Bakkerij Bernard
ActiveSummary
The computed 12-month bankruptcy probability of Bakkerij Bernard is 1.7% (moderate). The 2025 annual accounts show equity of €155k and a net result of €151k. Equity is growing by ~22.3% per year across the filed fiscal years. Its solvency ranks better than 39% of 10359 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+12
Solvency53▼-28
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity short (current ratio 0.58 against 2.09 in 2024; short-term debt: 53.7% and cash: 16.1% of total assets), and 72.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 47
Relative position
BE, all sectors
reference
Sector 47
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
27.5%
Return on assets
26.9%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 08-10-2025, 23 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
23 d early
2024
28 d early
2023
27 d early
2022
115 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€155k▼ 63.8%
2024 · €427k
2022: €178k
2023: €310k
2024: €427k
2022 → 2025
Total assets
€562k▼ 26.6%
2024 · €766k
2022: €572k
2023: €776k
2024: €766k
2022 → 2025
Net result
€151k▲ 27.8%
2024 · €118k
2022: €182k
2023: €134k
2024: €118k
2022 → 2025
Working capital
€-128k
2024 · €229k
2022: €167k
2023: €184k
2024: €229k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€178k-€310k▲ 74.0%€427k▲ 37.7%€155k▼ 63.8%
Operating result€243k-€177k▼ 27.1%€156k▼ 12.0%€199k▲ 27.5%
Net result€182k-€134k▼ 26.6%€118k▼ 11.3%€151k▲ 27.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 28% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €562k
Fixed assets
€388k ▲ 19.1%
Current assets
€174k ▼ 60.4%
Equity and liabilities €562k
Equity
€155k ▼ 63.8%
Debt
€408k ▲ 20.4%
Debt's share of the balance-sheet total rises from 44.2% to 72.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€308k▲
2024 · €253k
Cash flow
€260k▲
2024 · €215k
Current ratio
0.58▼
2024 · 2.09
Quick ratio
0.55▼
2024 · 2.07
Debt to equity
2.63▲
2024 · 0.79
ROE
97.8%▲
2024 · 27.7%
ROA
26.9%▲
2024 · 15.5%
Interest coverage
23.45▲
2024 · 22.21
Debt ≤ 1 year
€302k▲
2024 · €211k
Debt > 1 year
€105k▼
2024 · €126k
Income taxes
€35k▲
2024 · €29k
Staff costs
€434k▼
2024 · €435k
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 · 2025 against 2024 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€766k€562k▼
Fixed assets21/28€326k€388k▲
Tangible fixed assets22/27€326k€388k▲
Plant, machinery and equipment23€113k€189k▲
Furniture and vehicles24€112k€62k▼
Other tangible fixed assets26€101k€137k▲
Current assets29/58€440k€174k▼
Amounts receivable after more than one year29€100k€0▼
Other amounts receivable291€100k€0▼
Stocks and contracts in progress3€3k€9k▲
Stocks30/36€3k€9k▲
Amounts receivable within one year40/41€49k€70k▲
Trade receivables40€48k€28k▼
Other amounts receivable41€2k€42k▲
Cash at bank and in hand54/58€282k€90k▼
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€766k€562k▼
Equity10/15€427k€155k▼
Contributions10/11€5k€5k=
Reserves13€422k€149k▼
Distributable reserves133€422k€149k▼
Profit (loss) carried forward14€64€784▲
Amounts payable17/49€339k€408k▲
Amounts payable after more than one year17€126k€105k▼
Financial debts170/4€126k€105k▼
Other amounts payable178/9€0-
Amounts payable within one year42/48€211k€302k▲
Current portion of amounts payable after more than one year42€66k€102k▲
Trade debts44€36k€50k▲
Suppliers440/4€36k€50k▲
Taxes, remuneration and social security45€97k€80k▼
Taxes450/3€33k€17k▼
Remuneration and social security454/9€64k€62k▼
Other amounts payable47/48€12k€70k▲
Accrued charges and deferred income492/3€2k€0▼
Income statement
Code20242025
Non-recurring operating income76A-€3k
Remuneration, social security and pensions62€435k€434k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€97k€109k▲
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A-€1k
Gross operating margin9900€689k€744k▲
Operating profit (loss)9901€156k€199k▲
Financial income75/76B€3k€510▼
Recurring financial income75€3k€510▼
Financial charges65/66B€11k€13k▲
Recurring financial charges65€11k€13k▲
Profit (loss) for the period before taxes9903€148k€186k▲
Income taxes67/77€29k€35k▲
Profit (loss) for the period9904€118k€151k▲
Profit (loss) for the period to be appropriated9905€118k€151k▲
Appropriation of the result
Profit (loss) to be appropriated9906€119k€152k▲
Profit (loss) brought forward from the previous period14P€243€64▼
Transfer from equity791/2-€422k
Transfer to equity691/2€117k€149k▲
To other reserves6921€117k€149k▲
Profit to be distributed694/7€2k€424k▲
Return on contributions (dividend)694€2k€424k▲
Social balance
Average headcount (FTE)90879.39.1▼
The notes to these accounts (20 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
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
03-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Weakest financial yearnet €118k ▼11.3%
Net result drops to €118k, the lowest in the series; recovery starts the following year.
2023
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Equity above €200kEq €310k ▲74%
2 profitable years in a row build equity to €310k.
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated 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, Wervik · 1 establishment unit since 2021
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.
Beselarestraat 98940 WervikGround area
775 m²
Building footprint
684 m²
Volume, LiDAR
2,826 m³
Parcel 33009C0993/00G000, Flanders · tallest building 11.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Bakkerij Bernard
since 20212.314.931.130
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33009C0993/00G000 | Flanders | 775 m² | 1 · 684 m² | 11.6 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 42,661 EUR awarded · 42,661 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 13,238 EUR | 13,238 EUR |
| 2024 | 2 | 15,166 EUR | 15,166 EUR |
| 2023 | 2 | 12,547 EUR | 14,122 EUR |
| 2022 | 1 | 1,710 EUR | 135 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 site · 1 with a smileyWervik2.314.931.130
Similar companies · same sector, comparable size
AFNAN
BE 0684.900.865
Brussel · Eq €154,264
Wafeltjes.be
BE 0675.565.408
Aartselaar · Eq €154,202
BAKKERIJ HERMANS
BE 0464.740.757
Herentals · Eq €155,372
REMACLE COLIMILO
BE 0663.586.797
Lontzen · Eq €153,014
DAIMAR
BE 0845.666.586
Wijnegem · Eq €158,153
Of 2,407 companies in sector 47241 we hold annual accounts for 1,100. 865 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-03-2021
Fiscal year end31-03
Activities, NACEBEL 2025
10712Artisanal bread and fresh pastry making
47241Retail sale of bread and pastry (bakery outlets)
10711Manufacture of food products
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.bakkerijbernardgeluwe.be
E-mail:info@bakkerijbernardgeluwe.be