Active · per the CBE, 30 October 2026

GOLDEN CUP

BE0437020137

Rechtspersoon Public limited company 6 establishments

GOLDEN CUP is a bakery shop in Nivelles. Public Limited, started on 22 March 1989, 6 establishments.

Rue de l'Industrie 14, 1400 Nivelles

Active for

37 year, 7 months

Financials

Financial year 2025

GOLDEN CUP from Nivelles, company number BE0437020137, closed financial year 2025 with a result of € 362,513 after tax. For that financial year GOLDEN CUP recorded a gross margin of € 1.1 million and equity of € 443,919. Compared with financial year 2024, the result moved from € 473,839 to € 362,513. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 6, 2026.

What it is worth Growing

€ 443,919

▲ 1% vs 2024

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

Profit Healthy

€ 362,513

▼ 23% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 473,034

▼ 30% vs 2024

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

Where the profit goes Pays out

€ 360,000 paid out

99 % of the profit went to the shareholders, mostly to LURA & Co. (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

8.9

▲ 0.6 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 489,208

▲ 30% vs 2024

€ 55,000 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

€ 37,825

▲ 5% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go

€ 299,242

▼ 28% vs 2024

€ 124,100 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 73,596

▼ 64% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 147,258

▼ 8% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 344,968 € 1,167,477 € 1,137,149 € 1,128,987 ▼ 1%
Profit after taxes € 13,909 € 593,331 € 473,839 € 362,513 ▼ 23%
Equity € 344,235 € 437,566 € 441,405 € 443,919 ▲ 1%
Total debts € 759,771 € 1,094,355 € 1,290,912 € 956,909 ▼ 26%
Cash € 232,145 € 598,680 € 671,641 € 473,034 ▼ 30%
Land & buildings € 19,523 - € 13,650 € 8,364 ▼ 39%
Retained profit € 282,235 € 375,566 € 379,405 € 381,919 ▲ 1%
Dividend € 0 € 500,000 € 470,000 € 360,000 ▼ 23%
Bank debt € 173,327 € 199,128 € 418,048 € 299,242 ▼ 28%
Balance sheet total € 1,104,006 € 1,531,921 € 1,732,317 € 1,400,828 ▼ 19%
Employees (FTE) 5.8 6.4 8.3 8.9 ▲ 0.6

Key figures of GOLDEN CUP, 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 GOLDEN CUP?

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

  • LURA & CO SRL stepped down as director. NBB
  • Serge DENGIS stepped down as director. NBB
  • New annual accounts for financial year 2025: profit of € 362,513 (▼ 23% vs 2024). filed late Source: NBB ↗
  • New establishment in Oudergem. KBO
  • New establishment in Beersel. KBO
  • New establishment in Hoeilaart. KBO
  • New establishment in Tervuren. KBO
  • LURA & CO SRL became a director. NBB

In short

From € 13,909 profit in 2022 to € 362,513 profit in 2025.

Paid € 532,676 in corporate taxes since 2022.

Best year ever: 2023, with € 593,331 profit.

On average € 126,900 of value added per employee in 2025.

Management

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

GOLDEN CUP

The shares are held by LURA & Co. (100%).

Directors

According to the 2025 annual accounts

LURA & CO SRL

Director · represented by Véronique HERFS

since 2022 · until 2027

Serge DENGIS

Director

Also active at: R&L Partners, LURA & Co., S&V

since 2022 · until 2027

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de l'Industrie 14

1400 Nivelles

2.177.920.412

Rue des Ateliers 32

1332 Rixensart

Active since 1 July 2008

2.347.464.138

Leuvensesteenweg 3A

3080 Tervuren

Active since 15 June 2023

2.355.232.551

Gemeenteplein 24

1560 Hoeilaart

Active since 8 January 2024

2.362.474.392

Winderickxplein 19

1652 Beersel

Active since 25 July 2024

2.382.289.415

Triomflaan 209

1160 Oudergem

Active since 1 October 2025

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

Details

Company number
0437.020.137
VAT number
BE 0437.020.137
Registered office
Rue de l'Industrie 14, 1400 Nivelles
Names & denominations
GOLDEN CUP
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
22 March 1989
Peppol
Active · Active since 25 Apr 2024
Activities · NACE

Detailhandel in brood en banketbakkerswerk (koude bakkers)

Detailhandel in brood-, banketbakkerswerk en suikerwerk

Groothandel in suiker, chocolade en suikerwerk

Frequently asked questions

What does GOLDEN CUP do?
GOLDEN CUP is a bakery shop in Nivelles. Public Limited, started on 22 March 1989, 6 establishments.
What is the address of GOLDEN CUP?
The registered office of GOLDEN CUP is located at Rue de l'Industrie 14, 1400 Nivelles.
Is GOLDEN CUP still active?
Yes. According to the CBE (30 October 2026) GOLDEN CUP is active, legal situation “Normale toestand”, started on 22 March 1989.
Is GOLDEN CUP registered on Peppol?
Yes, GOLDEN CUP is registered on the Peppol network with ID 0208:0437020137.
What is the enterprise number of GOLDEN CUP?
The enterprise number of GOLDEN CUP is BE0437020137.
When was GOLDEN CUP founded?
GOLDEN CUP was founded on 22 March 1989.