CRUMBEL
0604.974.053 · rovalta.com · 25/09/2026
ACTIVE
CRUMBEL
Financial year 2025 · Closed on 31/12/2025
Net result4,7 M €+38,6 %over 1 year
Gross margin15 M €+38,3 %over 1 year
Equity15,7 M €+41,6 %over 1 year
Workforce92,5 ETP+31,2 %over 1 year
Overview
Identity
Source · BCE/KBOCRUMBEL is a Public limited company incorporated in 2015. Its main activity is: Manufacture of bread; manufacture of fresh pastry goods and cakes. Its registered office is in Oostende. It employs on average 92,5 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0604.974.053
- Incorporation
- 17/03/2015
- Legal form
- Public limited company
- Registered office
- Heerweg 11
8400 Oostende · FlandreSee on map - Contributed capital
- 61 500,00 €
- Latest accounts
- 31/12/2025
- Average workforce
- 92,5 ETP
Activities (NACE)
10712Manufacture of bread; manufacture of fresh pastry goods and cakes· main10712Manufacture of bread; manufacture of fresh pastry goods and cakes10720Manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes10720Manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes10712Manufacture of bread; manufacture of fresh pastry goods and cakes10712Manufacture of bread; manufacture of fresh pastry goods and cakes+2
Joint committees (2)
- 118
- 220
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 10 filingsTrend over 5 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 15 M € | +38.3% | 10,8 M € | +36.6% | 7,9 M € | +41.7% | 5,6 M € | +16.1% | 4,8 M € |
| EBITDA | 9 M € | +39.0% | 6,5 M € | +43.9% | 4,5 M € | +42.9% | 3,1 M € | +19.1% | 2,6 M € |
| Operating result | 5 M € | +38.3% | 3,6 M € | +11.8% | 3,2 M € | +61.5% | 2 M € | +17.7% | 1,7 M € |
| Net result | 4,7 M € | +38.6% | 3,4 M € | +10.8% | 3 M € | +58.9% | 1,9 M € | +16.2% | 1,6 M € |
| Balance sheet | |||||||||
| Equity | 15,7 M € | +41.6% | 11,1 M € | +42.5% | 7,8 M € | +63.1% | 4,8 M € | +60.9% | 3 M € |
| Total assets | 26,3 M € | +25.0% | 21 M € | +26.5% | 16,6 M € | +1.0% | 16,4 M € | +45.3% | 11,3 M € |
| Cash | 7,4 k € | -99.1% | 815,2 k € | +161% | 312,9 k € | +60.7% | 194,7 k € | +83.7% | 106 k € |
| Debts | 10,6 M € | +6.6% | 9,9 M € | +12.4% | 8,8 M € | -24.3% | 11,6 M € | +40.6% | 8,3 M € |
| Other | |||||||||
| Workforce | 92,5 ETP | +31.2% | 70,5 ETP | +18.1% | 59,7 ETP | +25.4% | 47,6 ETP | +38.0% | 34,5 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 50 M€ and 100 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/2025Other companies at this address
Heerweg 11 8400 Oostende| Company | CBE no. |
|---|---|
Groep Hanssens● Active | 0627.942.663 |
Hanssens● Active | 0758.894.346 |
HANSSENS HOLDING● Active | 1040.855.827 |
IMMO HANSSENS● Active | 0429.672.287 |
PATSIMMO● Active | 0451.196.983 |
Financials
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 | 01/10/2020 | 01/10/2019 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 30/09/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 15 months | 12 months |
| Filing date | 17/07/2026 | 14/07/2025 | 24/07/2024 | 14/07/2023 | 28/07/2022 | 23/03/2021 |
| General meeting | 17/06/2026 | 19/06/2025 | 28/06/2024 | 15/06/2023 | 12/07/2022 | 05/03/2021 |
| 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 · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 10 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 17/06/2026 | 17/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 19/06/2025 | 14/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 28/06/2024 | 24/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 15/06/2023 | 14/07/2023 | Dutch | |
| Abridged model | 31/12/2021 | 12/07/2022 | 28/07/2022 | Dutch | |
| Abridged model | 30/09/2020 | 05/03/2021 | 23/03/2021 | Dutch | |
| Abridged model | 30/09/2019 | 26/03/2020 | 08/04/2020 | Dutch | |
| Abridged model | 30/09/2018 | 01/03/2019 | 07/03/2019 | Dutch | |
| Abridged model | 30/09/2017 | 02/03/2018 | 22/03/2018 | Dutch | |
| Abridged model | 30/09/2016 | 03/03/2017 | 09/03/2017 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 50 M€ and 100 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/2025Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates06/05/2026ONTSLAGEN - BENOEMINGEN
- Mandates24/08/2022ONTSLAGEN - BENOEMINGEN
- Mandates14/04/2021ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
- Mandates25/02/2020STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - ONTSLAGEN - BENOEMINGEN
- Mandates06/03/2019ONTSLAGEN - BENOEMINGEN
- Mandates23/03/2018ONTSLAGEN - BENOEMINGEN
- Capital / shares08/01/2018KAPITAAL - AANDELEN
- Other19/03/2015RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20254,7 M €↑
- 2024Annual accounts 20243,4 M €↑
- 2023Annual accounts 20233 M €↑
- 2022Annual accounts 20221,9 M €↑
- 2021Annual accounts 20211,6 M €
- 2019Name changeCrumbel
- 2016Name changeSUCAKE
- 17/03/2015IncorporationPublic limited company