RIDDER & HOVE
ActiveRIDDER & HOVE has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €174k and a net result of €67k. Equity is growing by ~39.9% per year across the filed fiscal years. Its solvency ranks better than 60% of 18016 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
69
/ 100
Healthy▲ +16 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency68▲+28
Growth63=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity short (current ratio 1.0 against 0.7 in 2024), and 54.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
45.7%
Return on assets
17.4%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
18 d late
2023
on the day
2022
on the day
2021
on the day
2020
2 d early
2019
121 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close14-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€576k▲ 0.3%
2020 · €575k
2019: €574k
2020: €575k
2019 → 2021
EBIT margin
7.1%▲ 2.9pp
2020 · 4.2%
2019: 2.7%
2020: 4.2%
2019 → 2021
Net result
€67k▲ 91.4%
2024 · €35k
2019: €-9k
2020: €3k
2021: €21k
2022: €18k
2023: €36k
2024: €35k
2019 → 2025
Working capital
€-578▲ 98.7%
2024 · €-44k
2019: €-50k
2020: €-70k
2021: €-70k
2022: €-78k
2023: €-57k
2024: €-44k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€576k-
Equity€48k-€64k▲ 34.8%€90k▲ 39.9%€118k▲ 31.0%€174k▲ 47.6%
Operating result€41k-€41k▼ 0.3%€63k▲ 55.0%€63k▼ 0.1%€101k▲ 61.3%
Net result€21k-€18k▼ 14.1%€36k▲ 96.5%€35k▼ 3.1%€67k▲ 91.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 61% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €382k
Fixed assets
€231k▼ 21.5%
Current assets
€150k▲ 44.9%
Equity and liabilities €382k
Equity
€174k▲ 47.6%
Debt
€207k▼ 26.0%
The debt ratio falls from 70.3% to 54.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€170k▲
2024 · €132k
Cash flow
€135k▲
2024 · €104k
Solvency
45.7%▲
2024 · 29.7%
Current ratio
1.00▲
2024 · 0.70
Quick ratio
0.82▲
2024 · 0.47
Debt / equity
1.19▼
2024 · 2.37
ROE
38.2%▲
2024 · 29.4%
ROA
17.4%▲
2024 · 8.7%
Interest coverage
17.99▲
2024 · 10.44
Debt
€207k▼
2024 · €280k
Debt ≤ 1 year
€151k▲
2024 · €147k
Debt > 1 year
€56k▼
2024 · €132k
Income taxes
€26k▲
2024 · €15k
Staff costs
€239k▼
2024 · €239k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€398k€382k▼
Fixed assets21/28€295k€231k▼
Tangible fixed assets22/27€295k€231k▼
Land and buildings22€158k€128k▼
Plant, machinery and equipment23€133k€99k▼
Furniture and vehicles24€5k€4k▼
Current assets29/58€104k€150k▲
Stocks and contracts in progress3€35k€26k▼
Stocks30/36€35k€26k▼
Amounts receivable within one year40/41€804€2k▲
Other amounts receivable41€804€2k▲
Current investments50/53-€47k
Cash at bank and in hand54/58€63k€68k▲
Deferred charges and accrued income490/1€4k€8k▲
Equity and liabilities
Total equity and liabilities10/49€398k€382k▼
Equity10/15€118k€174k▲
Contributions10/11€12k€12k=
Revaluation surpluses12€50k€50k=
Reserves13€56k€112k▲
Distributable reserves133€56k€112k▲
Amounts payable17/49€280k€207k▼
Amounts payable after more than one year17€132k€56k▼
Financial debts170/4€131k€55k▼
Other amounts payable178/9€946€946=
Amounts payable within one year42/48€147k€151k▲
Current portion of amounts payable after more than one year42€78k€76k▼
Trade debts44€22k€26k▲
Suppliers440/4€22k€26k▲
Taxes, remuneration and social security45€25k€21k▼
Taxes450/3€4k€3k▼
Remuneration and social security454/9€21k€17k▼
Other amounts payable47/48€22k€28k▲
Accrued charges and deferred income492/3€664€714▲
Income statement
Code20242025
Remuneration, social security and pensions62€239k€239k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€70k€69k▼
Other operating charges640/8€4k€6k▲
Gross operating margin9900€375k€414k▲
Operating profit (loss)9901€63k€101k▲
Financial income75/76B€180€1k▲
Recurring financial income75€180€1k▲
Financial charges65/66B€13k€9k▼
Recurring financial charges65€13k€9k▼
Profit (loss) for the period before taxes9903€50k€93k▲
Income taxes67/77€15k€26k▲
Profit (loss) for the period9904€35k€67k▲
Profit (loss) for the period to be appropriated9905€35k€67k▲
Appropriation of the result
Profit (loss) to be appropriated9906€35k€67k▲
Transfer from equity791/2-€2k
Transfer to equity691/2€28k€58k▲
To other reserves6921€28k€58k▲
Profit to be distributed694/7€7k€10k▲
Return on contributions (dividend)694€3k€3k=
Directors or managers695€4k€7k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €67k ▲91.4%
Operating result €101k, net result €67k, both a record.
30-06
Financial
Equity above €150kEq €174k ▲47.6%
6 profitable years in a row build equity to €174k.
18-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
30-06
Financial
Equity above €100kEq €118k ▲31%
5 profitable years in a row build equity to €118k.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
2019
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
21-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
02-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
23-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 2002
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Voorstraat(Kor) 78500 KortrijkGround area
251 m²
Building footprint
203 m²
Volume, LiDAR
1,441 m³
Parcel 34353H0473/00F000, Flanders · tallest building 14.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RIDDER & HOVE
since 20022.096.250.271
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353H0473/00F000 | Flanders | 251 m² | 1 · 203 m² | 14.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKortrijk2.096.250.271
Similar companies · same sector, comparable size
Pâtisserie Wittamer et Co
BE 0402.838.921
Brussel · Eq €174k
WARI
BE 0644.908.656
Kortrijk · Eq €174k
COOPERSERVICE
BE 0834.349.260
Anderlecht · Eq €175k
PATINOVA
BE 0873.447.089
Merelbeke-Melle · Eq €174k
BAKKERIJ ALLEMEERSCH
BE 0421.648.013
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Of 4,200 companies in sector 10712 we hold annual accounts for 1,851. 1,539 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-05-2002
Fiscal year end30-06
Activities, NACEBEL
10712Artisanal bread and fresh pastry making
15812
47241Retail sale of bread and pastry (bakery outlets)
52240
55302
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.