FAINFOOD is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €7.55M and a net result of €-200k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 37% of 2385 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
33 d late
2022
12 d early
2021
16 d early
2020
33 d early
2019
32 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Equity
€7.55M▼ 2.6%
2024 · €7.75M
2018: €6.91M
2019: €6.72M
2020: €6.92M
2021: €7.82M
2022: €7.77M
2023: €7.94M
2024: €7.75M
2018 → 2025
Net result
€-200k▼ 7.8%
2024 · €-185k
2018: €-768k
2019: €-189k
2020: €201k
2021: €906k
2022: €-56k
2023: €170k
2024: €-185k
2018 → 2025
Total assets
€16.58M▼ 1.9%
2024 · €16.91M
2018: €16.25M
2019: €14.64M
2020: €14.16M
2021: €15.14M
2022: €15.45M
2023: €19.42M
2024: €16.91M
2018 → 2025
Solvency
45.6%▼ 0.3pp
2024 · 45.9%
2018: 42.5%
2019: 45.9%
2020: 48.9%
2021: 51.7%
2022: 50.3%
2023: 40.9%
2024: 45.9%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€7.82M-€7.77M▼ 0.7%€7.94M▲ 2.2%€7.75M▼ 2.3%€7.55M▼ 2.6%
Operating result€-396k-€-565k▼ 42.5%€-463k▲ 18.1%€-534k▼ 15.3%€-505k▲ 5.4%
Net result€906k-€-56k€170k€-185k€-200k▼ 7.8%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €505k in 2025 against €534k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €16.58M
Fixed assets
€4.96M=
Current assets
€11.63M▼ 2.7%
Equity and liabilities €16.58M
Equity
€7.55M▼ 2.6%
Debt
€9.03M▼ 1.4%
The debt ratio rises from 54.1% to 54.4%. Equity and debt are lower.
Key figures and ratios
Solvency
45.6%▼
2024 · 45.9%
ROE
-2.6%▼
2024 · -2.4%
ROA
-1.2%▼
2024 · -1.1%
Debt
€9.03M▼
2024 · €9.16M
Debt ≤ 1 year
€7.68M▲
2024 · €7.57M
Debt > 1 year
€1.28M▼
2024 · €1.51M
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€16.91M€16.58M▼
Fixed assets21/28€4.96M€4.96M=
Financial fixed assets28€4.96M€4.96M=
Current assets29/58€11.95M€11.63M▼
Amounts receivable after more than one year29€11.15M€10.50M▼
Other amounts receivable291€11.15M€10.50M▼
Amounts receivable within one year40/41€255k€225k▼
Trade receivables40€5k€8k▲
Other amounts receivable41€250k€216k▼
Cash at bank and in hand54/58€53k€452k▲
Deferred charges and accrued income490/1€496k€450k▼
Equity and liabilities
Total equity and liabilities10/49€16.91M€16.58M▼
Equity10/15€7.75M€7.55M▼
Contributions10/11€8.36M€8.36M=
Capital10€8.36M€8.36M=
Issued capital100€8.36M€8.36M=
Profit (loss) carried forward14€-605k€-804k▼
Amounts payable17/49€9.16M€9.03M▼
Amounts payable after more than one year17€1.51M€1.28M▼
Financial debts170/4€1.51M€1.28M▼
Amounts payable within one year42/48€7.57M€7.68M▲
Current portion of amounts payable after more than one year42€219k€229k▲
Trade debts44€63k€59k▼
Suppliers440/4€63k€59k▼
Other amounts payable47/48€7.29M€7.39M▲
Accrued charges and deferred income492/3€72k€65k▼
Income statement
Code20242025
Other operating charges640/8€1k€1k▲
Gross operating margin9900€-533k€-504k▲
Operating profit (loss)9901€-534k€-505k▲
Financial income75/76B€502k€447k▼
Recurring financial income75€502k€447k▼
Financial charges65/66B€154k€142k▼
Recurring financial charges65€154k€142k▼
Profit (loss) for the period before taxes9903€-185k€-200k▼
Profit (loss) for the period9904€-185k€-200k▼
Profit (loss) for the period to be appropriated9905€-185k€-200k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-605k€-804k▼
Profit (loss) brought forward from the previous period14P€-419k€-605k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
02-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 33 days late
2023
31-12
Financial
Back to profitnet €170k
Net result €170k after one loss-making year.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €906k ▲350%
Net result €906k, the highest in the series.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €201k
Net result €201k after 2 loss-making years.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
13 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, Lievegem · 1 establishment unit since 2008
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.
Grote Baan 1969920 LievegemGround area
1.4 ha
Building footprint
542 m²
Volume, LiDAR
3,444 m³
Parcel 44036A1320/00M000, Flanders · tallest building 15.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FAINFOOD NV
since 20082.173.590.945
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44036A1320/00M000 | Flanders | 1.4 ha | 1 · 542 m² | 15.3 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 510 EUR awarded · 510 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 510 EUR | 510 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 24,727 companies in sector 64210 we hold annual accounts for 19,759. 6,868 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded16-05-2008
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 17 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.