Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
62 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Wasbar Belgium from Antwerpen, company number BE0447208503, closed financial year 2025 with a result of € 192,194 after tax. For that financial year Wasbar Belgium recorded revenue of € 12.5 million and equity of € 687,292. Compared with financial year 2024, the result moved from € 488,178 to € 192,194. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 687,292
▲ 39% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 192,194
▼ 61% vs 2024
Profit after tax over the fiscal year.
€ 84,464
▲ 12% 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 € 1,703.
People and assets in 2025
136.6
▲ 4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5 million
▲ 4% vs 2024
€ 36,900 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.
€ 1.1 million
▼ 15% 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.
€ 1.1 million
▲ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 65 days on average.
€ 852,013
▼ 9% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 9,007,773 | € 10,882,027 | € 12,250,039 | € 12,501,622 | ▲ 2% |
| Profit after taxes | € 40,155 | € 335,599 | € 488,178 | € 192,194 | ▼ 61% |
| Equity | € -328,679 | € 6,920 | € 495,098 | € 687,292 | ▲ 39% |
| Total debts | € 4,485,104 | € 4,572,450 | € 3,696,444 | € 3,167,861 | ▼ 14% |
| Cash | € 73,233 | € 81,524 | € 75,420 | € 84,464 | ▲ 12% |
| Retained profit | € -1,014,268 | € -678,669 | € -190,491 | € 1,703 | ▲ € 192,194 |
| Balance sheet total | € 4,156,425 | € 4,579,370 | € 4,191,542 | € 3,855,153 | ▼ 8% |
| Employees (FTE) | 122.8 | 129.1 | 132.6 | 136.6 | ▲ 4 |
Key figures of Wasbar Belgium, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 June 2027.
What happened to Wasbar Belgium?
What happened at Wasbar Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Creations & Theories BV stepped down as director. NBB
- Site Management Services BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 192,194 (▼ 61% vs 2024). Source: NBB ↗
- New establishment in Wijnegem. KBO
- New establishment in Ottignies-Louvain-la-Neuve. KBO
- Creations & Theories BV became a director. NBB
- Site Management Services BV became a director. NBB
- New establishment in Brugge. KBO
In short
From € 40,155 profit in 2022 to € 192,194 profit in 2025.
Paid € 8,198 in corporate taxes since 2022.
Best year ever: 2024, with € 488,178 profit.
Pays suppliers within 65 days on average.
Management
The stake of Top Brands comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Wasbar BelgiumThe shares are held by Top Brands (100%).
Directors
According to the 2025 annual accounts
Director · represented by Kristoff Tillieu
Also active at: PIZZA BELGIUM, Beetroot Invest, BUNZ, Le Monde du Pain
since 2022 · until 2028
Managing director · represented by Stef Meulemans
Also active at: PIZZA BELGIUM, Beetroot Invest, BUNZ, THINK2ACT CAPITAL, Top Brands, Le Monde du Pain
since 2022 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Borsbeeksebrug 34 box 4
2600 Antwerpen
Graaf van Egmontstraat 5
2000 Antwerpen
Active since 1 August 2015
Korenmarkt 37
9000 Gent
Active since 30 June 2016
Kalandestraat 3
9000 Gent
Active since 1 October 2018
Graanmarkt 15
2000 Antwerpen
Active since 31 August 2018
Tiensestraat 7
3000 Leuven
Active since 23 September 2019
Grote Markt 14
3500 Hasselt
Active since 26 March 2020
IJzerenleen 13
2800 Mechelen
Active since 15 October 2020
De Keyserlei 43
2018 Antwerpen
Active since 8 March 2021
Markt 15
8000 Brugge
Active since 31 March 2022
Rue Charlemagne 25/27
1348 Ottignies-Louvain-la-Neuve
Active since 28 August 2023
Turnhoutsebaan 5 box 84
2110 Wijnegem
Active since 21 May 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 62 companies are registered at this address.
All companies at this address →Athena
PIZZA BELGIUM same network
€ 45.8 million revenue · 2025
MABEMI
€ -5,762 gross margin · 2022
C & C LASER
€ -50,670 gross margin · 2025
Linde Gas Belgium
€ 13.1 million revenue · 2025
+57 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0447.208.503
- VAT number
- BE 0447.208.503
- Registered office
- Borsbeeksebrug 34 bus 4, 2600 Antwerpen
- Names & denominations
- Wasbar Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 April 1992
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Activiteiten van wasserettes en wassalons ten behoeve van particulieren
Eetgelegenheden met beperkte bediening