Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
TUPPERWARE BELGIUM from Aalst, company number BE0400318208, closed financial year 2023 with a result of € 677,479 after tax. For that financial year TUPPERWARE BELGIUM recorded revenue of € 28.9 million and equity of € 44.4 million. Compared with financial year 2022, the result moved from € 1.7 million to € 677,479. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 31, 2024.
€ 44.4 million
▼ 39% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 677,479
▼ 60% vs 2022
Profit after tax over the fiscal year.
€ 1.7 million
▼ 95% vs 2022
Cash and bank balances on the last day of the fiscal year.
€ 29.2 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2023
249.1
▼ 19.6 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 18.5 million
▲ 4% vs 2022
€ 74,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4.9 million
▼ 12% vs 2022
Of which on lease € 4.8 million.
Debts at end 2023
€ 270,544
▼ 27% vs 2022
€ 104,982 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.8 million
▼ 64% vs 2022
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 38 days on average.
€ 4.6 million
▲ 21% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Revenue | € 34,921,738 | € 32,903,497 | € 28,852,101 | ▼ 12% |
| Profit after taxes | € 1,737,369 | € 1,691,857 | € 677,479 | ▼ 60% |
| Equity | € 74,069,079 | € 72,906,594 | € 44,404,321 | ▼ 39% |
| Total debts | € 10,511,671 | € 10,227,949 | € 7,641,956 | ▼ 25% |
| Cash | € 25,024,438 | € 31,645,488 | € 1,703,346 | ▼ 95% |
| Land & buildings | € 1,927,643 | € 1,880,332 | € 1,836,561 | ▼ 2% |
| Retained profit | € 41,914,079 | € 40,751,594 | € 12,249,321 | ▼ 70% |
| Dividend | € 0 | € 2,854,343 | € 29,179,752 | ▲ € 26.3 million |
| Bank debt | € 1,533,497 | € 371,408 | € 270,544 | ▼ 27% |
| Balance sheet total | € 84,875,840 | € 83,291,623 | € 52,142,251 | ▼ 37% |
| Employees (FTE) | 274.5 | 268.7 | 249.1 | ▼ 19.6 |
Key figures of TUPPERWARE BELGIUM, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to TUPPERWARE BELGIUM?
What happened at TUPPERWARE BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
TUPPERWARE BELGIUM is active according to the CBE. Legal situation: Opening faillissement.
- Luk Lescrauwaet stepped down as director. NBB
- Mariela Matute stepped down as director. NBB
- New annual accounts for financial year 2023: profit of € 677,479 (▼ 60% vs 2022). Source: NBB ↗
- Luk Lescrauwaet became a director. NBB
- Mariela Matute became a director. NBB
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
- New establishment in Elsene. KBO
In short
From € 1.7 million profit in 2021 to € 677,479 profit in 2023.
Paid € 443,407 in corporate taxes since 2021.
Best year ever: 2021, with € 1.7 million profit.
Paid out € 32 million in dividends to the owners in total.
Management
The shares are held by Tupperware Nederland B.V. (99%) and Tupperware Home Parties LLC (1%). It owns 100% of Tupperware France itself.
Directors
According to the 2023 annual accounts
Luk Lescrauwaet
Director
since 2023 · until 2029
Mariela Matute
Director
since 2023 · until 2029
Shareholders
Tupperware Nederland B.V.
99%
Tupperware Home Parties LLC
1%
Participations
Tupperware France
100%
Establishments
Establishment units
Physical locations of this company
Wijngaardveld 17
9300 Aalst
Louizalaan 240
1050 Elsene
Active since 1 May 1961
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.318.208
- VAT number
- BE 0400.318.208
- Registered office
- Wijngaardveld 17, 9300 Aalst
- Names & denominations
- TUPPERWARE BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 31 May 1961
- Peppol
- Not registered
- Activities · NACE
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