candaele
0863.139.850 · rovalta.com · 22/09/2026
ACTIVE
candaele
Financial year 2024 · closed on 31/12/2024
Net result
34,9 k €
+566.0% YoY
Gross margin
367,7 k €
+20.9% YoY
Equity
86,7 k €
+12.8% YoY
Overview
What does candaele do?
candaele is a Private limited company incorporated in 2004. Its main activity is: Manufacture of bread; manufacture of fresh pastry goods and cakes. Its registered office is in Bredene.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0863.139.850
Incorporation
02/02/2004
Legal form
Private limited company
Registered office
Dorpsstraat 82
8450 Bredene · FlandreSee on map
8450 Bredene · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2024
Activities (NACE)
10711Manufacture of bread; manufacture of fresh pastry goods and cakes· main10711Manufacture of bread; manufacture of fresh pastry goods and cakes15811Manufacture of leather and related products47241Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores47241Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores52240Cargo handling
Joint committees (2)
- 118
- 201
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 19 financial years
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 367,7 k € | +20.9% | 304,2 k € | +13.8% | 267,3 k € | +5.4% | 253,7 k € | -10.9% | 284,6 k € | -3.2% | 294,2 k € | -15.4% | 347,6 k € | -2.7% | 357,4 k € | +12.7% | 317 k € | +9.3% | 290,1 k € | -6.3% | 309,6 k € | +90.6% | 162,4 k € | -38.3% | 263,4 k € | -6.3% | 281 k € | +10.3% | 254,8 k € | +20.7% | 211,1 k € | +26.3% | 167,1 k € | -24.6% | 221,5 k € | +2.5% | 216,2 k € |
| EBITDA | 54,2 k € | +242% | 15,8 k € | -41.0% | 26,9 k € | -63.2% | 73 k € | +21.1% | 60,3 k € | -38.8% | 98,6 k € | -20.9% | 124,6 k € | +58.2% | 78,8 k € | -16.6% | 94,4 k € | +3.7% | 91,1 k € | -7.7% | 98,6 k € | +479% | 17 k € | -88.5% | 147,7 k € | -5.9% | 157 k € | +35.2% | 116,1 k € | +60.7% | 72,3 k € | +82.3% | 39,6 k € | -62.5% | 105,6 k € | +20.2% | 87,8 k € |
| Operating result | 46,8 k € | +697% | -7,9 k € | -447% | -1,4 k € | -105% | 29 k € | +155% | 11,4 k € | -76.5% | 48,4 k € | -40.0% | 80,7 k € | +89.9% | 42,5 k € | +84.2% | 23,1 k € | +29.0% | 17,9 k € | -20.6% | 22,5 k € | +130% | -75,1 k € | -234% | 56,2 k € | -19.5% | 69,8 k € | +133% | 30 k € | +277% | -16,9 k € | +66.0% | -49,8 k € | -344% | 20,4 k € | -57.9% | 48,4 k € |
| Net result | 34,9 k € | +566% | -7,5 k € | -44.9% | -5,2 k € | -143% | 12,1 k € | +279% | 3,2 k € | -89.7% | 31,1 k € | -56.7% | 71,9 k € | +117% | 33,1 k € | +183% | 11,7 k € | +207% | 3,8 k € | -29.9% | 5,4 k € | +105% | -100,9 k € | -382% | 35,7 k € | -21.4% | 45,4 k € | +664% | -8,1 k € | +82.8% | -46,9 k € | +42.6% | -81,7 k € | -1955% | 4,4 k € | -83.8% | 27,3 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 86,7 k € | +12.8% | 76,8 k € | -8.9% | 84,3 k € | -6.6% | 90,3 k € | +14.3% | 79 k € | +3.1% | 76,6 k € | +65.5% | 46,3 k € | +287% | -24,8 k € | +57.2% | -57,9 k € | +16.8% | -69,6 k € | +5.2% | -73,4 k € | +6.9% | -78,8 k € | -456% | 22,1 k € | +262% | -13,6 k € | +76.9% | -59,1 k € | -15.8% | -51 k € | -1137% | -4,1 k € | -105% | 77,6 k € | +2.4% | 75,8 k € |
| Total assets | 202,8 k € | +24.6% | 162,8 k € | -23.7% | 213,2 k € | +3.0% | 207,1 k € | -12.3% | 236,1 k € | -10.0% | 262,2 k € | +1.5% | 258,3 k € | +9.4% | 236,1 k € | -4.5% | 247,3 k € | -19.0% | 305,4 k € | -20.4% | 383,5 k € | -13.8% | 444,7 k € | -31.8% | 651,7 k € | +16.8% | 557,8 k € | -3.1% | 575,8 k € | -9.7% | 637,5 k € | -16.4% | 762,2 k € | -9.7% | 844,2 k € | +113% | 395,7 k € |
| Cash | 51,5 k € | +131% | 22,3 k € | -68.0% | 69,5 k € | +68.8% | 41,2 k € | +14.9% | 35,9 k € | +31.7% | 27,2 k € | -22.3% | 35 k € | -1.9% | 35,7 k € | +9.7% | 32,5 k € | +158% | 12,6 k € | -50.4% | 25,5 k € | +43.2% | 17,8 k € | -83.2% | 105,7 k € | +23.9% | 85,3 k € | +143% | 35,2 k € | +33.7% | 26,3 k € | -59.6% | 65,2 k € | -57.4% | 152,8 k € | +162% | 58,3 k € |
