ACTIVE

Hill's Food

Financial year 2025 · Closed on 30/09/2025

Net result8,3 k €-62,2 %over 1 year
Gross margin175,5 k €+3,9 %over 1 year
Equity258,7 k €+3,3 %over 1 year
Workforce3,6 ETP

Identity

Source · BCE/KBO

Hill's Food is a Private company with limited liability incorporated in 2012. Its main activity is: Manufacture of bread; manufacture of fresh pastry goods and cakes. Its registered office is in Comines-Warneton. It employs on average 3,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0843.796.169
Incorporation
20/02/2012
Legal form
Private company with limited liability
Registered office
Chaussée d'Ypres(WAR) 1
7784 Comines-Warneton · WallonieSee on map
Contributed capital
6 200,00 €
Latest accounts
30/09/2025
Average workforce
3,6 ETP
Joint committees (3)
  • 118
  • 11803
  • 201
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 12 filings

Trend over 11 financial years

20252024202320222021
Income statement
Gross margin175,5 k €168,8 k €147,4 k €216,1 k €225,3 k €
EBITDA55,1 k €71,9 k €49,9 k €104 k €133,8 k €
Operating result20,3 k €39,4 k €9,7 k €56 k €96,2 k €
Net result8,3 k €21,9 k €4,8 k €37,1 k €72,9 k €
Balance sheet
Equity258,7 k €250,4 k €228,6 k €223,8 k €186,7 k €
Total assets356,2 k €383,2 k €324 k €375,3 k €346,5 k €
Cash22,2 k €29,4 k €22,7 k €24,1 k €77 k €
Debts96,7 k €132,2 k €95,1 k €151,2 k €159,5 k €
Other
Workforce3,6 ETP––––

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

2 active · 6 ended

Active mandates

Mathieu HILLEWAERE

Director

Active
Paul HILLEWAERE

Director

Active

Ended mandates

Mathieu Hillewaere

Director · since 31 mars 2021

Ended
Mathieu Hillewaere

Director · since 30 mars 2021

Ended
Paul Hillewaere

Director · since 01 octobre 2014

Ended
Paul Hillewaere

Manager · since 01 octobre 2014

Ended

Other companies at this address

Chaussée d'Ypres(WAR) 1 7784 Comines-Warneton
CompanyCBE no.
Hill's Corp● Active
0716.912.944

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelMicro modelMicro modelMicro modelMicro modelAbridged 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 date29/05/202603/07/202530/04/202427/04/202323/05/202230/04/2021
General meeting31/03/202624/06/202530/03/202431/03/202320/05/202230/03/2021
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, 12 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202531/03/202629/05/2026FrenchPDF
Micro model30/09/202424/06/202503/07/2025FrenchPDF
Micro model30/09/202330/03/202430/04/2024FrenchPDF
Micro model30/09/202231/03/202327/04/2023FrenchPDF
Micro model30/09/202120/05/202223/05/2022FrenchPDF
Abridged model30/09/202030/03/202130/04/2021FrenchPDF
Abridged model30/09/201921/03/202028/05/2020FrenchPDF
Micro model31/12/201730/06/201830/07/2018FrenchPDF
Micro model31/12/201630/06/201731/08/2017FrenchPDF
Abridged model31/12/201504/06/201611/08/2016FrenchPDF
Abridged model31/12/201406/06/201507/07/2015FrenchPDF
Abridged model31/12/201330/06/201428/08/2014FrenchPDF

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.

Board of directors

Source · NBB, accounts to 30/09/2025

2 active · 6 ended

Active mandates

Mathieu HILLEWAERE

Director

Active
Paul HILLEWAERE

Director

Active

Ended mandates

Mathieu Hillewaere

Director · since 31 mars 2021

Ended
Mathieu Hillewaere

Director · since 30 mars 2021

Ended
Paul Hillewaere

Director · since 01 octobre 2014

Ended
Paul Hillewaere

Manager · since 01 octobre 2014

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates20/10/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates31/12/2018
    DENOMINATION - ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Mandates23/10/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Other02/03/2012
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20258,3 k €↓
  2. 2025
    Name changeHILLS FOOD
  3. 2024
    Annual accounts 202421,9 k €↑
  4. 2023
    Annual accounts 20234,8 k €↓
  5. 2022
    Annual accounts 202237,1 k €↓
  6. 2021
    Annual accounts 202172,9 k €↑
  7. 2021
    Name changeHILL'S FOOD
  8. 2020
    Annual accounts 2020-14,2 k €↓
  9. 2017
    Annual accounts 201754,9 k €↑
  10. 2016
    Annual accounts 2016-5,1 k €↓
  11. 2015
    Annual accounts 201527,7 k €↑
  12. 2014
    Annual accounts 2014334,9 €↑
  13. 2013
    Annual accounts 2013-30,5 k €
  14. 20/02/2012
    IncorporationPrivate company with limited liability