Parent and group
- Culinor Food Group100%
- Culinor Europe100%
COVIFOOD
ActiveSummary
COVIFOOD has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €730,847 and a net result of €56,478. Equity has been growing by about 11% per year since 2018. Its solvency ranks better than 50% of 955 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Official details
Source: KBO- Status
- Active since 09-09-1998 Normal situation
- Registered office
- 212 active companies are registered at this address 13 started in the 12 months before. Source: KBO register, as of 4 November 2026.
- Activity
- Contract catering and other food service activities NACE 56220
- Establishment unit
- 2.090.031.680 1020 Brussel, since 20-01-1999
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
Board
- ESTORNUDODirector · permanent representative Werner Nies
- Soeurs SerrasDirector · permanent representative Bart Serras
- Auditor
- Forvis Mazars Bedrijfsrevisoren
Shareholders
- CULINOR100%· score 842025 annual accounts of CULINOR
- Orior AGconsolidatesannual accounts 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.5%
Annual accounts 2025
- Gross margin
- €77,852
- ▲ 7.7%
- Turnover
- ≈ €250,000
- estimated
- Profit
- €56,478
- ▼ 6.6%
- Equity
- €730,847
- ▲ 8.4%
- Total assets
- €2.4m
- ▲ 12.0%
Score breakdownraises riskLiquidity: current ratio 1.43Sector: Food and beverage service activities (NACE 56)lowers riskFounded in 1998Size: total assets €2.4mShow the evidence
Checked score
Score 2025
81
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 38% of small companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Weak
Solvency
55-1
equity 30.2% of total assets
Liquidity
25-2
short-term debt 69.8%
Profitability
43-2
return on assets 2.3%
Bankruptcy probability within 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.6%▲ +0.1 percentage points vs 05-2025
07-2025: 0.7%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.5%▼ -0.2 percentage points vs 07-2025lowest value
09-2025: 0.5%● unchanged vs 08-2025lowest value
10-2025: 0.5%● unchanged vs 09-2025lowest value
11-2025: 0.5%● unchanged vs 10-2025lowest value
12-2025: 0.5%● unchanged vs 11-2025lowest value
01-2026: 0.5%● unchanged vs 12-2025lowest value
02-2026: 0.5%● unchanged vs 01-2026lowest value
03-2026: 0.5%● unchanged vs 02-2026lowest value
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.5%● unchanged vs 06-2026lowest value
08-2026: 0.5%● unchanged vs 07-2026lowest value
09-2026: 0.5%● unchanged vs 08-2026lowest value
10-2026: 0.5%● unchanged vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Credit of up to €55,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.43 (1.45 in 2024), below the usual 1.5. Short-term debt is 69.8% of total assets. 69.8% 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 56, small). It does better than 51% of them on solvency, 16% on liquidity, 25% on profitability and 59% on growth.
The bankruptcy probability was computed on 03-11-2026 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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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 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 days early
2024
23 days early
2023
40 days early
2022
38 days early
2021
41 days early
2020
33 days early
2019
3 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 31 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% 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 22 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
Recent changes
- · Gazette deed 4 reappointedReappointments: BV SOEURS SERRAS, BV ESTORNUDO and Forvis Mazars Bedrijfsrevisoren · Permanent representatives: Bart Serras and Werner Nies
- · Gazette deed Resignation: ORIOR EUROPE (director)Permanent representative: DE SPIEGELEIRE Filip
- · Gazette deed Reappointment: MAZARS BEDRIJFSREVISOREN (statutory auditor)Permanent representatives: Thomas Verhamme and Filip De Spiegeleire
Companies linked to COVIFOOD
Comparable companies
These companies have the same main activity as COVIFOOD: contract catering and other food service activities (NACE 56220). They are comparable in size and age: total assets between €816,000 and €2.5m, founded between 1992 and 2009.
| Company | Total assets | Gross margin |
|---|---|---|
| COVIFOOD Brussel | €2.4m | €0.08m |
| REAL ESTATE & MANAGEMENT Oostkamp | €2.4m | €0.1m |
| GSS Aartselaar | €2.5m | €0.3m |
| DERUDDERE KAREN Beernem | €1.3m | €0.1m |
| Cookie Boys Tervuren | €0.8m | €0.1m |
| LAPSI Mouscron | €1.1m | €0.2m |
| FOETS VERFIJNDE KEUKEN Mol | €0.9m | €0.1m |
Key facts about COVIFOOD
- What is the company number of COVIFOOD?
- The company number of COVIFOOD is 0464.100.062. The VAT number is the same number with BE in front: BE 0464.100.062.
- Where is COVIFOOD based?
- The registered office is at Esplanade 1, 1020 Brussel.Company details
- What does COVIFOOD do?
- According to the KBO register, the main activity is contract catering and other food service activities (NACE 56220).
- What is the legal form of COVIFOOD?
- The legal form of COVIFOOD is Public limited company (NV).
- When was COVIFOOD founded?
- COVIFOOD was founded on 09-09-1998.
- Is COVIFOOD still active?
- Yes, COVIFOOD is an active enterprise in the KBO register.
- What is the turnover of COVIFOOD?
- The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €77,852 and 57 comparable companies (NACE 56). It probably lies between €190,000 and €330,000.Financials
- Is COVIFOOD profitable?
- In financial year 2025, COVIFOOD made a profit of €56,478.
- Where can I find the annual accounts of COVIFOOD?
- COVIFOOD filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of COVIFOOD due?
- COVIFOOD must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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