Summary
Conclusion
the dossier summarised in one paragraphThe file of MOSAFOOD contains 4 judicial reorganisations, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is ≥ 25% (high). The 2023 annual accounts show equity of €101 and a net result of €-178k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 23% of 801 sector peers (fiscal year 2023).
Based on the State Gazette, CBE and 4 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone≥ 25%
High
0%0,5%1,5%4%10%≥25%
Recent warning signals
+Judicial reorganisation on record
+Young company
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Insolvency timeline
4 events08-07-2026
Judicial reorganisation
Plan homologation
13-01-2026
Judicial reorganisation
Extension
19-09-2025
Judicial reorganisation
Extension
Showing 3 of 4 signals
Signals
1 signal · with evidenceWeak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 801 sector peers (2023).
View the sector comparison Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Trust signals
1 signalEarlier reorganisation (closed)
Involved in a judicial reorganisation procedure in the past. No current open procedure.
Administrative Flags
No administrative flags
Financials
Turnover€1.63M
EBIT margin1.7%
Net result€-178k
Working capital€-410k-618.7%
Annual accounts & ratios
Source: NBB · 2023Annual accounts filed on 15-03-2025 with the NBB · fiscal year 2023 · volledig
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile
Too volatile to project: the yearly deviation from the trend is ~40% of the level (threshold 35%). We therefore deliberately show no projection line.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2023 · NACE 47, Retail trade · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 0.0% | 18.0% | |
| Net result | €-178k | €12k | |
| Equity | €101 | €82k | |
| Gross operating margin | €38k | €162k | |
| Staff costs | €169k | €187k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P23
Weakening position over 2020-2023
· n=432-801
P7
Weakening position over 2020-2023
· n=433-797
P23
Stable position over 2020-2023
· n=433-802
P25
Stable position over 2020-2023
· n=357-722
Describes the position versus peers, not a forecast.
€1.63M
-
20-23
€-140k
-
far below sector median
€-178k
-
far below sector median
€-152k
-
far below sector median
€844k
+102.7%
-79% vs sector
€101
-99.9%
-100% vs sector
€-410k
-618.7%
far below sector median
7
-
+27% vs sector
€169k
-10.5%
-24% vs sector
€25k
+136.7%
-69% vs sector
€844k
+254.2%
-30% vs sector
€844k
+254.2%
+7% vs sector
€15k
-28.1%
-97% vs sector
0.51
-32.4%
-77% vs sector
0.27
+182.1%
-81% vs sector
0.0%
-100.0%
-100% vs sector
8351.76
+624104.9%
far above sector median
-176144.4%
-
far below sector median
-21.1%
-
far below sector median
0.1%
-
20-23
2.2%
-
20-23
-11.87
-
far below sector median
Figures by fiscal year
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €-140k |
| Net profit | €-178k |
| Cash flow | €-152k |
| Staff costs | €169k |
| Income taxes | - |
| Dividends | - |
| Total assets | €844k |
| Equity | €101 |
| Debt | €844k |
| of which ≤ 1y | €844k |
| of which > 1y | - |
| Working capital | €-410k |
| Employees (FTE) | 7.0 |
Ratios (computed)
| 2023 | |
|---|---|
| Current ratio | 0.51 |
| Quick ratio | 0.27 |
| Working capital ratio | -48.6% |
| Solvency | 0.0% |
| Debt / equity | 8351.76 |
| Long-term debt ratio | - |
| Interest coverage | -11.87 |
| Gross margin | - |
| Net margin | - |
| ROA | -21.1% |
| ROE | -176144.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €844k |
| Fixed assets | 21/28 | €410k |
| Intangible fixed assets | 21 | €46k |
| Tangible fixed assets | 22/27 | €362k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €434k |
| Stocks & contracts in progress | 3 | €206k |
| Amounts receivable within one year | 40/41 | €59k |
| Cash & bank | 54/58 | €145k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €844k |
| Equity | 10/15 | €101 |
| Contributions / capital | 10/11 | €97k |
| Accumulated profits (losses) | 14 | €-97k |
| Amounts payable | 17/49 | €844k |
| Amounts payable within one year | 42/48 | €844k |
| Trade debts payable within one year | 44 | €620k |
| Income statement | ||
| Gross operating margin | 9900 | €38k |
| Operating result | 9901 | €-166k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €12k |
| Result before taxes | 9903 | €-178k |
| Net result for the period | 9904 | €-178k |
| Result to be appropriated | 9905 | €-178k |
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2023 · computed0
/ 100
Critical
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Directors
Directors & mandates
2 directorsCurrent directors & mandates
-
Current20-04-2026 → present
Historic, not recently confirmed (1)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
-
Not recently confirmedlast confirmed in an act from 2020
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen(47110) |
| Legal form | Private limited company(610) |
| Incorporation | 13-11-2019 |
| Status | Active |
| Postal code | 6560 |
| First BS signal | 17-07-2025 |
| Latest BS signal | 08-07-2026 |
Structure & network
Locations & real estate
Establishment units
1 locationMOSAFOOD
since 20192.296.087.295
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area1,003 m²
Buildings2
Building footprint228 m²
Volume (LiDAR)1,051 m³
Tallest building12.4 m · ±3 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56022B0758/00C000 | Wallonia | 859 m² | 1 · 114 m² | - |
| 56033A0632/00F004 | Wallonia | 144 m² | 1 · 114 m² | 12.4 m · 3 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
4 events from the State Gazette08-07-2026
Judicial reorganisation
Plan homologation
13-01-2026
Judicial reorganisation
Extension
19-09-2025
Judicial reorganisation
Extension
17-07-2025
Judicial reorganisation
Opening
Time machine: BS events + macro context
2021-2026Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad · acts
5 acts Capital history · 2
02-06-2025
v3.2
28-03-2022
v3.2
Address history · 1
05-05-2026
Seat change: new: Rue Albert ler 304, 6560 Erquelinnes, old: Place (PIE) 24 -7100 La Louvière, effective: immédiat
All acts · 5
updated 3 months ago
2026
05-05-2026 General meeting · Officer appointment · Officer resignation · Officer discharge
- Filing: 2026-04-24 · MOSAFOOD
- General meeting: 2026-04-20 · MOSAFOOD
- Officer appointment: role: administrateur, term: indéterminée · VISA Ovidiu-loan
- Officer resignation: role: administrateur · HOTAK Amin Bawary
- Officer discharge: role: administrateur · HOTAK Amin Bawary
- Share transfer: shares: 100, company: MOSAFOOD · HOTAK Amin Bawary
- Seat change: new: Rue Albert ler 304, 6560 Erquelinnes, old: Place (PIE) 24 -7100 La Louvière, effective: immédiat · MOSAFOOD
- Share distribution · MOSAFOOD
- Publication: 2026-05-05
- Act object: Nomination d'un administrateur - Démission d'un
Summary:
General meeting · Officer appointment · Officer resignation · Officer discharge
2025
02-06-2025 Transaction in capital or shares
Summary:
v3.2
2022
28-03-2022 Transaction in capital or shares
Summary:
v3.2
2020
13-02-2020 HOTAK Amin Bawary appointed as director
2019
18-11-2019 Incorporation of a new SRL
Summary:
oprichting
Analysis
Snowflake analysis
financial profile on 5 axes18
/ 100
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Health
0
Profitability
0
Solvency
0
Growth
32
Stability
60
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Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector, ranked by comparable sizeCompany registry
Company registry (CBE)
Crossroads BankActivities
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen47110Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)47112
Primary activity highlighted.
Names & trade names
| Legal nameFR | MOSAFOOD |
Registered office
Rue Albert Ier 304
6560 Erquelinnes, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.