ACTIVE

ZAFFER RESEARCH and DEVELOPMENT

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Financial year 2025 · Closed on 31/12/2025

Net result-9,3 k €-477,4 %over 1 year
Gross margin139,3 k €+46,8 %over 1 year
Equity41,3 k €-18,3 %over 1 year

Identity

Source · BCE/KBO

ZAFFER RESEARCH and DEVELOPMENT is a Private limited company incorporated in 2010. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Zaventem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0823.902.261
Incorporation
12/03/2010
Legal form
Private limited company
Registered office
Weiveldlaan 41
1930 Zaventem · FlandreSee on map
Contributed capital
22 000,00 €
Latest accounts
31/12/2025
Joint committees (3)
  • 111
  • 209
  • 218
Signals
Solid equityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 15 filings

Trend over 15 financial years

20252024202320222021
Income statement
Gross margin139,3 k €94,9 k €77,2 k €95,4 k €154,7 k €
EBITDA25,4 k €22,7 k €19,5 k €48,6 k €44,7 k €
Operating result-7,6 k €5,3 k €2,6 k €30,1 k €-354,7 €
Net result-9,3 k €2,5 k €-134,8 €19,5 k €-6 k €
Balance sheet
Equity41,3 k €50,5 k €48,1 k €48,2 k €28,7 k €
Total assets129,1 k €111,8 k €75 k €111,7 k €78,7 k €
Cash8,5 k €16,4 k €1,6 k €58,6 k €8,9 k €
Debts87,8 k €61,3 k €26,9 k €63,5 k €50 k €
Other
Workforce–––1,0 ETP–

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Muzaffer Güler
Directorsince 24/03/2010Manager12/03/2010 → 2023 accountsended

Other companies at this address

Weiveldlaan 41 1930 Zaventem
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ERVE BUYING● Active
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ITG INVEST● Active
0457.971.048
LIGHTHOUSE MEDIA● Active
0654.710.408
MATTHIJS OFFICE SUPPLIES● Bankrupt
0479.283.136
OTHERS● Active
0715.742.907
PROCOFLOOR● Active
0534.627.772
Runners Lab● Active
0636.989.595
Super Soccer XL● Active
0467.081.625
SVW Holding● Active
0705.984.905
TELENCO● Active
0671.599.096
VAN DER ERVE● Active
0440.795.120
ZAFFER BELGIUM● Active
0849.905.585

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/07/202001/07/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202130/06/2020
Length of the financial year12 months12 months12 months12 months18 months12 months
Filing date10/07/202626/08/202516/07/202405/07/202331/08/202226/11/2020
General meeting29/05/202623/05/202524/05/202426/05/202327/05/202231/10/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 15 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202529/05/202610/07/2026DutchPDF
Micro model31/12/202423/05/202526/08/2025DutchPDF
Micro model31/12/202324/05/202416/07/2024DutchPDF
Abridged model31/12/202226/05/202305/07/2023DutchPDF
Abridged model31/12/202127/05/202231/08/2022DutchPDF
Micro model30/06/202031/10/202026/11/2020DutchPDF
Micro model30/06/201925/10/201927/11/2019DutchPDF
Micro model30/06/201826/10/201817/07/2019DutchPDF
Micro model30/06/201727/10/201704/01/2018DutchPDF
Abridged model30/06/201628/10/201616/11/2016DutchPDF
Abridged model30/06/201526/10/201501/12/2015DutchPDF
Abridged model30/06/201426/10/201426/11/2015DutchPDF
Abridged model30/06/201326/10/201305/02/2014DutchPDF
Abridged model30/06/201226/10/201218/12/2012DutchPDF
Abridged model30/06/201128/10/201128/11/2011DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Muzaffer Güler
Directorsince 24/03/2010Manager12/03/2010 → 2023 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates30/12/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other27/11/2012
    Statutenwijziging.
    PDF
  • Registered office23/01/2012
    Verplaatsing maatschappelijke zetel
    PDF
  • Other12/05/2010
    Statutenwijziging.
    PDF
  • Other24/03/2010
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings15 filings
Mandates
MUZAFFER GULER
20102011201220132014201520162017201820192020202120222023202420252026
ZAFFER RESEARCH and DEVELOPMENTZAFFER R & D
Weiveldlaan 41, 1930 Zaventem
DirectorManager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Weiveldlaan 41, 1930 ZaventemCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00277886

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
ZAFFER RESEARCH and DEVELOPMENTCurrent
accounts 2025
Accounts 2025 · 2026-00277886
ZAFFER R & D
accounts 2021 → 2024
Accounts 2024 · 2025-00402138

Events

  1. 2025
    Annual accounts 2025-9,3 k €↓
  2. 2025
    Name changeZAFFER RESEARCH and DEVELOPMENT
  3. 2024
    Annual accounts 20242,5 k €↑
  4. 2023
    Annual accounts 2023-134,8 €↓
  5. 2022
    Annual accounts 202219,5 k €↑
  6. 2021
    Annual accounts 2021-6 k €↓
  7. 2020
    Annual accounts 202032,1 k €↑
  8. 2019
    Annual accounts 201917,9 k €↑
  9. 2018
    Annual accounts 2018-18,4 k €↓
  10. 2017
    Annual accounts 201738,8 k €↑
  11. 2016
    Annual accounts 2016-31,4 k €↓
  12. 2015
    Annual accounts 2015129,9 k €↑
  13. 2014
    Annual accounts 2014-7,5 k €↑
  14. 2013
    Annual accounts 2013-163 k €↓
  15. 2012
    Annual accounts 20126,2 k €↓
  16. 2011
    Annual accounts 20119,9 k €
  17. 12/03/2010
    IncorporationPrivate limited company