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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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
LA LORRAINE OOSTENDE from Oostende, company number BE0863953363, closed financial year 2024 with a result of € 222,242 after tax. For that financial year LA LORRAINE OOSTENDE recorded revenue of € 48.3 million and equity of € 5.3 million. Compared with financial year 2023, the result moved from € -1.2 million to € 222,242. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 15, 2025.
€ 5.3 million
▲ 4% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 222,242
▲ still € 1.2 million loss in 2023
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 4.1 million.
People and assets in 2024
130.9
▼ 0.9 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 7.6 million
▲ 4% vs 2023
€ 58,300 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.
€ 44,631
▲ 40% 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.
€ 3.4 million
▼ 28% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 35 days on average.
€ 1 million
▼ 11% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 35,240,389 | € 36,000,330 | € 48,541,534 | € 48,319,208 | |
| Profit after taxes | € 2,014,762 | € -251,574 | € -1,227,349 | € 222,242 | ▲ € 1.4 million |
| Equity | € 6,662,130 | € 6,386,790 | € 5,135,674 | € 5,334,150 | ▲ 4% |
| Total debts | € 7,357,264 | € 20,823,310 | € 25,210,431 | € 21,019,075 | ▼ 17% |
| Land & buildings | € 3,200,432 | € 2,870,074 | € 2,539,717 | € 2,278,377 | ▼ 10% |
| Retained profit | € 5,356,294 | € 5,104,720 | € 3,877,371 | € 4,099,613 | ▲ 6% |
| Balance sheet total | € 14,084,455 | € 27,267,238 | € 30,395,323 | € 26,394,524 | ▼ 13% |
| Employees (FTE) | 116.2 | 116.8 | 131.8 | 130.9 | ▼ 0.9 |
Key figures of LA LORRAINE OOSTENDE, 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 LA LORRAINE OOSTENDE?
What happened at LA LORRAINE OOSTENDE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- La Lorraine Bakery Group NV stepped down as director. NBB
- SHAURI BV stepped down as director. NBB
- L&A Business Consult BV stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 222,242. Source: NBB ↗
- La Lorraine Bakery Group NV became a director. NBB
- SHAURI BV became a director. NBB
- L&A Business Consult BV became a director. NBB
- New establishment in Oostende. KBO
In short
From € 2 million profit in 2021 to € 222,242 profit in 2024.
Paid € 885,321 in corporate taxes since 2021.
Best year ever: 2021, with € 2 million profit.
Pays suppliers within 35 days on average.
Management
The shares are held by LLBG NV (100%).
Directors
According to the 2024 annual accounts
Director · represented by Marc Vanherpe
Also active at: PANIFLOWER, LA LORRAINE BARCHON, LA LORRAINE TRANSPORT, LA LORRAINE FERNELMONT, FRANZ, LA LORRAINE MORLANWELZ, ASTRA SWEETS, LA LORRAINE ALKEN +2 more
since 2023 · until 2029
Director · represented by Luc Verhasselt
Also active at: LA LORRAINE BARCHON, LA LORRAINE TRANSPORT, LA LORRAINE FERNELMONT, FRANZ, LA LORRAINE MORLANWELZ, Shopping 2000, LA LORRAINE ALKEN, LA LORRAINE ANTWERPEN +3 more
since 2022 · until 2028
Managing director · represented by Guido Vanherpe
Also active at: LA LORRAINE BARCHON, LA LORRAINE TRANSPORT, LA LORRAINE FERNELMONT, FRANZ, LA LORRAINE MORLANWELZ, LA LORRAINE ALKEN, LA LORRAINE ANTWERPEN, UKKELSE BAKKERIJEN
since 2024 · until 2030
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zandvoordestraat 501
8400 Oostende
Ijslandstraat 7
8400 Oostende
Active since 16 December 2013
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0863.953.363
- VAT number
- BE 0863.953.363
- Registered office
- Zandvoordestraat 501, 8400 Oostende
- Names & denominations
- LA LORRAINE OOSTENDE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 March 2004
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Industriële vervaardiging van brood en van vers banketbakkerswerk
Industriële bakkerijen