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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
CROWN OF BAKEM from Genk, company number BE0694594828, closed financial year 2025 with a result of € -2,995 after tax. For that financial year CROWN OF BAKEM recorded a gross margin of € -2,595 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € -1,699 to € -2,995. The company made a loss. 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 January 25, 2026.
€ 1.5 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,995
▼ 76 % more loss than in 2024
Profit after tax over the fiscal year.
€ 461
▲ € 426 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -63,292.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,360
▲ € 2,298 vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -2,020 | € -1,004 | - | € -2,595 | |
| Profit after taxes | € 86,490 | € 3 | € -1,699 | € -2,995 | ▼ € 1,296 |
| Equity | € 1,532,996 | € 1,532,999 | € 1,531,300 | € 1,528,306 | |
| Total debts | € 0 | € 2,182 | € 3,790 | € 7,210 | ▲ 90% |
| Cash | € 127 | € 127 | € 36 | € 461 | ▲ € 426 |
| Retained profit | € -58,601 | € -58,598 | € -60,297 | € -63,292 | ▼ € 2,995 |
| Balance sheet total | € 1,532,996 | € 1,535,181 | € 1,535,090 | € 1,535,516 |
Key figures of CROWN OF BAKEM, 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 CROWN OF BAKEM?
What happened at CROWN OF BAKEM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,995. Source: NBB ↗
- Jan Ponnet became a director. NBB
- Foresco Group bv became a director. NBB
- New establishment in Hoogstraten. KBO
- Start of the company according to the CBE. KBO
In short
From € 86,490 profit in 2022 to € 2,995 loss in 2025.
Best year ever: 2022, with € 86,490 profit.
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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 Foresco BE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CROWN OF BAKEMBehind CROWN OF BAKEM are Jan Ponnet and Foresco Group bv. The shares are held by Foresco BE (100%). It owns 33.3% of Festina Lente itself.
Directors
According to the 2025 annual accounts
Jan Ponnet
Director
Also active at: VADESCO LOGISTICS, CAISSERIES BELLE VUE, FORESCO PALLETS, LEBECK LUXEMBOURG, NV Dynamica Industrial Property, PALETTEN ANDRIES, RYCOBEL, ARSEUS MEDICAL +38 more
since 2022
Director
Also active at: CAISSERIES BELLE VUE, FORESCO PALLETS, LEBECK LUXEMBOURG, PALETTEN ANDRIES, FORESCO PALLET RECYCLING, FORESCO TRANSPORT, BEDRIJVENCENTRUM ZONHOVEN, Foresco BE +16 more
since 2022
Shareholders
100%
Participations
Festina Lente
33.3%
Establishments
Establishment units
Physical locations of this company
Eikelaarstraat 32
3600 Genk
Lodewijk De Konincklaan 367
2320 Hoogstraten
Active since 1 September 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →NV Dynamica Industrial Property same network
€ 6.1 million gross margin · 2024
Foresco BE same network
€ 64.6 million revenue · 2024
MEDICAL PARTNERS same network
CROWN OF JUKEM same network
€ -2,595 gross margin · 2025
FORESCO GROUP same network
€ 8.1 million revenue · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0694.594.828
- VAT number
- BE 0694.594.828
- Registered office
- Eikelaarstraat 32, 3600 Genk
- Names & denominations
- CROWN OF BAKEM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 April 2018
- Peppol
- Not registered