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FUTERRO

Active
Public limited companyfounded 200719 yrs activeRue du Renouveau 1, 7760 Celles (lez-Tournai), BelgiumKBO/BCE: BE 0892.199.070
Summary

FUTERRO has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €15.4m and a net result of -€6.1m. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2026
Axes · tick = 2025
Profitability0=
Solvency77▼-10
Growth68=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €280,000 at 30 days acceptable
Liquidity short (current ratio 0.84 against 1.64 in 2025; short-term debt: 34.9% and cash: 1.5% of total assets), and 47.9% of the assets are financed with debt.
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Signals

Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 20
Relative position
BE, all sectors
reference
Manufacture of chemicals and chemical products (NACE 20)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · 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
highest failure risk from 2 to 8 years 19 years 0 20 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026
Solvency, return and age of the figures
Solvency
52.1%
Return on assets
-20.6%
Age of the figures
6 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026
Net result per financial year
1920212223242526
2019 to 2026 · latest year -€6.1m
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 14-07-2026, 109 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
109 d early
2025
82 d late
2024
56 d early
2023
5 d early
2022
35 d early
2021
62 d early
2020
95 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 40 days before the deadline; the sector median for financial year 2024 is 22 days before the deadline, and 27% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-03-2027 close31-10-2027 deadline
neutral · 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

History

FUTERRO was incorporated on 13 September 2007.1 The registered office was moved to Escanaffles in 2010.2 Between 2012 and 2025 the capital was increased 9 times, most recently to EUR 25 million.345 The board currently has 14 members; Frédéric van Gansberghe has served longest, since 2014.6 Revenue grew from EUR 7,152 in 2019 to EUR 2.9 million in 2026 and headcount from 9 full-time equivalents in 2020 to 27.7 in 2026.7

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 14-09-2010
  3. 3Belgian State Gazette, 08-03-2012
  4. 4Belgian State Gazette, 04-12-2024
  5. 5Belgian State Gazette, 03-04-2025
  6. 6Belgian State Gazette, 31-08-2023
  7. 7National Bank, annual accounts 2019, 2020 and 2026

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Financials · fiscal year 2026, full schema

Turnover
€2.9m▲ 71.2%
2025 · €1.7m
EBIT margin
-172.2%▲ 167.5pp
2025 · -339.7%
Net result
-€6.1m▼ 8.6%
2025 · -€5.6m
Working capital
-€1.6m
2025 · €6.3m
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20222023202420252026
Turnover€34,415€264,388▲ 668%€1.7m▲ 556%€1.7m▼ 3.4%€2.9m▲ 71.2%
Operating result-€4.0m▲ 10.8%-€4.4m▼ 10.0%-€2.5m▲ 41.9%-€5.7m▼ 124%-€4.9m▲ 13.2%
Net result-€4.0m▲ 10.8%€974,227-€3.2m-€5.6m▼ 75.5%-€6.1m▼ 8.6%
EBIT margin-11516.7%-1648.6%▲ 9868.1pp-146.1%▲ 1502.4pp-339.7%▼ 193.6pp-172.2%▲ 167.5pp
Equity€3.1m▼ 56.0%€4.1m▲ 31.2%€5.9m▲ 44.1%€21.3m▲ 261%€15.4m▼ 27.6%
Total assets€12.6m▼ 14.9%€11.7m▼ 6.8%€15.4m▲ 30.7%€34.6m▲ 125%€29.6m▼ 14.4%
Debt€9.4m▲ 21.4%€7.7m▼ 18.3%€9.5m▲ 23.6%€11.2m▲ 18.8%€11.4m▲ 1.1%
Working capital-€1.2m-€4.6m▼ 282%€1.6m€6.3m▲ 293%-€1.6m
Staff (FTE)10.3▲ 22.6%15.1▲ 46.6%22.5▲ 49.0%22.6▲ 0.4%27.7▲ 22.6%
Why a figure moved sharply
  • 2025 Equity +261%, Total assets +125% on 2024. Capital increase of €11,793,454 (Official Gazette 04-12-2024). Capital increase of €5,000,000 (Official Gazette 12-04-2024).
Result per fiscal year
Operating resultNet result
-€8.0m-€6.0m-€4.0m-€2.0m€0Operating result 2022: -€4.0m-€4.0mNet result 2022: -€4.0m-€4.0mOperating result 2023: -€4.4m-€4.4mNet result 2023: €974,227€974,227Operating result 2024: -€2.5m-€2.5mNet result 2024: -€3.2m-€3.2mOperating result 2025: -€5.7m-€5.7mNet result 2025: -€5.6m-€5.6mOperating result 2026: -€4.9m-€4.9mNet result 2026: -€6.1m-€6.1m20222023202420252026-€8m-€6m-€4m-€2m€0Operating result 2024: -€2.5m-€2.5mNet result 2024: -€3.2m-€3.2mOperating result 2025: -€5.7m-€5.7mNet result 2025: -€5.6m-€5.6mOperating result 2026: -€4.9m-€4.9mNet result 2026: -€6.1m-€6.1m202420252026
The operating result stays negative: a loss of €4.9m in 2026 against €5.7m in 2025; the loss shrinks.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €29.6m
Fixed assets €20.9m ▲ 12.4%
Current assets €8.7m ▼ 45.5%
Equity and liabilities €29.6m
Equity €15.4m ▼ 27.6%
Provisions €2.8m ▲ 37.4%
Debt €11.4m ▲ 1.1%
Debt's share of the balance-sheet total rises from 32.5% to 38.4%. Equity is lower and debt is higher.
Key figures and ratios
2026 value · change against 2025
EBITDA
-€4.8m▲
2025 · -€5.6m
Cash flow
-€6.0m▼
2025 · -€5.5m
Current ratio
0.84▼
2025 · 1.64
Quick ratio
0.75▼
2025 · 1.42
Debt to equity
0.74▲
2025 · 0.53
ROE
-39.5%▼
2025 · -26.3%
ROA
-20.6%▼
2025 · -16.2%
Interest coverage
-12.25▲
2025 · -15.10
Debt ≤ 1 year
€10.3m▲
2025 · €9.7m
Debt > 1 year
€985,695▼
2025 · €1.5m
Income taxes
-€40,770▲
2025 · -€307,259
Staff costs
€3.1m▲
2025 · €2.5m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 85 lines
Balance sheet Code20252026
Assets
Total assets20/58€34.6m€29.6m▼
Fixed assets21/28€18.6m€20.9m▲
Intangible fixed assets21€43,941€71,608▲
Tangible fixed assets22/27€312,201€322,353▲
Plant, machinery and equipment23€170,368€194,443▲
Furniture and vehicles24€91,195€79,578▼
Leasing and similar rights25€14,789€11,013▼
Other tangible fixed assets26€35,849€37,318▲
Financial fixed assets28€18.2m€20.5m▲
Affiliated companies280/1€18.2m€20.5m▲
Participating interests280€18.2m€20.5m▲
Other financial fixed assets284/8€300€300=
Amounts receivable and cash guarantees285/8€300€300=
Current assets29/58€16.0m€8.7m▼
Stocks and contracts in progress3€2.2m€943,728▼
Stocks30/36€2.2m€943,728▼
Finished goods33€2.2m€943,728▼
Amounts receivable within one year40/41€1.8m€1.8m▲
Trade receivables40€128,068€772,167▲
Other amounts receivable41€1.7m€1.1m▼
Current investments50/53€3.6m€5.5m▲
Other investments51/53€3.6m€5.5m▲
Cash at bank and in hand54/58€8.3m€439,600▼
Deferred charges and accrued income490/1€56,992-
Equity and liabilities
Total equity and liabilities10/49€34.6m€29.6m▼
Equity10/15€21.3m€15.4m▼
Contributions10/11€25.2m€25.2m=
Capital10€25.2m€25.2m=
Issued capital100€25.2m€25.2m=
Reserves13€460,000€460,000=
Non-distributable reserves130/1€460,000€460,000=
Reserves not available under the articles1311€460,000€460,000=
Profit (loss) carried forward14-€5.3m-€11.4m▼
Investment grants15€1.0m€1.2m▲
Provisions and deferred taxes16€2.1m€2.8m▲
Provisions for liabilities and charges160/5€2.1m€2.8m▲
Other liabilities and charges164/5€2.1m€2.8m▲
Amounts payable17/49€11.2m€11.4m▲
Amounts payable after more than one year17€1.5m€985,695▼
Financial debts170/4€1.5m€985,695▼
Leasing and similar obligations172€9,798€4,445▼
Other loans174€1.5m€981,250▼
Amounts payable within one year42/48€9.7m€10.3m▲
Current portion of amounts payable after more than one year42€7.5m€8.0m▲
Trade debts44€498,071€629,959▲
Suppliers440/4€498,071€629,959▲
Taxes, remuneration and social security45€1.3m€849,254▼
Taxes450/3€788,945€3,667▼
Remuneration and social security454/9€487,635€845,588▲
Other amounts payable47/48€467,087€845,886▲
Accrued charges and deferred income492/3-€48,299
Income statement Code20252026
Operating income70/76A€4.5m€3.6m▼
Turnover70€1.7m€2.9m▲
Change in stocks of work in progress, finished goods and contracts in progress71€852,067-€1.2m▼
Other operating income74€2.0m€2.0m▼
Operating charges60/66A€10.2m€8.5m▼
Goods for resale, raw materials and consumables60€2.3m€1.3m▼
Purchases600/8€2.3m€1.3m▼
Services and other goods61€3.1m€3.2m▲
Remuneration, social security and pensions62€2.5m€3.1m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€102,613€95,649▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€29,592€8,428▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€2.1m€770,063▼
Other operating charges640/8€118,793€82,380▼
Non-recurring operating charges66A-€2,647
Operating profit (loss)9901-€5.7m-€4.9m▲
Financial income75/76B€187,914€508,633▲
Recurring financial income75€187,914€508,633▲
Income from financial fixed assets750€111,953-
Income from current assets751-€181,753
Other financial income752/9€75,961€326,879▲
Financial charges65/66B€413,829€1.7m▲
Recurring financial charges65€413,829€471,614▲
Debt charges650€369,977€395,165▲
Other financial charges652/9€43,852€76,449▲
Non-recurring financial charges66B-€1.2m
Profit (loss) for the period before taxes9903-€5.9m-€6.1m▼
Income taxes67/77-€307,259-€40,770▲
Taxes670/3€448,980€47,662▼
Tax adjustments and reversals of tax provisions77€756,239€88,432▼
Profit (loss) for the period9904-€5.6m-€6.1m▼
Profit (loss) for the period to be appropriated9905-€5.6m-€6.1m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€5.3m-€11.4m▼
Profit (loss) brought forward from the previous period14P€275,051-€5.3m▼
Social balance
Average headcount (FTE)908722.627.7▲

The notes to these accounts (78 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20222023202420252026Change
Operating income70/76A€671,854€1.7m€6.5m€4.5m€3.6m▼ 20.4%
Turnover70€34,415€264,388€1.7m€1.7m€2.9m▲ 71.2%
Change in stocks of work in progress, finished goods and contracts in progress71€93,026€180,653€1.1m€852,067-€1.2m▼ 244%
Other operating income74€544,413€1.3m€3.7m€2.0m€2.0m▼ 1.7%
Operating charges60/66A€4.6m€6.1m€9.0m€10.2m€8.5m▼ 16.4%
Goods for resale, raw materials and consumables60€120,207€451,218€2.7m€2.3m€1.3m▼ 43.0%
Purchases600/8€120,207€452,573€2.7m€2.3m€1.3m▼ 43.0%
Change in stocks: decrease (increase)609--€1,355€1,355---
Services and other goods61€2.5m€2.6m€3.6m€3.1m€3.2m▲ 2.3%
Remuneration, social security and pensions62€1.0m€1.5m€2.3m€2.5m€3.1m▲ 21.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€896,460€815,516€99,694€102,613€95,649▼ 6.8%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€54,489-€29,592€8,428▲ 128%
Provisions for liabilities and charges: additions (uses and reversals)635/8€110,000-€110,000-€2.1m€770,063▼ 62.6%
Other operating charges640/8€5,363€8,451€5,267€118,793€82,380▼ 30.7%
Non-recurring operating charges66A-€722,285€171,316-€2,647-
Operating profit (loss)9901-€4.0m-€4.4m-€2.5m-€5.7m-€4.9m▲ 13.2%
Financial income75/76B€13€5.4m€21,736€187,914€508,633▲ 171%
Recurring financial income75€13€1,915€21,736€187,914€508,633▲ 171%
Income from financial fixed assets750---€111,953--
Income from current assets751----€181,753-
Other financial income752/9€13€1,915€21,736€75,961€326,879▲ 330%
Non-recurring financial income76B-€5.4m----
Financial charges65/66B€6,264€98,590€445,489€413,829€1.7m▲ 311%
Recurring financial charges65€6,264€98,590€445,489€413,829€471,614▲ 14.0%
Debt charges650€2,733€80,347€393,128€369,977€395,165▲ 6.8%
Other financial charges652/9€3,531€18,243€52,361€43,852€76,449▲ 74.3%
Non-recurring financial charges66B----€1.2m-
Profit (loss) for the period before taxes9903-€4.0m€976,423-€3.0m-€5.9m-€6.1m▼ 3.6%
Income taxes67/77€954€2,196€238,068-€307,259-€40,770▲ 86.7%
Taxes670/3€1,069€2,196€238,068€448,980€47,662▼ 89.4%
Tax adjustments and reversals of tax provisions77€116--€756,239€88,432▼ 88.3%
Profit (loss) for the period9904-€4.0m€974,227-€3.2m-€5.6m-€6.1m▼ 8.6%
Profit (loss) for the period to be appropriated9905-€4.0m€974,227-€3.2m-€5.6m-€6.1m▼ 8.6%
Line20222023202420252026Change
Assets
Total assets20/58€12.6m€11.7m€15.4m€34.6m€29.6m▼ 14.4%
Fixed assets21/28€11.8m€10.6m€11.1m€18.6m€20.9m▲ 12.4%
Intangible fixed assets21€103,556€60,545€32,467€43,941€71,608▲ 63.0%
Tangible fixed assets22/27€1.5m€265,987€336,853€312,201€322,353▲ 3.3%
Plant, machinery and equipment23€1.5m€201,032€191,965€170,368€194,443▲ 14.1%
Furniture and vehicles24€17,817€37,347€87,475€91,195€79,578▼ 12.7%
Leasing and similar rights25--€18,566€14,789€11,013▼ 25.5%
Other tangible fixed assets26€933€7,428€38,847€35,849€37,318▲ 4.1%
Assets under construction and advance payments27€43,334€20,181----
Financial fixed assets28€10.2m€10.2m€10.7m€18.2m€20.5m▲ 12.5%
Affiliated companies280/1€10.2m€10.2m€10.7m€18.2m€20.5m▲ 12.5%
Participating interests280€10.2m€10.2m€10.7m€18.2m€20.5m▲ 12.5%
Other financial fixed assets284/8--€300€300€300=
Amounts receivable and cash guarantees285/8--€300€300€300=
Current assets29/58€756,742€1.2m€4.2m€16.0m€8.7m▼ 45.5%
Stocks and contracts in progress3€97,081€279,089€1.4m€2.2m€943,728▼ 56.7%
Stocks30/36€97,081€279,089€1.4m€2.2m€943,728▼ 56.7%
Raw materials and consumables30/31-€1,355----
Finished goods33€97,081€277,734€1.4m€2.2m€943,728▼ 56.7%
Amounts receivable within one year40/41€516,427€342,458€2.4m€1.8m€1.8m▲ 1.1%
Trade receivables40€322,855€220,978€2.0m€128,068€772,167▲ 503%
Other amounts receivable41€193,573€121,480€366,984€1.7m€1.1m▼ 37.1%
Current investments50/53---€3.6m€5.5m▲ 52.8%
Other investments51/53---€3.6m€5.5m▲ 52.8%
Cash at bank and in hand54/58€131,324€358,906€439,063€8.3m€439,600▼ 94.7%
Deferred charges and accrued income490/1€11,909€202,322€46,818€56,992--
Equity and liabilities
Total equity and liabilities10/49€12.6m€11.7m€15.4m€34.6m€29.6m▼ 14.4%
Equity10/15€3.1m€4.1m€5.9m€21.3m€15.4m▼ 27.6%
Contributions10/11€11.7m€11.7m€5.2m€25.2m€25.2m=
Capital10€9.0m€9.0m€5.2m€25.2m€25.2m=
Issued capital100€9.0m€9.0m€5.2m€25.2m€25.2m=
Outside capital11€2.7m€2.7m----
Share premium1100/10€2.7m€2.7m----
Reserves13€340,763€389,476€460,000€460,000€460,000=
Non-distributable reserves130/1€340,763€389,476€460,000€460,000€460,000=
Legal reserve130€340,763€389,476----
Reserves not available under the articles1311--€460,000€460,000€460,000=
Profit (loss) carried forward14-€8.9m-€8.0m€275,051-€5.3m-€11.4m▼ 114%
Investment grants15---€1.0m€1.2m▲ 21.7%
Provisions and deferred taxes16€110,000--€2.1m€2.8m▲ 37.4%
Provisions for liabilities and charges160/5€110,000--€2.1m€2.8m▲ 37.4%
Other liabilities and charges164/5€110,000--€2.1m€2.8m▲ 37.4%
Amounts payable17/49€9.4m€7.7m€9.5m€11.2m€11.4m▲ 1.1%
Amounts payable after more than one year17€7.4m€1.9m€6.8m€1.5m€985,695▼ 33.9%
Financial debts170/4€7.4m€1.9m€6.8m€1.5m€985,695▼ 33.9%
Subordinated loans170--€5.0m---
Leasing and similar obligations172--€18,208€9,798€4,445▼ 54.6%
Other loans174€7.4m€1.9m€1.8m€1.5m€981,250▼ 33.8%
Amounts payable within one year42/48€2.0m€5.8m€2.7m€9.7m€10.3m▲ 6.0%
Current portion of amounts payable after more than one year42-€100,000€200,000€7.5m€8.0m▲ 6.7%
Financial debts43€1.5m€4.8m€700,000---
Credit institutions430/8--€700,000---
Other loans439€1.5m€4.8m----
Trade debts44€238,338€634,592€815,492€498,071€629,959▲ 26.5%
Suppliers440/4€238,338€634,592€815,492€498,071€629,959▲ 26.5%
Advances received on contracts in progress46-€140----
Taxes, remuneration and social security45€194,556€247,083€794,629€1.3m€849,254▼ 33.5%
Taxes450/3€15,459€2,130€405,067€788,945€3,667▼ 99.5%
Remuneration and social security454/9€179,097€244,953€389,562€487,635€845,588▲ 73.4%
Other amounts payable47/48€26,815€40,412€147,511€467,087€845,886▲ 81.1%
Accrued charges and deferred income492/3€196€481--€48,299-
Line20222023202420252026Change
Profit (loss) for the period9904-€4.0m€974,227-€3.2m-€5.6m-€6.1m▼ 8.6%
+ Depreciation and write-downs630€896,460€815,516€99,694€102,613€95,649▼ 6.8%
Operating cash flow (approximation)-€3.1m€1.8m-€3.1m-€5.5m-€6.0m▼ 8.9%
Investment in fixed assets (approximation)-€465,238-€642,782-€7.6m-€2.4m▲ 68.3%
Change in cash-€227,582€80,157€7.9m-€7.9m▼ 200%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2027, expected by 31-10-2027
2026
14-07
NBB filing Annual accounts filed
fiscal year 2026 · full schema
31-03
Financial Weakest financial yearnet -€6.1m
Net result drops to -€6.1m, the lowest in the series.
21-01
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 82 days late
2025
22-12
State Gazette act Resignations & appointments
Power of attorney · Mandate term3 facts ▸
  • Board meeting, 21/11/2025
  • Power of attorney
  • Mandate term, jusqu'au 31 décembre 2027
02-10
State Gazette act Appointments: Ernst et Young Réviseurs d'Entreprises (statutory auditor) and Jan Verstraeten (director)
Permanent representative: Eric Van Hoof · Reappointment: Djivan Djierdjian (director) · Mandate compensation6 facts ▸
  • General meeting, 01/07/2025
  • Auditor appointment, Ernst et Young Réviseurs d'Entreprises (statutory auditor)
  • Permanent representative, Eric Van Hoof
  • Director reappointment, Djivan Djierdjian (director)
  • Director appointment, Jan Verstraeten (director)
  • Mandate compensation, Jan Verstraeten
16-04
State Gazette act Resignation: Maxime Boulvain (director)
Appointment: Djivan Djierdjian (director) · Permanent representatives: Djivan Djierdjian and Massimo Boulvain5 facts ▸
  • Board meeting, 16/01/2025
  • Director resignation, Maxime Boulvain (director)
  • Director appointment, Djivan Djierdjian (director)
  • Permanent representative, Djivan Djierdjian
  • Permanent representative, Massimo Boulvain
03-04
State Gazette act Appointment: Francine TURCK (observateur au sein du conseil d’administration)
Capital increase · Share issue · Capital8 facts ▸
  • General meeting, 28 mars 2025
  • Capital increase, €440.101,37
  • Share issue, actions nouvelles, 8547
  • Share issue, droits de souscription anti-dilutifs, 8547
  • Capital increase, €7.559.898,63
  • Capital, €25.163.902
  • Statutes amendment
  • Director appointment, Francine TURCK (observateur au sein du conseil d’administration)
31-03
Financial Equity above €10mEq €21.3m ▲261%
Equity rises from €5.9m to €21.3m.
2024
04-12
State Gazette act Appointment: Djivan Yves Michaël DJIERDJIAN (director)
Capital increase · Capital · Share issue23 facts ▸
  • General meeting, 28/11/2024
  • Capital increase, €206.546,31
  • Capital increase, €11.793.453,69
  • Capital, €17.163.902
  • Share issue, droits de souscription anti-dilutifs, 12821
  • Statutes amendment, 10
  • Statutes amendment, 13
  • Statutes amendment, 14
  • Statutes amendment, 15
  • Statutes amendment, 18
  • Statutes amendment, 19
  • Statutes amendment, 20
  • +11 further facts in this act
21-11
State Gazette act Miscellaneous
Share issue · Capital increase3 facts ▸
  • General meeting, 29/07/2022
  • Share issue, droits de souscription nominatifs, 3102
  • Capital increase
19-11
State Gazette act Reappointment: Maxime Boulvain (director)
2 facts ▸
  • General meeting, 19/06/2024
  • Director reappointment, Maxime Boulvain (director)
05-09
NBB filing Annual accounts filed
fiscal year 2024 · full schema
Show earlier events
12-04
State Gazette act Capital & shares · Statutes amendment
Net-asset statement · Capital increase · Bank account7 facts ▸
  • General meeting, 22 mars 2024
  • Net-asset statement, Actif net réduit à un montant inférieur à la moitié du capital
  • Capital increase, €5.000.000
  • Bank account, BELFIUS
  • Capital decrease, €11.925.524
  • Capital, €5.163.902
  • Statutes amendment, 5
31-03
Financial Liquidity times 8current ratio 1.60
Current ratio from 0.20 to 1.60; short-term debt falls from €5.8m to €2.7m.
31-03
Financial Equity above €5mEq €5.9m ▲44.1%
Equity rises from €4.1m to €5.9m.
26-01
State Gazette act Resignations & appointments
Power of attorney6 facts ▸
  • Board meeting, 19/12/2023
  • Power of attorney, Axel BRINKMANN-HORNBOGEN
  • Power of attorney, Philippe COSZACH
  • Power of attorney, Benoit LECOUVET
  • Power of attorney, CALLUNA COACHING SPRL
  • Power of attorney, ORVILLE SOLUTIONS SRL
2023
26-10
NBB filing Annual accounts filed
fiscal year 2023 · full schema
31-08
State Gazette act Reappointments: Natacha Lippens, Frédéric van Gansberghe and 3 others
Appointments: Maxime Boulvain (director) and FEJ Beheer B.V. (director) · Power of attorney11 facts ▸
  • General meeting, 21/06/2023
  • Director reappointment, Natacha Lippens (director)
  • Director reappointment, Frédéric van Gansberghe (director)
  • Director reappointment, Jérôme Lippens (director)
  • Director reappointment, André Petitjean (director)
  • Director reappointment, Compagnie du Bois Sauvage (director)
  • Power of attorney, Benoît Deckers
  • Director appointment, Maxime Boulvain (director)
  • Power of attorney, Massimo Boulvain
  • Director appointment, FEJ Beheer B.V. (director)
  • Power of attorney, Roelof Westerbeek
31-03
Financial Back to profitnet €974,227
Net result €974,227 after 4 loss-making years.
05-01
State Gazette act Permanent representative: Roelof Westerbeek
Resignation: Gauthier Cruysmans (permanent representative) · Appointment: Roelof Westerbeek (chair of the board)4 facts ▸
  • Board meeting, 16/11/2022
  • Permanent representative, Roelof Westerbeek (permanent representative)
  • Director resignation, Gauthier Cruysmans (permanent representative)
  • Director appointment, Roelof Westerbeek (chair of the board)
2022
26-09
NBB filing Annual accounts filed
fiscal year 2022 · full schema
23-09
State Gazette act Resignations: Comte Paul Lippens (director) and Compagnie du Bois Sauvage Services (director)
Appointments: Finasucre S.A., Parfina S.A. and Ernst & Young réviseurs d'entreprises SCRL · Permanent representatives: Gauthier Cruysmans, Massimo Boulvain and Eric Van Hoof · Mandate compensation10 facts ▸
  • General meeting, 15/06/2022
  • Director resignation, Comte Paul Lippens (director)
  • Director appointment, Finasucre S.A. (director)
  • Permanent representative, Gauthier Cruysmans
  • Director appointment, Parfina S.A. (director)
  • Permanent representative, Massimo Boulvain
  • Director resignation, Compagnie du Bois Sauvage Services (director)
  • Auditor appointment, Ernst & Young réviseurs d'entreprises SCRL (commissaire réviseur)
  • Permanent representative, Eric Van Hoof
  • Mandate compensation, Ernst & Young réviseurs d'entreprises SCRL
22-08
State Gazette act Statutes amendment · Miscellaneous
Share issue · Capital increase3 facts ▸
  • General meeting, 29 juillet 2022
  • Share issue, droits de souscription nominatifs, 2342
  • Capital increase
2021
30-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2020
07-08
State Gazette act Statutes amendment
Capital3 facts ▸
  • General meeting, 31 juillet 2020
  • Statutes amendment
  • Capital, €9.023.500
28-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
15-07
State Gazette act Resignation: Pierre-Yves de Laminne de Bex (director)
Appointment: Compagnie du Bois Sauvage Services (director) · Permanent representative: Massimo Boulvain4 facts ▸
  • Board meeting, 28/04/2020
  • Director resignation, Pierre-Yves de Laminne de Bex (director)
  • Director appointment, Compagnie du Bois Sauvage Services (director)
  • Permanent representative, Massimo Boulvain
10-07
State Gazette act Resignations: Philippe Coszach (director) and Renaud Lambert (director)
3 facts ▸
  • Board meeting, 29/05/2019
  • Director resignation, Philippe Coszach (director)
  • Director resignation, Renaud Lambert (director)
31-03
Financial Liquidity times 24current ratio 18.00
Current ratio from 0.74 to 18.00; short-term debt falls from €1.6m to €250,944.
31-03
Financial Equity above €10mEq €11.5m ▲110%
Equity rises from €5.5m to €11.5m.
2019
03-09
NBB filing Annual accounts filed
fiscal year 2019 · full schema
26-07
State Gazette act Appointments: Lippens Natacha, CIE DU BOIS SAUVAGE and 4 others
Permanent representatives: Petitjean André and Van Hoof Eric · Reappointments: VAN GANSBERGHE Frédéric (director) and LIPPENS Paul (director) · Capital increase17 facts ▸
  • General meeting, 20 juin 2019
  • General meeting, 19 juin 2019
  • Capital increase, €3.823.500
  • Capital decrease, €11.600.000
  • Capital, €9.023.500
  • Statutes amendment, 14
  • Statutes amendment, 18
  • Director appointment, Lippens Natacha (director)
  • Director appointment, CIE DU BOIS SAUVAGE (director)
  • Director appointment, Petitjean André (director)
  • Permanent representative, Petitjean André
  • Director reappointment, VAN GANSBERGHE Frédéric (director)
  • +5 further facts in this act
2018
09-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2017
05-10
NBB filing Annual accounts filed
fiscal year 2017 · full schema
04-08
State Gazette act Appointment: Ernst & Young (statutory auditor)
2 facts ▸
  • General meeting, 21/06/2017
  • Auditor appointment, Ernst & Young (statutory auditor)
2016
20-09
State Gazette act Appointment: Frédéric van Gansberghe (managing director)
2 facts ▸
  • Board meeting, 01-08-2016
  • Director appointment, Frédéric van Gansberghe (managing director)
12-09
State Gazette act Incorporation · Capital & shares · Purpose · Statutes amendment · Resignations & appointments
Purpose change · Capital · Share category change7 facts ▸
  • General meeting, 02/08/2016
  • Purpose change, La société a pour objet la recherche, le développement, la production, l'achat, la vente de tout type de produit chimique pouvant servir en l'état ou être utili…
  • Statutes amendment
  • Capital, €16.800.000
  • Share category change, Suppression des catégories d'actions A et B, le capital étant désormais représenté par 168.000 actions identiques.
  • Statutes amendment
  • Power of attorney, VAN GANSBERGHE Frédéric Jean Pierre Yves
29-07
State Gazette act Appointments: Philippe Coszach (director) and Renaud Lambert (director)
Resignation: Olivier Lippens (director)4 facts ▸
  • General meeting, 26/05/2016
  • Director appointment, Philippe Coszach (director)
  • Director appointment, Renaud Lambert (director)
  • Director resignation, Olivier Lippens (director)
31-05
State Gazette act Resignations: Xavier Bontemps, Philippe Marchandise and Nicolas Lecouvet
4 facts ▸
  • General meeting, 26-04-2016
  • Director resignation, Xavier Bontemps (director)
  • Director resignation, Philippe Marchandise (director)
  • Director resignation, Nicolas Lecouvet (director)
11-05
State Gazette act Resignations & appointments
Power of attorney4 facts ▸
  • Board meeting, 11/04/2016
  • Power of attorney, Xavier Bontemps
  • Power of attorney, Nicolas Lecouvet
  • Power of attorney, Philippe Marchandise
2015
13-07
State Gazette act Reappointments: Xavier Bontemps, Nicolas Lecouvet and 4 others
Mandate compensation13 facts ▸
  • General meeting, 28/05/2015
  • Director reappointment, Xavier Bontemps (director)
  • Director reappointment, Nicolas Lecouvet (director)
  • Director reappointment, Olivier Lippens (director)
  • Director reappointment, Paul Lippens (director)
  • Director reappointment, Philippe Marchandise (director)
  • Director reappointment, Frédéric van Gansberghe (director)
  • Mandate compensation, Xavier Bontemps
  • Mandate compensation, Nicolas Lecouvet
  • Mandate compensation, Olivier Lippens
  • Mandate compensation, Paul Lippens
  • Mandate compensation, Philippe Marchandise
  • +1 further facts in this act
18-05
State Gazette act Appointment: Xavier BONTEMPS (director)
Resignation: Carl VAN CAMP (director) · Capital decrease · Share cancellation10 facts ▸
  • General meeting, 27/03/2015
  • Capital decrease, €17.300.018,42
  • Share cancellation, 264.958, 132.479 actions catégorie A et 132.479 actions catégorie B
  • Capital increase, €5.000.000
  • Share issue, 50.000, 25.000 actions catégorie A et 25.000 actions catégorie B, souscrites en totalité, en espèces
  • Bank account, BE72.0017.5171.4916
  • Capital, €16.800.000
  • Statutes amendment
  • Director appointment, Xavier BONTEMPS (director)
  • Director resignation, Carl VAN CAMP (director)
05-01
State Gazette act Resignation: Carl Van Camp (director)
Appointment: Xavier Bontemps (director) · Mandate compensation · Power of attorney6 facts ▸
  • Board meeting, 18/11/2014
  • Director resignation, Carl Van Camp (director)
  • Director appointment, Xavier Bontemps (director)
  • Mandate compensation, Xavier Bontemps
  • Power of attorney, Carl Van Camp
  • Director appointment, Xavier Bontemps (daily management delegate)
2014
11-08
State Gazette act Appointment: Frédéric van Gansberghe (chair)
Resignation: Carl Van Camp (chair)3 facts ▸
  • Board meeting, 19/06/2014
  • Director appointment, Frédéric van Gansberghe (chair)
  • Director resignation, Carl Van Camp (chair)
14-02
State Gazette act Permanent representatives: Alexis Palm and Olivier Declercq
2 facts ▸
  • Permanent representative, Alexis Palm
  • Permanent representative, Olivier Declercq
13-02
State Gazette act Capital & shares · Statutes amendment
Capital increase · Capital · Bank account5 facts ▸
  • General meeting, 31/12/2013
  • Capital increase, €6.000.018,42
  • Capital, €29.100.018,42
  • Bank account, BE08-0017-1492-2513
  • Statutes amendment
2013
25-06
State Gazette act Appointment: KPMG (statutory auditor)
2 facts ▸
  • General meeting, 23/05/2013
  • Auditor appointment, KPMG (statutory auditor)
12-06
State Gazette act Capital & shares
Capital increase · Capital · Bank account5 facts ▸
  • General meeting, 30/05/2013
  • Capital increase, €10.000.000
  • Capital, €23.100.000
  • Bank account, BE04-0016-9711-5131
  • Statutes amendment
14-01
State Gazette act Capital & shares
Capital decrease · Capital · Statutes amendment4 facts ▸
  • General meeting, 27/12/2012
  • Capital decrease, €4.800.000
  • Capital, €13.100.000
  • Statutes amendment
2012
06-06
State Gazette act Appointment: Carl Van Camp (chair)
Resignation: Frédéric van Gansberghe (chair) · Reappointment: Philippe Marchandise (secretary)4 facts ▸
  • Board meeting, 23/03/2012
  • Director appointment, Carl Van Camp (chair)
  • Director resignation, Frédéric van Gansberghe (chair)
  • Director reappointment, Philippe Marchandise (secretary)
18-05
State Gazette act Capital & shares · Statutes amendment
Capital increase · Bank account · Capital decrease7 facts ▸
  • General meeting, 27/04/2012
  • Capital increase, €10.000.000
  • Bank account, BE39-0016-6871-2319
  • Capital decrease, €6.900.000
  • Share cancellation, 69000, 34.500 actions de catégorie A et 34.500 actions de catégorie B
  • Capital, €17.900.000
  • Statutes amendment
08-03
State Gazette act Capital & shares
Capital increase · Share issue · Capital7 facts ▸
  • General meeting, 29/12/2011
  • Capital increase, €3.700.000
  • Share issue, actions nouvelles de catégorie B
  • Capital, €14.800.000
  • Statutes amendment
  • Registered-office move, à Escanaffles, rue du Renouveau, 1(7760-Celles)
  • Statutes amendment
2011
07-07
State Gazette act Resignation: Guy Debras (director)
Appointment: Nicolas Lecouvet (director) · Reappointments: Frédéric van Gansberghe, Nicolas Lecouvet and 4 others · Mandate compensation15 facts ▸
  • General meeting, 26/05/2011
  • Director resignation, Guy Debras (director)
  • Director appointment, Nicolas Lecouvet (director)
  • Director reappointment, Frédéric van Gansberghe (director)
  • Director reappointment, Nicolas Lecouvet (director)
  • Director reappointment, Olivier Lippens (director)
  • Director reappointment, Paul Lippens (director)
  • Director reappointment, Philippe Marchandise (director)
  • Director reappointment, Carl Van Camp (director)
  • Mandate compensation, Nicolas Lecouvet
  • Mandate compensation, Frédéric van Gansberghe
  • Mandate compensation, Olivier Lippens
  • +3 further facts in this act
2010
14-09
State Gazette act Registered office
Registered-office move2 facts ▸
  • Board meeting, 24/06/2010
  • Registered-office move, rue du Renouveau 1, 7760 Escanaffles
16-07
State Gazette act Resignation: Guy Debras (director)
Appointments: Nicolas Lecouvet (director) and Carl Van Camp (daily management delegate) · Power of attorney7 facts ▸
  • Board meeting, 24/06/2010
  • Director resignation, Guy Debras (director)
  • Director appointment, Nicolas Lecouvet (director)
  • Power of attorney, Nathalie Brunelle
  • Power of attorney, Guy Debras
  • Director appointment, Carl Van Camp (daily management delegate)
  • Director appointment, Nicolas Lecouvet (daily management delegate)
17-06
State Gazette act Resignation: Nathalie Brunelle (director)
Appointments: Carl Van Camp (director) and KPMG (statutory auditor) · Mandate compensation · Auditor compensation6 facts ▸
  • General meeting, 27/05/2010
  • Director resignation, Nathalie Brunelle (director)
  • Director appointment, Carl Van Camp (director)
  • Mandate compensation, Carl Van Camp
  • Auditor appointment, KPMG (statutory auditor)
  • Auditor compensation, inchangés
17-02
State Gazette act Appointment: Frédéric van Gansberghe (chair)
Resignation: Guy Debras (chair) · Reappointment: Philippe Marchandise (secretary)4 facts ▸
  • Board meeting, 10/12/2009
  • Director appointment, Frédéric van Gansberghe (chair)
  • Director resignation, Guy Debras (chair)
  • Director reappointment, Philippe Marchandise (secretary)
2009
22-06
State Gazette act Appointment: Nathalie Brunelle (director)
Permanent representative: Olivier Declercq · Mandate compensation5 facts ▸
  • General meeting, 28/05/2009
  • Director appointment, Nathalie Brunelle (director)
  • Mandate compensation, Nathalie Brunelle
  • Permanent representative, Olivier Declercq
  • Mandate compensation, Olivier Declercq
2007
17-12
State Gazette act Appointments: Geoffroy Petit, Philippe Marchandise and 4 others
Delegation condition11 facts ▸
  • Board meeting, 15/10/2007
  • Director appointment, Geoffroy Petit (chair)
  • Director appointment, Philippe Marchandise (secretary)
  • Director appointment, Guy Debras (daily management delegate)
  • Director appointment, Frédéric van Gansberghe (daily management delegate)
  • Director appointment, Comte Paul Lippens (daily management delegate)
  • Director appointment, Oliver Lippens (daily management delegate)
  • Director appointment, Philippe Marchandise (daily management delegate)
  • Director appointment, Geoffroy Petit (daily management delegate)
  • Delegation condition, jointly two by two, one Class A and one Class B director
  • Delegation condition, power to grant specific sub-delegations
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
42 of 42 acts read

Directors · office · real estate

Directors
14 directors, no change since 2025

Board 14

Frédéric van Gansberghe
Chair · since 19-06-2014 · Director · since 26-05-2011
Current
Roelof Westerbeek
Chair of the board · since 16-11-2022
Current
Jerôme Lippens
Director · since 19-06-2019
Current
André Petitjean
Director · since 20-06-2019
Current
Natacha Lippens
Director · since 20-06-2019
Current
Finasucre S.A.
Director · since 15-06-2022 · Legal entity · perm. rep.: Gauthier Cruysmans
Current
PARFINA
Director · since 15-06-2022 · Public limited company · perm. rep.: Massimo Boulvain
Current
Compagnie Du Bois Sauvage
Director · since 21-06-2023 · Legal entity
Current
Show all 14 directors
FEJ Beheer B.V.
Director · since 21-06-2023 · Legal entity
Current
Maxime Boulvain
Director · since 21-06-2023 · Legal entity
Current
Djivan Yves Michaël DJIERDJIAN
Director · since 28-11-2024
Current
Djivan Djierdjian
Director · since 16-01-2025
Current
Francine TURCK
Observateur au sein du conseil d’administration · since 28-03-2025
Current
Jan Verstraeten
Director · since 01-07-2025
Current
4 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.
Geoffroy Petit
Chair · since 15-10-2007
Not recently confirmed
Paul LIPPENS
Director · since 26-05-2011
Not recently confirmed
Pierre-Yves de LAMINE de BEX
Director · since 19-06-2019
Not recently confirmed
COMPAGNIE DU BOIS SAUVAGE
Director · since 20-06-2019 · Public limited company · perm. rep.: Petitjean André
Not recently confirmed

Day-to-day management 3

Frédéric van Gansberghe
Managing director · since 13-09-2007
Not recently confirmed
Geoffroy Petit
Daily management delegate · since 13-09-2007
Not recently confirmed
Oliver Lippens
Daily management delegate · since 13-09-2007
Not recently confirmed

Permanent representatives 2

Gauthier Cruysmans
Permanent representative · since 15-06-2022 · for Finasucre S.A.
Current
Massimo Boulvain
Permanent representative · since 15-06-2022 · for PARFINA
Current
1 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.
Petitjean André
Permanent representative · since 20-06-2019 · for COMPAGNIE DU BOIS SAUVAGE
Not recently confirmed

Statutory auditor 1

Ernst et Young Reviseurs d'Entreprises
Statutory auditor · since 04-08-2017 · perm. rep.: Eric Van Hoof
Current
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 →
Location & real-estate footprint
Registered office, Celles (lez-Tournai) · 2 establishment units since 2007
establishment All 2 establishment units 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.

Rue du Renouveau 17760 Celles (lez-Tournai)
Ground area
4,649 m²
Building footprint
2,531 m²
Volume, LiDAR
21,535 m³
2 parcels, Brussels, Wallonia · tallest building 21.0 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
FUTERRO
Place d'Escanaffles 23, 7760 Celles (lez-Tournai)NACE 2416001
since 20072.165.995.053
FUTERRO
Researchdreef 4, 1070 AnderlechtEngineering and related technical consultancy, excluding land surveyors
since 20212.314.553.127
2 parcels
Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
57023A0462/00N000 Wallonia 2,463 m² 1 · 364 m² 21.0 m · 6 fl.
21307F0170/00S002 Brussels 2,186 m² 1 · 2,167 m² 17.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

35 people since 2007, 20 in office
Show
  • Board
  • Day-to-day management
  • Permanent representative
  • Statutory auditor
  • Other function
  • not recently confirmed
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Frédéric van Gansberghe
  • Daily management delegate, from 13-09-2007 not ended, last confirmed 20-09-2016
  • Chair, from 10-12-2009 to 06-06-2012
  • Director, already before 26-05-2011 to date
  • Chair, from 19-06-2014 not ended, last confirmed 11-08-2014
Jerôme Lippens
  • Director, from 19-06-2019 to date
André Petitjean
  • Director, from 20-06-2019 to date
Natacha Lippens
  • Director, from 20-06-2019 to date
Finasucre S.A.
  • Director, from 15-06-2022 to date
PARFINA
  • Director, from 15-06-2022 to date
Roelof Westerbeek
  • Chair of the board, from 16-11-2022 to date
Compagnie Du Bois Sauvage
  • Director, already before 21-06-2023 to date
FEJ Beheer B.V.
  • Director, from 21-06-2023 to date
Maxime Boulvain
  • Director, from 21-06-2023 to date
Djivan Yves Michaël DJIERDJIAN
  • Director, from 28-11-2024 to date
Djivan Djierdjian
  • Director, from 16-01-2025 to date
Francine TURCK
  • Observateur au sein du conseil d’administration, from 28-03-2025 to date
Jan Verstraeten
  • Director, from 01-07-2025 to date
Ernst et Young Reviseurs d'Entreprises
  • Statutory auditor, from 04-08-2017 to date
Geoffroy Petit
  • Daily management delegate, from 13-09-2007 not ended, last confirmed 17-12-2007
  • Chair, from 15-10-2007 not ended, last confirmed 17-12-2007
Paul LIPPENS
  • Director, already before 26-05-2011 not ended, last confirmed 26-07-2019
Pierre-Yves de LAMINE de BEX
  • Director, from 19-06-2019 not ended, last confirmed 26-07-2019
COMPAGNIE DU BOIS SAUVAGE
  • Director, from 20-06-2019 not ended, last confirmed 26-07-2019
Oliver Lippens
  • Daily management delegate, from 13-09-2007 not ended, last confirmed 17-12-2007
MAXIME BOULVAIN
  • Director, until 16-04-2025
Gauthier Cruysmans
  • Permanent representative, until 05-01-2023
Compagnie du Bois Sauvage Services
  • Director, from 28-04-2020 to 23-09-2022
Comte Paul Lippens
  • Daily management delegate, from 13-09-2007 ended, last mentioned 17-12-2007
  • Director, until 23-09-2022
Pierre-Yves de Laminne de Bex
  • Director, until 15-07-2020
Philippe Coszach
  • Director, from 26-05-2016 to 19-06-2019
Renaud Lambert
  • Director, from 26-05-2016 to 19-06-2019
KPMG
  • Statutory auditor, from 17-06-2010 to 04-08-2017
Olivier LIPPENS
  • Director, already before 26-05-2011 to 29-07-2016
Nicolas Lecouvet
  • Director, from 24-06-2010 to 26-04-2016
  • Daily management delegate, from 24-06-2010 ended, last mentioned 16-07-2010
Philippe Marchandise
  • Daily management delegate, from 13-09-2007 ended, last mentioned 17-12-2007
  • Secretary, from 15-10-2007 ended, last mentioned 06-06-2012
  • Director, already before 26-05-2011 to 26-04-2016
Xavier Bontemps
  • Director, from 18-11-2014 to 26-04-2016
  • Daily management delegate, from 18-11-2014 ended, last mentioned 05-01-2015
Carl VAN CAMP
  • Director, from 27-05-2010 to 18-11-2014
  • Daily management delegate, from 27-05-2010 ended, last mentioned 16-07-2010
  • Chair, from 23-03-2012 to 11-08-2014
  • Director, until 18-05-2015
Guy Debras
  • Daily management delegate, from 13-09-2007 ended, last mentioned 17-12-2007
  • Chair, until 17-02-2010
  • Director, until 24-06-2010
  • Director, until 26-05-2011
Nathalie Brunelle
  • Director, from 28-05-2009 to 27-05-2010
See the board, name and seat on a given date →

Articles of association

Purpose
La société a pour objet la recherche, le développement, la production, l’achat, la vente de tout type de produit chimique pouvant servir en l’état ou être utilisé comme matière…
Full purpose

La société a pour objet la recherche, le développement, la production, l’achat, la vente de tout type de produit chimique pouvant servir en l’état ou être utilisé comme matière première pour la synthèse de bioplastique et/ou des monomères nécessaires à leur production.. La société a aussi pour objet la recherche, le développement, la production, l’achat et la vente de bioplastique ou de tous produits fabriqués à base de bioplastique. La société a aussi pour objet la vente de licences en rapport avec les technologies acide lactique, lactide, oligomères et PLA ainsi que la prise de participation dans des entreprises du même secteur. Elle peut, dans les limites de son objet, tant en Belgique qu'à l'étranger, effectuer toutes opérations mobilières, immobilières, financiè-res, industrielles, commerciales ou civi-les. Elle peut s'intéresser, par voie d'apport, de cession, de fusion, de souscription, de partici-pation, d'intervention financière ou autrement, dans toutes sociétés, entreprises ou opérations ayant un objet similaire ou connexe, ou de nature à favori-ser la réalisation de son objet.

Structure & network

Part of the group Société Financière des Sucres 10 companies Group, risk and exposure

Owners and holdings

5 owners · 4 holdings

Chain of control

  1. Société Financière des Sucres 52.81%
  2. FUTERRO

Highest known parent: Société Financière des Sucres. The sources do not say who stands above it.

Owners 5

Stated earlier (1)

An older source named these owners; newer accounts no longer list them.

Holdings 4

According to the annual accounts to 31-03-2026 of FUTERRO 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

16 connected companies
Linked via shared directors
Show 12 more companies with a shared director
former→
AEDIFICA
Shared director
→
FOUNTAIN
Shared director
→
Plastics Europe
Shared director
→
→
NANOCYL
Shared corporate director
→
NOSHAQ VENTURE
Shared corporate director
→
RECTICEL
Shared corporate director
→

Capital and shareholders

Shareholders according to the acts
After 2 capital increases act of 03-04-2025 ↗
  • SOCIETE FINANCIERE DES SUCRES 2,137 shares · 2,000,000 EUR
  • Wallonie Entreprendre (BE 0793.630.244) 6,410 shares · 6,000,000 EUR
After 2 capital increases act of 04-12-2024 ↗
  • SOCIETE FINANCIERE DES SUCRES 2,137 shares · 2,000,000 EUR
  • COMPAGNIE DU BOIS SAUVAGE 2,137 shares · 2,000,000 EUR
  • CYBELLE 8,547 shares · 8,000,000 EUR
After the capital increase act of 12-04-2024 ↗
  • FUTERRO HOLDING 88,201 shares · 3,859,122 EUR
  • SOCIETE FINANCIERE DES SUCRES 14,341 shares · 627,472 EUR
  • COMPAGNIE DU BOIS SAUVAGE 11,734 shares · 513,406 EUR
After the capital increase act of 26-07-2019 ↗
After the capital increase act of 13-02-2014 ↗
  • TOTAL PETROCHEMICALS & REFININGS SA/NV
  • GALACTIC
After the capital increase act of 12-06-2013 ↗
  • TOTAL PETROCHEMICALS & REFININGS SA/NV
  • GALACTIC
Show 1 older mentions
After the capital increase act of 18-05-2012 ↗
  • PETROFINA 50,000 shares
  • GALACTIC 50,000 shares

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 03-04-2025 Capital increase of 440,101.37 EUR · to 17,604,003.37 EUR · 8,547 new shares
  2. 03-04-2025 Capital increase of 7,559,898.63 EUR · to 25,163,902 EUR · no new shares · from reserves
  3. 04-12-2024 Capital increase of 206,546.31 EUR · to 5,370,448.31 EUR · 12,821 new shares
  4. 04-12-2024 Capital increase of 11,793,453.69 EUR · to 17,163,902 EUR · no new shares · from reserves
  5. 12-04-2024 Capital increase of 5,000,000 EUR · to 14,023,500 EUR · 114,276 new shares
  6. 12-04-2024 Capital reduction of 11,925,524 EUR · to absorb losses
  7. 07-08-2020 Capital stated in the act · 9,023,500 EUR
  8. 26-07-2019 Capital increase of 3,823,500 EUR · to 20,623,500 EUR · 38,235 new shares
Show 10 older capital entries
  1. 26-07-2019 Capital reduction of 11,600,000 EUR · to 9,023,500 EUR · to absorb losses
  2. 12-09-2016 Capital stated in the act · 16,800,000 EUR · 168 shares
  3. 18-05-2015 Capital reduction of 17,300,018.42 EUR · to 11,800,000 EUR · to absorb losses
  4. 18-05-2015 Capital increase of 5,000,000 EUR · to 16,800,000 EUR · 50 new shares
  5. 13-02-2014 Capital increase of 6,000,018.42 EUR · to 29,100,018.42 EUR
  6. 12-06-2013 Capital increase of 10,000,000 EUR · to 23,100,000 EUR · in cash
  7. 14-01-2013 Capital reduction of 4,800,000 EUR · to 13,100,000 EUR · to absorb losses
  8. 18-05-2012 Capital increase of 10,000,000 EUR · to 24,800,000 EUR · 100,000 new shares
  9. 18-05-2012 Capital reduction of 6,900,000 EUR · to 17,900,000 EUR · to absorb losses
  10. 08-03-2012 Capital increase of 3,700,000 EUR · to 14,800,000 EUR · 37,000 new shares · in kind

Public money · subsidies and aid

European Union, budget

2024 to 2025 · 3 entries · 693,721 EUR in total
Year Entries awarded
2025 2 500,062 EUR
2024 1 193,659 EUR
Projects
BIODEGRADABLE PACKAGING MATERIALS ADVANCING CIRCULARITY, SUSTAINABILITY & ECO-INNOVATION
Horizon Europe · 01-06-2025 to 31-05-2029 · 500,062 EUR · BioPackMan
LIFE23-CCA-FR-LIFE VINOSHIELD - PROTECT VINES AGAINST CLIMATIC VARIATIONS
Programme for Environment and Climate Action · 01-09-2024 to 31-12-2028 · 193,659 EUR

Recognitions · licences · registrations

Legal Entity Identifier

549300012P6Q6P9BHM39
live in the LEI register

Similar companies · same sector, comparable size

Of 139 companies in sector 20160 we hold annual accounts for 95. 44 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded13-09-2007
Fiscal year end31-03
Activities, NACEBEL 2025
20160Manufacture of chemicals and chemical products
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID 0208:0892199070
Also 9925:BE0892199070

Register as of 27 September 2026 · Peppol Directory

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