What does Lotus Bakeries België do?

Lotus Bakeries België is a food producer in Kaprijke. Public Limited, started on 18 June 1981, 5 establishments.

What is the address of Lotus Bakeries België?

The registered office of Lotus Bakeries België is located at Gentstraat 52, 9971 Kaprijke.

Is Lotus Bakeries België still active?

Yes. According to the CBE (29 October 2026) Lotus Bakeries België is active, legal situation “Normale toestand”, started on 18 June 1981.

Is Lotus Bakeries België registered on Peppol?

Yes, Lotus Bakeries België is registered on the Peppol network with ID 0208:0421694038.

What is the enterprise number of Lotus Bakeries België?

The enterprise number of Lotus Bakeries België is BE0421694038.

When was Lotus Bakeries België founded?

Lotus Bakeries België was founded on 18 June 1981.

Who are the directors of Lotus Bakeries België?

According to the 2025 annual accounts, the directors of Lotus Bakeries België are: Saskia De Paepe, Ignace Heyman, Pieter Grymonpré.

Is Lotus Bakeries België a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 18 June 1981; 6 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account; 5 establishments in the CBE.

How much profit did Lotus Bakeries België make in 2025?

Lotus Bakeries België posted a profit after taxes of € 20,454,457 in financial year 2025.

What is the revenue of Lotus Bakeries België?

In its most recent annual accounts (2025), Lotus Bakeries België reported revenue of € 421,629,287.

How much does an employee at Lotus Bakeries België earn?

The average wage cost per full-time employee at Lotus Bakeries België was € 76,100 in 2025: staff costs of € 75.5 million for 991.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Lotus Bakeries België have?

According to the 2025 annual accounts, Lotus Bakeries België has 991.7 full-time equivalents (FTE).

Lotus Bakeries België (Public Limited) - Kaprijke

Dossier Lotus Bakeries België, printed on 29 October 2026 from databakkes.be/en/0421694038/lotus-bakeries-belgie. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Lotus Bakeries België from Kaprijke, company number BE0421694038, closed financial year 2025 with a result of € 20.5 million after tax. For that financial year Lotus Bakeries België recorded revenue of € 421.6 million and equity of € 141.8 million. Compared with financial year 2024, the result moved from € 16.9 million to € 20.5 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 May 18, 2026.

What it is worth Growing

€ 141.8 million

▲ 1% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 20.5 million

▲ 21% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 67.5 million

▲ 37% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 18.5 million paid out

90 % of the profit went to the shareholders, mostly to LOTUS BAKERIES (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

991.7

▲ 71.4 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 109.7 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 75.5 million

▲ 11% vs 2024

€ 76,100 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.

Vehicles and equipment

€ 557,591

▲ 157% vs 2024

Of which on lease € 91,562.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 76,786

€ 46,906 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 74.2 million

▲ 43% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 82 days on average.

