ACTIVE

CARREFOUR BELGIUM

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Financial year 2025 · Closed on 31/12/2025

Net result-9,8 M €-21,9 %over 1 year
Revenue4 Md €-2,5 %over 1 year
Equity42,5 M €-18,7 %over 1 year
Workforce6 365,9 ETP-4,3 %over 1 year

Identity

Source · BCE/KBO

CARREFOUR BELGIUM is a Public limited company incorporated in 1992. Its main activity is: Retail sale in non-specialised stores with food, beverages or tobacco predominating. Its registered office is in Zaventem. It employs on average 6 365,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0448.826.918
Incorporation
10/12/1992
Legal form
Public limited company
Registered office
Da Vincilaan 3 box 3
1930 Zaventem · FlandreSee on map
Contributed capital
53 426 392,00 €
Latest accounts
31/12/2025
Average workforce
6 365,9 ETP
Joint committees (2)
  • 202
  • 312
Signals
Positive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 64 filings

Trend over 17 financial years

20252024202320222021
Income statement
Revenue4 Md €4,1 Md €4,2 Md €3,9 Md €3,9 Md €
EBITDA34 M €40,4 M €25,4 M €-10,8 M €54,7 M €
Operating result2,5 M €-2,9 M €-21,8 M €-59,4 M €-5,2 M €
Net result-9,8 M €-8,1 M €-19,2 M €-61,6 M €-2,1 M €
Balance sheet
Equity42,5 M €52,4 M €60,4 M €229,6 M €291,2 M €
Total assets1,4 Md €1,4 Md €1,4 Md €1,4 Md €1,7 Md €
Cash34,9 M €19,2 M €45,7 M €33,7 M €18,9 M €
Debts1,3 Md €1,2 Md €1,3 Md €1,1 Md €1,2 Md €
Other
Workforce6 365,9 ETP6 648,9 ETP7 016,7 ETP7 084,8 ETP7 526,5 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 31/12/2025

6 active · 72 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Matthias Locker
Director01/10/2025 → 20/06/2028
00
Ivo Pareyns
Director18/06/2024 → 20/06/2028
00
Willy Claes
Director20/06/2023 → 16/06/2026
00
Sébastien Cayla
Director01/11/2022 → 30/09/2025
0
CAPARBEL0886.364.719Represented by Laurent Vallée
Chairman of the board of directors04/07/2022 → 15/06/2027
Geoffroy Gersdorff
Managing director04/07/2022 → 20/06/2028
0

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Ivo Pareyns
Director18/06/2024 → 13/06/2028
00
Sébastien Cayla
Director01/11/2022 → 17/06/2025
0
CAPARBEL0886.364.719Represented by Edouard de Chavagnac
Chairman of the board of directors04/07/2022 → 20/06/2023
CAPARBEL0886.364.719Represented by Laurent Vallée
Chairman of the board of directors04/07/2022 → 18/06/2024

Other companies at this address

Da Vincilaan 3 1930 Zaventem
CompanyCBE no.
CAPARBEL● Active
0886.364.719
Carrefour Drive 2● Active
0539.931.494
ECLAIR● Active
0464.484.696
FILUNIC● Active
0412.632.753
GROSFRUIT● Active
0416.677.257
HALLE RETAIL ASSOCIATE● Active
0893.617.448
HEPPEN RETAIL ASSOCIATE● Active
0893.618.933
HITACHI VANTARA BELGIUM● Active
0472.137.206
Market A1 CBRA● Active
0502.866.113
Market C3 CBRA● Active
0502.866.410
Market D4 CBRA● Active
0502.865.915
Market E5 CBRA● Active
0627.808.645
Market F6 CBRA● Active
0627.800.331
ORTHROS● Active
0448.826.720
PEPSICO BELUX● Active
0448.207.405
PepsiCo Services● Active
0433.279.402
RESTORA● Active
0450.479.876
SCHILCO● Active
0453.577.938
Shipto● Active
0696.990.332
SOUTH MED INVESTMENTS LIMITED● Active
0471.991.904

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelConsolidated accounts
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/07/202628/07/202506/08/202412/07/202317/08/202219/11/2021
General meeting16/06/202617/06/202518/06/202420/06/202321/06/202201/01/9999
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 64 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202516/06/202616/07/2026FrenchPDF
Full model31/12/202516/06/202616/07/2026DutchPDF
Full model31/12/202417/06/202528/07/2025FrenchPDF
Full model31/12/202417/06/202528/07/2025DutchPDF
Full model31/12/202318/06/202406/08/2024FrenchPDF
Full model31/12/202318/06/202406/08/2024DutchPDF
Consolidated accounts31/12/202318/06/202428/10/2024FrenchPDF
Full model31/12/202220/06/202312/07/2023FrenchPDF
Full model31/12/202220/06/202312/07/2023DutchPDF
Full model31/12/202121/06/202217/08/2022FrenchPDF
Full model31/12/202121/06/202217/08/2022DutchPDF
Consolidated accounts31/12/202121/06/202211/08/2023DutchPDF
Consolidated accounts31/12/202121/06/202211/08/2023FrenchPDF
Full model31/12/202015/06/202113/07/2021DutchPDF
Full model31/12/202015/06/202113/07/2021FrenchPDF
Consolidated accounts31/12/202001/01/999919/11/2021FrenchPDF
Full model31/12/201929/06/202027/07/2020DutchPDF
Full model31/12/201929/06/202027/07/2020FrenchPDF
Consolidated accounts31/12/201901/01/999926/10/2020DutchPDF
Consolidated accounts31/12/201901/01/999926/10/2020FrenchPDF
Full model31/12/201818/06/201910/07/2019DutchPDF
Full model31/12/201818/06/201910/07/2019FrenchPDF
Consolidated accounts31/12/201801/01/999910/07/2019DutchPDF
Consolidated accounts31/12/201801/01/999910/07/2019FrenchPDF
Full model31/12/201719/06/201808/10/2018DutchPDF
Full model31/12/201719/06/201808/10/2018FrenchPDF
Consolidated accounts31/12/201701/01/999902/08/2018DutchPDF
Consolidated accounts31/12/201701/01/999902/08/2018FrenchPDF
Full model31/12/201620/06/201724/08/2017DutchPDF
Full model31/12/201620/06/201723/08/2017FrenchPDF
Consolidated accounts31/12/201601/01/999902/08/2018DutchPDF
Consolidated accounts31/12/201601/01/999902/08/2018FrenchPDF
Full model31/12/201521/06/201626/07/2016DutchPDF
Full model31/12/201521/06/201626/07/2016FrenchPDF
Consolidated accounts31/12/201501/01/999920/12/2016FrenchPDF
Consolidated accounts31/12/201501/01/999916/12/2016DutchPDF
Full model31/12/201425/06/201510/07/2015FrenchPDF
Full model31/12/201425/06/201510/07/2015DutchPDF
Full model31/12/201317/06/201418/07/2014FrenchPDF
Full model31/12/201317/06/201411/07/2014DutchPDF
Full model31/12/201218/06/201308/08/2013DutchPDF
Full model31/12/201218/06/201308/08/2013FrenchPDF
Consolidated accounts31/12/201201/01/999908/08/2013DutchPDF
Consolidated accounts31/12/201201/01/999908/08/2013FrenchPDF
Full model31/12/201119/06/201207/08/2012FrenchPDF
Full model31/12/201119/06/201201/08/2012DutchPDF
Consolidated accounts31/12/201101/01/999910/08/2012FrenchPDF
Consolidated accounts31/12/201101/01/999908/08/2012DutchPDF
Full model31/12/201021/06/201126/08/2011DutchPDF
Full model31/12/201021/06/201112/08/2011FrenchPDF
Consolidated accounts31/12/201001/01/999927/10/2011DutchPDF
Consolidated accounts31/12/201001/01/999926/10/2011FrenchPDF
Full model31/12/200915/06/201006/08/2010DutchPDF
Full model31/12/200915/06/201006/08/2010FrenchPDF
Consolidated accounts31/12/200901/01/999909/09/2010FrenchPDF
Consolidated accounts31/12/200901/01/999910/08/2010DutchPDF
Full model31/12/200816/06/200917/07/2009DutchPDF
Full model31/12/200816/06/200917/07/2009FrenchPDF
Consolidated accounts31/12/200801/01/999911/05/2010DutchPDF
Consolidated accounts31/12/200801/01/999911/05/2010FrenchPDF
Full model31/12/200717/06/200828/08/2008FrenchPDF
Consolidated accounts31/12/200701/01/999922/12/2008DutchPDF
Consolidated accounts31/12/200701/01/999922/12/2008FrenchPDF
Full model31/12/200619/06/200710/08/2007FrenchPDF

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 31/12/2025

6 active · 72 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Matthias Locker
Director01/10/2025 → 20/06/2028
00
Ivo Pareyns
Director18/06/2024 → 20/06/2028
00
Willy Claes
Director20/06/2023 → 16/06/2026
00
Sébastien Cayla
Director01/11/2022 → 30/09/2025
0
CAPARBEL0886.364.719Represented by Laurent Vallée
Chairman of the board of directors04/07/2022 → 15/06/2027
Geoffroy Gersdorff
Managing director04/07/2022 → 20/06/2028
0

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Ivo Pareyns
Director18/06/2024 → 13/06/2028
00
Sébastien Cayla
Director01/11/2022 → 17/06/2025
0
CAPARBEL0886.364.719Represented by Edouard de Chavagnac
Chairman of the board of directors04/07/2022 → 20/06/2023
CAPARBEL0886.364.719Represented by Laurent Vallée
Chairman of the board of directors04/07/2022 → 18/06/2024

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates08/07/2026
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/07/2026
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/10/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/08/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/10/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-9,8 M €↓
  2. 01/10/2025
    nominationMatthias LOCKER · administrateur
  3. 01/10/2025
    nominationMatthias LOCKER · bestuurder
  4. 17/06/2025
    reconductionGeoffroy GERSDORFF · Administrateur
  5. 17/06/2025
    reconductionSébastien CAYLA · Administrateur
  6. 17/06/2025
    reconductionGeoffroy GERSDORFF · bestuurder
  7. 17/06/2025
    reconductionSébastien CAYLA · bestuurder
  8. 2024
    Annual accounts 2024-8,1 M €↑
  9. 18/06/2024
    nominationIvo Pareyns · administrateur
  10. 18/06/2024
    reconductionLaurent Vallée · administrateur
  11. 18/06/2024
    nominationIvo PAREYNS · bestuurder
  12. 18/06/2024
    reconductionCaparbel NV · bestuurder
  13. 18/06/2024
    reconductionForvis Mazars Bedrijfsrevisoren BV · commissaris
  14. 01/01/2024
    nominationPeter Lenoir · représentant du commissaire
  15. 2023
    Annual accounts 2023-19,2 M €↑
  16. 26/12/2023
    reduction_capital
  17. 26/12/2023
    reduction_capital
  18. 20/06/2023
    reconductionPierre LEMAN · bestuurder
  19. 20/06/2023
    reconductionWilly CLAES · bestuurder
  20. 2022
    Annual accounts 2022-61,6 M €↓
  21. 01/11/2022
    nominationSébastien CAYLA · bestuurder
  22. 04/07/2022
    nominationGeoffroy Gersdorff · administrateur
  23. 04/07/2022
    nominationGeoffroy Gersdorff · bestuurder
  24. 04/07/2022
    nominationLaurent Vallée · représentant permanent de l'administrateur S.A. CAPARBEL
  25. 2021
    Annual accounts 2021-2,1 M €↓
  26. 2020
    Annual accounts 202061,6 M €↑
  27. 2019
    Annual accounts 201949,2 M €↑
  28. 2018
    Annual accounts 2018-55,6 M €↓
  29. 2017
    Annual accounts 201769,9 M €↑
  30. 2016
    Annual accounts 201665,5 M €↓
  31. 2015
    Annual accounts 201575,7 M €↑
  32. 2014
    Annual accounts 201415,5 M €↓
  33. 2013
    Annual accounts 201358,7 M €↑
  34. 2012
    Annual accounts 201231,6 M €↓
  35. 2011
    Annual accounts 201136,9 M €↑
  36. 2010
    Annual accounts 2010-170,9 M €↓
  37. 2008
    Annual accounts 200866,2 M €
  38. 10/12/1992
    IncorporationPublic limited company

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Da Vincilaan 3 bte 3, 1930 ZaventemCurrent
accounts 2022 → 2025 · CBE, tracked since 27/09/2026
Accounts 2025 · 2026-00300251
Avenue des Olympiades 20, 1140 Evere
accounts 2021
Accounts 2021 · 2022-20295804
Olympiadenlaan 20, 1140 Evere
accounts 2021
Accounts 2021 · 2022-20294774

Annual accounts date a value by the financial year it appears in. The CBE dates a change to the day, but its history has only been kept since 27/09/2026.