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 63 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
CITY FOOD from Elsene, company number BE0454561202, closed financial year 2024 with a result of € -11,941 after tax. For that financial year CITY FOOD recorded a gross margin of € 556,322 and equity of € 97,075. Compared with financial year 2023, the result moved from € 7,941 to € -11,941. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 2, 2025.
€ 97,075
▼ 11% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,941
▼ still € 7,941 profit in 2023
Profit after tax over the fiscal year.
€ 30,581
▼ 22% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 35,075.
People and assets in 2024
12.9
▲ 1.5 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 478,948
€ 37,100 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.
€ 135,132
▼ 11% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 2,500
▼ 59% vs 2023
Loans from banks and other lenders, long and short.
€ 357,565
▼ 11% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 113,149
▲ 71% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 344,281 | € 481,291 | € 569,265 | € 556,322 | ▼ 2% |
| Profit after taxes | € 79,012 | € 13,818 | € 7,941 | € -11,941 | ▼ € 19,882 |
| Equity | € 87,354 | € 101,172 | € 109,016 | € 97,075 | ▼ 11% |
| Total debts | € 537,712 | € 544,784 | € 604,625 | € 602,321 | |
| Cash | € 64,260 | € 25,790 | € 38,999 | € 30,581 | ▼ 22% |
| Retained profit | € 25,257 | € 39,075 | € 47,016 | € 35,075 | ▼ 25% |
| Bank debt | € 2,578 | € 6,051 | € 6,051 | € 2,500 | ▼ 59% |
| Balance sheet total | € 625,066 | € 645,956 | € 713,641 | € 699,396 | ▼ 2% |
| Employees (FTE) | 6.5 | 8.9 | 11.4 | 12.9 | ▲ 1.5 |
Key figures of CITY FOOD, 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 CITY FOOD?
What happened at CITY FOOD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Catherine Gerkens stepped down as director. NBB
- Dominique Boinet stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 11,941 (▼ € 19,882 vs 2023). filed late Source: NBB ↗
- Catherine Gerkens became a director. NBB
- Dominique Boinet became a director. NBB
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 79,012 profit in 2021 to € 11,941 loss in 2024.
Paid € 35,822 in corporate taxes since 2021.
Best year ever: 2021, with € 79,012 profit.
On average € 43,100 of value added per employee in 2024.
A new publication or filing at CITY FOOD? We notify you, reason included.
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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 MIDO FOOD comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CITY FOODThe shares are held by MIDO FOOD (99.8%). It owns 14.3% of Boondael Office itself.
Directors
According to the 2024 annual accounts
since 2025 · until 2031
Dominique Boinet
Director
since 2025 · until 2031
Shareholders
99.8%
Participations
14.3%
Establishments
Establishment units
Physical locations of this company
Sans Soucistraat 151
1050 Elsene
Tervurenlaan 107
1040 Etterbeek
Active since 1 September 2014
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →A.K.C. FINANCES
€ -16,117 gross margin · 2024
MOUTARDE
€ -21,936 gross margin · 2024
ND FOOD same network
€ 188,720 gross margin · 2024
UNION FOOD same network
€ 255,565 gross margin · 2024
TASTY MONTLEGIA
€ 706,435 gross margin · 2024
+10 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0454.561.202
- VAT number
- BE 0454.561.202
- Registered office
- Sans Soucistraat 151, 1050 Elsene
- Names & denominations
- CITY FOOD
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 February 1995
- Peppol
- Active · Active since 27 Mar 2025
- Activities · NACE
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Fastfoodzaken, snackbars, frituren en dergelijke
Organisatie van congressen en beurzen
Eetgelegenheden met beperkte bediening