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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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
GB Foods Belgium from Puurs-Sint-Amands, company number BE0458358850, closed financial year 2023 with a result of € 18.6 million after tax. For that financial year GB Foods Belgium recorded revenue of € 432.8 million and equity of € 281.5 million. Compared with financial year 2022, the result moved from € 25.7 million to € 18.6 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 June 17, 2024.
€ 281.5 million
▲ 7% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18.6 million
▼ 28% vs 2022
Profit after tax over the fiscal year.
€ 283,136
▼ 91% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € 79.9 million.
People and assets in 2023
313.9
▼ 31.1 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 29.9 million
▲ 1% vs 2022
€ 95,100 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.
€ 109,420
▼ 29% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 104.9 million
▼ 20% vs 2022
Loans from banks and other lenders, long and short.
€ 50.7 million
▼ 37% vs 2022
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 46 days on average.
€ 5.9 million
▼ 30% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Revenue | € 331,873,977 | € 417,020,361 | € 432,795,780 | ▲ 4% |
| Profit after taxes | € 32,467,282 | € 25,700,486 | € 18,563,397 | ▼ 28% |
| Equity | € 237,253,844 | € 262,954,329 | € 281,517,725 | ▲ 7% |
| Total debts | € 182,019,906 | € 233,195,102 | € 192,165,989 | ▼ 18% |
| Cash | € 1,825,199 | € 3,293,005 | € 283,136 | ▼ 91% |
| Land & buildings | € 1,777,840 | € 1,993,420 | € 1,775,220 | ▼ 11% |
| Retained profit | € 35,615,086 | € 61,315,572 | € 79,878,968 | ▲ 30% |
| Bank debt | € 121,397,990 | € 131,252,129 | € 104,912,548 | ▼ 20% |
| Balance sheet total | € 423,472,850 | € 497,459,293 | € 474,303,324 | ▼ 5% |
| Employees (FTE) | 323.9 | 345 | 313.9 | ▼ 31.1 |
Key figures of GB Foods Belgium, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to GB Foods Belgium?
What happened at GB Foods Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Josep Maria Vila stepped down as director. NBB
- Jorrit Van Lubek stepped down as director. NBB
- Eduardo Mesegué Bonet stepped down as director. NBB
- Ignasi Ricou Fustagueras stepped down as director. NBB
- New annual accounts for financial year 2023: profit of € 18.6 million (▼ 28% vs 2022). Source: NBB ↗
- Jorrit Van Lubek became a director. NBB
- Xavier Garcia Bosch stepped down as director. NBB
- Josep Maria Vila became a director. NBB
In short
From € 32.5 million profit in 2021 to € 18.6 million profit in 2023.
Paid € 7.9 million in corporate taxes since 2021.
Best year ever: 2021, with € 32.5 million profit.
Pays suppliers within 46 days on average.
Management
The shares are held by Continental Foods Europe (100%), Jan Moskala, Lucien Huyge, Vincent Gets, Micheline Osterwind and Manuella Moskala. It owns 100% of GB Foods Deutschland GmbH, 100% of B.C.S., 100% of GB Foods France SAS, 100% of GB Foods Suomi OY and 100% of Europe Foods Sverige AB itself.
Directors
According to the 2023 annual accounts
since 2023 · until 2025
Eduardo Mesegué Bonet
Director
since 2019 · until 2025
since 2019 · until 2025
Xavier Garcia Bosch
Director
since 2019 · until 2023
Josep Maria Vila
Director
since 2020 · until 2026
Shareholders
Jan Moskala
Lucien Huyge
Vincent Gets
Micheline Osterwind
Manuella Moskala
Annick Vernimmen
Participations
100%
GB Foods France SAS
100%
GB Foods Suomi OY
100%
Europe Foods Sverige AB
100%
Establishments
Establishment units
Physical locations of this company
Rijksweg 16
2870 Puurs-Sint-Amands
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0458.358.850
- VAT number
- BE 0458.358.850
- Registered office
- Rijksweg 16, 2870 Puurs-Sint-Amands
- Names & denominations
- GB Foods Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 August 1996
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vervaardiging van specerijen, sausen en kruiderijen
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Niet-gespecialiseerde groothandel in niet-diepgevroren voedingsmiddelen, dranken en genotmiddelen
Overige niet-gespecialiseerde groothandel in voedings- en genotmiddelen