Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
L'alliance du pain from Seraing, company number BE0844665706, closed financial year 2025 with a result of € -18,361 after tax. For that financial year L'alliance du pain recorded a gross margin of € 731,896 and equity of € 36,793. Compared with financial year 2024, the result moved from € 36,040 to € -18,361. The company made a loss. The buffer shrank hard: equity is 58 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.
€ 36,793
▼ 58% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,361
▼ still € 36,040 profit in 2024
Profit after tax over the fiscal year.
€ 145,571
▲ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 30,593.
People and assets in 2025
16.3
▲ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 669,095
▲ 9% vs 2024
€ 41,000 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.
€ 19,384
▼ 8% vs 2024
Of which on lease € 13,691.
Debts at end 2025
€ 265,970
▲ 71% vs 2024
€ 46,033 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 81,474
▲ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 180,505
▲ 27% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 714,704 | € 752,717 | € 732,564 | € 731,896 | |
| Profit after taxes | € -26,975 | € 39,743 | € 36,040 | € -18,361 | ▼ € 54,401 |
| Equity | € 48,113 | € 70,713 | € 86,753 | € 36,793 | ▼ 58% |
| Total debts | € 450,568 | € 454,808 | € 362,422 | € 541,860 | ▲ 50% |
| Cash | € 110,827 | € 185,494 | € 142,174 | € 145,571 | ▲ 2% |
| Land & buildings | - | - | - | € 139,055 | |
| Retained profit | € 41,913 | € 64,513 | € 80,553 | € 30,593 | ▼ 62% |
| Dividend | € 0 | € 17,143 | € 20,000 | € 31,599 | ▲ 58% |
| Bank debt | € 205,492 | € 188,897 | € 155,804 | € 265,970 | ▲ 71% |
| Balance sheet total | € 498,681 | € 525,521 | € 449,175 | € 578,653 | ▲ 29% |
| Employees (FTE) | 16.2 | 15 | 15.1 | 16.3 | ▲ 1.2 |
Key figures of L'alliance du pain, 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 L'alliance du pain?
What happened at L'alliance du pain in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 18,361 (▼ € 54,401 vs 2024). Source: NBB ↗
- New establishment in Clavier. KBO
- QUENTIN DELCOURT became a director. NBB
- New establishment in Seraing. KBO
- New establishment in Liège. KBO
- New establishment in Seraing. KBO
- Christophe DELCOURT became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 26,975 loss in 2022 to € 18,361 loss in 2025.
Paid € 25,489 in corporate taxes since 2022.
Best year ever: 2023, with € 39,743 profit.
On average € 44,900 of value added per employee in 2025.
A new publication or filing at L'alliance du pain? 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 L'alliance du pain are QUENTIN DELCOURT and Christophe DELCOURT.
Directors
According to the 2025 annual accounts
QUENTIN DELCOURT
Director
since 2023
Christophe DELCOURT
Director
since 2012
Establishments
Establishment units
Physical locations of this company
Rue de Plainevaux 176
4100 Seraing
Rue des Grands-Champs 69
4000 Liège
Active since 1 June 2018
Place des Verriers 6
4100 Seraing
Active since 26 March 2019
Rue de la Gendarmerie 67
4560 Clavier
Active since 1 October 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0844.665.706
- VAT number
- BE 0844.665.706
- Registered office
- Rue de Plainevaux 176, 4100 Seraing
- Names & denominations
- L'alliance du pain
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 March 2012
- Peppol
- Active · Active since 24 Dec 2025
- Activities · NACE
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk
Vervaardiging van beschuit, biscuit en houdbaar banketbakkerswerk
Cateringdiensten op contractbasis en overige diensten in verband met maaltijden
Vervaardiging van roomijs en ander consumptie-ijs
Vervaardiging van cacao, chocolade en suikerwerk
Overige eetgelegenheden