ACTIVE

GOOD MEAT

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

85,2 k €

-48.4% YoY

Revenue

23,8 M €

+3.2% YoY

Equity

1,1 M €

+8.1% YoY

Workforce

28,1 ETP

-6.6% YoY

What does GOOD MEAT do?

GOOD MEAT is a Public limited company incorporated in 1980. Its main activity is: Wholesale of meat and meat products. Its registered office is in Aalter. It employs on average 28,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0421.252.588

Incorporation

10/12/1980

Legal form

Public limited company

Registered office

Venecolaan 28
9880 Aalter · FlandreSee on map

Contributed capital

320 000,00 €

Latest accounts

31/12/2025

Average workforce

28,1 ETP

Activities (NACE)

46321Wholesale of meat and meat products· main 46321Wholesale of meat and meat products 46389Wholesale of other food, including fish, crustaceans and molluscs 46389Wholesale of other food, including fish, crustaceans and molluscs 51321Air transport 46322Wholesale of meat and meat products+1

Joint committees (6)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	23,8 M €	+3.2%	23,1 M €	-0.0%	23,1 M €	+3.3%	22,3 M €	+26.8%	17,6 M €	+15.3%	15,3 M €	-22.5%	19,7 M €	+2.9%	19,1 M €	-1.2%	19,4 M €	+1.6%	19,1 M €	+1.6%	18,8 M €	+7.2%	17,5 M €	+7.0%	16,4 M €	-5.1%	17,3 M €	-2.1%	17,6 M €	+3.4%	17,1 M €	+7.7%	15,9 M €	+3.3%	15,3 M €	-6.5%	16,4 M €	+18.2%	13,9 M €
EBITDA	612,3 k €	-9.6%	677,2 k €	+55.9%	434,5 k €	-29.0%	612,3 k €	+77.6%	344,9 k €	+22.0%	282,7 k €	-56.5%	649,5 k €	+49.7%	433,7 k €	-8.8%	475,5 k €	+70.9%	278,2 k €	+129%	121,4 k €	-79.2%	584,6 k €	+32.8%	440,2 k €	+23.6%	356,1 k €	+833125%	-42,8 €	-100%	432 k €	+3.0%	419,2 k €	+50.8%	277,9 k €	-34.4%	423,5 k €	-19.7%	527,7 k €
Operating result	202,3 k €	-40.3%	339,1 k €	+196%	114,7 k €	-67.3%	350,3 k €	+291%	89,6 k €	+141%	-218 k €	-176%	285 k €	+98.0%	143,9 k €	+4.2%	138,1 k €	+82.4%	75,7 k €	+240%	22,3 k €	-93.1%	321,9 k €	+89.0%	170,3 k €	+3145%	-5,6 k €	+99.0%	-543,9 k €	-499%	136,5 k €	+18.9%	114,8 k €	+533%	-26,5 k €	-124%	112,3 k €	-54.5%	246,5 k €
