ACTIVE

Farm Frites Sint-Truiden

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Financial year 2025 · Closed on 31/12/2025

Net result2,4 M €+124,3 %over 1 year

Revenue31,8 M €+44,0 %over 1 year

Equity37,5 M €+271,4 %over 1 year

Workforce110,7 ETP+25,8 %over 1 year

Identity

Source · BCE/KBO

Farm Frites Sint-Truiden is a Private limited company incorporated in 1992. Its registered office is in Sint-Truiden. It employs on average 110,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0446.447.745
Incorporation: 24/01/1992
Legal form: Private limited company
Registered office: Nijverheidslaan 5430
3800 Sint-Truiden · FlandreSee on map
Contributed capital: 32 535 645,56 €
Latest accounts: 31/12/2025
Average workforce: 110,7 ETP

Joint committees (2)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	31,8 M €	+44.0%	22,1 M €	-17.5%	26,8 M €	+31.3%	20,4 M €	+31.3%	15,5 M €
EBITDA	7,4 M €	+156%	2,9 M €	+129%	1,3 M €	+6.4%	1,2 M €	-5.0%	1,3 M €
Operating result	3,3 M €	+115%	1,5 M €	+270%	414,1 k €	+32.3%	312,9 k €	-5.4%	330,8 k €
Net result	2,4 M €	+124%	1,1 M €	+290%	278,3 k €	+34.4%	207 k €	-4.8%	217,5 k €
Balance sheet
Equity	37,5 M €	+271%	10,1 M €	+12.0%	9 M €	+3.2%	8,7 M €	+2.4%	8,5 M €
Total assets	100,8 M €	+72.4%	58,5 M €	+242%	17,1 M €	+32.2%	13 M €	+4.5%	12,4 M €
Cash	–		43,6 €	-91.6%	519,8 €	-85.4%	3,6 k €	-36.5%	5,6 k €
Debts	63,1 M €	+30.8%	48,2 M €	+501%	8 M €	+94.0%	4,1 M €	+9.6%	3,8 M €
Other
Workforce	110,7 ETP	+25.8%	88,0 ETP	+23.8%	71,1 ETP	+10.1%	64,6 ETP	+1.6%	63,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 16 ended

Active mandates

Gijs Muilenburg

Administrator - manager · since 03 décembre 2019

Active

Piet de Bruijne

Administrator - manager · since 03 décembre 2019

Active

Ended mandates

Farm Frites Beheer BV

Director · since 27 mai 2014 · until 26 mai 2019

Represented by Piet de Bruijne

Ended

Farm Frites Beheer BV

Director · since 27 mai 2014 · until 25 mai 2020

Represented by Piet de Bruijne

Ended

FARM FRITES BELGIUM

Director · since 27 mai 2014 · until 25 mai 2020 · 0424.947.694

Represented by Piet de Bruijne

Ended

FARM FRITES BELGIUM

Director · since 27 mai 2014 · until 26 mai 2019 · 0424.947.694

Represented by Piet de Bruijne

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	01/01/2025	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	12/06/2026	17/06/2025	11/06/2024	16/06/2023	23/11/2022	29/06/2021
General meeting	26/05/2026	26/05/2025	27/05/2024	22/05/2023	22/11/2022	28/06/2021
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
Full model	31/12/2025	26/05/2026	12/06/2026	Dutch	PDF
Full model	31/12/2024	26/05/2025	17/06/2025	Dutch	PDF
Full model	31/12/2023	27/05/2024	11/06/2024	Dutch	PDF
Full model	31/12/2022	22/05/2023	16/06/2023	Dutch	PDF
Full model	31/12/2021	22/11/2022	23/11/2022	Dutch	PDF
Full model	31/12/2020	28/06/2021	29/06/2021	Dutch	PDF
Full model	31/12/2019	15/01/2021	20/01/2021	Dutch	PDF
Full model	31/12/2018	27/05/2019	18/06/2019	Dutch	PDF
Full model	31/12/2017	28/05/2018	08/06/2018	Dutch	PDF
Full model	31/12/2016	22/05/2017	26/06/2017	Dutch	PDF
Full model	31/12/2015	23/05/2016	13/06/2016	Dutch	PDF
Full model	31/12/2014	26/05/2015	11/06/2015	Dutch	PDF
Full model	31/12/2013	26/05/2014	23/06/2014	Dutch	PDF
Full model	31/12/2012	27/05/2013	13/06/2013	Dutch	PDF
Full model	31/12/2011	29/05/2012	10/07/2012	Dutch	PDF
Full model	31/12/2010	23/05/2011	22/06/2011	Dutch	PDF
Full model	31/12/2009	24/05/2010	03/06/2010	Dutch	PDF
Full model	31/12/2008	25/05/2009	23/06/2009	Dutch	PDF
Full model	31/12/2007	26/05/2008	20/06/2008	Dutch	PDF
Full model	31/12/2006	29/05/2007	25/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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

2 active · 16 ended

Active mandates

Gijs Muilenburg

Administrator - manager · since 03 décembre 2019

Active

Piet de Bruijne

Administrator - manager · since 03 décembre 2019

Active

Ended mandates

Farm Frites Beheer BV

Director · since 27 mai 2014 · until 26 mai 2019

Represented by Piet de Bruijne

Ended

Farm Frites Beheer BV

Director · since 27 mai 2014 · until 25 mai 2020

Represented by Piet de Bruijne

Ended

FARM FRITES BELGIUM

Director · since 27 mai 2014 · until 25 mai 2020 · 0424.947.694

Represented by Piet de Bruijne

Ended

FARM FRITES BELGIUM

Director · since 27 mai 2014 · until 26 mai 2019 · 0424.947.694

Represented by Piet de Bruijne

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other30/06/2026
—
PDF
Other22/01/2026
DIVERSEN
PDF
Mandates21/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/01/2021
ONTSLAGEN - BENOEMINGEN
PDF
Registered office12/12/2019
BENAMING - MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates12/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/08/2016
ONTSLAGEN - BENOEMINGEN
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 20252,4 M €↑
26/05/2025
reconductionJos Briers — commissaris
2024
Annual accounts 20241,1 M €↑
2023
Annual accounts 2023278,3 k €↑
2022
Annual accounts 2022207 k €↓
2021
Annual accounts 2021217,5 k €↓
2020
Annual accounts 2020237 k €↑
2019
Annual accounts 2019231,2 k €↑
2018
Annual accounts 2018226,1 k €↑
2017
Annual accounts 2017225,5 k €↑
2016
Annual accounts 201663,3 k €↓
2015
Annual accounts 2015203,4 k €↓
2014
Annual accounts 2014232,5 k €↓
2012
Annual accounts 2012304,3 k €↓
2011
Annual accounts 2011319,6 k €↑
2010
Annual accounts 2010165,8 k €↓
2009
Annual accounts 2009356,1 k €↑
2008
Annual accounts 2008345,9 k €↓
2007
Annual accounts 2007366 k €
24/01/1992
IncorporationPrivate limited company

Farm Frites Sint-Truiden

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