ACTIVE

LA LORRAINE NINOVE

Financial year 2025 · Closed on 31/12/2025

Net result-9,6 M €-523,1 %over 1 year
Revenue598 M €+3,8 %over 1 year
Equity19 M €-36,1 %over 1 year
Workforce734,0 ETP+12,6 %over 1 year

Identity

Source · BCE/KBO

LA LORRAINE NINOVE is a Public limited company incorporated in 1958. Its registered office is in Ninove. It employs on average 734,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0402.225.247
Incorporation
21/08/1958
Legal form
Public limited company
Registered office
Elisabethlaan 143
9400 Ninove · FlandreSee on map
Contributed capital
2 858 082,00 €
Latest accounts
31/12/2025
Average workforce
734,0 ETP
Signals
Positive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 8 financial years

20252023202220212020
Income statement
Revenue598 M €576,2 M €522,4 M €434,3 M €389,1 M €
EBITDA9,8 M €14 M €23,8 M €15,7 M €-473,7 k €
Operating result-5 M €7,1 M €16,5 M €7,4 M €-8,4 M €
Net result-9,6 M €2,3 M €10,5 M €4,4 M €-9,3 M €
Balance sheet
Equity19 M €29,8 M €36,6 M €31,1 M €26,6 M €
Total assets137,6 M €139,9 M €115,6 M €87,7 M €82,7 M €
Cash754,4 k €772,2 k €1 M €1,9 M €1,4 M €
Debts116,7 M €108,1 M €76,8 M €54,4 M €53,5 M €
Other
Workforce734,0 ETP651,9 ETP628,5 ETP614,8 ETP617,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2022

3 active · 8 ended

Last known composition, from the accounts closed on 31/12/2022, more than two years before the latest accounts. The mandates shown may have expired.

Active mandates

L & A BUSINESS CONSULT

Director · since 28 avril 2022 · until 22 avril 2027 · 0809.073.733

Represented by Luc Verhasselt

Active
LA LORRAINE BAKERY GROUP

Managing director · since 26 avril 2018 · until 25 avril 2024 · 0412.382.632

Represented by Guido Vanherpe

Active
SHAURI

Director · since 26 avril 2018 · until 27 avril 2023 · 0469.986.675

Represented by Marc Vanherpe

Active

Ended mandates

L & A BUSINESS CONSULT

Director · since 28 avril 2022 · until 22 avril 2027 · 0809.073.733

Represented by Luc Verhasselt

Ended
SHAURI

Director · since 26 avril 2018 · until 27 avril 2023 · 0469.986.675

Represented by Marc Vanherpe

Ended
L & A BUSINESS CONSULT

Director · since 17 mars 2017 · until 28 avril 2022 · 0809.073.733

Represented by Luc Verhasselt

Ended
LA LORRAINE BAKERY GROUP

Managing director · since 28 juin 2007 · until 30 juin 2010 · 0412.382.632

Represented by vert. dr Guido Vanherpe Guido Vanherpe BVBA

Ended

Other companies at this address

Elisabethlaan 143 9400 Ninove
CompanyCBE no.
FRANZ PARVIS● Active
0806.065.644
GFSC● Active
0425.553.945
1011.652.293
0412.382.632
0449.570.848

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/05/202627/05/202507/06/202416/05/202324/05/202218/05/2021
General meeting27/04/202624/04/202525/04/202428/04/202328/04/202222/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202527/04/202629/05/2026DutchPDF
Full model31/12/202424/04/202527/05/2025DutchPDF
Full model31/12/202325/04/202407/06/2024DutchPDF
Full model31/12/202228/04/202316/05/2023DutchPDF
Full model31/12/202128/04/202224/05/2022DutchPDF
Full model31/12/202022/04/202118/05/2021DutchPDF
Full model31/12/201923/04/202020/05/2020DutchPDF
Full model31/12/201825/04/201922/05/2019DutchPDF
Full model31/12/201726/04/201829/05/2018DutchPDF
Full model31/12/201627/04/201718/05/2017DutchPDF
Full model31/12/201521/04/201624/06/2016DutchPDF
Full model31/12/201423/04/201530/04/2015DutchPDF
Full model31/12/201324/04/201412/05/2014DutchPDF
Full model31/12/201224/06/201330/08/2013DutchPDF
Full model31/12/201129/06/201231/07/2012DutchPDF
Full model31/12/201029/06/201105/08/2011DutchPDF
Full model31/12/200930/06/201031/08/2010DutchPDF
Full model31/12/200826/06/200912/01/2010DutchPDF
Full model31/12/200730/06/200830/06/2009DutchPDF
Full model31/12/200628/06/200731/08/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2022

3 active · 8 ended

Last known composition, from the accounts closed on 31/12/2022, more than two years before the latest accounts. The mandates shown may have expired.

Active mandates

L & A BUSINESS CONSULT

Director · since 28 avril 2022 · until 22 avril 2027 · 0809.073.733

Represented by Luc Verhasselt

Active
LA LORRAINE BAKERY GROUP

Managing director · since 26 avril 2018 · until 25 avril 2024 · 0412.382.632

Represented by Guido Vanherpe

Active
SHAURI

Director · since 26 avril 2018 · until 27 avril 2023 · 0469.986.675

Represented by Marc Vanherpe

Active

Ended mandates

L & A BUSINESS CONSULT

Director · since 28 avril 2022 · until 22 avril 2027 · 0809.073.733

Represented by Luc Verhasselt

Ended
SHAURI

Director · since 26 avril 2018 · until 27 avril 2023 · 0469.986.675

Represented by Marc Vanherpe

Ended
L & A BUSINESS CONSULT

Director · since 17 mars 2017 · until 28 avril 2022 · 0809.073.733

Represented by Luc Verhasselt

Ended
LA LORRAINE BAKERY GROUP

Managing director · since 28 juin 2007 · until 30 juin 2010 · 0412.382.632

Represented by vert. dr Guido Vanherpe Guido Vanherpe BVBA

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates14/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring19/02/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - KAPITAAL - AANDELEN
    PDF
  • Restructuring15/02/2024
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring13/11/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring13/11/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates23/05/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/04/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-9,6 M €↓
  2. 24/04/2025
    nominationErnst & Young Bedrijfsrevisoren BV — commissaris
  3. 25/04/2024
    nominationLLBG NV — bestuurder
  4. 2023
    Annual accounts 20232,3 M €↓
  5. 19/12/2023
    augmentation_capital
  6. 19/12/2023
    augmentation_capital
  7. 28/04/2023
    nominationShauri BV — bestuurder
  8. 2022
    Annual accounts 202210,5 M €↑
  9. 28/04/2022
    nominationErnst & Young Bedrijfsrevisoren BV — commissaris
  10. 28/04/2022
    nominationL&A Business Consult BV — bestuurder
  11. 2021
    Annual accounts 20214,4 M €↑
  12. 2020
    Annual accounts 2020-9,3 M €↓
  13. 2019
    Annual accounts 2019843,6 k €↓
  14. 2018
    Annual accounts 20184,1 M €↓
  15. 2018
    Name changeLA LORRAINE NINOVE
  16. 2009
    Annual accounts 200933,1 M €
  17. 2009
    Name changeBROOD EN BANKETBAKKERIJEN LA LORRAINE
  18. 21/08/1958
    IncorporationPublic limited company