ACTIVE

SEYNAEVE

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Financial year 2025 · closed on 31/12/2025

Net result

165,7 k €

-9.7% YoY

Gross margin

902,9 k €

-3.7% YoY

Equity

1,1 M €

+14.4% YoY

Workforce

8,0 ETP

0.0% YoY

What does SEYNAEVE do?

SEYNAEVE is a Private limited company incorporated in 1992. Its main activity is: Manufacture of bread; manufacture of fresh pastry goods and cakes. Its registered office is in Meise. It employs on average 8,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0447.002.031

Incorporation

30/03/1992

Legal form

Private limited company

Registered office

Boechtstraat 39
1860 Meise · FlandreSee on map

Contributed capital

78 600,00 €

Latest accounts

31/12/2025

Average workforce

8,0 ETP

Activities (NACE)

10712Manufacture of bread; manufacture of fresh pastry goods and cakes· main 10712Manufacture of bread; manufacture of fresh pastry goods and cakes 15812Manufacture of leather and related products

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	902,9 k €	-3.7%	937,2 k €	+8.6%	863,1 k €	+21.3%	711,5 k €	-1.1%	719,5 k €	+9.8%	655,4 k €	+8.3%	605,2 k €	-3.0%	624,1 k €	-9.1%	686,5 k €	+5.9%	648,3 k €	+0.2%	647,3 k €	-3.5%	670,9 k €	-8.7%	734,7 k €	+18.3%	620,9 k €	+15.0%	539,8 k €	+1.0%	534,7 k €	+19.5%	447,5 k €	+13.2%	395,2 k €	+15.8%	341,4 k €	-2.0%	348,3 k €
EBITDA	374,3 k €	-1.6%	380,6 k €	+21.4%	313,5 k €	+28.2%	244,5 k €	-12.9%	280,6 k €	+20.4%	233,2 k €	+15.0%	202,8 k €	-25.9%	273,8 k €	-16.2%	326,7 k €	+7.7%	303,4 k €	-3.7%	315 k €	-9.3%	347,3 k €	-16.1%	414 k €	+33.6%	310 k €	+14.9%	269,7 k €	-11.7%	305,4 k €	+42.5%	214,2 k €	+13.5%	188,7 k €	+7.9%	174,8 k €	-6.8%	187,6 k €
Operating result	260,9 k €	-9.6%	288,7 k €	+24.2%	232,4 k €	+39.7%	166,4 k €	-12.0%	189,1 k €	+54.0%	122,9 k €	+45.6%	84,4 k €	-37.5%	135 k €	-25.2%	180,4 k €	+19.9%	150,5 k €	-4.2%	157,2 k €	-8.6%	171,9 k €	-36.5%	271 k €	+55.0%	174,8 k €	+24.3%	140,6 k €	-25.4%	188,3 k €	+51.7%	124,2 k €	+49.9%	82,8 k €	+16.5%	71,1 k €	-14.2%	82,9 k €
Net result	165,7 k €	-9.7%	183,6 k €	+35.4%	135,5 k €	+46.6%	92,4 k €	+9.5%	84,4 k €	+141%	35,1 k €	+6.0%	33,1 k €	-51.4%	68 k €	-23.7%	89,2 k €	+52.7%	58,4 k €	-20.3%	73,3 k €	-10.0%	81,5 k €	-44.5%	146,8 k €	+78.5%	82,3 k €	+21.2%	67,9 k €	-30.2%	97,3 k €	+198%	32,6 k €	+4.0%	31,4 k €	-11.9%	35,6 k €	-19.6%	44,3 k €
Balance sheet
Equity	1,1 M €	+14.4%	924,4 k €	+14.3%	808,9 k €	+8.7%	743,8 k €	-8.7%	815,1 k €	-3.7%	846 k €	-2.8%	869,9 k €	+4.0%	836,9 k €	+8.9%	768,8 k €	-14.7%	901 k €	+6.9%	842,6 k €	+9.5%	769,3 k €	+11.8%	687,8 k €	+21.6%	565,6 k €	+17.0%	483,3 k €	+16.3%	415,4 k €	+30.6%	318,1 k €	+11.4%	285,5 k €	+12.3%	254,1 k €	+60.3%	158,5 k €
Total assets	1,7 M €	+6.4%	1,6 M €	+6.5%	1,5 M €	+3.7%	1,5 M €	-7.2%	1,6 M €	-0.3%	1,6 M €	-7.8%	1,7 M €	-0.2%	1,7 M €	-3.1%	1,8 M €	-9.4%	2 M €	-2.1%	2 M €	-3.3%	2,1 M €	+3.3%	2 M €	+4.0%	1,9 M €	+1.9%	1,9 M €	+20.6%	1,6 M €	+6.0%	1,5 M €	+38.3%	1,1 M €	+3.2%	1 M €	-0.9%	1,1 M €
Cash	857,5 k €	+86.4%	460,1 k €	-4.4%	481,2 k €	-24.9%	641 k €	-13.9%	744,1 k €	+20.4%	618,1 k €	-16.7%	741,7 k €	+46.5%	506,5 k €	+8.6%	466,5 k €	-13.6%	540,1 k €	+25.7%	429,8 k €	+5.2%	408,6 k €	-9.2%	450,1 k €	+44.7%	311,1 k €	+30.6%	238,3 k €	+15.5%	206,2 k €	+42.6%	144,7 k €	+78.1%	81,2 k €	+178%	29,2 k €	-26.7%	39,8 k €
Debts	661,3 k €	-1.4%	671 k €	-2.5%	687,9 k €	-2.9%	708,3 k €	-5.6%	750,6 k €	+6.0%	707,9 k €	-15.7%	840 k €	-4.7%	881,4 k €	-11.9%	1 M €	-5.1%	1,1 M €	-8.4%	1,2 M €	-10.7%	1,3 M €	-1.4%	1,3 M €	-3.2%	1,3 M €	-3.4%	1,4 M €	+21.8%	1,1 M €	-0.1%	1,1 M €	+54.0%	745,2 k €	-4.9%	784 k €	-11.8%	889 k €
Other
Workforce	8,0 ETP	0.0%	8,0 ETP	+1.3%	7,9 ETP	-12.2%	9,0 ETP	+8.4%	8,3 ETP	+3.8%	8,0 ETP	+6.7%	7,5 ETP	+4.2%	7,2 ETP	-18.2%	8,8 ETP	+27.5%	6,9 ETP	0.0%	6,9 ETP	+1.5%	6,8 ETP	0.0%	6,8 ETP	0.0%	6,8 ETP	+9.7%	6,2 ETP	+3.3%	6,0 ETP	0.0%	6,0 ETP	0.0%	6,0 ETP	+20.0%	5,0 ETP	0.0%	5,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 5 ended