Net result	85,2 k €	-48.4%	165 k €	+542%	25,7 k €	-89.1%	234,8 k €	+454%	42,4 k €	+116%	-270,5 k €	-296%	137,9 k €	+409%	27,1 k €	+20.9%	22,4 k €	+1184%	-2,1 k €	+91.7%	-25 k €	-107%	382,7 k €	+336%	87,8 k €	+73.6%	50,6 k €	+108%	-636,4 k €	-3528%	18,6 k €	-71.7%	65,6 k €	+216%	-56,4 k €	-201%	55,6 k €	-67.2%	169,5 k €
Balance sheet
Equity	1,1 M €	+8.1%	982,1 k €	+24.1%	791,5 k €	+4.4%	758,2 k €	+44.2%	525,8 k €	+8.2%	485,8 k €	-36.0%	758,7 k €	+21.8%	623,1 k €	+8.4%	574,6 k €	+4.1%	552,2 k €	-0.4%	554,2 k €	-4.3%	579,3 k €	+72.1%	336,6 k €	+35.3%	248,8 k €	+25.5%	198,2 k €	-76.3%	834,6 k €	-11.4%	941,6 k €	+6.8%	881,5 k €	-6.6%	943,4 k €	+5.0%	898,8 k €
Total assets	7,4 M €	+4.0%	7,1 M €	+8.1%	6,5 M €	+10.8%	5,9 M €	-0.0%	5,9 M €	+10.7%	5,3 M €	-23.0%	6,9 M €	+1.3%	6,8 M €	+4.9%	6,5 M €	+15.8%	5,6 M €	+3.2%	5,5 M €	+15.1%	4,7 M €	+0.6%	4,7 M €	+3.4%	4,6 M €	-12.7%	5,2 M €	-3.3%	5,4 M €	+43.3%	3,8 M €	-0.8%	3,8 M €	+1.3%	3,8 M €	-7.4%	4,1 M €
Cash	9 k €	-97.0%	299,7 k €	+411%	58,7 k €	+828%	6,3 k €	+1.5%	6,2 k €	-93.7%	98,3 k €	+305%	24,3 k €	+26.4%	19,2 k €	-95.5%	423,1 k €	+1539%	25,8 k €	-80.2%	130,2 k €	-54.7%	287,7 k €	-6.1%	306,2 k €	+101%	152,5 k €	+118%	70,1 k €	+9.0%	64,3 k €	-34.5%	98,2 k €	-1.7%	99,9 k €	-28.9%	140,4 k €	-15.4%	165,9 k €
Debts	6,3 M €	+3.4%	6,1 M €	+5.6%	5,8 M €	+11.7%	5,1 M €	-4.2%	5,4 M €	+10.8%	4,9 M €	-21.3%	6,2 M €	-0.8%	6,2 M €	+4.5%	5,9 M €	+17.0%	5,1 M €	+3.6%	4,9 M €	+17.8%	4,2 M €	-4.9%	4,4 M €	+1.6%	4,3 M €	-14.3%	5 M €	+10.1%	4,6 M €	+61.9%	2,8 M €	-2.6%	2,9 M €	+4.8%	2,8 M €	-10.5%	3,1 M €
Other
Workforce	28,1 ETP	-6.6%	30,1 ETP	-2.6%	30,9 ETP	-5.5%	32,7 ETP	+8.3%	30,2 ETP	-6.8%	32,4 ETP	-7.2%	34,9 ETP	+1.7%	34,3 ETP	+6.9%	32,1 ETP	+1.3%	31,7 ETP	+20.5%	26,3 ETP	+6.0%	24,8 ETP	+5.5%	23,5 ETP	-10.3%	26,2 ETP	-9.3%	28,9 ETP	+2.5%	28,2 ETP	+8.0%	26,1 ETP	+0.8%	25,9 ETP	+3.6%	25,0 ETP	-8.8%	27,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 23 ended

