Biscuits Bofin
ActiveThe file of Biscuits Bofin contains 4 historical bankruptcy publications, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 0.4% (very low). The 2025 annual accounts show negative equity (-€4.8m) and a net result of -€1.4m. Equity is shrinking by ~42.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 663 sector peers (fiscal year 2025).
Checked score
Score 2025
Axes · tick = 2024
Profitability5▼-4
Solvency0=
Growth58▼-20
Track record85
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.15 against 0.26 in 2024; short-term debt: 29.6% and cash: 0.2% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
Manufacture of food products (NACE 10)
about 60% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
-39.9%
Return on assets
-11.8%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€4.8m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
on the day
2024
110 d late
2023
9 d early
2022
24 d early
2021
120 d late
2020
82 d early
2019
29 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 12 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
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. Usually files around 31 July (4 of the last 5 filed years within 110 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
In the rankings
#1 company by total assets in Putte, Manufacturing sector#1 oldest company in Putte, Manufacturing sector#7 employer in Putte
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€1.4m▼ 12.7%
2024 · -€1.3m
Working capital
-€3.0m▲ 9.5%
2024 · -€3.3m
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€989,556-€1.1m▼ 7.0%-€452,992▲ 57.2%-€505,073▼ 11.5%-€573,733▼ 13.6%
Net result-€1.6mbelow the sector's middle half▼ 523%-€1.8mbelow the sector's middle half▼ 11.9%-€1.3mbelow the sector's middle half▲ 27.9%-€1.3mbelow the sector's middle half▲ 2.0%-€1.4mbelow the sector's middle half▼ 12.7%
Equity€969,339above the sector's middle half▼ 62.2%-€815,732below the sector's middle half-€2.1mbelow the sector's middle half▼ 158%-€3.4mbelow the sector's middle half▼ 60.0%-€4.8mbelow the sector's middle half▼ 42.2%
Total assets€14.5mabove the sector's middle half▼ 2.1%€13.9mabove the sector's middle half▼ 3.6%€13.5mabove the sector's middle half▼ 2.9%€13.2mwithin the sector's middle half▼ 2.1%€12.0mwithin the sector's middle half▼ 9.5%
Debt€12.8m▲ 13.6%€14.5m▲ 13.1%€15.6m▲ 7.7%€16.6m▲ 6.2%€16.8m▲ 1.0%
Working capital-€2.5mbelow the sector's middle half▼ 38.7%-€2.4mbelow the sector's middle half▲ 4.2%-€3.2mbelow the sector's middle half▼ 31.7%-€3.3mbelow the sector's middle half▼ 5.0%-€3.0mbelow the sector's middle half▲ 9.5%
Solvency6.7%below the sector's middle half▼ 10.7pp-5.9%below the sector's middle half▼ 12.6pp-15.5%below the sector's middle half▼ 9.7pp-25.4%below the sector's middle half▼ 9.9pp-39.9%below the sector's middle half▼ 14.5pp
Current ratio0.20below the sector's middle half▼ 0.100.21below the sector's middle half=0.22below the sector's middle half▲ 0.010.26below the sector's middle half▲ 0.040.15below the sector's middle half▼ 0.11
Return on assets (ROA)-11.0%below the sector's middle half▼ 9.3pp-12.8%below the sector's middle half▼ 1.8pp-9.5%below the sector's middle half▲ 3.3pp-9.5%below the sector's middle half=-11.8%below the sector's middle half▼ 2.3pp
Staff (FTE)45.2above the sector's middle half▲ 1.8%43.1above the sector's middle half▼ 4.6%45.2above the sector's middle half▲ 4.9%41.4within the sector's middle half▼ 8.4%43within the sector's middle half▲ 3.9%
above
within
below
the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €573,733 in 2025 against €505,073 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.0m
Fixed assets
€11.5m ▼ 5.1%
Current assets
€534,377 ▼ 54.4%
Key figures and ratios
EBITDA
€115,316▼
2024 · €163,868
Cash flow
-€730,662▼
2024 · -€591,301
Quick ratio
0.09▼
2024 · 0.21
Debt to equity
-3.51▲
2024 · -4.94
Interest coverage
0.14▼
2024 · 0.23
Debt ≤ 1 year
€3.5m▼
2024 · €4.5m
Debt > 1 year
€11.0m▲
2024 · €10.5m
Income taxes
-€266▼
2024 · €36,744
Staff costs
€2.1m▲
2024 · €1.9m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 678 companies that looked in July 2024 the way this one looks now, 6.8% went bankrupt within 24 months and 85% are still going.
- Small
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
6.8%
went bankrupt
6.2%
stopped otherwise
85%
still going
A further 2.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 678 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €334,589 | €413,209 | €240,000 | €0 | €32,315 | - |
| Remuneration, social security and pensions62 | €2.1m | €1.9m | €2.2m | €1.9m | €2.1m | ▲ 11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €635,878 | €596,109 | €711,722 | €668,941 | €689,049 | ▲ 3.0% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €0 | - | - | - | - | - |
| Other operating charges640/8 | €89,491 | €109,065 | €98,786 | €90,013 | €121,502 | ▲ 35.0% |
| Non-recurring operating charges66A | €158,383 | €288,229 | €89,561 | €333,276 | €200,874 | ▼ 39.7% |
| Gross operating margin9900 | €2.0m | €1.9m | €2.7m | €2.5m | €2.6m | ▲ 2.9% |
| Operating profit (loss)9901 | -€989,556 | -€1.1m | -€452,992 | -€505,073 | -€573,733 | ▼ 13.6% |
| Financial income75/76B | €300,199 | €7 | €10 | €1 | €2,399 | ▲ 185,839% |
| Recurring financial income75 | €199 | €7 | €10 | €1 | €2,399 | ▲ 185,839% |
| Non-recurring financial income76B | €300,000 | - | - | - | - | - |
| Financial charges65/66B | €906,424 | €725,613 | €832,657 | €718,426 | €848,643 | ▲ 18.1% |
| Recurring financial charges65 | €662,428 | €725,613 | €832,657 | €718,426 | €848,643 | ▲ 18.1% |
| Non-recurring financial charges66B | €243,995 | €0 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€1.6m | -€1.8m | -€1.3m | -€1.2m | -€1.4m | ▼ 16.1% |
| Income taxes67/77 | €0 | €294 | €524 | €36,744 | -€266 | ▼ 101% |
| Profit (loss) for the period9904 | -€1.6m | -€1.8m | -€1.3m | -€1.3m | -€1.4m | ▼ 12.7% |
| Profit (loss) for the period to be appropriated9905 | -€1.6m | -€1.8m | -€1.3m | -€1.3m | -€1.4m | ▼ 12.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €14.5m | €13.9m | €13.5m | €13.2m | €12.0m | ▼ 9.5% |
| Formation expenses20 | €3,809 | €2,936 | €1,904 | €952 | €0 | ▼ 100% |
| Fixed assets21/28 | €13.8m | €13.3m | €12.6m | €12.1m | €11.5m | ▼ 5.1% |
| Tangible fixed assets22/27 | €13.8m | €13.3m | €12.6m | €12.1m | €11.5m | ▼ 5.1% |
| Land and buildings22 | €5.4m | €5.3m | €5.1m | €5.0m | €4.8m | ▼ 3.4% |
| Plant, machinery and equipment23 | €7.9m | €7.5m | €7.0m | €6.7m | €6.2m | ▼ 6.5% |
| Furniture and vehicles24 | €66,777 | €53,346 | €53,923 | €33,989 | €20,359 | ▼ 40.1% |
| Other tangible fixed assets26 | €405,000 | €405,000 | €405,000 | €405,000 | €405,000 | = |
| Financial fixed assets28 | €21,782 | €21,932 | €21,932 | €0 | - | - |
| Current assets29/58 | €646,746 | €633,341 | €877,130 | €1.2m | €534,377 | ▼ 54.4% |
| Stocks and contracts in progress3 | €414,058 | €419,708 | €391,406 | €206,324 | €206,982 | ▲ 0.3% |
| Stocks30/36 | €414,058 | €419,708 | €391,406 | €206,324 | €206,982 | ▲ 0.3% |
| Amounts receivable within one year40/41 | €173,131 | €176,155 | €398,550 | €937,825 | €252,811 | ▼ 73.0% |
| Trade receivables40 | €111,642 | €133,033 | €372,550 | €900,207 | €209,289 | ▼ 76.8% |
| Other amounts receivable41 | €61,489 | €43,123 | €26,000 | €37,618 | €43,522 | ▲ 15.7% |
