CHAUD DIFFUSION
ActiveSummary
CHAUD DIFFUSION has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.7m and a net result of €397,109. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 65% of 4,929 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Retail sale of bread and pastry (bakery outlets)
NACE 47241Limited-service restaurants, excluding mobile food services NACE 56112
3rd largest employer in Ans, Wholesale and retail trade sector42 sites
Size
€39.6mturnover 2025
- Staff
- 262.6 FTE
- Equity
- €7.7m
- Profit
- €397,109
Structure
- Parent
- HOLDING PCS · 100%
Auditor: REWISE ADAccounts 32 days early1 of 11 deeds read
Why 97raises riskSector: Retail trade (NACE 47)lowers riskLiquidity: current ratio 1.71, cash €3.3mFounded in 1993Equity €7.7m (50.6% of total assets)Show the evidence
Checked score
Score 2025
97
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 73% of its sector peers (NACE 47, large)
Financial strength · tick = 2024
Strong
Solvency
76+4
equity 50.6% of total assets
Liquidity
62+2
short-term debt 35.0% · cash 22.0%
Profitability
65-6
return on assets 2.6%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● unchanged vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026lowest value
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: 0.1%▲ +0.1 percentage points vs 07-2026
09-2026: 0.2%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.1%▼ -0.1 percentage points vs 09-2026
Credit of up to €700,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.71, compared with 1.5 in 2024, above the usual 1.5; short-term debt: 35% and cash: 22% of total assets), and 49.4% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, large): better than 83% on solvency, 93% on liquidity, 60% on profitability and 57% on growth.
The bankruptcy probability was computed on 14-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
lowers riskraises riskneutral
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 days early
2024
43 days early
2023
34 days early
2022
31 days early
2021
32 days early
2020
31 days early
2019
14 days 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 31 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
15-10-2026 today31-12-2026 year end31-07-2027 deadline
- Reappointment: REWISE AD (commissaire aux comptes)Gazette deed
- Annual accounts filedfinancial year 2025 · full…
- Weakest financial yearnet €397,109 ▼63%
Financials · financial year 2025, full format
In the rankings
#3 employer in Ans, Wholesale and retail trade sector#4 company by equity in Ans, Wholesale and retail trade sector#5 company by total assets in Ans, Wholesale and retail trade sector
Turnover
€39.6m▲ 3.2%
2024 · €38.3m
EBIT margin
2.4%▼ 2.1pp
2024 · 4.5%
Net result
€397,109▼ 63.0%
2024 · €1.1m
Working capital
€3.7m▲ 31.0%
2024 · €2.9m
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result has fallen two years in a row; 2025 is 45% below 2024 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€39.6m
2025
Operating result€1.0m
2025
Net result€0.4m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€15.1m
2025
Equity€7.7m
2025
Debt€7.5m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€3.7m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin2.4%
2025
Return on assets (ROA)2.6%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency50.6%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.71
