ABSOLUTELY FOOD
ActiveSummary
ABSOLUTELY FOOD has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€19,129) and a net result of €34,576. Equity remains stable across the filed financial years (±0.9% per year). Its solvency ranks better than 10% of 2,593 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
- Equity
- -€19,129
- Profit
- €34,576
- Holdings
- 1
- TIBAU Vincent Maria GilbertDirector
Why 56raises riskCapped at 59: negative equityNegative equity -€19,1291 change of registered office in 24 monthslowers riskSector: Education (NACE 85)Liquidity: current ratio 0.80, cash €25,854Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 85, micro): better than 6% on solvency, 33% on liquidity, 90% on profitability and 86% on growth.
The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average on the deadline day; the sector median (NACE 85) for financial year 2024 is 16 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €34,576
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €41,563 after a loss of €113,630 in 2024, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 85, Education: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 3,632 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 91.9% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,632 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €748 | €216 | €512 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,549 | €9,807 | €4,347 | €15,637 | €15,113 | €14,784 | €14,107 | €2,675 | ▼ 81.0% |
| Other operating charges640/8 | - | - | - | €570 | €959 | €729 | €900 | €844 | ▼ 6.3% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €135,499 | €2,602 | ▼ 98.1% |
| Gross operating margin9900 | €30,885 | €14,627 | €27,282 | €29,965 | €32,567 | €2,210 | €36,877 | €47,685 | ▲ 29.3% |
| Operating profit (loss)9901 | €15,629 | €2,575 | €21,253 | €13,010 | €16,279 | -€13,814 | -€113,630 | €41,563 | - |
| Financial income75/76B | - | - | - | €1,077 | €170 | €0 | €1 | €3 | ▲ 269% |
| Recurring financial income75 | €120 | €37 | €55 | €1,077 | €170 | €0 | €1 | €3 | ▲ 269% |
| Financial charges65/66B | - | - | - | €4,508 | - | €1,834 | €32,613 | €1,264 | ▼ 96.1% |
| Recurring financial charges65 | €132 | €276 | €1,072 | €4,508 | - | €1,834 | €2,613 | €1,264 | ▼ 51.6% |
| Non-recurring financial charges66B | - | - | - | - | - | - | €30,000 | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | €15,617 | €2,336 | €20,236 | €9,579 | €16,449 | -€15,648 | -€146,242 | €40,302 | - |
| Income taxes67/77 | €7,543 | €1,301 | €5,794 | €2,901 | €5,118 | €178 | €167 | €5,727 | ▲ 34× |
| Profit (loss) for the period9904 | €8,074 | €1,036 | €14,442 | €6,678 | €11,331 | -€15,827 | -€146,409 | €34,576 | - |
| Profit (loss) for the period to be appropriated9905 | €8,074 | €1,036 | €14,442 | €6,678 | €11,331 | -€15,827 | -€146,409 | €34,576 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €98,527 | €96,611 | €138,220 | €259,245 | €240,714 | €197,898 | €34,222 | €40,327 | ▲ 17.8% |
| Fixed assets21/28 | €12,977 | €5,090 | €102,118 | €219,438 | €204,325 | €189,541 | €19,831 | €7,354 | ▼ 62.9% |
| Tangible fixed assets22/27 | €12,977 | €5,090 | €68,618 | €53,938 | €38,825 | €24,041 | €19,831 | €7,354 | ▼ 62.9% |
| Land and buildings22 | - | - | - | €5,315 | €3,763 | €2,211 | €695 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | - | - | €944 | €482 | €219 | €9,333 | €7,354 | ▼ 21.2% |
| Furniture and vehicles24 | - | - | - | €47,678 | €34,579 | €21,611 | €9,802 | €0 | ▼ 100% |
| Financial fixed assets28 | - | - | €33,500 | €165,500 | €165,500 | €165,500 | €0 | - | - |
| Current assets29/58 | €85,550 | €91,522 | €36,102 | €39,807 | €36,390 | €8,357 | €14,391 | €32,973 | ▲ 129% |
| Stocks and contracts in progress3 | €18,866 | €20,848 | €16,156 | €4,302 | €2,436 | €833 | €908 | €996 | ▲ 9.7% |
| Stocks30/36 | - | - | - | €4,302 | €2,436 | €833 | €908 | €996 | ▲ 9.7% |
| Amounts receivable within one year40/41 | €5,545 | €4,108 | €16,461 | €13,701 | €26,943 | €5,317 | €3,785 | €5,185 | ▲ 37.0% |
| Trade receivables40 | - | - | - | €13,324 | €23,893 | €4,435 | €3,773 | €5,185 | ▲ 37.4% |
| Other amounts receivable41 | - | - | - | €378 | €3,049 | €882 | €12 | €0 | ▼ 100% |
| Current investments50/53 | - | - | - | €11,001 | €1 | €1 | €0 | - | - |
| Cash at bank and in hand54/58 | €60,560 | €66,238 | €3,441 | €10,696 | €7,010 | €1,903 | €9,119 | €25,854 | ▲ 184% |
| Deferred charges and accrued income490/1 | - | - | - | €106 | - | €303 | €579 | €937 | ▲ 61.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €98,527 | €96,611 | €138,220 | €259,245 | €240,714 | €197,898 | €34,222 | €40,327 | ▲ 17.8% |
| Equity10/15 | €75,045 | €76,081 | €90,522 | €97,200 | €108,531 | €92,705 | -€53,705 | -€19,129 | ▲ 64.4% |
| Contributions10/11 | €19,000 | €19,000 | - | €19,000 | €19,000 | €19,000 | €19,000 | €19,000 | = |
| Reserves13 | €56,045 | €57,081 | €71,522 | €78,200 | €89,531 | €89,531 | €89,531 | €89,531 | = |
| Non-distributable reserves130/1 | - | - | - | €1,900 | €1,900 | €1,900 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,900 | €1,900 | €1,900 | - | - | - |
| Distributable reserves133 | - | - | - | €76,300 | €87,631 | €87,631 | €89,531 | €89,531 | = |
| Profit (loss) carried forward14 | - | - | - | - | - | -€15,827 | -€162,236 | -€127,660 | ▲ 21.3% |
| Amounts payable17/49 | €23,482 | €20,531 | €47,698 | €162,045 | €132,183 | €105,193 | €87,926 | €59,455 | ▼ 32.4% |
| Amounts payable after more than one year17 | - | - | €22,029 | €112,439 | €85,213 | €58,411 | €38,501 | €18,469 | ▼ 52.0% |
| Financial debts170/4 | - | - | - | €112,439 | €85,213 | €58,411 | €38,501 | €18,469 | ▼ 52.0% |
| Amounts payable within one year42/48 | €23,482 | €20,531 | €16,168 | €49,606 | €46,970 | €46,782 | €49,425 | €40,986 | ▼ 17.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €27,008 | €27,226 | €26,802 | €19,910 | €20,031 | ▲ 0.6% |
| Financial debts43 | - | - | - | - | €2,919 | €12,578 | €0 | €1,009 | - |
| Credit institutions430/8 | - | - | - | - | €2,919 | €12,578 | €0 | €1,009 | - |
| Trade debts44 | €5,700 | €16,084 | €2,666 | €8,364 | €6,119 | - | - | €904 | - |
| Suppliers440/4 | - | - | - | €8,364 | €6,119 | - | - | €904 | - |
| Taxes, remuneration and social security45 | - | - | - | €10,441 | €6,773 | €1,692 | €4,298 | €3,015 | ▼ 29.9% |
| Taxes450/3 | - | - | - | €10,441 | €4,023 | €1,692 | €4,298 | €3,015 | ▼ 29.9% |
| Remuneration and social security454/9 | - | - | - | - | €2,750 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €3,793 | €3,934 | €5,710 | €25,218 | €16,028 | ▼ 36.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,074 | €1,036 | €14,442 | €6,678 | €11,331 | -€15,827 | -€146,409 | €34,576 | - |
| + Depreciation and write-downs630 | €9,549 | €9,807 | €4,347 | €15,637 | €15,113 | €14,784 | €14,107 | €2,675 | ▼ 81.0% |
| Operating cash flow (approximation) | €17,623 | €10,843 | €18,789 | €22,314 | €26,444 | -€1,043 | -€132,302 | €37,251 | - |
| Investment in fixed assets (approximation) | - | -€1,920 | -€101,375 | -€132,957 | €0 | €0 | €155,603 | €9,802 | ▼ 93.7% |
| Change in cash | - | €5,678 | -€62,797 | €7,256 | -€3,686 | -€5,107 | €7,216 | €16,736 | ▲ 132% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 12 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 30-07-2026 | 2026-00353233 |
| 31-12-2024 | micro format | 31-07-2025 | 2025-00337638 |
| 31-12-2023 | micro format | 31-07-2024 | 2024-00312640 |
| 31-12-2022 | micro format | 17-07-2023 | 2023-00247574 |
| 31-12-2021 | micro format | 19-07-2022 | 2022-20209411 |
| 31-12-2020 | micro format | 30-08-2021 | 2021-57500327 |
| 31-12-2019 | micro format | 28-07-2020 | 2020-35500557 |
| 31-12-2018 | micro format | 05-07-2019 | 2019-29200444 |
| 31-12-2017 | micro format | 30-07-2018 | 2018-40700420 |
| 31-12-2016 | micro format | 25-08-2017 | 2017-47700364 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| TIBAU Vincent Maria Gilbert |
|
Owners and capital
Capital and shareholders
- 24-08-2023 Converted to unavailable equity
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
35%
According to the 2023 annual accounts of ABSOLUTELY FOOD and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
14-11
Gazette deed
Registered officeRegistered-office move2 facts ▸
- Board meeting, 01-10-2024
- Registered-office move, Frans Dottermansstraat 33 bus 0201,3060 Bertem
24-08
Gazette deed
Legal-form change · Resignations & appointmentsResignation: TIBAU Vincent Maria Gilbert (director) · Reappointment: TIBAU Vincent Maria Gilbert (director) · Incorporation9 facts ▸
- Incorporation, 31-07-2013
- Other provision, “besloten vennootschap (afgekort BV)” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing, eenparigheid van stemmen” (deed in Dutch)
- Amendment of the articles
- Director resignation, TIBAU Vincent Maria Gilbert (director)
- Director reappointment, TIBAU Vincent Maria Gilbert (director (not named in the articles))
- Director discharge, TIBAU Vincent Maria Gilbert
- Registered office clause, “eenparigheid van stemmen, 3830 Wellen,Krikeldries 18” (deed in Dutch)
Show earlier events
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24009C0217/00V000 | Flanders | 718 m² | 1 · 436 m² | - |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ABSOLUTELY FOOD
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bij enkel besluit bestuursorgaan,administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, natuurlijke personen of rechtspersonen” (deed in Dutch)