Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 45 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2025.
Financials
Financial year 2025
S-FOOD from Esneux, company number BE0433643844, closed financial year 2025 with a result of € 139,490 after tax. For that financial year S-FOOD recorded a gross margin of € 806,248 and equity of € 996,534. Compared with financial year 2024, the result moved from € 119,664 to € 139,490. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 16, 2026.
€ 996,534
▼ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 139,490
▲ 17% vs 2024
Profit after tax over the fiscal year.
€ 169,672
▼ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 350,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
14.4
▲ 4.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 551,882
▲ 57% vs 2024
€ 38,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 11,704
▲ 90% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 940,863
▲ 37% vs 2024
€ 71,738 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 693,011
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 120,852
▲ 213% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 799,222 | € 750,595 | € 630,413 | € 806,248 | ▲ 28% |
| Profit after taxes | € 292,897 | € 338,111 | € 119,664 | € 139,490 | ▲ 17% |
| Equity | € 1,746,919 | € 1,772,381 | € 1,207,045 | € 996,534 | ▼ 17% |
| Total debts | € 1,163,531 | € 852,082 | € 1,464,951 | € 2,077,237 | ▲ 42% |
| Cash | € 2,395,746 | € 2,216,417 | € 249,070 | € 169,672 | ▼ 32% |
| Land & buildings | € 132 | € 82 | € 920,033 | € 920,000 | |
| Retained profit | € 1,684,819 | € 1,710,281 | € 1,144,945 | € 934,434 | ▼ 18% |
| Dividend | € 295,627 | € 312,650 | € 685,000 | € 350,000 | ▼ 49% |
| Bank debt | € 0 | € 0 | € 686,452 | € 940,863 | ▲ 37% |
| Balance sheet total | € 2,910,450 | € 2,624,463 | € 2,671,996 | € 3,073,772 | ▲ 15% |
| Employees (FTE) | 11.1 | 8.6 | 9.7 | 14.4 | ▲ 4.7 |
Key figures of S-FOOD, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to S-FOOD?
What happened at S-FOOD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Laurine MATHY stepped down as director. NBB
- Pierre HALLET stepped down as director. NBB
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- Laurine MATHY became a director. NBB
- Pierre HALLET became a director. NBB
- New establishment in Esneux. KBO
- Start of the company according to the CBE. KBO
In short
From € 292,897 profit in 2022 to € 139,490 profit in 2025.
Paid € 303,723 in corporate taxes since 2022.
Best year ever: 2023, with € 338,111 profit.
On average € 56,000 of value added per employee in 2025.
Management
The shares are held by Mallet (100%).
Directors
According to the 2025 annual accounts
Shareholders
Mallet · holding of Pierre HALLET
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue de la Station 74
4130 Esneux
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0433.643.844
- VAT number
- BE 0433.643.844
- Registered office
- Avenue de la Station 74, 4130 Esneux
- Names & denominations
- S-FOOD
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 March 1988
- Peppol
- Active · Active since 23 May 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Supermarkten (verkoopsoppervlakte tussen 400 m2 en minder dan 2.500 m2)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)