ACTIVE

The Belgian Chocolate Group

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Financial year 2026 · Closed on 31/03/2026

Net result-1,7 M €-175,5 %over 1 year
Revenue61,9 M €+13,5 %over 1 year
Equity7,9 M €-17,4 %over 1 year
Workforce140,3 ETP-3,5 %over 1 year

Identity

Source · BCE/KBO

The Belgian Chocolate Group is a Public limited company incorporated in 1956. Its registered office is in Olen. It employs on average 140,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0403.788.036
Incorporation
24/11/1956
Legal form
Public limited company
Registered office
Geelseweg 72
2250 Olen · FlandreSee on map
Contributed capital
8 500 000,00 €
Latest accounts
31/03/2026
Average workforce
140,3 ETP
Joint committees (2)
  • 118
  • 220
Signals
Solid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20262025202420232022
Income statement
Revenue61,9 M €54,5 M €56,1 M €50,8 M €46,2 M €
EBITDA1 M €3,7 M €4 M €4 M €3 M €
Operating result-718,8 k €2 M €2,5 M €2,1 M €968,1 k €
Net result-1,7 M €2,2 M €2,6 M €2,4 M €937,7 k €
Balance sheet
Equity7,9 M €9,6 M €13,7 M €14,5 M €13,6 M €
Total assets23,6 M €21,9 M €30 M €24,4 M €22,2 M €
Cash4,8 k €210,4 k €188,4 k €240,9 k €826,8 k €
Debts15,5 M €12,2 M €16 M €9,7 M €8,2 M €
Other
Workforce140,3 ETP145,4 ETP151,2 ETP135,3 ETP140,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/03/2026

5 active · 34 ended

Active mandates

ILT

Director · since 23 mars 2026 · until 27 juin 2029 · 0543.997.081

Represented by Paul De Ridder

Active
M. CALLEBAUT CONSULTING

Director · since 16 janvier 2023 · until 24 juin 2026 · 0630.929.966

Represented by Marie-Paule CALLEBAUT

Active
Christoph PAUWELS

Director · since 05 octobre 2022 · until 24 juin 2026

Active
PAUWELS ENGINEERING

Director · since 05 octobre 2022 · until 24 juin 2026 · 0419.394.148

Represented by MARC PAUWELS

Active
Vincent DE LAET

Director · since 05 octobre 2022 · until 24 juin 2026

Active

Ended mandates

BASCO

Director · since 01 avril 2021 · until 05 octobre 2022 · 0880.106.932

Represented by BJORN COLPAERT

Ended
BASCO

Director · since 01 avril 2021 · until 24 juin 2026 · 0880.106.932

Represented by BJORN COLPAERT

Ended
NORIF

Director · since 01 avril 2021 · until 05 octobre 2022 · 0741.422.666

Represented by ADRIAAN HOOGMARTENS

Ended
NORIF

Director · since 01 avril 2021 · until 24 juin 2026 · 0741.422.666

Represented by ADRIAAN HOOGMARTENS

Ended

Other companies at this address

Geelseweg 72 2250 Olen
CompanyCBE no.
BCG BTW-eenheid● Active
0836.436.641

Full financial information

Source · NBB
202620252024202320222021
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/04/202501/04/202401/04/202301/04/202201/04/202101/04/2020
Closing of the financial year31/03/202631/03/202531/03/202431/03/202331/03/202231/03/2021
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/07/202623/07/202525/07/202426/07/202327/07/202222/07/2021
General meeting24/06/202625/06/202526/06/202428/06/202329/06/202230/06/2021
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 model31/03/202624/06/202622/07/2026DutchPDF
Full model31/03/202525/06/202523/07/2025DutchPDF
Full model31/03/202426/06/202425/07/2024DutchPDF
Full model31/03/202328/06/202326/07/2023DutchPDF
Full model31/03/202229/06/202227/07/2022DutchPDF
Full model31/03/202130/06/202122/07/2021DutchPDF
Full model31/03/202024/06/202015/07/2020DutchPDF
Full model31/03/201926/06/201922/07/2019DutchPDF
Full model31/03/201820/06/201812/07/2018DutchPDF
Full model31/03/201728/06/201711/07/2017DutchPDF
Full model31/03/201629/06/201607/07/2016DutchPDF
Full model31/03/201524/06/201513/07/2015DutchPDF
Full model31/03/201425/06/201410/07/2014DutchPDF
Full model31/03/201326/06/201331/07/2013DutchPDF
Full model31/03/201227/06/201231/07/2012DutchPDF
Full model31/03/201112/09/201130/09/2011DutchPDF
Full model31/03/201001/06/201001/10/2010DutchPDF
Full model31/03/200901/06/200902/07/2009DutchPDF
Full model31/03/200827/06/200829/09/2008DutchPDF
Full model31/12/200629/06/200713/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/03/2026

5 active · 34 ended

Active mandates

ILT

Director · since 23 mars 2026 · until 27 juin 2029 · 0543.997.081

Represented by Paul De Ridder

Active
M. CALLEBAUT CONSULTING

Director · since 16 janvier 2023 · until 24 juin 2026 · 0630.929.966

Represented by Marie-Paule CALLEBAUT

Active
Christoph PAUWELS

Director · since 05 octobre 2022 · until 24 juin 2026

Active
PAUWELS ENGINEERING

Director · since 05 octobre 2022 · until 24 juin 2026 · 0419.394.148

Represented by MARC PAUWELS

Active
Vincent DE LAET

Director · since 05 octobre 2022 · until 24 juin 2026

Active

Ended mandates

BASCO

Director · since 01 avril 2021 · until 05 octobre 2022 · 0880.106.932

Represented by BJORN COLPAERT

Ended
BASCO

Director · since 01 avril 2021 · until 24 juin 2026 · 0880.106.932

Represented by BJORN COLPAERT

Ended
NORIF

Director · since 01 avril 2021 · until 05 octobre 2022 · 0741.422.666

Represented by ADRIAAN HOOGMARTENS

Ended
NORIF

Director · since 01 avril 2021 · until 24 juin 2026 · 0741.422.666

Represented by ADRIAAN HOOGMARTENS

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates21/09/2026
    Benoeming lid van de Raad van Toezicht - Ontslag en benoeming leden van
    PDF
  • Mandates26/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares09/09/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates04/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/10/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/08/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/04/2020
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2026
    Annual accounts 2026-1,7 M €↓
  2. 2025
    Annual accounts 20252,2 M €↓
  3. 2024
    Annual accounts 20242,6 M €↑
  4. 2023
    Annual accounts 20232,4 M €↑
  5. 2022
    Annual accounts 2022937,7 k €↑
  6. 2021
    Annual accounts 2021513,9 k €↓
  7. 2020
    Annual accounts 2020863,6 k €↑
  8. 2019
    Annual accounts 2019-648,7 k €↓
  9. 2018
    Annual accounts 2018249,1 k €↑
  10. 2016
    Annual accounts 20164,3 k €↓
  11. 2014
    Annual accounts 2014271,6 k €↓
  12. 2013
    Annual accounts 2013909,2 k €↑
  13. 2012
    Annual accounts 201245,2 k €↑
  14. 2011
    Annual accounts 201113,2 k €↑
  15. 2010
    Annual accounts 2010-199,6 k €↓
  16. 2009
    Annual accounts 2009-138,7 k €↓
  17. 2008
    Annual accounts 2008911,8 k €↑
  18. 2006
    Annual accounts 2006207,5 k €
  19. 24/11/1956
    IncorporationPublic limited company