ACTIVE

Boulangerie de France

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Financial year 2025 · Closed on 31/12/2025

Net result-27,7 k €-108,9 %over 1 year
Revenue35,5 M €-1,5 %over 1 year
Equity27,6 M €+35,7 %over 1 year
Workforce80,5 ETP+17,2 %over 1 year

Identity

Source · BCE/KBO

Boulangerie de France 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 Erpe-Mere. It employs on average 80,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0630.761.603
Incorporation
21/05/2015
Legal form
Public limited company
Registered office
Industrieweg 29
9420 Erpe-Mere · FlandreSee on map
Contributed capital
28 592 000,00 €
Latest accounts
31/12/2025
Average workforce
80,5 ETP
Joint committees (2)
  • 118
  • 220
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 11 filings

Trend over 11 financial years

20252024202320222021
Income statement
Revenue35,5 M €36,1 M €35,8 M €27,6 M €17,8 M €
EBITDA4,2 M €5,1 M €5,4 M €3,9 M €1,3 M €
Operating result-74,2 k €638,6 k €801,7 k €-519,7 k €-1,3 M €
Net result-27,7 k €311,6 k €747,2 k €-568,5 k €-1 M €
Balance sheet
Equity27,6 M €20,3 M €20,1 M €19,5 M €20,2 M €
Total assets32,3 M €35,4 M €38,2 M €38,8 M €36,3 M €
Cash1,1 M €1,3 M €1,8 M €360,5 k €105,1 k €
Debts4,7 M €14,7 M €17,8 M €19 M €15,9 M €
Other
Workforce80,5 ETP68,7 ETP57,3 ETP52,9 ETP41,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 21 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
INFINOVA1003.905.458Represented by Machteld Moyaert
Director01/01/2024 → 15/05/2031
00
Franky De Grave
Director11/06/2021 → 17/05/2027
000

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
POSITIVE ENERGY0838.608.550Represented by Geert COPPIETERS
Director30/06/2022 → 15/05/2029
DESTCO0677.840.849Represented by Hans DEMEY
Director11/06/2021 → 31/12/2022
000
DESTCO0677.840.849Represented by Hans Demey
Director11/06/2021 → 17/05/2027
000
Franky De Grave
Managing director11/06/2021 → 17/05/2027
000

Other companies at this address

Industrieweg 29 9420 Erpe-Mere
CompanyCBE no.
DIVERSI-FOODS● Active
0443.920.993
Groep Diversi● Active
0720.635.764
MARTIN BRAUN BELGIUM● Active
0437.374.384

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 date23/06/202627/06/202501/07/202429/06/202301/07/202214/06/2021
General meeting16/06/202617/06/202527/06/202420/06/202328/06/202211/06/2021
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 model31/12/202516/06/202623/06/2026DutchPDF
Full model31/12/202417/06/202527/06/2025DutchPDF
Full model31/12/202327/06/202401/07/2024DutchPDF
Full model31/12/202220/06/202329/06/2023DutchPDF
Full model31/12/202128/06/202201/07/2022DutchPDF
Full model31/12/202011/06/202114/06/2021DutchPDF
Full model31/12/201925/06/202025/06/2020DutchPDF
Full model31/12/201815/05/201917/05/2019DutchPDF
Full model31/12/201701/06/201829/06/2018DutchPDF
Full model31/12/201626/04/201723/05/2017DutchPDF
Full model31/12/201520/04/201617/05/2016DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 31/12/2025

2 active · 21 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
INFINOVA1003.905.458Represented by Machteld Moyaert
Director01/01/2024 → 15/05/2031
00
Franky De Grave
Director11/06/2021 → 17/05/2027
000

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
POSITIVE ENERGY0838.608.550Represented by Geert COPPIETERS
Director30/06/2022 → 15/05/2029
DESTCO0677.840.849Represented by Hans DEMEY
Director11/06/2021 → 31/12/2022
000
DESTCO0677.840.849Represented by Hans Demey
Director11/06/2021 → 17/05/2027
000
Franky De Grave
Managing director11/06/2021 → 17/05/2027
000

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates24/09/2025
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares24/07/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates26/02/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/07/2021
    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 2025-27,7 k €↓
  2. 2024
    Annual accounts 2024311,6 k €↓
  3. 2023
    Annual accounts 2023747,2 k €↑
  4. 2022
    Annual accounts 2022-568,5 k €↑
  5. 2021
    Annual accounts 2021-1 M €↓
  6. 2020
    Annual accounts 2020896,6 k €↓
  7. 2019
    Annual accounts 20192,2 M €↑
  8. 2018
    Annual accounts 2018149,9 k €↑
  9. 2017
    Annual accounts 2017-318,8 k €↑
  10. 2016
    Annual accounts 2016-3,4 M €↓
  11. 2015
    Annual accounts 2015-104,7 k €
  12. 21/05/2015
    IncorporationPublic limited company