W.H. Brady
0405.007.662 · rovalta.com · 27/09/2026
ACTIVE
W.H. Brady
Financial year 2025 · Closed on 31/07/2025
Net result3,2 M €-49,5 %over 1 year
Revenue103 M €-0,1 %over 1 year
Equity43,8 M €+2,7 %over 1 year
Workforce270,6 ETP-2,3 %over 1 year
Overview
Identity
Source · BCE/KBOW.H. Brady is a Public limited company incorporated in 1966. Its main activity is: Manufacture of articles of paper and paperboard. Its registered office is in Zele. It employs on average 270,6 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0405.007.662
- Incorporation
- 17/06/1966
- Legal form
- Public limited company
- Registered office
- Poldergotestraat 9
9240 Zele · FlandreSee on map - Contributed capital
- 9 891 142,67 €
- Latest accounts
- 31/07/2025
- Average workforce
- 270,6 ETP
Activities (NACE)
Joint committees (4)
- 116
- 130
- 200
- 207
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Financials
Source · NBB, 34 filingsTrend over 8 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 103 M € | -0.1% | 103,2 M € | +2.2% | 101 M € | +9.1% | 92,6 M € | +9.2% | 84,8 M € |
| EBITDA | 5,1 M € | -43.2% | 9,1 M € | -31.2% | 13,2 M € | +7.9% | 12,2 M € | +53.5% | 7,9 M € |
| Operating result | 2,9 M € | -53.4% | 6,3 M € | -41.5% | 10,8 M € | +13.9% | 9,5 M € | +55.3% | 6,1 M € |
| Net result | 3,2 M € | -49.5% | 6,3 M € | -38.8% | 10,2 M € | +19.4% | 8,6 M € | +3321% | 250,1 k € |
| Balance sheet | |||||||||
| Equity | 43,8 M € | +2.7% | 42,6 M € | +9.7% | 38,8 M € | +23.6% | 31,4 M € | -6.4% | 33,6 M € |
| Total assets | 108,9 M € | +9.4% | 99,6 M € | +20.7% | 82,5 M € | +1.0% | 81,7 M € | +35.5% | 60,3 M € |
| Cash | 722,1 k € | +415% | 140,1 k € | -32.6% | 207,8 k € | +86.1% | 111,7 k € | +11.8% | 99,9 k € |
| Debts | 62,9 M € | +15.5% | 54,5 M € | +30.1% | 41,9 M € | -14.1% | 48,8 M € | +99.0% | 24,5 M € |
| Other | |||||||||
| Workforce | 270,6 ETP | -2.3% | 277,1 ETP | +1.5% | 272,9 ETP | +1.7% | 268,4 ETP | +5.8% | 253,6 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 50 M€ and 100 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/07/20252 active · 3 ended
Active mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Ann Thornton | Director | 14/04/2023 → 02/01/2029 | 000 |
Brett Wilms | Managing director | 14/04/2023 → 02/01/2029 | 00 |
Ended mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Aaron Pearce | Director | 27/01/2021 → 26/01/2027 | |
Mickael Nauman | Director | 27/01/2021 → 28/03/2022 | |
Brett Wilms | Director | 17/07/2018 → 31/12/2024 | 00 |
Other companies at this address
Poldergotestraat 9 9240 Zele| Company | CBE no. |
|---|---|
GRAVOTECH BENELUX● Active | 0406.055.460 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | m90-f | Consolidated accounts | Consolidated accounts | Full model | Full model | Full model |
| Start of the financial year | 01/08/2024 | 01/08/2023 | 01/08/2022 | 01/08/2021 | 01/08/2020 | 01/08/2019 |
| Closing of the financial year | 31/07/2025 | 31/07/2024 | 31/07/2023 | 31/07/2022 | 31/07/2021 | 31/07/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 31/07/2026 | 14/02/2025 | 30/01/2024 | 23/01/2023 | 29/08/2022 | 29/01/2021 |
| General meeting | – | – | – | 02/01/2023 | 31/12/2021 | 31/12/2020 |
| Currency of the financial year | EUR | USD | USD | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 34 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/07/2025 | 31/12/2025 | 21/01/2026 | Dutch | |
| m90-f | 31/07/2025 | — | 31/07/2026 | Dutch | |
| Consolidated accounts | 31/07/2025 | — | 27/01/2026 | Dutch | |
| Full model | 31/07/2024 | 31/12/2024 | 24/01/2025 | Dutch | |
| Consolidated accounts | 31/07/2024 | — | 14/02/2025 | Dutch | |
| Full model | 31/07/2023 | 02/01/2024 | 29/01/2024 | Dutch | |
| Consolidated accounts | 31/07/2023 | — | 30/01/2024 | Dutch | |
| Full model | 31/07/2022 | 02/01/2023 | 23/01/2023 | Dutch | |
| Consolidated accounts | 31/07/2022 | — | 25/01/2023 | Dutch | |
| Full modelCorrection | 31/07/2021 | 31/12/2021 | 29/08/2022 | Dutch | |
| Full model | 31/07/2021 | 31/12/2021 | 21/01/2022 | Dutch | |
| Consolidated accounts | 31/07/2021 | 01/01/9999 | 26/01/2022 | Dutch | |
| Full model | 31/07/2020 | 31/12/2020 | 29/01/2021 | Dutch | |
| Consolidated accounts | 31/07/2020 | 01/01/9999 | 29/01/2021 | Dutch | |
