Milcobel Dairy
0870.017.447 · rovalta.com · 25/09/2026
ACTIVE
Milcobel Dairy
Financial year 2025 · Closed on 31/12/2025
Net result-53,2 M €-295,4 %over 1 year
Revenue781,2 M €+6,4 %over 1 year
Equity-37,9 M €-347,5 %over 1 year
Workforce557,2 ETP-8,6 %over 1 year
Overview
Identity
Source · BCE/KBOMilcobel Dairy is a Public limited company incorporated in 2004. Its registered office is in Beveren-Kruibeke-Zwijndrecht. It employs on average 557,2 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0870.017.447
- Incorporation
- 17/11/2004
- Legal form
- Public limited company
- Registered office
- Fabriekstraat(KAL) 141
9120 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map - Contributed capital
- 40 247 650,00 €
- Latest accounts
- 31/12/2025
- Average workforce
- 557,2 ETP
Joint committees (2)
- 118
- 220
Signals
Healthy social debtsHigh revenue
Financials
Source · NBB, 20 filingsTrend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 781,2 M € | +6.4% | 734,3 M € | +0.8% | 728,7 M € | -15.9% | 866,4 M € | +25.9% | 688,1 M € |
| EBITDA | -38,4 M € | -440% | 11,3 M € | +136% | -31,2 M € | -184% | 37,3 M € | -2.1% | 38,1 M € |
| Operating result | -49,9 M € | -752% | -5,9 M € | +87.3% | -46,2 M € | -303% | 22,7 M € | +8.7% | 20,9 M € |
| Net result | -53,2 M € | -295% | -13,5 M € | +73.7% | -51,1 M € | -403% | 16,8 M € | +4.0% | 16,2 M € |
| Balance sheet | |||||||||
| Equity | -37,9 M € | -348% | 15,3 M € | -46.9% | 28,8 M € | -61.0% | 73,9 M € | +74.7% | 42,3 M € |
| Total assets | 214,2 M € | -3.0% | 220,9 M € | -17.7% | 268,4 M € | -12.3% | 305,9 M € | +24.4% | 245,8 M € |
| Cash | 7,7 M € | +431% | 1,5 M € | -70.5% | 4,9 M € | +163% | 1,9 M € | -69.5% | 6,2 M € |
| Debts | 248,3 M € | +23.5% | 201,1 M € | -14.1% | 234,2 M € | +3.2% | 226,9 M € | +14.2% | 198,8 M € |
| Other | |||||||||
| Workforce | 557,2 ETP | -8.6% | 609,8 ETP | -4.3% | 637,0 ETP | +3.0% | 618,3 ETP | -3.9% | 643,5 ETP |
Board of directors
Source · NBB, accounts to 31/12/2025Other companies at this address
Fabriekstraat(KAL) 141 9120 Beveren-Kruibeke-Zwijndrecht| Company | CBE no. |
|---|---|
FC Milcobel Belgium● Active | 1029.593.830 |
FrieslandCampina● Active | 0870.019.427 |
Kaasbrik Invest● Active | 0440.662.288 |
Milcobel Groep● Active | 0778.674.527 |
| 1011.677.831 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full 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 | 23/06/2026 | 18/06/2025 | 19/06/2024 | 04/07/2023 | 23/06/2022 | 06/07/2021 |
| General meeting | 09/06/2026 | 10/06/2025 | 11/06/2024 | 13/06/2023 | 14/06/2022 | 25/05/2021 |
| 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 7 daysAnnual accounts filings
Source · NBB, 20 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 09/06/2026 | 23/06/2026 | Dutch | |
| Full model | 31/12/2024 | 10/06/2025 | 18/06/2025 | Dutch | |
| Full model | 31/12/2023 | 11/06/2024 | 19/06/2024 | Dutch | |
| Full model | 31/12/2022 | 13/06/2023 | 04/07/2023 | Dutch | |
| Full model | 31/12/2021 | 14/06/2022 | 23/06/2022 | Dutch | |
| Full model | 31/12/2020 | 25/05/2021 | 06/07/2021 | Dutch | |
| Full model | 31/12/2019 | 26/05/2020 | 16/07/2020 | Dutch | |
| Full model | 31/12/2018 | 28/05/2019 | 02/07/2019 | Dutch | |
| Full model | 31/12/2017 | 29/05/2018 | 07/06/2018 | Dutch | |
| Full model | 31/12/2016 | 30/05/2017 | 26/06/2017 | Dutch | |
| Full model | 31/12/2015 | 31/05/2016 | 27/06/2016 | Dutch | |
| Full model | 31/12/2014 | 30/05/2015 | 07/07/2015 | Dutch | |
| Full model | 31/12/2013 | 27/05/2014 | 14/07/2014 | Dutch | |
| Full model | 31/12/2012 | 28/05/2013 | 02/07/2013 | Dutch | |
| Full model | 31/12/2011 | 29/05/2012 | 28/06/2012 | Dutch | |
| Full model | 31/12/2010 | 31/05/2011 | 27/06/2011 | Dutch | |
| Full model | 31/12/2009 | 25/05/2010 | 22/06/2010 | Dutch | |
| Full model | 31/12/2008 | 26/05/2009 | 23/06/2009 | Dutch | |
| Full model | 31/12/2007 | 27/05/2008 | 10/07/2008 | Dutch | |
| Full model | 31/12/2006 | 29/05/2007 | 04/07/2007 | Dutch |
Valuation
Indicative valuation
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 31/12/2025Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates18/08/2026Ontslag bestuurder
- Capital / shares14/07/2026KAPITAAL - AANDELEN
- Mandates08/05/2026ONTSLAGEN - BENOEMINGEN
- Mandates21/01/2026ONTSLAGEN - BENOEMINGEN
- Mandates13/06/2024ONTSLAGEN - BENOEMINGEN
- Mandates21/05/2024ONTSLAGEN - BENOEMINGEN
- Mandates07/05/2024ONTSLAGEN - BENOEMINGEN
- Mandates28/12/2023ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-53,2 M €↓
- 2024Annual accounts 2024-13,5 M €↑
- 01/06/2024nominationAGRUCO BV — bestuurder
- 01/06/2024nominationABOVE BV — bestuurder
- 01/06/2024nominationOrtegal BV — bestuurder
- 01/06/2024nominationTom Schiettecat — bestuurder
- 16/04/2024nominationEdith Hamelryckx — bijzonder gevolmachtigde
- 16/04/2024nominationChristophe Guilmin — bijzonder gevolmachtigde
- 05/03/2024nominationOrtegal BV — bestuurder
- 05/03/2024nominationThe White Engine BV — bestuurder
- 05/03/2024nominationTom Schiettecat — bestuurder
- 2023Annual accounts 2023-51,1 M €↓
- 13/06/2023nominationEva Van Wonterghem — commissaris
- 2022Annual accounts 202216,8 M €↑
- 01/08/2022nominationVAN DAM Nils — dagelijks bestuur
- 01/08/2022nominationSTEVENS Pierre — dagelijks bestuur
- 01/08/2022nominationRELAES Francis — dagelijks bestuur
- 22/05/2022autre
- 01/05/2022nominationVAN DAM Nils — dagelijks bestuur
- 01/05/2022nominationSTEVENS Pierre — dagelijks bestuur
- 01/05/2022nominationRELAES Francis — dagelijks bestuur
- 17/01/2022nominationThijs Keersebilck — dagelijks bestuurder
- 2022Name changeMilcobel Dairy
- 2021Annual accounts 202116,2 M €↑
- 2020Annual accounts 2020-31,2 M €↓
- 2019Annual accounts 2019375,3 k €↓
- 2018Annual accounts 20182,8 M €↑
- 2017Annual accounts 2017-2,8 M €↓
- 2016Annual accounts 20162,3 M €↑
- 2014Annual accounts 2014-693,3 k €↓
- 2013Annual accounts 20132,4 M €↑
- 2012Annual accounts 2012641,3 k €↓
- 2011Annual accounts 20113,6 M €↑
- 2010Annual accounts 20102,6 M €↑
- 2009Annual accounts 2009-3,4 M €↓
- 2008Annual accounts 20081,5 M €↑
- 2007Annual accounts 2007641,3 k €↓
- 2006Annual accounts 2006706,6 k €
- 2006Name changeBELGOMILK
- 17/11/2004IncorporationPublic limited company