THAYD BREAD
ActiveSummary
THAYD BREAD has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4,237 and a net result of €1,237. Its solvency ranks better than 25% of 22,679 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Overview
- Staff
- 8.3 FTE
- Equity
- €4,237
- Profit
- €1,237
Why 63raises riskFounded in 2025Equity €4,237 (3.7% of total assets)Sector: Retail trade (NACE 47)lowers riskLiquidity: current ratio 0.87, cash €43,274Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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, micro): better than 22% on solvency, 47% on liquidity and 26% on profitability.
The bankruptcy probability was computed on 30-10-2026 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: DIAKOU Hélène (director) ·…
Financials · financial year 2025, micro format
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Peer companies
Historical observationOf the 514 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96.9% are still going.
- Micro
- under 2 years old
- solvency under 10%
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 514 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2025 |
|---|---|
| Remuneration, social security and pensions62 | €292,351 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,445 |
| Gross operating margin9900 | €317,457 |
| Operating profit (loss)9901 | €21,661 |
| Financial charges65/66B | €17,614 |
| Recurring financial charges65 | €17,614 |
| Profit (loss) for the period before taxes9903 | €4,047 |
| Income taxes67/77 | €2,810 |
| Profit (loss) for the period9904 | €1,237 |
| Profit (loss) for the period to be appropriated9905 | €1,237 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €114,290 | |
| Fixed assets21/28 | €18,227 | |
| Intangible fixed assets21 | €16,641 | |
| Tangible fixed assets22/27 | €1,586 | |
| Furniture and vehicles24 | €1,586 | |
| Current assets29/58 | €96,063 | |
| Stocks and contracts in progress3 | €10,624 | |
| Stocks30/36 | €10,624 | |
| Amounts receivable within one year40/41 | €22,537 | |
| Trade receivables40 | €20,627 | |
| Other amounts receivable41 | €1,909 | |
| Cash at bank and in hand54/58 | €43,274 | |
| Deferred charges and accrued income490/1 | €19,628 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €114,290 | |
| Equity10/15 | €4,237 | |
| Contributions10/11 | €3,000 | |
| Profit (loss) carried forward14 | €1,237 | |
| Amounts payable17/49 | €110,053 | |
| Amounts payable within one year42/48 | €110,053 | |
| Trade debts44 | €87,717 | |
| Suppliers440/4 | €87,717 | |
| Taxes, remuneration and social security45 | €22,335 | |
| Taxes450/3 | €2,810 | |
| Remuneration and social security454/9 | €19,526 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €1,237 |
| + Depreciation and write-downs630 | €3,445 |
| Operating cash flow (approximation) | €4,683 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 29-04-2026 | 2026-00103688 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DIAKOU Hélène |
|
Owners and capital
Owners
1 ownerChain of control
- DB GROUP
- THAYD BREAD
Highest known parent: DB GROUP. The sources do not say who stands above it.
Owners 1
- DB GROUPparentSourceaccounts DB GROUP 2025100%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- DB GROUP 100 shares (100%) · €3,000 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 08-01-2025 Incorporation · €3,000 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
08-01
Gazette deed
IncorporationAppointment: DIAKOU Hélène (director) · Permanent representative: DIAKOU Hélène · Registered office clause10 facts ▸
- Registered office clause, “1000 Bruxelles, Avenue du Port 86 C” (deed in French)
- Board rule, 1
- Director appointment, DIAKOU Hélène (director (not named in the articles))
- Permanent representative, DIAKOU Hélène
- Pre-incorporation commitments, “takeover, tous les engagements ainsi que les obligations qui en résultent et toutes les activités entreprises au nom et pour compte de la société en formation” (deed in French)
- Incorporation, 27-12-2024
- Founder, DB GROUP
- Founding capital, €3,000
- Other provision, “arrêt des statuts, II.STATUTS” (deed in French)
- Capital
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21814P0141/00A002 | Brussels | 1.1 ha | 1 · 1.1 ha | 34.6 m · 7 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- THAYD BREAD
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, sièges administratifs,agences,ateliers,dépôts et succursales,tant en Belgique qu'à l'étranger” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, personnes physiques ou morales,actionnaires ou non” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, à dater d’inscription au registre” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs au prorata, onéreux,gratuit,volontaire,forcé,exclusion,retrait,usufruit,nue-propriété,pleine…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Apport en numéraire avec émission de nouvelles actions, actions en gage:droit au débiteur-gagiste” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of June at 09:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “En tout temps, assemblée générale délibérant dans les formes prévues pour les modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed