Checked.be · Company dossierhttps://checked.be/en/c/neuhaus-0406774844 · as of 01-10-2026
NEUHAUS
Active
Public limited company · founded 1969 · 57 yrs activePostweg 2, 1602 Sint-Pieters-Leeuw, BelgiumKBO/BCE: BE 0406.774.844
Summary
The computed 12-month bankruptcy probability of NEUHAUS is 2.1% (moderate). The 2025 annual accounts show equity of €36.2m and a net result of €4.8m. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 45% of 669 sector peers (fiscal year 2025). The company has been active since 1969 and the Belgian State Gazette contains no insolvency or warning signals.
Auditor: BV PwC BedrijfsrevisorenAccounts 59 d early
Why 54- Multiple establishment units- Higher-failure-rate sector+ Long track record+ Annual accounts: healthy financial profile+ Lower-risk legal form+ Growing equityLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. Without a figure, the card says why. A low score is a reason to look closely at payment terms and security.
Four sides of financial health side by side. You see at a glance where the company is strong and where it is vulnerable.
Profitability72▼-4
Solvency61▼-1
Growth55▼-16
Track record100
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that this company goes bankrupt within twelve months. A low chance is reassuring; with a higher one, agree shorter payment terms or an advance.
2.1%Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,950,000 at 30 days acceptable
Liquidity tight (current ratio 1.04 against 1.12 in 2024; short-term debt: 50.5% and cash: 1.8% of total assets), and 64.5% of the assets are financed with debt.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 36 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
○
neutral · 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. Usually files around 22 June (5 of the last 5 filed years within 30 days of that day).
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
Net result€2.1mabove the sector's middle half€7.8mabove the sector's middle half▲ 269%€2.8mabove the sector's middle half▼ 63.7%€8.4mabove the sector's middle half▲ 196%€4.8mabove the sector's middle half▼ 42.9%
Equity€28.4mabove the sector's middle half▼ 11.2%€32.2mabove the sector's middle half▲ 13.4%€31.0mabove the sector's middle half▼ 3.6%€35.5mabove the sector's middle half▲ 14.2%€36.2mabove the sector's middle half▲ 2.0%
Total assets€70.6mabove the sector's middle half▲ 3.8%€72.6mabove the sector's middle half▲ 2.7%€78.9mabove the sector's middle half▲ 8.8%€96.7mabove the sector's middle half▲ 22.6%€101.8mabove the sector's middle half▲ 5.2%
Working capital€4.3mabove the sector's middle half▼ 47.4%€9.3mabove the sector's middle half▲ 116%€1.2mwithin the sector's middle half▼ 87.5%€5.7mabove the sector's middle half▲ 389%€1.8mwithin the sector's middle half▼ 67.7%
Solvency40.2%within the sector's middle half▼ 6.8pp44.4%within the sector's middle half▲ 4.2pp39.3%within the sector's middle half▼ 5.0pp36.7%within the sector's middle half▼ 2.7pp35.5%within the sector's middle half▼ 1.1pp
Current ratio1.11within the sector's middle half▼ 0.161.25within the sector's middle half▲ 0.131.03within the sector's middle half▼ 0.221.12within the sector's middle half▲ 0.101.04within the sector's middle half▼ 0.09
Return on assets (ROA)3.0%within the sector's middle half▲ 9.1pp10.8%above the sector's middle half▲ 7.8pp3.6%within the sector's middle half▼ 7.2pp8.7%within the sector's middle half▲ 5.1pp4.7%within the sector's middle half▼ 4.0pp
Staff (FTE)432.4above the sector's middle half▲ 1.1%471.3above the sector's middle half▲ 9.0%485above the sector's middle half▲ 2.9%462.7above the sector's middle half▼ 4.6%450.4above the sector's middle half▼ 2.7%
abovewithinbelowthe middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings.
Result and balance sheet2025
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 12% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €101.8m
47.7%
52.3%
Fixed assets€48.5m ▲ 6.4%
Current assets€53.2m ▲ 4.2%
Equity and liabilities €101.8m
35.5%
64.5%
Equity€36.2m ▲ 2.0%
Debt€65.6m ▲ 7.1%
Debt's share of the balance-sheet total rises from 63.3% to 64.5%. Equity and debt are higher.
Key figures and ratios2025
Key figures and ratios
2025 value · change against 2024
EBITDA
€16.2m▲
2024 · €15.9m
Cash flow
€12.6m▼
2024 · €14.7m
Quick ratio
0.68▼
2024 · 0.69
Debt to equity
1.81▲
2024 · 1.73
ROE
13.3%▼
2024 · 23.7%
Interest coverage
16.31▲
2024 · 12.60
Debt ≤ 1 year
€51.4m▲
2024 · €45.4m
Debt > 1 year
€13.2m▼
2024 · €14.3m
Income taxes
€2.0m▼
2024 · €2.4m
Staff costs
€33.9m▲
2024 · €33.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observation
Peer companies
What happened to companies that once looked just like this one does now. It describes the group, not this company: the figures are counted, not predicted.
Of the 491 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 96% are still going.
Large
20 years or older
solvency 30% or more
a profit under 5% of the balance sheet
0.8%went bankrupt
3.3%stopped otherwise
96%still going
For this company itself Checked computes a higher bankruptcy probability: 2.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
The companies in ten equal groups, from lowest to highest expected share.
