NORMAL SITUATION

SPICES SIGNATURE

Company — Normal situation.

Financial year 2024 · Closed on 31/12/2024

Net result233,3 k €+224,7 %over 1 year
Equity16 M €+1,5 %over 1 year

Identity

Source · BCE/KBO

SPICES SIGNATURE is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0543.418.645
Legal form
Public limited company
Contributed capital
16 100 000,00 €
Latest accounts
31/12/2024
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 11 filings

Trend over 11 financial years

20242023202220212020
Income statement
EBITDA65,3 k €72,5 k €33,3 k €191,9 k €101,4 k €
Operating result65,3 k €72,5 k €33,3 k €191,9 k €101,4 k €
Net result233,3 k €71,8 k €32,7 k €190,8 k €101,1 k €
Balance sheet
Equity16 M €15,7 M €15,7 M €15,6 M €15,4 M €
Total assets19 M €18,8 M €18,2 M €17,6 M €16,8 M €
Cash0,4 €25,9 €2,4 k €287,9 €89,1 €
Debts3 M €3 M €2,5 M €2 M €1,4 M €
Other
Workforce–––––

Board of directors

Source · NBB, accounts to 31/12/2024

4 active · 21 ended

Active mandates

TSF Holding

Director · since 18 mars 2025 · until 30 mai 2031 · 1020.542.443

Represented by David De Peuter

Active
ELFENBANK

Managing director · since 29 mai 2020 · until 18 mars 2025 · 0542.994.320

Represented by Davy DE MUYER

Active
Gilde Equity Management (GEM) Benelux Partners

Director · since 29 mai 2020 · until 18 mars 2025 · 0536.351.602

Represented by Gerhard NORDEMANN

Active
Infinite Management

Director · since 29 mai 2020 · until 30 mai 2031 · 0680.875.266

Represented by Jorgen DE PELSMAEKER

Active

Ended mandates

ELFENBANK

Managing director · since 29 mai 2020 · until 26 mai 2023 · 0542.994.320

Represented by Davy DE MUYER

Ended
ELFENBANK

Managing director · since 29 mai 2020 · until 26 mai 2026 · 0542.994.320

Represented by Davy DE MUYER

Ended
ELFENBANK

Managing director · since 29 mai 2020 · 0542.994.320

Represented by Davy de MUYER

Ended
Gilde Equity Management (GEM) Benelux Partners

Director · since 29 mai 2020 · until 26 mai 2023 · 0536.351.602

Represented by Gerhard NORDEMANN

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date25/06/202513/08/202410/07/202308/07/202202/08/202130/06/2020
General meeting30/05/202531/05/202426/05/202327/05/202228/05/202129/05/2020
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, 11 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202430/05/202525/06/2025DutchPDF
Full model31/12/202331/05/202413/08/2024DutchPDF
Full model31/12/202226/05/202310/07/2023DutchPDF
Full model31/12/202127/05/202208/07/2022DutchPDF
Full model31/12/202028/05/202102/08/2021DutchPDF
Full model31/12/201929/05/202030/06/2020DutchPDF
Full model31/12/201831/05/201927/06/2019DutchPDF
Full model31/12/201729/06/201831/07/2018DutchPDF
Full model31/12/201626/05/201730/08/2017DutchPDF
Full model31/12/201527/05/201611/07/2016DutchPDF
Full model31/12/201429/05/201529/06/2015DutchPDF

Indicative valuation

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 31/12/2024

4 active · 21 ended

Active mandates

TSF Holding

Director · since 18 mars 2025 · until 30 mai 2031 · 1020.542.443

Represented by David De Peuter

Active
ELFENBANK

Managing director · since 29 mai 2020 · until 18 mars 2025 · 0542.994.320

Represented by Davy DE MUYER

Active
Gilde Equity Management (GEM) Benelux Partners

Director · since 29 mai 2020 · until 18 mars 2025 · 0536.351.602

Represented by Gerhard NORDEMANN

Active
Infinite Management

Director · since 29 mai 2020 · until 30 mai 2031 · 0680.875.266

Represented by Jorgen DE PELSMAEKER

Active

Ended mandates

ELFENBANK

Managing director · since 29 mai 2020 · until 26 mai 2023 · 0542.994.320

Represented by Davy DE MUYER

Ended
ELFENBANK

Managing director · since 29 mai 2020 · until 26 mai 2026 · 0542.994.320

Represented by Davy DE MUYER

Ended
ELFENBANK

Managing director · since 29 mai 2020 · 0542.994.320

Represented by Davy de MUYER

Ended
Gilde Equity Management (GEM) Benelux Partners

Director · since 29 mai 2020 · until 26 mai 2023 · 0536.351.602

Represented by Gerhard NORDEMANN

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Dissolution22/07/2025
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Dissolution22/07/2025
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring20/05/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring20/05/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates24/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares28/07/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024233,3 k €↑
  2. 2023
    Annual accounts 202371,8 k €↑
  3. 2022
    Annual accounts 202232,7 k €↓
  4. 2021
    Annual accounts 2021190,8 k €↑
  5. 2020
    Annual accounts 2020101,1 k €↑
  6. 2019
    Annual accounts 201913,4 k €↓
  7. 2018
    Annual accounts 2018152,4 k €↑
  8. 2017
    Annual accounts 201730,8 k €↑
  9. 2016
    Annual accounts 2016-115,8 k €↓
  10. 2015
    Annual accounts 2015-72,7 k €↑
  11. 2014
    Annual accounts 2014-764,4 k €