LANTMANNEN UNIBAKE BRUSSELS

Active

Public limited companyfounded 197848 yrs activeNijverheidsstraat 3, 1840 Londerzeel, BelgiumKBO/BCE: BE 0418.095.338

Summary

LANTMANNEN UNIBAKE BRUSSELS has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.90M and a net result of €290k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 95% of 643 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

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Checked score

Score 2025

73 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability44▼-1

Solvency100=

Growth52=

Track record100

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €750k at 30 days acceptable

short-term debt: 0.9% and cash: 0% of total assets, and 5.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 10

Relative position

BE, all sectors

reference

Sector 10

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

94.2%

Return on assets

2.5%

Age of the figures

9 mo

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

24 d early

2024

21 d early

2023

6 d early

2022

18 d early

2021

44 d early

2020

32 d early

2019

31 d early

← before the deadline after the deadline →

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

24-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover

€0▼ 100%

2024 · €14k

2018: €12.67M 2019: €15.04M 2020: €10.23M 2021: €12.21M 2022: €14.01M 2023: €2.46M 2024: €14k

2018 → 2025

EBIT margin

200.3%▼ 90.6pp

2023 · 291.0%

2018: -0.4% 2019: 13.1% 2020: 2.6% 2021: 3.7% 2022: -51.3% 2023: 291.0%

2018 → 2024

Net result

€290k▼ 8.8%

2024 · €318k

2018: €-65k 2019: €1.86M 2020: €21k 2021: €437k 2022: €-7.19M 2023: €7.32M 2024: €318k

2018 → 2025

Working capital

€11.47M▲ 2.5%

2024 · €11.19M

2018: €5.40M 2019: €7.44M 2020: €7.46M 2021: €7.87M 2022: €8.77M 2023: €11.22M 2024: €11.19M

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Turnover€12.21M-€14.01M▲ 14.7%€2.46M▼ 82.4%€14k▼ 99.4%€0▼ 100%

Equity€10.16M-€2.97M▼ 70.7%€10.29M▲ 246%€10.61M▲ 3.1%€10.90M▲ 2.7%

Operating result€447k-€-7.18M€7.16M€28k▼ 99.6%€149k▲ 430%

Net result€437k-€-7.19M€7.32M€318k▼ 95.7%€290k▼ 8.8%

Result per fiscal year

Operating resultNet result

The operating result recovers in 2025; 2025 is 430% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Equity and liabilities €11.57M

94.2%

Equity €10.90M ▲ 2.7%

Provisions €568k =

Debt €101k ▼ 35.5%

Debt's share of the balance-sheet total falls from 1.4% to 0.9%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

Debt to equity

0.01▼

2024 · 0.01

ROE

2.7%▼

2024 · 3.0%

ROA

2.5%▼

2024 · 2.8%

Debt ≤ 1 year

€101k▼

2024 · €149k

Income taxes

€101k▲

2024 · €19k

Staff costs

€3k▼

2024 · €213k

A ratio outside any meaningful range has been withheld (balance sheet total €11.57M, equity €10.90M).

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines

Balance sheet Code20242025

Assets

Total assets20/58€11.34M€11.57M▲

Current assets29/58€11.34M€11.57M▲

Stocks and contracts in progress3-€0

Amounts receivable within one year40/41€11.30M€11.55M▲

Other amounts receivable41€11.30M€11.55M▲

Cash at bank and in hand54/58€8k€0▼

Deferred charges and accrued income490/1€25k€20k▼

Equity and liabilities

Total equity and liabilities10/49€11.34M€11.57M▲

Equity10/15€10.61M€10.90M▲

Contributions10/11€580k€580k=

Capital10€580k€580k=

Issued capital100€580k€580k=

Reserves13€445k€445k=

Non-distributable reserves130/1€278k€278k=

Legal reserve130€58k€58k=

Other1319€220k€220k=

Distributable reserves133€167k€167k=

Profit (loss) carried forward14€9.59M€9.88M▲

Provisions and deferred taxes16€568k€568k=

Provisions for liabilities and charges160/5€568k€568k=

Other liabilities and charges164/5€568k€568k=

Amounts payable17/49€156k€101k▼

Amounts payable within one year42/48€149k€101k▼

Trade debts44€149k€0▼

Suppliers440/4€149k€0▼

Taxes, remuneration and social security45-€101k

Taxes450/3-€101k

Accrued charges and deferred income492/3€7k€0▼

Income statement Code20242025

Operating income70/76A€57k€151k▲

Turnover70€14k€0▼

Other operating income74€43k€0▼

Non-recurring operating income76A-€151k

Operating charges60/66A€29k€3k▼

Services and other goods61€146k€0▼

Remuneration, social security and pensions62€213k€3k▼

Provisions for liabilities and charges: additions (uses and reversals)635/8€-351k€0▲

Other operating charges640/8€20k€0▼

Operating profit (loss)9901€28k€149k▲

Financial income75/76B€336k€243k▼

Recurring financial income75€336k€243k▼

Income from current assets751€336k€243k▼

Financial charges65/66B€27k€82▼

Recurring financial charges65€27k€82▼

Other financial charges652/9€27k€82▼

Profit (loss) for the period before taxes9903€337k€391k▲

Income taxes67/77€19k€101k▲

Taxes670/3€19k€101k▲

Profit (loss) for the period9904€318k€290k▼

Profit (loss) for the period to be appropriated9905€318k€290k▼

Appropriation of the result

Profit (loss) to be appropriated9906€9.59M€9.88M▲

Profit (loss) brought forward from the previous period14P€9.27M€9.59M▲

The notes to these accounts (38 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 34Financial 7Gazette 17Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

07-07

NBB filing Annual accounts filed

fiscal year 2025 · full schema

24-06

State Gazette act Permanent representative: Elien De Greef

2 facts ▸

Board meeting, 17-04-2026
Permanent representative, Elien De Greef

2025

10-07

NBB filing Annual accounts filed

fiscal year 2024 · full schema

03-03

State Gazette act Reappointment: Patrick Wauters (managing director)

Power of attorney3 facts ▸

Board meeting, 27-01-2025
Power of attorney, Lantmännen Unibake Brussels
Director reappointment, Patrick Wauters (managing director)

2024

31-12

Financial Liquidity times 5current ratio 75.87

Current ratio from 14.52 to 75.87; short-term debt falls from €830k to €149k.

30-12

State Gazette act Reappointment: EY Bedrijfsrevisoren (statutory auditor)

2 facts ▸

Written decision, 16-10-2024
Auditor reappointment, EY Bedrijfsrevisoren

25-07

NBB filing Annual accounts filed

fiscal year 2023 · full schema

20-02

State Gazette act Permanent representative: Patrick Wauters

Resignations: Van Beveren Piet BV, Lantmännen Unibake Benelux NV and Morten Leth · Appointments: Tim Robinson, Simon Husted and 2 others · Statutes amendment12 facts ▸

General meeting, 29-12-2023
Statutes amendment
Capital, €580.000
Permanent representative, Patrick Wauters
Director resignation, Van Beveren Piet BV (director)
Director resignation, Lantmännen Unibake Benelux NV (director)
Director resignation, Morten Leth (director)
Director appointment, Tim Robinson (director)
Director appointment, Simon Husted (director)
Director appointment, Patrick Wauters (director)
Director appointment, Mieke Vandecasteele (director)
Registered-office move, 1840 Londerzeel, Nijverheidsstraat 3

2023

31-12

Financial Back to profitnet €7.32M

Net result €7.32M after one loss-making year.

31-12

Financial Liquidity quadruplescurrent ratio 14.52

Current ratio from 3.70 to 14.52; short-term debt falls from €3.25M to €830k.

31-12

Financial Equity above €10MEq €10.29M ▲246%

Equity rises from €2.97M to €10.29M.

05-12

State Gazette act Reappointments: Lantmännen Unibake Benelux NV (director) and Morthen Leth (director)

Appointment: Lantmännen Unibake Benelux NV (managing director) · Permanent representative: Patrick Wauters6 facts ▸

General meeting, 05-01-2023
Director reappointment, Lantmännen Unibake Benelux NV (director)
Director reappointment, Morthen Leth (director)
Board meeting, 05-01-2023
Director appointment, Lantmännen Unibake Benelux NV (managing director)
Permanent representative, Patrick Wauters

Show earlier events

13-07

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

31-12

Financial Weakest financial yearnet €-7.19M ▼1745%

Net result drops to €-7.19M, the lowest in the series; recovery starts the following year.

17-06

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

31-12

Financial Equity above €10MEq €10.16M ▲4.5%

3 profitable years in a row build equity to €10.16M.

29-06

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

30-06

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2019

31-12

Financial Back to profitnet €1.86M

Net result €1.86M after one loss-making year.

13-05

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

07-09

State Gazette act Reappointment: E&Y (statutory auditor)

Power of attorney5 facts ▸

General meeting, 02-05-2018
Auditor reappointment, E&Y
Power of attorney, Paul Eelen
Power of attorney, Horizon Consulting BVBA
Power of attorney, Wauters Patrick

22-05

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

13-11

State Gazette act Permanent representative: Patrick Wauters

Appointments: Horizon Consulting BVBA (permanent representative) and Lantmännen Unibake Benelux (managing director) · Resignation: Lieven Breemeersch (permanent representative) · Reappointments: Van Beveren Piet BVBA (director) and Morthen Leth (director)7 facts ▸

General meeting, 16-10-2017
Permanent representative, Patrick Wauters
Director appointment, Horizon Consulting BVBA (permanent representative)
Director resignation, Lieven Breemeersch (permanent representative)
Director appointment, Lantmännen Unibake Benelux (managing director)
Director reappointment, Van Beveren Piet BVBA (director)
Director reappointment, Morthen Leth (director)

16-06

NBB filing Annual accounts filed

fiscal year 2016 · full schema

2016

28-04

State Gazette act Reappointment: Ernst & Young Bedrijfsrevisoren BV CVBA (statutory auditor)

Permanent representative: Lieve Cornelis · Appointment: Morten Leth (director)4 facts ▸

General meeting, 05-05-2015
Auditor reappointment, Ernst & Young Bedrijfsrevisoren BV CVBA
Permanent representative, Lieve Cornelis
Director appointment, Morten Leth (director)

2015

09-01

State Gazette act Permanent representative: Lieven Breemeersch

Resignation: Decoba Management BVBA (permanent representative) · Reappointments: Lantmännen Unibake Benelux (managing director) and Van Beveren Piet BVBA (director)5 facts ▸

General meeting, 01-12-2014
Permanent representative, Lieven Breemeersch (permanent representative)
Director resignation, Decoba Management BVBA (permanent representative)
Director reappointment, Lantmännen Unibake Benelux (managing director)
Director reappointment, Van Beveren Piet BVBA (director)

2012

08-08

State Gazette act Permanent representatives: Bart De Coninck and Jean Dinet

Reappointment: Ernst & Young Bedrijfsrevisoren BV CVBA (statutory auditor) · Permanent representative resignation6 facts ▸

Board meeting, 29-06-2012
General meeting, 02-05-2012
Permanent representative, Bart De Coninck
Permanent representative, Jean Dinet
Auditor reappointment, Ernst & Young Bedrijfsrevisoren BV CVBA
Permanent representative resignation, vaste vertegenwoordiger

2011

08-07

State Gazette act Reappointment: Ernst & Young Bedrijfsrevisoren BV CVBA (statutory auditor)

Permanent representatives: Dinfica NV, Jean Dinet and 2 others · Ratification7 facts ▸

General meeting, 03-05-2011
Auditor reappointment, Ernst & Young Bedrijfsrevisoren BV CVBA (statutory auditor)
Permanent representative, Dinfica NV (permanent representative)
Permanent representative, Jean Dinet
Permanent representative, P&P Management NV (permanent representative)
Permanent representative, Pascal Bekaert
Ratification, vaste vertegenwoordiger van NV Lantmännen Unibake Benelux bij de uitoefening van haar bestuursmandaat, 03-05-2011

2010

16-06

State Gazette act Resignation: P&P Management Comm. V. (managing director)

Appointment: Dinfica NV (managing director)3 facts ▸

General meeting, 04-05-2010
Director resignation, P&P Management Comm. V. (managing director)
Director appointment, Dinfica NV (managing director)

2007

22-06

State Gazette act Reappointments: Lantmännen Unibake Benelux N.V. (director) and Van Beveren Piet B V.B.A. (director)

Appointment: Lantmännen Unibake Benelux N.V. (gedelegeerd bestuurder)6 facts ▸

General meeting, 02-05-2007
Director reappointment, Lantmännen Unibake Benelux N.V. (director)
Director reappointment, Van Beveren Piet B V.B.A. (director)
Board meeting, 02-05-2007
Director appointment, Lantmännen Unibake Benelux N.V. (gedelegeerd bestuurder)
Director appointment, Lantmännen Unibake Benelux N.V. (chair of the board)

2006

06-11

State Gazette act Benaming - Boekjaar

Name change · Statutes amendment6 facts ▸

General meeting, 28-09-2006
Name change, Lantmännen Unibake Brussels
Statutes amendment
Statutes amendment
Statutes amendment
Statutes amendment

13-06

State Gazette act Appointment: Belpan Holding N.V. (managing director)

Permanent representative: Eddy Walraevens · Power of attorney4 facts ▸

General meeting, 14/03/2006
Director appointment, Belpan Holding N.V. (managing director)
Permanent representative, Eddy Walraevens
Power of attorney, Wall & Waltz BVBA

2005

23-06

State Gazette act Capital & shares · Statutes amendment

Capital increase · Capital decrease · Capital6 facts ▸

General meeting, 23-05-2005
Capital increase, €4.598.669,06
Capital increase, €1.247.978,18
Capital decrease, €8.619.407,16
Capital, €580.000
Statutes amendment

20-06

State Gazette act Reappointment: Ernst & Young Bedrijfsrevisoren (B160) (statutory auditor)

2 facts ▸

General meeting, 08/03/2005
Auditor reappointment, Ernst & Young Bedrijfsrevisoren (B160)

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

10 directors, no change since 2023

Mieke Vandecasteele

Director · since 29-12-2023

Current

Simon Husted

Director · since 29-12-2023

Current

Tim Robinson

Director · since 29-12-2023

Current

Wauters Patrick

Director · since 29-12-2023

Current

Morthen Leth

Director · since 01-11-2017

Current

Lantmännen Unibake Benelux

Managing director · since 07-05-2013 · Public limited company · perm. rep.: Lieven Breemeersch

Not recently confirmed

4 other directors

Van Beveren Piet BVBA

Director · since 07-05-2013 · Legal entity

Not recently confirmed

Dinfica NV

Managing director · since 19-11-2009 · Legal entity

Not recently confirmed

Lantmännen Unibake Benelux N.V.

Director · since 02-05-2007 · Legal entity

Not recently confirmed

Van Beveren Piet B V.B.A.

Director · since 02-05-2007 · Legal entity

Not recently confirmed

29-12-2023 Mieke Vandecasteele: Appointed as Director

29-12-2023 Simon Husted: Appointed as Director

29-12-2023 Tim Robinson: Appointed as Director

29-12-2023 Wauters Patrick: Appointed as Director

29-12-2023 Lantmännen Unibake Benelux NV: Resigned as Director

Full history in the Timeline (22 changes) →

Location & real-estate footprint

Registered office, Londerzeel · 1 establishment unit since 1978

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Nijverheidsstraat 31840 Londerzeel

Ground area

4.1 ha

Building footprint

3.4 ha

Volume, LiDAR

249,276 m³

2 parcels, Brussels, Flanders · tallest building 18.0 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

LANTMANNEN UNIBAKE BRUSSELS

Rusatiralaan 5, 1083 GanshorenNACE 15520

since 19782.014.811.150

2 parcels

Flanders 1 (50%) Brussels 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23045D0317/00H000	Flanders	2.3 ha	1 · 2.4 ha	18.0 m · 2 fl.
21392A0008/00D005	Brussels	1.8 ha	1 · 1.0 ha	14.7 m · 3 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Statutory auditor

E&Y

Auditor

02-05-2018 → 07-09-2018

Show 3 earlier auditors

Ernst & Young Bedrijfsrevisoren (B160) Auditor succeeded by Ernst et Young Reviseurs d'Entreprises in 2011	20-06-2005 → 03-05-2011
Ernst & Young Bedrijfsrevisoren BV CVBA Auditor · represented by Lieve Cornelis succeeded by E&Y in 2018	05-05-2015 → 02-05-2018
Ernst et Young Reviseurs d'Entreprises Auditor succeeded by Ernst & Young Bedrijfsrevisoren BV CVBA in 2015	03-05-2011 → 05-05-2015

Articles of association

Purpose

1. De handel in, evenals de in- en uitvoer, de fabricage, bewerking en verwerking van alle producten van de banket- en suikerbakkerij... 2. Alle traiteursdiensten... 3. Het…

Full purpose

1. De handel in, evenals de in- en uitvoer, de fabricage, bewerking en verwerking van alle producten van de banket- en suikerbakkerij... 2. Alle traiteursdiensten... 3. Het uitbaten van een algemeen bedrijf van immobiliën... 4. Alle activiteiten, zoals onderzoek, advies en assistentie... 5. De uitbating van een studie-, organisatie- en raadgevend bureau... 6. De verhuur en verkoop van personen- en vrachtwagens. 7. Het waarnemen en uitoefenen van allerhande bestuurs- en beheersmandaten en opdrachten.

according to the deed of 20-02-2024

Structure & network

Connections & network

4 connected companies

Shared directors

Linked via shared directors

FEDERATIE VAN GROTE BAKKERIJEN VAN BELGIE - FEDERATION DES GRANDES BOULANGERIES BELGES

via Wauters Patrick · Director

→

Horizon Consulting

via Wauters Patrick · Permanent representative

→

Deloitte Consulting & Advisory

via Wauters Patrick · Director

former→

VLAAMSE AMATEURMUZIEKORGANISATIE

via Wauters Patrick · Director

former→

Capital and shareholders

Capital over the years

20-02-2024 Capital stated in the act · 580,000 EUR · 1,048,905 shares
23-06-2005 Capital increase of 4,598,669.06 EUR · to 7,951,428.98 EUR · 718,542 new shares · in kind
23-06-2005 Capital increase of 1,247,978.18 EUR · to 9,199,407.16 EUR · 195,113 new shares · in cash
23-06-2005 Capital reduction of 8,619,407.16 EUR · to 580,000 EUR · “aanzuivering van geleden verliezen”

Similar companies · same sector, comparable size

MADEMOISELLE DESSERTS WAREGEM

BE 0423.072.923

Waregem · Eq €12.01M

LANTMANNEN UNIBAKE LONDERZEEL

BE 0427.655.479

Londerzeel · Eq €9.56M

PATROBA

BE 0459.040.721

Aartselaar · Eq €12.83M

Of 511 companies in sector 10711 we hold annual accounts for 329. 64 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPublic limited company

Founded14-03-1978

Fiscal year end31-12

Activities, NACEBEL 2025

10711Manufacture of food products

10820Manufacture of cocoa, chocolate and sugar confectionery

68121Development of residential building projects

70200Business and other management consultancy

Sources

Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.