Result
€244,411 €244,411
Back in profit in 2026, after a loss of €333,888 in 2025.
ENROBÉS BAGUETTE S.A.
Lifetime
19 annual accounts with figures on one time axis, 45 filings since 1980peak €15.5m (2019)
€14.1m▼ 3.9%
lowest -€333,888 (2025)
€244,411▲ €578,299
peak €5.4m (2024)
€5.4m▲ 4.8%
€11.8m▲ 0.1%
peak 27 FTE (2022)
24.5 FTEunchanged
Board10 names since 2018
7 directorsFabienne VIEILLEVOYE and 6 others
Owners
Documentsfilings and deeds
29-09-202632 days before the deadline
2026financial year
Back to profit: €244,4113 directors appointed, 1 statutory auditor reappointed 18-06Cash from €242,392 to €585,908
Key points
from the 2026 annual accountsStaff
24 employees on 31-03-2026
In 2026, 6 people joined and 6 left. On top of that, 5 agency workers worked there on average.
Payment terms
84 days to suppliers
ENROBÉS BAGUETTE S.A. pays its suppliers 2 days later than in 2025. Customers pay 13 days later.
Filings
45 annual accounts since 1980
The 2020 accounts came 2 days late. The other nine of the last ten were filed on time.
Board
3 joined
New directors. Latest change 18-06-2026 · 7 in office.
Position in the sector
€5.4m
More equity than 84% of companies in non-metallic mineral products. Sector median €429,246 · 32 companies.
Checked score
87
Excellent
Financially stronger than 40% of small companies in non-metallic mineral products (NACE 23)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 233 companies (NACE 23, small).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025lowest value
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.3%▲ +0.2 percentage points vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026highest value
10-2026: 0.2%▼ -0.1 percentage points vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 0.94, cash €585,908
lowers risk
Sector: Manufacture of other non-metallic mineral products (NACE 23)
Founded in 1980
Legal form: public limited company
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 23, small). It does better than 34% of them on solvency, 49% on liquidity, 30% on profitability and 47% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as ENROBÉS BAGUETTE S.A. has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ENROBÉS BAGUETTE S.A. itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,766 companies, not a prediction for ENROBÉS BAGUETTE S.A.. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €460,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.94 (0.97 in 2025), below 1. Short-term debt is 26.7% and cash 3.4% of total assets. 68.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 29-09-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
32 days early
2025
11 days early
2024
23 days early
2023
on the day
2022
24 days early
2021
1 day early
2020
2 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 13 days before the deadline. In the sector (NACE 23), the median for financial year 2024 was 10 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 8 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-03-2027 year end31-10-2027 deadline
Board and ownership
and 2 others
- S.A FIBAMA 100%score 90equity €5.6m (2025) · 2025 annual accounts of S.A FIBAMA
Recent changes
3 directors appointed, 1 statutory auditor reappointed
Appointments: Bertrand BAGUETTE, Valentine BAGUETTE and CAMILLE BAGUETTE CONSULTANCE SRL · Permanent representative: Camille BAGUETTE · Reappointment: BDO REVISEURS D'ENTREPRISES (statutory auditor) · General meeting of 20-10-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0420227358
Company renamed from Magnée - Enrobés to ENROBÉS BAGUETTE S.A.
Gazette deed
3 directors reappointed
Marcel BAGUETTE, Fabienne VIEILLEVOYE and Florian BAGUETTE · General meeting of 30-10-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ENROBÉS BAGUETTE S.A. Soumagne | €14.1m | 4.2% | 31.3% | 24.5 |
| Tarmacs et Agrégats Binche | €12.5m | -9.5% | 4.5% | 26.3 |
| ARGEX Beveren-Kruibeke-Zwijndrecht | €17.0m | 8.5% | 12.2% | 58.5 |
| ISOMATEX Gembloux | - | - | 73.1% | 19.6 |
| KEM - PRODUCTS Heist-op-den-Berg | €19.9m | 0.3% | 47.5% | 61.4 |
| Pol LAURENT S.R.L. Saint-Ghislain | - | - | 63.1% | 16.2 |
| BELGIAN EMULSIONS Herstal | €17.8m | 0.5% | 78.9% | 7.8 |
Grey: the largest companies of the sector (non-metallic mineral products (NACE 23)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as ENROBÉS BAGUETTE S.A.: manufacture of other non-metallic mineral products (NACE 23990). They are comparable in size and age: total assets between €4.3m and €18m, founded between 1968 and 1997.
Official details
Source: KBO- Status
- Active since 11-01-1980Normal situation
- Activity
- Manufacture of other non-metallic mineral productsNACE 23990and 1 other
- Joint committees
- 124Construction
- 200Auxiliary committee for white-collar workers · annual accounts 31-03-2026
- Establishment unit
- 2.037.945.3534632 Soumagne, since 26-03-1980
- Financial year end
- 31 March
- Peppol
- Reachable since 11-11-2025
Annual accounts to 31-03-2026
- €17.1m▲ 1.5%
- Employeeson 31-03-2026
- 24=
- Filing
- Filed on 29-09-2026, 32 days before the end of the filing period
Insights on ENROBÉS BAGUETTE S.A.
ENROBÉS BAGUETTE S.A. has existed since 1980. Turnover grew from €9.1m in 2007 to €14.1m in 2026 and staff from 17.7 to 24.5 full-time equivalents.
S.A FIBAMA holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ENROBÉS BAGUETTE S.A.
- What is the company number of ENROBÉS BAGUETTE S.A.?
- The company number of ENROBÉS BAGUETTE S.A. is 0420.227.358. The VAT number is the same number with BE in front: BE 0420.227.358.
- Where is ENROBÉS BAGUETTE S.A. based?
- The registered office is at Rue du Fort 131, 4632 Soumagne.Company details
- What does ENROBÉS BAGUETTE S.A. do?
- According to the KBO register, the main activity is manufacture of other non-metallic mineral products (NACE 23990).
- What is the legal form of ENROBÉS BAGUETTE S.A.?
- ENROBÉS BAGUETTE S.A. is a public limited company (NV).
- When was ENROBÉS BAGUETTE S.A. founded?
- ENROBÉS BAGUETTE S.A. was founded on 11-01-1980.
- Is ENROBÉS BAGUETTE S.A. still active?
- Yes, ENROBÉS BAGUETTE S.A. is an active enterprise in the KBO register.
- How many employees does ENROBÉS BAGUETTE S.A. have?
- ENROBÉS BAGUETTE S.A. had an average of 24.5 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- Which joint committee does ENROBÉS BAGUETTE S.A. fall under?
- In its 31-03-2026 annual accounts, ENROBÉS BAGUETTE S.A. states joint committees 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of ENROBÉS BAGUETTE S.A.?
- The turnover of ENROBÉS BAGUETTE S.A. was €14.1m in financial year 2026, according to the filed annual accounts.
- Is ENROBÉS BAGUETTE S.A. profitable?
- In financial year 2026, ENROBÉS BAGUETTE S.A. made a profit of €244,411.
- Where can I find the annual accounts of ENROBÉS BAGUETTE S.A.?
- ENROBÉS BAGUETTE S.A. filed 45 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of ENROBÉS BAGUETTE S.A. due?
- ENROBÉS BAGUETTE S.A. must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
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