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Fine Food

Active
Public limited companyfounded 1982active for 44 yearsEdingensesteenweg 196, 1500 Halle, BelgiumKBO/BCE: BE 0422.846.259
Summary

Fine Food has been active since 1982 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €18.2m and a net result of €4.0m. Equity grew by about 1.7% per year on average since 2019. In 2026 it fell by 27.7%. Its solvency ranks better than 19% of 401 sector peers (NACE 46, financial year 2026). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 14-05-1982 Normal situation
Registered office
76 active companies are registered at this address 13 started in the 12 months before. Source: KBO register, as of 4 November 2026.
Activity
Wholesale of meat and meat products, excluding game and poultry NACE 46321and 3 others
Joint committees
119 Food trade
200 Auxiliary committee for white-collar workers · annual accounts 31-03-2026
Establishment units
2.020.871.175 1500 Halle, since 14-05-1982
2.255.262.569 1500 Halle, since 11-07-2016and 3 others
Financial year end
31 March
Peppol
Reachable since 09-10-2023

Board and ownership

Shareholders
  • Ahara· score 84annual accounts 31-03-2026
  • Colruyt Food Retail· score 91deed of 25-08-2026
  • Colruyt Group NVannual accounts 31-03-2026

Financial position

84 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts to 31-03-2026
Turnover
€535.0m
▲ 5.5%
Profit
€4.0m
▲ 17.7%
Equity
€18.2m
▼ 27.7%
Total assets
€101.6m
▼ 3.0%
Employees on 31-03-2026
884
▲ 1.7%
Score breakdownraises riskEquity €18.2m (17.9% of total assets)Liquidity: current ratio 1.20, cash €7.5m, halved5 establishment unitslowers riskSize: turnover €535.0m, 866.2 FTE, total assets €101.6mShow the evidence

Checked score

Score 2026
84 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 34% of large companies in wholesale trade (NACE 46)
Financial strength · tick: 2025
Weak
Solvency 43-6
equity 17.9% of total assets
Liquidity 14-20
short-term debt 82.1% · cash 7.4%
Profitability 57=
return on assets 4.0%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (132 companies, NACE 46, large)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.2%▲ +0.1 percentage points vs 09-2025 11-2025: 0.1%▼ -0.1 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.3%▲ +0.2 percentage points vs 09-2026highest value 11-2026: 0.3%● unchanged vs 10-2026highest value
Credit of up to €1,500,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.2 (1.29 in 2025), below the usual 1.5. Short-term debt is 82.1% and cash 7.4% of total assets. 82.1% 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 46, large). It does better than 26% of them on solvency, 20% on liquidity, 47% on profitability and 43% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-03-2026.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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 riskneutral
raises risk · Equity €18.2m (17.9% of total assets)
NBB · annual accounts
lowers risk · Size: turnover €535.0m, 866.2 FTE, total assets €101.6m
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 · Liquidity: current ratio 1.20, cash €7.5m, halved
NBB · annual accounts
raises risk · 5 establishment units
KBO · seat and establishments
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 401 sector peers (2026).
NBB · sector comparison
Position among 401 sector peers
Solvency
better than 19%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 29-09-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
32 days early
2025
30 days early
2024
29 days early
2023
29 days early
2022
35 days early
2021
38 days early
2020
33 days early
← 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 32 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 1 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 2nd largest employer in Flemish Brabant, Wholesale trade sectorin the Checked rankings No. 2 View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2026: €4.0m 8 years View
  • Caution: Equity fell in 2026from €25.2m to €18.2m ▼ 27.7% View
  • Flemish supportawarded from 2022 to 2025 €70,539 View

Recent changes

  1. · Gazette deed Demerger proposal: Colruyt Food Retail NV splits off to Vlevico NVAhara NV holds all the shares · Colruyt Food Retail NV holds all the shares · Capital decrease of €1,740,024.11
  2. · Gazette deed Reappointment: Ernst & Young Bedrijfsrevisoren (statutory auditor)
  3. · Gazette deed Reappointments: Ernst & Young Bedrijfsrevisoren, Jef Colruyt and 2 others
All 38 events

Companies linked to Fine Food

Comparable companies

These companies have the same main activity as Fine Food: wholesale of meat and meat products, excluding game and poultry (NACE 46321). They are comparable in size and age: total assets between €21m and €146m, founded between 1948 and 2004.

CompanyTotal assetsTurnover
Fine Food Halle€101.6m€535.0m
WESTVLEES Staden€145.6m€598.9m
VIANGRO Anderlecht€78.9m€182.8m
LOVENFOSSE Aubel€24.5m€167.1m
MEAT & MORE Aalter€55.6m€174.8m
WILGRO Brasschaat€20.9m-
UpFresh Ostend€34.7m€138.6m
Full comparison

Key facts about Fine Food

What is the company number of Fine Food?
The company number of Fine Food is 0422.846.259. The VAT number is the same number with BE in front: BE 0422.846.259.
Where is Fine Food based?
The registered office is at Edingensesteenweg 196, 1500 Halle.Company details
What does Fine Food do?
According to the KBO register, the main activity is wholesale of meat and meat products, excluding game and poultry (NACE 46321).
What is the legal form of Fine Food?
Fine Food is a public limited company (NV).
When was Fine Food founded?
Fine Food was founded on 14-05-1982.
Is Fine Food still active?
Yes, Fine Food is an active enterprise in the KBO register.
How many employees does Fine Food have?
Fine Food had an average of 866.2 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
Which joint committee does Fine Food fall under?
In its 31-03-2026 annual accounts, Fine Food states joint committees 119 (Food trade) and 200 (Auxiliary committee for white-collar workers).
What is the turnover of Fine Food?
The turnover of Fine Food was €535.0m in financial year 2026, according to the filed annual accounts.
Is Fine Food profitable?
In financial year 2026, Fine Food made a profit of €4.0m.
Where can I find the annual accounts of Fine Food?
Fine Food filed 44 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of Fine Food due?
Fine Food must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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