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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. Equity fluctuates too strongly from year to year to read a trend from it. 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 ReportCompare
Global FriesActiveChecked score 54/100
Risk analysis ReportCompare

Overview

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

Board and ownership

Board
  • BLACK ARROWDirector · since 27-04-2021
  • Muilenburg GijsbertusDirector · since 27-04-2021
Shareholders
Holdings
Shares in 1 company Farm Potato
Board & ownership

Financial position

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 filed 18 days before the deadline
Filed on 13-07-2026at the National Bank
Financials
Score breakdownraises 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 stronger than 34% of medium-sized companies in food products (NACE 10)
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 within 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 is ample, with a current ratio of 2.42 (1.72 in 2024), above the usual 1.5. Short-term debt is 20.7% and cash 8.2% of total assets. However, 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 10, medium-sized). It does better than 3% of them 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. 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 · Sector: Manufacture of food products (NACE 10)
KBO
lowers risk · 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 the company's profile.
NBB · annual accounts
raises risk · Loss of €9.0m (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€4.2m
NBB · annual accounts
raises risk · 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
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 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

The company filed its last 4 accounts on average 31 days before the deadline. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% 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 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
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€4.2m View
  • Caution: From profit to loss in 2025after a profit of €755,881 in 2024 -€9.0m View
  • Caution: Lower net result than 95% of companies in food productssector 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

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Global Fries

What is the company number of Global Fries?
The company number of Global Fries is 0767.535.165. The VAT number is the same 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?
The legal form of Global Fries is Private limited company (BV).
When was Global Fries founded?
Global Fries was 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?
Global Fries had an average of 69.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Global Fries?
The turnover of Global Fries was €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?
Global Fries must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Companies linked to Global Fries

Comparable companies

These companies have the same main activity as Global Fries: manufacture of food products (NACE 10311). They are comparable in size and age: total assets between €6.4m and €197m, founded between 1992 and 2022.

CompanyTotal assetsTurnover
Global Fries Vleteren€57.7m€78.2m
MYDIBEL FRESH Mouscron€98.0m€25.6m
GRAMYBEL Mouscron€84.8m€59.0m
DESCHOUT POTATOES Wingene€6.4m€35.6m
wimble manufacturing Belgium Mechelen€196.9m€127.9m
Re:Source Wielsbeke€9.6m-
Van Remoortel Aardappelverwerking Beveren-Kruibeke-Zwijndrecht€32.8m€57.9m
Full comparison

Next steps

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