ACTIVE

CW Hospitality

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Financial year 2025 · closed on 31/12/2025

Net result

1,3 M €

+3.1% YoY

Revenue

9,7 M €

+1.8% YoY

Equity

2,9 M €

0.0% YoY

Workforce

55,6 ETP

+2.0% YoY

What does CW Hospitality do?

CW Hospitality is a Private limited company incorporated in 2005. Its main activity is: Camping grounds, recreational vehicle parks and trailer parks. Its registered office is in Brugge. It employs on average 55,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0877.839.211

Incorporation

12/12/2005

Legal form

Private limited company

Registered office

Heilige-Geeststraat 2
8000 Brugge · FlandreSee on map

Contributed capital

5 083,21 €

Latest accounts

31/12/2025

Average workforce

55,6 ETP

Activities (NACE)

55301Camping grounds, recreational vehicle parks and trailer parks· main 56101Restaurants and mobile food service activities 56111Restaurants and mobile food service activities 55302Camping grounds, recreational vehicle parks and trailer parks 56102Restaurants and mobile food service activities 56112Restaurants and mobile food service activities

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	9,7 M €	+1.8%	9,5 M €	+1.9%	9,3 M €		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	2,4 M €	-5.1%	2,5 M €	+31.3%	1,9 M €	-4.5%	2 M €	+599%	286,6 k €	-75.6%	1,2 M €	+171%	432,4 k €	+62.7%	265,7 k €	+114%	124,2 k €	-11.4%	140,2 k €	+285%	36,4 k €	-50.0%	72,9 k €	+10.5%	65,9 k €	-21.0%	83,5 k €	+6.8%	78,2 k €	+155%	30,6 k €	-23.5%	40,1 k €	-2.5%	41,1 k €
Operating result	1,7 M €	-6.5%	1,8 M €	+37.7%	1,3 M €	+1.2%	1,3 M €	+1066%	-131,4 k €	-117%	757,4 k €	+1222%	57,3 k €	-64.1%	159,8 k €	+2224%	-7,5 k €	-143%	17,4 k €	+175%	-23,2 k €	-246%	15,9 k €	+3.3%	15,4 k €	-41.2%	26,2 k €	+20.9%	21,7 k €	+399%	-7,3 k €	-195%	7,6 k €	-40.2%	12,7 k €
Net result	1,3 M €	+3.1%	1,3 M €	+38.8%	920,1 k €	+6.1%	866,9 k €	+1649%	-56 k €	-111%	509,2 k €	+2010%	24,1 k €	-76.1%	100,9 k €	+679%	-17,4 k €	-277%	9,8 k €	+141%	-24,1 k €	-415%	7,6 k €	+20.2%	6,3 k €	-4.8%	6,7 k €	-56.9%	15,4 k €	+230%	-11,9 k €	-783%	1,7 k €	+35.7%	1,3 k €
Balance sheet
Equity	2,9 M €	0.0%	2,9 M €	0.0%	2,9 M €	+46.2%	2 M €	+243%	580 k €	-8.8%	636 k €	+402%	126,7 k €	+23.5%	102,6 k €	+5862%	1,7 k €	-91.0%	19,2 k €	+105%	9,3 k €	-72.1%	33,4 k €	+29.6%	25,8 k €	+32.7%	19,4 k €	+52.2%	12,8 k €	+574%	-2,7 k €	-129%	9,2 k €	+23.3%	7,5 k €
Total assets	6,4 M €	+12.4%	5,7 M €	-12.1%	6,5 M €	+11.3%	5,8 M €	+154%	2,3 M €	-1.1%	2,3 M €	+8.1%	2,2 M €	+198%	721,6 k €	+0.6%	717,4 k €	+29.8%	552,9 k €	+306%	136,1 k €	-11.4%	153,6 k €	-18.9%	189,3 k €	-18.1%	231,2 k €	-14.2%	269,6 k €	+15.0%	234,4 k €	-7.2%	252,6 k €	-8.7%	276,7 k €
Cash	1,3 M €	+13.6%	1,1 M €	-27.1%	1,6 M €	+22.3%	1,3 M €	+155%	499,5 k €	+22.0%	409,6 k €	+101%	203,8 k €	+127%	89,8 k €	+88.1%	47,7 k €	+272%	12,8 k €	+191%	4,4 k €	+38.5%	3,2 k €	+141%	1,3 k €	-57.1%	3,1 k €	+622%	426,7 €	-86.0%	3 k €	-36.4%	4,8 k €	-38.4%	7,8 k €
Debts	3,2 M €	+26.7%	2,5 M €	-21.0%	3,2 M €	-16.2%	3,9 M €	+124%	1,7 M €	+1.8%	1,7 M €	-16.8%	2 M €	+227%	619 k €	-13.5%	715,7 k €	+34.1%	533,7 k €	+321%	126,7 k €	+5.5%	120,2 k €	-26.5%	163,6 k €	-22.6%	211,4 k €	-17.6%	256,4 k €	+8.3%	236,7 k €	-2.5%	242,8 k €	-9.8%	269,3 k €
Other
Workforce	55,6 ETP	+2.0%	54,5 ETP	+6.4%	51,2 ETP	+19.3%	42,9 ETP	+145%	17,5 ETP	+32.6%	13,2 ETP	+80.8%	7,3 ETP	+43.1%	5,1 ETP	+8.5%	4,7 ETP	+4.4%	4,5 ETP	0.0%	4,5 ETP	+45.2%	3,1 ETP	-3.1%	3,2 ETP	+10.3%	2,9 ETP	+7.4%	2,7 ETP	-6.9%	2,9 ETP	-3.3%	3,0 ETP	0.0%	3,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 14 ended

