ACTIVE

ECLAIR

Financial year 2025 · closed on 31/12/2025
Net result
-3,1 M €
+6.8% YoY
Revenue
29,3 M €
+14.5% YoY
Equity
5,7 M €
+146.4% YoY
Workforce
147,3 ETP
+4.9% YoY

What does ECLAIR do?

ECLAIR is a Public limited company incorporated in 1998. Its main activity is: Manufacture of bread; manufacture of fresh pastry goods and cakes. Its registered office is in Zaventem. It employs on average 147,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0464.484.696
Incorporation
30/10/1998
Legal form
Public limited company
Registered office
Da Vincilaan 3 box 3
1930 Zaventem · FlandreSee on map
Contributed capital
8 721 172,16 €
Latest accounts
31/12/2025
Average workforce
147,3 ETP
Joint committees (2)
  • 118
  • 220
Signals
Solid equityHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122011201020092008
Income statement
Revenue29,3 M €25,6 M €26,1 M €24,7 M €23,1 M €20,7 M €21,4 M €21,6 M €22,4 M €21,4 M €19,9 M €18,8 M €18,7 M €18,3 M €17,8 M €17,8 M €18,1 M €16,6 M €
EBITDA-1,5 M €-1,6 M €-420,0 k €965,8 k €2,2 M €1,9 M €1,5 M €1,9 M €1,8 M €2,3 M €1,4 M €1,1 M €1,1 M €908,7 k €293,0 k €787,7 k €959,3 k €991,2 k €
Operating result-2,8 M €-2,9 M €-1,5 M €258,1 k €1,6 M €1,2 M €893,4 k €1,3 M €1,2 M €1,8 M €803,9 k €523,1 k €519,3 k €353,9 k €-220,8 k €300,1 k €505,4 k €557,9 k €
Net result-3,1 M €-3,3 M €-1,9 M €252,3 k €1,2 M €870,4 k €577,9 k €862,5 k €766,2 k €1,1 M €532,4 k €404,2 k €342,5 k €390,4 k €-220,1 k €219,0 k €377,0 k €428,6 k €
Balance sheet
Equity5,7 M €2,3 M €647,3 k €2,5 M €2,3 M €5,4 M €4,5 M €3,9 M €3,1 M €2,3 M €1,2 M €5,7 M €5,3 M €4,9 M €4,5 M €4,8 M €4,5 M €4,2 M €
Total assets16,6 M €18,0 M €16,7 M €13,1 M €10,1 M €9,0 M €8,8 M €7,2 M €7,8 M €6,6 M €9,6 M €8,6 M €8,4 M €8,8 M €8,1 M €8,1 M €9,3 M €8,4 M €
Cash3,6 k €1,6 k €6,0 k €2,8 k €745,2 €1,1 k €3,7 k €1,0 k €1,1 k €358,0 €372,0 €484,0 €1,1 k €525,0 €88,4 €7,0 €51,0 €
Debts10,8 M €15,7 M €16,0 M €10,6 M €7,9 M €3,6 M €4,3 M €3,3 M €4,6 M €4,3 M €8,3 M €2,8 M €3,1 M €3,9 M €3,5 M €3,3 M €4,7 M €4,2 M €
Other
Workforce147,3 ETP140,4 ETP142,0 ETP134,9 ETP133,5 ETP129,1 ETP123,8 ETP122,0 ETP120,0 ETP119,0 ETP115,3 ETP114,1 ETP117,1 ETP117,2 ETP117,9 ETP120,8 ETP124,2 ETP127,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 60 ended

Active mandates

Matthias locker

Director · since 01 octobre 2025 · until 13 juin 2028

Active
Nathalie Matterne

Director · since 12 juin 2025 · until 13 juin 2028

Active
Pascal Boon

Director · since 12 juin 2025 · until 13 juin 2028

Active

Ended mandates

Guillaume de Colonges

Director · since 01 novembre 2022 · until 12 juin 2025

Ended
Nathalie Matterne

Director · since 01 novembre 2022 · until 12 juin 2025

Ended
Pascal Boon

Director · since 01 novembre 2022 · until 12 juin 2025

Ended
Pierre Leman

Director · since 01 novembre 2022 · until 12 juin 2025

Ended
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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 date24/06/202608/07/202511/07/202416/06/202328/06/202208/07/2021
General meeting11/06/202612/06/202513/06/202408/06/202309/06/202210/06/2021
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 model31/12/202511/06/202624/06/2026DutchPDF
Full model31/12/202412/06/202508/07/2025DutchPDF
Full model31/12/202313/06/202411/07/2024DutchPDF
Full model31/12/202208/06/202316/06/2023DutchPDF
Full model31/12/202109/06/202228/06/2022DutchPDF
Full model31/12/202010/06/202108/07/2021DutchPDF
Full model31/12/201911/06/202023/06/2020DutchPDF
Full model31/12/201813/06/201910/07/2019DutchPDF
Full model31/12/201714/06/201806/07/2018DutchPDF
Full model31/12/201608/06/201722/06/2017DutchPDF
Full model31/12/201509/06/201627/06/2016DutchPDF
Full model31/12/201411/06/201507/07/2015DutchPDF
Full model31/12/201312/06/201425/06/2014DutchPDF
Full model31/12/201213/06/201311/07/2013DutchPDF
Full model31/12/201114/06/201210/07/2012DutchPDF
Full model31/12/201009/06/201125/08/2011DutchPDF
Full model31/12/200910/06/201020/07/2010DutchPDF
Full model31/12/200811/06/200917/07/2009DutchPDF
Full model31/12/200730/06/200829/08/2008FrenchPDF
Full model31/12/200614/06/200713/07/2007FrenchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 60 ended

Active mandates

Matthias locker

Director · since 01 octobre 2025 · until 13 juin 2028

Active
Nathalie Matterne

Director · since 12 juin 2025 · until 13 juin 2028

Active
Pascal Boon

Director · since 12 juin 2025 · until 13 juin 2028

Active

Ended mandates

Guillaume de Colonges

Director · since 01 novembre 2022 · until 12 juin 2025

Ended
Nathalie Matterne

Director · since 01 novembre 2022 · until 12 juin 2025

Ended
Pascal Boon

Director · since 01 novembre 2022 · until 12 juin 2025

Ended
Pierre Leman

Director · since 01 novembre 2022 · until 12 juin 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares22/01/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Capital / shares22/01/2026
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Mandates21/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares20/01/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Capital / shares20/01/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Mandates16/10/2024
    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 2025-3,1 M €
  2. 2024
    Annual accounts 2024-3,3 M €
  3. 2023
    Annual accounts 2023-1,9 M €
  4. 2022
    Annual accounts 2022252,3 k €
  5. 2021
    Annual accounts 20211,2 M €
  6. 2020
    Annual accounts 2020870,4 k €
  7. 2019
    Annual accounts 2019577,9 k €
  8. 2018
    Annual accounts 2018862,5 k €
  9. 2017
    Annual accounts 2017766,2 k €
  10. 2016
    Annual accounts 20161,1 M €
  11. 2015
    Annual accounts 2015532,4 k €
  12. 2014
    Annual accounts 2014404,2 k €
  13. 2013
    Annual accounts 2013342,5 k €
  14. 2012
    Annual accounts 2012390,4 k €
  15. 2011
    Annual accounts 2011-220,1 k €
  16. 2010
    Annual accounts 2010219,0 k €
  17. 2009
    Annual accounts 2009377,0 k €
  18. 2008
    Annual accounts 2008428,6 k €
  19. 30/10/1998
    IncorporationPublic limited company