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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Shrinking team NBB
FTE fell two years in a row, from 17 to 10.3.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
Kessel-Lo Foods from Leuven, company number BE0440233015, closed financial year 2024 with a result of € -232,466 after tax. For that financial year Kessel-Lo Foods recorded a gross margin of € 343,655 and equity of € -87,756. Compared with financial year 2023, the result moved from € -430,217 to € -232,466. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 24, 2025.
€ -87,756
▼ € 232,466 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -232,466
▲ 46 % less loss than in 2023
Profit after tax over the fiscal year.
€ 8,937
▲ 14% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -428,796.
People and assets in 2024
10.3
▼ 0.6 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 500,819
▼ 5% vs 2023
€ 48,600 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.
€ 10,756
▲ 129% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 51,563
▼ 76% vs 2023
€ 38,783 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 140,814
▼ 82% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 55,712
▼ 20% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 695,615 | € 417,089 | € 195,665 | € 343,655 | ▲ 76% |
| Profit after taxes | € -63,934 | € -383,641 | € -430,217 | € -232,466 | ▲ € 197,752 |
| Equity | € 958,568 | € 574,927 | € 144,709 | € -87,756 | ▼ € 232,466 |
| Total debts | € 827,280 | € 937,392 | € 1,296,325 | € 1,360,004 | ▲ 5% |
| Cash | € 8,467 | € 10,016 | € 7,823 | € 8,937 | ▲ 14% |
| Retained profit | € 617,528 | € 233,887 | € -196,331 | € -428,796 | ▼ € 232,466 |
| Bank debt | € 107,547 | € 89,126 | € 214,424 | € 51,563 | ▼ 76% |
| Balance sheet total | € 1,785,848 | € 1,512,319 | € 1,441,034 | € 1,272,247 | ▼ 12% |
| Employees (FTE) | 17.6 | 17 | 10.9 | 10.3 | ▼ 0.6 |
Key figures of Kessel-Lo Foods, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Kessel-Lo Foods?
What happened at Kessel-Lo Foods in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Kessel-Lo Foods is active according to the CBE. Legal situation: Opening faillissement.
- EVM Retail BV stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 232,466. filed late Source: NBB ↗
- EVM Retail BV became a director. NBB
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 63,934 loss in 2021 to € 232,466 loss in 2024.
On average € 33,400 of value added per employee in 2024.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of EVM Retail comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Kessel-Lo FoodsThe shares are held by EVM Retail (100%).
Directors
According to the 2024 annual accounts
since 2020 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Wilselsesteenweg 115
3010 Leuven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0440.233.015
- VAT number
- BE 0440.233.015
- Registered office
- Wilselsesteenweg 115, 3010 Leuven
- Names & denominations
- Kessel-Lo Foods
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 28 February 1990
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Niet-gespecialiseerde detailhandel in algemene voedingsmiddelen (verkoopsoppervlakte minder dan 100 m2)
Grootwarenhuizen (verkoop van overwegend niet-voedingsmiddelen met verkoopsopp.vanaf 2.500 m2)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)
Overige niet-gespecialiseerde detailhandel
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen niet overheersen (verkoopoppervlakte. = 2500 m²)