ACTIVE

BÄCKEREI HEINEN

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Financial year 2025 · Closed on 30/09/2025

Net result64 k €-66,3 %over 1 year

Gross margin1,4 M €-13,1 %over 1 year

Equity1,3 M €+5,1 %over 1 year

Workforce24,2 ETP+5,2 %over 1 year

Identity

Source · BCE/KBO

BÄCKEREI HEINEN is a Public limited company incorporated in 1991. Its registered office is in Bütgenbach. It employs on average 24,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0444.696.993
Incorporation: 25/06/1991
Legal form: Public limited company
Registered office: Marktplatz 15
4750 Bütgenbach · WallonieSee on map
Contributed capital: 575 000,00 €
Latest accounts: 30/09/2025
Average workforce: 24,2 ETP

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	1,4 M €	-13.1%	1,6 M €	+9.6%	1,4 M €	+19.7%	1,2 M €	+21.7%	983,9 k €
EBITDA	286,4 k €	-37.9%	461,1 k €	+37.2%	336,1 k €	+23.9%	271,2 k €	+19.3%	227,4 k €
Operating result	97,3 k €	-64.7%	276 k €	+76.8%	156,1 k €	+58.7%	98,4 k €	+39.6%	70,5 k €
Net result	64 k €	-66.3%	190,1 k €	+88.8%	100,7 k €	+55.5%	64,7 k €	+52.0%	42,6 k €
Balance sheet
Equity	1,3 M €	+5.1%	1,2 M €	+18.1%	1 M €	+10.5%	945,1 k €	+7.3%	881,1 k €
Total assets	1,8 M €	-5.4%	1,9 M €	-3.0%	2 M €	-0.8%	2 M €	+1.5%	2 M €
Cash	353,7 k €	+1.4%	348,7 k €	+27.4%	273,6 k €	+18.7%	230,6 k €	+49.4%	154,4 k €
Debts	513,8 k €	-23.7%	673,8 k €	-27.5%	929 k €	-11.0%	1 M €	-2.5%	1,1 M €
Other
Workforce	24,2 ETP	+5.2%	23,0 ETP	-14.5%	26,9 ETP	+12.1%	24,0 ETP	+13.7%	21,1 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 30/09/2025

5 active · 24 ended

Active mandates

Hildegard GIEBELS

Director · since 21 novembre 2023 · until 20 mars 2029

Active

Luc PHILIPPAERTS

Director · since 21 novembre 2023 · until 20 mars 2029

Active

Renate HEINEN

Managing director · since 21 novembre 2023 · until 20 mars 2029

Active

Rik PHILIPPAERTS

Director · since 21 novembre 2023 · until 20 mars 2029

Active

Robert HEINEN

Chairman of the board of directors · since 21 novembre 2023 · until 20 mars 2029

Active

Ended mandates

Renate HEINEN

Director · since 21 novembre 2023 · until 20 mars 2029

Ended

Rik PHILIPPAERTS

Managing director · since 21 novembre 2023 · until 20 mars 2029

Ended

Hildegard GIEBELS

Director · since 16 mars 2021 · until 16 mars 2027

Ended

Luc PHILIPPAERTS

Director · since 16 mars 2021 · until 16 mars 2027

Ended

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	01/10/2024	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	02/04/2026	29/04/2025	17/04/2024	07/04/2023	28/04/2022	28/04/2021
General meeting	25/03/2026	31/03/2025	19/03/2024	21/03/2023	15/03/2022	16/03/2021
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
Abridged model	30/09/2025	25/03/2026	02/04/2026	French	PDF
Abridged model	30/09/2024	31/03/2025	29/04/2025	French	PDF
Abridged model	30/09/2023	19/03/2024	17/04/2024	French	PDF
Abridged model	30/09/2022	21/03/2023	07/04/2023	French	PDF
Abridged model	30/09/2021	15/03/2022	28/04/2022	French	PDF
Abridged model	30/09/2020	16/03/2021	28/04/2021	French	PDF
Abridged model	30/09/2019	17/03/2020	01/05/2020	French	PDF
Abridged model	30/09/2018	19/03/2019	29/04/2019	French	PDF
Abridged model	30/09/2017	20/03/2018	27/04/2018	French	PDF
Abridged model	30/09/2016	21/03/2017	29/05/2017	French	PDF
Abridged model	30/09/2015	15/03/2016	26/04/2016	French	PDF
Abridged model	30/09/2014	17/03/2015	27/03/2015	French	PDF
Abridged model	30/09/2013	18/03/2014	28/04/2014	French	PDF
Abridged model	30/09/2012	11/06/2013	05/07/2013	French	PDF
Abridged model	30/09/2011	29/03/2012	31/05/2012	French	PDF
Abridged model	30/09/2010	15/03/2011	30/03/2011	French	PDF
Abridged model	30/09/2009	16/03/2010	29/03/2010	French	PDF
Abridged model	30/09/2008	17/03/2009	31/03/2009	French	PDF
Abridged model	30/09/2007	18/03/2008	08/04/2008	French	PDF
Abridged model	30/09/2006	20/03/2007	29/03/2007	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 30/09/2025

5 active · 24 ended

Active mandates

Hildegard GIEBELS

Director · since 21 novembre 2023 · until 20 mars 2029

Active

Luc PHILIPPAERTS

Director · since 21 novembre 2023 · until 20 mars 2029

Active

Renate HEINEN

Managing director · since 21 novembre 2023 · until 20 mars 2029

Active

Rik PHILIPPAERTS

Director · since 21 novembre 2023 · until 20 mars 2029

Active

Robert HEINEN

Chairman of the board of directors · since 21 novembre 2023 · until 20 mars 2029

Active

Ended mandates

Renate HEINEN

Director · since 21 novembre 2023 · until 20 mars 2029

Ended

Rik PHILIPPAERTS

Managing director · since 21 novembre 2023 · until 20 mars 2029

Ended

Hildegard GIEBELS

Director · since 16 mars 2021 · until 16 mars 2027

Ended

Luc PHILIPPAERTS

Director · since 16 mars 2021 · until 16 mars 2027

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates29/12/2023
KAPITAL - AKTIEN - ENTLASSUNG - ERNENNUNG - SATZUNGEN (UEBERSETZUNG, KOORDINATION, ANDERE AENDERUNGEN, )
PDF
Mandates21/05/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates13/11/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates13/07/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates13/11/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates10/04/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates29/10/2014
DEMISSIONS, NOMINATIONS
PDF
Mandates02/10/2013
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 202564 k €↓
2025
Name changeBÄCKEREI HEINEN
2024
Annual accounts 2024190,1 k €↑
2023
Annual accounts 2023100,7 k €↑
2022
Annual accounts 202264,7 k €↑
2021
Annual accounts 202142,6 k €↓
2021
Name changeBaeckerei Heinen
2020
Annual accounts 202051,8 k €↑
2019
Annual accounts 2019-4,7 k €↑
2018
Annual accounts 2018-34,9 k €↓
2017
Annual accounts 201763,3 k €↑
2016
Annual accounts 2016-10,6 k €↓
2015
Annual accounts 201515,7 k €↓
2014
Annual accounts 201440 k €↑
2013
Annual accounts 2013-76,8 k €↓
2012
Annual accounts 2012-7,7 k €↓
2011
Annual accounts 2011-1,8 k €↑
2010
Annual accounts 2010-20,6 k €↓
2009
Annual accounts 2009176,5 k €↑
2008
Annual accounts 20086,9 k €↓
2007
Annual accounts 20076,9 k €
25/06/1991
IncorporationPublic limited company

BÄCKEREI HEINEN

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