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Hulstaert & Cie

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Financial year 2025 · Closed on 31/12/2025

Net result-1,7 M €-1 383,6 %over 1 year
Gross margin-240,2 k €-122,3 %over 1 year
Equity-1 M €-247,4 %over 1 year
Workforce12,7 ETP+8,5 %over 1 year

Identity

Source · BCE/KBO

Hulstaert & Cie is a Public limited company incorporated in 1972. Its main activity is: Manufacture of other food products n.e.c.. Its registered office is in Sint-Niklaas. It employs on average 12,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0412.810.917
Incorporation
28/12/1972
Legal form
Public limited company
Registered office
Europark-Oost 30
9100 Sint-Niklaas · FlandreSee on map
Contributed capital
854 400,00 €
Latest accounts
31/12/2025
Average workforce
12,7 ETP
Joint committees (2)
  • 118
  • 220
Signals
Healthy social debts

Financials

Source · NBB, 18 filings

Trend over 16 financial years

20252024202320222021
Income statement
Gross margin-240,2 k €1,1 M €1,7 M €316,7 k €1,1 M €
EBITDA-1,5 M €398,4 k €565 k €-695,4 k €62,3 k €
Operating result-1,7 M €254,8 k €447,3 k €-770,3 k €-14,8 k €
Net result-1,7 M €133,5 k €339,9 k €-844,3 k €-65 k €
Balance sheet
Equity-1 M €692,8 k €559,2 k €219,4 k €1,1 M €
Total assets4,1 M €3,1 M €3,1 M €3,4 M €3,5 M €
Cash242,1 k €1,1 M €631,6 k €40,8 k €1,1 M €
Debts5,1 M €2,4 M €2,6 M €3,2 M €2,4 M €
Other
Workforce12,7 ETP11,7 ETP19,8 ETP21,9 ETP20,7 ETP

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 14 ended

Active mandates

Federico LIONELLO

Director · since 07 janvier 2025 · until 07 janvier 2031

Active
Pierpaolo BERNO

Director · since 07 janvier 2025 · until 07 janvier 2031

Active

Ended mandates

Kathy DEJAEGHERE

Director · since 11 février 2011 · until 13 février 2015

Ended
Marc DEPUYDT

Director · since 11 février 2011 · until 13 février 2015

Ended
Mieke DEJAEGHERE

Director · since 11 février 2011 · until 13 février 2015

Ended
Daniël DEJAEGHERE

Managing director · since 13 février 2009 · until 13 février 2015

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/09/202429/08/202329/08/202229/08/202129/08/202029/08/2019
Closing of the financial year31/12/202531/08/202428/08/202328/08/202228/08/202128/08/2020
Length of the financial year16 months13 months13 months13 months13 months13 months
Filing date20/08/202616/12/202402/01/202409/01/202305/01/202217/02/2021
General meeting10/07/202630/11/202408/12/202320/12/202210/12/202112/02/2021
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, 18 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202510/07/202620/08/2026DutchPDF
Abridged model31/08/202430/11/202416/12/2024DutchPDF
Abridged model28/08/202308/12/202302/01/2024DutchPDF
Abridged model28/08/202220/12/202209/01/2023DutchPDF
Abridged model28/08/202110/12/202105/01/2022DutchPDF
Abridged model28/08/202012/02/202117/02/2021DutchPDF
Abridged model28/08/201914/02/202030/03/2020DutchPDF
Abridged model28/08/201812/01/201901/02/2019DutchPDF
Abridged model28/08/201708/12/201718/12/2017DutchPDF
Full model28/08/201628/01/201706/04/2017DutchPDF
Full model28/08/201506/02/201611/02/2016DutchPDF
Abridged model28/08/201414/02/201512/03/2015DutchPDF
Abridged model29/08/201227/02/201326/03/2013DutchPDF
Abridged model30/08/201011/02/201120/04/2011DutchPDF
Abridged model30/08/200912/02/201015/03/2010DutchPDF
Abridged model30/08/200813/02/200927/03/2009DutchPDF
Abridged model30/08/200708/02/200828/04/2008DutchPDF
Abridged model30/08/200609/02/200730/03/2007DutchPDF

Indicative valuation

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.

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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 31/12/2025

2 active · 14 ended

Active mandates

Federico LIONELLO

Director · since 07 janvier 2025 · until 07 janvier 2031

Active
Pierpaolo BERNO

Director · since 07 janvier 2025 · until 07 janvier 2031

Active

Ended mandates

Kathy DEJAEGHERE

Director · since 11 février 2011 · until 13 février 2015

Ended
Marc DEPUYDT

Director · since 11 février 2011 · until 13 février 2015

Ended
Mieke DEJAEGHERE

Director · since 11 février 2011 · until 13 février 2015

Ended
Daniël DEJAEGHERE

Managing director · since 13 février 2009 · until 13 février 2015

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates28/01/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates24/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN - BOEKJAAR
    PDF
  • Mandates21/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/10/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/03/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares10/09/2014
    KAPITAAL - AANDELEN
    PDF
  • Other16/09/2013
    BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other25/08/2011
    BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

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

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Timeline

  1. 2025
    Annual accounts 2025-1,7 M €↓
  2. 2024
    Annual accounts 2024133,5 k €↓
  3. 2023
    Annual accounts 2023339,9 k €↑
  4. 2022
    Annual accounts 2022-844,3 k €↓
  5. 2021
    Annual accounts 2021-65 k €↑
  6. 2020
    Annual accounts 2020-472,8 k €↓
  7. 2019
    Annual accounts 2019195,5 k €↓
  8. 2018
    Annual accounts 2018317,2 k €↑
  9. 2017
    Annual accounts 2017-222,7 k €↑
  10. 2015
    Annual accounts 2015-259,5 k €↓
  11. 2014
    Annual accounts 2014422 k €↑
  12. 2012
    Annual accounts 201240,5 k €↑
  13. 2010
    Annual accounts 201023,6 k €↓
  14. 2009
    Annual accounts 200938,3 k €↓
  15. 2008
    Annual accounts 200869,1 k €↑
  16. 2007
    Annual accounts 2007-31,8 k €
  17. 28/12/1972
    IncorporationPublic limited company