ACTIVE

Lotus Bakeries Corporate

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Financial year 2025 · Closed on 31/12/2025

Net result8,7 M €-26,8 %over 1 year
Revenue59,2 M €-3,3 %over 1 year
Equity154,3 M €+5,9 %over 1 year
Workforce173,1 ETP+11,7 %over 1 year

Identity

Source · BCE/KBO

Lotus Bakeries Corporate is a Public limited company incorporated in 2006. Its main activity is: Agents involved in the sale of food, beverages and tobacco. Its registered office is in Kaprijke. It employs on average 173,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0881.664.870
Incorporation
24/05/2006
Legal form
Public limited company
Registered office
Gentstraat 1
9971 Kaprijke · FlandreSee on map
Contributed capital
110 604 041,18 €
Latest accounts
31/12/2025
Average workforce
173,1 ETP
Joint committees (2)
  • 118
  • 220
Signals
ProfitablePositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 22 filings

Trend over 16 financial years

20252024202220192018
Income statement
Revenue59,2 M €61,2 M €60,8 M €33,2 M €31,5 M €
EBITDA10,6 M €15,4 M €13,5 M €6,9 M €6,2 M €
Operating result7,8 M €12,9 M €10,9 M €5,4 M €4,9 M €
Net result8,7 M €11,8 M €11,5 M €12,1 M €3,5 M €
Balance sheet
Equity154,3 M €145,7 M €126,2 M €115,5 M €143,4 M €
Total assets560,1 M €663,9 M €694,2 M €743,4 M €644,5 M €
Cash24,2 M €28,6 M €37,3 M €13,9 M €21,6 M €
Debts405,5 M €517,9 M €567,3 M €626,4 M €500,5 M €
Other
Workforce173,1 ETP155,0 ETP138,9 ETP83,6 ETP77,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 26 ended

Active mandates

CUMACO

Director · since 03 mai 2025 · until 04 mai 2031 · 0534.458.518

Represented by Mike Cuvelier

Active
VALSEBA

Director · since 03 mai 2025 · until 04 mai 2031 · 0639.986.994

Represented by Isabelle Maes

Active
John Van De Par

Director · since 01 octobre 2024 · until 03 mai 2030

Active
STEPHENSON

Chairman of the board of directors · since 03 mai 2024 · until 03 mai 2030 · 0886.036.602

Represented by Jan Boone

Active
HEYCOM

Director · since 05 mai 2023 · until 04 mai 2029 · 0770.511.382

Represented by Heyman Ignace

Active

Ended mandates

CUMACO

Director · since 15 octobre 2019 · until 02 mai 2025 · 0534.458.518

Represented by Mike Cuvelier

Ended
CUMACO

Director · since 15 octobre 2019 · until 05 mai 2025 · 0534.458.518

Represented by Mike Cuvelier

Ended
VALSEBA

Director · since 15 octobre 2019 · until 02 mai 2025 · 0639.986.994

Represented by Isabelle Maes

Ended
VALSEBA

Director · since 15 octobre 2019 · until 05 mai 2025 · 0639.986.994

Represented by Isabelle Maes

Ended

Other companies at this address

Gentstraat 1 9971 Kaprijke
CompanyCBE no.
LOTUS BAKERIES● Active
0401.030.860
Lotus Bakeries - Pillar 2● Active
1013.376.519
Stichting van aandelen Lotus Bakeries● Active
1013.360.681

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 date18/05/202626/05/202530/05/202422/05/202307/06/202231/05/2021
General meeting04/05/202602/05/202503/05/202405/05/202306/05/202207/05/2021
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, 22 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202504/05/202618/05/2026DutchPDF
Full model31/12/202402/05/202526/05/2025DutchPDF
Full model31/12/202303/05/202430/05/2024DutchPDF
Full model31/12/202205/05/202322/05/2023DutchPDF
Full model31/12/202106/05/202207/06/2022DutchPDF
Full model31/12/202007/05/202131/05/2021DutchPDF
Full model31/12/201904/05/202015/05/2020DutchPDF
Full model31/12/201803/05/201913/05/2019DutchPDF
Full model31/12/201704/05/201828/05/2018DutchPDF
Full model31/12/201605/05/201719/05/2017DutchPDF
Full modelCorrection31/12/201506/05/201616/06/2016DutchPDF
Full model31/12/201506/05/201620/05/2016DutchPDF
Full model31/12/201404/05/201519/05/2015DutchPDF
Full model31/12/201302/05/201419/05/2014DutchPDF
Full model31/12/201203/05/201329/05/2013DutchPDF
Full modelCorrection31/12/201104/05/201221/12/2012DutchPDF
Full model31/12/201104/05/201231/07/2012DutchPDF
Full model31/12/201006/05/201120/05/2011DutchPDF
Full model31/12/200907/05/201017/05/2010DutchPDF
Full model31/12/200805/05/200912/05/2009DutchPDF
Full model31/12/200702/05/200829/05/2008DutchPDF
Full model31/12/200604/05/200705/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

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

5 active · 26 ended

Active mandates

CUMACO

Director · since 03 mai 2025 · until 04 mai 2031 · 0534.458.518

Represented by Mike Cuvelier

Active
VALSEBA

Director · since 03 mai 2025 · until 04 mai 2031 · 0639.986.994

Represented by Isabelle Maes

Active
John Van De Par

Director · since 01 octobre 2024 · until 03 mai 2030

Active
STEPHENSON

Chairman of the board of directors · since 03 mai 2024 · until 03 mai 2030 · 0886.036.602

Represented by Jan Boone

Active
HEYCOM

Director · since 05 mai 2023 · until 04 mai 2029 · 0770.511.382

Represented by Heyman Ignace

Active

Ended mandates

CUMACO

Director · since 15 octobre 2019 · until 02 mai 2025 · 0534.458.518

Represented by Mike Cuvelier

Ended
CUMACO

Director · since 15 octobre 2019 · until 05 mai 2025 · 0534.458.518

Represented by Mike Cuvelier

Ended
VALSEBA

Director · since 15 octobre 2019 · until 02 mai 2025 · 0639.986.994

Represented by Isabelle Maes

Ended
VALSEBA

Director · since 15 octobre 2019 · until 05 mai 2025 · 0639.986.994

Represented by Isabelle Maes

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other19/01/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares08/09/2021
    KAPITAAL - AANDELEN
    PDF
  • Mandates27/01/2021
    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. 2025
    Annual accounts 20258,7 M €↓
  2. 02/05/2025
    reconductionCUMACO — bestuurder
  3. 02/05/2025
    reconductionVALSEBA — bestuurder
  4. 02/05/2025
    nominationDeloitte Bedrijfsrevisoren — commissaris
  5. 2024
    Annual accounts 202411,8 M €↑
  6. 01/10/2024
    nominationJohn Van de Par — bestuurder
  7. 03/05/2024
    nominationStephenson NV — Gedelegeerd Bestuurder en Voorzitter van de raad van bestuur
  8. 03/05/2024
    reconductionStephenson NV — bestuurder
  9. 05/05/2023
    nominationStephenson NV — Voorzitter van de raad van bestuur
  10. 2022
    Annual accounts 202211,5 M €↓
  11. 06/05/2022
    nominationBoonus NV (op heden Stephenson NV genoemd) — gedelegeerd bestuurder
  12. 06/05/2022
    reconductionPwC Bedrijfsrevisoren BV — commissaris
  13. 2019
    Annual accounts 201912,1 M €↑
  14. 2018
    Annual accounts 20183,5 M €↓
  15. 2017
    Annual accounts 20173,8 M €↑
  16. 2016
    Annual accounts 2016159,2 k €↓
  17. 2015
    Annual accounts 20152,1 M €↓
  18. 2014
    Annual accounts 20144,5 M €↑
  19. 2013
    Annual accounts 20133 M €↓
  20. 2011
    Annual accounts 20113,8 M €↓
  21. 2010
    Annual accounts 20104,5 M €↑
  22. 2009
    Annual accounts 20094,4 M €↑
  23. 2008
    Annual accounts 20083,7 M €↑
  24. 2007
    Annual accounts 20073,2 M €↑
  25. 2006
    Annual accounts 20061,2 M €
  26. 24/05/2006
    IncorporationPublic limited company