BAKE & CO
InactiveInactive; last annual accounts for fiscal year 2020.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 7 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 14-06-2021, 47 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
47 d early
2019
36 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, full schema, statutory accounts
Turnover
€2.14M▼ 13.4%
2019 · €2.47M
2018: €2.48Mhighest in 3 years
2019: €2.47M▼ -0.3% vs 2018
2020: €2.14M▼ -13.4% vs 2019lowest in 3 years
2018 → 2020
EBIT margin
35.7%▼ 3.9pp
2019 · 39.6%
2018: -49.1%lowest in 3 years
2019: 39.6%▲ +181% vs 2018highest in 3 years
2020: 35.7%▼ -10.0% vs 2019
2018 → 2020
Net result
€1.23M▼ 21.5%
2019 · €1.57M
2018: €-1.61Mlowest in 3 years
2019: €1.57M▲ +197% vs 2018highest in 3 years
2020: €1.23M▼ -21.5% vs 2019
2018 → 2020
Working capital
€-11.99M▲ 10.1%
2019 · €-13.34M
2018: €11.67Mhighest in 3 years
2019: €-13.34M▼ -214% vs 2018lowest in 3 years
2020: €-11.99M▲ +10.1% vs 2019
2018 → 2020
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€2.48M-€2.47M▼ 0.3%€2.14M▼ 13.4%
2018: €2.48Mhighest in 3 years
2019: €2.47M▼ -0.3% vs 2018
2020: €2.14M▼ -13.4% vs 2019lowest in 3 years
Equity€148.60M-€150.17M▲ 1.1%€151.40M▲ 0.8%
2018: €148.60Mlowest in 3 years
2019: €150.17M▲ +1.1% vs 2018
2020: €151.40M▲ +0.8% vs 2019highest in 3 years
Operating result€-1.22M-€980k€764k▼ 22.0%
2018: €-1.22Mlowest in 3 years
2019: €980k▲ +180% vs 2018highest in 3 years
2020: €764k▼ -22.0% vs 2019
Net result€-1.61M-€1.57M€1.23M▼ 21.5%
2018: €-1.61Mlowest in 3 years
2019: €1.57M▲ +197% vs 2018highest in 3 years
2020: €1.23M▼ -21.5% vs 2019
Result per fiscal year
Operating resultNet result
The operating result falls in 2020; 2020 is 22% below 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €179.03M
Fixed assets
€163.74M ▼ 0.1%
Current assets
€15.29M ▲ 13.0%
Equity and liabilities €179.03M
Equity
€151.40M ▲ 0.8%
Debt
€27.63M ▲ 1.6%
Debt's share of the balance-sheet total rises from 15.3% to 15.4%. Equity and debt are higher.
Key figures and ratios
Current ratio
0.56▲
2019 · 0.50
ROE
0.8%▼
2019 · 1.0%
ROA
0.7%▼
2019 · 0.9%
Debt ≤ 1 year
€27.29M▲
2019 · €26.88M
Income taxes
€182k▲
2019 · €60k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 22 lines
Balance sheet
Code20192020
Assets
Total assets20/58€177.37M€179.03M▲
Fixed assets21/28€163.83M€163.74M▼
Financial fixed assets28€163.83M€163.74M▼
Current assets29/58€13.54M€15.29M▲
Amounts receivable within one year40/41€12.18M€13.87M▲
Cash at bank and in hand54/58€373k€388k▲
Equity and liabilities
Total equity and liabilities10/49€177.37M€179.03M▲
Equity10/15€150.17M€151.40M▲
Contributions10/11€72.11M€72.11M=
Reserves13€32.44M€33.68M▲
Amounts payable17/49€27.20M€27.63M▲
Amounts payable within one year42/48€26.88M€27.29M▲
Trade debts44€271k€595k▲
Income statement
Code20192020
Turnover70€2.47M€2.14M▼
Operating profit (loss)9901€980k€764k▼
Recurring financial income75€998k€984k▼
Recurring financial charges65€349k€334k▼
Debt charges650€339k€330k▼
Profit (loss) for the period before taxes9903€1.63M€1.41M▼
Income taxes67/77€60k€182k▲
Profit (loss) for the period9904€1.57M€1.23M▼
Profit (loss) for the period to be appropriated9905€1.57M€1.23M▼
Accounts by statement
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Turnover70 | €2.48M | €2.47M | €2.14M | ▼ 13.4% |
| Operating profit (loss)9901 | €-1.22M | €980k | €764k | ▼ 22.0% |
| Recurring financial income75 | €797k | €998k | €984k | ▼ 1.4% |
| Recurring financial charges65 | €1.19M | €349k | €334k | ▼ 4.3% |
| Debt charges650 | €1.18M | €339k | €330k | ▼ 2.6% |
| Profit (loss) for the period before taxes9903 | €-1.61M | €1.63M | €1.41M | ▼ 13.2% |
| Income taxes67/77 | €-81 | €60k | €182k | ▲ 205% |
| Profit (loss) for the period9904 | €-1.61M | €1.57M | €1.23M | ▼ 21.5% |
| Profit (loss) for the period to be appropriated9905 | €-1.61M | €1.57M | €1.23M | ▼ 21.5% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €174.92M | €177.37M | €179.03M | ▲ 0.9% |
| Fixed assets21/28 | €162.74M | €163.83M | €163.74M | ▼ 0.1% |
| Financial fixed assets28 | €162.74M | €163.83M | €163.74M | ▼ 0.1% |
| Current assets29/58 | €12.18M | €13.54M | €15.29M | ▲ 13.0% |
| Amounts receivable within one year40/41 | €11.40M | €12.18M | €13.87M | ▲ 13.9% |
| Cash at bank and in hand54/58 | €182k | €373k | €388k | ▲ 4.0% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €174.92M | €177.37M | €179.03M | ▲ 0.9% |
| Equity10/15 | €148.60M | €150.17M | €151.40M | ▲ 0.8% |
| Contributions10/11 | €72.11M | €72.11M | €72.11M | = |
| Reserves13 | €30.87M | €32.44M | €33.68M | ▲ 3.8% |
| Amounts payable17/49 | €26.32M | €27.20M | €27.63M | ▲ 1.6% |
| Amounts payable after more than one year17 | €25.75M | - | - | - |
| Amounts payable within one year42/48 | €512k | €26.88M | €27.29M | ▲ 1.5% |
| Trade debts44 | €348k | €271k | €595k | ▲ 119% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-1.61M | €1.57M | €1.23M | ▼ 21.5% |
| Operating cash flow (approximation) | €-1.61M | €1.57M | €1.23M | ▼ 21.5% |
| Investment in fixed assets (approximation) | - | €-1.09M | €95k | ▲ 109% |
| Change in cash | - | €191k | €15k | ▼ 92.1% |
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
2021
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €1.57M
Net result €1.57M after one loss-making year.
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · consolidated
2017
24-05
NBB filing
Annual accounts filed
fiscal year 2016 · consolidated
23-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
17-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
17-05
NBB filing
Annual accounts filed
fiscal year 2015 · consolidated
2015
23-04
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 31 acts read
About the unread acts
We know of 31 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Structure & network
Ownership & control
1 subsidiaryBAKE & COBE 0844.028.771
controls
Where this company holds controlsubsidiary per the LEI register1
Erpe-Mere · indirect · LEI lapsed
Recognitions · licences · registrations
Legal Entity Identifier
5493005C85MFLWZMHX83