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Biscuiterie Willems

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Financial year 2025 · closed on 31/12/2025

Net result

12,2 M €

-14.9% YoY

Revenue

104,5 M €

-2.2% YoY

Equity

88,8 M €

+15.9% YoY

Workforce

167,4 ETP

+13.0% YoY

What does Biscuiterie Willems do?

Biscuiterie Willems is a Private company with limited liability incorporated in 1965. Its main activity is: Manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes. Its registered office is in Eeklo. It employs on average 167,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0401.006.413

Incorporation

13/01/1965

Legal form

Private company with limited liability

Registered office

Nieuwendorpe 33 box C
9900 Eeklo · FlandreSee on map

Contributed capital

599 000,00 €

Latest accounts

31/12/2025

Average workforce

167,4 ETP

Activities (NACE)

10720Manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes· main 10720Manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes 15820Manufacture of leather and related products

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	104,5 M €	-2.2%	106,9 M €	+5.1%	101,7 M €	+27.8%	79,6 M €	+10.9%	71,8 M €	+14.8%	62,5 M €	-1.5%	63,5 M €	+7.3%	59,2 M €	+7.7%	54,9 M €	+8.2%	50,8 M €	+92.6%	26,4 M €	-0.9%	26,6 M €	+5.2%	25,3 M €	+12.6%	22,5 M €	+26.2%	17,8 M €	+5.5%	16,9 M €	+22.7%	13,8 M €	+18.0%	11,7 M €		–		–
EBITDA	18,4 M €	-5.2%	19,4 M €	+20.9%	16,1 M €	+67.1%	9,6 M €	-9.0%	10,6 M €	-2.0%	10,8 M €	-15.8%	12,8 M €	+22.5%	10,5 M €	+12.0%	9,3 M €	+1.3%	9,2 M €	+68.3%	5,5 M €	+24.5%	4,4 M €	+3.9%	4,2 M €	+6.8%	4 M €	+36.1%	2,9 M €	-28.6%	4,1 M €	+23.7%	3,3 M €	+49.6%	2,2 M €	+17.5%	1,9 M €	+10.8%	1,7 M €
Operating result	15,4 M €	-13.3%	17,8 M €	+17.7%	15,1 M €	+66.8%	9 M €	-10.8%	10,1 M €	-1.1%	10,2 M €	-16.6%	12,3 M €	+21.5%	10,1 M €	+14.5%	8,8 M €	+2.4%	8,6 M €	+85.2%	4,7 M €	+48.6%	3,1 M €	-4.4%	3,3 M €	+16.8%	2,8 M €	+62.4%	1,7 M €	-45.3%	3,2 M €	+26.7%	2,5 M €	+67.2%	1,5 M €	+30.6%	1,1 M €	+13.9%	1 M €
Net result	12,2 M €	-14.9%	14,3 M €	+19.6%	12 M €	+75.5%	6,8 M €	-10.6%	7,6 M €	-1.3%	7,7 M €	-11.4%	8,7 M €	+22.7%	7,1 M €	+21.1%	5,9 M €	+1.9%	5,8 M €	+82.7%	3,2 M €	+43.7%	2,2 M €	-4.2%	2,3 M €	+18.0%	1,9 M €	+53.0%	1,3 M €	-41.2%	2,2 M €	+25.6%	1,7 M €	+70.9%	1 M €	+35.4%	742,4 k €	+12.8%	658,2 k €
Balance sheet
Equity	88,8 M €	+15.9%	76,6 M €	+23.0%	62,3 M €	+117%	28,7 M €	+31.2%	21,9 M €	+53.6%	14,2 M €	+119%	6,5 M €	-82.8%	37,8 M €	+23.2%	30,7 M €	+23.7%	24,8 M €	+30.3%	19 M €	+19.8%	15,9 M €	+16.0%	13,7 M €	+20.1%	11,4 M €	+20.5%	9,5 M €	+15.5%	8,2 M €	+35.7%	6 M €	+39.8%	4,3 M €	+30.3%	3,3 M €	+28.9%	2,6 M €
Total assets	106 M €	+15.7%	91,7 M €	+14.6%	80 M €	+57.0%	51 M €	+31.8%	38,7 M €	+36.6%	28,3 M €	-54.3%	61,9 M €	+18.3%	52,4 M €	+18.3%	44,3 M €	+29.7%	34,1 M €	+41.3%	24,1 M €	+11.0%	21,7 M €	+8.7%	20 M €	+40.1%	14,3 M €	+8.9%	13,1 M €	+23.1%	10,6 M €	+29.3%	8,2 M €	+28.3%	6,4 M €	+29.1%	5 M €	+17.3%	4,2 M €
Cash	64,5 M €	+16.2%	55,5 M €	+4.5%	53,2 M €	+60.7%	33,1 M €	+54.5%	21,4 M €	+29.1%	16,6 M €	-64.9%	47,3 M €	+22.4%	38,6 M €	+26.4%	30,5 M €	+26.7%	24,1 M €	+49.5%	16,1 M €	+17.0%	13,8 M €	+80.8%	7,6 M €	+120%	3,5 M €	-4.2%	3,6 M €	+62.2%	2,2 M €	+78.9%	1,2 M €	+18.3%	1,1 M €	+59.9%	657,3 k €	+379%	137,2 k €
Debts	17,3 M €	+14.5%	15,1 M €	-15.0%	17,7 M €	-20.4%	22,3 M €	+32.7%	16,8 M €	+19.6%	14,1 M €	-74.6%	55,4 M €	+281%	14,6 M €	+7.2%	13,6 M €	+45.9%	9,3 M €	+82.4%	5,1 M €	-12.8%	5,9 M €	-7.1%	6,3 M €	+120%	2,9 M €	-21.3%	3,6 M €	+52.6%	2,4 M €	+8.6%	2,2 M €	+4.7%	2,1 M €	+26.7%	1,7 M €	-0.4%	1,7 M €
Other
Workforce	167,4 ETP	+13.0%	148,1 ETP	+11.9%	132,4 ETP	+11.7%	118,5 ETP	+13.2%	104,7 ETP	+8.8%	96,2 ETP	+3.0%	93,4 ETP	+6.3%	87,9 ETP	+7.7%	81,6 ETP	+28.7%	63,4 ETP	+8.0%	58,7 ETP	-0.3%	58,9 ETP	+7.3%	54,9 ETP	-10.1%	61,1 ETP	+4.4%	58,5 ETP	+12.5%	52,0 ETP	+12.3%	46,3 ETP	+12.4%	41,2 ETP	+23.0%	33,5 ETP	+8.8%	30,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 8 ended

