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Phil Food

Active
Private limited companyfounded 2019active for 7 yearsAutosnelweg E 40 ZN, 9230 Wetteren, BelgiumKBO/BCE: BE 0727.888.295
Summary

The computed 12-month bankruptcy probability of Phil Food is 1.9% (moderate). The 2025 annual accounts show equity of €47,804 and a net result of -€852. Equity has been growing by about 21% per year since 2020. Its solvency ranks better than 30% of 4,785 sector peers (NACE 56, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 07-06-2019 Normal situation
Activity
Full-service restaurants NACE 56111and 3 others
Joint committee
302 Paritair Comité voor het hotelbedrijf · annual accounts 2025
Establishment units
2.290.117.342 9230 Wetteren, since 07-06-2019
2.290.117.540 9230 Wetteren, since 07-06-2019and 2 others
Financial year end
31 December
Peppol
Reachable since 02-03-2026

Board and ownership

Board
  • Marta International BVDirector · since 07-06-2019
Shareholders

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.9%
Annual accounts 2025
Gross margin
€827,960
▼ 16.4%
Turnover
≈ €1.9m
estimated
Loss
€852
Equity
€47,804
▼ 1.8%
Total assets
€434,997
▲ 17.6%
Employees on 31-12-2025
19
▲ 5.6%
  • 2025 accounts filed 27 days after the deadline
Filed on 27-08-2026
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Equity €47,804 (11.0% of total assets)Founded in 2019lowers riskLiquidity: current ratio 1.09, cash €215,952Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 33% of small companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Weak
Solvency 36-2
equity 11.0% of total assets
Liquidity 51-1
short-term debt 89.0% · cash 49.6%
Profitability 19-54
return on assets -0.2%
Bankruptcy probability within 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (1,616 companies, NACE 56, small)
Last 24 months 12-2024: 2.3% 01-2025: 2.3%● unchanged vs 12-2024 02-2025: 2.2%▼ -0.1 percentage points vs 01-2025 03-2025: 2.2%● unchanged vs 02-2025 04-2025: 2.2%● unchanged vs 03-2025 05-2025: 2.3%▲ +0.1 percentage points vs 04-2025 06-2025: 2.2%▼ -0.1 percentage points vs 05-2025 07-2025: 2.3%▲ +0.1 percentage points vs 06-2025 08-2025: 3.0%▲ +0.7 percentage points vs 07-2025 09-2025: 2.6%▼ -0.4 percentage points vs 08-2025 10-2025: 2.5%▼ -0.1 percentage points vs 09-2025 11-2025: 2.5%● unchanged vs 10-2025 12-2025: 2.5%● unchanged vs 11-2025 01-2026: 2.5%● unchanged vs 12-2025 02-2026: 2.5%● unchanged vs 01-2026 03-2026: 2.5%● unchanged vs 02-2026 04-2026: 2.5%● unchanged vs 03-2026 05-2026: 2.6%▲ +0.1 percentage points vs 04-2026 06-2026: 2.5%▼ -0.1 percentage points vs 05-2026 07-2026: 2.5%● unchanged vs 06-2026 08-2026: 3.4%▲ +0.9 percentage points vs 07-2026highest value 09-2026: 1.9%▼ -1.5 percentage points vs 08-2026lowest value 10-2026: 1.9%● unchanged vs 09-2026 11-2026: 1.9%● unchanged vs 10-2026
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.09 (1.15 in 2024), below the usual 1.5. Short-term debt is 89% and cash 49.6% of total assets. 89% of the assets are financed with debt and provisions.
Calculation

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 56, small). It does better than 27% of them on solvency, 54% on liquidity, 14% on profitability and 36% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 1.09, cash €215,952
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Equity €47,804 (11.0% of total assets)
NBB · annual accounts
raises risk · Founded in 2019
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 6 filings
Deviation from the deadline
2025
27 days late
2024
on the day
2023
19 days early
2022
31 days late
2021
12 days early
2020
23 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 1 day after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 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 31 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Higher gross margin than 85% of companies in food and beverage servicesector median €231,666 · 4,764 companies €827,960 View

Recent changes

  1. · Gazette deed Incorporation
All 9 events

Comparable companies

These companies have the same main activity as Phil Food: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €371,000 and €514,000, founded between 2016 and 2021.

CompanyTotal assetsGross margin
Phil Food Wetteren€434,997€827,960
LIKITINA Brugge€426,022€733,342
Cedo Nulli Aalst€476,601€816,254
LACREMI Blégny€370,604€675,858
CASHBO Westerlo€447,858€950,556
VENITIEN Blankenberge€513,863€803,506
SV L'ETANG Waremme€507,399€905,396
Full comparison

Key facts about Phil Food

What is the company number of Phil Food?
The company number of Phil Food is 0727.888.295. The VAT number is the same number with BE in front: BE 0727.888.295.
Where is Phil Food based?
The registered office is at Autosnelweg E 40 ZN, 9230 Wetteren.Company details
What does Phil Food do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of Phil Food?
The legal form of Phil Food is Private limited company (BV).
When was Phil Food founded?
Phil Food was founded on 07-06-2019.
Is Phil Food still active?
Yes, Phil Food is an active enterprise in the KBO register.
How many employees does Phil Food have?
Phil Food had an average of 16 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Phil Food fall under?
In its 2025 annual accounts, Phil Food states joint committee 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of Phil Food?
The turnover in financial year 2025 is ≈ €1.9m. This figure is estimated from the gross margin of €827,960 and 44 comparable companies (NACE 56111). It probably lies between €1.8m and €2.7m.
Is Phil Food profitable?
In financial year 2025, Phil Food made a loss of €852.
Where can I find the annual accounts of Phil Food?
Phil Food filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Phil Food due?
Phil Food must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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