Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
VESTEY FOODS BENELUX from Hoogstraten, company number BE0452634860, closed financial year 2025 with a result of € -237,962 after tax. For that financial year VESTEY FOODS BENELUX recorded a gross margin of € 7,227 and equity of € 315,528. Compared with financial year 2024, the result moved from € -143,153 to € -237,962. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 3, 2026.
€ 315,528
▼ 43% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -237,962
▼ 66 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,702
▼ 99% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 185,081.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 249,944
▲ 6% vs 2024
€ 249,900 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.
€ 36,268
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 284,009
▲ € 238,307 vs 2024
€ 12,256 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 215,050
▲ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 29,106
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 358,343 | € 252,711 | € 61,652 | € 7,227 | ▼ 88% |
| Profit after taxes | € 98,035 | € 11,176 | € -143,153 | € -237,962 | ▼ € 94,809 |
| Equity | € 817,467 | € 762,643 | € 553,490 | € 315,528 | ▼ 43% |
| Total debts | € 170,349 | € 339,846 | € 214,969 | € 531,352 | ▲ 147% |
| Cash | € 185,712 | € 69,531 | € 176,148 | € 1,702 | ▼ 99% |
| Retained profit | € 687,020 | € 632,196 | € 423,043 | € 185,081 | ▼ 56% |
| Dividend | € 66,000 | € 66,000 | € 66,000 | € 0 | ▼ 100% |
| Bank debt | € 0 | € 181,857 | € 45,702 | € 284,009 | ▲ € 238,307 |
| Balance sheet total | € 987,816 | € 1,102,489 | € 768,458 | € 846,879 | ▲ 10% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of VESTEY FOODS BENELUX, 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 VESTEY FOODS BENELUX?
What happened at VESTEY FOODS BENELUX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- George Vestey stepped down as director. NBB
- Neil Thornton stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 237,962. filed late Source: NBB ↗
- Colin Copland stepped down as director. NBB
- George Vestey became a director. NBB
- Colin Copland became a director. NBB
- Neil Thornton became a director. NBB
- New establishment in Hoogstraten. KBO
In short
From € 98,035 profit in 2022 to € 237,962 loss in 2025.
Paid € 45,128 in corporate taxes since 2022.
Best year ever: 2022, with € 98,035 profit.
On average € 7,200 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
George Vestey
Managing director
since 2022 · until 2028
Colin Copland
Director
since 2022 · until 2025
Neil Thornton
Director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Vrijheid 157a
2320 Hoogstraten
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0452.634.860
- VAT number
- BE 0452.634.860
- Registered office
- Vrijheid 157a, 2320 Hoogstraten
- Names & denominations
- VESTEY FOODS BENELUX
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 May 1994
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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