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)262.6
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. 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 financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€11.3m-€11.6m▲ 2.4%€20.0m▲ 72.4%€28.0m▲ 39.7%€33.8m▲ 20.7%€37.2m▲ 10.2%€38.3m▲ 2.9%€39.6m▲ 3.2%
Operating result€1.1m-€1.0m▼ 9.1%€1.8m▲ 72.7%€1.5m▼ 12.1%€2.0m▲ 28.6%€2.2m▲ 12.2%€1.7m▼ 21.6%€1.0m▼ 45.4%
Net result€0.7m-€0.5m▼ 29.2%€1.4m▲ 172%€0.9m▼ 34.3%€1.2m▲ 33.0%€1.4m▲ 13.2%€1.1m▼ 21.2%€0.4mabove the sector's middle half▼ 63.0%
EBIT margin9.8%-8.7%▼ 1.1pp8.7%=5.5%▼ 3.2pp5.9%▲ 0.4pp6.0%▲ 0.1pp4.5%▼ 1.4pp2.4%▼ 2.1pp
Equity€2.5m-€2.7m▲ 8.4%€3.6m▲ 32.7%€4.5m▲ 25.3%€5.7m▲ 26.9%€6.7m▲ 17.8%€7.3m▲ 8.6%€7.7mabove the sector's middle half▲ 5.5%
Total assets€6.1m-€6.9m▲ 13.4%€12.2m▲ 75.6%€13.8m▲ 13.1%€14.7m▲ 6.4%€15.6m▲ 6.3%€15.4m▼ 0.8%€15.1mabove the sector's middle half▼ 2.0%
Debt€3.6m-€4.2m▲ 16.9%€8.6m▲ 103%€9.3m▲ 8.0%€9.0m▼ 3.5%€8.9m▼ 1.1%€8.2m▼ 7.9%€7.5m▼ 8.7%
Working capital€1.7m-€1.8m▲ 8.8%€0.3m▼ 86.3%€0.9m▲ 248%€1.7m▲ 94.7%€2.6m▲ 53.7%€2.9m▲ 8.8%€3.7mabove the sector's middle half▲ 31.0%
Solvency40.6%-38.8%▼ 1.8pp29.3%▼ 9.5pp32.5%▲ 3.2pp38.8%▲ 6.3pp43.0%▲ 4.2pp47.1%▲ 4.1pp50.6%within the sector's middle half▲ 3.6pp
Current ratio1.67-1.59▼ 0.071.05▼ 0.541.17▲ 0.111.31▲ 0.141.42▲ 0.111.50▲ 0.081.71within the sector's middle half▲ 0.21
Return on assets (ROA)11.7%-7.3%▼ 4.4pp11.3%▲ 4.0pp6.6%▼ 4.7pp8.2%▲ 1.6pp8.8%▲ 0.5pp7.0%▼ 1.8pp2.6%within the sector's middle half▼ 4.3pp
Staff (FTE)97.6-99▲ 1.4%236.3▲ 139%229.6▼ 2.8%264.7▲ 15.3%270.2▲ 2.1%252.7▼ 6.5%262.6above the sector's middle half▲ 3.9%
above
within
below
the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15.1m
Fixed assets
€6.1m ▼ 10.8%
Current assets
€9.0m ▲ 5.1%
Equity and liabilities €15.1m
Equity
€7.7m ▲ 5.5%
Debt
€7.5m ▼ 8.7%
Debt's share of the balance-sheet total falls from 52.9% to 49.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€3.0m▼
2024 · €3.6m
Cash flow
€2.4m▼
2024 · €2.9m
Quick ratio
1.57▲
2024 · 1.38
Debt to equity
0.97▼
2024 · 1.13
ROE
5.2%▼
2024 · 14.8%
Interest coverage
28.00▼
2024 · 38.86
Debt ≤ 1 year
€5.3m▼
2024 · €5.7m
Debt > 1 year
€2.0m▼
2024 · €2.3m
Income taxes
€206,090▼
2024 · €331,614
Staff costs
€10.8m▲
2024 · €10.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 513 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 96.1% are still going.
- Large
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.8%
went bankrupt
3.1%
stopped otherwise
96.1%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 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 74.5% 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 513 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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | €22.6m | €28.7m | €34.5m | €38.0m | €39.0m | €40.6m | ▲ 4.0% |
| Turnover70 | €11.3m | €11.6m | €20.0m | €28.0m | €33.8m | €37.2m | €38.3m | €39.6m | ▲ 3.2% |
| Other operating income74 | - | - | €1.5m | €0.7m | €0.6m | €0.8m | €0.7m | €1.0m | ▲ 49.2% |
| Non-recurring operating income76A | - | - | €1.0m | €0.005m | €0.08m | €0.008m | - | €0 | - |
| Operating charges60/66A | - | - | €20.8m | €27.2m | €32.5m | €35.8m | €37.3m | €39.6m | ▲ 6.3% |
| Goods for resale, raw materials and consumables60 | - | - | €7.9m | €11.1m | €13.7m | €15.3m | €15.8m | €16.2m | ▲ 2.8% |
| Purchases600/8 | - | - | - | €11.1m | €13.8m | €15.4m | €15.8m | €16.3m | ▲ 3.0% |
| Change in stocks: decrease (increase)609 | - | - | €0.01m | -€0.06m | -€0.05m | -€0.03m | -€0.02m | -€0.04m | ▼ 116% |
| Services and other goods61 | - | - | €5.4m | €6.6m | €7.6m | €8.2m | €9.1m | €9.9m | ▲ 9.0% |
| Remuneration, social security and pensions62 | - | - | €5.6m | €7.4m | €9.0m | €10.1m | €10.2m | €10.8m | ▲ 5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.6m | €0.5m | €1.3m | €1.6m | €1.8m | €1.8m | €1.9m | €2.0m | ▲ 9.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €0.04m | - | €0.005m | - | - |
| Other operating charges640/8 | - | - | €0.5m | €0.2m | €0.3m | €0.3m | €0.3m | €0.4m | ▲ 10.9% |
| Non-recurring operating charges66A | - | - | €0.2m | €0.2m | €0.06m | €0.07m | €0.03m | €0.3m | ▲ 1,201% |
| Operating profit (loss)9901 | €1.1m | €1.0m | €1.8m | €1.5m | €2.0m | €2.2m | €1.7m | €1.0m | ▼ 45.4% |
| Financial income75/76B | - | - | - | €0.03m | €0.008m | €0.05m | €0.09m | €0.09m | ▼ 2.8% |
| Recurring financial income75 | €0.03m | €0.03m | €0.03m | €0.03m | €0.008m | €0.05m | €0.09m | €0.09m | ▼ 2.8% |
| Income from current assets751 | - | - | €0.02m | €0.03m | €0.006m | €0.04m | €0.08m | €0.08m | ▼ 7.6% |
| Other financial income752/9 | - | - | €0.01m | €311 | €0.001m | €0.006m | €0.009m | €0.01m | ▲ 42.9% |
| Financial charges65/66B | - | - | €0.2m | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | ▲ 2.1% |
| Recurring financial charges65 | €0.09m | €0.1m | €0.2m | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | ▲ 2.1% |
| Debt charges650 | €0.02m | €0.02m | €0.05m | €0.07m | €0.07m | €0.09m | €0.09m | €0.1m | ▲ 14.9% |
| Other financial charges652/9 | - | - | €0.2m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 1.5% |
| Non-recurring financial charges66B | - | - | - | - | - | €0 | - | - | - |
| Profit (loss) for the period before taxes9903 | €1.1m | €0.9m | €1.5m | €1.3m | €1.6m | €1.8m | €1.4m | €0.6m | ▼ 57.1% |
| Income taxes67/77 | €0.3m | €0.4m | €0.2m | €0.3m | €0.4m | €0.5m | €0.3m | €0.2m | ▼ 37.9% |
| Taxes670/3 | - | - | €0.2m | €0.3m | €0.4m | €0.5m | €0.3m | €0.2m | ▼ 37.9% |
| Tax adjustments and reversals of tax provisions77 | - | - | - | - | €0.009m | €0.005m | €42 | - | - |
| Profit (loss) for the period9904 | €0.7m | €0.5m | €1.4m | €0.9m | €1.2m | €1.4m | €1.1m | €0.4m | ▼ 63.0% |
| Transfer from tax-exempt reserves789 | - | - | €0.2m | - | €0.1m | - | €0.5m | €0.2m | ▼ 64.0% |
| Transfer to tax-exempt reserves689 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | - | - |
| Profit (loss) for the period to be appropriated9905 | €0.6m | €0.5m | €1.5m | €0.5m | €0.9m | €0.9m | €1.2m | €0.6m | ▼ 50.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €6.1m | €6.9m | €12.2m | €13.8m | €14.7m | €15.6m | €15.4m | €15.1m | ▼ 2.0% |
| Formation expenses20 | €0.003m | €331 | €0.05m | €0.06m | €0.05m | €0.03m | €0.05m | €0.03m | ▼ 32.9% |
| Fixed assets21/28 | €1.9m | €2.0m | €7.3m | €7.6m | €7.4m | €6.6m | €6.8m | €6.1m | ▼ 10.8% |
| Intangible fixed assets21 | €0.3m | €0.4m | €1.5m | €2.2m | €2.3m | €2.0m | €1.9m | €2.1m | ▲ 10.8% |
