Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 59 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
THE FOODCOMPANY from Ninove, company number BE0659972657, closed financial year 2024 with a result of € 2,074 after tax. For that financial year THE FOODCOMPANY recorded a gross margin of € 95,001 and equity of € 55,206. Compared with financial year 2023, the result moved from € 255 to € 2,074. 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 July 14, 2025.
€ 55,206
▲ 4% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,074
▲ € 1,819 vs 2023
Profit after tax over the fiscal year.
€ 34,572
▼ 36% 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 € 49,006.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 31,479
▲ 60% 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.
€ 117,586
▲ 30% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 143,371
▲ 26% vs 2023
€ 33,424 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 79,036
▲ 7% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 4,918
▼ 61% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 90,753 | € 48,328 | € 68,595 | € 95,001 | ▲ 38% |
| Profit after taxes | € 616 | € 605 | € 255 | € 2,074 | ▲ € 1,819 |
| Equity | € 52,272 | € 52,877 | € 53,132 | € 55,206 | ▲ 4% |
| Total debts | € 183,358 | € 147,364 | € 204,584 | € 228,988 | ▲ 12% |
| Cash | € 28,633 | € 33,342 | € 53,946 | € 34,572 | ▼ 36% |
| Retained profit | € 46,072 | € 46,677 | € 46,932 | € 49,006 | ▲ 4% |
| Dividend | € 8,500 | € 0 | € 0 | € 0 | |
| Bank debt | € 132,722 | € 98,032 | € 114,066 | € 143,371 | ▲ 26% |
| Balance sheet total | € 235,630 | € 200,241 | € 257,716 | € 284,195 | ▲ 10% |
Key figures of THE FOODCOMPANY, 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 THE FOODCOMPANY?
What happened at THE FOODCOMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 2,074 (▲ € 1,819 vs 2023). Source: NBB ↗
- New establishment in Ninove. KBO
- Start of the company according to the CBE. KBO
In short
From € 616 profit in 2021 to € 2,074 profit in 2024.
Paid € 2,131 in corporate taxes since 2021.
Best year ever: 2024, with € 2,074 profit.
Paid out € 8,500 in dividends to the owners in total.
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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 FOODCOMPANY is Glenn Symoens.
Directors
According to the 2024 annual accounts
Glenn Symoens
Director
Establishments
Establishment units
Physical locations of this company
Halsesteenweg 18
9402 Ninove
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0659.972.657
- VAT number
- BE 0659.972.657
- Registered office
- Halsesteenweg 18, 9402 Ninove
- Names & denominations
- THE FOODCOMPANY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 July 2016
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Eetgelegenheden met beperkte bediening