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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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
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Busy address KBO
25 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Kenvue Belgium from Antwerpen, company number BE0401955033, closed financial year 2025 with a result of € 2 million after tax. Compared with financial year 2024, the result moved from € 2.7 million to € 2 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 14.2 million
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2 million
▼ 25% vs 2024
Profit after tax over the fiscal year.
€ 11.6 million
▼ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 7.3 million.
People and assets in 2025
66.1
▲ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 9.8 million
▲ 5% vs 2024
€ 147,600 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.
€ 145,947
▲ € 118,431 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.3 million
▼ 47% vs 2024
Loans from banks and other lenders, long and short.
€ 13.6 million
▼ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 226 days on average.
€ 2.5 million
▼ 18% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € 2,080,802 | € -2,141,963 | € 2,681,970 | € 1,999,483 | ▼ 25% |
| Equity | € 11,656,709 | € 9,514,746 | € 12,196,715 | € 14,196,198 | ▲ 16% |
| Total debts | € 26,239,773 | € 26,431,900 | € 20,173,169 | € 17,384,168 | ▼ 14% |
| Cash | € 24,014,650 | € 17,921,014 | € 18,202,960 | € 11,612,793 | ▼ 36% |
| Retained profit | € 4,725,539 | € 2,583,576 | € 5,265,546 | € 7,265,029 | ▲ 38% |
| Bank debt | € 182 | € 182 | € 2,432,415 | € 1,287,967 | ▼ 47% |
| Balance sheet total | € 38,283,633 | € 41,133,797 | € 37,528,619 | € 31,967,517 | ▼ 15% |
| Employees (FTE) | 60 | 61 | 64.8 | 66.1 | ▲ 1.3 |
Key figures of Kenvue Belgium, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Kenvue Belgium?
What happened at Kenvue Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Laurence Strecker stepped down as director. NBB
- Tom Donkers stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2 million (▼ 25% vs 2024). Source: NBB ↗
- Alexandre Feutrie became a director. NBB
- Tom Donkers became a director. NBB
- Laurence Strecker became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Antwerpen. KBO
In short
From € 2.1 million profit in 2022 to € 2 million profit in 2025.
Paid € 3.6 million in corporate taxes since 2022.
Best year ever: 2024, with € 2.7 million profit.
Management
Behind Kenvue Belgium is Alexandre Feutrie. The shares are held by JNTL Holdings B.V. (100%) and Kenvue Holdings France (0%).
Directors
According to the 2025 annual accounts
Alexandre Feutrie
Director
since 2024
Laurence Strecker
Director
since 2017 · until 2029
Tom Donkers
Director
since 2024 · until 2027
Shareholders
JNTL Holdings B.V.
100%
Kenvue Holdings France
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Michel De Braeystraat 52
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 25 companies are registered at this address.
All companies at this address →Wanted Blue Benelux
€ 3 million gross margin · 2025
Paperclip België
€ 371,491 gross margin · 2025
SENTIANCE
€ -2.1 million gross margin · 2025
PPS-CONSULT
€ 28,432 gross margin · 2025
Sentiance
+20 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0401.955.033
- VAT number
- BE 0401.955.033
- Registered office
- Michel De Braeystraat 52, 2000 Antwerpen
- Names & denominations
- Kenvue Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
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