OPENING OF BANKRUPTCY

G.M.G. MEAT AND MEALS

Financial year 2025 · closed on 30/09/2025
Net result
-382,0 k €
-8.0% YoY
Gross margin
-40,4 k €
-25.4% YoY
Equity
-4,6 M €
-9.1% YoY
Workforce
1,0 ETP
0.0% YoY

Company — Opening of bankruptcy.

Strike-off: 12 septembre 2026

What does G.M.G. MEAT AND MEALS do?

G.M.G. MEAT AND MEALS is a Public limited company incorporated in 1976. Its main activity is: Wholesale of meat and meat products. Its registered office is in Sint-Truiden. It employs on average 1,0 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0416.593.125
Incorporation
07/12/1976
Legal form
Public limited company
Registered office
Slachthuisstraat 26
3800 Sint-Truiden · FlandreSee on map
Contributed capital
423 946,76 €
Latest accounts
30/09/2025
Average workforce
1,0 ETP
Joint committees (5)
  • 119
  • 11900
  • 20100
  • 202
  • 20201
Signals
Healthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021201920182017201520142013201220102009200820072006
Income statement
Gross margin-40,4 k €-32,3 k €45,0 k €45,1 k €116,2 k €557,5 k €671,5 k €564,4 k €1,3 M €1,3 M €1,3 M €2,5 M €1,5 M €1,4 M €1,3 M €1,3 M €1,1 M €
EBITDA-170,1 k €-148,3 k €-159,6 k €-422,5 k €-300,3 k €-77,8 k €-143,6 k €-701,6 k €33,7 k €34,8 k €-108,9 k €-178,8 k €128,9 k €154,8 k €81,1 k €125,2 k €143,1 k €
Operating result-252,3 k €-235,8 k €-253,2 k €-520,2 k €-420,9 k €-237,4 k €-301,2 k €-866,0 k €495,6 k €-80,7 k €-1,0 M €-487,9 k €-32,1 k €9,0 k €-90,7 k €-76,0 k €-11,0 k €
Net result-382,0 k €-353,6 k €-345,0 k €-622,2 k €-458,0 k €-261,4 k €-343,3 k €-940,7 k €295,3 k €-293,6 k €-1,1 M €-572,3 k €-15,6 k €-23,5 k €-124,3 k €-135,7 k €31,7 k €
Balance sheet
Equity-4,6 M €-4,2 M €-3,8 M €-3,5 M €-2,9 M €-2,1 M €-1,8 M €-1,4 M €-160,3 k €-455,6 k €-1,4 M €-285,1 k €-12,7 k €2,9 k €26,4 k €150,8 k €286,4 k €
Total assets935,5 k €1,0 M €1,1 M €1,4 M €1,5 M €1,8 M €1,9 M €2,1 M €3,4 M €3,3 M €2,4 M €3,2 M €2,4 M €2,3 M €2,1 M €1,9 M €1,1 M €
Cash713,8 €12,3 k €3,8 k €60,3 k €15,2 k €49,0 k €48,8 k €51,9 k €55,0 k €24,3 k €64,7 k €57,6 k €144,2 k €188,9 k €168,5 k €150,0 k €212,2 k €
Debts5,4 M €5,1 M €4,9 M €4,8 M €4,3 M €3,9 M €3,7 M €3,5 M €3,5 M €3,7 M €3,7 M €3,4 M €2,4 M €2,2 M €1,9 M €1,6 M €741,4 k €
Other
Workforce1,0 ETP1,0 ETP3,4 ETP10,1 ETP13,7 ETP18,5 ETP23,3 ETP27,4 ETP35,2 ETP35,0 ETP37,4 ETP42,4 ETP40,0 ETP41,1 ETP39,7 ETP37,0 ETP34,7 ETP
Governance

Board of directors

Seen on filing of 30/09/2025 · 3 active · 25 ended

Active mandates

Katrien Janssens

Director · since 30 novembre 2023

Active
Marie-Louise Dumont

Director · since 08 octobre 2008 · until 31 décembre 2029

Active
Katrien Janssens

Managing director · since 06 septembre 2005 · until 31 décembre 2029

Active

Ended mandates

BAKWI

Director · since 30 mars 2017 · until 30 septembre 2020 · 0896.497.457

Represented by Janssens Katrien

Ended
BAKWI

Director · since 30 mars 2017 · 0896.497.457

Represented by Katrien Janssens

Ended
BAKWI

Director · since 30 mars 2017 · until 30 mars 2023 · 0896.497.457

Represented by Katrien Janssens

Ended
Katrien Janssens

Managing director · since 30 mars 2017 · until 30 mars 2023

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/05/202624/04/202529/04/202422/05/202328/03/202204/03/2021
General meeting30/03/202601/02/202522/03/202403/02/202305/02/202206/02/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202530/03/202608/05/2026DutchPDF
Abridged model30/09/202401/02/202524/04/2025DutchPDF
Abridged model30/09/202322/03/202429/04/2024DutchPDF
Abridged model30/09/202203/02/202322/05/2023DutchPDF
Abridged model30/09/202105/02/202228/03/2022DutchPDF
Abridged model30/09/202006/02/202104/03/2021DutchPDF
Abridged model30/09/201923/03/202002/04/2020DutchPDF
Abridged model30/09/201804/02/201901/03/2019DutchPDF
Abridged model30/09/201730/03/201827/04/2018DutchPDF
Abridged model30/09/201630/03/201702/05/2017DutchPDF
Abridged model30/09/201506/02/201610/02/2016DutchPDF
Abridged model30/09/201430/03/201515/04/2015DutchPDF
Abridged model30/09/201330/03/201430/04/2014DutchPDF
Abridged model30/09/201230/03/201330/04/2013DutchPDF
Abridged model31/12/201030/06/201108/07/2011DutchPDF
Abridged model31/12/200903/05/201029/07/2010DutchPDF
Abridged model31/12/200802/05/200911/06/2009DutchPDF
Abridged model31/12/200703/05/200820/06/2008DutchPDF
Abridged model31/12/200605/05/200706/06/2007DutchPDF
Estimate

Indicative valuation

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 30/09/2025 · 3 active · 25 ended

Active mandates

Katrien Janssens

Director · since 30 novembre 2023

Active
Marie-Louise Dumont

Director · since 08 octobre 2008 · until 31 décembre 2029

Active
Katrien Janssens

Managing director · since 06 septembre 2005 · until 31 décembre 2029

Active

Ended mandates

BAKWI

Director · since 30 mars 2017 · until 30 septembre 2020 · 0896.497.457

Represented by Janssens Katrien

Ended
BAKWI

Director · since 30 mars 2017 · 0896.497.457

Represented by Katrien Janssens

Ended
BAKWI

Director · since 30 mars 2017 · until 30 mars 2023 · 0896.497.457

Represented by Katrien Janssens

Ended
Katrien Janssens

Managing director · since 30 mars 2017 · until 30 mars 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other04/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL
    PDF
  • Mandates14/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/05/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other26/01/2012
    BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates18/10/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares06/09/2011
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates16/01/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/06/2006
    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

Timeline

  1. 2025
    Annual accounts 2025-382,0 k €
  2. 2024
    Annual accounts 2024-353,6 k €
  3. 2023
    Annual accounts 2023-345,0 k €
  4. 2022
    Annual accounts 2022-622,2 k €
  5. 2021
    Annual accounts 2021-458,0 k €
  6. 2019
    Annual accounts 2019-261,4 k €
  7. 2018
    Annual accounts 2018-343,3 k €
  8. 2017
    Annual accounts 2017-940,7 k €
  9. 2015
    Annual accounts 2015295,3 k €
  10. 2014
    Annual accounts 2014-293,6 k €
  11. 2013
    Annual accounts 2013-1,1 M €
  12. 2012
    Annual accounts 2012-572,3 k €
  13. 2010
    Annual accounts 2010-15,6 k €
  14. 2009
    Annual accounts 2009-23,5 k €
  15. 2008
    Annual accounts 2008-124,3 k €
  16. 2007
    Annual accounts 2007-135,7 k €
  17. 2006
    Annual accounts 200631,7 k €
  18. 07/12/1976
    IncorporationPublic limited company