Equity
-€88
Debts exceed assets in financial year 2026.
WELFARE NUTRITION
Lifetime
9 annual accounts with figures on one time axispeak €46,539 (2021)
-€2,054▼ €1,607
lowest -€34,838 (2023)
-€4,645▼ €1,364
peak €53,758 (2022)
-€88▼ €4,645
€3,190▲ 80.8%
Board1 name since 2022
1 directorALIZADEH ARASH
Documentsfilings and deeds
16-06-2026137 days before the deadline
2026micro format
Gross margin from -€448 to -€2,054Loss of €4,645Equity from €4,557 to -€88Debts from €1,764 to €3,190Cash from €1,346 to €181
Key points
from the 2026 annual accountsLosses
-€53,846 in four years
Every financial year from 2023 to 2026 closed with a loss. 2023 was the heaviest.
Filings
9 annual accounts since 2018
The last five annual accounts were filed 5 to 137 days before the end of the period.
Turnover not published (micro format)
Checked score
53
Fair
Financially stronger than 9% of micro companies in wholesale trade (NACE 46)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,892 companies (NACE 46, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025lowest value
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 1.3%▲ +0.9 percentage points vs 06-2026highest value
08-2026: 1.3%● unchanged vs 07-2026highest value
09-2026: 1.3%● unchanged vs 08-2026highest value
10-2026: 1.3%● unchanged vs 09-2026highest value
11-2026: 1.3%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Loss of €4,645, the second in a row (financial year 2026)
Negative equity -€88
Liquidity: current ratio 0.10, cash €181, halved
lowers risk
Size: total assets €3,102
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 46, micro). It does better than 16% of them on solvency, 9% on liquidity, 6% on profitability and 4% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 6,907 companies had the same profile as WELFARE NUTRITION has now. Each dot stands for 18 companies, two years later.
85.4%
were still trading
8.1%
stopped another way
5.8%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of WELFARE NUTRITION itself: 1.3% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,907 companies, not a prediction for WELFARE NUTRITION. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
The balance sheet total is too small for a liquidity verdict. Equity is negative.
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
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2026 annual accounts show negative equity and a net loss.
NBB · annual accounts 2026Equity per financial year
1920212223242526
2019 to 2026 · latest year -€88
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 16-06-2026, 137 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2026
137 days early
2025
49 days early
2024
41 days early
2023
33 days early
2022
5 days early
2021
2 days early
2020
100 days early
← 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 52 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 20 September (4 of the last 5 accounts filed within 36 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-03-2027 year end31-10-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0664975976
Registered office moved within Brussels
New registered office: Avenue de Pâturins 9, 1180 BRUXELLES · Previous registered office: Avenue Louise 109, 1050 Bruxelles · Gazette deed
Incorporation
published on 27-10-2016 · Gazette deed
First establishment
Louizalaan 109, Ixelles
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WELFARE NUTRITION Uccle | €3,102 | -€2,054 | -2.8% | - |
| FESTIVAL FOODS Molenbeek-Saint-Jean | €4,449 | -€1,638 | -476.6% | - |
| LET ME SMILE Vilvoorde | €1,671 | -€1,513 | 64.0% | - |
| LTPZ Overseas Koksijde | €1,274 | -€2,098 | -42720.7% | - |
| KAMENTHE Schaerbeek | €8,000 | -€13,827 | -349.7% | - |
| HOME BUTCHERY Sint-Pieters-Leeuw | €1,980 | -€1,449 | -486.4% | - |
| Qinfong Spa | €5,765 | -€1,613 | -183.4% | - |
These companies have the same main activity as WELFARE NUTRITION: wholesale of other food products (NACE 46389). They are comparable in size and age: total assets between €1,270 and €8,000, founded between 2016 and 2021.
Official details
Source: KBO- Status
- Active since 25-10-2016Normal situation
- Activity
- Wholesale of other food productsNACE 46389and 3 others
- Establishment unit
- 2.258.106.9461050 Ixelles, since 25-10-2016
- Financial year end
- 31 March
- Peppol
- Reachable since 15-05-2026
Annual accounts to 31-03-2026
- €3,102▼ 50.9%
- Filing
- Filed on 16-06-2026, 137 days before the end of the filing period
Insights on WELFARE NUTRITION
WELFARE NUTRITION files the micro format. That format states no turnover. The gross margin rose from -€8,759 in 2018 to -€2,054 in 2026.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about WELFARE NUTRITION
- What is the company number of WELFARE NUTRITION?
- The company number of WELFARE NUTRITION is 0664.975.976. The VAT number is the same number with BE in front: BE 0664.975.976.
- Where is WELFARE NUTRITION based?
- The registered office is at Beemdgraslaan 9, 1180 Uccle.Company details
- What does WELFARE NUTRITION do?
- According to the KBO register, the main activity is wholesale of other food products (NACE 46389).
- What is the legal form of WELFARE NUTRITION?
- WELFARE NUTRITION is a private limited company (pre-2019) (BVBA).
- When was WELFARE NUTRITION founded?
- WELFARE NUTRITION was founded on 25-10-2016.
- Is WELFARE NUTRITION still active?
- Yes, WELFARE NUTRITION is an active enterprise in the KBO register.
- What is the turnover of WELFARE NUTRITION?
- The annual accounts for financial year 2026 state no turnover. The micro format does not require it.Financials
- Is WELFARE NUTRITION profitable?
- In financial year 2026, WELFARE NUTRITION made a loss of €4,645.
- Where can I find the annual accounts of WELFARE NUTRITION?
- WELFARE NUTRITION filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of WELFARE NUTRITION due?
- WELFARE NUTRITION must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.