Financials
Financial year 2025
TASTE DEVELOPMENT from Seneffe, company number BE0463780655, closed financial year 2025 with a result of € 920,284 after tax. For that financial year TASTE DEVELOPMENT recorded a gross margin of € 2.4 million and equity of € 2.9 million. Compared with financial year 2024, the result moved from € 793,351 to € 920,284. Profitable, and profit is growing. 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 May 26, 2026.
€ 2.9 million
▲ 47% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 920,284
▲ 16% vs 2024
Profit after tax over the fiscal year.
€ 1.8 million
▲ 18% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.3 million.
People and assets in 2025
12.6
Average over the fiscal year, from the social balance sheet.
€ 984,237
▲ 12% vs 2024
€ 78,100 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.
€ 89,133
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 175,582
▼ 8% vs 2024
€ 145,895 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 262,943
▲ 123% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 288,539
▲ 65% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,146,547 | € 1,937,378 | € 2,140,172 | € 2,354,793 | ▲ 10% |
| Profit after taxes | € 938,518 | € 690,760 | € 793,351 | € 920,284 | ▲ 16% |
| Equity | € 1,834,926 | € 2,027,666 | € 1,960,196 | € 2,872,459 | ▲ 47% |
| Total debts | € 1,344,254 | € 942,094 | € 1,398,814 | € 727,064 | ▼ 48% |
| Cash | € 910,662 | € 991,674 | € 1,536,073 | € 1,806,398 | ▲ 18% |
| Land & buildings | € 906,180 | € 844,505 | € 758,971 | € 673,447 | ▼ 11% |
| Retained profit | € 1,200,399 | € 1,401,159 | € 1,341,711 | € 2,261,995 | ▲ 69% |
| Dividend | € 700,000 | € 490,000 | € 852,800 | € 0 | ▼ 100% |
| Bank debt | € 372,605 | € 280,318 | € 190,335 | € 175,582 | ▼ 8% |
| Balance sheet total | € 3,179,180 | € 2,969,760 | € 3,359,010 | € 3,599,523 | ▲ 7% |
| Employees (FTE) | 11.3 | 10.8 | 12.6 | 12.6 |
Key figures of TASTE DEVELOPMENT, 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 TASTE DEVELOPMENT?
What happened at TASTE DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Thierry Waeyenbergh stepped down as director. NBB
- Hans Udo Wenzel stepped down as director. NBB
- Luigi Del Monaco stepped down as director. NBB
- Jérémy HOLLOWAY stepped down as director. NBB
- Sandrine BRAET stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 920,284 (▲ 16% vs 2024). Source: NBB ↗
- Arnaud Paul DE BEUKELAER stepped down as director. NBB
- Thierry Waeyenbergh became a director. NBB
In short
From € 938,518 profit in 2022 to € 920,284 profit in 2025.
Paid € 1.2 million in corporate taxes since 2022.
Best year ever: 2022, with € 938,518 profit.
On average € 186,900 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Jérémy HOLLOWAY
Director
since 2017 · until 2029
Arnaud Paul DE BEUKELAER
Director
since 2017 · until 2025
Thierry Waeyenbergh
Managing director
since 2025 · until 2031
Hans Udo Wenzel
Director
since 2025 · until 2031
An LEDEGANCK
Director
since 2017 · until 2025
Luigi Del Monaco
Director
since 2025 · until 2031
Valérie CRUYPLANTS
Vice-chairman of the board
since 2017 · until 2025
Sandrine BRAET
Director
since 2019 · until 2029
Establishments
Establishment units
Physical locations of this company
Parc Industriel Paysager de Tyberchamps 25
7180 Seneffe
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0463.780.655
- VAT number
- BE 0463.780.655
- Registered office
- Parc Industriel Paysager de Tyberchamps 25, 7180 Seneffe
- Names & denominations
- TASTE DEVELOPMENT · TASTE · FLAVENCE - TASTE FLAVOUR CREATORS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 July 1998
- Peppol
- Active · Active since 3 Oct 2025
- Activities · NACE
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