Parent and group
- Priam Capital100%
Global Food Concept
ActiveSummary
The computed 12-month bankruptcy probability of Global Food Concept is 7.4% (elevated). The 2025 annual accounts show negative equity (-€1.3m) and a net result of -€197,953. Equity has been shrinking by about 35% per year since 2018. Its solvency ranks better than 5% of 4,785 sector peers (NACE 56, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 18-02-2016 Normal situation
- Activity
- Limited-service restaurants, excluding mobile food services NACE 56112
- Establishment unit
- 2.254.317.117 2018 Antwerpen, since 18-02-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 27-10-2025
Board and ownership
Board
- Eurorest Belgium SADirector · since 18-02-2016
Shareholders
- EUROREST BELGIUM90%· score 882025 annual accounts of EUROREST BELGIUM
- BELGIAN RESTAURATION· score 8530-06-2025 annual accounts of BELGIAN RESTAURATION
Financial position
- Bankruptcy probabilitywithin 12 months
- 7.4%
Annual accounts 2025
- Gross margin
- €155,625
- ▲ 36.9%
- Turnover
- ≈ €490,000
- estimated
- Loss
- €197,953
- ▲ 564%
- Equity
- -€1.3m
- ▼ 17.7%
- Total assets
- €182,891
- ▼ 6.0%
- Employees on 31-12-2025
- 6
- ▼ 33.3%
- Negative equity on 31-12-2025
Filed on 28-07-2026, 3 days before the deadline
Score breakdownraises riskNegative equity -€1.3mLoss of €197,953, the second in a row (financial year 2025)Sector: Food and beverage service activities (NACE 56)lowers riskLiquidity: current ratio 0.12, cash €37,134Show the evidence
Checked score
Score 2025
32
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 16% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Weak
Solvency
0=
equity -720.2% of total assets
Liquidity
25-16
short-term debt 819.3% · cash 20.3%
Profitability
0=
return on assets -108.2%
Bankruptcy probability within 12 months
7.4%
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
12-2024: 8.2%highest value
01-2025: 8.2%● unchanged vs 12-2024highest value
02-2025: 8.2%● unchanged vs 01-2025highest value
03-2025: 8.0%▼ -0.2 percentage points vs 02-2025
04-2025: 8.0%● unchanged vs 03-2025
05-2025: 7.9%▼ -0.1 percentage points vs 04-2025
06-2025: 7.8%▼ -0.1 percentage points vs 05-2025
07-2025: 8.0%▲ +0.2 percentage points vs 06-2025
08-2025: 6.1%▼ -1.9 percentage points vs 07-2025
09-2025: 6.1%● unchanged vs 08-2025
10-2025: 6.1%● unchanged vs 09-2025
11-2025: 6.1%● unchanged vs 10-2025
12-2025: 6.1%● unchanged vs 11-2025
01-2026: 6.1%● unchanged vs 12-2025
02-2026: 6.1%● unchanged vs 01-2026
03-2026: 6.0%▼ -0.1 percentage points vs 02-2026
04-2026: 6.0%● unchanged vs 03-2026
05-2026: 6.0%● unchanged vs 04-2026
06-2026: 5.9%▼ -0.1 percentage points vs 05-2026lowest value
07-2026: 6.0%▲ +0.1 percentage points vs 06-2026
08-2026: 7.4%▲ +1.4 percentage points vs 07-2026
09-2026: 7.4%● unchanged vs 08-2026
10-2026: 7.4%● unchanged vs 09-2026
11-2026: 7.4%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.12 (0.15 in 2024), below 1. Short-term debt is 819.3% and cash 20.3% of total assets. Equity is negative.
Calculation
The band follows from the bankruptcy probability. 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). It does better than 9% of them on solvency, 21% on liquidity, 8% on profitability and 26% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€1.3m
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 28-07-2026, 3 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
3 days early
2024
22 days early
2023
70 days late
2022
120 days late
2021
61 days late
2020
31 days late
2019
255 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 73 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 September (4 of the last 5 accounts filed within 64 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Risk: Negative equitydebts exceed assets in financial year 2025 -€1.3m View
- Risk: 8 loss-making years in a rowloss in financial year 2025 -€197,953 View
- Caution: Result fell in 2025from -€29,832 to -€197,953 ▼ 564% View
- Caution: Lower solvency than 95% of companies in food and beverage servicesector median 29.8% · 4,785 companies -720.2% View
Recent changes
- · Gazette deed Incorporation
Companies linked to Global Food Concept
Comparable companies
These companies have the same main activity as Global Food Concept: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €149,000 and €194,000, founded between 2014 and 2018.
| Company | Total assets | Gross margin |
|---|---|---|
| Global Food Concept Antwerpen | €182,891 | €155,625 |
| My Tannour Merode Brussel | €190,600 | €121,778 |
| DP TORHOUT Brugge | €154,420 | €191,812 |
| GET YOUR MUG Bassenge | €149,807 | €208,509 |
| VACL Sambreville | €149,246 | €159,420 |
| BrewBrothers Antwerpen | €187,281 | €320,675 |
| UNION FOOD Elsene | €193,845 | €269,732 |
Key facts about Global Food Concept
- What is the company number of Global Food Concept?
- The company number of Global Food Concept is 0648.784.302. The VAT number is the same number with BE in front: BE 0648.784.302.
- Where is Global Food Concept based?
- The registered office is at De Keyserlei 51, 2018 Antwerpen.Company details
- What does Global Food Concept do?
- According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
- What is the legal form of Global Food Concept?
- The legal form of Global Food Concept is Private limited company (pre-2019) (BVBA).
- When was Global Food Concept founded?
- Global Food Concept was founded on 18-02-2016.
- Is Global Food Concept still active?
- Yes, Global Food Concept is an active enterprise in the KBO register.
- How many employees does Global Food Concept have?
- Global Food Concept had an average of 8.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Global Food Concept?
- The turnover in financial year 2025 is ≈ €490,000. This figure is estimated from the gross margin of €155,625 and 99 comparable companies (NACE 56112). It probably lies between €370,000 and €600,000.
- Is Global Food Concept profitable?
- In financial year 2025, Global Food Concept made a loss of €197,953.
- Where can I find the annual accounts of Global Food Concept?
- Global Food Concept filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Global Food Concept due?
- Global Food Concept must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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