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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Shrinking team NBB
FTE fell two years in a row, from 23.3 to 19.8.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
GROUP SOPEX from Antwerpen, company number BE0404854640, closed financial year 2025 with a result of € 3.5 million after tax. For that financial year GROUP SOPEX recorded revenue of € 290.2 million and equity of € 49.1 million. Compared with financial year 2024, the result moved from € 20.4 million to € 3.5 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 22, 2026.
€ 49.1 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.5 million
▼ 83% vs 2024
Profit after tax over the fiscal year.
€ 123,230
▼ 1% 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 € 13.9 million.
People and assets in 2025
19.8
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.2 million
▲ 18% vs 2024
€ 111,400 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.
€ 292,800
▲ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 51.4 million
▼ 31% vs 2024
Loans from banks and other lenders, long and short.
€ 10.7 million
▲ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 14 days on average.
€ 475,656
▲ 33% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 334,174,881 | € 189,936,875 | € 293,152,013 | € 290,183,697 | ▼ 1% |
| Profit after taxes | € -22,612,799 | € -9,626,206 | € 20,374,613 | € 3,503,768 | ▼ 83% |
| Equity | € 36,324,620 | € 34,598,413 | € 45,323,026 | € 49,076,774 | ▲ 8% |
| Total debts | € 97,974,517 | € 68,005,775 | € 92,064,930 | € 75,462,947 | ▼ 18% |
| Cash | € 801,289 | € 1,288,707 | € 124,882 | € 123,230 | ▼ 1% |
| Land & buildings | € 6,728,354 | € 6,407,383 | € 6,080,957 | € 5,757,258 | ▼ 5% |
| Retained profit | € 768,257 | € -8,553,993 | € 10,124,576 | € 13,932,281 | ▲ 38% |
| Dividend | € 0 | € 0 | € 2,000,000 | € 0 | ▼ 100% |
| Bank debt | € 73,456,263 | € 51,721,775 | € 74,704,060 | € 51,358,577 | ▼ 31% |
| Balance sheet total | € 134,299,137 | € 102,604,189 | € 137,387,956 | € 124,539,721 | ▼ 9% |
| Employees (FTE) | 23.6 | 23.3 | 20 | 19.8 | ▼ 0.2 |
Key figures of GROUP SOPEX, 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 GROUP SOPEX?
What happened at GROUP SOPEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Mr. Quentin Kronacker stepped down as director. NBB
- Ms. Laura Kronacker stepped down as director. NBB
- Mr. Hugues Kronacker stepped down as director. NBB
- Mr. Mathew Halsall stepped down as director. NBB
- Mr. Paul Kronacker stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3.5 million (▼ 83% vs 2024). Source: NBB ↗
- Mr. Mathew Halsall became a director. NBB
- Mr. Quentin Kronacker became a director. NBB
In short
From € 22.6 million loss in 2022 to € 3.5 million profit in 2025.
Paid € 464,635 in corporate taxes since 2022.
Best year ever: 2024, with € 20.4 million profit.
Paid out € 2 million in dividends to the owners in total.
A new publication or filing at GROUP SOPEX? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of HERMIA, Panthée S.A. comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GROUP SOPEXThe shares are held by HERMIA (59.6%) and Panthée S.A. (30%). It owns 100% of Sopex Americas Inc, 100% of Sopex Asia, 100% of Sopex Vietnam Co Ltd, 100% of Sopex London LTD, 100% of Sopex Cocoa and 99.5% of Olivier-Langlois itself.
Directors
According to the 2025 annual accounts
Mr. Hugues Kronacker
Chairman of the board
since 2021 · until 2027
Mr. Mathew Halsall
Director
since 2025 · until 2027
Ms. Laura Kronacker
Director
since 2023 · until 2029
Mr. Paul Kronacker
Director
since 2021 · until 2027
Mr. Quentin Kronacker
Managing director
since 2024 · until 2030
Shareholders
59.6%
30%
Participations
Sopex Americas Inc
100%
Sopex Asia
100%
Sopex Vietnam Co Ltd
100%
Sopex London LTD
100%
100%
Olivier-Langlois
99.5%
Belle Etoile Immo
90%
SCI Agavon Immobilier
80%
Maison J. Quille & Fils
73.8%
G.D.K.
62%
Establishments
Establishment units
Physical locations of this company
Generaal Lemanstraat 74
2600 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →SOPEX COMMODITY SOLUTIONS same network
€ 7.8 million revenue · 2025
Sopex Cocoa same network
HERMIA same network
€ -21,300 gross margin · 2025
SHIPNEXT
€ 142,583 gross margin · 2025
VARAMAR
€ 81,026 gross margin · 2024
+6 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
- 0404.854.640
- VAT number
- BE 0404.854.640
- Registered office
- Generaal Lemanstraat 74, 2600 Antwerpen
- Names & denominations
- GROUP SOPEX
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 April 1894
- Peppol
- Active · Active since 4 Nov 2025
- Activities · NACE
Groothandel in koffie, thee, cacao en specerijen
Groothandel in suiker, chocolade en suikerwerk