Active mandates

PT Consulting

Managing director · since 01 janvier 2026 · until 26 juin 2032 · 0735.496.164

Represented by PIETER TOYE

Active

VERSHUIS

Managing director · since 01 janvier 2026 · until 26 juin 2032 · 1011.717.126

Represented by ARNOLD VANDERHAEGHE

Active

Management Meat

Managing director · since 27 juin 2020 · until 31 décembre 2025 · 0421.259.518

Represented by ARNOLD VANDERHAEGHE

Active

VB-AGRO

Chairman of the board of directors · since 27 juin 2020 · until 31 décembre 2025 · 0444.559.611

Represented by PATRICK VANDERHAEGHE

Active

Ended mandates

Management Meat

Managing director · since 27 juin 2020 · until 27 juin 2026 · 0421.259.518

Represented by ARNOLD VANDERHAEGHE

Ended

VB-AGRO

Chairman of the board of directors · since 27 juin 2020 · until 27 juin 2026 · 0444.559.611

Represented by PATRICK VANDERHAEGHE

Ended

Management Meat

Managing director · since 21 décembre 2015 · until 27 juin 2020 · 0421.259.518

Represented by ARNOLD VANDERHAEGHE

Ended

Management Meat

Managing director · since 21 décembre 2015 · until 27 juin 2020 · 0421.259.518

Represented by Arnold Vanderhaeghe

Ended

At this address

Other companies at this address

Company	CBE no.
Management Meat● Active	0421.259.518

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	02/07/2026	04/07/2025	04/07/2024	03/07/2023	27/06/2022	19/07/2021
General meeting	27/06/2026	28/06/2025	29/06/2024	24/06/2023	25/06/2022	30/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	27/06/2026	02/07/2026	Dutch	PDF
Full model	31/12/2024	28/06/2025	04/07/2025	Dutch	PDF
Full model	31/12/2023	29/06/2024	04/07/2024	Dutch	PDF
Full model	31/12/2022	24/06/2023	03/07/2023	Dutch	PDF
Full model	31/12/2021	25/06/2022	27/06/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	19/07/2021	Dutch	PDF
Full model	31/12/2019	27/06/2020	24/07/2020	Dutch	PDF
Full model	31/12/2018	29/06/2019	26/07/2019	Dutch	PDF
Full model	31/12/2017	30/06/2018	02/08/2018	Dutch	PDF
Full model	31/12/2016	24/06/2017	03/08/2017	Dutch	PDF
Full model	31/12/2015	25/06/2016	31/08/2016	French	PDF
Full model	31/12/2014	26/05/2015	15/06/2015	French	PDF
Full model	31/12/2013	27/05/2014	29/08/2014	French	PDF
Full model	31/12/2012	28/05/2013	30/08/2013	French	PDF
Full model	31/12/2011	29/05/2012	31/08/2012	French	PDF
Full model	31/12/2010	30/06/2011	17/08/2011	French	PDF
Full model	31/12/2009	25/05/2010	29/06/2010	French	PDF
Full model	31/12/2008	26/05/2009	02/07/2009	French	PDF
Full model	31/12/2007	27/05/2008	23/07/2008	French	PDF
Full model	31/12/2006	29/05/2007	26/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 31/12/2025 · 4 active · 23 ended

Active mandates

PT Consulting

Managing director · since 01 janvier 2026 · until 26 juin 2032 · 0735.496.164

Represented by PIETER TOYE

Active

VERSHUIS

Managing director · since 01 janvier 2026 · until 26 juin 2032 · 1011.717.126

Represented by ARNOLD VANDERHAEGHE

Active

Management Meat

Managing director · since 27 juin 2020 · until 31 décembre 2025 · 0421.259.518

Represented by ARNOLD VANDERHAEGHE

Active

VB-AGRO

Chairman of the board of directors · since 27 juin 2020 · until 31 décembre 2025 · 0444.559.611

Represented by PATRICK VANDERHAEGHE

Active

Ended mandates

Management Meat

Managing director · since 27 juin 2020 · until 27 juin 2026 · 0421.259.518

Represented by ARNOLD VANDERHAEGHE

Ended

VB-AGRO

Chairman of the board of directors · since 27 juin 2020 · until 27 juin 2026 · 0444.559.611

Represented by PATRICK VANDERHAEGHE

Ended

Management Meat

Managing director · since 21 décembre 2015 · until 27 juin 2020 · 0421.259.518

Represented by ARNOLD VANDERHAEGHE

Ended

Management Meat

Managing director · since 21 décembre 2015 · until 27 juin 2020 · 0421.259.518

Represented by Arnold Vanderhaeghe

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares03/11/2022
DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates23/10/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/03/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/09/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/01/2016
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates17/10/2014
DEMISSIONS, NOMINATIONS
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

2025
Annual accounts 202585,2 k €↓
2024
Annual accounts 2024165 k €↑
2023
Annual accounts 202325,7 k €↓
2022
Annual accounts 2022234,8 k €↑
2021
Annual accounts 202142,4 k €↑
2020
Annual accounts 2020-270,5 k €↓
2019
Annual accounts 2019137,9 k €↑
2018
Annual accounts 201827,1 k €↑
2017
Annual accounts 201722,4 k €↑
2016
Annual accounts 2016-2,1 k €↑
2015
Annual accounts 2015-25 k €↓
2014
Annual accounts 2014382,7 k €↑
2013
Annual accounts 201387,8 k €↑
2012
Annual accounts 201250,6 k €↑
2011
Annual accounts 2011-636,4 k €↓
2010
Annual accounts 201018,6 k €↓
2009
Annual accounts 200965,6 k €↑
2008
Annual accounts 2008-56,4 k €↓
2007
Annual accounts 200755,6 k €↓
2006
Annual accounts 2006169,5 k €
10/12/1980
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

GOOD MEAT

Overview

What does GOOD MEAT do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

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