Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2024.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
Eat Cheap from Sint-Pieters-Woluwe, company number BE0654934102, closed financial year 2024 with a result of € 399,920 after tax. For that financial year Eat Cheap recorded a gross margin of € 738,516 and equity of € 104,659. Compared with financial year 2023, the result moved from € 58,061 to € 399,920. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on November 21, 2025.
€ 104,659
▲ € 399,920 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 399,920
▲ € 341,859 vs 2023
Profit after tax over the fiscal year.
€ 38,102
▲ € 33,657 vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 56,909.
People and assets in 2024
€ 135,925
▲ 269% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 658
▼ 99% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 94,901
▼ 80% vs 2023
€ 15,000 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 146,395
▲ 80% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 120,438
▲ 130% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -168,179 | € -162,717 | € 125,733 | € 738,516 | ▲ € 612,783 |
| Profit after taxes | € -187,755 | € -186,714 | € 58,061 | € 399,920 | ▲ € 341,859 |
| Equity | € -166,608 | € -353,322 | € -295,261 | € 104,659 | ▲ € 399,920 |
| Total debts | € 440,757 | € 624,129 | € 620,354 | € 375,366 | ▼ 39% |
| Cash | € 12,360 | € 35,083 | € 4,445 | € 38,102 | ▲ € 33,657 |
| Retained profit | € -214,358 | € -401,072 | € -343,011 | € 56,909 | ▲ € 399,920 |
| Bank debt | € 361,103 | € 499,500 | € 474,500 | € 94,901 | ▼ 80% |
| Balance sheet total | € 274,149 | € 270,807 | € 325,093 | € 480,025 | ▲ 48% |
Key figures of Eat Cheap, 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 Eat Cheap?
What happened at Eat Cheap in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Eat Cheap is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: profit of € 399,920 (▲ € 341,859 vs 2023). filed late Source: NBB ↗
- Jacques Blondiau became a director. NBB
- Andréa Englebert stepped down as director. NBB
- Olivier Englebert stepped down as director. NBB
- Olivier Englebert became a director. NBB
- New establishment in Sint-Pieters-Woluwe. KBO
- Andréa Englebert became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 187,755 loss in 2021 to € 399,920 profit in 2024.
Paid € 26,870 in corporate taxes since 2021.
Best year ever: 2024, with € 399,920 profit.
A new publication or filing at Eat Cheap? 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
Behind Eat Cheap is Jacques Blondiau. The shares are held by Andréa Englebert (74.5%), Olivier Englebert (18.6%) and SPREDS SA (6.8%).
Directors
According to the 2024 annual accounts
Jacques Blondiau
Director
since 2025
Andréa Englebert
Director
Owns 74.5% directly
Also active at: MERCATOR SOCIETY, FOR 7., TEAM CONSEIL
since 2016 · until 2025
Olivier Englebert
Director
Owns 18.6% directly
since 2017 · until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Amarantenhof 7
1150 Sint-Pieters-Woluwe
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0654.934.102
- VAT number
- BE 0654.934.102
- Registered office
- Amarantenhof 7, 1150 Sint-Pieters-Woluwe
- Names & denominations
- Eat Cheap
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 24 May 2016
- Peppol
- Active · Active since 20 Aug 2024
- Activities · NACE
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