Bakkerij Kathleen
ActiveSummary
Bakkerij Kathleen has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €128k and a net result of €39k. Equity is growing by ~21.9% per year across the filed fiscal years. Its solvency ranks better than 71% of 18280 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91=
Solvency84=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 2.32 against 2.66 in 2024; short-term debt: 37.5% and cash: 81.1% of total assets), and 41.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
58.9%
Return on assets
17.8%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 9 filingsDeviation from the deadline
2025
21 d late
2024
34 d early
2023
33 d early
2022
32 d early
2021
33 d early
2020
29 d early
2019
35 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€128k▼ 0.3%
2024 · €128k
2018: €28k
2019: €28k
2020: €46k
2021: €68k
2022: €91k
2023: €105k
2024: €128k
2018 → 2025
Total assets
€217k▼ 0.3%
2024 · €218k
2018: €187k
2019: €175k
2020: €185k
2021: €174k
2022: €191k
2023: €181k
2024: €218k
2018 → 2025
Net result
€39k▼ 1.6%
2024 · €39k
2018: €12k
2019: €662
2020: €18k
2021: €21k
2022: €24k
2023: €13k
2024: €39k
2018 → 2025
Working capital
€107k▼ 12.2%
2024 · €122k
2018: €-5k
2019: €3k
2020: €22k
2021: €45k
2022: €73k
2023: €91k
2024: €122k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€68k-€91k▲ 35.4%€105k▲ 14.4%€128k▲ 22.8%€128k▼ 0.3%
Operating result€34k-€37k▲ 8.8%€22k▼ 39.2%€55k▲ 146%€56k▲ 1.4%
Net result€21k-€24k▲ 13.9%€13k▼ 45.0%€39k▲ 198%€39k▼ 1.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 1% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €217k
Fixed assets
€29k ▲ 28.2%
Current assets
€189k ▼ 3.6%
Equity and liabilities €217k
Equity
€128k ▼ 0.3%
Debt
€89k ▼ 0.4%
Debt's share of the balance-sheet total stays at 41.1%.
Key figures and ratios
EBITDA
€67k▼
2024 · €70k
Cash flow
€50k▼
2024 · €54k
Current ratio
2.32▼
2024 · 2.66
Quick ratio
2.23▼
2024 · 2.54
Debt to equity
0.70▼
2024 · 0.70
ROE
30.2%▼
2024 · 30.6%
ROA
17.8%▼
2024 · 18.0%
Interest coverage
10.13▼
2024 · 16.35
Debt ≤ 1 year
€82k▲
2024 · €74k
Debt > 1 year
€4k▼
2024 · €15k
Income taxes
€15k▼
2024 · €15k
Staff costs
€95k▼
2024 · €106k
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 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€218k€217k▼
Fixed assets21/28€22k€29k▲
Tangible fixed assets22/27€22k€29k▲
Land and buildings22€11k€5k▼
Plant, machinery and equipment23€870€82▼
Furniture and vehicles24€4k€19k▲
Leasing and similar rights25€7k€6k▼
Current assets29/58€196k€189k▼
Stocks and contracts in progress3€9k€7k▼
Stocks30/36€9k€7k▼
Amounts receivable within one year40/41€20k€570▼
Trade receivables40€3k€560▼
Other amounts receivable41€17k€10▼
Cash at bank and in hand54/58€163k€176k▲
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€218k€217k▼
Equity10/15€128k€128k▼
Contributions10/11€12k€12k=
Reserves13€116k€116k▼
Distributable reserves133€116k€116k▼
Amounts payable17/49€90k€89k▼
Amounts payable after more than one year17€15k€4k▼
Financial debts170/4€15k€4k▼
Amounts payable within one year42/48€74k€82k▲
Current portion of amounts payable after more than one year42€12k€10k▼
Trade debts44€22k€24k▲
Suppliers440/4€22k€24k▲
Taxes, remuneration and social security45€40k€29k▼
Taxes450/3€16k€12k▼
Remuneration and social security454/9€24k€16k▼
Other amounts payable47/48-€18k
Accrued charges and deferred income492/3€1k€3k▲
Income statement
Code20242025
Non-recurring operating income76A€651-
Remuneration, social security and pensions62€106k€95k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€11k▼
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A€4k-
Gross operating margin9900€182k€166k▼
Operating profit (loss)9901€55k€56k▲
Financial income75/76B€4k€4k▲
Recurring financial income75€4k€4k▲
Financial charges65/66B€4k€7k▲
Recurring financial charges65€4k€7k▲
Profit (loss) for the period before taxes9903€54k€53k▼
Income taxes67/77€15k€15k▼
Profit (loss) for the period9904€39k€39k▼
Profit (loss) for the period to be appropriated9905€39k€39k▼
Appropriation of the result
Profit (loss) to be appropriated9906€39k€39k▼
Transfer from equity791/2€15k€39k▲
Transfer to equity691/2€39k€39k▼
To other reserves6921€39k€39k▼
Profit to be distributed694/7€15k€39k▲
Return on contributions (dividend)694€15k€39k▲
The notes to these accounts (8 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
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €39k ▲198%
Net result €39k, the highest in the series.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €105k ▲14.4%
6 profitable years in a row build equity to €105k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €662 ▼94.4%
Net result drops to €662, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Beringen · 1 establishment unit since 2016
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.
Paalsesteenweg 3083583 BeringenGround area
881 m²
Building footprint
206 m²
Volume, LiDAR
1,434 m³
Parcel 71049B1217/00N000, Flanders · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Bakkerij Kathleen
since 20162.256.548.315
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71049B1217/00N000 | Flanders | 881 m² | 1 · 206 m² | 11.1 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBeringen2.256.548.315
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Of 2,407 companies in sector 47241 we hold annual accounts for 1,100. 893 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
Founded14-09-2016
Fiscal year end31-12
Activities, NACEBEL 2025
47241Retail sale of bread and pastry (bakery outlets)
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.