Financials
Financial year 2025
BAKBEL EUROPE from Seneffe, company number BE0875090349, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year BAKBEL EUROPE recorded revenue of € 20.3 million and equity of € 5.6 million. Compared with financial year 2024, the result moved from € 1.4 million to € 1.3 million. The company is profitable. 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 June 15, 2026.
€ 5.6 million
▲ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▼ 7% vs 2024
Profit after tax over the fiscal year.
€ 2 million
▼ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 4.1 million.
People and assets in 2025
41
▲ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.4 million
▲ 8% vs 2024
€ 84,100 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.
€ 64,631
▲ 86% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.7 million
▲ 1% vs 2024
Loans from banks and other lenders, long and short.
€ 1.7 million
▼ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 43 days on average.
€ 800,686
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 16,400,237 | € 17,620,137 | € 19,129,554 | € 20,272,889 | ▲ 6% |
| Profit after taxes | € 953,171 | € 1,047,641 | € 1,368,996 | € 1,267,038 | ▼ 7% |
| Equity | € 4,377,012 | € 5,424,653 | € 4,293,649 | € 5,560,688 | ▲ 30% |
| Total debts | € 3,714,969 | € 3,516,531 | € 6,078,564 | € 4,948,826 | ▼ 19% |
| Cash | € 1,705,302 | € 2,671,858 | € 2,156,819 | € 1,990,746 | ▼ 8% |
| Land & buildings | € 632,105 | € 521,728 | € 411,049 | € 300,673 | ▼ 27% |
| Retained profit | € 2,877,012 | € 3,924,653 | € 2,793,649 | € 4,060,688 | ▲ 45% |
| Dividend | € 0 | € 0 | € 2,500,000 | € 0 | ▼ 100% |
| Bank debt | € 1,640,000 | € 1,640,000 | € 1,699,958 | € 1,717,844 | ▲ 1% |
| Balance sheet total | € 8,129,481 | € 8,941,184 | € 10,372,213 | € 10,509,514 | ▲ 1% |
| Employees (FTE) | 35 | 35 | 40 | 41 | ▲ 1 |
Key figures of BAKBEL EUROPE, 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 July 2027.
What happened to BAKBEL EUROPE?
What happened at BAKBEL EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Armin ULRICH stepped down as director. NBB
- PHD MANAGEMENT COMPANY stepped down as director. NBB
- Patrick GLOGGNER stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.3 million (▼ 7% vs 2024). Source: NBB ↗
- Armin ULRICH became a director. NBB
- PHD MANAGEMENT COMPANY became a director. NBB
- Patrick GLOGGNER became a director. NBB
- New establishment in Seneffe. KBO
In short
From € 953,171 profit in 2022 to € 1.3 million profit in 2025.
Paid € 1.3 million in corporate taxes since 2022.
Best year ever: 2024, with € 1.4 million profit.
Paid out € 2.5 million in dividends to the owners in total.
A new publication or filing at BAKBEL EUROPE? 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
Directors
According to the 2025 annual accounts
Armin ULRICH
Director
since 2023 · until 2029
Managing director · represented by Philippe DELAHAYE
since 2023 · until 2029
Patrick GLOGGNER
Director
since 2023 · until 2029
Shareholders
EMU AG
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Parc Industriel Paysager de Tyberchamps 4
7180 Seneffe
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0875.090.349
- VAT number
- BE 0875.090.349
- Registered office
- Parc Industriel Paysager de Tyberchamps 4, 7180 Seneffe
- Names & denominations
- BAKBEL EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 July 2005
- Peppol
- Active · Active since 1 Oct 2025
- Activities · NACE
Activiteiten van verpakkingsbedrijven
Verpakkingsbedrijven
Vervaardiging van andere voedingsmiddelen, neg
Vervaardiging van overige voedingsmiddelen, n.e.g.