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BAIBUN

Active
Private limited companyfounded 2019active for 7 yearsWijnegemsteenweg 6, 2970 Schilde, BelgiumKBO/BCE: BE 0734.685.621

From the official registers: KBO 6 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of BAIBUN is 7.7% (elevated). The 2025 annual accounts show negative equity (-€10,377) and a net result of €1,192. Equity is shrinking by about 24% per year across the filed financial years. Its solvency ranks better than 16% of 16,925 sector peers (NACE 56, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (75 days) Filed on 14 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00556897.

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
14-10-2026
Format
micro format
Reference
2026-00556897
Equity
-€10,377▲ 10.3%
2024 · -€11,569
Total assets
€30,275▲ 2.8%
2024 · €29,455
Net result
€1,192▲ 431%
2024 · €224
Working capital
-€10,377▲ 7.5%
2024 · -€11,215
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result stays negative: a loss of €383 in 2025 against €846 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€383 2025 Net result€1,192 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Operating result€376--€4,999-€6,827▼ 36.6%-€2,823▲ 58.7%-€846▲ 70.0%-€383▲ 54.8%
Net result€196within the sector's middle half--€4,335below the sector's middle half-€6,284within the sector's middle half▼ 44.9%-€2,370within the sector's middle half▲ 62.3%€224within the sector's middle half€1,192within the sector's middle half▲ 431%
Equity€1,196within the sector's middle half--€3,139below the sector's middle half-€9,423below the sector's middle half▼ 200%-€11,793below the sector's middle half▼ 25.2%-€11,569below the sector's middle half▲ 1.9%-€10,377below the sector's middle half▲ 10.3%
Total assets€27,545below the sector's middle half-€35,106below the sector's middle half▲ 27.4%€24,483below the sector's middle half▼ 30.3%€21,836below the sector's middle half▼ 10.8%€29,455below the sector's middle half▲ 34.9%€30,275below the sector's middle half▲ 2.8%
Debt€26,350-€38,246▲ 45.1%€33,906▼ 11.3%€33,629▼ 0.8%€41,024▲ 22.0%€40,652▼ 0.9%
Working capital€1,196within the sector's middle half--€13,273within the sector's middle half-€15,709within the sector's middle half▼ 18.3%-€13,673within the sector's middle half▲ 13.0%-€11,215within the sector's middle half▲ 18.0%-€10,377within the sector's middle half▲ 7.5%
Solvency4.3%within the sector's middle half--8.9%below the sector's middle half▼ 13.3pp-38.5%below the sector's middle half▼ 29.5pp-54.0%below the sector's middle half▼ 15.5pp-39.3%below the sector's middle half▲ 14.7pp-34.3%below the sector's middle half▲ 5.0pp
Current ratio1.05within the sector's middle half-0.65within the sector's middle half▼ 0.390.54within the sector's middle half▼ 0.120.59within the sector's middle half▲ 0.050.72within the sector's middle half▲ 0.140.74within the sector's middle half▲ 0.02
Return on assets (ROA)0.7%within the sector's middle half--12.3%below the sector's middle half▼ 13.1pp-25.7%below the sector's middle half▼ 13.3pp-10.9%below the sector's middle half▲ 14.8pp0.8%within the sector's middle half▲ 11.6pp3.9%within the sector's middle half▲ 3.2pp
above within below the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€166▼
2024 · €1,374
Cash flow
€1,409▼
2024 · €2,444
Debt ≤ 1 year
€40,652▲
2024 · €40,453
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 906 companies that looked in July 2024 the way this one looks now, 6.1% went bankrupt within 24 months and 89.4% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a profit under 5% of the balance sheet
6.1% went bankrupt
4.1% stopped otherwise
89.4% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 7.7% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 906 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 14-10-2026.