Active mandates

Saskia De Paepe

Managing director · since 01 octobre 2024 · until 03 mai 2030

Active

Ignace Heyman

Director · since 05 mai 2023 · until 04 mai 2029

Active

Johannes Van de Par

Director · since 05 mai 2023 · until 04 mai 2029

Active

Pieter Grymonpré

Director · since 05 mai 2023 · until 04 mai 2029

Active

Ended mandates

Johannes Van de Par

Managing director · since 05 mai 2023 · until 04 mai 2029

Ended

William Du Pré

Chairman of the board of directors · since 05 mai 2023 · until 30 septembre 2024

Ended

William Du Pré

Chairman of the board of directors · since 05 mai 2023 · until 02 mai 2025

Ended

William Du Pré

Administrator - manager · since 01 octobre 2019

Ended

At this address

Other companies at this address

Company	CBE no.
DN Steel Concepts● Active	0732.884.785
LABEL INVEST PAUWELS● Active	0458.750.711
LVS technics● Active	0847.861.261

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/05/2026	26/05/2025	30/05/2024	22/05/2023	23/05/2022	01/06/2021
General meeting	04/05/2026	02/05/2025	03/05/2024	05/05/2023	06/05/2022	07/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	04/05/2026	18/05/2026	Dutch	PDF
Full model	31/12/2024	02/05/2025	26/05/2025	Dutch	PDF
Full model	31/12/2023	03/05/2024	30/05/2024	Dutch	PDF
Full model	31/12/2022	05/05/2023	22/05/2023	Dutch	PDF
Full model	31/12/2021	06/05/2022	23/05/2022	Dutch	PDF
Full model	31/12/2020	07/05/2021	01/06/2021	Dutch	PDF
Full model	31/12/2019	04/05/2020	15/05/2020	Dutch	PDF
Full model	31/12/2018	03/05/2019	13/05/2019	Dutch	PDF
Full model	31/12/2017	04/05/2018	28/05/2018	Dutch	PDF
Full model	31/12/2016	05/05/2017	19/05/2017	Dutch	PDF
Full modelCorrection	31/12/2015	06/05/2016	17/06/2016	Dutch	PDF
Full model	31/12/2015	06/05/2016	20/05/2016	Dutch	PDF
Full model	31/12/2014	04/05/2015	19/05/2015	Dutch	PDF
Full model	31/12/2013	19/05/2014	26/05/2014	Dutch	PDF
Full model	31/12/2012	19/02/2013	21/06/2013	Dutch	PDF
Full model	31/12/2011	21/05/2012	16/07/2012	Dutch	PDF
Full model	31/12/2010	16/05/2011	01/07/2011	Dutch	PDF
Full model	31/12/2009	17/05/2010	19/07/2010	Dutch	PDF
Full model	31/12/2008	18/05/2009	10/06/2009	Dutch	PDF
Abridged model	31/12/2007	19/05/2008	10/07/2008	Dutch	PDF
Abridged model	31/12/2006	21/05/2007	20/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 8 ended

Active mandates

Saskia De Paepe

Managing director · since 01 octobre 2024 · until 03 mai 2030

Active

Ignace Heyman

Director · since 05 mai 2023 · until 04 mai 2029

Active

Johannes Van de Par

Director · since 05 mai 2023 · until 04 mai 2029

Active

Pieter Grymonpré

Director · since 05 mai 2023 · until 04 mai 2029

Active

Ended mandates

Johannes Van de Par

Managing director · since 05 mai 2023 · until 04 mai 2029

Ended

William Du Pré

Chairman of the board of directors · since 05 mai 2023 · until 30 septembre 2024

Ended

William Du Pré

Chairman of the board of directors · since 05 mai 2023 · until 02 mai 2025

Ended

William Du Pré

Administrator - manager · since 01 octobre 2019

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring06/06/2023
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring31/03/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates26/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares18/10/2021
KAPITAAL - AANDELEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

05/05/2026
nominationMaes Jeroen — bestuurder
2025
Annual accounts 202512,2 M €↓
02/05/2025
nominationDeloitte Bedrijfsrevisoren — commissaris
2024
Annual accounts 202414,3 M €↑
01/10/2024
nominationSaskia De Paepe — bestuurder
2023
Annual accounts 202312 M €↑
05/05/2023
nominationJohn Van de Par — Gedelegeerd Bestuurder
05/05/2023
nominationWilliam Du Pré — Voorzitter van de Raad van Bestuur
05/05/2023
nominationIgnace Heyman — bestuurder
05/05/2023
nominationPieter Grymonpré — bestuurder
2022
Annual accounts 20226,8 M €↓
06/05/2022
reconductionPwC Bedrijfsrevisoren BV — commissaris
2021
Annual accounts 20217,6 M €↓
2020
Annual accounts 20207,7 M €↓
2019
Annual accounts 20198,7 M €↑
2018
Annual accounts 20187,1 M €↑
2017
Annual accounts 20175,9 M €↑
2016
Annual accounts 20165,8 M €↑
2015
Annual accounts 20153,2 M €↑
2014
Annual accounts 20142,2 M €↓
2013
Annual accounts 20132,3 M €↑
2012
Annual accounts 20121,9 M €↑
2011
Annual accounts 20111,3 M €↓
2010
Annual accounts 20102,2 M €↑
2009
Annual accounts 20091,7 M €↑
2008
Annual accounts 20081 M €↑
2007
Annual accounts 2007742,4 k €↑
2006
Annual accounts 2006658,2 k €
13/01/1965
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Biscuiterie Willems

Overview

What does Biscuiterie Willems do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline