Financials
Financial year 2025
FICAF from Zonnebeke, company number BE0882196588, closed financial year 2025 with a result of € 2.6 million after tax. For that financial year FICAF recorded revenue of € 1.5 million and equity of € 31.7 million. Compared with financial year 2024, the result moved from € 2.6 million to € 2.6 million. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 31.7 million
▼ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.6 million
Profit after tax over the fiscal year.
€ 682,225
▼ 94% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 10 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
10.6
▲ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 20% vs 2024
€ 99,600 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.
€ 4,523
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7 million
Loans from banks and other lenders, long and short.
€ 400,173
▼ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 148 days on average.
€ 1 million
▲ 79% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 2,034,735 | € 2,093,421 | € 1,453,380 | € 1,494,240 | ▲ 3% |
| Profit after taxes | € 1,377,191 | € 2,026,777 | € 2,579,696 | € 2,572,840 | |
| Equity | € 34,854,285 | € 36,881,062 | € 39,110,757 | € 31,683,597 | ▼ 19% |
| Total debts | € 53,072,224 | € 72,106,562 | € 76,009,862 | € 67,420,583 | ▼ 11% |
| Cash | € 1,661,009 | € 7,763,316 | € 11,703,534 | € 682,225 | ▼ 94% |
| Land & buildings | € 3,571,574 | € 3,573,847 | € 3,500,924 | € 3,350,163 | ▼ 4% |
| Retained profit | € 14,854,285 | € 16,881,062 | € 19,110,757 | € 11,683,597 | ▼ 39% |
| Dividend | € 525,000 | € 0 | € 350,000 | € 10,000,000 | ▲ € 9.7 million |
| Bank debt | € 4,910,000 | € 0 | € 0 | € 7,000,000 | |
| Balance sheet total | € 87,926,509 | € 108,987,624 | € 115,120,619 | € 99,104,180 | ▼ 14% |
| Employees (FTE) | 9.6 | 9.7 | 9.8 | 10.6 | ▲ 0.8 |
Key figures of FICAF, 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 FICAF?
What happened at FICAF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Frans Castelein stepped down as director. NBB
- Antony Popelier stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.6 million. Source: NBB ↗
- Patrick Reekmans Consulting BV stepped down as director. NBB
- Frans Castelein became a director. NBB
- Antony Popelier became a director. NBB
- Patrick Reekmans Consulting BV became a director. NBB
- New establishment in Zonnebeke. KBO
In short
From € 1.4 million profit in 2022 to € 2.6 million profit in 2025.
Paid € 3 million in corporate taxes since 2022.
Best year ever: 2024, with € 2.6 million profit.
Paid out € 10.9 million in dividends to the owners in total.
Management
The stake of POLCAF comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
FICAFThe shares are held by POLCAF (100%). It owns 100% of Poppies Bakeries Ekeby AB and 98.5% of Ekeby Plant 1 AB itself.
Directors
According to the 2025 annual accounts
Frans Castelein
Director
Also active at: DE REZE BISCUIT-CHOCOLATE, POPPIES BAKERIES ZONNEBEKE, POPPIES BAKERIES, ECO BISCUITS, POPPIES BAKERIES COMINES, National International Trading Company, POPPIES BAKERIES ERTVELDE, POLCAF +11 more
since 2023 · until 2029
Antony Popelier
Director
Also active at: Westlandia VZW, MILCAMPS, DE REZE BISCUIT-CHOCOLATE, POPPIES BAKERIES ZONNEBEKE, POPPIES BAKERIES, POPPIES BAKERIES COMINES, National International Trading Company, POPPIES BAKERIES ERTVELDE +11 more
since 2023 · until 2029
Patrick Reekmans Consulting BV
Director · represented by Patrick Reekmans
Also active at: POPPIES BAKERIES ZONNEBEKE, POPPIES BAKERIES, DEPRO PROFILES, POPPIES BAKERIES COMINES, POPPIES BAKERIES ERTVELDE, POLCAF, HUGO WAFELS-GAUFRES HUGO, POPPIES BAKERIES D'HAUBRY +2 more
since 2023 · until 2026
Shareholders
100%
Participations
98.5%
Establishments
Establishment units
Physical locations of this company
Kasteelstraat 31
8980 Zonnebeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0882.196.588
- VAT number
- BE 0882.196.588
- Registered office
- Kasteelstraat 31, 8980 Zonnebeke
- Names & denominations
- FICAF
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 2006
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- [email protected] +32 57460200
- Activities · NACE
Managementactiviteiten van holdings
Activiteiten van holdings
Overige zakelijke dienstverlening, neg
Overige zakelijke dienstverlening, n.e.g.
Holdings