Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 8.1 to 6.4.
Financials
Financial year 2025
BAKERONLINE from Gent, company number BE0543469620, closed financial year 2025 with a result of € -344,052 after tax. For that financial year BAKERONLINE recorded a gross margin of € 646,084 and equity of € -4.6 million. Compared with financial year 2024, the result moved from € -401,143 to € -344,052. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ -4.6 million
▼ € 344,052 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -344,052
▲ 14 % less loss than in 2024
Profit after tax over the fiscal year.
€ 50,985
▲ 220% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5 million.
People and assets in 2025
6.4
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 560,935
▲ 13% vs 2024
€ 87,600 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.
€ 13,702
▼ 62% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3,389
▼ 96% vs 2024
Loans from banks and other lenders, long and short.
€ 401,672
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 76,007
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 85,317 | € 504,640 | € 737,216 | € 646,084 | ▼ 12% |
| Profit after taxes | € -1,240,573 | € -652,214 | € -401,143 | € -344,052 | ▲ € 57,091 |
| Equity | € -3,205,831 | € -3,858,045 | € -4,259,188 | € -4,603,240 | ▼ € 344,052 |
| Total debts | € 3,924,755 | € 4,445,834 | € 4,772,369 | € 5,028,183 | ▲ 5% |
| Cash | € 174,100 | € 64,503 | € 15,940 | € 50,985 | ▲ 220% |
| Retained profit | € -3,599,431 | € -4,251,645 | € -4,652,788 | € -4,996,840 | ▼ € 344,052 |
| Bank debt | € 244,820 | € 139,007 | € 82,288 | € 3,389 | ▼ 96% |
| Balance sheet total | € 718,924 | € 587,789 | € 513,181 | € 424,943 | ▼ 17% |
| Employees (FTE) | 11.3 | 8.1 | 7.3 | 6.4 | ▼ 0.9 |
Key figures of BAKERONLINE, 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 BAKERONLINE?
What happened at BAKERONLINE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 344,052. Source: NBB ↗
- ENNOVATOR BV stepped down as director. NBB
- MELORIA BV stepped down as director. NBB
- Frederik LIEVENS stepped down as director. NBB
- Frederik LIEVENS became a director. NBB
- ENNOVATOR BV became a director. NBB
- MELORIA BV became a director. NBB
- New establishment in Gent. KBO
In short
From € 1.2 million loss in 2022 to € 344,052 loss in 2025.
Paid € 2,807 in corporate taxes since 2022.
On average € 101,000 of value added per employee in 2025.
A new publication or filing at BAKERONLINE? We notify you, reason included.
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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 PURATOS GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BAKERONLINEThe shares are held by PURATOS GROUP (70%). It owns 100% of Localtomorrow Espana SLU itself.
Directors
According to the 2025 annual accounts
Director · represented by Sergeant Maxim Carlos
Also active at: DE SNACKCENTRALE, Netwerk Ondernemen, Billy, LOCALTOMORROW
since 2023 · until 2026
Director · represented by Michaux Jean-Philippe
Also active at: PURATOS, TECHNO - HIGH - TECHNOLOGY, Puratos Taiwan, BELFEED, Puratos Middle East
since 2023 · until 2026
since 2024 · until 2026
Shareholders
70%
Participations
Localtomorrow Espana SLU
100%
Establishments
Establishment units
Physical locations of this company
Adolf Baeyensstraat 53
9040 Gent
Sint-Denijslaan 96
9000 Gent
Active since 19 December 2013
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →DE SNACKCENTRALE same network
€ -20,421 gross margin · 2025
TRINION
€ 162,929 revenue · 2025
ENNOVATOR same network
€ 34,476 gross margin · 2025
Smart Online
€ 202,033 gross margin · 2025
Billy same network
€ 424,945 gross margin · 2025
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
COMBELL-AS, BE
Domain
Domain
bakeronline.com
Registered
1998-11-03
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-11-02
Website info
Features
Security
Details
- Company number
- 0543.469.620
- VAT number
- BE 0543.469.620
- Registered office
- Adolf Baeyensstraat 53, 9040 Gent
- Names & denominations
- BAKERONLINE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 2013
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- bakeronline.com [email protected]
- Activities · NACE
Activiteiten van reclamebureaus
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Promotie en organisatie van scheppende en uitvoerende kunstevenementen
Promotie en organisatie van uitvoerende kunstevenementen