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FOOD SERVICE

Active
Public limited companyfounded 1990active for 36 yearsGroendreef 10, 9880 Aalter, BelgiumKBO/BCE: BE 0440.111.764
Summary

The computed 12-month bankruptcy probability of FOOD SERVICE is 8.3% (elevated). The 2025 annual accounts show negative equity (-€176,731) and a net result of -€146,657. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 7% of 5,040 sector peers (NACE 47, financial year 2025). The company has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 01-02-1990 Normal situation
Registered office
116 active companies are registered at this address 6 started in the 12 months before. Source: KBO register, as of 4 November 2026.
Activity
Retail sale of meat and meat products, excluding game and poultry NACE 47221and 2 others
Joint committee
201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 2025
Establishment units
2.047.307.239 9070 Destelbergen, since 15-02-1990
2.371.326.435 8810 Lichtervelde, since 08-05-2025
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • MEAT INVEST INTERNATIONALDirector · since 08-04-2020
Shareholders
  • Meat Invest International Comm.Vannual accounts 2025

Financial position

30 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
8.3%
Annual accounts 2025
Gross margin
€443,214
▼ 10.2%
Turnover
≈ €1.9m
estimated
Loss
€146,657
▲ 417%
Equity
-€176,731
▼ 488%
Total assets
€612,408
▼ 1.8%
Employees on 31-12-2025
15
▲ 50.0%
  • Negative equity on 31-12-2025
Net result -417%: other schema
Score breakdownraises riskNegative equity -€176,731Loss of €146,657, the second in a row (financial year 2025)Sector: Retail trade (NACE 47)Size: 8.9 FTE, total assets €612,408Show the evidence

Checked score

Score 2025
30 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 5% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 0-20
equity -28.9% of total assets
Liquidity 4+1
short-term debt 128.9% · cash 3.4%
Profitability 0-51
return on assets -23.9%
Bankruptcy probability within 12 months
8.3% Elevated
0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,278 companies, NACE 47, micro)
Last 24 months 12-2024: 1.1%lowest value 01-2025: 1.1%● unchanged vs 12-2024lowest value 02-2025: 1.1%● unchanged vs 01-2025lowest value 03-2025: 1.1%● unchanged vs 02-2025lowest value 04-2025: 1.2%▲ +0.1 percentage points vs 03-2025 05-2025: 1.2%● unchanged vs 04-2025 06-2025: 1.3%▲ +0.1 percentage points vs 05-2025 07-2025: 3.9%▲ +2.6 percentage points vs 06-2025 08-2025: 3.9%● unchanged vs 07-2025 09-2025: 3.9%● unchanged vs 08-2025 10-2025: 3.9%● unchanged vs 09-2025 11-2025: 3.9%● unchanged vs 10-2025 12-2025: 3.9%● unchanged vs 11-2025 01-2026: 3.9%● unchanged vs 12-2025 02-2026: 3.9%● unchanged vs 01-2026 03-2026: 3.9%● unchanged vs 02-2026 04-2026: 3.9%● unchanged vs 03-2026 05-2026: 3.9%● unchanged vs 04-2026 06-2026: 3.7%▼ -0.2 percentage points vs 05-2026 07-2026: 8.3%▲ +4.6 percentage points vs 06-2026highest value 08-2026: 8.3%● unchanged vs 07-2026highest value 09-2026: 8.3%● unchanged vs 08-2026highest value 10-2026: 8.3%● unchanged vs 09-2026highest value 11-2026: 8.3%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.18 (0.17 in 2024), below 1. Short-term debt is 128.9% and cash 3.4% of total assets. Equity is negative.
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, micro). It does better than 6% of them on solvency, 6% on liquidity, 6% on profitability and 1% 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

Six signals.
raises riskneutral
raises risk · Negative equity -€176,731
NBB · annual accounts
raises risk · Loss of €146,657, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Size: 8.9 FTE, total assets €612,408
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€176,731
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 17-06-2026, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
44 days early
2024
44 days early
2023
44 days early
2022
45 days early
2021
39 days early
2020
45 days early
2019
45 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 44 days before 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 17 June (5 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

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€176,731 View
  • Caution: Result fell in 2025different schema filed ▼ 417% View
  • Caution: Less equity than 93% of companies in retail tradesector median €447,902 · 5,041 companies -€176,731 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€146,657 View

Recent changes

  1. · Gazette deed Incorporation
All 13 events

Comparable companies

These companies have the same main activity as FOOD SERVICE: retail sale of meat and meat products, excluding game and poultry (NACE 47221). They are comparable in size and age: total assets between €500,000 and €690,000, founded between 1983 and 1996.

CompanyTotal assetsGross margin
FOOD SERVICE Aalter€612,408€443,214
SLAGERIJ DE CASTRO Sint-Niklaas€563,242€418,214
MABETEM Sint-Niklaas€499,635€404,624
Boucherie St Job Ukkel€663,811€562,422
BEENHOUWERIJ QUETIN Hasselt€510,573€473,405
DE KLEINE BASSIN FOODMARKET Menen€649,953€506,187
HERWEST Herenthout€690,055€609,986
Full comparison

Key facts about FOOD SERVICE

What is the company number of FOOD SERVICE?
The company number of FOOD SERVICE is 0440.111.764. The VAT number is the same number with BE in front: BE 0440.111.764.
Where is FOOD SERVICE based?
The registered office is at Groendreef 10, 9880 Aalter.Company details
What does FOOD SERVICE do?
According to the KBO register, the main activity is retail sale of meat and meat products, excluding game and poultry (NACE 47221).
What is the legal form of FOOD SERVICE?
The legal form of FOOD SERVICE is Public limited company (NV).
When was FOOD SERVICE founded?
FOOD SERVICE was founded on 01-02-1990.
Is FOOD SERVICE still active?
Yes, FOOD SERVICE is an active enterprise in the KBO register.
How many employees does FOOD SERVICE have?
FOOD SERVICE had an average of 8.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does FOOD SERVICE fall under?
In its 2025 annual accounts, FOOD SERVICE states joint committee 201 (Paritair Comité voor de zelfstandige kleinhandel).
What is the turnover of FOOD SERVICE?
The turnover in financial year 2025 is ≈ €1.9m. This figure is estimated from the gross margin of €443,214 and 49 comparable companies (NACE 472). It probably lies between €1.3m and €3.1m.
Is FOOD SERVICE profitable?
In financial year 2025, FOOD SERVICE made a loss of €146,657.
Where can I find the annual accounts of FOOD SERVICE?
FOOD SERVICE filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FOOD SERVICE due?
FOOD SERVICE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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