DIEMA'S BOERENBROOD
ActiveThe computed 12-month bankruptcy probability of DIEMA'S BOERENBROOD is 2.1% (moderate). The 2025 annual accounts show equity of €1.48M and a net result of €619k. Equity is growing by ~7% per year across the filed fiscal years. Its solvency ranks better than 29% of 792 sector peers (fiscal year 2025). The company has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency22▼-21
Growth78=
Stability100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity short (current ratio 0.93 against 1.03 in 2024), and 81.4% 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 · 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
18.6%
Return on assets
7.8%
Age of the figures
11 mo
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 29-01-2026, 91 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
91 d early
2024
96 d early
2023
109 d early
2022
108 d early
2021
10 d early
2020
18 d early
2019
7 d early
← 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
13-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.48M=
2024 · €1.48M
2018: €697k
2019: €998k
2020: €1.21M
2021: €1.42M
2022: €1.30M
2023: €1.32M
2024: €1.48M
2018 → 2025
Total assets
€7.97M▲ 46.8%
2024 · €5.43M
2018: €3.91M
2019: €4.25M
2020: €4.68M
2021: €3.74M
2022: €3.30M
2023: €4.90M
2024: €5.43M
2018 → 2025
Net result
€619k▼ 39.2%
2024 · €1.02M
2018: €273k
2019: €316k
2020: €216k
2021: €708k
2022: €607k
2023: €834k
2024: €1.02M
2018 → 2025
Working capital
€-198k
2024 · €62k
2018: €-422k
2019: €-336k
2020: €-213k
2021: €756k
2022: €266k
2023: €-101k
2024: €62k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.42M-€1.30M▼ 8.3%€1.32M▲ 1.1%€1.48M▲ 12.9%€1.48M=
Operating result€1.03M-€853k▼ 16.9%€1.16M▲ 36.3%€1.47M▲ 26.8%€868k▼ 41.1%
Net result€708k-€607k▼ 14.3%€834k▲ 37.5%€1.02M▲ 22.3%€619k▼ 39.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 41% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.97M
Fixed assets
€5.46M▲ 57.2%
Current assets
€2.51M▲ 28.3%
Equity and liabilities €7.97M
Equity
€1.48M=
Debt
€6.49M▲ 64.4%
The debt ratio rises from 72.7% to 81.4%: debt grows faster than equity.
Key figures and ratios
EBITDA
€1.31M▼
2024 · €1.90M
Cash flow
€1.06M▼
2024 · €1.45M
Solvency
18.6%▼
2024 · 27.3%
Current ratio
0.93▼
2024 · 1.03
Quick ratio
0.90▼
2024 · 0.95
Debt / equity
4.37▲
2024 · 2.66
ROE
41.7%▼
2024 · 68.7%
ROA
7.8%▼
2024 · 18.8%
Interest coverage
9.37▼
2024 · 14.49
Debt
€6.49M▲
2024 · €3.95M
Debt ≤ 1 year
€2.71M▲
2024 · €1.89M
Debt > 1 year
€3.78M▲
2024 · €2.05M
Income taxes
€120k▼
2024 · €340k
Staff costs
€3.23M▲
2024 · €3.20M
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€5.43M€7.97M▲
Fixed assets21/28€3.48M€5.46M▲
Intangible fixed assets21€30k€19k▼
Tangible fixed assets22/27€3.41M€5.41M▲
Land and buildings22€2.21M€4.43M▲
Plant, machinery and equipment23€361k€258k▼
Furniture and vehicles24€109k€91k▼
Leasing and similar rights25€620k€517k▼
Other tangible fixed assets26€108k€108k=
Financial fixed assets28€40k€40k=
Current assets29/58€1.96M€2.51M▲
Stocks and contracts in progress3€154k€85k▼
Stocks30/36€154k€85k▼
Amounts receivable within one year40/41€529k€1.02M▲
Trade receivables40€102k€126k▲
Other amounts receivable41€427k€895k▲
Current investments50/53€100k€0▼
Cash at bank and in hand54/58€1.08M€1.31M▲
Deferred charges and accrued income490/1€93k€94k▲
Equity and liabilities
Total equity and liabilities10/49€5.43M€7.97M▲
Equity10/15€1.48M€1.48M=
Contributions10/11€87k€87k=
Revaluation surpluses12€14k€5k▼
Reserves13€1.38M€1.39M▲
Distributable reserves133€1.38M€1.39M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€3.95M€6.49M▲
Amounts payable after more than one year17€2.05M€3.78M▲
Financial debts170/4€2.05M€3.78M▲
Amounts payable within one year42/48€1.89M€2.71M▲
Current portion of amounts payable after more than one year42€272k€487k▲
Financial debts43€69k€130k▲
Credit institutions430/8€69k€130k▲
Trade debts44€132k€1.01M▲
