What does BOORTMALT do?

BOORTMALT is registered with the CBE as active in: Vervaardiging van mout. Public Limited, started on 21 December 1983, 1 establishment.

What is the address of BOORTMALT?

The registered office of BOORTMALT is located at Zandvoort 2, 2030 Antwerpen.

Is BOORTMALT still active?

Yes. According to the CBE (29 October 2026) BOORTMALT is active, legal situation “Normale toestand”, started on 21 December 1983.

Is BOORTMALT registered on Peppol?

Yes, BOORTMALT is registered on the Peppol network with ID 0208:0425041726.

What is the enterprise number of BOORTMALT?

The enterprise number of BOORTMALT is BE0425041726.

When was BOORTMALT founded?

BOORTMALT was founded on 21 December 1983.

Who are the directors of BOORTMALT?

According to the 2025 annual accounts, the directors of BOORTMALT are: J-F LOISEAU, TENEMUS BV, Jean-François LOISEAU, BERNARD PONCELET BV .

Is BOORTMALT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 21 December 1983; 4 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did BOORTMALT make in 2025?

BOORTMALT recorded a loss after taxes of € 32,459,618 in financial year 2025.

What is the revenue of BOORTMALT?

In its most recent annual accounts (2025), BOORTMALT reported revenue of € 502,627,563.

How much does an employee at BOORTMALT earn?

The average wage cost per full-time employee at BOORTMALT was € 126,400 in 2025: staff costs of € 9.3 million for 73.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does BOORTMALT have?

According to the 2025 annual accounts, BOORTMALT has 73.4 full-time equivalents (FTE).

BOORTMALT (Public Limited) - Antwerpen - BE0425041726

Dossier BOORTMALT, printed on 29 October 2026 from databakkes.be/en/0425041726/boortmalt. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.

Financials

Financial year 2025

BOORTMALT from Antwerpen, company number BE0425041726, closed financial year 2025 with a result of € -32.5 million after tax. For that financial year BOORTMALT recorded revenue of € 502.6 million and equity of € 89.7 million. Compared with financial year 2024, the result moved from € -9.8 million to € -32.5 million. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 10, 2025.

What it is worth Healthy

€ 89.7 million

▼ 32% vs 2024

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

Loss Caution

€ -32.5 million

▼ 231 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 135.7 million

▲ 101% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 8.1 million.

People and assets in 2025

Full-time equivalents

73.4

▲ 3.1 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: € 88.4 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 9.3 million

▼ 30% vs 2024

€ 126,400 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

€ 1.8 million

▲ 53% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 336.3 million

▲ 177% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 111.6 million

▲ 2% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 85 days on average.

Taxes and wages

€ 9.3 million

▼ 32% 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	€ 351,287,372 Revenue 2022: € 351,287,372 First fiscal year in the series	€ 587,702,626 Revenue 2023: € 587,702,626 ▲ 67% vs 2022 (€ 351,287,372) Favourable step	€ 619,184,417 Revenue 2024: € 619,184,417 ▲ 5% vs 2023 (€ 587,702,626) Favourable step	€ 502,627,563 Revenue 2025: € 502,627,563 ▼ 19% vs 2024 (€ 619,184,417) Unfavourable step	▼ 19%
Profit after taxes	€ -15,329,263 Profit after taxes 2022: € -15,329,263 First fiscal year in the series	€ 3,078,704 Profit after taxes 2023: € 3,078,704 ▲ € 18.4 million vs 2022 (€ -15,329,263) Favourable step	€ -9,796,081 Profit after taxes 2024: € -9,796,081 ▼ € 12.9 million vs 2023 (€ 3,078,704) Unfavourable step	€ -32,459,618 Profit after taxes 2025: € -32,459,618 ▼ € 22.7 million vs 2024 (€ -9,796,081) Unfavourable step	▼ € 22.7 million
Equity	€ 140,641,452 Equity 2022: € 140,641,452 First fiscal year in the series	€ 141,432,887 Equity 2023: € 141,432,887 ▲ 1% vs 2022 (€ 140,641,452) Favourable step	€ 130,999,306 Equity 2024: € 130,999,306 ▼ 7% vs 2023 (€ 141,432,887) Unfavourable step	€ 89,668,138 Equity 2025: € 89,668,138 ▼ 32% vs 2024 (€ 130,999,306) Unfavourable step	▼ 32%
Total debts	€ 508,787,563 Total debts 2022: € 508,787,563 First fiscal year in the series	€ 700,858,247 Total debts 2023: € 700,858,247 ▲ 38% vs 2022 (€ 508,787,563) Unfavourable step	€ 596,076,299 Total debts 2024: € 596,076,299 ▼ 15% vs 2023 (€ 700,858,247) Favourable step	€ 738,694,610 Total debts 2025: € 738,694,610 ▲ 24% vs 2024 (€ 596,076,299) Unfavourable step	▲ 24%
Cash	€ 52,281,753 Cash 2022: € 52,281,753 First fiscal year in the series	€ 72,841,104 Cash 2023: € 72,841,104 ▲ 39% vs 2022 (€ 52,281,753) Favourable step	€ 67,696,004 Cash 2024: € 67,696,004 ▼ 7% vs 2023 (€ 72,841,104) Unfavourable step	€ 135,741,817 Cash 2025: € 135,741,817 ▲ 101% vs 2024 (€ 67,696,004) Favourable step	▲ 101%
Land & buildings	€ 25,856,524 Land & buildings 2022: € 25,856,524 First fiscal year in the series	€ 24,425,353 Land & buildings 2023: € 24,425,353 ▼ 6% vs 2022 (€ 25,856,524) Unchanged	€ 30,239,841 Land & buildings 2024: € 30,239,841 ▲ 24% vs 2023 (€ 24,425,353) Unchanged	€ 28,508,385 Land & buildings 2025: € 28,508,385 ▼ 6% vs 2024 (€ 30,239,841) Unchanged	▼ 6%
Retained profit	€ 59,568,956 Retained profit 2022: € 59,568,956 First fiscal year in the series	€ 59,722,892 Retained profit 2023: € 59,722,892 Unchanged (€ 59,568,956) Favourable step	€ 49,926,810 Retained profit 2024: € 49,926,810 ▼ 16% vs 2023 (€ 59,722,892) Unfavourable step	€ 8,065,313 Retained profit 2025: € 8,065,313 ▼ 84% vs 2024 (€ 49,926,810) Unfavourable step	▼ 84%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 2,924,769 Dividend 2023: € 2,924,769 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 2,924,769) Unchanged	€ 9,401,881 Dividend 2025: € 9,401,881 Unchanged (€ 0) Unchanged
Bank debt	€ 136,461,408 Bank debt 2022: € 136,461,408 First fiscal year in the series	€ 128,980,395 Bank debt 2023: € 128,980,395 ▼ 5% vs 2022 (€ 136,461,408) Favourable step	€ 121,499,381 Bank debt 2024: € 121,499,381 ▼ 6% vs 2023 (€ 128,980,395) Favourable step	€ 336,262,273 Bank debt 2025: € 336,262,273 ▲ 177% vs 2024 (€ 121,499,381) Unfavourable step	▲ 177%
Balance sheet total	€ 649,441,138 Balance sheet total 2022: € 649,441,138 First fiscal year in the series	€ 842,515,757 Balance sheet total 2023: € 842,515,757 ▲ 30% vs 2022 (€ 649,441,138) Unchanged	€ 727,087,728 Balance sheet total 2024: € 727,087,728 ▼ 14% vs 2023 (€ 842,515,757) Unchanged	€ 829,890,198 Balance sheet total 2025: € 829,890,198 ▲ 14% vs 2024 (€ 727,087,728) Unchanged	▲ 14%
Employees (FTE)	78.9 Employees (FTE) 2022: 78.9 First fiscal year in the series	71 Employees (FTE) 2023: 71 ▼ 7.9 vs 2022 (78.9) Unchanged	70.3 Employees (FTE) 2024: 70.3 ▼ 0.7 vs 2023 (71) Unchanged	73.4 Employees (FTE) 2025: 73.4 ▲ 3.1 vs 2024 (70.3) Unchanged	▲ 3.1