| Tangible fixed assets22/27 | €1.3m | €1.3m | €5.8m | €5.4m | €5.1m | €4.7m | €4.9m | €3.9m | ▼ 19.3% |
| Land and buildings22 | - | - | €0.08m | €0.07m | €0.06m | €0.05m | €0.04m | €0.05m | ▲ 25.3% |
| Plant, machinery and equipment23 | - | - | €4.7m | €4.5m | €4.2m | €3.7m | €3.8m | €3.1m | ▼ 18.8% |
| Furniture and vehicles24 | - | - | €0.9m | €0.8m | €0.8m | €0.9m | €1.0m | €0.8m | ▼ 22.9% |
| Other tangible fixed assets26 | - | - | €0.09m | €0.08m | €0.07m | €0.06m | €0.05m | €0.04m | ▼ 21.8% |
| Financial fixed assets28 | €0.3m | €0.3m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | ▼ 4.8% |
| Affiliated companies280/1 | - | - | - | - | - | - | - | €0 | - |
| Amounts receivable281 | - | - | - | - | - | - | - | €0 | - |
| Companies linked by participating interests282/3 | - | - | - | €100 | €100 | €100 | €100 | €0 | ▼ 100% |
| Participating interests282 | - | - | - | €100 | €100 | €100 | €100 | €0 | ▼ 100% |
| Other financial fixed assets284/8 | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Shares284 | - | - | €372 | - | - | - | - | - | - |
| Amounts receivable and cash guarantees285/8 | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Current assets29/58 | €4.3m | €5.0m | €4.9m | €6.1m | €7.2m | €8.9m | €8.6m | €9.0m | ▲ 5.1% |
| Amounts receivable after more than one year29 | - | - | €0.2m | €0.4m | €0.4m | €0.3m | €0.3m | €0.08m | ▼ 70.9% |
| Trade receivables290 | - | - | €0.2m | €0.4m | €0.4m | €0.3m | €0.3m | €0.08m | ▼ 70.9% |
| Other amounts receivable291 | - | - | €0.004m | €0.001m | - | €0 | €0 | - | - |
| Stocks and contracts in progress3 | €0.2m | €0.2m | €0.4m | €0.4m | €0.7m | €0.7m | €0.7m | €0.7m | ▲ 10.9% |
| Stocks30/36 | - | - | €0.4m | €0.4m | €0.7m | €0.7m | €0.7m | €0.7m | ▲ 10.9% |
| Raw materials and consumables30/31 | - | - | €0.06m | €0.06m | €0.3m | €0.3m | €0.2m | €0.2m | ▲ 20.8% |
| Goods purchased for resale34 | - | - | €0.3m | €0.4m | €0.4m | €0.4m | €0.5m | €0.5m | ▲ 6.8% |
| Amounts receivable within one year40/41 | €3.5m | €4.3m | €2.9m | €3.8m | €4.0m | €4.9m | €4.2m | €4.7m | ▲ 11.0% |
| Trade receivables40 | - | - | €0.3m | €0.2m | €0.2m | €0.2m | €0.3m | €0.1m | ▼ 43.4% |
| Other amounts receivable41 | - | - | €2.6m | €3.7m | €3.8m | €4.7m | €4.0m | €4.6m | ▲ 14.5% |
| Cash at bank and in hand54/58 | €0.6m | €0.5m | €1.4m | €1.4m | €2.1m | €2.8m | €3.3m | €3.3m | ▲ 0.4% |
| Deferred charges and accrued income490/1 | - | - | €0.01m | €0.02m | €0.06m | €0.2m | €0.1m | €0.2m | ▲ 51.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €6.1m | €6.9m | €12.2m | €13.8m | €14.7m | €15.6m | €15.4m | €15.1m | ▼ 2.0% |
| Equity10/15 | €2.5m | €2.7m | €3.6m | €4.5m | €5.7m | €6.7m | €7.3m | €7.7m | ▲ 5.5% |
| Contributions10/11 | €0.4m | €0.4m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Revaluation surpluses12 | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Reserves13 | €2.1m | €2.3m | €2.8m | €3.8m | €5.0m | €6.0m | €6.5m | €6.9m | ▲ 6.1% |
| Tax-exempt reserves132 | - | - | €0.2m | €0.6m | €0.9m | €1.3m | €1.2m | €1.0m | ▼ 15.9% |
| Distributable reserves133 | - | - | €2.7m | €3.2m | €4.1m | €4.7m | €5.3m | €5.9m | ▲ 11.0% |
| Profit (loss) carried forward14 | €471 | €367 | €0.001m | €0.001m | €328 | €411 | €0.001m | €0.001m | ▲ 18.7% |
| Amounts payable17/49 | €3.6m | €4.2m | €8.6m | €9.3m | €9.0m | €8.9m | €8.2m | €7.5m | ▼ 8.7% |