Balance sheet Code20242025
Assets
Total assets20/58€29,455€30,275▲
Fixed assets21/28€217-
Tangible fixed assets22/27€217-
Plant, machinery and equipment23€217-
Current assets29/58€29,238€30,275▲
Amounts receivable within one year40/41€27,830€28,700▲
Other amounts receivable41€27,830€28,700▲
Deferred charges and accrued income490/1€1,408€1,574▲
Equity and liabilities
Total equity and liabilities10/49€29,455€30,275▲
Equity10/15-€11,569-€10,377▲
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14-€12,569-€11,377▲
Amounts payable17/49€41,024€40,652▼
Amounts payable within one year42/48€40,453€40,652▲
Financial debts43€4,217€4,217=
Credit institutions430/8€4,217€4,217=
Trade debts44€677€931▲
Suppliers440/4€417€931▲
Bills of exchange payable441€260-
Taxes, remuneration and social security45€177€122▼
Taxes450/3€177€122▼
Other amounts payable47/48€35,382€35,382=
Accrued charges and deferred income492/3€571-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,220€217▼
Other operating charges640/8€701€14▼
Gross operating margin9900€2,075-€151▼
Operating profit (loss)9901-€846-€383▲
Financial income75/76B€1,408€1,574▲
Recurring financial income75€1,408€1,574▲
Financial charges65/66B€338-
Recurring financial charges65€338-
Profit (loss) for the period before taxes9903€224€1,192▲
Profit (loss) for the period9904€224€1,192▲
Profit (loss) for the period to be appropriated9905€224€1,192▲
Appropriation of the result
Profit (loss) to be appropriated9906-€12,569-€11,377▲
Profit (loss) brought forward from the previous period14P-€12,793-€12,569▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2,030€3,848€3,848€2,220€217▼ 90.2%
Other operating charges640/8-€449€843€593€701€14▼ 97.9%
Gross operating margin9900€858-€2,521-€2,135€1,619€2,075-€151-
Operating profit (loss)9901€376-€4,999-€6,827-€2,823-€846-€383▲ 54.8%
Financial income75/76B-€925€1,070€888€1,408€1,574▲ 11.8%
Recurring financial income75€114€925€1,070€888€1,408€1,574▲ 11.8%
Financial charges65/66B-€313€527€436€338--
Recurring financial charges65€154€313€527€436€338--
Profit (loss) for the period before taxes9903€336-€4,387-€6,284-€2,370€224€1,192▲ 431%
Income taxes67/77€140-€52-----
Profit (loss) for the period9904€196-€4,335-€6,284-€2,370€224€1,192▲ 431%
Profit (loss) for the period to be appropriated9905€196-€4,335-€6,284-€2,370€224€1,192▲ 431%
Line202020212022202320242025Change
Assets
Total assets20/58€27,545€35,106€24,483€21,836€29,455€30,275▲ 2.8%
Fixed assets21/28-€10,134€6,285€2,437€217--
Tangible fixed assets22/27-€10,134€6,285€2,437€217--
Plant, machinery and equipment23-€10,134€6,285€2,437€217--
Current assets29/58€27,545€24,972€18,198€19,399€29,238€30,275▲ 3.5%
Stocks and contracts in progress3--€1,214----
Stocks30/36--€1,214----
Amounts receivable within one year40/41€20,956€24,033€15,569€17,222€27,830€28,700▲ 3.1%
Trade receivables40-€9,548-----
Other amounts receivable41-€14,485€15,569€17,222€27,830€28,700▲ 3.1%
Cash at bank and in hand54/58€5,033€15€345€1,289---
Deferred charges and accrued income490/1-€925€1,070€888€1,408€1,574▲ 11.8%
Equity and liabilities
Total equity and liabilities10/49€27,545€35,106€24,483€21,836€29,455€30,275▲ 2.8%
Equity10/15€1,196-€3,139-€9,423-€11,793-€11,569-€10,377▲ 10.3%
Contributions10/11-€1,000€1,000€1,000€1,000€1,000=
Profit (loss) carried forward14€196-€4,139-€10,423-€12,793-€12,569-€11,377▲ 9.5%
Amounts payable17/49€26,350€38,246€33,906€33,629€41,024€40,652▼ 0.9%
Amounts payable within one year42/48€26,350€38,246€33,906€33,072€40,453€40,652▲ 0.5%
Financial debts43----€4,217€4,217=
Credit institutions430/8----€4,217€4,217=
Trade debts44€2,398€8,253€1,380€330€677€931▲ 37.5%
Suppliers440/4-€8,253€1,380€330€417€931▲ 123%
Bills of exchange payable441----€260--
Taxes, remuneration and social security45-€613€33€249€177€122▼ 30.9%
Taxes450/3-€613€33€249€177€122▼ 30.9%
Other amounts payable47/48-€29,380€32,493€32,493€35,382€35,382=
Accrued charges and deferred income492/3---€557€571--
Line202020212022202320242025Change
Profit (loss) for the period9904€196-€4,335-€6,284-€2,370€224€1,192▲ 431%
+ Depreciation and write-downs630-€2,030€3,848€3,848€2,220€217▼ 90.2%
Operating cash flow (approximation)€196-€2,305-€2,435€1,478€2,444€1,409▼ 42.4%
Investment in fixed assets (approximation)--€0€0€0--
Change in cash--€5,018€331€943---

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference Document
31-12-2025 micro format 14-10-2026 2026-00556897 NBB
31-12-2024 micro format 31-08-2025 2025-00455186 PDF
31-12-2023 micro format 23-11-2024 2024-00603572 PDF
31-12-2022 micro format 31-07-2023 2023-00295671 PDF
31-12-2021 micro format 29-07-2022 2022-20245328 PDF
31-12-2020 micro format 22-07-2021 2021-38000097 PDF

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 21,390 active companies whose main activity is limited-service restaurants, excluding mobile food services (NACE 56112), figures are known for 10,092. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.