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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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Figures corrected NBB
Corrected annual account filed for 2022.
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Busy address KBO
86 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
EIT FOOD from Leuven, company number BE0672423992, closed financial year 2024 with a result of € -84,330 after tax. For that financial year EIT FOOD recorded revenue of € 47.9 million and equity of € 16.4 million. Compared with financial year 2023, the result moved from € -375,001 to € -84,330. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2025.
€ 16.4 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -84,330
▲ 78 % less loss than in 2023
Profit after tax over the fiscal year.
€ 16.2 million
▼ 53% vs 2023
Cash and bank balances on the last day of the fiscal year.
People and assets in 2024
90.7
▲ 40.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 11 million
▲ 54% vs 2023
€ 120,800 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.
€ 17,648
▲ 54% 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.
€ 20.1 million
▲ 49% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 186 days on average.
€ 2.4 million
▲ 67% vs 2023
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Revenue | € 33,289,104 | € 37,333,764 | € 47,863,428 | ▲ 28% |
| Profit after taxes | € 3,142,034 | € -375,001 | € -84,330 | ▲ € 290,672 |
| Equity | € 16,776,375 | € 16,401,374 | € 16,446,602 | |
| Total debts | € 23,730,880 | € 24,210,048 | € 48,036,177 | ▲ 98% |
| Cash | € 29,970,388 | € 34,874,302 | € 16,229,671 | ▼ 53% |
| Retained profit | € 16,776,375 | € 16,401,374 | € 16,446,602 | |
| Balance sheet total | € 40,507,255 | € 40,611,422 | € 64,482,779 | ▲ 59% |
| Employees (FTE) | 41.9 | 50.5 | 90.7 | ▲ 40.2 |
Key figures of EIT FOOD, fiscal years 2022 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 EIT FOOD?
What happened at EIT FOOD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Aikaterini Liakopoulou stepped down as director. NBB
- Alice Lesaffre stepped down as director. NBB
- Michelle Williams stepped down as director. NBB
- Andrew Thomas stepped down as director. NBB
- Antonia Maria Lorenzo Lopez stepped down as director. NBB
- Moore Audit BV B00212 stepped down as director. NBB
- Michiel de Ruiter stepped down as director. NBB
- Thomas Engel stepped down as director. NBB
In short
From € 3.1 million profit in 2022 to € 84,330 loss in 2024.
Paid € 250,077 in corporate taxes since 2022.
Best year ever: 2022, with € 3.1 million profit.
Pays suppliers within 186 days on average.
Management
It owns 100% of EIT Food CLC North-East Sp. z o.o., 100% of EIT Food CLC South s.l., 100% of AgriFoodInvest bv, 100% of EIT Food CLC North-West Ltd. and 25% of EIT Food CLC Central GmbH itself.
Directors
According to the 2024 annual accounts
Michelle Williams
Director
since 2023 · until 2026
Michiel de Ruiter
Chairman of the board
since 2022 · until 2025
Katherine Foster
Director
since 2022 · until 2024
Thomas Engel
Director
since 2022 · until 2025
Registered auditor · represented by Carmen Van Camp A02365
Also active at: T.D.M., Transdemo, Van Biesen - Everaert, Standaard Uitgeverij, EEG, BOGERD MARTIN, APK Telecom Networksolutions, Binnenstad +8 more
since 2024 · until 2026
since 2022 · until 2025
since 2022 · until 2025
Alice Lesaffre
Director
since 2024 · until 2027
since 2023 · until 2026
Altingiz AB
Director · represented by Pauline Lindwall
since 2022 · until 2025
Aikaterini Liakopoulou
Director
since 2024 · until 2027
Antonia Maria Lorenzo Lopez
Director
since 2023 · until 2026
Establishments
Establishment units
Physical locations of this company
Philipssite 5 box 34
3001 Leuven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 86 companies are registered at this address.
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€ 19.1 million revenue · 2024
DRAKA BELGIUM
€ 3.4 million revenue · 2025
LOFMA
€ 1.8 million gross margin · 2025
G.I.M. - GEOGRAPHIC INFORMATION MANAGEMENT
€ 7.1 million revenue · 2025
ADVOCATENASSOCIATIE NELISSEN GRADE
€ 477,864 gross margin · 2025
+81 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
- 0672.423.992
- VAT number
- BE 0672.423.992
- Registered office
- Philipssite 5 bus 34, 3001 Leuven
- Names & denominations
- EIT FOOD
- Enterprise type
- Rechtspersoon
- Legal form
- International non-profit association
- Legal situation
- Normale toestand
- Start date
- 15 March 2017
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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