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 3 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 2 % of short-term debt in 2023; threshold 65 %.
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Late annual account NBB
Fiscal year 2023 was filed 300 days after the legal deadline.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
MED FOODS from Etterbeek, company number BE0696686662, closed financial year 2023 with a result of € -45,338 after tax. For that financial year MED FOODS recorded a gross margin of € 50,444 and equity of € -85,776. Compared with financial year 2022, the result moved from € -14,887 to € -45,338. 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 May 27, 2025.
€ -85,776
▼ € 45,338 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -45,338
▼ 205 % more loss than in 2022
Profit after tax over the fiscal year.
€ 3,710
▼ 86% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -283,776.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 75,173
▲ 16% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 14,067
▼ 63% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 9,009
▼ 34% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 5,946 | € 79,198 | € 50,444 | ▼ 36% |
| Profit after taxes | € -39,218 | € -14,887 | € -45,338 | ▼ € 30,451 |
| Equity | € -25,550 | € -40,438 | € -85,776 | ▼ € 45,338 |
| Total debts | € 168,041 | € 157,713 | € 161,814 | ▲ 3% |
| Cash | € 32,758 | € 27,215 | € 3,710 | ▼ 86% |
| Retained profit | € -223,550 | € -238,438 | € -283,776 | ▼ € 45,338 |
| Bank debt | € 72,721 | € 52,733 | € 0 | ▼ 100% |
| Balance sheet total | € 142,491 | € 117,275 | € 76,038 | ▼ 35% |
Key figures of MED FOODS, 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 MED FOODS?
What happened at MED FOODS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
MED FOODS is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 45,338. filed late Source: NBB ↗
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 39,218 loss in 2021 to € 45,338 loss in 2023.
Paid € 0 in corporate taxes since 2021.
A new publication or filing at MED FOODS? 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
Directors
According to the 2023 annual accounts
Alain CHAHDA
Director
Establishments
Establishment units
Physical locations of this company
Oudergemlaan 4
1040 Etterbeek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0696.686.662
- VAT number
- BE 0696.686.662
- Registered office
- Oudergemlaan 4, 1040 Etterbeek
- Names & denominations
- MED FOODS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 22 May 2018
- Peppol
- Not registered
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening