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 2 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
API FOOD from Schaarbeek, company number BE0679907048, closed financial year 2023 with a result of € -56,800 after tax. For that financial year API FOOD recorded a gross margin of € 220,410 and equity of € -100,955. Compared with financial year 2022, the result moved from € -65,632 to € -56,800. 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 March 28, 2024.
€ -100,955
▼ € 36,337 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -56,800
▲ 13 % less loss than in 2022
Profit after tax over the fiscal year.
€ 10,910
▲ 19% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -131,617.
People and assets in 2023
8.9
Average over the fiscal year, from the social balance sheet.
€ 231,492
▲ 128% vs 2022
€ 26,000 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.
€ 70,873
▼ 10% vs 2022
Of which on lease € 38,331.
Debts at end 2023
€ 29,230
▼ 26% vs 2022
€ 10,796 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 70,814
▼ 31% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 41,780
▲ 69% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € -650 | € 62,712 | € 220,410 | ▲ 251% |
| Profit after taxes | € -1,021 | € -65,632 | € -56,800 | ▲ € 8,833 |
| Equity | € 1,015 | € -64,618 | € -100,955 | ▼ € 36,337 |
| Total debts | € 1,619 | € 407,502 | € 480,599 | ▲ 18% |
| Cash | € 2,504 | € 9,159 | € 10,910 | ▲ 19% |
| Retained profit | € -9,185 | € -74,818 | € -131,617 | ▼ € 56,800 |
| Bank debt | € 0 | € 39,605 | € 29,230 | ▼ 26% |
| Balance sheet total | € 2,633 | € 342,884 | € 379,644 | ▲ 11% |
| Employees (FTE) | - | - | 8.9 |
Key figures of API FOOD, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to API FOOD?
What happened at API FOOD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
API FOOD is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 56,800. Source: NBB ↗
- Pierre Stuyck became a director. NBB
- New establishment in Schaarbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,021 loss in 2021 to € 56,800 loss in 2023.
On average € 24,800 of value added per employee in 2023.
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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 API FOOD is Pierre Stuyck. Pierre Stuyck is also behind FELIXIS, VIAGE PRODUCTIONS, Casinos Austria International Belgium, FINWINES and PIERRE STUYCK.
Directors
According to the 2023 annual accounts
Pierre Stuyck
Director
Also active at: FELIXIS, VIAGE PRODUCTIONS, Casinos Austria International Belgium, FINWINES, PIERRE STUYCK
since 2024
Establishments
Establishment units
Physical locations of this company
Félix Marchallaan 142
1030 Schaarbeek
Emile Maxlaan 85
1030 Schaarbeek
Active since 1 April 2022
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.
Details
- Company number
- 0679.907.048
- VAT number
- BE 0679.907.048
- Registered office
- Félix Marchallaan 142, 1030 Schaarbeek
- Names & denominations
- API FOOD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 21 August 2017
- Peppol
- Not registered
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening