SWEETS & CAKES
Open bankruptcyA bankruptcy procedure is open for SWEETS & CAKES according to publications in the Belgian State Gazette; curator: PATRICK SCHRUERS. The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €94k and a net result of €15k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 04-09-2024, 35 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
35 d late
2022
144 d late
2020
41 d late
2019
122 d late
2018
30 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2023, micro schema
Equity
€94k▲ 18.3%
2022 · €80k
2018: €5k
2019: €21k
2020: €43k
2022: €80k
2018 → 2023
Total assets
€267k▲ 20.3%
2022 · €222k
2018: €146k
2019: €108k
2020: €149k
2022: €222k
2018 → 2023
Net result
€15k▼ 37.8%
2022 · €23k
2018: €7k
2019: €16k
2020: €22k
2022: €23k
2018 → 2023
Working capital
€44k▲ 310%
2022 · €11k
2018: €-34k
2019: €-7k
2020: €25k
2022: €11k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020222023Trend
Equity€5k-€21k▲ 318%€43k▲ 108%€80k▲ 84.4%€94k▲ 18.3%
Operating result€9k-€19k▲ 123%€26k▲ 33.9%€37k▲ 43.0%€34k▼ 7.3%
Net result€7k-€16k▲ 117%€22k▲ 42.3%€23k▲ 4.5%€15k▼ 37.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 7% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €267k
Fixed assets
€100k▼ 15.8%
Current assets
€167k▲ 61.8%
Equity and liabilities €267k
Equity
€94k▲ 18.3%
Debt
€173k▲ 21.3%
The debt ratio rises from 64.1% to 64.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€53k▲
2022 · €44k
Cash flow
€33k▲
2022 · €30k
Solvency
35.3%▼
2022 · 35.9%
Current ratio
1.36▲
2022 · 1.12
Quick ratio
1.31▲
2022 · 1.00
Debt / equity
1.83▲
2022 · 1.78
ROE
15.5%▼
2022 · 29.5%
ROA
5.5%▼
2022 · 10.6%
Interest coverage
2.94▲
2022 · 2.76
Debt
€173k▲
2022 · €142k
Debt ≤ 1 year
€123k▲
2022 · €92k
Debt > 1 year
€50k=
2022 · €50k
Income taxes
€1k
Staff costs
€88k▼
2022 · €113k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€222k€267k▲
Fixed assets21/28€119k€100k▼
Intangible fixed assets21€115k€98k▼
Tangible fixed assets22/27€2k-
Plant, machinery and equipment23€2k-
Furniture and vehicles24€1-
Other tangible fixed assets26€0-
Financial fixed assets28€2k€2k=
Current assets29/58€103k€167k▲
Stocks and contracts in progress3€11k€6k▼
Stocks30/36€11k€6k▼
Amounts receivable within one year40/41€72k€156k▲
Trade receivables40€33k€110k▲
Other amounts receivable41€39k€46k▲
Cash at bank and in hand54/58€20k€5k▼
Deferred charges and accrued income490/1€101-
Equity and liabilities
Total equity and liabilities10/49€222k€267k▲
Equity10/15€80k€94k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€59k€74k▲
Amounts payable17/49€142k€173k▲
Amounts payable after more than one year17€50k€50k=
Financial debts170/4€50k€50k=
Amounts payable within one year42/48€92k€123k▲
Trade debts44€19k€27k▲
Suppliers440/4€19k€27k▲
Taxes, remuneration and social security45€73k€96k▲
Taxes450/3€7k€19k▲
Remuneration and social security454/9€66k€77k▲
Income statement
Code20222023
Remuneration, social security and pensions62€113k€88k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€19k▲
Other operating charges640/8€4k€4k▼
Gross operating margin9900€161k€144k▼
Operating profit (loss)9901€37k€34k▼
Financial income75/76B€2k€8▼
Recurring financial income75€2k€8▼
Financial charges65/66B€16k€18k▲
Recurring financial charges65€16k€18k▲
Non-recurring financial charges66B-€323
Profit (loss) for the period before taxes9903€23k€16k▼
Income taxes67/77-€1k
Profit (loss) for the period9904€23k€15k▼
Profit (loss) for the period to be appropriated9905€23k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€59k€74k▲
Profit (loss) brought forward from the previous period14P€36k€59k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
06-07
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · SWEETS & CAKES BV DEMAE- GHTLAAN (AUGUSTE) 227, 1500 HALLE · event 30-06-2026
2025
20-06
KBO administration
Address struck
2024
04-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 35 days late
2023
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 144 days late
2022
31-12
Financial
Highest result since 2018net €23k ▲4.5%
Operating result €37k, net result €23k, both a record.
2021
10-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 41 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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
1 establishment unit since 2016
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.
1 establishment unit
Establishment
since 20162.257.965.703
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PATRICK SCHRUERS LUCHTHAVENLAAN 27, BUS 38,
1800 VILVOORDE |
30-06-2026 → present |
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Of 3,827 companies in sector 47210 we hold annual accounts for 966. 787 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded14-09-2016
Fiscal year end31-12
Activities, NACEBEL
47210Retail sale of fruit and vegetables
47810Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filings
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.