Food Blending
ActiveFood Blending has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €156k and a net result of €169k. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 18% of 801 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
60
/ 100
Healthy▼ -29 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency21▼-44
Growth58▼-20
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.08 against 1.48 in 2023), and 87.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 801 sector peers (2024).
NBB · sector comparisonPosition among 801 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
3 d early
2023
19 d early
2022
14 d early
2021
31 d early
2020
11 d early
2019
3 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€156k▼ 48.5%
2023 · €303k
2018: €216k
2019: €228k
2020: €236k
2021: €241k
2022: €273k
2023: €303k
2018 → 2024
Total assets
€1.25M▲ 43.1%
2023 · €870k
2018: €602k
2019: €729k
2020: €743k
2021: €616k
2022: €1.05M
2023: €870k
2018 → 2024
Net result
€169k▼ 51.6%
2023 · €350k
2018: €136k
2019: €252k
2020: €158k
2021: €5k
2022: €232k
2023: €350k
2018 → 2024
Working capital
€86k▼ 68.1%
2023 · €270k
2018: €215k
2019: €223k
2020: €230k
2021: €229k
2022: €230k
2023: €270k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€236k-€241k▲ 2.1%€273k▲ 13.4%€303k▲ 10.8%€156k▼ 48.5%
Operating result€164k-€-2k€249k€366k▲ 46.9%€182k▼ 50.2%
Net result€158k-€5k▼ 96.8%€232k▲ 4,533%€350k▲ 50.4%€169k▼ 51.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 50% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.25M
Fixed assets
€70k▲ 113%
Current assets
€1.18M▲ 40.4%
Equity and liabilities €1.25M
Equity
€156k▼ 48.5%
Debt
€1.09M▲ 92.0%
The debt ratio rises from 65.2% to 87.5%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€198k▼
2023 · €376k
Cash flow
€185k▼
2023 · €360k
Solvency
12.5%▼
2023 · 34.8%
Current ratio
1.08▼
2023 · 1.48
Quick ratio
0.75▼
2023 · 1.01
Debt / equity
6.98▲
2023 · 1.87
ROE
108.4%▼
2023 · 115.4%
ROA
13.6%▼
2023 · 40.2%
Interest coverage
36.91▼
2023 · 1690.44
Debt
€1.09M▲
2023 · €567k
Debt ≤ 1 year
€1.09M▲
2023 · €567k
Income taxes
€9k▼
2023 · €17k
Staff costs
€369k▲
2023 · €354k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€870k€1.25M▲
Fixed assets21/28€33k€70k▲
Intangible fixed assets21€33k€70k▲
Current assets29/58€837k€1.18M▲
Stocks and contracts in progress3€264k€358k▲
Stocks30/36€264k€358k▲
Amounts receivable within one year40/41€330k€718k▲
Trade receivables40€327k€718k▲
Other amounts receivable41€3k€872▼
Cash at bank and in hand54/58€234k€96k▼
Deferred charges and accrued income490/1€10k€3k▼
Equity and liabilities
Total equity and liabilities10/49€870k€1.25M▲
Equity10/15€303k€156k▼
Contributions10/11€25k€25k=
Reserves13€277k€131k▼
Non-distributable reserves130/1€3k€0▼
Reserves not available under the articles1311€3k€0▼
Distributable reserves133€275k€131k▼
Profit (loss) carried forward14€483€483=
Amounts payable17/49€567k€1.09M▲
Amounts payable within one year42/48€567k€1.09M▲
Trade debts44€187k€680k▲
Suppliers440/4€187k€680k▲
Taxes, remuneration and social security45€45k€53k▲
Taxes450/3€15k€9k▼
Remuneration and social security454/9€30k€44k▲
Other amounts payable47/48€336k€356k▲
Income statement
Code20232024
Remuneration, social security and pensions62€354k€369k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€16k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€733k€569k▼
Operating profit (loss)9901€366k€182k▼
Financial income75/76B€786€2k▲
Recurring financial income75€786€2k▲
Financial charges65/66B€222€5k▲
Recurring financial charges65€222€5k▲
Profit (loss) for the period before taxes9903€366k€179k▼
Income taxes67/77€17k€9k▼
Profit (loss) for the period9904€350k€169k▼
Profit (loss) for the period to be appropriated9905€350k€169k▼
Appropriation of the result
Profit (loss) to be appropriated9906€350k€170k▼
Profit (loss) brought forward from the previous period14P€483€483=
Transfer from equity791/2-€166k
Transfer to equity691/2€30k€19k▼
To other reserves6921€30k€19k▼
Profit to be distributed694/7€320k€316k▼
Return on contributions (dividend)694-€166k
Directors or managers695€320k€150k▼
Social balance
Average headcount (FTE)90876.58.0▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €350k ▲50.4%
Operating result €366k, net result €350k, both a record.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €5k ▼96.8%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
08-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
08-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Evergem · 1 establishment unit since 2009
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.
Zwedenstraat 29940 EvergemGround area
3,238 m²
Building footprint
1,534 m²
Parcel 44019B0627/00R000, Flanders. Linked by address, not a title deed.
1 establishment unit
Food Blending
since 20092.176.640.705
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44019B0627/00R000 | Flanders | 3,238 m² | 1 · 1,534 m² | - |
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
2023 to 2024 · 2 entries · 5,320 EUR awarded · 5,319 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 4,115 EUR | 4,115 EUR |
| 2023 | 1 | 1,205 EUR | 1,204 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteEvergem2.176.640.705
Similar companies · same sector, comparable size
Pilumnus
BE 0728.599.167
Arendonk · Eq €153k
Healthy Bakery Products
BE 0735.450.832
Zele · Eq €151k
Happy Life Academy
BE 0743.725.427
Grimbergen · Eq €138k
BRUMAGO
BE 0432.458.068
Tournai · Eq €124k
CYTUS
BE 0888.713.802
Gent · Eq €123k
Of 87 companies in sector 10860 we hold annual accounts for 47. 28 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-01-2009
Fiscal year end31-12
Activities, NACEBEL
10860Manufacture of food products
82920Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.