KING FOOD SERVICES
Open bankruptcySummary
A bankruptcy procedure is open for KING FOOD SERVICES according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €22k and a net result of €36k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-10-2025, 62 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
62 d late
2023
190 d late
2022
22 d late
2021
29 d late
2020
27 d late
2019
26 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€49k▼ 13.0%
2019 · €56k
2018: €45k
2019: €56k
2018 → 2020
EBIT margin
10.4%▲ 8.2pp
2019 · 2.2%
2018: 1.7%
2019: 2.2%
2018 → 2020
Net result
€36k
2023 · €-21k
2018: €768
2019: €1k
2020: €5k
2021: €2k
2022: €-2k
2023: €-21k
2018 → 2024
Working capital
€33k
2023 · €-16k
2018: €-2k
2019: €-284
2020: €5k
2021: €7k
2022: €2k
2023: €-16k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€49k-
Equity€6k-€8k▲ 35.1%€7k▼ 21.1%€-15k€22k
Operating result€5k-€2k▼ 53.8%€-2k€-21k▼ 1,196%€38k
Net result€5k-€2k▼ 55.1%€-2k€-21k▼ 1,104%€36k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €38k after a loss of €21k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €91k
Fixed assets
€15k ▲ 810%
Current assets
€76k ▲ 1,136%
Equity and liabilities €91k
Equity
€22k
Debt
€69k
Debt finances 76.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€39k▲
2023 · €-18k
Cash flow
€37k▲
2023 · €-18k
Current ratio
1.77▲
2023 · 0.28
Debt to equity
3.21▲
2023 · -1.53
ROE
167.4%
ROA
39.8%▲
2023 · -271.3%
Interest coverage
21.78▲
2023 · -43.58
Debt ≤ 1 year
€43k▲
2023 · €22k
Debt > 1 year
€26k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€8k€91k▲
Fixed assets21/28€2k€15k▲
Tangible fixed assets22/27-€4k
Furniture and vehicles24-€4k
Financial fixed assets28€2k€11k▲
Current assets29/58€6k€76k▲
Amounts receivable after more than one year29-€44k
Other amounts receivable291-€44k
Amounts receivable within one year40/41€5k€23k▲
Trade receivables40€5k€19k▲
Other amounts receivable41€612€4k▲
Cash at bank and in hand54/58€747€10k▲
Equity and liabilities
Total equity and liabilities10/49€8k€91k▲
Equity10/15€-15k€22k▲
Contributions10/11€15k€15k=
Profit (loss) carried forward14€-30k€6k▲
Amounts payable17/49€22k€69k▲
Amounts payable after more than one year17-€26k
Financial debts170/4-€26k
Amounts payable within one year42/48€22k€43k▲
Current portion of amounts payable after more than one year42-€7k
Trade debts44€7k€13k▲
Suppliers440/4€7k€13k▲
Taxes, remuneration and social security45€10k€23k▲
Taxes450/3€10k€23k▲
Other amounts payable47/48€5k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€840▼
Other operating charges640/8-€5k
Gross operating margin9900€-18k€44k▲
Operating profit (loss)9901€-21k€38k▲
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€407€2k▲
Recurring financial charges65€407€2k▲
Profit (loss) for the period before taxes9903€-21k€36k▲
Profit (loss) for the period9904€-21k€36k▲
Profit (loss) for the period to be appropriated9905€-21k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-30k€6k▲
Profit (loss) brought forward from the previous period14P€-9k€-30k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
07-04
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · KING FOOD SERVICES SRL RUE DU MOULIN 128, 4020 LIEGE 2 · event 30-03-2026
2025
01-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 62 days late
06-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 190 days late
2024
31-12
Financial
Back to profitnet €36k
Net result €36k after 2 loss-making years.
31-12
Financial
Liquidity times 6current ratio 1.77
Current ratio from 0.28 to 1.77.
2023
31-12
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 26 days late
2019
17-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 17 days late
2018
11-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 11 days late
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 17 days late
2015
26-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 26 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue du Moulin 1284020 LiègeGround area
94 m²
Building footprint
87 m²
Volume, LiDAR
1,157 m³
Parcel 62020A0494/00B002, Wallonia · tallest building 14.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
KING FOOD SERVICES
since 20102.188.226.067
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62020A0494/00B002 | Wallonia | 94 m² | 1 · 87 m² | 14.2 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | PIERRE-FRANCOIS BOURLET CHAUSSEE DU ROI
ALBERT 16, 4432 ALLEUR |
30-03-2026 → present |
| Curator | PIERRE DUSART AVENUE CONSTANTIN DE GERLACHE 41, 4000 LIEGE 1- |
30-03-2026 → present |
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Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 8,147 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded22-04-2010
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
46190Agents in non-specialised wholesale trade
46900Non-specialised wholesale trade
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.