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 44 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
G&E Bakery from Merchtem, company number BE0766924461, closed financial year 2025 with a result of € -3,361 after tax. For that financial year G&E Bakery recorded a gross margin of € 29,205 and equity of € 15,482. Compared with financial year 2024, the result moved from € 5,207 to € -3,361. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 15,482
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,361
▼ still € 5,207 profit in 2024
Profit after tax over the fiscal year.
€ 17,480
▲ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 13,482.
People and assets in 2025
€ 2,582
▼ 80% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 19,285
▼ 49% vs 2024
€ 14,881 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 30,567
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 591
▼ 50% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 14,715 | € 46,734 | € 37,429 | € 29,205 | ▼ 22% |
| Profit after taxes | € -11,895 | € 14,812 | € 5,207 | € -3,361 | ▼ € 8,568 |
| Equity | € -6,095 | € 13,636 | € 18,843 | € 15,482 | ▼ 18% |
| Total debts | € 140,218 | € 113,348 | € 70,586 | € 55,436 | ▼ 21% |
| Cash | € 18,999 | € 31,883 | € 16,301 | € 17,480 | ▲ 7% |
| Retained profit | € -8,095 | € 11,636 | € 16,843 | € 13,482 | ▼ 20% |
| Bank debt | € 105,434 | € 76,572 | € 38,157 | € 19,285 | ▼ 49% |
| Balance sheet total | € 134,123 | € 126,984 | € 89,429 | € 70,918 | ▼ 21% |
By gross margin, G&E Bakery ranks 5th of 5 companies with main activity “Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk” in Merchtem that publish figures (fiscal year 2025).
Key figures of G&E Bakery, 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.
Ask about G&E Bakery the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to G&E Bakery?
What happened at G&E Bakery in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,361 (▼ € 8,568 vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Merchtem. KBO
In short
From € 11,895 loss in 2022 to € 3,361 loss in 2025.
Paid € 10,752 in corporate taxes since 2022.
Best year ever: 2023, with € 14,812 profit.
Establishments
Establishment units
Physical locations of this company
Langensteenweg 69
1785 Merchtem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Merchtem
Same main activity (Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk), 5 active companies in Merchtem, largest first.
€ 321,619 gross margin · 2025
€ 127,968 gross margin · 2025
€ 100,027 gross margin · 2025
€ 93,499 gross margin · 2021
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- SMETS Evi(oprichter) 50%
- JOOS Gunther(oprichter) 48%
- PERSOONS Jeannine Charlotta Maria(eenvoudig inschrijver) 2%
Details
- Company number
- 0766.924.461
- VAT number
- BE 0766.924.461
- Registered office
- Langensteenweg 69, 1785 Merchtem
- Names & denominations
- G&E Bakery · JOOS Brood&Banket
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 April 2021
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk
Detailhandel in brood en banketbakkerswerk (koude bakkers)