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COUNTRY ROADS

Active
Private limited companyfounded 2021active for 5 yearsMarche, Place du Roi Albert 3, 6900 Marche-en-Famenne, BelgiumKBO/BCE: BE 0770.821.089
Summary

The computed 12-month bankruptcy probability of COUNTRY ROADS is 3.9% (moderate). The 2025 annual accounts show negative equity (-€108,427) and a net result of -€30,085. Equity has been shrinking by about 43% per year since 2022. Its solvency ranks better than 5% of 1,899 sector peers (NACE 10, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 06-07-2021 Normal situation
Activity
Manufacture of food products NACE 10830
Establishment unit
2.319.491.615 6900 Marche-en-Famenne, since 06-07-2021
Financial year end
31 December
Peppol
Reachable since 09-12-2025

Board and ownership

Board
  • Pierre DelzenneManaging director

Financial position

47 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.9%
Annual accounts 2025
Gross margin
€68,581
Turnover
≈ €210,000
estimated
Loss
€30,085
Equity
-€108,427
Total assets
€75,788
Employees on 31-12-2025
3
  • Negative equity on 31-12-2025
  • 2025 accounts filed 4 days after the deadline
Filed on 04-08-2026
Score breakdownraises riskSector: Manufacture of food products (NACE 10)Founded in 2021Negative equity -€108,427lowers riskSize: total assets €75,788Show the evidence

Checked score

Score 2025
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 14% of micro companies in food products (NACE 10)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -143.1% of total assets
Liquidity 9+7
short-term debt 229.9% · cash 7.4%
Profitability 44-5
return on assets -39.7%
Bankruptcy probability within 12 months
3.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.1% (3,081 companies, NACE 10, micro)
Last 24 months 12-2024: 6.5% 01-2025: 5.3%▼ -1.2 percentage points vs 12-2024 02-2025: 5.3%● unchanged vs 01-2025 03-2025: 4.7%▼ -0.6 percentage points vs 02-2025 04-2025: 4.7%● unchanged vs 03-2025 05-2025: 4.7%● unchanged vs 04-2025 06-2025: 4.7%● unchanged vs 05-2025 07-2025: 4.6%▼ -0.1 percentage points vs 06-2025 08-2025: 4.6%● unchanged vs 07-2025 09-2025: 4.5%▼ -0.1 percentage points vs 08-2025 10-2025: 4.4%▼ -0.1 percentage points vs 09-2025 11-2025: 4.6%▲ +0.2 percentage points vs 10-2025 12-2025: 4.9%▲ +0.3 percentage points vs 11-2025 01-2026: 5.0%▲ +0.1 percentage points vs 12-2025 02-2026: 5.7%▲ +0.7 percentage points vs 01-2026 03-2026: 5.8%▲ +0.1 percentage points vs 02-2026 04-2026: 6.1%▲ +0.3 percentage points vs 03-2026 05-2026: 6.1%● unchanged vs 04-2026 06-2026: 6.7%▲ +0.6 percentage points vs 05-2026 07-2026: 7.9%▲ +1.2 percentage points vs 06-2026highest value 08-2026: 7.9%● unchanged vs 07-2026 09-2026: 4.1%▼ -3.8 percentage points vs 08-2026 10-2026: 3.9%▼ -0.2 percentage points vs 09-2026lowest value 11-2026: 3.9%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.24 (0.29 in 2024), below 1. Short-term debt is 229.9% and cash 7.4% of total assets. Equity is negative.
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 10, micro). It does better than 6% of them on solvency, 7% on liquidity and 28% on profitability.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Sector: Manufacture of food products (NACE 10)
KBO
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Negative equity -€108,427
NBB · annual accounts
lowers risk · Size: total assets €75,788
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
22232425
2022 to 2025 · latest year -€108,427
raises risk · 2025 accounts filed 4 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2025
4 days late
2024
42 days early
2023
33 days early
2022
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 18 days before the deadline. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€108,427 View
  • Risk: 4 loss-making years in a rowloss in financial year 2025 -€30,085 View
  • Caution: Less equity than 95% of companies in food productssector median €51,709 · 1,902 companies -€108,427 View

Comparable companies

These companies have the same main activity as COUNTRY ROADS: manufacture of food products (NACE 10830). They are comparable in size and age: total assets between €34,600 and €141,000, founded between 2020 and 2022.

CompanyTotal assetsGross margin
COUNTRY ROADS Marche-en-Famenne€75,788€68,581
les Cafés La Colombe Quaregnon€112,005€61,039
NAFT Oud-Heverlee€83,988€35,586
La-Thé Poperinge€140,926€61,169
CAFE COLOMBIA Schaarbeek€94,156€151,969
Melange Thee Mortsel€130,940€34,392
Patron Gent€34,608€47,399
Full comparison

Key facts about COUNTRY ROADS

What is the company number of COUNTRY ROADS?
The company number of COUNTRY ROADS is 0770.821.089. The VAT number is the same number with BE in front: BE 0770.821.089.
Where is COUNTRY ROADS based?
The registered office is at Marche, Place du Roi Albert 3, 6900 Marche-en-Famenne.Company details
What does COUNTRY ROADS do?
According to the KBO register, the main activity is manufacture of food products (NACE 10830).
What is the legal form of COUNTRY ROADS?
The legal form of COUNTRY ROADS is Private limited company (BV).
When was COUNTRY ROADS founded?
COUNTRY ROADS was founded on 06-07-2021.
Is COUNTRY ROADS still active?
Yes, COUNTRY ROADS is an active enterprise in the KBO register.
How many employees does COUNTRY ROADS have?
COUNTRY ROADS had an average of 1.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of COUNTRY ROADS?
The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €68,581 and 2,678 comparable companies of the same size. It probably lies between €140,000 and €360,000. It is a rough estimate.
Is COUNTRY ROADS profitable?
In financial year 2025, COUNTRY ROADS made a loss of €30,085.
Where can I find the annual accounts of COUNTRY ROADS?
COUNTRY ROADS filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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