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 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Fijnbakkerij Leterme from Koksijde, company number BE0689538158, closed financial year 2025 with a result of € 58,825 after tax. For that financial year Fijnbakkerij Leterme recorded a gross margin of € 385,510 and equity of € 113,419. Compared with financial year 2024, the result moved from € 22,539 to € 58,825. 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 July 7, 2026.
€ 113,419
▲ 76% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 58,825
▲ 161% vs 2024
Profit after tax over the fiscal year.
€ 38,572
▲ 182% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 10,000 paid out
17 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 186,557
▼ 13% 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.
€ 14,219
▲ 70% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 841,834
▼ 13% vs 2024
€ 100,651 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 52,258
▲ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 37,631
▼ 11% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 328,111 | € 350,882 | € 396,854 | € 385,510 | ▼ 3% |
| Profit after taxes | € 17,456 | € 13,269 | € 22,539 | € 58,825 | ▲ 161% |
| Equity | € 36,785 | € 40,054 | € 64,593 | € 113,419 | ▲ 76% |
| Total debts | € 1,326,610 | € 1,190,624 | € 1,063,161 | € 941,722 | ▼ 11% |
| Cash | € 68,663 | € 12,714 | € 13,688 | € 38,572 | ▲ 182% |
| Land & buildings | € 757,516 | € 726,953 | € 694,203 | € 666,453 | ▼ 4% |
| Retained profit | € 18,185 | € 21,454 | € 45,993 | € 94,819 | ▲ 106% |
| Dividend | € 0 | € 10,000 | € 10,000 | € 10,000 | |
| Bank debt | € 1,205,646 | € 1,075,818 | € 963,439 | € 841,834 | ▼ 13% |
| Balance sheet total | € 1,363,395 | € 1,230,678 | € 1,131,354 | € 1,064,950 | ▼ 6% |
| Employees (FTE) | 3.5 | 3.2 | - | - |
Key figures of Fijnbakkerij Leterme, 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 Fijnbakkerij Leterme?
What happened at Fijnbakkerij Leterme in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 58,825 (▲ 161% vs 2024). Source: NBB ↗
- New establishment in Koksijde. KBO
- Start of the company according to the CBE. KBO
In short
From € 17,456 profit in 2022 to € 58,825 profit in 2025.
Paid € 30,826 in corporate taxes since 2022.
Best year ever: 2025, with € 58,825 profit.
On average € 109,700 of value added per employee in 2023.
A new publication or filing at Fijnbakkerij Leterme? 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
Behind Fijnbakkerij Leterme are VICKY NOLLET and FREDERIK LETERME.
Directors
According to the 2025 annual accounts
VICKY NOLLET
Director
FREDERIK LETERME
Director
Establishments
Establishment units
Physical locations of this company
Zeelaan(Kok) 267A
8670 Koksijde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0689.538.158
- VAT number
- BE 0689.538.158
- Registered office
- Zeelaan(Kok) 267A, 8670 Koksijde
- Names & denominations
- Fijnbakkerij Leterme
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 January 2018
- Peppol
- Active · Active since 2 Dec 2025
- Activities · NACE
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk