ACTIVE

GB Foods Belgium

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Financial year 2023 · Closed on 31/12/2023

Net result18,6 M €-27,8 %over 1 year

Revenue432,8 M €+3,8 %over 1 year

Equity281,5 M €+7,1 %over 1 year

Workforce313,9 ETP-9,0 %over 1 year

Identity

Source · BCE/KBO

GB Foods Belgium is a Public limited company incorporated in 1996. Its registered office is in Puurs-Sint-Amands. It employs on average 313,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0458.358.850
Incorporation: 02/08/1996
Legal form: Public limited company
Registered office: Rijksweg 16
2870 Puurs-Sint-Amands · FlandreSee on map
Contributed capital: 201 638 757,47 €
Latest accounts: 31/12/2023
Average workforce: 313,9 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 18 financial years

	2023		2022		2021		2020		2019
Income statement
Revenue	432,8 M €	+3.8%	417 M €	+25.7%	331,9 M €	-11.0%	372,9 M €	+61.4%	231 M €
EBITDA	43,5 M €	+31.6%	33 M €	-16.6%	39,6 M €	-17.3%	47,9 M €	+60.6%	29,8 M €
Operating result	33,3 M €	+63.4%	20,4 M €	-33.3%	30,6 M €	+15.4%	26,5 M €	+896%	-3,3 M €
Net result	18,6 M €	-27.8%	25,7 M €	-20.8%	32,5 M €	+25.1%	26 M €	+315%	-12,1 M €
Balance sheet
Equity	281,5 M €	+7.1%	263 M €	+10.8%	237,3 M €	+15.9%	204,8 M €	+2746%	7,2 M €
Total assets	474,3 M €	-4.7%	497,5 M €	+17.5%	423,5 M €	-27.0%	580,4 M €	-8.0%	630,9 M €
Cash	283,1 k €	-91.4%	3,3 M €	+80.4%	1,8 M €	+44.0%	1,3 M €	-97.7%	54,2 M €
Debts	192,2 M €	-17.6%	233,2 M €	+28.2%	181,9 M €	-50.5%	367,6 M €	-40.0%	612,8 M €
Other
Workforce	313,9 ETP	-9.0%	345,0 ETP	+6.5%	323,9 ETP	+6.3%	304,6 ETP	+16.7%	261,1 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 31/12/2023

5 active · 48 ended

Active mandates

Jorrit Van Lubek

Director · since 22 février 2023 · until 10 juin 2025

Active

Josep Maria Vila

Director · since 06 septembre 2020 · until 09 juin 2026

Active

Eduardo Mesegué Bonet

Director · since 23 juillet 2019 · until 10 juin 2025

Active

Ignasi Ricou Fustagueras

Director · since 23 juillet 2019 · until 10 juin 2025

Active

Xavier Garcia Bosch

Director · since 23 juillet 2019 · until 21 février 2023

Active

Ended mandates

Bosch Xavier Garcia

Director · since 23 juillet 2019 · until 10 juin 2025

Ended

Eduardo Mesegué Bonet

Director · since 23 juillet 2019 · until 10 juin 2025

Ended

Ignasi Ricou Fustagueras

Director · since 23 juillet 2019 · until 10 juin 2025

Ended

Xavier Garcia Bosch

Director · since 23 juillet 2019 · until 10 juin 2025

Ended

Other companies at this address

Rijksweg 16 2870 Puurs-Sint-Amands

Company	CBE no.
CONTINENTAL FOODS EUROPE● Active	0431.701.072

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	29/04/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	9 months
Filing date	20/06/2025	17/06/2024	16/06/2023	13/07/2022	13/07/2021	24/06/2020
General meeting	10/06/2025	11/06/2024	13/06/2023	14/06/2022	08/06/2021	09/06/2020
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

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	10/06/2025	20/06/2025	Dutch	PDF
Full modelCorrection	31/12/2023	11/06/2024	20/03/2025	Dutch	PDF
Full model	31/12/2023	11/06/2024	17/06/2024	Dutch	PDF
Full model	31/12/2022	13/06/2023	16/06/2023	Dutch	PDF
Full model	31/12/2021	14/06/2022	13/07/2022	Dutch	PDF
Full model	31/12/2020	08/06/2021	13/07/2021	Dutch	PDF
Full model	31/12/2019	09/06/2020	24/06/2020	Dutch	PDF
Full model	28/04/2019	08/10/2019	17/10/2019	Dutch	PDF
Full model	29/04/2018	09/10/2018	17/10/2018	Dutch	PDF
Full model	30/04/2017	10/10/2017	13/10/2017	Dutch	PDF
Full model	01/05/2016	11/10/2016	20/10/2016	Dutch	PDF
Full model	03/05/2015	13/10/2015	29/10/2015	Dutch	PDF
Full model	27/04/2014	14/10/2014	17/10/2014	Dutch	PDF
Full model	28/07/2013	14/01/2014	16/01/2014	Dutch	PDF
Full model	29/07/2012	08/01/2013	18/01/2013	Dutch	PDF
Full model	31/07/2011	10/01/2012	17/01/2012	Dutch	PDF
Full model	01/08/2010	11/01/2011	18/01/2011	Dutch	PDF
Full model	02/08/2009	12/01/2010	20/01/2010	Dutch	PDF
Full model	03/08/2008	13/01/2009	22/01/2009	Dutch	PDF
Full model	29/07/2007	08/01/2008	11/01/2008	Dutch	PDF
Full model	30/07/2006	09/01/2007	10/01/2007	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 31/12/2023

5 active · 48 ended

Active mandates

Jorrit Van Lubek

Director · since 22 février 2023 · until 10 juin 2025

Active

Josep Maria Vila

Director · since 06 septembre 2020 · until 09 juin 2026

Active

Eduardo Mesegué Bonet

Director · since 23 juillet 2019 · until 10 juin 2025

Active

Ignasi Ricou Fustagueras

Director · since 23 juillet 2019 · until 10 juin 2025

Active

Xavier Garcia Bosch

Director · since 23 juillet 2019 · until 21 février 2023

Active

Ended mandates

Bosch Xavier Garcia

Director · since 23 juillet 2019 · until 10 juin 2025

Ended

Eduardo Mesegué Bonet

Director · since 23 juillet 2019 · until 10 juin 2025

Ended

Ignasi Ricou Fustagueras

Director · since 23 juillet 2019 · until 10 juin 2025

Ended

Xavier Garcia Bosch

Director · since 23 juillet 2019 · until 10 juin 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates06/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares21/10/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates14/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares08/07/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates28/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other08/05/2024
DIVERSEN
PDF
Mandates03/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/04/2023
ONTSLAGEN - BENOEMINGEN
PDF

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

See the Business plan

Timeline

17/02/2026
nominationKadir Karaman — bestuurder
13/10/2025
reduction_capital
10/06/2025
nominationPatricio Aspero Eyre — bestuurder
10/06/2025
nominationJorrit van Lubek — bestuurder
10/06/2025
nominationMiranda Helena Visscher — bestuurder
10/06/2025
reconductionEY Bedrijfsrevisoren BV — commissaris
03/07/2024
reduction_capital
2023
Annual accounts 202318,6 M €↓
16/03/2023
nominationAnneleen Kempeneer — persoon belast met het dagelijks bestuur
22/02/2023
nominationJorrit van Lubek — bestuurder
2022
Annual accounts 202225,7 M €↓
14/06/2022
reconductionEY Bedrijfsrevisoren BV — commissaris
2021
Annual accounts 202132,5 M €↑
2020
Annual accounts 202026 M €↑
2019
Annual accounts 2019-12,1 M €↓
2019
Annual accounts 2019-10,3 M €↓
2019
Name changeGB Foods Belgium
2018
Annual accounts 2018-9,1 M €↓
2017
Annual accounts 201710,6 M €↑
2016
Annual accounts 20161,9 M €↑
2015
Annual accounts 2015-1,2 M €↑
2014
Annual accounts 2014-1,7 M €↓
2013
Annual accounts 20138,5 M €↑
2013
Name changeCONTINENTAL FOODS BELGIUM
2012
Annual accounts 20126,2 M €↓
2011
Annual accounts 201110,9 M €↑
2010
Annual accounts 20109,9 M €↑
2009
Annual accounts 20098,2 M €↑
2008
Annual accounts 20086,4 M €↑
2007
Annual accounts 20076,2 M €
2007
Name changeCAMPBELL FOODS BELGIUM
02/08/1996
IncorporationPublic limited company

GB Foods Belgium

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