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BENEFOOD

Active
Private limited company (pre-2019)founded 199035 yrs activeHochtumsstraße, Maldingen 24, 4790 Burg-Reuland, BelgiumKBO/BCE: BE 0442.556.758
Summary

The computed 12-month bankruptcy probability of BENEFOOD is 7.1% (elevated). The 2024 annual accounts show negative equity (-€2,521) and a net result of -€1,107. Equity is shrinking by ~54.9% per year across the filed fiscal years. The company has been active since 1990 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).

Checked score

Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record84
Bankruptcy probability, 12 months
7.1% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Age of the figures
Age of the figures
21 mo
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 35 years 0 40 y
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
70 d late
2022
73 d late
2021
122 d late
2020
149 d late
2019
122 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 100 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
UBO non-compliance×2

History

On 21 December 1990, BENEFOOD was incorporated.1 Total assets went from EUR 4,352 in 2018 to EUR 1,823 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021

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Financials · fiscal year 2024, unclassified schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€1,107▲ 48.8%
2023 · -€2,164
Working capital
-€2,521▼ 78.3%
2023 · -€1,414
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€885▼ 0.1%-€537▲ 39.3%-€347▲ 35.4%-€1,708▼ 392%-€631▲ 63.1%
Net result-€1,035▼ 1.0%-€704▲ 32.0%-€536▲ 23.9%-€2,164▼ 304%-€1,107▲ 48.8%
Equity€1,990▼ 34.2%€1,286▼ 35.4%€750▼ 41.7%-€1,414-€2,521▼ 78.3%
Total assets€2,292▼ 31.1%€1,823▼ 20.5%€750▼ 58.9%€586▼ 21.9%€479▼ 18.3%
Debt€302=€537▲ 77.8%€2,000€3,000▲ 50.0%
Working capital€1,990▼ 34.2%-€1,414-€2,521▼ 78.3%
Result per fiscal year
Operating resultNet result
-€3,000-€2,000-€1,000€0Operating result 2020: -€885-€885Net result 2020: -€1,035-€1,035Operating result 2021: -€537-€537Net result 2021: -€704-€704Operating result 2022: -€347-€347Net result 2022: -€536-€536Operating result 2023: -€1,708-€1,708Net result 2023: -€2,164-€2,164Operating result 2024: -€631-€631Net result 2024: -€1,107-€1,10720202021202220232024-€3,000-€2,000-€1,000€0Operating result 2022: -€347-€347Net result 2022: -€536-€536Operating result 2023: -€1,708-€1,710Net result 2023: -€2,164-€2,160Operating result 2024: -€631-€631Net result 2024: -€1,107-€1,110202220232024
The operating result stays negative: a loss of €631 in 2024 against €1,708 in 2023; the loss shrinks.
Key figures and ratios
2024 value · change against 2023
Debt ≤ 1 year
€3,000▲
2023 · €2,000
Ratios withheld: a balance sheet total of €479 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,622 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more
4.6% went bankrupt
10.0% stopped otherwise
84% still going

