ACTIVE

Cargill R&D Centre Europe

Financial year 2025 · Closed on 31/05/2025

Net result-7,2 M €-967,4 %over 1 year
Revenue62,7 M €+32,7 %over 1 year
Equity74,3 M €-8,8 %over 1 year
Workforce186,9 ETP-1,6 %over 1 year

Identity

Source · BCE/KBO

Cargill R&D Centre Europe is a Private limited company incorporated in 2003. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Vilvoorde. It employs on average 186,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0479.775.163
Incorporation
13/03/2003
Legal form
Private limited company
Registered office
Havenstraat 84
1800 Vilvoorde · FlandreSee on map
Contributed capital
1 100 000,00 €
Latest accounts
31/05/2025
Average workforce
186,9 ETP
Joint committees (3)
  • 200
  • 218
  • 220
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 17 financial years

20252024202320222021
Income statement
Revenue62,7 M €47,3 M €56,6 M €54,7 M €50,7 M €
EBITDA39,7 M €36,2 M €35,3 M €35,5 M €36 M €
Operating result-6 M €261,2 k €4,7 M €4,7 M €5,2 M €
Net result-7,2 M €827,9 k €4,4 M €4,4 M €4,8 M €
Balance sheet
Equity74,3 M €81,5 M €80,7 M €76,3 M €71,9 M €
Total assets99,2 M €114,6 M €95,8 M €93,9 M €87,3 M €
Cash––12,7 M €10,1 M €23,2 M €
Debts20,2 M €32,3 M €14,5 M €17,4 M €15,2 M €
Other
Workforce186,9 ETP189,9 ETP180,9 ETP176,3 ETP175,5 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 31/05/2025

3 active · 36 ended

Active mandates

Joachim Van Praet

Administrator - manager · since 28 février 2024

Active
Elisa Meheus

Director · since 09 décembre 2022

Active
Geert Maesmans

Administrator - manager · since 14 octobre 2019

Active

Ended mandates

Douwina Bosscher

Administrator - manager · since 30 octobre 2020 · until 09 décembre 2022

Ended
Douwina Bosscher

Administrator - manager · since 30 octobre 2020

Ended
Daan Van Doorslaer

Administrator - manager · since 14 octobre 2019 · until 28 février 2024

Ended
Daan Van Doorslaer

Administrator - manager · since 14 octobre 2019

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/06/202401/06/202301/06/202201/06/202101/06/202001/06/2019
Closing of the financial year31/05/202531/05/202431/05/202331/05/202231/05/202131/05/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date04/12/202512/12/202412/12/202320/12/202202/12/202109/11/2020
General meeting27/11/202528/11/202409/11/202305/12/202212/11/202112/10/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/05/202527/11/202504/12/2025DutchPDF
Full model31/05/202428/11/202412/12/2024DutchPDF
Full model31/05/202309/11/202312/12/2023DutchPDF
Full model31/05/202205/12/202220/12/2022DutchPDF
Full model31/05/202112/11/202102/12/2021DutchPDF
Full model31/05/202012/10/202009/11/2020DutchPDF
Full model31/05/201914/10/201928/11/2019DutchPDF
Full model31/05/201829/11/201829/01/2019DutchPDF
Full model31/05/201730/10/201724/11/2017DutchPDF
Full model31/05/201610/10/201618/11/2016DutchPDF
Full model31/05/201512/10/201523/11/2015DutchPDF
Full model31/05/201403/11/201421/11/2014DutchPDF
Full model31/05/201331/10/201320/11/2013DutchPDF
Full model31/05/201208/10/201224/10/2012DutchPDF
Full model31/05/201110/10/201109/11/2011DutchPDF
Full model31/05/201024/11/201024/11/2010DutchPDF
Full model31/05/200912/10/200924/11/2009DutchPDF
Full model31/05/200828/11/200810/12/2008DutchPDF
Full model31/05/200708/10/200724/12/2007DutchPDF

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 31/05/2025

3 active · 36 ended

Active mandates

Joachim Van Praet

Administrator - manager · since 28 février 2024

Active
Elisa Meheus

Director · since 09 décembre 2022

Active
Geert Maesmans

Administrator - manager · since 14 octobre 2019

Active

Ended mandates

Douwina Bosscher

Administrator - manager · since 30 octobre 2020 · until 09 décembre 2022

Ended
Douwina Bosscher

Administrator - manager · since 30 octobre 2020

Ended
Daan Van Doorslaer

Administrator - manager · since 14 octobre 2019 · until 28 février 2024

Ended
Daan Van Doorslaer

Administrator - manager · since 14 octobre 2019

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates31/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/02/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other07/06/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other19/04/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ALGEMENE VERGADERING
    PDF

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 2025-7,2 M €↓
  2. 28/11/2024
    reconductionKPMG Bedrijfsrevisoren BV — Commissaris
  3. 2024
    Annual accounts 2024827,9 k €↓
  4. 28/02/2024
    nominationVAN PRAET Joachim — bestuurder
  5. 2023
    Annual accounts 20234,4 M €↑
  6. 09/12/2022
    nominationElisa Meheus — bestuurder
  7. 2022
    Annual accounts 20224,4 M €↓
  8. 12/11/2021
    nominationOlivier Declerq — vaste vertegenwoordiger van de commissaris
  9. 2021
    Annual accounts 20214,8 M €↑
  10. 2020
    Annual accounts 20203,5 M €↓
  11. 2019
    Annual accounts 20195,7 M €↓
  12. 2018
    Annual accounts 20188,1 M €↓
  13. 2017
    Annual accounts 201713,4 M €↑
  14. 2016
    Annual accounts 20165,8 M €↑
  15. 2015
    Annual accounts 20153,4 M €↓
  16. 2014
    Annual accounts 20144,6 M €↑
  17. 2013
    Annual accounts 20133,4 M €↑
  18. 2012
    Annual accounts 2012-1,1 M €↓
  19. 2011
    Annual accounts 20113,7 M €↓
  20. 2010
    Annual accounts 20104,2 M €↑
  21. 2009
    Annual accounts 20092,1 M €
  22. 13/03/2003
    IncorporationPrivate limited company