Pépite Concept
ActiveSummary
The computed 12-month bankruptcy probability of Pépite Concept is 4.1% (elevated). The 2025 annual accounts show equity of €75,656 and a net result of €14,111. Its solvency ranks better than 56% of 1,902 sector peers (NACE 10, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 17-08-2023 Normal situation
- Activity
- Artisanal bread and fresh pastry making NACE 10712and 5 others
- Joint committee
- 302 Paritair Comité voor het hotelbedrijf · annual accounts 2025
- Establishment unit
- 2.348.822.732 1050 Elsene, since 17-08-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 04-09-2023
Board and ownership
Board
- KLUYSKENS Aurélie Marie-PauleDirector · since 17-08-2023
- OTHOMENE Julien PatrickDirector · since 17-08-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 4.1%
Annual accounts 2025
- Gross margin
- €170,032
- ▲ 33.9%
- Turnover
- ≈ €430,000
- estimated
- Profit
- €14,111
- Equity
- €75,656
- ▲ 22.9%
- Total assets
- €207,829
- ▲ 0.6%
- Employees on 31-12-2025
- 4
- ▼ 42.9%
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskFounded in 2023Sector: Manufacture of food products (NACE 10)Last filed accounts filed 31 days late; 2 of the last 3 accounts lateSize: total assets €207,829Show the evidence
Checked score
Score 2025
49
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 59% of micro companies in food products (NACE 10)
Financial strength · tick: 2024
Strong
Solvency
61+6
equity 36.4% of total assets
Liquidity
52-3
short-term debt 29.6% · cash 11.2%
Profitability
77+77
return on assets 6.8%
Bankruptcy probability within 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.2%
01-2025: 4.3%▲ +0.1 percentage points vs 12-2024
02-2025: 4.7%▲ +0.4 percentage points vs 01-2025
03-2025: 5.1%▲ +0.4 percentage points vs 02-2025
04-2025: 5.1%● unchanged vs 03-2025
05-2025: 5.0%▼ -0.1 percentage points vs 04-2025
06-2025: 4.9%▼ -0.1 percentage points vs 05-2025
07-2025: 5.3%▲ +0.4 percentage points vs 06-2025
08-2025: 5.4%▲ +0.1 percentage points vs 07-2025
09-2025: 5.4%● unchanged vs 08-2025
10-2025: 5.1%▼ -0.3 percentage points vs 09-2025
11-2025: 5.1%● unchanged vs 10-2025
12-2025: 5.1%● unchanged vs 11-2025
01-2026: 5.0%▼ -0.1 percentage points vs 12-2025
02-2026: 5.0%● unchanged vs 01-2026
03-2026: 4.9%▼ -0.1 percentage points vs 02-2026
04-2026: 5.0%▲ +0.1 percentage points vs 03-2026
05-2026: 5.0%● unchanged vs 04-2026
06-2026: 5.0%● unchanged vs 05-2026
07-2026: 5.0%● unchanged vs 06-2026
08-2026: 6.0%▲ +1.0 percentage point vs 07-2026highest value
09-2026: 4.0%▼ -2.0 percentage points vs 08-2026lowest value
10-2026: 4.1%▲ +0.1 percentage points vs 09-2026
11-2026: 4.1%● unchanged vs 10-2026
Credit of up to €3,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.37 (1.1 in 2024), below the usual 1.5. Short-term debt is 29.6% and cash 11.2% of total assets. 63.6% of the assets are financed with debt and provisions.
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 10, micro). It does better than 54% of them on solvency, 52% on liquidity, 61% on profitability and 71% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 2 filingsDeviation from the deadline
2025
31 days late
2024
60 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 46 days after the deadline. In the sector (NACE 10), the median for financial year 2024 was 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 monthsWhere today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00495764.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 2 filings
Turnover
≈ €430,000
Estimated: probably between €280,000 and €660,000
Total assets
€207,829▲ 0.6%
2024 · €206,608
Net result
€14,111
2024 · -€43,455
Working capital
€22,895▲ 346%
2024 · €5,134
Multi-year overview
2024 to 2025, 2 financial yearsOperating result
€19,211
2025
20242025
Net result
€14,111
2025
middle half of the sector
20242025
Equity
€75,656
▲ 22.9%
2025
middle half of the sector
20242025
Total assets
€207,829
▲ 0.6%
2025
middle half of the sector
20242025
Debt
€132,172
▼ 8.9%
2025
20242025
Working capital
€22,895
▲ 346%
2025
middle half of the sector
20242025
Solvency
36.4%
▲ 6.6pp
2025
middle half of the sector
20242025
Current ratio
1.37
▲ 0.27
2025
middle half of the sector
20242025
Return on assets (ROA)
6.8%
▲ 27.8pp
2025
middle half of the sector
20242025
Staff (FTE)
2.9
▼ 12.1%
2025
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20242025
Operating result-€32,431-€19,211
Net result-€43,455below the sector's middle half-€14,111within the sector's middle half
Equity€61,545within the sector's middle half-€75,656within the sector's middle half▲ 22.9%
Total assets€206,608within the sector's middle half-€207,829within the sector's middle half▲ 0.6%
Debt€145,063-€132,172▼ 8.9%
Working capital€5,134within the sector's middle half-€22,895within the sector's middle half▲ 346%
Solvency29.8%within the sector's middle half-36.4%within the sector's middle half▲ 6.6pp
Current ratio1.10within the sector's middle half-1.37within the sector's middle half▲ 0.27
Return on assets (ROA)-21.0%below the sector's middle half-6.8%within the sector's middle half▲ 27.8pp
Staff (FTE)3.3-2.9▼ 12.1%
above
within
below
The sector band is the middle half of the companies in Manufacture of food products (NACE 10). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a profit of €19,211, after a loss of €32,431 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €207,244
Fixed assets
€122,773 ▼ 17.2%
Current assets
€84,471 ▲ 46.7%
Equity and liabilities €207,829
Equity
€75,656 ▲ 22.9%
Debt
€132,172 ▼ 8.9%
Debt's share of the balance-sheet total falls from 70.2% to 63.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€49,119▲
2024 · -€967
Cash flow
€44,019▲
2024 · -€11,991
Quick ratio
1.15▲
2024 · 0.84
Debt to equity
1.75▼
2024 · 2.36
ROE
18.7%▲
2024 · -70.6%
Interest coverage
8.42▲
2024 · -0.09
Debt ≤ 1 year
€61,576▲
2024 · €52,442
Debt > 1 year
€70,596▼
2024 · €90,486
Staff costs
€116,043▼
2024 · €127,817
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2024 | 31-12-2025 |
|---|---|---|
| Employees at the balance-sheet date | 7 | 4 |
| full-time | 3 | 2 |
| part-time | 4 | 2 |
| in full-time equivalents | 4.5 | 2.8 |
| Average over the year, in full-time equivalents | 3.3 | 2.9 |
| On a permanent contract | 3 | 2 |
| Joined | 42 | 33 |
| Left | 0 | 36 |
| Training hours | - | 494 |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €149,381 | €2,015 |
| Intangible fixed assets | €30,000 | €2,219 |
| Financial fixed assets | - | €0 |
| Depreciation and write-downs of the year | €31,464 | €29,908 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €127,817 | €116,043 | ▼ 9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31,464 | €29,908 | ▼ 4.9% |
| Other operating charges640/8 | €124 | €4,870 | ▲ 39× |
| Gross operating margin9900 | €126,974 | €170,032 | ▲ 33.9% |
| Operating profit (loss)9901 | -€32,431 | €19,211 | - |
| Financial income75/76B | €66 | €735 | ▲ 11× |
| Recurring financial income75 | €66 | €735 | ▲ 11× |
| Financial charges65/66B | €11,091 | €5,835 | ▼ 47.4% |
| Recurring financial charges65 | €11,091 | €5,835 | ▼ 47.4% |
| Profit (loss) for the period before taxes9903 | -€43,455 | €14,111 | - |
| Profit (loss) for the period9904 | -€43,455 | €14,111 | - |
| Profit (loss) for the period to be appropriated9905 | -€43,455 | €14,111 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €206,608 | €207,829 | ▲ 0.6% |
| Formation expenses20 | €808 | €585 | ▼ 27.6% |
| Fixed assets21/28 | €148,224 | €122,773 | ▼ 17.2% |
| Intangible fixed assets21 | €25,879 | €24,912 | ▼ 3.7% |
| Tangible fixed assets22/27 | €122,345 | €97,862 | ▼ 20.0% |
| Plant, machinery and equipment23 | €38,221 | €28,195 | ▼ 26.2% |
| Furniture and vehicles24 | €2,220 | €1,347 | ▼ 39.3% |
| Leasing and similar rights25 | €26,585 | €20,001 | ▼ 24.8% |
| Other tangible fixed assets26 | €55,319 | €48,319 | ▼ 12.7% |
| Current assets29/58 | €57,576 | €84,471 | ▲ 46.7% |
| Stocks and contracts in progress3 | €13,561 | €13,900 | ▲ 2.5% |
| Stocks30/36 | €13,561 | €13,900 | ▲ 2.5% |
| Amounts receivable within one year40/41 | €20,539 | €46,314 | ▲ 125% |
| Trade receivables40 | €8,799 | €22,017 | ▲ 150% |
| Other amounts receivable41 | €11,740 | €24,297 | ▲ 107% |
| Cash at bank and in hand54/58 | €23,476 | €23,180 | ▼ 1.3% |
| Deferred charges and accrued income490/1 | - | €1,076 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €206,608 | €207,829 | ▲ 0.6% |
| Equity10/15 | €61,545 | €75,656 | ▲ 22.9% |
| Contributions10/11 | €105,000 | €105,000 | = |
| Profit (loss) carried forward14 | -€43,455 | -€29,344 | ▲ 32.5% |
| Amounts payable17/49 | €145,063 | €132,172 | ▼ 8.9% |
| Amounts payable after more than one year17 | €90,486 | €70,596 | ▼ 22.0% |
| Financial debts170/4 | €90,486 | €70,596 | ▼ 22.0% |
| Amounts payable within one year42/48 | €52,442 | €61,576 | ▲ 17.4% |
| Current portion of amounts payable after more than one year42 | €12,044 | €16,624 | ▲ 38.0% |
| Trade debts44 | €18,933 | €39,125 | ▲ 107% |
| Suppliers440/4 | €18,933 | €39,125 | ▲ 107% |
| Taxes, remuneration and social security45 | €21,465 | €5,827 | ▼ 72.9% |
| Taxes450/3 | €538 | €166 | ▼ 69.2% |
| Remuneration and social security454/9 | €20,927 | €5,661 | ▼ 72.9% |
| Accrued charges and deferred income492/3 | €2,135 | €0 | ▼ 100% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€43,455 | €14,111 | - |
| + Depreciation and write-downs630 | €31,464 | €29,908 | ▼ 4.9% |
| Operating cash flow (approximation) | -€11,991 | €44,019 | - |
| Investment in fixed assets (approximation) | - | -€4,457 | - |
| Change in cash | - | -€295 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as Pépite Concept has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.8%
was still going
2.3%
stopped otherwise
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Pépite Concept itself is higher: 4.1% within 12 months. It rests on far more data about Pépite Concept than the profile alone.
Test of the method
The method was tested on the 497,446 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 39,278 companies, not a prediction for Pépite Concept. 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.
Board & ownership
Directors
Directors
2 directors, no change since 2023
Current
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Lorsque la société est administrée par plusieurs administrateurs et sauf organisation par l’assemblée générale d’un organe d’administration…”
deed of 21-08-2023Owners and capital
Shareholders
At incorporation
act of 21-08-2023 ↗
- OTHOMENE Julien Patrick founder
- KLUYSKENS Aurélie Marie-Paule founder
- FOCANT Anne Yvonne founder
- KLUYSKENS Frédéric Charles founder
- PIRSON Vincent Pierre founder
Capital transactions
Capital over time
- 21-08-2023 Incorporation · €105,000 · 12 shares
Mandate history
2 people, 2 in office
- Board
| Name | Functions and periods |
|---|---|
| KLUYSKENS Aurélie Marie-Paule |
|
| OTHOMENE Julien Patrick |
|
Network & group
Pépite Concept shares no director with another company.
Companies at the same address
2 other companiesConnections & network
2 current directorsThe network starts from the directors of Pépite Concept. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
31-08
micro format · 31 days late
2025
31-12
Financial
Back to profitnet €14,111
The net result is €14,111, after one loss-making year.
29-09
micro format · 60 days late
2023
21-08
Gazette deed
IncorporationStarting capital €105,000 · Appointments: KLUYSKENS Aurélie Marie-Paule (director) and OTHOMENE Julien Patrick (director) · Founder13 points ▸
Gazette deed
Incorporation
Starting capital €105,000 · Appointments: KLUYSKENS Aurélie Marie-Paule (director) and OTHOMENE Julien Patrick (director) · Founder13 points ▸
- Incorporation, “Pépite Concept” (deed in French)
- Founder, OTHOMENE Julien Patrick
- Founder, KLUYSKENS Aurélie Marie-Paule
- Founder, FOCANT Anne Yvonne
- Founder, KLUYSKENS Frédéric Charles
- Founder, PIRSON Vincent Pierre
- Founding capital, €105,000
- Other provision, “prise effet décisions comparants, article 2:6 Code des sociétés et des associations” (deed in French)
- Director appointment, KLUYSKENS Aurélie Marie-Paule (director)
- Director appointment, OTHOMENE Julien Patrick (director)
- Board rule, “convention d’actionnaire” (deed in French)
- Pre-incorporation commitments, “takeover, actes|opérations|facturations au nom société en formation par eux-mêmes ou préposés” (deed in French)
- The act holds 1 more point.
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
Pépite Concept in French
Enterprise number
0804.860.270
Legal form
Private limited company
Status
Active, normale toestand
Founded
17-08-2023
Entity type
Legal entity
Name clauseThe company operates under this name according to its articles.
Pépite Concept
deed of 21-08-2023 (in French)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Rue Jean Chapelié 4 : 1050 Ixelles, Région de Bruxelles-Capitale”
deed of 21-08-2023 (in French)Registered office and establishments
Registered office
Jean Chapeliéstraat 4, 1050 Elsene, Belgium
Establishment unit
Julien Othomene Pâtisserie, Jean Chapeliéstraat 4, 1050 Elsene since 17-08-2023 · unit number 2.348.822.732
E-mail
othomene.julien@gmail.com
Phone
+32491872063
Activities
NACEBEL 2025VAT activities
10712
Artisanal bread and fresh pastry making main activity
47241
Retail sale of bread and pastry (bakery outlets)
56112
Limited-service restaurants, excluding mobile food services
56210
Event catering
77392
Rental and leasing activities
82300
Organisation of conventions and trade shows
Social security (RSZ) activities
56112
Limited-service restaurants, excluding mobile food services main activity
Codes under NACEBEL 2008
VAT activities
10712
Artisanal bread and fresh pastry making main activity
47241
Retail trade
56102
Limited-service restaurants
56210
Catering
77392
Rental and leasing activities
82300
Organisation of conventions and trade shows
Social security (RSZ) activities
56102
Limited-service restaurants main activity
Joint committee
302 Paritair Comité voor het hotelbedrijf annual accounts 2025
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 21-08-2023 (in French)
“L’exploitation d’une boulangerie/pâtisserie, et salon de consommation, ainsi que la vente, l’achat, l’import, l’export, la distribution, la…”
2 activities
- L’exploitation d’une boulangerie/pâtisserie, et salon de consommation, ainsi que la vente, l’achat, l’import, l’export, la distribution, la commercialisation, la fabrication, la conception, la préparation, et le commerce en général de tous produits ayant un rapport avec la boulangerie, la boulangerie de banquet, les biscuits, les tartes, les pralines, les sucreries, et tous produits alimentaires au sens le plus large.
- L'organisation d'un commerce de restauration en ce compris la tenue de débits de boissons et le service traiteur, de plats à emporter, la vente de glaces, crêperie, friterie, sandwicherie, snacks, et petite restauration, l'organisation de festivités diverses, la location de salles pour banquets et la tenue de plaines de jeux ainsi que la fabrication artisanale ou industrielle et la distribution et la livraison, d'aliments sous vide ou non.
Invoicing and payment
VAT number
BE 0804.860.270
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Tuesday of June at 18:00
deed of 21-08-2023 (in French)Recognitions · licences · registrations
Food safety, FASFC
1 siteElseneunit number 2.348.822.732
Sites & property
Location
Buildings and parcels at the address
Ground area
111 m²
Building footprint
109 m²
Building volume
1,351 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21447B0342/00R003 | Brussels | 111 m² | 1 · 109 m² | 18.8 m · 5 |