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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 9.3 to 5.
Financials
Financial year 2025
G FOOD from Sint-Gillis (bij-Brussel), company number BE0632934205, closed financial year 2025 with a result of € -5,811 after tax. For that financial year G FOOD recorded a gross margin of € 202,822 and equity of € -291,755. Compared with financial year 2024, the result moved from € 28,903 to € -5,811. 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 17, 2026.
€ -291,755
▼ € 5,811 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,811
▼ still € 28,903 profit in 2024
Profit after tax over the fiscal year.
€ 3,397
▼ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -310,355.
People and assets in 2025
5
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 145,418
▼ 11% vs 2024
€ 29,100 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.
€ 5,632
▲ 11% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 47,742
▲ 165% vs 2024
€ 12,466 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 43,736
▲ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 28,723
▼ 34% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 566,609 | - | - | - | |
| Gross margin | € 201,359 | € 275,824 | € 245,438 | € 202,822 | ▼ 17% |
| Profit after taxes | € -17,258 | € 60,220 | € 28,903 | € -5,811 | ▼ € 34,714 |
| Equity | € -375,068 | € -314,848 | € -285,945 | € -291,755 | ▼ € 5,811 |
| Total debts | € 469,344 | € 397,420 | € 363,530 | € 355,734 | ▼ 2% |
| Cash | € 23,573 | € 23,275 | € 16,948 | € 3,397 | ▼ 80% |
| Retained profit | € -393,668 | € -333,448 | € -304,545 | € -310,355 | ▼ € 5,811 |
| Bank debt | € 75,844 | € 44,963 | € 18,014 | € 47,742 | ▲ 165% |
| Balance sheet total | € 94,275 | € 82,572 | € 77,586 | € 63,979 | ▼ 18% |
| Employees (FTE) | 13.2 | 9.3 | 5.6 | 5 | ▼ 0.6 |
Key figures of G 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 G FOOD?
What happened at G FOOD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5,811 (▼ € 34,714 vs 2024). filed late Source: NBB ↗
- New establishment in Sint-Gillis (bij-Brussel). KBO
- Start of the company according to the CBE. KBO
In short
From € 17,258 loss in 2022 to € 5,811 loss in 2025.
Best year ever: 2023, with € 60,220 profit.
On average € 40,600 of value added per employee in 2025.
Management
Behind G FOOD are Michel Tihon and Géraldine Dubois.
Directors
According to the 2025 annual accounts
Michel Tihon
Manager
Géraldine Dubois
Manager
Establishments
Establishment units
Physical locations of this company
Jourdanstraat 9
1060 Sint-Gillis (bij-Brussel)
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0632.934.205
- VAT number
- BE 0632.934.205
- Registered office
- Jourdanstraat 9, 1060 Sint-Gillis (bij-Brussel)
- Names & denominations
- G FOOD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 2015
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Eetgelegenheden met beperkte bediening
Catering van evenementen