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 2025 and 2026.
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Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
Greenyard Frozen Belgium from Staden, company number BE0660936521, closed financial year 2026 with a result of € -29.7 million after tax. For that financial year Greenyard Frozen Belgium recorded revenue of € 310.8 million and equity of € 82.5 million. Compared with financial year 2025, the result moved from € -8.8 million to € -29.7 million. 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 October 28, 2026.
€ 82.5 million
▼ 26% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -29.7 million
▼ 235 % more loss than in 2025
Profit after tax over the fiscal year.
€ 612
▼ 22% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -38 million.
People and assets in 2026
349.6
▲ 3 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 25.4 million
▲ 2% vs 2025
€ 72,500 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.
€ 206,309
▲ 14% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 56.2 million
Loans from banks and other lenders, long and short.
€ 51.1 million
▼ 2% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 62 days on average.
€ 4.8 million
▼ 4% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 236,915,605 | € 262,971,851 | € 288,079,972 | € 310,750,487 | ▲ 8% |
| Profit after taxes | € -4,234,189 | € 5,518,926 | € -8,849,339 | € -29,659,643 | ▼ € 20.8 million |
| Equity | € 53,835,482 | € 59,351,074 | € 112,198,401 | € 82,535,416 | ▼ 26% |
| Total debts | € 110,260,778 | € 137,391,329 | € 93,909,993 | € 193,694,977 | ▲ 106% |
| Cash | € 24,746 | € 2,597 | € 782 | € 612 | ▼ 22% |
| Land & buildings | € 55,345 | € 67,970 | € 69,851 | € 53,953 | ▼ 23% |
| Retained profit | € -61,418,071 | € -55,899,145 | € -8,352,016 | € -38,011,658 | ▼ € 29.7 million |
| Bank debt | € 61,700,000 | € 61,714,742 | € 0 | € 56,216,050 | |
| Balance sheet total | € 164,439,211 | € 197,083,888 | € 206,354,275 | € 276,284,904 | ▲ 34% |
| Employees (FTE) | 333.6 | 334.1 | 346.6 | 349.6 | ▲ 3 |
Key figures of Greenyard Frozen Belgium, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Greenyard Frozen Belgium?
What happened at Greenyard Frozen Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- De Duin BV stepped down as director. NBB
- Anna Jeczmyk stepped down as director. NBB
- Deprez Invest NV stepped down as director. NBB
- Management Deprez BV stepped down as director. NBB
- New annual accounts for financial year 2026: loss of € 29.7 million. Source: NBB ↗
- De Duin BV became a director. NBB
- Anna Jeczmyk became a director. NBB
- Management Deprez BV became a director. NBB
In short
From € 4.2 million loss in 2023 to € 29.7 million loss in 2026.
Paid € 888,564 in corporate taxes since 2023.
Best year ever: 2024, with € 5.5 million profit.
Pays suppliers within 62 days on average.
Management
The shares are held by Greenyard NV (100%) and Greenyard Frozen Langemark NV (0%). It owns 100% of Greenyard Frozen Investments PL Sp. Z.o.o., 100% of Greenyard Hasselt, 100% of Greenyard Frozen Comines SAS, 100% of Greenyard Frozen UK ltd, 100% of Greenyard Frozen Poland SP z.o.o and 100% of Greenyard Frozen Holding FR SAS itself.
Directors
According to the 2026 annual accounts
Director · represented by Dennis Duinslaeger
Also active at: PINGUIN LANGEMARK, GREENYARD FROZEN LANGEMARK, Greenyard Frozen Hasselt, SUSTAINABILITY PARTNER
since 2024 · until 2030
since 2024 · until 2030
Director · represented by Veerle Deprez
Also active at: Greenyard, Tessenderlo Group, PINGUIN LANGEMARK, DEPREZ INVEST, GREENYARD PREPARED BELGIUM, GREENYARD FROZEN LANGEMARK, Greenyard Fresh Direct Belgium, Food Invest International +10 more
since 2021 · until 2027
Director · represented by Hein Deprez
Also active at: Greenyard, PINGUIN LANGEMARK, GREENYARD PREPARED BELGIUM, GREENYARD FROZEN LANGEMARK, Greenyard Fresh Direct Belgium, Food Invest International, GREENYARD TRANSPORT BELGIUM, GREENYARD LOGISTICS BELGIUM +7 more
since 2019 · until 2028
Shareholders
Participations
100%
Greenyard Frozen Comines SAS
100%
Greenyard Frozen France SAS
33.2%
Establishments
Establishment units
Physical locations of this company
Romenstraat(WRB) 3
8840 Staden
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0660.936.521
- VAT number
- BE 0660.936.521
- Registered office
- Romenstraat(WRB) 3, 8840 Staden
- Names & denominations
- Greenyard Frozen Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 August 2016
- Peppol
- Active · Active since 12 Sept 2025
- Activities · NACE
Productie van diepgevroren groenten en fruit
Verwerking en conservering van fruit, exclusief productie van diepgevroren fruit
Verwerking en conservering van groenten, exclusief productie van diepgevroren groenten
Groothandel in granen en zaden
Detailhandel in groenten en fruit
Verwerking en conservering van aardappelen, exclusief productie van diepgevroren aardappelbereidingen