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 38 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
De Bast from Ternat, company number BE0440044458, closed financial year 2025 with a result of € 23,729 after tax. For that financial year De Bast recorded a gross margin of € 111,055 and equity of € 99,768. Compared with financial year 2024, the result moved from € 9,889 to € 23,729. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 12, 2026.
€ 99,768
▼ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23,729
▲ 140% vs 2024
Profit after tax over the fiscal year.
€ 40,984
▲ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 96,345 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 43,570
▼ 22% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 8,589
▼ 55% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 16,280
▼ 53% vs 2024
€ 15,282 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 4,477
▼ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,125
▲ 57% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 84,249 | € 114,738 | € 114,275 | € 111,055 | ▼ 3% |
| Profit after taxes | € -22,581 | € 2,067 | € 9,889 | € 23,729 | ▲ 140% |
| Equity | € 170,427 | € 172,494 | € 172,383 | € 99,768 | ▼ 42% |
| Total debts | € 110,118 | € 91,886 | € 57,933 | € 118,141 | ▲ 104% |
| Cash | € 36,944 | € 28,599 | € 32,299 | € 40,984 | ▲ 27% |
| Land & buildings | € 124,296 | € 140,481 | € 134,891 | € 129,658 | ▼ 4% |
| Retained profit | € 151,827 | € 153,894 | € 153,783 | € 81,168 | ▼ 47% |
| Dividend | € 0 | € 0 | € 10,000 | € 96,345 | ▲ € 86,345 |
| Bank debt | € 75,640 | € 55,113 | € 34,314 | € 16,280 | ▼ 53% |
| Balance sheet total | € 280,545 | € 264,380 | € 230,316 | € 217,909 | ▼ 5% |
Key figures of De Bast, 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 De Bast?
What happened at De Bast in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 23,729 (▲ 140% vs 2024). Source: NBB ↗
- Hedwig De Bast became a director. NBB
- New establishment in Ternat. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,581 loss in 2022 to € 23,729 profit in 2025.
Paid € 14,350 in corporate taxes since 2022.
Best year ever: 2025, with € 23,729 profit.
Paid out € 106,345 in dividends to the owners in total.
Management
Behind De Bast is Hedwig De Bast.
Directors
According to the 2025 annual accounts
Hedwig De Bast
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Stenebrugstraat 21
1741 Ternat
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0440.044.458
- VAT number
- BE 0440.044.458
- Registered office
- Stenebrugstraat 21, 1741 Ternat
- Names & denominations
- De Bast
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 January 1990
- Peppol
- Active · Active since 8 Oct 2025
- Activities · NACE
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk
Artisanale brood- en banketbakkerijen