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 2024 and 2025.
Financials
Financial year 2025
LAROY GROUP from Gent, company number BE0423800819, closed financial year 2025 with a result of € -2.1 million after tax. For that financial year LAROY GROUP recorded revenue of € 45.4 million and equity of € 11.4 million. Compared with financial year 2024, the result moved from € -3.2 million to € -2.1 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 11.4 million
▼ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2.1 million
▲ 34 % less loss than in 2024
Profit after tax over the fiscal year.
€ 145,395
▼ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 10.9 million.
People and assets in 2025
90.1
▼ 8.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 6.5 million
▼ 1% vs 2024
€ 72,100 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.
€ 105,321
▼ 43% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7.6 million
▲ 11% vs 2024
Loans from banks and other lenders, long and short.
€ 3.7 million
▼ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 33 days on average.
€ 585,165
▼ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 52,627,860 | € 48,791,058 | € 47,428,522 | € 45,442,718 | ▼ 4% |
| Profit after taxes | € 898,485 | € -117,154 | € -3,214,324 | € -2,131,636 | ▲ € 1.1 million |
| Equity | € 19,581,285 | € 16,767,613 | € 13,553,289 | € 11,421,653 | ▼ 16% |
| Total debts | € 13,040,567 | € 12,819,514 | € 15,710,083 | € 15,566,117 | ▼ 1% |
| Cash | € 459,752 | € 363,648 | € 223,542 | € 145,395 | ▼ 35% |
| Land & buildings | € 1,360,727 | € 88,476 | € 77,450 | € 57,380 | ▼ 26% |
| Retained profit | € 19,019,312 | € 16,283,029 | € 13,068,705 | € 10,937,068 | ▼ 16% |
| Bank debt | € 6,827,511 | € 7,310,670 | € 6,824,472 | € 7,601,910 | ▲ 11% |
| Balance sheet total | € 32,621,852 | € 29,587,128 | € 30,176,637 | € 27,234,970 | ▼ 10% |
| Employees (FTE) | 78.1 | 92.5 | 98.6 | 90.1 | ▼ 8.5 |
Key figures of LAROY GROUP, 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 LAROY GROUP?
What happened at LAROY GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2.1 million. filed late Source: NBB ↗
- Guy Laroy stepped down as director. NBB
- Moyaert & Partners BV stepped down as director. NBB
- Annick Haerens stepped down as director. NBB
- Lambrecht JFF CommV stepped down as director. NBB
- Laroy Global Pet Nutrition & Care NV stepped down as director. NBB
- Els Laroy stepped down as director. NBB
- Guy Laroy became a director. NBB
In short
From € 898,485 profit in 2022 to € 2.1 million loss in 2025.
Paid € 675,848 in corporate taxes since 2022.
Best year ever: 2022, with € 898,485 profit.
Pays suppliers within 33 days on average.
Management
The shares are held by Laroy Global Pet Nutrition & Care (100%). It owns 100% of Globintra Limited BO itself.
Directors
According to the 2025 annual accounts
Guy Laroy
Director
Owns 20% via Laroy Global Pet Nutrition & Care
Also active at: GERMINA, EURO CANDY, CEDE, NATURAL PET, LAROY GLOBAL PET NUTRITION AND CARE
since 2025 · until 2026
Director · represented by Peter Moyaert
Also active at: VEEVOEDERS A. LAROY, EURO CANDY, Flamingo Pet Products, VLADIMMO, LAROY GLOBAL PET NUTRITION AND CARE
since 2025 · until 2026
since 2025 · until 2026
Director · represented by Johan Lambrecht
Also active at: BELOS, VEEVOEDERS A. LAROY, BEAULIEU INTERNATIONAL GROUP, B.I.G COORDINATION CENTER, EUROPLAY, SYNTRUM, PAPILIO
since 2025 · until 2026
Laroy Global Pet Nutrition & Care NV
Managing director · represented by Carlos Laroy
Also active at: Flamingo Pet Products
since 2025 · until 2026
Els Laroy
Managing director
Owns 20% via Laroy Global Pet Nutrition & Care
Also active at: GERMINA, EURO CANDY, LAROY GLOBAL PET NUTRITION AND CARE
since 2025 · until 2026
Shareholders
Laroy Global Pet Nutrition & Care · holding of Els Laroy
100%
Participations
Globintra Limited BO
100%
Establishments
Establishment units
Physical locations of this company
Industrieweg 98
9032 Gent
Industrieweg 98-100
9032 Gent
Active since 23 March 1983
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0423.800.819
- VAT number
- BE 0423.800.819
- Registered office
- Industrieweg 98, 9032 Gent
- Names & denominations
- LAROY GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 March 1983
- Peppol
- Active · Active since 19 Feb 2026
- Activities · NACE
Groothandel in voedsel voor huisdieren
Groothandel in diervoeders met uitzondering van veevoeders
Groothandel in granen, zaden en diervoeders
Groothandel in akkerbouwproducten en veevoeders, algemeen assortiment