Equity
Equity fell by 50% in 6 years.
Equity fell by 50% in 6 years.
From profit to loss in 2024, after a profit of €21,413 in 2023.
Debts rose by €527,720 in 2024.
In 2024, 48 people joined and 36 left.
2025 accounts not filed: deadline was 31-07-2026.
Lower net result than 93% of companies in wholesale trade. Sector median €40,668 · 8,958 companies.
The dashed line is the sector median: 0.2% across 4,374 companies (NACE 46, small).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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, small). It does better than 42% of them on solvency, 46% on liquidity, 5% on profitability and 10% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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).
In July 2024, 2,686 companies had the same profile as MOSSELMAN SEAFOOD has now. Each dot stands for 7 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MOSSELMAN SEAFOOD itself is higher: 2.5% within 12 months. It rests on far more data about MOSSELMAN SEAFOOD than the profile alone.
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 2,686 companies, not a prediction for MOSSELMAN SEAFOOD. 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.
Liquidity is ample, with a current ratio of 1.62 (2.77 in 2023), above the usual 1.5. Short-term debt is 61.5% and cash 18.1% of total assets. However, 63.8% of the assets are financed with debt and provisions.
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.
The company filed its last 6 accounts on average 166 days after 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.
| Company | ||||
|---|---|---|---|---|
| MOSSELMAN SEAFOOD Blankenberge | €1.5m | €0.8m | 36.2% | 15.9 |
| HET VISHUIS Hoogstraten | €2.5m | €1.2m | 43.0% | 11.4 |
| VISCENTRALE FIERET HARELBEKE Harelbeke | €1.2m | €1.0m | 37.0% | 9.6 |
| Het Verschil Ninove | €1.5m | €0.8m | 26.4% | 8.7 |
| WANG LI Anderlecht | €2.4m | €1.0m | 33.9% | 11.5 |
| Multi-Fish Frozen Blankenberge | €0.6m | €0.8m | 23.0% | 15.6 |
| NIJF VISGROOTHANDEL Nieuwpoort | €0.8m | €0.4m | 4.7% | 7 |
These companies have the same main activity as MOSSELMAN SEAFOOD: wholesale trade (NACE 46323). They are comparable in size and age: total assets between €625,000 and €2.5m, founded between 1994 and 2010.
MOSSELMAN SEAFOOD files the abbreviated format. That format states no turnover. The gross margin fell from €1.1m in 2012 to €828,398 in 2024.
FOX HOLDINGS holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
See how customers, suppliers and banks see your own company and what to improve first.
If something looks wrong or is missing, please tell us.