Turnover
≈ €180,000 estimated
The accounts state no turnover.
AB FOOD
Lifetime
11 annual accounts with figures on one time axispeak €42,227 (2025)
€42,227▲ 433%
lowest -€10,619 (2015)
€29,664▲ €38,576
peak €44,463 (2025)
€44,463▲ 200%
€73,077▲ 31.8%
Board2 names since 2022
1 directorMARGETIS Achille
Owners2 names in the annual accounts
Documentsfilings and deeds
22-06-202639 days before the deadline
2025abbreviated format
Gross margin from €7,916 to €42,227Back to profit: €29,664Equity from €14,798 to €44,463Debts from €55,455 to €73,077Cash from €388 to €32,763
Key points
from the 2025 annual accountsFilings
11 annual accounts since 2015
Four of the last ten came late. The 2018 accounts came latest: 64 days after the end of the period.
Position in the sector
€44,463
Less equity than 80% of companies in wholesale trade. Sector median €361,107 · 9,898 companies.
Checked score
96
Excellent
Financially stronger than 74% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,888 companies (NACE 46, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.1%
01-2025: 1.1%● unchanged vs 12-2024
02-2025: 1.1%● unchanged vs 01-2025
03-2025: 1.1%● unchanged vs 02-2025
04-2025: 1.1%● unchanged vs 03-2025
05-2025: 0.9%▼ -0.2 percentage points vs 04-2025
06-2025: 0.9%● unchanged vs 05-2025
07-2025: 1.0%▲ +0.1 percentage points vs 06-2025
08-2025: 1.3%▲ +0.3 percentage points vs 07-2025
09-2025: 1.3%● unchanged vs 08-2025highest value
10-2025: 1.2%▼ -0.1 percentage points vs 09-2025
11-2025: 1.2%● unchanged vs 10-2025
12-2025: 1.1%▼ -0.1 percentage points vs 11-2025
01-2026: 1.1%● unchanged vs 12-2025
02-2026: 1.1%● unchanged vs 01-2026
03-2026: 1.1%● unchanged vs 02-2026
04-2026: 1.1%● unchanged vs 03-2026
05-2026: 1.1%● unchanged vs 04-2026
06-2026: 1.1%● unchanged vs 05-2026
07-2026: 0.1%▼ -1.0 percentage point vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Wholesale trade (NACE 46)
lowers risk
Liquidity: current ratio 1.60, cash €32,763
Founded in 2014
Equity €44,463 (37.8% of total assets)
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 46, micro). It does better than 47% of them on solvency, 57% on liquidity, 95% on profitability and 97% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as AB FOOD has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of AB FOOD itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for AB FOOD. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.6 (1.26 in 2024), above the usual 1.5. Short-term debt is 62.2% and cash 27.9% of total assets. However, 62.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €44,463
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 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 days early
2024
8 days early
2023
20 days late
2022
25 days early
2021
33 days early
2020
24 days early
2019
28 days early
← 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 20 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 6 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Company renamed from ICE CRIME to AB FOOD
Issue of 400 shares · Resignation: AKILEA (manager) · Appointment: MARGETIS Achille (director) · General meeting of 31-03-2022 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0567743176
Registered office moved from Waterloo to Waterioo
New registered office: Avenue D'lėna, 14 1410 Waterioo · Previous registered office: Drève du Moulin, 91 1410 Waterloo · Gazette deed
Incorporation
published on 14-11-2014 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| AB FOOD Waterloo | €117,539 | €42,227 | 37.8% | - |
| V.C. FOOD SUPPLIES Lille | €118,114 | €52,767 | 46.6% | - |
| MARTENS BART Lievegem | €98,907 | €43,436 | 74.6% | - |
| Terroir du Quercy Diepenbeek | €120,202 | €58,299 | 47.9% | - |
| MES MARKET Anderlecht | €89,394 | €35,273 | 51.8% | - |
| LinkK Bruges | €162,109 | €49,682 | 79.8% | - |
| Gerluk Lier | €120,525 | €25,168 | 9.3% | - |
These companies have the same main activity as AB FOOD: agents in the wholesale of food, beverages and tobacco (NACE 46170). They are comparable in size and age: total assets between €89,400 and €162,000, founded between 2013 and 2016.
Official details
Source: KBO- Status
- Active since 12-11-2014Normal situation
- Activity
- Agents in the wholesale of food, beverages and tobaccoNACE 46170and 2 others
- Establishment unit
- 2.236.692.8111410 Waterloo, since 12-11-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Annual accounts 2025
- €117,539▲ 67.3%
- Filing
- Filed on 22-06-2026, 39 days before the end of the filing period
Insights on AB FOOD
AB FOOD files the abbreviated format. That format states no turnover. The gross margin rose from -€8,603 in 2015 to €42,227 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about AB FOOD
- What is the company number of AB FOOD?
- The company number of AB FOOD is 0567.743.176. The VAT number is the same number with BE in front: BE 0567.743.176.
- Where is AB FOOD based?
- The registered office is at Avenue d'Iena 14, 1410 Waterloo.Company details
- What does AB FOOD do?
- According to the KBO register, the main activity is agents in the wholesale of food, beverages and tobacco (NACE 46170).
- What is the legal form of AB FOOD?
- AB FOOD is a private limited company (BV).
- When was AB FOOD founded?
- AB FOOD was founded on 12-11-2014.
- Is AB FOOD still active?
- Yes, AB FOOD is an active enterprise in the KBO register.
- What is the turnover of AB FOOD?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €42,227 and 38 comparable companies (NACE 461). It probably lies between €120,000 and €470,000.Financials
- Is AB FOOD profitable?
- In financial year 2025, AB FOOD made a profit of €29,664.
- Where can I find the annual accounts of AB FOOD?
- AB FOOD filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AB FOOD due?
- AB FOOD must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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