ACTIVE

WILHELM et Co

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Financial year 2025 · Closed on 31/12/2025

Net result-898,9 k €-108,0 %over 1 year

Gross margin687,8 k €-58,3 %over 1 year

Equity20,5 M €-4,2 %over 1 year

Workforce5,2 ETP+4,0 %over 1 year

Identity

Source · BCE/KBO

WILHELM et Co is a Public limited company incorporated in 1988. Its main activity is: Development of building projects. Its registered office is in Bruxelles. It employs on average 5,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0435.552.665
Incorporation: 11/10/1988
Legal form: Public limited company
Registered office: Rue de la Bonté 5
1000 Bruxelles · BruxellesSee on map
Contributed capital: 21 016 295,01 €
Latest accounts: 31/12/2025
Average workforce: 5,2 ETP

Activities (NACE)

41102Development of building projects· main 68122Buying and selling of own real estate 68203Rental and operating of own or leased real estate 68203Rental and operating of own or leased real estate 70113Activities of head offices 74131Specialised design activities+8

Joint committees (3)

Signals

Solid equityLow riskGood liquidityPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	687,8 k €	-58.3%	1,6 M €	-33.6%	2,5 M €	+94.3%	1,3 M €	+39.7%	915,7 k €
EBITDA	151,1 k €	-80.5%	776,3 k €	-53.4%	1,7 M €	+286%	431,9 k €	+337%	98,8 k €
Operating result	-362,4 k €	-185%	426,2 k €	-69.4%	1,4 M €	+550%	214 k €	+300%	-107,2 k €
Net result	-898,9 k €	-108%	-432,1 k €	-629%	81,6 k €	-12.6%	93,4 k €	+147%	-198,5 k €
Balance sheet
Equity	20,5 M €	-4.2%	21,4 M €	-2.0%	21,9 M €	+0.4%	21,8 M €	+0.4%	21,7 M €
Total assets	44,2 M €	+2.7%	43 M €	+3.5%	41,6 M €	+14.6%	36,3 M €	+13.6%	31,9 M €
Cash	149,8 k €	-4.5%	156,9 k €	-64.8%	446 k €	+66.3%	268,1 k €	+12.5%	238,4 k €
Debts	22,8 M €	+10.0%	20,7 M €	+11.6%	18,6 M €	+37.6%	13,5 M €	+45.8%	9,3 M €
Other
Workforce	5,2 ETP	+4.0%	5,0 ETP	-24.2%	6,6 ETP	-31.3%	9,6 ETP	-6.8%	10,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jean-Michel DESPAUX	Director10/05/2006 → 20/06/2029
Nicole VAN DEN PLAS	Director11/05/2005 → 20/06/2029
Peter WILHELM	Managing director10/05/2006 → 20/06/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Claude ARNOULD	Director10/05/2006 → 2022 accounts

Other companies at this address

Rue de la Bonté 5 1000 Bruxelles

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AAA BUREAU SERVICE● Active	0437.473.265
Arteo Law● Active	0736.373.124
BH Holding● Active	0563.740.343
BHINVEST● Active	0842.407.584
CARRY I● Active	0793.564.621
COMPAGNIE DE PROMOTION DE L'ESPLANADE● Active	0477.987.195
COMPAGNIE DE PROMOTION LIEGEOISE● Active	0468.499.013
DIEGEM BUILDING● Active	1024.469.458
Europa Nostra Belgium● Active	0436.011.733
Hbi Operation Holding● Active	1022.044.854
Hbi Property Holding● Active	1022.044.755
HOTEL DIEGEM● Active	1024.470.646
HOTEL LIMELETTE● Active	1024.470.250
JEAN-MICHEL DEGEE-AVOCAT● Active	0808.598.334
KEREN PROPERTIES AND DEVELOPMENT● Active	0465.345.919
LA BRUYERE● Active	0445.627.007
LES BUREAUX DE L'ESPLANADE I● Active	0477.766.867
L’esplanade III● Active	1021.322.007
LOUVIGNY PICTURES● Active	0473.169.463
METROPOLITAN LIVING● Active	0892.843.923

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	18 months	12 months	12 months	12 months
Filing date	31/08/2026	18/07/2025	28/08/2024	30/01/2023	28/01/2022	26/01/2021
General meeting	17/07/2026	17/07/2025	18/07/2024	13/12/2022	18/01/2022	29/12/2020
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	17/07/2026	31/08/2026	French	PDF
Abridged model	31/12/2024	17/07/2025	18/07/2025	French	PDF
Abridged model	31/12/2023	18/07/2024	28/08/2024	French	PDF
Abridged model	30/06/2022	13/12/2022	30/01/2023	French	PDF
Abridged model	30/06/2021	18/01/2022	28/01/2022	French	PDF
Abridged model	30/06/2020	29/12/2020	26/01/2021	French	PDF
Abridged model	30/06/2019	11/12/2019	31/01/2020	French	PDF
Abridged model	30/06/2018	21/12/2018	18/01/2019	French	PDF
Abridged model	30/06/2017	26/12/2017	26/01/2018	French	PDF
Abridged model	30/06/2016	31/12/2016	31/01/2017	French	PDF
Abridged model	30/06/2015	23/12/2015	22/01/2016	French	PDF
Abridged model	30/06/2014	21/10/2014	17/11/2014	French	PDF
Full model	30/06/2013	29/01/2014	31/01/2014	French	PDF
Full model	30/06/2012	16/01/2013	01/02/2013	French	PDF
Full model	30/06/2011	16/03/2012	16/04/2012	French	PDF
Abridged model	30/06/2010	25/01/2011	21/02/2011	French	PDF
Abridged model	31/12/2008	13/05/2009	10/07/2009	French	PDF
Abridged model	31/12/2007	14/05/2008	11/06/2008	French	PDF
Abridged model	31/12/2006	09/05/2007	06/07/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Jean-Michel DESPAUX	Director10/05/2006 → 20/06/2029
Nicole VAN DEN PLAS	Director11/05/2005 → 20/06/2029
Peter WILHELM	Managing director10/05/2006 → 20/06/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Claude ARNOULD	Director10/05/2006 → 2022 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates29/01/2026
DEMISSIONS, NOMINATIONS
PDF
Restructuring25/11/2024
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring29/07/2024
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring13/12/2023
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring22/09/2023
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - DIVERS
PDF
Mandates07/09/2023
DEMISSIONS, NOMINATIONS - ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates04/04/2019
DEMISSIONS, NOMINATIONS
PDF
Capital / shares14/08/2018
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

Nicole VAN DEN PLAS

Jean-Michel DESPAUX

Peter WILHELM

Claude ARNOULD

198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

WILHELM & COWILHELM et Co

Rue de la Bonté 5, 1000 Brussels

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue de la Bonté 5, 1000 BrusselsCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00465048

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
WILHELM et CoCurrent		CBE
WILHELM & CO	accounts 2022 → 2025	Accounts 2025 · 2026-00465048
WILHELM et Co	accounts 2006 → 2021	Accounts 2021 · 2022-02600160

Events

2025
Annual accounts 2025-898,9 k €↓
2024
Annual accounts 2024-432,1 k €↓
2023
Annual accounts 202381,6 k €↓
2022
Annual accounts 202293,4 k €↑
2022
Name changeWILHELM & CO
2021
Annual accounts 2021-198,5 k €↓
2020
Annual accounts 202047,4 k €↓
2019
Annual accounts 201964,8 k €↑
2018
Annual accounts 201816,4 k €↓
2017
Annual accounts 2017130,8 k €↓
2016
Annual accounts 2016164,4 k €↓
2015
Annual accounts 2015240,7 k €↑
2014
Annual accounts 201442,4 k €↑
2013
Annual accounts 2013-226,6 k €↓
2012
Annual accounts 2012-19,5 k €↓
2011
Annual accounts 201114,2 k €↓
2010
Annual accounts 201036,3 k €↑
2008
Annual accounts 200828,4 k €↑
2007
Annual accounts 200713 k €↑
2006
Annual accounts 20063,6 k €
11/10/1988
IncorporationPublic limited company

WILHELM et Co

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events