FOODGHLIN
The computed 12-month bankruptcy probability of FOODGHLIN is 1.6% (moderate). The 2024 annual accounts show equity of €34k and a net result of €44k. Equity is shrinking by ~123.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 24% of 866 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €34k |
| Net result | €44k |
| Staff (FTE) | 26 |
| Better than sector | 24% |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 1.0% | 17.3% | |
| Net result | €44k | €14k | |
| Equity | €34k | €100k | |
| Gross operating margin | €1.59M | €213k | |
| Staff costs | €1.05M | €219k |
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €499k |
| Net profit | €44k |
| Cash flow | €228k |
| Staff costs | €1.05M |
| Income taxes | €218k |
| Dividends | - |
| Total assets | €3.42M |
| Equity | €34k |
| Debt | €3.39M |
| of which ≤ 1y | €1.70M |
| of which > 1y | €1.69M |
| Working capital | €23k |
| Employees (FTE) | 26.0 |
| 2024 | |
|---|---|
| Current ratio | 1.01 |
| Quick ratio | 0.68 |
| Working capital ratio | 0.7% |
| Solvency | 1.0% |
| Debt / equity | 100.73 |
| Long-term debt ratio | 50.32 |
| Interest coverage | 8.78 |
| Gross margin | - |
| Net margin | - |
| ROA | 1.3% |
| ROE | 130.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3.42M |
| Fixed assets | 21/28 | €1.70M |
| Tangible fixed assets | 22/27 | €1.70M |
| Financial fixed assets | 28 | €600 |
| Current assets | 29/58 | €1.72M |
| Stocks & contracts in progress | 3 | €568k |
| Amounts receivable within one year | 40/41 | €413k |
| Cash & bank | 54/58 | €736k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.42M |
| Equity | 10/15 | €34k |
| Contributions / capital | 10/11 | €100k |
| Reserves | 13 | €10k |
| Accumulated profits (losses) | 14 | €-76k |
| Amounts payable | 17/49 | €3.39M |
| Amounts payable after one year | 17 | €1.69M |
| Amounts payable within one year | 42/48 | €1.70M |
| Trade debts payable within one year | 44 | €1.03M |
| Income statement | ||
| Gross operating margin | 9900 | €1.59M |
| Operating result | 9901 | €315k |
| Financial income | 75 | €4k |
| Financial charges | 65 | €57k |
| Result before taxes | 9903 | €262k |
| Income taxes | 67/77 | €218k |
| Net result for the period | 9904 | €44k |
| Result to be appropriated | 9905 | €44k |
| NACE primary | Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen(47110) |
| Legal form | Public limited company(014) |
| Incorporation | 06-05-2021 |
| Status | Active |
| Postal code | 7011 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53030C0342/00W000 | Wallonia | 342 m² | 1 · 100 m² | 8.1 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
07-07-2023 Restructuring of share classes
Technical details
{
"events": [
{
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}
],
"notary": {
"name": "Gauthier VANDERHAEGEN",
"firm_city": null,
"firm_name": null,
"office_city": "Charleroi",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2023-07-07",
"filing_date": "2023-07-05",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "algemene_vergadering",
"act_date": "2023-06-30",
"unanimous": true,
"under_authorized_capital": false,
"underlying_resolution_date": null
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0767.914.950",
"name_full": "FOODGHLIN",
"legal_form": "Soci\u00E9t\u00E9 anonyme",
"is_foreign_registered": false
},
"publication_proxy": {
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"org_name": null,
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"person_role_at_subject": null
},
"co_filed_documents": [
"expedition",
"statuts coordonn\u00E9s",
"rapport de l\u0027organe d\u0027administration"
],
"shareholders_after": [
{
"kbo": null,
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"kind": "person",
"name": "Monsieur THYRION",
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"n_shares": 4560,
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},
{
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}
],
"share_classes_after": [
{
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"capital_share_eur": null,
"voting_rights_per_share": 10.0
},
{
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"class_name": "B",
"capital_share_eur": null,
"voting_rights_per_share": 47.0
}
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | FOODGHLIN |