| Amounts payable after more than one year17 | €1.0m | €1.1m | €3.9m | €3.9m | €3.4m | €2.5m | €2.3m | €2.0m | ▼ 12.9% |
| Financial debts170/4 | - | - | €3.9m | €3.9m | €3.4m | €2.5m | €2.3m | €2.0m | ▼ 12.9% |
| Credit institutions173 | - | - | €3.9m | €3.9m | €3.4m | €2.5m | €2.3m | €2.0m | ▼ 12.9% |
| Amounts payable within one year42/48 | €2.6m | €3.1m | €4.6m | €5.2m | €5.5m | €6.3m | €5.7m | €5.3m | ▼ 7.8% |
| Current portion of amounts payable after more than one year42 | - | - | €1.6m | €1.6m | €1.5m | €1.3m | €1.1m | €1.1m | ▼ 4.7% |
| Financial debts43 | - | - | €0.8m | €0.7m | €0.8m | €0.8m | €0.8m | €0.7m | ▼ 2.4% |
| Credit institutions430/8 | - | - | €0.8m | €0.7m | €0.8m | €0.8m | €0.8m | €0.7m | ▼ 2.4% |
| Trade debts44 | €0.9m | €1.1m | €1.4m | €1.5m | €1.7m | €2.1m | €1.7m | €1.8m | ▲ 8.0% |
| Suppliers440/4 | - | - | €1.4m | €1.5m | €1.7m | €2.1m | €1.7m | €1.8m | ▲ 8.0% |
| Taxes, remuneration and social security45 | - | - | €0.8m | €1.4m | €1.6m | €1.8m | €1.7m | €1.7m | ▼ 0.8% |
| Taxes450/3 | - | - | €0.3m | €0.3m | €0.3m | €0.4m | €0.4m | €0.3m | ▼ 23.2% |
| Remuneration and social security454/9 | - | - | €0.5m | €1.1m | €1.3m | €1.4m | €1.3m | €1.4m | ▲ 5.6% |
| Other amounts payable47/48 | - | - | - | - | - | €0.4m | €0.5m | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | €0.1m | €0.2m | €0.1m | €0.1m | €0.2m | €0.2m | ▲ 19.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.7m | €0.5m | €1.4m | €0.9m | €1.2m | €1.4m | €1.1m | €0.4m | ▼ 63.0% |
| + Depreciation and write-downs630 | €0.6m | €0.5m | €1.3m | €1.6m | €1.8m | €1.8m | €1.9m | €2.0m | ▲ 9.3% |
| Operating cash flow (approximation) | €1.4m | €1.0m | €2.6m | €2.5m | €3.0m | €3.1m | €2.9m | €2.4m | ▼ 17.2% |
| Investment in fixed assets (approximation) | - | -€0.6m | -€6.6m | -€1.9m | -€1.6m | -€1.0m | -€2.0m | -€1.3m | ▲ 35.7% |
| Change in cash | - | -€0.06m | €0.9m | -€0.01m | €0.7m | €0.7m | €0.5m | €0.01m | ▼ 97.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 29-06-2026 | 2026-00212098 |
| 31-12-2024 | unclassified schema | 18-06-2025 | 2025-00153196 |
| 31-12-2023 | unclassified schema | 27-06-2024 | 2024-00177377 |
| 31-12-2022 | unclassified schema | 30-06-2023 | 2023-00179205 |
| 31-12-2021 | unclassified schema | 29-06-2022 | 2022-20105075 |
| 31-12-2020 | unclassified schema | 30-06-2021 | 2021-27800599 |
| 31-12-2019 | full format | 17-07-2020 | 2020-31700254 |
| 31-12-2018 | full format | 28-06-2019 | 2019-24700590 |
| 31-12-2017 | full format | 27-06-2018 | 2018-23600253 |
| 31-12-2016 | full format | 29-06-2017 | 2017-25500177 |
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Of the 2,356 active companies whose main activity is retail sale of bread and pastry (bakery outlets) (NACE 47241), figures are known for 1,104. 45 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
Statutory auditor 1
REWISE AD
CurrentCommissaire aux comptes · since 05-10-2026 · permanent representative: Axel DUMONT
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Mandate history
1 person since 2026, 1 in office
- Statutory auditor
| Name | Functions and periods |
|---|---|
| REWISE AD |
|
Owners and capital
Owners
2 ownersChain of control
- 2D CONSEIL
- PCSI
- HOLDING PCS
- CHAUD DIFFUSION
Highest known parent: 2D CONSEIL. The sources do not say who stands above it.
