ACTIVE

Meatier

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Financial year 2025 · closed on 30/09/2025

Net result

636,9 k €

-34.8% YoY

Gross margin

3,8 M €

-33.6% YoY

Equity

2,7 M €

+30.5% YoY

Workforce

31,2 ETP

+8.3% YoY

What does Meatier do?

Meatier is a Private limited company incorporated in 1994. Its registered office is in Middelkerke. It employs on average 31,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0452.034.252

Incorporation

02/03/1994

Legal form

Private limited company

Registered office

Schorestraat 61 box B
8433 Middelkerke · FlandreSee on map

Contributed capital

400 000,00 €

Latest accounts

30/09/2025

Average workforce

31,2 ETP

Joint committees (6)

119
11903
144
14400
201
20100

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	3,8 M €	-33.6%	5,8 M €	+149%	2,3 M €	+13.9%	2 M €	+6.8%	1,9 M €	+5.2%	1,8 M €	+15.0%	1,6 M €	+14.3%	1,4 M €	+9.1%	1,3 M €	+5.8%	1,2 M €	+4.3%	1,1 M €	+6.4%	1,1 M €	-1.3%	1,1 M €	+3.3%	1,1 M €	+15.1%	916,6 k €	+1.0%	907,6 k €	+10.2%	823,3 k €	+12.5%	731,8 k €	+41.6%	516,8 k €
EBITDA	2,1 M €	-29.3%	2,9 M €	+190%	1 M €	+47.3%	680 k €	+26.2%	538,7 k €	-8.0%	585,7 k €	-3.0%	603,9 k €	-3.9%	628,3 k €	+7.3%	585,7 k €	+16.7%	501,9 k €	+4.8%	479,1 k €	+32.2%	362,3 k €	-18.4%	444,1 k €	+5.6%	420,4 k €	+6.0%	396,7 k €	+8.9%	364,1 k €	+4.8%	347,4 k €	+3.7%	334,9 k €	+52.3%	219,9 k €
Operating result	1,1 M €	-26.2%	1,5 M €	+237%	442,8 k €	+198%	148,7 k €	+285%	38,6 k €	-51.3%	79,3 k €	-23.7%	103,9 k €	-3.5%	107,6 k €	+47.2%	73,1 k €	-7.4%	78,9 k €	-21.7%	100,8 k €	+47.3%	68,5 k €	-29.9%	97,6 k €	-19.9%	121,9 k €	+22.8%	99,2 k €	-14.5%	116 k €	+35.8%	85,4 k €	-28.4%	119,4 k €	+72.7%	69,1 k €
Net result	636,9 k €	-34.8%	976,2 k €	+194%	331,5 k €	+291%	84,7 k €	+407%	16,7 k €	-65.6%	48,5 k €	-1.6%	49,3 k €	+7.0%	46,1 k €	+368%	9,8 k €	-34.9%	15,1 k €	-28.9%	21,3 k €	-75.2%	85,8 k €	+90.2%	45,1 k €	+16.7%	38,6 k €	+659%	5,1 k €	-88.8%	45,4 k €	-17.9%	55,4 k €	-36.5%	87,2 k €	+101%	43,4 k €
Balance sheet
Equity	2,7 M €	+30.5%	2,1 M €	+79.5%	1,2 M €	+32.3%	880,6 k €	+10.6%	796,5 k €	+2.1%	779,8 k €	+6.6%	731,7 k €	+7.2%	682,4 k €	+7.3%	636,1 k €	+1.6%	626,3 k €	+2.5%	611,2 k €	+3.6%	589,9 k €	+17.0%	504,1 k €	+9.8%	459 k €	+9.2%	420,3 k €	+1.2%	415,2 k €	+88.9%	219,8 k €	+33.7%	164,4 k €	+113%	77,3 k €
Total assets	10,7 M €	+3.4%	10,4 M €	+83.1%	5,7 M €	+15.0%	4,9 M €	+6.8%	4,6 M €	-7.3%	5 M €	+12.2%	4,4 M €	+6.6%	4,2 M €	+4.3%	4 M €	+18.0%	3,4 M €	+2.3%	3,3 M €	+5.8%	3,1 M €	+16.7%	2,7 M €	+1.8%	2,6 M €	+1.6%	2,6 M €	+19.6%	2,2 M €	-7.3%	2,3 M €	+38.7%	1,7 M €	-0.6%	1,7 M €
Cash	251,8 k €	-73.8%	961,7 k €	+1374%	65,3 k €	+541%	10,2 k €	-95.3%	217,8 k €	+45.0%	150,2 k €	-2.5%	153,9 k €	+144%	63,1 k €	-46.1%	117 k €	-57.6%	275,9 k €	+151%	110,1 k €	+103%	54,2 k €	+252%	15,4 k €	-56.3%	35,3 k €	+54.7%	22,8 k €	-42.9%	40 k €	-75.1%	160,9 k €	+50.4%	107 k €	+101%	53,1 k €
Debts	7,9 M €	-3.3%	8,2 M €	+81.8%	4,5 M €	+11.2%	4 M €	+6.0%	3,8 M €	-9.1%	4,2 M €	+13.4%	3,7 M €	+6.4%	3,5 M €	+3.7%	3,4 M €	+21.8%	2,8 M €	+2.3%	2,7 M €	+6.2%	2,5 M €	+16.6%	2,2 M €	+0.8%	2,2 M €	+0.7%	2,1 M €	+22.4%	1,7 M €	-17.3%	2,1 M €	+39.3%	1,5 M €	-6.0%	1,6 M €
Other
Workforce	31,2 ETP	+8.3%	28,8 ETP	+5.5%	27,3 ETP	+4.6%	26,1 ETP	-1.9%	26,6 ETP	-13.4%	30,7 ETP	+28.5%	23,9 ETP	+16.6%	20,5 ETP	+4.1%	19,7 ETP	+20.1%	16,4 ETP	+12.3%	14,6 ETP	-8.2%	15,9 ETP	+9.7%	14,5 ETP	-1.4%	14,7 ETP	+8.1%	13,6 ETP	+16.2%	11,7 ETP	-2.5%	12,0 ETP	+5.3%	11,4 ETP	+29.5%	8,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 4 active · 5 ended

Active mandates

Soete Meat Invest

Director · since 30 septembre 2025 · 0790.748.651

Represented by Axel Soete

Active

Bleu Inc

Director · since 20 mai 2025 · 0790.304.431

Represented by Gauthier Soete

Active

Phivee-Invest

Director · since 26 octobre 2023 · 0846.816.829

Represented by Veerle Nollet

Active

Philippe Soete

Director

Active

Ended mandates

Phivee-Invest

Director · since 26 octobre 2023 · 0846.816.829

Represented by Veerle NOLLET

Ended

Philippe SOETE

Manager

Ended

Veerle Nollet

Director · until 26 octobre 2023

Ended

Veerle Nollet

Director

Ended

At this address

Other companies at this address

Company	CBE no.
Bleu Inc● Active	0790.304.431
Groep Meatier● Active	1027.333.532
Phivee-Invest● Active	0846.816.829
Soete Meat Invest● Active	0790.748.651

Annual accounts

Full financial information

	2025	2024	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	30/09/2025	30/09/2024	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	21 months	12 months	12 months	12 months	12 months
Filing date	30/04/2026	30/04/2025	20/07/2023	20/07/2022	23/07/2021	09/10/2020
General meeting	30/04/2026	30/04/2025	28/06/2023	20/07/2022	22/07/2021	07/10/2020
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	30/09/2025	30/04/2026	30/04/2026	Dutch	PDF
Abridged model	30/09/2024	30/04/2025	30/04/2025	Dutch	PDF
Abridged model	31/12/2022	28/06/2023	20/07/2023	Dutch	PDF
Abridged model	31/12/2021	20/07/2022	20/07/2022	Dutch	PDF
Abridged model	31/12/2020	22/07/2021	23/07/2021	Dutch	PDF
Abridged model	31/12/2019	07/10/2020	09/10/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	26/07/2019	Dutch	PDF
Abridged model	31/12/2017	20/09/2018	24/09/2018	Dutch	PDF
Abridged model	31/12/2016	12/06/2017	28/07/2017	Dutch	PDF
Abridged model	31/12/2015	13/06/2016	28/07/2016	Dutch	PDF
Abridged model	31/12/2014	08/06/2015	31/07/2015	Dutch	PDF
Abridged model	31/12/2013	10/06/2014	22/10/2014	Dutch	PDF
Abridged model	31/12/2012	12/06/2013	04/11/2013	Dutch	PDF
Abridged model	31/12/2011	11/06/2012	31/10/2012	Dutch	PDF
Abridged model	31/12/2010	13/06/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	14/06/2010	18/11/2010	Dutch	PDF
Abridged model	31/12/2008	08/06/2009	09/12/2009	Dutch	PDF
Abridged model	31/12/2007	09/06/2008	25/09/2008	Dutch	PDF
Abridged model	31/12/2006	11/06/2007	14/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 30/09/2025 · 4 active · 5 ended

Active mandates

Soete Meat Invest

Director · since 30 septembre 2025 · 0790.748.651

Represented by Axel Soete

Active

Bleu Inc

Director · since 20 mai 2025 · 0790.304.431

Represented by Gauthier Soete

Active

Phivee-Invest

Director · since 26 octobre 2023 · 0846.816.829

Represented by Veerle Nollet

Active

Philippe Soete

Director

Active

Ended mandates

Phivee-Invest

Director · since 26 octobre 2023 · 0846.816.829

Represented by Veerle NOLLET

Ended

Philippe SOETE

Manager

Ended

Veerle Nollet

Director · until 26 octobre 2023

Ended

Veerle Nollet

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/12/2023
WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Capital / shares08/01/2010
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025636,9 k €↓
2024
Annual accounts 2024976,2 k €↑
2024
Name changeMeatier
2022
Annual accounts 2022331,5 k €↑
2021
Annual accounts 202184,7 k €↑
2021
Name changeLimousin Puur
2020
Annual accounts 202016,7 k €↓
2019
Annual accounts 201948,5 k €↓
2018
Annual accounts 201849,3 k €↑
2017
Annual accounts 201746,1 k €↑
2016
Annual accounts 20169,8 k €↓
2015
Annual accounts 201515,1 k €↓
2014
Annual accounts 201421,3 k €↓
2013
Annual accounts 201385,8 k €↑
2012
Annual accounts 201245,1 k €↑
2011
Annual accounts 201138,6 k €↑
2010
Annual accounts 20105,1 k €↓
2009
Annual accounts 200945,4 k €↓
2008
Annual accounts 200855,4 k €↓
2007
Annual accounts 200787,2 k €↑
2006
Annual accounts 200643,4 k €
02/03/1994
IncorporationPrivate 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

Meatier

Overview

What does Meatier do?

Trend over 19 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