Financials
- Financial year
- 2025
- Total assets
- €118,381
- Loss
- -€19,681
- Solvency
- 8.7%
Etihad Food
ActiveSummary
The computed 12-month bankruptcy probability of Etihad Food is 2.8% (moderate). The 2025 annual accounts show equity of €10,319 and a net result of -€19,681. Its solvency ranks better than 17% of 9,770 sector peers (NACE 46, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Wholesale trade
NACE 46350
1 site
Size
€118,381total assets 2025
- Equity
- €10,319
- Loss
- -€19,681
Turnover not published (abbreviated format)
Why 50raises risk1 change of registered office in 24 monthsFounded in 2025Last filed accounts filed 59 days late; 1 of the last 3 latelowers riskLiquidity: current ratio 1.73, cash €49,728Show the evidence
Checked score
Score 2025
50
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 35% of its sector peers (NACE 46, micro)
Financial strength
Weak
Solvency
34
equity 8.7% of total assets
Liquidity
71
short-term debt 56.7% · cash 42.0%
Profitability
0
return on assets -16.6%
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
04-2026: 3.6%
05-2026: 3.6%● unchanged vs 04-2026
06-2026: 3.7%▲ +0.1 percentage points vs 05-2026
07-2026: 4.1%▲ +0.4 percentage points vs 06-2026
08-2026: 4.3%▲ +0.2 percentage points vs 07-2026
09-2026: 4.7%▲ +0.4 percentage points vs 08-2026highest value
10-2026: 2.8%▼ -1.9 percentage points vs 09-2026lowest value
Credit of up to €500 on 30-day terms is acceptable
Liquidity ample (current ratio 1.73, above the usual 1.5; short-term debt: 56.7% and cash: 42% of total assets), but 91.3% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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, micro): better than 22% on solvency, 76% on liquidity and 6% on profitability.
The bankruptcy probability was computed on 25-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 9770 sector peers (2025).
NBB · sector comparisonPosition among 9770 sector peers
Solvency
better than 17%
← weakest
strongest →
raises risk · 2025 accounts filed 59 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-09-2026, 59 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 · 1 filingDeviation from the deadline
2025
59 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Registered officeRegistered-office move · Director in…
- IncorporationAppointments: RAHIMI Feredon (director) and…
Key points
By topic
Board & ownership
- Board
- 2 members
- HAMDARD YasserDirector
- RAHIMI FeredonDirector
Network & group
- Connected companies
- 1
Timeline
- Events
- 3
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Wholesale tradeNACE 46350
- Founded
- 31-03-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 31
- Annual meeting
- Last Friday of June at 11:00
- Statutory auditor
- No statutory auditor
Key facts about Etihad Food
- What is the company number of Etihad Food?
- 1021.683.281. In Belgium the VAT number is the company number with BE in front: BE 1021.683.281.
- Where is Etihad Food based?
- The registered office is at Filips van Cleeflaan 105, 9000 Gent.Company details
- What does Etihad Food do?
- According to the KBO register, the main activity is wholesale trade (NACE 46350).
- What is the legal form of Etihad Food?
- Private limited company (BV).
- When was Etihad Food founded?
- On 31-03-2025.
- Is Etihad Food still active?
- Yes, Etihad Food is an active enterprise in the KBO register.
- What is the turnover of Etihad Food?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is Etihad Food profitable?
- In financial year 2025, Etihad Food made a loss of €19,681.
- Where can I find the annual accounts of Etihad Food?
- Etihad Food filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Companies related to Etihad Food
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