ACTIVE

LA FLEUR DU PAIN

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Financial year 2025 · Closed on 31/12/2025

Net result92,5 k €-60,2 %over 1 year

Gross margin4,5 M €+13,2 %over 1 year

Equity788,6 k €-20,0 %over 1 year

Workforce67,6 ETP+7,3 %over 1 year

Identity

Source · BCE/KBO

LA FLEUR DU PAIN is a Public limited company incorporated in 1990. Its main activity is: Manufacture of bread; manufacture of fresh pastry goods and cakes. Its registered office is in Ganshoren. It employs on average 67,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0441.294.867
Incorporation: 26/07/1990
Legal form: Public limited company
Registered office: Avenue de Rusatira 7
1083 Ganshoren · BruxellesSee on map
Contributed capital: 172 626,51 €
Latest accounts: 31/12/2025
Average workforce: 67,6 ETP

Activities (NACE)

10711Manufacture of bread; manufacture of fresh pastry goods and cakes· main 10711Manufacture of bread; manufacture of fresh pastry goods and cakes 15811Manufacture of leather and related products

Joint committees (3)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	4,5 M €	+13.2%	3,9 M €	+5.4%	3,7 M €	+12.9%	3,3 M €	+39.6%	2,4 M €
EBITDA	702,5 k €	+9.7%	640,3 k €	-21.2%	812,3 k €	-6.4%	867,7 k €	+99.6%	434,8 k €
Operating result	225,9 k €	-30.5%	325,1 k €	-40.1%	542,4 k €	-14.2%	631,9 k €	+199%	211 k €
Net result	92,5 k €	-60.2%	232,4 k €	-36.5%	365,7 k €	-16.6%	438,5 k €	+270%	118,5 k €
Balance sheet
Equity	788,6 k €	-20.0%	986,2 k €	-23.6%	1,3 M €	+38.3%	932,9 k €	+85.2%	503,7 k €
Total assets	3 M €	-5.7%	3,2 M €	+1.6%	3,2 M €	+23.3%	2,6 M €	+31.9%	1,9 M €
Cash	410,8 k €	-48.9%	803,8 k €	+269%	217,9 k €	-70.4%	737,3 k €	+24.2%	593,7 k €
Debts	2,2 M €	+0.7%	2,2 M €	+21.6%	1,8 M €	+12.2%	1,6 M €	+13.2%	1,4 M €
Other
Workforce	67,6 ETP	+7.3%	63,0 ETP	+8.4%	58,1 ETP		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
LEVAIN BELGIQUE1034.692.961Represented by Michael Dawidowicz	Managing directorsince 18/03/2026
Frederic Lalos	Mandate
Michael Dawidowicz	Mandate

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Amaury Richard	Director26/06/2012 → 2017 accounts
Audrey RICHARD	Director26/06/2012 → 2017 accounts

Other companies at this address

Avenue de Rusatira 7 1083 Ganshoren

Company	CBE no.
LA FLEUR DU PAIN HOLDING● Active	0450.737.422
LA FLEUR DU PAIN IMMO● Active	0754.907.646

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/07/2026	09/07/2025	17/07/2024	11/07/2023	20/07/2022	27/07/2021
General meeting	30/06/2026	23/06/2025	27/06/2024	27/06/2023	28/06/2022	29/06/2021
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, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	29/07/2026	French	PDF
Abridged model	31/12/2024	23/06/2025	09/07/2025	French	PDF
Abridged model	31/12/2023	27/06/2024	17/07/2024	French	PDF
Abridged model	31/12/2022	27/06/2023	11/07/2023	French	PDF
Abridged model	31/12/2021	28/06/2022	20/07/2022	French	PDF
Abridged model	31/12/2020	29/06/2021	27/07/2021	French	PDF
Abridged model	31/12/2019	30/06/2020	28/07/2020	French	PDF
Abridged model	31/12/2018	25/06/2019	08/07/2019	French	PDF
Abridged model	31/12/2017	26/06/2018	24/07/2018	French	PDF
Abridged model	31/12/2016	13/06/2017	12/07/2017	French	PDF
Abridged model	31/12/2015	29/06/2016	27/07/2016	French	PDF
Abridged model	31/12/2014	24/06/2015	13/07/2015	French	PDF
Abridged model	31/12/2013	24/06/2014	18/07/2014	French	PDF
Abridged model	31/12/2012	25/06/2013	28/08/2013	French	PDF
Abridged model	31/12/2011	26/06/2012	27/08/2012	French	PDF
Abridged model	31/12/2010	28/06/2011	25/08/2011	French	PDF
Abridged model	31/12/2009	29/06/2010	18/08/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	29/07/2009	French	PDF
Abridged model	31/12/2007	24/06/2008	24/07/2008	French	PDF
Abridged model	31/12/2006	26/06/2007	23/07/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
LEVAIN BELGIQUE1034.692.961Represented by Michael Dawidowicz	Managing directorsince 18/03/2026
Frederic Lalos	Mandate
Michael Dawidowicz	Mandate

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Amaury Richard	Director26/06/2012 → 2017 accounts
Audrey RICHARD	Director26/06/2012 → 2017 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates20/04/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates06/06/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Mandates31/07/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates19/07/2016
Imm-O-Buro-invest SA, Administrateur délégué.
PDF
Restructuring14/08/2014
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring27/05/2014
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
PDF
Capital / shares03/02/2014
CAPITAL, ACTIONS
PDF
Mandates05/10/2012
DEMISSIONS, NOMINATIONS
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

Filings20 filings

Mandates

LEVAIN BELGIQUE

Frederic Lalos

Michael Dawidowicz

Amaury Richard

LA FLEUR DU PAIN HOLDING

Chloe RICHARD

Cloé RICHARD

Audrey RICHARD

Xavier RICHARD

Didier RICHARD

1990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

LA FLEUR DU PAIN

Avenue de Rusatira 7, 1083 Ganshoren

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue de Rusatira 7, 1083 GanshorenCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00348904

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
LA FLEUR DU PAINCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00348904

Events

2025
Annual accounts 202592,5 k €↓
2024
Annual accounts 2024232,4 k €↓
2023
Annual accounts 2023365,7 k €↓
2022
Annual accounts 2022438,5 k €↑
2021
Annual accounts 2021118,5 k €↑
2020
Annual accounts 202097,2 k €↓
2019
Annual accounts 2019375,9 k €↑
2018
Annual accounts 2018139,2 k €↑
2017
Annual accounts 201790,7 k €↑
2016
Annual accounts 201643 k €↑
2015
Annual accounts 2015-8,6 k €↓
2014
Annual accounts 201410,1 k €↑
2013
Annual accounts 20136,7 k €↑
2012
Annual accounts 2012-161,6 k €↓
2011
Annual accounts 2011-12 k €↓
2010
Annual accounts 201018,9 k €↑
2009
Annual accounts 2009-15,5 k €↓
2008
Annual accounts 20088,4 k €↑
2007
Annual accounts 2007-36,8 k €↓
2006
Annual accounts 200674,3 k €
26/07/1990
IncorporationPublic limited company

LA FLEUR DU PAIN

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