Puglia Food
ActiveSummary
The computed 12-month bankruptcy probability of Puglia Food is 1.6% (moderate). The 2025 annual accounts show equity of €94k and a net result of €825. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 38% of 13305 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability45▲+5
Solvency41▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity short (current ratio 0.95 against 1.0 in 2024; short-term debt: 10.8% and cash: 1.9% of total assets), and 83.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+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
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
16.1%
Return on assets
0.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
31 d late
2024
61 d late
2023
35 d early
2022
31 d late
2021
11 d late
2020
44 d early
2019
39 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€94k▲ 0.9%
2024 · €93k
2018: €2k
2019: €30k
2020: €64k
2021: €100k
2022: €82k
2023: €99k
2024: €93k
2018 → 2025
Total assets
€586k▼ 5.6%
2024 · €620k
2018: €107k
2019: €120k
2020: €160k
2021: €230k
2022: €683k
2023: €657k
2024: €620k
2018 → 2025
Net result
€825
2024 · €-6k
2018: €25k
2019: €27k
2020: €34k
2021: €36k
2022: €-18k
2023: €17k
2024: €-6k
2018 → 2025
Working capital
€-3k▼ 6,472%
2024 · €-50
2018: €-12k
2019: €18k
2020: €40k
2021: €33k
2022: €-22k
2023: €436
2024: €-50
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€100k-€82k▼ 17.9%€99k▲ 20.1%€93k▼ 5.7%€94k▲ 0.9%
Operating result€44k-€-579€40k€12k▼ 69.2%€20k▲ 58.1%
Net result€36k-€-18k€17k€-6k€825
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 58% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €586k
Fixed assets
€526k ▼ 5.1%
Current assets
€60k ▼ 9.2%
Equity and liabilities €586k
Equity
€94k ▲ 0.9%
Debt
€492k ▼ 6.7%
Debt's share of the balance-sheet total falls from 85.0% to 83.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€55k▲
2024 · €49k
Cash flow
€37k▲
2024 · €31k
Current ratio
0.95▼
2024 · 1.00
Quick ratio
0.80▼
2024 · 0.90
Debt to equity
5.23▼
2024 · 5.65
ROE
0.9%▲
2024 · -6.0%
ROA
0.1%▲
2024 · -0.9%
Interest coverage
3.18▲
2024 · 2.71
Debt ≤ 1 year
€63k▼
2024 · €66k
Debt > 1 year
€428k▼
2024 · €459k
Income taxes
€2k▲
2024 · €0
Staff costs
€43k▼
2024 · €48k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€620k€586k▼
Fixed assets21/28€554k€526k▼
Tangible fixed assets22/27€553k€525k▼
Land and buildings22€477k€461k▼
Plant, machinery and equipment23€56k€47k▼
Furniture and vehicles24€3k€3k▲
Other tangible fixed assets26€17k€14k▼
Financial fixed assets28€1k€1k=
Current assets29/58€66k€60k▼
Stocks and contracts in progress3€7k€10k▲
Stocks30/36€7k€10k▲
Amounts receivable within one year40/41€21k€39k▲
Trade receivables40€4k€16k▲
Other amounts receivable41€17k€23k▲
Cash at bank and in hand54/58€39k€11k▼
Deferred charges and accrued income490/1€238€206▼
Equity and liabilities
Total equity and liabilities10/49€620k€586k▼
Equity10/15€93k€94k▲
Contributions10/11€6k€6k=
Reserves13€87k€87k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€86k€86k=
Profit (loss) carried forward14-€825
Amounts payable17/49€527k€492k▼
Amounts payable after more than one year17€459k€428k▼
Financial debts170/4€459k€428k▼
Amounts payable within one year42/48€66k€63k▼
Current portion of amounts payable after more than one year42€30k€34k▲
Financial debts43€3k€0▼
Credit institutions430/8€3k€0▼
Trade debts44€16k€18k▲
Suppliers440/4€16k€18k▲
Advances received on contracts in progress46€3k€3k▼
Taxes, remuneration and social security45€10k€8k▼
Taxes450/3€5k€2k▼
Remuneration and social security454/9€5k€5k▲
Other amounts payable47/48€4k€0▼
Accrued charges and deferred income492/3€1k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€48k€43k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€36k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€99k€102k▲
Operating profit (loss)9901€12k€20k▲
Financial income75/76B€0€1k▲
Recurring financial income75€0€1k▲
Financial charges65/66B€18k€17k▼
Recurring financial charges65€18k€17k▼
Profit (loss) for the period before taxes9903€-6k€3k▲
Income taxes67/77€0€2k▲
Profit (loss) for the period9904€-6k€825▲
Profit (loss) for the period to be appropriated9905€-6k€825▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€825▲
Transfer from equity791/2€6k€0▼
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €825
Net result €825 after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-18k ▼149%
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
31-12
Financial
Highest result since 2018net €36k ▲6.3%
Net result €36k, the highest in the series.
31-12
Financial
Equity above €100kEq €100k ▲56.9%
4 profitable years in a row build equity to €100k.
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Nationalestraat 1082000 AntwerpenGround area
112 m²
Building footprint
112 m²
Volume, LiDAR
1,516 m³
Parcel 11804D2925/00L000, Flanders · tallest building 20.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Puglia Food
since 20172.260.837.002
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11804D2925/00L000 | Flanders | 112 m² | 1 · 112 m² | 20.3 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 siteAntwerpen2.260.837.002
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Of 7,504 companies in sector 56210 we hold annual accounts for 2,444. 2,007 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded19-12-2016
Fiscal year end31-12
Activities, NACEBEL 2025
56210Event catering
47110Non-specialised retail sale with food, beverages or tobacco predominating
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.