ACTIVE

Lean Meat Products

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Financial year 2024 · closed on 31/12/2024

Net result

78,8 k €

-32.1% YoY

Gross margin

924,8 k €

-11.0% YoY

Equity

491,7 k €

+19.1% YoY

Workforce

8,1 ETP

-22.1% YoY

What does Lean Meat Products do?

Lean Meat Products is a Public limited company incorporated in 1968. Its main activity is: Other information service activities. Its registered office is in Brecht. It employs on average 8,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0404.087.647

Incorporation

01/01/1968

Legal form

Public limited company

Registered office

Kromvenlaan 18/A000
2960 Brecht · FlandreSee on map

Contributed capital

250 099,16 €

Latest accounts

31/12/2024

Average workforce

8,1 ETP

Activities (NACE)

63920Other information service activities· main

Joint committees (3)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 7 financial years

	2024		2023		2022		2021		2020		2007		2006
Income statement
Gross margin	924,8 k €	-11.0%	1 M €	+27.1%	817,2 k €	+27.3%	641,8 k €		–		596,9 k €	+29.4%	461,4 k €
EBITDA	360,6 k €	-3.4%	373,1 k €	+243%	108,9 k €	-2.0%	111,1 k €	+770%	12,8 k €	-93.4%	193 k €	+68.7%	114,4 k €
Operating result	132,2 k €	-19.1%	163,5 k €	+273%	-94,5 k €	-418%	-18,2 k €	+65.1%	-52,3 k €	-151%	102,5 k €	+242%	30 k €
Net result	78,8 k €	-32.1%	116,1 k €	+195%	-122,4 k €	-137%	-51,7 k €	-46.4%	-35,3 k €	-143%	81,2 k €	+549%	12,5 k €
Balance sheet
Equity	491,7 k €	+19.1%	412,9 k €	+39.1%	296,8 k €	-29.2%	419,2 k €	-11.0%	470,9 k €	+6.3%	443 k €	+22.5%	361,8 k €
Total assets	2,3 M €	-2.0%	2,4 M €	-6.3%	2,5 M €	-29.9%	3,6 M €	+276%	964,3 k €	+19.7%	805,7 k €	-11.5%	910,8 k €
Cash	55 k €	-4.9%	57,8 k €	-36.5%	91,1 k €	-25.6%	122,3 k €	+12.6%	108,6 k €	+1042%	9,5 k €	-24.0%	12,5 k €
Debts	1,8 M €	-6.5%	2 M €	-12.1%	2,2 M €	-30.1%	3,2 M €	+550%	493,4 k €	+38.8%	355,4 k €	-34.3%	541 k €
Other
Workforce	8,1 ETP	-22.1%	10,4 ETP	-3.7%	10,8 ETP	+20.0%	9,0 ETP	+1.1%	8,9 ETP	-8.2%	9,7 ETP	+5.4%	9,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 16 ended

Active mandates

Mercedes Peeters

Managing director · since 25 mai 2021 · until 25 mai 2027

Active

Paul Peeters

Director · since 25 mai 2021 · until 25 mai 2027

Active

Ended mandates

Mercedes Peeters

Director · since 25 mai 2021 · until 25 mai 2027

Ended

Paul Peeters

Director · since 20 avril 2021 · until 25 mai 2022

Ended

Mercedes Peeters

Director · since 09 avril 2020 · until 01 avril 2026

Ended

Mercedes Peeters

Managing director · since 09 avril 2020 · until 25 mai 2022

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	15/08/2025	15/07/2024	22/06/2023	25/07/2022	07/07/2021	17/07/2020
General meeting	18/06/2025	29/05/2024	31/05/2023	16/06/2022	26/05/2021	27/05/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	18/06/2025	15/08/2025	Dutch	PDF
Abridged model	31/12/2023	29/05/2024	15/07/2024	Dutch	PDF
Abridged model	31/12/2022	31/05/2023	22/06/2023	Dutch	PDF
Abridged model	31/12/2021	16/06/2022	25/07/2022	Dutch	PDF
Full model	31/12/2020	26/05/2021	07/07/2021	Dutch	PDF
Full model	31/12/2019	27/05/2020	17/07/2020	Dutch	PDF
Full model	31/12/2018	30/06/2019	19/07/2019	Dutch	PDF
Full model	31/12/2017	30/05/2018	29/06/2018	Dutch	PDF
Full model	31/12/2016	31/05/2017	30/06/2017	Dutch	PDF
Full model	31/12/2015	25/05/2016	14/06/2016	Dutch	PDF
Full model	31/12/2014	27/05/2015	26/06/2015	Dutch	PDF
Full model	31/12/2013	28/05/2014	06/06/2014	Dutch	PDF
Full model	31/12/2012	29/05/2013	20/06/2013	Dutch	PDF
Full model	31/12/2011	30/05/2012	29/06/2012	Dutch	PDF
Full model	31/12/2010	25/05/2011	23/06/2011	Dutch	PDF
Abridged model	31/12/2009	26/05/2010	25/06/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	27/07/2009	Dutch	PDF
Abridged model	31/12/2007	28/05/2008	01/07/2008	Dutch	PDF
Abridged model	31/12/2006	30/05/2007	29/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 16 ended

Active mandates

Mercedes Peeters

Managing director · since 25 mai 2021 · until 25 mai 2027

Active

Paul Peeters

Director · since 25 mai 2021 · until 25 mai 2027

Active

Ended mandates

Mercedes Peeters

Director · since 25 mai 2021 · until 25 mai 2027

Ended

Paul Peeters

Director · since 20 avril 2021 · until 25 mai 2022

Ended

Mercedes Peeters

Director · since 09 avril 2020 · until 01 avril 2026

Ended

Mercedes Peeters

Managing director · since 09 avril 2020 · until 25 mai 2022

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office29/07/2025
MAATSCHAPPELIJKE ZETEL
PDF
Other18/06/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING
PDF
Mandates17/05/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/06/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/08/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/09/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/06/2004
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2024
Annual accounts 202478,8 k €↓
2023
Annual accounts 2023116,1 k €↑
2022
Annual accounts 2022-122,4 k €↓
2021
Annual accounts 2021-51,7 k €↓
2020
Annual accounts 2020-35,3 k €↓
2007
Annual accounts 200781,2 k €↑
2006
Annual accounts 200612,5 k €
01/01/1968
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Lean Meat Products

Overview

What does Lean Meat Products do?

Trend over 7 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline