ACTIVE

What's Cooking Group

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Financial year 2025 · closed on 31/12/2025

Net result

39,1 M €

+1960.6% YoY

Equity

114,4 M €

+36.8% YoY

Workforce

48,1 ETP

-18.9% YoY

What does What's Cooking Group do?

What's Cooking Group is a Public limited company incorporated in 1981. Its main activity is: Activities of holding companies. Its registered office is in Gent. It employs on average 48,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0421.364.139

Incorporation

19/03/1981

Legal form

Public limited company

Registered office

Kortrijksesteenweg 1091 box C
9051 Gent · FlandreSee on map

Contributed capital

64 856 555,80 €

Latest accounts

31/12/2025

Average workforce

48,1 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 70100Activities of head offices

Joint committees (3)

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		130,8 €		–		136,5 k €
EBITDA	27,2 M €	+1563%	1,6 M €	-86.3%	12,0 M €	+380%	-4,3 M €	-196%	4,4 M €	+297%	1,1 M €	-15.6%	1,3 M €	+618%	-255,6 k €	+93.5%	-3,9 M €	-277%	2,2 M €	+103%	1,1 M €	-28.3%	1,5 M €	+18.0%	1,3 M €	-3.8%	1,3 M €	+10.5%	1,2 M €	+5.5%	1,2 M €	+3.0%	1,1 M €	+20.0%	934,0 k €	-34.4%	1,4 M €
Operating result	26,1 M €	+5316%	481,2 k €	-95.5%	10,7 M €	+297%	-5,5 M €	-258%	3,5 M €	+456%	-973,1 k €	-6.7%	-912,2 k €	+63.8%	-2,5 M €	+57.2%	-5,9 M €	-1476%	427,7 k €	+184%	150,7 k €	-80.8%	785,7 k €	+53.7%	511,1 k €	-5.5%	540,7 k €	+6.9%	505,6 k €	+3.0%	490,7 k €	+1.2%	484,8 k €	+13.4%	427,6 k €	-62.0%	1,1 M €
Net result	39,1 M €	+1961%	-2,1 M €	-114%	14,5 M €	+847%	-1,9 M €	-123%	8,3 M €	-77.4%	36,5 M €	+434%	6,8 M €	+271%	1,8 M €	+78.7%	1,0 M €	-85.2%	7,0 M €	+2412%	278,1 k €	-97.8%	12,7 M €	+2017%	599,5 k €	-78.8%	2,8 M €	-14.2%	3,3 M €	-85.9%	23,4 M €	+304%	5,8 M €	+618%	807,6 k €	+65.3%	488,5 k €
Balance sheet
Equity	114,4 M €	+36.8%	83,6 M €	-19.8%	104,3 M €	+9.7%	95,1 M €	-6.5%	101,7 M €	+4.0%	97,8 M €	+51.1%	64,7 M €	-0.1%	64,8 M €	-7.3%	69,9 M €	-7.8%	75,8 M €	+1.2%	74,9 M €	-7.2%	80,6 M €	+11.6%	72,3 M €	-4.9%	76,0 M €	-1.9%	77,5 M €	-1.3%	78,6 M €	+32.1%	59,5 M €	+3.0%	57,8 M €	-4.5%	60,5 M €
Total assets	192,7 M €	-20.3%	241,6 M €	-28.9%	340,0 M €	+12.0%	303,6 M €	+7.1%	283,6 M €	-14.1%	330,3 M €	+10.5%	299,0 M €	-8.0%	325,1 M €	+20.7%	269,4 M €	+39.6%	192,9 M €	-4.0%	200,8 M €	+14.5%	175,3 M €	-4.8%	184,1 M €	-4.4%	192,6 M €	+4.8%	183,8 M €	+5.8%	173,8 M €	+27.7%	136,1 M €	-3.3%	140,8 M €	-15.3%	166,3 M €
Cash	7,1 M €	+52.7%	4,7 M €	-53.7%	10,1 M €	-13.8%	11,7 M €	+269%	3,2 M €	-43.1%	5,6 M €	+182%	2,0 M €	-52.6%	4,2 M €	+161%	1,6 M €	-79.5%	7,7 M €	+275%	2,1 M €	-54.0%	4,5 M €	+156%	1,8 M €	+69.9%	1,0 M €	+140%	429,5 k €	-37.2%	683,7 k €	+61.6%	423,2 k €	-18.4%	518,9 k €	+40.1%	370,5 k €
Debts	77,4 M €	-50.8%	157,3 M €	-33.1%	235,2 M €	+12.9%	208,4 M €	+14.6%	182,0 M €	-21.6%	232,2 M €	-0.9%	234,3 M €	-9.9%	260,0 M €	+30.4%	199,4 M €	+74.6%	114,2 M €	-8.9%	125,3 M €	+32.3%	94,7 M €	-15.3%	111,8 M €	-4.1%	116,5 M €	+9.7%	106,2 M €	+11.6%	95,2 M €	+24.3%	76,6 M €	-7.7%	83,0 M €	-21.5%	105,7 M €
Other
Workforce	48,1 ETP	-18.9%	59,3 ETP	+5.9%	56,0 ETP	+9.2%	51,3 ETP	+6.9%	48,0 ETP	+2.3%	46,9 ETP	-0.4%	47,1 ETP	+1.9%	46,2 ETP	-10.3%	51,5 ETP	+20.6%	42,7 ETP	+13.0%	37,8 ETP	+12.2%	33,7 ETP	+5.3%	32,0 ETP	-2.1%	32,7 ETP	-0.6%	32,9 ETP	-3.8%	34,2 ETP	+0.3%	34,1 ETP	-5.0%	35,9 ETP	+8.8%	33,0 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 · 10 active · 90 ended