| Debts | 115,9 k € | +35.2% | 85,7 k € | -32.8% | 127,6 k € | +9.5% | 116,5 k € | -25.3% | 156,1 k € | -15.7% | 185,1 k € | -12.5% | 211,5 k € | -18.9% | 260,9 k € | -14.5% | 305,1 k € | -18.6% | 375 k € | -17.9% | 456,9 k € | -12.7% | 523,5 k € | -16.8% | 629,5 k € | +10.2% | 571,4 k € | -10.0% | 634,8 k € | -7.8% | 688,5 k € | -10.2% | 766,3 k € | -0.0% | 766,6 k € | +140% | 319,9 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | 6,8 ETP | -4.2% | 7,1 ETP | +77.5% | 4,0 ETP | +42.9% | 2,8 ETP | -26.3% | 3,8 ETP | -24.0% | 5,0 ETP | +8.7% | 4,6 ETP | +7.0% | 4,3 ETP | +7.5% | 4,0 ETP | -4.8% | 4,2 ETP | |||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2024 · 1 active · 3 ended
Active mandates
Stijn Candaele
ActiveEnded mandates
Stijn Candaele
EndedKatrien De Cloet
EndedStijn Candaele
EndedFinancials
Annual accounts
Full financial information
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 29/09/2025 | 25/09/2024 | 10/07/2023 | 18/10/2022 | 31/08/2021 | 29/11/2020 |
| General meeting | 14/06/2025 | 08/06/2024 | 10/06/2023 | 11/06/2022 | 12/06/2021 | 08/09/2020 |
| 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2024 | 14/06/2025 | 29/09/2025 | Dutch | |
| Micro model | 31/12/2023 | 08/06/2024 | 25/09/2024 | Dutch | |
| Micro model | 31/12/2022 | 10/06/2023 | 10/07/2023 | Dutch | |
| Micro model | 31/12/2021 | 11/06/2022 | 18/10/2022 | Dutch | |
| Micro model | 31/12/2020 | 12/06/2021 | 31/08/2021 | Dutch | |
| Micro model | 31/12/2019 | 08/09/2020 | 29/11/2020 | Dutch | |
| Micro model | 31/12/2018 | 08/06/2019 | 23/10/2019 | Dutch | |
| Micro model | 31/12/2017 | 09/06/2018 | 31/08/2018 | Dutch | |
| Micro model | 31/12/2016 | 10/06/2017 | 31/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 11/06/2016 | 31/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 13/06/2015 | 01/07/2015 | Dutch | |
| Abridged model | 31/12/2013 | 14/06/2014 | 24/06/2014 | Dutch | |
| Abridged model | 31/12/2012 | 08/06/2013 | 29/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 09/06/2012 | 18/06/2012 | Dutch | |
| Abridged model | 31/12/2010 | 11/06/2011 | 30/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 12/06/2010 | 12/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 13/06/2009 | 02/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 14/06/2008 | 24/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 09/06/2007 | 27/06/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 250 k€ and 500 k€
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
Governance
Board of directors
Seen on filing of 31/12/2024 · 1 active · 3 ended
Active mandates
Stijn Candaele
ActiveEnded mandates
Stijn Candaele
EndedKatrien De Cloet
EndedStijn Candaele
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates04/09/2025WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
- Mandates18/12/2018ONTSLAGEN - BENOEMINGEN
- Mandates18/05/2018ONTSLAGEN - BENOEMINGEN
- Mandates15/04/2013ONTSLAGEN - BENOEMINGEN
- Mandates27/04/2011ONTSLAGEN - BENOEMINGEN
- Mandates30/03/2010ONTSLAGEN - BENOEMINGEN
- Other09/03/2007DIVERSEN
- Other17/02/2004DIVERSEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2024Annual accounts 202434,9 k €↑
- 2023Annual accounts 2023-7,5 k €↓
- 2022Annual accounts 2022-5,2 k €↓
- 2021Annual accounts 202112,1 k €↑
- 2020Annual accounts 20203,2 k €↓
- 2019Annual accounts 201931,1 k €↓
- 2018Annual accounts 201871,9 k €↑
- 2017Annual accounts 201733,1 k €↑
- 2016Annual accounts 201611,7 k €↑
- 2015Annual accounts 20153,8 k €↓
- 2014Annual accounts 20145,4 k €↑
- 2013Annual accounts 2013-100,9 k €↓
- 2012Annual accounts 201235,7 k €↓
- 2011Annual accounts 201145,4 k €↑
- 2010Annual accounts 2010-8,1 k €↑
- 2009Annual accounts 2009-46,9 k €↑
- 2008Annual accounts 2008-81,7 k €↓
- 2007Annual accounts 20074,4 k €↓
- 2006Annual accounts 200627,3 k €
- 02/02/2004IncorporationPrivate limited company