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FOOD WASTE SOLUTIONS

Active
Private limited company (pre-2019)founded 201016 yrs activePlace Pierre Delannoy 50, 7850 Enghien, BelgiumKBO/BCE: BE 0824.701.918

FOOD WASTE SOLUTIONS has been active since 2010 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags). The 2024 annual accounts show equity of €187k and a net result of €-28k. Equity is shrinking by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 41% of 11615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2024
57 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability20▼-22
Solvency70▼-3
Growth32=
Track record84
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days only on tighter terms
Liquidity short (current ratio 0.15 against 0.17 in 2023; short-term debt: 44.9% of total assets), and 54.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Ten signals. The signal on the left, the evidence on the right.
lowers risk+raises risk
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
45.2%
Return on assets
-6.9%
Age of the figures
24 mo
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
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 16 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year €-28k
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 146 days later.
NBB · 10 filings
Position against the passed deadline
30-09-2025 close30-04-2026 deadline23-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 15-10-2025, 168 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
168 d late
2023
533 d late
2022
107 d late
2021
116 d late
2020
on the day
2019
2 d early
← before the deadline after the deadline →
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Address struckAddress strikeout annulled

Financials · fiscal year 2024, micro schema

Equity
€187k▼ 13.2%
2023 · €215k
2018: €243k 2019: €247k 2020: €262k 2021: €252k 2022: €233k 2023: €215k
2018 → 2024
Total assets
€413k▼ 7.1%
2023 · €445k
2018: €638k 2019: €604k 2020: €578k 2021: €548k 2022: €523k 2023: €445k
2018 → 2024
Net result
€-28k▼ 56.1%
2023 · €-18k
2018: €3k 2019: €4k 2020: €15k 2021: €-9k 2022: €-19k 2023: €-18k
2018 → 2024
Working capital
€-158k▼ 15.8%
2023 · €-136k
2018: €-15k 2019: €-51k 2020: €-70k 2021: €-113k 2022: €-109k 2023: €-136k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€262k-€252k▼ 3.5%€233k▼ 7.6%€215k▼ 7.8%€187k▼ 13.2%
Operating result€30k-€185▼ 99.4%€-11k€-12k▼ 11.4%€-28k▼ 128%
Net result€15k-€-9k€-19k▼ 110%€-18k▲ 4.8%€-28k▼ 56.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20k€40kOperating result 2020: €30k€30kNet result 2020: €15k€15kOperating result 2021: €185€185Net result 2021: €-9k€-9kOperating result 2022: €-11k€-11kNet result 2022: €-19k€-19kOperating result 2023: €-12k€-12kNet result 2023: €-18k€-18kOperating result 2024: €-28k€-28kNet result 2024: €-28k€-28k20202021202220232024
The operating result stays negative: a loss of €28k in 2024 against €12k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €413k
Fixed assets €386k▼ 7.6%
Current assets €28k▲ 1.5%
Equity and liabilities €413k
Equity €187k▼ 13.2%
Provisions €0▼ 100%
Debt €227k▲ 10.7%
The debt ratio rises from 46.0% to 54.8%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€3k
2023 · €19k
Cash flow
€3k
2023 · €14k
Solvency
45.2%
2023 · 48.4%
Current ratio
0.15
2023 · 0.17
Quick ratio
0.15
2023 · 0.17
Debt / equity
1.21
2023 · 0.95
ROE
-15.2%
2023 · -8.5%
ROA
-6.9%
2023 · -4.1%
Debt
€227k
2023 · €205k
Debt ≤ 1 year
€186k
2023 · €164k
Debt > 1 year
€41k=
2023 · €41k
Staff costs
€458
2023 · €10k
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€445k€413k
Fixed assets21/28€417k€386k
Tangible fixed assets22/27€417k€386k
Land and buildings22€417k€386k
Financial fixed assets28€100€100=
Current assets29/58€27k€28k
Amounts receivable within one year40/41€27k€28k
Trade receivables40€2k€2k=
Other amounts receivable41€25k€25k
Equity and liabilities
Total equity and liabilities10/49€445k€413k
Equity10/15€215k€187k
Contributions10/11€100k€100k=
Reserves13€112k€112k=
Non-distributable reserves130/1€112k€112k=
Reserves not available under the articles1311€112k€112k=
Profit (loss) carried forward14€3k€-25k
Provisions and deferred taxes16€25k-
Provisions for liabilities and charges160/5€25k-
Major repairs and maintenance162€25k-
Amounts payable17/49€205k€227k
Amounts payable after more than one year17€41k€41k=
Financial debts170/4€22k€22k=
Other amounts payable178/9€19k€19k=
Amounts payable within one year42/48€164k€186k
Current portion of amounts payable after more than one year42€94k€94k=
Financial debts43€29k€41k
Credit institutions430/8€29k€41k
Trade debts44€42k€51k
Suppliers440/4€42k€51k
Income statement Code20232024
Remuneration, social security and pensions62€10k€458
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€32k=
Provisions for liabilities and charges: additions (uses and reversals)635/8-€-25k
Other operating charges640/8€384€8k
Gross operating margin9900€29k€-13k
Operating profit (loss)9901€-12k€-28k
Financial charges65/66B€6k-
Recurring financial charges65€6k-
Profit (loss) for the period before taxes9903€-18k€-28k
Profit (loss) for the period9904€-18k€-28k
Profit (loss) for the period to be appropriated9905€-18k€-28k
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-25k
Profit (loss) brought forward from the previous period14P€22k€3k

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

2025
21-11
KBO administration Address strikeout annulled
15-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 168 days late
15-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 533 days late
14-03
KBO administration Address struck
Jan Burgersstraat 7 Die Sitzadresse Rue Jean Burgers 7 7850 Enghien · event 17-01-2025
2024
30-09
Financial Weakest financial yearnet €-28k
Net result drops to €-28k, the lowest in the series.
2023
15-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 107 days late
2022
24-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 116 days late
2021
30-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Highest result since 2018net €15k ▲291%
Operating result €30k, net result €15k, both a record.
28-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
12-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 317 days late
2018
15-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 15 days late
2017
30-03
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
23-05
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 23 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Enghien · 1 establishment unit since 2010
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.

Place Pierre Delannoy 507850 Enghien
1 establishment unit
Place Pierre Delannoy 50, 7850 Enghien
Engineering and related technical consultancy, excluding land surveyors
since 20102.187.950.608

Similar companies · same sector, comparable size

Of 11,554 companies in sector 71121 we hold annual accounts for 6,563. 5,163 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded06-04-2010
Fiscal year end30-09
Abbreviation FR FWS
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filings

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.