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FAZ FOOD

Active
Private limited companyfounded 2021active for 5 yearsRue Saint-Léonard 214, 4000 Liège, BelgiumKBO/BCE: BE 0770.225.035
Summary

The computed 12-month bankruptcy probability of FAZ FOOD is 5.1% (elevated). The 2024 annual accounts show equity of €50,352 and a net result of €14,544. Equity is growing by about 53% per year across the filed financial years. Its solvency ranks better than 71% of 18,737 sector peers (NACE 56, financial year 2024). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Limited-service restaurants, excluding mobile food services
NACE 56112
2 sites
Size
€93,689total assets 2024
Equity
€50,352
Profit
€14,544
Turnover not published (micro format)
Financial health
40 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.1%
Structure
Accounts 75 days overdue0 of 1 deed read
Why 40raises risk1 financial year not filed after the legal deadline; latest accounts 83 days late; 2 of the last 3 lateFigures for financial year 2024 (filed 22-10-2025)Sector: Food and beverage service activities (NACE 56)Size: total assets €93,689Show the evidence

Checked score

Score 2024
40 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 72% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Strong
Solvency 79-6
equity 53.7% of total assets
Liquidity 58+6
short-term debt 46.3% · cash 24.9%
Profitability 88-12
return on assets 15.5%
Bankruptcy probability, 12 months
5.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,715 companies, NACE 56, micro)
Last 24 months 11-2024: 3.3% 12-2024: 3.3%● unchanged vs 11-2024 01-2025: 3.3%● unchanged vs 12-2024 02-2025: 3.2%▼ -0.1 percentage points vs 01-2025 03-2025: 2.9%▼ -0.3 percentage points vs 02-2025 04-2025: 2.9%● unchanged vs 03-2025 05-2025: 3.0%▲ +0.1 percentage points vs 04-2025 06-2025: 3.0%● unchanged vs 05-2025 07-2025: 3.0%● unchanged vs 06-2025 08-2025: 3.7%▲ +0.7 percentage points vs 07-2025 09-2025: 4.2%▲ +0.5 percentage points vs 08-2025 10-2025: 5.2%▲ +1.0 percentage point vs 09-2025highest value 11-2025: 3.0%▼ -2.2 percentage points vs 10-2025 12-2025: 3.0%● unchanged vs 11-2025 01-2026: 2.9%▼ -0.1 percentage points vs 12-2025 02-2026: 2.9%● unchanged vs 01-2026 03-2026: 2.9%● unchanged vs 02-2026lowest value 04-2026: 2.9%● unchanged vs 03-2026 05-2026: 2.9%● unchanged vs 04-2026 06-2026: 2.9%● unchanged vs 05-2026 07-2026: 2.9%● unchanged vs 06-2026 08-2026: 3.7%▲ +0.8 percentage points vs 07-2026 09-2026: 4.0%▲ +0.3 percentage points vs 08-2026 10-2026: 5.1%▲ +1.1 percentage points vs 09-2026
Credit of up to €2,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity ample (current ratio 1.78, compared with 1.96 in 2023, above the usual 1.5; short-term debt: 46.3% and cash: 24.9% of total assets), and 46.3% 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 56, micro): better than 71% on solvency, 62% on liquidity, 76% on profitability and 77% on growth.

The bankruptcy probability was computed on 13-10-2026 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.
raises riskneutral
raises risk · 1 financial year not filed after the legal deadline; latest accounts 83 days late; 2 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 22-10-2025)
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Size: total assets €93,689
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 75 days later.
NBB · 3 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline14-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-10-2025, 83 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 · 3 filings
Deviation from the deadline
2025
not filed
2024
83 days late
2023
27 days late
2022
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 47 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Highest result from 2022 to 2024net €23,080 ▲115%

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 75 days late View
  • Total assets 20243 financial years filed €93,689 View
  • Active since 2021founded 23-06-2021 5 years View

By topic

Financials

Financial year
2024
Total assets
€93,689
Profit
€14,544
Solvency
53.7%
Total assets▲ 57.7%
Net result
20222024
Go to Financials

Timeline

Events
5
Since
2023
  1. 31-12-2023Liquidity more than doubled
  2. 31-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
23-06-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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