ACTIVE

LE PAIN D'ANTAN

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Financial year 2025 · closed on 31/12/2025

Net result

91,9 k €

-80.6% YoY

Revenue

14,7 M €

+9.3% YoY

Equity

1,1 M €

-14.0% YoY

Workforce

112,2 ETP

-0.9% YoY

What does LE PAIN D'ANTAN do?

LE PAIN D'ANTAN is a Public limited company incorporated in 1999. Its main activity is: Manufacture of bread; manufacture of fresh pastry goods and cakes. Its registered office is in Gembloux. It employs on average 112,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0465.205.070

Incorporation

11/01/1999

Legal form

Public limited company

Registered office

Rue des Poiriers, Sauv. 1
5030 Gembloux · WallonieSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Average workforce

112,2 ETP

Activities (NACE)

10712Manufacture of bread; manufacture of fresh pastry goods and cakes· main 10712Manufacture of bread; manufacture of fresh pastry goods and cakes 15812Manufacture of leather and related products 47241Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores 47241Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores 52240Cargo handling

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2022		2021		2020		2019		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	14,7 M €	+9.3%	13,4 M €	+16.4%	11,6 M €	+120%	5,2 M €		0 €		–		–		–		–		–		–		–		–		–		–		–		–		–		–		0 €
EBITDA	953,4 k €	-25.3%	1,3 M €	+38.6%	921 k €	+224%	284,4 k €	-49.0%	558,1 k €	-39.3%	919,7 k €	+7.6%	854,4 k €	+56.0%	547,8 k €	+3.6%	529 k €	-5.3%	558,4 k €	+10.6%	504,9 k €	+15.9%	435,8 k €	+49.6%	291,3 k €	+32.1%	220,5 k €	+23.3%	178,9 k €	+4.9%	170,6 k €	+0.6%	169,6 k €	+44.4%	117,5 k €	+59.4%	73,7 k €	-1.2%	74,6 k €
Operating result	321,8 k €	-51.0%	657,2 k €	+102%	326,1 k €	+238%	96,5 k €	-39.2%	158,7 k €	-63.9%	439 k €	-12.3%	500,6 k €	+676%	64,5 k €	-67.0%	195,6 k €	-19.3%	242,4 k €	+14.7%	211,3 k €	-11.6%	239 k €	+104%	117 k €	+58.5%	73,8 k €	+26.7%	58,3 k €	-0.2%	58,4 k €	-28.8%	82 k €	+127%	36,1 k €	+4639%	-796 €	-161%	1,3 k €
Net result	91,9 k €	-80.6%	474,2 k €	+183%	167,8 k €	+322%	-75,5 k €	-213%	66,6 k €	-77.1%	291,1 k €	-30.0%	415,7 k €	+2704%	14,8 k €	-86.7%	111,3 k €	-19.3%	138 k €	+10.3%	125 k €	-9.4%	138 k €	+176%	50,1 k €	+50.6%	33,2 k €	+23.2%	27 k €	+39.1%	19,4 k €	-65.0%	55,4 k €	+5920%	920 €	+103%	-29,6 k €	+1.8%	-30,2 k €
Balance sheet
Equity	1,1 M €	-14.0%	1,3 M €	+30.4%	999,5 k €	+11.5%	896,2 k €	-7.8%	971,7 k €	+7.4%	905,1 k €	+14.6%	789,6 k €	+27.1%	621,1 k €	+1.7%	610,5 k €	+21.3%	503,4 k €	+29.6%	388,4 k €	+45.1%	267,6 k €	+25.1%	213,8 k €	+27.3%	168 k €	+20.9%	139 k €	+87.9%	74 k €	+35.6%	54,6 k €	+6657%	-832 €	+52.5%	-1,8 k €	-106%	27,9 k €
Total assets	8,1 M €	+2.1%	7,9 M €	+6.1%	7,5 M €	+30.2%	5,7 M €	+9.0%	5,3 M €	-4.7%	5,5 M €	+13.5%	4,9 M €	+56.1%	3,1 M €	+56.8%	2 M €	-3.9%	2,1 M €	-4.8%	2,2 M €	+51.3%	1,4 M €	+25.6%	1,1 M €	+4.3%	1,1 M €	+48.5%	737,5 k €	-6.2%	786,7 k €	+18.0%	666,8 k €	+1.2%	659 k €	-6.6%	705,7 k €	+4.2%	677,2 k €
Cash	415,5 k €	-17.3%	502,6 k €	-26.6%	684,9 k €	+64.1%	417,5 k €	+9.9%	380 k €	-23.9%	499,4 k €	-22.5%	644,6 k €	+154%	253,7 k €	-31.6%	370,9 k €	+20.7%	307,3 k €	-49.3%	606 k €	+53.1%	395,8 k €	+83.8%	215,4 k €	-18.3%	263,6 k €	+364%	56,9 k €	-24.3%	75,2 k €	+31.2%	57,3 k €	+136%	24,3 k €	-60.3%	61 k €	+628%	8,4 k €
Debts	6,6 M €	+5.2%	6,2 M €	-3.2%	6,4 M €	+33.0%	4,8 M €	+12.9%	4,3 M €	-7.1%	4,6 M €	+13.4%	4,1 M €	+63.4%	2,5 M €	+81.5%	1,4 M €	-12.3%	1,6 M €	-12.3%	1,8 M €	+52.7%	1,2 M €	+25.9%	927,3 k €	+0.0%	927,2 k €	+55.7%	595,5 k €	-16.5%	712,7 k €	+16.4%	612,3 k €	-7.2%	659,8 k €	-6.5%	705,9 k €	+8.7%	649,3 k €
Other
Workforce	112,2 ETP	-0.9%	113,2 ETP	+30.0%	87,1 ETP	+7.9%	80,7 ETP	+22.8%	65,7 ETP	+31.9%	49,8 ETP	+2.0%	48,8 ETP	+6.1%	46,0 ETP	0.0%	46,0 ETP	+84.0%	25,0 ETP	0.0%	25,0 ETP	+10.6%	22,6 ETP	-1.7%	23,0 ETP	+4.5%	22,0 ETP	+10.0%	20,0 ETP	+52.7%	13,1 ETP	+10.1%	11,9 ETP	+8.2%	11,0 ETP	+46.7%	7,5 ETP	+121%	3,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Hafedh Ben Naceur

Director · since 27 juin 2025

Active

Ended mandates

Hafedh Ben Naceur

Director · since 05 janvier 1999

Ended

Hafedh Ben Naceur

Director

Ended

Hafedh BENNACEUR

Manager

Ended

At this address

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CHARBED● Active	0430.094.436
IMMOCEVA● Active	0730.708.522
J.C.D.C.● Active	0476.557.535
KEBILI● Active	0712.688.296
LACHEBA● Active	0704.961.950
OTHMAN IMMO● Active	0798.609.314
TOMBAR● Active	0699.949.129

Annual accounts

Full financial information

	2025	2024	2023	2022	2022	2021
Type of account	Full model	Full model	Full model	Full model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/07/2022	01/07/2021	01/07/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	30/06/2022	30/06/2021
Length of the financial year	12 months	12 months	12 months	6 months	12 months	12 months
Filing date	30/06/2026	04/07/2025	19/07/2024	05/10/2023	29/12/2022	07/01/2022
General meeting	26/06/2026	27/06/2025	05/07/2024	05/10/2023	25/10/2022	26/10/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/06/2026	30/06/2026	French	PDF
Full model	31/12/2024	27/06/2025	04/07/2025	French	PDF
Full model	31/12/2023	05/07/2024	19/07/2024	French	PDF
Full model	31/12/2022	05/10/2023	05/10/2023	French	PDF
Abridged model	30/06/2022	25/10/2022	29/12/2022	French	PDF
Abridged model	30/06/2021	26/10/2021	07/01/2022	French	PDF
Abridged model	30/06/2020	27/10/2020	17/02/2021	French	PDF
Abridged model	30/06/2019	22/10/2019	15/01/2020	French	PDF
Abridged model	31/12/2017	29/05/2018	24/07/2018	French	PDF
Abridged model	31/12/2016	23/05/2017	28/07/2017	French	PDF
Abridged model	31/12/2015	24/05/2016	09/08/2016	French	PDF
Abridged model	31/12/2014	26/05/2015	29/07/2015	French	PDF
Abridged model	31/12/2013	27/05/2014	25/07/2014	French	PDF
Abridged model	31/12/2012	28/05/2013	26/06/2013	French	PDF
Abridged model	31/12/2011	22/05/2012	21/08/2012	French	PDF
Abridged model	31/12/2010	24/05/2011	28/06/2011	French	PDF
Abridged model	31/12/2009	25/05/2010	02/08/2010	French	PDF
Abridged model	31/12/2008	26/05/2009	31/07/2009	French	PDF
Abridged model	31/12/2007	27/05/2008	21/08/2008	French	PDF
Abridged model	31/12/2006	22/05/2007	27/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 1 active · 3 ended

Active mandates

Hafedh Ben Naceur

Director · since 27 juin 2025

Active

Ended mandates

Hafedh Ben Naceur

Director · since 05 janvier 1999

Ended

Hafedh Ben Naceur

Director

Ended

Hafedh BENNACEUR

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/07/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates17/01/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates11/01/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE
PDF
Registered office06/03/2020
SIEGE SOCIAL
PDF
Other21/11/2018
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - OBJET - ASSEMBLEE GENERALE - ANNEE COMPTABLE
PDF
Mandates29/01/2003
DEMISSIONS, NOMINATIONS
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 202591,9 k €↓
2024
Annual accounts 2024474,2 k €↑
2023
Annual accounts 2023167,8 k €↑
2022
Annual accounts 2022-75,5 k €↓
2022
Annual accounts 202266,6 k €↓
2021
Annual accounts 2021291,1 k €↓
2020
Annual accounts 2020415,7 k €↑
2019
Annual accounts 201914,8 k €↓
2017
Annual accounts 2017111,3 k €↓
2016
Annual accounts 2016138 k €↑
2015
Annual accounts 2015125 k €↓
2014
Annual accounts 2014138 k €↑
2013
Annual accounts 201350,1 k €↑
2012
Annual accounts 201233,2 k €↑
2011
Annual accounts 201127 k €↑
2010
Annual accounts 201019,4 k €↓
2009
Annual accounts 200955,4 k €↑
2008
Annual accounts 2008920 €↑
2007
Annual accounts 2007-29,6 k €↑
2006
Annual accounts 2006-30,2 k €
11/01/1999
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

LE PAIN D'ANTAN

Overview

What does LE PAIN D'ANTAN do?

Trend over 20 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