ACTIVE

UNITED BEET SEEDS BELGIUM

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Financial year 2025 · Closed on 29/06/2025

Net result28,1 M €-15,1 %over 1 year
Revenue189,5 M €+6,9 %over 1 year
Equity72,3 M €+12,5 %over 1 year
Workforce224,7 ETP-9,9 %over 1 year

Identity

Source · BCE/KBO

UNITED BEET SEEDS BELGIUM is a Public limited company incorporated in 1987. Its main activity is: Manufacture of other food products n.e.c.. Its registered office is in Tienen. It employs on average 224,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0431.431.749
Incorporation
12/06/1987
Legal form
Public limited company
Registered office
Industriepark 15
3300 Tienen · FlandreSee on map
Contributed capital
29 022 266,02 €
Latest accounts
29/06/2025
Average workforce
224,7 ETP
Joint committees (3)
  • 144
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 27 filings

Trend over 16 financial years

20252024202320222021
Income statement
Revenue189,5 M €177,3 M €154,1 M €118,7 M €123,9 M €
EBITDA34,6 M €50,2 M €20,3 M €-886,8 k €2,7 M €
Operating result32,9 M €46,3 M €16,2 M €-4 M €-2,3 M €
Net result28,1 M €33,1 M €14 M €-7,8 M €-5,2 M €
Balance sheet
Equity72,3 M €64,3 M €62,2 M €48,3 M €56,1 M €
Total assets148,3 M €118 M €125,5 M €118,7 M €135,1 M €
Cash5,9 M €16,4 M €3,2 M €2,5 M €3,4 M €
Debts74,1 M €51,7 M €61 M €67,3 M €75,1 M €
Other
Workforce224,7 ETP249,5 ETP260,6 ETP270,7 ETP282,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€
See the valuation

Board of directors

Source · NBB, accounts to 29/06/2025

5 active · 25 ended

Active mandates

LILIAN ESCALON

Managing director · since 01 novembre 2024 · until 27 novembre 2029

Active
BRUNO DESPREZ

Director · since 01 octobre 2024 · until 27 novembre 2029

Active
FRANCOIS DESPREZ

Chairman of the board of directors · since 01 octobre 2024 · until 27 novembre 2029

Active
JOOST VAN KOOT

Managing director · since 01 octobre 2024 · until 27 novembre 2029

Active
MARIN DESPREZ

Director · since 01 octobre 2024 · until 27 novembre 2029

Active

Ended mandates

BRUNO DESPREZ

Director · since 01 juillet 2020 · until 25 novembre 2025

Ended
cFOS

Managing director · since 01 juillet 2020 · until 25 novembre 2025 · 0748.870.583

Represented by Stijn Van Molle

Ended
CHRISTIANE VANLEEUW

Director · since 01 juillet 2020 · until 24 novembre 2020

Ended
FRANCOIS DESPREZ

Chairman of the board of directors · since 01 juillet 2020 · until 25 novembre 2025

Ended

Other companies at this address

Industriepark 15 3300 Tienen
CompanyCBE no.
Florimond Desprez Belgium● Active
1007.040.736
United Beet Seeds● Active
1005.997.787

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year30/06/202430/06/202330/06/202230/06/202130/06/202030/06/2019
Closing of the financial year29/06/202529/06/202429/06/202329/06/202229/06/202129/06/2020
Length of the financial year13 months13 months13 months13 months13 months13 months
Filing date15/01/202623/01/202522/12/202315/12/202217/12/202117/12/2020
General meeting17/12/202526/11/202428/11/202329/11/202230/11/202124/11/2020
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, 27 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model29/06/202517/12/202515/01/2026DutchPDF
Consolidated accounts29/06/202517/12/202515/01/2026DutchPDF
Full model29/06/202426/11/202423/01/2025DutchPDF
Consolidated accounts29/06/202426/11/202410/01/2025DutchPDF
Full model29/06/202328/11/202322/12/2023DutchPDF
Consolidated accounts29/06/202328/11/202322/12/2023DutchPDF
Full model29/06/202229/11/202215/12/2022DutchPDF
Consolidated accounts29/06/202229/11/202215/12/2022DutchPDF
Full model29/06/202130/11/202117/12/2021DutchPDF
Consolidated accounts29/06/202101/01/999917/12/2021DutchPDF
Full model29/06/202024/11/202017/12/2020DutchPDF
Consolidated accounts29/06/202024/11/202017/12/2020DutchPDF
Full model29/06/201926/11/201919/12/2019DutchPDF
Consolidated accounts29/06/201926/11/201919/12/2019DutchPDF
Full model29/06/201827/11/201821/12/2018DutchPDF
Consolidated accounts29/06/201827/11/201821/12/2018DutchPDF
Full model29/06/201728/11/201720/12/2017DutchPDF
Consolidated accounts29/06/201728/11/201721/12/2017DutchPDF
Full model29/06/201629/11/201624/12/2016DutchPDF
Full model30/06/201425/11/201413/01/2015DutchPDF
Full model30/06/201326/11/201310/02/2014DutchPDF
Full model30/06/201227/11/201221/12/2012DutchPDF
Full model30/06/201129/11/201123/12/2011DutchPDF
Full model30/06/201030/11/201010/12/2010DutchPDF

