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 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2021 and 2022.
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Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2022; threshold 65 %.
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Busy address KBO
60 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
FOODCULTURE from Antwerpen, company number BE0681569609, closed financial year 2022 with a result of € -443,161 after tax. For that financial year FOODCULTURE recorded a gross margin of € 146,058 and equity of € -1.2 million. Compared with financial year 2021, the result moved from € -308,774 to € -443,161. 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 November 7, 2023.
€ -1.2 million
▼ € 443,161 vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -443,161
▼ 44 % more loss than in 2021
Profit after tax over the fiscal year.
€ 68,999
▲ € 54,743 vs 2021
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.7 million.
People and assets in 2022
9.6
▲ 2.7 vs 2021
Average over the fiscal year, from the social balance sheet.
€ 303,142
▲ 251% vs 2021
€ 31,600 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.
€ 68,982
▼ 35% vs 2021
Book value of vehicles, furniture and equipment.
Debts at end 2022
€ 1.9 million
▼ 1% vs 2021
€ 11,587 is repaid this year. At this pace the long-term loan is gone in ≈ 150 years.
€ 614,309
▲ 18% vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 42,924
▲ € 41,589 vs 2021
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € 88,222 | € 146,058 | ▲ 66% |
| Profit after taxes | € -308,774 | € -443,161 | ▼ € 134,387 |
| Equity | € -754,334 | € -1,197,495 | ▼ € 443,161 |
| Total debts | € 2,534,329 | € 2,817,343 | ▲ 11% |
| Cash | € 14,256 | € 68,999 | ▲ € 54,743 |
| Land & buildings | € 1,848 | € 1,643 | ▼ 11% |
| Retained profit | € -1,272,934 | € -1,716,095 | ▼ € 443,161 |
| Bank debt | € 1,950,000 | € 1,934,604 | ▼ 1% |
| Balance sheet total | € 1,779,995 | € 1,619,848 | ▼ 9% |
| Employees (FTE) | 6.9 | 9.6 | ▲ 2.7 |
Key figures of FOODCULTURE, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to FOODCULTURE?
What happened at FOODCULTURE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
FOODCULTURE is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2022: loss of € 443,161. filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 308,774 loss in 2021 to € 443,161 loss in 2022.
Paid € 1,195 in corporate taxes since 2021.
On average € 15,200 of value added per employee in 2022.
A new publication or filing at FOODCULTURE? 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
The stake of IRET INVESTMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FOODCULTUREBehind FOODCULTURE is Food-IDD BV. The shares are held by IRET INVESTMENT (25%).
Directors
According to the 2022 annual accounts
Director · represented by Bart DE POOTER
Shareholders
25%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Borsbeeksebrug 34
2600 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 60 companies are registered at this address.
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€ 45.8 million revenue · 2025
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€ -5,762 gross margin · 2022
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€ -50,670 gross margin · 2025
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€ 13.1 million revenue · 2025
+55 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
- 0681.569.609
- VAT number
- BE 0681.569.609
- Registered office
- Borsbeeksebrug 34, 2600 Antwerpen
- Names & denominations
- FOODCULTURE · CFE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 20 September 2017
- Peppol
- Not registered
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening