ACTIVE

BARONIE

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

96,8 M €

-32.3% YoY

Revenue

5,4 M €

+33.2% YoY

Equity

391 M €

+32.9% YoY

Workforce

4,8 ETP

+26.3% YoY

What does BARONIE do?

BARONIE is a Public limited company incorporated in 1993. Its main activity is: Manufacture of cocoa, chocolate and sugar confectionery. Its registered office is in Brugge. It employs on average 4,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0449.345.966

Incorporation

12/02/1993

Legal form

Public limited company

Registered office

Kolvestraat 70
8000 Brugge · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

4,8 ETP

Activities (NACE)

10820Manufacture of cocoa, chocolate and sugar confectionery· main 10820Manufacture of cocoa, chocolate and sugar confectionery 15840Manufacture of leather and related products 64200Activities of holding companies 64210Activities of holding companies 10820Manufacture of cocoa, chocolate and sugar confectionery+3

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Revenue	5,4 M €	+33.2%	4 M €	+45.5%	2,8 M €	+23.3%	2,2 M €	+76.5%	1,3 M €	-12.8%	1,5 M €	+9.4%	1,3 M €	+26.7%	1,1 M €	-8.5%	1,2 M €	+76.8%	651 k €	+56.5%	416 k €		–		280,3 k €	-83.2%	1,7 M €	+25.4%	1,3 M €	-18.9%	1,6 M €	-8.1%	1,8 M €	+73.4%	1 M €
EBITDA	761,2 k €	+14.3%	665,7 k €	+177%	240,4 k €	+54.9%	155,2 k €	-71.0%	534,8 k €	+206%	174,6 k €	-77.0%	759,4 k €	+12780%	5,9 k €	-98.7%	454,7 k €	+60.0%	284,1 k €	-21.7%	362,7 k €	+7.8%	336,6 k €	-2.6%	345,4 k €	-71.5%	1,2 M €	+84.9%	654,6 k €	-2.7%	672,9 k €	-18.0%	820,4 k €	-19.7%	1 M €
Operating result	8,3 k €	-96.8%	259,1 k €	+3065%	-8,7 k €	+93.9%	-144,3 k €	-145%	322 k €	+204%	-310,1 k €	-263%	190,5 k €	+143%	-438,5 k €	-267%	262,1 k €	+33.1%	197 k €	-9.4%	217,4 k €	-5.6%	230,3 k €	-12.0%	261,5 k €	-76.9%	1,1 M €	+93.8%	583,4 k €	+12.1%	520,4 k €	+0.7%	516,6 k €	-28.1%	718,3 k €
Net result	96,8 M €	-32.3%	142,9 M €	+82931%	-172,5 k €	-101%	19,6 M €	+342%	4,4 M €	-95.6%	99,9 M €	+5711%	-1,8 M €	-18026%	9,9 k €	-96.7%	304,3 k €	+40.7%	216,2 k €	+3.1%	209,7 k €	-64.4%	588,3 k €	-27.2%	807,6 k €	+3708%	-22,4 k €	-105%	486,1 k €	-94.1%	8,2 M €	-50.1%	16,4 M €	+4927%	-339,7 k €
Balance sheet
Equity	391 M €	+32.9%	294,2 M €	+94.4%	151,3 M €	-0.1%	151,5 M €	+14.9%	131,8 M €	+3.5%	127,4 M €	+363%	27,5 M €	-6.1%	29,3 M €	+0.0%	29,3 M €	+1.0%	29 M €	+0.8%	28,8 M €	+0.7%	28,6 M €	+2.1%	28 M €	+3.0%	27,2 M €	-0.1%	27,2 M €	+0.7%	27 M €	+39.8%	19,3 M €	+560%	2,9 M €
Total assets	450,6 M €	-4.5%	471,8 M €	+28.7%	366,5 M €	+9.8%	333,8 M €	-2.3%	341,8 M €	+74.1%	196,4 M €	+17.4%	167,3 M €	+6.2%	157,5 M €	+38.0%	114,1 M €	+169%	42,4 M €	+47.4%	28,8 M €	+0.6%	28,6 M €	+2.1%	28 M €	-70.8%	95,9 M €	-0.7%	96,6 M €	+202%	32 M €	+16.2%	27,5 M €	+71.1%	16,1 M €
Cash	2,6 M €	+636%	351,6 k €	-88.1%	3 M €	+617%	413,7 k €	-94.6%	7,6 M €	-94.5%	139,6 M €	+117%	64,2 M €	+76.6%	36,4 M €	+938%	3,5 M €	+493745%	709,7 €	-99.7%	231,3 k €	+147325%	156,9 €	-100.0%	325,8 k €	+776%	37,2 k €	-54.9%	82,4 k €	-99.7%	25,1 M €	+23.0%	20,4 M €	+89019%	22,9 k €
Debts	59,6 M €	-66.3%	176,5 M €	-17.8%	214,8 M €	+18.3%	181,6 M €	-13.1%	208,9 M €	+203%	68,9 M €	-50.7%	139,7 M €	+9.0%	128,2 M €	+51.1%	84,8 M €	+532%	13,4 M €	+88799%	15,1 k €	-68.5%	48 k €	+25.8%	38,1 k €	-99.9%	67,8 M €	-2.1%	69,2 M €	+1316%	4,9 M €	-39.5%	8,1 M €	-38.1%	13 M €
Other
Workforce	4,8 ETP	+26.3%	3,8 ETP	-50.6%	7,7 ETP	+45.3%	5,3 ETP	+17.8%	4,5 ETP	+87.5%	2,4 ETP		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 28 ended

Active mandates

Alphonsus Paul Lambert Walder

Director · since 17 mai 2024 · until 17 mai 2030

Active

Guy Walder

Director · since 17 mai 2024 · until 17 mai 2030

Active

Alphonsus Walder

Managing director · since 19 mai 2023 · until 18 mai 2029

Active

Corrine De Kuijper

Director · since 19 mai 2023 · until 18 mai 2029

Active

Johannes Van Logtestijn

Director · since 19 mai 2023 · until 18 mai 2029

Active

Jozef Slootmans

Director · since 19 mai 2023 · until 18 mai 2029

Active

Ended mandates

Jean-Marie VAN LOGTESTIJN

Director · since 26 octobre 2018 · until 01 octobre 2024

Ended

Johannes VAN LOGTESTIJN

Director · since 26 octobre 2018 · until 17 mai 2024

Ended

Johannes VAN LOGTESTIJN

Director · since 26 octobre 2018 · until 25 octobre 2024

Ended

Alphonsus WALDER

Director · since 02 octobre 2017 · until 19 mai 2023

Ended

At this address

Other companies at this address

Company	CBE no.
BARONIE BELGIUM● Active	0424.005.212
BARONIE PRODUCTIE● Active	0436.303.129
BTWE IMPENDIUM● Active	0501.550.871
FRAPAR● Active	0456.873.760
IMPENDIUM● Active	0501.550.277
SWEET PRODUCTS● Active	0811.362.438
Sweet Products Group● Active	1014.877.544

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2021
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	01/05/2021	01/05/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	30/04/2021
Length of the financial year	12 months	12 months	12 months	12 months	8 months	12 months
Filing date	15/07/2026	31/07/2025	14/06/2024	20/06/2023	11/07/2022	15/11/2021
General meeting	10/07/2026	04/07/2025	17/05/2024	19/05/2023	30/06/2022	29/10/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

40 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	10/07/2026	15/07/2026	Dutch	PDF
Full model	31/12/2024	04/07/2025	31/07/2025	Dutch	PDF
Consolidated accounts	31/12/2024	30/06/2025	23/12/2025	Dutch	PDF
Full model	31/12/2023	17/05/2024	14/06/2024	Dutch	PDF
Consolidated accountsCorrection	31/12/2023	28/06/2024	05/08/2024	Dutch	PDF
Consolidated accounts	31/12/2023	28/06/2024	26/07/2024	Dutch	PDF
Full model	31/12/2022	19/05/2023	20/06/2023	Dutch	PDF
Consolidated accounts	31/12/2022	19/05/2023	21/06/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	11/07/2022	Dutch	PDF
Consolidated accounts	31/12/2021	30/06/2022	12/07/2022	Dutch	PDF
Full model	30/04/2021	29/10/2021	15/11/2021	Dutch	PDF
Consolidated accounts	30/04/2021	29/10/2021	15/11/2021	Dutch	PDF
Full model	30/04/2020	01/10/2020	05/10/2020	Dutch	PDF
Consolidated accounts	30/04/2020	26/09/2020	05/10/2020	Dutch	PDF
Full model	30/04/2019	01/10/2019	03/10/2019	Dutch	PDF
Consolidated accounts	30/04/2019	01/10/2019	03/10/2019	Dutch	PDF
Full model	30/04/2018	26/10/2018	30/10/2018	Dutch	PDF
Consolidated accounts	30/04/2018	31/10/2018	08/11/2018	Dutch	PDF
Full model	30/04/2017	02/10/2017	05/10/2017	Dutch	PDF
Consolidated accounts	30/04/2017	02/10/2017	05/10/2017	Dutch	PDF
Full model	30/04/2016	03/10/2016	24/10/2016	Dutch	PDF
Consolidated accounts	30/04/2016	03/10/2016	24/10/2016	Dutch	PDF
Full model	30/04/2015	01/10/2015	29/10/2015	Dutch	PDF
Consolidated accounts	30/04/2015	30/10/2015	30/11/2015	Dutch	PDF

View all 40 filings

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 28 ended

Active mandates

Alphonsus Paul Lambert Walder

Director · since 17 mai 2024 · until 17 mai 2030

Active

Guy Walder

Director · since 17 mai 2024 · until 17 mai 2030

Active

Alphonsus Walder

Managing director · since 19 mai 2023 · until 18 mai 2029

Active

Corrine De Kuijper

Director · since 19 mai 2023 · until 18 mai 2029

Active

Johannes Van Logtestijn

Director · since 19 mai 2023 · until 18 mai 2029

Active

Jozef Slootmans

Director · since 19 mai 2023 · until 18 mai 2029

Active

Ended mandates

Jean-Marie VAN LOGTESTIJN

Director · since 26 octobre 2018 · until 01 octobre 2024

Ended

Johannes VAN LOGTESTIJN

Director · since 26 octobre 2018 · until 17 mai 2024

Ended

Johannes VAN LOGTESTIJN

Director · since 26 octobre 2018 · until 25 octobre 2024

Ended

Alphonsus WALDER

Director · since 02 octobre 2017 · until 19 mai 2023

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other19/11/2024
BENAMING
PDF
Mandates11/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/09/2023
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring12/01/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring14/11/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Capital / shares27/09/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - KAPITAAL - AANDELEN
PDF
Registered office31/12/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates29/11/2019
ONTSLAGEN - BENOEMINGEN
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 202596,8 M €↓
2024
Annual accounts 2024142,9 M €↑
17/05/2024
nominationAlphonsus P.L. Walder — bestuurder
17/05/2024
nominationGuy Walder — bestuurder
2024
Name changeBARONIE
01/01/2024
reconductionCVBA VRC Bedrijfsrevisoren — commissaris
2023
Annual accounts 2023-172,5 k €↓
19/05/2023
reconductionJozef Slootmans — bestuurder
19/05/2023
reconductionCorrine de Kuijper — bestuurder
19/05/2023
reconductionJohannes Van Logtestijn — bestuurder
19/05/2023
reconductionAlphonsus Walder — bestuurder
2022
Annual accounts 202219,6 M €↑
19/12/2022
autre
2021
Annual accounts 20214,4 M €↓
2021
Annual accounts 202199,9 M €↑
2021
Name changeSWEET PRODUCTS
2020
Annual accounts 2020-1,8 M €↓
2019
Annual accounts 20199,9 k €↓
2018
Annual accounts 2018304,3 k €↑
2017
Annual accounts 2017216,2 k €↑
2016
Annual accounts 2016209,7 k €↓
2015
Annual accounts 2015588,3 k €↓
2014
Annual accounts 2014807,6 k €↑
2013
Annual accounts 2013-22,4 k €↓
2012
Annual accounts 2012486,1 k €↓
2011
Annual accounts 20118,2 M €↓
2010
Annual accounts 201016,4 M €↑
2009
Annual accounts 2009-339,7 k €
12/02/1993
IncorporationPublic 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

BARONIE

Overview

What does BARONIE do?

Trend over 18 financial years

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