Willems Bakeries
ActiveSummary
Willems Bakeries has been active since 1965 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €88.8m and a net result of €12.2m. Equity has been growing by about 45% per year since 2018. Its solvency ranks better than 91% of 790 sector peers (NACE 10, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 13-01-1965 Normal situation
- Activity
- Manufacture of rusks, biscuits and preserved pastry goods NACE 10720
- Joint committees
- 118 Paritair Comité voor de voedingsnijverheid
- 220 Paritair Comité voor de bedienden uit de voedingsnijverheid · annual accounts 2025
- Establishment units
- 2.150.160.990 9900 Eeklo, since 28-11-2005
- 2.345.068.634 9900 Eeklo, since 05-05-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 07-04-2026
Board and ownership
- John Van de ParManaging director
- HEYMAN Ignace MauriceDirector · since 05-05-2023
- VAN DE PAR Johannes AdrianusDirector · since 05-05-2023
- Auditor
- Deloitte Bedrijfsrevisoren
- LOTUS BAKERIES100%· score 842025 annual accounts of LOTUS BAKERIES
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Turnover
- €104.5m
- ▼ 2.2%
- Profit
- €12.2m
- ▼ 14.9%
- Equity
- €88.8m
- ▲ 15.9%
- Total assets
- €106.0m
- ▲ 15.7%
- Employees on 31-12-2025
- 168
- ▲ 3.1%
Score breakdownraises riskSector: Manufacture of food products (NACE 10)lowers riskLiquidity: current ratio 4.57, cash €64.5mFounded in 1965Equity €88.8m (83.7% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 10, medium-sized). It does better than 94% of them on solvency, 99% on liquidity, 90% on profitability and 48% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 68 days before the deadline. In the sector (NACE 10), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Largest company by total assets in Eeklo, Manufacturing sectorin the Checked rankings No. 1 View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Positive: 8 profitable years in a rowprofit 2025: €12.2m 8 years View
- Board changedlatest change 25-06-2026 · 5 in office 1 joined · 1 left View
Recent changes
- · Gazette deed Company renamed from Biscuiterie Willems to Willems Bakeries
- · Gazette deed Resignation: Grymonpré Pieter (director)Appointment: Maes Jeroen (director)
- · Gazette deed Appointment: Deloitte Bedrijfsrevisoren (statutory auditor)
Comparable companies
These companies have the same main activity as Willems Bakeries: manufacture of rusks, biscuits and preserved pastry goods (NACE 10720). They are comparable in size and age: total assets between €24m and €129m, founded between 1974 and 1996.
| Company | Total assets | Turnover |
|---|---|---|
| Willems Bakeries Eeklo | €106.0m | €104.5m |
| SanoRice Belgium Zottegem | €45.7m | €78.9m |
| N.V. Biscuits DELACRE S.A. Watermaal-Bosvoorde | €128.6m | €127.2m |
| BISCUITERIE THIJS Grobbendonk | €69.7m | €181.8m |
| CERELIA BELGIUM Veurne | €43.6m | €62.3m |
| Mondelez Belgium Biscuits Production Herentals | €92.4m | €95.4m |
| DESTROOPER-OLIVIER Oostkamp | €24.1m | €49.4m |
Key facts about Willems Bakeries
- What is the company number of Willems Bakeries?
- The company number of Willems Bakeries is 0401.006.413. The VAT number is the same number with BE in front: BE 0401.006.413.
- Where is Willems Bakeries based?
- The registered office is at Nieuwendorpe 33, 9900 Eeklo.Company details
- What does Willems Bakeries do?
- According to the KBO register, the main activity is manufacture of rusks, biscuits and preserved pastry goods (NACE 10720).
- What is the legal form of Willems Bakeries?
- The legal form of Willems Bakeries is Private limited company (BV).
- When was Willems Bakeries founded?
- Willems Bakeries was founded on 13-01-1965.
- Is Willems Bakeries still active?
- Yes, Willems Bakeries is an active enterprise in the KBO register.
- How many employees does Willems Bakeries have?
- Willems Bakeries had an average of 167.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Willems Bakeries fall under?
- In its 2025 annual accounts, Willems Bakeries states joint committees 118 (Paritair Comité voor de voedingsnijverheid) and 220 (Paritair Comité voor de bedienden uit de voedingsnijverheid).
- What is the turnover of Willems Bakeries?
- The turnover of Willems Bakeries was €104.5m in financial year 2025, according to the filed annual accounts.
- Is Willems Bakeries profitable?
- In financial year 2025, Willems Bakeries made a profit of €12.2m.
- Where can I find the annual accounts of Willems Bakeries?
- Willems Bakeries filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Willems Bakeries due?
- Willems Bakeries must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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