Financials
Financial year 2024
CLAREBOUT POTATOES from Heuvelland, company number BE0432637717, closed financial year 2024 with a result of € 180.7 million after tax. For that financial year CLAREBOUT POTATOES recorded revenue of € 1.8 billion and equity of € 548.7 million. Compared with financial year 2023, the result moved from € 296.9 million to € 180.7 million. The company is profitable. 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 January 15, 2026.
€ 548.7 million
▲ 49% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 180.7 million
▼ 39% vs 2023
Profit after tax over the fiscal year.
€ 12.6 million
▲ 109% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 547.5 million.
People and assets in 2024
711.6
▲ 87.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 52.7 million
▲ 16% vs 2023
€ 74,100 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.
€ 50.1 million
▼ 11% vs 2023
Of which on lease € 11.3 million.
Debts at end 2024
€ 269.3 million
▲ 71% vs 2023
€ 68 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 144.2 million
▼ 9% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 33 days on average.
€ 18.4 million
▼ 48% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 679,112,089 | € 1,097,981,948 | € 1,605,582,987 | € 1,802,224,167 | ▲ 12% |
| Profit after taxes | € -3,852,338 | € 122,419,199 | € 296,908,405 | € 180,689,933 | ▼ 39% |
| Equity | € 154,964,473 | € 277,270,393 | € 368,056,060 | € 548,679,636 | ▲ 49% |
| Total debts | € 169,610,557 | € 249,043,892 | € 351,969,002 | € 437,870,474 | ▲ 24% |
| Cash | € 10,191,022 | € 78,102,738 | € 6,043,195 | € 12,634,545 | ▲ 109% |
| Land & buildings | € 17,773,518 | € 16,766,501 | € 15,680,616 | € 14,452,316 | ▼ 8% |
| Retained profit | € 153,469,099 | € 275,888,298 | € 366,796,703 | € 547,486,637 | ▲ 49% |
| Dividend | € 0 | € 0 | € 206,000,000 | € 0 | ▼ 100% |
| Bank debt | € 96,350,061 | € 122,671,756 | € 157,205,425 | € 269,267,821 | ▲ 71% |
| Balance sheet total | € 327,139,698 | € 527,799,298 | € 720,430,420 | € 986,550,110 | ▲ 37% |
| Employees (FTE) | 607.7 | 611.1 | 624.4 | 711.6 | ▲ 87.2 |
Key figures of CLAREBOUT POTATOES, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to CLAREBOUT POTATOES?
What happened at CLAREBOUT POTATOES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- CLAREBOUT NV stepped down as director. NBB
- Gert Masselus stepped down as director. NBB
- Yves Capoen stepped down as director. NBB
- New annual accounts for financial year 2023: profit of € 296.9 million (▲ 143% vs 2022). filed late Source: NBB ↗
- New establishment in Mouscron. KBO
- CLAREBOUT NV became a director. NBB
- Gert Masselus became a director. NBB
- Yves Capoen became a director. NBB
In short
From € 3.9 million loss in 2021 to € 180.7 million profit in 2024.
Paid € 205.8 million in corporate taxes since 2021.
Best year ever: 2023, with € 296.9 million profit.
Paid out € 206 million in dividends to the owners in total.
Management
The stake of CLAREBOUT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CLAREBOUT POTATOESThe shares are held by CLAREBOUT (100%).
Directors
According to the 2024 annual accounts
Managing director · represented by Jan Clarebout
Also active at: DEWULF, IMMO DOUVE, FLANDERS FIELD BUSINESS PARK, BOEVERIE, CANAR DEVELOPMENT, Dewulf Invest, Well One, ACCENT OFFICES +1 more
since 2023 · until 2030
Gert Masselus
Director
since 2023 · until 2030
since 2023 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Heirweg(Nieuwk) 26
8950 Heuvelland
Langemarkweg(KOM) 2
7780 Comines-Warneton
Active since 1 July 2016
Piro-Lannoystraat 30
7700 Mouscron
Active since 1 January 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →CLAREBOUT same network
€ 794.6 million revenue · 2024
BRUNO MYLLE
€ -8,284 gross margin · 2024
C.M.
€ -10,864 gross margin · 2024
B.C. MYLLE
€ 803,793 revenue · 2024
CLF trans
€ 16.7 million revenue · 2024
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0432.637.717
- VAT number
- BE 0432.637.717
- Registered office
- Heirweg(Nieuwk) 26, 8950 Heuvelland
- Names & denominations
- Simplot · CLAREBOUT POTATOES · Clarebout
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 December 1987
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Productie van diepgevroren aardappelbereidingen
Groothandel in groenten en fruit
Groothandel in consumptieaardappelen
Verwerking en conservering van aardappelen, exclusief productie van diepgevroren aardappelbereidingen