FOOD-IDD
Open bankruptcyA bankruptcy procedure is open for FOOD-IDD according to publications in the Belgian State Gazette; curator: FEDERICO WUYTS. The 2022 annual accounts show negative equity (€-344k) and a net result of €-317k.
Signals
Three signals.
+raises risk○neutral
Financials · fiscal year 2022, abbreviated schema
Equity
€-344k▼ 1,180%
2021 · €-27k
2018: €37k
2019: €53k
2020: €-304
2021: €-27k
2018 → 2022
Total assets
€260k▼ 52.7%
2021 · €551k
2018: €279k
2019: €609k
2020: €596k
2021: €551k
2018 → 2022
Net result
€-317k▼ 1,094%
2021 · €-27k
2018: €4k
2019: €16k
2020: €-53k
2021: €-27k
2018 → 2022
Working capital
€-364k▼ 16.9%
2021 · €-312k
2018: €-46k
2019: €-225k
2020: €-351k
2021: €-312k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€37k-€53k▲ 43.2%€-304€-27k▼ 8,728%€-344k▼ 1,180%
Operating result€6k-€31k▲ 384%€-38k€-21k▲ 43.1%€-34k▼ 59.2%
Net result€4k-€16k▲ 319%€-53k€-27k▲ 50.3%€-317k▼ 1,094%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €34k in 2022 against €21k in 2021; the loss grows.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €260k
Fixed assets
€20k▼ 93.3%
Current assets
€240k▼ 1.3%
Key figures and ratios
EBITDA
€-34k▼
2021 · €-13k
Cash flow
€-317k▼
2021 · €-18k
Solvency
-132.1%▼
2021 · -4.9%
Current ratio
0.40▼
2021 · 0.44
Quick ratio
0.40▼
2021 · 0.44
Debt / equity
-1.76▲
2021 · -21.51
ROA
-121.8%▼
2021 · -4.8%
Interest coverage
-31.19▼
2021 · -2.52
Debt
€604k▲
2021 · €578k
Debt ≤ 1 year
€604k▲
2021 · €555k
Debt > 1 year
€0▼
2021 · €23k
Income taxes
€-13▼
2021 · €150
Staff costs
€33k▲
2021 · €11k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€551k€260k▼
Fixed assets21/28€308k€20k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€6k€491▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€6k€491▼
Financial fixed assets28€302k€20k▼
Current assets29/58€243k€240k▼
Amounts receivable within one year40/41€243k€238k▼
Trade receivables40€124k€35k▼
Other amounts receivable41€119k€203k▲
Cash at bank and in hand54/58€147€2k▲
Deferred charges and accrued income490/1€236€398▲
Equity and liabilities
Total equity and liabilities10/49€551k€260k▼
Equity10/15€-27k€-344k▼
Contributions10/11€19k€19k=
Reserves13€0-
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Profit (loss) carried forward14€-45k€-363k▼
Amounts payable17/49€578k€604k▲
Amounts payable after more than one year17€23k€0▼
Financial debts170/4€23k€0▼
Amounts payable within one year42/48€555k€604k▲
Current portion of amounts payable after more than one year42€22k€23k▲
Trade debts44€38k€17k▼
Suppliers440/4€38k€17k▼
Advances received on contracts in progress46€20k€20k=
Taxes, remuneration and social security45€1k€38▼
Taxes450/3€39€38▼
Remuneration and social security454/9€1k€0▼
Other amounts payable47/48€473k€545k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20212022
Non-recurring operating income76A€7k€2k▼
Remuneration, social security and pensions62€11k€33k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€491▼
Other operating charges640/8€593€939▲
Gross operating margin9900€-1k€20▲
Operating profit (loss)9901€-21k€-34k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€5k€283k▲
Recurring financial charges65€5k€1k▼
Non-recurring financial charges66B-€282k
Profit (loss) for the period before taxes9903€-26k€-317k▼
Income taxes67/77€150€-13▼
Profit (loss) for the period9904€-27k€-317k▼
Profit (loss) for the period to be appropriated9905€-27k€-317k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-47k€-363k▼
Profit (loss) brought forward from the previous period14P€-21k€-45k▼
Transfer from equity791/2€2k€0▼
Social balance
Average headcount (FTE)90871.00.4▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-03
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · FOOD-IDD BV LAAR- STRAAT 22, 2840 RUMST · event 25-02-2025
2023
07-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 99 days late
2022
31-12
Financial
Weakest financial yearnet €-317k
Net result drops to €-317k, the lowest in the series.
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 75 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 66 days late
2019
31-12
Financial
Highest result since 2018net €16k ▲319%
Operating result €31k, net result €16k, both a record.
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Rumst · 1 establishment unit since 2016
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.
Laarstraat 222840 RumstGround area
2,551 m²
Building footprint
461 m²
Volume, LiDAR
3,540 m³
2 parcels, Flanders · tallest building 16.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FOOD-IDD
since 20162.252.676.431
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11036C0009/00P000 | Flanders | 2,022 m² | 1 · 336 m² | 16.3 m · 3 fl. |
| 11036B0264/00S000 | Flanders | 529 m² | 1 · 124 m² | 11.6 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | FEDERICO WUYTS POTVLIETLAAN 4, 2600 BERCHEM
(ANTWERPEN) |
25-02-2025 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteRumst2.252.676.431
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Of 7,506 companies in sector 56210 we hold annual accounts for 2,445. 2,050 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-03-2016
Fiscal year end31-12
Activities, NACEBEL
56210Event catering
56101Full-service restaurants
56111Full-service restaurants
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.