SCABEL (0655.767.906): annual accounts, directors and company register

SCABEL

Brussels ·KBO/BCE: BE 0655.767.906

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

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%	0.9%
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%

Company	Turnover	EBIT margin	Solvency	Staff
SCABEL Brussels	€6,067.9m	0.0%	0.3%	37.5
EMPWR Ghent	€358.5m	3.8%	20.2%	39.4
ITM ALIMENTAIRE BELGIUM Ottignies-Louvain-la-Neuve	€1,434.4m	-3.3%	-14.8%	121.6
What’s Cooking Belgium Ghent	€175.8m	-0.4%	49.8%	38.9
PURATOS GROUP Dilbeek	-	-	41.0%	5
HuVePharma Antwerp	€127.1m	6.6%	46.2%	102.2
SERAFIEN BAKERY Deinze	€191.6m	-5.7%	26.8%	48.4

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017
Balance sheet: assets
Total assets`20/58`	600.5m	512.3m	526.9m	337.1m	364.2m	298.5m	278.4m	164.6m	63.5m
Fixed assets`21/28`	2.2m	2.4m	2.3m	2.4m	2.3m	2.0m	1.1m	825,713	974,901
Intangible fixed assets`21`	1.9m	2.1m	2.0m	2.0m	2.0m	1.6m	788,105	553,271	713,231
Tangible fixed assets`22/27`	197,655	137,694	187,943	216,923	180,384	232,234	174,933	173,813	163,040
Plant, machinery and equipment`23`	-	-	-	-	-	815	1,743	2,672	3,600
Furniture and vehicles`24`	127,198	52,501	80,145	101,048	62,437	92,922	103,521	91,920	102,752
Other tangible fixed assets`26`	70,457	85,193	107,798	115,875	117,947	138,496	69,668	79,221	56,687
Financial fixed assets`28`	118,229	118,229	118,229	116,577	116,577	98,630	98,630	98,630	98,630
Affiliated companies`280/1`	98,000	98,000	98,000	98,000	98,000	98,000	98,000	98,000	98,000
Participating interests`280`	98,000	98,000	98,000	98,000	98,000	98,000	98,000	98,000	98,000
Other financial fixed assets`284/8`	20,229	20,229	20,229	18,577	18,577	630	630	630	630
Amounts receivable and cash guarantees`285/8`	20,229	20,229	20,229	18,577	18,577	630	630	630	630
Current assets`29/58`	598.2m	509.9m	524.5m	334.7m	362.0m	296.5m	277.4m	163.7m	62.5m
Amounts receivable within one year`40/41`	405.5m	367.1m	478.3m	325.5m	349.0m	175.4m	251.2m	151.1m	55.3m
Trade receivables`40`	66.4m	42.0m	132.1m	73.3m	103.8m	45.9m	75.1m	22.9m	31.1m
Other amounts receivable`41`	339.1m	325.1m	346.1m	252.2m	245.2m	129.6m	176.0m	128.2m	24.2m
Current investments`50/53`	-	-	-	-	-	20.0m	-	-	-
Other investments`51/53`	-	-	-	-	-	20.0m	-	-	-
Cash at bank and in hand`54/58`	192.2m	142.2m	45.8m	9.1m	12.0m	93.5m	13.3m	11.1m	6.7m
Deferred charges and accrued income`490/1`	494,172	583,391	424,205	145,606	893,780	7.6m	12.9m	1.6m	456,902
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	600.5m	512.3m	526.9m	337.1m	364.2m	298.5m	278.4m	164.6m	63.5m
Equity`10/15`	1.8m	1.5m	1.2m	1.0m	841,226	683,691	563,154	422,730	352,074
Contributions`10/11`	300,000	300,000	300,000	300,000	300,000	300,000	300,000	300,000	300,000
Capital`10`	300,000	300,000	300,000	300,000	300,000	-	-	-	-
Issued capital`100`	300,000	300,000	300,000	300,000	300,000	300,000	300,000	300,000	300,000
Reserves`13`	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000
Non-distributable reserves`130/1`	30,000	30,000	30,000	30,000	30,000	30,000	-	-	-
Legal reserve`130`	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000	30,000
Profit (loss) carried forward`14`	1.4m	1.2m	917,892	690,527	511,226	353,691	233,154	92,730	22,074
Amounts payable`17/49`	598.7m	510.8m	525.6m	336.0m	363.4m	297.8m	277.9m	164.1m	63.1m
Amounts payable after more than one year`17`	-	-	-	-	-	-	-	-	530,367
Other amounts payable`178/9`	-	-	-	-	-	-	-	-	530,367
Amounts payable within one year`42/48`	598.7m	510.8m	525.6m	336.0m	363.4m	297.8m	277.9m	164.1m	62.6m
Current portion of amounts payable after more than one year`42`	-	-	-	-	-	-	569,401	1.1m	-
Financial debts`43`	-	-	-	17.8m	-	-	-	13.4m	2.0m
Credit institutions`430/8`	-	-	-	17.8m	-	-	-	13.4m	2.0m
Trade debts`44`	598.2m	510.0m	524.5m	317.0m	336.8m	297.4m	277.0m	149.5m	59.4m
Suppliers`440/4`	598.2m	510.0m	524.5m	317.0m	336.8m	297.4m	277.0m	149.5m	59.4m
Taxes, remuneration and social security`45`	527,967	736,763	1.1m	619,189	1.0m	472,620	306,931	127,739	119,090
Taxes`450/3`	79,581	219,927	681,666	334,740	676,008	21,372	48,881	158	43,004
Remuneration and social security`454/9`	448,385	516,836	441,501	284,449	329,121	451,248	258,050	127,581	76,086
Other amounts payable`47/48`	-	-	9,959	624,422	25.6m	-	-	-	1.1m
Accrued charges and deferred income`492/3`	1,473	22,093	-	11,403	-	-	-	5,000	68,269
Income statement
Operating income`70/76A`	6.10bn	5.81bn	5.36bn	4.19bn	4.01bn	3.78bn	2.64bn	1.37bn	408.0m
