Equity
€84,020 ▲ 524%
Equity rose in 2025 from €13,471 to €84,020.
BOFO
Lifetime
12 annual accounts with figures on one time axispeak €391,363 (2025)
€391,363▲ 74.0%
lowest -€68,032 (2014)
€70,550▲ €84,943
peak €84,020 (2025)
€84,020▲ 524%
€332,523▲ 7.8%
peak 7.3 FTE (2025)
7.3 FTE▲ 58.7%
Board1 name since 2014
1 director
Owners
50%
Documentsfilings and deeds
20-08-202620 days late
2025abbreviated format
Gross margin from €224,891 to €391,363Back to profit: €70,550Staff from 4.6 FTE to 7.3 FTEEquity from €13,471 to €84,0201 establishment registeredCash from €51,161 to €106,789
Key points
from the 2025 annual accountsTurnover
≈ €1.7m estimated
The accounts state no turnover.
Debts
€332,523 79% of the balance sheet
Financial debts 46%Suppliers 18%Taxes and wages 18%Other 18%
€193,023 of the debts are secured on the company's own assets. In 2021 that was €457,203.
Investments
€87,173 1.5 × depreciation
Green is investment, beige is depreciation. Machinery stands 39.5% higher than in 2024.
Staff
20 employees on 31-12-2025
In 2025, 24 people joined and 12 left.
Filings
12 annual accounts since 2014
Ten of the last ten came late. The 2016 accounts came latest: 31 days after the end of the period.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,053 companies had the same profile as BOFO has now. Each dot stands for 13 companies, two years later.
95.9%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,053 companies, not a prediction for BOFO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director, since 06-06-2014
- 50%score equity €853,763 (2025) · 2025 annual accounts of
Recent changes
New establishment in Vielsalm
Boulangerie Fonk, Avenue de la Salm 48
New establishment in Spa
Boulangerie Fonk, Place Verte 92
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0553828131
New establishment in Vielsalm
Boulangerie Fonk, Rue du Vieux-Marché 3
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BOFO Liège | €419,043 | €391,363 | 20.1% | 7.3 |
| DISTRIPAT Raeren | €474,237 | €463,757 | 56.8% | 7.9 |
| BENGICO Liège | €491,708 | €425,360 | 30.6% | 7.3 |
| Bakker Aldo Antwerp | €556,653 | €446,906 | 11.9% | 7.8 |
| DULZURA Leuven | €378,971 | €326,805 | 0.1% | 5.6 |
| Les Liégeoiseries Liège | €438,739 | €505,907 | 12.3% | 10.3 |
| REMACLE COLIMILO Lontzen | €299,245 | €449,689 | 51.1% | 10.8 |
These companies have the same main activity as BOFO: retail sale of bread and pastry (bakery outlets) (NACE 47241). They are comparable in size and age: total assets between €299,000 and €557,000, founded between 2009 and 2018.
Official details
Source: KBO- Status
- Active since 16-06-2014Normal situation
- Activity
- Retail sale of bread and pastry (bakery outlets)NACE 47241and 1 other
- Establishment units
- 2.231.726.0154020 Liège, since 25-06-2014
- 2.375.233.2586690 Vielsalm, since 01-07-2025and 2 others
- Financial year end
- 31 December
- Peppol
- Reachable since 25-11-2025
Annual accounts 2025
- €419,043▲ 30.1%
- Employeeson 31-12-2025
- 20▲ 150%
- Filing
- Filed on 20-08-2026
Insights on BOFO
BOFO files the abbreviated format. That format states no turnover. The gross margin rose from -€47,623 in 2014 to €391,363 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BOFO
- What is the company number of BOFO?
- The company number of BOFO is 0553.828.131. The VAT number is the same number with BE in front: BE 0553.828.131.
- Where is BOFO based?
- The registered office is at Rue Grétry 107, 4020 Liège.Company details
- What does BOFO 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 BOFO?
- BOFO is a private limited company (BV).
- When was BOFO founded?
- BOFO was founded on 16-06-2014.
- Is BOFO still active?
- Yes, BOFO is an active enterprise in the KBO register.
- How many employees does BOFO have?
- BOFO had an average of 7.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of BOFO?
- The turnover in financial year 2025 is ≈ €1.7m. This figure is estimated from the gross margin of €391,363 and 48 comparable companies (NACE 472). It probably lies between €1.1m and €2.7m.
- Is BOFO profitable?
- In financial year 2025, BOFO made a profit of €70,550.
- Where can I find the annual accounts of BOFO?
- BOFO filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BOFO due?
- BOFO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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