Group
Expected
Actual
1
0.2%
0.2%
2
0.3%
0.5%
3
0.5%
0.6%
4
0.7%
0.8%
5
0.9%
1.0%
6
1.3%
1.5%
7
1.6%
1.8%
8
1.8%
1.8%
9
3.0%
3.1%
10
5.6%
6.2%
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 491 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accountsAs filed with the NBB · 2025 against 2024 · 92 lines
Balance sheetCode20242025
Assets
Total assets20/58€96.7m€101.8m▲
Fixed assets21/28€45.6m€48.5m▲
Intangible fixed assets21€1.9m€1.9m▼
Tangible fixed assets22/27€36.8m€40.0m▲
Land and buildings22€4.0m€3.9m▼
Plant, machinery and equipment23€27.8m€30.4m▲
Furniture and vehicles24€0.7m€0.8m▲
Other tangible fixed assets26€3.9m€3.6m▼
Assets under construction and advance payments27€0.3m€1.3m▲
Financial fixed assets28€7.0m€6.7m▼
Affiliated companies280/1€6.5m€6.3m▼
Participating interests280€6.3m€6.3m=
Amounts receivable281€0.2m-
Other financial fixed assets284/8€0.5m€0.4m▼
Amounts receivable and cash guarantees285/8€0.5m€0.4m▼
Current assets29/58€51.1m€53.2m▲
Stocks and contracts in progress3€19.8m€18.1m▼
Stocks30/36€19.8m€18.1m▼
Raw materials and consumables30/31€5.0m€5.9m▲
Work in progress32€0.2m€0.3m▲
Finished goods33€14.3m€11.6m▼
Goods purchased for resale34€0.3m€0.3m▼
Amounts receivable within one year40/41€26.7m€32.4m▲
Trade receivables40€25.7m€31.3m▲
Other amounts receivable41€0.9m€1.1m▲
Cash at bank and in hand54/58€3.9m€1.8m▼
Deferred charges and accrued income490/1€0.7m€0.9m▲
Equity and liabilities
Total equity and liabilities10/49€96.7m€101.8m▲
Equity10/15€35.5m€36.2m▲
Contributions10/11€6.5m€6.5m=
Capital10€6.5m€6.5m=
Issued capital100€6.5m€6.5m=
Reserves13€4.9m€4.9m=
Non-distributable reserves130/1€0.7m€0.7m=
Legal reserve130€0.7m€0.7m=
Tax-exempt reserves132€1.3m€1.1m▼
Distributable reserves133€3.0m€3.2m▲
Profit (loss) carried forward14€24.1m€24.8m▲
Amounts payable17/49€61.3m€65.6m▲
Amounts payable after more than one year17€14.3m€13.2m▼
Financial debts170/4€14.3m€13.2m▼
Credit institutions173€14.3m€13.2m▼
Amounts payable within one year42/48€45.4m€51.4m▲
Current portion of amounts payable after more than one year42€1.9m€3.2m▲
Financial debts43€10.5m€12.6m▲
Credit institutions430/8€10.5m€12.6m▲
Trade debts44€16.8m€17.5m▲
Suppliers440/4€16.8m€17.5m▲
Advances received on contracts in progress46€0.8m€0.9m▲
Taxes, remuneration and social security45€7.5m€8.9m▲
Taxes450/3€1.2m€1.4m▲
Remuneration and social security454/9€6.3m€7.4m▲
Other amounts payable47/48€7.9m€8.4m▲
Accrued charges and deferred income492/3€1.5m€1.1m▼
Income statementCode20242025
Operating income70/76A€134.4m€142.7m▲
Turnover70€127.5m€141.6m▲
Change in stocks of work in progress, finished goods and contracts in progress71€2.4m-€2.6m▼
Other operating income74€4.5m€3.7m▼
Operating charges60/66A€124.9m€134.3m▲
Goods for resale, raw materials and consumables60€51.7m€57.2m▲
Purchases600/8€51.7m€59.4m▲
Change in stocks: decrease (increase)609-€0.007m-€2.2m▼
Services and other goods61€32.4m€33.4m▲
Remuneration, social security and pensions62€33.3m€33.9m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6.3m€7.8m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0.7m€1.4m▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€0.004m-
Other operating charges640/8€0.4m€0.6m▲
Non-recurring operating charges66A€0.004m-
Operating profit (loss)9901€9.6m€8.4m▼
Financial income75/76B€3.2m€0.2m▼
Recurring financial income75€3.2m€0.2m▼
Income from financial fixed assets750€3.0m€0.03m▼
Income from current assets751€0.01m€0.002m▼
Other financial income752/9€0.2m€0.1m▼
Financial charges65/66B€2.0m€1.7m▼
Recurring financial charges65€2.0m€1.7m▼
Debt charges650€1.3m€1.0m▼
Other financial charges652/9€0.7m€0.7m▲
Profit (loss) for the period before taxes9903€10.8m€6.8m▼
Income taxes67/77€2.4m€2.0m▼
Taxes670/3€2.4m€2.0m▼
Profit (loss) for the period9904€8.4m€4.8m▼
Transfer from tax-exempt reserves789-€0.2m
Profit (loss) for the period to be appropriated9905€8.4m€5.0m▼
Appropriation of the result
Profit (loss) to be appropriated9906€28.1m€29.1m▲
Profit (loss) brought forward from the previous period14P€19.7m€24.1m▲
Transfer to equity691/2-€0.2m
To other reserves6921-€0.2m
Profit to be distributed694/7€4.0m€4.1m▲
Return on contributions (dividend)694€4.0m€4.1m▲
Social balance
Average headcount (FTE)9087462.7450.4▼
The notes to these accounts (70 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Line
2021
2022
2023
2024
2025
Change
Operating income70/76A
€92.8m
€112.2m
€120.4m
€134.4m
€142.7m
▲ 6.1%
Turnover70
€90.7m
€104.7m
€113.8m
€127.5m
€141.6m
▲ 11.0%
Change in stocks of work in progress, finished goods and contracts in progress71
-€0.3m
€3.0m
€1.3m
€2.4m
-€2.6m
▼ 206%
Other operating income74
€2.4m
€4.4m
€5.3m
€4.5m
€3.7m
▼ 17.8%
Non-recurring operating income76A
-
€0.06m
-
-
-
-
Operating charges60/66A
€90.4m
€106.0m
€114.4m
€124.9m
€134.3m
▲ 7.5%
Goods for resale, raw materials and consumables60
€38.3m
€46.7m
€45.7m
€51.7m
€57.2m
▲ 10.6%
Purchases600/8
€37.6m
€48.7m
€46.9m
€51.7m
€59.4m
▲ 14.8%
Change in stocks: decrease (increase)609
€0.7m
-€2.0m
-€1.2m
-€0.007m
-€2.2m
▼ 32,163%
Services and other goods61
€23.0m
€27.1m
€30.7m
€32.4m
€33.4m
▲ 3.2%
Remuneration, social security and pensions62
€24.4m
€27.7m
€31.9m
€33.3m
€33.9m
▲ 1.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630
€4.4m
€4.5m
€4.8m
€6.3m
€7.8m
▲ 22.8%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4
-
-€0.7m
€0.6m
€0.7m
€1.4m
▲ 92.9%
Provisions for liabilities and charges: additions (uses and reversals)635/8
-€0.01m
-€0.01m
-€0.006m
-€0.004m
-
-
Other operating charges640/8
€0.4m
€0.6m
€0.7m
€0.4m
€0.6m
▲ 36.8%
Non-recurring operating charges66A
-
€0.04m
€0.1m
€0.004m
-
-
Operating profit (loss)9901
€2.4m
€6.2m
€6.0m
€9.6m
€8.4m
▼ 11.9%
Financial income75/76B
€0.4m
€4.4m
€0.3m
€3.2m
€0.2m
▼ 95.2%
Recurring financial income75
€0.4m
€4.4m
€0.3m
€3.2m
€0.2m
▼ 95.2%
Income from financial fixed assets750
€0.02m
€4.0m
€0.03m
€3.0m
€0.03m
▼ 99.1%
Income from current assets751
€0.04m
€0.03m
€0.02m
€0.01m
€0.002m
▼ 79.5%
Other financial income752/9
€0.3m
€0.4m
€0.2m
€0.2m
€0.1m
▼ 34.2%
Non-recurring financial income76B
€0.003m
-
€0.02m
-
-
-
Financial charges65/66B
€0.6m
€0.7m
€2.3m
€2.0m
€1.7m
▼ 10.9%
Recurring financial charges65
€0.6m
€0.7m
€2.3m
€2.0m
€1.7m
▼ 10.9%
Debt charges650
€0.2m
€0.2m
€0.9m
€1.3m
€1.0m
▼ 21.3%
Other financial charges652/9
€0.4m
€0.6m
€1.4m
€0.7m
€0.7m
▲ 8.1%
Profit (loss) for the period before taxes9903
€2.2m
€9.8m
€4.0m
€10.8m
€6.8m
▼ 36.8%
Income taxes67/77
€0.1m
€2.0m
€1.2m
€2.4m
€2.0m
▼ 15.6%
Taxes670/3
€0.1m
€2.0m
€1.7m
€2.4m
€2.0m
▼ 15.6%
Tax adjustments and reversals of tax provisions77
€82
-
€0.5m
-
-
-
Profit (loss) for the period9904
€2.1m
€7.8m
€2.8m
€8.4m
€4.8m
▼ 42.9%
Transfer from tax-exempt reserves789
-
€0.7m
€0.9m
-
€0.2m
-
Transfer to tax-exempt reserves689
-
€0.4m
€0.8m
-
-
-
Profit (loss) for the period to be appropriated9905
€2.1m
€8.1m
€2.8m
€8.4m
€5.0m
▼ 40.4%
Line
2021
2022
2023
2024
2025
Change
Assets
Total assets20/58
€70.6m
€72.6m
€78.9m
€96.7m
€101.8m
▲ 5.2%
Fixed assets21/28
€28.8m
€25.8m
€32.8m
€45.6m
€48.5m
▲ 6.4%
Intangible fixed assets21
€2.1m
€1.9m
€1.6m
€1.9m
€1.9m
▼ 1.7%
Tangible fixed assets22/27
€16.6m
€17.1m
€24.4m
€36.8m
€40.0m
▲ 8.7%
Land and buildings22
€2.3m
€2.2m
€3.7m
€4.0m
€3.9m
▼ 2.3%
Plant, machinery and equipment23
€9.6m
€9.3m
€16.0m
€27.8m
€30.4m
▲ 9.2%
Furniture and vehicles24
€0.4m
€0.6m
€0.6m
€0.7m
€0.8m
▲ 13.0%
Other tangible fixed assets26
€4.1m
€4.1m
€4.0m
€3.9m
€3.6m
▼ 7.8%
Assets under construction and advance payments27
€0.2m
€0.8m
€0.09m
€0.3m
€1.3m
▲ 292%
Financial fixed assets28
€10.0m
€6.8m
€6.8m
€7.0m
€6.7m
▼ 3.9%
Affiliated companies280/1
€9.7m
€6.5m
€6.5m
€6.5m
€6.3m
▼ 3.4%
Participating interests280
€6.3m
€6.3m
€6.3m
€6.3m
€6.3m
=
Amounts receivable281
€3.5m
€0.2m
€0.2m
€0.2m
-
-
Other financial fixed assets284/8
€0.3m
€0.3m
€0.3m
€0.5m
€0.4m
▼ 10.1%
Amounts receivable and cash guarantees285/8
€0.3m
€0.3m
€0.3m
€0.5m
€0.4m
▼ 10.1%
Current assets29/58
€41.9m
€46.8m
€46.2m
€51.1m
€53.2m
▲ 4.2%
Stocks and contracts in progress3
€10.7m
€16.1m
€17.8m
€19.8m
€18.1m
▼ 8.5%
Stocks30/36
€10.7m
€16.1m
€17.8m
€19.8m
€18.1m
▼ 8.5%
Raw materials and consumables30/31
€4.2m
€6.7m
€5.7m
€5.0m
€5.9m
▲ 19.5%
Work in progress32
€0.3m
€0.3m
€0.3m
€0.2m
€0.3m
▲ 32.7%
Finished goods33
€6.0m
€9.1m
€11.7m
€14.3m
€11.6m
▼ 18.5%
Goods purchased for resale34
€0.1m
€0.09m
€0.2m
€0.3m
€0.3m
▼ 18.8%
Amounts receivable within one year40/41
€26.3m
€25.0m
€26.4m
€26.7m
€32.4m
▲ 21.6%
Trade receivables40
€25.4m
€22.7m
€24.5m
€25.7m
€31.3m
▲ 21.7%
Other amounts receivable41
€0.9m
€2.3m
€1.9m
€0.9m
€1.1m
▲ 19.9%
Current investments50/53
-
€1.9m
-
-
-
-
Other investments51/53
-
€1.9m
-
-
-
-
Cash at bank and in hand54/58
€4.4m
€3.2m
€1.6m
€3.9m
€1.8m
▼ 53.3%
Deferred charges and accrued income490/1
€0.4m
€0.6m
€0.4m
€0.7m
€0.9m
▲ 20.1%
Equity and liabilities
Total equity and liabilities10/49
€70.6m
€72.6m
€78.9m
€96.7m
€101.8m
▲ 5.2%
Equity10/15
€28.4m
€32.2m
€31.0m
€35.5m
€36.2m
▲ 2.0%
Contributions10/11
€6.5m
€6.5m
€6.5m
€6.5m
€6.5m
=
Capital10
€6.5m
€6.5m
€6.5m
€6.5m
€6.5m
=
Issued capital100
€6.5m
€6.5m
€6.5m
€6.5m
€6.5m
=
Reserves13
€3.6m
€4.0m
€4.9m
€4.9m
€4.9m
=
Non-distributable reserves130/1
€0.7m
€0.7m
€0.7m
€0.7m
€0.7m
=
Legal reserve130
€0.7m
€0.7m
€0.7m
€0.7m
€0.7m
=
Tax-exempt reserves132
€1.6m
€1.3m
€1.3m
€1.3m
€1.1m
▼ 16.6%
Distributable reserves133
€1.4m
€2.1m
€3.0m
€3.0m
€3.2m
▲ 7.1%
Profit (loss) carried forward14
€18.3m
€21.7m
€19.7m
€24.1m
€24.8m
▲ 2.9%
Provisions and deferred taxes16
€0.02m
€0.01m
€0.004m
-
-
-
Provisions for liabilities and charges160/5
€0.02m
€0.01m
€0.004m
-
-
-
Pensions and similar obligations160
€0.02m
€0.01m
€0.004m
-
-
-
Amounts payable17/49
€42.2m
€40.3m
€47.9m
€61.3m
€65.6m
▲ 7.1%
Amounts payable after more than one year17
€3.3m
€1.7m
€1.7m
€14.3m
€13.2m
▼ 8.2%
Financial debts170/4
€3.3m
€1.7m
€1.7m
€14.3m
€13.2m
▼ 8.2%
Credit institutions173
€3.3m
€1.7m
€1.7m
€14.3m
€13.2m
▼ 8.2%
Amounts payable within one year42/48
€37.6m
€37.5m
€45.0m
€45.4m
€51.4m
▲ 13.2%
Current portion of amounts payable after more than one year42
€1.7m
€1.7m
€6.2m
€1.9m
€3.2m
▲ 69.6%
Financial debts43
€5.5m
€7.1m
€6.8m
€10.5m
€12.6m
▲ 19.5%
Credit institutions430/8
€5.5m
€7.1m
€6.8m
€10.5m
€12.6m
▲ 19.5%
Trade debts44
€12.3m
€13.4m
€15.5m
€16.8m
€17.5m
▲ 4.0%
Suppliers440/4
€12.3m
€13.4m
€15.5m
€16.8m
€17.5m
▲ 4.0%
Advances received on contracts in progress46
€0.7m
€0.6m
€0.8m
€0.8m
€0.9m
▲ 6.7%
Taxes, remuneration and social security45
€4.3m
€5.7m
€5.1m
€7.5m
€8.9m
▲ 18.0%
Taxes450/3
€0.5m
€1.1m
€0.6m
€1.2m
€1.4m
▲ 16.5%
Remuneration and social security454/9
€3.8m
€4.6m
€4.5m
€6.3m
€7.4m
▲ 18.3%
Other amounts payable47/48
€13.2m
€9.0m
€10.7m
€7.9m
€8.4m
▲ 6.9%
Accrued charges and deferred income492/3
€1.3m
€1.1m
€1.2m
€1.5m
€1.1m
▼ 30.1%
Line
2021
2022
2023
2024
2025
Change
Profit (loss) for the period9904
€2.1m
€7.8m
€2.8m
€8.4m
€4.8m
▼ 42.9%
+ Depreciation and write-downs630
€4.4m
€4.5m
€4.8m
€6.3m
€7.8m
▲ 22.8%
Operating cash flow (approximation)
€6.6m
€12.3m
€7.7m
€14.7m
€12.6m
▼ 14.7%
Investment in fixed assets (approximation)
-
-€1.5m
-€11.8m
-€19.2m
-€10.7m
▲ 44.4%
Change in cash
-
-€1.2m
-€1.7m
€2.3m
-€2.1m
▼ 189%
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Of 728 companies in this sector we hold annual accounts for 355. 48 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Board & ownership
8 directorsParent COMPAGNIE DU BOIS SAUVAGE · 100%2 holdingsAuditor BV PwC Bedrijfsrevisoren
Directors
Directors
Directors
Who runs the company today and since when, grouped the way the CBE groups its function holders. Many recent board changes are a reason to keep a close eye.
8 directors, 9 in day-to-day management, no change since 2025
Afgevaardigd tot het dagelijks bestuur · Public limited company · perm. rep.: Joseph Linkens
Not recently confirmed
Permanent representatives 10
GP
Philip Geeraert
Permanent representative · since 01-06-2021 · for Shinka BV
Current
BA
Alexandra Bevernage
Permanent representative · since 05-12-2023 · for Manilex
Current
RA
Ann De Rycke
Permanent representative · since 05-12-2023 · for BRISI INVEST
Current
DB
Bernard Deryckere
Permanent representative · since 05-12-2023 · for Lighthouse.BD
Current
BI
Isabel Baert
Permanent representative · since 05-12-2023 · for BELLEGRO
Current
VT
Tom Vermeiren
Permanent representative · since 05-12-2023 · for Tot Maandag!
Current
TG
Geert Tuytens
Permanent representative · since 22-02-2024 · for GETUROMI
Current
BB
Barbara Billiet
Permanent representative · since 01-01-2025 · for A Bigger Splash
Current
Show all 10 representatives
LL
Lode Van Laere
Permanent representative · since 01-05-2025 · for LOVAL
Current
GW
Wim Geuens
Permanent representative · since 01-05-2025 · for GiGi engineering
Current
3 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
HC
Christian Haas
Permanent representative · since 26-04-2005 · for Soparcif s.a.s.
Not recently confirmed
DI
Ignace Van Doorselaere
Permanent representative · since 01-01-2017 · for 4F
Not recently confirmed
LJ
Joseph Linkens
Permanent representative · for Grimobel
Not recently confirmed
Statutory auditor 1
BP
BV PwC Bedrijfsrevisoren
Auditor · since 10-06-2026 · perm. rep.: Annelies Deplancke
Current
"From a recent act": read from a Gazette act not yet processed into our list of directors.
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Mandate history
Mandate history
Who held which function and when, per person: one bar per period, from appointment to resignation or to today. An open left edge means the mandate began before the oldest act we hold.
Who owns the company and which companies it holds shares in, as the companies file it in their annual accounts. It shows which group it belongs to and who ultimately stands behind it.
According to the 2025 annual accounts of NEUHAUS and those of the other companies, the acts in the Belgian Gazette and the LEI register.
The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
Connections & network
Which other companies are linked to this one through directors or shares. Look especially for linked companies in trouble.
27 connected companies
Depth
Shared directors
This companyCompanyDirectorShareholding+N: links not shown yetClick a node to look further, drag to arrange, scroll to zoom.
When capital was put in or taken out. An increase often strengthens the company; a reduction deserves a look.
Capital over the years
15-03-2024Capital stated in the act · €6,500,000 · 930,000 shares
26-05-2014Capital reduction of €6,622,863.31 · to €6,500,000 · repaid to the shareholders
09-07-2009Capital increase of €7,890,513 · to €22,922,863.31 · from reserves
09-07-2009Capital reduction of €9,800,000 · to €13,122,863.31 · repaid to the shareholders
Timeline
40 eventsLatest 10-06-2026Next filing 31-07-2027
History
History
The company's story in a few sentences, from the company register, the Belgian State Gazette and the filed annual accounts. Each number opens the document the sentence rests on.
On 1 June 1969, NEUHAUS was incorporated.1A capital increase in 2009 brought the capital to €22.9m.2The name was changed to Lighthouse.BD BVBA in 2018 and to Removal of short name 'N-M' in 2024.34Of the 8 current board members, Valérie Paquot has served longest, since 2015.5Revenue went from €85.0m in 2018 to €141.6m in 2025 and headcount from 376 to 450 full-time equivalents.6
Next filing, fiscal year 2026, expected by
31-07-2027
2026
10-06
State Gazette actResignation: Deloitte Bedrijfsrevisoren BV (statutory auditor)
Permanent representatives: Kurt Dehoorne and Annelies Deplancke · Appointment: PwC Bedrijfsrevisoren BV (statutory auditor) · Power of attorney8 facts ▸
State Gazette actReappointment: Deloitte Bedrijfsrevisoren BV (statutory auditor)
Permanent representatives: Kurt Dehoome, Andrew Lestiboudois and 4 others · Resignations: Caleas GCV (member of the management board) and Aprecitas BV (member of the management board) · Appointments: A Bigger Splash BV, GiGi Engineering BV and Lovai BV23 facts ▸
Director resignation, Caleas GCV (member of the management board)
Permanent representative, Andrew Lestiboudois
Director resignation, Aprecitas BV (member of the management board)
Permanent representative, Quirin Dalemans
Director appointment, A Bigger Splash BV (member of the management board)
Permanent representative, Barbara Billiet
+11 further facts in this act
27-06
NBB filingAnnual accounts filed
fiscal year 2024 · full schema
2024
31-12
FinancialHighest result since 2018net €8.4m ▲196%
Operating result €9.6m, net result €8.4m, both a record.
04-09
State Gazette actResignation: Shinka BV (member of the management board)
Permanent representatives: Philip Geeraert, Bernard Deryckere and Geert Tuytens · Reappointment: Lighthouse BD BVBA (lid van de raad van toezicht) · Appointment: Geturomi BV (lid van de raad van toezicht)13 facts ▸
Board meeting, 17-04-2024
Director resignation, Shinka BV (member of the management board)
Permanent representative, Philip Geeraert
Power of attorney, Tetra Law
Board meeting, 19-04-2024
Power of attorney, Tetra Law
Power of attorney, Tetra Law
General meeting, 29-04-2024
Director reappointment, Lighthouse BD BVBA (lid van de raad van toezicht)
Permanent representative, Bernard Deryckere
Director appointment, Geturomi BV (lid van de raad van toezicht)
Permanent representative, Geert Tuytens
+1 further facts in this act
24-06
NBB filingAnnual accounts filed
fiscal year 2023 · full schema
13-05
State Gazette actResignations: BELLEGRO, BRISI INVEST and 4 others
Appointments: BELLEGRO, BRISI INVEST and 5 others · Permanent representatives: Isabel Baert, Ann De Rycke and 5 others · Power of attorney27 facts ▸
Board meeting, 12-12-2023
Director resignation, BELLEGRO (lid van het voormalig directiecomité)
Director resignation, BRISI INVEST (lid van het voormalig directiecomité)
Director resignation, Tot Maandag! (lid van het voormalig directiecomité)
Director resignation, Manilex (lid van het voormalig directiecomité)
Director resignation, Caleas (lid van het voormalig directiecomité)
Director resignation, Shinka (lid van het voormalig directiecomité)
Director appointment, BELLEGRO (member of the management board)
Director appointment, BRISI INVEST (member of the management board)
Director appointment, Tot Maandag! (member of the management board)
Director appointment, Manilex (member of the management board)
Director appointment, Caleas (member of the management board)
+15 further facts in this act
15-03
State Gazette actResignations: LIGHTHOUSE BD, PAQUOT Valérie Claude Philippe Carmen and 2 others
Appointments: LIGHTHOUSE BD, PAQUOT Valérie Claude Philippe Carmen and 2 others · Permanent representative: DERYCKERE Bernard Pierre Jean · Name change15 facts ▸
General meeting, 05-12-2023
Name change, Removal of short name 'N-M'
Purpose change, Expansion of corporate object
Capital, €6.500.000
Governance structure, Two-tier board structure: raad van toezicht (min. 3 members, appointed by AG for max 6 years) + directieraad (min. 3 members, appointed by the supervisory board…
Director resignation, LIGHTHOUSE BD (director)
Director resignation, PAQUOT Valérie Claude Philippe Carmen (director)
Director resignation, TERMOTE Vincent Ludovic Pierre (director)
Director resignation, DECKERS Benoît Christian Claude Raymond Marie (director)
Director appointment, LIGHTHOUSE BD (lid van de raad van toezicht)
Director appointment, PAQUOT Valérie Claude Philippe Carmen (lid van de raad van toezicht)
Director appointment, TERMOTE Vincent Ludovic Pierre (lid van de raad van toezicht)
+3 further facts in this act
29-02
State Gazette actReappointments: Deloitte Bedrijfsrevisoren BV, Valérie Paquot and Vincent Termote
Resignations: UNITED BELGIAN CHOCOLATE MAKERS NV, WYNWOOD BV and 2 others · Appointments: Benoît Deckers, Tot Maandag! BV and BELLEGRO BV · Permanent representative: Isabel Baert27 facts ▸
Director resignation, UNITED BELGIAN CHOCOLATE MAKERS NV (director)
Director appointment, Benoît Deckers (director)
Power of attorney, Tetra Law
Board meeting, 25-11-2022
Director resignation, WYNWOOD BV (member of the executive committee)
Director resignation, Tom Vermeiren (member of the executive committee)
Director appointment, Tot Maandag! BV (member of the executive committee)
Power of attorney, Tetra Law
+15 further facts in this act
2023
20-06
NBB filingAnnual accounts filed
fiscal year 2022 · full schema
2022
22-06
NBB filingAnnual accounts filed
fiscal year 2021 · full schema
Show earlier events
02-05
State Gazette actResignations: IKIGAY BV (member of the executive committee) and Philip Geeraert (member of the executive committee)
Appointments: Tom Vermeiren (member of the executive committee) and Shinka BV (member of the executive committee) · Permanent representative: Philip Geeraert · Mandate compensation11 facts ▸
Board meeting, 22-03-2022
Director resignation, IKIGAY BV (member of the executive committee)
Director appointment, Tom Vermeiren (member of the executive committee)
Mandate compensation, Tom Vermeiren
Director resignation, Philip Geeraert (member of the executive committee)
Director appointment, Shinka BV (member of the executive committee)
Permanent representative, Philip Geeraert
Board meeting, 22-03-2022
Power of attorney, IKIGAY BV
Power of attorney, Tom Vermeiren
Employment compensation, bezoldigd
2021
31-12
FinancialBack to profitnet €2.1m
Net result €2.1m after one loss-making year.
12-08
State Gazette actResignations: Supply Value BV, Candry BV and LJD Consult BV
Appointment: Brisi Invest BV (member of the executive committee) · Power of attorney16 facts ▸
Board meeting, 20-11-2020
Director resignation, Supply Value BV (member of the executive committee)
Director resignation, Candry BV (member of the executive committee)
Director resignation, LJD Consult BV (member of the executive committee)
Director appointment, Brisi Invest BV (member of the executive committee)
Board meeting, 22-02-2021
Power of attorney, LJD Consult BV
Power of attorney, IKIGAI BV
Power of attorney, Ignace Van Doorslaere
Power of attorney, Valérie Pacquot
Power of attorney, Isabel Baert
Power of attorney, Ann de Rycke
+4 further facts in this act
24-06
NBB filingAnnual accounts filed
fiscal year 2020 · full schema
20-05
State Gazette actReappointment: Lighthouse BD BVBA (statutory auditor)
Permanent representatives: Bernard Deryckere, Kurt DEHOORNE and Rick Neckebroeck5 facts ▸
General meeting, 29-06-2020
Auditor reappointment, Lighthouse BD BVBA
Permanent representative, Bernard Deryckere
Permanent representative, Kurt DEHOORNE
Permanent representative, Rick Neckebroeck
2020
31-12
FinancialWeakest financial yearnet -€4.2m
Net result drops to -€4.2m, the lowest in the series; recovery starts the following year.
24-07
NBB filingAnnual accounts filed
fiscal year 2019 · full schema
2019
11-07
State Gazette actResignation: Geoffroy van Raemdonck (director)
Appointment: Vincent Termote (director) · Reappointments: Valérie Paquot, U.B.C.M. NV and Deloitte · Permanent representative: Benoit Deckers7 facts ▸
General meeting, 29-04-2019
Director resignation, Geoffroy van Raemdonck (director)
Director appointment, Vincent Termote (director)
Director reappointment, Valérie Paquot (director)
Director reappointment, U.B.C.M. NV (director)
Permanent representative, Benoit Deckers
Auditor reappointment, Deloitte
17-06
NBB filingAnnual accounts filed
fiscal year 2018 · full schema
2018
18-09
State Gazette actResignation: Compagnie du Bois Sauvage Services (director)
Permanent representative: Benoit Deckers · Name change4 facts ▸
General meeting, 30-04-2018
Director resignation, Compagnie du Bois Sauvage Services (director)
Name change, Lighthouse.BD BVBA
Permanent representative, Benoit Deckers
10-09
State Gazette actAppointments: BVBA 4F, Ignace VAN DOORSELAERE and 17 others
Management committee meeting · Power of attorney24 facts ▸
Board meeting, 15-06-2017
Board meeting, 19-06-2018
Management committee meeting, 26-06-2018
Director appointment, BVBA 4F (member of the executive committee)
Director appointment, Ignace VAN DOORSELAERE (dagelijks bestuurder en voorzitter van het directiecomité)
Director appointment, BVBA CANDRY (member of the executive committee)
Director appointment, Edwin CANDRY (member of the executive committee)
Director appointment, BVBA LID CONSULT (member of the executive committee)
Director appointment, Annemie REYDAMS (member of the executive committee)
Director appointment, BVBA SUPPLY VALUE (member of the executive committee)
Director appointment, Miel VAN WANROY (member of the executive committee)
Director appointment, BVBA BELLEGRO (member of the executive committee)
+12 further facts in this act
26-06
NBB filingAnnual accounts filed
fiscal year 2017 · full schema
2017
14-09
State Gazette actResignation: Seneca NV (director)
Permanent representatives: De Bruyckere Luc and Deckers Benoit · Reappointment: Compagnie du Bois Sauvage Services (director) · Appointment: van Raemdonck Geoffroy (director)6 facts ▸
General meeting, 25/04/2017
Director resignation, Seneca NV (director)
Permanent representative, De Bruyckere Luc
Director reappointment, Compagnie du Bois Sauvage Services (director)
Permanent representative, Deckers Benoit
Director appointment, van Raemdonck Geoffroy (director)
20-06
NBB filingAnnual accounts filed
fiscal year 2016 · full schema
15-05
State Gazette actResignations & appointments
Statutes amendment3 facts ▸
General meeting, 26/04/2017
Statutes amendment
Statutes amendment
12-01
State Gazette actResignations: Joseph Linkens (managing director and director) and Grimobel (afgevaardigde tot het dagelijks bestuur)
Appointment: 4F (afgevaardigde tot het dagelijks bestuur) · Permanent representatives: Ignace Van Doorselaere and Benolt Deckers6 facts ▸
Board meeting, 15-12-2016
Director resignation, Joseph Linkens (managing director and director)
Director resignation, Grimobel (afgevaardigde tot het dagelijks bestuur)
Director appointment, 4F (afgevaardigde tot het dagelijks bestuur (chief executive officer))
Permanent representative, Ignace Van Doorselaere
Permanent representative, Benolt Deckers
2016
14-12
State Gazette actReappointment: Deloitte (statutory auditor)
Permanent representative: Benoît Deckers3 facts ▸
General meeting, 26-04-2016
Auditor reappointment, Deloitte
Permanent representative, Benoît Deckers
03-11
State Gazette actAppointment: Bernard Deryckere BVBA (director)
Permanent representative: Bernard Deryckere3 facts ▸
General meeting, 20-09-2016
Director appointment, Bernard Deryckere BVBA (director)
Permanent representative, Bernard Deryckere
2015
03-04
State Gazette actResignations: PAQUOT Guy (director) and REYDAMS Anna (director)
Permanent representatives: LINKENS Joseph, VAN GANSBERGHE Frédéric and 2 others · Appointments: PAQUOT Valérie (director) and Seneca NV (director) · Reappointment: Neuhaus Holding NV (director)13 facts ▸
General meeting, 16-03-2015
Director resignation, PAQUOT Guy (director)
Director resignation, REYDAMS Anna (director)
Permanent representative, LINKENS Joseph
Permanent representative, VAN GANSBERGHE Frédéric
Permanent representative, VAN GANSBERGHE Frédéric
Permanent representative, DECKERS Benoit
Director appointment, PAQUOT Valérie (director)
Director appointment, Seneca NV (director)
Permanent representative, DE BRUYCKERE Luc
Director reappointment, Neuhaus Holding NV (director)
Board meeting, 17-03-2015
+1 further facts in this act
2014
26-05
State Gazette actCapital & shares
Capital decrease · Statutes amendment · Capital4 facts ▸
General meeting, 09-05-2014
Capital decrease, €6.622.863,31
Statutes amendment
Capital, €6.500.000
2013
24-07
State Gazette actReappointments: Joseph Linkens (afgevaardigd bestuurder) and Grimobel (afgevaardigd tot het dagelijks bestuur)
Permanent representative: Joseph Linkens4 facts ▸
Board meeting, 13-06-2013
Director reappointment, Joseph Linkens (afgevaardigd bestuurder)
Director reappointment, Grimobel (afgevaardigd tot het dagelijks bestuur)
Permanent representative, Joseph Linkens
28-05
State Gazette actResignations: European Company of Stake (director) and Compagnie du Bois Sauvage Services (director)
Appointment: Compagnie du Bois Sauvage Services (director) · Permanent representative: VAN GANSBERGHE Frederic · Reappointments: LINKENS Joseph (director) and Deloitte (statutory auditor)8 facts ▸
General meeting, 30-04-2013
Director resignation, European Company of Stake (director)
Director resignation, Compagnie du Bois Sauvage Services (director)
Director appointment, Compagnie du Bois Sauvage Services (director)
Scores and ratios are computed by Checked and are not a credit decision.
Articles of association
PurposeThe activities the company may carry out under its articles.
De vennootschap heeft tot voorwerp, zowel voor eigen rekening als voor rekening van derden, of in deelname met derden, zelf of door bemiddeling van elke andere natuurlijke of…
Full purpose
De vennootschap heeft tot voorwerp, zowel voor eigen rekening als voor rekening van derden, of in deelname met derden, zelf of door bemiddeling van elke andere natuurlijke of rechtspersoon, in België of in het buitenland: a) de fabricage, de aankoop, de verkoop, de verhandeling van alle cacao-, banket- en suikerproducten met inbegrip van ijscrème, van aanverwante producten en derivaten, van alle andere voedings- en vervangingswaren, alsmede de aankoop, de verkoop en de vertegenwoordiging ten bijkomende titel, van geschenk- en verpakkingsartikelen; b) alle verrichtingen van mandaat, beheer en commissie betreffende roerende en onroerende goederen en gelijk welke rechten en in het algemeen alle verrichtingen die voortvloeien uit het hoofdvoorwerp; c) alle financiële verrichtingen en namelijk de aankoop, de ruiling en de verkoop van alle roerende waren; alle commissie- en delcredere verrichtingen; de vertegenwoordiging ten titel van commissionair, van mandataris of agent, van alle openbare of private natuurlijke of rechtspersonen; alle daden en verrichtingen voor rekening van derden, alle verbintenissen ten titel van borg, aval of om het even welke waarborg voor rekening van derden. De vennootschap mag, hetzij bij middel van inbreng, afstand, onderschrijving, deelneming, samensmelting, financiële tussenkomst, hetzij bij middel van aankoop, verkoop of ruiling van alle roerende waarden, hetzij om op het even welke andere manier, zich interesseren in alle bestaande of toekomstige vennootschappen, ondernemingen of verenigingen in België zowel als in het buitenland, welke ook hun vorm weze. De vennootschap mag, in één woord, alle burgerlijke, handels-, nijverheids-, financiële, roerende, onroerende of andere verrichtingen of handelingen doen, die rechtstreeks of onrechtstreeks, geheel of gedeeltelijk in verband staan met één of ander deel van haar voorwerp of die eenvoudig nuttig zijn of dit voorwerp vergemakkelijken. De voorgaande beschikkingen dienen in hun breedste zin opgevat te worden.