B.S.
ActiveSummary
B.S. has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1,966) and a net result of €3,244. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 1577 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability57▼-10
Solvency19▲+7
Growth33=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.8 against 0.71 in 2024; short-term debt: 106.1% and cash: 14.1% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Manufacture of food products (NACE 10)
about 60% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-6.1%
Return on assets
10%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 1577 sector peers (2025).
NBB · sector comparisonPosition among 1577 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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
30 d late
2024
26 d late
2023
97 d late
2022
44 d late
2021
248 d late
2020
59 d late
2019
209 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 102 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 13 September (4 of the last 5 filed years within 54 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
€163,677▼ 2.5%
2019 · €167,830
EBIT margin
0.5%▼ 10.8pp
2019 · 11.3%
Net result
€3,244
2024 · -€570
Working capital
-€6,819▲ 47.1%
2024 · -€12,894
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€163,677
Operating result€842▼ 95.2%-€96,547€16,535€6,761▼ 59.1%€10,343▲ 53.0%
Net result-€6,052below the sector's middle half-€98,561below the sector's middle half▼ 1,528%€9,239within the sector's middle half-€570within the sector's middle half€3,244within the sector's middle half
EBIT margin0.5%
Equity€84,897within the sector's middle half▼ 6.4%-€13,879below the sector's middle half-€4,639below the sector's middle half▲ 66.6%-€5,209below the sector's middle half▼ 12.3%-€1,966below the sector's middle half▲ 62.3%
Total assets€118,097within the sector's middle half▲ 27.2%€40,750below the sector's middle half▼ 65.5%€32,824below the sector's middle half▼ 19.5%€38,598below the sector's middle half▲ 17.6%€32,284below the sector's middle half▼ 16.4%
Debt€33,200▲ 1,450%€54,629▲ 64.5%€37,463▼ 31.4%€43,807▲ 16.9%€34,250▼ 21.8%
Working capital€80,605above the sector's middle half▼ 9.2%-€20,860within the sector's middle half-€14,372within the sector's middle half▲ 31.1%-€12,894within the sector's middle half▲ 10.3%-€6,819within the sector's middle half▲ 47.1%
Solvency71.9%above the sector's middle half▼ 25.8pp-34.1%below the sector's middle half▼ 105.9pp-14.1%below the sector's middle half▲ 19.9pp-13.5%below the sector's middle half▲ 0.6pp-6.1%below the sector's middle half▲ 7.4pp
Current ratio4.47above the sector's middle half▼ 37.950.57below the sector's middle half▼ 3.910.61within the sector's middle half▲ 0.040.71within the sector's middle half▲ 0.100.80within the sector's middle half▲ 0.10
Return on assets (ROA)-5.1%below the sector's middle half▼ 13.7pp-241.9%below the sector's middle half▼ 236.7pp28.1%above the sector's middle half▲ 270.0pp-1.5%within the sector's middle half▼ 29.6pp10.0%within the sector's middle half▲ 11.5pp
above
within
below
the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 53% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €32,284
Fixed assets
€4,854 ▼ 36.8%
Current assets
€27,430 ▼ 11.3%
Key figures and ratios
EBITDA
€13,174▲
2024 · €9,592
Cash flow
€6,075▲
2024 · €2,261
Debt to equity
-17.43▼
2024 · -8.41
Interest coverage
3.06▼
2024 · 6.28
Debt ≤ 1 year
€34,250▼
2024 · €43,807
Income taxes
€2,798▼
2024 · €5,803
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,798 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 91% are still going.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
2.5%
went bankrupt
5.3%
stopped otherwise
91%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,798 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €163,677 | - | - | - | - | - |
| Non-recurring operating income76A | - | - | - | €1,157 | €3,761 | ▲ 225% |
| Goods, raw materials, services and sundry goods60/61 | €158,888 | - | - | - | - | - |
| Remuneration, social security and pensions62 | €181 | €694 | €545 | €502 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,320 | €2,808 | €2,831 | €2,831 | €2,831 | = |
| Other operating charges640/8 | €1,339 | €2,048 | €711 | €927 | €1,049 | ▲ 13.2% |
| Non-recurring operating charges66A | €107 | €94,520 | - | €400 | - | - |
| Gross operating margin9900 | €4,789 | €3,524 | €20,621 | €11,421 | €14,223 | ▲ 24.5% |
| Operating profit (loss)9901 | €842 | -€96,547 | €16,535 | €6,761 | €10,343 | ▲ 53.0% |
| Financial income75/76B | €231 | - | €0 | - | - | - |
| Recurring financial income75 | €231 | - | €0 | - | - | - |
| Financial charges65/66B | €7,125 | €1,416 | €2,620 | €1,529 | €4,301 | ▲ 181% |
| Recurring financial charges65 | €7,125 | €1,416 | €2,620 | €1,529 | €4,301 | ▲ 181% |
| Profit (loss) for the period before taxes9903 | -€6,052 | -€97,963 | €13,915 | €5,233 | €6,042 | ▲ 15.5% |
| Income taxes67/77 | - | €598 | €4,675 | €5,803 | €2,798 | ▼ 51.8% |
| Profit (loss) for the period9904 | -€6,052 | -€98,561 | €9,239 | -€570 | €3,244 | ▲ 669% |
| Profit (loss) for the period to be appropriated9905 | -€6,052 | -€98,561 | €9,239 | -€570 | €3,244 | ▲ 669% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €118,097 | €40,750 | €32,824 | €38,598 | €32,284 | ▼ 16.4% |
| Fixed assets21/28 | €14,282 | €13,347 | €10,516 | €7,685 | €4,854 | ▼ 36.8% |
| Tangible fixed assets22/27 | €12,282 | €11,347 | €8,516 | €5,685 | €2,854 | ▼ 49.8% |
| Furniture and vehicles24 | €12,282 | €11,347 | €8,516 | €5,685 | €2,854 | ▼ 49.8% |
| Financial fixed assets28 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Current assets29/58 | €103,815 | €27,403 | €22,308 | €30,913 | €27,430 | ▼ 11.3% |
| Stocks and contracts in progress3 | €1,007 | €1,007 | - | - | - | - |
| Stocks30/36 | €1,007 | €1,007 | - | - | - | - |
| Amounts receivable within one year40/41 | €72,937 | €22,769 | €15,984 | €24,059 | €22,879 | ▼ 4.9% |
| Trade receivables40 | €7,181 | €13,502 | €4,730 | €12,381 | €11,764 | ▼ 5.0% |
| Other amounts receivable41 | €65,756 | €9,267 | €11,254 | €11,678 | €11,115 | ▼ 4.8% |
| Cash at bank and in hand54/58 | €29,872 | €3,627 | €6,324 | €6,854 | €4,551 | ▼ 33.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €118,097 | €40,750 | €32,824 | €38,598 | €32,284 | ▼ 16.4% |
| Equity10/15 | €84,897 | -€13,879 | -€4,639 | -€5,209 | -€1,966 | ▲ 62.3% |
| Contributions10/11 | €6,420 | €6,205 | €6,205 | €6,205 | €6,205 | = |
| Capital10 | €6,420 | - | - | - | - | - |
| Issued capital100 | €18,814 | - | - | - | - | - |
| Uncalled capital101 | €12,395 | - | - | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | €1,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €76,617 | -€21,944 | -€12,705 | -€13,275 | -€10,031 | ▲ 24.4% |
| Amounts payable17/49 | €33,200 | €54,629 | €37,463 | €43,807 | €34,250 | ▼ 21.8% |
| Amounts payable after more than one year17 | €9,990 | €6,366 | €783 | - | - | - |
| Financial debts170/4 | €9,990 | €6,366 | €783 | - | - | - |
| Amounts payable within one year42/48 | €23,210 | €48,263 | €36,680 | €43,807 | €34,250 | ▼ 21.8% |
| Current portion of amounts payable after more than one year42 | €3,674 | €1,715 | €3,433 | €959 | €959 | = |
| Trade debts44 | €17,491 | €42,663 | €29,060 | €33,638 | €25,546 | ▼ 24.1% |
| Suppliers440/4 | €17,491 | €42,663 | €29,060 | €33,638 | €25,546 | ▼ 24.1% |
| Taxes, remuneration and social security45 | €2,045 | €3,884 | €4,187 | €9,210 | €5,385 | ▼ 41.5% |
| Taxes450/3 | €2,045 | €3,884 | €4,187 | €9,210 | €5,385 | ▼ 41.5% |
| Other amounts payable47/48 | €1 | - | - | - | €2,359 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,052 | -€98,561 | €9,239 | -€570 | €3,244 | ▲ 669% |
| + Depreciation and write-downs630 | €2,320 | €2,808 | €2,831 | €2,831 | €2,831 | = |
| Operating cash flow (approximation) | -€3,732 | -€95,754 | €12,070 | €2,261 | €6,075 | ▲ 169% |
| Investment in fixed assets (approximation) | - | -€1,873 | €0 | €0 | €0 | - |
| Change in cash | - | -€26,245 | €2,698 | €530 | -€2,303 | ▼ 535% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
31-12
Financial
Back to profitnet €3,244
Net result €3,244 after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
05-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 97 days late
2023
31-12
Financial
Back to profitnet €9,239
Net result €9,239 after 2 loss-making years.
13-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 44 days late
05-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 248 days late
2022
31-12
Financial
Weakest financial yearnet -€98,561
Net result drops to -€98,561, the lowest in the series; recovery starts the following year.
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
25-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 209 days late
2020
31-12
Financial
Liquidity times 7current ratio 42.42
Current ratio from 6.24 to 42.42; short-term debt falls from €15,409 to €2,142.
2019
31-12
Financial
Highest result since 2018net €9,710 ▲25.8%
Operating result €18,955, net result €9,710, both a record.
Show earlier events
14-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 75 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 143 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Fosses-la-Ville · 1 establishment unit since 1999
Ground area
641 m²
Building footprint
131 m²
Volume, LiDAR
1,041 m³
Parcel 92070A0192/00P000, Wallonia · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue Grande, Le Roux 19, 5070 Fosses-la-Ville
since 19992.092.526.461
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92070A0192/00P000 | Wallonia | 641 m² | 1 · 131 m² | 9.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteFosses-la-Ville2.092.526.461
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Of 4,230 companies in sector 10712 we hold annual accounts for 1,875. 1,592 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded23-09-1999
Fiscal year end31-12
Activities, NACEBEL 2025
10712Artisanal bread and fresh pastry making
47110Non-specialised retail sale with food, beverages or tobacco predominating
47241Retail sale of bread and pastry (bakery outlets)
47279Other retail sale of food
47552Retail sale of lighting equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0466911379
Registered
04-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.