Foodmaker77
ActiveSummary
The computed 12-month bankruptcy probability of Foodmaker77 is 6.5% (elevated). The 2024 annual accounts show equity of €91,986 and a net result of €15,359. Equity is growing by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 76% of 18934 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▲+4
Solvency84▲+16
Growth52=
Track record100
Bankruptcy probability, 12 months
6.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.19 against 1.38 in 2023; short-term debt: 32.4% and cash: 10.2% of total assets), and 40.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
59.3%
Return on assets
9.9%
Age of the figures
21 mo
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 30-06-2026, 31 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
31 d early
2024
30 d early
2023
37 d early
2022
45 d late
2021
30 d late
2020
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 11 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 1 July (4 of the last 5 filed years within 60 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2024, micro schema
Turnover
€192,693
EBIT margin
31.5%
Net result
€15,359▲ 38.1%
2023 · €11,123
Working capital
€59,590▲ 56.6%
2023 · €38,053
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€192,693-
Operating result€60,782-€15,656▼ 74.2%€2,409▼ 84.6%€16,052▲ 566%€19,782▲ 23.2%
Net result€47,157above the sector's middle half-€19,914within the sector's middle half▼ 57.8%-€1,567within the sector's middle half€11,123within the sector's middle half€15,359within the sector's middle half▲ 38.1%
EBIT margin31.5%-
Equity€47,157within the sector's middle half-€67,071within the sector's middle half▲ 42.2%€65,504within the sector's middle half▼ 2.3%€76,627within the sector's middle half▲ 17.0%€91,986above the sector's middle half▲ 20.0%
Total assets€92,504within the sector's middle half-€240,615above the sector's middle half▲ 160%€225,859within the sector's middle half▼ 6.1%€177,365within the sector's middle half▼ 21.5%€155,017within the sector's middle half▼ 12.6%
Debt€45,347-€173,544▲ 283%€160,355▼ 7.6%€100,738▼ 37.2%€63,031▼ 37.4%
Working capital€28,874above the sector's middle half--€29,394below the sector's middle half-€24,188within the sector's middle half▲ 17.7%€38,053within the sector's middle half€59,590above the sector's middle half▲ 56.6%
Solvency51.0%within the sector's middle half-27.9%within the sector's middle half▼ 23.1pp29.0%within the sector's middle half▲ 1.1pp43.2%within the sector's middle half▲ 14.2pp59.3%above the sector's middle half▲ 16.1pp
Current ratio1.65within the sector's middle half-0.83within the sector's middle half▼ 0.820.85within the sector's middle half▲ 0.021.38within the sector's middle half▲ 0.532.19above the sector's middle half▲ 0.81
Return on assets (ROA)51.0%above the sector's middle half-8.3%within the sector's middle half▼ 42.7pp-0.7%within the sector's middle half▼ 9.0pp6.3%within the sector's middle half▲ 7.0pp9.9%within the sector's middle half▲ 3.6pp
Staff (FTE)1.61▼ 37.5%1=
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 23% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €155,017
Fixed assets
€45,235 ▲ 17.3%
Current assets
€109,783 ▼ 20.9%
Equity and liabilities €155,017
Equity
€91,986 ▲ 20.0%
Debt
€63,031 ▼ 37.4%
Debt's share of the balance-sheet total falls from 56.8% to 40.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€35,060▼
2023 · €35,751
Cash flow
€30,637▼
2023 · €30,821
Quick ratio
1.97▲
2023 · 1.19
Debt to equity
0.69▼
2023 · 1.31
ROE
16.7%▲
2023 · 14.5%
Interest coverage
88.31▲
2023 · 30.48
Debt ≤ 1 year
€50,192▼
2023 · €100,738
Income taxes
€4,026▲
2023 · €3,757
Staff costs
€25,981▼
2023 · €30,213
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 6.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €192,693 | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | €45,572 | €58,899 | €30,213 | €25,981 | ▼ 14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €399 | €17,484 | €29,158 | €19,698 | €15,278 | ▼ 22.4% |
| Other operating charges640/8 | - | €3,235 | €5,081 | €2,872 | €1,893 | ▼ 34.1% |
| Gross operating margin9900 | €83,349 | €81,947 | €95,547 | €68,835 | €62,934 | ▼ 8.6% |
| Operating profit (loss)9901 | €60,782 | €15,656 | €2,409 | €16,052 | €19,782 | ▲ 23.2% |
| Financial income75/76B | - | €11,003 | - | - | - | - |
| Recurring financial income75 | - | €11,003 | - | - | - | - |
| Non-recurring financial income76B | - | €11,003 | - | - | - | - |
| Financial charges65/66B | - | €58 | €300 | €1,173 | €397 | ▼ 66.1% |
| Recurring financial charges65 | €183 | €58 | €300 | €1,173 | €397 | ▼ 66.1% |
| Profit (loss) for the period before taxes9903 | €63,599 | €26,600 | €2,110 | €14,880 | €19,385 | ▲ 30.3% |
| Income taxes67/77 | €16,442 | €6,686 | €3,677 | €3,757 | €4,026 | ▲ 7.2% |
| Profit (loss) for the period9904 | €47,157 | €19,914 | -€1,567 | €11,123 | €15,359 | ▲ 38.1% |
| Profit (loss) for the period to be appropriated9905 | €47,157 | €19,914 | -€1,567 | €11,123 | €15,359 | ▲ 38.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €92,504 | €240,615 | €225,859 | €177,365 | €155,017 | ▼ 12.6% |
| Fixed assets21/28 | €19,401 | €96,465 | €89,693 | €38,574 | €45,235 | ▲ 17.3% |
| Tangible fixed assets22/27 | €19,401 | €96,325 | €89,553 | €38,434 | €45,095 | ▲ 17.3% |
| Plant, machinery and equipment23 | - | €51,264 | €37,875 | €24,485 | €11,214 | ▼ 54.2% |
| Furniture and vehicles24 | - | €45,061 | €51,678 | €13,949 | €33,880 | ▲ 143% |
| Financial fixed assets28 | - | €140 | €140 | €140 | €140 | = |
| Current assets29/58 | €73,103 | €144,149 | €136,166 | €138,791 | €109,783 | ▼ 20.9% |
| Stocks and contracts in progress3 | €238 | €14,263 | €18,062 | €18,447 | €10,707 | ▼ 42.0% |
| Stocks30/36 | - | €14,263 | €18,062 | €18,447 | €10,707 | ▼ 42.0% |
| Amounts receivable within one year40/41 | - | €59,119 | €49,858 | €68,276 | €83,253 | ▲ 21.9% |
| Other amounts receivable41 | - | €59,119 | €49,858 | €68,276 | €83,253 | ▲ 21.9% |
| Cash at bank and in hand54/58 | €72,865 | €63,942 | €67,606 | €52,068 | €15,823 | ▼ 69.6% |
| Deferred charges and accrued income490/1 | - | €6,825 | €641 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €92,504 | €240,615 | €225,859 | €177,365 | €155,017 | ▼ 12.6% |
| Equity10/15 | €47,157 | €67,071 | €65,504 | €76,627 | €91,986 | ▲ 20.0% |
| Profit (loss) carried forward14 | €47,157 | €67,071 | €65,504 | €76,627 | €91,986 | ▲ 20.0% |
| Amounts payable17/49 | €45,347 | €173,544 | €160,355 | €100,738 | €63,031 | ▼ 37.4% |
| Amounts payable within one year42/48 | €44,228 | €173,544 | €160,355 | €100,738 | €50,192 | ▼ 50.2% |
| Trade debts44 | €11,754 | €147,530 | €111,324 | €61,213 | €14,952 | ▼ 75.6% |
| Suppliers440/4 | - | €147,530 | €111,324 | €61,213 | €14,952 | ▼ 75.6% |
| Taxes, remuneration and social security45 | - | €26,013 | €16,173 | €14,173 | €12,862 | ▼ 9.2% |
| Taxes450/3 | - | €23,128 | €14,398 | €12,190 | €5,898 | ▼ 51.6% |
| Remuneration and social security454/9 | - | €2,885 | €1,776 | €1,982 | €6,964 | ▲ 251% |
| Other amounts payable47/48 | - | - | €32,857 | €25,353 | €22,378 | ▼ 11.7% |
| Accrued charges and deferred income492/3 | - | - | - | - | €12,839 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €47,157 | €19,914 | -€1,567 | €11,123 | €15,359 | ▲ 38.1% |
| + Depreciation and write-downs630 | €399 | €17,484 | €29,158 | €19,698 | €15,278 | ▼ 22.4% |
| Operating cash flow (approximation) | €47,555 | €37,398 | €27,591 | €30,821 | €30,637 | ▼ 0.6% |
| Investment in fixed assets (approximation) | - | -€94,548 | -€22,385 | €31,421 | -€21,938 | ▼ 170% |
| Change in cash | - | -€8,923 | €3,664 | -€15,538 | -€36,246 | ▼ 133% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €11,123
Net result €11,123 after one loss-making year.
14-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 45 days late
2022
31-12
Financial
Weakest financial yearnet -€1,567
Net result drops to -€1,567, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 91 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Sint-Jans-Molenbeek · 1 establishment unit since 2020
Ground area
72 m²
Building footprint
61 m²
Volume, LiDAR
953 m³
Parcel 21012A0182/00F003, Brussels · tallest building 18.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Leopold II laan 85, 1080 Sint-Jans-Molenbeek
since 20202.299.047.874
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21012A0182/00F003 | Brussels | 72 m² | 1 · 61 m² | 18.3 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Jans-Molenbeek2.299.047.874
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,777. 7,922 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0740518784
Also
9925:BE0740518784
Registered
26-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.