Financials
Financial year 2025
Fine Biscuits Company (FBC) from Watermaal-Bosvoorde, company number BE0745934948, closed financial year 2025 with a result of € -466,514 after tax. For that financial year Fine Biscuits Company (FBC) recorded revenue of € 5.5 million and equity of € 422.7 million. Compared with financial year 2024, the result moved from € 13.8 million to € -466,514. The company made a loss. 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 March 2, 2026.
€ 422.7 million
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -466,514
▼ still € 13.8 million profit in 2024
Profit after tax over the fiscal year.
€ 628,476
▲ € 505,067 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -112.2 million.
People and assets in 2025
9
Average over the fiscal year, from the social balance sheet.
€ 3.7 million
▲ 9% vs 2024
€ 412,400 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.
€ 20,692
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1 million
▼ 80% vs 2024
Loans from banks and other lenders, long and short.
€ 710,409
▲ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 182 days on average.
€ 881,897
▲ 67% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 5,456,183 | |
| Profit after taxes | € 10,055,685 | € -343,382,037 | € 13,761,432 | € -466,514 | ▼ € 14.2 million |
| Equity | € 587,898,993 | € 282,934,642 | € 346,646,770 | € 422,690,259 | ▲ 22% |
| Total debts | € 1,459,967 | € 1,434,769 | € 7,020,597 | € 4,628,652 | ▼ 34% |
| Cash | € 645,581 | € 180,046 | € 123,409 | € 628,476 | ▲ € 505,067 |
| Retained profit | € 38,054,735 | € -305,327,302 | € -188,207,825 | € -112,171,987 | ▲ € 76 million |
| Bank debt | € 0 | € 0 | € 5,000,000 | € 1,000,000 | ▼ 80% |
| Balance sheet total | € 589,358,960 | € 284,369,412 | € 353,667,367 | € 427,318,911 | ▲ 21% |
| Employees (FTE) | 7.4 | 69 | 9 | 9 |
Key figures of Fine Biscuits Company (FBC), 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 March 2027.
What happened to Fine Biscuits Company (FBC)?
What happened at Fine Biscuits Company (FBC) in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 466,514 (▼ € 14.2 million vs 2024). Source: NBB ↗
- Christophe Neumann stepped down as director. NBB
- Alberto Cavalleris stepped down as director. NBB
- Gabriele Caponcello stepped down as director. NBB
- Guido Giannotta stepped down as director. NBB
- Gabriele Caponcello became a director. NBB
- Alberto Cavalleris became a director. NBB
- New establishment in Watermaal-Bosvoorde. KBO
In short
From € 10.1 million profit in 2022 to € 466,514 loss in 2025.
Paid € 371,095 in corporate taxes since 2022.
Best year ever: 2024, with € 13.8 million profit.
Pays suppliers within 182 days on average.
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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
The shares are held by CTH INVEST SA (100%). It owns 100% of The Fine Lab, 100% of Kelsen Group A/S and 100% of Biscuits Delacre itself.
Directors
According to the 2025 annual accounts
Christophe Neumann
Director
since 2020 · until 2026
since 2023 · until 2026
since 2024 · until 2026
Guido Giannotta
Director
since 2020 · until 2026
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Emile Van Becelaerelaan 2
1170 Watermaal-Bosvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0745.934.948
- VAT number
- BE 0745.934.948
- Registered office
- Emile Van Becelaerelaan 2, 1170 Watermaal-Bosvoorde
- Names & denominations
- Fine Biscuits Company (FBC)
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 April 2020
- Peppol
- Active · Active since 17 Sept 2025
- Activities · NACE
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