't Bakhuis
Active't Bakhuis has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €83k. Equity is shrinking by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 24% of 1538 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability94▼-5
Solvency30=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.72 against 0.54 in 2024; short-term debt: 69.7% and cash: 37.1% of total assets), and 95.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 · 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
4.6%
Return on assets
20.6%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 1538 sector peers (2025).
NBB · sector comparisonPosition among 1538 sector peers
Solvency
better than 24%
← weakest
strongest →
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 15-04-2026, 15 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
15 d early
2024
12 d early
2023
33 d early
2022
33 d early
2021
34 d early
2020
2 d late
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€19k=
2024 · €19k
2019: €-12k
2020: €31k
2021: €92k
2022: €45k
2023: €22k
2024: €19k
2019 → 2025
Total assets
€405k▲ 0.7%
2024 · €402k
2019: €287k
2020: €339k
2021: €455k
2022: €510k
2023: €402k
2024: €402k
2019 → 2025
Net result
€83k▼ 15.0%
2024 · €98k
2019: €-19k
2020: €44k
2021: €61k
2022: €41k
2023: €82k
2024: €98k
2019 → 2025
Working capital
€-80k▲ 26.2%
2024 · €-108k
2019: €-3k
2020: €29k
2021: €55k
2022: €-21k
2023: €-59k
2024: €-108k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€92k-€45k▼ 51.1%€22k▼ 51.7%€19k▼ 14.2%€19k=
Operating result€80k-€61k▼ 23.3%€111k▲ 81.5%€131k▲ 17.8%€115k▼ 12.2%
Net result€61k-€41k▼ 32.8%€82k▲ 101%€98k▲ 19.7%€83k▼ 15.0%
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 2025; 2025 is 12% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €405k
Fixed assets
€203k▼ 25.7%
Current assets
€202k▲ 56.5%
Equity and liabilities €405k
Equity
€19k=
Debt
€386k▲ 0.7%
The debt ratio stays at 95.4%.
Key figures and ratios
EBITDA
€185k▼
2024 · €190k
Cash flow
€153k▼
2024 · €157k
Solvency
4.6%▼
2024 · 4.6%
Current ratio
0.72▲
2024 · 0.54
Quick ratio
0.60▲
2024 · 0.45
Debt / equity
20.75▲
2024 · 20.60
ROE
447.4%▼
2024 · 526.2%
ROA
20.6%▼
2024 · 24.4%
Interest coverage
25.75▼
2024 · 38.49
Debt
€386k▲
2024 · €383k
Debt ≤ 1 year
€282k▲
2024 · €237k
Debt > 1 year
€104k▼
2024 · €146k
Income taxes
€25k▼
2024 · €28k
Staff costs
€246k▲
2024 · €205k
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€402k€405k▲
Fixed assets21/28€273k€203k▼
Tangible fixed assets22/27€273k€203k▼
Land and buildings22€57k€50k▼
Plant, machinery and equipment23€94k€58k▼
Furniture and vehicles24€97k€73k▼
Other tangible fixed assets26€25k€22k▼
Financial fixed assets28€0-
Current assets29/58€129k€202k▲
Stocks and contracts in progress3€22k€34k▲
Stocks30/36€22k€34k▲
Amounts receivable within one year40/41€21k€16k▼
Trade receivables40€10k€12k▲
Other amounts receivable41€11k€4k▼
Cash at bank and in hand54/58€84k€150k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€402k€405k▲
Equity10/15€19k€19k=
Contributions10/11€19k€19k=
Profit (loss) carried forward14€0€0=
Amounts payable17/49€383k€386k▲
Amounts payable after more than one year17€146k€104k▼
Financial debts170/4€146k€104k▼
Amounts payable within one year42/48€237k€282k▲
Current portion of amounts payable after more than one year42€74k€42k▼
Trade debts44€28k€25k▼
Suppliers440/4€28k€25k▼
Taxes, remuneration and social security45€34k€46k▲
Taxes450/3€9k€15k▲
Remuneration and social security454/9€25k€31k▲
Other amounts payable47/48€101k€169k▲
Accrued charges and deferred income492/3€60€165▲
Income statement
Code20242025
Non-recurring operating income76A€9k€0▼
Remuneration, social security and pensions62€205k€246k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€60k€70k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€397k€433k▲
Operating profit (loss)9901€131k€115k▼
Financial income75/76B€343€324▼
Recurring financial income75€343€324▼
Financial charges65/66B€5k€7k▲
Recurring financial charges65€5k€7k▲
Profit (loss) for the period before taxes9903€126k€108k▼
Income taxes67/77€28k€25k▼
Profit (loss) for the period9904€98k€83k▼
Profit (loss) for the period to be appropriated9905€98k€83k▼
Appropriation of the result
Profit (loss) to be appropriated9906€101k€83k▼
Profit (loss) brought forward from the previous period14P€3k€0▼
Profit to be distributed694/7€101k€83k▼
Return on contributions (dividend)694€101k€83k▼
The notes to these accounts (6 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
15-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2019net €98k ▲19.7%
Operating result €131k, net result €98k, both a record.
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
31-08
Financial
Back to profitnet €44k
Net result €44k after one loss-making year.
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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
Registered office, Lille · 2 establishment units since 2017
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.
Eikenlaan 542275 LilleGround area
1,293 m²
Building footprint
295 m²
Volume, LiDAR
1,254 m³
2 parcels, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
't Bakhuis
since 20172.268.959.563
't Bakhuis
since 20182.274.928.726
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13019E0435/00A000 | Flanders | 1,119 m² | 1 · 121 m² | 8.3 m · 2 fl. |
| 13019E0730/00G000 | Flanders | 174 m² | 1 · 174 m² | 4.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 siteLille2.274.928.726
Similar companies · same sector, comparable size
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Uyttersprot - Thielens
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Of 4,227 companies in sector 10712 we hold annual accounts for 1,870. 1,217 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-09-2017
Fiscal year end30-09
Activities, NACEBEL
10712Artisanal bread and fresh pastry making
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.