Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FUNKY-FOOD from Kortrijk, company number BE0862265464, closed financial year 2025 with a result of € -14,102 after tax. For that financial year FUNKY-FOOD recorded a gross margin of € 10,022 and equity of € -43,005. Compared with financial year 2024, the result moved from € 7,956 to € -14,102. 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 July 22, 2026.
€ -43,005
▼ € 14,102 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,102
▼ still € 7,956 profit in 2024
Profit after tax over the fiscal year.
€ 4,541
▲ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -61,605.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 13,973
▲ 68% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 7,768
▲ € 6,766 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 53,742
▲ € 43,989 vs 2024
€ 12,456 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 33,689
▲ 102% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,359
▼ 55% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 71,279 | € 79,210 | € 27,019 | € 10,022 | ▼ 63% |
| Profit after taxes | € -33,907 | € 18,805 | € 7,956 | € -14,102 | ▼ € 22,059 |
| Equity | € -55,664 | € -36,859 | € -28,903 | € -43,005 | ▼ € 14,102 |
| Total debts | € 139,991 | € 110,690 | € 96,688 | € 176,110 | ▲ 82% |
| Cash | € 363 | € 438 | € 4,501 | € 4,541 | ▲ 1% |
| Land & buildings | € 57,550 | € 51,508 | € 48,724 | € 75,485 | ▲ 55% |
| Retained profit | € -74,264 | € -55,459 | € -47,503 | € -61,605 | ▼ € 14,102 |
| Bank debt | € 46,872 | € 17,354 | € 9,753 | € 53,742 | ▲ € 43,989 |
| Balance sheet total | € 84,327 | € 73,831 | € 67,786 | € 133,105 | ▲ 96% |
Key figures of FUNKY-FOOD, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to FUNKY-FOOD?
What happened at FUNKY-FOOD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 14,102 (▼ € 22,059 vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Hooman Faroudi became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 33,907 loss in 2022 to € 14,102 loss in 2025.
Paid € 5,367 in corporate taxes since 2022.
Best year ever: 2023, with € 18,805 profit.
Management
Behind FUNKY-FOOD is Hooman Faroudi.
Directors
According to the 2025 annual accounts
Hooman Faroudi
Director
since 2003
Establishments
Establishment units
Physical locations of this company
Stationsstraat(Kor) 9 box A
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0862.265.464
- VAT number
- BE 0862.265.464
- Registered office
- Stationsstraat(Kor) 9 bus A, 8500 Kortrijk
- Names & denominations
- FUNKY-FOOD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 2003
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Restaurants van het traditionele type
Eetgelegenheden met volledige bediening