ACTIVE

Flora Food Belgium

Financial year 2025 · Closed on 31/12/2025

Net result3,2 M €+153,4 %over 1 year
Revenue79 M €+4,9 %over 1 year
Equity17,2 M €+23,2 %over 1 year
Workforce26,9 ETP-20,2 %over 1 year

Identity

Source · BCE/KBO

Flora Food Belgium is a Public limited company incorporated in 2015. Its main activity is: Agents involved in the sale of food, beverages and tobacco. Its registered office is in Berchem-Sainte-Agathe. It employs on average 26,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0629.992.828
Incorporation
12/05/2015
Legal form
Public limited company
Registered office
Avenue Charles-Quint 586
1082 Berchem-Sainte-Agathe · BruxellesSee on map
Contributed capital
90 099,00 €
Latest accounts
31/12/2025
Average workforce
26,9 ETP
Joint committees (2)
  • 118
  • 220
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 11 filings

Trend over 11 financial years

20252024202320222021
Income statement
Revenue79 M €75,3 M €82,8 M €77,2 M €76,8 M €
EBITDA2,9 M €634,9 k €3,7 M €3 M €2,8 M €
Operating result2,9 M €612,5 k €3,1 M €2,9 M €2,7 M €
Net result3,2 M €1,3 M €2,5 M €2,5 M €2,2 M €
Balance sheet
Equity17,2 M €14 M €12,7 M €10,2 M €7,7 M €
Total assets49,1 M €42,6 M €42,9 M €43 M €51,2 M €
Cash294,9 k €970,4 k €413 k €1,2 M €51,2 k €
Debts30,9 M €27,8 M €29,1 M €31,9 M €42,7 M €
Other
Workforce26,9 ETP33,7 ETP29,0 ETP26,3 ETP26,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 38 ended

Active mandates

Keshwar Ootaree

Director · since 30 octobre 2024 · until 30 octobre 2030

Active
Olivier Blangeard

Director · since 11 juin 2024

Active

Ended mandates

Gökhan Kaltan

Director · since 31 octobre 2023 · until 31 octobre 2029

Ended
Malte Hoffman

Director · since 18 août 2023

Ended
Kris Paul E Van Broeck

Director · since 04 juillet 2022 · until 11 juin 2024

Ended
Matthijs Willem Frans Oehlen

Director · since 04 juillet 2022 · until 31 octobre 2023

Ended

Other companies at this address

Avenue Charles-Quint 586 1082 Berchem-Sainte-Agathe
CompanyCBE no.
BEL II Invest● Active
0767.619.396
0793.879.276
0403.026.585
0440.540.643
0870.816.708
0567.988.448
0475.439.857
GLOBAL INVESTMENTS● Liquidation
0508.542.294
Grimobel● Active
0421.854.483
0403.449.724
0404.922.936
MGO Invest● Active
0642.802.271
MONSTER BELGIUM● Active
0465.199.825
Optima Group● Liquidation
0468.248.692
RACINE● Active
0430.140.164
0802.112.103
0821.819.434
1017.289.280

Full financial information

Source · NBB
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 date11/06/202623/06/202505/07/202403/07/202324/11/202228/09/2021
General meeting09/06/202610/06/202514/06/202427/06/202314/11/202210/09/2021
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 model31/12/202509/06/202611/06/2026DutchPDF
Full model31/12/202410/06/202523/06/2025DutchPDF
Full model31/12/202314/06/202405/07/2024DutchPDF
Full model31/12/202227/06/202303/07/2023DutchPDF
Full model31/12/202114/11/202224/11/2022DutchPDF
Full model31/12/202010/09/202128/09/2021DutchPDF
Full model31/12/201918/08/202017/09/2020DutchPDF
Full model31/12/201811/06/201920/06/2019DutchPDF
Full model31/12/201712/06/201828/06/2018DutchPDF
Full model31/12/201613/06/201721/06/2017DutchPDF
Full model31/12/201522/06/201607/07/2016DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/12/2024

2 active · 38 ended

Active mandates

Keshwar Ootaree

Director · since 30 octobre 2024 · until 30 octobre 2030

Active
Olivier Blangeard

Director · since 11 juin 2024

Active

Ended mandates

Gökhan Kaltan

Director · since 31 octobre 2023 · until 31 octobre 2029

Ended
Malte Hoffman

Director · since 18 août 2023

Ended
Kris Paul E Van Broeck

Director · since 04 juillet 2022 · until 11 juin 2024

Ended
Matthijs Willem Frans Oehlen

Director · since 04 juillet 2022 · until 31 octobre 2023

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates19/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other17/10/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Mandates26/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other06/05/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates01/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/12/2022
    ONTSLAGEN - BENOEMINGEN
    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 20253,2 M €↑
  2. 01/01/2025
    nominationDeloitte Bedrijfsrevisoren BV — commissaris
  3. 2024
    Annual accounts 20241,3 M €↓
  4. 30/10/2024
    nominationKeshwar Ootaree — bestuurder
  5. 11/06/2024
    nominationOlivier Blangeard — bestuurder
  6. 2024
    Name changeFlora Food Belgium
  7. 2023
    Annual accounts 20232,5 M €↓
  8. 31/10/2023
    nominationGokhan Katlan — bestuurder
  9. 18/08/2023
    nominationMalte Hoffman — bestuurder
  10. 2022
    Annual accounts 20222,5 M €↑
  11. 14/11/2022
    nominationDeloitte Bedrijfsrevisoren/Réviseurs d'Entreprises BV/SRL — commissaris
  12. 04/07/2022
    nominationMatthijs Willem Frans Oehlen — bestuurder
  13. 04/07/2022
    nominationKris Paul E Van Broeck — bestuurder
  14. 04/07/2022
    demissionLauren Kate Tolond — bestuurder
  15. 04/07/2022
    demissionPhilip Meskens — bestuurder
  16. 04/07/2022
    demissionSander Wilhelmus Maria Leenders — bestuurder
  17. 2021
    Annual accounts 20212,2 M €↑
  18. 2020
    Annual accounts 20201,8 M €↓
  19. 2019
    Annual accounts 20192,9 M €↑
  20. 2018
    Annual accounts 2018551,8 k €↑
  21. 2018
    Name changeUPFIELD SPREADS BELGIUM
  22. 2017
    Annual accounts 2017485,1 k €↓
  23. 2016
    Annual accounts 2016804,2 k €↑
  24. 2015
    Annual accounts 2015389,3 k €
  25. 12/05/2015
    IncorporationPublic limited company
  26. 2015
    Name changeUnilever BCS Belgium