THE FOODWAY
ActiveTHE FOODWAY has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €192k and a net result of €21k. Equity is growing by ~19.1% per year across the filed fiscal years. Its solvency ranks better than 63% of 18040 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-15
Solvency74▼-16
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 2.1 against 2.81 in 2024; short-term debt: 33.3% and cash: 49.8% of total assets), but 50.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
49.2%
Return on assets
5.4%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
3 d early
2023
7 d early
2022
4 d early
2021
5 d early
2020
4 d late
2019
24 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close17-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€192k▲ 4.2%
2024 · €185k
2019: €74k
2020: €80k
2021: €96k
2022: €120k
2023: €142k
2024: €185k
2019 → 2025
Total assets
€391k▲ 38.2%
2024 · €283k
2019: €163k
2020: €222k
2021: €184k
2022: €172k
2023: €182k
2024: €283k
2019 → 2025
Net result
€21k▼ 57.3%
2024 · €49k
2019: €17k
2020: €6k
2021: €16k
2022: €24k
2023: €21k
2024: €49k
2019 → 2025
Working capital
€143k▼ 16.8%
2024 · €172k
2019: €18k
2020: €96k
2021: €51k
2022: €83k
2023: €116k
2024: €172k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€96k-€120k▲ 24.7%€142k▲ 17.8%€185k▲ 30.4%€192k▲ 4.2%
Operating result€20k-€38k▲ 93.4%€35k▼ 9.1%€72k▲ 109%€36k▼ 50.6%
Net result€16k-€24k▲ 47.6%€21k▼ 9.9%€49k▲ 131%€21k▼ 57.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 51% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €391k
Fixed assets
€117k▲ 672%
Current assets
€273k▲ 2.2%
Equity and liabilities €391k
Equity
€192k▲ 4.2%
Debt
€199k▲ 102%
The debt ratio rises from 34.8% to 50.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€49k▼
2024 · €75k
Cash flow
€35k▼
2024 · €53k
Solvency
49.2%▼
2024 · 65.2%
Current ratio
2.10▼
2024 · 2.81
Quick ratio
1.56▼
2024 · 1.83
Debt / equity
1.03▲
2024 · 0.53
ROE
11.0%▼
2024 · 26.8%
ROA
5.4%▼
2024 · 17.5%
Interest coverage
16.04▼
2024 · 177.11
Debt
€199k▲
2024 · €98k
Debt ≤ 1 year
€130k▲
2024 · €95k
Debt > 1 year
€69k
Income taxes
€11k▼
2024 · €22k
Staff costs
€51k▲
2024 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€283k€391k▲
Fixed assets21/28€15k€117k▲
Intangible fixed assets21€6k€3k▼
Tangible fixed assets22/27€668€106k▲
Furniture and vehicles24€668€106k▲
Financial fixed assets28€9k€9k=
Current assets29/58€268k€273k▲
Stocks and contracts in progress3€93k€71k▼
Stocks30/36€93k€71k▼
Amounts receivable within one year40/41€5k€5k▲
Other amounts receivable41€5k€5k▲
Cash at bank and in hand54/58€167k€195k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€283k€391k▲
Equity10/15€185k€192k▲
Contributions10/11€19k€19k=
Reserves13€132k€140k▲
Distributable reserves133€132k€140k▲
Profit (loss) carried forward14€34k€34k=
Amounts payable17/49€98k€199k▲
Amounts payable after more than one year17-€69k
Financial debts170/4-€69k
Amounts payable within one year42/48€95k€130k▲
Current portion of amounts payable after more than one year42-€19k
Trade debts44€45k€57k▲
Suppliers440/4€45k€57k▲
Taxes, remuneration and social security45€37k€39k▲
Taxes450/3€10k€13k▲
Remuneration and social security454/9€27k€26k▼
Other amounts payable47/48€14k€16k▲
Accrued charges and deferred income492/3€3k-
Income statement
Code20242025
Non-recurring operating income76A€9k-
Remuneration, social security and pensions62€17k€51k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€14k▲
Other operating charges640/8€4k€5k▲
Gross operating margin9900€96k€105k▲
Operating profit (loss)9901€72k€36k▼
Financial income75/76B€78-
Recurring financial income75€78-
Financial charges65/66B€426€3k▲
Recurring financial charges65€426€3k▲
Profit (loss) for the period before taxes9903€72k€33k▼
Income taxes67/77€22k€11k▼
Profit (loss) for the period9904€49k€21k▼
Profit (loss) for the period to be appropriated9905€49k€21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€84k€55k▼
Profit (loss) brought forward from the previous period14P€34k€34k=
Transfer from equity791/2€6k€13k▲
Transfer to equity691/2€49k€21k▼
To other reserves6921€49k€21k▼
Profit to be distributed694/7€6k€13k▲
Return on contributions (dividend)694€6k€13k▲
The notes to these accounts (10 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
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Highest result since 2019net €49k ▲131%
Operating result €72k, net result €49k, both a record.
31-03
Financial
Equity above €150kEq €185k ▲30.4%
6 profitable years in a row build equity to €185k.
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Equity above €100kEq €120k ▲24.7%
4 profitable years in a row build equity to €120k.
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
04-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
31-03
Financial
Weakest financial yearnet €6k ▼66.5%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
31-03
Financial
Liquidity doublescurrent ratio 2.53
Current ratio from 1.26 to 2.53; short-term debt falls from €69k to €63k.
2019
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
05-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
12-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Maaseik · 2 establishment units since 2010
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.
Acht Meilaan 13680 MaaseikGround area
305 m²
Building footprint
299 m²
Volume, LiDAR
2,231 m³
2 parcels, Flanders · tallest building 12.9 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
The Foodway
since 20102.194.288.171
The Foodway
since 20132.219.588.246
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72021E0168/00F000 | Flanders | 159 m² | 1 · 159 m² | 12.8 m · 2 fl. |
| 72021A1339/00F000 | Flanders | 146 m² | 1 · 139 m² | 11.9 m · 3 fl. |
Linked by address, not proof of ownership
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.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesMaaseik2.194.288.171
Maaseik2.219.588.246
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LOUIS BESSELING DISTRIBUTION
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CINDY CHEVALIER
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Of 10,530 companies in sector 47110 we hold annual accounts for 5,858. 4,267 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-11-2009
Fiscal year end31-03
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.