| Full model | 31/07/2019 | 31/12/2019 | 22/01/2020 | Dutch | |
| Consolidated accounts | 31/07/2019 | 01/01/9999 | 23/01/2020 | Dutch | |
| Full model | 31/07/2018 | 02/01/2019 | 09/01/2019 | Dutch | |
| Consolidated accounts | 31/07/2018 | 01/01/9999 | 23/01/2019 | Dutch | |
| Full model | 31/07/2017 | 02/01/2018 | 18/01/2018 | Dutch | |
| Consolidated accounts | 31/07/2017 | 01/01/9999 | 19/01/2018 | Dutch | |
| Full model | 31/07/2016 | 30/12/2016 | 13/01/2017 | Dutch | |
| Consolidated accounts | 31/07/2016 | 01/01/9999 | 17/01/2017 | Dutch | |
| Full model | 31/07/2015 | 31/12/2015 | 19/01/2016 | Dutch | |
| Consolidated accounts | 31/07/2015 | 01/01/9999 | 28/01/2016 | Dutch | |
| Full model | 31/07/2014 | 09/01/2015 | 22/01/2015 | Dutch | |
| Consolidated accounts | 31/07/2014 | 01/01/9999 | 27/03/2015 | Dutch | |
| Full model | 31/07/2013 | 17/01/2014 | 27/02/2014 | Dutch | |
| Full model | 31/07/2012 | 31/12/2012 | 27/02/2013 | Dutch | |
| Full model | 31/07/2011 | 02/01/2012 | 19/01/2012 | Dutch | |
| Full model | 31/07/2010 | 31/12/2010 | 21/01/2011 | Dutch | |
| Full model | 31/07/2009 | 31/12/2009 | 29/01/2010 | Dutch | |
| Full model | 31/07/2008 | 02/01/2009 | 26/02/2009 | Dutch | |
| Full model | 31/07/2007 | 02/01/2008 | 11/02/2008 | Dutch | |
| Full model | 31/07/2006 | 02/01/2007 | 02/02/2007 | Dutch |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 50 M€ and 100 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/07/20252 active · 3 ended
Active mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Ann Thornton | Director | 14/04/2023 → 02/01/2029 | 000 |
Brett Wilms | Managing director | 14/04/2023 → 02/01/2029 | 00 |
Ended mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Aaron Pearce | Director | 27/01/2021 → 26/01/2027 | |
Mickael Nauman | Director | 27/01/2021 → 28/03/2022 | |
Brett Wilms | Director | 17/07/2018 → 31/12/2024 | 00 |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates04/02/2025ONTSLAGEN - BENOEMINGEN
- Mandates30/09/2024MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Mandates20/02/2024ONTSLAGEN - BENOEMINGEN
- Mandates20/06/2023ONTSLAGEN - BENOEMINGEN
- Mandates23/08/2022ONTSLAGEN - BENOEMINGEN
- Mandates06/05/2022ONTSLAGEN - BENOEMINGEN
- Mandates08/04/2022ONTSLAGEN - BENOEMINGEN
- Mandates30/06/2021ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20253,2 M €↓
- 2025Name changeWH Brady NV
- 2025Name changeW.H. Brady
- 31/12/2024reconductionBDO Bedrijfsrevisoren BV · commissaris
- 14/08/2024nominationGuy Van Veerdegem · Zele site lead
- 2024Annual accounts 20246,3 M €↓
- 08/01/2024nominationMatthew William Roller · bijzonder gevolmachtigde
- 08/01/2024nominationBrett Wilms · gedelegeerd bestuurder
- 14/12/2023nominationPatrick André M. Van Goey · bijzondere volmacht
- 2023Annual accounts 202310,2 M €↑
- 2023Name changeW.H. Brady
- 14/04/2023reconductionBrett Wilms · bestuurder
- 14/04/2023nominationAnn Thornton · bestuurder
- 2022Annual accounts 20228,6 M €↑
- 2022Name changeWH BRADY
- 27/06/2022nominationRussel R. Shaller · bijzondere lasthebber
- 27/06/2022nominationAaron J. Pearce · bijzondere lasthebber
- 27/06/2022nominationAnn Thornton · bijzondere lasthebber
- 2021Annual accounts 2021250,1 k €↓
- 13/05/2021revocationGuillaume LaFont · bijzondere volmachthouder
- 2018Annual accounts 20183,5 M €↓
- 2017Annual accounts 20178,9 M €↑
- 2009Annual accounts 2009-1,8 M €
- 17/06/1966IncorporationPublic limited company
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Poldergotestraat 9, 9240 ZeleCurrent | accounts 2025 · CBE, tracked since 27/09/2026 | Accounts 2025 · 2026-00383720 |
| Lindestraat 20, 9240 Zele | accounts 2022 | Accounts 2022 · 2023-00010806 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| W.H. BradyCurrent | accounts 2025 · CBE, tracked since 27/09/2026 | Accounts 2025 · 2026-00383720 |
| WH Brady NV | accounts 2025 | Accounts 2025 · 2026-00013159 |
| W.H. Brady | accounts 2023 → 2024 | Accounts 2024 · 2025-00011603 |
| WH BRADY | accounts 2022 | Accounts 2022 · 2023-00010806 |
| W.H. Brady | accounts 2009 → 2021 | Accounts 2021 · 2022-03000312 |
Annual accounts date a value by the financial year it appears in. The CBE dates a change to the day, but its history has only been kept since 27/09/2026.