What does BELGABROED do?

BELGABROED is a farm in Merksplas. Public Limited, started on 22 December 2000, 4 establishments.

What is the address of BELGABROED?

The registered office of BELGABROED is located at Steenweg op Hoogstraten 141, 2330 Merksplas.

Is BELGABROED still active?

Yes. According to the CBE (29 October 2026) BELGABROED is active, legal situation “Normale toestand”, started on 22 December 2000.

Is BELGABROED registered on Peppol?

Yes, BELGABROED is registered on the Peppol network with ID 0208:0473704349.

What is the enterprise number of BELGABROED?

The enterprise number of BELGABROED is BE0473704349.

When was BELGABROED founded?

BELGABROED was founded on 22 December 2000.

Who are the directors of BELGABROED?

According to the 2025 annual accounts, the directors of BELGABROED are: Yellow Bird BV, Jan Destrooper, Carl Destrooper, JEMIMO BV.

Is BELGABROED a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 22 December 2000; 4 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account; 4 establishments in the CBE.

How much profit did BELGABROED make in 2025?

BELGABROED posted a profit after taxes of € 8,549,219 in financial year 2025.

What is the revenue of BELGABROED?

In its most recent annual accounts (2025), BELGABROED reported revenue of € 114,899,224.

How much does an employee at BELGABROED earn?

The average wage cost per full-time employee at BELGABROED was € 67,600 in 2025: staff costs of € 2.8 million for 41.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does BELGABROED have?

According to the 2025 annual accounts, BELGABROED has 41.1 full-time equivalents (FTE).

BELGABROED (Public Limited) - Merksplas - BE0473704349

Dossier BELGABROED, printed on 29 October 2026 from databakkes.be/en/0473704349/belgabroed. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 50 to 41.1.
Figures corrected NBB

Corrected annual account filed for 2025.

Financials

Financial year 2025

BELGABROED from Merksplas, company number BE0473704349, closed financial year 2025 with a result of € 8.5 million after tax. For that financial year BELGABROED recorded revenue of € 114.9 million and equity of € 28.4 million. Compared with financial year 2024, the result moved from € 8.2 million to € 8.5 million. 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 October 20, 2026.

What it is worth Growing

€ 28.4 million

▲ 43% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 8.5 million

▲ 4% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 708,337

▲ 140% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 25.4 million.

People and assets in 2025

Full-time equivalents

41.1

▼ 5.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 11.9 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 2.8 million

▼ 9% vs 2024

€ 67,600 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.

Vehicles and equipment

€ 553,620

▲ 66% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.8 million

▲ 103% vs 2024

€ 395,376 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 7.2 million

▼ 48% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 25 days on average.

Taxes and wages

€ 465,230

▼ 42% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2024	2025	Change 2024 → 2025
Revenue	€ 97,924,367 Revenue 2021: € 97,924,367 First fiscal year in the series	€ 102,222,976 Revenue 2022: € 102,222,976 ▲ 4% vs 2021 (€ 97,924,367) Favourable step	€ 107,636,379 Revenue 2024: € 107,636,379 ▲ 5% vs 2022 (€ 102,222,976) Favourable step	€ 114,899,224 Revenue 2025: € 114,899,224 ▲ 7% vs 2024 (€ 107,636,379) Favourable step	▲ 7%
Profit after taxes	€ 872,572 Profit after taxes 2021: € 872,572 First fiscal year in the series	€ 2,111,260 Profit after taxes 2022: € 2,111,260 ▲ 142% vs 2021 (€ 872,572) Favourable step	€ 8,221,105 Profit after taxes 2024: € 8,221,105 ▲ 289% vs 2022 (€ 2,111,260) Favourable step	€ 8,549,219 Profit after taxes 2025: € 8,549,219 ▲ 4% vs 2024 (€ 8,221,105) Favourable step	▲ 4%
Equity	€ 21,005,648 Equity 2021: € 21,005,648 First fiscal year in the series	€ 23,116,908 Equity 2022: € 23,116,908 ▲ 10% vs 2021 (€ 21,005,648) Favourable step	€ 19,848,407 Equity 2024: € 19,848,407 ▼ 14% vs 2022 (€ 23,116,908) Unfavourable step	€ 28,397,626 Equity 2025: € 28,397,626 ▲ 43% vs 2024 (€ 19,848,407) Favourable step	▲ 43%
Total debts	€ 25,359,529 Total debts 2021: € 25,359,529 First fiscal year in the series	€ 22,261,669 Total debts 2022: € 22,261,669 ▼ 12% vs 2021 (€ 25,359,529) Favourable step	€ 15,976,231 Total debts 2024: € 15,976,231 ▼ 28% vs 2022 (€ 22,261,669) Favourable step	€ 10,837,410 Total debts 2025: € 10,837,410 ▼ 32% vs 2024 (€ 15,976,231) Favourable step	▼ 32%
Cash	€ 1,591,842 Cash 2021: € 1,591,842 First fiscal year in the series	€ 701,816 Cash 2022: € 701,816 ▼ 56% vs 2021 (€ 1,591,842) Unfavourable step	€ 295,449 Cash 2024: € 295,449 ▼ 58% vs 2022 (€ 701,816) Unfavourable step	€ 708,337 Cash 2025: € 708,337 ▲ 140% vs 2024 (€ 295,449) Favourable step	▲ 140%
Land & buildings	€ 2,080,997 Land & buildings 2021: € 2,080,997 First fiscal year in the series	€ 1,897,480 Land & buildings 2022: € 1,897,480 ▼ 9% vs 2021 (€ 2,080,997) Unchanged	€ 1,526,455 Land & buildings 2024: € 1,526,455 ▼ 20% vs 2022 (€ 1,897,480) Unchanged	€ 1,635,469 Land & buildings 2025: € 1,635,469 ▲ 7% vs 2024 (€ 1,526,455) Unchanged	▲ 7%
Retained profit	€ 15,544,148 Retained profit 2021: € 15,544,148 First fiscal year in the series	€ 17,655,408 Retained profit 2022: € 17,655,408 ▲ 14% vs 2021 (€ 15,544,148) Favourable step	€ 16,868,475 Retained profit 2024: € 16,868,475 ▼ 4% vs 2022 (€ 17,655,408) Unfavourable step	€ 25,417,694 Retained profit 2025: € 25,417,694 ▲ 51% vs 2024 (€ 16,868,475) Favourable step	▲ 51%
Dividend	€ 0 Dividend 2021: € 0 First fiscal year in the series	€ 0 Dividend 2022: € 0 Unchanged (€ 0) Unchanged	€ 3,000,000 Dividend 2024: € 3,000,000 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 3,000,000) Unchanged	▼ 100%
Bank debt	€ 9,384,738 Bank debt 2021: € 9,384,738 First fiscal year in the series	€ 7,620,107 Bank debt 2022: € 7,620,107 ▼ 19% vs 2021 (€ 9,384,738) Favourable step	€ 864,612 Bank debt 2024: € 864,612 ▼ 89% vs 2022 (€ 7,620,107) Favourable step	€ 1,754,592 Bank debt 2025: € 1,754,592 ▲ 103% vs 2024 (€ 864,612) Unfavourable step	▲ 103%
Balance sheet total	€ 46,451,350 Balance sheet total 2021: € 46,451,350 First fiscal year in the series	€ 45,448,735 Balance sheet total 2022: € 45,448,735 ▼ 2% vs 2021 (€ 46,451,350) Unchanged	€ 35,865,534 Balance sheet total 2024: € 35,865,534 ▼ 21% vs 2022 (€ 45,448,735) Unchanged	€ 39,261,786 Balance sheet total 2025: € 39,261,786 ▲ 9% vs 2024 (€ 35,865,534) Unchanged	▲ 9%
Employees (FTE)	49.9 Employees (FTE) 2021: 49.9 First fiscal year in the series	50 Employees (FTE) 2022: 50 ▲ 0.1 vs 2021 (49.9) Unchanged	46.3 Employees (FTE) 2024: 46.3 ▼ 3.7 vs 2022 (50) Unchanged	41.1 Employees (FTE) 2025: 41.1 ▼ 5.2 vs 2024 (46.3) Unchanged	▼ 5.2

Key figures of BELGABROED, fiscal years 2021 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 BELGABROED?

What happened at BELGABROED in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2031 Yellow Bird BV stepped down as director. NBB
2029 Jan Destrooper stepped down as director. NBB
2029 Carl Destrooper stepped down as director. NBB
2029 JEMIMO BV stepped down as director. NBB
Oct 20, 2026 Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
Jun 1, 2026 New establishment in Ravels. KBO
Jun 1, 2026 New establishment in Essen. KBO
2026 Yellow Bird BV became a director. NBB

In short

From € 872,572 profit in 2021 to € 8.5 million profit in 2025.

Paid € 5 million in corporate taxes since 2021.

Best year ever: 2025, with € 8.5 million profit.

Paid out € 3 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Yellow Bird 100%

The stake of Yellow Bird comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

BELGABROED

Incubel 100%

The shares are held by Yellow Bird (100%). It owns 100% of Incubel itself.

Directors

According to the 2025 annual accounts

Yellow Bird BV

Director · represented by Steven Vervaeke

Also active at: Pollo, L'OEUF D'OR, GalluScent, HFHC, VERVAEKE BELAVI, INCUBEL

since 2026 · until 2031

Jan Destrooper

Director

Also active at: DE KROON - DESTROOPER, Pollo, Yellow Bird, LOKIP

since 2023 · until 2029

Carl Destrooper

Managing director

Also active at: DE KROON - DESTROOPER, Yellow Bird

since 2023 · until 2029

JEMIMO BV

Director · represented by Dirk Moonen

Also active at: Moonen, VELDKIP, Yellow Bird

since 2023 · until 2029

Shareholders

Yellow Bird

100%

Participations

Incubel

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Steenweg op Hoogstraten 141

2330 Merksplas

2.180.346.895

Hoekeinde 100

2330 Merksplas

Active since 1 January 2009

2.390.224.213

Kerkstraat 45

2380 Ravels

Active since 1 June 2026

2.390.801.560

Noordeneind 21

2910 Essen

Active since 1 June 2026

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

DE KROON - DESTROOPER same network

€ 1.6 million gross margin · 2025

Pollo same network

€ 882,555 gross margin · 2025

Yellow Bird same network

€ 8.8 million gross margin · 2025

INCUBEL same network

€ 27 million revenue · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0473.704.349

VAT number

BE 0473.704.349

Registered office

Steenweg op Hoogstraten 141, 2330 Merksplas

Names & denominations

BELGABROED

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

22 December 2000

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Kippenkwekerijen

Groothandel in machines, werktuigen en toebehoren voor de landbouw

Groothandel in zuivelproducten en eieren

Groothandel in machines, tractoren, werktuigen en toebehoren voor de landbouw

Groothandel in zuivelproducten, eieren, spijsoliën en -vetten

View on CBE Public ↗ Annual accounts (NBB) ↗

BELGABROED

Warning lights

Financials

What happened to BELGABROED?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions