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.
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Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2025; threshold 65 %.
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Legal situation KBO
Vrijwillige ontbinding – vereffening according to the CBE.
Financials
Financial year 2025
GEL FOOD from Welkenraedt, company number BE0871391184, closed financial year 2025 with a result of € -6,627 after tax. For that financial year GEL FOOD recorded a gross margin of € -698 and equity of € -334,636. Compared with financial year 2024, the result moved from € 25,828 to € -6,627. 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 June 1, 2026.
€ -334,636
▼ € 6,627 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,627
▼ still € 25,828 profit in 2024
Profit after tax over the fiscal year.
€ 81,316
▲ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -403,236.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 125,075
▲ 4% vs 2024
€ 38,966 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 146,708
Supplier invoices still open on the last day of the fiscal year.
€ 97,405
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -23,005 | € -1,491 | € 3,229 | € -698 | ▼ € 3,927 |
| Profit after taxes | € -38,528 | € -8,163 | € 25,828 | € -6,627 | ▼ € 32,455 |
| Equity | € -345,674 | € -353,837 | € -328,009 | € -334,636 | ▼ € 6,627 |
| Total debts | € 448,500 | € 443,523 | € 447,216 | € 452,545 | ▲ 1% |
| Cash | € 1,854 | € 21,722 | € 74,992 | € 81,316 | ▲ 8% |
| Retained profit | € -414,274 | € -422,437 | € -396,609 | € -403,236 | ▼ € 6,627 |
| Bank debt | € 108,618 | € 115,004 | € 120,241 | € 125,075 | ▲ 4% |
| Balance sheet total | € 115,326 | € 102,186 | € 119,207 | € 117,909 | ▼ 1% |
Key figures of GEL 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 March 2027.
What happened to GEL FOOD?
What happened at GEL FOOD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
GEL FOOD is active according to the CBE. Legal situation: Vrijwillige ontbinding – vereffening.
- New annual accounts for financial year 2025: loss of € 6,627 (▼ € 32,455 vs 2024). filed late Source: NBB ↗
- François Frédérick became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Welkenraedt. KBO
In short
From € 38,528 loss in 2022 to € 6,627 loss in 2025.
Paid € 29 in corporate taxes since 2022.
Best year ever: 2024, with € 25,828 profit.
A new publication or filing at GEL FOOD? 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 2025 annual accounts
François Frédérick
Liquidator
since 2021
Establishments
Establishment units
Physical locations of this company
Rue Léon Crosset 51
4841 Welkenraedt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0871.391.184
- VAT number
- BE 0871.391.184
- Registered office
- Rue Léon Crosset 51, 4841 Welkenraedt
- Names & denominations
- GEL FOOD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Vrijwillige ontbinding – vereffening
- Start date
- 21 January 2005
- Peppol
- Not registered
- Activities · NACE
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