BOFRESH
ActiveSummary
BOFRESH has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €512,114 and a net result of €265,045. Equity has been growing by about 39% per year since 2018. Its solvency ranks better than 35% of 9,829 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 12-06-2002 Normal situation
- Activity
- Wholesale of fruit and vegetables, excluding potatoes NACE 46319
- Joint committees
- 119 Paritair Comité voor de handel in voedingswaren
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.172.661.725 3440 Zoutleeuw, since 01-05-2005
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
Board
- Club Med InvestDirector · permanent representative Laurent Jacques Nelly MAES
Shareholders
- Club Med Invest100%2025 annual accounts of Club Med Invest
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
Annual accounts 2025
- Turnover
- €8.7m
- Profit
- €265,045
- ▲ 85.9%
- Equity
- €512,114
- ▲ 107%
- Total assets
- €1.8m
- ▲ 39.5%
- Employees on 31-12-2025
- 21
- ▲ 40.0%
Filed on 22-06-2026, 39 days before the deadline
Score breakdownraises riskSize: turnover €8.7m, 11.7 FTE, total assets €1.8mlowers riskFounded in 2002Profit of €265,045 (financial year 2025)Liquidity: current ratio 1.20, cash €328,749Show the evidence
Checked score
Score 2025
91
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 58% of small companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Average
Solvency
53+9
equity 28.3% of total assets
Liquidity
37+11
short-term debt 66.8% · cash 18.2%
Profitability
71-11
return on assets 14.6%
Bankruptcy probability within 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.0%
01-2025: 1.0%● unchanged vs 12-2024
02-2025: 1.0%● unchanged vs 01-2025highest value
03-2025: 1.0%● unchanged vs 02-2025highest value
04-2025: 1.0%● unchanged vs 03-2025
05-2025: 1.0%● unchanged vs 04-2025
06-2025: 1.0%● unchanged vs 05-2025
07-2025: 0.3%▼ -0.7 percentage points vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.2%▼ -0.1 percentage points vs 06-2026lowest value
08-2026: 0.2%● unchanged vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.2 (1.0 in 2024), below the usual 1.5. Short-term debt is 66.8% and cash 18.2% of total assets. 71.7% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 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 46, small). It does better than 32% of them on solvency, 40% on liquidity, 64% on profitability and 96% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 days early
2024
51 days early
2023
44 days early
2022
46 days early
2021
6 days early
2020
9 days late
2019
27 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 21 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 22-06-2026 at the NBB all 22 filings
Amounts without an identifiable currency are taken as euros.
Turnover
€8.7m
EBIT margin
4.3%
Net result
€265,045▲ 85.9%
2024 · €142,574
Working capital
€247,288▲ 149×
2024 · €1,658
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 79% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Operating result€0.4m
2025
Net result€0.3m
2025
Total assets€1.8m
2025
Equity€0.5m
2025
Debt€1.3m
2025
Working capital€0.2m
2025
Return on assets (ROA)14.6%
2025
Solvency28.3%
2025
Current ratio1.20
2025
Staff (FTE)11.7
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€8.7m
Operating result€0.08m-€0.05m▼ 36.6%€0.03m▼ 46.6%€0.05m▲ 104%€0.05m▼ 7.7%€0.05m▼ 1.5%€0.2m▲ 321%€0.4m▲ 79.3%
Net result€0.05m-€0.03m▼ 47.2%€0.01mwithin the sector's middle half▼ 61.4%€0.03mwithin the sector's middle half▲ 158%€0.02mwithin the sector's middle half▼ 28.2%€0.03mwithin the sector's middle half▲ 36.0%€0.1mwithin the sector's middle half▲ 442%€0.3mabove the sector's middle half▲ 85.9%
