ACTIVE

MUST FOOD

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Financial year 2025 · Closed on 31/12/2025

Net result40,5 k €+50,9 %over 1 year
Gross margin409,3 k €-7,7 %over 1 year
Equity315,4 k €+14,7 %over 1 year

Identity

Source · BCE/KBO

MUST FOOD is a Private limited company incorporated in 2009. Its main activity is: Restaurants and mobile food service activities. Its registered office is in Bruxelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0817.341.301
Incorporation
27/07/2009
Legal form
Private limited company
Registered office
Boulevard Maurice Lemonnier 2
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 17 filings

Trend over 16 financial years

20252024202320222021
Income statement
Gross margin409,3 k €443,7 k €367 k €341 k €433,6 k €
EBITDA82,1 k €88,1 k €105,3 k €103,5 k €183,4 k €
Operating result66,3 k €56,8 k €69,1 k €58,2 k €114,8 k €
Net result40,5 k €26,8 k €34,1 k €36,8 k €93,7 k €
Balance sheet
Equity315,4 k €274,9 k €248,1 k €232,6 k €195,8 k €
Total assets384 k €447,5 k €427,7 k €371,4 k €328,8 k €
Cash183,6 k €117,7 k €232,7 k €256,8 k €203,6 k €
Debts68,6 k €172,6 k €179,6 k €138,8 k €132,9 k €
Other
Workforce–––11,2 ETP11,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Other companies at this address

Boulevard Maurice Lemonnier 2 1000 Bruxelles
CompanyCBE no.
Association des Copropriétaires "Boulevard Lemonnier 2 " à Bruxelles, boulevard Lemonnier 2● Active
0823.027.380

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/08/202631/08/202531/08/202426/10/202331/08/202226/08/2021
General meeting01/08/202601/08/202531/07/202430/06/202330/06/202231/07/2021
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, 17 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202501/08/202630/08/2026FrenchPDF
Abridged model31/12/202401/08/202531/08/2025FrenchPDF
Abridged model31/12/202331/07/202431/08/2024FrenchPDF
Abridged modelCorrection31/12/202230/06/202326/10/2023FrenchPDF
Abridged model31/12/202230/06/202331/08/2023FrenchPDF
Abridged model31/12/202130/06/202231/08/2022FrenchPDF
Abridged model31/12/202031/07/202126/08/2021FrenchPDF
Abridged model31/12/201910/06/202030/10/2020FrenchPDF
Abridged model31/12/201810/06/201930/09/2019FrenchPDF
Abridged model31/12/201710/06/201830/08/2018FrenchPDF
Abridged model31/12/201610/06/201731/08/2017FrenchPDF
Abridged model31/12/201510/06/201631/08/2016FrenchPDF
Abridged model31/12/201410/06/201521/08/2015FrenchPDF
Abridged model31/12/201310/06/201430/09/2014FrenchPDF
Abridged model31/12/201210/06/201312/08/2013FrenchPDF
Abridged model31/12/201110/06/201210/08/2012FrenchPDF
Abridged model31/12/201010/06/201101/08/2011FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

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.

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other06/05/2025
    EXTRAIT DU PROCES VERBAL DE L’ASSEMBLEE GENERALE EXTRA-
    PDF
  • Mandates08/01/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/05/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Other06/08/2009
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202540,5 k €↑
  2. 2024
    Annual accounts 202426,8 k €↓
  3. 2024
    Name changeMUST FOOD ------ bon dossier
  4. 2023
    Annual accounts 202334,1 k €↓
  5. 2023
    Name changeMUST FOOD ok bon - oui
  6. 2022
    Annual accounts 202236,8 k €↓
  7. 2022
    Name changeMUST FOOD ok bon
  8. 2021
    Annual accounts 202193,7 k €↑
  9. 2021
    Name changeMUST FOOD
  10. 2020
    Annual accounts 2020-58,4 k €↓
  11. 2019
    Annual accounts 201935,3 k €↑
  12. 2018
    Annual accounts 201821,3 k €↓
  13. 2017
    Annual accounts 201741,8 k €↑
  14. 2016
    Annual accounts 201621,9 k €↓
  15. 2015
    Annual accounts 201533,1 k €↑
  16. 2014
    Annual accounts 201428,3 k €↑
  17. 2013
    Annual accounts 2013-48 k €↓
  18. 2012
    Annual accounts 20127,8 k €↓
  19. 2011
    Annual accounts 201121,4 k €↑
  20. 2010
    Annual accounts 2010-22,1 k €
  21. 27/07/2009
    IncorporationPrivate limited company