Equity
€656,700 ▲ 7.9%
Produsim paid out €100,000 in dividends. That is 67% of the 2026 profit.
Produsim
Lifetime
10 annual accounts with figures on one time axispeak €312,115 (2024)
€268,432▲ 45.8%
peak €179,242 (2024)
€148,342▲ 94.5%
peak €656,700 (2026)
€656,700▲ 7.9%
€518,542▼ 6.2%
peak 1.7 FTE (2020)
0 FTE
Board1 name since 2015
1 directorSchoonvaere Simon
Documentsfilings and deeds
30-10-20261 day before the deadline
2026abbreviated format
Gross margin from €184,055 to €268,432Result from €76,286 to €148,342Dividend €100,000Cash from €27,907 to €77,806
Key points
from the 2026 annual accountsChecked score
96
Excellent
Financially stronger than 65% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.1%▼ -0.1 percentage points vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.2%▲ +0.1 percentage points vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.3%▲ +0.1 percentage points vs 09-2025highest value
11-2025: 0.2%▼ -0.1 percentage points vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.1%▼ -0.1 percentage points vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Retail trade (NACE 47)
lowers risk
Size: total assets €1.2m
Figures for financial year 2026 (filed on 30-10-2026)
Founded in 2015
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 47, micro). It does better than 69% of them on solvency, 56% on liquidity, 78% on profitability and 57% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 17,811 companies had the same profile as Produsim has now. Each dot stands for 45 companies, two years later.
96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
That fits the bankruptcy probability of Produsim itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 17,811 companies, not a prediction for Produsim. 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.
Credit verdict
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.45 (0.22 in 2025), below 1. Short-term debt is 21% and cash 6.6% of total assets. 44.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 30-10-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
1 day early
2025
3 days early
2024
1 day early
2023
on the day
2022
3 days early
2021
2 days early
2020
30 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 3 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 30 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-03-2027 year end31-10-2027 deadline
Board and ownership
- Simon SCHOONVAERE 186 sharesdeed of 05-11-2021
Shares in 1 company, SCHOONVAERE
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0635965355
Merger: Produsim takes over DEWULF-SCHOONVAERE
Capital increase of €226,654.86 · 247 new shares · Change of role: Schoonvaere Simon, from statutory manager to statutory director · General meeting of 27-12-2021 · Gazette deed
Merger proposal: Produsim takes over DEWULF-SCHOONVAERE
Simon SCHOONVAERE holds 186 shares · Simon SCHOONVAERE holds 620 shares · General meeting of 22-12-2011 · Gazette deed
Merger proposal: Produsim takes over DEWULF-SCHOONVAERE
Simon SCHOONVAERE holds all the shares · General meeting of 2011 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Produsim Torhout | €1.2m | €268,432 | 55.3% | 0 |
| IMMO STEPHAN DESTROOPER Koksijde | €3.4m | €310,323 | 19.3% | 0 |
| Mac Ped Woluwe-Saint-Pierre | €1.3m | €219,375 | 10.4% | 1.2 |
| AU PECHE MIGNON Theux | €1.1m | €223,785 | 7.3% | - |
| TARTAN Wichelen | €1.5m | €267,581 | 1.5% | - |
| TRANSPARENCE Paliseul | €0.8m | €274,774 | -11.8% | - |
| bakkerij theunis Heusden-Zolder | €1.2m | €398,362 | 19.8% | - |
These companies have the same main activity as Produsim: retail sale of bread and pastry (bakery outlets) (NACE 47241). They are comparable in size and age: total assets between €827,000 and €3.4m, founded between 2008 and 2017.
Official details
Source: KBO- Status
- Active since 02-09-2015Normal situation
- Activity
- Retail sale of bread and pastry (bakery outlets)NACE 47241and 2 others
- Establishment unit
- 2.245.998.4758820 Torhout, since 02-09-2015
- Financial year end
- 31 March
- Peppol
- Reachable since 09-05-2025
Annual accounts to 31-03-2026
- ≈ €1.2mestimated
- €1.2m▲ 1.2%
- Filing
- Filed on 30-10-2026, 1 day before the end of the filing period
Insights on Produsim
Produsim files the abbreviated format. That format states no turnover. The gross margin rose from €78,895 in 2017 to €268,432 in 2026.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Produsim
- What is the company number of Produsim?
- The company number of Produsim is 0635.965.355. The VAT number is the same number with BE in front: BE 0635.965.355.
- Where is Produsim based?
- The registered office is at Oostendestraat 52, 8820 Torhout.Company details
- What does Produsim do?
- According to the KBO register, the main activity is retail sale of bread and pastry (bakery outlets) (NACE 47241).
- What is the legal form of Produsim?
- Produsim is a private limited company (BV).
- When was Produsim founded?
- Produsim was founded on 02-09-2015.
- Is Produsim still active?
- Yes, Produsim is an active enterprise in the KBO register.
- How many employees does Produsim have?
- Produsim had an average of 1.7 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
- What is the turnover of Produsim?
- The turnover in financial year 2026 is ≈ €1.2m. This figure is estimated from the gross margin of €268,432 and 48 comparable companies (NACE 472). It probably lies between €790,000 and €1.8m.
- Is Produsim profitable?
- In financial year 2026, Produsim made a profit of €148,342.
- Where can I find the annual accounts of Produsim?
- Produsim filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of Produsim due?
- Produsim must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
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