Fresh Chef
ActiveThe computed 12-month bankruptcy probability of Fresh Chef is 2.9% (moderate). The 2024 annual accounts show equity of €2.59M and a net result of €392k. Equity is growing by ~20.9% per year across the filed fiscal years. Its solvency ranks better than 39% of 1546 sector peers (fiscal year 2023). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
86
/ 100
Excellent▲ +33 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability52▲+52
Solvency57▲+9
Growth85▲+33
Stability100
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €220k at 30 days acceptable
Liquidity tight (current ratio 1.21 against 1.05 in 2023), and 66.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
33.7%
Return on assets
5.1%
Age of the figures
20 mo
raises risk · Persistent losses
Two consecutive loss-making years (2022 and 2023); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2023Net result per financial year
18192021222324
2018 to 2024 · latest year €392k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
30 d early
2022
48 d early
2021
30 d early
2020
30 d early
2019
30 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, unclassified schema
Turnover
€20.97M▲ 1,057%
2020 · €1.81M
2020: €1.81M
2020 → 2024
EBIT margin
3.9%▲ 34.6pp
2020 · -30.7%
2020: -30.7%
2020 → 2024
Net result
€392k
2023 · €-660k
2018: €-155k
2019: €-228k
2020: €-607k
2021: €-3.50M
2022: €-5.17M
2023: €-660k
2018 → 2024
Working capital
€814k▲ 338%
2023 · €186k
2018: €59k
2019: €-35k
2020: €326k
2021: €7.31M
2022: €1.37M
2023: €186k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€1.81M-€20.97M
Equity€-930k-€8.03M€2.86M▼ 64.4%€2.20M▼ 23.1%€2.59M▲ 17.8%
Operating result€-556k-€-3.27M▼ 487%€-4.86M▼ 48.7%€-266k▲ 94.5%€815k
Net result€-607k-€-3.50M▼ 476%€-5.17M▼ 47.9%€-660k▲ 87.2%€392k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €815k after a loss of €266k in 2023, the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €7.69M
Fixed assets
€2.97M▼ 20.6%
Current assets
€4.73M▲ 31.1%
Equity and liabilities €7.69M
Equity
€2.59M▲ 17.8%
Debt
€5.10M▼ 0.8%
The debt ratio falls from 70.0% to 66.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€1.88M▲
2023 · €707k
Cash flow
€1.46M▲
2023 · €314k
Solvency
33.7%▲
2023 · 30.0%
Current ratio
1.21▲
2023 · 1.05
Quick ratio
0.89▲
2023 · 0.74
Debt / equity
1.97▼
2023 · 2.33
ROE
15.1%▲
2023 · -30.0%
ROA
5.1%▲
2023 · -9.0%
Interest coverage
29.58▲
2023 · 1.81
Debt
€5.10M▼
2023 · €5.14M
Debt ≤ 1 year
€3.91M▲
2023 · €3.42M
Debt > 1 year
€1.13M▼
2023 · €1.67M
Income taxes
€3k▼
2023 · €3k
Staff costs
€3.01M▼
2023 · €3.51M
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€7.34M€7.69M▲
Fixed assets21/28€3.73M€2.97M▼
Intangible fixed assets21€741k€903k▲
Tangible fixed assets22/27€2.94M€1.99M▼
Land and buildings22€805k€623k▼
Plant, machinery and equipment23€453k€308k▼
Furniture and vehicles24€341k€344k▲
Leasing and similar rights25€1.02M€712k▼
Other tangible fixed assets26€11k€8k▼
Assets under construction and advance payments27€307k€0▼
Financial fixed assets28€57k€68k▲
Other financial fixed assets284/8-€68k
Amounts receivable and cash guarantees285/8-€68k
Current assets29/58€3.60M€4.73M▲
Stocks and contracts in progress3€1.09M€1.23M▲
Stocks30/36€1.09M€1.23M▲
Raw materials and consumables30/31-€899k
Finished goods33-€156k
Goods purchased for resale34-€173k
Amounts receivable within one year40/41€353k€676k▲
Trade receivables40€290k€454k▲
Other amounts receivable41€63k€222k▲
Cash at bank and in hand54/58€1.65M€2.60M▲
Deferred charges and accrued income490/1€508k€218k▼
Equity and liabilities
Total equity and liabilities10/49€7.34M€7.69M▲
Equity10/15€2.20M€2.59M▲
Contributions10/11€12.61M€12.61M=
Profit (loss) carried forward14€-10.41M€-10.02M▲
Amounts payable17/49€5.14M€5.10M▼
Amounts payable after more than one year17€1.67M€1.13M▼
Financial debts170/4€1.43M€779k▼
Leasing and similar obligations172-€342k
Credit institutions173-€437k
Other amounts payable178/9€239k€350k▲
Amounts payable within one year42/48€3.42M€3.91M▲
Current portion of amounts payable after more than one year42€740k€724k▼
Financial debts43€256k€146k▼
Other loans439€256k€146k▼
Trade debts44€1.49M€2.07M▲