Active mandates

Martijn WILLAERT

Director · since 02 janvier 2024

Active

WILCO

Director · since 01 janvier 2024 · 1001.004.762

Represented by Benjamin WILLAERT

Active

Ended mandates

WILCO

Director · since 01 janvier 2024 · 1001.004.762

Represented by Benjamin WILLAERT

Ended

Willaert-Callebert Hotel Services

Manager · since 15 juin 2016 · 0878.990.046

Represented by Peter Willaert

Ended

Benjamin Willaert

Director

Ended

Benjamin Willaert

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
WILCO● Active	1001.004.762

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Abridged model	Abridged model	Abridged 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	31/07/2026	29/06/2025	30/07/2024	27/07/2023	14/06/2022	30/07/2021
General meeting	30/06/2026	28/06/2025	30/06/2024	30/06/2023	13/06/2022	30/06/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	31/07/2026	Dutch	PDF
Full model	31/12/2024	28/06/2025	29/06/2025	Dutch	PDF
Full model	31/12/2023	30/06/2024	30/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	27/07/2023	Dutch	PDF
Abridged model	31/12/2021	13/06/2022	14/06/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	16/04/2020	11/05/2020	Dutch	PDF
Abridged model	31/12/2018	30/06/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	27/08/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	30/09/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	30/09/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	30/09/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	30/09/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	30/09/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	29/09/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	30/09/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	30/09/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	27/10/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	30/12/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 2 active · 14 ended

Active mandates

Martijn WILLAERT

Director · since 02 janvier 2024

Active

WILCO

Director · since 01 janvier 2024 · 1001.004.762

Represented by Benjamin WILLAERT

Active

Ended mandates

WILCO

Director · since 01 janvier 2024 · 1001.004.762

Represented by Benjamin WILLAERT

Ended

Willaert-Callebert Hotel Services

Manager · since 15 juin 2016 · 0878.990.046

Represented by Peter Willaert

Ended

Benjamin Willaert

Director

Ended

Benjamin Willaert

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring10/06/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring17/02/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates04/11/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/11/2017
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 20251,3 M €↑
2024
Annual accounts 20241,3 M €↑
2023
Annual accounts 2023920,1 k €↑
2022
Annual accounts 2022866,9 k €↑
2022
Name changeCW Hospitality
2020
Annual accounts 2020-56 k €↓
2019
Annual accounts 2019509,2 k €↑
2018
Annual accounts 201824,1 k €↓
2017
Annual accounts 2017100,9 k €↑
2016
Annual accounts 2016-17,4 k €↓
2015
Annual accounts 20159,8 k €↑
2014
Annual accounts 2014-24,1 k €↓
2013
Annual accounts 20137,6 k €↑
2012
Annual accounts 20126,3 k €↓
2011
Annual accounts 20116,7 k €↓
2010
Annual accounts 201015,4 k €↑
2009
Annual accounts 2009-11,9 k €↓
2008
Annual accounts 20081,7 k €↑
2007
Annual accounts 20071,3 k €
2007
Name changePALERMO BIS
12/12/2005
IncorporationPrivate 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

CW Hospitality

Overview

What does CW Hospitality do?

Trend over 18 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