Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 21.2 to 1.
Financials
Financial year 2025
POPPIES BAKERIES ERTVELDE from Evergem, company number BE0465234665, closed financial year 2025 with a result of € -166,920 after tax. For that financial year POPPIES BAKERIES ERTVELDE recorded a gross margin of € 37,319 and equity of € 3.7 million. Compared with financial year 2024, the result moved from € 279,111 to € -166,920. 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 June 25, 2026.
€ 3.7 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -166,920
▼ still € 279,111 profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3.6 million.
People and assets in 2025
1
▼ 18.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 120,531
▼ 93% vs 2024
€ 120,500 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 8,660
▼ 97% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 152,280
▼ 90% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,002,831 | € 2,285,472 | € 2,680,837 | € 37,319 | ▼ 99% |
| Profit after taxes | € 175,039 | € 263,676 | € 279,111 | € -166,920 | ▼ € 446,032 |
| Equity | € 3,308,079 | € 3,571,755 | € 3,850,866 | € 3,683,946 | ▼ 4% |
| Total debts | € 2,126,472 | € 2,350,313 | € 1,757,413 | € 160,941 | ▼ 91% |
| Cash | € 2,246 | € 0 | - | - | |
| Land & buildings | € 1,226,655 | € 1,110,801 | € 997,781 | € 884,948 | ▼ 11% |
| Retained profit | € 3,246,079 | € 3,509,755 | € 3,788,866 | € 3,621,946 | ▼ 4% |
| Balance sheet total | € 5,434,551 | € 5,922,068 | € 5,683,279 | € 3,919,887 | ▼ 31% |
| Employees (FTE) | 20.8 | 21.2 | 19.4 | 1 | ▼ 18.4 |
Key figures of POPPIES BAKERIES ERTVELDE, 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 POPPIES BAKERIES ERTVELDE?
What happened at POPPIES BAKERIES ERTVELDE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Frans Castelein stepped down as director. NBB
- Antony Popelier stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 166,921 (▼ € 446,032 vs 2024). Source: NBB ↗
- Patrick Reekmans Consulting BV stepped down as director. NBB
- Frans Castelein became a director. NBB
- Antony Popelier became a director. NBB
- Patrick Reekmans Consulting BV became a director. NBB
- New establishment in Evergem. KBO
In short
From € 175,039 profit in 2022 to € 166,921 loss in 2025.
Paid € 270,825 in corporate taxes since 2022.
Best year ever: 2024, with € 279,111 profit.
On average € 37,300 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Frans Castelein
Director
Also active at: DE REZE BISCUIT-CHOCOLATE, POPPIES BAKERIES ZONNEBEKE, POPPIES BAKERIES, ECO BISCUITS, POPPIES BAKERIES COMINES, National International Trading Company, POLCAF, PLANCKAERT - COPPENS +11 more
since 2021 · until 2027
Antony Popelier
Managing director
Also active at: Westlandia VZW, MILCAMPS, DE REZE BISCUIT-CHOCOLATE, POPPIES BAKERIES ZONNEBEKE, POPPIES BAKERIES, POPPIES BAKERIES COMINES, National International Trading Company, POLCAF +11 more
since 2021 · until 2027
Patrick Reekmans Consulting BV
Director · represented by Patrick Reekmans
Also active at: POPPIES BAKERIES ZONNEBEKE, POPPIES BAKERIES, DEPRO PROFILES, POPPIES BAKERIES COMINES, POLCAF, HUGO WAFELS-GAUFRES HUGO, POPPIES BAKERIES D'HAUBRY, POPPIES BAKERIES SUPPLY +2 more
since 2021 · until 2026
Establishments
Establishment units
Physical locations of this company
Stoepestraat 41
9940 Evergem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0465.234.665
- VAT number
- BE 0465.234.665
- Registered office
- Stoepestraat 41, 9940 Evergem
- Names & denominations
- POPPIES BAKERIES ERTVELDE · PB ERTVELDE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 January 1999
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- [email protected] 057460200
- Activities · NACE
Niet-gespecialiseerde groothandel in diepgevroren voedingsmiddelen
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