ACTIVE

FIRMENICH BELGIUM

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Financial year 2025 · Closed on 31/12/2025

Net result5 M €-2,4 %over 1 year
Revenue103,7 M €+1,1 %over 1 year
Equity29,6 M €-3,3 %over 1 year
Workforce275,3 ETP+7,5 %over 1 year

Identity

Source · BCE/KBO

FIRMENICH BELGIUM is a Public limited company incorporated in 1973. Its main activity is: Manufacture of fruit and vegetable juice. Its registered office is in Ottignies-Louvain-la-Neuve. It employs on average 275,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0413.672.534
Incorporation
19/09/1973
Legal form
Public limited company
Registered office
Avenue Jean-Etienne Lenoir 9
1348 Ottignies-Louvain-la-Neuve · WallonieSee on map
Contributed capital
5 123 781,57 €
Latest accounts
31/12/2025
Average workforce
275,3 ETP
Joint committees (3)
  • 100
  • 116
  • 207
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 13 financial years

20252024202320222021
Income statement
Revenue103,7 M €102,6 M €138,9 M €90,5 M €78 M €
EBITDA11,5 M €9,1 M €10,3 M €7 M €4 M €
Operating result7,2 M €6,6 M €7,9 M €4,6 M €2,2 M €
Net result5 M €5,1 M €6,2 M €2,8 M €1,6 M €
Balance sheet
Equity29,6 M €30,6 M €35,5 M €29,3 M €26,5 M €
Total assets62,6 M €73,8 M €75,8 M €68 M €50,7 M €
Cash13,4 M €20,3 M €31,4 M €18,1 M €10,3 M €
Debts32,9 M €43,2 M €40,2 M €38,7 M €24,1 M €
Other
Workforce275,3 ETP256,0 ETP239,7 ETP230,6 ETP237,0 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 31/12/2025

5 active · 24 ended

Active mandates

Madeleine Renninger

Director · since 01 juillet 2025 · until 09 avril 2030

Active
Caroline Waleffe

Director · since 09 avril 2024 · until 01 juillet 2025

Active
Elodie Bouchard

Chairman of the board of directors · since 09 avril 2024 · until 09 avril 2030

Active
Karel Stoschek

Director · since 09 avril 2024 · until 09 avril 2030

Active
Pierre de Munck

Director · since 09 avril 2024 · until 09 avril 2030

Active

Ended mandates

Caroline Waleffe

Director · since 09 avril 2024 · until 09 avril 2030

Ended
Olivier Burlet

Director · since 01 mars 2022 · until 10 octobre 2023

Ended
Olivier Burlet

Director · since 01 mars 2022 · until 09 avril 2024

Ended
Laurent Brauns

Director · since 14 octobre 2021 · until 28 février 2022

Ended

Other companies at this address

Avenue Jean-Etienne Lenoir 9 1348 Ottignies-Louvain-la-Neuve
CompanyCBE no.
GROUPEMENT DES FABRICANTS, IMPORTATEURS ET UTILISATEURS D'AROMES, ESSENCES, EXTRAIT ET PRODUITS AROMATIQUES● Active
0445.592.957

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/07/202201/07/202101/07/202001/07/2019
Closing of the financial year31/12/202531/12/202431/12/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months18 months12 months12 months12 months
Filing date09/06/202619/05/202529/04/202402/11/202223/11/202110/11/2020
General meeting14/04/202608/04/202509/04/202411/10/202212/10/202113/10/2020
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, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202514/04/202609/06/2026FrenchPDF
Full model31/12/202408/04/202519/05/2025FrenchPDF
Full model31/12/202309/04/202429/04/2024FrenchPDF
Full modelCorrection30/06/202211/10/202213/12/2023FrenchPDF
Full model30/06/202211/10/202202/11/2022FrenchPDF
Full model30/06/202112/10/202123/11/2021FrenchPDF
Full model30/06/202013/10/202010/11/2020FrenchPDF
Full model30/06/201908/10/201906/11/2019FrenchPDF
Full model30/06/201809/10/201824/10/2018FrenchPDF
Full model30/06/201710/10/201728/11/2017FrenchPDF
Full model30/06/201611/10/201614/11/2016FrenchPDF
Full model30/06/201513/10/201512/11/2015FrenchPDF
Full model30/06/201414/10/201414/11/2014FrenchPDF
Full model30/06/201308/10/201328/10/2013FrenchPDF
Full model30/06/201209/10/201218/10/2012FrenchPDF
Full model30/06/201128/10/201116/11/2011FrenchPDF
Full model30/06/201005/11/201016/11/2010FrenchPDF
Full model30/06/200901/10/200916/11/2009FrenchPDF
Full model30/06/200808/10/200822/10/2008FrenchPDF
Full model30/04/200714/08/200730/11/2007FrenchPDF
Full model30/04/200618/08/200622/02/2007FrenchPDF

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 31/12/2025

5 active · 24 ended

Active mandates

Madeleine Renninger

Director · since 01 juillet 2025 · until 09 avril 2030

Active
Caroline Waleffe

Director · since 09 avril 2024 · until 01 juillet 2025

Active
Elodie Bouchard

Chairman of the board of directors · since 09 avril 2024 · until 09 avril 2030

Active
Karel Stoschek

Director · since 09 avril 2024 · until 09 avril 2030

Active
Pierre de Munck

Director · since 09 avril 2024 · until 09 avril 2030

Active

Ended mandates

Caroline Waleffe

Director · since 09 avril 2024 · until 09 avril 2030

Ended
Olivier Burlet

Director · since 01 mars 2022 · until 10 octobre 2023

Ended
Olivier Burlet

Director · since 01 mars 2022 · until 09 avril 2024

Ended
Laurent Brauns

Director · since 14 octobre 2021 · until 28 février 2022

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates07/09/2026
    Démissions et nomination d'administrateurs
    PDF
  • Mandates26/08/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates20/11/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/06/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/07/2023
    DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Mandates23/09/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/05/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/03/2022
    DEMISSIONS, NOMINATIONS
    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 20255 M €↓
  2. 01/07/2025
    nominationMadeleine Renninger — administrateur
  3. 01/07/2025
    nominationMaxime Louis — commissaire
  4. 2024
    Annual accounts 20245,1 M €↓
  5. 04/04/2024
    nominationElodie Bouchard — administrateur
  6. 04/04/2024
    nominationCaroline Waleffe — administrateur
  7. 04/04/2024
    nominationPierre de Munck — administrateur
  8. 04/04/2024
    nominationKarel Stoschek — administrateur
  9. 2023
    Annual accounts 20236,2 M €↑
  10. 12/07/2022
    nominationXavier Nys — représentant permanent du commissaire
  11. 2022
    Annual accounts 20222,8 M €↑
  12. 01/03/2022
    nominationOlivier Burlet — administrateur
  13. 2021
    Annual accounts 20211,6 M €↓
  14. 2020
    Annual accounts 20204,3 M €↑
  15. 2019
    Annual accounts 2019939,1 k €↓
  16. 2018
    Annual accounts 20183,1 M €↓
  17. 2017
    Annual accounts 20174,5 M €↑
  18. 2011
    Annual accounts 20111,6 M €↓
  19. 2010
    Annual accounts 20101,8 M €↑
  20. 2009
    Annual accounts 2009127,6 k €↓
  21. 2008
    Annual accounts 200829,7 M €
  22. 19/09/1973
    IncorporationPublic limited company