Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 48.4 to 30.3.
Financials
Financial year 2025
HOORNAERT BROOD EN BANKET from Kortrijk, company number BE0725832687, closed financial year 2025 with a result of € -58,185 after tax. For that financial year HOORNAERT BROOD EN BANKET recorded a gross margin of € 1.2 million and equity of € 413,916. Compared with financial year 2024, the result moved from € 38,952 to € -58,185. 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 July 20, 2026.
€ 413,916
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -58,185
▼ still € 38,952 profit in 2024
Profit after tax over the fiscal year.
€ 14,117
▼ 85% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 344,793.
People and assets in 2025
30.3
▼ 10.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▼ 22% vs 2024
€ 35,500 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.
€ 6,408
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 65,520
▼ 79% vs 2024
Loans from banks and other lenders, long and short.
€ 429,079
▲ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 88,285
▼ 39% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,362,757 | € 1,704,667 | € 1,577,386 | € 1,187,580 | ▼ 25% |
| Profit after taxes | € 56,099 | € 150,972 | € 38,952 | € -58,185 | ▼ € 97,137 |
| Equity | € 282,177 | € 433,150 | € 472,102 | € 413,916 | ▼ 12% |
| Total debts | € 995,494 | € 1,104,687 | € 869,926 | € 584,551 | ▼ 33% |
| Cash | € 104,392 | € 179,238 | € 95,546 | € 14,117 | ▼ 85% |
| Land & buildings | € 74,514 | € 71,025 | € 51,013 | € 44,497 | ▼ 13% |
| Retained profit | € 213,054 | € 364,027 | € 402,978 | € 344,793 | ▼ 14% |
| Bank debt | € 444,400 | € 459,741 | € 315,265 | € 65,520 | ▼ 79% |
| Balance sheet total | € 1,277,672 | € 1,537,837 | € 1,342,027 | € 998,467 | ▼ 26% |
| Employees (FTE) | 47.7 | 48.4 | 41.2 | 30.3 | ▼ 10.9 |
Key figures of HOORNAERT BROOD EN BANKET, 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 HOORNAERT BROOD EN BANKET?
What happened at HOORNAERT BROOD EN BANKET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 58,185 (▼ € 97,137 vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- New establishment in Kortrijk. KBO
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 56,099 profit in 2022 to € 58,185 loss in 2025.
Paid € 5,585 in corporate taxes since 2022.
Best year ever: 2023, with € 150,972 profit.
On average € 39,200 of value added per employee in 2025.
A new publication or filing at HOORNAERT BROOD EN BANKET? 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 HOORNAERT BROOD EN BANKET are CHANTAL DEMEULENAERE and HOORNAERT INVEST BV. CHANTAL DEMEULENAERE is also behind Hoornaert Invest.
Directors
According to the 2025 annual accounts
Director · represented by JOHN HOORNAERT
Establishments
Establishment units
Physical locations of this company
Doenaertstraat(Mar) 10
8510 Kortrijk
Leiestraat(Kor) 46
8500 Kortrijk
Active since 29 April 2019
Doorniksewijk(Kor) 116
8500 Kortrijk
Active since 29 April 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0725.832.687
- VAT number
- BE 0725.832.687
- Registered office
- Doenaertstraat(Mar) 10, 8510 Kortrijk
- Names & denominations
- HOORNAERT BROOD EN BANKET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 April 2019
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk
Detailhandel in brood en banketbakkerswerk (koude bakkers)
Overige niet-gespecialiseerde detailhandel
Industriële vervaardiging van brood en van vers banketbakkerswerk
Detailhandel via postorderbedrijven of via internet