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.
€ 141.8 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20.5 million
▲ 21% vs 2024
Profit after tax over the fiscal year.
€ 67.5 million
▲ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 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
991.7
▲ 71.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 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.
€ 557,591
▲ 157% vs 2024
Of which on lease € 91,562.
Debts at end 2025
€ 76,786
€ 46,906 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 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.
€ 17.8 million
▲ 26% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 291,927,141 | € 358,412,489 | € 405,749,374 | € 421,629,287 | ▲ 4% |
| Profit after taxes | € 17,393,388 | € 19,082,512 | € 16,941,186 | € 20,454,457 | ▲ 21% |
| Equity | € 103,793,973 | € 122,876,486 | € 139,817,671 | € 141,772,128 | ▲ 1% |
| Total debts | € 89,245,643 | € 73,135,155 | € 68,038,850 | € 112,485,713 | ▲ 65% |
| Cash | € 25,246,206 | € 32,216,646 | € 49,212,740 | € 67,509,839 | ▲ 37% |
| Land & buildings | € 27,949,703 | € 39,364,070 | € 39,327,591 | € 42,422,116 | ▲ 8% |
| Retained profit | € 80,891,489 | € 99,974,002 | € 116,915,187 | € 118,869,644 | ▲ 2% |
| Dividend | € 0 | € 0 | € 0 | € 18,500,000 | |
| Bank debt | € 0 | € 0 | € 0 | € 76,786 | |
| Balance sheet total | € 193,071,509 | € 196,028,974 | € 207,870,079 | € 254,267,732 | ▲ 22% |
| Employees (FTE) | 797.1 | 852.3 | 920.3 | 991.7 | ▲ 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:
- Saskia De Paepe stepped down as director. NBB
- Pieter Grymonpré stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 20.5 million (▲ 21% vs 2024). Source: NBB ↗
- Ignace Heyman stepped down as director. NBB
- Saskia De Paepe became a director. NBB
- Pieter Grymonpré became a director. NBB
- New establishment in Lokeren. KBO
- 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.
A new publication or filing at Lotus Bakeries België? 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 stake of LOTUS BAKERIES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Lotus Bakeries BelgiëThe 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
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Gentstraat 52
9971 Kaprijke
Brandstraat 14
9160 Lokeren
Active since 1 July 2012
Hollenaarstraat 91
9041 Gent
Active since 1 July 2012
Kerkstraat 33B
9971 Kaprijke
Active since 1 July 2012
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 →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