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 2024 was expected before 31 October 2024 and has not been filed.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2023
Tereos Starch & Sweeteners Belgium from Aalst, company number BE0405716158, closed financial year 2023 with a result of € 223.2 million after tax. For that financial year Tereos Starch & Sweeteners Belgium recorded revenue of € 1.6 billion and equity of € 564 million. Compared with financial year 2022, the result moved from € 17.6 million to € 223.2 million. Profitable, and profit is growing. 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 November 21, 2023.
€ 564 million
▲ 65% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 223.2 million
▲ € 205.6 million vs 2022
Profit after tax over the fiscal year.
€ 21.2 million
▲ 207% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € 557 million.
People and assets in 2023
321.8
▲ 5.3 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 31.9 million
▲ 9% vs 2022
€ 99,000 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.
€ 1,207
▼ 75% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 270.1 million
▲ 27% vs 2022
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 76 days on average.
€ 83.8 million
▲ 190% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|
| Revenue | € 1,189,395,027 | € 1,606,871,103 | ▲ 35% |
| Profit after taxes | € 17,555,653 | € 223,179,364 | ▲ € 205.6 million |
| Equity | € 340,868,965 | € 564,023,488 | ▲ 65% |
| Total debts | € 245,787,459 | € 363,461,591 | ▲ 48% |
| Cash | € 6,899,021 | € 21,202,441 | ▲ 207% |
| Land & buildings | € 14,166,740 | € 13,324,824 | ▼ 6% |
| Retained profit | € 333,853,512 | € 557,032,876 | ▲ 67% |
| Balance sheet total | € 587,514,663 | € 928,204,361 | ▲ 58% |
| Employees (FTE) | 316.5 | 321.8 | ▲ 5.3 |
Key figures of Tereos Starch & Sweeteners Belgium, fiscal years 2022 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 October 2024.
What happened to Tereos Starch & Sweeteners Belgium?
What happened at Tereos Starch & Sweeteners Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: profit of € 223.2 million (▲ € 205.6 million vs 2022). filed late Source: NBB ↗
- Marjolein De Bremme stepped down as director. NBB
- Christophe Lescroart stepped down as director. NBB
- Leo Paternot stepped down as director. NBB
- Christophe Lescroart became a director. NBB
- Leo Paternot became a director. NBB
- Marjolein De Bremme became a director. NBB
- New establishment in Aalst. KBO
In short
From € 17.6 million profit in 2022 to € 223.2 million profit in 2023.
Paid € 60 million in corporate taxes since 2022.
Best year ever: 2023, with € 223.2 million profit.
Pays suppliers within 76 days on average.
A new publication or filing at Tereos Starch & Sweeteners Belgium? 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 shares are held by Tereos Starch & Sweeteners Europe SAS BO (100%). It owns 43.9% of Tereos Asia Investment itself.
Directors
According to the 2023 annual accounts
Marjolein De Bremme
Managing director
Also active at: BEDRIJVENCENTRUM REGIO AALST, Initiatieven voor Professionele Vorming voor de Bedienden van de Voedingsnijverheid, TUUR
since 2018 · until 2023
Christophe Lescroart
Director
since 2021 · until 2023
Leo Paternot
Managing director
since 2020 · until 2023
Shareholders
Participations
43.9%
Establishments
Establishment units
Physical locations of this company
Burchtstraat 10
9300 Aalst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →ELFER
€ 138,780 gross margin · 2023
Eerstelijnszone Regio Aalst
ECOM360
€ 67,876 gross margin · 2024
MARQUISOU
Solidtecs
€ 450,385 gross margin · 2025
+8 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
- 0405.716.158
- VAT number
- BE 0405.716.158
- Registered office
- Burchtstraat 10, 9300 Aalst
- Names & denominations
- Tereos Starch & Sweeteners Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 December 1925
- Peppol
- Active · Active since 10 Oct 2025
- Activities · NACE
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