| Cash at bank and in hand54/58 | €43,401 | €18,104 | €36,393 | €666 | €28,073 | ▲ 4,114% |
| Deferred charges and accrued income490/1 | €16,157 | €19,374 | €50,781 | €27,094 | €46,511 | ▲ 71.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €14.5m | €13.9m | €13.5m | €13.2m | €12.0m | ▼ 9.5% |
| Equity10/15 | €969,339 | -€815,732 | -€2.1m | -€3.4m | -€4.8m | ▼ 42.2% |
| Contributions10/11 | €3.0m | €3.0m | €3.0m | €3.0m | €3.0m | = |
| Capital10 | €3.0m | €3.0m | €3.0m | €3.0m | €3.0m | = |
| Issued capital100 | €3.0m | €3.0m | €3.0m | €3.0m | €3.0m | = |
| Revaluation surpluses12 | €11.3m | €11.3m | €11.3m | €11.3m | €11.3m | = |
| Reserves13 | €307,932 | €307,932 | €307,932 | €307,932 | €307,932 | = |
| Non-distributable reserves130/1 | €46,480 | €46,480 | €46,480 | €46,480 | €46,480 | = |
| Legal reserve130 | €7,437 | €7,437 | €7,437 | €7,437 | €7,437 | = |
| Reserves not available under the articles1311 | €39,043 | €39,043 | €39,043 | €39,043 | €39,043 | = |
| Tax-exempt reserves132 | €261,452 | €261,452 | €261,452 | €261,452 | €261,452 | = |
| Distributable reserves133 | €0 | - | - | - | - | - |
| Profit (loss) carried forward14 | -€13.6m | -€15.4m | -€16.7m | -€17.9m | -€19.3m | ▼ 7.9% |
| Provisions and deferred taxes16 | €653,209 | €240,000 | €0 | - | - | - |
| Provisions for liabilities and charges160/5 | €653,209 | €240,000 | €0 | - | - | - |
| Environmental obligations163 | €653,209 | €240,000 | €0 | - | - | - |
| Amounts payable17/49 | €12.8m | €14.5m | €15.6m | €16.6m | €16.8m | ▲ 1.0% |
| Amounts payable after more than one year17 | €9.1m | €10.5m | €10.3m | €10.5m | €11.0m | ▲ 4.6% |
| Financial debts170/4 | €9.1m | €10.5m | €10.3m | €10.5m | €11.0m | ▲ 4.6% |
| Amounts payable within one year42/48 | €3.2m | €3.0m | €4.0m | €4.5m | €3.5m | ▼ 21.2% |
| Current portion of amounts payable after more than one year42 | €803,500 | €394,500 | €863,900 | €1.1m | €501,171 | ▼ 54.3% |
| Trade debts44 | €1.4m | €1.4m | €2.0m | €2.0m | €1.5m | ▼ 25.5% |
| Suppliers440/4 | €1.4m | €1.4m | €2.0m | €2.0m | €1.5m | ▼ 25.5% |
| Taxes, remuneration and social security45 | €984,736 | €1.3m | €1.2m | €1.3m | €1.5m | ▲ 11.1% |
| Taxes450/3 | €96,535 | €61,370 | €95,421 | €279,859 | €88,539 | ▼ 68.4% |
| Remuneration and social security454/9 | €888,201 | €1.2m | €1.1m | €1.0m | €1.4m | ▲ 32.7% |
| Other amounts payable47/48 | - | - | - | €57,156 | €74,879 | ▲ 31.0% |
| Accrued charges and deferred income492/3 | €590,584 | €931,313 | €1.3m | €1.6m | €2.3m | ▲ 38.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1.6m | -€1.8m | -€1.3m | -€1.3m | -€1.4m | ▼ 12.7% |
| + Depreciation and write-downs630 | €635,878 | €596,109 | €711,722 | €668,941 | €689,049 | ▲ 3.0% |
| Operating cash flow (approximation) | -€959,902 | -€1.2m | -€574,442 | -€591,301 | -€730,662 | ▼ 23.6% |
| Investment in fixed assets (approximation) | - | -€89,293 | -€65,467 | -€90,497 | -€71,600 | ▲ 20.9% |
| Change in cash | - | -€25,297 | €18,289 | -€35,727 | €27,407 | ▲ 177% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 110 days late
18-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 110 days late
11-03
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · event 03-03-2025
28-02
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · event 24-02-2025
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet -€1.8m
Net result drops to -€1.8m, the lowest in the series; recovery starts the following year.
28-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 120 days late
2021
10-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €2mEq €2.6m
Equity rises from -€3.6m to €2.6m.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
07-09
Bankruptcy
Bankruptcy reversal
Hof van beroep te Antwerpen
30-06
Bankruptcy
Opening
Rechtbank van koophandel Antwerpen, afdeling Mechelen · event 27-06-2016
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 23 acts read
About the unread acts
We know of 23 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
23 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, Putte · 1 establishment unit since 1953
Ground area
1.8 ha
Building footprint
1.1 ha
Volume, LiDAR
56,605 m³
Parcel 12429D0111/00V000, Flanders · tallest building 12.4 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Mechelbaan 690, 2580 Putte
since 19532.006.264.559
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12429D0111/00V000 | Flanders | 1.8 ha | 1 · 1.1 ha | 12.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | ELKE GOOSSENS LEOPOLDSTRAAT 64,
2800 MECHELEN |
24-02-2025 → 03-03-2025 |
| Curator | Mr VAN DEN BERGHEN KRIS FREDERIK DE MERODES-TRAAT 94-96, 2800 MECHELEN |
27-06-2016 → 07-09-2016 |
Structure & network
Owners and holdings
1 ownerOwners 1
-
20%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 852 EUR awarded · 852 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 852 EUR | 852 EUR |
Schemes
Recognitions · licences · registrations
Food safety, FASFC
1 sitePutte2.006.264.559
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Of 514 companies in sector 10711 we hold annual accounts for 329. 185 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded13-10-1953
Fiscal year end31-12
Activities, NACEBEL 2025
10711Manufacture of food products
10720Manufacture of food products
E-invoicing
Reachable via Peppol
Peppol ID
0208:0400826764
Registered
19-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
General meetings
1 convocationExtraordinary general meeting
Agenda
1. Verhoging van het maatschappelijk kapitaal met zeshonderd- vijftigduizend euro (650.000 EUR) om het te brengen van tweehonderd- vijftigduizend (250.000 EUR) op negenhonderdduizend euro (900.000 EUR) door incorporatie van beschikbare reserves en zonder uitgifte van nieuwe aandelen. 2. Vaststelling dat de kapitaalverhoging is verwezenlijkt. 3. Hergroepering van de aandelen. 4. Wijziging van artikel 5 van de statuten om het in overeenstem- ming te brengen met het genomen besluit inzake de kapitaalverhoging. 5. Aanpassing van de volledige tekst van statuten aan de wet van 2 augustus 2002, betreffende het “Deugdelijk Bestuur” en aan de Programmawet van 27 december 2004. 6. Volmacht voor de coö ...