Active mandates

C:SOLUTIO

Director · since 30 mai 2024 · until 25 mai 2028 · 0736.461.315

Represented by Kurt Coffyn

Active

HOLBIGENETICS

Director · since 30 mai 2024 · until 25 mai 2028 · 0421.492.219

Represented by Frank Coopman

Active

Tower Consulting

Director · since 30 mai 2024 · until 25 mai 2028 · 0657.914.574

Represented by Ingeborg Plochaet

Active

Eddy Van der Pluym

Director · since 25 mai 2023 · until 27 mai 2027

Active

HICO

Director · since 25 mai 2023 · until 27 mai 2027 · 0432.392.742

Represented by Johan Pauwels

Active

IJzer Beheer BV

Director · since 21 avril 2023 · until 27 mai 2027

Represented by Aart Duijzer

Active

PVO Advisory

Chairman of the board of directors · since 16 février 2023 · until 28 mai 2026 · 0798.492.815

Represented by Paul Van Oyen

Active

Ann Vereecke

Director · since 25 mai 2022 · until 28 mai 2026 · 0465.678.489

Represented by Ann Vereecke

Active

FAMCOO INVEST

Director · since 25 mai 2022 · until 28 mai 2026 · 0439.850.161

Represented by Dominique Coopman

Active

Leading for Growth

Managing director · since 25 mai 2022 · until 28 mai 2026 · 0775.400.875

Represented by Piet Sanders

Active

Ended mandates

FAMCOO INVEST

Director · since 25 mai 2022 · until 28 mai 2026 · 0439.850.161

Represented by Dominique Coopman

Ended

Paul Van Oyen

Chairman of the board of directors · since 25 mai 2022 · until 16 février 2023

Ended

Leading for Growth

Managing director · since 04 octobre 2021 · until 25 mai 2022 · 0775.400.875

Represented by Piet Sanders

Ended

DEEMANCO

Director · since 27 mai 2021 · until 20 avril 2023 · 0841.192.809

Represented by Dominique Eeman

Ended

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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	09/06/2026	16/06/2025	10/06/2024	12/06/2023	13/06/2022	07/06/2021
General meeting	28/05/2026	28/05/2025	30/05/2024	25/05/2023	25/05/2022	27/05/2021
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

40 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	28/05/2026	09/06/2026	Dutch	PDF
m120-f-p	31/12/2025	28/05/2026	10/06/2026	Dutch	PDF
Full model	31/12/2024	28/05/2025	16/06/2025	Dutch	PDF
m120-f-p	31/12/2024	28/05/2025	16/06/2025	Dutch	PDF
Full model	31/12/2023	30/05/2024	10/06/2024	Dutch	PDF
m120-f-p	31/12/2023	30/05/2024	12/06/2024	Dutch	PDF
Full model	31/12/2022	25/05/2023	12/06/2023	Dutch	PDF
m120-f-p	31/12/2022	25/05/2023	13/06/2023	Dutch	PDF
Full model	31/12/2021	25/05/2022	13/06/2022	Dutch	PDF
m120-f-p	31/12/2021	25/05/2022	13/06/2022	Dutch	PDF
Full model	31/12/2020	27/05/2021	07/06/2021	Dutch	PDF
m120-f-p	31/12/2020	27/05/2021	07/06/2021	Dutch	PDF
Full model	31/12/2019	28/05/2020	08/06/2020	Dutch	PDF
m120-f-p	31/12/2019	28/05/2020	11/06/2020	Dutch	PDF
Full model	31/12/2018	29/05/2019	07/06/2019	Dutch	PDF
m120-f-p	31/12/2018	01/01/9999	07/06/2019	Dutch	PDF
Full model	31/12/2017	31/05/2018	04/06/2018	Dutch	PDF
m120-f-p	31/12/2017	31/05/2018	05/06/2018	Dutch	PDF
Full model	31/12/2016	24/05/2017	01/06/2017	Dutch	PDF
m120-f-p	31/12/2016	24/05/2017	06/06/2017	Dutch	PDF
Full model	31/12/2015	26/05/2016	07/06/2016	Dutch	PDF
m120-f-p	31/12/2015	26/05/2016	07/06/2016	Dutch	PDF
Full model	31/12/2014	28/05/2015	01/06/2015	Dutch	PDF
m120-f-p	31/12/2014	28/05/2015	02/06/2015	Dutch	PDF

