HUIFA
ActiveSummary
The computed 12-month bankruptcy probability of HUIFA is 3.5% (moderate). The 2025 annual accounts show negative equity (-€28,991) and a net result of -€13,652. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 13874 sector peers (fiscal year 2025). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability4▼-90
Solvency0▼-12
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.38 against 0.52 in 2024; short-term debt: 124.9% and cash: 37.6% of total assets), and equity is negative.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-35%
Return on assets
-16.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 -€28,991
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
57 d late
2022
60 d late
2021
31 d late
2020
60 d late
2019
116 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 55 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€28,991▼ 89.0%
2024 · -€15,339
Total assets
€82,942▼ 28.9%
2024 · €116,663
Net result
-€13,652
2024 · €23,985
Working capital
-€64,360▼ 15.9%
2024 · -€55,514
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€12,596-€17,073-€11,042▲ 35.3%€28,337-€9,930
Net result€11,689within the sector's middle half-€18,257below the sector's middle half-€13,180below the sector's middle half▲ 27.8%€23,985above the sector's middle half-€13,652below the sector's middle half
Equity-€7,887below the sector's middle half▲ 59.7%-€26,144below the sector's middle half▼ 231%-€39,324below the sector's middle half▼ 50.4%-€15,339below the sector's middle half▲ 61.0%-€28,991below the sector's middle half▼ 89.0%
Total assets€92,484within the sector's middle half▲ 79.2%€54,392within the sector's middle half▼ 41.2%€92,347within the sector's middle half▲ 69.8%€116,663within the sector's middle half▲ 26.3%€82,942within the sector's middle half▼ 28.9%
Debt€99,426▲ 41.5%€80,537▼ 19.0%€131,671▲ 63.5%€132,002▲ 0.3%€111,932▼ 15.2%
Working capital-€43,687below the sector's middle half▲ 29.0%-€57,220below the sector's middle half▼ 31.0%-€81,528below the sector's middle half▼ 42.5%-€55,514below the sector's middle half▲ 31.9%-€64,360below the sector's middle half▼ 15.9%
Solvency-8.5%below the sector's middle half▲ 29.4pp-48.1%below the sector's middle half▼ 39.5pp-42.6%below the sector's middle half▲ 5.5pp-13.1%below the sector's middle half▲ 29.4pp-35.0%below the sector's middle half▼ 21.8pp
Current ratio0.56within the sector's middle half▲ 0.440.29below the sector's middle half▼ 0.270.25below the sector's middle half▼ 0.040.52within the sector's middle half▲ 0.280.38below the sector's middle half▼ 0.15
Return on assets (ROA)12.6%within the sector's middle half▲ 86.7pp-33.6%below the sector's middle half▼ 46.2pp-14.3%below the sector's middle half▲ 19.3pp20.6%above the sector's middle half▲ 34.8pp-16.5%below the sector's middle half▼ 37.0pp
Staff (FTE)1.4▲ 133%1.4=1.5▲ 7.1%4.5▲ 200%5.1▲ 13.3%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
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 2025: a loss of €9,930 after €28,337 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €82,942
Fixed assets
€43,713 ▼ 21.2%
Current assets
€39,228 ▼ 35.9%
Equity and liabilities
Equity-€28,991
Debt€111,932
Equity is negative: debt (€111,932) exceeds the balance-sheet total (€82,942).
Key figures and ratios
EBITDA
€1,921▼
2024 · €40,182
Cash flow
-€1,801▼
2024 · €35,830
Quick ratio
0.33▼
2024 · 0.48
Interest coverage
0.50▼
2024 · 9.22
Debt ≤ 1 year
€103,588▼
2024 · €116,687
Debt > 1 year
€8,344▼
2024 · €15,315
Staff costs
€73,916▲
2024 · €37,914
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,621 companies that looked in July 2024 the way this one looks now, 4.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.5%
went bankrupt
10.0%
stopped otherwise
84%
still going
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,621 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €15,189 | €24,918 | €19,736 | €37,914 | €73,916 | ▲ 95.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,132 | €5,669 | €7,594 | €11,845 | €11,851 | ▲ 0.1% |
| Other operating charges640/8 | €1,388 | €936 | €1,063 | €2,045 | €3,256 | ▲ 59.2% |
| Gross operating margin9900 | €35,306 | €14,451 | €17,352 | €80,141 | €79,093 | ▼ 1.3% |
| Operating profit (loss)9901 | €12,596 | -€17,073 | -€11,042 | €28,337 | -€9,930 | ▼ 135% |
| Financial income75/76B | €93 | - | €4 | €5 | €92 | ▲ 1,691% |
| Recurring financial income75 | €93 | - | €4 | €5 | €92 | ▲ 1,691% |
| Financial charges65/66B | €1,000 | €1,184 | €2,142 | €4,357 | €3,814 | ▼ 12.5% |
| Recurring financial charges65 | €1,000 | €1,184 | €2,142 | €4,357 | €3,814 | ▼ 12.5% |
| Profit (loss) for the period before taxes9903 | €11,689 | -€18,257 | -€13,180 | €23,985 | -€13,652 | ▼ 157% |
| Profit (loss) for the period9904 | €11,689 | -€18,257 | -€13,180 | €23,985 | -€13,652 | ▼ 157% |
| Profit (loss) for the period to be appropriated9905 | €11,689 | -€18,257 | -€13,180 | €23,985 | -€13,652 | ▼ 157% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €92,484 | €54,392 | €92,347 | €116,663 | €82,942 | ▼ 28.9% |
