FOOD CONCEPT

Active

Private limited companyfounded 201313 yrs activeRobert Schumanplein 2-4, 1040 Brussel, BelgiumKBO/BCE: BE 0533.913.041

The computed 12-month bankruptcy probability of FOOD CONCEPT is 2.0% (moderate). The 2025 annual accounts show equity of €107k and a net result of €13k. Equity is growing by ~31.7% per year across the filed fiscal years. Its solvency ranks better than 61% of 4123 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

89 / 100

Excellent▲ +39 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability62▲+62

Solvency83▲+32

Growth78▲+26

Stability100

Bankruptcy probability, 12 months

2.0% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €10k at 30 days acceptable

Liquidity ample (current ratio 1.64 against 1.26 in 2024), but 53.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

46.4%

Return on assets

5.8%

Age of the figures

8 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 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 filings

Deviation from the deadline

2025

7 d late

2024

61 d late

2023

142 d late

2022

100 d late

2021

205 d late

2020

254 d late

2019

182 d late

← before the deadline after the deadline →

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 months

Position in the running window

15-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€13k

2024 · €-27k

2018: €5k 2019: €-11k 2020: €15k 2021: €-33k 2022: €-27k 2023: €59k 2024: €-27k

2018 → 2025

Working capital

€80k▲ 34.2%

2024 · €59k

2018: €1k 2019: €-5k 2020: €-46k 2021: €-78k 2022: €-37k 2023: €34k 2024: €59k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€-991-€62k€120k▲ 95.4%€94k▼ 22.1%€107k▲ 14.2%

Operating result€-31k-€10k€68k▲ 551%€15k▼ 78.4%€19k▲ 31.1%

Net result€-33k-€-27k▲ 17.3%€59k€-27k€13k

Result per fiscal year

Operating resultNet result

The operating result recovers in 2025; 2025 is 31% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €230k

12%

88.1%

Fixed assets €27k▼ 20.3%

Current assets €203k▼ 29.7%

Equity and liabilities €230k

46.4%

53.6%

Equity €107k▲ 14.2%

Debt €124k▼ 46.2%

The debt ratio falls from 71.0% to 53.6%: equity grows while debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€31k▼

2024 · €68k

Cash flow

€25k▼

2024 · €27k

Solvency

46.4%▲

2024 · 29.0%

Current ratio

1.64▲

2024 · 1.26

Quick ratio

0.87▲

2024 · 0.80

Debt / equity

1.15▼

2024 · 2.45

ROE

12.4%▲

2024 · -28.5%

ROA

5.8%▲

2024 · -8.2%

Interest coverage

102.84▲

2024 · 20.84

Debt

€124k▼

2024 · €229k

Debt ≤ 1 year

€124k▼

2024 · €229k

Income taxes

€6k▼

2024 · €38k

Staff costs

€188k▲

2024 · €122k

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€323k€230k▼

Fixed assets21/28€34k€27k▼

Tangible fixed assets22/27€31k€24k▼

Land and buildings22€23k€16k▼

Plant, machinery and equipment23€7k€4k▼

Furniture and vehicles24€904€4k▲

Financial fixed assets28€4k€4k=

Current assets29/58€289k€203k▼

Stocks and contracts in progress3€106k€96k▼

Stocks30/36€106k€96k▼

Amounts receivable within one year40/41€88k€24k▼

Trade receivables40€87k€15k▼

Other amounts receivable41€1k€9k▲

Cash at bank and in hand54/58€94k€83k▼

Deferred charges and accrued income490/1€815-

Equity and liabilities

Total equity and liabilities10/49€323k€230k▼

Equity10/15€94k€107k▲

Contributions10/11€19k€19k=

Outside capital11€19k€19k=

Other1109/19€19k€19k=

Reserves13€92k€92k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Distributable reserves133€90k€90k=

Profit (loss) carried forward14€-17k€-3k▲

Amounts payable17/49€229k€124k▼

Amounts payable within one year42/48€229k€124k▼

Current portion of amounts payable after more than one year42€1k-

Trade debts44€184k€27k▼

Suppliers440/4€184k€27k▼

Advances received on contracts in progress46€1k-

Taxes, remuneration and social security45€29k€35k▲

Taxes450/3€15k€11k▼

Remuneration and social security454/9€14k€24k▲

Other amounts payable47/48€13k€61k▲

Income statement Code20242025

Non-recurring operating income76A-€22k

Remuneration, social security and pensions62€122k€188k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53k€12k▼

Other operating charges640/8€1k€2k▲

Gross operating margin9900€192k€221k▲

Operating profit (loss)9901€15k€19k▲

Financial income75/76B€0€24▲

Recurring financial income75€0€24▲

Financial charges65/66B€3k€303▼

Recurring financial charges65€3k€303▼

Profit (loss) for the period before taxes9903€11k€19k▲

Income taxes67/77€38k€6k▼

Profit (loss) for the period9904€-27k€13k▲

Profit (loss) for the period to be appropriated9905€-27k€13k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-17k€-3k▲

Profit (loss) brought forward from the previous period14P€10k€-17k▼

Social balance

Average headcount (FTE)90875.54.7▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 16Financial 6Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

07-08

NBB filing Annual accounts filed

fiscal year 2025 · full schema · 7 days late

2025

31-12

Financial Back to profitnet €13k

Net result €13k after one loss-making year.

31-12

Financial Equity above €100kEq €107k ▲14.2%

Equity rises from €94k to €107k.

30-09

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 61 days late

2024

20-12

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 142 days late

2023

31-12

Financial Back to profitnet €59k

Net result €59k after 2 loss-making years.

31-12

Financial Equity above €100kEq €120k ▲95.4%

Equity rises from €62k to €120k.

08-11

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 100 days late

21-02

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 205 days late

2022

11-04

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 254 days late

2021

31-12

Financial Weakest financial yearnet €-33k ▼326%

Net result drops to €-33k, the lowest in the series; recovery starts the following year.

29-01

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 182 days late

2020

31-12

Financial Back to profitnet €15k

Net result €15k after one loss-making year.

2019

03-12

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 125 days late

2018

28-09

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 59 days late

2017

22-12

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 144 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2023

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

01-07-2023 Grewal Harpreet: Resigned as Director

01-07-2023 Ronda Elisabeth: Resigned as Director

Location & real-estate footprint

Registered office, Brussel · 3 establishment units since 2013

establishment All 3 establishment units on the map

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.

Robert Schumanplein 2-41040 Brussel

Ground area

2,026 m²

Building footprint

1,283 m²

Volume, LiDAR

21,434 m³

4 parcels, Brussels, Flanders · tallest building 34.5 m, ±9 floors. Linked by address, not a title deed.

3 establishment units

GREWAL FOOD SHOP

Rijksweg(M) 367, 3630 MaasmechelenLimited-service restaurants

since 20132.223.093.906

GREWAL FOOD SHOP

Weg naar Zwartberg 19, 3660 OudsbergenRetail trade

since 20172.260.188.882

Zorba

Stationsplein 19, 3500 HasseltRetail trade

since 20202.299.020.754

4 parcels

Flanders 3 (75%) Brussels 1 (25%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21806F0477/00N017	Brussels	685 m²	1 · 663 m²	34.5 m · 9 fl.
73048B0162/00X000	Flanders	598 m²	1 · 268 m²	10.3 m · 2 fl.
71562B0544/00M002	Flanders	561 m²	1 · 178 m²	11.9 m · 3 fl.
71326F0148/00L002	Flanders	183 m²	1 · 174 m²	16.5 m · 2 fl.