CENTRAL FOOD
ActiveSummary
The computed 12-month bankruptcy probability of CENTRAL FOOD is 1.6% (moderate). The 2024 annual accounts show equity of €130k and a net result of €-2k. Equity is shrinking by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 48% of 26043 sector peers (fiscal year 2024). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability68▼-4
Solvency55▼-12
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity tight (current ratio 1.42 against 1.69 in 2023; short-term debt: 70% and cash: 0.6% of total assets), and 70% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
30%
Return on assets
-0.5%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 10-12-2025, 132 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
132 d late
2023
159 d late
2022
91 d late
2021
177 d late
2020
254 d late
2019
206 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-2k
2023 · €9k
2018: €5k
2019: €20k
2020: €-49k
2021: €-16k
2022: €10k
2023: €9k
2018 → 2024
Working capital
€127k▼ 0.8%
2023 · €128k
2018: €144k
2019: €159k
2020: €118k
2021: €107k
2022: €117k
2023: €128k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€129k-€113k▼ 12.1%€123k▲ 8.7%€132k▲ 7.3%€130k▼ 1.5%
Operating result€52k-€-13k€29k€13k▼ 55.3%€10k▼ 25.7%
Net result€-49k-€-16k▲ 68.4%€10k€9k▼ 8.8%€-2k
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 26% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €434k
Fixed assets
€3k ▼ 24.2%
Current assets
€431k ▲ 37.7%
Equity and liabilities €434k
Equity
€130k ▼ 1.5%
Debt
€304k ▲ 64.4%
Debt's share of the balance-sheet total rises from 58.3% to 70.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€11k▼
2023 · €14k
Cash flow
€-990▼
2023 · €11k
Current ratio
1.42▼
2023 · 1.69
Quick ratio
0.82▲
2023 · 0.55
Debt to equity
2.33▲
2023 · 1.40
ROE
-1.5%▼
2023 · 6.8%
ROA
-0.5%▼
2023 · 2.8%
Interest coverage
6.34▼
2023 · 43.93
Debt ≤ 1 year
€304k▲
2023 · €185k
Income taxes
€10k▲
2023 · €4k
Staff costs
€51k▼
2023 · €82k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€317k€434k▲
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€3k€2k▼
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€1k€1k=
Current assets29/58€313k€431k▲
Stocks and contracts in progress3€211k€181k▼
Stocks30/36€211k€181k▼
Amounts receivable within one year40/41€84k€247k▲
Trade receivables40€84k€228k▲
Other amounts receivable41€134€19k▲
Cash at bank and in hand54/58€17k€3k▼
Equity and liabilities
Total equity and liabilities10/49€317k€434k▲
Equity10/15€132k€130k▼
Contributions10/11€119k€119k=
Capital10€119k-
Issued capital100€119k-
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Legal reserve130€3k-
Other1319-€3k
Profit (loss) carried forward14€10k€8k▼
Amounts payable17/49€185k€304k▲
Amounts payable within one year42/48€185k€304k▲
Trade debts44€156k€247k▲
Suppliers440/4€156k€247k▲
Taxes, remuneration and social security45€19k€18k▼
Taxes450/3€6k€6k▲
Remuneration and social security454/9€13k€12k▼
Other amounts payable47/48€10k€38k▲
Income statement
Code20232024
Remuneration, social security and pensions62€82k€51k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€5k€5k▲
Other operating charges640/8€16k€65k▲
Gross operating margin9900€117k€131k▲
Operating profit (loss)9901€13k€10k▼
Financial income75/76B€510-
Recurring financial income75€510-
Financial charges65/66B€329€2k▲
Recurring financial charges65€329€2k▲
Profit (loss) for the period before taxes9903€13k€8k▼
Income taxes67/77€4k€10k▲
Profit (loss) for the period9904€9k€-2k▼
Profit (loss) for the period to be appropriated9905€9k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€8k▼
Profit (loss) brought forward from the previous period14P€1k€10k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 132 days late
06-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 159 days late
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 91 days late
24-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 177 days late
2022
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
11-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 254 days late
2021
22-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 206 days late
2020
31-12
Financial
Weakest financial yearnet €-49k ▼346%
Net result drops to €-49k, the lowest in the series; recovery starts the following year.
2019
31-12
Financial
Highest result since 2018net €20k ▲287%
Net result €20k, the highest in the series.
04-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 96 days late
2018
27-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 88 days late
2017
28-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 89 days late
2016
04-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 65 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Brussel · 1 establishment unit since 2018
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.
Fineaustraat 20-221020 BrusselGround area
1,477 m²
Building footprint
621 m²
Volume, LiDAR
4,804 m³
Parcel 21816C0099/00S006, Brussels · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CENTRAL FOOD
since 20182.272.386.237
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21816C0099/00S006 | Brussels | 1,477 m² | 1 · 621 m² | 9.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.272.386.237
Similar companies · same sector, comparable size
Thuiszorg Bijdehand
BE 0843.285.633
Lummen · Eq €130,203
ARMSTAR
BE 0556.698.737
Sint-Niklaas · Eq €130,214
BES't
BE 0762.547.979
Tongeren-Borgloon · Eq €129,820
BROUWLAND
BE 0412.461.618
Beringen · Eq €130,517
DE COCK - MESKENS
BE 0459.854.927
Merchtem · Eq €130,539
Of 2,476 companies in sector 47279 we hold annual accounts for 950. 749 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded31-12-2008
Fiscal year end31-12
Activities, NACEBEL 2025
46389Wholesale of other food products
47279Other retail sale of food
46360Wholesale trade
46392Non-specialised wholesale
47252Retail sale of beverages, general range
47260Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.