M&H Bakkerij
The computed 12-month bankruptcy probability of M&H Bakkerij is 2.4% (moderate). The 2023 annual accounts show equity of €163k and a net result of €50k. Equity is growing by ~47.5% per year across the filed fiscal years. Its solvency ranks better than 45% of 542 sector peers (fiscal year 2023). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €163k |
| Net result | €50k |
| Staff (FTE) | 3.2 |
| Better than sector | 45% |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 14.8% | 17.8% | |
| Net result | €50k | €6k | |
| Equity | €163k | €21k | |
| Gross operating margin | €358k | €52k | |
| Staff costs | €254k | €53k |
Show 11 other metrics
| Fiscal year | 2023 |
|---|---|
| Deposit | micro |
| Revenue | €0 |
| EBITDA | €76k |
| Net profit | €50k |
| Cash flow | €72k |
| Staff costs | €254k |
| Income taxes | €1k |
| Dividends | - |
| Total assets | €1.10M |
| Equity | €163k |
| Debt | €940k |
| of which ≤ 1y | €940k |
| of which > 1y | - |
| Working capital | €-8k |
| Employees (FTE) | 3.2 |
| 2023 | |
|---|---|
| Current ratio | 0.99 |
| Quick ratio | 0.99 |
| Working capital ratio | -0.7% |
| Solvency | 14.8% |
| Debt / equity | 5.76 |
| Long-term debt ratio | - |
| Interest coverage | 24.99 |
| Gross margin | - |
| Net margin | - |
| ROA | 4.5% |
| ROE | 30.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (24 line items)
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.10M |
| Fixed assets | 21/28 | €171k |
| Tangible fixed assets | 22/27 | €171k |
| Financial fixed assets | 28 | €60 |
| Current assets | 29/58 | €932k |
| Amounts receivable within one year | 40/41 | €874k |
| Cash & bank | 54/58 | €56k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.10M |
| Equity | 10/15 | €163k |
| Contributions / capital | 10/11 | €7k |
| Reserves | 13 | €142k |
| Accumulated profits (losses) | 14 | €14k |
| Amounts payable | 17/49 | €940k |
| Amounts payable within one year | 42/48 | €940k |
| Trade debts payable within one year | 44 | €866k |
| Income statement | ||
| Turnover | 70 | €0 |
| Gross operating margin | 9900 | €358k |
| Operating result | 9901 | €54k |
| Financial income | 75 | €54 |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €51k |
| Income taxes | 67/77 | €1k |
| Net result for the period | 9904 | €50k |
| Result to be appropriated | 9905 | €50k |
-
Current01-06-2025 → present
-
Current22-11-2024 → present
-
Current17-02-2023 → present
Former directors (4)
-
Former- → 01-06-2025
-
Former- → 01-01-2024
-
Former01-07-2020 → 17-02-2023
2 events
- 17-02-2023 Resigned· Director
- 01-07-2020 Appointed· Director
-
Former- → 30-06-2020
| NACE primary | Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk(10712) |
| Legal form | Private limited company(610) |
| Incorporation | 04-07-2019 |
| Status | Active |
| Postal code | 1620 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22001A0020/00Z002 | Flanders | 2.9 ha | 1 · 4,128 m² | - |
| 11513C0122/00T003 | Flanders | 177 m² | 1 · 146 m² | 12.2 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
20-03-2026 Seat change
- Publication: 20/03/2026 · M&H Bakkerij
- Filing: 10/03/2026 · M&H Bakkerij
- Seat change: to: De Bruyckerweg 1 1620 Drogenbos, from: Mechelsessteenweg 90 2640 Mortsel, effective_date: 2025-11-20 · M&H Bakkerij
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}27-08-2025 1 director appointed, 1 resigning
- Nordine El Yakoubi, Zaakvoerder
- Sakina Bouraqqadi, Zaakvoerder
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}22-11-2024 1 director appointed, 1 resigning
- Bouraqqadi Sakima, Bestuurder
- Nancy Scheyltjens, Bestuurder
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}13-03-2023 1 director appointed, 1 resigning
- Scheyltjens Nancy Joanna, Bestuurder
- Yattou Mohamed, Bestuurder
Technical details
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}01-09-2020 1 director appointed, 1 resigning
- Mohamed Yattou, Bestuurder
- Jabbari, Abdelhakim, Bestuurder
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}08-07-2019 Incorporation of a new BV
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}| Legal nameNL | M&H Bakkerij |