Key figures of BOORTMALT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to BOORTMALT?

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

Nov 10, 2025 New annual accounts for financial year 2025: loss of € 32.5 million. Source: NBB ↗
2025 J-F LOISEAU stepped down as director. NBB
2025 TENEMUS BV stepped down as director. NBB
2025 Jean-François LOISEAU stepped down as director. NBB
2025 BERNARD PONCELET BV stepped down as director. NBB
2024 BERNARD PONCELET BV became a director. NBB
2022 TENEMUS BV became a director. NBB
2019 J-F LOISEAU became a director. NBB

In short

From € 15.3 million loss in 2022 to € 32.5 million loss in 2025.

Paid € 8.7 million in corporate taxes since 2022.

Best year ever: 2023, with € 3.1 million profit.

Paid out € 12.3 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

COPAGEST 100%

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

BOORTMALT

ESCO AL.P.A.C. 100%

Boortmalt Australia 100%

Boortmalt USA 100%

Boortmalt India Holdings Pvt. Ltd. 100%

+13

The shares are held by COPAGEST (100%). It owns 100% of ESCO AL.P.A.C., 100% of Boortmalt Australia, 100% of Boortmalt USA, 100% of Boortmalt India Holdings Pvt. Ltd., 100% of Boortmalt Spain and 100% of Boortmalt Herent itself.

Directors

According to the 2025 annual accounts

J-F LOISEAU

Chairman of the board

since 2019 · until 2025

TENEMUS BV

Managing director · represented by YVAN SCHAEPMAN

since 2022 · until 2025

Jean-François LOISEAU

Director

since 2019 · until 2025

BERNARD PONCELET BV

Managing director

since 2024 · until 2025

Shareholders

COPAGEST

100%

Participations

ESCO AL.P.A.C.

100%

Boortmalt Australia

100%

Boortmalt USA

100%

Boortmalt India Holdings Pvt. Ltd.

100%

Boortmalt Spain

100%

Boortmalt Herent

100%

Boortmalt Magyarovszag Kft

100%

Boortmalt Netherlands BV

100%

Boortmalt Canada

100%

Boortmalt Germany

100%

Boortmalt Latin America

100%

Boormalt Ethiopia PLC

100%

Boortmalt international

100%

Belgomalt

100%

Malterie Franco Suisse

99.8%

Associated Terminal Operators

50%

Slavonija Slad

Establishments

Establishment units

Physical locations of this company

Registered office

Zandvoort 2

2030 Antwerpen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.

All companies at this address →

COPAGEST same network

BOORTMALT INTERNATIONAL same network

€ 213.2 million revenue · 2025

Boortmalt Group

ASSOCIATED TERMINAL OPERATORS same network

€ 21.3 million revenue · 2025

Brouwershuis Antwerpen vzw

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

Details

Company number: 0425.041.726
VAT number: BE 0425.041.726
Registered office: Zandvoort 2, 2030 Antwerpen
Names & denominations: BOORTMALT
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 21 December 1983
Peppol: Active · Active since 23 Jan 2026
Activities · NACE: Vervaardiging van mout

View on CBE Public ↗ Annual accounts (NBB) ↗

BOORTMALT

Warning lights

Financials

What happened to BOORTMALT?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions