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AUTHENTIC FOOD CONNECTION

Active
Private limited companyfounded 2022active for 4 yearsRue Saint-Martin 42, 5000 Namur, BelgiumKBO/BCE: BE 0790.690.154
Summary

The computed 12-month bankruptcy probability of AUTHENTIC FOOD CONNECTION is 5.3% (elevated). The annual accounts of AUTHENTIC FOOD CONNECTION for financial year 2024 show a net loss of 96% of the equity at the start of that year. The 2024 annual accounts show equity of €155,130 and a net result of -€137,277. Its solvency ranks better than 43% of 25,598 sector peers (NACE 47, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110
2 sites
Size
€622,946total assets 2024
Equity
€155,130
Loss
-€137,277
Turnover not published (micro format)
Financial health
38 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.3%
Structure
Accounts 72 days overdue0 of 3 deeds read
Why 38raises risk1 financial year not filed after the legal deadline; latest accounts 102 days late; 2 of the last 3 lateFigures for financial year 2024 (filed 11-11-2025)Loss of €137,277, the second in a row (financial year 2024)lowers riskSize: total assets €622,946Show the evidence

Checked score

Score 2024
38 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 44% of its sector peers (NACE 47, micro)
Financial strength · tick = 2023
Weak
Solvency 50-27
equity 24.9% of total assets
Liquidity 64+26
short-term debt 8.7% · cash 11.2%
Profitability 0-63
return on assets -22.0%
Bankruptcy probability, 12 months
5.3% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,187 companies, NACE 47, micro)
Last 24 months 11-2024: 3.1% 12-2024: 3.1%● unchanged vs 11-2024 01-2025: 3.1%● unchanged vs 12-2024 02-2025: 3.1%● unchanged vs 01-2025 03-2025: 3.1%● unchanged vs 02-2025 04-2025: 7.1%▲ +4.0 percentage points vs 03-2025 05-2025: 7.0%▼ -0.1 percentage points vs 04-2025 06-2025: 7.0%● unchanged vs 05-2025 07-2025: 7.0%● unchanged vs 06-2025 08-2025: 7.0%● unchanged vs 07-2025 09-2025: 7.0%● unchanged vs 08-2025 10-2025: 7.0%● unchanged vs 09-2025 11-2025: 7.3%▲ +0.3 percentage points vs 10-2025highest value 12-2025: 3.0%▼ -4.3 percentage points vs 11-2025 01-2026: 2.9%▼ -0.1 percentage points vs 12-2025 02-2026: 3.3%▲ +0.4 percentage points vs 01-2026 03-2026: 3.3%● unchanged vs 02-2026 04-2026: 3.4%▲ +0.1 percentage points vs 03-2026 05-2026: 2.8%▼ -0.6 percentage points vs 04-2026lowest value 06-2026: 2.9%▲ +0.1 percentage points vs 05-2026 07-2026: 3.0%▲ +0.1 percentage points vs 06-2026 08-2026: 3.8%▲ +0.8 percentage points vs 07-2026 09-2026: 3.9%▲ +0.1 percentage points vs 08-2026 10-2026: 5.3%▲ +1.4 percentage points vs 09-2026
Credit of up to €5,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 2.11, compared with 0.63 in 2023; short-term debt: 8.7% and cash: 11.2% of total assets), but 75.1% of the assets are financed with debt.
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 47, micro): better than 40% on solvency, 71% on liquidity, 6% on profitability and 59% on growth.

The bankruptcy probability was computed on 10-10-2026 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

Five signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 102 days late; 2 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 11-11-2025)
NBB · annual accounts
raises risk · Loss of €137,277, the second in a row (financial year 2024)
NBB · annual accounts
lowers risk · Size: total assets €622,946
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-11-2025, 102 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
102 days late
2023
454 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 278 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Liquidity more than triplescurrent ratio 2.11

Key points

  • Caution: Result fell in 2024from -€13,593 to -€137,277 ▼ 910% View
  • Caution: Among the weakest 5% on net resultsector median €4,544 · 25,573 companies -€137,277 View
  • Caution: Accounts not fileddeadline was 31-07-2026 72 days late View

By topic

Financials

Financial year
2024
Total assets
€622,946
Loss
-€137,277
Solvency
24.9%
Total assets▲ 127%
Net result
20232024
Go to Financials

Timeline

Events
4
Since
2024
  1. 31-12-2024Equity above €150,000
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Non-specialised retail sale with food, beverages or tobacco…NACE 47110
Founded
12-09-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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