EBIT margin4.3%
Equity-€0.006m-€0.02m€0.03mbelow the sector's middle half▲ 48.9%€0.06mbelow the sector's middle half▲ 84.5%€0.08mbelow the sector's middle half▲ 32.9%€0.1mbelow the sector's middle half▲ 33.7%€0.2mwithin the sector's middle half▲ 136%€0.5mwithin the sector's middle half▲ 107%
Total assets€0.4m-€0.5m▲ 54.0%€0.5mwithin the sector's middle half▼ 5.0%€0.7mwithin the sector's middle half▲ 30.2%€1.0mwithin the sector's middle half▲ 45.5%€1.2mwithin the sector's middle half▲ 23.3%€1.3mwithin the sector's middle half▲ 7.5%€1.8mwithin the sector's middle half▲ 39.5%
Debt€0.4m-€0.5m▲ 45.6%€0.5m▼ 7.2%€0.6m▲ 26.6%€0.9m▲ 46.7%€1.1m▲ 22.4%€1.1m▼ 4.7%€1.3m▲ 23.5%
Working capital-€0.07m--€0.06m▲ 10.0%-€0.2mbelow the sector's middle half▼ 180%-€0.1mbelow the sector's middle half▲ 11.4%-€0.06mbelow the sector's middle half▲ 60.7%-€0.09mbelow the sector's middle half▼ 50.3%€0.002mbelow the sector's middle half€0.2mwithin the sector's middle half▲ 149×
Solvency-1.6%-3.9%▲ 5.6pp6.2%below the sector's middle half▲ 2.2pp8.7%below the sector's middle half▲ 2.6pp8.0%below the sector's middle half▼ 0.8pp8.7%below the sector's middle half▲ 0.7pp19.0%below the sector's middle half▲ 10.4pp28.3%within the sector's middle half▲ 9.3pp
Current ratio0.68-0.85▲ 0.170.57below the sector's middle half▼ 0.280.72below the sector's middle half▲ 0.150.93below the sector's middle half▲ 0.200.90below the sector's middle half▼ 0.021.00below the sector's middle half▲ 0.101.20within the sector's middle half▲ 0.20
Return on assets (ROA)14.5%-5.0%▼ 9.6pp2.0%within the sector's middle half▼ 3.0pp4.0%within the sector's middle half▲ 2.0pp2.0%within the sector's middle half▼ 2.0pp2.2%within the sector's middle half▲ 0.2pp11.0%above the sector's middle half▲ 8.8pp14.6%above the sector's middle half▲ 3.7pp
Staff (FTE)2-4.3▲ 115%6within the sector's middle half▲ 39.5%6.9within the sector's middle half▲ 15.0%10.8above the sector's middle half▲ 56.5%8.2above the sector's middle half▼ 24.1%8.8above the sector's middle half▲ 7.3%11.7above the sector's middle half▲ 33.0%
above
within
below
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets
€353,804 ▼ 5.5%
Current assets
€1.5m ▲ 57.7%
Equity and liabilities €1.8m
Equity
€512,114 ▲ 107%
Debt
€1.3m ▲ 23.5%
Debt's share of the balance-sheet total falls from 81.0% to 71.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€437,600▲
2024 · €267,213
Cash flow
€333,179▲
2024 · €203,673
Quick ratio
1.13▲
2024 · 0.93
Debt to equity
2.53▼
2024 · 4.25
ROE
51.8%▼
2024 · 57.7%
Interest coverage
41.96▲
2024 · 22.93
Debt ≤ 1 year
€1.2m▲
2024 · €921,355
Debt > 1 year
€88,978▼
2024 · €128,943
Income taxes
€97,503▲
2024 · €53,590
Customer credit
43 days
Supplier credit
48 days
Staff costs
€759,136▲
2024 · €573,070
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 9 | 16 | 14 | 15 | 21 |
| full-time | 7 | 12 | 7 | 6 | 10 |
| part-time | 2 | 4 | 7 | 9 | 11 |
| in full-time equivalents | 8.2 | 13.9 | 9.9 | 9.1 | 12.8 |
| Average over the year, in full-time equivalents | 6.9 | 10.8 | 8.2 | 8.8 | 11.7 |
| On a permanent contract | 8 | 9 | 5 | 7 | 11 |
| Joined | 18 | 34 | 24 | 14 | 14 |
| Left | 15 | 27 | 16 | 13 | 8 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | - | €155,000 | €204,071 | €167,284 | €128,943 |
| Pledge on the business | - | - | - | €220,000 | €220,000 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €20,918 | €132,536 | €52,892 | €54,663 | €48,283 |
| Intangible fixed assets | €2,500 | €25,000 | €150,000 | - | - |
| Financial fixed assets | - | €9,924 | - | €700 | - |
| Depreciation and write-downs of the year | €28,319 | €28,948 | €57,203 | €61,098 | €68,134 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 · 1 entry · €521 awarded · €521 paidComparable companies
These companies have the same main activity as BOFRESH: wholesale of fruit and vegetables, excluding potatoes (NACE 46319). They are comparable in size and age: total assets between €1.4m and €3.1m, founded between 1998 and 2006.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|---|
| BOFRESH Zoutleeuw | 2002 | €1.8m | €0.5m | €1.2m | €8.7m | €0.3m | 11.7 | 2025 |
| MARCHAND DIRK Overijse | 2003 | €1.8m | €1.3m | €0.8m | - | -€0.08m | 9.7 | 2025 |
| T'SEYEN FOODSERVICE Duffel | 2003 | €1.4m | €0.9m | €0.9m | - | €0.2m | 11.3 | 2025 |
| GUIDOFRUIT Brussel | 2003 | €3.0m | €0.7m | €1.2m | - | €0.1m | 9.6 | 2025 |
| STARPACK Sint-Katelijne-Waver | 2006 | €2.5m | €0.4m | €1.2m | - | €0.2m | 10 | 2025 |
| A.C. Hulshout | 2004 | €2.7m | €0.5m | €1.5m | - | €0.6m | 8 | 2025 |
| EXOFI FRESH MARKET Brussel | 1998 | €3.1m | €2.3m | €1.5m | - | €0.5m | 10.5 | 2025 |
They were chosen from the 616 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 2,613 companies had the same profile as BOFRESH has now. Two years later, 0.7% had gone bankrupt and 97.3% were still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
2.0%
stopped otherwise
97.3%
was still going
That fits the bankruptcy probability of BOFRESH itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,613 companies, not a prediction for BOFRESH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | - | - | - | €8.7m | - |
| Non-recurring operating income76A | - | - | - | - | €0.003m | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | - | - | - | €7.5m | - |
| Remuneration, social security and pensions62 | - | - | - | €0.2m | €0.5m | €0.4m | €0.6m | €0.8m | ▲ 32.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.02m | €0.02m | €0.02m | €0.03m | €0.03m | €0.06m | €0.06m | €0.07m | ▲ 11.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | €189 | - | - | - |
| Other operating charges640/8 | - | - | - | €0.003m | €0.01m | €0.02m | €0.007m | €0.02m | ▲ 212% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €0.004m | €229 | ▼ 93.8% |
| Gross operating margin9900 | €0.1m | €0.2m | €0.2m | €0.3m | €0.5m | €0.6m | €0.9m | €1.2m | ▲ 43.2% |
| Operating profit (loss)9901 | €0.08m | €0.05m | €0.03m | €0.05m | €0.05m | €0.05m | €0.2m | €0.4m | ▲ 79.3% |
| Financial income75/76B | - | - | - | €102 | €0.002m | €0.003m | €0.002m | €0.004m | ▲ 106% |
| Recurring financial income75 | €356 | €0 | €206 | €102 | €0.002m | €0.003m | €0.002m | €0.004m | ▲ 106% |
| Financial charges65/66B | - | - | - | €0.02m | €0.02m | €0.01m | €0.01m | €0.01m | ▼ 10.5% |
| Recurring financial charges65 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.01m | €0.01m | €0.01m | ▼ 10.5% |
| Profit (loss) for the period before taxes9903 | €0.06m | €0.03m | €0.01m | €0.04m | €0.03m | €0.04m | €0.2m | €0.4m | ▲ 84.8% |
| Income taxes67/77 | €0.01m | €0.006m | €0.001m | €0.01m | €0.01m | €0.01m | €0.05m | €0.1m | ▲ 81.9% |
| Profit (loss) for the period9904 | €0.05m | €0.03m | €0.01m | €0.03m | €0.02m | €0.03m | €0.1m | €0.3m | ▲ 85.9% |
| Transfer from tax-exempt reserves789 | - | - | - | €0.01m | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €0.05m | €0.03m | €0.01m | €0.04m | €0.02m | €0.03m | €0.1m | €0.3m | ▲ 85.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.4m | €0.5m | €0.5m | €0.7m | €1.0m | €1.2m | €1.3m | €1.8m | ▲ 39.5% |
| Formation expenses20 | - | €0 | €0 | - | - | - | - | - | - |
| Fixed assets21/28 | €0.2m | €0.2m | €0.3m | €0.3m | €0.3m | €0.4m | €0.4m | €0.4m | ▼ 5.5% |
| Intangible fixed assets21 | - | €0 | €0.1m | €0.09m | €0.1m | €0.2m | €0.2m | €0.2m | ▼ 15.8% |
