ACTIVE

POPPIES BAKERIES ZONNEBEKE

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Financial year 2025 · Closed on 31/12/2025

Net result1,1 M €+7,6 %over 1 year
Revenue54,9 M €+7,3 %over 1 year
Equity3,7 M €-73,9 %over 1 year
Workforce162,2 ETP-3,6 %over 1 year

Identity

Source · BCE/KBO

POPPIES BAKERIES ZONNEBEKE is a Private limited company incorporated in 1987. Its main activity is: Manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes. Its registered office is in Zonnebeke. It employs on average 162,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0430.815.602
Incorporation
31/03/1987
Legal form
Private limited company
Registered office
Kasteelstraat 29
8980 Zonnebeke · FlandreSee on map
Contributed capital
19 831,48 €
Latest accounts
31/12/2025
Average workforce
162,2 ETP
Joint committees (3)
  • 118
  • 11805
  • 22000
Contacts
2 public details availableLog in to view
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue54,9 M €51,2 M €59,4 M €55,6 M €44,4 M €
EBITDA2,9 M €2,7 M €3,2 M €2,4 M €2,7 M €
Operating result1,5 M €1,2 M €1,8 M €1,3 M €2 M €
Net result1,1 M €1,1 M €1,5 M €1 M €1,6 M €
Balance sheet
Equity3,7 M €14,3 M €13,3 M €11,8 M €10,8 M €
Total assets12,6 M €19,9 M €29,5 M €17,6 M €16,1 M €
Cash––0 €233,9 €233,9 €
Debts8,9 M €5,5 M €16,2 M €5,7 M €5,3 M €
Other
Workforce162,2 ETP168,3 ETP187,8 ETP172,5 ETP150,9 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 31/12/2025

3 active · 6 ended

Active mandates

Antony Popelier

Director · since 24 décembre 2021

Active
Frans Castelein

Managing director · since 24 décembre 2021

Active
Patrick Reekmans Consulting

Director · since 24 décembre 2021 · until 20 juin 2026 · 0688.934.481

Represented by Patrick Reekmans

Active

Ended mandates

Patrick Reekmans Consulting

Director · since 24 décembre 2021 · 0688.934.481

Represented by Patrick REEKMANS

Ended
Patrick Reekmans Consulting

Director · since 24 décembre 2021 · 0688.934.481

Represented by Patrick REEKMANS

Ended
Antony Popelier

Director

Ended
Frans Castelein

Director

Ended

Other companies at this address

Kasteelstraat 29 8980 Zonnebeke
CompanyCBE no.
POPPIES BAKERIES● Active
0435.991.442
POPPIES BAKERIES SUPPLY● Active
0772.934.107

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 date25/06/202601/07/202511/07/202406/07/202306/07/202206/07/2021
General meeting20/06/202621/06/202529/06/202430/06/202330/06/202228/06/2021
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 model31/12/202520/06/202625/06/2026DutchPDF
Full model31/12/202421/06/202501/07/2025DutchPDF
Full model31/12/202329/06/202411/07/2024DutchPDF
Full model31/12/202230/06/202306/07/2023DutchPDF
Full model31/12/202130/06/202206/07/2022DutchPDF
Full model31/12/202028/06/202106/07/2021DutchPDF
Full model31/12/201915/07/202016/07/2020DutchPDF
Full model31/12/201828/06/201917/07/2019DutchPDF
Full model31/12/201728/06/201818/07/2018DutchPDF
Full model31/12/201629/06/201707/07/2017DutchPDF
Full model31/12/201529/06/201618/07/2016DutchPDF
Full model31/12/201430/06/201509/07/2015DutchPDF
Full model31/12/201330/06/201404/07/2014DutchPDF
Full model31/12/201228/06/201312/07/2013DutchPDF
Full model31/12/201129/06/201216/07/2012DutchPDF
Abridged model31/12/201017/06/201107/07/2011DutchPDF
Abridged model31/12/200919/06/201020/07/2010DutchPDF
Abridged model31/12/200819/06/200920/07/2009DutchPDF
Abridged model31/12/200720/06/200809/07/2008DutchPDF
Abridged model31/12/200622/06/200719/07/2007DutchPDF

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 31/12/2025

3 active · 6 ended

Active mandates

Antony Popelier

Director · since 24 décembre 2021

Active
Frans Castelein

Managing director · since 24 décembre 2021

Active
Patrick Reekmans Consulting

Director · since 24 décembre 2021 · until 20 juin 2026 · 0688.934.481

Represented by Patrick Reekmans

Active

Ended mandates

Patrick Reekmans Consulting

Director · since 24 décembre 2021 · 0688.934.481

Represented by Patrick REEKMANS

Ended
Patrick Reekmans Consulting

Director · since 24 décembre 2021 · 0688.934.481

Represented by Patrick REEKMANS

Ended
Antony Popelier

Director

Ended
Frans Castelein

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/01/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates16/09/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/11/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/12/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/08/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other23/12/2010
    BISCUITS E.M.
    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 20251,1 M €↑
  2. 2024
    Annual accounts 20241,1 M €↓
  3. 2023
    Annual accounts 20231,5 M €↑
  4. 2022
    Annual accounts 20221 M €↓
  5. 2021
    Annual accounts 20211,6 M €↑
  6. 2021
    Name changePOPPIES BAKERIES ZONNEBEKE
  7. 2018
    Annual accounts 20181,1 M €↑
  8. 2017
    Annual accounts 2017372,6 k €↓
  9. 2016
    Annual accounts 20161,3 M €↓
  10. 2015
    Annual accounts 20151,9 M €↑
  11. 2014
    Annual accounts 2014771,8 k €↓
  12. 2013
    Annual accounts 2013851,9 k €↑
  13. 2012
    Annual accounts 2012733,2 k €↑
  14. 2011
    Annual accounts 201162,4 k €↑
  15. 2010
    Annual accounts 2010-2,5 k €↑
  16. 2010
    Name changePOPPIES BAKERY
  17. 2009
    Annual accounts 2009-2,8 k €↑
  18. 2008
    Annual accounts 2008-3,8 k €↓
  19. 2007
    Annual accounts 2007-1,5 k €↓
  20. 2006
    Annual accounts 2006105,7 k €
  21. 2006
    Name changeBISCUITS E.M.
  22. 31/03/1987
    IncorporationPrivate limited company