BONGAERT
Open bankruptcyA bankruptcy procedure is open for BONGAERT according to publications in the Belgian State Gazette; curator: POL MASSART.
Summary
The 2024 annual accounts show negative equity (€-45k) and a net result of €15k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 862 sector peers (2024).
NBB · sector comparisonPosition among 862 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
26 d late
2023
320 d late
2022
22 d late
2020
30 d late
2019
48 d late
2018
30 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€15k
2023 · €-5k
2018: €-581
2019: €-6k
2020: €-4k
2022: €4k
2023: €-5k
2018 → 2024
Working capital
€-63k▲ 24.6%
2023 · €-83k
2018: €-51k
2019: €-57k
2020: €-61k
2022: €-77k
2023: €-83k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202220232024Trend
Equity€-55k-€-59k▼ 7.3%€-55k▲ 6.1%€-60k▼ 8.8%€-45k▲ 25.5%
Operating result€-6k-€-4k▲ 36.4%€4k€-3k€20k
Net result€-6k-€-4k▲ 32.7%€4k€-5k€15k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €20k after a loss of €3k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €34k
Fixed assets
€18k ▼ 22.1%
Current assets
€16k ▲ 0.5%
Key figures and ratios
EBITDA
€25k▲
2023 · €2k
Cash flow
€20k▲
2023 · €273
Solvency
-132.9%▲
2023 · -155.2%
Current ratio
0.20▲
2023 · 0.16
Debt to equity
-1.75▼
2023 · -1.64
ROA
45.6%▲
2023 · -12.5%
Interest coverage
5.79▲
2023 · 1.16
Debt
€78k▼
2023 · €99k
Debt ≤ 1 year
€78k▼
2023 · €99k
Staff costs
€38k▼
2023 · €44k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€39k€34k▼
Fixed assets21/28€23k€18k▼
Tangible fixed assets22/27€23k€18k▼
Plant, machinery and equipment23€23k€18k▼
Furniture and vehicles24€289€170▼
Financial fixed assets28€65€65=
Current assets29/58€15k€16k▲
Amounts receivable within one year40/41€9k€3k▼
Other amounts receivable41€9k€3k▼
Cash at bank and in hand54/58€6k€12k▲
Equity and liabilities
Total equity and liabilities10/49€39k€34k▼
Equity10/15€-60k€-45k▲
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Profit (loss) carried forward14€-66k€-51k▲
Amounts payable17/49€99k€78k▼
Amounts payable within one year42/48€99k€78k▼
Trade debts44€34k€12k▼
Suppliers440/4€34k€12k▼
Taxes, remuneration and social security45€9k€15k▲
Taxes450/3€674€135▼
Remuneration and social security454/9€8k€15k▲
Other amounts payable47/48€56k€51k▼
Income statement
Code20232024
Remuneration, social security and pensions62€44k€38k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Other operating charges640/8€1k€2k▲
Gross operating margin9900€47k€65k▲
Operating profit (loss)9901€-3k€20k▲
Financial income75/76B-€11
Recurring financial income75-€11
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€-5k€15k▲
Profit (loss) for the period9904€-5k€15k▲
Profit (loss) for the period to be appropriated9905€-5k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-66k€-51k▲
Profit (loss) brought forward from the previous period14P€-61k€-66k▼
Social balance
Average headcount (FTE)90872.02.0=
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
27-08
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL BONGAERT AVENUE DE LA LIBERTE 175, 1080 MOLENBEEK-SAINT-JEAN · event 12-08-2026
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 26 days late
16-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 320 days late
2024
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-12
Financial
Back to profitnet €4k
Net result €4k after 3 loss-making years.
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 48 days late
2019
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 23 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2014
19-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 19 days late
2013
21-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vrijheidslaan 1751080 Sint-Jans-MolenbeekGround area
417 m²
Building footprint
329 m²
Volume, LiDAR
2,359 m³
2 parcels, Brussels · tallest building 15.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Boulangerie-Pâtisserie-Traiteur Bongaert
since 20072.159.606.218
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21526D0069/02A005 | Brussels | 310 m² | 1 · 243 m² | 10.9 m · 2 fl. |
| 21908E0232/00E005 | Brussels | 107 m² | 1 · 87 m² | 15.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | POL MASSART RUE DES ALLIéS 22 BP.0, 1190 FOREST- |
12-08-2026 → present |
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Of 4,226 companies in sector 10712 we hold annual accounts for 1,870. 469 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-02-2007
Fiscal year end31-12
Activities, NACEBEL 2025
10712Artisanal bread and fresh pastry making
10720Manufacture of food products
47241Retail sale of bread and pastry (bakery outlets)
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0474356482