MFoods

Active Risk: not assessed

Limited partnershipfounded 2016active for 10 yearsLoenhoutseweg 93, 2320 Hoogstraten, BelgiumKBO/BCE: BE 0662.604.129

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

MFoods is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2021 annual accounts show equity of €66,786 and a net result of €14,215. Its solvency ranks better than 73% of 7,027 sector peers (NACE 64, financial year 2021). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

MFoodsActive

Risk analysis Report Compare

Official details

KBO

Status: Active since 15-09-2016 Normal situation
Activity: Activities of holding companies NACE 64210and 2 others
Establishment unit: 2.260.428.117 2320 Hoogstraten, since 02-01-2017
Financial year end: 31 December
Peppol: Reachable since 02-12-2025

Company details

Board and ownership

Board

Aerts MaartenDirector

Board & ownership

Financial position

Financial institution: outside the modelBankruptcy probability: sector outside the model

Annual accounts 2021

Profit: €14,215
Equity: €66,786
Total assets: €90,061

Filed on 29-08-2022, 29 days after the deadlinePDF

Financials

Signalsraises risk2021 accounts filed 29 days lateShow the evidence

Checked score

Outside the general model

Model not applicable to financial institutions

The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.

Bankruptcy probability within 12 months

The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

1 signal.

raises risk

2021 accounts filed 29 days late

The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 29-08-2022, 29 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.

NBB · 1 filing

Deviation from the deadline

2021

29 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

The company filed its 2021 accounts 29 days after the deadline. In the sector (NACE 64), the median for financial year 2021 was 11 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Comparable companies

These companies have the same main activity as MFoods: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €93,800 and €111,000, founded between 2016 and 2017.

Company	Total assets	Gross margin
MFoods Hoogstraten	€90,061	€31,619
KRISTOF DE MAEYER Putte	€107,961	€29,905
Atelier P Brecht	€110,861	€29,727
Lecs Geel	€102,448	€27,029
SaGoCo Oosterzele	€96,189	€33,887
WITE Asse	€100,343	€30,312
ADLOWINE Enghien	€93,828	€26,900

Full comparison

Documents

Key facts about MFoods

What is the company number of MFoods?: The company number of MFoods is 0662.604.129. The VAT number is the same number with BE in front: BE 0662.604.129.
Where is MFoods based?: The registered office is at Loenhoutseweg 93, 2320 Hoogstraten.Company details
What does MFoods do?: According to the KBO register, the main activity is activities of holding companies (NACE 64210).
What is the legal form of MFoods?: The legal form of MFoods is Limited partnership (Comm.V).
When was MFoods founded?: MFoods was founded on 15-09-2016.
Is MFoods still active?: Yes, MFoods is an active enterprise in the KBO register.
What is the turnover of MFoods?: The turnover in financial year 2021 is ≈ €130,000. This figure is estimated from the gross margin of €31,619 and 2,949 comparable companies of the same size. It probably lies between €76,000 and €230,000. It is a rough estimate.Financials
Is MFoods profitable?: In financial year 2021, MFoods made a profit of €14,215.
Where can I find the annual accounts of MFoods?: MFoods filed 1 annual account with the National Bank of Belgium, for financial year 2021.Annual accounts 2021 (PDF)