Owners 2
- HOLDING PCSparent100%
- Sourceaccounts PCSI 2025100%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Group and network
Part of the group
2D CONSEIL
8 companies
Group, risk and exposure
Connections & network
The network starts from this company’s shareholders. What else they own or run appears here as nodes.
This company
Company
Director
Shareholding
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History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
05-10
Gazette deed
Reappointment: REWISE AD (commissaire aux comptes)2 facts ▸
Gazette deed
Reappointment: REWISE AD (commissaire aux comptes)
2 facts ▸
- General meeting, 02-06-2026
- Auditor reappointment, REWISE AD (commissaire aux comptes)
29-06
NBB filing
Annual accounts filed
financial year 2025 · full format
2025
31-12
Financial
Weakest financial yearnet €397,109 ▼63%
Net result drops to €397,109, the lowest in the series.
18-06
NBB filing
Annual accounts filed
financial year 2024 · unclassified schema
2024
27-06
NBB filing
Annual accounts filed
financial year 2023 · unclassified schema
2023
30-06
NBB filing
Annual accounts filed
financial year 2022 · unclassified schema
2022
31-12
Financial
Equity above €5mequity €5.7m ▲26.9%
A profit in every financial year since 2018 builds equity to €5.7m.
29-06
NBB filing
Annual accounts filed
financial year 2021 · unclassified schema
2021
30-06
NBB filing
Annual accounts filed
financial year 2020 · unclassified schema
2020
31-12
Financial
Highest result from 2018 to 2025net €1.4m ▲172%
Net result €1.4m, the highest in the series.
17-07
NBB filing
Annual accounts filed
financial year 2019 · full format
2019
28-06
NBB filing
Annual accounts filed
financial year 2018 · full format
2018
27-06
NBB filing
Annual accounts filed
financial year 2017 · full format
2017
29-06
NBB filing
Annual accounts filed
financial year 2016 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 33 annual accounts filed, the latest 10 are here; all 33 are under Financials.
1 of 11 deeds read
About the unread acts
Of the 11 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPrivate limited company
Founded11-03-1993
Financial year end31-12
Activities, NACEBEL 2025
47241Retail sale of bread and pastry (bakery outlets)
56112Limited-service restaurants, excluding mobile food services
Contact
E-mail
sbououd@pointchaud.beChaudfontaine
Phone
04/361 68 20Chaudfontaine
Fax
04/361 68 38Chaudfontaine
E-mail
ddepreay@pointchaud.beLiège
Fax
043616839Liège
E-mail
acoets@pointchaud.beLiège
Phone
043616833Aywaille
E-invoicing
Reachable via Peppol
Peppol ID
0208:0449629444
Also
9925:BE0449629444
Registered
18-01-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 14 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
42 sites · 25 with a smileyAnsunit no. 2.063.051.428
Awansunit no. 2.098.483.944
Aywailleunit no. 2.162.721.007
Aywailleunit no. 2.329.135.789
Show 21 more sites
Charleroiunit no. 2.227.330.331
Charleroiunit no. 2.323.583.926
Chaudfontaineunit no. 2.185.979.231
Eupenunit no. 2.265.796.868
Flémalleunit no. 2.269.402.102
Fléronunit no. 2.063.051.131
Grâce-Hollogneunit no. 2.222.670.668
Herstalunit no. 2.063.051.230
Herstalunit no. 2.155.561.318
Herstalunit no. 2.189.459.353
Herveunit no. 2.063.051.824
Liègeunit no. 2.063.051.527
Liègeunit no. 2.179.980.077
Liègeunit no. 2.203.184.655
Liègeunit no. 2.205.532.946
Liègeunit no. 2.220.117.984
Liègeunit no. 2.238.968.846
Liègeunit no. 2.303.834.231
Liègeunit no. 2.315.105.235
Namurunit no. 2.266.667.195
Oupeyeunit no. 2.197.338.129
This list shows 25 of 42 sites holding a FASFC permission.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Ans · 42 establishment units since 1993
Ground area
14.3 ha
Building footprint
1.7 ha
Building volume
87,480 m³
39 parcels, Brussels, Wallonia · tallest building 37.3 m. Linked by address, not a title deed.
