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Generated 26-08-2026
Active BE 0748.628.479Private limited companyOpen bankruptcy

N.W. FOODS

· 6 yrs active
Sector: Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden (56112)
Conclusion Checked

A bankruptcy procedure is open for N.W. FOODS according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €15k and a net result of €-4k.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €15k
Net result €-4k
Staff (FTE) 1.7
Better than sector 64%
Financial profile 5 of 5 axes measured · computed by Checked
Health1Profitability0Solvency75Growth52Stability0
26 / 100

Fragile profile, watch profitability in particular.

All 5 axes are computed from data Checked has read.

Health 1
Profitability 0
Solvency 75
Growth 52
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
53 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
· 1 administrative flag (+3)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags1 events
Address struck
Health barometer FY 2023 · computed
1 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview3 NBB filings
Annual accounts filed on 30-08-2024 with the NBB · fiscal year 2023 · micro
€-5k€0€5k€10kOperating result 2021: €11k€11kNet result 2021: €9k€9kOperating result 2023: €-3k€-3kNet result 2023: €-4k€-4k20212023
Operating resultNet result
Sector comparison
Fiscal year 2023 · NACE 56, Food & beverage service · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 32.1% 16.6%
better than 64% of 4886 sector peers
Net result €-4k €2k
better than 34% of 4876 sector peers
Equity €15k €11k
better than 55% of 4901 sector peers
Gross operating margin €36k €41k
better than 47% of 4859 sector peers
Staff costs €24k €47k
higher than 34% of 3470 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€5k
-71.9% 21-23
Net profit
€-4k
- 21-23
Cash flow
€4k
-72.9% 21-23
Total assets
€47k
+13.1% 21-23
Equity
€15k
+22.7% 21-23
Working capital
€20k
+79.4% 21-23
Employees (FTE)
2
+70.0% 21-23
Staff costs
€24k
+189.7% 21-23
Show 11 other metrics
Income taxes
€755
-54.2% 21-23
Debt
€28k
-3.1% 21-23
Debt ≤ 1y
€16k
+81.4% 21-23
Debt > 1y
€12k
-38.8% 21-23
Current ratio
2.30
-0.6% 21-23
Quick ratio
2.27
+1.9% 21-23
Solvency
32.1%
+8.6% 21-23
Debt / equity
1.88
-21.0% 21-23
ROE
-24.5%
- 21-23
ROA
-7.9%
- 21-23
Interest coverage
1.81
-84.7% 21-23
Figures by fiscal year
Fiscal year2023
Depositmicro
Revenue-
EBITDA€5k
Net profit€-4k
Cash flow€4k
Staff costs€24k
Income taxes€755
Dividends-
Total assets€47k
Equity€15k
Debt€28k
of which ≤ 1y€16k
of which > 1y€12k
Working capital€20k
Employees (FTE)1.7
Ratios (computed)
2023
Current ratio2.30
Quick ratio2.27
Working capital ratio43.7%
Solvency32.1%
Debt / equity1.88
Long-term debt ratio0.83
Interest coverage1.81
Gross margin-
Net margin-
ROA-7.9%
ROE-24.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€47k
Fixed assets 21/28€11k
Tangible fixed assets 22/27€10k
Financial fixed assets 28€170
Current assets 29/58€36k
Stocks & contracts in progress 3€489
Amounts receivable within one year 40/41€13k
Cash & bank 54/58€22k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€47k
Equity 10/15€15k
Contributions / capital 10/11€3k
Reserves 13€12k
Provisions & deferred taxes 16€4k
Amounts payable 17/49€28k
Amounts payable after one year 17€12k
Amounts payable within one year 42/48€16k
Trade debts payable within one year 44€3k
Income statement
Gross operating margin 9900€36k
Operating result 9901€-3k
Financial income 75€3k
Financial charges 65€3k
Result before taxes 9903€-3k
Income taxes 67/77€755
Net result for the period 9904€-4k
Result to be appropriated 9905€-4k
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates1 person
Role Name Tenure Source
Curator ALEXANDRE BASTENIER
LEON STYNENSTRAAT 63, 2000 ANTWERPEN 1
 16-10-2025 → present Belgian State Gazette
Legal Structure
NACE primary Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden(56112)
Legal form Private limited company(610)
Incorporation16-06-2020
StatusActive
Postal code-
First insolvency signal 22-10-2025
Latest insolvency signal 22-10-2025
Establishment units 1 location
Frituur De Max
Kapelsesteenweg 306, 2930 BrasschaatCafé-restaurants (tavernen)
since 20202.304.689.019
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11052C0585/00T002 Flanders 1.0 ha 1 · 2,288 m² 14.7 m · 4 fl.
11323F0074/00V002 Flanders 239 m² 1 · 98 m² 9.0 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 7 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
03-11-2025
KBO administration Address struck
22-10-2025
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · N.W. FOODS BV NIJVERHEIDS- STRAAT 70, 2160 WOMMELGEM · event 16-10-2025
2024
30-08-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
31-08-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
10-07-2023
State Gazette act Registered-office change
2022
13-07-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
Lifecycle & Insolvency Signals2 events
03-11-2025
KBO administration Address struck
 · Publications in State Gazette ↗
Full insolvency chronology

The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.

We hold 1 further earlier event in this file, covering 16-10-2025 to 03-11-2025.

Available in Kantoor S. See plans →
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-10-22 · Bankruptcy · Opening2025-11-03 · KBO administration · Address struck
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage 0 of 2 acts read

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts
Address history · 1
10-07-2023
Registered-office move
All acts · 1 updated 3 years ago
2023
10-07-2023 Registered office moved from Brasschaat to Wommelgem Registered-office change
  • Luisterborg 16, 2930 Brasschaat → Nijverheidsstraat 70, 2160 Wommelgem
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Nijverheidsstraat 70, 2160 Wommelgem",
        "city": "Wommelgem",
        "region": "vlaams_gewest",
        "street": "Nijverheidsstraat",
        "country": "BE",
        "postcode": "2160",
        "box_number": null,
        "street_number": "70",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Luisterborg 16, 2930 Brasschaat",
        "city": "Brasschaat",
        "region": "vlaams_gewest",
        "street": "Luisterborg",
        "country": "BE",
        "postcode": "2930",
        "box_number": null,
        "street_number": "16",
        "locality_suffix": null
      },
      "effective_date": "2023-05-01",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "absolute",
      "statutaire_vs_werkelijke": null,
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2023-07-10",
    "filing_date": "2023-06-27",
    "act_kind_objet": "Zetel (zetelverplaatsing)"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "date": "2023-06-12",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0748.628.479",
    "name_full": "N.W. FOODS",
    "legal_form": "BV",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Nico Willems",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": []
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112
Primary activity highlighted.
Names & trade names
Legal nameNL N.W. FOODS
Registration history
  1. 03-11-2025 Address struck
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative