l' Atelier du Pain
0446.988.371 · rovalta.com · 25/09/2026
ACTIVE
l' Atelier du Pain
Financial year 2025 · Closed on 31/12/2025
Net result549,2 k €+78,1 %over 1 year
Revenue17,2 M €+0,9 %over 1 year
Equity12,4 M €+4,6 %over 1 year
Workforce63,2 ETP-4,4 %over 1 year
Overview
Identity
Source · BCE/KBOl' Atelier du Pain is a Public limited company incorporated in 1992. Its main activity is: Manufacture of bread; manufacture of fresh pastry goods and cakes. Its registered office is in Ninove. It employs on average 63,2 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0446.988.371
- Incorporation
- 30/03/1992
- Legal form
- Public limited company
- Registered office
- Pamelstraat-Oost 430
9400 Ninove · FlandreSee on map - Contributed capital
- 23 877 685,52 €
- Latest accounts
- 31/12/2025
- Average workforce
- 63,2 ETP
Activities (NACE)
10711Manufacture of bread; manufacture of fresh pastry goods and cakes· main10711Manufacture of bread; manufacture of fresh pastry goods and cakes10712Manufacture of bread; manufacture of fresh pastry goods and cakes10712Manufacture of bread; manufacture of fresh pastry goods and cakes15812Manufacture of leather and related products
Joint committees (2)
- 118
- 220
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Financials
Source · NBB, 20 filingsTrend over 17 financial years
| 2025 | 2024 | 2022 | 2021 | 2020 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 17,2 M € | +0.9% | 17,1 M € | +12.4% | 15,2 M € | +26.5% | 12 M € | +20.2% | 10 M € |
| EBITDA | 845,4 k € | +216% | 267,8 k € | -59.7% | 664,3 k € | +355% | -260,5 k € | +76.0% | -1,1 M € |
| Operating result | 669,2 k € | +79.9% | 372 k € | +1676% | -23,6 k € | +97.6% | -986 k € | +53.9% | -2,1 M € |
| Net result | 549,2 k € | +78.1% | 308,3 k € | +509% | -75,3 k € | +99.0% | -7,8 M € | -242% | -2,3 M € |
| Balance sheet | |||||||||
| Equity | 12,4 M € | +4.6% | 11,8 M € | +2.3% | 11,6 M € | -0.6% | 11,6 M € | -40.3% | 19,5 M € |
| Total assets | 17,5 M € | +3.4% | 16,9 M € | +0.7% | 16,8 M € | -1.0% | 17 M € | -27.1% | 23,3 M € |
| Cash | 856 k € | +122% | 386 k € | -83.3% | 2,3 M € | +46.6% | 1,6 M € | -5.6% | 1,7 M € |
| Debts | 5 M € | -1.0% | 5,1 M € | -0.8% | 5,1 M € | -2.9% | 5,3 M € | +39.8% | 3,8 M € |
| Other | |||||||||
| Workforce | 63,2 ETP | -4.4% | 66,1 ETP | +2.8% | 64,3 ETP | -0.5% | 64,6 ETP | -6.4% | 69,0 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20252 active · 52 ended
Active mandates
Active
Active
Ended mandates
Financials
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 | 17/06/2026 | 04/07/2025 | 03/12/2024 | 11/10/2024 | 11/10/2024 | 25/11/2021 |
| General meeting | 26/05/2026 | 20/06/2025 | 25/10/2024 | 30/09/2024 | 30/09/2024 | 18/06/2021 |
| 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 · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 26/05/2026 | 17/06/2026 | Dutch | |
| Full model | 31/12/2024 | 20/06/2025 | 04/07/2025 | Dutch | |
| Full model | 31/12/2023 | 25/10/2024 | 03/12/2024 | Dutch | |
| Full model | 31/12/2022 | 30/09/2024 | 11/10/2024 | Dutch | |
| Full model | 31/12/2021 | 30/09/2024 | 11/10/2024 | Dutch | |
| Full model | 31/12/2020 | 18/06/2021 | 25/11/2021 | Dutch | |
| Full model | 31/12/2019 | 26/03/2021 | 25/11/2021 | Dutch | |
| Full model | 31/12/2018 | 01/10/2019 | 08/11/2019 | Dutch | |
| Full model | 31/12/2017 | 25/09/2018 | 31/10/2018 | Dutch | |
| Full model | 31/12/2016 | 16/06/2017 | 10/11/2017 | Dutch | |
| Full model | 31/12/2015 | 17/06/2016 | 26/08/2016 | Dutch | |
| Full model | 31/12/2014 | 19/06/2015 | 07/07/2015 | Dutch | |
| Full model | 31/12/2013 | 20/06/2014 | 12/08/2014 | Dutch | |
| Full model | 31/12/2012 | 21/06/2013 | 06/08/2013 | Dutch | |
| Full model | 31/12/2011 | 15/06/2012 | 11/07/2012 | Dutch | |
| Full model | 31/12/2010 | 17/06/2011 | 17/06/2011 | Dutch | |
| Full model | 31/12/2009 | 18/06/2010 | 05/07/2010 | Dutch | |
| Full model | 31/12/2008 | 30/10/2009 | 19/11/2009 | Dutch | |
| Abridged model | 31/12/2007 | 20/06/2008 | 26/08/2008 | Dutch | |
| Abridged model | 31/12/2006 | 15/06/2007 | 30/08/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20252 active · 52 ended
Active mandates
Active
Active
Ended mandates
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Other06/03/2026STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates07/05/2024ONTSLAGEN - BENOEMINGEN
- Mandates08/09/2020ONTSLAGEN - BENOEMINGEN
- Capital / shares12/06/2020STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
- Mandates22/04/2020ONTSLAGEN - BENOEMINGEN
- Other09/07/2019DIVERSEN
- Mandates01/07/2019ONTSLAGEN - BENOEMINGEN
- Mandates17/01/2019ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025549,2 k €↑
- 2024Annual accounts 2024308,3 k €↑
- 2022Annual accounts 2022-75,3 k €↑
- 2021Annual accounts 2021-7,8 M €↓
- 2020Annual accounts 2020-2,3 M €↓
- 2019Annual accounts 2019-987,6 k €↑
- 2018Annual accounts 2018-1,4 M €↓
- 2017Annual accounts 2017-440,1 k €↓
- 2016Annual accounts 2016248,7 k €↓
- 2015Annual accounts 2015458,3 k €↑
- 2015Name changel' Atelier du Pain
- 2014Annual accounts 2014195,5 k €↑
- 2013Annual accounts 201365,2 k €↑
- 2012Annual accounts 201264 k €↓
- 2009Annual accounts 2009347 k €↑
- 2008Annual accounts 2008155,6 k €↑
- 2007Annual accounts 200756,6 k €↓
- 2006Annual accounts 2006323,4 k €
- 2006Name changeBELLONA-PATIS
- 30/03/1992IncorporationPublic limited company