Financials
Financial year 2025
Willems Bakeries from Eeklo, company number BE0401006413, closed financial year 2025 with a result of € 12.2 million after tax. For that financial year Willems Bakeries recorded revenue of € 104.5 million and equity of € 88.8 million. Compared with financial year 2024, the result moved from € 14.3 million to € 12.2 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 18, 2026.
€ 88.8 million
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12.2 million
▼ 15% vs 2024
Profit after tax over the fiscal year.
€ 64.5 million
▲ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 88.1 million.
People and assets in 2025
167.4
▲ 19.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 12.7 million
▲ 9% vs 2024
€ 76,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 305,178
▲ 44% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 13.2 million
▲ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 66 days on average.
€ 3.9 million
▼ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 79,601,193 | € 101,712,139 | € 106,855,189 | € 104,483,035 | ▼ 2% |
| Profit after taxes | € 6,820,476 | € 11,971,473 | € 14,314,414 | € 12,175,348 | ▼ 15% |
| Equity | € 28,673,281 | € 62,278,047 | € 76,586,561 | € 88,756,007 | ▲ 16% |
| Total debts | € 22,299,393 | € 17,739,228 | € 15,083,349 | € 17,274,425 | ▲ 15% |
| Cash | € 33,082,564 | € 53,153,245 | € 55,539,831 | € 64,533,102 | ▲ 16% |
| Land & buildings | € 4,306,796 | € 4,694,053 | € 10,040,806 | € 10,127,723 | ▲ 1% |
| Retained profit | € 28,524,281 | € 61,646,591 | € 75,961,005 | € 88,136,353 | ▲ 16% |
| Balance sheet total | € 50,972,673 | € 80,028,094 | € 91,678,761 | € 106,037,317 | ▲ 16% |
| Employees (FTE) | 118.5 | 132.4 | 148.1 | 167.4 | ▲ 19.3 |
Key figures of Willems Bakeries, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Willems Bakeries?
What happened at Willems Bakeries in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Saskia De Paepe stepped down as director. NBB
- Ignace Heyman stepped down as director. NBB
- Pieter Grymonpré stepped down as director. NBB
- Johannes Van de Par stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 12.2 million (▼ 15% vs 2024). Source: NBB ↗
- Saskia De Paepe became a director. NBB
- New establishment in Eeklo. KBO
- Ignace Heyman became a director. NBB
In short
From € 6.8 million profit in 2022 to € 12.2 million profit in 2025.
Paid € 15.3 million in corporate taxes since 2022.
Best year ever: 2024, with € 14.3 million profit.
Pays suppliers within 66 days on average.
Management
The stake of LOTUS BAKERIES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Willems BakeriesThe shares are held by LOTUS BAKERIES (100%).
Directors
According to the 2025 annual accounts
since 2023 · until 2029
since 2023 · until 2029
since 2024 · until 2030
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nieuwendorpe 33 box C
9900 Eeklo
Ambachtenstraat 5
9900 Eeklo
Active since 5 May 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0401.006.413
- VAT number
- BE 0401.006.413
- Registered office
- Nieuwendorpe 33 bus C, 9900 Eeklo
- Names & denominations
- Willems Bakeries
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 January 1965
- Peppol
- Active · Active since 7 Apr 2026
- Activities · NACE
Vervaardiging van beschuit, biscuit en houdbaar banketbakkerswerk
Vervaardiging van beschuit en koekjes en ander houdbaar banketbakkerswerk