De Bast
ActiveDe Bast has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €100k and a net result of €24k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 63% of 1522 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
61
/ 100
Healthy▼ -20 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+71
Solvency58▼-25
Growth58▼-20
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.54 against 1.24 in 2024), and 54.2% 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.
−lowers risk+raises risk○neutral
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 · 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
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
45.8%
Return on assets
10.9%
Age of the figures
8 mo
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 12-03-2026, 141 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
141 d early
2024
61 d late
2023
61 d late
2022
31 d late
2021
68 d late
2020
60 d late
2019
63 d late
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€100k▼ 42.1%
2024 · €172k
2018: €160k
2019: €164k
2020: €188k
2021: €193k
2022: €170k
2023: €172k
2024: €172k
2018 → 2025
Total assets
€218k▼ 5.4%
2024 · €230k
2018: €218k
2019: €208k
2020: €314k
2021: €308k
2022: €281k
2023: €264k
2024: €230k
2018 → 2025
Net result
€24k▲ 140%
2024 · €10k
2018: €9k
2019: €4k
2020: €24k
2021: €5k
2022: €-23k
2023: €2k
2024: €10k
2018 → 2025
Working capital
€-54k
2024 · €10k
2018: €21k
2019: €35k
2020: €22k
2021: €50k
2022: €5k
2023: €-4k
2024: €10k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€193k-€170k▼ 11.7%€172k▲ 1.2%€172k▼ 0.1%€100k▼ 42.1%
Operating result€11k-€-20k€3k€12k▲ 267%€37k▲ 208%
Net result€5k-€-23k€2k€10k▲ 378%€24k▲ 140%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 208% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €218k
Fixed assets
€155k▼ 13.2%
Current assets
€63k▲ 21.8%
Equity and liabilities €218k
Equity
€100k▼ 42.1%
Debt
€118k▲ 104%
The debt ratio rises from 25.2% to 54.2%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€64k▲
2024 · €55k
Cash flow
€50k▼
2024 · €53k
Solvency
45.8%▼
2024 · 74.8%
Current ratio
0.54▼
2024 · 1.24
Quick ratio
0.41▼
2024 · 0.88
Debt / equity
1.18▲
2024 · 0.34
ROE
23.8%▲
2024 · 5.7%
ROA
10.9%▲
2024 · 4.3%
Interest coverage
34.89▼
2024 · 55.40
Debt
€118k▲
2024 · €58k
Debt ≤ 1 year
€117k▲
2024 · €42k
Debt > 1 year
€998▼
2024 · €16k
Income taxes
€12k▲
2024 · €1k
Staff costs
€44k▼
2024 · €56k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€230k€218k▼
Fixed assets21/28€179k€155k▼
Tangible fixed assets22/27€170k€147k▼
Land and buildings22€135k€130k▼
Plant, machinery and equipment23€16k€8k▼
Furniture and vehicles24€19k€9k▼
Financial fixed assets28€8k€8k=
Current assets29/58€52k€63k▲
Stocks and contracts in progress3€15k€15k▲
Stocks30/36€15k€15k▲
Amounts receivable within one year40/41€534€3k▲
Trade receivables40€534€3k▲
Other amounts receivable41-€41
Cash at bank and in hand54/58€32k€41k▲
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€230k€218k▼
Equity10/15€172k€100k▼
Contributions10/11€19k€19k=
Reserves13€154k€81k▼
Distributable reserves133€154k€81k▼
Amounts payable17/49€58k€118k▲
Amounts payable after more than one year17€16k€998▼
Financial debts170/4€16k€998▼
Amounts payable within one year42/48€42k€117k▲
Current portion of amounts payable after more than one year42€18k€15k▼
Trade debts44€6k€4k▼
Suppliers440/4€6k€4k▼
Taxes, remuneration and social security45€17k€27k▲
Taxes450/3€4k€19k▲
Remuneration and social security454/9€13k€8k▼
Other amounts payable47/48€104€70k▲
Income statement
Code20242025
Remuneration, social security and pensions62€56k€44k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€27k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€114k€111k▼
Operating profit (loss)9901€12k€37k▲
Financial income75/76B€4€1▼
Recurring financial income75€4€1▼
Financial charges65/66B€996€2k▲
Recurring financial charges65€996€2k▲
Profit (loss) for the period before taxes9903€11k€36k▲
Income taxes67/77€1k€12k▲
Profit (loss) for the period9904€10k€24k▲
Profit (loss) for the period to be appropriated9905€10k€24k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€24k▲
Transfer from equity791/2€10k€96k▲
Transfer to equity691/2€10k€24k▲
To other reserves6921€10k€24k▲
Profit to be distributed694/7€10k€96k▲
Return on contributions (dividend)694€10k€96k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-23k ▼537%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
07-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 68 days late
2021
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
31-12
Financial
Highest result since 2018net €24k ▲527%
Net result €24k, the highest in the series.
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 63 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
16-01-2023
Resigned as Director
Location & real-estate footprint
Registered office, Ternat · 1 establishment unit since 1990
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.
Stenebrugstraat 211741 TernatGround area
802 m²
Building footprint
320 m²
Volume, LiDAR
1,732 m³
Parcel 23091B0403/00Z000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DE BAST BVBA
since 19902.048.101.352
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23091B0403/00Z000 | Flanders | 802 m² | 1 · 320 m² | 9.6 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 11,921 EUR awarded · 11,921 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 800 EUR | 800 EUR |
| 2024 | 1 | 1,457 EUR | 1,457 EUR |
| 2023 | 1 | 4,666 EUR | 4,666 EUR |
| 2022 | 1 | 4,998 EUR | 4,998 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Recognitions · licences · registrations
Food safety, FASFC
1 siteTernat2.048.101.352
Similar companies · same sector, comparable size
Otto's Ambachtelijke Bakkerij
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BE 0775.543.110
Berlaar · Eq €100k
JASPA
BE 0475.533.491
Oostende · Eq €100k
BOULANGERIE DELFOSSE
BE 0542.854.659
Walcourt · Eq €100k
GENPAP
BE 0669.698.787
Mons · Eq €99k
Of 4,201 companies in sector 10712 we hold annual accounts for 1,851. 1,585 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-01-1990
Fiscal year end31-12
Activities, NACEBEL
10712Artisanal bread and fresh pastry making
15812
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.