ACTIVE

POPPIES BAKERIES

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Financial year 2025 · Closed on 31/12/2025

Net result-6,6 M €-275,3 %over 1 year
Revenue233,5 M €+4,3 %over 1 year
Equity10,3 M €-38,9 %over 1 year
Workforce34,9 ETP-3,9 %over 1 year

Identity

Source · BCE/KBO

POPPIES BAKERIES is a Public limited company incorporated in 1988. 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 34,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0435.991.442
Incorporation
30/11/1988
Legal form
Public limited company
Registered office
Kasteelstraat 29
8980 Zonnebeke · FlandreSee on map
Contributed capital
1 250 000,00 €
Latest accounts
31/12/2025
Average workforce
34,9 ETP
Joint committees (4)
  • 118
  • 11805
  • 220
  • 22000
Contacts
2 public details availableLog in to view
Signals
Good liquidityHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue233,5 M €223,8 M €218,4 M €203,9 M €260,9 M €
EBITDA-6,5 M €3,4 M €1,6 M €-3,2 M €3,2 M €
Operating result-6,8 M €3,1 M €1,3 M €-3,6 M €2,7 M €
Net result-6,6 M €3,8 M €1,2 M €-3,5 M €2,5 M €
Balance sheet
Equity10,3 M €16,9 M €14,7 M €13,5 M €17 M €
Total assets47,9 M €54,7 M €62,8 M €47,4 M €59,4 M €
Cash17,9 k €11,6 k €275,3 k €53,7 k €660,3 k €
Debts37,3 M €37,6 M €47,9 M €33,5 M €41,6 M €
Other
Workforce34,9 ETP36,3 ETP37,8 ETP38,9 ETP38,4 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

4 active · 20 ended

Active mandates

Antony Popelier

Managing director · since 24 décembre 2021 · until 19 juin 2027

Active
Brecht Castelein

Director · since 24 décembre 2021 · until 19 juin 2027

Active
Frans Castelein

Director · since 24 décembre 2021 · until 19 juin 2027

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 · until 19 juin 2027 · 0688.934.481

Represented by Patrick REEKMANS

Ended
Brecht Castelein

Director · since 01 novembre 2015

Ended
Antony Popelier

Director

Ended
Antony Popelier

Managing director · until 01 juin 2024

Ended

Other companies at this address

Kasteelstraat 29 8980 Zonnebeke
CompanyCBE no.
POPPIES BAKERIES SUPPLY● Active
0772.934.107
POPPIES BAKERIES ZONNEBEKE● Active
0430.815.602

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 date25/06/202601/07/202517/07/202406/07/202305/07/202206/07/2021
General meeting20/06/202621/06/202529/06/202430/06/202318/06/202228/06/2021
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 model31/12/202329/06/202417/07/2024DutchPDF
Full model31/12/202230/06/202306/07/2023DutchPDF
Full model31/12/202118/06/202205/07/2022DutchPDF
Full model31/12/202028/06/202106/07/2021DutchPDF
Full model31/12/201915/07/202016/07/2020DutchPDF
Full model30/12/201828/06/201917/07/2019DutchPDF
Full model30/12/201728/06/201811/07/2018DutchPDF
Full model30/12/201629/06/201705/07/2017DutchPDF
Full model30/12/201529/06/201629/06/2016DutchPDF
Full model30/12/201430/06/201516/07/2015DutchPDF
Full model30/12/201330/06/201404/07/2014DutchPDF
Full model30/12/201228/06/201312/07/2013DutchPDF
Full model30/12/201129/06/201205/07/2012DutchPDF
Full model30/12/201029/06/201112/07/2011DutchPDF
Full model30/12/200930/06/201019/07/2010DutchPDF
Full model30/12/200819/06/200903/07/2009DutchPDF
Full model30/12/200727/06/200802/07/2008DutchPDF
Full model30/12/200615/06/200728/06/2007DutchPDF

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

4 active · 20 ended

Active mandates

Antony Popelier

Managing director · since 24 décembre 2021 · until 19 juin 2027

Active
Brecht Castelein

Director · since 24 décembre 2021 · until 19 juin 2027

Active
Frans Castelein

Director · since 24 décembre 2021 · until 19 juin 2027

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 · until 19 juin 2027 · 0688.934.481

Represented by Patrick REEKMANS

Ended
Brecht Castelein

Director · since 01 novembre 2015

Ended
Antony Popelier

Director

Ended
Antony Popelier

Managing director · until 01 juin 2024

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/01/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates16/09/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other13/01/2020
    BOEKJAAR
    PDF
  • Mandates04/10/2019
    ONTSLAGEN - BENOEMINGEN
    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 2025-6,6 M €↓
  2. 2024
    Annual accounts 20243,8 M €↑
  3. 2023
    Annual accounts 20231,2 M €↑
  4. 2022
    Annual accounts 2022-3,5 M €↓
  5. 18/06/2022
    reconductionDerycke, Catry & C° BV — commissaris
  6. 2021
    Annual accounts 20212,5 M €↑
  7. 2021
    Name changePOPPIES BAKERIES
  8. 2019
    Annual accounts 20192,3 M €↑
  9. 2018
    Annual accounts 20182 M €↑
  10. 2017
    Annual accounts 20171,2 M €↑
  11. 2016
    Annual accounts 201642,5 k €↓
  12. 2015
    Annual accounts 20152,9 M €↑
  13. 2014
    Annual accounts 20141,5 M €↑
  14. 2013
    Annual accounts 2013123,4 k €↓
  15. 2012
    Annual accounts 2012417,3 k €↓
  16. 2011
    Annual accounts 20111 M €↓
  17. 2010
    Annual accounts 20103,4 M €↑
  18. 2009
    Annual accounts 20091,2 M €↑
  19. 2008
    Annual accounts 2008787,8 k €↑
  20. 2007
    Annual accounts 2007393,8 k €↓
  21. 2006
    Annual accounts 20061,5 M €
  22. 2006
    Name changePOPPIES INTERNATIONAL
  23. 30/11/1988
    IncorporationPublic limited company