ACTIVE

MICHEL HOFLACK en Cie

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Financial year 2024 · Closed on 30/12/2024

Net result9,6 M €+64,6 %over 1 year

Revenue53 M €+15,4 %over 1 year

Equity100 M €+9,7 %over 1 year

Workforce7,0 ETP-4,1 %over 1 year

Identity

Source · BCE/KBO

MICHEL HOFLACK en Cie is a Private limited company incorporated in 1978. Its main activity is: Other processing and preserving of fruit and vegetables. Its registered office is in Staden. It employs on average 7,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0418.262.416
Incorporation: 27/02/1978
Legal form: Private limited company
Registered office: Voermanstraat(STA) 5
8840 Staden · FlandreSee on map
Contributed capital: 7 409 597,65 €
Latest accounts: 30/12/2024
Average workforce: 7,0 ETP

Activities (NACE)

10393Other processing and preserving of fruit and vegetables· main 10393Other processing and preserving of fruit and vegetables 46319Wholesale of fruit and vegetables 46319Wholesale of fruit and vegetables 51310Air transport 46216Wholesale of grain, unmanufactured tobacco, seeds and animal feeds+8

Joint committees (4)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 27 filings

Trend over 4 financial years

	2024		2023		2022		2021
Income statement
Revenue	53 M €	+15.4%	45,9 M €	+29.5%	35,5 M €	-12.2%	40,4 M €
EBITDA	1,3 M €	-12.1%	1,5 M €	+21.4%	1,2 M €	-27.1%	1,7 M €
Operating result	1,2 M €	-12.0%	1,4 M €	+20.8%	1,2 M €	-28.2%	1,6 M €
Net result	9,6 M €	+64.6%	5,8 M €	+851%	613,3 k €	-85.4%	4,2 M €
Balance sheet
Equity	100 M €	+9.7%	91,2 M €	+5.7%	86,2 M €	+0.6%	85,7 M €
Total assets	245,7 M €	+4.4%	235,3 M €	+1.6%	231,5 M €	+1.0%	229,3 M €
Cash	119,8 k €	-98.5%	7,8 M €	+55.3%	5 M €	-38.2%	8,1 M €
Debts	145,7 M €	+1.1%	144,1 M €	-0.8%	145,2 M €	+1.2%	143,5 M €
Other
Workforce	7,0 ETP	-4.1%	7,3 ETP	+1.4%	7,2 ETP	-2.7%	7,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/12/2024

4 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Philip Hoflack	Directorsince 18/10/2017Managersince 18/10/2017ended
Jacques Hoflack	Directorsince 27/12/2006Managersince 27/12/2006ended
Luc Hoflack	Directorsince 27/12/2006Managersince 27/12/2006ended
Marc Hoflack	Directorsince 27/12/2006Managersince 27/12/2006ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Patrick Hoflack	Managersince 27/12/2006
Patrik Hoflack	Managersince 27/12/2006
Michel Hoflack	Managersince 27/02/1978

Other companies at this address

Voermanstraat(STA) 5 8840 Staden

Company	CBE no.
Horafrost● Active	0416.216.607

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018
Closing of the financial year	30/12/2024	30/12/2023	30/12/2022	30/12/2021	30/12/2020	30/12/2019
Length of the financial year	13 months	13 months	13 months	13 months	13 months	13 months
Filing date	17/07/2025	01/07/2024	14/07/2023	25/07/2022	30/08/2021	30/07/2020
General meeting	21/06/2025	26/06/2024	12/07/2023	19/07/2022	26/08/2021	30/07/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 27 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	30/12/2024	21/06/2025	17/07/2025	Dutch	PDF
Full model	30/12/2023	26/06/2024	01/07/2024	Dutch	PDF
Full model	30/12/2022	12/07/2023	14/07/2023	Dutch	PDF
Full model	30/12/2021	19/07/2022	25/07/2022	Dutch	PDF
Full model	30/12/2020	26/08/2021	30/08/2021	Dutch	PDF
Full model	30/12/2019	30/07/2020	30/07/2020	Dutch	PDF
Full model	30/12/2018	12/07/2019	23/07/2019	Dutch	PDF
Consolidated accounts	30/12/2018	12/07/2019	23/07/2019	Dutch	PDF
Full model	30/12/2017	24/04/2018	27/07/2018	Dutch	PDF
Consolidated accounts	30/12/2017	24/07/2018	27/07/2018	Dutch	PDF
Full modelCorrection	30/12/2016	25/07/2017	16/08/2017	Dutch	PDF
Full model	30/12/2016	25/07/2017	07/08/2017	Dutch	PDF
Consolidated accounts	30/12/2016	26/10/2017	21/11/2017	Dutch	PDF
Full model	30/12/2015	18/06/2016	05/07/2016	Dutch	PDF
Consolidated accounts	30/12/2015	26/10/2017	21/11/2017	Dutch	PDF
Full model	30/12/2014	23/06/2015	03/07/2015	Dutch	PDF
Consolidated accounts	30/12/2014	23/06/2015	21/11/2017	Dutch	PDF
Full model	30/12/2013	21/06/2014	23/06/2014	Dutch	PDF
Consolidated accounts	30/12/2013	21/06/2014	21/11/2017	Dutch	PDF
Full model	30/12/2012	29/06/2013	15/07/2013	Dutch	PDF
Full model	30/12/2011	16/06/2012	30/08/2012	Dutch	PDF
Full model	30/12/2010	28/05/2011	28/06/2011	Dutch	PDF
Full modelCorrection	30/12/2009	19/06/2010	01/10/2010	Dutch	PDF
Full model	30/12/2009	19/06/2010	30/07/2010	Dutch	PDF
Full model	30/12/2008	20/06/2009	16/07/2009	Dutch	PDF
Full model	30/12/2007	20/06/2009	15/07/2009	Dutch	PDF
Full model	30/12/2006	20/06/2009	15/07/2009	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 30/12/2024

4 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Philip Hoflack	Directorsince 18/10/2017Managersince 18/10/2017ended
Jacques Hoflack	Directorsince 27/12/2006Managersince 27/12/2006ended
Luc Hoflack	Directorsince 27/12/2006Managersince 27/12/2006ended
Marc Hoflack	Directorsince 27/12/2006Managersince 27/12/2006ended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Patrick Hoflack	Managersince 27/12/2006
Patrik Hoflack	Managersince 27/12/2006
Michel Hoflack	Managersince 27/02/1978

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other30/12/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BOEKJAAR
PDF
Mandates17/08/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring22/01/2018
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring23/11/2017
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates21/11/2017
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates05/05/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/08/2013
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings4 filings

Mandates

Philip Hoflack

Marc Hoflack

Jacques Hoflack

Luc Hoflack

Patrik Hoflack

Patrick Hoflack

Michel Hoflack

1978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

MICHEL HOFLACK en Cie

Voermanstraat(STA) 5, 8840 Staden

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Voermanstraat(STA) 5, 8840 StadenCurrent	accounts 2021 → 2024	Accounts 2024 · 2025-00282752

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
MICHEL HOFLACK en CieCurrent	accounts 2007 → 2024	Accounts 2024 · 2025-00282752

Events

2024
Annual accounts 20249,6 M €↑
2023
Annual accounts 20235,8 M €↑
2022
Annual accounts 2022613,3 k €↓
19/07/2022
reconductionSven Vansteelant · commissaris
2021
Annual accounts 20214,2 M €
27/02/1978
IncorporationPrivate limited company

MICHEL HOFLACK en Cie

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events