Active · per the CBE, 30 September 2026

NASSAR KING FOODS

BE0874489048

Rechtspersoon Private limited company 3 establishments

NASSAR KING FOODS is a hospitality business in Elsene. Private Limited, started on 15 June 2005, 3 establishments.

Vleurgatse Steenweg 324, 1050 Elsene

Active for

21 year, 3 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 38 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

NASSAR KING FOODS from Elsene, company number BE0874489048, closed financial year 2025 with a result of € 173,314 after tax. For that financial year NASSAR KING FOODS recorded a gross margin of € 1.9 million and equity of € 2.4 million. Compared with financial year 2024, the result moved from € 456,390 to € 173,314. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.

What it is worth Growing

€ 2.4 million

▲ 7% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 173,314

▼ 62% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 82,748

▼ 11% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 2.3 million.

People and assets in 2025

Full-time equivalents

29.9

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.3 million

▲ 3% vs 2024

€ 44,000 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.

Vehicles and equipment

€ 203,952

▼ 23% vs 2024

Of which on lease € 60,000.

Debts at end 2025

Bank debt ≈ 8 years to go

€ 243,875

▲ 8% vs 2024

€ 24,490 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 562,171

▲ 32% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 866,120

▲ 7% vs 2024

Taxes, VAT and social contributions still to pay.

Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 1,439,845 € 1,973,139 € 2,180,926 € 1,898,541 ▼ 13%
Profit after taxes € 284,716 € 426,665 € 456,390 € 173,314 ▼ 62%
Equity € 1,622,732 € 1,915,459 € 2,207,912 € 2,367,289 ▲ 7%
Total debts € 1,513,109 € 1,673,057 € 1,769,596 € 1,884,665 ▲ 7%
Cash € 81,529 € 107,777 € 92,605 € 82,748 ▼ 11%
Retained profit € 1,516,470 € 1,823,135 € 2,129,525 € 2,302,839 ▲ 8%
Dividend € 0 € 120,000 € 150,000 € 0 ▼ 100%
Bank debt € 273,741 € 206,311 € 225,147 € 243,875 ▲ 8%
Balance sheet total € 3,135,841 € 3,588,516 € 3,977,508 € 4,251,954 ▲ 7%
Employees (FTE) 29.3 - - 29.9

Key figures of NASSAR KING FOODS, 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 NASSAR KING FOODS?

What happened at NASSAR KING FOODS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 173,314 (▼ 62% vs 2024). filed late Source: NBB ↗
  • New establishment in Elsene. KBO
  • New establishment in Elsene. KBO
  • New establishment in Elsene. KBO
  • Start of the company according to the CBE. KBO

In short

From € 284,716 profit in 2022 to € 173,314 profit in 2025.

Paid € 451,350 in corporate taxes since 2022.

Best year ever: 2024, with € 456,390 profit.

On average € 63,500 of value added per employee in 2025.

Establishments

Establishment units

Physical locations of this company

Registered office

Vleurgatse Steenweg 324

1050 Elsene

2.296.338.507

Vleurgatse Steenweg 322

1050 Elsene

Active since 5 December 2019

2.296.338.606

Generaal Pattonstraat 2

1050 Elsene

Active since 5 December 2019

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.

Details

Company number
0874.489.048
VAT number
BE 0874.489.048
Registered office
Vleurgatse Steenweg 324, 1050 Elsene
Names & denominations
NASSAR KING FOODS
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
15 June 2005
Peppol
Active · Active since 12 Feb 2025
Activities · NACE

Activiteiten van eetgelegenheden met volledige bediening

Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden

Fastfoodzaken, snackbars, frituren en dergelijke

Eetgelegenheden met beperkte bediening

Frequently asked questions

What does NASSAR KING FOODS do?
NASSAR KING FOODS is a hospitality business in Elsene. Private Limited, started on 15 June 2005, 3 establishments.
What is the address of NASSAR KING FOODS?
The registered office of NASSAR KING FOODS is located at Vleurgatse Steenweg 324, 1050 Elsene.
Is NASSAR KING FOODS still active?
Yes. According to the CBE (30 September 2026) NASSAR KING FOODS is active, legal situation “Normale toestand”, started on 15 June 2005.
Is NASSAR KING FOODS registered on Peppol?
Yes, NASSAR KING FOODS is registered on the Peppol network with ID 0208:0874489048.
What is the enterprise number of NASSAR KING FOODS?
The enterprise number of NASSAR KING FOODS is BE0874489048.
When was NASSAR KING FOODS founded?
NASSAR KING FOODS was founded on 15 June 2005.