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BREAD BOX

Active Private limited companyfounded 2020active for 6 yearsVieux Chemin de Lille 30, 7501 TournaiKBO/BCE: BE 0752.680.210

Overview

Lifetime

5 annual accounts with figures on one time axis
peak €298,167 (2025)
€298,167▲ 5.9%
lowest -€131,507 (2025)
-€131,507▼ €95,522
peak €61,817 (2023)
-€105,675▼ €131,507
€1.5m▲ 42.5%
Board2 names since 2020
2 directors and 1 other
Documentsfilings and deeds
16-06-202645 days before the deadline
2025micro format
Loss of €131,507Equity from €25,832 to -€105,675Debts from €1.0m to €1.5mInvestments €398,298

Key points

from the 2025 annual accounts

Equity

-€105,675
20212022202320242025

Debts exceed assets in financial year 2025.

Result

-€131,507 ▼ 265%
-€36,0002024-€132,0002025

The result fell in 2025 from -€35,985 to -€131,507.

Debts

€1.5m 108% of the balance sheet
Financial debts 82%Suppliers 5%Taxes and wages 3%Other 9%

Of this, €302,833 falls due within a year.

Investments

€398,417 5.1 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Land and buildings stand 34.2% higher than in 2024.

Staff

16 employees on 31-12-2025
2314202113112022292720233635202449462025

In 2025, 49 people joined and 46 left.

Position in the sector

-€131,507

Lower net result than 95% of companies in food products. Sector median €7,704 · 2,084 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,565 companies had the same profile as BREAD BOX has now. Each dot stands for 4 companies, two years later.

88.8%
were still trading
5.4%
stopped another way
5.1%
went bankrupt
  • Micro
  • 5 to 10 years old
  • negative equity
  • a small loss

Another 0.6% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 1,565 companies, not a prediction for BREAD BOX. 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

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
  • 50 sharesdeed of 20-08-2020
  • 50 sharesdeed of 20-08-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0752680210
Incorporation Founding capital of €5,000, 100 shares · Founders: and · Appointments: (director) and (director) · published on 20-08-2020 · Gazette deed
2 establishments registered Tournai
All 9 events

Comparable companies

same main activity, similar in size and age
Company
BREAD BOX Tournai €1.4m €298,167 -7.7% -
Nature de Pain Fernelmont €1.5m €385,779 -1.7% -
Pâtisserie Meremans Ninove €1.1m €362,170 9.2% -
LIKAJ Schilde €1.1m €368,676 0.5% -
HIMSCHOOT Ghent €1.8m €248,694 11.1% 15.3
LUC DECROOS Roeselare €1.1m €417,617 -27.0% 5.4
Bakkerij Jens VAN TICHELT Lille €0.9m €293,891 -6.2% -

These companies have the same main activity as BREAD BOX: artisanal bread and fresh pastry making (NACE 10712). They are comparable in size and age: total assets between €910,000 and €1.8m, founded between 2018 and 2021.

Official details

Source: KBO
Status
Active since 18-08-2020Normal situation
Activity
Artisanal bread and fresh pastry makingNACE 10712
Joint committees
201Independent retail
118Food industry · annual accounts 2025
Establishment units
2.306.286.0547501 Tournai, since 18-08-2020
2.306.286.1537500 Tournai, since 18-08-2020
Financial year end
31 December
Peppol
Reachable since 15-07-2025
Company details

Annual accounts 2025

€298,167▲ 5.9%
≈ €600,000estimated
€131,507▲ 265%
-€105,675
€1.4m▲ 29.0%
Employeeson 31-12-2025
16▲ 23.1%
Filing
Filed on 16-06-2026, 45 days before the end of the filing period
Financials

Insights on BREAD BOX

BREAD BOX files the micro format. That format states no turnover. The gross margin rose from €256,077 in 2021 to €298,167 in 2025.

The balance sheet grew most from 2023 to 2025 through fixed assets, financed with long-term debt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 16-06-2026, 45 days before the deadline
€298,167
▲ 5.9%
-€78,025
▼ €63,645
-€131,507
▼ €95,522
-€255,851
▼ €156,740
-7.7%
▼ 10.2 percentage points
0.16
▼ 0.22

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €600,000. Estimated: probably between €420,000 and €870,000.

Balance sheet

balance sheet total €1.4m on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

-7.7%

Higher than 19% of 2,082 companies in 2025.

0.16

Lower than 95% of 2,021 companies in 2025.

-9.6%

Higher than 18% of 2,039 companies in 2025.

BREAD BOX Middle half of the sector 80% of the sector Micro accounts in food products (NACE 10)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: top quarter · Working capital: bottom quarter

Staff

€35,987

Staff costs divided by the average number of full-time equivalents.

+3 people

people who joined people who left

In 2025, 49 people joined and 46 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021
Balance sheet: assets
20/58 1.4m1.1m190,422161,016140,835
21/28 1.3m999,72576,39467,41278,938
21 3,525----
22/27 1.3m998,91275,69966,80678,333
22 980,234730,69410,614--
24 335,554261,70848,95841,06042,968
25 -6,50916,12825,74635,365
28 694813694605605
29/58 46,98259,740114,02893,60461,897
3 10,3918,0757,3405,2814,991
30/36 10,3918,0757,3405,2814,991
40/41 20,04622,97226,18715,7514,324
40 17,27422,47216,18715,7514,324
41 2,77350010,000--
54/58 9,50112,50571,70762,19843,542
490/1 7,04316,1898,79410,3749,040
Balance sheet: equity and liabilities
10/49 1.4m1.1m190,422161,016140,835
10/15 -105,67525,83261,81742,83325,245
10/11 5,0005,0005,0005,0005,000
14 -110,67520,83256,81737,83320,245
17/49 1.5m1.0m128,605118,184115,590
17 1.2m874,78223,23132,96444,239
170/4 1.2m874,78223,23132,96444,239
42/48 302,833158,852105,37485,21971,351
42 106,14369,93233,50226,54114,990
43 39,820----
430/8 39,820----
44 76,72530,31634,68822,44430,144
440/4 76,72521,68534,68822,44430,144
441 -8,631---
45 50,80941,40036,11734,62513,763
450/3 1,5001,8681,8932,764761
454/9 49,30939,53234,22531,86113,002
47/48 29,33517,2041,0671,61012,455
Income statement
76A 270377---
9900 298,167281,614264,908224,139256,077
62 291,495230,178213,080178,190196,626
630 78,01565,05026,35122,80527,675
640/8 6,5727211,0293491,746
66A 11145--3,000
9901 -78,025-14,38024,44822,79427,030
75/76B 460481510
75 460481510
65/66B 53,48622,2095,5455,2126,777
65 53,48622,2095,5455,2126,777
9903 -131,507-35,98518,98417,58720,263
67/77 ----18
9904 -131,507-35,98518,98417,58720,245
9905 -131,507-35,98518,98417,58720,245
Appropriation of the result
9906 -110,67520,83256,81737,83320,245
14P 20,83256,81737,83320,245-
Social balance sheet
9087 8.18.176.86
Hours worked1013 11,12310,1389,7549,44311,186
Document PDFPDFPDFPDFPDF

The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 16-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 16-06-2026 2026-00190858 PDF
31-12-2024 micro format 14-07-2025 2025-00263475 PDF
31-12-2023 micro format 28-08-2024 2024-00388090 PDF
31-12-2022 micro format 18-07-2023 2023-00248816 PDF
31-12-2021 micro format 16-08-2022 2022-20289456 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021
-1050,67050,79945,60054,705
-53,49229,06545,33540,39347,920
398,417988,38235,33311,279106,613
-3,004-59,2029,50918,656-
-255,851-99,1118,6548,385-9,454
-7.7%2.4%32.5%26.6%17.9%
0.160.381.081.100.87
0.120.331.011.040.80
-40.012.082.764.58
--139.3%30.7%41.1%80.2%
-9.6%-3.4%10.0%10.9%14.4%
0.002.289.168.758.07

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date161312109
full-time54444
part-time119865
in full-time equivalents10.387.67.16.8
8.17.276.86
On a permanent contract66544
Joined4936291323
Left4635271114
Training hours-1,053---

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€394,680€988,263€35,244€11,279€106,007
Intangible fixed assets€3,737----
Financial fixed assets-€119€89-€605
€78,015€65,050€26,351€22,805€27,675

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on BREAD BOX

The operating result for 2025 is a loss of €78,025, larger than the loss of €14,380 in 2024. It is the lowest result since 2021.

Equity is negative. Debt (€1.5m) exceeds the balance-sheet total (€1.4m).