View all 40 filings

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 · 10 active · 90 ended

Active mandates

C:SOLUTIO

Director · since 30 mai 2024 · until 25 mai 2028 · 0736.461.315

Represented by Kurt Coffyn

Active

HOLBIGENETICS

Director · since 30 mai 2024 · until 25 mai 2028 · 0421.492.219

Represented by Frank Coopman

Active

Tower Consulting

Director · since 30 mai 2024 · until 25 mai 2028 · 0657.914.574

Represented by Ingeborg Plochaet

Active

Eddy Van der Pluym

Director · since 25 mai 2023 · until 27 mai 2027

Active

HICO

Director · since 25 mai 2023 · until 27 mai 2027 · 0432.392.742

Represented by Johan Pauwels

Active

IJzer Beheer BV

Director · since 21 avril 2023 · until 27 mai 2027

Represented by Aart Duijzer

Active

PVO Advisory

Chairman of the board of directors · since 16 février 2023 · until 28 mai 2026 · 0798.492.815

Represented by Paul Van Oyen

Active

Ann Vereecke

Director · since 25 mai 2022 · until 28 mai 2026 · 0465.678.489

Represented by Ann Vereecke

Active

FAMCOO INVEST

Director · since 25 mai 2022 · until 28 mai 2026 · 0439.850.161

Represented by Dominique Coopman

Active

Leading for Growth

Managing director · since 25 mai 2022 · until 28 mai 2026 · 0775.400.875

Represented by Piet Sanders

Active

Ended mandates

FAMCOO INVEST

Director · since 25 mai 2022 · until 28 mai 2026 · 0439.850.161

Represented by Dominique Coopman

Ended

Paul Van Oyen

Chairman of the board of directors · since 25 mai 2022 · until 16 février 2023

Ended

Leading for Growth

Managing director · since 04 octobre 2021 · until 25 mai 2022 · 0775.400.875

Represented by Piet Sanders

Ended

DEEMANCO

Director · since 27 mai 2021 · until 20 avril 2023 · 0841.192.809

Represented by Dominique Eeman

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Registered office26/03/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates11/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares18/07/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates10/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other21/06/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other03/05/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING
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

28/05/2026
reconductionLeading for Growth BV — bestuurder
28/05/2026
reconductionFamcoo Invest BV — bestuurder
28/05/2026
reconductionAnn Vereecke BV — bestuurder
2025
Annual accounts 202539,1 M €↑
28/05/2025
nominationMelissa Carton — vaste vertegenwoordiger commissaris
2024
Annual accounts 2024-2,1 M €↓
30/05/2024
reconductionHolbigenetics NV — bestuurder
30/05/2024
reconductionIngeborg Plochaet — onafhankelijk bestuurder
30/05/2024
reconductionC:Solutio BV — onafhankelijk bestuurder
30/05/2024
nominationKPMG Bedrijfsrevisoren BV/SRL — commissaris
2023
Annual accounts 202314,5 M €↑
06/07/2023
augmentation_capital
25/05/2023
reconductionEddy Van der Pluym — bestuurder
25/05/2023
nominationHico NV — bestuurder
20/04/2023
nominationIJzer Beheer BV — onafhankelijk bestuurder
16/02/2023
nominationPVO Advisory BV — bestuurder / voorzitter van de raad van bestuur
2023
Name changeWhat's Cooking Group NV
2022
Annual accounts 2022-1,9 M €↓
01/07/2022
augmentation_capital
25/05/2022
reconductionAnn Vereecke BV — onafhankelijk bestuurder
25/05/2022
reconductionLeading for Growth BV — bestuurder
25/05/2022
nominationFamcoo Invest NV — bestuurder
25/05/2022
nominationPaul Van Oyen — onafhankelijk bestuurder
25/05/2022
nominationPaul Van Oyen — voorzitter van de Raad van Bestuur
2021
Annual accounts 20218,3 M €↓
2021
Name changeTER BEKE
2020
Annual accounts 202036,5 M €↑
2019
Annual accounts 20196,8 M €↑
2018
Annual accounts 20181,8 M €↑
2017
Annual accounts 20171,0 M €↓
2016
Annual accounts 20167,0 M €↑
2015
Annual accounts 2015278,1 k €↓
2014
Annual accounts 201412,7 M €↑
2013
Annual accounts 2013599,5 k €↓
2012
Annual accounts 20122,8 M €↓
2011
Annual accounts 20113,3 M €↓
2010
Annual accounts 201023,4 M €↑
2009
Annual accounts 20095,8 M €↑
2008
Annual accounts 2008807,6 k €↑
2007
Annual accounts 2007488,5 k €
19/03/1981
IncorporationPublic limited company

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

What's Cooking Group

Overview

What does What's Cooking Group do?

Trend over 19 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