ACTIVE

TASTE DEVELOPMENT

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Financial year 2025 · Closed on 31/12/2025

Net result920,3 k €+16,0 %over 1 year

Gross margin2,4 M €+10,0 %over 1 year

Equity2,9 M €+46,5 %over 1 year

Workforce12,6 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

TASTE DEVELOPMENT is a Public limited company incorporated in 1998. Its main activity is: Manufacture of essential oils. Its registered office is in Seneffe. It employs on average 12,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0463.780.655
Incorporation: 17/07/1998
Legal form: Public limited company
Registered office: Parc Industriel Paysager de Tyberchamps 25
7180 Seneffe · WallonieSee on map
Contributed capital: 545 365,75 €
Latest accounts: 31/12/2025
Average workforce: 12,6 ETP

Activities (NACE)

20530Manufacture of essential oils· main 20590Manufacture of other chemical products n.e.c.46389Wholesale of other food, including fish, crustaceans and molluscs 46389Wholesale of other food, including fish, crustaceans and molluscs 10840Manufacture of condiments and seasonings 10840Manufacture of condiments and seasonings+6

Joint committees (3)

200
2000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	2,4 M €	+10.0%	2,1 M €	+10.5%	1,9 M €	-9.7%	2,1 M €	+16.4%	1,8 M €
EBITDA	1,3 M €	+8.5%	1,2 M €	+13.5%	1,1 M €	-23.3%	1,4 M €	+25.9%	1,1 M €
Operating result	1,2 M €	+13.0%	1,1 M €	+14.7%	932,6 k €	-25.7%	1,3 M €	+30.1%	965,4 k €
Net result	920,3 k €	+16.0%	793,4 k €	+14.9%	690,8 k €	-26.4%	938,5 k €	+32.9%	706,1 k €
Balance sheet
Equity	2,9 M €	+46.5%	2 M €	-3.3%	2 M €	+10.5%	1,8 M €	+14.4%	1,6 M €
Total assets	3,6 M €	+7.2%	3,4 M €	+13.1%	3 M €	-6.6%	3,2 M €	+5.7%	3 M €
Cash	1,8 M €	+17.6%	1,5 M €	+54.9%	991,7 k €	+8.9%	910,7 k €	+9.9%	828,5 k €
Debts	727,1 k €	-48.0%	1,4 M €	+48.5%	942,1 k €	-29.9%	1,3 M €	-4.3%	1,4 M €
Other
Workforce	12,6 ETP	0.0%	12,6 ETP	+16.7%	10,8 ETP	-4.4%	11,3 ETP	+5.6%	10,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

8 active · 5 ended

Active mandates

Director	Mandates in this company	Period
Hans Udo Wenzel	Director18/12/2025 → 18/12/2031
Luigi Del Monaco	Director18/12/2025 → 18/12/2031
Thierry Waeyenbergh	Managing director18/12/2025 → 18/12/2031
Sandrine BRAET	Director16/05/2019 → 17/05/2029
An Ledeganck	Director15/06/2009 → 17/05/2029
Arnaud Paul De Beukelaer	Director17/05/2017 → 18/12/2025Managing director17/05/2017 → 2021 accountsendedChairman of the board of directors17/05/2017 → 2023 accountsended
Jeremy Holloway	Director27/12/2011 → 17/05/2029Mandate31/05/2010 → 2013 accountsended
Valérie CRUYPLANTS	Vice-chairman of the board of directors22/06/2006 → 17/05/2029

Ended mandates

Director	Mandates in this company	Period
Arnaud De Beukelaer	Managing director17/05/2017 → 2019 accounts
Stéphane LECOCQ	Director17/05/2017 → 17/05/2023
Stéphane Lecoq	Director17/05/2017 → 2018 accounts

Full financial information

Source · NBB

	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	26/05/2026	27/05/2025	22/05/2024	30/05/2023	16/06/2022	17/06/2021
General meeting	20/05/2026	14/05/2025	15/05/2024	27/04/2023	20/05/2022	19/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	20/05/2026	26/05/2026	French	PDF
Abridged model	31/12/2024	14/05/2025	27/05/2025	French	PDF
Abridged model	31/12/2023	15/05/2024	22/05/2024	French	PDF
Abridged model	31/12/2022	27/04/2023	30/05/2023	French	PDF
Abridged model	31/12/2021	20/05/2022	16/06/2022	French	PDF
Abridged model	31/12/2020	19/05/2021	17/06/2021	French	PDF
Abridged model	31/12/2019	14/07/2020	24/07/2020	French	PDF
Abridged model	31/12/2018	15/05/2019	14/06/2019	French	PDF
Abridged model	31/12/2017	16/05/2018	25/05/2018	French	PDF
Abridged model	31/12/2016	17/05/2017	24/05/2017	French	PDF
Abridged model	31/12/2015	19/05/2016	08/06/2016	French	PDF
Abridged model	31/12/2014	13/05/2015	20/05/2015	French	PDF
Abridged model	31/12/2013	21/05/2014	22/07/2014	French	PDF
Abridged model	31/12/2012	21/05/2013	22/06/2013	French	PDF
Abridged model	31/12/2011	19/05/2012	11/06/2012	French	PDF
Abridged model	31/12/2010	19/05/2011	17/06/2011	French	PDF
Abridged model	31/12/2009	31/05/2010	17/06/2010	French	PDF
Abridged model	31/12/2008	15/06/2009	14/07/2009	French	PDF
Abridged model	31/12/2007	19/05/2008	10/06/2008	French	PDF
Abridged model	31/12/2006	10/05/2007	22/05/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

8 active · 5 ended

Active mandates

Director	Mandates in this company	Period
Hans Udo Wenzel	Director18/12/2025 → 18/12/2031
Luigi Del Monaco	Director18/12/2025 → 18/12/2031
Thierry Waeyenbergh	Managing director18/12/2025 → 18/12/2031
Sandrine BRAET	Director16/05/2019 → 17/05/2029
An Ledeganck	Director15/06/2009 → 17/05/2029
Arnaud Paul De Beukelaer	Director17/05/2017 → 18/12/2025Managing director17/05/2017 → 2021 accountsendedChairman of the board of directors17/05/2017 → 2023 accountsended
Jeremy Holloway	Director27/12/2011 → 17/05/2029Mandate31/05/2010 → 2013 accountsended
Valérie CRUYPLANTS	Vice-chairman of the board of directors22/06/2006 → 17/05/2029

Ended mandates

Director	Mandates in this company	Period
Arnaud De Beukelaer	Managing director17/05/2017 → 2019 accounts
Stéphane LECOCQ	Director17/05/2017 → 17/05/2023
Stéphane Lecoq	Director17/05/2017 → 2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates26/06/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates02/01/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates22/06/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates22/09/2020
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION
PDF
Mandates20/06/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates14/11/2017
Renouvellement du mandat des administrateurs
PDF
Registered office07/05/2012
SIEGE SOCIAL
PDF
Mandates02/02/2012
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

Hans Udo Wenzel

Thierry Waeyenbergh

Luigi Del Monaco

Sandrine BRAET

Valérie CRUYPLANTS

Arnaud Paul DE BEUKELAER

An LEDEGANCK

Jérémy HOLLOWAY

Arnaud De Beukelaer

Stéphane Lecoq

Stéphane LECOCQ

Christian DENAYER

Show the other mandate

1998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

TASTE DEVELOPMENT

Parc Industriel Paysager de Tyberchamps 25, 7180 Seneffe

Director

Managing director

Director

Vice-chairman of the board of directors

DirectorChairman of the board of directorsManaging director

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Parc Industriel Paysager de Tyberchamps 25, 7180 SeneffeCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00120862

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
TASTE DEVELOPMENTCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00120862

Events

2025
Annual accounts 2025920,3 k €↑
2024
Annual accounts 2024793,4 k €↑
2023
Annual accounts 2023690,8 k €↓
2022
Annual accounts 2022938,5 k €↑
2021
Annual accounts 2021706,1 k €↑
2019
Annual accounts 2019324,8 k €↑
2018
Annual accounts 2018197,1 k €↓
2017
Annual accounts 2017400,9 k €↓
2016
Annual accounts 2016474,3 k €↑
2015
Annual accounts 2015244,5 k €↑
2014
Annual accounts 2014116,7 k €↓
2013
Annual accounts 2013244,2 k €↑
2012
Annual accounts 2012232,3 k €↓
2011
Annual accounts 2011325,6 k €↑
2010
Annual accounts 2010208,7 k €↑
2009
Annual accounts 2009183,4 k €↓
2008
Annual accounts 2008233,9 k €↓
2007
Annual accounts 2007284,9 k €↓
2006
Annual accounts 2006406,7 k €
17/07/1998
IncorporationPublic limited company

TASTE DEVELOPMENT

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events