Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FAINFOOD from Lievegem, company number BE0897967996, closed financial year 2025 with a result of € -199,717 after tax. For that financial year FAINFOOD recorded a gross margin of € -503,897 and equity of € 7.6 million. Compared with financial year 2024, the result moved from € -185,328 to € -199,717. 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 August 31, 2026.
€ 7.6 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -199,717
▼ 8 % more loss than in 2024
Profit after tax over the fiscal year.
€ 452,157
▲ € 399,112 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -804,424.
Debts at end 2025
€ 1.5 million
▼ 13% vs 2024
€ 228,834 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 58,813
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -563,659 | € -461,609 | € -532,555 | € -503,897 | ▲ € 28,659 |
| Profit after taxes | € -55,865 | € 169,859 | € -185,328 | € -199,717 | ▼ € 14,389 |
| Equity | € 7,768,762 | € 7,938,621 | € 7,753,293 | € 7,553,576 | ▼ 3% |
| Total debts | € 7,685,986 | € 11,483,203 | € 9,156,147 | € 9,029,281 | ▼ 1% |
| Cash | € 202,535 | € 687,135 | € 53,044 | € 452,157 | ▲ € 399,112 |
| Retained profit | € -589,238 | € -419,379 | € -604,707 | € -804,424 | ▼ € 199,717 |
| Bank debt | € 0 | € 1,750,000 | € 1,732,186 | € 1,513,229 | ▼ 13% |
| Balance sheet total | € 15,454,748 | € 19,421,823 | € 16,909,440 | € 16,582,857 | ▼ 2% |
Key figures of FAINFOOD, 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 FAINFOOD?
What happened at FAINFOOD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 199,717. filed late Source: NBB ↗
- New establishment in Lievegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 55,865 loss in 2022 to € 199,717 loss in 2025.
Paid € 0 in corporate taxes since 2022.
Best year ever: 2023, with € 169,859 profit.
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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
Behind FAINFOOD are DUGGAN ASSOCIATES BV, CONSULTING DEN BERG 127 BV, INFINITY BUSINESS CONSULTING BV, BEST CONSULT BV and André De Spiegeleire. It owns 90% of MARMO GROUP, 50% of MEAT MEETS MEAT (M3), 50% of LOCALTOMORROW, 28.6% of BILLY and 12.5% of GREENWAY FOODS HOLDING itself.
Directors
According to the 2025 annual accounts
Director · represented by Luc Haegemans
Also active at: FAMDES, BROUWERIJ DER TRAPPISTEN VAN WESTMALLE, TWEEPERENBOOM, Fortino Capital Growth PE I ARKIV
Director · represented by Philippe Guns
INFINITY BUSINESS CONSULTING BV
Director · represented by Fabienne De Spiegeleire
Also active at: BOTERHOEK, FAMDES, LOCALTOMORROW, MEAT MEETS MEAT
Managing director · represented by Joseph De Spiegeleire
Also active at: Vleeswarenfabriek Favorit, MARMO, ERNELL, SALAISON DU CONDROZ-MARCOTTY, MARMO GROUP, ALZ INVEST, MEAT MEETS MEAT
Establishments
Establishment units
Physical locations of this company
Grote Baan 196
9920 Lievegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →BEST CONSULT same network
€ 23,269 gross margin · 2025
BOTERHOEK same network
€ -224,547 gross margin · 2025
FAMDES same network
€ -1.1 million gross margin · 2025
MARMO GROUP same network
€ 165,233 gross margin · 2025
Belaudio
€ 49,128 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0897.967.996
- VAT number
- BE 0897.967.996
- Registered office
- Grote Baan 196, 9920 Lievegem
- Names & denominations
- FAINFOOD
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 May 2008
- Peppol
- Active · Active since 30 Aug 2023
- Activities · NACE
Activiteiten van holdings
Holdings
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