Bankrupt · Opening faillissement (CBE)

FOOD - SERVICES

BE0450158093

Rechtspersoon Public limited company 1 establishment

FOOD - SERVICES is a supermarket in Morlanwelz. Public Limited, started on 25 May 1993, 1 establishment.

Rue Pont du Nil(MLZ) 3, 7140 Morlanwelz

Behind the company: JEAN VANDELEN.

Start date

25 May 1993

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 4 of the last 4 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2023 and 2024.

  • Tight liquidity NBB

    Cash and receivables cover 52 % of short-term debt in 2024; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

FOOD - SERVICES from Morlanwelz, company number BE0450158093, closed financial year 2024 with a result of € -230,739 after tax. For that financial year FOOD - SERVICES recorded a gross margin of € 315,037 and equity of € -618,484. Compared with financial year 2023, the result moved from € -146,018 to € -230,739. 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 August 8, 2025.

What it is worth Caution

€ -618,484

▼ € 230,739 vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -230,739

▼ 58 % more loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 525,194

▲ 35% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -680,457.

People and assets in 2024

Full-time equivalents

20.1

▼ 0.2 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 373,142

▼ 11% vs 2023

€ 18,600 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.

Vehicles and equipment

€ 8,417

▼ 94% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 7 years to go

€ 1.1 million

▲ 80% vs 2023

€ 78,741 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 496,311

▼ 40% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Wages and social charges

€ 54,608

▼ 44% vs 2023

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 411,070 € 372,819 € 442,835 € 315,037 ▼ 29%
Profit after taxes € 35,616 € -14,698 € -146,018 € -230,739 ▼ € 84,721
Equity € -227,028 € -241,726 € -387,744 € -618,484 ▼ € 230,739
Total debts € 1,341,329 € 1,248,051 € 1,652,642 € 1,878,307 ▲ 14%
Cash € 282,694 € 286,112 € 390,323 € 525,194 ▲ 35%
Land & buildings € 205,845 € 183,592 € 161,338 € 139,085 ▼ 14%
Retained profit € -289,001 € -303,700 € -449,718 € -680,457 ▼ € 230,739
Bank debt € 750,000 € 666,667 € 616,503 € 1,109,741 ▲ 80%
Balance sheet total € 1,114,301 € 1,006,325 € 1,264,897 € 1,259,823
Employees (FTE) 17.5 17.3 20.3 20.1 ▼ 0.2

Key figures of FOOD - SERVICES, 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 FOOD - SERVICES?

What happened at FOOD - SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

FOOD - SERVICES is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2024: loss of € 230,739. filed late Source: NBB ↗
  • JEAN VANDELEN became a director. NBB
  • New establishment in Morlanwelz. KBO
  • Start of the company according to the CBE. KBO

In short

From € 35,616 profit in 2021 to € 230,739 loss in 2024.

Paid € 632 in corporate taxes since 2021.

Best year ever: 2021, with € 35,616 profit.

On average € 15,700 of value added per employee in 2024.

Management

JEAN VANDELEN
FOOD - SERVICES

Behind FOOD - SERVICES is JEAN VANDELEN. JEAN VANDELEN is also behind FALIMARO and SA SHOPPING CONCEPT.

Directors

According to the 2024 annual accounts

JEAN VANDELEN

Director

Also active at: FALIMARO, SA SHOPPING CONCEPT

since 2022

Establishments

Establishment units

Physical locations of this company

Registered office

Rue Pont du Nil(MLZ) 3

7140 Morlanwelz

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0450.158.093
VAT number
BE 0450.158.093
Registered office
Rue Pont du Nil(MLZ) 3, 7140 Morlanwelz
Names & denominations
FOOD - SERVICES
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
25 May 1993
Peppol
Not registered
Activities · NACE

Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen

Niet-gespecialiseerde detailhandel in algemene voedingsmiddelen (verkoopsoppervlakte minder dan 100 m2)

Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)

Frequently asked questions

What does FOOD - SERVICES do?
FOOD - SERVICES is a supermarket in Morlanwelz. Public Limited, started on 25 May 1993, 1 establishment.
What is the address of FOOD - SERVICES?
The registered office of FOOD - SERVICES is located at Rue Pont du Nil(MLZ) 3, 7140 Morlanwelz.
Is FOOD - SERVICES still active?
No. The CBE lists FOOD - SERVICES with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is FOOD - SERVICES registered on Peppol?
No, FOOD - SERVICES is currently not registered on the Peppol network.
What is the enterprise number of FOOD - SERVICES?
The enterprise number of FOOD - SERVICES is BE0450158093.
When was FOOD - SERVICES founded?
FOOD - SERVICES was founded on 25 May 1993.