Skip to content

WALLACE FOOD

Active
Private limited companyfounded 2019active for 7 yearsLeuvenseweg 2, 1000 Brussel, BelgiumKBO/BCE: BE 0727.409.334
Summary

The computed 12-month bankruptcy probability of WALLACE FOOD is 2.4% (moderate). The 2025 annual accounts show equity of €184,585 and a net result of €6,612. Equity has been growing by about 27% per year since 2019. Its solvency ranks better than 59% of 4,800 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 23-05-2019 Normal situation
Activity
Limited-service restaurants, excluding mobile food services NACE 56112and 3 others
Joint committee
302 Paritair Comité voor het hotelbedrijf · annual accounts 2025
Establishment unit
2.289.439.530 1000 Brussel, since 28-05-2019
Financial year end
31 December
Peppol
Reachable since 01-12-2025

Board and ownership

Board
  • Gérard FrédéricDirector · since 23-05-2019
  • Janssens XavierDirector · since 23-05-2019
  • Zamagni NicolasDirector · since 23-05-2019
and 2 others
Shareholders
  • XJ INVEST· score 982025 annual accounts of XJ INVEST

Financial position

52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.4%
Annual accounts 2025
Gross margin
€750,773
▲ 11.5%
Turnover
≈ €2.2m
estimated
Profit
€6,612
▼ 77.9%
Equity
€184,585
▲ 3.7%
Total assets
€484,114
▼ 1.0%
Employees on 31-12-2025
33
▲ 3.1%
  • 2025 accounts filed 24 days after the deadline
Score breakdownraises riskLast filed accounts filed 24 days late; 2 of the last 3 accounts lateSize: 17.9 FTE, total assets €484,114Sector: Food and beverage service activities (NACE 56)Founded in 2019Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 42% of small companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Average
Solvency 63+2
equity 38.1% of total assets
Liquidity 35-1
short-term debt 61.9% · cash 14.0%
Profitability 53-16
return on assets 1.4%
Bankruptcy probability within 12 months
2.4% 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: 3.1% 01-2025: 3.0%▼ -0.1 percentage points vs 12-2024 02-2025: 3.0%● unchanged vs 01-2025 03-2025: 2.9%▼ -0.1 percentage points vs 02-2025 04-2025: 3.0%▲ +0.1 percentage points vs 03-2025 05-2025: 3.1%▲ +0.1 percentage points vs 04-2025 06-2025: 3.1%● unchanged vs 05-2025 07-2025: 3.3%▲ +0.2 percentage points vs 06-2025 08-2025: 3.6%▲ +0.3 percentage points vs 07-2025 09-2025: 3.8%▲ +0.2 percentage points vs 08-2025 10-2025: 2.9%▼ -0.9 percentage points vs 09-2025 11-2025: 2.9%● unchanged vs 10-2025 12-2025: 2.9%● unchanged vs 11-2025 01-2026: 2.9%● unchanged vs 12-2025 02-2026: 2.9%● unchanged vs 01-2026 03-2026: 2.8%▼ -0.1 percentage points vs 02-2026 04-2026: 2.9%▲ +0.1 percentage points vs 03-2026 05-2026: 2.9%● unchanged vs 04-2026 06-2026: 2.9%● unchanged vs 05-2026 07-2026: 3.1%▲ +0.2 percentage points vs 06-2026 08-2026: 4.0%▲ +0.9 percentage points vs 07-2026highest value 09-2026: 2.3%▼ -1.7 percentage points vs 08-2026lowest value 10-2026: 2.4%▲ +0.1 percentage points vs 09-2026 11-2026: 2.4%● unchanged vs 10-2026
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.66 (0.59 in 2024), below 1. Short-term debt is 61.9% and cash 14% of total assets. 61.9% 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 62% of them on solvency, 26% on liquidity, 31% on profitability and 50% on growth.

The bankruptcy probability was computed on 03-11-2026 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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Five signals.
raises risk
raises risk · Last filed accounts filed 24 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Size: 17.9 FTE, total assets €484,114
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
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 24 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 7 filings
Deviation from the deadline
2025
24 days late
2024
61 days late
2023
35 days late
2022
31 days late
2021
25 days late
2020
111 days late
2019
144 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 62 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 31 August (5 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
04-11-2026 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

  • Positive: 6 profitable years in a rowprofit 2025: €6,612 6 years View
  • Higher gross margin than 82% of companies in food and beverage servicesector median €230,335 · 4,779 companies €750,773 View

Recent changes

  1. · Gazette deed Registered office moved to BruxellesNew seat: Rue de Louvain 2 à 1000 Bruxelles
  2. · Gazette deed Incorporation
All 13 events

Comparable companies

These companies have the same main activity as WALLACE FOOD: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €380,000 and €644,000, founded between 2018 and 2021.

CompanyTotal assetsGross margin
WALLACE FOOD Brussel€484,114€750,773
Phil Food Wetteren€434,997€827,960
CLEH Mons€522,484€607,415
Frites Atelier Brussel Brussel€466,757€504,214
LES JARDINS SUSPENDUS Brussel€379,715€611,659
TASTY MONTLEGIA Elsene€643,735€706,435
Tresciff Antwerpen€484,992€907,715
Full comparison

Key facts about WALLACE FOOD

What is the company number of WALLACE FOOD?
The company number of WALLACE FOOD is 0727.409.334. The VAT number is the same number with BE in front: BE 0727.409.334.
Where is WALLACE FOOD based?
The registered office is at Leuvenseweg 2, 1000 Brussel.Company details
What does WALLACE FOOD 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 WALLACE FOOD?
The legal form of WALLACE FOOD is Private limited company (BV).
When was WALLACE FOOD founded?
WALLACE FOOD was founded on 23-05-2019.
Is WALLACE FOOD still active?
Yes, WALLACE FOOD is an active enterprise in the KBO register.
How many employees does WALLACE FOOD have?
WALLACE FOOD had an average of 17.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does WALLACE FOOD fall under?
In its 2025 annual accounts, WALLACE FOOD states joint committee 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of WALLACE FOOD?
The turnover in financial year 2025 is ≈ €2.2m. This figure is estimated from the gross margin of €750,773 and 36 comparable companies (NACE 56112). It probably lies between €1.8m and €2.4m.
Is WALLACE FOOD profitable?
In financial year 2025, WALLACE FOOD made a profit of €6,612.
Where can I find the annual accounts of WALLACE FOOD?
WALLACE FOOD filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WALLACE FOOD due?
WALLACE FOOD must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.