Food Associates Group
0689.609.424 · rovalta.com · 22/09/2026
ACTIVE
Food Associates Group
Financial year 2025 · closed on 31/12/2025
Net result
-230 k €
-162.0% YoY
Revenue
3,6 M €
-4.8% YoY
Equity
24,3 M €
-0.9% YoY
Workforce
17,5 ETP
-1.7% YoY
Overview
What does Food Associates Group do?
Food Associates Group is a Public limited company incorporated in 2018. Its main activity is: Activities of holding companies. Its registered office is in Ieper. It employs on average 17,5 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0689.609.424
Incorporation
31/01/2018
Legal form
Public limited company
Registered office
Rozendaalstraat 65
8900 Ieper · FlandreSee on map
8900 Ieper · FlandreSee on map
Contributed capital
23 664 000,00 €
Latest accounts
31/12/2025
Average workforce
17,5 ETP
Activities (NACE)
Joint committees (1)
- 200
Signals
Solid equityLow riskGood liquidityHealthy social debtsHigh revenue
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Financials
Trend over 8 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||
| Revenue | 3,6 M € | -4.8% | 3,8 M € | +5.2% | 3,6 M € | +11.4% | 3,2 M € | +2.8% | 3,2 M € | +2.8% | 3,1 M € | -7.9% | 3,3 M € | +52.4% | 2,2 M € |
| EBITDA | -87 k € | -116% | 550,2 k € | -24.2% | 725,5 k € | +555% | 110,8 k € | +32.8% | 83,5 k € | +711% | 10,3 k € | -94.7% | 192,5 k € | +210% | -175,1 k € |
| Operating result | -137,9 k € | -128% | 492,6 k € | -24.5% | 652,1 k € | +1971% | 31,5 k € | +127% | 13,9 k € | +130% | -46,6 k € | -130% | 156,1 k € | +182% | -189,8 k € |
| Net result | -230 k € | -162% | 371,2 k € | -28.3% | 518 k € | +1862% | 26,4 k € | +176% | 9,6 k € | -95.3% | 204,6 k € | +41.5% | 144,6 k € | +135% | -416,2 k € |
| Balance sheet | |||||||||||||||
| Equity | 24,3 M € | -0.9% | 24,5 M € | +1.5% | 24,2 M € | +2.2% | 23,6 M € | +0.1% | 23,6 M € | +0.0% | 23,6 M € | +0.9% | 23,4 M € | +0.6% | 23,2 M € |
| Total assets | 28,4 M € | +3.5% | 27,4 M € | +1.5% | 27 M € | +5.9% | 25,5 M € | +1.8% | 25,1 M € | -0.7% | 25,2 M € | +4.2% | 24,2 M € | -3.3% | 25 M € |
| Cash | 162,4 k € | +64.4% | 98,8 k € | -39.2% | 162,5 k € | +211% | 52,2 k € | -33.4% | 78,3 k € | -33.9% | 118,5 k € | +172% | 43,5 k € | -70.1% | 145,3 k € |
| Debts | 4,1 M € | +41.2% | 2,9 M € | +8.3% | 2,7 M € | +53.6% | 1,7 M € | +41.9% | 1,2 M € | -5.1% | 1,3 M € | +56.6% | 818,9 k € | -54.5% | 1,8 M € |
| Other | |||||||||||||||
| Workforce | 17,5 ETP | -1.7% | 17,8 ETP | -2.2% | 18,2 ETP | +8.3% | 16,8 ETP | +5.7% | 15,9 ETP | -9.7% | 17,6 ETP | +9.3% | 16,1 ETP | +9.5% | 14,7 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 10 ended
Active mandates
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
Bio Bakkerij De Trog● Active | 0459.219.972 |
DELISOL● Active | 0479.382.413 |
GEBEA● Active | 0435.956.107 |
GROEP DE TROG● Active | 0537.692.576 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 17/08/2026 | 14/08/2025 | 20/08/2024 | 28/06/2023 | 30/06/2022 | 30/06/2021 |
| General meeting | 23/06/2026 | 24/06/2025 | 25/06/2024 | 27/06/2023 | 28/06/2022 | 05/06/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
9 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 23/06/2026 | 17/08/2026 | Dutch | |
| Full model | 31/12/2024 | 24/06/2025 | 14/08/2025 | Dutch | |
| Full model | 31/12/2023 | 25/06/2024 | 20/08/2024 | Dutch | |
| Full model | 31/12/2022 | 27/06/2023 | 28/06/2023 | Dutch | |
| Full model | 31/12/2021 | 28/06/2022 | 30/06/2022 | Dutch | |
| Full model | 31/12/2020 | 05/06/2021 | 30/06/2021 | Dutch | |
| Full modelCorrection | 31/12/2019 | 14/08/2020 | 05/11/2020 | Dutch | |
| Full model | 31/12/2019 | 14/08/2020 | 04/09/2020 | Dutch | |
| Full model | 31/12/2018 | 31/05/2019 | 25/06/2019 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 2,5 M€ and 5 M€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 10 ended
Active mandates
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Restructuring29/07/2025STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring30/05/2025RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
- Mandates08/10/2024ONTSLAGEN - BENOEMINGEN
- Mandates21/09/2023ONTSLAGEN - BENOEMINGEN
- Mandates06/05/2022ONTSLAGEN - BENOEMINGEN
- Mandates18/07/2019ONTSLAGEN - BENOEMINGEN
- Mandates30/11/2018ONTSLAGEN - BENOEMINGEN
- Other27/02/2018STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-230 k €↓
- 2024Annual accounts 2024371,2 k €↓
- 2023Annual accounts 2023518 k €↑
- 2022Annual accounts 202226,4 k €↑
- 2021Annual accounts 20219,6 k €↓
- 2020Annual accounts 2020204,6 k €↑
- 2019Annual accounts 2019144,6 k €↑
- 2018Annual accounts 2018-416,2 k €
- 31/01/2018IncorporationPublic limited company