ACTIVE

GENERAL WAFFLE MANUFACTORY

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Financial year 2025 · Closed on 31/12/2025

Net result656,5 k €+9,8 %over 1 year

Gross margin2,1 M €+4,4 %over 1 year

Equity1,8 M €-24,9 %over 1 year

Workforce18,3 ETP+4,6 %over 1 year

Identity

Source · BCE/KBO

GENERAL WAFFLE MANUFACTORY is a Private limited company incorporated in 1993. Its registered office is in Berchem-Sainte-Agathe. It employs on average 18,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0451.533.911
Incorporation: 29/11/1993
Legal form: Private limited company
Registered office: Rue Bois des Iles 16
1082 Berchem-Sainte-Agathe · BruxellesSee on map
Contributed capital: 500 000,00 €
Latest accounts: 31/12/2025
Average workforce: 18,3 ETP

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	2,1 M €	+4.4%	2 M €	+13.4%	1,8 M €	+30.5%	1,3 M €	+81.6%	740,9 k €
EBITDA	1,2 M €	+9.7%	1,1 M €	+19.8%	938,3 k €	+21.2%	774,1 k €	+128%	339,9 k €
Operating result	941,6 k €	+10.1%	854,9 k €	+30.5%	654,9 k €	+30.2%	502,9 k €	+471%	88,1 k €
Net result	656,5 k €	+9.8%	597,9 k €	+32.9%	449,9 k €	+23.1%	365,5 k €	+525%	58,5 k €
Balance sheet
Equity	1,8 M €	-24.9%	2,4 M €	+17.1%	2 M €	+28.3%	1,6 M €	+29.9%	1,2 M €
Total assets	3,7 M €	+6.6%	3,5 M €	+5.3%	3,3 M €	+6.3%	3,1 M €	+7.5%	2,9 M €
Cash	469,3 k €	+72.4%	272,3 k €	-66.6%	815,5 k €	+68.7%	483,3 k €	+21.1%	399,1 k €
Debts	1,9 M €	+74.8%	1,1 M €	-13.6%	1,3 M €	-16.5%	1,5 M €	-7.5%	1,6 M €
Other
Workforce	18,3 ETP	+4.6%	17,5 ETP	+4.2%	16,8 ETP	+20.9%	13,9 ETP	+0.7%	13,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 9 ended

Active mandates

CAFA INVEST

Director · since 23 octobre 2023 · 1001.811.644

Represented by Fabrizio Colabufalo

Active

Ended mandates

Carine DE DONCKER

Manager

Ended

Carine DEDONCKER

Director

Ended

Carine DEDONCKER

Manager

Ended

Jean-Baptiste DOYEN

Director

Ended

Other companies at this address

Rue Bois des Iles 16 1082 Berchem-Sainte-Agathe

Company	CBE no.
CAFA INVEST● Active	1001.811.644

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged 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	09/07/2026	29/07/2025	17/05/2024	22/06/2023	22/08/2022	11/06/2021
General meeting	25/06/2026	05/05/2025	06/05/2024	02/05/2023	02/05/2022	03/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	25/06/2026	09/07/2026	French	PDF
Abridged model	31/12/2024	05/05/2025	29/07/2025	French	PDF
Abridged model	31/12/2023	06/05/2024	17/05/2024	French	PDF
Abridged model	31/12/2022	02/05/2023	22/06/2023	French	PDF
Abridged model	31/12/2021	02/05/2022	22/08/2022	French	PDF
Abridged model	31/12/2020	03/05/2021	11/06/2021	French	PDF
Abridged model	31/12/2019	04/05/2020	28/07/2020	French	PDF
Abridged model	31/12/2018	06/05/2019	27/08/2019	French	PDF
Abridged model	31/12/2017	07/05/2018	18/06/2018	French	PDF
Abridged model	31/12/2016	02/05/2017	20/06/2017	French	PDF
Abridged model	31/12/2015	02/05/2016	07/06/2016	French	PDF
Abridged model	31/12/2014	04/05/2015	13/07/2015	French	PDF
Abridged model	31/12/2013	05/05/2014	11/07/2014	French	PDF
Abridged model	31/12/2012	06/05/2013	16/05/2013	French	PDF
Abridged model	31/12/2011	07/05/2012	28/08/2012	French	PDF
Abridged model	31/12/2010	02/05/2011	07/07/2011	French	PDF
Abridged model	31/12/2009	03/05/2010	27/05/2010	French	PDF
Abridged model	31/12/2008	04/05/2009	08/06/2009	French	PDF
Abridged model	31/12/2007	05/05/2008	02/07/2008	French	PDF
Abridged model	31/12/2006	07/05/2007	03/08/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 9 ended

Active mandates

CAFA INVEST

Director · since 23 octobre 2023 · 1001.811.644

Represented by Fabrizio Colabufalo

Active

Ended mandates

Carine DE DONCKER

Manager

Ended

Carine DEDONCKER

Director

Ended

Carine DEDONCKER

Manager

Ended

Jean-Baptiste DOYEN

Director

Ended

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates25/06/2024
MODIFICATION FORME JURIDIQUE - DENOMINATION - OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates12/04/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates16/02/2011
DEMISSIONS, NOMINATIONS
PDF
Registered office16/02/2011
SIEGE SOCIAL
PDF
Capital / shares12/01/2005
CAPITAL, ACTIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 2025656,5 k €↑
2024
Annual accounts 2024597,9 k €↑
2024
Name changeGENERAL WAFFLE MANUFACTORY
2023
Annual accounts 2023449,9 k €↑
2022
Annual accounts 2022365,5 k €↑
2021
Annual accounts 202158,5 k €↑
2021
Name changeGENERAL WAFFEL MANUFACTORY
2020
Annual accounts 2020-2,4 k €↓
2019
Annual accounts 2019352,6 k €↑
2018
Annual accounts 2018189 k €↑
2017
Annual accounts 2017183,3 k €↑
2016
Annual accounts 201613,1 k €↓
2015
Annual accounts 2015204,7 k €↑
2014
Annual accounts 201459,6 k €↑
2013
Annual accounts 2013-76,7 k €↓
2012
Annual accounts 201289,6 k €↑
2011
Annual accounts 2011-78,1 k €↓
2010
Annual accounts 2010-4,3 k €↓
2009
Annual accounts 200958,3 k €↑
2008
Annual accounts 200840,9 k €↓
2007
Annual accounts 200770,1 k €↓
2006
Annual accounts 2006134,1 k €
29/11/1993
IncorporationPrivate limited company

GENERAL WAFFLE MANUFACTORY

Overview

Identity

Financials

Valuation

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

Timeline