The computed 12-month bankruptcy probability of MAY FOOD is 21.3% (high). For MAY FOOD, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €126,321 and a net result of €81,332. Its solvency ranks better than 33% of 14,793 sector peers (NACE 46, financial year 2023). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries (see administrative flags).
Signalsraises risk1 change of registered office in 24 months2 financial years not filed after the legal deadline; latest accounts 36 days late; 2 of the last 3 lateFigures for financial year 2023 (filed 05-09-2024)2 ex-officio strike-offs in the KBOTwo or more financial years not filedAdministrative warnings in the KBO publicationsneutralFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Average
Solvency42-28
equity 17.3% of total assets
Liquidity50+21
short-term debt 27.5% · cash 8.9%
Profitability83-17
return on assets 11.1%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
21.3%High
0%0.5%1.5%4%10%≥ 25%
About 1 in 5 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.4% (26,876 companies, NACE 46, micro)
Last 24 months11-2024: 3.5%12-2024: 3.5%● unchanged vs 11-202401-2025: 3.4%▼ -0.1 percentage points vs 12-2024lowest value02-2025: 11.8%▲ +8.4 percentage points vs 01-202503-2025: 11.8%● unchanged vs 02-202504-2025: 13.1%▲ +1.3 percentage points vs 03-202505-2025: 13.6%▲ +0.5 percentage points vs 04-202506-2025: 14.2%▲ +0.6 percentage points vs 05-202507-2025: 14.6%▲ +0.4 percentage points vs 06-202508-2025: 16.0%▲ +1.4 percentage points vs 07-202509-2025: 15.6%▼ -0.4 percentage points vs 08-202510-2025: 21.5%▲ +5.9 percentage points vs 09-202511-2025: 21.6%▲ +0.1 percentage points vs 10-202512-2025: 23.0%▲ +1.4 percentage points vs 11-202501-2026: ≥ 25%▲ +5.0 percentage points vs 12-2025highest value02-2026: ≥ 25%● unchanged vs 01-2026highest value03-2026: 17.0%▼ -11.0 percentage points vs 02-202604-2026: 15.6%▼ -1.4 percentage points vs 03-202605-2026: 15.6%● unchanged vs 04-202606-2026: 15.7%▲ +0.1 percentage points vs 05-202607-2026: 15.7%● unchanged vs 06-202608-2026: 19.2%▲ +3.5 percentage points vs 07-202609-2026: 19.2%● unchanged vs 08-202610-2026: 21.3%▲ +2.1 percentage points vs 09-2026
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
31-12-2024 year end31-07-2025 deadline19-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 05-09-2024, 36 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 34 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.