CAKE and BREAD
ActiveThe file of CAKE and BREAD contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 2.3% (moderate). The 2024 annual accounts show equity of €26k and a net result of €2k. Its solvency ranks better than 66% of 26043 sector peers (fiscal year 2024).
Checked score
Score 2024
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▼-23
Solvency76▼-10
Growth52
Track record79
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity short (current ratio 0.78 against 1.17 in 2023; short-term debt: 48.5% and cash: 20.2% of total assets), and 48.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 2024Solvency, return and age of the figures
Solvency
51.5%
Return on assets
4.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-09-2025, 45 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
45 d late
2023
310 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€26k▲ 8.6%
2023 · €24k
2023: €24k
2023 → 2024
Total assets
€50k▲ 29.1%
2023 · €39k
2023: €39k
2023 → 2024
Net result
€2k▼ 76.9%
2023 · €9k
2023: €9k
2023 → 2024
Working capital
€-5k
2023 · €3k
2023: €3k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€24k-€26k▲ 8.6%
Operating result€11k-€3k▼ 72.3%
Net result€9k-€2k▼ 76.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 72% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €50k
Fixed assets
€31k▲ 47.0%
Current assets
€19k▲ 7.5%
Equity and liabilities €50k
Equity
€26k▲ 8.6%
Debt
€24k▲ 61.4%
The debt ratio rises from 38.8% to 48.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€8k▼
2023 · €19k
Cash flow
€7k▼
2023 · €17k
Solvency
51.5%▼
2023 · 61.2%
Current ratio
0.78▼
2023 · 1.17
Quick ratio
0.60▼
2023 · 1.16
Debt / equity
0.94▲
2023 · 0.63
ROE
7.9%▼
2023 · 37.1%
ROA
4.1%▼
2023 · 22.7%
Interest coverage
30.86▼
2023 · 82.68
Debt
€24k▲
2023 · €15k
Debt ≤ 1 year
€24k▲
2023 · €15k
Income taxes
€840▼
2023 · €2k
Staff costs
€62k▼
2023 · €65k
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€39k€50k▲
Fixed assets21/28€21k€31k▲
Tangible fixed assets22/27€21k€31k▲
Land and buildings22-€5k
Plant, machinery and equipment23€10k€13k▲
Furniture and vehicles24€702€4k▲
Leasing and similar rights25€10k-
Other tangible fixed assets26-€9k
Current assets29/58€18k€19k▲
Stocks and contracts in progress3€193€4k▲
Stocks30/36€193€4k▲
Amounts receivable within one year40/41€17k€5k▼
Trade receivables40-€0
Other amounts receivable41€17k€5k▼
Cash at bank and in hand54/58€53€10k▲
Equity and liabilities
Total equity and liabilities10/49€39k€50k▲
Equity10/15€24k€26k▲
Contributions10/11€15k€15k=
Profit (loss) carried forward14€9k€11k▲
Amounts payable17/49€15k€24k▲
Amounts payable within one year42/48€15k€24k▲
Trade debts44€9k€11k▲
Suppliers440/4€9k€11k▲
Taxes, remuneration and social security45€6k€13k▲
Taxes450/3€4k€11k▲
Remuneration and social security454/9€2k€2k▲
Income statement
Code20232024
Remuneration, social security and pensions62€65k€62k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€5k▼
Other operating charges640/8€1k€3k▲
Gross operating margin9900€86k€73k▼
Operating profit (loss)9901€11k€3k▼
Financial charges65/66B€235€273▲
Recurring financial charges65€235€273▲
Profit (loss) for the period before taxes9903€11k€3k▼
Income taxes67/77€2k€840▼
Profit (loss) for the period9904€9k€2k▼
Profit (loss) for the period to be appropriated9905€9k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€11k▲
Profit (loss) brought forward from the previous period14P-€9k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-10
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · CAKE AND BREAD BV HOOGSTRAAT 31, 2800 MECHELEN · event 06-10-2025
14-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 45 days late
12-09
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · CAKE AND BREAD BV HOOG- STRAAT 31, 2800 MECHELEN · event 08-09-2025
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 310 days late
SignalNBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Mechelen · 1 establishment unit since 2022
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.
Hoogstraat 312800 MechelenGround area
262 m²
Building footprint
246 m²
Volume, LiDAR
1,949 m³
Parcel 12025D0967/00E000, Flanders · tallest building 16.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CAKE and BREAD
since 20222.340.512.010
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12025D0967/00E000 | Flanders | 262 m² | 1 · 246 m² | 16.7 m · 1 fl. |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JEROEN PINOY CELLEBROEDERSSTRAAT 13,
2800 MECHELEN |
08-09-2025 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteMechelen2.340.512.010
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Of 2,407 companies in sector 47241 we hold annual accounts for 1,099. 876 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-11-2022
Fiscal year end31-12
Activities, NACEBEL
47241Retail sale of bread and pastry (bakery outlets)
10712Artisanal bread and fresh pastry making
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.