,030 | € 879,745 | ▼ 17% |
| Gross margin | € 1,002,281 | € 977,291 | € 972,424 | € 881,144 | ▼ 9% |
| Profit after taxes | € 4,841 | € -40,248 | € -32,061 | € 41,169 | ▲ € 73,230 |
| Equity | € 7,541 | € -32,408 | € -64,469 | € -23,300 | ▲ € 41,169 |
| Total debts | € 215,363 | € 373,123 | € 276,777 | € 330,437 | ▲ 19% |
| Cash | € 85,291 | € 110,452 | € 60,246 | € 49,809 | ▼ 17% |
| Retained profit | € 4,541 | € -35,408 | € -67,469 | € -26,300 | ▲ € 41,169 |
| Balance sheet total | € 222,904 | € 340,715 | € 212,308 | € 307,137 | ▲ 45% |
Key figures of LET'S 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 30 April 2026.
What happened to LET'S MEAT?
What happened at LET'S MEAT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
LET'S MEAT is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: profit of € 41,169. Source: NBB ↗
- New establishment in Drogenbos. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,841 profit in 2021 to € 41,169 profit in 2024.
Paid € 6,278 in corporate taxes since 2021.
Best year ever: 2024, with € 41,169 profit.
Establishments
Establishment units
Physical locations of this company
Noordstraat 13 A box 101
9000 Gent
Steenweg op Ruisbroek 257
1620 Drogenbos
Active since 3 January 2020
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0739.547.497
- VAT number
- BE 0739.547.497
- Registered office
- Noordstraat 13 A bus 101, 9000 Gent
- Names & denominations
- LET'S MEAT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 12 December 2019
- Peppol
- Not registered
- Activities · NACE
Activiteiten van slachthuizen
Verwerking en conservering van vlees, exclusief vlees van gevogelte
Bouwrijp maken van terreinen
Activiteiten van verpakkingsbedrijven
Slopen