CHERRY FOOD

Active

Private limited company (pre-2019)founded 201510 yrs activeMechelsestraat 50, 1000 Brussel, BelgiumKBO/BCE: BE 0641.660.146

The computed 12-month bankruptcy probability of CHERRY FOOD is 4.4% (elevated). The annual accounts of CHERRY FOOD for fiscal year 2024 show a net loss of 53% of total assets. The 2024 annual accounts show equity of €26k and a net result of €-16k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 18942 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

47 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0▼-92

Solvency100=

Growth52=

Track record100

Bankruptcy probability, 12 months

4.4% Elevated

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity ample (current ratio 2.0 against 78.99 in 2023; short-term debt: 13.1% and cash: 7.2% of total assets), and 13.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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

Solvency, return and age of the figures

Solvency

86.9%

Return on assets

-53.5%

Age of the figures

21 mo

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 26-11-2025, 118 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 · 6 filings

Deviation from the deadline

2025

not confirmed

2024

118 d late

2023

on the day

2022

61 d late

2021

304 d late

2020

349 d late

2019

88 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€26k▼ 38.1%

2023 · €42k

2019: €-28k 2020: €-34k 2021: €54k 2022: €55k 2023: €42k

2019 → 2024

Total assets

€30k▼ 29.0%

2023 · €42k

2019: €78k 2020: €70k 2021: €78k 2022: €76k 2023: €42k

2019 → 2024

Net result

€-16k

2023 · €8k

2019: €11k 2020: €-6k 2021: €-12k 2022: €845 2023: €8k

2019 → 2024

Working capital

€4k▼ 66.6%

2023 · €12k

2019: €21k 2020: €20k 2021: €26k 2022: €35k 2023: €12k

2019 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€-34k-€54k€55k▲ 1.8%€42k▼ 24.4%€26k▼ 38.1%

Operating result€-6k-€-12k▼ 119%€1k€8k▲ 639%€-16k

Net result€-6k-€-12k▼ 98.8%€845€8k▲ 824%€-16k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2024: a loss of €16k after €8k in 2023, the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €30k

73.9%

26.1%

Fixed assets €22k▼ 27.2%

Current assets €8k▼ 33.9%

Equity and liabilities €30k

86.9%

13.1%

Equity €26k▼ 38.1%

Debt €4k▲ 2,517%

The debt ratio rises from 0.4% to 13.1%. Equity is lower and debt is higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€-8k▼

2023 · €14k

Cash flow

€-9k▼

2023 · €14k

Solvency

86.9%▼

2023 · 99.6%

Current ratio

2.00▼

2023 · 78.99

Quick ratio

0.81▼

2023 · 24.68

Debt / equity

0.15▲

2023 · 0.00

ROE

-61.5%▼

2023 · 18.8%

ROA

-53.5%▼

2023 · 18.7%

Interest coverage

-26.46▼

2023 · 826.87

Debt

€4k▲

2023 · €148

Debt ≤ 1 year

€4k▲

2023 · €148

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€42k€30k▼

Fixed assets21/28€30k€22k▼

Intangible fixed assets21€5k€3k▼

Tangible fixed assets22/27€20k€14k▼

Plant, machinery and equipment23€13k€8k▼

Furniture and vehicles24€7k-

Other tangible fixed assets26-€6k

Financial fixed assets28€5k€5k=

Current assets29/58€12k€8k▼

Stocks and contracts in progress3€8k€5k▼

Stocks30/36€8k€5k▼

Amounts receivable within one year40/41€532€1k▲

Other amounts receivable41€532€1k▲

Cash at bank and in hand54/58€3k€2k▼

Equity and liabilities

Total equity and liabilities10/49€42k€30k▼

Equity10/15€42k€26k▼

Contributions10/11€98k€98k=

Profit (loss) carried forward14€-56k€-72k▼

Amounts payable17/49€148€4k▲

Amounts payable within one year42/48€148€4k▲

Taxes, remuneration and social security45-€4k

Taxes450/3-€4k

Other amounts payable47/48€148€1▼

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€7k▲

Other operating charges640/8€1k€734▼

Non-recurring operating charges66A-€2k

Gross operating margin9900€15k€-6k▼

Operating profit (loss)9901€8k€-16k▼

Financial income75/76B-€33

Recurring financial income75-€33

Financial charges65/66B€17€321▲

Recurring financial charges65€17€321▲

Profit (loss) for the period before taxes9903€8k€-16k▼

Profit (loss) for the period9904€8k€-16k▼

Profit (loss) for the period to be appropriated9905€8k€-16k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-56k€-72k▼

Profit (loss) brought forward from the previous period14P€-64k€-56k▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 10Financial 4Filings 6

2025

26-11

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 118 days late

2024

31-12

Financial Weakest financial yearnet €-16k ▼303%

Net result drops to €-16k, the lowest in the series.

31-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Liquidity triplescurrent ratio 78.99

Current ratio from 29.75 to 78.99; short-term debt falls from €1k to €148.

30-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 61 days late

31-05

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 304 days late

2022

31-12

Financial Back to profitnet €845

Net result €845 after 2 loss-making years.

31-12

Financial Liquidity times 5current ratio 29.75

Current ratio from 5.97 to 29.75; short-term debt falls from €5k to €1k.

15-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 349 days late

2020

27-10

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 88 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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 2016

establishment The establishment unit on the map

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.

Mechelsestraat 501000 Brussel

Ground area

19 m²

Building footprint

28 m²

Volume, LiDAR

369 m³

Parcel 21802B0077/00H000, Brussels · tallest building 19.2 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

CHERRY FOOD

Mechelsestraat 50, 1000 BrusselFood and beverage service activities

since 20162.254.743.323

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21802B0077/00H000	Brussels	19 m²	1 · 28 m²	19.2 m · 5 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 site

Brussel2.254.743.323

1 permission

Toelating · Eetgelegenheid · since 25-08-2016

Similar companies · same sector, comparable size

Marche-en-Famenne · Eq €26k

FASTFOOD WAY

BE 0793.558.681

Etterbeek · Eq €26k

Of 21,896 companies in sector 56112 we hold annual accounts for 9,784. 8,308 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company (pre-2019)

Founded16-10-2015

Fiscal year end31-12

Activities, NACEBEL

56102Limited-service restaurants

56112Limited-service restaurants, excluding mobile food services

Sources

Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.