8
companies at this address
See who is registered here
42 establishment units
Avenue des Martyrs 313, 4620 Fléron
since 1993unit no. 2.063.051.131
POINT CHAUD
since 1993unit no. 2.063.051.230
POINT CHAUD
since 1993unit no. 2.063.051.428
Avenue de la Closeraie 1, 4000 Liège
since 1998unit no. 2.063.051.527
POINT CHAUD
since 2001unit no. 2.098.483.944
POINT CHAUD
since 2001unit no. 2.063.051.824
Show 36 more locations
POINT CHAUD
since 2006unit no. 2.162.719.918
POINT CHAUD
since 2006unit no. 2.155.561.318
POINT CHAUD
since 2007unit no. 2.162.721.007
POINT CHAUD
since 2007unit no. 2.162.720.809
POINT CHAUD
since 2007unit no. 2.189.459.353
POINT CHAUD
since 2009unit no. 2.179.980.077
Point Chaud
since 2010unit no. 2.185.979.231
POINT CHAUD
since 2010unit no. 2.188.381.069
POINT CHAUD
since 2011unit no. 2.197.338.129
Chaussée Verte 101, 4470 Saint-Georges-sur-Meuse
since 2011unit no. 2.200.196.362
Avenue de Jupille 16, 4020 Liège
since 2011unit no. 2.203.184.655
Point Chaud
since 2012unit no. 2.205.532.946
POINT CHAUD OUTREMEUSE
since 2013unit no. 2.220.117.984
Point chaud
since 2013unit no. 2.222.670.668
POINT CHAUD
since 2014unit no. 2.227.330.331
Point Chaud
since 2015unit no. 2.238.826.712
POINT CHAUD GERARDRIE
since 2015unit no. 2.238.968.648
POINT CHAUD
since 2015unit no. 2.238.968.846
POINT CHAUD SPRIMONT
since 2015unit no. 2.242.404.428
Point Chaud
since 2016unit no. 2.250.072.574
POINT CHAAUD
since 2017unit no. 2.263.918.434
POINT CHAUD
since 2017unit no. 2.265.796.868
POINT CHAUD
since 2017unit no. 2.266.667.195
POINT CHAUD
since 2017unit no. 2.268.304.715
POINT CHAUD
since 2018unit no. 2.269.402.102
POINT CHAUD GARE BRUXELLES MIDI
since 2018unit no. 2.274.999.594
POINT CHAUD WAREMME FOND D'OR
since 2019unit no. 2.287.132.811
Point Chaud Place des Guillemins
since 2020unit no. 2.303.834.231
Point Chaud Vennes
since 2021unit no. 2.315.105.235
point chaud Gilly
since 2021unit no. 2.323.583.926
Point Chaud Waremme Centre
since 2022unit no. 2.325.209.269
Point chaud Aywaille Dieupart
since 2022unit no. 2.329.135.789
point chaud Welkenraedt
since 2024unit no. 2.365.430.023
Point Chaud Jemeppe
since 2025unit no. 2.367.309.744
Matin Liegeois
since 2025unit no. 2.372.466.481
point chaud Aubel
since 2026unit no. 2.390.067.726
39 parcels
Wallonia
38
(97.4%)
Brussels
1
(2.6%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21562A0435/02L002 | Brussels | 3.6 ha | 1 · 972 m² | 20.6 m · 3 |
| 62814C0364/00T000 | Wallonia | 3.4 ha | 1 · 2,063 m² | 13.5 m |
| 62817B0482/00H004indicative | Wallonia | 1.2 ha | - | - |
| 62063A0131/00N000 ProtectedMonumentGrand Magasin "le Grand Bazar" (façade avant), place Saint-Lambert, n°s 23-25Source ↗ |
Wallonia | 1.1 ha | 1 · 76 m² | - |
| 62053A0195/02A000 | Wallonia | 9,846 m² | 1 · 689 m² | 9.8 m · 3 |
| 62001B0377/00T002 | Wallonia | 7,536 m² | 1 · 3,096 m² | 11.3 m · 2 |
| 62087B0234/00D005 | Wallonia | 4,496 m² | 1 · 738 m² | 18.9 m · 1 |
| 62809B0341/00Z015 | Wallonia | 3,346 m² | 1 · 997 m² | 7.4 m · 2 |
| 64040B0311/00D000 | Wallonia | 3,150 m² | 1 · 1,064 m² | - |
| 62009C0028/00K004 | Wallonia | 2,915 m² | 1 · 339 m² | 10.7 m · 3 |
| 62067F1212/00K000 | Wallonia | 2,889 m² | 1 · 988 m² | - |
| 62012B0180/00E005 | Wallonia | 2,567 m² | 1 · 191 m² | 9.6 m · 2 |
| 63084A0021/00K000 | Wallonia | 1,764 m² | 1 · 534 m² | 5.7 m · 1 |
| 63041A0230/00T000 | Wallonia | 1,485 m² | 1 · 219 m² | - |
| 62058A0383/00N002 | Wallonia | 1,351 m² | 1 · 989 m² | 4.7 m · 1 |
| 64065C0187/00P003 | Wallonia | 1,147 m² | 1 · 186 m² | 7.9 m · 3 |
| 62071A0403/00C002 | Wallonia | 747 m² | 1 · 236 m² | - |
| 62003A0019/00B002 | Wallonia | 680 m² | 1 · 475 m² | 8.0 m · 1 |
| 62037A0599/00A002 | Wallonia | 658 m² | 1 · 206 m² | 10.3 m · 3 |
| 62009B0030/00G000 | Wallonia | 576 m² | 1 · 95 m² | 11.2 m · 3 |
| 62051C0997/00T000 | Wallonia | 442 m² | 1 · 209 m² | 27.5 m · 8 |
| 63035A0005/00P004 | Wallonia | 434 m² | - | - |
| 62051C0626/00M000 | Wallonia | 255 m² | - | - |
| 64074C0453/00M000 | Wallonia | 247 m² | 1 · 62 m² | 12.1 m · 4 |
| 62814C0393/00N002 | Wallonia | 240 m² | 1 · 343 m² | - |
| 52011C0178/02C000 | Wallonia | 232 m² | 1 · 201 m² | 37.2 m · 8 |
| 63079A1416/00Y002 | Wallonia | 225 m² | 1 · 109 m² | 10.1 m · 3 |
| 62049B0731/00A002 | Wallonia | 195 m² | 1 · 75 m² | 9.2 m · 3 |
| 62354C0027/00X012 | Wallonia | 176 m² | 1 · 64 m² | 9.5 m · 3 |
| 62038A0404/00L002 | Wallonia | 157 m² | 1 · 56 m² | 10.2 m · 3 |
| 63072G0789/00E000indicative | Wallonia | 148 m² | 1 · 54 m² | - |
| 62054B0003/00H000 | Wallonia | 147 m² | 1 · 338 m² | 6.8 m · 1 |
| 63003B0911/00M002 | Wallonia | 147 m² | 1 · 63 m² | 9.7 m · 2 |
| 62048B0606/00G002 | Wallonia | 134 m² | 1 · 851 m² | 6.1 m · 2 |
| 52026D0482/00G002indicative | Wallonia | 124 m² | 1 · 94 m² | 12.6 m · 4 |
| 63079A0648/00F000 | Wallonia | 109 m² | 1 · 51 m² | 18.4 m · 4 |
| 92094C0111/00T016 | Wallonia | 73 m² | 1 · 82 m² | 25.3 m · 8 |
| 62063B0624/00Y000indicative | Wallonia | 51 m² | 1 · 44 m² | 1.1 m |
| 62063C1209/00C000 | Wallonia | 48 m² | 1 · 43 m² | 12.1 m · 2 |
How the parcels are linked
Good to know
35 of 39 parcels with an exact address match; the rest are indicative.
3 of these parcels carry protected heritage: expect extra rules on renovation or sale.