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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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Busy address KBO
60 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Ferrero from Watermaal-Bosvoorde, company number BE0402214359, closed financial year 2025 with a result of € 4.2 million after tax. For that financial year Ferrero recorded revenue of € 252.9 million and equity of € 7.9 million. Compared with financial year 2024, the result moved from € 3.5 million to € 4.2 million. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 23, 2026.
€ 7.9 million
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4.2 million
▲ 20% vs 2024
Profit after tax over the fiscal year.
€ 1.7 million
Cash and bank balances on the last day of the fiscal year.
€ 21.8 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
136.5
▼ 3.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 18.9 million
▼ 8% vs 2024
€ 138,500 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.
€ 529,312
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 52.5 million
▲ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 79 days on average.
€ 5.9 million
▼ 13% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 184,507,771 | € 205,292,423 | € 229,708,240 | € 252,916,751 | ▲ 10% |
| Profit after taxes | € 2,008,041 | € 2,514,665 | € 3,506,298 | € 4,194,563 | ▲ 20% |
| Equity | € 19,470,370 | € 15,985,402 | € 7,232,522 | € 7,920,787 | ▲ 10% |
| Total debts | € 49,604,277 | € 67,931,614 | € 69,959,976 | € 86,277,401 | ▲ 23% |
| Cash | € 970,544 | € 817,849 | € 1,707,838 | € 1,712,772 | |
| Land & buildings | € 1,113,562 | € 1,018,016 | € 929,433 | € 819,686 | ▼ 12% |
| Retained profit | € 16,095,370 | € 12,610,402 | € 3,857,522 | € 4,545,787 | ▲ 18% |
| Dividend | € 5,000,000 | € 5,999,800 | € 18,258,978 | € 21,765,276 | ▲ 19% |
| Balance sheet total | € 75,816,985 | € 85,642,342 | € 81,953,549 | € 95,253,114 | ▲ 16% |
| Employees (FTE) | 128.2 | 125.9 | 139.7 | 136.5 | ▼ 3.2 |
Key figures of Ferrero, 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 March 2027.
What happened to Ferrero?
What happened at Ferrero in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 4.2 million (▲ 20% vs 2024). Source: NBB ↗
- Alberto CECI stepped down as director. NBB
- Frédérik DE NEVE stepped down as director. NBB
- Simon BOULANGER stepped down as director. NBB
- Maria CRIVARO stepped down as director. NBB
- Francesco CLAVARINO stepped down as director. NBB
- Alberto CECI became a director. NBB
- Frédérik DE NEVE became a director. NBB
In short
From € 2 million profit in 2022 to € 4.2 million profit in 2025.
Paid € 5.7 million in corporate taxes since 2022.
Best year ever: 2025, with € 4.2 million profit.
Paid out € 51 million in dividends to the owners in total.
Management
The shares are held by Ferrero Middle and Eastern Europe GMBH (100%) and Ferrero B.V (0%).
Directors
According to the 2025 annual accounts
Alberto CECI
Director
since 2025 · until 2026
Frédérik DE NEVE
Director
since 2025 · until 2026
Simon BOULANGER
Director
since 2025 · until 2026
Maria CRIVARO
Director
since 2025 · until 2026
Francesco CLAVARINO
Director
since 2025 · until 2026
Shareholders
Ferrero B.V
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Terhulpsesteenweg 187
1170 Watermaal-Bosvoorde
Industrielaan 17
1740 Ternat
Active since 1 January 1975
Industrielaan 24
1740 Ternat
Active since 1 January 2001
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 60 companies are registered at this address.
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+55 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
- 0402.214.359
- VAT number
- BE 0402.214.359
- Registered office
- Terhulpsesteenweg 187, 1170 Watermaal-Bosvoorde
- Names & denominations
- Ferrero
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 April 1958
- Peppol
- Active · Active since 15 Sept 2025
- Activities · NACE
Groothandel in suiker, chocolade en suikerwerk