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 1 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 16 % of short-term debt in 2023; threshold 65 %.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
ETEMAD FOODS & DRINKS from Oostende, company number BE0754626940, closed financial year 2023 with a result of € -18,798 after tax. For that financial year ETEMAD FOODS & DRINKS recorded a gross margin of € -16,929 and equity of € -14,033. Compared with financial year 2022, the result moved from € -8,466 to € -18,798. 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 September 26, 2024.
€ -14,033
▼ € 18,798 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,798
▼ 122 % more loss than in 2022
Profit after tax over the fiscal year.
€ 6,745
▲ € 6,733 vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -20,033.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 68,027
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 12,725 | € 11,365 | € -16,929 | ▼ € 28,295 |
| Profit after taxes | € 7,230 | € -8,466 | € -18,798 | ▼ € 10,332 |
| Equity | € 13,230 | € 4,764 | € -14,033 | ▼ € 18,798 |
| Total debts | € 9,091 | € 51 | € 79,018 | ▲ € 78,967 |
| Cash | € 5,165 | € 12 | € 6,745 | ▲ € 6,733 |
| Retained profit | € 7,230 | € -1,236 | € -20,033 | ▼ € 18,798 |
| Balance sheet total | € 22,321 | € 4,815 | € 64,984 | ▲ € 60,169 |
By gross margin, ETEMAD FOODS & DRINKS ranks 13th of 14 companies with main activity “Handelsbemiddeling in de niet-gespecialiseerde groothandel” in Oostende that publish figures (fiscal year 2023).
Key figures of ETEMAD FOODS & DRINKS, 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.
Ask about ETEMAD FOODS & DRINKS the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to ETEMAD FOODS & DRINKS?
What happened at ETEMAD FOODS & DRINKS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: loss of € 18,798. filed late Source: NBB ↗
- New establishment in Oostende. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 7,230 profit in 2021 to € 18,798 loss in 2023.
Paid € 1,486 in corporate taxes since 2021.
Best year ever: 2021, with € 7,230 profit.
Establishments
Establishment units
Physical locations of this company
Stuiverstraat 297
8400 Oostende
Renteniersstraat 16
8400 Oostende
Active since 9 August 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.
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Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- ZADRAN Shahbaz Khan(oprichter) 100%
Details
- Company number
- 0754.626.940
- VAT number
- BE 0754.626.940
- Registered office
- Stuiverstraat 297, 8400 Oostende
- Names & denominations
- ETEMAD FOODS & DRINKS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 September 2020
- Peppol
- Active · Active since 27 Feb 2026
- Activities · NACE
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Niet-gespecialiseerde groothandel
Groothandel in andere voedingsmiddelen, neg