Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
18 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
Flora Food Belgium from Sint-Agatha-Berchem, company number BE0629992828, closed financial year 2024 with a result of € 1.3 million after tax. For that financial year Flora Food Belgium recorded revenue of € 75.3 million and equity of € 14 million. Compared with financial year 2023, the result moved from € 2.5 million to € 1.3 million. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2025.
€ 14 million
▲ 10% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▼ 48% vs 2023
Profit after tax over the fiscal year.
€ 970,420
▲ 135% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 13.9 million.
People and assets in 2024
33.7
▲ 4.7 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 3.4 million
▼ 3% vs 2023
€ 101,300 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.
€ 118,136
▼ 21% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 24.6 million
▼ 8% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 126 days on average.
€ 3.2 million
▲ 41% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 76,775,254 | € 77,248,620 | € 82,799,107 | € 75,316,398 | ▼ 9% |
| Profit after taxes | € 2,249,459 | € 2,491,784 | € 2,474,919 | € 1,280,901 | ▼ 48% |
| Equity | € 7,713,627 | € 10,205,411 | € 12,680,329 | € 13,961,230 | ▲ 10% |
| Total debts | € 43,462,460 | € 32,743,697 | € 29,684,752 | € 28,108,760 | ▼ 5% |
| Cash | € 51,196 | € 1,155,217 | € 413,035 | € 970,420 | ▲ 135% |
| Retained profit | € 7,623,528 | € 10,115,312 | € 12,590,231 | € 13,871,131 | ▲ 10% |
| Bank debt | € 3,033 | € 0 | € 80 | € 0 | ▼ 100% |
| Balance sheet total | € 51,176,087 | € 42,960,044 | € 42,916,128 | € 42,612,774 | ▼ 1% |
| Employees (FTE) | 26.3 | 26.3 | 29 | 33.7 | ▲ 4.7 |
Key figures of Flora Food Belgium, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Flora Food Belgium?
What happened at Flora Food Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Keshwar Ootaree stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 1.3 million (▼ 48% vs 2023). Source: NBB ↗
- Keshwar Ootaree became a director. NBB
- Olivier Blangeard became a director. NBB
- New establishment in Sint-Agatha-Berchem. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.2 million profit in 2021 to € 1.3 million profit in 2024.
Paid € 3.7 million in corporate taxes since 2021.
Best year ever: 2022, with € 2.5 million profit.
Pays suppliers within 126 days on average.
A new publication or filing at Flora Food Belgium? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Flora Food Belgium is Olivier Blangeard. The shares are held by Flora Food Holding UK Limited (100%) and Flora Food Global Principal BV (0%).
Directors
According to the 2024 annual accounts
Olivier Blangeard
Director
since 2024
Keshwar Ootaree
Director
since 2024 · until 2030
Shareholders
Flora Food Holding UK Limited
100%
Flora Food Global Principal BV
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Keizer Karellaan 586
1082 Sint-Agatha-Berchem
Keizer Karellaan 586 box 10
1082 Sint-Agatha-Berchem
Active since 1 July 2015
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 18 companies are registered at this address.
All companies at this address →Essilor Group Belgium
€ 20.7 million revenue · 2023
INTERCONTAINER - INTERFRIGO, SOCIETE INTERNATIONALE POUR LE DEVELOPPEMENT DU TRANSPORT COMBINE ET DU TRANSPORT SOUS TEMPERATURE DIRIGEE
€ -129,078 gross margin · 2025
LUXOTTICA BELGIUM
€ 16.2 million revenue · 2024
Grimobel
€ 66,994 gross margin · 2025
RACINE
€ 610,396 gross margin · 2025
+13 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0629.992.828
- VAT number
- BE 0629.992.828
- Registered office
- Keizer Karellaan 586, 1082 Sint-Agatha-Berchem
- Names & denominations
- Flora Food Belgium · Upfield Spreads Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 May 2015
- Peppol
- Active · Active since 2 Jan 2026
- Activities · NACE
Activiteiten van hoofdkantoren
Handelsbemiddeling in de groothandel in voedings- en genotmiddelen
Groothandel in ruwe plantaardige en dierlijke oliën en vetten