Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 57 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Pâtisserie Serge from Beloeil, company number BE0416745949, closed financial year 2025 with a result of € -13,512 after tax. For that financial year Pâtisserie Serge recorded a gross margin of € 708,172 and equity of € 89,636. Compared with financial year 2024, the result moved from € 9,625 to € -13,512. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2026.
€ 89,636
▼ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,512
▼ still € 9,625 profit in 2024
Profit after tax over the fiscal year.
€ 84,080
▲ 72% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 67,653.
People and assets in 2025
12.5
▼ 2.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 659,608
▼ 1% vs 2024
€ 52,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 18,050
▼ 80% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 55,781
▼ 41% vs 2024
€ 45,344 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 57,669
▲ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 78,201
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 748,371 | € 761,111 | € 740,948 | € 708,172 | ▼ 4% |
| Profit after taxes | € 39,156 | € -30,183 | € 9,625 | € -13,512 | ▼ € 23,137 |
| Equity | € 126,805 | € 96,622 | € 103,147 | € 89,636 | ▼ 13% |
| Total debts | € 356,948 | € 293,996 | € 227,122 | € 191,696 | ▼ 16% |
| Cash | € 152,992 | € 97,776 | € 49,013 | € 84,080 | ▲ 72% |
| Land & buildings | € 125,167 | € 128,480 | € 125,214 | € 95,516 | ▼ 24% |
| Retained profit | € 104,822 | € 74,639 | € 81,164 | € 67,653 | ▼ 17% |
| Dividend | € 26,000 | € 0 | € 3,100 | € 0 | ▼ 100% |
| Bank debt | € 187,078 | € 133,257 | € 95,188 | € 55,781 | ▼ 41% |
| Balance sheet total | € 483,753 | € 390,618 | € 330,270 | € 281,332 | ▼ 15% |
| Employees (FTE) | 15.1 | 15.1 | 15.1 | 12.5 | ▼ 2.6 |
Key figures of Pâtisserie Serge, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Pâtisserie Serge?
What happened at Pâtisserie Serge in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 13,512 (▼ € 23,137 vs 2024). Source: NBB ↗
- New establishment in Beloeil. KBO
- New establishment in Beloeil. KBO
- Start of the company according to the CBE. KBO
In short
From € 39,156 profit in 2022 to € 13,512 loss in 2025.
Paid € 12,715 in corporate taxes since 2022.
Best year ever: 2022, with € 39,156 profit.
On average € 56,700 of value added per employee in 2025.
Management
Behind Pâtisserie Serge are Valérie Picron and Stéphane Picron.
Directors
According to the 2025 annual accounts
Valérie Picron
Director
Stéphane Picron
Director
Establishments
Establishment units
Physical locations of this company
Pré-à-Parchon (Bas) 96
7971 Beloeil
Pré-à-Parchon (Bas) 94
7971 Beloeil
Active since 1 December 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0416.745.949
- VAT number
- BE 0416.745.949
- Registered office
- Pré-à-Parchon (Bas) 96, 7971 Beloeil
- Names & denominations
- Pâtisserie Serge
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 November 1976
- Peppol
- Active · Active since 26 Dec 2025
- Activities · NACE
Artisanale brood- en banketbakkerijen
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk