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.
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Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Lantmännen Unibake Mouscron from Mouscron, company number BE0461118402, closed financial year 2025 with a result of € -183,100 after tax. For that financial year Lantmännen Unibake Mouscron recorded revenue of € 103.7 million and equity of € 24.4 million. Compared with financial year 2024, the result moved from € -620,978 to € -183,100. 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 July 7, 2026.
€ 24.4 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -183,100
▲ 71 % less loss than in 2024
Profit after tax over the fiscal year.
€ 0
▼ € 35,503 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 19.9 million.
People and assets in 2025
168.8
▼ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 12.3 million
▲ 4% vs 2024
€ 73,000 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.
€ 225,303
▲ € 183,999 vs 2024
Of which on lease € 181,864.
Debts at end 2025
€ 42.2 million
€ 42 million is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 16.3 million
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 68 days on average.
€ 1.2 million
▲ 25% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 82,630,353 | € 93,269,333 | € 88,907,557 | € 103,669,886 | ▲ 17% |
| Profit after taxes | € -9,572,045 | € 8,421,634 | € -620,978 | € -183,100 | ▲ € 437,878 |
| Equity | € 16,775,790 | € 25,184,965 | € 24,563,987 | € 24,380,887 | ▼ 1% |
| Total debts | € 59,703,299 | € 57,255,707 | € 57,527,066 | € 60,998,726 | ▲ 6% |
| Cash | € 770,671 | € 5,419 | € 35,503 | € 0 | ▼ € 35,503 |
| Land & buildings | € 1,518,076 | € 1,497,001 | € 1,640,900 | € 0 | ▼ € 1.6 million |
| Retained profit | € 12,301,247 | € 20,722,881 | € 20,101,903 | € 19,918,803 | ▼ 1% |
| Bank debt | € 42,039,069 | € 42,026,366 | € 42,012,972 | € 42,156,383 | |
| Balance sheet total | € 76,482,233 | € 82,440,671 | € 82,091,053 | € 85,379,613 | ▲ 4% |
| Employees (FTE) | 169.9 | 169.3 | 170 | 168.8 | ▼ 1.2 |
Key figures of Lantmännen Unibake Mouscron, 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 Lantmännen Unibake Mouscron?
What happened at Lantmännen Unibake Mouscron in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Tim Robinson stepped down as director. NBB
- Mieke Vandecasteele stepped down as director. NBB
- Simon Husted stepped down as director. NBB
- Patrick Wauters stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 183,100. Source: NBB ↗
- Tim Robinson became a director. NBB
- Mieke Vandecasteele became a director. NBB
- Simon Husted became a director. NBB
In short
From € 9.6 million loss in 2022 to € 183,100 loss in 2025.
Paid € 857,389 in corporate taxes since 2022.
Best year ever: 2023, with € 8.4 million profit.
Pays suppliers within 68 days on average.
Management
The shares are held by Lantmännen Unibake Benelux (100%). It owns 100% of LANTMÄNNEN UNIBAKE BRUSSEL and 100% of LANTMÄNNEN UNIBAKE LONDERZEEL itself.
Directors
According to the 2025 annual accounts
Tim Robinson
Director
Also active at: LANTMANNEN UNIBAKE BRUSSELS, LANTMANNEN UNIBAKE LONDERZEEL, Lantmännen Unibake Benelux, PASTRIMMO
since 2023 · until 2029
Mieke Vandecasteele
Director
Also active at: LANTMANNEN UNIBAKE BRUSSELS, LANTMANNEN UNIBAKE LONDERZEEL, Lantmännen Unibake Benelux, PASTRIMMO, Flanders’ FOOD
since 2023 · until 2029
Simon Husted
Director
Also active at: LANTMANNEN UNIBAKE BRUSSELS, LANTMANNEN UNIBAKE LONDERZEEL, Lantmännen Unibake Benelux, PASTRIMMO
since 2023 · until 2029
Patrick Wauters
Managing director
Also active at: LANTMANNEN UNIBAKE BRUSSELS, LANTMANNEN UNIBAKE LONDERZEEL, Lantmännen Unibake Benelux
since 2023 · until 2029
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Metropoollaan(L) 7
7700 Mouscron
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0461.118.402
- VAT number
- BE 0461.118.402
- Registered office
- Metropoollaan(L) 7, 7700 Mouscron
- Names & denominations
- Lantmännen Unibake Mouscron
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 July 1997
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Industriële vervaardiging van brood en van vers banketbakkerswerk
Industriële bakkerijen