Financials
Financial year 2025
Lotus Bakeries Corporate from Kaprijke, company number BE0881664870, closed financial year 2025 with a result of € 8.7 million after tax. For that financial year Lotus Bakeries Corporate recorded revenue of € 59.2 million and equity of € 154.3 million. Compared with financial year 2024, the result moved from € 11.8 million to € 8.7 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 May 18, 2026.
€ 154.3 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8.7 million
▼ 27% vs 2024
Profit after tax over the fiscal year.
€ 24.2 million
▼ 15% 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 € 43.7 million.
People and assets in 2025
173.1
▲ 18.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 24.3 million
▲ 4% vs 2024
€ 140,700 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.
€ 2.8 million
▼ 11% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 367.5 million
▼ 24% vs 2024
€ 55 million is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 28.8 million
▲ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 139 days on average.
€ 9.2 million
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | € 60,845,071 | € 61,219,633 | € 59,169,505 | ▼ 3% |
| Profit after taxes | € 11,519,204 | € 11,842,164 | € 8,664,849 | ▼ 27% |
| Equity | € 126,194,507 | € 145,669,434 | € 154,334,283 | ▲ 6% |
| Total debts | € 567,960,798 | € 518,213,238 | € 405,768,475 | ▼ 22% |
| Cash | € 37,250,045 | € 28,565,982 | € 24,151,438 | ▼ 15% |
| Land & buildings | € 8,532,982 | € 10,585,388 | € 13,783,218 | ▲ 30% |
| Retained profit | € 15,590,466 | € 35,065,393 | € 43,730,242 | ▲ 25% |
| Bank debt | € 541,612,814 | € 481,778,687 | € 367,517,232 | ▼ 24% |
| Balance sheet total | € 694,155,305 | € 663,882,673 | € 560,102,759 | ▼ 16% |
| Employees (FTE) | 138.9 | 155 | 173.1 | ▲ 18.1 |
Key figures of Lotus Bakeries Corporate, 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 Lotus Bakeries Corporate?
What happened at Lotus Bakeries Corporate in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Valseba stepped down as director. NBB
- CUMACO BVBA stepped down as director. NBB
- Stephenson NV stepped down as director. NBB
- John Van De Par stepped down as director. NBB
- Heycom BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 8.7 million (▼ 27% vs 2024). Source: NBB ↗
- Valseba became a director. NBB
- CUMACO BVBA became a director. NBB
In short
From € 11.5 million profit in 2022 to € 8.7 million profit in 2025.
Paid € 10.6 million in corporate taxes since 2022.
Best year ever: 2024, with € 11.8 million profit.
Pays suppliers within 139 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 stake of LOTUS BAKERIES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Lotus Bakeries CorporateThe shares are held by LOTUS BAKERIES (100%). It owns 0.1% of Lotus Asia Pacific Manufacturing Ltd. itself.
Directors
According to the 2025 annual accounts
Chairman of the board · represented by Jan Boone
Also active at: LOTUS BAKERIES, CREMERS - RIBERT, CLUB BRUGGE, CLUB BRUGGE DEVELOPMENT, CLUB BRUGGE OEFENCENTRUM, CLUB BRUGGE STADION, TL INTERNATIONAL, M&M Management +1 more
since 2024 · until 2030
John Van De Par
Director
since 2024 · until 2030
since 2025 · until 2031
since 2025 · until 2031
Director · represented by Heyman Ignace
since 2023 · until 2029
Shareholders
100%
Participations
Lotus Asia Pacific Manufacturing Ltd.
0.1%
Establishments
Establishment units
Physical locations of this company
Gentstraat 1
9971 Kaprijke
Gentstraat 52
9971 Kaprijke
Active since 24 May 2006
Brandstraat 14
9160 Lokeren
Active since 18 March 2013
Gentstraat 6
9971 Kaprijke
Active since 16 May 2022
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
- 0881.664.870
- VAT number
- BE 0881.664.870
- Registered office
- Gentstraat 1, 9971 Kaprijke
- Names & denominations
- Lotus Bakeries Corporate
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 May 2006
- Peppol
- Active · Active since 7 Apr 2026
- Activities · NACE
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