Checked.be
Active
BE 0790.497.243Private limited company
BAGUETTE BAR
Kortrijkstraat 202 ·8560 Wevelgem, Belgium· 3 yrs active
Sector: Detailhandel in brood en banketbakkerswerk (koude bakkers)
(47241)
Conclusion
The computed 12-month bankruptcy probability of BAGUETTE BAR is 3.2% (moderate). The 2024 annual accounts show negative equity (€-30k) and a net result of €-2k. Its solvency ranks better than 22% of 6720 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €-30k |
| Net result | €-2k |
| Staff (FTE) | 0.2 |
| Better than sector | 22% |
Financial profile
52
/ 100
Mixed profile: strong on stability, weaker on solvency.
All 5 axes are computed from data Checked has read.
Health
34
Profitability
41
Solvency
33
Growth
58
Stability
94
Bankruptcy probability (12 mo)
3.2%
Moderate
0%0,5%1,5%4%10%≥25%
Young company
+Annual accounts: weaker financial profile
+Higher-failure-rate sector
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Risk Assessment
0 / 100
Low riskTrust signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer
34
/ 100
Weak
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 25-08-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -10.0% | 20.4% | |
| Net result | €-2k | €4k | |
| Equity | €-30k | €16k | |
| Gross operating margin | €55k | €24k | |
| Staff costs | €554 | €33k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€372k
-
23-24
€50k
+481.9%
23-24
€-2k
+93.8%
23-24
€35k
-
23-24
€301k
-7.5%
23-24
€-30k
-7.5%
23-24
€-45k
+9.5%
23-24
0
-
23-24
Show 14 other metrics
€554
-
23-24
€313
+71.0%
23-24
€331k
-6.3%
23-24
€58k
-28.1%
23-24
€272k
-0.2%
23-24
0.22
-42.1%
23-24
0.09
-69.5%
23-24
-10.0%
-16.3%
23-24
-11.04
+12.9%
23-24
7.0%
-94.2%
23-24
-0.7%
+93.3%
23-24
-0.6%
-
23-24
13.4%
-
23-24
3.36
+463.6%
23-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | €372k |
| EBITDA | €50k |
| Net profit | €-2k |
| Cash flow | €35k |
| Staff costs | €554 |
| Income taxes | €313 |
| Dividends | - |
| Total assets | €301k |
| Equity | €-30k |
| Debt | €331k |
| of which ≤ 1y | €58k |
| of which > 1y | €272k |
| Working capital | €-45k |
| Employees (FTE) | 0.2 |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 0.22 |
| Quick ratio | 0.09 |
| Working capital ratio | -15.0% |
| Solvency | -10.0% |
| Debt / equity | -11.04 |
| Long-term debt ratio | -9.09 |
| Interest coverage | 3.36 |
| Gross margin | 14.7% |
| Net margin | -0.6% |
| ROA | -0.7% |
| ROE | 7.0% |
| EBITDA margin | 13.4% |
| Days sales outstanding | 0d |
| Days payable outstanding | 4d |
| Inventory turnover | 40.93 |
| Days inventory (DSI) | 9d |
Balance-sheet composition 2024
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €301k |
| Fixed assets | 21/28 | €288k |
| Tangible fixed assets | 22/27 | €288k |
| Current assets | 29/58 | €13k |
| Stocks & contracts in progress | 3 | €8k |
| Amounts receivable within one year | 40/41 | €479 |
| Cash & bank | 54/58 | €5k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €301k |
| Equity | 10/15 | €-30k |
| Contributions / capital | 10/11 | €6k |
| Accumulated profits (losses) | 14 | €-36k |
| Amounts payable | 17/49 | €331k |
| Amounts payable after one year | 17 | €272k |
| Amounts payable within one year | 42/48 | €58k |
| Trade debts payable within one year | 44 | €4k |
| Income statement | ||
| Turnover | 70 | €372k |
| Gross operating margin | 9900 | €55k |
| Operating result | 9901 | €13k |
| Financial income | 75 | €374 |
| Financial charges | 65 | €15k |
| Result before taxes | 9903 | €-2k |
| Income taxes | 67/77 | €313 |
| Net result for the period | 9904 | €-2k |
| Result to be appropriated | 9905 | €-2k |
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan.
See plans →
Ratios computed by Checked.
Legal Structure
| NACE primary | Detailhandel in brood en banketbakkerswerk (koude bakkers)(47241) |
| Legal form | Private limited company(610) |
| Incorporation | 06-09-2022 |
| Status | Active |
| Postal code | 8560 |
Establishment units
BAGUETTE BAR
since 20222.335.186.413
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels 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.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34041C0675/00A014 | Flanders | 397 m² | 1 · 152 m² | 11.4 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2025
25-08-2025
NBB filing
Annual accounts filed
2024
01-07-2024
NBB filing
Annual accounts filed
Belgian State Gazette reading coverage
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Detailhandel in brood en banketbakkerswerk in gespecialiseerde winkels (koude bakkers)47241Detailhandel in brood en banketbakkerswerk (koude bakkers)47241Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112Industriële vervaardiging van brood en van vers banketbakkerswerk10711Industriële vervaardiging van brood en van vers banketbakkerswerk10711Vervaardiging van cacao, chocolade en suikerwerk10820Vervaardiging van cacao, chocolade en suikerwerk10820Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen47110Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 100 m² en minder dan 400 m²)47113Detailhandel in dranken in gespecialiseerde winkels, algemeen assortiment47252Detailhandel in dranken, algemeen assortiment47252Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112
Primary activity highlighted.
Names & trade names
| Legal nameNL | BAGUETTE BAR |
Registered office
Kortrijkstraat 202
8560 Wevelgem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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