| Fixed assets21/28 | €36,745 | €31,076 | €65,374 | €55,489 | €43,713 | ▼ 21.2% |
| Intangible fixed assets21 | €31,850 | €27,300 | €31,402 | €24,852 | €18,302 | ▼ 26.4% |
| Tangible fixed assets22/27 | €4,835 | €3,716 | €33,712 | €30,377 | €25,076 | ▼ 17.5% |
| Land and buildings22 | €4,335 | €3,716 | €3,096 | €2,477 | €1,858 | ▼ 25.0% |
| Plant, machinery and equipment23 | - | - | €26,871 | €24,998 | €21,159 | ▼ 15.4% |
| Furniture and vehicles24 | €500 | - | €3,744 | €2,902 | €2,059 | ▼ 29.0% |
| Financial fixed assets28 | €60 | €60 | €260 | €260 | €335 | ▲ 28.8% |
| Current assets29/58 | €55,739 | €23,317 | €26,973 | €61,173 | €39,228 | ▼ 35.9% |
| Stocks and contracts in progress3 | €4,017 | €4,969 | €4,717 | €5,070 | €5,291 | ▲ 4.4% |
| Stocks30/36 | €4,017 | €4,969 | €4,717 | €5,070 | €5,291 | ▲ 4.4% |
| Amounts receivable within one year40/41 | €300 | €310 | €231 | €940 | €966 | ▲ 2.7% |
| Other amounts receivable41 | €300 | €310 | €231 | €940 | €966 | ▲ 2.7% |
| Cash at bank and in hand54/58 | €49,903 | €17,237 | €20,560 | €54,480 | €31,182 | ▼ 42.8% |
| Deferred charges and accrued income490/1 | €1,519 | €800 | €1,464 | €683 | €1,790 | ▲ 162% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €92,484 | €54,392 | €92,347 | €116,663 | €82,942 | ▼ 28.9% |
| Equity10/15 | -€7,887 | -€26,144 | -€39,324 | -€15,339 | -€28,991 | ▼ 89.0% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Non-distributable reserves130/1 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | -€29,887 | -€48,144 | -€61,324 | -€37,339 | -€50,991 | ▼ 36.6% |
| Provisions and deferred taxes16 | €945 | - | - | - | - | - |
| Provisions for liabilities and charges160/5 | €945 | - | - | - | - | - |
| Other liabilities and charges164/5 | €945 | - | - | - | - | - |
| Amounts payable17/49 | €99,426 | €80,537 | €131,671 | €132,002 | €111,932 | ▼ 15.2% |
| Amounts payable after more than one year17 | - | - | €23,170 | €15,315 | €8,344 | ▼ 45.5% |
| Financial debts170/4 | - | - | €23,170 | €15,315 | €8,344 | ▼ 45.5% |
| Amounts payable within one year42/48 | €99,426 | €80,537 | €108,501 | €116,687 | €103,588 | ▼ 11.2% |
| Current portion of amounts payable after more than one year42 | - | - | €7,263 | €7,855 | €6,971 | ▼ 11.3% |
| Trade debts44 | €13,966 | €11,306 | €10,445 | €11,794 | €12,269 | ▲ 4.0% |
| Suppliers440/4 | €13,966 | €11,306 | €10,445 | €11,794 | €12,269 | ▲ 4.0% |
| Taxes, remuneration and social security45 | €40,911 | €24,819 | €6,387 | €15,693 | €13,966 | ▼ 11.0% |
| Taxes450/3 | €3,191 | €2,741 | €1,315 | €3,972 | €7,712 | ▲ 94.2% |
| Remuneration and social security454/9 | €37,720 | €22,079 | €5,072 | €11,721 | €6,254 | ▼ 46.6% |
| Other amounts payable47/48 | €44,550 | €44,411 | €84,406 | €81,345 | €70,382 | ▼ 13.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,689 | -€18,257 | -€13,180 | €23,985 | -€13,652 | ▼ 157% |
| + Depreciation and write-downs630 | €6,132 | €5,669 | €7,594 | €11,845 | €11,851 | ▲ 0.1% |
| Operating cash flow (approximation) | €17,821 | -€12,588 | -€5,585 | €35,830 | -€1,801 | ▼ 105% |
| Investment in fixed assets (approximation) | - | €0 | -€41,892 | -€1,960 | -€75 | ▲ 96.2% |
| Change in cash | - | -€32,666 | €3,323 | €33,920 | -€23,298 | ▼ 169% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Back to profitnet €23,985
Net result €23,985 after 2 loss-making years.
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €11,689
Net result €11,689 after 2 loss-making years.
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
31-12
Financial
Weakest financial yearnet -€38,245
Net result drops to -€38,245, the lowest in the series; recovery starts the following year.
24-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 116 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 23 days late
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Tournai · 3 establishment units since 2003
Ground area
294 m²
Building footprint
151 m²
Volume, LiDAR
1,474 m³
3 parcels, Wallonia · tallest building 14.4 m, ±4 floors. Linked by address, not a title deed.
3 establishment units
GRAIN DE SABLE
since 20032.115.226.243
FUSHAN
since 20232.349.397.012
UM BEAUMONDE
since 20262.387.197.714
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57081F0071/00E000 | Wallonia | 119 m² | 1 · 81 m² | 11.9 m · 3 fl. |
| 57081F0181/00B000 ProtectedMonument |
Wallonia | 93 m² | 1 · 33 m² | 8.9 m · 2 fl. |
| 57081G0399/00E000 | Wallonia | 82 m² | 1 · 38 m² | 14.4 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Food safety, FASFC
3 sitesTournai2.115.226.243
Tournai2.349.397.012
Tournai2.387.197.714
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 20,500 companies in this sector we hold annual accounts for 11,468. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded21-08-2002
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56210Event catering
E-invoicing
Reachable via Peppol
Peppol ID
0208:0478188125
Also
9925:BE0478188125
Registered
17-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.