Financials
- Fiscal year
- 2025
- Total assets
- €112,146
- Profit
- €14,040
- Solvency
- 76.2%
B.M.D.
ActiveSummary
B.M.D. has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €85,469 and a net result of €14,040. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 87% of 1700 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Artisanal bread and fresh pastry making
NACE 10712NACE 15812
1 site
Size
€112,146total assets 2025
- Equity
- €85,469
- Profit
- €14,040
Turnover not published (abridged schema)
Structure
Accounts filed 27 d late
Why 97- Sector Manufacture of food products (NACE 10)+ Liquidity: current ratio 4.26, cash €28,980+ Founded in 1989+ Equity €85,469 (76.2% of total assets)Show the evidence
Checked score
Score 2025
97
/ 100
Excellent
Probability in this band: under 0.55%
Better than 78% of its sector peers (NACE 10, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
100+10
equity 76.2% of total assets
Liquidity
74+16
short-term debt 23.4% · cash 25.8%
Profitability
84+7
return on assets 12.5%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 15 months
08-2025: 1.3%highest value
09-2025: 0.2%▼ -87.8% vs 08-2025
10-2025: 0.2%● 0.0% vs 09-2025
11-2025: 0.2%● 0.0% vs 10-2025
12-2025: 0.2%● 0.0% vs 11-2025
01-2026: 0.2%● 0.0% vs 12-2025
02-2026: 0.2%▼ -2.5% vs 01-2026
03-2026: 0.2%● 0.0% vs 02-2026
04-2026: 0.2%▲ +9.0% vs 03-2026
05-2026: 0.2%▼ -1.2% vs 04-2026
06-2026: 0.2%▼ -3.6% vs 05-2026
07-2026: 0.2%▲ +16.7% vs 06-2026
08-2026: 0.4%▲ +86.8% vs 07-2026
09-2026: 0.1%▼ -70.5% vs 08-2026lowest value
10-2026: 0.1%● 0.0% vs 09-2026lowest value
- Sector Manufacture of food products (NACE 10) raises the probability
- Liquidity: current ratio 4.26, cash €28,980 lowers the probability
- Founded in 1989 lowers the probability for this profile
- Equity €85,469 (76.2% of total assets) lowers the probability
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 4.26 against 2.87 in 2024; short-term debt: 23.4% and cash: 25.8% of total assets), and 23.8% 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 10, micro). Better than this share of them on solvency 93%, liquidity 79%, profitability 75%, growth against the median 67%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. 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
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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
27 d late
2024
26 d late
2023
28 d late
2022
27 d late
2021
31 d late
2020
25 d late
2019
67 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 33 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Highest result since 2018net €14,040 ▲88.7%
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 14
- Since
- 2017
- Next accounts
- by 31-07-2027
- 27-08-2026Annual accounts filed
- 31-12-2025Highest result since 2018
- 26-08-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Artisanal bread and fresh pastry makingNACE 10712
- Founded
- 09-03-1989
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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