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PAIN DU MIE

Active
Private limited companyfounded 2024active for 2 yearsKruibekestraat 52, 9150 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 1010.363.975
Summary

The computed 12-month bankruptcy probability of PAIN DU MIE is 4.6% (elevated). The 2025 annual accounts show equity of €3,601 and a net result of €768. Its solvency ranks better than 28% of 1,867 sector peers (NACE 10, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Artisanal bread and fresh pastry making
NACE 10712Retail sale of bread and pastry (bakery outlets) NACE 47241
1 site
Size
€393,873turnover 2025
Staff
0.3 FTE
Equity
€3,601
Profit
€768
Financial health
38 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
4.6%
Structure
Accounts 32 days early
Why 38raises riskFounded in 2024Sector: Manufacture of food products (NACE 10)Size: turnover €393,873, total assets €41,246Equity €3,601 (8.7% of total assets)Show the evidence

Checked score

Score 2025
38 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 37% of its sector peers (NACE 10, micro)
Financial strength · tick = 2024
Weak
Solvency 34-12
equity 8.7% of total assets
Liquidity 15-42
short-term debt 91.3% · cash 11.9%
Profitability 42-11
return on assets 1.9%
Bankruptcy probability, 12 months
4.6% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.1% (3,076 companies, NACE 10, micro)
Last 24 months 07-2025: 3.6% 08-2025: 1.6%▼ -2.0 percentage points vs 07-2025lowest value 09-2025: 1.6%● unchanged vs 08-2025lowest value 10-2025: 1.6%● unchanged vs 09-2025 11-2025: 1.6%● unchanged vs 10-2025 12-2025: 1.6%● unchanged vs 11-2025 01-2026: 1.7%▲ +0.1 percentage points vs 12-2025 02-2026: 1.7%● unchanged vs 01-2026 03-2026: 1.8%▲ +0.1 percentage points vs 02-2026 04-2026: 1.9%▲ +0.1 percentage points vs 03-2026 05-2026: 2.0%▲ +0.1 percentage points vs 04-2026 06-2026: 2.1%▲ +0.1 percentage points vs 05-2026 07-2026: 2.3%▲ +0.2 percentage points vs 06-2026 08-2026: 2.5%▲ +0.2 percentage points vs 07-2026 09-2026: 2.7%▲ +0.2 percentage points vs 08-2026 10-2026: 4.6%▲ +1.9 percentage points vs 09-2026highest value
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.1, compared with 1.27 in 2024, below the usual 1.5; short-term debt: 91.3% and cash: 11.9% of total assets), and 91.3% of the assets are financed with debt and provisions.
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, micro): better than 26% on solvency, 10% on liquidity, 26% on profitability and 85% on growth.

The bankruptcy probability was computed on 18-10-2026 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

Five signals.
raises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Manufacture of food products (NACE 10)
KBO
raises risk · Size: turnover €393,873, total assets €41,246
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Equity €3,601 (8.7% of total assets)
NBB · annual accounts
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 29-06-2026, 32 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
32 days early
2024
6 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 19 days before 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.
Companies Code · seven months
Where today falls in the filing period
19-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. IncorporationAppointment: VAN HOYWEGHEN Mieke Louis…

Key points

  • Positive: Turnover rose in 2025from €191,171 to €393,873 ▲ 106% View
  • Turnover 20252 financial years filed €393,873 View
  • Active since 2024founded 14-06-2024 2 years View

By topic

Financials

Financial year
2025
Turnover
€393,873
Profit
€768
Solvency
8.7%
Turnover▲ 106%
Net result
20242025
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Artisanal bread and fresh pastry makingNACE 10712
Founded
14-06-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
14
Who signs
Each director alone
Annual meeting
Last Friday of June at 18:00
Purpose
“Het uitbaten van een brood- en banketbakkerij; Groot- en kleinhandel in producten van…” (deed in Dutch)
Go to Articles of association

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