View all 27 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 M€ and 500 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 29/06/2025

5 active · 25 ended

Active mandates

LILIAN ESCALON

Managing director · since 01 novembre 2024 · until 27 novembre 2029

Active
BRUNO DESPREZ

Director · since 01 octobre 2024 · until 27 novembre 2029

Active
FRANCOIS DESPREZ

Chairman of the board of directors · since 01 octobre 2024 · until 27 novembre 2029

Active
JOOST VAN KOOT

Managing director · since 01 octobre 2024 · until 27 novembre 2029

Active
MARIN DESPREZ

Director · since 01 octobre 2024 · until 27 novembre 2029

Active

Ended mandates

BRUNO DESPREZ

Director · since 01 juillet 2020 · until 25 novembre 2025

Ended
cFOS

Managing director · since 01 juillet 2020 · until 25 novembre 2025 · 0748.870.583

Represented by Stijn Van Molle

Ended
CHRISTIANE VANLEEUW

Director · since 01 juillet 2020 · until 24 novembre 2020

Ended
FRANCOIS DESPREZ

Chairman of the board of directors · since 01 juillet 2020 · until 25 novembre 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates09/07/2026
    BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares21/06/2024
    KAPITAAL - AANDELEN
    PDF
  • Restructuring19/06/2024
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring26/03/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring01/08/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - BOEKJAAR
    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 202528,1 M €↓
  2. 01/11/2024
    nominationLilian Escalon — bestuurder
  3. 01/10/2024
    nominationJohannes (Joost) Van Koot — bestuurder
  4. 01/10/2024
    reconductionFrançois Desprez — Voorzitter van de Raad van Bestuur
  5. 01/10/2024
    reconductionBruno Desprez — Bestuurder
  6. 01/10/2024
    reconductionMarin Desprez — Bestuurder
  7. 2024
    Annual accounts 202433,1 M €↑
  8. 31/05/2024
    reduction_capital
  9. 31/05/2024
    augmentation_capital
  10. 24/04/2024
    cession
  11. 11/03/2024
    constitution
  12. 01/01/2024
    splitSESVanderhave B.V.
  13. 28/11/2023
    reconductionEY Bedrijfsrevisoren BV — Commissaris
  14. 2023
    Annual accounts 202314 M €↑
  15. 2022
    Annual accounts 2022-7,8 M €↓
  16. 2021
    Annual accounts 2021-5,2 M €↑
  17. 2020
    Annual accounts 2020-16,4 M €↓
  18. 2019
    Annual accounts 2019-349,5 k €↓
  19. 2018
    Annual accounts 201823,9 M €↑
  20. 2017
    Annual accounts 20178,8 M €↑
  21. 2016
    Annual accounts 2016-31,6 M €↓
  22. 2014
    Annual accounts 201412,9 M €↓
  23. 2013
    Annual accounts 201324,5 M €↓
  24. 2012
    Annual accounts 201232,7 M €↑
  25. 2011
    Annual accounts 201126,3 M €↑
  26. 2010
    Annual accounts 201016,5 M €↑
  27. 2009
    Annual accounts 20093,8 M €
  28. 12/06/1987
    IncorporationPublic limited company