Financials
Financial year 2025
MANFROY CHAUFFAGE from Waterloo, company number BE0448075464, closed financial year 2025 with a result of € 29,926 after tax. For that financial year MANFROY CHAUFFAGE recorded a gross margin of € 249,876 and equity of € 168,446. Compared with financial year 2024, the result moved from € -2,990 to € 29,926. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 168,446
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 29,926
▲ still € 2,990 loss in 2024
Profit after tax over the fiscal year.
€ 189,312
▲ 21% 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 € 106,446.
People and assets in 2025
€ 209,059
▲ 48% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 15,426
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,301
▲ € 12,407 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 168,720 | € 151,350 | € 142,312 | € 249,876 | ▲ 76% |
| Profit after taxes | € 762 | € 2,778 | € -2,990 | € 29,926 | ▲ € 32,916 |
| Equity | € 138,732 | € 141,510 | € 138,520 | € 168,446 | ▲ 22% |
| Total debts | € 52,373 | € 37,168 | € 37,272 | € 36,924 | ▼ 1% |
| Cash | € 133,005 | € 143,821 | € 157,031 | € 189,312 | ▲ 21% |
| Retained profit | € 76,732 | € 79,510 | € 76,520 | € 106,446 | ▲ 39% |
| Bank debt | € 12,852 | € 1,882 | € 0 | € 0 | |
| Balance sheet total | € 191,105 | € 178,678 | € 175,792 | € 205,370 | ▲ 17% |
Key figures of MANFROY CHAUFFAGE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MANFROY CHAUFFAGE?
What happened at MANFROY CHAUFFAGE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 29,926. Source: NBB ↗
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 762 profit in 2022 to € 29,926 profit in 2025.
Paid € 14,840 in corporate taxes since 2022.
Best year ever: 2025, with € 29,926 profit.
Management
The stake of Electroflam comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MANFROY CHAUFFAGEBehind MANFROY CHAUFFAGE are Paul TORDEUR, Martine GHIETTE and François LE JEUNE D'ALLEGEERSHACQUE. The shares are held by Electroflam (49%).
Directors
According to the 2025 annual accounts
Paul TORDEUR
Managing director
Martine GHIETTE
Director
François LE JEUNE D'ALLEGEERSHACQUE
Director
Shareholders
49%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue Capouillet 20
1410 Waterloo
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.075.464
- VAT number
- BE 0448.075.464
- Registered office
- Avenue Capouillet 20, 1410 Waterloo
- Names & denominations
- MANFROY CHAUFFAGE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 August 1992
- Peppol
- Active · Active since 23 Jan 2026
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Installatie van verwarming, klimaatregeling en ventilatie
Algemene elektrotechnische installatiewerken
Sanitaire werkzaamheden
Overig loodgieterswerk
Elektrische installatie