SMILING BAKER
0667.999.210 · rovalta.com · 09/11/2026
ACTIVE
SMILING BAKER
Financial year 2025 · Closed on 31/12/2025
Net result2 M €-18,3 %over 1 year
Revenue12,5 M €-20,8 %over 1 year
Equity6,8 M €+37,1 %over 1 year
Workforce32,0 ETP+30,6 %over 1 year
Overview
Identity
Source · BCE/KBOSMILING BAKER is a Public limited company incorporated in 2016. Its main activity is: Manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes. Its registered office is in Oupeye. It employs on average 32,0 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0667.999.210
- Incorporation
- 22/12/2016
- Legal form
- Public limited company
- Registered office
- Rue César de Paepe 55
4683 Oupeye · WallonieSee on map - Contributed capital
- 62 000,00 €
- Latest accounts
- 31/12/2025
- Average workforce
- 32,0 ETP
Activities (NACE)
10720Manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes· main10720Manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes47241Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores47241Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores10720Manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes10720Manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes
Joint committees (2)
- 118
- 220
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue
Financials
Source · NBB, 8 filingsTrend over 8 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 12,5 M € | -20.8% | 15,8 M € | – | – | – | |||
| EBITDA | 3,9 M € | -7.7% | 4,2 M € | +6.5% | 3,9 M € | +73.0% | 2,3 M € | +61.1% | 1,4 M € |
| Operating result | 2,4 M € | -13.7% | 2,8 M € | +33.8% | 2,1 M € | +296% | 527 k € | +89.8% | 277,6 k € |
| Net result | 2 M € | -18.3% | 2,5 M € | +10.3% | 2,3 M € | +343% | 509,3 k € | +73.4% | 293,6 k € |
| Balance sheet | |||||||||
| Equity | 6,8 M € | +37.1% | 4,9 M € | +78.8% | 2,8 M € | +0.6% | 2,7 M € | +44.1% | 1,9 M € |
| Total assets | 9,8 M € | +16.5% | 8,4 M € | -24.2% | 11,1 M € | +11.2% | 9,9 M € | +18.1% | 8,4 M € |
| Cash | 20,1 k € | -86.1% | 144,9 k € | -67.4% | 445,1 k € | +0.5% | 442,8 k € | +133% | 189,8 k € |
| Debts | 3 M € | -13.1% | 3,4 M € | -58.5% | 8,3 M € | +15.3% | 7,2 M € | +10.5% | 6,5 M € |
| Other | |||||||||
| Workforce | 32,0 ETP | +30.6% | 24,5 ETP | +2.1% | 24,0 ETP | – | – | ||
Valuation
Indicative valuation
As an indication, this company is worth
between 25 M€ and 50 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20251 active · 2 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Julie PIETTEUR | Directorsince 28/03/2024Mandate2023 accountsended |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Didier PIETTEUR | Mandate2022 accounts | ||
| Mandate2020 accounts |
Other companies at this address
Rue César de Paepe 55 4683 Oupeye| Company | CBE no. |
|---|---|
ORYX CAPITAL● Active | 1041.899.863 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Abridged model | Abridged model | Abridged model | Micro model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 30/06/2026 | 31/07/2025 | 02/07/2024 | 31/08/2023 | 29/07/2022 | 29/07/2021 |
| General meeting | 15/06/2026 | 30/06/2025 | 25/06/2024 | 15/05/2023 | 16/05/2022 | 17/05/2021 |
| 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 freeAnnual accounts filings
Source · NBB, 8 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 15/06/2026 | 30/06/2026 | French | |
| Full model | 31/12/2024 | 30/06/2025 | 31/07/2025 | French | |
| Abridged model | 31/12/2023 | 25/06/2024 | 02/07/2024 | French | |
| Abridged model | 31/12/2022 | 15/05/2023 | 31/08/2023 | French | |
| Abridged model | 31/12/2021 | 16/05/2022 | 29/07/2022 | French | |
| Micro model | 31/12/2020 | 17/05/2021 | 29/07/2021 | French | |
| Abridged model | 31/12/2019 | 18/05/2020 | 30/07/2020 | French | |
| Abridged model | 30/11/2018 | 25/04/2019 | 26/04/2019 | French |
Valuation
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.
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 31/12/20251 active · 2 ended
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Julie PIETTEUR | Directorsince 28/03/2024Mandate2023 accountsended |
Ended mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Didier PIETTEUR | Mandate2022 accounts | ||
| Mandate2020 accounts |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates18/04/2024DEMISSIONS, NOMINATIONS
- Mandates02/08/2022STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
- Registered office04/02/2022SIEGE SOCIAL
- Other19/10/2018STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - ANNEE COMPTABLE
- Other27/12/2016RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
Source · CBE, NBB annual accountsYear
Identity
Incorporation
Name
Registered office
Annual accounts
Filings8 filings
Mandates
Julie PIETTEUR
Elaboration de Système
Didier PIETTEUR
20162017201820192020202120222023202420252026
SMILING BAKER
Rue César de Paepe 55, 4683 Vivegnis
Director
CurrentPlanned, not yet servedEndedAccounts filedToday
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Rue César de Paepe 55, 4683 VivegnisCurrent | accounts 2021 → 2025 | Accounts 2025 · 2026-00224340 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| SMILING BAKERCurrent | accounts 2021 → 2025 | Accounts 2025 · 2026-00224340 |
Events
- 2025Annual accounts 20252 M €↓
- 2024Annual accounts 20242,5 M €↑
- 2023Annual accounts 20232,3 M €↑
- 2022Annual accounts 2022509,3 k €↑
- 2021Annual accounts 2021293,6 k €↓
- 2020Annual accounts 2020661,6 k €↑
- 2019Annual accounts 2019471 k €↑
- 2018Annual accounts 2018142,5 k €
- 22/12/2016IncorporationPublic limited company