ACTIVE

Griffith Foods

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Financial year 2025 · Closed on 30/09/2025

Net result-2,3 M €+30,5 %over 1 year
Revenue111,2 M €+5,5 %over 1 year
Equity61,4 M €+15,9 %over 1 year
Workforce224,1 ETP+0,8 %over 1 year

Identity

Source · BCE/KBO

Griffith Foods is a Public limited company incorporated in 1971. Its registered office is in Herentals. It employs on average 224,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0408.403.058
Incorporation
04/06/1971
Legal form
Public limited company
Registered office
Toekomstlaan(HRT) 44
2200 Herentals · FlandreSee on map
Contributed capital
70 827 546,84 €
Latest accounts
30/09/2025
Average workforce
224,1 ETP
Joint committees (2)
  • 118
  • 220
Signals
Solid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 22 filings

Trend over 17 financial years

20252024202320222021
Income statement
Revenue111,2 M €105,4 M €103,6 M €98,8 M €89,2 M €
EBITDA3,4 M €3,2 M €3,5 M €4,3 M €1,4 M €
Operating result533,4 k €471,9 k €1 M €2 M €572,6 k €
Net result-2,3 M €-3,3 M €-18,7 M €557,1 k €172,9 k €
Balance sheet
Equity61,4 M €53 M €56,3 M €17,5 M €17 M €
Total assets168,4 M €181,3 M €178,7 M €121,9 M €110,1 M €
Cash3,7 M €8,2 M €3 M €4,8 M €2 M €
Debts106,3 M €128 M €122,2 M €104,2 M €92,9 M €
Other
Workforce224,1 ETP222,3 ETP228,2 ETP221,8 ETP208,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

5 active · 47 ended

Active mandates

Thomas Verrooten

Director · since 01 juin 2025 · until 31 décembre 2025

Active
William Cahill

Director · since 01 janvier 2025 · until 20 février 2030

Active
Filip De Reymaeker

Managing director · since 15 mars 2023 · until 15 mars 2029

Active
Matthew Charles Corker

Director · since 15 mars 2023 · until 15 mars 2029

Active
Brian Griffith

Director · since 19 février 2020 · until 18 février 2026

Active

Ended mandates

Brain Griffith

Director · since 19 février 2020 · until 18 février 2026

Ended
Brian Grifith

Director · since 19 février 2020 · until 18 février 2026

Ended
William Charles Frost

Director · since 19 février 2020 · until 15 mars 2023

Ended
William Charles Frost

Director · since 19 février 2020 · until 18 février 2026

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date18/03/202628/03/202521/03/202414/09/202303/03/202223/02/2021
General meeting18/03/202618/03/202521/02/202415/03/202316/02/202217/02/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 22 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model30/09/202518/03/202618/03/2026DutchPDF
Full model30/09/202418/03/202528/03/2025DutchPDF
Full model30/09/202321/02/202421/03/2024DutchPDF
Consolidated accounts30/09/202308/10/202524/10/2025DutchPDF
Full modelCorrection30/09/202215/03/202314/09/2023DutchPDF
Full model30/09/202215/03/202327/03/2023DutchPDF
Full model30/09/202116/02/202203/03/2022DutchPDF
Full model30/09/202017/02/202123/02/2021DutchPDF
Full model30/09/201919/02/202012/03/2020DutchPDF
Full model30/09/201820/02/201921/03/2019DutchPDF
Full model30/09/201721/02/201820/03/2018DutchPDF
Full model30/09/201615/02/201723/03/2017DutchPDF
Full model30/09/201517/02/201620/04/2016DutchPDF
Full model30/09/201418/02/201511/03/2015DutchPDF
Full model30/09/201319/02/201414/03/2014DutchPDF
Full model30/09/201220/02/201328/03/2013DutchPDF
Full model30/09/201115/02/201222/03/2012DutchPDF
Full model30/09/201016/02/201123/02/2011DutchPDF
Full model30/09/200917/02/201031/03/2010DutchPDF
Full model30/09/200818/02/200926/03/2009DutchPDF
Full model30/09/200712/03/200828/03/2008DutchPDF
Full model30/09/200614/03/200723/03/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Board of directors

Source · NBB, accounts to 30/09/2025

5 active · 47 ended

Active mandates

Thomas Verrooten

Director · since 01 juin 2025 · until 31 décembre 2025

Active
William Cahill

Director · since 01 janvier 2025 · until 20 février 2030

Active
Filip De Reymaeker

Managing director · since 15 mars 2023 · until 15 mars 2029

Active
Matthew Charles Corker

Director · since 15 mars 2023 · until 15 mars 2029

Active
Brian Griffith

Director · since 19 février 2020 · until 18 février 2026

Active

Ended mandates

Brain Griffith

Director · since 19 février 2020 · until 18 février 2026

Ended
Brian Grifith

Director · since 19 février 2020 · until 18 février 2026

Ended
William Charles Frost

Director · since 19 février 2020 · until 15 mars 2023

Ended
William Charles Frost

Director · since 19 février 2020 · until 18 février 2026

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/04/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares15/09/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates10/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 01/04/2026
    nominationSven Lamote — bestuurder
  2. 15/03/2026
    nominationPoel Maarten — commissaris
  3. 18/02/2026
    reconductionBrian Griffith — bestuurder
  4. 2025
    Annual accounts 2025-2,3 M €↑
  5. 29/08/2025
    augmentation_capital
  6. 01/06/2025
    reconductionThomas Verrooten — bestuurder
  7. 01/01/2025
    nominationWilliam Cahill — bestuurder
  8. 01/10/2024
    reconductionMatthew West — bestuurder
  9. 2024
    Annual accounts 2024-3,3 M €↑
  10. 2023
    Annual accounts 2023-18,7 M €↓
  11. 31/05/2023
    augmentation_capital
  12. 31/05/2023
    apport
  13. 15/03/2023
    nominationFilip De Reymaeker — gedelegeerd bestuurder
  14. 15/03/2023
    nominationMatthew Corker — bestuurder
  15. 15/03/2023
    nominationFilip de Reymaeker — bestuurder en gedelegeerd bestuurder
  16. 15/03/2023
    reconductionKPMG bedrijfsrevisoren BV — commissaris
  17. 2022
    Annual accounts 2022557,1 k €↑
  18. 01/10/2021
    autre
  19. 2021
    Annual accounts 2021172,9 k €↓
  20. 2020
    Annual accounts 20201,9 M €↓
  21. 2019
    Annual accounts 20192,6 M €↓
  22. 2018
    Annual accounts 20183,7 M €↑
  23. 2017
    Annual accounts 20173 M €↑
  24. 2016
    Annual accounts 2016-115,1 k €↑
  25. 2015
    Annual accounts 2015-1,1 M €↓
  26. 2014
    Annual accounts 2014-221,1 k €↓
  27. 2013
    Annual accounts 2013-9,5 k €↑
  28. 2012
    Annual accounts 2012-2,2 M €↓
  29. 2011
    Annual accounts 2011-565,4 k €↑
  30. 2008
    Annual accounts 2008-1,1 M €↑
  31. 2007
    Annual accounts 2007-2,4 M €
  32. 04/06/1971
    IncorporationPublic limited company