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NULENS BAKERIES
ActiveFrom the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of NULENS BAKERIES is 4.9% (elevated). The 2025 annual accounts show negative equity (-€63,394) and a net result of -€69,033. Equity is shrinking by about 612% per year across the filed financial years. Its solvency ranks better than 9% of 1,004 sector peers (NACE 10, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 22-12-2022 Normal situation
- Legal form
- Private limited company
- Registered office
- Brugstraat 9, 3620 Lanaken
- Activity
- Artisanal bread and fresh pastry making NACE 10712and 1 other
- Establishment units
- 4 establishment units
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
How it is doing
- Bankruptcy probabilitywithin 12 months
- 4.9%
Annual accounts 2025
- Gross margin
- €749,803
- ▼ 13.3%
- Turnover
- ≈ €1.8m
- estimated
- Loss
- €69,033
- Equity
- -€63,394
- Total assets
- €495,822
- ▼ 24.4%
- Staff
- 23.1 FTE
- ▲ 21.6%
2025 accounts filed 55 days late
Filed on 24-09-2026at the National Bank
Why 36raises riskSector: Manufacture of food products (NACE 10)Last filed accounts filed 55 days late; 1 of the last 3 lateNegative equity -€63,394lowers riskLiquidity: current ratio 0.77, cash €118,779Show the evidence
Checked score
Score 2025
36
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 21% of its sector peers (NACE 10, small)
Financial strength · tick = 2024
Weak
Solvency
12-14
equity -12.8% of total assets
Liquidity
51-7
short-term debt 56.3% · cash 24.0%
Profitability
27-42
return on assets -13.9%
Bankruptcy probability, 12 months
4.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 3.5%
12-2024: 3.6%▲ +0.1 percentage points vs 11-2024
01-2025: 3.5%▼ -0.1 percentage points vs 12-2024
02-2025: 3.5%● unchanged vs 01-2025
03-2025: 3.5%● unchanged vs 02-2025
04-2025: 3.6%▲ +0.1 percentage points vs 03-2025
05-2025: 3.6%● unchanged vs 04-2025
06-2025: 3.6%● unchanged vs 05-2025
07-2025: 3.9%▲ +0.3 percentage points vs 06-2025
08-2025: 4.6%▲ +0.7 percentage points vs 07-2025
09-2025: 2.5%▼ -2.1 percentage points vs 08-2025lowest value
10-2025: 2.5%● unchanged vs 09-2025lowest value
11-2025: 2.5%● unchanged vs 10-2025lowest value
12-2025: 2.5%● unchanged vs 11-2025lowest value
01-2026: 2.5%● unchanged vs 12-2025lowest value
02-2026: 2.5%● unchanged vs 01-2026lowest value
03-2026: 2.5%● unchanged vs 02-2026lowest value
04-2026: 2.6%▲ +0.1 percentage points vs 03-2026
05-2026: 2.6%● unchanged vs 04-2026
06-2026: 2.6%● unchanged vs 05-2026
07-2026: 2.7%▲ +0.1 percentage points vs 06-2026
08-2026: 3.4%▲ +0.7 percentage points vs 07-2026
09-2026: 3.4%● unchanged vs 08-2026
10-2026: 4.9%▲ +1.5 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.77, compared with 0.89 in 2024, below 1; short-term debt: 56.3% and cash: 24% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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, small): better than 5% on solvency, 65% on liquidity, 12% on profitability and 0% on growth.
The bankruptcy probability was computed on 31-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year -€63,394
raises risk · 2025 accounts filed 55 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-09-2026, 55 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filingsDeviation from the deadline
2025
55 days late
2024
28 days late
2023
22 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 35 days after the deadline; the sector median (NACE 10) for financial year 2024 is 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 28 August (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 24-09-2026
- Annual accounts 2024filed on 28-08-2025
- Annual accounts 2023filed on 22-08-2024
Acts in the Belgian Official Gazette
- Incorporationact of 27-12-2022
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about NULENS BAKERIES
- What is the company number of NULENS BAKERIES?
- 0795.241.137. In Belgium the VAT number is the company number with BE in front: BE 0795.241.137.
- Where is NULENS BAKERIES based?
- The registered office is at Brugstraat 9, 3620 Lanaken.Company details
- What does NULENS BAKERIES do?
- According to the KBO register, the main activity is artisanal bread and fresh pastry making (NACE 10712).
- What is the legal form of NULENS BAKERIES?
- Private limited company (BV).
- When was NULENS BAKERIES founded?
- On 22-12-2022.
- Is NULENS BAKERIES still active?
- Yes, NULENS BAKERIES is an active enterprise in the KBO register.
- How many employees does NULENS BAKERIES have?
- On average 23.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of NULENS BAKERIES?
- ≈ €1.8m in financial year 2025. Estimated from the gross margin of €749,803: probably between €1.1m and €3.0m, based on 2,285 comparable companies of the same size. A rough estimate.
- Is NULENS BAKERIES profitable?
- In financial year 2025, NULENS BAKERIES made a loss of €69,033.
- Where can I find the annual accounts of NULENS BAKERIES?
- NULENS BAKERIES 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 NULENS BAKERIES due?
- By 31-07-2027, for financial year 2026.Timeline
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