ACTIVE

PATROBA

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Financial year 2025 · closed on 31/12/2025
Net result
2,2 M €
+191.2% YoY
Revenue
17,6 M €
+7.3% YoY
Equity
12,8 M €
+18.6% YoY
Workforce
23,2 ETP
+10.5% YoY

What does PATROBA do?

PATROBA is a Public limited company incorporated in 1996. Its main activity is: Manufacture of bread; manufacture of fresh pastry goods and cakes. Its registered office is in Aartselaar. It employs on average 23,2 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0459.040.721
Incorporation
25/10/1996
Legal form
Public limited company
Registered office
Vluchtenburgstraat 15
2630 Aartselaar · FlandreSee on map
Contributed capital
3 725 000,00 €
Latest accounts
31/12/2025
Average workforce
23,2 ETP
Activities (NACE)
10711Manufacture of bread; manufacture of fresh pastry goods and cakes· main10711Manufacture of bread; manufacture of fresh pastry goods and cakes15811Manufacture of leather and related products
Joint committees (4)
  • 118
  • 11803
  • 220
  • 22000
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021201720162015201420132012201120102009200820072006
Income statement
Revenue17,6 M €16,4 M €14,1 M €14,1 M €13,7 M €12,0 M €12,0 M €10,8 M €10,4 M €10,3 M €9,6 M €9,5 M €9,3 M €9,6 M €9,6 M €8,6 M €9,1 M €
EBITDA3,3 M €3,0 M €2,8 M €3,0 M €3,5 M €3,3 M €3,1 M €2,7 M €2,8 M €2,7 M €3,0 M €3,9 M €3,9 M €3,9 M €3,7 M €3,7 M €4,2 M €
Operating result2,1 M €709,3 k €208,5 k €372,2 k €400,4 k €2,8 M €2,7 M €2,3 M €2,3 M €2,2 M €2,4 M €3,2 M €3,2 M €2,9 M €3,0 M €3,1 M €2,6 M €
Net result2,2 M €748,1 k €426,6 k €386,7 k €476,4 k €2,0 M €1,9 M €1,6 M €1,6 M €1,6 M €1,6 M €2,2 M €2,1 M €2,0 M €1,6 M €1,9 M €1,7 M €
Balance sheet
Equity12,8 M €10,8 M €10,8 M €14,5 M €14,5 M €12,5 M €10,9 M €9,0 M €7,4 M €5,9 M €4,3 M €4,3 M €4,3 M €4,3 M €4,3 M €4,3 M €4,4 M €
Total assets17,1 M €16,6 M €21,6 M €22,6 M €23,6 M €15,1 M €12,9 M €11,2 M €9,3 M €7,8 M €8,1 M €8,7 M €8,4 M €8,0 M €7,9 M €7,8 M €7,2 M €
Cash2,0 M €4,1 M €798,8 k €4,0 M €5,3 M €7,6 M €6,7 M €7,9 M €6,0 M €4,6 M €4,5 M €4,8 M €4,1 M €2,4 M €537,7 k €757,0 k €193,6 k €
Debts4,0 M €5,7 M €10,7 M €8,1 M €9,1 M €2,4 M €1,9 M €2,2 M €1,8 M €1,8 M €3,5 M €4,0 M €3,8 M €3,4 M €3,3 M €3,3 M €2,7 M €
Other
Workforce23,2 ETP21,0 ETP21,0 ETP20,8 ETP22,5 ETP17,2 ETP14,4 ETP15,1 ETP14,7 ETP15,1 ETP16,4 ETP19,6 ETP20,5 ETP21,0 ETP20,6 ETP20,4 ETP19,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 31 ended

Active mandates

LOTAR

Managing director · since 07 décembre 2023 · until 07 décembre 2029 · 0839.956.256

Represented by Siccard GUSTAAF

Active
Nathalie Siccard

Managing director · since 07 décembre 2023 · until 07 décembre 2029

Active
Patrick Vandenbogaerde

Director · since 07 décembre 2023 · until 01 décembre 2025

Active

Ended mandates

LOTAR

Director · since 07 décembre 2023 · until 07 décembre 2029 · 0839.956.256

Represented by Gustave SICCARD

Ended
Patrick Vandenbogaerde

Director · since 07 décembre 2023 · until 07 décembre 2029

Ended
LOTAR

Managing director · since 30 juin 2022 · until 30 juin 2028 · 0839.956.256

Represented by Siccard GUSTAAF

Ended
Nathalie SICCARD

Managing director · since 30 juin 2022 · until 30 juin 2028

Ended
At this address

Other companies at this address

CompanyCBE no.
BAKKERIJ MAES● Active
0454.071.351
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
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 date27/07/202630/07/202525/06/202410/07/202318/07/202230/07/2021
General meeting30/06/202630/06/202517/06/202430/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202627/07/2026DutchPDF
Full model31/12/202430/06/202530/07/2025DutchPDF
Full model31/12/202317/06/202425/06/2024DutchPDF
Full model31/12/202230/06/202310/07/2023DutchPDF
Full model31/12/202130/06/202218/07/2022DutchPDF
Full model31/12/202030/06/202130/07/2021DutchPDF
Full model31/12/201923/06/202027/07/2020DutchPDF
Full model31/12/201803/06/201927/06/2019DutchPDF
Full model31/12/201730/03/201827/04/2018DutchPDF
Full model31/12/201631/03/201728/04/2017DutchPDF
Full model31/12/201525/03/201621/04/2016DutchPDF
Full model31/12/201427/03/201523/04/2015DutchPDF
Full model31/12/201328/03/201430/04/2014DutchPDF
Full model31/12/201229/03/201329/04/2013DutchPDF
Full model31/12/201130/03/201212/04/2012DutchPDF
Full model31/12/201025/03/201107/04/2011DutchPDF
Full model31/12/200926/03/201026/04/2010DutchPDF
Full model31/12/200811/05/200903/06/2009DutchPDF
Full model31/12/200728/03/200828/04/2008DutchPDF
Full model31/12/200630/03/200727/04/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 3 active · 31 ended

Active mandates

LOTAR

Managing director · since 07 décembre 2023 · until 07 décembre 2029 · 0839.956.256

Represented by Siccard GUSTAAF

Active
Nathalie Siccard

Managing director · since 07 décembre 2023 · until 07 décembre 2029

Active
Patrick Vandenbogaerde

Director · since 07 décembre 2023 · until 01 décembre 2025

Active

Ended mandates

LOTAR

Director · since 07 décembre 2023 · until 07 décembre 2029 · 0839.956.256

Represented by Gustave SICCARD

Ended
Patrick Vandenbogaerde

Director · since 07 décembre 2023 · until 07 décembre 2029

Ended
LOTAR

Managing director · since 30 juin 2022 · until 30 juin 2028 · 0839.956.256

Represented by Siccard GUSTAAF

Ended
Nathalie SICCARD

Managing director · since 30 juin 2022 · until 30 juin 2028

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/12/2023
    ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates03/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/10/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/05/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/06/2016
    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

Timeline

  1. 2025
    Annual accounts 20252,2 M €↑
  2. 2024
    Annual accounts 2024748,1 k €↑
  3. 2023
    Annual accounts 2023426,6 k €↑
  4. 2022
    Annual accounts 2022386,7 k €↓
  5. 2021
    Annual accounts 2021476,4 k €↓
  6. 2017
    Annual accounts 20172,0 M €↑
  7. 2016
    Annual accounts 20161,9 M €↑
  8. 2015
    Annual accounts 20151,6 M €↓
  9. 2014
    Annual accounts 20141,6 M €↓
  10. 2013
    Annual accounts 20131,6 M €↓
  11. 2012
    Annual accounts 20121,6 M €↓
  12. 2011
    Annual accounts 20112,2 M €↑
  13. 2010
    Annual accounts 20102,1 M €↑
  14. 2009
    Annual accounts 20092,0 M €↑
  15. 2008
    Annual accounts 20081,6 M €↓
  16. 2007
    Annual accounts 20071,9 M €↑
  17. 2006
    Annual accounts 20061,7 M €
  18. 25/10/1996
    IncorporationPublic limited company