A further 1.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 7.1% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
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% 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 6,622 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 25 lines
Balance sheet Code20232024
Assets
Total assets20/58€586€479▼
Current assets29/58€586€479▼
Amounts receivable within one year40/41€237€237=
Trade receivables40€237€237=
Current investments50/53€349€242▼
Equity and liabilities
Total equity and liabilities10/49€586€479▼
Equity10/15-€1,414-€2,521▼
Contributions10/11€18,750€18,750=
Reserves13€1,859€1,859=
Non-distributable reserves130/1€1,859€1,859=
Reserves not available under the articles1311€1,859€1,859=
Profit (loss) carried forward14-€22,023-€23,130▼
Amounts payable17/49€2,000€3,000▲
Amounts payable within one year42/48€2,000€3,000▲
Other amounts payable47/48€2,000€3,000▲
Income statement Code20232024
Other operating charges640/8€1,465€387▼
Gross operating margin9900-€243-€244▼
Operating profit (loss)9901-€1,708-€631▲
Financial charges65/66B€456€476▲
Recurring financial charges65€456€476▲
Profit (loss) for the period before taxes9903-€2,164-€1,107▲
Profit (loss) for the period9904-€2,164-€1,107▲
Profit (loss) for the period to be appropriated9905-€2,164-€1,107▲
Appropriation of the result
Profit (loss) to be appropriated9906-€22,023-€23,130▼
Profit (loss) brought forward from the previous period14P-€19,859-€22,023▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Other operating charges640/8---€1,465€387▼ 73.6%
Non-recurring operating charges66A--€347---
Gross operating margin9900-€537-€537--€243-€244▼ 0.4%
Operating profit (loss)9901-€885-€537-€347-€1,708-€631▲ 63.1%
Financial charges65/66B-€167€189€456€476▲ 4.4%
Recurring financial charges65€150€167€189€456€476▲ 4.4%
Profit (loss) for the period before taxes9903-€1,035-€704-€536-€2,164-€1,107▲ 48.8%
Profit (loss) for the period9904-€1,035-€704-€536-€2,164-€1,107▲ 48.8%
Profit (loss) for the period to be appropriated9905-€1,035-€704-€536-€2,164-€1,107▲ 48.8%
Line20202021202220232024Change
Assets
Total assets20/58€2,292€1,823€750€586€479▼ 18.3%
Current assets29/58€2,292€1,823€750€586€479▼ 18.3%
Amounts receivable within one year40/41-€347€585€237€237=
Trade receivables40---€237€237=
Other amounts receivable41-€347€585---
Current investments50/53€2,292€1,476€165€349€242▼ 30.7%
Equity and liabilities
Total equity and liabilities10/49€2,292€1,823€750€586€479▼ 18.3%
Equity10/15€1,990€1,286€750-€1,414-€2,521▼ 78.3%
Contributions10/11€18,750€18,750€18,750€18,750€18,750=
Reserves13€1,859€1,859€1,859€1,859€1,859=
Non-distributable reserves130/1-€1,859€1,859€1,859€1,859=
Reserves not available under the articles1311-€1,859€1,859€1,859€1,859=
Profit (loss) carried forward14-€18,619-€19,323-€19,859-€22,023-€23,130▼ 5.0%
Amounts payable17/49€302€537-€2,000€3,000▲ 50.0%
Amounts payable within one year42/48€302--€2,000€3,000▲ 50.0%
Trade debts44€302-----
Other amounts payable47/48---€2,000€3,000▲ 50.0%
Accrued charges and deferred income492/3-€537----
Line20202021202220232024Change
Profit (loss) for the period9904-€1,035-€704-€536-€2,164-€1,107▲ 48.8%
Operating cash flow (approximation)-€1,035-€704-€536-€2,164-€1,107▲ 48.8%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
17-04
KBO administration UBO non-compliance
event 06-04-2026
2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · unclassified schema · 61 days late
2024
09-10
NBB filing Annual accounts filed
fiscal year 2023 · unclassified schema · 70 days late
01-03
KBO administration UBO non-compliance
event 22-02-2024
2023
31-12
Financial Weakest financial yearnet -€2,164
Net result drops to -€2,164, the lowest in the series; recovery starts the following year.
12-10
NBB filing Annual accounts filed
fiscal year 2022 · unclassified schema · 73 days late
2022
30-11
NBB filing Annual accounts filed
fiscal year 2021 · unclassified schema · 122 days late
2021
27-12
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 149 days late
2020
30-11
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 122 days late
2019
10-10
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 71 days late
2018
27-09
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 58 days late
2017
04-10
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 65 days late
2016
04-10
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 65 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Burg-Reuland · 1 establishment unit since 1991
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Hochtumsstraße, Maldingen 244790 Burg-Reuland
1 establishment unit
Maldingen 13, 4791 Burg-Reuland
Air transport
since 19912.051.191.989

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded21-12-1990
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0442556758
Also 9925:BE0442556758

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.