ACTIVE

Witlof

Financial year 2025 · closed on 31/12/2025
Net result
364,5 k €
-12.3% YoY
Gross margin
1,7 M €
+10.0% YoY
Equity
889,1 k €
+0.1% YoY
Workforce
16,1 ETP
+15.0% YoY

What does Witlof do?

Witlof is a Private limited company incorporated in 2009. Its main activity is: Restaurants and mobile food service activities. Its registered office is in Etterbeek. It employs on average 16,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0818.557.858
Incorporation
15/09/2009
Legal form
Private limited company
Registered office
Boulevard Louis Schmidt 1
1040 Etterbeek · BruxellesSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2025
Average workforce
16,1 ETP
Joint committees (1)
  • 302
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin1,7 M €1,6 M €1,8 M €861,8 k €573,8 k €76,1 k €151,5 k €224,4 k €76,7 k €55,3 k €19,7 k €17,7 k €19,8 k €26,1 k €
EBITDA589,1 k €649,9 k €1 M €536,4 k €274,5 k €23,6 k €137 k €185,9 k €71,8 k €33,6 k €19,3 k €17,1 k €19,2 k €25,6 k €
Operating result491 k €553,3 k €947,1 k €465,6 k €212,3 k €-26 k €94,5 k €151,5 k €44,1 k €23,1 k €16,3 k €12,6 k €14 k €20,6 k €
Net result364,5 k €415,5 k €673,4 k €344 k €140,5 k €-45,8 k €93,3 k €117,7 k €14,8 k €17,4 k €10,6 k €10,4 k €14,6 k €23,6 k €
Balance sheet
Equity889,1 k €888,6 k €1,4 M €699,7 k €355,7 k €215,3 k €261 k €180,7 k €88 k €79,2 k €67,8 k €61,3 k €54,9 k €49,2 k €
Total assets2,1 M €2,8 M €1,8 M €1,4 M €901,6 k €690,3 k €649,3 k €650,8 k €498,4 k €171,3 k €138,6 k €113,4 k €111,8 k €128,8 k €
Cash581 k €843,6 k €454,6 k €269,2 k €122,2 k €42 k €118,2 k €85,4 k €57,5 k €32,7 k €33,9 k €8,4 k €10,6 k €36,3 k €
Debts1,2 M €1,9 M €468,9 k €736,8 k €545,1 k €475 k €387,8 k €464,9 k €405,2 k €86,9 k €65,5 k €47 k €51,8 k €69 k €
Other
Workforce16,1 ETP14,0 ETP12,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

ARTMANA

Director · since 03 mai 2024 · 0401.257.722

Represented by VAN DER HAEGEN Marc

Active
GROUPE CHOUX DE BRUXELLES

Director · since 03 mai 2024 · 0840.411.958

Represented by VAN HAMME Pascal

Active

Ended mandates

ARTMANA

Director · 0401.257.722

Represented by Marc Van Der Haegen

Ended
Filip Fransen

Director

Ended
Filip Fransen

Manager

Ended
GROUPE CHOUX DE BRUXELLES

Director · 0840.411.958

Represented by Pascal Van Hamme

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/07/202631/08/202529/08/202429/09/202305/12/202229/10/2021
General meeting23/07/202630/08/202504/05/202406/05/202307/05/202203/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202523/07/202624/07/2026FrenchPDF
Abridged model31/12/202430/08/202531/08/2025FrenchPDF
Abridged model31/12/202304/05/202429/08/2024DutchPDF
Micro model31/12/202206/05/202329/09/2023DutchPDF
Micro model31/12/202107/05/202205/12/2022DutchPDF
Micro model31/12/202003/05/202129/10/2021DutchPDF
Micro model31/12/201902/05/202030/11/2020DutchPDF
Micro model31/12/201804/05/201910/04/2020DutchPDF
Micro model31/12/201705/05/201804/12/2018DutchPDF
Micro model31/12/201606/05/201729/08/2017DutchPDF
Abridged model31/12/201507/05/201631/08/2016DutchPDF
Abridged model31/12/201402/05/201529/09/2015DutchPDF
Abridged model31/12/201303/05/201419/08/2014DutchPDF
Abridged model31/12/201204/05/201329/10/2013DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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 · 6 ended

Active mandates

ARTMANA

Director · since 03 mai 2024 · 0401.257.722

Represented by VAN DER HAEGEN Marc

Active
GROUPE CHOUX DE BRUXELLES

Director · since 03 mai 2024 · 0840.411.958

Represented by VAN HAMME Pascal

Active

Ended mandates

ARTMANA

Director · 0401.257.722

Represented by Marc Van Der Haegen

Ended
Filip Fransen

Director

Ended
Filip Fransen

Manager

Ended
GROUPE CHOUX DE BRUXELLES

Director · 0840.411.958

Represented by Pascal Van Hamme

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates23/05/2024
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office07/02/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates07/04/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/03/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/05/2010
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other17/09/2009
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 2025364,5 k €
  2. 2024
    Annual accounts 2024415,5 k €
  3. 2023
    Annual accounts 2023673,4 k €
  4. 2023
    Name changeWitlof
  5. 2022
    Annual accounts 2022344 k €
  6. 2021
    Annual accounts 2021140,5 k €
  7. 2021
    Name changeFilip Fransen
  8. 2020
    Annual accounts 2020-45,8 k €
  9. 2019
    Annual accounts 201993,3 k €
  10. 2018
    Annual accounts 2018117,7 k €
  11. 2017
    Annual accounts 201714,8 k €
  12. 2016
    Annual accounts 201617,4 k €
  13. 2015
    Annual accounts 201510,6 k €
  14. 2014
    Annual accounts 201410,4 k €
  15. 2013
    Annual accounts 201314,6 k €
  16. 2012
    Annual accounts 201223,6 k €
  17. 15/09/2009
    IncorporationPrivate limited company