Active mandates

Dominique Verplancken

Director · since 13 décembre 2017

Active

Karl Seynaeve

Director · since 10 juillet 1999

Active

Ended mandates

Dominique Verplancken

Manager · since 13 décembre 2017

Ended

Karl Seynaeve

Manager · since 10 juillet 1999

Ended

Dominique Verplancken

Manager

Ended

Karl Seynaeve

Administrator - manager

Ended

Annual accounts

Full financial information

	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	01/01/2025	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	25/06/2025	12/06/2024	21/06/2023	30/06/2022	30/06/2021
General meeting	06/06/2026	07/06/2025	01/06/2024	03/06/2023	04/06/2022	05/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	06/06/2026	17/06/2026	Dutch	PDF
Abridged model	31/12/2024	07/06/2025	25/06/2025	Dutch	PDF
Abridged model	31/12/2023	01/06/2024	12/06/2024	Dutch	PDF
Abridged model	31/12/2022	03/06/2023	21/06/2023	Dutch	PDF
Abridged model	31/12/2021	04/06/2022	30/06/2022	Dutch	PDF
Abridged model	31/12/2020	05/06/2021	30/06/2021	Dutch	PDF
Abridged model	31/12/2019	19/06/2020	01/07/2020	Dutch	PDF
Abridged model	31/12/2018	01/06/2019	27/06/2019	Dutch	PDF
Abridged model	31/12/2017	02/06/2018	28/06/2018	Dutch	PDF
Abridged model	31/12/2016	03/06/2017	26/06/2017	Dutch	PDF
Abridged model	31/12/2015	04/06/2016	15/06/2016	Dutch	PDF
Abridged model	31/12/2014	07/06/2015	09/06/2015	Dutch	PDF
Abridged model	31/12/2013	07/06/2014	17/06/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	11/06/2013	Dutch	PDF
Abridged model	31/12/2011	27/06/2012	28/06/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	06/07/2011	Dutch	PDF
Abridged model	31/12/2009	05/06/2010	08/06/2010	Dutch	PDF
Abridged model	31/12/2008	06/06/2009	26/06/2009	Dutch	PDF
Abridged model	31/12/2007	24/06/2008	27/06/2008	Dutch	PDF
Abridged model	31/12/2006	18/06/2007	04/07/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 5 ended

Active mandates

Dominique Verplancken

Director · since 13 décembre 2017

Active

Karl Seynaeve

Director · since 10 juillet 1999

Active

Ended mandates

Dominique Verplancken

Manager · since 13 décembre 2017

Ended

Karl Seynaeve

Manager · since 10 juillet 1999

Ended

Dominique Verplancken

Manager

Ended

Karl Seynaeve

Administrator - manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates21/09/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/01/2018
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares24/12/2013
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares14/12/2007
KAPITAAL - AANDELEN
PDF
Capital / shares27/02/2004
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025165,7 k €↓
2024
Annual accounts 2024183,6 k €↑
2023
Annual accounts 2023135,5 k €↑
2022
Annual accounts 202292,4 k €↑
2021
Annual accounts 202184,4 k €↑
2020
Annual accounts 202035,1 k €↑
2019
Annual accounts 201933,1 k €↓
2018
Annual accounts 201868 k €↓
2017
Annual accounts 201789,2 k €↑
2016
Annual accounts 201658,4 k €↓
2015
Annual accounts 201573,3 k €↓
2014
Annual accounts 201481,5 k €↓
2013
Annual accounts 2013146,8 k €↑
2012
Annual accounts 201282,3 k €↑
2011
Annual accounts 201167,9 k €↓
2010
Annual accounts 201097,3 k €↑
2009
Annual accounts 200932,6 k €↑
2008
Annual accounts 200831,4 k €↓
2007
Annual accounts 200735,6 k €↓
2006
Annual accounts 200644,3 k €
30/03/1992
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SEYNAEVE

Overview

What does SEYNAEVE do?

Trend over 20 financial years

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