ACTIVE

ETS. WILLEMS

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Financial year 2022 · closed on 31/12/2022

Net result

17,6 k €

+26.9% YoY

Gross margin

144,1 k €

+34.5% YoY

Equity

347,3 k €

+5.3% YoY

What does ETS. WILLEMS do?

ETS. WILLEMS is a Public limited company incorporated in 1990. Its registered office is in Visé.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0440.667.535

Incorporation

16/05/1990

Legal form

Public limited company

Registered office

Rue de Maestricht(VIS) 84
4600 Visé · WallonieSee on map

Contributed capital

235 000,00 €

Latest accounts

31/12/2022

Joint committees (2)

14902
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2022		2021		2020		2019		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	144,1 k €	+34.5%	107,1 k €	-0.1%	107,2 k €	-16.5%	128,4 k €	-10.8%	144 k €	+10.5%	130,3 k €	-32.7%	193,5 k €	+28.7%	150,4 k €	-6.4%	160,7 k €	+10.0%	146 k €	-14.6%	171,1 k €	-20.9%	216,4 k €	-4.0%	225,4 k €	-0.0%	225,5 k €	+16.0%	194,3 k €	+9.2%	178 k €
EBITDA	33,1 k €	-2.2%	33,8 k €	+380%	7 k €	-80.8%	36,7 k €	+112%	17,3 k €	-4.1%	18,1 k €	-72.1%	64,6 k €	+61.0%	40,1 k €	+34.9%	29,8 k €	-29.9%	42,5 k €	-13.9%	49,3 k €	-45.0%	89,7 k €	+17.6%	76,3 k €	+0.1%	76,2 k €	+42.2%	53,6 k €	+41.0%	38 k €
Operating result	25,5 k €	+6.6%	23,9 k €	+2826%	-878,6 €	-103%	26,2 k €	+175%	9,5 k €	+4596%	202,8 €	-99.6%	54,2 k €	+81.8%	29,8 k €	+54.4%	19,3 k €	+397%	-6,5 k €	-117%	38,7 k €	-50.3%	77,8 k €	+27.6%	61 k €	+0.9%	60,5 k €	+73.7%	34,8 k €	+179%	12,5 k €
Net result	17,6 k €	+26.9%	13,9 k €	+390%	-4,8 k €	+71.8%	-17 k €	-646%	-2,3 k €	-102%	135,6 k €	+682%	17,3 k €	+401%	-5,8 k €	-17.1%	-4,9 k €	+85.8%	-34,7 k €	-372%	12,8 k €	-69.4%	41,8 k €	+160%	16,1 k €	+33.2%	12,1 k €	+285%	3,1 k €	+133%	-9,4 k €
Balance sheet
Equity	347,3 k €	+5.3%	329,7 k €	+4.4%	315,8 k €	-1.5%	320,6 k €	-2.7%	329,6 k €	-0.7%	331,9 k €	+69.0%	196,3 k €	+9.7%	179 k €	-3.1%	184,7 k €	-2.6%	189,7 k €	-15.5%	224,3 k €	+6.0%	211,6 k €	+24.6%	169,8 k €	+10.5%	153,7 k €	+8.5%	141,6 k €	+2.3%	138,5 k €
Total assets	404 k €	+1.6%	397,6 k €	-1.1%	402,2 k €	-6.2%	429 k €	-5.9%	455,9 k €	-10.7%	510,5 k €	+1.3%	504,2 k €	+1.5%	496,9 k €	-32.7%	738,8 k €	-5.7%	783,4 k €	+11.7%	701,4 k €	-11.2%	790,2 k €	+19.3%	662,4 k €	+7.4%	616,7 k €	-2.8%	634,4 k €	+8.5%	584,6 k €
Cash	86,5 k €	+180%	30,9 k €	-16.3%	36,9 k €	-17.8%	44,9 k €	+494%	7,6 k €	-89.6%	72,9 k €	+33.0%	54,8 k €	+587%	8 k €	-93.8%	128,9 k €	-1.9%	131,4 k €	+7.7%	122 k €	-2.2%	124,7 k €	+0.0%	124,7 k €	-7.4%	134,6 k €	+1.1%	133,1 k €	-1.5%	135,2 k €
Debts	56,7 k €	-16.5%	67,9 k €	-21.4%	86,3 k €	-20.3%	108,4 k €	-14.2%	126,3 k €	-29.3%	178,7 k €	-42.0%	307,9 k €	-3.2%	318 k €	-42.6%	554,1 k €	-6.7%	593,8 k €	+24.5%	477,1 k €	-17.4%	577,8 k €	+17.3%	492,6 k €	+6.4%	463 k €	-6.0%	492,7 k €	+10.5%	446,1 k €
Other
Workforce	–		–		–		–		–		–		5,4 ETP	0.0%	5,4 ETP	0.0%	5,4 ETP	0.0%	5,4 ETP	0.0%	5,4 ETP	-3.6%	5,6 ETP	-9.7%	6,2 ETP	-4.6%	6,5 ETP	0.0%	6,5 ETP	0.0%	6,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2022 · 2 active · 7 ended