Suppliers440/4€132k€1.01M▲
Taxes, remuneration and social security45€570k€463k▼
Taxes450/3€39k€0▼
Remuneration and social security454/9€531k€463k▼
Other amounts payable47/48€850k€620k▼
Accrued charges and deferred income492/3€894€909▲
Income statement
Code20242025
Non-recurring operating income76A€8k€413▼
Remuneration, social security and pensions62€3.20M€3.23M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€428k€443k▲
Other operating charges640/8€45k€60k▲
Non-recurring operating charges66A€11k€585k▲
Gross operating margin9900€5.16M€5.19M▲
Operating profit (loss)9901€1.47M€868k▼
Financial income75/76B€16k€12k▼
Recurring financial income75€16k€12k▼
Financial charges65/66B€131k€140k▲
Recurring financial charges65€131k€140k▲
Profit (loss) for the period before taxes9903€1.36M€739k▼
Income taxes67/77€340k€120k▼
Profit (loss) for the period9904€1.02M€619k▼
Profit (loss) for the period to be appropriated9905€1.02M€619k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.02M€619k▼
Transfer from equity791/2-€644
Transfer to equity691/2€170k€0▼
To other reserves6921€170k€0▼
Profit to be distributed694/7€850k€620k▼
Return on contributions (dividend)694€800k€500k▼
Directors or managers695€50k€120k▲
Social balance
Average headcount (FTE)908756.753.6▼
The notes to these accounts (28 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
31-07
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment · Permanent representative12 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment · Permanent representative12 facts ▸
- General meeting, 30/04/2026
- Director appointment, STEDEC M (bestuurder)
- Director appointment, DESEM (bestuurder)
- Director appointment, PAIN D'ALUCÉ (bestuurder)
- Director appointment, STEDEC M (gedelegeerd bestuurder)
- Director appointment, DESEM (gedelegeerd bestuurder)
- Director appointment, DIEMAS INVEST (gedelegeerd bestuurder)
- Director appointment, PAIN D'ALUCÉ (gedelegeerd bestuurder)
- Permanent representative, Emmanuel DECLERCQ
- Permanent representative, Olivier DECLERCQ
- Permanent representative, Aline DECLERCQ
- Permanent representative, Celine DECLERCQ
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
24-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Highest result since 2018net €1.02M ▲22.3%
Operating result €1.47M, net result €1.02M, both a record.
12-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
12-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
12-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Weakest financial yearnet €216k ▼31.7%
Net result drops to €216k, the lowest in the series; recovery starts the following year.
30-09
Financial
Equity above €1MEq €1.21M ▲21.6%
3 profitable years in a row build equity to €1.21M.
23-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
18-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2026
This board is reconstructed from a single act (26098635). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
DESEM
CurrentDirector · since 01-05-2026 · Private limited company · perm. rep.: Olivier DECLERCQ
Diemas Invest
CurrentManaging director · since 01-05-2026 · Private limited company · perm. rep.: Celine DECLERCQ
PAIN D’ALUCÉ
CurrentDirector · since 01-05-2026 · Private limited company · perm. rep.: Aline DECLERCQ
STEDEC M
CurrentManaging director · since 01-05-2026 · Private limited company · perm. rep.: Emmanuel DECLERCQ
01-05-2026
DESEM: Appointed as Director
01-05-2026
DESEM: Appointed as Managing director
01-05-2026
Diemas Invest: Appointed as Managing director
01-05-2026
PAIN D’ALUCÉ: Appointed as Director
01-05-2026
PAIN D’ALUCÉ: Appointed as Managing director
01-05-2026
STEDEC M: Appointed as Managing director
01-05-2026
STEDEC M: Appointed as Director
Location & real-estate footprint
Registered office, Nieuwpoort · 14 establishment units since 1995
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.
Toevluchtweg 28620 NieuwpoortGround area
3.6 ha
Building footprint
5,212 m²
Volume, LiDAR
57,051 m³
14 parcels, Flanders · tallest building 32.6 m, ±10 floors. Linked by address, not a title deed.
14 establishment units
DIEMA'S BOERENBROOD
since 19952.069.721.860
DIEMA'S BOERENBROOD
since 19952.069.721.563
DIEMA'S BOERENBROOD
since 19952.069.721.662
DIEMA'S BOERENBROOD BVB
since 19952.069.721.464
DIEMA'S BOERENBROOD NV
since 19992.133.176.686
DIEMA'S BOERENBROOD
since 19992.133.177.478
Show 8 more locations
DIEMA'S BOERENBROOD NV
since 19992.133.178.270
Priorijlaan 20, 8430 Middelkerke
since 20122.214.441.209
DIEMA'S BOERENBROOD
since 20162.255.467.754
DIEMA'S BOERENBROOD
since 20182.277.229.012
DIEMA'S BOERENBROOD
since 20202.302.103.077
bakkerij Diemas
since 20232.346.171.959
Diema's Boerenbrood
since 20262.390.236.485
Diema's Boerenbrood
since 20262.390.237.178
14 parcels
Flanders
14
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38021B0398/00E000 | Flanders | 2.7 ha | 1 · 2,473 m² | 10.3 m · 3 fl. |
| 38021B0300/00C000 | Flanders | 2,984 m² | 1 · 644 m² | 7.9 m · 2 fl. |
| 38018A1227/00A000 | Flanders | 1,671 m² | 1 · 123 m² | 5.3 m · 2 fl. |
| 38402D0472/00S009indicative | Flanders | 1,641 m² | 1 · 240 m² | 9.2 m · 2 fl. |
| 35022A0001/00T056 | Flanders | 624 m² | 1 · 320 m² | 20.5 m · 5 fl. |
| 38014E0201/00_000 | Flanders | 399 m² | 1 · 176 m² | 23.5 m · 7 fl. |
| 38342G0060/00C000 | Flanders | 310 m² | 1 · 295 m² | 22.4 m · 6 fl. |
| 35323D0595/00F042 | Flanders | 303 m² | 1 · 186 m² | 32.6 m · 10 fl. |
| 38343A0163/00B000 | Flanders | 267 m² | 1 · 140 m² | 15.6 m · 4 fl. |
| 38502G0071/00_000 | Flanders | 256 m² | 1 · 236 m² | 22.1 m · 6 fl. |
| 38352E0557/00A000 | Flanders | 240 m² | 1 · 10 m² | 12.5 m · 4 fl. |
| 35011B0180/00B082 | Flanders | 197 m² | 1 · 172 m² | 20.5 m · 5 fl. |
| 35011B0180/00Y079 | Flanders | 107 m² | 1 · 107 m² | 17.1 m · 5 fl. |
| 35384A0089/00A034 | Flanders | 91 m² | 1 · 91 m² | 29.2 m · 8 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 13
13 of 14 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Structure & network
Ownership & control
4 partiesControl over this companysits on this company's board4
2 subsidiaries · 1 location
1 subsidiary · 1 location
1 subsidiary · 1 location
1 subsidiary · 1 location
controls
DIEMA'S BOERENBROODBE 0453.538.346
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 80,537 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 80,537 EUR | 0 EUR |
Schemes
Ecologiepremie+
Recognitions · licences · registrations
Food safety, FASFC
12 sitesNieuwpoort2.069.721.860
De Panne2.277.229.012
Koksijde2.133.177.478
Koksijde2.255.467.754
Show 8 more sites
Koksijde2.302.103.077
Koksijde2.390.237.178
Middelkerke2.069.721.464
Middelkerke2.069.721.662
Middelkerke2.133.176.686
Middelkerke2.214.441.209
Nieuwpoort2.346.171.959
Oostende2.069.721.563
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Of 506 companies in sector 10711 we hold annual accounts for 325. 161 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-10-1994
Fiscal year end30-09
Activities, NACEBEL
10711Manufacture of food products
10712Artisanal bread and fresh pastry making
15811
15812
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.