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Flanders Food Services 2

Active
Private limited companyfounded 2021active for 4 yearsLieven Renslaan 5, 2630 Aartselaar, BelgiumKBO/BCE: BE 0778.987.303
Summary

Flanders Food Services 2 has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.2m and a net result of €1.3m. Equity has been growing by about 65% per year since 2021. Its solvency ranks better than 69% of 12,781 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 22-12-2021 Normal situation
Activity
Non-specialised retail sale with food, beverages or tobacco predominating NACE 47110
Joint committee
202.01 Paritair Subcomité voor de middelgrote levensmiddelenbedrijven · annual accounts 2025
Establishment unit
2.325.568.961 2970 Schilde, since 22-12-2021
Financial year end
31 December
Peppol
Reachable since 27-01-2025

Board and ownership

Board
  • ElipiDirector · since 22-12-2021 · permanent representative VAES Pieter-Jan
Shareholders
  • KENNY VD2025 annual accounts of KENNY VD

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€3.3m
▲ 8.8%
Turnover
≈ €22.0m
estimated
Profit
€1.3m
▲ 14.6%
Equity
€4.2m
▲ 44.7%
Total assets
€7.6m
▲ 9.3%
Employees on 31-12-2025
23
=
  • 2025 accounts filed 31 days after the deadline
Score breakdownraises riskFounded in 2021Last filed accounts filed 31 days late; 1 of the last 3 accounts latelowers riskLiquidity: current ratio 5.86, cash €1.2m, halvedSize: 26.1 FTE, total assets €7.6mShow the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 87% of small companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency 81+14
equity 56.0% of total assets
Liquidity 68-17
short-term debt 13.2% · cash 16.0%
Profitability 90+1
return on assets 17.3%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,698 companies, NACE 47, small)
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%▼ -0.1 percentage points vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: 0.1%▲ +0.1 percentage points 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: 0.2%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €390,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.86 (2.2 in 2024), above the usual 1.5. Short-term debt is 13.2% and cash 16% of total assets. 44% 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 47, small). It does better than 78% of them on solvency, 87% on liquidity, 92% on profitability and 89% 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.

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

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 5.86, cash €1.2m, halved
NBB · annual accounts
lowers risk · Size: 26.1 FTE, total assets €7.6m
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 · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filings
Deviation from the deadline
2025
31 days late
2024
7 days early
2023
2 days early
2022
6 days early
2021
4 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 2 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 27 July (4 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
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 95% of companies in retail tradesector median €27,551 · 12,770 companies €1.3m View
  • Positive: Equity rose in 2025from €2.9m to €4.2m ▲ 44.7% View

Recent changes

  1. · Gazette deed Permanent representative: Pieter-Jan VaesPower of attorney: Vanessa Seeuws · Power of attorney: Christoffel Belien
  2. · Gazette deed IncorporationStarting capital €250,000 · Appointment: Elipi (director) · Permanent representative: VAES Pieter-Jan · Founder: VAES Pieter-Jan
All 13 events

Comparable companies

These companies have the same main activity as Flanders Food Services 2: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €4.4m and €6.9m, founded between 2019 and 2023.

CompanyTotal assetsGross margin
Flanders Food Services 2 Aartselaar€7.6m€3.3m
Flanders Food Services 3 Aartselaar€6.0m€2.1m
VL dailyretail Maasmechelen€5.8m€3.0m
GERPIDIS Gerpinnes€6.9m€3.2m
MAG96 Crisnée€5.7m€2.7m
De Blauwe Fabriek Lille€5.6m€3.9m
De Blauwe Heerlijkheid Lille€4.4m€2.7m
Full comparison

Key facts about Flanders Food Services 2

What is the company number of Flanders Food Services 2?
The company number of Flanders Food Services 2 is 0778.987.303. The VAT number is the same number with BE in front: BE 0778.987.303.
Where is Flanders Food Services 2 based?
The registered office is at Lieven Renslaan 5, 2630 Aartselaar.Company details
What does Flanders Food Services 2 do?
According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
What is the legal form of Flanders Food Services 2?
The legal form of Flanders Food Services 2 is Private limited company (BV).
When was Flanders Food Services 2 founded?
Flanders Food Services 2 was founded on 22-12-2021.
Is Flanders Food Services 2 still active?
Yes, Flanders Food Services 2 is an active enterprise in the KBO register.
How many employees does Flanders Food Services 2 have?
Flanders Food Services 2 had an average of 26.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Flanders Food Services 2 fall under?
In its 2025 annual accounts, Flanders Food Services 2 states joint committee 202.01 (Paritair Subcomité voor de middelgrote levensmiddelenbedrijven).
What is the turnover of Flanders Food Services 2?
The turnover in financial year 2025 is ≈ €22.0m. This figure is estimated from the gross margin of €3.3m and 30 comparable companies (NACE 471). It probably lies between €13.0m and €26.0m.
Is Flanders Food Services 2 profitable?
In financial year 2025, Flanders Food Services 2 made a profit of €1.3m.
Where can I find the annual accounts of Flanders Food Services 2?
Flanders Food Services 2 filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Flanders Food Services 2 due?
Flanders Food Services 2 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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