Financials
Financial year 2025
FrieslandCampina Belgium Cheese from Aalter, company number BE0419250133, closed financial year 2025 with a result of € 1.5 million after tax. For that financial year FrieslandCampina Belgium Cheese recorded revenue of € 33.2 million and equity of € 8.4 million. Compared with financial year 2024, the result moved from € 2.1 million to € 1.5 million. The company is profitable. The buffer shrank hard: equity is 84 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 8.4 million
▼ 84% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.5 million
▼ 27% vs 2024
Profit after tax over the fiscal year.
€ 46.9 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
6.7
▲ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 878,859
▲ 10% vs 2024
€ 131,200 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.
€ 75,206
▼ 35% vs 2024
Of which on lease € 75,206.
Debts at end 2025
€ 77,602
▼ 35% vs 2024
Loans from banks and other lenders, long and short.
€ 3.6 million
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 42 days on average.
€ 250,745
▼ 22% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 36,077,820 | € 36,197,256 | € 35,700,625 | € 33,164,547 | ▼ 7% |
| Profit after taxes | € 4,472,144 | € 1,635,391 | € 2,090,142 | € 1,530,884 | ▼ 27% |
| Equity | € 49,991,393 | € 51,626,784 | € 53,716,926 | € 8,384,748 | ▼ 84% |
| Total debts | € 7,035,871 | € 7,901,009 | € 5,328,247 | € 4,328,549 | ▼ 19% |
| Retained profit | € 48,391,393 | € 50,026,784 | € 52,116,926 | € 6,784,748 | ▼ 87% |
| Dividend | € 0 | € 0 | € 0 | € 46,863,062 | |
| Bank debt | € 89,866 | € 169,444 | € 118,686 | € 77,602 | ▼ 35% |
| Balance sheet total | € 57,185,672 | € 59,694,331 | € 59,211,711 | € 12,713,297 | ▼ 79% |
| Employees (FTE) | 7.3 | 7.5 | 5.8 | 6.7 | ▲ 0.9 |
Key figures of FrieslandCampina Belgium Cheese, 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 FrieslandCampina Belgium Cheese?
What happened at FrieslandCampina Belgium Cheese in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Joris Vogelpoel stepped down as director. NBB
- Christophe Guilmin stepped down as director. NBB
- Ortegal BV stepped down as director. NBB
- Joris Verheijen stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.5 million (▼ 27% vs 2024). Source: NBB ↗
- Christophe Guilmin became a director. NBB
- Wesley Demoed stepped down as director. NBB
- Ortegal BV became a director. NBB
In short
From € 4.5 million profit in 2022 to € 1.5 million profit in 2025.
Paid € 2.2 million in corporate taxes since 2022.
Best year ever: 2022, with € 4.5 million profit.
Paid out € 46.9 million in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
Christophe Guilmin
Director
since 2026 · until 2029
Wesley Demoed
Director
since 2024 · until 2026
Joris Vogelpoel
Managing director
since 2024 · until 2030
Director · represented by Edith Hamelryckx
Also active at: FrieslandCampina Belgium, Kaasimport Jan Dupont, CAMAL, JOKALI, Kaasbrik Invest, CHEESELINE, YSCO, KJD Consult +3 more
since 2026 · until 2029
Joris Verheijen
Director
since 2026 · until 2029
Establishments
Establishment units
Physical locations of this company
Venecolaan 17
9880 Aalter
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0419.250.133
- VAT number
- BE 0419.250.133
- Registered office
- Venecolaan 17, 9880 Aalter
- Names & denominations
- FrieslandCampina Belgium Cheese
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 February 1979
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
Vervaardiging van zuivelproducten
Zuivelfabrieken en kaasmakerijen
Groothandel in zuivelproducten en eieren
Groothandel in zuivelproducten, eieren, spijsoliën en -vetten
Goederenvervoer over de weg
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Onderhoud en reparatie van auto's
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)