| Tangible fixed assets22/27 | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | €0.2m | €0.2m | €0.2m | ▲ 5.6% |
| Land and buildings22 | - | - | - | €0.2m | - | - | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €0.008m | €0.01m | €0.02m | €0.03m | €0.03m | ▼ 19.0% |
| Furniture and vehicles24 | - | - | - | €0.02m | €0.02m | €0.009m | €0.02m | €0.01m | ▼ 40.5% |
| Other tangible fixed assets26 | - | - | - | - | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 20.9% |
| Financial fixed assets28 | - | €0 | €0.001m | €0.001m | €0.01m | - | €0.001m | - | - |
| Current assets29/58 | €0.1m | €0.3m | €0.2m | €0.4m | €0.7m | €0.8m | €0.9m | €1.5m | ▲ 57.7% |
| Stocks and contracts in progress3 | - | €0 | €0 | - | €0.03m | €0.05m | €0.07m | €0.09m | ▲ 21.1% |
| Stocks30/36 | - | - | - | - | €0.03m | €0.05m | €0.07m | €0.09m | ▲ 21.1% |
| Amounts receivable within one year40/41 | €0.1m | €0.3m | €0.2m | €0.4m | €0.6m | €0.7m | €0.7m | €1.0m | ▲ 46.4% |
| Trade receivables40 | - | - | - | €0.3m | €0.5m | €0.6m | €0.7m | €1.0m | ▲ 46.7% |
| Other amounts receivable41 | - | - | - | €0.06m | €0.09m | €0.1m | €0.007m | €0.008m | ▲ 19.9% |
| Current investments50/53 | - | €0 | €0 | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0.003m | €0.01m | €0.01m | €0.008m | €0.1m | €0.06m | €0.1m | €0.3m | ▲ 132% |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €0.02m | €416 | €0.004m | €0.008m | ▲ 76.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.4m | €0.5m | €0.5m | €0.7m | €1.0m | €1.2m | €1.3m | €1.8m | ▲ 39.5% |
| Equity10/15 | -€0.006m | €0.02m | €0.03m | €0.06m | €0.08m | €0.1m | €0.2m | €0.5m | ▲ 107% |
| Contributions10/11 | €0.06m | €0.06m | €0 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Contributions outside capital11 | - | - | - | €0.06m | - | - | - | - | - |
| Other1109/19 | - | - | - | €0.06m | - | - | - | - | - |
| Reserves13 | €0.02m | €0.02m | €0.02m | - | €0.02m | €0.04m | €0.2m | €0.5m | ▲ 143% |
| Distributable reserves133 | - | - | - | - | €0.02m | €0.04m | €0.2m | €0.5m | ▲ 143% |
| Profit (loss) carried forward14 | -€0.08m | -€0.06m | -€0.05m | -€0.003m | - | - | - | - | - |
| Amounts payable17/49 | €0.4m | €0.5m | €0.5m | €0.6m | €0.9m | €1.1m | €1.1m | €1.3m | ▲ 23.5% |
| Amounts payable after more than one year17 | €0.2m | €0.1m | €0.1m | €0.08m | €0.1m | €0.2m | €0.1m | €0.09m | ▼ 31.0% |
| Financial debts170/4 | - | - | - | €0.08m | €0.1m | €0.2m | €0.1m | €0.09m | ▼ 31.0% |
| Amounts payable within one year42/48 | €0.2m | €0.4m | €0.4m | €0.5m | €0.8m | €0.9m | €0.9m | €1.2m | ▲ 31.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.09m | €0.04m | €0.04m | €0.04m | €0.04m | ▲ 4.2% |
| Financial debts43 | - | - | - | €0.02m | - | - | - | - | - |
| Credit institutions430/8 | - | - | - | €0.02m | - | - | - | - | - |
| Trade debts44 | €0.09m | €0.2m | €0.2m | €0.4m | €0.7m | €0.8m | €0.8m | €1.0m | ▲ 21.1% |
| Suppliers440/4 | - | - | - | €0.4m | €0.7m | €0.8m | €0.8m | €1.0m | ▲ 21.1% |
| Taxes, remuneration and social security45 | - | - | - | €0.05m | €0.02m | €0.05m | €0.07m | €0.2m | ▲ 173% |
| Taxes450/3 | - | - | - | €0.02m | - | - | - | €0.05m | - |
| Remuneration and social security454/9 | - | - | - | €0.03m | €0.02m | €0.05m | €0.07m | €0.1m | ▲ 96.1% |
| Other amounts payable47/48 | - | - | - | - | - | €0.06m | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €36 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €51,392 | €27,120 | €10,465 | €26,949 | €19,345 | €26,318 | €142,574 | €265,045 | ▲ 85.9% |
| + Depreciation and write-downs630 | €16,346 | €16,929 | €18,163 | €28,319 | €28,948 | €57,203 | €61,098 | €68,134 | ▲ 11.5% |
| Operating cash flow (approximation) | €67,738 | €44,049 | €28,627 | €55,268 | €48,293 | €83,521 | €203,673 | €333,179 | ▲ 63.6% |
| Investment in fixed assets (approximation) | - | -€1,750 | -€114,804 | -€23,418 | €7,509 | -€192,418 | -€46,699 | -€47,583 | ▼ 1.9% |
| Change in cash | - | €10,944 | -€1,087 | -€4,461 | €88,485 | -€37,837 | €82,908 | €186,888 | ▲ 125% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 22 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 22-06-2026 | 2026-00189938 | NBB |
| 31-12-2024 | abbreviated format | 10-06-2025 | 2025-00132336 | |
| 31-12-2023 | abbreviated format | 17-06-2024 | 2024-00138711 | |
| 31-12-2022 | abbreviated format | 15-06-2023 | 2023-00133178 | |
| 31-12-2021 | abbreviated format | 25-07-2022 | 2022-20226961 | |
| 31-12-2020 | abbreviated format | 09-08-2021 | 2021-47000078 | |
| 31-12-2019 | abbreviated format | 27-08-2020 | 2020-45000270 | |
| 31-12-2018 | abbreviated format | 28-06-2019 | 2019-24000329 | |
| 31-12-2017 | abbreviated format | 03-07-2018 | 2018-27400449 | |
| 31-12-2016 | abbreviated format | 27-07-2017 | 2017-36500459 |
Board & ownership
Directors
Directors
1 director, last change in 2022
Board 1
Club Med Invest
Current
Director · appointed in the act of 07-12-2022 · Private limited company · permanent representative: Laurent Jacques Nelly MAES · listed in the 2025 annual accounts, filed on 22-06-2026
Permanent representatives 1
Laurent Jacques Nelly MAES
Current
Permanent representative · appointed in the act of 07-12-2022 · for Club Med Invest
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 16. Externe vertegenwoordigingsbevoegdheid. Alle akten en beslissingen die de vennootschap verbinden, in en buiten rechte, zijn…”
deed of 13-05-2022Owners and capital
Shareholders
1 ownerChain of control
- TOM CL
- Club Med Invest
- BOFRESH
Owners 1
- Club Med InvestparentEquity €6.5m Profit of €1.8m in 2025 (profit of €970,191 in 2024)100%
Mandate history
4 people, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Club Med Invest |
|
| TOM CL |
|
| VANHAEKENDOVER Sander |
|
| VANHAEKENDOVER Urbain Irène Louis Arthur |
|
Articles of association
Capital, shares and profit
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Volgrecht en volgplicht, 11ter”“Zoals voorzien in artikel 7, derde en overdrager hoofdelijk tot overname onverminderd schadevergoeding”
Audit, dissolution and liquidation
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Algemene vergadering oproepen binnen 2 maanden na (had moeten) vaststellen toestand, bestuursorgaan”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Geen bevestiging indien enkel schulden jegens aandeelhouders en alle aandeelhouders-schuldeisers schriftelijk akkoord, algemene vergadering…”
Articles of association, deed of 13-05-2022 (in Dutch)
Network & group
Companies at the same address
2 other companiesConnections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
LE CHAMPIGNON DE BRUXELLES
Shared corporate director
→
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
22-06
abbreviated format · 39 days before the deadline
2025
31-12
Financial
Highest result from 2018 to 2025net €265,045 ▲85.9%
The operating result of €369,466 and the net result of €265,045 are both a record.
31-12
Financial
Equity above €500,000equity €512,114 ▲107%
With a profit in every financial year since 2018, equity grows to €512,114.
10-06
abbreviated format · 51 days before the deadline
2024
31-12
Financial
Equity above €200,000equity €247,069 ▲136%
With a profit in every financial year since 2018, equity grows to €247,069.
17-06
abbreviated format · 44 days before the deadline
2023
31-12
Financial
Equity above €100,000equity €104,494 ▲33.7%
With a profit in every financial year since 2018, equity grows to €104,494.
