BELGISCH BAKSKE

Active

Private limited company (pre-2019)founded 201610 yrs activeHarg., Rue de la Commanderie 12, 6900 Marche-en-Famenne, BelgiumKBO/BCE: BE 0651.970.751

The computed 12-month bankruptcy probability of BELGISCH BAKSKE is 2.7% (moderate). The 2024 annual accounts show equity of €26k and a net result of €-15k. Equity is growing by ~44.8% per year across the filed fiscal years. Its solvency ranks better than 65% of 18942 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

47 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability0▼-100

Solvency72▲+2

Growth78=

Track record100

Bankruptcy probability, 12 months

2.7% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days only on tighter terms

Liquidity tight (current ratio 1.08 against 1.31 in 2023; short-term debt: 53% and cash: 31.3% of total assets), and 53% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

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 2024

Solvency, return and age of the figures

Solvency

47%

Return on assets

-27.1%

Age of the figures

21 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-12-2025, 138 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 8 filings

Deviation from the deadline

2025

not confirmed

2024

138 d late

2023

8 d late

2022

16 d late

2021

35 d early

2020

10 d early

2019

16 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€26k▼ 36.6%

2023 · €41k

2018: €-44k 2019: €-74k 2020: €-18k 2021: €29k 2022: €7k 2023: €41k

2018 → 2024

Total assets

€55k▼ 39.2%

2023 · €90k

2018: €4k 2019: €9k 2020: €60k 2021: €89k 2022: €56k 2023: €90k

2018 → 2024

Net result

€-15k

2023 · €33k

2018: €-28k 2019: €-30k 2020: €56k 2021: €47k 2022: €-21k 2023: €33k

2018 → 2024

Working capital

€2k▼ 84.4%

2023 · €15k

2018: €-7k 2019: €-17k 2020: €21k 2021: €13k 2022: €-8k 2023: €15k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€-18k-€29k€7k▼ 74.1%€41k▲ 446%€26k▼ 36.6%

Operating result€58k-€54k▼ 5.8%€-20k€41k€-23k

Net result€56k-€47k▼ 15.8%€-21k€33k€-15k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2024: a loss of €23k after €41k in 2023, the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €55k

42.6%

57.4%

Fixed assets €23k▼ 7.4%

Current assets €32k▼ 51.6%

Equity and liabilities €55k

47.0%

53.0%

Equity €26k▼ 36.6%

Debt €29k▼ 41.4%

The debt ratio falls from 55.0% to 53.0%. Equity and debt are lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€-10k▼

2023 · €50k

Cash flow

€-2k▼

2023 · €42k

Solvency

47.0%▲

2023 · 45.0%

Current ratio

1.08▼

2023 · 1.31

Quick ratio

0.72▼

2023 · 1.05

Debt / equity

1.13▼

2023 · 1.22

ROE

-57.8%▼

2023 · 81.7%

ROA

-27.1%▼

2023 · 36.8%

Interest coverage

43.71▼

2023 · 51.31

Debt

€29k▼

2023 · €50k

Debt ≤ 1 year

€29k▼

2023 · €50k

Income taxes

€128▼

2023 · €7k

Staff costs

€28k▲

2023 · €25k

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€90k€55k▼

Fixed assets21/28€25k€23k▼

Tangible fixed assets22/27€25k€23k▼

Plant, machinery and equipment23€21k€21k▼

Furniture and vehicles24€4k€3k▼

Current assets29/58€65k€32k▼

Stocks and contracts in progress3€13k€11k▼

Stocks30/36€13k€11k▼

Amounts receivable within one year40/41€11k€1k▼

Trade receivables40€10k-

Other amounts receivable41€1k€1k▲

Cash at bank and in hand54/58€39k€17k▼

Deferred charges and accrued income490/1€2k€2k=

Equity and liabilities

Total equity and liabilities10/49€90k€55k▼

Equity10/15€41k€26k▼

Contributions10/11€6k€6k=

Reserves13€34k€34k=

Distributable reserves133€34k€34k=

Profit (loss) carried forward14-€-15k

Amounts payable17/49€50k€29k▼

Amounts payable within one year42/48€50k€29k▼

Current portion of amounts payable after more than one year42€665-

Trade debts44€20k€12k▼

Suppliers440/4€20k€12k▼

Taxes, remuneration and social security45€9k€7k▼

Taxes450/3€9k€7k▼

Other amounts payable47/48€20k€10k▼

Income statement Code20232024

Remuneration, social security and pensions62€25k€28k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€12k▲

Other operating charges640/8€2k€2k▼

Gross operating margin9900€77k€19k▼

Operating profit (loss)9901€41k€-23k▼

Financial income75/76B€194€8k▲

Recurring financial income75€194€8k▲

Non-recurring financial income76B€194€8k▲

Financial charges65/66B€972€-240▼

Recurring financial charges65€972€-240▼

Profit (loss) for the period before taxes9903€40k€-15k▼

Income taxes67/77€7k€128▼

Profit (loss) for the period9904€33k€-15k▼

Profit (loss) for the period to be appropriated9905€33k€-15k▼

Appropriation of the result

Profit (loss) to be appropriated9906€12k€-15k▼

Profit (loss) brought forward from the previous period14P€-21k-

Transfer to equity691/2€12k-

To other reserves6921€12k-

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 12Financial 4Filings 8

2025

16-12

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 138 days late

2024

08-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 8 days late

2023

31-12

Financial Back to profitnet €33k

Net result €33k after one loss-making year.

16-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 16 days late

2022

26-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

21-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

31-12

Financial Back to profitnet €56k

Net result €56k after 2 loss-making years.

31-12

Financial Liquidity times 9current ratio 1.85

Current ratio from 0.21 to 1.85.

16-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 16 days late

2019

31-12

Financial Weakest financial yearnet €-30k

Net result drops to €-30k, the lowest in the series; recovery starts the following year.

13-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 13 days late

2018

14-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 14 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

5 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, Marche-en-Famenne · 1 establishment unit since 2016

establishment The establishment unit on the map

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.

Harg., Rue de la Commanderie 126900 Marche-en-Famenne

Ground area

486 m²

Building footprint

130 m²

Parcel 83022A0312/03W000, Wallonia. Linked by address, not a title deed.

1 establishment unit

Fast food famenne

Harg., Rue de la Commanderie 12, 6900 Marche-en-FamenneNACE 45113

since 20162.252.474.117

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
83022A0312/03W000	Wallonia	486 m²	1 · 130 m²	-

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 site

Marche-en-Famenne2.252.474.117

1 permission

Toelating · Frituur · since 21-06-2022

Similar companies · same sector, comparable size

Of 21,896 companies in sector 56112 we hold annual accounts for 9,778. 8,303 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company (pre-2019)

Founded15-04-2016

Fiscal year end31-12

Activities, NACEBEL

56102Limited-service restaurants

56112Limited-service restaurants, excluding mobile food services

Sources

Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.