Financials
Financial year 2025
Food For Design from Kortrijk, company number BE0895897245, closed financial year 2025 with a result of € -42,771 after tax. For that financial year Food For Design recorded a gross margin of € -28,087 and equity of € 175,811. Compared with financial year 2024, the result moved from € 28,465 to € -42,771. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 175,811
▼ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -42,771
▼ still € 28,465 profit in 2024
Profit after tax over the fiscal year.
€ 24,676
▼ 68% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 169,611.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 156
▼ 63% vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 7,802
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 83,344
▼ 11% vs 2024
€ 10,808 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 2,349
▲ € 2,127 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,483
▼ 70% 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 | € 62,002 | € 81,410 | € 57,511 | € -28,087 | ▼ € 85,599 |
| Profit after taxes | € 35,163 | € 40,675 | € 28,465 | € -42,771 | ▼ € 71,235 |
| Equity | € 161,990 | € 190,117 | € 218,581 | € 175,811 | ▼ 20% |
| Total debts | € 219,082 | € 170,506 | € 110,748 | € 90,852 | ▼ 18% |
| Cash | € 9,999 | € 158,134 | € 78,268 | € 24,676 | ▼ 68% |
| Land & buildings | € 106,400 | € 99,200 | € 92,000 | € 84,800 | ▼ 8% |
| Retained profit | € 155,790 | € 183,917 | € 212,381 | € 169,611 | ▼ 20% |
| Dividend | € 0 | € 12,549 | € 0 | € 0 | |
| Bank debt | € 114,768 | € 104,458 | € 93,984 | € 83,344 | ▼ 11% |
| Balance sheet total | € 381,073 | € 360,623 | € 329,329 | € 266,663 | ▼ 19% |
Key figures of Food For Design, 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 Food For Design?
What happened at Food For Design in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 42,771 (▼ € 71,235 vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 35,163 profit in 2022 to € 42,771 loss in 2025.
Paid € 47,657 in corporate taxes since 2022.
Best year ever: 2023, with € 40,675 profit.
Paid out € 12,549 in dividends to the owners in total.
Management
Behind Food For Design is Bernard Lahousse. Bernard Lahousse is also behind Siiqoia Ventures and FOODPAIRING.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Watermolenstraat(Kor) 49
8500 Kortrijk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0895.897.245
- VAT number
- BE 0895.897.245
- Registered office
- Watermolenstraat(Kor) 49, 8500 Kortrijk
- Names & denominations
- Food For Design
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 February 2008
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
Overige zakelijke dienstverlening, neg
Teelt van oliehoudende vruchten
Overige vormen van onderwijs
Teelt van specerijgewassen en van aromatische en medicinale gewassen
Teelt van groenten, meloenen en wortel- en knolgewassen