Active BE 1002.804.311Private limited company

FUNK

Kronenburgstraat 41 ·2000 Antwerpen, Belgium· 2 yrs active

Sector: Food manufacturing (10712)

Conclusion Checked

The computed 12-month bankruptcy probability of FUNK is 2.8% (moderate). The 2024 annual accounts show equity of €162k and a net result of €163k. Its solvency ranks better than 70% of 111 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€162k
Net result	€163k
Staff (FTE)	5.2
Better than sector	70%

Snowflake analysis 5 axes · computed by Checked

67 / 100

Strong profile, led by profitability.

Health 61

Profitability 100

Solvency 58

Growth 50

Stability 67

Bankruptcy probability (12 mo) Checked model v1 · free

2.8% Moderate

0%0,5%1,5%4%10%≥25%

Young company +Higher-failure-rate sector +Multiple establishment units +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 3 signals

Young company

Founded in 2023, under 3 years, statistically higher risk.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.

Administratively compliant

No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags 0 events

No administrative flags

Health barometer FY 2024 · computed

61 / 100 Healthy

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview1 NBB filings

Annual accounts filed on 30-07-2025 with the NBB · fiscal year 2024 · verkort

Sector comparison

Fiscal year 2024 · NACE 10, Food manufacturing · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	41.1%	24.9%	better than 70% of 111 sector peers
Net result	€163k	€49k	better than 79% of 111 sector peers
Equity	€162k	€149k	better than 56% of 111 sector peers
Gross operating margin	€521k	€370k	better than 63% of 111 sector peers
Staff costs	€297k	€277k	higher than 56% of 91 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Highlight YoY changes (±10%)

Fiscal year	2024
Revenue	-
EBITDA	€222k
Net profit	€163k
Cash flow	€174k
Staff costs	€297k
Income taxes	€44k
Dividends	€2k
Total assets	€395k
Equity	€162k
Debt	€232k
of which ≤ 1y	€231k
of which > 1y	-
Working capital	€-46k
Employees (FTE)	5.2

Ratios (computed)

	2024
Current ratio	0.80
Quick ratio	0.73
Working capital ratio	-11.7%
Solvency	41.1%
Debt / equity	1.43
Long-term debt ratio	-
Interest coverage	51.26
Gross margin	-
Net margin	-
ROA	41.3%
ROE	100.4%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €210k · 53.3% Current assets €184k · 46.7%

Equity & liabilities

Equity €162k · 41.1% Debt €232k · 58.9%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€395k
Fixed assets	21/28	€210k
Tangible fixed assets	22/27	€207k
Financial fixed assets	28	€4k
Current assets	29/58	€184k
Stocks & contracts in progress	3	€17k
Amounts receivable within one year	40/41	€13k
Cash & bank	54/58	€150k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€395k
Equity	10/15	€162k
Contributions / capital	10/11	€1k
Reserves	13	€161k
Amounts payable	17/49	€232k
Amounts payable within one year	42/48	€231k
Trade debts payable within one year	44	€96k
Income statement
Gross operating margin	9900	€521k
Operating result	9901	€211k
Financial income	75	€160
Financial charges	65	€4k
Result before taxes	9903	€207k
Income taxes	67/77	€44k
Net result for the period	9904	€163k
Result to be appropriated	9905	€163k

Ratios computed by Checked.

Legal Structure

NACE primary	Food manufacturing(10712)
Legal form	Private limited company(610)
Incorporation	29-11-2023
Status	Active
Postal code	2000

Establishment units 2 locations

FUNK

Kronenburgstraat 41, 2000 AntwerpenAmbachtelijke vervaardiging van brood en van vers banketbakkerswerk

since 20232.352.518.630

FUNK

Belpairestraat 10, 2600 AntwerpenAmbachtelijke vervaardiging van brood en van vers banketbakkerswerk

since 20262.388.572.738

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

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.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11003B0248/00Z002	Flanders	3,890 m²	1 · 1,827 m²	23.7 m · 7 fl.
11804D2462/00R003	Flanders	2,910 m²	1 · 175 m²	27.1 m · 8 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 2 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

30-07-2025

NBB filing Annual accounts filed

fiscal year 2024 · verkort

24-01-2025

State Gazette act Director changes

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 1 year ago

2025

24-01-2025 3 directors appointed, 2 resigning Director changes

CommV DVP, Niet-statutair bestuurder
CommV WYLI, Niet-statutair bestuurder
CommV VIVER, Niet-statutair bestuurder
Dennis Van Peel, Niet-statutair bestuurder
Lisa Wynen, Niet-statutair bestuurder

Original publication ↗

Technical details

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Company registry (CBE) Crossroads Bank

Activities

Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk10712Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk10712Vervaardiging van beschuit en biscuit en van ander houdbaar banketbakkerswerk10720Vervaardiging van beschuit, biscuit en houdbaar banketbakkerswerk10720Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen47110Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)47112Cafés en bars56301Cafés en bars56301

Primary activity highlighted.

Names & trade names

Legal nameNL

FUNK

Registered office

Kronenburgstraat 41 bus a

2000 Antwerpen, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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