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 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Rechter Backstube from Sankt Vith, company number BE0521925227, closed financial year 2025 with a result of € 25,939 after tax. For that financial year Rechter Backstube recorded a gross margin of € 1.1 million and equity of € 70,522. Compared with financial year 2024, the result moved from € 11,351 to € 25,939. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 23, 2026.
€ 70,522
▲ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 25,939
▲ 129% vs 2024
Profit after tax over the fiscal year.
€ 49,640
▼ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -153,444.
People and assets in 2025
18.2
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 762,303
▲ 5% vs 2024
€ 41,900 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.
€ 470,906
▼ 11% vs 2024
Of which on lease € 432,349.
Debts at end 2025
€ 1.4 million
▼ 7% vs 2024
€ 231,140 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 39,546
▼ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 102,900
▲ 15% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 708,208 | € 839,843 | € 1,040,985 | € 1,141,552 | ▲ 10% |
| Profit after taxes | € -32,594 | € -67,733 | € 11,351 | € 25,939 | ▲ 129% |
| Equity | € 121,448 | € 46,888 | € 51,411 | € 70,522 | ▲ 37% |
| Total debts | € 1,257,548 | € 1,456,541 | € 1,737,581 | € 1,610,021 | ▼ 7% |
| Cash | € 31,092 | € 26,417 | € 51,615 | € 49,640 | ▼ 4% |
| Land & buildings | € 777,160 | € 782,243 | € 750,855 | € 703,997 | ▼ 6% |
| Retained profit | € -122,501 | € -190,734 | € -179,383 | € -153,444 | ▲ € 25,939 |
| Bank debt | € 1,072,778 | € 1,223,356 | € 1,488,454 | € 1,382,642 | ▼ 7% |
| Balance sheet total | € 1,378,996 | € 1,503,429 | € 1,788,992 | € 1,680,543 | ▼ 6% |
| Employees (FTE) | 16.8 | 17.9 | 19.1 | 18.2 | ▼ 0.9 |
Key figures of Rechter Backstube, 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 Rechter Backstube?
What happened at Rechter Backstube in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 25,939 (▲ 129% vs 2024). Source: NBB ↗
- New establishment in Sankt Vith. KBO
- New establishment in Sankt Vith. KBO
- Jochen Theis became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 32,594 loss in 2022 to € 25,939 profit in 2025.
Paid € 242 in corporate taxes since 2022.
Best year ever: 2025, with € 25,939 profit.
On average € 62,700 of value added per employee in 2025.
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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
Behind Rechter Backstube is Jochen Theis.
Directors
According to the 2025 annual accounts
Jochen Theis
Director
since 2013
Establishments
Establishment units
Physical locations of this company
Zur Kaiserbaracke,Recht 25
4780 Sankt Vith
Hauptstrasse 68
4780 Sankt Vith
Active since 2 October 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0521.925.227
- VAT number
- BE 0521.925.227
- Registered office
- Zur Kaiserbaracke,Recht 25, 4780 Sankt Vith
- Names & denominations
- Rechter Backstube
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 March 2013
- Peppol
- Active · Active since 12 Sept 2025
- Activities · NACE
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk
Detailhandel in brood en banketbakkerswerk (koude bakkers)
Overige detailhandel in voedingsmiddelen, neg
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Eetgelegenheden met beperkte bediening
Overige detailhandel in voedingsmiddelen in gespecialiseerde winkels, n.e.g.