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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Annual account missing NBB
Fiscal year 2023 was expected before 31 July 2024 and has not been filed.
Financials
Financial year 2022
LA LORRAINE NINOVE from Ninove, company number BE0402225247, closed financial year 2022 with a result of € 10.5 million after tax. For that financial year LA LORRAINE NINOVE recorded revenue of € 522.4 million and equity of € 36.6 million. Compared with financial year 2021, the result moved from € 4.4 million to € 10.5 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 16, 2023.
€ 36.6 million
▲ 18% vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10.5 million
▲ 137% vs 2021
Profit after tax over the fiscal year.
€ 1 million
▼ 45% vs 2021
Cash and bank balances on the last day of the fiscal year.
€ 5 million paid out
48 % of the profit went to the shareholders, mostly to LLBG NV (100 % of the shares). That is where the money ends up.
People and assets in 2022
628.5
▲ 13.7 vs 2021
Average over the fiscal year, from the social balance sheet.
€ 42.1 million
▲ 12% vs 2021
€ 67,000 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.
€ 6.7 million
▲ 6% vs 2021
Book value of vehicles, furniture and equipment.
Debts at end 2022
None
No bank loans on the last day of the fiscal year.
€ 66.1 million
▲ 43% vs 2021
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 50 days on average.
€ 10.6 million
▲ 29% vs 2021
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Revenue | € 434,308,316 | € 522,374,445 | ▲ 20% |
| Profit after taxes | € 4,445,529 | € 10,519,357 | ▲ 137% |
| Equity | € 31,091,418 | € 36,610,776 | ▲ 18% |
| Total debts | € 54,424,624 | € 76,832,972 | ▲ 41% |
| Cash | € 1,897,803 | € 1,045,526 | ▼ 45% |
| Land & buildings | € 18,810,337 | € 19,006,413 | ▲ 1% |
| Retained profit | € 29,268,300 | € 34,787,657 | ▲ 19% |
| Dividend | € 0 | € 5,000,000 | |
| Balance sheet total | € 87,727,653 | € 115,555,893 | ▲ 32% |
| Employees (FTE) | 614.8 | 628.5 | ▲ 13.7 |
Key figures of LA LORRAINE NINOVE, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to LA LORRAINE NINOVE?
What happened at LA LORRAINE NINOVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- L&A Business Consult BV stepped down as director. NBB
- La Lorraine Bakery Group NV stepped down as director. NBB
- New annual accounts for financial year 2022: profit of € 10.5 million (▲ 137% vs 2021). Source: NBB ↗
- SHAURI BV stepped down as director. NBB
- New establishment in Haaltert. KBO
- L&A Business Consult BV became a director. NBB
- SHAURI BV became a director. NBB
- La Lorraine Bakery Group NV became a director. NBB
In short
From € 4.4 million profit in 2021 to € 10.5 million profit in 2022.
Paid € 6.3 million in corporate taxes since 2021.
Best year ever: 2022, with € 10.5 million profit.
Paid out € 5 million in dividends to the owners in total.
Management
The shares are held by LLBG NV (100%) and La Lorraine Erpe-Mere NV (0%). It owns 70% of La Lorraine Bakery España itself.
Directors
According to the 2022 annual accounts
Director · represented by Marc Vanherpe
Also active at: PANIFLOWER, LA LORRAINE BARCHON, LA LORRAINE TRANSPORT, LA LORRAINE FERNELMONT, FRANZ, LA LORRAINE MORLANWELZ, ASTRA SWEETS, LA LORRAINE ALKEN +3 more
since 2018 · until 2023
Director · represented by Luc Verhasselt
Also active at: LA LORRAINE BARCHON, LA LORRAINE TRANSPORT, LA LORRAINE FERNELMONT, FRANZ, LA LORRAINE MORLANWELZ, Shopping 2000, LA LORRAINE ALKEN, LA LORRAINE ANTWERPEN +4 more
since 2022 · until 2027
Managing director · represented by Guido Vanherpe
Owns 0% via La Lorraine Erpe-Mere NV
Also active at: LA LORRAINE BARCHON, LA LORRAINE TRANSPORT, LA LORRAINE FERNELMONT, FRANZ, LA LORRAINE MORLANWELZ, LA LORRAINE ALKEN, LA LORRAINE ANTWERPEN, UKKELSE BAKKERIJEN +1 more
since 2018 · until 2024
Shareholders
100%
La Lorraine Erpe-Mere NV · holding of La Lorraine Bakery Group NV
0%
Participations
La Lorraine Bakery España
70%
Establishments
Establishment units
Physical locations of this company
Elisabethlaan 143
9400 Ninove
Stationsstraat(HA) 162A
9450 Haaltert
Active since 14 February 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0402.225.247
- VAT number
- BE 0402.225.247
- Registered office
- Elisabethlaan 143, 9400 Ninove
- Names & denominations
- LA LORRAINE NINOVE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 August 1958
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Industriële vervaardiging van brood en van vers banketbakkerswerk
Industriële bakkerijen
Vervaardiging van beschuit, biscuit en houdbaar banketbakkerswerk
Vervaardiging van beschuit en koekjes en ander houdbaar banketbakkerswerk