Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 10.7 to 9.5.
Financials
Financial year 2025
LA BRIOCHE D'OR from Ittre, company number BE0424211979, closed financial year 2025 with a result of € 23,770 after tax. For that financial year LA BRIOCHE D'OR recorded a gross margin of € 487,806 and equity of € 61,730. Compared with financial year 2024, the result moved from € 27,624 to € 23,770. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 29, 2026.
€ 61,730
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23,770
▼ 14% vs 2024
Profit after tax over the fiscal year.
€ 1,158
▼ 86% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 20,317 paid out
85 % of the profit went to the shareholders, mostly to SYLPHI (100 % of the shares). That is where the money ends up.
People and assets in 2025
9.5
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 396,765
▲ 6% vs 2024
€ 41,800 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.
€ 148,320
▼ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 368,599
▼ 11% vs 2024
€ 107,934 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 73,179
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 48,988
▼ 4% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 428,510 | € 456,229 | € 469,029 | € 487,806 | ▲ 4% |
| Profit after taxes | € 9,475 | € 34,683 | € 27,624 | € 23,770 | ▼ 14% |
| Equity | € 12,206 | € 41,477 | € 63,689 | € 61,730 | ▼ 3% |
| Total debts | € 560,790 | € 654,199 | € 553,854 | € 519,856 | ▼ 6% |
| Cash | € 46,423 | € 63,809 | € 8,426 | € 1,158 | ▼ 86% |
| Land & buildings | € 160,342 | € 163,835 | € 148,695 | € 133,555 | ▼ 10% |
| Retained profit | € -63,773 | € -29,090 | € -1,466 | € 1,987 | ▲ € 3,453 |
| Dividend | € 0 | € 0 | € 0 | € 20,317 | |
| Bank debt | € 456,772 | € 470,508 | € 413,504 | € 368,599 | ▼ 11% |
| Balance sheet total | € 572,997 | € 695,676 | € 617,543 | € 581,586 | ▼ 6% |
| Employees (FTE) | 11.4 | 10.7 | 9.9 | 9.5 | ▼ 0.4 |
Key figures of LA BRIOCHE D'OR, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to LA BRIOCHE D'OR?
What happened at LA BRIOCHE D'OR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 23,770 (▼ 14% vs 2024). Source: NBB ↗
- New establishment in Nivelles. KBO
- New establishment in Ittre. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,475 profit in 2022 to € 23,770 profit in 2025.
Best year ever: 2023, with € 34,683 profit.
On average € 51,300 of value added per employee in 2025.
Paid out € 20,317 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of SYLPHI comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LA BRIOCHE D'ORBehind LA BRIOCHE D'OR is SYLPHI SRL. The shares are held by SYLPHI (100%).
Directors
According to the 2025 annual accounts
Director · represented by PHILIPPE RHEAU
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Neuve 14
1460 Ittre
Rue Louis Braille 7
1402 Nivelles
Active since 29 March 2016
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0424.211.979
- VAT number
- BE 0424.211.979
- Registered office
- Rue Neuve 14, 1460 Ittre
- Names & denominations
- LA BRIOCHE D'OR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 June 1983
- Peppol
- Active · Active since 4 Sept 2025
- Activities · NACE
Artisanale brood- en banketbakkerijen
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk
Detailhandel in brood en banketbakkerswerk (koude bakkers)
Detailhandel in brood-, banketbakkerswerk en suikerwerk