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Vermeer Bakeries

Active
Private limited companyfounded 2007active for 19 yearsZwartwaterweg 1, 2491 Balen, BelgiumKBO/BCE: BE 0889.073.789
Summary

Vermeer Bakeries has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €916,829 and a net result of €200,813. Equity has been shrinking by about 6.3% per year since 2018. Its solvency ranks better than 58% of 1,009 sector peers (NACE 10, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

Source: KBO
Status
Active since 27-04-2007 Normal situation
Activity
Artisanal bread and fresh pastry making NACE 10712and 1 other
Joint committees
118 Paritair Comité voor de voedingsnijverheid
201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 2025
Establishment unit
2.163.317.061 2440 Geel, since 27-04-2007
Financial year end
31 December
Peppol
Reachable since 13-11-2025

Board and ownership

Financial position

71 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2025
Gross margin
€970,803
▲ 15.6%
Turnover
≈ €2.3m
estimated
Profit
€200,813
▲ 18.4%
Equity
€916,829
▲ 27.9%
Total assets
€2.2m
▼ 2.4%
Employees on 31-12-2025
7
▼ 22.2%
Score breakdownraises riskSector: Manufacture of food products (NACE 10)1 of the last 3 accounts latelowers riskFounded in 2007Profit of €200,813 (financial year 2025)Show the evidence

Checked score

Score 2025
71 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 64% of micro companies in food products (NACE 10)
Financial strength · tick: 2024
Strong
Solvency 66+10
equity 41.0% of total assets
Liquidity 55+3
short-term debt 15.1% · cash 6.5%
Profitability 80+2
return on assets 9.0%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.1% (3,081 companies, NACE 10, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.3%▲ +0.1 percentage points vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.7%▲ +0.3 percentage points vs 07-2025 09-2025: 0.8%▲ +0.1 percentage points vs 08-2025 10-2025: 1.0%▲ +0.2 percentage points vs 09-2025highest value 11-2025: 0.5%▼ -0.5 percentage points vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.6%▲ +0.1 percentage points vs 06-2026 08-2026: 0.6%● unchanged vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026 11-2026: 0.6%● unchanged vs 10-2026
Credit of up to €65,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.5 (1.11 in 2024), below the usual 1.5. Short-term debt is 15.1% and cash 6.5% of total assets. 59% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 10, micro). It does better than 59% of them on solvency, 57% on liquidity, 67% on profitability and 75% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Founded in 2007
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Manufacture of food products (NACE 10)
KBO
raises risk · 1 of the last 3 accounts late
NBB · filings
lowers risk · Profit of €200,813 (financial year 2025)
NBB · annual accounts
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
1819202122232425
2018 to 2025 · latest year €916,829
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
60 days late
2023
on the day
2022
61 days late
2021
74 days late
2020
108 days late
2019
124 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 61 days after the deadline. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 September (4 of the last 5 accounts filed within 59 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 82% of companies in food productssector median €33,437 · 1,008 companies €200,813 View
  • Positive: 5 profitable years in a rowprofit 2025: €200,813 5 years View
  • Positive: Equity rose in 2025from €716,848 to €916,829 ▲ 27.9% View

Recent changes

  1. · Gazette deed Appointment: VERMEER Geert Felix Catharina (statutory director)Reappointment: VERMEER Gert Felix Catharina (statutory director)
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as Vermeer Bakeries: artisanal bread and fresh pastry making (NACE 10712). They are comparable in size and age: total assets between €1.6m and €2.9m, founded between 2002 and 2015.

CompanyTotal assetsGross margin
Vermeer Bakeries Balen€2.2m€1.0m
Bakkerij van Kuijk Hoogstraten€2.2m€1.0m
BAKKERIJ DE VOOGT - POPPE Beveren-Kruibeke-Zwijndrecht€1.8m€0.7m
BAKKERIJ ROMY Nijlen€1.6m€0.8m
PAINTURE Beernem€2.9m€1.1m
De Echte Bakker Dendermonde€1.6m€1.0m
Stéphanie Nijlen€2.5m€0.8m
Full comparison

Key facts about Vermeer Bakeries

What is the company number of Vermeer Bakeries?
The company number of Vermeer Bakeries is 0889.073.789. The VAT number is the same number with BE in front: BE 0889.073.789.
Where is Vermeer Bakeries based?
The registered office is at Zwartwaterweg 1, 2491 Balen.Company details
What does Vermeer Bakeries do?
According to the KBO register, the main activity is artisanal bread and fresh pastry making (NACE 10712).
What is the legal form of Vermeer Bakeries?
The legal form of Vermeer Bakeries is Private limited company (BV).
When was Vermeer Bakeries founded?
Vermeer Bakeries was founded on 27-04-2007.
Is Vermeer Bakeries still active?
Yes, Vermeer Bakeries is an active enterprise in the KBO register.
How many employees does Vermeer Bakeries have?
Vermeer Bakeries had an average of 8.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Vermeer Bakeries fall under?
In its 2025 annual accounts, Vermeer Bakeries states joint committees 118 (Paritair Comité voor de voedingsnijverheid) and 201 (Paritair Comité voor de zelfstandige kleinhandel).
What is the turnover of Vermeer Bakeries?
The turnover in financial year 2025 is ≈ €2.3m. This figure is estimated from the gross margin of €970,803 and 2,283 comparable companies of the same size. It probably lies between €1.4m and €3.9m. It is a rough estimate.
Is Vermeer Bakeries profitable?
In financial year 2025, Vermeer Bakeries made a profit of €200,813.
Where can I find the annual accounts of Vermeer Bakeries?
Vermeer Bakeries filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Vermeer Bakeries due?
Vermeer Bakeries must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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