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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Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FOOD EVOLUTION GROUP from Oostende, company number BE0786533705, closed financial year 2025 with a result of € 57,221 after tax. For that financial year FOOD EVOLUTION GROUP recorded a gross margin of € 609,011 and equity of € 138,716. Compared with financial year 2024, the result moved from € 4,742 to € 57,221. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 6, 2026.
€ 138,716
▲ 70% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 57,221
▲ € 52,479 vs 2024
Profit after tax over the fiscal year.
€ 121,397
▲ 91% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 38,716.
People and assets in 2025
6.8
▲ 2.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 303,978
▲ 85% vs 2024
€ 44,700 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.
€ 67,621
▲ 203% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.2 million
▲ 5% vs 2024
€ 147,190 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 255,722
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,049
▲ 41% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 343,663 | € 342,431 | € 609,011 | ▲ 78% |
| Profit after taxes | € -23,246 | € 4,742 | € 57,221 | ▲ € 52,479 |
| Equity | € 76,754 | € 81,496 | € 138,716 | ▲ 70% |
| Total debts | € 1,284,172 | € 1,667,269 | € 1,676,530 | ▲ 1% |
| Cash | € 53,747 | € 63,577 | € 121,397 | ▲ 91% |
| Land & buildings | € 699,048 | € 671,415 | € 644,709 | ▼ 4% |
| Retained profit | € -23,246 | € -18,504 | € 38,716 | ▲ € 57,221 |
| Bank debt | € 869,436 | € 1,116,616 | € 1,167,173 | ▲ 5% |
| Balance sheet total | € 1,360,926 | € 1,748,765 | € 1,815,246 | ▲ 4% |
| Employees (FTE) | 2.2 | 4 | 6.8 | ▲ 2.8 |
By gross margin, FOOD EVOLUTION GROUP ranks 2nd of 14 companies with main activity “Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk” in Oostende that publish figures (fiscal year 2025).
Key figures of FOOD EVOLUTION GROUP, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
Ask about FOOD EVOLUTION GROUP 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 FOOD EVOLUTION GROUP?
What happened at FOOD EVOLUTION GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 57,221 (▲ € 52,479 vs 2024). filed late Source: NBB ↗
- New establishment in Oostende. KBO
- New establishment in Oostende. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Oostende. KBO
In short
From € 23,246 loss in 2023 to € 57,221 profit in 2025.
Paid € 132 in corporate taxes since 2023.
Best year ever: 2025, with € 57,221 profit.
On average € 89,600 of value added per employee in 2025.
Management
Behind FOOD EVOLUTION GROUP are Christel Inghelbrecht, Luc David, Guillaume David and Charlotte David.
Directors
According to the 2025 annual accounts
Christel Inghelbrecht
Director
Luc David
Director
Guillaume David
Director
Charlotte David
Director
Establishments
Establishment units
Physical locations of this company
Langestraat 60
8400 Oostende
Fortstraat 10-12
8400 Oostende
Active since 18 December 2024
Vuurtorendok-Zuid 5
8400 Oostende
Active since 2 July 2025
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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€ 15 million gross margin · 2025
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Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
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 ↗- DAVID Luc Leopold(oprichter) 45%
- INGHELBRECHT Christel Brigitte Madeleine(oprichter) 45%
- DAVID Charlotte Christel Luc(oprichter) 5%
- DAVID Guillaume Luc Christel(oprichter) 5%
Details
- Company number
- 0786.533.705
- VAT number
- BE 0786.533.705
- Registered office
- Langestraat 60, 8400 Oostende
- Names & denominations
- FOOD EVOLUTION GROUP · BAKKERIJ DECOCK of FOOD EVOLUTION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 May 2022
- Peppol
- Active · Active since 28 Jul 2024
- Contact
- bakkerijdecock.be [email protected]
- Activities · NACE
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Vervaardiging van roomijs en ander consumptie-ijs
Detailhandel in chocolade en suikerwerk
Detailhandel in vaste, vloeibare en gasvormige brandstoffen, muv motorbrandstoffen
Vervaardiging van cacao, chocolade en suikerwerk
Eetgelegenheden met beperkte bediening
Overige detailhandel, niet in winkels en exclusief markt- en straathandel