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FOOD PROJECTS

Active
Public limited companyfounded 200422 yrs activeBrulens 18, 2275 Lille, BelgiumKBO/BCE: BE 0866.813.279

FOOD PROJECTS has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.08M and a net result of €104k. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 55% of 2269 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
77 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+1
Solvency72▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity short (current ratio 0.16 against 0.28 in 2024; short-term debt: 16.9% and cash: 1% of total assets), and 52.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 22 years 0 30 y
lowers risk · 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
47.3%
Return on assets
4.5%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.08M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 d early
2024
29 d early
2023
6 d late
2022
28 d early
2021
27 d early
2020
2 d late
2019
16 d early
← before the deadline after the deadline →
neutral · 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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, abbreviated schema

Equity
€1.08M▲ 10.6%
2024 · €979k
2018: €873k 2019: €874k 2020: €883k 2021: €889k 2022: €900k 2023: €904k 2024: €979k
2018 → 2025
Total assets
€2.29M▼ 3.8%
2024 · €2.38M
2018: €2.94M 2019: €2.73M 2020: €3.03M 2021: €2.92M 2022: €2.68M 2023: €2.46M 2024: €2.38M
2018 → 2025
Net result
€104k▲ 39.6%
2024 · €75k
2018: €-8k 2019: €1k 2020: €10k 2021: €5k 2022: €11k 2023: €4k 2024: €75k
2018 → 2025
Working capital
€-327k▼ 33.2%
2024 · €-245k
2018: €-86k 2019: €-111k 2020: €-58k 2021: €-25k 2022: €-70k 2023: €-193k 2024: €-245k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€889k-€900k▲ 1.3%€904k▲ 0.5%€979k▲ 8.3%€1.08M▲ 10.6%
Operating result€41k-€53k▲ 29.4%€51k▼ 3.6%€134k▲ 161%€176k▲ 32.1%
Net result€5k-€11k▲ 117%€4k▼ 63.7%€75k▲ 1,691%€104k▲ 39.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150k€200kOperating result 2021: €41k€41kNet result 2021: €5k€5kOperating result 2022: €53k€53kNet result 2022: €11k€11kOperating result 2023: €51k€51kNet result 2023: €4k€4kOperating result 2024: €134k€134kNet result 2024: €75k€75kOperating result 2025: €176k€176kNet result 2025: €104k€104k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 32% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.29M
Fixed assets €2.23M▼ 2.5%
Current assets €62k▼ 34.0%
Equity and liabilities €2.29M
Equity €1.08M▲ 10.6%
Debt €1.21M▼ 13.8%
The debt ratio falls from 58.9% to 52.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€234k
2024 · €234k
Cash flow
€162k
2024 · €175k
Solvency
47.3%
2024 · 41.1%
Current ratio
0.16
2024 · 0.28
Quick ratio
0.16
2024 · 0.28
Debt / equity
1.12
2024 · 1.43
ROE
9.6%
2024 · 7.6%
ROA
4.5%
2024 · 3.1%
Interest coverage
7.07
2024 · 6.19
Debt
€1.21M
2024 · €1.40M
Debt ≤ 1 year
€388k
2024 · €339k
Debt > 1 year
€820k
2024 · €1.06M
Income taxes
€39k
2024 · €22k
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€2.38M€2.29M
Fixed assets21/28€2.29M€2.23M
Tangible fixed assets22/27€1.98M€1.92M
Land and buildings22€1.97M€1.92M
Furniture and vehicles24€5k€141
Financial fixed assets28€309k€309k=
Current assets29/58€93k€62k
Amounts receivable within one year40/41€56k€39k
Trade receivables40€36k€28k
Other amounts receivable41€20k€12k
Cash at bank and in hand54/58€37k€22k
Equity and liabilities
Total equity and liabilities10/49€2.38M€2.29M
Equity10/15€979k€1.08M
Contributions10/11€63k€63k=
Capital10€63k-
Issued capital100€63k-
Outside capital11-€63k
Other1109/19-€63k
Revaluation surpluses12€726k€726k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k-
Other1319-€6k
Profit (loss) carried forward14€184k€288k
Amounts payable17/49€1.40M€1.21M
Amounts payable after more than one year17€1.06M€820k
Financial debts170/4€1.06M€820k
Amounts payable within one year42/48€339k€388k
Current portion of amounts payable after more than one year42€236k€243k
Financial debts43-€105
Credit institutions430/8-€105
Trade debts44€2k€2k
Suppliers440/4€2k€2k
Taxes, remuneration and social security45€25k€61k
Taxes450/3€25k€61k
Other amounts payable47/48€76k€82k
Accrued charges and deferred income492/3€58€0
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€101k€58k
Other operating charges640/8€22k€26k
Gross operating margin9900€256k€260k
Operating profit (loss)9901€134k€176k
Financial income75/76B€621€174
Recurring financial income75€621€174
Financial charges65/66B€38k€33k
Recurring financial charges65€38k€33k
Profit (loss) for the period before taxes9903€96k€144k
Income taxes67/77€22k€39k
Profit (loss) for the period9904€75k€104k
Profit (loss) for the period to be appropriated9905€75k€104k
Appropriation of the result
Profit (loss) to be appropriated9906€184k€288k
Profit (loss) brought forward from the previous period14P€110k€184k

The notes to these accounts (10 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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Highest result since 2018net €104k ▲39.6%
Operating result €176k, net result €104k, both a record.
31-12
Financial Equity above €1MEq €1.08M ▲10.6%
7 profitable years in a row build equity to €1.08M.
02-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
06-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 6 days late
2023
03-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
04-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
02-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 2 days late
2020
15-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Back to profitnet €1k
Net result €1k after one loss-making year.
05-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 5 days late
2018
29-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
NBB filing Annual accounts filed
fiscal year 2016 · 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, Lille · 1 establishment unit since 2004
establishment The establishment unit 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.

Brulens 182275 Lille
Ground area
8,053 m²
Building footprint
2,681 m²
Volume, LiDAR
18,647 m³
Parcel 13009C0722/00P000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FOOD PROJECTS
Brulens 18, 2275 LilleNACE 65231
since 20042.170.604.434
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13009C0722/00P000 Flanders 8,053 m² 1 · 2,681 m² 8.0 m · 2 fl.
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.

Similar companies · same sector, comparable size

Of 24,501 companies in sector 82990 we hold annual accounts for 9,402. 4,384 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded17-08-2004
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.