ACTIVE

KRUIDVAT

Export PDF

Financial year 2025 · Closed on 28/12/2025

Net result19 M €+9,0 %over 1 year

Revenue779,5 M €+8,9 %over 1 year

Equity83,5 M €+3,6 %over 1 year

Workforce2 407,0 ETP+4,3 %over 1 year

Identity

Source · BCE/KBO

KRUIDVAT is a Private limited company incorporated in 1992. Its main activity is: Retail sale in non-specialised stores. Its registered office is in Antwerpen. It employs on average 2 407,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0446.891.668
Incorporation: 18/03/1992
Legal form: Private limited company
Registered office: Borsbeeksebrug 30
2600 Antwerpen · FlandreSee on map
Contributed capital: 68 200,00 €
Latest accounts: 28/12/2025
Average workforce: 2 407,0 ETP

Activities (NACE)

47120Retail sale in non-specialised stores· main 47192Other retail sale in non-specialised stores 47750Retail sale of cosmetic and toilet articles in specialised stores 47750Retail sale of cosmetic and toilet articles in specialised stores 52121Warehousing and storage 52330Warehousing and support activities for transportation

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 23 filings

Trend over 20 financial years

	2025		2024		2023		2023		2022
Income statement
Revenue	779,5 M €	+8.9%	715,5 M €	+8.4%	659,8 M €	+11.3%	592,8 M €	+11.8%	530,2 M €
EBITDA	34,1 M €	+8.9%	31,3 M €	+5.8%	29,6 M €	+18.0%	25,1 M €	+24.0%	20,2 M €
Operating result	25,7 M €	+9.1%	23,6 M €	+8.8%	21,7 M €	+11.2%	19,5 M €	+11.4%	17,5 M €
Net result	19 M €	+9.0%	17,4 M €	+6.4%	16,4 M €	+13.5%	14,4 M €	+12.5%	12,8 M €
Balance sheet
Equity	83,5 M €	+3.6%	80,5 M €	+3.8%	77,6 M €	+3.9%	74,7 M €	+4.1%	71,8 M €
Total assets	192,7 M €	-0.2%	193,1 M €	+9.4%	176,6 M €	+11.9%	157,7 M €	+6.9%	147,6 M €
Cash	19,1 M €	+131%	8,3 M €	-19.3%	10,3 M €	+23.1%	8,3 M €	+42.1%	5,9 M €
Debts	109,2 M €	-3.0%	112,6 M €	+13.8%	98,9 M €	+19.3%	82,9 M €	+9.7%	75,6 M €
Other
Workforce	2 407,0 ETP	+4.3%	2 307,0 ETP	+4.3%	2 211,0 ETP	+6.5%	2 075,4 ETP	+9.0%	1 904,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€

See the valuation

Board of directors

Source · NBB, accounts to 28/12/2025

6 active · 14 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Malina Man Lin Ngai	Directorsince 01/09/2024
Aalbertus Gijsbert Rik Gerrit van de Weerd	Directorsince 01/07/2019
Hubertus Cornelus Gerardus Verhoef	Directorsince 01/01/2015Manager01/01/2015 → 2018 accountsended
Erik August Heuthorst	Directorsince 01/02/2008Manager01/02/2008 → 2018 accountsended
Dominic Kai Ming Lai	Directorsince 11/12/2006Manager11/12/2006 → 2015 accountsended
Edith Shih	Directorsince 18/10/2002Manager18/10/2002 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Hubertus H.C.G. Verhoef	Managerlisted until the 2014 accounts
Erik E.A. Heuthorst	Manager01/02/2008 → 2014 accounts
Dominic K.M. Lai	Manager11/12/2006 → 2010 accounts

Other companies at this address

Borsbeeksebrug 30 2600 Antwerpen

Company	CBE no.
ABel Trust● Active	1043.406.432
ChipSoft België● Active	0812.016.890
Kuehne + Nagel● Active	0404.531.966
Kuehne + Nagel Fulfillment● Active	0455.958.002
LOGISTICS KONTICH● Active	0874.061.852
M-Pharma● Active	0678.937.543
NACORA INSURANCE BROKERS● Active	0457.398.649
Teleperformance Belgium● Active	0773.614.491

Full financial information

Source · NBB

	2025	2024	2023	2023	2022	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	30/12/2024	01/01/2024	02/01/2023	03/01/2022	28/12/2020	01/01/2020
Closing of the financial year	28/12/2025	29/12/2024	31/12/2023	01/01/2023	02/01/2022	27/12/2020
Length of the financial year	13 months	12 months	12 months	13 months	14 months	12 months
Filing date	28/09/2026	23/07/2025	17/07/2024	31/08/2023	08/08/2022	16/07/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	30/06/2023	01/07/2022	25/06/2021
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

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 23 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	28/12/2025	26/06/2026	28/09/2026	Dutch	PDF
Full model	29/12/2024	27/06/2025	23/07/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	17/07/2024	Dutch	PDF
Full model	01/01/2023	30/06/2023	31/08/2023	Dutch	PDF
Full model	02/01/2022	01/07/2022	08/08/2022	Dutch	PDF
Full model	27/12/2020	25/06/2021	16/07/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	20/07/2020	Dutch	PDF
Full model	31/12/2018	31/05/2019	17/06/2019	Dutch	PDF
Full model	31/12/2017	31/05/2018	06/06/2018	Dutch	PDF
Full model	31/12/2016	31/05/2017	16/06/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	20/07/2016	Dutch	PDF
Full model	31/12/2014	30/05/2015	22/06/2015	Dutch	PDF
Full model	31/12/2013	30/05/2014	17/06/2014	Dutch	PDF
Full model	31/12/2012	30/05/2013	20/06/2013	Dutch	PDF
Full model	31/12/2011	20/06/2012	02/07/2012	Dutch	PDF
Full model	31/12/2010	30/05/2011	24/06/2011	Dutch	PDF
Full modelCorrection	31/12/2009	31/05/2010	01/12/2010	Dutch	PDF
Full model	31/12/2009	31/05/2010	25/06/2010	Dutch	PDF
Full model	31/12/2008	30/05/2009	04/06/2009	Dutch	PDF
Full modelCorrection	31/12/2007	25/04/2008	23/10/2008	Dutch	PDF
Full model	31/12/2007	25/04/2008	26/06/2008	Dutch	PDF
Full model	31/12/2006	30/05/2007	02/07/2007	French	PDF
Full model	31/12/2006	30/05/2007	28/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 M€ and 500 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 28/12/2025

6 active · 14 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Malina Man Lin Ngai	Directorsince 01/09/2024
Aalbertus Gijsbert Rik Gerrit van de Weerd	Directorsince 01/07/2019
Hubertus Cornelus Gerardus Verhoef	Directorsince 01/01/2015Manager01/01/2015 → 2018 accountsended
Erik August Heuthorst	Directorsince 01/02/2008Manager01/02/2008 → 2018 accountsended
Dominic Kai Ming Lai	Directorsince 11/12/2006Manager11/12/2006 → 2015 accountsended
Edith Shih	Directorsince 18/10/2002Manager18/10/2002 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Hubertus H.C.G. Verhoef	Managerlisted until the 2014 accounts
Erik E.A. Heuthorst	Manager01/02/2008 → 2014 accounts
Dominic K.M. Lai	Manager11/12/2006 → 2010 accounts

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates17/08/2026
Herbenoeming van commissaris
PDF
Mandates11/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/12/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other10/02/2022
BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other06/01/2022
BOEKJAAR
PDF
Registered office04/06/2021
MAATSCHAPPELIJKE ZETEL
PDF
Mandates29/01/2021
ONTSLAGEN - BENOEMINGEN
PDF
Other19/01/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
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

Malina Man Lin Ngai

Aalbertus Gijsbert Rik Gerrit van de Weerd

Hubertus Cornelus Gerardus Verhoef

Erik August Heuthorst

Dominic Kai Ming Lai

Edith Shih

Hubertus H.C.G. Verhoef

Erik E.A. Heuthorst

Dominic K.M. Lai

Gerardus Johannes Gertrudis van Breen

Gerardus Johannes Getrudis Van Breen

Gerardus J.G. van Breen

Show the 8 other mandates

19921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

KRUIDVAT

Borsbeeksebrug 30, 2600 Berchem (Antwerp)

Director

DirectorManager

Manager

Director

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Borsbeeksebrug 30, 2600 Berchem (Antwerp)Current	accounts 2022 → 2025	Accounts 2025 · 2026-00545214

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
KRUIDVATCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00545214

Events

2025
Annual accounts 202519 M €↑
2024
Annual accounts 202417,4 M €↑
01/09/2024
nominationNGAI Man Lin Malina · bestuurder
2023
Annual accounts 202316,4 M €↑
30/06/2023
reconductionPricewaterhouseCoopers Bedrijfsrevisoren BV · commissaris
2023
Annual accounts 202314,4 M €↑
2022
Annual accounts 202212,8 M €↑
2020
Annual accounts 202010,2 M €↓
2019
Annual accounts 201910,9 M €↑
2018
Annual accounts 20189,9 M €↓
2017
Annual accounts 201710 M €↑
2016
Annual accounts 20167,8 M €↑
2015
Annual accounts 20157,6 M €↑
2014
Annual accounts 20146,9 M €↓
2013
Annual accounts 20137,3 M €↓
2012
Annual accounts 20127,8 M €↓
2011
Annual accounts 201118,5 M €↑
2010
Annual accounts 201015 M €↑
2009
Annual accounts 20099,3 M €↑
2008
Annual accounts 20083,6 M €↑
2007
Annual accounts 20071,8 M €↓
2006
Annual accounts 20064,5 M €
18/03/1992
IncorporationPrivate limited company

KRUIDVAT

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