Global Fries

Active

Private limited companyfounded 2021active for 5 yearsWestvleterenstraat(Oost) 25A, 8640 Vleteren, BelgiumKBO/BCE: BE 0767.535.165

From the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of Global Fries is 1.7% (moderate). The 2025 annual accounts show negative equity (-€4.2m) and a net result of -€9.0m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 788 sector peers (NACE 10, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

Global FriesActiveChecked score 54/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 27-04-2021 Normal situation
Legal form: Private limited company
Registered office: Westvleterenstraat(Oost) 25A, 8640 Vleteren
Activity: Manufacture of food products NACE 10311and 5 others
Establishment unit: 2.248.667.757 8640 Vleteren, since 01-01-2016
Financial year end: 31 December
Peppol: Reachable since 17-09-2025

Company details

Who decides

Board

BLACK ARROWDirector · since 27-04-2021
Muilenburg GijsbertusDirector · since 27-04-2021

Shareholders

Global Fries Holding100%annual accounts 2025

Holdings: Shares in 1 company Farm Potato

Board & ownership

How it is doing

54 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 1.7%

Annual accounts 2025

Turnover: €78.2m; ▲ 16.9%
Loss: €9.0m
Equity: -€4.2m
Total assets: €57.7m; ▲ 2.9%
Staff: 69.7 FTE; ▲ 15.6%

2025 accounts 18 days early

Filed on 13-07-2026at the National Bank

Financials

Why 54raises riskSector: Manufacture of food products (NACE 10)Loss of €9.0m (financial year 2025)Negative equity -€4.2mlowers riskSize: turnover €78.2m, 69.7 FTE, total assets €57.7mShow the evidence

Checked score

Score 2025

54 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 34% of its sector peers (NACE 10, medium-sized)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 18-16

equity -7.3% of total assets

Liquidity 53+13

short-term debt 20.7% · cash 8.2%

Profitability 3-47

return on assets -15.6%

Bankruptcy probability, 12 months

1.7% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (226 companies, NACE 10, medium-sized)

Last 24 months 11-2024: 2.2%highest value 12-2024: 2.2%● unchanged vs 11-2024highest value 01-2025: 1.9%▼ -0.3 percentage points vs 12-2024 02-2025: 1.8%▼ -0.1 percentage points vs 01-2025 03-2025: 1.8%● unchanged vs 02-2025 04-2025: 1.9%▲ +0.1 percentage points vs 03-2025 05-2025: 1.9%● unchanged vs 04-2025 06-2025: 2.0%▲ +0.1 percentage points vs 05-2025 07-2025: 1.8%▼ -0.2 percentage points vs 06-2025 08-2025: 1.8%● unchanged vs 07-2025 09-2025: 1.8%● unchanged vs 08-2025 10-2025: 1.9%▲ +0.1 percentage points vs 09-2025 11-2025: 1.9%● unchanged vs 10-2025 12-2025: 1.9%● unchanged vs 11-2025 01-2026: 1.9%● unchanged vs 12-2025 02-2026: 1.8%▼ -0.1 percentage points vs 01-2026 03-2026: 1.8%● unchanged vs 02-2026 04-2026: 1.8%● unchanged vs 03-2026 05-2026: 1.9%▲ +0.1 percentage points vs 04-2026 06-2026: 2.0%▲ +0.1 percentage points vs 05-2026 07-2026: 2.0%● unchanged vs 06-2026 08-2026: 1.7%▼ -0.3 percentage points vs 07-2026lowest value 09-2026: 1.7%● unchanged vs 08-2026lowest value 10-2026: 1.7%● unchanged vs 09-2026

No credit on open account

Liquidity ample (current ratio 2.42, compared with 1.72 in 2024, above the usual 1.5; short-term debt: 20.7% and cash: 8.2% of total assets), but equity is negative.

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 10, medium-sized): better than 3% on solvency, 83% on liquidity, 6% on profitability and 42% on growth.

The bankruptcy probability was computed on 31-10-2026 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

Six signals.

lowers riskraises riskneutral

Sector: Manufacture of food products (NACE 10)

KBO

Size: turnover €78.2m, 69.7 FTE, total assets €57.7m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Loss of €9.0m (financial year 2025)

NBB · annual accounts

Negative equity -€4.2m

NBB · annual accounts

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

22232425

2022 to 2025 · latest year -€4.2m

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

18 days early

2024

41 days early

2023

34 days early

2022

31 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 31 days before the deadline; the sector median (NACE 10) for financial year 2024 is 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)

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 29 June (4 of the last 4 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Risk: Negative equityfinancial year 2025: debts exceed assets -€4.2m View
Caution: From profit to loss in 2025after €755,881 in 2024 -€9.0m View
Caution: Among the weakest 5% on net resultsector median €135,029 · 791 companies -€9.0m View
Positive: 3 years of growth in a rowturnover 2025: €78.2m 3 years View
Positive: Always filed on timeaccounts within the deadline every year 4 years View
Flemish supportawarded from 2022 to 2025 €225,508 View

Documents

Key facts about Global Fries

What is the company number of Global Fries?: 0767.535.165. In Belgium the VAT number is the company number with BE in front: BE 0767.535.165.
Where is Global Fries based?: The registered office is at Westvleterenstraat(Oost) 25A, 8640 Vleteren.Company details
What does Global Fries do?: According to the KBO register, the main activity is manufacture of food products (NACE 10311).
What is the legal form of Global Fries?: Private limited company (BV).
When was Global Fries founded?: On 27-04-2021.
Is Global Fries still active?: Yes, Global Fries is an active enterprise in the KBO register.
How many employees does Global Fries have?: On average 69.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Global Fries?: €78.2m in financial year 2025, according to the filed annual accounts.
Is Global Fries profitable?: In financial year 2025, Global Fries made a loss of €9.0m.
Where can I find the annual accounts of Global Fries?: Global Fries filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of Global Fries due?: By 31-07-2027, for financial year 2026.Timeline