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MP Food

Active
Private limited companyfounded 20242 yrs activeAnzegemsesteenweg(KRU) 14, 9770 Kruisem, BelgiumKBO/BCE: BE 1013.457.384
Summary

The computed 12-month bankruptcy probability of MP Food is 4.7% (elevated). The 2025 annual accounts show equity of €69,854 and a net result of -€5,146. Its solvency ranks better than 53% of 13683 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability57
Solvency59
Growth-
Track record67
Bankruptcy probability, 12 months
4.7% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.63; short-term debt: 65% and cash: 26.1% of total assets), and 65.8% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+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 · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
34.2%
Return on assets
-2.5%
Age of the figures
9 mo
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 24-07-2026, 7 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
7 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 11 September 2024, MP Food was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Turnover
€411,481
EBIT margin
-1.0%
Net result
-€5,146
Working capital
-€49,731

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €203,168
Fixed assets €120,000
Current assets €83,168
Equity and liabilities €204,534
Equity €69,854
Debt €134,680
Debt finances 65.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€19,825
Cash flow
€18,704
Current ratio
0.63
Quick ratio
0.48
Debt to equity
1.93
ROE
-7.4%
ROA
-2.5%
Interest coverage
17.68
Debt ≤ 1 year
€132,898
Staff costs
€179,846

Peer companies

Historical observation

Of the 2,146 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a small loss
2.2% went bankrupt
5.9% stopped otherwise
92% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 4.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 2,146 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
Filed annual accounts As filed with the NBB · 2025 · 40 lines
Balance sheet Code2025
Assets
Total assets20/58€204,534
Formation expenses20€1,366
Fixed assets21/28€120,000
Intangible fixed assets21€41,721
Tangible fixed assets22/27€78,279
Plant, machinery and equipment23€47,590
Furniture and vehicles24€30,689
Current assets29/58€83,168
Stocks and contracts in progress3€19,284
Stocks30/36€19,284
Amounts receivable within one year40/41€3,992
Trade receivables40€3,992
Cash at bank and in hand54/58€53,420
Deferred charges and accrued income490/1€6,472
Equity and liabilities
Total equity and liabilities10/49€204,534
Equity10/15€69,854
Contributions10/11€75,000
Profit (loss) carried forward14-€5,146
Amounts payable17/49€134,680
Amounts payable within one year42/48€132,898
Trade debts44€13,510
Suppliers440/4€13,510
Taxes, remuneration and social security45€36,889
Taxes450/3€10,040
Remuneration and social security454/9€26,848
Other amounts payable47/48€82,500
Accrued charges and deferred income492/3€1,782
Income statement Code2025
Turnover70€411,481
Goods, raw materials, services and sundry goods60/61€211,023
Remuneration, social security and pensions62€179,846
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,850
Other operating charges640/8€787
Gross operating margin9900€200,459
Operating profit (loss)9901-€4,025
Financial charges65/66B€1,121
Recurring financial charges65€1,121
Profit (loss) for the period before taxes9903-€5,146
Profit (loss) for the period9904-€5,146
Profit (loss) for the period to be appropriated9905-€5,146
Appropriation of the result
Profit (loss) to be appropriated9906-€5,146

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Turnover70€411,481
Goods, raw materials, services and sundry goods60/61€211,023
Remuneration, social security and pensions62€179,846
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,850
Other operating charges640/8€787
Gross operating margin9900€200,459
Operating profit (loss)9901-€4,025
Financial charges65/66B€1,121
Recurring financial charges65€1,121
Profit (loss) for the period before taxes9903-€5,146
Profit (loss) for the period9904-€5,146
Profit (loss) for the period to be appropriated9905-€5,146
Line2025
Assets
Total assets20/58€204,534
Formation expenses20€1,366
Fixed assets21/28€120,000
Intangible fixed assets21€41,721
Tangible fixed assets22/27€78,279
Plant, machinery and equipment23€47,590
Furniture and vehicles24€30,689
Current assets29/58€83,168
Stocks and contracts in progress3€19,284
Stocks30/36€19,284
Amounts receivable within one year40/41€3,992
Trade receivables40€3,992
Cash at bank and in hand54/58€53,420
Deferred charges and accrued income490/1€6,472
Equity and liabilities
Total equity and liabilities10/49€204,534
Equity10/15€69,854
Contributions10/11€75,000
Profit (loss) carried forward14-€5,146
Amounts payable17/49€134,680
Amounts payable within one year42/48€132,898
Trade debts44€13,510
Suppliers440/4€13,510
Taxes, remuneration and social security45€36,889
Taxes450/3€10,040
Remuneration and social security454/9€26,848
Other amounts payable47/48€82,500
Accrued charges and deferred income492/3€1,782
Line2025
Profit (loss) for the period9904-€5,146
+ Depreciation and write-downs630€23,850
Operating cash flow (approximation)€18,704

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
24-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not 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 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Kruisem · 1 establishment unit since 2024
seat establishment approximate The establishment unit on the map
Ground area
3.2 ha
Building footprint
257 m²
Volume, LiDAR
545 m³
2 parcels, Flanders · tallest building 14.5 m. Linked by address, not a title deed.
1 establishment unit
BOUF
Kouter 121, 9800 DeinzeLimited-service restaurants
since 20242.365.246.119
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44011A0320/00C000 Flanders 3.1 ha - -
45017B0792/00H010 Flanders 1,143 m² 1 · 257 m² 14.4 m
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Deinze2.365.246.119
1 permission
Toelating · Frituur · since 04-02-2025

Similar companies · same sector, comparable size

Of 21,835 companies in this sector we hold annual accounts for 9,786. 8,169 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded11-09-2024
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
56210Event catering
E-invoicing
Reachable via Peppol
Peppol ID 0208:1013457384
Registered 27-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.