Financials
- Financial year
- 2024
- Total assets
- €457,868
- Profit
- €13,308
- Solvency
- 3.6%
Foody Concepts
ActiveSummary
The computed 12-month bankruptcy probability of Foody Concepts is 7.3% (elevated). The 2024 annual accounts show equity of €16,308 and a net result of €13,308. Its solvency ranks better than 28% of 4,702 sector peers (NACE 56, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Limited-service restaurants, excluding mobile food services
NACE 56112
1 site
Size
€457,868total assets 2024
- Equity
- €16,308
- Profit
- €13,308
Turnover not published (micro format)
Structure
Accounts filed 153 days late
Why 35raises riskSector: Food and beverage service activities (NACE 56)Liquidity: current ratio 0.00, cash €339, halvedLatest accounts 70 days late; 2 of the last 3 lateFounded in 2024Show the evidence
Checked score
Score 2024
35
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 44% of its sector peers (NACE 56, micro)
Financial strength
Weak
Solvency
29
equity 3.6% of total assets
Liquidity
33
short-term debt 41.2% · cash 1.6%
Profitability
45
return on assets 2.9%
Bankruptcy probability, 12 months
7.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
07-2025: 3.9%lowest value
08-2025: 4.0%▲ +0.1 percentage points vs 07-2025
09-2025: 4.4%▲ +0.4 percentage points vs 08-2025
10-2025: 4.6%▲ +0.2 percentage points vs 09-2025
11-2025: 4.9%▲ +0.3 percentage points vs 10-2025
12-2025: 4.9%● unchanged vs 11-2025
01-2026: 7.8%▲ +2.9 percentage points vs 12-2025
02-2026: 7.7%▼ -0.1 percentage points vs 01-2026
03-2026: 7.5%▼ -0.2 percentage points vs 02-2026
04-2026: 7.5%● unchanged vs 03-2026
05-2026: 7.9%▲ +0.4 percentage points vs 04-2026
06-2026: 8.1%▲ +0.2 percentage points vs 05-2026
07-2026: 8.1%● unchanged vs 06-2026
08-2026: 8.1%● unchanged vs 07-2026highest value
09-2026: 8.1%● unchanged vs 08-2026highest value
10-2026: 7.3%▼ -0.8 percentage points vs 09-2026
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity insufficient (current ratio 0.21, below 1; short-term debt: 41.2% and cash: 1.6% of total assets), and 96.4% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 56, micro): better than 31% on solvency, 22% on liquidity, 34% on profitability and 89% on growth.
The bankruptcy probability was computed on 20-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-12-2025, 153 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 1 filingDeviation from the deadline
2024
153 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 153 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- IncorporationAppointments: KISA Necip (director) and…
Key points
By topic
Network & group
- Connected companies
- 1
Timeline
- Events
- 2
- Since
- 2024
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Founded
- 04-06-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 15
- Who signs
- Each director alone
- Annual meeting
- Last Saturday of June at 18:00
- Purpose
- “Het uitbaten van snackbars, fastfoodketens, drankgelegenheden, hotels, logementshuizen…” (deed in Dutch)
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