Board & ownership

Board

2 directors, since incorporation
Director (not named in the articles)
appointed by deed of 20-08-2020 term without a fixed end
listed in the 2025 annual accounts, filed on 16-06-2026
Director (not named in the articles)
appointed by deed of 20-08-2020 term without a fixed end
listed in the 2025 annual accounts, filed on 16-06-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“B/ Pouvoirs Sous réserve de ce qui est dit ci-après, chaque administrateur agissant seul représente la société à l'égard des tiers et en…”
deed of 20-08-2020

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today

Director (not named in the articles)

Director (not named in the articles)
Board
Mandates as a list
    • Director (not named in the articles), appointed by deed of 20-08-2020, still in office
    • Director (not named in the articles), appointed by deed of 20-08-2020, still in office

See the board, name and registered office on a given date →

Control

Founders
,
This company
BREAD BOX
Equity -€105,675
Loss €131,507 in 2025

Capital

Contribution
€5,000
Shares
100
Contribution per share
€50
Equity per share
-€1,057 in 2025
Source
deed of 20-08-2020

Articles of association

deed of 20-08-2020 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Monday of June at 18:00
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Les plus étendus conférés par articles 2:87 et suivants CSA, confirmation par Tribunal de l'Entreprise compétent”

Shareholders

At incorporation deed of 20-08-2020 ↗
  • 50 shares (50%) · €2,500 in cash
  • 50 shares (50%) · €2,500 in cash

Network & group

No group

BREAD BOX has no parent and no holdings in its annual accounts. BREAD BOX shares no director with another company.

Timeline

Timeline

9 events since 2020

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 45 days before the deadline
2025
Weakest financial year net -€131,507 The net result drops to -€131,507, the lowest from 2021 to 2025.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0752680210
Annual accounts 2024 filed PDFmicro format · 17 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 28 days late
2023
Annual accounts 2022 filed PDFmicro format · 13 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 16 days late
2020
IncorporationFounding capital of €5,000, 100 shares · Founders: and · Appointments: (director) and (director) · published on 20-08-20205 points ▸
  • Founder,
  • Founder,
  • Founding capital, €5,000, 100 shares
  • Director appointment, (director (not named in the articles))
  • Director appointment, (director (not named in the articles))
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

2 establishments registered Tournai

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

BREAD BOX was incorporated on 18 August 2020 as a private limited company by two natural persons, with a starting capital of €5,000.12 The board currently has 2 members.3 Total assets rose from €140,835 in 2021 to €1.4m in 2025 and headcount from 6 to 8.1 full-time equivalents.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 20-08-2020
  3. 3National Bank, annual accounts 2025
  4. 4National Bank, annual accounts 2021 and 2025

Company details

Identity

Enterprise number
0752.680.210
VAT number
BE 0752.680.210
Peppol ID
0208:0752680210
Other Peppol ID
9925:BE0752680210
Legal form
Private limited company
Status
Active, normal situation
Founded
18-08-2020
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Monday of June at 18:00
deed of 20-08-2020 (in French)
Peppol
Reachable since 15-07-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
BREAD BOX in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 20-08-2020 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région Wallonne”
deed of 20-08-2020 (in French)

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
Joint committees annual accounts 2025
JC 201 Independent retail
JC 118 Food industry
Codes under NACEBEL 2008
VAT activities
10712 Artisanal bread and fresh pastry making main activity
Social security (RSZ) activities
10712 Artisanal bread and fresh pastry making main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“La société peut procéder à toutes opérations commerciales,industrielles,immobilières,mobilières ou financières qui sont directement ou…”
24 activities
  1. La société peut procéder à toutes opérations commerciales,industrielles,immobilières,mobilières ou financières qui sont directement ou indirectement liées ou apparentées à son objet ou qui peuvent en favoriser la réalisation
  2. La société peut,par des apports,des fusions,des souscriptions ou de toute autre manière,participer à des entreprises,des associations ou des sociétés qui ont un objet similaire ou annexe ou qui peuvent contribuer à la réalisation de tout ou partie de son objet social
  3. L'énumération ci-dessus n'est pas limitative,de sorte que la société puisse procéder à toute opération qui,de quelque manière que ce soit,peut contribuer à la réalisation de son objet social
  4. L’acquisition de participations,sous quelque forme que ce soit,dans toutes sortes de personnes morales et sociétés existantes ou à constituer
  5. La stimulation,la planification,la coordination,le développement de et l'investissement dans des personnes morales et des entreprises dans lesquelles elle a une participation ou non
  6. Contracter ou l’octroi de prêts et d'ouvertures de crédit à des personnes morales et à des entreprises ou à des particuliers,sous quelque forme que ce soit
  7. Dans ce cadre,elle peut également se porter garante ou donner son aval,au sens le plus large,procéder à toutes sortes d'opérations commerciales et financières,à l'exclusion de celles qui sont réservées par la loi à des banques de dépôt,à des dépositaires à court terme,à des caisses d’épargne,à des sociétés hypothécaires et à des entreprises de capitalisation
  8. Donner des conseils de nature financière,technique,commerciale ou administrative,au sens le plus large,à l'exclusion de conseils en matière d'investissements et de placements d'argent
  9. Donner de l'aide et procurer des services,que ce soit directement ou indirectement,en matière d'administration et de finances,de vente,de production et d'administration générale
  10. Assumer toutes sortes de mandats administratifs,remplir des missions et exercer des fonctions,y compris des mandats de gérant,administrateur,directeur ou liquidateur
  11. Développer,acheter,vendre,prendre en licence ou donner des brevets,du savoir-faire et d'autres immobilisations incorporelles durables et annexes
  12. La prestation des services administratifs et informatiques
  13. L'achat et la vente,l'importation et l'exportation,la commission et la représentation de tout biens généralement quelconques,en bref,agir comme intermédiaire commercial
  14. La recherche,le développement,la fabrication ou la commercialisation de nouveaux produits,de nouvelles formes de technologies et leurs applications
  15. Fournir des garanties réelles ou personnelles au profit de tiers
  16. La constitution et la gestion d'un patrimoine mobilier,toutes les opérations,de quelque nature qu'elles soient,relatives à des biens et des droits meubles,telles que l'acquisition,par souscription ou par achat,et la gestion d'actions,d'obligations,de bons de caisse ou d'autres valeurs meubles,de quelque forme que ce soit,de personnes morales et d'entreprises belges ou étrangères existantes ou à constituer
  17. La constitution et la gestion d'un patrimoine immobilier
  18. Toutes les opérations relatives aux biens immobiliers et aux droits réels immobiliers,telles que la location-financement de biens immobiliers aux tiers,l’achat,la vente,l'échange,la construction,la transformation,l'entretien,la mise en location,la prise en location,le lotissement,la prospection et l'exploitation de biens immobiliers
  19. L'achat et la vente,la prise en location et la mise en location de biens mobiliers,ainsi que toutes les opérations qui sont directement ou indirectement liées à cet objet et qui sont de nature à favoriser le rendement des biens mobiliers et immobiliers,ainsi que se porter garante pour le bon déroulement d'engagements pris par de tierces personnes qui ont éventuellement la jouissance de ces biens mobiliers et immobiliers
  20. L'exploitation de boulangeries ainsi que de pâtisseries,chocolateries,glaceries,confiseries,sandwicheries et la fabrication et la vente de tous produits alimentaires
  21. Toutes opérations se rapportant directement ou indirectement au commerce en gros et en détail et la fabrication du pain,chocolat,pralines,confiserie et de toutes pâtisseries
  22. L’achat,la fabrication,le stockage,la transformation,le transport et le commerce de gros,demi-gros et détail à plusieurs classifications,à savoir : denrées alimentaires,fruits,légumes,boissons diverses,article de presse,papeterie,livres,fournitures de bureau et articles de musique,librairie,boucherie,charcuterie,fromage,traiteur
  23. L'exploitation de tea-rooms et brasseries,la petite restauration,l'exploitation de restaurants
  24. L'activité de traiteur,la vente de plats et mets préparés,l'organisation de banquets,l'organisation d'événements
deed of 20-08-2020 (in French)

Registered office and establishments

2 establishments
Establishment Since Unit numberFASFC approval
Vieux Chemin de Lille 30 registered office 7501 Tournai
Chaussée de Lille 479 7501 Tournai 18-08-2020 2.306.286.054 Bakery
Buyer of raw cow’s milk
Rue de l'Yser 34 7500 Tournai 18-08-2020 2.306.286.153 Retail trade

Buildings and parcels at the addresses

Ground area
1,180 m²
Buildings
275 m²
Volume, LiDAR
2,108 m³
Tallest building
17.7 m
Buildings to scale, each on its own parcel
138 m², 6.5 m 77 m², 7.3 m 60 m², 17.7 m 138 m², 6.5 m 77 m², 7.3 m 60 m², 17.7 m

Location

registered office establishment All 2 establishment units on the map

Parcels

Cadastral parcelArea Buildings Height / floors
57060A0261/00N000577 m² 1 · 138 m² 6.5 m · 2
57060A0259/00F003485 m² 1 · 77 m² 7.3 m · 2
57081F0032/00B000118 m² 1 · 60 m² 17.7 m · 5

Recognitions

Food safety, FASFC

2 sites
Tournaiunit number 2.306.286.054
2 permissions
Authorisation · Bakery · since 18-08-2025
Authorisation · Buyer of raw cow’s milk · since 18-08-2025
Tournaiunit number 2.306.286.153
1 permission
Authorisation · Retail trade · since 19-10-2020

Source: FAVV-AFSCA, open data, updated on 02-11-2026

Contact

E-mail breadbox@outlook.be establishment in Tournai
Phone +32 473 91 60 60 establishment in Tournai
E-mail matguerin@voo.be establishment in Tournai