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Bakkerij K. Engels

Active
Private limited companyfounded 1990active for 36 yearsSchoolstraat(ITE) 58, 2222 Heist-op-den-Berg, BelgiumKBO/BCE: BE 0440.947.746
Summary

Bakkerij K. Engels has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €188,971 and a net result of €32,880. Equity has been growing by about 3% per year since 2019. Its solvency ranks better than 88% of 650 sector peers (NACE 47, financial year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 21-06-1990 Normal situation
Activity
Retail sale of bread and pastry (bakery outlets) NACE 47241and 1 other
Joint committee
201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 31-03-2026
Establishment unit
2.048.853.794 2222 Heist-op-den-Berg, since 09-07-1990
Financial year end
31 March
Peppol
Reachable since 15-01-2026

Board and ownership

Financial position

92 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts to 31-03-2026
Gross margin
€100,146
▼ 13.9%
Turnover
≈ €470,000
estimated
Profit
€32,880
▼ 14.4%
Equity
€188,971
▲ 14.9%
Total assets
€223,932
▲ 5.7%
Employees on 31-03-2026
3
▼ 25.0%
Score breakdownraises riskSector: Retail trade (NACE 47)Size: total assets €223,932lowers riskFounded in 1990Equity €188,971 (84.4% of total assets)Show the evidence

Checked score

Score 2026
92 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 75% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2025
Strong
Solvency 100=
equity 84.4% of total assets
Liquidity 55-10
short-term debt 15.6% · cash 6.6%
Profitability 87-4
return on assets 14.7%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025highest value 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.1%▼ -0.2 percentage points vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026lowest value 05-2026: 0.1%● unchanged vs 04-2026lowest value 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.2%▲ +0.1 percentage points vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €17,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.77 (3.83 in 2025), above the usual 1.5. Short-term debt is 15.6% and cash 6.6% of total assets. 15.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 92% of them on solvency, 60% on liquidity, 82% on profitability and 67% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Founded in 1990
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €188,971 (84.4% of total assets)
NBB · annual accounts
raises risk · Size: total assets €223,932
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 22-10-2026, 9 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
9 days early
2025
50 days early
2024
on the day
2023
1 day early
2022
4 days late
2021
16 days late
2020
12 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 4 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 30 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 87% of companies in retail tradesector median 38.2% · 650 companies 84.4% View
  • Positive: Filed on time since financial year 2023accounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed Appointment: Vanhorenbeek Lidwina (director)Resignation: Engels Kris (director)
  2. · Gazette deed Resignation: Kris Engels (director)Appointment: Lidwina Vanhorenbeek (director)
  3. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as Bakkerij K. Engels: retail sale of bread and pastry (bakery outlets) (NACE 47241). They are comparable in size and age: total assets between €177,000 and €265,000, founded between 1985 and 1999.

CompanyTotal assetsGross margin
Bakkerij K. Engels Heist-op-den-Berg€223,932€100,146
PIETTE-DI MARCO Wavre€228,498€105,093
MARIO'S BAKKERSHUYS Hulshout€183,072€129,047
BANKETBAKKERIJ RAPHAEL Antwerpen€228,423€122,080
PRECIOSA Aalst€232,066€97,767
D.S.H. Pelt€264,854€109,063
VAN BELLINGHEN Kampenhout€176,725€115,735
Full comparison

Key facts about Bakkerij K. Engels

What is the company number of Bakkerij K. Engels?
The company number of Bakkerij K. Engels is 0440.947.746. The VAT number is the same number with BE in front: BE 0440.947.746.
Where is Bakkerij K. Engels based?
The registered office is at Schoolstraat(ITE) 58, 2222 Heist-op-den-Berg.Company details
What does Bakkerij K. Engels do?
According to the KBO register, the main activity is retail sale of bread and pastry (bakery outlets) (NACE 47241).
What is the legal form of Bakkerij K. Engels?
The legal form of Bakkerij K. Engels is Private limited company (BV).
When was Bakkerij K. Engels founded?
Bakkerij K. Engels was founded on 21-06-1990.
Is Bakkerij K. Engels still active?
Yes, Bakkerij K. Engels is an active enterprise in the KBO register.
How many employees does Bakkerij K. Engels have?
Bakkerij K. Engels had an average of 7.3 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
Which joint committee does Bakkerij K. Engels fall under?
In its 31-03-2026 annual accounts, Bakkerij K. Engels states joint committee 201 (Paritair Comité voor de zelfstandige kleinhandel).
What is the turnover of Bakkerij K. Engels?
The turnover in financial year 2026 is ≈ €470,000. This figure is estimated from the gross margin of €100,146 and 43 comparable companies (NACE 472). It probably lies between €320,000 and €820,000.
Is Bakkerij K. Engels profitable?
In financial year 2026, Bakkerij K. Engels made a profit of €32,880.
Where can I find the annual accounts of Bakkerij K. Engels?
Bakkerij K. Engels filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of Bakkerij K. Engels due?
Bakkerij K. Engels must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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