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ND FOOD

Active
Public limited companyfounded 2015active for 11 yearsSans Soucistraat 151, 1050 Elsene, Belgium17 active companies are registered at this addressKBO/BCE: BE 0639.806.357
Summary

The computed 12-month bankruptcy probability of ND FOOD is 5.2% (elevated). The 2025 annual accounts show negative equity (-€67,882) and a net result of €16,296. Equity is shrinking by about 37% per year across the filed financial years. Its solvency ranks better than 10% of 943 sector peers (NACE 56, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
ND FOODActiveChecked score 36/100
Risk analysis ReportCompare

Overview

Activity
Limited-service restaurants, excluding mobile food services
NACE 56112Cafés and bars NACE 56301
1 site
Size
€83,043total assets 2025
Staff
3.6 FTE
Equity
-€67,882
Profit
€16,296
Financial health
36 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
5.2%
Structure
Largest shareholder
CATHY FOOD · 20%
2025 accounts filed 76 days late1 of 5 deeds summarised
Why 36raises riskLast filed accounts filed 76 days late; 2 of the last 3 lateSector: Food and beverage service activities (NACE 56)Negative equity -€67,882Size: 3.6 FTE, total assets €83,043Show the evidence

Checked score

Score 2025
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 30% of its sector peers (NACE 56, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -81.7% of total assets
Liquidity 5=
short-term debt 181.7% · cash 4.2%
Profitability 57+57
return on assets 19.6%
Bankruptcy probability, 12 months
5.2% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,763 companies, NACE 56, micro)
Last 24 months 11-2024: 5.8% 12-2024: 5.8%● unchanged vs 11-2024 01-2025: 5.8%● unchanged vs 12-2024 02-2025: 5.7%▼ -0.1 percentage points vs 01-2025 03-2025: 5.6%▼ -0.1 percentage points vs 02-2025 04-2025: 5.6%● unchanged vs 03-2025 05-2025: 5.4%▼ -0.2 percentage points vs 04-2025 06-2025: 5.3%▼ -0.1 percentage points vs 05-2025 07-2025: 5.7%▲ +0.4 percentage points vs 06-2025 08-2025: 5.7%● unchanged vs 07-2025 09-2025: 5.7%● unchanged vs 08-2025 10-2025: 8.6%▲ +2.9 percentage points vs 09-2025 11-2025: 8.7%▲ +0.1 percentage points vs 10-2025 12-2025: 8.7%● unchanged vs 11-2025 01-2026: 8.8%▲ +0.1 percentage points vs 12-2025highest value 02-2026: 8.8%● unchanged vs 01-2026highest value 03-2026: 8.5%▼ -0.3 percentage points vs 02-2026 04-2026: 8.3%▼ -0.2 percentage points vs 03-2026 05-2026: 8.2%▼ -0.1 percentage points vs 04-2026 06-2026: 8.0%▼ -0.2 percentage points vs 05-2026 07-2026: 8.3%▲ +0.3 percentage points vs 06-2026 08-2026: 8.4%▲ +0.1 percentage points vs 07-2026 09-2026: 8.4%● unchanged vs 08-2026 10-2026: 5.2%▼ -3.2 percentage points vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.52, compared with 0.4 in 2024, below 1; short-term debt: 181.7% and cash: 4.2% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 56, micro): better than 9% on solvency, 6% on liquidity, 39% on profitability and 65% on growth.

The bankruptcy probability was computed on 25-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
raises risk
raises risk · Last filed accounts filed 76 days late; 2 of the last 3 late
NBB · filings
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Negative equity -€67,882
NBB · annual accounts
raises risk · Size: 3.6 FTE, total assets €83,043
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 943 sector peers (2025).
NBB · sector comparison
Position among 943 sector peers
Solvency
better than 10%
← weakest strongest →
raises risk · 2025 accounts filed 76 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-10-2026, 76 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 · 10 filings
Deviation from the deadline
2025
76 days late
2024
61 days late
2023
27 days late
2022
3 days late
2021
31 days early
2020
54 days late
2019
45 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 21 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (4 of the last 5 filed years within 48 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Back to profitnet €16,296
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€67,882 View
  • Caution: Among the weakest 11% on solvencysector median 29.9% · 943 companies -81.7% View
  • Caution: Latest accounts filed lateafter the legal deadline 76 days View

By topic

Financials

Financial year
2025
Total assets
€83,043
Profit
€16,296
Solvency
-81.7%
Total assets▲ 8.0%
Net result
20182025
Go to Financials

Board & ownership

Board
1 member
Largest shareholder
CATHY FOOD · 20%
  • Jerome PauletManaging director
Go to Board & ownership

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 27-08-2024Annual accounts filed
  2. 19-10-2023Appointment: Jerome Paulet (managing director and chair…
  3. 03-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
01-10-2015
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about ND FOOD

What is the company number of ND FOOD?
0639.806.357. In Belgium the VAT number is the company number with BE in front: BE 0639.806.357.
Where is ND FOOD based?
The registered office is at Sans Soucistraat 151, 1050 Elsene.Company details
What does ND FOOD do?
According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of ND FOOD?
Public limited company (NV).
When was ND FOOD founded?
On 01-10-2015.
Is ND FOOD still active?
Yes, ND FOOD is an active enterprise in the KBO register.
How many employees does ND FOOD have?
On average 3.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ND FOOD?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is ND FOOD profitable?
In financial year 2025, ND FOOD made a profit of €16,296.
Where can I find the annual accounts of ND FOOD?
ND FOOD filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ND FOOD due?
By 31-07-2027, for financial year 2026.Timeline

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