Financials
- Fiscal year
- 2025
- Total assets
- €435,806
- Loss
- -€4,811
- Solvency
- 69.0%
Total assets▼ 8.7%
Net result
20182025
Kris De Munck
ActiveSummary
Kris De Munck has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €300,804 and a net result of -€4,811. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 82% of 1700 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Artisanal bread and fresh pastry making
NACE 10712NACE 15812Retail sale of bread and pastry (bakery outlets) NACE 47241
#8 oldest company in Sint-Gillis-Waas, Manufacturing sector2 sites
Size
€435,806total assets 2025
- Staff
- 13.9 FTE
- Equity
- €300,804
- Loss
- -€4,811
Turnover not published (abridged schema)
Structure
Accounts 24 d early0 of 2 deeds read
Why 94- Sector Manufacture of food products (NACE 10)+ Liquidity: current ratio 2.14, cash €185,723+ Equity €300,804 (69.0% of total assets)+ Founded in 1993Show the evidence
Checked score
Score 2025
94
/ 100
Excellent
Probability in this band: under 0.55%
Better than 62% of its sector peers (NACE 10, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
94+5
equity 69.0% of total assets
Liquidity
91+2
short-term debt 24.8% · cash 42.6%
Profitability
67-14
return on assets -1.1%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 10 months
01-2026: 0.1%lowest value
02-2026: 0.1%▲ +1.1% vs 01-2026
03-2026: 0.1%● 0.0% vs 02-2026
04-2026: 0.1%▲ +9.6% vs 03-2026
05-2026: 0.1%▲ +3.9% vs 04-2026
06-2026: 0.1%▼ -1.9% vs 05-2026
07-2026: 0.1%▲ +18.1% vs 06-2026highest value
08-2026: 0.1%▼ -7.3% vs 07-2026
09-2026: 0.1%● 0.0% vs 08-2026
10-2026: 0.1%● 0.0% vs 09-2026
- Liquidity: current ratio 2.14, cash €185,723 lowers the probability
- Sector Manufacture of food products (NACE 10) raises the probability
- Equity €300,804 (69.0% of total assets) lowers the probability
- Founded in 1993 lowers the probability for this profile
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 2.14 against 1.82 in 2024; short-term debt: 24.8% and cash: 42.6% of total assets), and 31% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 10, micro). Better than this share of them on solvency 82%, liquidity 92%, profitability 41%, growth against the median 34%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
29 d early
2023
28 d early
2022
18 d early
2021
44 d early
2020
32 d early
2019
29 d 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 29 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 4 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Highest result since 2018net €48,420 ▲31.3%
Key points
By topic
Timeline
- Events
- 14
- Since
- 2017
- Next accounts
- by 31-07-2027
- 07-07-2026Annual accounts filed
- 02-07-2025Annual accounts filed
- 31-12-2024Highest result since 2018
Company details
- Sites
- 2
- Legal form
- Private limited company
- Activity
- Artisanal bread and fresh pastry makingNACE 10712
- Founded
- 21-04-1993
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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