Financials
Financial year 2025
The Food Hub from Sint-Katelijne-Waver, company number BE0659960185, closed financial year 2025 with a result of € 32,248 after tax. For that financial year The Food Hub recorded a gross margin of € 448,381 and equity of € 116,523. Compared with financial year 2024, the result moved from € 109,348 to € 32,248. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 19, 2026.
€ 116,523
▲ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 32,248
▼ 71% vs 2024
Profit after tax over the fiscal year.
€ 198,894
▲ 1% 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 € 54,273.
People and assets in 2025
6.3
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 389,604
▲ 14% vs 2024
€ 61,800 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.
€ 296
▼ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 62,750
▼ 43% vs 2024
€ 48,000 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 297,073
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 89,113
▲ 34% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 342,054 | € 471,842 | € 484,121 | € 448,381 | ▼ 7% |
| Profit after taxes | € -60,917 | € 148,627 | € 109,348 | € 32,248 | ▼ 71% |
| Equity | € -174,001 | € -25,374 | € 93,874 | € 116,523 | ▲ 24% |
| Total debts | € 574,041 | € 465,741 | € 500,669 | € 452,305 | ▼ 10% |
| Cash | € 7,460 | € 54,280 | € 196,595 | € 198,894 | ▲ 1% |
| Retained profit | € -235,951 | € -87,324 | € 22,024 | € 54,273 | ▲ 146% |
| Bank debt | € 210,743 | € 157,375 | € 109,375 | € 62,750 | ▼ 43% |
| Balance sheet total | € 400,041 | € 440,367 | € 594,544 | € 568,828 | ▼ 4% |
| Employees (FTE) | 8.1 | 4.3 | 6.4 | 6.3 | ▼ 0.1 |
Key figures of The Food Hub, 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 The Food Hub?
What happened at The Food Hub in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 32,248 (▼ 71% vs 2024). Source: NBB ↗
- Giuseppe Montalbano became a director. NBB
- Lukas Nijman became a director. NBB
- Virginie Dewulf became a director. NBB
- Rafael Garcia Borreguero became a director. NBB
- Esther Hoedemakers became a director. NBB
- Mathias Van Steenbergen became a director. NBB
- New establishment in Sint-Katelijne-Waver. KBO
In short
From € 60,917 loss in 2022 to € 32,248 profit in 2025.
Paid € 34,267 in corporate taxes since 2022.
Best year ever: 2023, with € 148,627 profit.
On average € 71,200 of value added per employee in 2025.
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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 The Food Hub are Giuseppe Montalbano, Rafael Garcia Borreguero, Lukas Nijman, Esther Hoedemakers, Virginie Dewulf and Mathias Van Steenbergen. It owns 36% of Bel Food itself.
Directors
According to the 2025 annual accounts
Giuseppe Montalbano
Director
since 2025
Rafael Garcia Borreguero
Director
since 2024
Lukas Nijman
Director
since 2025
Esther Hoedemakers
Director
since 2024
Virginie Dewulf
Director
since 2025
since 2024
Establishments
Establishment units
Physical locations of this company
Kempenarestraat 44
2860 Sint-Katelijne-Waver
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
SQUARESPACE - Squarespace, Inc., US
Website info
Features
Security
Network
Details
- Company number
- 0659.960.185
- VAT number
- BE 0659.960.185
- Registered office
- Kempenarestraat 44, 2860 Sint-Katelijne-Waver
- Names & denominations
- The Food Hub
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 28 July 2016
- Peppol
- Active · Active since 20 Nov 2020
- Contact
- thefoodhub.be
- Activities · NACE
Groothandel in andere voedingsmiddelen, neg