Financials
Financial year 2024
LA LORRAINE BAKERY GROUP from Ninove, company number BE0412382632, closed financial year 2024 with a result of € 46.9 million after tax. Compared with financial year 2022, the result moved from € 17.9 million to € 46.9 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 15, 2025.
€ 124.3 million
▲ 20% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 46.9 million
▲ 162% vs 2022
Profit after tax over the fiscal year.
€ 8.3 million
▼ 8% vs 2022
Cash and bank balances on the last day of the fiscal year.
€ 22 million paid out
47 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
3.9
Average over the fiscal year, from the social balance sheet.
€ 277,389
▲ 13% vs 2022
€ 71,100 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.
€ 941,030
▲ € 917,079 vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 575.5 million
▲ 32% vs 2022
Loans from banks and other lenders, long and short.
€ 4.2 million
▲ 1% vs 2022
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 159 days on average.
€ 9.5 million
▲ 26% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2024 | Change 2022 → 2024 | |
|---|---|---|---|---|
| Profit after taxes | € -11,519,208 | € 17,921,903 | € 46,915,858 | ▲ 162% |
| Equity | € 94,616,354 | € 103,538,257 | € 124,340,735 | ▲ 20% |
| Total debts | € 353,878,299 | € 474,194,681 | € 625,139,303 | ▲ 32% |
| Cash | € 6,979,400 | € 9,049,808 | € 8,322,808 | ▼ 8% |
| Land & buildings | € 1,474,336 | € 1,345,889 | € 1,088,996 | ▼ 19% |
| Retained profit | € 22,924,238 | € 31,846,141 | € 52,648,619 | ▲ 65% |
| Dividend | € 10,750,000 | € 9,000,000 | € 22,000,000 | ▲ 144% |
| Bank debt | € 331,534,084 | € 435,000,000 | € 575,500,000 | ▲ 32% |
| Balance sheet total | € 448,494,654 | € 577,732,938 | € 749,480,038 | ▲ 30% |
| Employees (FTE) | 3.9 | 3.9 | 3.9 |
Key figures of LA LORRAINE BAKERY GROUP, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to LA LORRAINE BAKERY GROUP?
What happened at LA LORRAINE BAKERY GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Lamirada SRO stepped down as director. NBB
- Katrien Vanherpe stepped down as director. NBB
- GUIDO VANHERPE BV stepped down as director. NBB
- Fast Forward Services BV stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 46.9 million (▲ 162% vs 2022). Source: NBB ↗
- BROECKAERT BV stepped down as director. NBB
- MATHIEU VANHERPE stepped down as director. NBB
- Lamirada SRO became a director. NBB
In short
From € 11.5 million loss in 2021 to € 46.9 million profit in 2024.
Paid € 7.3 million in corporate taxes since 2021.
Best year ever: 2024, with € 46.9 million profit.
Paid out € 41.8 million in dividends to the owners in total.
Management
It owns 100% of LA LORRAINE ANTWERPEN, 100% of LA LORRAINE DANMARK, 100% of La Lorraine Kft, 100% of LA LORRAINE A.S., 100% of LA LORRAINE BAKERY USA (Delaware Ltd) and 100% of La Lorraine Sweden AB itself.
Directors
According to the 2024 annual accounts
Lamirada SRO
Director · represented by Anthony Vanherpe
since 2023 · until 2029
since 2023 · until 2029
since 2019 · until 2025
since 2022 · until 2027
MATHIEU VANHERPE
Director
since 2019 · until 2025
Managing director · represented by Guido Vanherpe
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Elisabethlaan 143
9400 Ninove
Industrieterrein Kolmen 1514
3570 Alken
Active since 1 April 1972
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
- 0412.382.632
- VAT number
- BE 0412.382.632
- Registered office
- Elisabethlaan 143, 9400 Ninove
- Names & denominations
- LA LORRAINE BAKERY GROUP · LLBG
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 April 1972
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Activiteiten van holdings
Holdings
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen