NORMAL SITUATION

Food Associates

Company — Normal situation.

Financial year 2024 · Closed on 31/12/2024

Net result-98,7 k €+2,1 %over 1 year
Revenue371,2 €+11,2 %over 1 year
Equity1,2 M €-7,8 %over 1 year

Identity

Source · BCE/KBO

Food Associates is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0454.565.457
Legal form
Public limited company
Contributed capital
297 328,13 €
Latest accounts
31/12/2024
Joint committees (1)
  • 218
Signals
Solid equityGood liquidityPositive EBITDA

Financials

Source · NBB, 29 filings

Trend over 18 financial years

20242023202220212020
Income statement
Revenue371,2 €333,7 €1,2 k €–663,2 €
EBITDA16,8 k €-1,9 k €1,9 k €3,9 k €-24,7 k €
Operating result16,8 k €-1,9 k €1,9 k €3,9 k €-24,7 k €
Net result-98,7 k €-100,8 k €-27,9 k €-26,4 k €-61,7 k €
Balance sheet
Equity1,2 M €1,3 M €1,4 M €1,4 M €1,4 M €
Total assets3,7 M €3,8 M €3,9 M €3,8 M €3,8 M €
Cash19,9 k €129,2 k €75,4 k €91,5 k €112,5 k €
Debts2,5 M €2,5 M €2,6 M €2,4 M €2,4 M €
Other
Workforce–––––

Board of directors

Source · NBB, accounts to 31/12/2024

4 active · 44 ended

Active mandates

Pain & Company

Managing director · since 19 juin 2024 · until 19 juin 2030 · 0890.471.183

Represented by Hendrik DURNEZ

Active
TERRE & MER

Director · since 19 juin 2024 · until 19 juin 2030 · 0863.704.232

Represented by Stijn SWITTEN

Active
Tradition KD

Director · since 24 mars 2020 · until 01 juin 2024 · 0719.440.090

Represented by Kurt DEJONCKHEERE

Active
Sofacq Gallery

Director · since 16 juin 2018 · until 01 juin 2024 · 0432.579.121

Represented by Peter RODRIGUES

Active

Ended mandates

Pain & Company

Managing director · since 16 juin 2018 · until 01 juin 2024 · 0890.471.183

Represented by Hendrik DURNEZ

Ended
Pain & Company

Managing director · since 16 juin 2018 · until 01 juin 2024 · 0890.471.183

Represented by Hendrik DURNEZ

Ended
Sofacq Gallery

Managing director · since 16 juin 2018 · until 01 juin 2024 · 0432.579.121

Represented by Peter RODRIGUES

Ended
TERRE & MER

Managing director · since 16 juin 2018 · until 01 juin 2024 · 0863.704.232

Represented by Stijn SWITTEN

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/07/202520/06/202406/06/202307/06/202230/06/202104/09/2020
General meeting07/06/202501/06/202403/06/202304/06/202205/06/202114/08/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 29 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202407/06/202508/07/2025DutchPDF
Full model31/12/202301/06/202420/06/2024DutchPDF
Full model31/12/202203/06/202306/06/2023DutchPDF
Full model31/12/202104/06/202207/06/2022DutchPDF
Full model31/12/202005/06/202130/06/2021DutchPDF
Full model31/12/201914/08/202004/09/2020DutchPDF
Full model31/12/201831/05/201925/06/2019DutchPDF
Full model31/12/201719/06/201820/06/2018DutchPDF
Full model31/12/201617/07/201719/07/2017DutchPDF
Full model31/12/201507/05/201609/05/2016DutchPDF
Full model31/12/201423/03/201502/04/2015DutchPDF
Full model31/12/201310/06/201416/06/2014DutchPDF
Full model31/12/201211/05/201330/05/2013DutchPDF
Full model31/12/201114/07/201219/07/2012DutchPDF
Full model31/12/201016/07/201120/07/2011DutchPDF
Abridged model30/06/200930/01/201027/02/2010DutchPDF
Abridged model30/06/200820/09/200816/02/2009DutchPDF
Abridged model30/06/200715/09/200707/12/2007DutchPDF
Abridged model31/12/200502/05/200603/07/2006DutchPDF
Abridged model31/12/200404/06/200505/10/2005DutchPDF
Abridged model31/10/200309/04/200410/05/2004DutchPDF
Abridged model31/10/200211/04/200309/05/2003DutchPDF
Abridged model31/10/200112/04/200203/06/2002DutchPDF
Abridged model31/10/200013/04/200103/05/2001DutchPDF

View all 29 filings

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2024

4 active · 44 ended

Active mandates

Pain & Company

Managing director · since 19 juin 2024 · until 19 juin 2030 · 0890.471.183

Represented by Hendrik DURNEZ

Active
TERRE & MER

Director · since 19 juin 2024 · until 19 juin 2030 · 0863.704.232

Represented by Stijn SWITTEN

Active
Tradition KD

Director · since 24 mars 2020 · until 01 juin 2024 · 0719.440.090

Represented by Kurt DEJONCKHEERE

Active
Sofacq Gallery

Director · since 16 juin 2018 · until 01 juin 2024 · 0432.579.121

Represented by Peter RODRIGUES

Active

Ended mandates

Pain & Company

Managing director · since 16 juin 2018 · until 01 juin 2024 · 0890.471.183

Represented by Hendrik DURNEZ

Ended
Pain & Company

Managing director · since 16 juin 2018 · until 01 juin 2024 · 0890.471.183

Represented by Hendrik DURNEZ

Ended
Sofacq Gallery

Managing director · since 16 juin 2018 · until 01 juin 2024 · 0432.579.121

Represented by Peter RODRIGUES

Ended
TERRE & MER

Managing director · since 16 juin 2018 · until 01 juin 2024 · 0863.704.232

Represented by Stijn SWITTEN

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Dissolution29/07/2025
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring30/05/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Mandates08/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/05/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/05/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/07/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/02/2018
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-98,7 k €↑
  2. 2023
    Annual accounts 2023-100,8 k €↓
  3. 2022
    Annual accounts 2022-27,9 k €↓
  4. 2021
    Annual accounts 2021-26,4 k €↑
  5. 2020
    Annual accounts 2020-61,7 k €↓
  6. 2019
    Annual accounts 2019438 k €↑
  7. 2018
    Annual accounts 2018399,7 k €↑
  8. 2017
    Annual accounts 2017284,2 k €↓
  9. 2016
    Annual accounts 2016428,5 k €↓
  10. 2015
    Annual accounts 2015752,8 k €↑
  11. 2014
    Annual accounts 201415,8 k €↓
  12. 2013
    Annual accounts 2013681,9 k €↑
  13. 2012
    Annual accounts 2012505,9 k €↓
  14. 2011
    Annual accounts 2011612,8 k €↓
  15. 2010
    Annual accounts 2010857,1 k €↑
  16. 2009
    Annual accounts 2009395,2 k €↓
  17. 2008
    Annual accounts 2008540,2 k €↑
  18. 2007
    Annual accounts 2007379,1 k €