Good Food & Co
Open bankruptcySummary
A bankruptcy procedure is open for Good Food & Co according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €98k and a net result of €-13k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 04-07-2022, 27 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
27 d early
2020
30 d late
2019
98 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€98k▼ 14.4%
2020 · €114k
2018: €85k
2019: €112k
2020: €114k
2018 → 2021
Total assets
€167k▼ 22.8%
2020 · €217k
2018: €205k
2019: €253k
2020: €217k
2018 → 2021
Net result
€-13k
2020 · €5k
2018: €68k
2019: €27k
2020: €5k
2018 → 2021
Working capital
€37k▼ 2.8%
2020 · €38k
2018: €18k
2019: €17k
2020: €38k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€85k-€112k▲ 31.5%€114k▲ 1.6%€98k▼ 14.4%
Operating result€87k-€32k▼ 63.0%€7k▼ 77.9%€-11k
Net result€68k-€27k▼ 60.4%€5k▼ 81.5%€-13k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €11k after €7k in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €167k
Fixed assets
€61k ▼ 20.2%
Current assets
€106k ▼ 24.3%
Equity and liabilities €167k
Equity
€98k ▼ 14.4%
Debt
€70k ▼ 32.2%
Debt's share of the balance-sheet total falls from 47.4% to 41.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€18k▼
2020 · €43k
Cash flow
€16k▼
2020 · €41k
Current ratio
1.53▲
2020 · 1.37
Debt to equity
0.71
ROE
-13.6%▼
2020 · 4.4%
ROA
-7.9%▼
2020 · 2.3%
Interest coverage
8.17
Debt ≤ 1 year
€70k▼
2020 · €103k
Staff costs
€89k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 44 lines
Balance sheet
Code20202021
Assets
Total assets20/58€217k€167k▼
Fixed assets21/28€76k€61k▼
Tangible fixed assets22/27€76k€61k▼
Land and buildings22-€28k
Plant, machinery and equipment23-€24k
Furniture and vehicles24-€9k
Current assets29/58€140k€106k▼
Amounts receivable within one year40/41€86k€35k▼
Trade receivables40-€21k
Other amounts receivable41-€14k
Cash at bank and in hand54/58€50k€72k▲
Equity and liabilities
Total equity and liabilities10/49€217k€167k▼
Equity10/15€114k€98k▼
Contributions10/11-€6k
Outside capital11-€6k
Other1109/19-€6k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€106k€89k▼
Amounts payable17/49€103k€70k▼
Amounts payable within one year42/48€103k€70k▼
Trade debts44€72k€38k▼
Suppliers440/4-€38k
Taxes, remuneration and social security45-€32k
Taxes450/3-€10k
Remuneration and social security454/9-€22k
Income statement
Code20202021
Non-recurring operating income76A-€38k
Remuneration, social security and pensions62-€89k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€29k▼
Other operating charges640/8-€196
Gross operating margin9900€128k€108k▼
Operating profit (loss)9901€7k€-11k▼
Financial income75/76B-€42
Recurring financial income75€11€42▲
Financial charges65/66B-€2k
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€5k€-13k▼
Profit (loss) for the period9904€5k€-13k▼
Profit (loss) for the period to be appropriated9905€5k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€93k
Profit (loss) brought forward from the previous period14P-€106k
Profit to be distributed694/7-€3k
Return on contributions (dividend)694€3k€3k=
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2022
26-07
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · GOOD FOOD & CO BVBA TIENSESTRAAT 176/1, 3000 LEUVEN · event 19-07-2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-13k ▼367%
Net result drops to €-13k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 98 days late
06-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 464 days late
06-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 829 days late
2019
31-12
Financial
Equity above €100kEq €112k ▲31.5%
2 profitable years in a row build equity to €112k.
2018
02-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 275 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Leuven · 2 establishment units since 2015
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.
Tiensestraat 1763000 LeuvenGround area
6,955 m²
Building footprint
1,123 m²
Volume, LiDAR
9,146 m³
2 parcels, Flanders · tallest building 16.0 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Sticky Fingers
since 20152.243.848.837
Sticky Fingers Leuven
since 20172.270.029.731
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24502C0096/00F000 | Flanders | 6,828 m² | 1 · 996 m² | 16.0 m · 3 fl. |
| 24502C0510/00A000 | Flanders | 127 m² | 1 · 127 m² | 12.3 m · 3 fl. |
Linked by address, not proof of ownership
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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | VIVIANE MISSOUL KONING ALBERTLAAN 186,
3010 KESSEL-LO |
19-07-2022 → present |
| Curator | TOM VAN DER
LINDEN KONING ALBERTLAAN 186, 3010 KESSEL-LO- |
19-07-2022 → present |
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Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 9,602 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded14-07-2015
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56210Event catering
82300Organisation of conventions and trade shows
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.