Taxes and wages

€ 17.8 million

▲ 26% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 291,927,141 Revenue 2022: € 291,927,141 First fiscal year in the series	€ 358,412,489 Revenue 2023: € 358,412,489 ▲ 23% vs 2022 (€ 291,927,141) Favourable step	€ 405,749,374 Revenue 2024: € 405,749,374 ▲ 13% vs 2023 (€ 358,412,489) Favourable step	€ 421,629,287 Revenue 2025: € 421,629,287 ▲ 4% vs 2024 (€ 405,749,374) Favourable step	▲ 4%
Profit after taxes	€ 17,393,388 Profit after taxes 2022: € 17,393,388 First fiscal year in the series	€ 19,082,512 Profit after taxes 2023: € 19,082,512 ▲ 10% vs 2022 (€ 17,393,388) Favourable step	€ 16,941,186 Profit after taxes 2024: € 16,941,186 ▼ 11% vs 2023 (€ 19,082,512) Unfavourable step	€ 20,454,457 Profit after taxes 2025: € 20,454,457 ▲ 21% vs 2024 (€ 16,941,186) Favourable step	▲ 21%
Equity	€ 103,793,973 Equity 2022: € 103,793,973 First fiscal year in the series	€ 122,876,486 Equity 2023: € 122,876,486 ▲ 18% vs 2022 (€ 103,793,973) Favourable step	€ 139,817,671 Equity 2024: € 139,817,671 ▲ 14% vs 2023 (€ 122,876,486) Favourable step	€ 141,772,128 Equity 2025: € 141,772,128 ▲ 1% vs 2024 (€ 139,817,671) Favourable step	▲ 1%
Total debts	€ 89,245,643 Total debts 2022: € 89,245,643 First fiscal year in the series	€ 73,135,155 Total debts 2023: € 73,135,155 ▼ 18% vs 2022 (€ 89,245,643) Favourable step	€ 68,038,850 Total debts 2024: € 68,038,850 ▼ 7% vs 2023 (€ 73,135,155) Favourable step	€ 112,485,713 Total debts 2025: € 112,485,713 ▲ 65% vs 2024 (€ 68,038,850) Unfavourable step	▲ 65%
Cash	€ 25,246,206 Cash 2022: € 25,246,206 First fiscal year in the series	€ 32,216,646 Cash 2023: € 32,216,646 ▲ 28% vs 2022 (€ 25,246,206) Favourable step	€ 49,212,740 Cash 2024: € 49,212,740 ▲ 53% vs 2023 (€ 32,216,646) Favourable step	€ 67,509,839 Cash 2025: € 67,509,839 ▲ 37% vs 2024 (€ 49,212,740) Favourable step	▲ 37%
Land & buildings	€ 27,949,703 Land & buildings 2022: € 27,949,703 First fiscal year in the series	€ 39,364,070 Land & buildings 2023: € 39,364,070 ▲ 41% vs 2022 (€ 27,949,703) Unchanged	€ 39,327,591 Land & buildings 2024: € 39,327,591 Unchanged (€ 39,364,070) Unchanged	€ 42,422,116 Land & buildings 2025: € 42,422,116 ▲ 8% vs 2024 (€ 39,327,591) Unchanged	▲ 8%
Retained profit	€ 80,891,489 Retained profit 2022: € 80,891,489 First fiscal year in the series	€ 99,974,002 Retained profit 2023: € 99,974,002 ▲ 24% vs 2022 (€ 80,891,489) Favourable step	€ 116,915,187 Retained profit 2024: € 116,915,187 ▲ 17% vs 2023 (€ 99,974,002) Favourable step	€ 118,869,644 Retained profit 2025: € 118,869,644 ▲ 2% vs 2024 (€ 116,915,187) Favourable step	▲ 2%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 18,500,000 Dividend 2025: € 18,500,000 Unchanged (€ 0) Unchanged
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 76,786 Bank debt 2025: € 76,786 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 193,071,509 Balance sheet total 2022: € 193,071,509 First fiscal year in the series	€ 196,028,974 Balance sheet total 2023: € 196,028,974 ▲ 2% vs 2022 (€ 193,071,509) Unchanged	€ 207,870,079 Balance sheet total 2024: € 207,870,079 ▲ 6% vs 2023 (€ 196,028,974) Unchanged	€ 254,267,732 Balance sheet total 2025: € 254,267,732 ▲ 22% vs 2024 (€ 207,870,079) Unchanged	▲ 22%
Employees (FTE)	797.1 Employees (FTE) 2022: 797.1 First fiscal year in the series	852.3 Employees (FTE) 2023: 852.3 ▲ 55.2 vs 2022 (797.1) Unchanged	920.3 Employees (FTE) 2024: 920.3 ▲ 68 vs 2023 (852.3) Unchanged	991.7 Employees (FTE) 2025: 991.7 ▲ 71.4 vs 2024 (920.3) Unchanged	▲ 71.4

Key figures of Lotus Bakeries België, 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 Lotus Bakeries België?

What happened at Lotus Bakeries België in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2030 Saskia De Paepe stepped down as director. NBB
2029 Pieter Grymonpré stepped down as director. NBB
May 18, 2026 New annual accounts for financial year 2025: profit of € 20.5 million (▲ 21% vs 2024). Source: NBB ↗
2026 Ignace Heyman stepped down as director. NBB
2024 Saskia De Paepe became a director. NBB
2023 Pieter Grymonpré became a director. NBB
May 1, 2022 New establishment in Lokeren. KBO
2020 Ignace Heyman became a director. NBB

In short

From € 17.4 million profit in 2022 to € 20.5 million profit in 2025.

Paid € 18.1 million in corporate taxes since 2022.

Best year ever: 2025, with € 20.5 million profit.

Paid out € 18.5 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

LOTUS BAKERIES 100%

The stake of LOTUS BAKERIES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Lotus Bakeries België

The shares are held by LOTUS BAKERIES (100%).

Directors

According to the 2025 annual accounts

Saskia De Paepe

Managing director

since 2024 · until 2030

Ignace Heyman

Chairman of the board

Also active at: Biscuiterie Willems, CREMERS - RIBERT, INTERWAFFLES

since 2020 · until 2026

Pieter Grymonpré

Director

Also active at: Biscuiterie Willems, CREMERS - RIBERT, INTERWAFFLES

since 2023 · until 2029

Shareholders

LOTUS BAKERIES

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Gentstraat 52

9971 Kaprijke

2.210.058.886

Brandstraat 14

9160 Lokeren

Active since 1 July 2012

2.210.059.084

Hollenaarstraat 91

9041 Gent

Active since 1 July 2012

2.213.131.313

Kerkstraat 33B

9971 Kaprijke

Active since 1 July 2012

2.329.524.482

Zoomstraat 2A

9160 Lokeren

Active since 1 May 2022

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

CREMERS - RIBERT same network

Cake

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0421.694.038

VAT number

BE 0421.694.038

Registered office

Gentstraat 52, 9971 Kaprijke

Names & denominations

Lotus Bakeries België

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

18 June 1981

Peppol

Active · Active since 7 Apr 2026

Activities · NACE

Vervaardiging van beschuit, biscuit en houdbaar banketbakkerswerk

Vervaardiging van margarine en andere spijsvetten

View on CBE Public ↗ Annual accounts (NBB) ↗

Lotus Bakeries België

Financials

What happened to Lotus Bakeries België?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions