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 3 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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Tight liquidity NBB
Cash and receivables cover 47 % 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
UNION FOOD from Elsene, company number BE0648989881, closed financial year 2024 with a result of € -31,296 after tax. For that financial year UNION FOOD recorded a gross margin of € 255,565 and equity of € -91,423. Compared with financial year 2023, the result moved from € -36,398 to € -31,296. 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 September 30, 2025.
€ -91,423
▼ € 31,296 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -31,296
▲ 14 % less loss than in 2023
Profit after tax over the fiscal year.
€ 3,381
▼ 32% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -153,423.
People and assets in 2024
5.9
Average over the fiscal year, from the social balance sheet.
€ 263,474
€ 44,700 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.
€ 20,769
▼ 42% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 139,017
▲ 7% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 83,071
▲ 117% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 139,722 | € 219,180 | € 287,643 | € 255,565 | ▼ 11% |
| Profit after taxes | € -428 | € -69,306 | € -36,398 | € -31,296 | ▲ € 5,102 |
| Equity | € 45,577 | € -23,729 | € -60,127 | € -91,423 | ▼ € 31,296 |
| Total debts | € 742,444 | € 683,845 | € 221,381 | € 282,815 | ▲ 28% |
| Cash | € 2,756 | € 5,210 | € 4,970 | € 3,381 | ▼ 32% |
| Land & buildings | € 621,257 | € 455,181 | - | - | |
| Retained profit | € -16,423 | € -85,729 | € -122,127 | € -153,423 | ▼ € 31,296 |
| Bank debt | € 499,372 | € 365,746 | € 6,958 | € 0 | ▼ 100% |
| Balance sheet total | € 788,020 | € 660,115 | € 161,253 | € 191,391 | ▲ 19% |
| Employees (FTE) | 4.2 | 5.6 | 5.9 | 5.9 |
Key figures of UNION 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 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
- Jérôme Paulet stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 31,296. filed late Source: NBB ↗
- Frédéric Gérard became a director. NBB
- Catherine Gerkens became a director. NBB
- Jérôme Paulet became a director. NBB
- New establishment in Tournai. KBO
In short
From € 428 loss in 2021 to € 31,296 loss in 2024.
Paid € 556 in corporate taxes since 2021.
On average € 43,300 of value added per employee in 2024.
A new publication or filing at UNION 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 EDITH FOOD, CATHY FOOD comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
UNION FOODThe shares are held by EDITH FOOD (20%) and CATHY FOOD (20%).
Directors
According to the 2024 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
€ 188,720 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
- 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