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EIT FOOD

Active
Int'l non-profit associationfounded 20179 yrs activePhilipssite 5, 3001 Leuven, BelgiumKBO/BCE: BE 0672.423.992
Summary

EIT FOOD has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €16.4m and a net result of -€84,330. Equity is growing by ~20.7% per year across the filed fiscal years. Its solvency ranks better than 24% of 8122 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysisWatch ReportCompare
EIT FOODActiveChecked score 93/100
Risk analysis ReportCompare

Overview

Activity
Business and other management consultancy
NACE 70200Business consulting NACE 70220Activities of business and employers' organisations NACE 94110
#1 company by staff growth in Leuven, Professional and technical services sector1 site
Size
€47.9mturnover 2024
Staff
90.7 FTE
Equity
€16.4m
Loss
-€84,330
Financial health
93 Excellent Checked score 2024
Bankruptcy chance 12 m
< 0.1%
Structure
Board
16 members
Accounts 67 d overdue
Why 93- Figures for FY 2024 (filed 19-06-2025)+ Legal form Int'l non-profit association+ Sector Activities of head offices; management consultancy activities (NACE 70)+ Liquidity: current ratio 2.61, cash €16.2m, halvedShow the evidence

Checked score

Score 2024
93 / 100
Excellent
Probability in this band: under 0.55%
Better than 46% of its sector peers (NACE 70, medium-sized)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency 51-14
equity 25.5% of total assets
Liquidity 64-19
short-term debt 37.4% · cash 25.2%
Profitability 19+1
return on assets -0.1%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (797 companies)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● 0.0% vs 11-2024lowest value 01-2025: < 0.1%● 0.0% vs 12-2024lowest value 02-2025: < 0.1%● 0.0% vs 01-2025lowest value 03-2025: < 0.1%● 0.0% vs 02-2025lowest value 04-2025: < 0.1%● 0.0% vs 03-2025lowest value 05-2025: < 0.1%● 0.0% vs 04-2025lowest value 06-2025: < 0.1%● 0.0% vs 05-2025lowest value 07-2025: < 0.1%▲ +18.2% vs 06-2025 08-2025: < 0.1%● 0.0% vs 07-2025 09-2025: < 0.1%● 0.0% vs 08-2025 10-2025: < 0.1%● 0.0% vs 09-2025 11-2025: < 0.1%● 0.0% vs 10-2025 12-2025: < 0.1%● 0.0% vs 11-2025 01-2026: < 0.1%● 0.0% vs 12-2025 02-2026: < 0.1%▼ -7.7% vs 01-2026 03-2026: < 0.1%● 0.0% vs 02-2026 04-2026: < 0.1%▲ +8.3% vs 03-2026 05-2026: < 0.1%● 0.0% vs 04-2026 06-2026: < 0.1%● 0.0% vs 05-2026 07-2026: < 0.1%▲ +7.7% vs 06-2026 08-2026: < 0.1%▲ +28.6% vs 07-2026 09-2026: < 0.1%▲ +11.1% vs 08-2026 10-2026: < 0.1%▲ +30.0% vs 09-2026highest value
  • Legal form Int'l non-profit association lowers the probability
  • Figures for FY 2024 (filed 19-06-2025) raises the probability
  • Sector Activities of head offices; management consultancy activities (NACE 70) lowers the probability
  • Liquidity: current ratio 2.61, cash €16.2m, halved lowers the probability
Credit up to €1,500,000 at 30 days acceptable
Liquidity ample (current ratio 2.61 against 2.67 in 2023; short-term debt: 37.4% and cash: 25.2% of total assets), but 74.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 70, medium-sized). Better than this share of them on solvency 23%, liquidity 90%, profitability 10%, growth against the median 62%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Legal form Int'l non-profit association
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Figures for FY 2024 (filed 19-06-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Sector Activities of head offices; management consultancy activities (NACE 70)
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Liquidity: current ratio 2.61, cash €16.2m, halved
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 8122 sector peers (2024).
NBB · sector comparison
Position among 8122 sector peers
Solvency
better than 24%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
not confirmed
2024
44 d early
2023
41 d early
2022
13 d early
2021
6 d early
2020
31 d late
2019
13 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 10 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Statutes amendment · Resignations & appointmentsState Gazette act
  2. MiscellaneousMerger · Accounting effect ·…
  3. Appointment: Aikaterini Liakopoulou (lid van de…Resignation: Katherine Foster (lid van…

Key points

  • Caution: Among the weakest 7% on net resultsector median €45,608 · 8,124 companies -€84,330 View
  • Positive: Staff rose in 2024from 50.5 FTE to 90.7 FTE ▲ 79.6% View
  • Caution: Accounts not fileddeadline was 31-07-2026 67 d late View
  • Positive: 5 years of growth in a rowturnover 2024: €47.9m 5 years View
  • Branch taken over from EIT FOOD CLC WESTtakeover on 04-08-2025 2025 View
  • EU research moneyEU contribution €311.9m View

By topic

Financials

Fiscal year
2024
Turnover
€47.9m
Loss
-€84,330
Solvency
25.5%
Turnover▲ 28.2%
Net result
20192024
Go to Financials

Timeline

Events
34
Since
2017
  1. 27-05-2026Statutes amendment · Resignations & appointments
  2. 13-08-2025Miscellaneous
  3. 10-07-2025Appointment: Aikaterini Liakopoulou (lid van de supervisory…
Go to Timeline

Company details

Sites
1
Legal form
Int'l non-profit association
Activity
Business and other management consultancyNACE 70200
Founded
15-03-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
57
Purpose
Europa centraal te stellen in een wereldwijde revolutie in de manier waarop voedsel wordt…
Go to Articles of association

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