ACTIVE

Manufacture Belge de Chocolats

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Financial year 2024 · Closed on 31/12/2024

Net result-5,9 M €-203,2 %over 1 year
Revenue25,7 M €-33,8 %over 1 year
Equity25,6 M €-18,6 %over 1 year
Workforce175,1 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

Manufacture Belge de Chocolats is a Private limited company incorporated in 2019. Its main activity is: Manufacture of cocoa, chocolate and sugar confectionery. Its registered office is in Koekelberg. It employs on average 175,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0722.764.519
Incorporation
14/03/2019
Legal form
Private limited company
Registered office
Rue Gemba 5
1081 Koekelberg · BruxellesSee on map
Contributed capital
41 457 393,09 €
Latest accounts
31/12/2024
Average workforce
175,1 ETP
Joint committees (2)
  • 118
  • 220
Signals
Solid equityLow riskGood liquidityHealthy social debtsHigh revenue

Financials

Source · NBB, 9 filings

Trend over 6 financial years

20242023202220212020
Income statement
Revenue25,7 M €38,8 M €36,8 M €34,5 M €28,3 M €
EBITDA-1,3 M €3,7 M €2,7 M €5 M €1,8 M €
Operating result-5,8 M €-866,7 k €-2,6 M €1,8 M €-2,4 M €
Net result-5,9 M €-1,9 M €-6,1 M €-2 M €-421,7 k €
Balance sheet
Equity25,6 M €31,5 M €-8 M €-1,9 M €24,3 k €
Total assets32,2 M €38,5 M €41,9 M €45,5 M €42,7 M €
Cash938,1 k €2,9 M €7,6 M €1,6 M €5,1 M €
Debts6,1 M €6,4 M €49,5 M €47 M €42,2 M €
Other
Workforce175,1 ETP175,1 ETP185,2 ETP191,1 ETP203,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 4 ended

Active mandates

Arnaud Verwilghen

Administrator - manager · since 13 juillet 2023

Active
Jérôme Chouchan

Administrator - manager · since 03 juin 2019

Active

Ended mandates

PricewaterhouseCoopers Reviseurs d'Entreprises

Registered auditor · since 30 juin 2022 · until 30 juin 2025 · 0429.501.944

Represented by Koen Hens (A01912)

Ended
PricewaterhouseCoopers Reviseurs d'Entreprises

Registered auditor · since 14 novembre 2019 · until 30 juin 2022 · 0429.501.944

Represented by Koen Hens (A01912)

Ended
Myriam Pappens

Administrator - manager · since 03 juin 2019 · until 12 juillet 2023

Ended
Myriam Pappens

Administrator - manager · since 03 juin 2019

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202014/03/2019
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 months10 months
Filing date30/06/202525/09/202411/07/202312/12/202230/06/202126/01/2021
General meeting30/06/202528/06/202430/06/202330/06/202230/06/202125/08/2020
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, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202430/06/202530/06/2025DutchPDF
Full modelCorrection31/12/202328/06/202425/09/2024DutchPDF
Full model31/12/202328/06/202428/06/2024DutchPDF
Full model31/12/202230/06/202311/07/2023DutchPDF
Full modelCorrection31/12/202130/06/202212/12/2022DutchPDF
Full model31/12/202130/06/202230/06/2022DutchPDF
Full model31/12/202030/06/202130/06/2021DutchPDF
Full modelCorrection31/12/201925/08/202026/01/2021DutchPDF
Full model31/12/201925/08/202025/09/2020DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 4 ended

Active mandates

Arnaud Verwilghen

Administrator - manager · since 13 juillet 2023

Active
Jérôme Chouchan

Administrator - manager · since 03 juin 2019

Active

Ended mandates

PricewaterhouseCoopers Reviseurs d'Entreprises

Registered auditor · since 30 juin 2022 · until 30 juin 2025 · 0429.501.944

Represented by Koen Hens (A01912)

Ended
PricewaterhouseCoopers Reviseurs d'Entreprises

Registered auditor · since 14 novembre 2019 · until 30 juin 2022 · 0429.501.944

Represented by Koen Hens (A01912)

Ended
Myriam Pappens

Administrator - manager · since 03 juin 2019 · until 12 juillet 2023

Ended
Myriam Pappens

Administrator - manager · since 03 juin 2019

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates14/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office28/03/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other09/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates06/10/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/04/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/07/2019
    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. 2024
    Annual accounts 2024-5,9 M €↓
  2. 2023
    Annual accounts 2023-1,9 M €↑
  3. 2022
    Annual accounts 2022-6,1 M €↓
  4. 2021
    Annual accounts 2021-2 M €↓
  5. 2020
    Annual accounts 2020-421,7 k €↓
  6. 2019
    Annual accounts 2019360,8 k €
  7. 14/03/2019
    IncorporationPrivate limited company