ACTIVE

Flanders’ FOOD

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Financial year 2025 · Closed on 31/12/2025

Net result13,8 k €+223,5 %over 1 year

Gross margin3,4 M €+6,0 %over 1 year

Equity1,4 M €+1,0 %over 1 year

Workforce31,0 ETP+3,3 %over 1 year

Identity

Source · BCE/KBO

Flanders’ FOOD is a Non-profit organization incorporated in 2005. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Saint-Josse-ten-Noode. It employs on average 31,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0878.017.175
Incorporation: 19/12/2005
Legal form: Non-profit organization
Registered office: Boulevard du Roi Albert II 19
1210 Saint-Josse-ten-Noode · BruxellesSee on map
Latest accounts: 31/12/2025
Average workforce: 31,0 ETP

Activities (NACE)

72101Research and experimental development on natural sciences and engineering· main 72109Research and experimental development on natural sciences and engineering 72110Research and experimental development on biotechnology 72190Other research and experimental development on natural sciences and engineering 73100Advertising 70200Management consultancy activities+1

Joint committees (2)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 15 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	3,4 M €	+6.0%	3,2 M €	+24.2%	2,6 M €	+4.1%	2,5 M €	+7.5%	2,3 M €
EBITDA	62 k €	+23.3%	50,3 k €	+259%	14 k €	+278%	-7,8 k €	+91.5%	-92,8 k €
Operating result	21 k €	+124%	9,4 k €	+1944%	-507,5 €	-105%	9,8 k €	+111%	-87,7 k €
Net result	13,8 k €	+224%	4,3 k €	-90.0%	42,6 k €	+1222%	3,2 k €	+104%	-89,1 k €
Balance sheet
Equity	1,4 M €	+1.0%	1,3 M €	+0.3%	1,3 M €	+3.3%	1,3 M €	+0.2%	1,3 M €
Total assets	23,6 M €	+21.8%	19,4 M €	-12.1%	22,1 M €	+20.7%	18,3 M €	+25.5%	14,6 M €
Cash	879,2 k €	+69.4%	519,1 k €	-87.1%	4 M €	+303%	996,2 k €	-29.9%	1,4 M €
Debts	15,8 M €	+42.8%	11 M €	-25.1%	14,7 M €	+79.9%	8,2 M €	+20.8%	6,8 M €
Other
Workforce	31,0 ETP	+3.3%	30,0 ETP	+18.6%	25,3 ETP	-0.4%	25,4 ETP	-4.5%	26,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

19 active · 124 ended

Active mandates

Brecht Vanlerberghe

Director · since 25 juin 2024

Active

Piet Bogaert

Director · since 07 juin 2023

Active

Siska Croubels

Director · since 07 juin 2023

Active

Catherine Gillain-Pycke

Director · since 10 juin 2021

Active

Sabine Vanlangendonck

Director · since 10 juin 2021

Active

Tijl Goens

Director · since 10 juin 2021

Active

Frederik Lievens

Director · since 21 juin 2018

Active

Mieke Vandecasteele

Director · since 21 juin 2018

Active

Inge Arents

other_2 · since 01 janvier 2016

Active

Nadia Lapage

Director · since 02 juin 2015

Active

Geert Van Renterghem

Director · since 12 juin 2014

Active

Jan Borms

Director · since 12 juin 2014

Active

Nico Koster

Director · since 12 juin 2014

Active

Wim Lannoey

Director · since 12 juin 2014

Active

Bart Bruyneel

Director · since 08 juin 2012

Active

Peter Vermeiren

Director · since 16 mars 2010

Active

Jan Vander Stichele

Chairman of the board of directors · since 02 mai 2007

Active

Leo Borms

Vice-chairman of the board of directors · since 09 décembre 2005

Active

Dominique Van den Putte

Director

Active

Ended mandates

Brecht Vanlerberghe

Director · since 21 juin 2024

Ended

Piet Bogaert

Director · since 07 juin 2023 · until 07 juin 2023

Ended

Siska Croubels

Director · since 07 juin 2023 · until 07 juin 2023

Ended

Dominique Van de Putte

Director · since 21 juin 2022 · until 21 juin 2022

Ended

Other companies at this address

Boulevard du Roi Albert II 19 1210 Saint-Josse-ten-Noode

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AIRPORT GLOBAL SERVICES● Active	0508.826.960
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ARIANE BUILDING● Active	0862.467.382
ASSOCIATION BELGE DES ASSET MANAGERS - BELGISCHE VERENIGING VAN ASSET MANAGERS● Active	0567.779.996
association des juristes de l'assurance● Active	0881.371.395
ASSOCIATION POUR LA LUTTE CONTRE LA FRAUDE A L'ASSURANCE● Active	0833.843.870
Association Professionnelle des Inspecteurs et Experts d'Assurance● Active	0466.327.401
ASSURALIA (union professionnelle des entreprises d'assurances)● Active	0407.878.367
ASTARCO● Active	0892.593.208
AZURE INVESTMENTS● Active	1040.469.609
AZURE REAL ESTATE● Active	1017.762.305
Becobra● Active	0443.023.249
BICL I● Liquidation	0437.516.817
CAROLEASE 12● Active	0508.640.185
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CEPOM FONDS DE SECURITE D'EXISTENCE● Active	0878.980.247
Circul 2020● Active	0688.695.347
Consortium - JVSF● Active	0712.874.675

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	29/06/2026	09/07/2025	18/07/2024	22/06/2023	28/06/2022	05/07/2021
General meeting	23/06/2026	26/06/2025	25/06/2024	07/06/2023	21/06/2022	10/06/2021
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 · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	23/06/2026	29/06/2026	Dutch	PDF
Abridged model	31/12/2024	26/06/2025	09/07/2025	Dutch	PDF
Abridged model	31/12/2023	25/06/2024	18/07/2024	Dutch	PDF
Abridged model	31/12/2022	07/06/2023	22/06/2023	Dutch	PDF
Abridged model	31/12/2021	21/06/2022	28/06/2022	Dutch	PDF
Abridged model	31/12/2020	10/06/2021	05/07/2021	Dutch	PDF
Abridged model	31/12/2019	03/09/2020	07/09/2020	Dutch	PDF
Abridged model	31/12/2018	12/06/2019	18/06/2019	Dutch	PDF
Abridged model	31/12/2017	21/06/2018	02/07/2018	Dutch	PDF
Abridged model	31/12/2016	15/06/2017	03/07/2017	Dutch	PDF
Abridged model	31/12/2015	13/06/2016	13/09/2016	Dutch	PDF
Abridged model	31/12/2014	02/06/2015	16/06/2015	Dutch	PDF
Abridged model	31/12/2013	12/06/2014	01/07/2014	Dutch	PDF
Abridged model	30/11/2012	28/05/2013	04/07/2013	Dutch	PDF
Abridged model	30/11/2011	08/06/2012	29/06/2012	Dutch	PDF
Abridged model	30/11/2010	19/05/2011	28/06/2011	Dutch	PDF
Abridged model	30/11/2009	16/03/2010	20/07/2010	Dutch	PDF
Abridged model	30/11/2008	26/05/2009	22/06/2009	Dutch	PDF
Abridged model	30/11/2007	22/05/2008	11/07/2008	Dutch	PDF
Abridged model	31/12/2006	02/05/2007	05/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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

19 active · 124 ended

Active mandates

Brecht Vanlerberghe

Director · since 25 juin 2024

Active

Piet Bogaert

Director · since 07 juin 2023

Active

Siska Croubels

Director · since 07 juin 2023

Active

Catherine Gillain-Pycke

Director · since 10 juin 2021

Active

Sabine Vanlangendonck

Director · since 10 juin 2021

Active

Tijl Goens

Director · since 10 juin 2021

Active

Frederik Lievens

Director · since 21 juin 2018

Active

Mieke Vandecasteele

Director · since 21 juin 2018

Active

Inge Arents

other_2 · since 01 janvier 2016

Active

Nadia Lapage

Director · since 02 juin 2015

Active

Geert Van Renterghem

Director · since 12 juin 2014

Active

Jan Borms

Director · since 12 juin 2014

Active

Nico Koster

Director · since 12 juin 2014

Active

Wim Lannoey

Director · since 12 juin 2014

Active

Bart Bruyneel

Director · since 08 juin 2012

Active

Peter Vermeiren

Director · since 16 mars 2010

Active

Jan Vander Stichele

Chairman of the board of directors · since 02 mai 2007

Active

Leo Borms

Vice-chairman of the board of directors · since 09 décembre 2005

Active

Dominique Van den Putte

Director

Active

Ended mandates

Brecht Vanlerberghe

Director · since 21 juin 2024

Ended

Piet Bogaert

Director · since 07 juin 2023 · until 07 juin 2023

Ended

Siska Croubels

Director · since 07 juin 2023 · until 07 juin 2023

Ended

Dominique Van de Putte

Director · since 21 juin 2022 · until 21 juin 2022

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates18/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Registered office29/11/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates25/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/08/2019
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates07/09/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/03/2018
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 202513,8 k €↑
2024
Annual accounts 20244,3 k €↓
2023
Annual accounts 202342,6 k €↑
2022
Annual accounts 20223,2 k €↑
2021
Annual accounts 2021-89,1 k €↑
2020
Annual accounts 2020-373 k €↓
2019
Annual accounts 201936,7 k €↓
2018
Annual accounts 201858,4 k €↓
2017
Annual accounts 2017122,8 k €↑
2016
Annual accounts 2016-728,6 k €↓
2015
Annual accounts 2015434,6 k €↑
2014
Annual accounts 2014388 k €↑
2013
Annual accounts 2013233 k €↑
2012
Annual accounts 2012214,8 k €↓
2011
Annual accounts 2011234,8 k €
19/12/2005
IncorporationNon-profit organization

Flanders’ FOOD

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline