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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Two loss years in a row NBB
Negative result in 2025 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 103.5 to 81.
Financials
Financial year 2025
POPPIES BAKERIES DOUR from Dour, company number BE0420536075, closed financial year 2025 with a result of € -4.6 million after tax. For that financial year POPPIES BAKERIES DOUR recorded revenue of € 7.9 million and equity of € 11.4 million. Compared with financial year 2025, the result moved from € -3.1 million to € -4.6 million. The company made a loss. 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 June 29, 2026.
€ 11.4 million
▲ € 20.5 million vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4.6 million
▼ 49 % more loss than in 2025
Profit after tax over the fiscal year.
€ 469
▼ € 775,422 vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -19.9 million.
People and assets in 2025
81
▼ 21.9 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 2.4 million
▼ 58% vs 2025
€ 29,500 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.
€ 9,308
▼ 34% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.6 million
▼ 62% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 102 days on average.
€ 511,432
▲ 28% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2025 | Change 2025 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 16,772,693 | € 16,674,202 | € 15,949,473 | € 7,890,655 | ▼ 51% |
| Profit after taxes | € -4,131,482 | € -3,020,108 | € -3,065,196 | € -4,578,207 | ▼ € 1.5 million |
| Equity | € -3,038,003 | € -6,061,531 | € -9,126,727 | € 11,420,606 | ▲ € 20.5 million |
| Total debts | € 21,270,136 | € 23,754,351 | € 26,132,511 | € 3,780,140 | ▼ 86% |
| Cash | € 763,991 | € 897,181 | € 775,892 | € 469 | ▼ € 775,422 |
| Land & buildings | € 11,667,464 | € 11,026,799 | € 10,350,482 | € 9,988,646 | ▼ 3% |
| Retained profit | € -11,568,064 | € -14,588,172 | € -17,653,368 | € -19,876,035 | ▼ € 2.2 million |
| Balance sheet total | € 21,151,314 | € 20,358,895 | € 19,437,045 | € 18,089,750 | ▼ 7% |
| Employees (FTE) | 103.5 | 103.5 | 102.9 | 81 | ▼ 21.9 |
Key figures of POPPIES BAKERIES DOUR, fiscal years 2023 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 POPPIES BAKERIES DOUR?
What happened at POPPIES BAKERIES DOUR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Antony Popelier stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 3.1 million. Source: NBB ↗
- Antony Popelier became a director. NBB
- New establishment in Dour. KBO
- Start of the company according to the CBE. KBO
In short
From € 4.1 million loss in 2023 to € 4.6 million loss in 2025.
Paid € 4,675 in corporate taxes since 2023.
Pays suppliers within 102 days on average.
Management
The stake of JACQUET BELGIUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
POPPIES BAKERIES DOURThe shares are held by POLCAF (100%) and JACQUET BELGIUM (100%).
Directors
According to the 2025 annual accounts
Antony Popelier
Managing director
Also active at: Westlandia VZW, DE REZE BISCUIT-CHOCOLATE, POPPIES BAKERIES ZONNEBEKE, POPPIES BAKERIES, POPPIES BAKERIES COMINES, National International Trading Company, POPPIES BAKERIES ERTVELDE, POLCAF +11 more
since 2025 · until 2031
Shareholders
100%
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de la Machine à Feu 10
7370 Dour
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Hosting
GANDI-AS Domain name registrar - www.gandi.net, FR
DNS
Cloudflare DNS
Website info
Features
Security
Network
Details
- Company number
- 0420.536.075
- VAT number
- BE 0420.536.075
- Registered office
- Rue de la Machine à Feu 10, 7370 Dour
- Names & denominations
- POPPIES BAKERIES DOUR · PB Dour
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 April 1980
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- milcamps.be
- Activities · NACE
Industriële vervaardiging van brood en van vers banketbakkerswerk
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