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THE FOOD LAB

Active
Private limited companyfounded 2021active for 5 yearsParnassusstraat 1, 1050 Elsene, BelgiumKBO/BCE: BE 0769.922.058
Summary

The computed 12-month bankruptcy probability of THE FOOD LAB is 5.1% (elevated). The 2025 annual accounts show negative equity (-€124) and a net result of €46,460. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 26% of 16,996 sector peers (NACE 56, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 21-06-2021 Normal situation
Activity
Limited-service restaurants, excluding mobile food services NACE 56112and 1 other
Establishment unit
2.319.681.655 1050 Elsene, since 21-06-2021
Financial year end
31 December
Peppol
Reachable since 14-04-2026

Board and ownership

Shareholders

Financial position

39 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
5.1%
Annual accounts 2025
Gross margin
€218,946
▲ 46.1%
Turnover
≈ €680,000
estimated
Profit
€46,460
▲ 750%
Equity
-€124
▲ 99.7%
Total assets
€98,968
▼ 12.7%
Employees on 31-12-2025
11
▲ 175%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 31 days after the deadline
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Founded in 2021Last filed accounts filed 31 days late; 3 of the last 3 accounts lateNegative equity -€124Show the evidence

Checked score

Score 2025
39 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 56% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Average
Solvency 25+25
equity -0.1% of total assets
Liquidity 20+14
short-term debt 82.5% · cash 12.1%
Profitability 100+58
return on assets 46.9%
Bankruptcy probability within 12 months
5.1% 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% (23,778 companies, NACE 56, micro)
Last 24 months 12-2024: 23.9%highest value 01-2025: 15.7%▼ -8.2 percentage points vs 12-2024 02-2025: 15.5%▼ -0.2 percentage points vs 01-2025 03-2025: 15.3%▼ -0.2 percentage points vs 02-2025 04-2025: 16.7%▲ +1.4 percentage points vs 03-2025 05-2025: 17.3%▲ +0.6 percentage points vs 04-2025 06-2025: 17.1%▼ -0.2 percentage points vs 05-2025 07-2025: 16.7%▼ -0.4 percentage points vs 06-2025 08-2025: 16.5%▼ -0.2 percentage points vs 07-2025 09-2025: 16.5%● unchanged vs 08-2025 10-2025: 18.2%▲ +1.7 percentage points vs 09-2025 11-2025: 8.4%▼ -9.8 percentage points vs 10-2025 12-2025: 8.4%● unchanged vs 11-2025 01-2026: 8.4%● unchanged vs 12-2025 02-2026: 8.3%▼ -0.1 percentage points vs 01-2026 03-2026: 8.2%▼ -0.1 percentage points vs 02-2026 04-2026: 8.7%▲ +0.5 percentage points vs 03-2026 05-2026: 9.6%▲ +0.9 percentage points vs 04-2026 06-2026: 9.8%▲ +0.2 percentage points vs 05-2026 07-2026: 6.6%▼ -3.2 percentage points vs 06-2026 08-2026: 7.1%▲ +0.5 percentage points vs 07-2026 09-2026: 5.2%▼ -1.9 percentage points vs 08-2026 10-2026: 5.1%▼ -0.1 percentage points vs 09-2026lowest value 11-2026: 5.1%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.95 (0.73 in 2024), below 1. Short-term debt is 82.5% and cash 12.1% of total assets. Equity is negative.
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, micro). It does better than 26% of them on solvency, 17% on liquidity, 93% on profitability and 89% 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.
raises risk
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Founded in 2021
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 · Last filed accounts filed 31 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Negative equity -€124
NBB · annual accounts
raises risk · 2025 accounts filed 31 days late
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. 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 · 5 filings
Deviation from the deadline
2025
31 days late
2024
61 days late
2023
122 days late
2022
144 days late
2021
60 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 84 days 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 30 September (4 of the last 5 accounts filed within 62 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

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€124 View
  • Positive: Higher net result than 87% of companies in food and beverage servicesector median €4,886 · 16,974 companies €46,460 View

Recent changes

  1. · Gazette deed Registered office moved from Auderghem to Ixelles
  2. · Gazette deed Registered office moved from Bruxelles to Auderghem
  3. · Gazette deed Incorporation
All 11 events

Comparable companies

These companies have the same main activity as THE FOOD LAB: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €98,400 and €116,000, founded between 2021 and 2022.

CompanyTotal assetsGross margin
THE FOOD LAB Elsene€98,968€218,946
DAMN KITCHEN Brussel€114,370€187,886
ALABDAN Evere€109,078€197,043
AGREABLE@SYPA Brussel€113,982€199,831
Coco Mechelen€98,405€208,565
CRTG Liège€99,333€185,257
AUM Scherpenheuvel-Zichem€115,663€218,167
Full comparison

Key facts about THE FOOD LAB

What is the company number of THE FOOD LAB?
The company number of THE FOOD LAB is 0769.922.058. The VAT number is the same number with BE in front: BE 0769.922.058.
Where is THE FOOD LAB based?
The registered office is at Parnassusstraat 1, 1050 Elsene.Company details
What does THE FOOD LAB 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 THE FOOD LAB?
The legal form of THE FOOD LAB is Private limited company (BV).
When was THE FOOD LAB founded?
THE FOOD LAB was founded on 21-06-2021.
Is THE FOOD LAB still active?
Yes, THE FOOD LAB is an active enterprise in the KBO register.
How many employees does THE FOOD LAB have?
THE FOOD LAB had an average of 4.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of THE FOOD LAB?
The turnover in financial year 2025 is ≈ €680,000. This figure is estimated from the gross margin of €218,946 and 83 comparable companies (NACE 56112). It probably lies between €500,000 and €830,000.
Is THE FOOD LAB profitable?
In financial year 2025, THE FOOD LAB made a profit of €46,460.
Where can I find the annual accounts of THE FOOD LAB?
THE FOOD LAB filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of THE FOOD LAB due?
THE FOOD LAB must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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