15-06
abbreviated format · 46 days before the deadline
2022
07-12
Gazette deed
Resignations: Club Med Invest bv (director) and Tom CL bv (director)Permanent representatives: Laurent Maes and Tom Claessens · Appointment: Club Med Invest bv (director) · Director discharge8 points ▸
Gazette deed
Resignations: Club Med Invest bv (director) and Tom CL bv (director)
Permanent representatives: Laurent Maes and Tom Claessens · Appointment: Club Med Invest bv (director) · Director discharge8 points ▸
- General meeting, 18-11-2022
- Director resignation, Club Med Invest bv (director)
- Director resignation, Tom CL bv (director)
- Permanent representative, Laurent Maes
- Permanent representative, Tom Claessens, mentioned 2 times in the deed
- Director appointment, Club Med Invest bv (director)
- Director discharge, Club Med Invest bv (director)
- Director discharge, Tom CL bv (director)
25-07
abbreviated format · 6 days before the deadline
13-05
Gazette deed
Resignations: VANHAEKENDOVER Urbain Irène Louis Arthur (manager) and VANHAEKENDOVER Sander (manager)Appointments: Tom CL (director) and CLUB MED INVEST (director) · Permanent representatives: Tom Dirk Emerence CLAESSENS and Laurent Jacques Nelly MAES · Amendment of the articles16 points ▸
Gazette deed
Resignations: VANHAEKENDOVER Urbain Irène Louis Arthur (manager) and VANHAEKENDOVER Sander (manager)
Appointments: Tom CL (director) and CLUB MED INVEST (director) · Permanent representatives: Tom Dirk Emerence CLAESSENS and Laurent Jacques Nelly MAES · Amendment of the articles16 points ▸
- General meeting, 03-05-2022
- Amendment of the articles, 31
- Amendment of the articles
- Capital
- Other provision, “statutair (on)beschikbaar eigen vermogen, geen” (deed in Dutch)
- Director resignation, VANHAEKENDOVER Urbain Irène Louis Arthur (manager)
- Director resignation, VANHAEKENDOVER Sander (manager)
- Director discharge, VANHAEKENDOVER Urbain Irène Louis Arthur
- Director discharge, VANHAEKENDOVER Sander
- Director appointment, Tom CL (director)
- Director appointment, CLUB MED INVEST (director)
- Permanent representative, Tom Dirk Emerence CLAESSENS
- The act holds 4 more points.
2021
09-08
abbreviated format · 9 days late
Show earlier events
2020
31-12
Financial
Weakest financial yearnet €10,465 ▼61.4%
The net result drops to €10,465, the lowest from 2018 to 2025. It recovers the following year.
27-08
abbreviated format · 27 days late
2019
28-06
abbreviated format · 33 days before the deadline
2018
03-07
abbreviated format · 28 days before the deadline
2017
27-07
abbreviated format · 4 days before the deadline
2002
26-06
Gazette deed
Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
BOFRESH in Dutch
Enterprise number
0477.740.242
Legal form
Private limited company
Status
Active, normale toestand
Founded
12-06-2002
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 13-05-2022 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaamse Gewest, voor zover geen wijziging taal statuten vereist door taalwetgeving”
deed of 13-05-2022 (in Dutch)Registered office and establishments
Registered office
Durasweg 16, 3440 Zoutleeuw, Belgium
Establishment unit
BOFRESH BVBA, Durasweg 16, 3440 Zoutleeuw since 01-05-2005 · unit number 2.172.661.725
Activities
NACEBEL 2025VAT activities
46319
Wholesale of fruit and vegetables, excluding potatoes main activity
Social security (RSZ) activities
46319
Wholesale of fruit and vegetables, excluding potatoes main activity
Codes under NACEBEL 2008
VAT activities
46319
Wholesale of fruit and vegetables, excluding potatoes main activity
Social security (RSZ) activities
46319
Wholesale of fruit and vegetables, excluding potatoes main activity
Codes under NACEBEL 2003
VAT activities
51310
main activity
Social security (RSZ) activities
51310
main activity
Joint committees
119 Paritair Comité voor de handel in voedingswaren
200 Aanvullend Paritair Comité voor de bedienden annual accounts 2025
Invoicing and payment
VAT number
BE 0477.740.242
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Tuesday of June at 20:00
deed of 13-05-2022 (in Dutch)Recognitions · licences · registrations
Food safety, FASFC
1 siteZoutleeuwunit number 2.172.661.725
Environmental permits
1 application in Flanders since 2025 · 1 granted
Het reliëf van de bodem aanmerkelijk wijzigen; Nieuwbouw of aanleggen; Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning); Slopen van niet vrijstaande gebouwen of constructies; Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Source: Omgevingsloket Vlaanderen.
Sites & property
Location
Buildings and parcels at the address
Ground area
4,547 m²
Building footprint
601 m²
Building volume
2,997 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24130E0174/00T000 | Flanders | 4,547 m² | 1 · 601 m² | 6.8 m · 2 |