Checked.be
Active
BE 0834.678.565Private limited company
PATYBREAD
Zuidstraat 71 ·1000 Brussel, Belgium· 15 yrs active
Sector: Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk
(10712)
Conclusion
The computed 12-month bankruptcy probability of PATYBREAD is 2.0% (moderate). The 2025 annual accounts show negative equity (€-30k) and a net result of €-4k. The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €-30k |
| Net result | €-4k |
| Active | 15 yrs |
| Board | 2 |
Financial profile
57
/ 100
Mixed profile: strong on stability, weaker on health.
All 5 axes are computed from data Checked has read.
Health
28
Profitability
64
Solvency
33
Growth
58
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Established
Founded in 2011, 15 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
28
/ 100
Weak
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 31-08-2026 with the NBB · fiscal year 2025 · micro schema
€21k
+52.1%
24-25
€-4k
+50.3%
24-25
€8k
+144.6%
24-25
€44k
-20.4%
24-25
€-30k
-14.7%
24-25
€-58k
+4.5%
24-25
5
-
24-25
€123k
-13.4%
24-25
€163
-
24-25
€75k
-9.0%
24-25
€75k
-9.0%
24-25
0.22
-14.4%
24-25
0.19
-19.2%
24-25
-68.9%
-44.0%
24-25
-2.45
+20.7%
24-25
12.8%
-56.7%
24-25
-8.8%
+37.6%
24-25
1.70
+32.0%
24-25
Figures by fiscal year and ratios
| Fiscal year | 2025 |
|---|---|
| Deposit | micro schema |
| Revenue | - |
| EBITDA | €21k |
| Net profit | €-4k |
| Cash flow | €8k |
| Staff costs | €123k |
| Income taxes | €163 |
| Dividends | - |
| Total assets | €44k |
| Equity | €-30k |
| Debt | €75k |
| of which ≤ 1y | €75k |
| of which > 1y | - |
| Working capital | €-58k |
| Employees (FTE) | - |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 0.22 |
| Quick ratio | 0.19 |
| Working capital ratio | -131.5% |
| Solvency | -68.9% |
| Debt / equity | -2.45 |
| Long-term debt ratio | - |
| Interest coverage | 1.70 |
| Gross margin | - |
| Net margin | - |
| ROA | -8.8% |
| ROE | 12.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan.
See plans →
Balance-sheet composition 2025
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €44k |
| Fixed assets | 21/28 | €28k |
| Tangible fixed assets | 22/27 | €28k |
| Financial fixed assets | 28 | €80 |
| Current assets | 29/58 | €17k |
| Stocks & contracts in progress | 3 | €2k |
| Amounts receivable within one year | 40/41 | €375 |
| Cash & bank | 54/58 | €12k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €44k |
| Equity | 10/15 | €-30k |
| Contributions / capital | 10/11 | €6k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €-39k |
| Amounts payable | 17/49 | €75k |
| Amounts payable within one year | 42/48 | €75k |
| Trade debts payable within one year | 44 | €7k |
| Income statement | ||
| Gross operating margin | 9900 | €145k |
| Operating result | 9901 | €8k |
| Financial income | 75 | €15 |
| Financial charges | 65 | €12k |
| Result before taxes | 9903 | €-4k |
| Income taxes | 67/77 | €163 |
| Net result for the period | 9904 | €-4k |
| Result to be appropriated | 9905 | €-4k |
Directors & mandates
Current directors & mandates
-
Alain De SmedtDirectorState Gazette act 24423941 (26-08-2024)Current26-08-2024 → present
-
Lara PierreDirectorState Gazette act 24423941 (26-08-2024)Current26-08-2024 → present
Legal Structure
| NACE primary | Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk(10712) |
| Legal form | Private limited company(610) |
| Incorporation | 21-03-2011 |
| Status | Active |
| Postal code | 1000 |
Establishment units
Le Temps des Tartines
since 20112.201.480.623
La Madeleine...
since 20182.277.545.647
Real-estate footprint
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21383B0020/00C020 | Brussels | 240 m² | 1 · 177 m² | 22.9 m · 6 fl. |
| 21004A0209/00A002 | Brussels | 115 m² | 1 · 100 m² | 19.4 m · 5 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
2026
31-08-2026 NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
29-09-2025 NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
26-08-2024 State Gazette act Director changes
Kim LAGAE
14-08-2024 NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08-2023 NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09-2022 NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-08-2021 NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
28-10-2020 NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-08-2019 NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
31-08-2018 NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
30-08-2017 NBB filing Annual accounts filed
fiscal year 2016 · full schema
Belgian State Gazette reading coverage
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
All acts · 1
updated 2 years ago
2024
26-08-2024 2 directors appointed
- Alain De Smedt, Bestuurder
- Lara Pierre, Bestuurder
Notary:
Kim LAGAE · Bruxelles
Technical details
{
"events": [
{
"kind": "director_in",
"role": "administrateur",
"person": {
"rrn": null,
"name": "Alain De Smedt",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": "niet_statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "director_in",
"role": "administrateur",
"person": {
"rrn": null,
"name": "Lara Pierre",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": "niet_statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
}
],
"notary": {
"name": "Kim LAGAE",
"firm_city": null,
"firm_name": null,
"office_city": "Bruxelles",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-08-26",
"filing_date": "2024-08-22",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2024-08-21",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0834.678.565",
"name_full": "PATYBREAD",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Kim Lagae",
"org_rep_person_name": null,
"person_role_at_subject": "notaire"
},
"co_filed_documents": [
"une exp\u00E9dition conforme de l\u2019acte",
"une procuration",
"une coordination des statuts"
],
"corrected_publication_numac": null
}Credit advice
Company registry (CBE)
Activities
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk10712Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112
Names & trade names
| Legal nameFR | PATYBREAD |
Similar companies
4807 Prod
BE 1011.736.922 · Brussel
A23
BE 0866.967.786 · Brussel
ADO 42
BE 0712.828.947 · Brussel
AMZ COMPANY
BE 0756.914.853 · Brussel
AUX MERVEILLEUX DE FRED BRUXELLES
BE 0537.470.565 · Brussel