Suppliers440/4€1.49M€2.07M▲
Taxes, remuneration and social security45€937k€973k▲
Taxes450/3€564k€685k▲
Remuneration and social security454/9€372k€288k▼
Accrued charges and deferred income492/3€47k€58k▲
Income statement
Code20232024
Operating income70/76A-€21.12M
Turnover70-€20.97M
Change in stocks of work in progress, finished goods and contracts in progress71-€-38k
Other operating income74-€184k
Non-recurring operating income76A€181€0▼
Operating charges60/66A-€20.30M
Goods for resale, raw materials and consumables60-€5.85M
Purchases600/8-€6.02M
Change in stocks: decrease (increase)609-€-173k
Services and other goods61-€9.99M
Remuneration, social security and pensions62€3.51M€3.01M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€974k€1.07M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€3k
Other operating charges640/8€47k€74k▲
Non-recurring operating charges66A€33k€307k▲
Gross operating margin9900€4.30M-
Operating profit (loss)9901€-266k€815k▲
Financial income75/76B€855€10k▲
Recurring financial income75€855€10k▲
Income from current assets751-€9k
Other financial income752/9-€1k
Financial charges65/66B€391k€431k▲
Recurring financial charges65€391k€431k▲
Debt charges650-€64k
Other financial charges652/9-€368k
Profit (loss) for the period before taxes9903€-657k€395k▲
Income taxes67/77€3k€3k▼
Taxes670/3-€3k
Tax adjustments and reversals of tax provisions77-€4
Profit (loss) for the period9904€-660k€392k▲
Profit (loss) for the period to be appropriated9905€-660k€392k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10.41M€-10.02M▲
Profit (loss) brought forward from the previous period14P€-9.75M€-10.41M▼
Social balance
Average headcount (FTE)908752.042.0▼
The notes to these accounts (92 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema
2024
31-12
Financial
Back to profitnet €392k
Net result €392k after 6 loss-making years.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-5.17M
Net result drops to €-5.17M, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 3.91
Current ratio from 1.54 to 3.91.
31-12
Financial
Equity above €5MEq €8.03M
Equity rises from €-930k to €8.03M.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity doublescurrent ratio 1.54
Current ratio from 0.76 to 1.54.
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
16 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-Pieters-Woluwe · 4 establishment units since 2017
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.
Eugène Godauxlaan 261150 Sint-Pieters-WoluweGround area
1.6 ha
Building footprint
5,123 m²
Volume, LiDAR
51,919 m³
4 parcels, Brussels, Flanders · tallest building 28.5 m, ±6 floors. Linked by address, not a title deed.
4 establishment units
Fresh Chef
since 20172.275.919.413
Fresh Chef
since 20182.277.707.973
Arnaud Fraiteurlaan 15/23, 1050 Elsene
since 20222.346.446.331
Fresh Chef
since 20262.384.028.782
4 parcels
Flanders
2
(50%)
Brussels
2
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21446F0030/00A000 | Brussels | 7,406 m² | 1 · 1,655 m² | 28.5 m · 6 fl. |
| 23057C0044/00F000 | Flanders | 6,458 m² | 1 · 3,210 m² | 8.1 m · 2 fl. |
| 24045C0298/00V000 | Flanders | 1,116 m² | 1 · 102 m² | 10.0 m · 3 fl. |
| 21019A0181/00T003 | Brussels | 551 m² | 1 · 155 m² | 13.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 3
4 of 4 parcels 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
2 sitesZaventem2.384.028.782
Huldenberg2.277.707.973
Similar companies · same sector, comparable size
ORLUX
BE 0432.826.668
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DHUYVETTER
BE 0400.212.201
Kruisem · Eq €2.93M
REAL IMPORT - EXPORT
BE 0465.673.244
Roeselare · Eq €1.84M
FRIGERA
BE 0461.415.043
Maaseik · Eq €4.09M
NATURAL PETFOOD
BE 0841.705.523
Dessel · Eq €1.59M
Of 70 companies in sector 10920 we hold annual accounts for 33. 19 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded24-03-2016
Fiscal year end31-12
Activities, NACEBEL
10920Manufacture of food products
62010Computer programming, consultancy and related activities
62100Computer programming
47120Other non-specialised retail sale
47910Retail trade
62020IT consultancy
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.