Financials
Financial year 2025
POPPIES BAKERIES from Zonnebeke, company number BE0435991442, closed financial year 2025 with a result of € -6.6 million after tax. For that financial year POPPIES BAKERIES recorded revenue of € 233.5 million and equity of € 10.3 million. Compared with financial year 2024, the result moved from € 3.8 million to € -6.6 million. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.
€ 10.3 million
▼ 39% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6.6 million
▼ still € 3.8 million profit in 2024
Profit after tax over the fiscal year.
€ 17,897
▲ 55% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 9.1 million.
People and assets in 2025
34.9
▼ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.7 million
▲ 1% vs 2024
€ 106,800 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.
€ 1,995
▼ 49% 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.
€ 26.4 million
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 41 days on average.
€ 550,588
▼ 6% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 203,863,829 | € 218,406,147 | € 223,820,350 | € 233,482,972 | ▲ 4% |
| Profit after taxes | € -3,486,940 | € 1,181,464 | € 3,754,558 | € -6,580,435 | ▼ € 10.3 million |
| Equity | € 13,483,904 | € 14,665,368 | € 16,919,927 | € 10,339,492 | ▼ 39% |
| Total debts | € 33,678,746 | € 47,946,024 | € 37,677,614 | € 37,435,745 | ▼ 1% |
| Cash | € 53,681 | € 275,334 | € 11,563 | € 17,897 | ▲ 55% |
| Land & buildings | € 516,397 | € 468,576 | € 426,417 | € 609,346 | ▲ 43% |
| Retained profit | € 12,233,904 | € 13,415,368 | € 15,669,927 | € 9,089,492 | ▼ 42% |
| Dividend | € 0 | € 0 | € 1,500,000 | € 0 | ▼ 100% |
| Balance sheet total | € 47,417,570 | € 62,813,812 | € 54,747,460 | € 47,872,657 | ▼ 13% |
| Employees (FTE) | 38.9 | 37.8 | 36.3 | 34.9 | ▼ 1.4 |
Key figures of POPPIES BAKERIES, 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?
What happened at POPPIES BAKERIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Frans Castelein stepped down as director. NBB
- Antony Popelier stepped down as director. NBB
- Brecht Castelein stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 6.6 million (▼ € 10.3 million 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
- Brecht Castelein became a director. NBB
In short
From € 3.5 million loss in 2022 to € 6.6 million loss in 2025.
Paid € 1.5 million in corporate taxes since 2022.
Best year ever: 2024, with € 3.8 million profit.
Paid out € 1.5 million in dividends to the owners in total.
A new publication or filing at POPPIES BAKERIES? We notify you, reason included.
Follow POPPIES BAKERIESDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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 POLCAF comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
POPPIES BAKERIESThe shares are held by POLCAF (100%). It owns 100% of Poppies Bakeries Deutschland Gmbh and 100% of Pioneering Foods Group Limited itself.
Directors
According to the 2025 annual accounts
Frans Castelein
Director
Also active at: Koekjesfabriek Bekaert, DE REZE BISCUIT-CHOCOLATE, POPPIES BAKERIES ZONNEBEKE, ECO BISCUITS, POPPIES BAKERIES COMINES, National International Trading Company, POPPIES BAKERIES ERTVELDE, POLCAF +12 more
since 2021 · until 2027
Antony Popelier
Managing director
Also active at: Westlandia VZW, Koekjesfabriek Bekaert, MILCAMPS, DE REZE BISCUIT-CHOCOLATE, POPPIES BAKERIES ZONNEBEKE, POPPIES BAKERIES COMINES, National International Trading Company, POPPIES BAKERIES ERTVELDE +12 more
since 2021 · until 2027
Brecht Castelein
Director
since 2021 · until 2027
Patrick Reekmans Consulting BV
Director · represented by Patrick Reekmans
Also active at: POPPIES BAKERIES ZONNEBEKE, 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
Poppies Bakeries Deutschland Gmbh
100%
Pioneering Foods Group Limited
100%
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
- 0435.991.442
- VAT number
- BE 0435.991.442
- Registered office
- Kasteelstraat 29, 8980 Zonnebeke
- Names & denominations
- POPPIES BAKERIES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 November 1988
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- [email protected] +32 57460200
- Activities · NACE
Vervaardiging van beschuit, biscuit en houdbaar banketbakkerswerk
Vervaardiging van beschuit en koekjes en ander houdbaar banketbakkerswerk