Turnover`70`	6.07bn	5.80bn	5.33bn	4.17bn	3.98bn	3.77bn	2.63bn	1.37bn	406.7m
Other operating income`74`	28.4m	15.8m	27.4m	20.9m	28.2m	-	-	-	-
Non-recurring operating income`76A`	-	-	-	-	-	-	100	-	-
Operating charges`60/66A`	6.10bn	5.81bn	5.36bn	4.19bn	4.01bn	3.78bn	2.64bn	1.37bn	407.8m
Goods for resale, raw materials and consumables`60`	6.06bn	5.78bn	5.32bn	4.16bn	3.97bn	3.76bn	2.62bn	1.36bn	402.6m
Purchases`600/8`	6.06bn	5.78bn	5.32bn	4.16bn	3.97bn	3.76bn	2.62bn	1.36bn	402.6m
Services and other goods`61`	12.2m	12.6m	13.5m	10.2m	10.0m	8.2m	7.2m	5.6m	4.4m
Remuneration, social security and pensions`62`	3.1m	3.1m	2.8m	2.3m	2.0m	2.0m	1.6m	886,687	733,233
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	1.1m	873,367	731,113	637,897	558,353	228,516	239,272	221,346	135,106
Other operating charges`640/8`	21.3m	11.4m	23.0m	17.2m	25.2m	7.4m	11.8m	4.8m	1,160
Non-recurring operating charges`66A`	-	-	-	-	-	108,344	-	-	3,210
Operating profit (loss)`9901`	366,873	349,447	-703,825	684,825	458,297	529,154	432,768	195,395	132,770
Financial income`75/76B`	61,801	100,475	1.3m	7,345	0	3,116	0	2,002	4,817
Recurring financial income`75`	61,801	100,475	1.3m	7,345	0	3,116	0	2,002	4,817
Income from current assets`751`	32,898	34,541	1.3m	-	-	-	-	2,000	4,800
Other financial income`752/9`	28,903	65,934	0	7,345	0	3,116	0	2	17
Financial charges`65/66B`	53,286	66,303	284,553	397,006	216,294	327,149	217,859	67,743	42,513
Recurring financial charges`65`	53,286	66,303	284,553	397,006	216,294	327,149	217,859	67,743	42,513
Debt charges`650`	20,447	35,743	114,361	75,439	4,452	44,556	62,983	59,468	39,693
Other financial charges`652/9`	32,839	30,560	170,192	321,568	211,843	282,592	154,875	8,275	2,820
Profit (loss) for the period before taxes`9903`	375,388	383,619	354,472	295,164	242,003	205,122	214,910	129,654	95,074
Income taxes`67/77`	121,687	121,748	127,108	115,863	84,468	84,585	74,486	58,997	43,000
Taxes`670/3`	121,687	127,917	127,108	115,969	84,468	84,585	80,000	58,997	43,000
Tax adjustments and reversals of tax provisions`77`	-	6,170	-	106	-	-	5,514	-	-
Profit (loss) for the period`9904`	253,702	261,871	227,364	179,302	157,535	120,537	140,424	70,656	52,074
Profit (loss) for the period to be appropriated`9905`	253,702	261,871	227,364	179,302	157,535	120,537	140,424	70,656	52,074
Appropriation of the result
Profit (loss) to be appropriated`9906`	1.4m	1.2m	917,892	690,527	511,226	353,691	233,154	92,730	52,074
Profit (loss) brought forward from the previous period`14P`	1.2m	917,892	690,527	511,226	353,691	-	-	-	-
Transfer to equity`691/2`	-	-	-	-	-	-	-	-	30,000
To the legal reserve`6920`	-	-	-	-	-	-	-	-	30,000
Social balance sheet
Average staff (FTE)`9087`	37.5	40.2	34.9	32.2	27.2	26.1	22.4	12.2	4.1
Men (FTE)`1003`	22.4	20.2	17.9	15.9	13.2	11.2	9.5	2.3	1.8
Women (FTE)`1003`	15.1	20	17	16.3	14	14.9	12.9	9.9	2.3
Agency workers`1501`	1	6.7	11.8	6.4	10.7	4.7	4	1	-
Hours worked`1013`	60,019	59,552	53,883	52,824	44,377	43,901	36,949	20,667	14,071
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	full format	25-06-2026	2026-00206125	PDF
31-12-2024	full format	07-07-2025	2025-00246590	PDF
31-12-2023	full format	05-07-2024	2024-00221955	PDF
31-12-2022	full format	31-07-2023	2023-00303911	PDF
31-12-2021	full format	19-07-2022	2022-20221013	PDF
31-12-2020	full format	06-09-2021	2021-66800281	PDF
31-12-2019	full format	08-07-2020	2020-27800415	PDF
31-12-2018	full format	22-07-2019	2019-37400150	PDF
31-12-2017	full format	24-07-2018	2018-37900200	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017
EBITDA	1.4m	1.2m	27,289	1.3m	1.0m	757,670	672,041	416,741	267,876
Cash flow	1.3m	1.1m	958,477	817,199	715,888	349,052	379,697	292,003	187,179
Investment in fixed assets	903,788	919,171	722,054	725,303	927,208	1.3m	475,726	72,159	1.1m
Change in cash	50.0m	96.4m	36.7m	-2.9m	-81.5m	80.2m	2.2m	4.3m	-
Working capital	-479,399	-859,222	-1.1m	-1.3m	-1.4m	-1.3m	-498,512	-397,983	-24,192
EBIT margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Solvency	0.3%	0.3%	0.2%	0.3%	0.2%	0.2%	0.2%	0.3%	0.6%
Current ratio	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
ROE	14.4%	17.3%	18.2%	17.6%	18.7%	17.6%	24.9%	16.7%	14.8%
ROA	0.0%	0.1%	0.0%	0.1%	0.0%	0.0%	0.1%	0.0%	0.1%
Interest coverage	69.32	34.21	0.24	17.53	over 100	17.00	10.67	7.01	6.75
Customer credit	4 days	3 days	9 days	6 days	10 days	4 days	10 days	6 days	28 days
Supplier credit	36 days	32 days	36 days	28 days	31 days	29 days	38 days	40 days	53 days

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	38	39	36	33	31
full-time	38	39	36	33	30
part-time	-	-	-	-	1
in full-time equivalents	38	39	36	33	30.8
Average over the year, in full-time equivalents	37.5	40.2	34.9	32.2	27.2
On a permanent contract	37	39	36	33	31
Joined	13	15	16	19	16
Left	14	12	13	17	11
Agency workers, average number	1	6.7	11.8	6.4	10.7
Training hours	852	1,007	2,412	210	53

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€107,621	€21,054	€48,386	€125,327	€22,810
Intangible fixed assets	€796,167	€898,117	€673,668	€599,976	€904,399
Depreciation and write-downs of the year	€1.1m	€873,367	€731,113	€637,897	€558,353

Janssen Pharmaceutica establishment since 08-05-2015 · founded in 1934 · group Johnson & Johnson	5,325 FTE (2025) 0403.834.160
MERCEDES-BENZ BELGIUM LUXEMBOURG establishment since 01-04-2011 · founded in 1979 · group Mercedes-Benz Group AG	turnover €2.20bn (2025) 0419.946.355
JOHNSON & JOHNSON MEDICAL establishment since 01-06-2015 · founded in 1984 · group Johnson & Johnson	268 FTE (2025) 0425.967.580
PHILIPS BELGIUM COMMERCIAL establishment since 01-02-2016 · founded in 2015	163 FTE (2025) 0632.761.088
COOPELEC registered office since 07-10-2013 · founded in 2013	6.6 FTE (2025) 0540.574.961
Syngenta Crop Protection registered office since 11-09-2001 · founded in 1999 · group SYNGENTA AG	20 FTE (2025) 0467.556.628
EPRA INTERNATIONAL registered office since 04-06-2009 · founded in 2009	15 FTE (2025) 0812.104.487
EUROPEAN PUBLIC REAL ESTATE ASSOCIATION registered office since 08-05-2009 · founded in 2009	total assets €11.2m (2025) 0811.738.560
HOTREC, Hotels, Restaurants & Cafés in Europe registered office since 01-01-2008 · founded in 1993	6.7 FTE (2025) 0451.258.945
S.B. LEGAL SERVICES establishment since 29-06-2018 · founded in 2006	total assets €888,333 (2025) 0879.455.547

Overview

Lifetime

Key points

Equity

Debts

Staff

At the same address

Board

Position in the sector

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts 2025

Insights on SCABEL

Financials

Annual accounts 2025

Money flows

Balance sheet

Change in equityin €m

Change in cashin €m

Position in the sector

Solvency0.3%

Current ratio1.00

Return on assets0.0%

Staff

Men and women40% women

Staff cost per FTE€82,847

Joined and left-1

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Auditor

Insights on SCABEL

Board & ownership

Board

Mandates through the years

Control

Capital

Owners through the years

Articles of association

Shareholders

Owners 2

Network & group

Holdings

Belgium 1 Equity Result

Parent

At the same address

Holdings and subsidiaries

Holdings 1

Connections & network

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the address

Location

Parcels

Recognitions

Food safety, FASFC