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Feuilletage

Active
Private limited companyfounded 2023active for 3 yearsDorpskring(LUB) 9, 3210 Lubbeek, BelgiumKBO/BCE: BE 0795.681.595

From the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Feuilletage has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €122,313 and a net result of €46,030. Equity has been growing by about 53% per year since 2023. Its solvency ranks better than 79% of 1,899 sector peers (NACE 10, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Official details

KBO
Status
Active since 03-01-2023 Normal situation
Activity
Artisanal bread and fresh pastry making NACE 10712
Establishment unit
2.340.622.173 3210 Lubbeek, since 03-01-2023
Financial year end
31 December
Peppol
Reachable since 22-05-2025

Board and ownership

Board
  • Hermans NancyDirector
  • Sauer Franky FrançoisDirector

Financial position

72 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts 2025
Gross margin
€108,893
▲ 13.5%
Turnover
≈ €270,000
estimated
Profit
€46,030
▲ 32.9%
Equity
€122,313
▲ 60.3%
Total assets
€189,686
▲ 15.9%
Employees on 31-12-2025
1
=
Filed on 13-07-2026, 18 days before the deadline
Score breakdownraises riskSector: Manufacture of food products (NACE 10)Founded in 2023Size: total assets €189,686lowers riskLiquidity: current ratio 2.12, cash €47,728Show the evidence

Checked score

Score 2025
72 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 84% of micro companies in food products (NACE 10)
Financial strength · tick: 2024
Strong
Solvency 89+17
equity 64.5% of total assets
Liquidity 76+15
short-term debt 19.4% · cash 25.2%
Profitability 99+4
return on assets 24.3%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.1% (3,081 companies, NACE 10, micro)
Last 24 months 12-2024: 2.4% 01-2025: 2.4%● unchanged vs 12-2024 02-2025: 2.4%● unchanged vs 01-2025 03-2025: 2.4%● unchanged vs 02-2025 04-2025: 2.5%▲ +0.1 percentage points vs 03-2025 05-2025: 2.5%● unchanged vs 04-2025 06-2025: 2.5%● unchanged vs 05-2025 07-2025: 2.6%▲ +0.1 percentage points vs 06-2025 08-2025: 3.3%▲ +0.7 percentage points vs 07-2025 09-2025: 3.5%▲ +0.2 percentage points vs 08-2025highest value 10-2025: 1.7%▼ -1.8 percentage points vs 09-2025 11-2025: 1.7%● unchanged vs 10-2025 12-2025: 1.7%● unchanged vs 11-2025 01-2026: 1.7%● unchanged vs 12-2025 02-2026: 1.7%● unchanged vs 01-2026 03-2026: 1.7%● unchanged vs 02-2026 04-2026: 1.8%▲ +0.1 percentage points vs 03-2026 05-2026: 1.8%● unchanged vs 04-2026 06-2026: 1.8%● unchanged vs 05-2026 07-2026: 1.9%▲ +0.1 percentage points vs 06-2026 08-2026: 0.9%▼ -1.0 percentage point vs 07-2026 09-2026: 0.7%▼ -0.2 percentage points vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026lowest value 11-2026: 0.7%● unchanged vs 10-2026lowest value
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.12 (0.83 in 2024), above the usual 1.5. Short-term debt is 19.4% and cash 25.2% of total assets. 35.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 10, micro). It does better than 78% of them on solvency, 80% on liquidity, 90% on profitability and 86% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 2.12, cash €47,728
NBB · annual accounts
raises risk · Sector: Manufacture of food products (NACE 10)
KBO
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €189,686
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 13-07-2026, 18 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
18 days early
2024
29 days late
2023
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 14 days after the deadline. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% 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 August (3 of the last 3 accounts filed within 47 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Key points

  • Positive: Higher net result than 82% of companies in food productssector median €8,269 · 1,901 companies €46,030 View

Comparable companies

These companies have the same main activity as Feuilletage: artisanal bread and fresh pastry making (NACE 10712). They are comparable in size and age: total assets between €172,000 and €266,000, founded between 2022 and 2023.

CompanyTotal assetsGross margin
Feuilletage Lubbeek€189,686€108,893
Bakkerij De Knop Affligem€176,010€129,579
MIE.NIMALISTE Nivelles€190,185€103,475
Bakkerij Guns Overijse€188,583€137,894
G. Stijnen Pastry Dilbeek€262,111€103,678
Bakkerij Jacobs Pajottegem€265,698€110,569
G.MA FOOD Ronse€171,599€87,860
Full comparison

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Feuilletage

What is the company number of Feuilletage?
The company number of Feuilletage is 0795.681.595. The VAT number is the same number with BE in front: BE 0795.681.595.
Where is Feuilletage based?
The registered office is at Dorpskring(LUB) 9, 3210 Lubbeek.Company details
What does Feuilletage do?
According to the KBO register, the main activity is artisanal bread and fresh pastry making (NACE 10712).
What is the legal form of Feuilletage?
The legal form of Feuilletage is Private limited company (BV).
When was Feuilletage founded?
Feuilletage was founded on 03-01-2023.
Is Feuilletage still active?
Yes, Feuilletage is an active enterprise in the KBO register.
How many employees does Feuilletage have?
Feuilletage had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Feuilletage?
The turnover in financial year 2025 is ≈ €270,000. This figure is estimated from the gross margin of €108,893 and 2,213 comparable companies of the same size. It probably lies between €180,000 and €420,000. It is a rough estimate.
Is Feuilletage profitable?
In financial year 2025, Feuilletage made a profit of €46,030.
Where can I find the annual accounts of Feuilletage?
Feuilletage filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of Feuilletage due?
Feuilletage must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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