Van Huffel
ActiveSummary
Van Huffel has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€8,995) and a net result of €30,534. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 16% of 1577 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+10
Solvency13▲+13
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.48 against 0.44 in 2024; short-term debt: 111.3% and cash: 14.2% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
+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 10
Relative position
BE, all sectors
reference
Manufacture of food products (NACE 10)
about 60% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-11.8%
Return on assets
40.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 1577 sector peers (2025).
NBB · sector comparisonPosition among 1577 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
48 d early
2023
8 d early
2022
49 d early
2021
25 d late
2020
31 d late
2019
24 d late
← 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 4 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
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. Usually files around 24 July (4 of the last 5 filed years within 41 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€8,995▲ 77.2%
2024 · -€39,529
Total assets
€76,101▼ 19.3%
2024 · €94,285
Net result
€30,534▲ 92.3%
2024 · €15,881
Working capital
-€44,018▲ 39.7%
2024 · -€73,027
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€660▲ 93.7%-€30,966▼ 4,592%€45,702€18,409▼ 59.7%€33,305▲ 80.9%
Net result-€2,626within the sector's middle half▲ 80.5%-€33,282below the sector's middle half▼ 1,167%€42,085above the sector's middle half€15,881within the sector's middle half▼ 62.3%€30,534within the sector's middle half▲ 92.3%
Equity-€64,213below the sector's middle half▼ 4.3%-€97,495below the sector's middle half▼ 51.8%-€55,410below the sector's middle half▲ 43.2%-€39,529below the sector's middle half▲ 28.7%-€8,995below the sector's middle half▲ 77.2%
Total assets€130,127within the sector's middle half▲ 8.7%€100,175within the sector's middle half▼ 23.0%€81,973within the sector's middle half▼ 18.2%€94,285within the sector's middle half▲ 15.0%€76,101below the sector's middle half▼ 19.3%
Debt€194,341▲ 7.2%€197,670▲ 1.7%€137,383▼ 30.5%€133,814▼ 2.6%€85,096▼ 36.4%
Working capital-€99,321below the sector's middle half▼ 10.5%-€122,487below the sector's middle half▼ 23.3%-€69,125below the sector's middle half▲ 43.6%-€73,027below the sector's middle half▼ 5.6%-€44,018below the sector's middle half▲ 39.7%
Solvency-49.3%below the sector's middle half▲ 2.1pp-97.3%below the sector's middle half▼ 48.0pp-67.6%below the sector's middle half▲ 29.7pp-41.9%below the sector's middle half▲ 25.7pp-11.8%below the sector's middle half▲ 30.1pp
Current ratio0.32below the sector's middle half▲ 0.110.26below the sector's middle half▼ 0.060.42below the sector's middle half▲ 0.160.44below the sector's middle half▲ 0.020.48below the sector's middle half▲ 0.04
Return on assets (ROA)-2.0%within the sector's middle half▲ 9.2pp-33.2%below the sector's middle half▼ 31.2pp51.3%above the sector's middle half▲ 84.6pp16.8%above the sector's middle half▼ 34.5pp40.1%above the sector's middle half▲ 23.3pp
Staff (FTE)4.5▲ 21.6%5.9▲ 31.1%5.9=7.6▲ 28.8%7▼ 7.9%
above
within
below
the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings.
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 81% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €76,101
Fixed assets
€35,402 ▼ 1.9%
Current assets
€40,699 ▼ 30.1%
Key figures and ratios
EBITDA
€44,484▲
2024 · €28,751
Cash flow
€41,714▲
2024 · €26,224
Quick ratio
0.24▲
2024 · 0.23
Debt to equity
-9.46▼
2024 · -3.39
Interest coverage
16.05▲
2024 · 11.31
Debt ≤ 1 year
€84,718▼
2024 · €131,229
Debt > 1 year
€0▼
2024 · €2,585
Staff costs
€139,364▼
2024 · €143,062
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,640 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
2.7%
went bankrupt
4.9%
stopped otherwise
92%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,640 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €143,704 | €140,376 | €134,327 | €143,062 | €139,364 | ▼ 2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €26,015 | €28,040 | €26,199 | €10,342 | €11,180 | ▲ 8.1% |
| Other operating charges640/8 | €1,060 | €990 | €1,109 | €1,410 | €1,231 | ▼ 12.7% |
| Gross operating margin9900 | €170,119 | €138,440 | €207,336 | €173,223 | €185,079 | ▲ 6.8% |
| Operating profit (loss)9901 | -€660 | -€30,966 | €45,702 | €18,409 | €33,305 | ▲ 80.9% |
| Financial income75/76B | €1,066 | €202 | €164 | €15 | €0 | ▼ 100% |
| Recurring financial income75 | €1,066 | €202 | €164 | €15 | €0 | ▼ 100% |
| Financial charges65/66B | €3,032 | €2,517 | €3,781 | €2,543 | €2,771 | ▲ 9.0% |
| Recurring financial charges65 | €3,032 | €2,517 | €3,781 | €2,543 | €2,771 | ▲ 9.0% |
| Profit (loss) for the period before taxes9903 | -€2,626 | -€33,282 | €42,085 | €15,881 | €30,534 | ▲ 92.3% |
| Profit (loss) for the period9904 | -€2,626 | -€33,282 | €42,085 | €15,881 | €30,534 | ▲ 92.3% |
| Profit (loss) for the period to be appropriated9905 | -€2,626 | -€33,282 | €42,085 | €15,881 | €30,534 | ▲ 92.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €130,127 | €100,175 | €81,973 | €94,285 | €76,101 | ▼ 19.3% |
| Fixed assets21/28 | €83,481 | €57,790 | €31,591 | €36,083 | €35,402 | ▼ 1.9% |
| Intangible fixed assets21 | €2,032 | €1,840 | €1,648 | €1,456 | €1,038 | ▼ 28.7% |
| Tangible fixed assets22/27 | €76,315 | €50,816 | €24,809 | €29,494 | €29,230 | ▼ 0.9% |
| Land and buildings22 | €17,025 | €13,576 | €11,046 | €19,964 | €16,352 | ▼ 18.1% |
| Plant, machinery and equipment23 | €53,849 | €33,439 | €11,602 | €8,797 | €12,553 | ▲ 42.7% |
| Furniture and vehicles24 | €5,441 | €3,801 | €2,161 | €733 | €325 | ▼ 55.7% |
| Financial fixed assets28 | €5,134 | €5,134 | €5,134 | €5,134 | €5,134 | = |
| Current assets29/58 | €46,647 | €42,385 | €50,382 | €58,202 | €40,699 | ▼ 30.1% |
| Stocks and contracts in progress3 | €19,546 | €20,843 | €26,383 | €27,449 | €20,224 | ▼ 26.3% |
| Stocks30/36 | €19,546 | €20,843 | €26,383 | €27,449 | €20,224 | ▼ 26.3% |
| Amounts receivable within one year40/41 | €1,304 | €3,455 | €3,885 | €2,565 | €1,639 | ▼ 36.1% |
| Trade receivables40 | €144 | €295 | €3,848 | €2,559 | €1,592 | ▼ 37.8% |
| Other amounts receivable41 | €1,160 | €3,160 | €37 | €7 | €47 | ▲ 580% |
| Cash at bank and in hand54/58 | €12,131 | €14,172 | €16,174 | €21,179 | €10,842 | ▼ 48.8% |
| Deferred charges and accrued income490/1 | €13,665 | €3,916 | €3,940 | €7,009 | €7,994 | ▲ 14.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €130,127 | €100,175 | €81,973 | €94,285 | €76,101 | ▼ 19.3% |
| Equity10/15 | -€64,213 | -€97,495 | -€55,410 | -€39,529 | -€8,995 | ▲ 77.2% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€84,213 | -€117,495 | -€75,410 | -€59,529 | -€28,995 | ▲ 51.3% |
| Amounts payable17/49 | €194,341 | €197,670 | €137,383 | €133,814 | €85,096 | ▼ 36.4% |
| Amounts payable after more than one year17 | €48,193 | €32,797 | €17,876 | €2,585 | €0 | ▼ 100% |
| Financial debts170/4 | €48,193 | €32,797 | €17,876 | €2,585 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €145,968 | €164,873 | €119,508 | €131,229 | €84,718 | ▼ 35.4% |
| Current portion of amounts payable after more than one year42 | €19,156 | €15,395 | €14,922 | €15,290 | €2,585 | ▼ 83.1% |
| Financial debts43 | - | €25,000 | €18,000 | €18,000 | €20,000 | ▲ 11.1% |
| Credit institutions430/8 | - | €25,000 | €18,000 | €18,000 | €20,000 | ▲ 11.1% |
| Trade debts44 | €43,547 | €42,737 | €23,935 | €26,911 | €22,289 | ▼ 17.2% |
| Suppliers440/4 | €43,547 | €42,737 | €23,935 | €26,911 | €22,289 | ▼ 17.2% |
| Advances received on contracts in progress46 | €2,239 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €23,098 | €27,490 | €13,447 | €26,746 | €7,418 | ▼ 72.3% |
| Taxes450/3 | €28 | €1,621 | €1,419 | €1,397 | €2,450 | ▲ 75.4% |
| Remuneration and social security454/9 | €23,069 | €25,869 | €12,028 | €25,349 | €4,968 | ▼ 80.4% |
| Other amounts payable47/48 | €57,928 | €54,250 | €49,204 | €44,282 | €32,426 | ▼ 26.8% |
| Accrued charges and deferred income492/3 | €180 | - | - | - | €378 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,626 | -€33,282 | €42,085 | €15,881 | €30,534 | ▲ 92.3% |
| + Depreciation and write-downs630 | €26,015 | €28,040 | €26,199 | €10,342 | €11,180 | ▲ 8.1% |
| Operating cash flow (approximation) | €23,389 | -€5,242 | €68,284 | €26,224 | €41,714 | ▲ 59.1% |
| Investment in fixed assets (approximation) | - | -€2,349 | €0 | -€14,835 | -€10,499 | ▲ 29.2% |
| Change in cash | - | €2,041 | €2,002 | €5,005 | -€10,337 | ▼ 307% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €42,085
Net result €42,085 after 5 loss-making years.
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
31-12
Financial
Weakest financial yearnet -€36,748
Net result drops to -€36,748, the lowest in the series; recovery starts the following year.
24-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 55 days late
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Gavere · 2 establishment units since 2016
Ground area
671 m²
Building footprint
773 m²
Volume, LiDAR
5,100 m³
2 parcels, Flanders · tallest building 13.6 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Van Huffel
since 20162.250.303.196
Van Huffel
since 20182.278.125.667
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44003A1137/00X000 | Flanders | 498 m² | 1 · 376 m² | 11.5 m · 1 fl. |
| 44003A1119/00N000 | Flanders | 173 m² | 1 · 397 m² | 13.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 4,664 EUR awarded · 4,664 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 176 EUR | 176 EUR |
| 2024 | 2 | 2,353 EUR | 2,353 EUR |
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
| 2022 | 1 | 135 EUR | 135 EUR |
Recognitions · licences · registrations
Food safety, FASFC
2 sites · 1 with a smileyGavere2.250.303.196
Gavere2.278.125.667
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 608 companies in sector 10520 we hold annual accounts for 235. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-12-2015
Fiscal year end31-12
Activities, NACEBEL 2025
10520Manufacture of food products
10712Artisanal bread and fresh pastry making
E-invoicing
Reachable via Peppol
Peppol ID
0208:0644681893
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.