BAKE SOMEONE HAPPY
ActiveThe computed 12-month bankruptcy probability of BAKE SOMEONE HAPPY is 1.7% (moderate). The 2025 annual accounts show equity of €51k and a net result of €131k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 18024 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency16▼-73
Growth58▼-20
Stability94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.82 against 1.73 in 2024), and 86.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13.9%
Return on assets
35.8%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-03-2026, 126 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
126 d early
2024
15 d early
2023
56 d early
2022
31 d late
2021
32 d early
2020
53 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€51k▼ 69.9%
2024 · €170k
2020: €57k
2021: €186k
2022: €273k
2023: €146k
2024: €170k
2020 → 2025
Total assets
€367k▲ 7.0%
2024 · €343k
2020: €88k
2021: €260k
2022: €385k
2023: €481k
2024: €343k
2020 → 2025
Net result
€131k▲ 6.0%
2024 · €124k
2020: €22k
2021: €129k
2022: €86k
2023: €123k
2024: €124k
2020 → 2025
Working capital
€-57k
2024 · €126k
2020: €20k
2021: €140k
2022: €215k
2023: €102k
2024: €126k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€186k-€273k▲ 46.4%€146k▼ 46.5%€170k▲ 16.3%€51k▼ 69.9%
Operating result€165k-€109k▼ 34.1%€161k▲ 47.3%€168k▲ 4.6%€175k▲ 4.0%
Net result€129k-€86k▼ 33.1%€123k▲ 42.4%€124k▲ 0.5%€131k▲ 6.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 4% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €367k
Fixed assets
€108k▲ 148%
Current assets
€258k▼ 13.5%
Equity and liabilities €367k
Equity
€51k▼ 69.9%
Debt
€316k▲ 82.5%
The debt ratio rises from 50.5% to 86.1%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€194k▲
2024 · €177k
Cash flow
€151k▲
2024 · €133k
Solvency
13.9%▼
2024 · 49.5%
Current ratio
0.82▼
2024 · 1.73
Quick ratio
0.76▼
2024 · 1.63
Debt / equity
6.19▲
2024 · 1.02
ROE
257.3%▲
2024 · 73.0%
ROA
35.8%▼
2024 · 36.1%
Interest coverage
472.89▲
2024 · 127.97
Debt
€316k▲
2024 · €173k
Debt ≤ 1 year
€316k▲
2024 · €173k
Income taxes
€44k▲
2024 · €43k
Staff costs
€239k▲
2024 · €139k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€343k€367k▲
Fixed assets21/28€44k€108k▲
Intangible fixed assets21€19k€15k▼
Tangible fixed assets22/27€20k€88k▲
Plant, machinery and equipment23€17k€19k▲
Furniture and vehicles24€3k€69k▲
Financial fixed assets28€5k€5k=
Current assets29/58€299k€258k▼
Stocks and contracts in progress3€16k€17k▲
Stocks30/36€16k€17k▲
Amounts receivable within one year40/41€37k€43k▲
Trade receivables40€36k€36k▼
Other amounts receivable41€600€7k▲
Current investments50/53€100k€0▼
Cash at bank and in hand54/58€145k€198k▲
Deferred charges and accrued income490/1€708€0▼
Equity and liabilities
Total equity and liabilities10/49€343k€367k▲
Equity10/15€170k€51k▼
Contributions10/11€35k€35k=
Reserves13€135k€16k▼
Distributable reserves133€135k€16k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€173k€316k▲
Amounts payable within one year42/48€173k€316k▲
Financial debts43€308€56▼
Credit institutions430/8€308€56▼
Trade debts44€19k€33k▲
Suppliers440/4€19k€33k▲
Taxes, remuneration and social security45€54k€48k▼
Taxes450/3€31k€11k▼
Remuneration and social security454/9€22k€37k▲
Other amounts payable47/48€100k€235k▲
Income statement
Code20242025
Remuneration, social security and pensions62€139k€239k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€19k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€317k€435k▲
Operating profit (loss)9901€168k€175k▲
Financial income75/76B€50€1k▲
Recurring financial income75€50€1k▲
Financial charges65/66B€1k€410▼
Recurring financial charges65€1k€410▼
Profit (loss) for the period before taxes9903€167k€176k▲
Income taxes67/77€43k€44k▲
Profit (loss) for the period9904€124k€131k▲
Profit (loss) for the period to be appropriated9905€124k€131k▲
Appropriation of the result
Profit (loss) to be appropriated9906€124k€131k▲
Transfer from equity791/2€0€119k▲
Transfer to equity691/2€24k€0▼
To other reserves6921€24k€0▼
Profit to be distributed694/7€100k€250k▲
Return on contributions (dividend)694€100k€250k▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2020net €131k ▲6%
Operating result €175k, net result €131k, both a record.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €170k ▲16.3%
5 profitable years in a row build equity to €170k.
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Equity above €200kEq €273k ▲46.4%
3 profitable years in a row build equity to €273k.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150kEq €186k ▲227%
2 profitable years in a row build equity to €186k.
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mechelen · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Guldenstraat 162800 MechelenGround area
114 m²
Building footprint
113 m²
Volume, LiDAR
1,571 m³
Parcel 12025E0657/00E000, Flanders · tallest building 15.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Bake Someone Happy
since 20202.308.608.611
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12025E0657/00E000 | Flanders | 114 m² | 1 · 113 m² | 15.5 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 3,399 EUR awarded · 4,134 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,805 EUR | 2,805 EUR |
| 2024 | 1 | 594 EUR | 594 EUR |
| 2023 | 1 | 0 EUR | 735 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteMechelen2.308.608.611
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LE FOURNIL DE MICHEL
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Flémalle · Eq €51k
Of 4,200 companies in sector 10712 we hold annual accounts for 1,851. 1,520 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-10-2020
Fiscal year end31-12
Activities, NACEBEL
10712Artisanal bread and fresh pastry making
47241Retail sale of bread and pastry (bakery outlets)
10711Manufacture of food products
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.