BREAD & TEA
ActiveSummary
The computed 12-month bankruptcy probability of BREAD & TEA is 3.2% (moderate). The 2025 annual accounts show negative equity (€-74k) and a net result of €-13k. Equity is shrinking by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 1554 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency0=
Growth50=
Track record100
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Age of the figures
Age of the figures
9 mo
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 →
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
192122232425
2019 to 2025 · latest year €-74k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
53 d late
2022
100 d late
2021
26 d late
2019
on the day
2018
on the day
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€167k▲ 1.0%
2019 · €165k
EBIT margin
0.0%▲ 13.1pp
2019 · -13.1%
Net result
€-13k
2024 · €24k
Working capital
€-24k▼ 769%
2024 · €-3k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€167k-
Operating result€22-€-3k€6k€24k▲ 279%€-13k
Net result€-46-€-3k▼ 6,791%€6k€24k▲ 283%€-13k
EBIT margin0.0%-
Equity€-68k-€-71k▼ 4.7%€-86k▼ 20.1%€-61k▲ 28.4%€-74k▼ 21.4%
Total assets€20k-€22k▲ 8.3%€13k▼ 42.0%€12k▼ 7.0%€3k▼ 74.1%
Debt€88k-€93k▲ 5.5%€98k▲ 5.6%€73k▼ 25.7%€77k▲ 6.1%
Working capital€-5k-€-14k▼ 209%€-20k▼ 40.5%€-3k▲ 86.4%€-24k▼ 769%
Staff (FTE)1
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 2025: a loss of €13k after €24k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3k
Fixed assets
€3k =
Current assets
€355 ▼ 96.1%
Key figures and ratios
Debt ≤ 1 year
€24k▲
2024 · €12k
Debt > 1 year
€52k▼
2024 · €59k
Staff costs
€15k▼
2024 · €16k
Ratios withheld: a balance sheet total of €3k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €167k | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | €15k | €4k | €16k | €15k | ▼ 10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €935 | €935 | €73 | €600 | - | - |
| Other operating charges640/8 | - | €276 | €304 | €702 | €653 | ▼ 6.9% |
| Gross operating margin9900 | €16k | €13k | €11k | €42k | €3k | ▼ 93.0% |
| Operating profit (loss)9901 | €22 | €-3k | €6k | €24k | €-13k | ▼ 151% |
| Financial income75/76B | - | - | €6 | - | €0 | - |
| Recurring financial income75 | - | - | €6 | - | €0 | - |
| Financial charges65/66B | - | €173 | €120 | €151 | €623 | ▲ 312% |
| Recurring financial charges65 | €68 | €173 | €120 | €151 | €623 | ▲ 312% |
| Profit (loss) for the period before taxes9903 | €-46 | €-3k | €6k | €24k | €-13k | ▼ 154% |
| Profit (loss) for the period9904 | €-46 | €-3k | €6k | €24k | €-13k | ▼ 154% |
| Profit (loss) for the period to be appropriated9905 | €-46 | €-3k | €6k | €24k | €-13k | ▼ 154% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €20k | €22k | €13k | €12k | €3k | ▼ 74.1% |
| Fixed assets21/28 | €2k | €1k | €773 | €3k | €3k | = |
| Tangible fixed assets22/27 | €2k | €644 | €273 | €2k | €2k | = |
| Plant, machinery and equipment23 | - | €644 | - | - | - | - |
| Furniture and vehicles24 | - | - | €273 | €201 | €201 | = |
| Other tangible fixed assets26 | - | - | - | €2k | €2k | = |
| Financial fixed assets28 | €500 | €500 | €500 | €500 | €500 | = |
| Current assets29/58 | €18k | €21k | €12k | €9k | €355 | ▼ 96.1% |
| Stocks and contracts in progress3 | €2k | €3k | €2k | €2k | - | - |
| Stocks30/36 | - | €3k | €2k | €2k | - | - |
| Amounts receivable within one year40/41 | €3k | €2k | €345 | €3k | - | - |
| Other amounts receivable41 | - | €2k | €345 | €3k | - | - |
| Cash at bank and in hand54/58 | €14k | €16k | €9k | €4k | €355 | ▼ 91.8% |
| Deferred charges and accrued income490/1 | - | - | - | - | €0 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €20k | €22k | €13k | €12k | €3k | ▼ 74.1% |
| Equity10/15 | €-68k | €-71k | €-86k | €-61k | €-74k | ▼ 21.4% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | - | €19k | - | - | - | - |
| Issued capital100 | - | €19k | - | - | - | - |
| Outside capital11 | - | - | €19k | - | - | - |
| Other1109/19 | - | - | €19k | - | - | - |
| Profit (loss) carried forward14 | €-87k | €-90k | €-104k | €-80k | €-93k | ▼ 16.4% |
| Amounts payable17/49 | €88k | €93k | €98k | €73k | €77k | ▲ 6.1% |
| Amounts payable after more than one year17 | €64k | €56k | €65k | €59k | €52k | ▼ 13.2% |
| Other amounts payable178/9 | - | €56k | €65k | €59k | €52k | ▼ 13.2% |
| Amounts payable within one year42/48 | €23k | €35k | €32k | €12k | €24k | ▲ 104% |
| Financial debts43 | - | - | €190 | €96 | - | - |
| Credit institutions430/8 | - | - | €190 | €96 | - | - |
| Trade debts44 | €18k | €30k | €18k | €7k | €8k | ▲ 20.9% |
| Suppliers440/4 | - | €30k | €18k | €7k | €8k | ▲ 20.9% |
| Taxes, remuneration and social security45 | - | €4k | €14k | €5k | €4k | ▼ 6.7% |
| Taxes450/3 | - | €1k | €1k | €2k | €460 | ▼ 78.9% |
| Remuneration and social security454/9 | - | €3k | €13k | €2k | €4k | ▲ 56.5% |
| Other amounts payable47/48 | - | €532 | - | - | €11k | - |
| Accrued charges and deferred income492/3 | - | €2k | €2k | €2k | €2k | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-46 | €-3k | €6k | €24k | €-13k | ▼ 154% |
| + Depreciation and write-downs630 | €935 | €935 | €73 | €600 | - | - |
| Operating cash flow (approximation) | €888 | €-2k | €6k | €25k | €-13k | ▼ 153% |
| Investment in fixed assets (approximation) | - | €0 | €297 | €-3k | €0 | ▲ 100% |
| Change in cash | - | €3k | €-7k | €-5k | €-4k | ▲ 16.3% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2019net €24k ▲283%
Operating result €24k, net result €24k, both a record.
22-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 53 days late
2023
31-12
Financial
Back to profitnet €6k
Net result €6k after 3 loss-making years.
11-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 100 days late
2022
26-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
15-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
30-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
31-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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
10 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, Elsene · 1 establishment unit since 2010
Ground area
223 m²
Building footprint
124 m²
Volume, LiDAR
1,486 m³
Parcel 21445C0250/00Y002, Brussels · tallest building 17.2 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Bread & Tea
since 20102.187.503.715
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21445C0250/00Y002 | Brussels | 223 m² | 1 · 124 m² | 17.2 m · 5 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteElsene2.187.503.715
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 4,225 companies in sector 10712 we hold annual accounts for 1,872. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-04-2010
Fiscal year end31-12
Activities, NACEBEL 2025
10712Artisanal bread and fresh pastry making
56112Limited-service restaurants, excluding mobile food services
Scores and ratios are computed by Checked and are not a credit decision.