ACTIVE

Starfresh Liège

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Financial year 2025 · Closed on 30/09/2025

Net result749,2 k €+29,9 %over 1 year

Revenue53 M €+15,0 %over 1 year

Equity4,1 M €+22,6 %over 1 year

Workforce85,2 ETP+14,8 %over 1 year

Identity

Source · BCE/KBO

Starfresh Liège is a Public limited company incorporated in 1991. Its registered office is in Liège. It employs on average 85,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0444.671.457
Incorporation: 12/07/1991
Legal form: Public limited company
Registered office: Rue de Droixhe 12
4020 Liège · WallonieSee on map
Contributed capital: 173 600,00 €
Latest accounts: 30/09/2025
Average workforce: 85,2 ETP

Joint committees (3)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	53 M €	+15.0%	46,1 M €	+28.9%	35,8 M €	+10.1%	32,5 M €	+2.7%	31,6 M €
EBITDA	2,4 M €	+34.9%	1,7 M €	+51.8%	1,2 M €	-11.4%	1,3 M €	-7.4%	1,4 M €
Operating result	1,4 M €	+34.5%	1 M €	+111%	488,1 k €	-29.8%	695,8 k €	-0.2%	697,3 k €
Net result	749,2 k €	+29.9%	576,6 k €	+152%	228,4 k €	-42.8%	399,2 k €	+9.2%	365,7 k €
Balance sheet
Equity	4,1 M €	+22.6%	3,3 M €	+21.1%	2,7 M €	+9.1%	2,5 M €	+19.0%	2,1 M €
Total assets	23,2 M €	+2.6%	22,6 M €	+40.5%	16,1 M €	+7.5%	15 M €	-3.7%	15,6 M €
Cash	284,9 k €	+30.0%	219,1 k €	+39.8%	156,7 k €	+32.1%	118,7 k €	+87.5%	63,3 k €
Debts	18,8 M €	-2.4%	19,2 M €	+45.1%	13,3 M €	+7.3%	12,4 M €	-7.1%	13,3 M €
Other
Workforce	85,2 ETP	+14.8%	74,2 ETP	+19.5%	62,1 ETP	+5.8%	58,7 ETP	+10.5%	53,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

2 active · 11 ended

Active mandates

Achiel DE WITTE

Managing director · since 22 mars 2023 · until 21 mars 2029

Active

Guy HAEKENS

Managing director · since 22 mars 2023 · until 21 mars 2029

Active

Ended mandates

Achiel DE WITTE

Managing director · since 31 juillet 2021 · until 31 juillet 2027

Ended

Guy HAEKENS

Managing director · since 31 juillet 2021 · until 31 juillet 2027

Ended

Achiel DE WITTE

Director · since 17 décembre 2015 · until 17 décembre 2021

Ended

Guy HAEKENS

Managing director · since 17 décembre 2015 · until 16 décembre 2021

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/04/2026	30/04/2025	22/05/2024	25/05/2023	29/04/2022	30/04/2021
General meeting	27/03/2026	23/04/2025	29/03/2024	26/04/2023	28/03/2022	26/03/2021
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
Full model	30/09/2025	27/03/2026	30/04/2026	French	PDF
Full model	30/09/2024	23/04/2025	30/04/2025	French	PDF
Full model	30/09/2023	29/03/2024	22/05/2024	French	PDF
Full model	30/09/2022	26/04/2023	25/05/2023	French	PDF
Full model	30/09/2021	28/03/2022	29/04/2022	French	PDF
Full model	30/09/2020	26/03/2021	30/04/2021	French	PDF
Full model	30/09/2019	27/03/2020	27/05/2020	French	PDF
Full model	30/09/2018	29/03/2019	07/05/2019	French	PDF
Full model	30/09/2017	28/03/2018	27/04/2018	French	PDF
Full model	30/09/2016	28/03/2017	03/05/2017	French	PDF
Full model	30/09/2015	30/03/2016	12/04/2016	French	PDF
Full model	30/09/2014	27/03/2015	30/04/2015	French	PDF
Full model	30/09/2013	28/03/2014	25/04/2014	French	PDF
Full model	30/09/2012	07/03/2013	22/04/2013	French	PDF
Full model	30/09/2011	01/03/2012	06/03/2012	French	PDF
Full model	30/09/2010	03/03/2011	26/04/2011	French	PDF
Abridged model	30/09/2009	04/03/2010	26/04/2010	French	PDF
Abridged model	30/09/2008	05/03/2009	30/03/2009	French	PDF
Abridged model	30/09/2007	06/03/2008	26/03/2008	French	PDF
Abridged model	30/09/2006	01/03/2007	05/03/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 30/09/2025

2 active · 11 ended

Active mandates

Achiel DE WITTE

Managing director · since 22 mars 2023 · until 21 mars 2029

Active

Guy HAEKENS

Managing director · since 22 mars 2023 · until 21 mars 2029

Active

Ended mandates

Achiel DE WITTE

Managing director · since 31 juillet 2021 · until 31 juillet 2027

Ended

Guy HAEKENS

Managing director · since 31 juillet 2021 · until 31 juillet 2027

Ended

Achiel DE WITTE

Director · since 17 décembre 2015 · until 17 décembre 2021

Ended

Guy HAEKENS

Managing director · since 17 décembre 2015 · until 16 décembre 2021

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates09/02/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates25/09/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates10/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - KAPITAAL - AANDELEN
PDF
Mandates25/05/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates20/09/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates20/06/2019
DEMISSIONS, NOMINATIONS
PDF
Registered office22/01/2016
SIEGE SOCIAL
PDF
Restructuring06/01/2016
DENOMINATION - DEMISSIONS, NOMINATIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF

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

See the Business plan

Timeline

2025
Annual accounts 2025749,2 k €↑
2024
Annual accounts 2024576,6 k €↑
2023
Annual accounts 2023228,4 k €↓
2022
Annual accounts 2022399,2 k €↑
2021
Annual accounts 2021365,7 k €↓
2020
Annual accounts 2020421,8 k €↑
2019
Annual accounts 2019-487,8 k €↓
2018
Annual accounts 2018-64 k €↓
2017
Annual accounts 2017101,5 k €↓
2016
Annual accounts 2016826,8 k €↑
2015
Annual accounts 2015258,5 k €↑
2014
Annual accounts 2014142 k €↑
2013
Annual accounts 2013104,2 k €↑
2012
Annual accounts 201257,1 k €↓
2011
Annual accounts 2011103,7 k €↓
2010
Annual accounts 2010370,3 k €↑
2009
Annual accounts 2009324,5 k €↓
2008
Annual accounts 2008360,8 k €↑
2007
Annual accounts 2007187,1 k €
12/07/1991
IncorporationPublic limited company

Starfresh Liège

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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