WALLACE FOOD
ActiveThe computed 12-month bankruptcy probability of WALLACE FOOD is 5.1% (elevated). The 2025 annual accounts show equity of €185k and a net result of €7k. Equity is growing by ~27.1% per year across the filed fiscal years. Its solvency ranks better than 59% of 3644 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
45
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability53▼-16
Solvency63▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
5.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days only on tighter terms
Liquidity short (current ratio 0.66 against 0.59 in 2024; short-term debt: 61.9% and cash: 14% of total assets), and 61.9% 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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
38.1%
Return on assets
1.4%
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 24-08-2026, 24 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 · 7 filingsDeviation from the deadline
2025
24 d late
2024
61 d late
2023
35 d late
2022
31 d late
2021
25 d late
2020
111 d late
2019
144 d late
← before the deadline
after the deadline →
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€7k▼ 77.9%
2024 · €30k
2019: €-14k
2020: €3k
2021: €23k
2022: €22k
2023: €32k
2024: €30k
2019 → 2025
Working capital
€-101k▲ 18.0%
2024 · €-124k
2019: €-28k
2020: €-198k
2021: €-78k
2022: €-118k
2023: €-104k
2024: €-124k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€94k-€116k▲ 23.2%€148k▲ 27.1%€178k▲ 20.3%€185k▲ 3.7%
Operating result€33k-€54k▲ 62.8%€66k▲ 21.2%€59k▼ 10.6%€33k▼ 43.5%
Net result€23k-€22k▼ 3.8%€32k▲ 44.2%€30k▼ 5.1%€7k▼ 77.9%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 43% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €484k
Fixed assets
€286k▼ 8.3%
Current assets
€198k▲ 12.0%
Equity and liabilities €484k
Equity
€185k▲ 3.7%
Debt
€300k▼ 3.7%
The debt ratio falls from 63.6% to 61.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€92k▼
2024 · €111k
Cash flow
€65k▼
2024 · €82k
Solvency
38.1%▲
2024 · 36.4%
Current ratio
0.66▲
2024 · 0.59
Quick ratio
0.45▼
2024 · 0.48
Debt / equity
1.62▼
2024 · 1.75
ROE
3.6%▼
2024 · 16.8%
ROA
1.4%▼
2024 · 6.1%
Interest coverage
3.93▼
2024 · 5.08
Debt
€300k▼
2024 · €311k
Debt ≤ 1 year
€300k▼
2024 · €301k
Income taxes
€4k▼
2024 · €8k
Staff costs
€644k▲
2024 · €549k
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€489k€484k▼
Fixed assets21/28€312k€286k▼
Tangible fixed assets22/27€304k€278k▼
Furniture and vehicles24€43k€43k▼
Leasing and similar rights25€802€0▼
Other tangible fixed assets26€260k€235k▼
Financial fixed assets28€8k€8k▲
Current assets29/58€177k€198k▲
Stocks and contracts in progress3€33k€62k▲
Stocks30/36€33k€62k▲
Amounts receivable within one year40/41€51k€49k▼
Trade receivables40€12k€6k▼
Other amounts receivable41€39k€44k▲
Cash at bank and in hand54/58€71k€68k▼
Deferred charges and accrued income490/1€22k€19k▼
Equity and liabilities
Total equity and liabilities10/49€489k€484k▼
Equity10/15€178k€185k▲
Contributions10/11€83k€83k=
Profit (loss) carried forward14€95k€102k▲
Amounts payable17/49€311k€300k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€301k€300k▼
Current portion of amounts payable after more than one year42€25k€0▼
Financial debts43€4k€2k▼
Credit institutions430/8€37€443▲
Other loans439€3k€1k▼
Trade debts44€135k€152k▲
Suppliers440/4€135k€152k▲
Taxes, remuneration and social security45€63k€71k▲
Taxes450/3€18k€24k▲
Remuneration and social security454/9€46k€46k▲
Other amounts payable47/48€74k€75k▲
Accrued charges and deferred income492/3€10k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€549k€644k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€58k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€187€0▼
Other operating charges640/8€13k€15k▲
Gross operating margin9900€673k€751k▲
Operating profit (loss)9901€59k€33k▼
Financial income75/76B€1k€559▼
Recurring financial income75€1k€559▼
Financial charges65/66B€22k€23k▲
Recurring financial charges65€22k€23k▲
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€38k€10k▼
Income taxes67/77€8k€4k▼
Profit (loss) for the period9904€30k€7k▼
Profit (loss) for the period to be appropriated9905€30k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€95k€102k▲
Profit (loss) brought forward from the previous period14P€65k€95k▲
Social balance
Average headcount (FTE)908715.017.9▲
The notes to these accounts (12 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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 24 days late
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 61 days late
2024
31-12
Financial
Equity above €150kEq €178k ▲20.3%
5 profitable years in a row build equity to €178k.
04-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 35 days late
2023
31-12
Financial
Highest result since 2019net €32k ▲44.2%
Operating result €66k, net result €32k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Equity above €100kEq €116k ▲23.2%
3 profitable years in a row build equity to €116k.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
19-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 111 days late
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
22-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 144 days late
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, Brussel · 1 establishment unit since 2019
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.
Leuvenseweg 21000 BrusselGround area
160 m²
Building footprint
157 m²
Volume, LiDAR
3,230 m³
Parcel 21803C0140/00F000, Brussels · tallest building 23.0 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
WALLACE FOOD
since 20192.289.439.530
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21803C0140/00F000 | Brussels | 160 m² | 1 · 157 m² | 23.0 m · 7 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 siteBrussel2.289.439.530
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LOKERENSIS
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BRUXELLES EXPRESS
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DELTA FOOD
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Of 21,904 companies in sector 56112 we hold annual accounts for 9,781. 6,891 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-05-2019
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
47241Retail sale of bread and pastry (bakery outlets)
47242Retail sale of chocolate and confectionery
47559Retail sale of other household articles
47599Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:leopoldcaferoyal@gmail.com