Active mandates

Alain WILLEMS

Director

Active

Yves WILLEMS

Director

Active

Ended mandates

Alain WILLEMS

Managing director · since 29 mai 2009 · until 29 mai 2015

Ended

Nicole BERTHUS

Director · since 29 mai 2009 · until 29 mai 2015

Ended

Alain WILLEMS

Managing director · since 27 juin 2003 · until 29 mai 2009

Ended

Nicole BERTHUS

Director · since 27 juin 2003 · until 29 mai 2009

Ended

At this address

Other companies at this address

Company	CBE no.
WILL & KO● Active	0479.180.592

Annual accounts

Full financial information

	2022	2021	2020	2019	2017	2016
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2017	01/01/2016
Closing of the financial year	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2017	31/12/2016
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	05/10/2023	18/04/2023	31/01/2022	08/10/2020	29/08/2018	23/02/2018
General meeting	30/06/2023	30/06/2022	31/03/2021	05/09/2020	30/06/2018	30/06/2017
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2022	30/06/2023	05/10/2023	French	PDF
Micro model	31/12/2021	30/06/2022	18/04/2023	French	PDF
Micro model	31/12/2020	31/03/2021	31/01/2022	French	PDF
Micro model	31/12/2019	05/09/2020	08/10/2020	French	PDF
Micro model	31/12/2017	30/06/2018	29/08/2018	French	PDF
Micro model	31/12/2016	30/06/2017	23/02/2018	French	PDF
Abridged model	31/12/2015	31/03/2016	31/08/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	30/11/2015	French	PDF
Abridged model	31/12/2013	30/06/2014	31/08/2014	French	PDF
Abridged model	31/12/2012	31/05/2013	31/08/2013	French	PDF
Abridged model	31/12/2011	30/06/2012	31/08/2012	French	PDF
Abridged model	31/12/2010	27/05/2011	29/08/2011	French	PDF
Abridged model	31/12/2009	28/05/2010	31/08/2010	French	PDF
Abridged model	31/12/2008	29/05/2009	28/08/2009	French	PDF
Abridged model	31/12/2007	30/05/2008	29/08/2008	French	PDF
Abridged model	31/12/2006	25/05/2007	31/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Governance

Board of directors

Seen on filing of 31/12/2022 · 2 active · 7 ended

Active mandates

Alain WILLEMS

Director

Active

Yves WILLEMS

Director

Active

Ended mandates

Alain WILLEMS

Managing director · since 29 mai 2009 · until 29 mai 2015

Ended

Nicole BERTHUS

Director · since 29 mai 2009 · until 29 mai 2015

Ended

Alain WILLEMS

Managing director · since 27 juin 2003 · until 29 mai 2009

Ended

Nicole BERTHUS

Director · since 27 juin 2003 · until 29 mai 2009

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates27/01/2020
DEMISSIONS, NOMINATIONS
PDF
Court decision17/02/2016
RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...)
PDF
Registered office24/07/2003
CAPITAL, ACTIONS - SIEGE SOCIAL - MODIFICATION FORME JURIDIQUE
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

2022
Annual accounts 202217,6 k €↑
2021
Annual accounts 202113,9 k €↑
2021
Name changeEts A Willems
2020
Annual accounts 2020-4,8 k €↑
2019
Annual accounts 2019-17 k €↓
2017
Annual accounts 2017-2,3 k €↓
2016
Annual accounts 2016135,6 k €↑
2015
Annual accounts 201517,3 k €↑
2014
Annual accounts 2014-5,8 k €↓
2013
Annual accounts 2013-4,9 k €↑
2012
Annual accounts 2012-34,7 k €↓
2011
Annual accounts 201112,8 k €↓
2010
Annual accounts 201041,8 k €↑
2009
Annual accounts 200916,1 k €↑
2008
Annual accounts 200812,1 k €↑
2007
Annual accounts 20073,1 k €↑
2006
Annual accounts 2006-9,4 k €
2006
Name changeEts Willems
16/05/1990
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

ETS. WILLEMS

Overview

What does ETS. WILLEMS do?

Trend over 16 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