DE KOEK
ActiveDE KOEK has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €92k and a net result of €-29k. Equity is growing by ~21.3% per year across the filed fiscal years. Its solvency ranks better than 72% of 1520 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-44
Solvency72▼-14
Growth52=
Stability100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity short (current ratio 0.87 against 1.51 in 2024), and 43.5% 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 · 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 →
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 2025Solvency, return and age of the figures
Solvency
56.5%
Return on assets
-17.6%
Age of the figures
8 mo
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 · 9 filingsDeviation from the deadline
2025
31 d late
2024
26 d late
2023
30 d late
2022
29 d late
2021
3 d late
2020
23 d late
2019
on the day
← 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€92k▼ 23.7%
2024 · €120k
2019: €33k
2020: €35k
2021: €77k
2022: €61k
2023: €110k
2024: €120k
2019 → 2025
Total assets
€162k▼ 25.1%
2024 · €217k
2019: €50k
2020: €55k
2021: €111k
2022: €97k
2023: €155k
2024: €217k
2019 → 2025
Net result
€-29k
2024 · €11k
2019: €22k
2020: €2k
2021: €44k
2022: €-16k
2023: €50k
2024: €11k
2019 → 2025
Working capital
€-8k
2024 · €46k
2019: €28k
2020: €23k
2021: €45k
2022: €19k
2023: €64k
2024: €46k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€77k-€61k▼ 20.7%€110k▲ 79.9%€120k▲ 9.6%€92k▼ 23.7%
Operating result€48k-€-15k€54k€12k▼ 78.5%€-27k
Net result€44k-€-16k€50k€11k▼ 79.0%€-29k
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 €27k after €12k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €162k
Fixed assets
€108k▲ 33.0%
Current assets
€55k▼ 59.8%
Equity and liabilities €162k
Equity
€92k▼ 23.7%
Debt
€71k▼ 26.9%
The debt ratio falls from 44.5% to 43.5%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€399▼
2024 · €37k
Cash flow
€-907▼
2024 · €36k
Solvency
56.5%▲
2024 · 55.5%
Current ratio
0.87▼
2024 · 1.51
Quick ratio
0.68▼
2024 · 1.40
Debt / equity
0.77▼
2024 · 0.80
ROE
-31.0%▼
2024 · 8.8%
ROA
-17.6%▼
2024 · 4.9%
Interest coverage
0.29▼
2024 · 62.65
Debt
€71k▼
2024 · €97k
Debt ≤ 1 year
€63k▼
2024 · €90k
Debt > 1 year
€7k▲
2024 · €7k
Income taxes
€0▼
2024 · €1k
Staff costs
€66k▲
2024 · €58k
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€217k€162k▼
Fixed assets21/28€81k€108k▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€78k€104k▲
Plant, machinery and equipment23€18k€53k▲
Furniture and vehicles24€8k€11k▲
Leasing and similar rights25€14k€7k▼
Other tangible fixed assets26€37k€34k▼
Financial fixed assets28€4k€4k▲
Current assets29/58€136k€55k▼
Stocks and contracts in progress3€10k€12k▲
Stocks30/36€10k€12k▲
Amounts receivable within one year40/41€51k€20k▼
Trade receivables40€34k€8k▼
Other amounts receivable41€17k€12k▼
Cash at bank and in hand54/58€70k€13k▼
Deferred charges and accrued income490/1€5k€9k▲
Equity and liabilities
Total equity and liabilities10/49€217k€162k▼
Equity10/15€120k€92k▼
Contributions10/11€6k€6k=
Reserves13€114k€114k=
Distributable reserves133€114k€114k=
Profit (loss) carried forward14€0€-29k▼
Amounts payable17/49€97k€71k▼
Amounts payable after more than one year17€7k€7k▲
Financial debts170/4€7k€7k▲
Amounts payable within one year42/48€90k€63k▼
Current portion of amounts payable after more than one year42€7k€9k▲
Financial debts43€2k€456▼
Other loans439€2k€456▼
Trade debts44€70k€15k▼
Suppliers440/4€70k€15k▼
Taxes, remuneration and social security45€11k€7k▼
Taxes450/3€6k€3k▼
Remuneration and social security454/9€5k€5k▼
Other amounts payable47/48€0€32k▲
Accrued charges and deferred income492/3-€322
Income statement
Code20242025
Remuneration, social security and pensions62€58k€66k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€28k▲
Other operating charges640/8€955€2k▲
Non-recurring operating charges66A€568€325▼
Gross operating margin9900€96k€68k▼
Operating profit (loss)9901€12k€-27k▼
Financial income75/76B€509€58▼
Recurring financial income75€509€58▼
Financial charges65/66B€593€1k▲
Recurring financial charges65€593€1k▲
Profit (loss) for the period before taxes9903€12k€-29k▼
Income taxes67/77€1k€0▼
Profit (loss) for the period9904€11k€-29k▼
Profit (loss) for the period to be appropriated9905€11k€-29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€-29k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€11k€0▼
To other reserves6921€11k€0▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (13 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-29k ▼370%
Net result drops to €-29k, the lowest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €50k
Net result €50k after one loss-making year.
31-12
Financial
Equity above €100kEq €110k ▲79.9%
Equity rises from €61k to €110k.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2020
23-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
24-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
03-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Brakel · 2 establishment units since 2016
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.
Ommegangstraat 159660 BrakelGround area
9,531 m²
Building footprint
2,467 m²
Volume, LiDAR
1,027 m³
2 parcels, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
De Koek
since 20162.254.924.752
Geutelingen De Koekelaere
since 20242.363.732.226
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45023A1469/00F000 | Flanders | 8,006 m² | 1 · 2,238 m² | - |
| 45009B0090/00F000 | Flanders | 1,525 m² | 1 · 229 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
2023 to 2025 · 7 entries · 134,561 EUR awarded · 106,465 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 240 EUR | 240 EUR |
| 2024 | 2 | 225 EUR | 53,000 EUR |
| 2023 | 2 | 134,096 EUR | 53,225 EUR |
Schemes
Ontwikkelingsproject
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
2 sitesOudenaarde2.363.732.226
Brakel2.254.924.752
Similar companies · same sector, comparable size
Oud Huis Deman
BE 0693.850.106
Brugge · Eq €90k
STATION BAKKERIJ
BE 0800.319.581
Lokeren · Eq €95k
BarLeCake
BE 1013.368.601
Antwerpen · Eq €87k
CHEZ LIO
BE 0841.914.864
Wavre · Eq €101k
AVIAN BISCUITERIE
BE 0427.991.912
Tubize · Eq €81k
Of 432 companies in sector 10720 we hold annual accounts for 139. 82 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-07-2016
Fiscal year end31-12
Activities, NACEBEL
10720Manufacture of food products
10890Manufacture of food products
28930Manufacture of machinery and equipment not elsewhere classified
47242Retail sale of chocolate and confectionery
56112Limited-service restaurants, excluding mobile food services
56120Mobile food service activities
74201Photography, excluding press photography
82300Organisation of conventions and trade shows
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.