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 59 % of short-term debt in 2025; 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 2025
UNION FOOD from Elsene, company number BE0648989881, closed financial year 2025 with a result of € 23,836 after tax. For that financial year UNION FOOD recorded a gross margin of € 269,732 and equity of € -67,587. Compared with financial year 2024, the result moved from € -31,296 to € 23,836. Profitable, and profit is growing. 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 15, 2026.
€ -67,587
▲ € 23,836 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23,836
▲ still € 31,296 loss in 2024
Profit after tax over the fiscal year.
€ 2,960
▼ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -129,587.
People and assets in 2025
7.2
▲ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 222,765
▼ 15% vs 2024
€ 30,900 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.
€ 9,881
▼ 52% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 123,941
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 80,822
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 219,180 | € 287,643 | € 255,565 | € 269,732 | ▲ 6% |
| Profit after taxes | € -69,306 | € -36,398 | € -31,296 | € 23,836 | ▲ € 55,132 |
| Equity | € -23,729 | € -60,127 | € -91,423 | € -67,587 | ▲ € 23,836 |
| Total debts | € 683,845 | € 221,381 | € 282,815 | € 261,432 | ▼ 8% |
| Cash | € 5,210 | € 4,970 | € 3,381 | € 2,960 | ▼ 12% |
| Land & buildings | € 455,181 | - | - | - | |
| Retained profit | € -85,729 | € -122,127 | € -153,423 | € -129,587 | ▲ € 23,836 |
| Bank debt | € 365,746 | € 6,958 | € 0 | € 0 | |
| Balance sheet total | € 660,115 | € 161,253 | € 191,391 | € 193,845 | ▲ 1% |
| Employees (FTE) | 5.6 | 5.9 | 5.9 | 7.2 | ▲ 1.3 |
Key figures of UNION 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 UNION FOOD?
What happened at UNION FOOD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Frédéric Gérard stepped down as director. NBB
- Catherine Gerkens stepped down as director. NBB
- Jérome Paulet stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 23,836. filed late Source: NBB ↗
- Frédéric Gérard became a director. NBB
- Catherine Gerkens became a director. NBB
- Jérome Paulet became a director. NBB
- New establishment in Tournai. KBO
In short
From € 69,306 loss in 2022 to € 23,836 profit in 2025.
Paid € 397 in corporate taxes since 2022.
Best year ever: 2025, with € 23,836 profit.
On average € 37,500 of value added per employee in 2025.
Management
The stake of CATHY FOOD, EDITH FOOD comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
UNION FOODThe shares are held by CATHY FOOD (20%) and EDITH FOOD (20%).
Directors
According to the 2025 annual accounts
since 2021 · until 2027
since 2021 · until 2027
since 2021 · until 2027
Shareholders
20%
20%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Sans Soucistraat 151
1050 Elsene
Boulevard Lalaing(TOU) 39
7500 Tournai
Active since 1 April 2016
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
CITY FOOD same network
€ 556,322 gross margin · 2024
MOUTARDE
€ -21,936 gross margin · 2024
ND FOOD same network
€ 174,935 gross margin · 2025
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
- 0648.989.881
- VAT number
- BE 0648.989.881
- Registered office
- Sans Soucistraat 151, 1050 Elsene
- Names & denominations
- UNION FOOD
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 February 2016
- Peppol
- Active · Active since 26 Nov 2025
- Activities · NACE
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Eetgelegenheden met beperkte bediening
Detailhandel in kranten en andere tijdschriften
Detailhandel in bloemen, planten, zaden en kunstmeststoffen
Detailhandel in brood en banketbakkerswerk (koude bakkers)
Detailhandel in kranten en kantoorbehoeften in gespecialiseerde winkels