ACTIVE

POPPIES BAKERIES WERVIK

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Financial year 2025 · Closed on 31/12/2025

Net result2 M €-20,9 %over 1 year
Revenue59,5 M €+20,4 %over 1 year
Equity22,9 M €+9,3 %over 1 year
Workforce96,2 ETP+2,0 %over 1 year

Identity

Source · BCE/KBO

POPPIES BAKERIES WERVIK is a Private limited company incorporated in 2003. Its registered office is in Wervik. It employs on average 96,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0860.648.633
Incorporation
23/09/2003
Legal form
Private limited company
Registered office
Robert Klingstraat 90
8940 Wervik · FlandreSee on map
Contributed capital
600 000,00 €
Latest accounts
31/12/2025
Average workforce
96,2 ETP
Joint committees (4)
  • 118
  • 11805
  • 220
  • 22000
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue59,5 M €49,5 M €48 M €37,1 M €28,9 M €
EBITDA3 M €2,7 M €3,6 M €3,2 M €4,9 M €
Operating result2,3 M €1,7 M €2,5 M €2 M €3,4 M €
Net result2 M €2,5 M €381,3 k €1,5 M €2,6 M €
Balance sheet
Equity22,9 M €21 M €18,5 M €18,1 M €16,6 M €
Total assets31 M €26,3 M €25,9 M €25,9 M €21,2 M €
Cash–0 €17,8 k €483,7 €1,5 k €
Debts7,7 M €4,5 M €6,1 M €6 M €2,3 M €
Other
Workforce96,2 ETP94,3 ETP85,6 ETP68,8 ETP68,4 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 31/12/2025

3 active · 7 ended

Active mandates

Antony Popelier

Managing director · since 24 décembre 2021

Active
Frans Castelein

Director · since 24 décembre 2021

Active
Patrick Reekmans Consulting

Director · since 24 décembre 2021 · until 20 juin 2026 · 0688.934.481

Represented by Patrick Reekmans

Active

Ended mandates

Patrick Reekmans Consulting

Director · since 24 décembre 2021 · 0688.934.481

Represented by Patrick REEKMANS

Ended
Patrick Reekmans Consulting

Director · since 24 décembre 2021 · 0688.934.481

Represented by Patrick REEKMANS

Ended
Antony Popelier

Director

Ended
Antony Popelier

Managing director

Ended

Other companies at this address

Robert Klingstraat 90 8940 Wervik
CompanyCBE no.
IMMO POPELIER● Active
0600.913.911

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 date25/06/202601/07/202511/07/202405/07/202330/06/202206/07/2021
General meeting20/06/202621/06/202529/06/202430/06/202318/06/202228/06/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202520/06/202625/06/2026DutchPDF
Full model31/12/202421/06/202501/07/2025DutchPDF
Full model31/12/202329/06/202411/07/2024DutchPDF
Full model31/12/202230/06/202305/07/2023DutchPDF
Full model31/12/202118/06/202230/06/2022DutchPDF
Full model31/12/202028/06/202106/07/2021DutchPDF
Full model31/12/201920/06/202015/07/2020DutchPDF
Full model31/12/201815/06/201916/07/2019DutchPDF
Full model31/12/201729/06/201818/07/2018DutchPDF
Full model31/12/201617/06/201717/07/2017DutchPDF
Full model31/12/201529/06/201618/07/2016DutchPDF
Full model31/12/201430/06/201516/07/2015DutchPDF
Full model31/12/201330/06/201403/07/2014DutchPDF
Abridged model31/12/201215/06/201305/07/2013DutchPDF
Abridged model31/12/201116/06/201204/07/2012DutchPDF
Abridged model31/12/201018/06/201108/07/2011DutchPDF
Abridged model31/12/200919/06/201016/07/2010DutchPDF
Abridged model31/12/200820/06/200915/07/2009DutchPDF
Abridged model31/12/200721/06/200807/07/2008DutchPDF
Abridged model31/12/200616/06/200716/07/2007DutchPDF

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 31/12/2025

3 active · 7 ended

Active mandates

Antony Popelier

Managing director · since 24 décembre 2021

Active
Frans Castelein

Director · since 24 décembre 2021

Active
Patrick Reekmans Consulting

Director · since 24 décembre 2021 · until 20 juin 2026 · 0688.934.481

Represented by Patrick Reekmans

Active

Ended mandates

Patrick Reekmans Consulting

Director · since 24 décembre 2021 · 0688.934.481

Represented by Patrick REEKMANS

Ended
Patrick Reekmans Consulting

Director · since 24 décembre 2021 · 0688.934.481

Represented by Patrick REEKMANS

Ended
Antony Popelier

Director

Ended
Antony Popelier

Managing director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates14/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/01/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/12/2020
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates12/03/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/08/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other30/09/2003
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 20252 M €↓
  2. 2024
    Annual accounts 20242,5 M €↑
  3. 2023
    Annual accounts 2023381,3 k €↓
  4. 2022
    Annual accounts 20221,5 M €↓
  5. 2021
    Annual accounts 20212,6 M €↑
  6. 2021
    Name changePOPPIES BAKERIES WERVIK
  7. 2018
    Annual accounts 20182,3 M €↑
  8. 2017
    Annual accounts 20171,4 M €↑
  9. 2016
    Annual accounts 201688,1 k €↓
  10. 2015
    Annual accounts 20151,3 M €↓
  11. 2014
    Annual accounts 20141,3 M €↑
  12. 2013
    Annual accounts 2013999,2 k €↑
  13. 2012
    Annual accounts 2012583,7 k €↑
  14. 2011
    Annual accounts 201164,7 k €↓
  15. 2010
    Annual accounts 2010100,6 k €↓
  16. 2009
    Annual accounts 2009277,8 k €↓
  17. 2008
    Annual accounts 2008350,9 k €↑
  18. 2007
    Annual accounts 200796,7 k €↓
  19. 2006
    Annual accounts 2006387,2 k €
  20. 2006
    Name changeBISCUITS POPELIER
  21. 23/09/2003
    IncorporationPrivate limited company