MARKT 5

Active

Private limited companyfounded 20224 yrs activeGrote Markt 5, 8900 Ieper, BelgiumKBO/BCE: BE 0789.631.963

Summary

The computed 12-month bankruptcy probability of MARKT 5 is 2.1% (moderate). The 2025 annual accounts show equity of €250k and a net result of €104k. Its solvency ranks better than 51% of 800 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

65 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability86▲+11

Solvency59▲+11

Growth78

Track record94

Bankruptcy probability, 12 months

2.1% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €16k at 30 days acceptable

Liquidity tight (current ratio 1.03 against 0.43 in 2024; short-term debt: 20.4% and cash: 15.9% of total assets), and 66.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

33.8%

Return on assets

14.1%

Age of the figures

18 mo

Latest accounts filed on time

The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

2 d early

2024

1 d early

← before the deadline after the deadline →

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.

Companies Code · seven months

Position in the running window

31-03-2026 close24-09-2026 today31-10-2026 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity

€250k▲ 67.7%

2024 · €149k

2024: €149k

2024 → 2025

Total assets

€740k▲ 14.6%

2024 · €645k

2024: €645k

2024 → 2025

Net result

€104k▲ 112%

2024 · €49k

2024: €49k

2024 → 2025

Working capital

€5k

2024 · €-82k

2024: €-82k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€149k-€250k▲ 67.7%

Operating result€75k-€134k▲ 79.7%

Net result€49k-€104k▲ 112%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result rises in 2025; 2025 is 80% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €740k

78.9%

21.1%

Fixed assets €584k ▲ 0.1%

Current assets €156k ▲ 152%

Equity and liabilities €740k

33.8%

66.2%

Equity €250k ▲ 67.7%

Debt €489k ▼ 1.3%

Debt's share of the balance-sheet total falls from 76.9% to 66.2%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€211k▲

2024 · €155k

Cash flow

€181k▲

2024 · €130k

Current ratio

1.03▲

2024 · 0.43

Quick ratio

0.95▲

2024 · 0.35

Debt to equity

1.95▼

2024 · 3.32

ROE

41.7%▲

2024 · 33.0%

ROA

14.1%▲

2024 · 7.6%

Interest coverage

12.09▲

2024 · 5.61

Debt ≤ 1 year

€151k▲

2024 · €144k

Debt > 1 year

€339k▼

2024 · €352k

Income taxes

€13k

Staff costs

€218k▼

2024 · €238k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines

Balance sheet Code20242025

Assets

Total assets20/58€645k€740k▲

Fixed assets21/28€583k€584k▲

Tangible fixed assets22/27€583k€584k▲

Plant, machinery and equipment23€576k€523k▼

Furniture and vehicles24€7k€60k▲

Current assets29/58€62k€156k▲

Stocks and contracts in progress3€12k€13k▲

Stocks30/36€12k€13k▲

Amounts receivable within one year40/41€315€22k▲

Other amounts receivable41€315€22k▲

Cash at bank and in hand54/58€46k€118k▲

Deferred charges and accrued income490/1€4k€4k▼

Equity and liabilities

Total equity and liabilities10/49€645k€740k▲

Equity10/15€149k€250k▲

Contributions10/11€100k€100k=

Reserves13€25k€100k▲

Distributable reserves133€25k€100k▲

Profit (loss) carried forward14€24k€50k▲

Amounts payable17/49€496k€489k▼

Amounts payable after more than one year17€352k€339k▼

Financial debts170/4€352k€339k▼

Amounts payable within one year42/48€144k€151k▲

Current portion of amounts payable after more than one year42€60k€75k▲

Trade debts44€41k€29k▼

Suppliers440/4€41k€29k▼

Taxes, remuneration and social security45€25k€44k▲

Taxes450/3€12k€20k▲

Remuneration and social security454/9€13k€24k▲

Other amounts payable47/48€18k€3k▼

Income statement Code20242025

Remuneration, social security and pensions62€238k€218k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€81k€77k▼

Other operating charges640/8€3k€3k▲

Gross operating margin9900€395k€432k▲

Operating profit (loss)9901€75k€134k▲

Financial income75/76B€2k€1k▼

Recurring financial income75€2k€1k▼

Financial charges65/66B€28k€17k▼

Recurring financial charges65€28k€17k▼

Profit (loss) for the period before taxes9903€49k€118k▲

Income taxes67/77-€13k

Profit (loss) for the period9904€49k€104k▲

Profit (loss) for the period to be appropriated9905€49k€104k▲

Appropriation of the result

Profit (loss) to be appropriated9906€49k€129k▲

Profit (loss) brought forward from the previous period14P-€24k

Transfer to equity691/2€25k€75k▲

To other reserves6921€25k€75k▲

Profit to be distributed694/7-€3k

Return on contributions (dividend)694-€3k

Social balance

Average headcount (FTE)90873.65.0▲

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 4Financial 2Filings 2

Next filing, fiscal year 2026, expected by 31-10-2026

2025

29-10

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

31-03

Financial Liquidity doublescurrent ratio 1.03

Current ratio from 0.43 to 1.03.

31-03

Financial Equity above €200kEq €250k ▲67.7%

2 profitable years in a row build equity to €250k.

2024

30-10

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Ieper · 1 establishment unit since 2022

establishment The establishment unit on the map

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.

Grote Markt 58900 Ieper

Ground area

190 m²

Building footprint

190 m²

Volume, LiDAR

1,831 m³

Parcel 33011H0377/00B000, Flanders · tallest building 18.8 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

MARKT 5

Grote Markt 5, 8900 IeperArtisanal bread and fresh pastry making

since 20222.334.328.160

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
33011H0377/00B000	Flanders	190 m²	1 · 190 m²	18.8 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel 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

2025 · 1 entry · 150 EUR awarded · 150 EUR paid

Year	Entries	awarded	paid
2025	1	150 EUR	150 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · 150 EUR · 150 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site

Ieper2.334.328.160

2 permissions

Toelating · Bakkerij · since 20-01-2023

Toelating · Eetgelegenheid · since 20-01-2023

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DU VILLAGE

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Dentergem · Eq €249,561

ANP PATISSERIE

BE 0759.961.940

Grimbergen · Eq €249,327

Croûte

BE 0758.352.829

Zoersel · Eq €252,043

Of 4,226 companies in sector 10712 we hold annual accounts for 1,870. 1,462 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded12-08-2022

Fiscal year end31-03

Activities, NACEBEL 2025

10712Artisanal bread and fresh pastry making

56111Full-service restaurants

56112Limited-service restaurants, excluding mobile food services

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.