BEL CAKE
ActiveThe computed 12-month bankruptcy probability of BEL CAKE is 4.6% (elevated). The 2024 annual accounts show equity of €27k and a net result of €5k. Its solvency ranks better than 42% of 2091 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▼-27
Solvency49▼-10
Growth52
Track record94
Bankruptcy probability, 12 months
4.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity short (current ratio 0.46 against 0.17 in 2023; short-term debt: 76.2% and cash: 27.7% of total assets), and 76.2% 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.
+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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
23.8%
Return on assets
4.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
55 d late
2023
168 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€27k▲ 24.0%
2023 · €22k
2023: €22k
2023 → 2024
Total assets
€115k▲ 77.5%
2023 · €65k
2023: €65k
2023 → 2024
Net result
€5k▼ 76.0%
2023 · €22k
2023: €22k
2023 → 2024
Working capital
€-47k▼ 33.3%
2023 · €-35k
2023: €-35k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€22k-€27k▲ 24.0%
Operating result€27k-€9k▼ 67.3%
Net result€22k-€5k▼ 76.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 67% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €115k
Fixed assets
€75k▲ 29.7%
Current assets
€40k▲ 458%
Equity and liabilities €115k
Equity
€27k▲ 24.0%
Debt
€88k▲ 105%
The debt ratio rises from 65.9% to 76.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€22k▼
2023 · €34k
Cash flow
€18k▼
2023 · €28k
Solvency
23.8%▼
2023 · 34.1%
Current ratio
0.46▲
2023 · 0.17
Quick ratio
0.44▲
2023 · 0.13
Debt / equity
3.20▲
2023 · 1.93
ROE
19.3%▼
2023 · 100.0%
ROA
4.6%▼
2023 · 34.1%
Interest coverage
5.86▼
2023 · 23.58
Debt
€88k▲
2023 · €43k
Debt ≤ 1 year
€88k▲
2023 · €43k
Income taxes
€6k▼
2023 · €6k
Staff costs
€107k▲
2023 · €50k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€65k€115k▲
Fixed assets21/28€57k€75k▲
Intangible fixed assets21€36k€32k▼
Tangible fixed assets22/27€15k€36k▲
Furniture and vehicles24€15k€36k▲
Financial fixed assets28€7k€7k=
Current assets29/58€7k€40k▲
Stocks and contracts in progress3€2k€1k▼
Stocks30/36€2k€1k▼
Amounts receivable within one year40/41-€7k
Trade receivables40-€2k
Other amounts receivable41-€5k
Cash at bank and in hand54/58€3k€32k▲
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€65k€115k▲
Equity10/15€22k€27k▲
Profit (loss) carried forward14€22k€27k▲
Amounts payable17/49€43k€88k▲
Amounts payable within one year42/48€43k€88k▲
Trade debts44€8k€36k▲
Suppliers440/4€8k€36k▲
Taxes, remuneration and social security45€17k€33k▲
Taxes450/3€8k€21k▲
Remuneration and social security454/9€10k€11k▲
Other amounts payable47/48€18k€19k▲
Income statement
Code20232024
Remuneration, social security and pensions62€50k€107k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€13k▲
Other operating charges640/8€2k€8k▲
Gross operating margin9900€86k€138k▲
Operating profit (loss)9901€27k€9k▼
Financial income75/76B€2k€6k▲
Recurring financial income75€2k€6k▲
Non-recurring financial income76B€2k€6k▲
Financial charges65/66B€1k€4k▲
Recurring financial charges65€1k€4k▲
Profit (loss) for the period before taxes9903€28k€11k▼
Income taxes67/77€6k€6k▼
Profit (loss) for the period9904€22k€5k▼
Profit (loss) for the period to be appropriated9905€22k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€22k€27k▲
Profit (loss) brought forward from the previous period14P-€22k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 55 days late
15-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 168 days late
NBB filing
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, Anderlecht · 1 establishment unit since 2022
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.
Kliniekstraat 971070 AnderlechtGround area
54 m²
Building footprint
49 m²
Volume, LiDAR
758 m³
Parcel 21305B0249/00Y010, Brussels · tallest building 17.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Kliniekstraat 97, 1070 Anderlecht
since 20222.338.072.459
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21305B0249/00Y010 | Brussels | 54 m² | 1 · 49 m² | 17.4 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAnderlecht2.338.072.459
Similar companies · same sector, comparable size
MAHRIAMED
BE 0773.519.372
Linkebeek · Eq €27k
SOFKA BUSINESS
BE 0795.986.453
Koekelberg · Eq €27k
BAKKERIJ JACOBS
BE 0538.693.656
Beringen · Eq €27k
COOKIES & CHOCOLATES
BE 0781.481.191
Schilde · Eq €27k
AYAR
BE 0674.696.069
Beringen · Eq €27k
Of 4,228 companies in sector 10712 we hold annual accounts for 1,870. 1,382 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-11-2022
Fiscal year end31-12
Activities, NACEBEL
10712Artisanal bread and fresh pastry making
10720Manufacture of food products
47241Retail sale of bread and pastry (bakery outlets)
47242Retail sale of chocolate and confectionery
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.