Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 187.8 to 162.2.
Financials
Financial year 2025
POPPIES BAKERIES ZONNEBEKE from Zonnebeke, company number BE0430815602, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year POPPIES BAKERIES ZONNEBEKE recorded revenue of € 54.9 million and equity of € 3.7 million. Compared with financial year 2024, the result moved from € 1.1 million to € 1.1 million. Profitable, and profit is growing. The buffer shrank hard: equity is 74 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.
€ 3.7 million
▼ 74% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▲ 8% vs 2024
Profit after tax over the fiscal year.
€ 11.8 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
162.2
▼ 6.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 10 million
€ 61,900 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.
€ 36,441
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4.4 million
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 37 days on average.
€ 1.7 million
▲ 33% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 55,592,471 | € 59,353,297 | € 51,193,493 | € 54,911,486 | ▲ 7% |
| Profit after taxes | € 1,016,126 | € 1,486,890 | € 1,064,569 | € 1,144,977 | ▲ 8% |
| Equity | € 11,796,383 | € 13,283,273 | € 14,347,842 | € 3,742,819 | ▼ 74% |
| Total debts | € 5,755,347 | € 16,205,889 | € 5,545,910 | € 8,870,727 | ▲ 60% |
| Cash | € 234 | € 0 | - | - | |
| Retained profit | € 11,776,552 | € 13,263,442 | € 14,328,010 | € 3,722,987 | ▼ 74% |
| Dividend | € 0 | € 0 | € 0 | € 11,750,000 | |
| Balance sheet total | € 17,551,730 | € 29,489,162 | € 19,893,751 | € 12,613,546 | ▼ 37% |
| Employees (FTE) | 172.5 | 187.8 | 168.3 | 162.2 | ▼ 6.1 |
Key figures of POPPIES BAKERIES ZONNEBEKE, 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 POPPIES BAKERIES ZONNEBEKE?
What happened at POPPIES BAKERIES ZONNEBEKE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.1 million (▲ 8% vs 2024). Source: NBB ↗
- Patrick Reekmans Consulting BV stepped down as director. NBB
- Frans Castelein became a director. NBB
- Antony Popelier became a director. NBB
- Patrick Reekmans Consulting BV became a director. NBB
- New establishment in Zonnebeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 1 million profit in 2022 to € 1.1 million profit in 2025.
Paid € 1.8 million in corporate taxes since 2022.
Best year ever: 2023, with € 1.5 million profit.
Paid out € 11.8 million in dividends to the owners in total.
Management
The stake of POLCAF comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
POPPIES BAKERIES ZONNEBEKEBehind POPPIES BAKERIES ZONNEBEKE are Frans Castelein and Antony Popelier. The shares are held by POLCAF (100%).
Directors
According to the 2025 annual accounts
Frans Castelein
Managing director
Also active at: DE REZE BISCUIT-CHOCOLATE, POPPIES BAKERIES, ECO BISCUITS, POPPIES BAKERIES COMINES, National International Trading Company, POPPIES BAKERIES ERTVELDE, POLCAF, PLANCKAERT - COPPENS +11 more
since 2021
Antony Popelier
Director
Also active at: Westlandia VZW, MILCAMPS, DE REZE BISCUIT-CHOCOLATE, POPPIES BAKERIES, POPPIES BAKERIES COMINES, National International Trading Company, POPPIES BAKERIES ERTVELDE, POLCAF +11 more
since 2021
Patrick Reekmans Consulting BV
Director · represented by Patrick Reekmans
Also active at: POPPIES BAKERIES, DEPRO PROFILES, POPPIES BAKERIES COMINES, POPPIES BAKERIES ERTVELDE, POLCAF, HUGO WAFELS-GAUFRES HUGO, POPPIES BAKERIES D'HAUBRY, POPPIES BAKERIES SUPPLY +2 more
since 2021 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kasteelstraat 29
8980 Zonnebeke
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
- 0430.815.602
- VAT number
- BE 0430.815.602
- Registered office
- Kasteelstraat 29, 8980 Zonnebeke
- Names & denominations
- POPPIES BAKERIES ZONNEBEKE · PB ZONNEBEKE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 March 1987
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- [email protected] +32 57460200
- Activities · NACE
Vervaardiging van beschuit, biscuit en houdbaar banketbakkerswerk