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Rechter Backstube

Active
Private limited companyfounded 2013active for 13 yearsZur Kaiserbaracke,Recht 25, 4780 Sankt Vith, BelgiumKBO/BCE: BE 0521.925.227
Summary

Rechter Backstube has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70,522 and a net result of €25,939. Equity is shrinking by about 12% per year across the filed financial years. Its solvency ranks better than 15% of 5,027 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Overview

Activity
Retail sale of bread and pastry (bakery outlets)
NACE 47241Artisanal bread and fresh pastry making NACE 10712
8th largest employer in Saint-Vith, Wholesale and retail trade sector2 sites
Size
≈ €4.5mturnover 2025, estimated
Staff
18.2 FTE
Equity
€70,522
Profit
€25,939
Turnover estimated from the gross margin
Financial health
64 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.3%
Structure
2025 accounts 7 days early1 of 5 deeds summarised
Why 64raises riskEquity €70,522 (4.2% of total assets)Size: 18.2 FTE, total assets €1.7mLiquidity: current ratio 0.26, cash €49,640lowers riskFounded in 2013Show the evidence

Checked score

Score 2025
64 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 50% of its sector peers (NACE 47, small)
Financial strength · tick = 2024
Average
Solvency 29+1
equity 4.2% of total assets
Liquidity 41=
short-term debt 30.2% · cash 3.0%
Profitability 68+4
return on assets 1.5%
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,694 companies, NACE 47, small)
Last 24 months 11-2024: 1.7% 12-2024: 1.7%● unchanged vs 11-2024 01-2025: 1.7%● unchanged vs 12-2024 02-2025: 1.7%● unchanged vs 01-2025 03-2025: 1.7%● unchanged vs 02-2025 04-2025: 1.3%▼ -0.4 percentage points vs 03-2025 05-2025: 1.3%● unchanged vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.3%● unchanged vs 06-2025 08-2025: 1.3%● unchanged vs 07-2025 09-2025: 1.3%● unchanged vs 08-2025 10-2025: 1.3%● unchanged vs 09-2025 11-2025: 1.4%▲ +0.1 percentage points vs 10-2025 12-2025: 1.4%● unchanged vs 11-2025 01-2026: 1.4%● unchanged vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026 04-2026: 1.8%▲ +0.4 percentage points vs 03-2026highest value 05-2026: 1.3%▼ -0.5 percentage points vs 04-2026lowest value 06-2026: 1.3%● unchanged vs 05-2026lowest value 07-2026: 1.3%● unchanged vs 06-2026lowest value 08-2026: 1.3%● unchanged vs 07-2026lowest value 09-2026: 1.3%● unchanged vs 08-2026lowest value 10-2026: 1.3%● unchanged vs 09-2026lowest value
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.26, compared with 0.25 in 2024, below 1; short-term debt: 30.2% and cash: 3% of total assets), and 95.8% 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 47, small): better than 15% on solvency, 46% on liquidity, 51% on profitability and 88% on growth.

The bankruptcy probability was computed on 29-10-2026 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

Seven signals.
lowers riskraises riskneutral
raises risk · Equity €70,522 (4.2% of total assets)
NBB · annual accounts
raises risk · Size: 18.2 FTE, total assets €1.7m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 2013
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 0.26, cash €49,640
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 5027 sector peers (2025).
NBB · sector comparison
Position among 5027 sector peers
Solvency
better than 15%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €70,522
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-04-2026, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
7 days early
2024
30 days early
2023
39 days early
2022
3 days early
2021
31 days early
2020
22 days early
2019
30 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 23 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 31 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end30-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Back to profitnet €11,351

Key points

  • Caution: Among the weakest 16% on solvencysector median 36.1% · 5,027 companies 4.2% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • One director decidessole director in office 1 View

By topic

Financials

Financial year
2025
Total assets
€1.7m
Profit
€25,939
Solvency
4.2%
Total assets▼ 6.1%
Net result
20192025
Go to Financials

Timeline

Events
18
Since
2015
Next accounts
by 30-04-2027
  1. 22-03-2024Annual accounts filed
  2. 30-09-2023Weakest financial year
  3. 22-06-2023Resignation: THEIS Jochen (verwalter)
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Retail sale of bread and pastry (bakery outlets)NACE 47241
Founded
11-03-2013
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
28
Purpose
“Herstellung von Back- und Konditoreiwaren und Fertiggerichten; An- und Verkauf,Groß- und…” (deed in German)
Go to Articles of association

Key facts about Rechter Backstube

What is the company number of Rechter Backstube?
0521.925.227. In Belgium the VAT number is the company number with BE in front: BE 0521.925.227.
Where is Rechter Backstube based?
The registered office is at Zur Kaiserbaracke,Recht 25, 4780 Sankt Vith.Company details
What does Rechter Backstube 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 Rechter Backstube?
Private limited company (BV).
When was Rechter Backstube founded?
On 11-03-2013.
Is Rechter Backstube still active?
Yes, Rechter Backstube is an active enterprise in the KBO register.
How many employees does Rechter Backstube have?
On average 18.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Rechter Backstube?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Rechter Backstube profitable?
In financial year 2025, Rechter Backstube made a profit of €25,939.
Where can I find the annual accounts of Rechter Backstube?
Rechter Backstube filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Rechter Backstube due?
By 30-04-2027, for financial year 2026.Timeline

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