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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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2024; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2021.
Financials
Financial year 2024
WAMA-BEEF from Ciney, company number BE0455909601, closed financial year 2024 with a result of € -1.5 million after tax. For that financial year WAMA-BEEF recorded revenue of € 24.5 million and equity of € 384,753. Compared with financial year 2023, the result moved from € -431,498 to € -1.5 million. The company made a loss. The buffer shrank hard: equity is 80 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 22, 2025.
€ 384,753
▼ 80% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.5 million
▼ 241 % more loss than in 2023
Profit after tax over the fiscal year.
€ 246,937
▼ 24% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.3 million.
People and assets in 2024
39.7
▲ 0.9 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 2.1 million
▲ 11% vs 2023
€ 52,700 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.
€ 208,117
▲ 1% vs 2023
Of which on lease € 56,007.
Debts at end 2024
€ 4.2 million
▼ 12% vs 2023
€ 612,351 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 4.9 million
▲ 25% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 79 days on average.
€ 227,004
▼ 31% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 18,413,818 | € 24,534,886 | ▲ 33% |
| Gross margin | € 1,835,631 | € 2,758,467 | - | - | |
| Profit after taxes | € -108,501 | € -56,720 | € -431,498 | € -1,473,213 | ▼ € 1 million |
| Equity | € 2,205,539 | € 2,148,766 | € 1,884,848 | € 384,753 | ▼ 80% |
| Total debts | € 4,519,848 | € 6,058,454 | € 9,040,209 | € 9,377,082 | ▲ 4% |
| Cash | € 84,106 | € 161,251 | € 325,930 | € 246,937 | ▼ 24% |
| Land & buildings | € 2,721,101 | € 3,168,340 | € 3,328,542 | € 3,274,219 | ▼ 2% |
| Retained profit | € -339,821 | € -396,541 | € -828,039 | € -2,301,252 | ▼ € 1.5 million |
| Bank debt | € 2,136,621 | € 3,844,996 | € 4,780,738 | € 4,204,084 | ▼ 12% |
| Balance sheet total | € 6,725,387 | € 8,207,220 | € 10,925,057 | € 9,761,835 | ▼ 11% |
| Employees (FTE) | 33.7 | 36.1 | 38.8 | 39.7 | ▲ 0.9 |
Key figures of WAMA-BEEF, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to WAMA-BEEF?
What happened at WAMA-BEEF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 1.5 million. filed late Source: NBB ↗
- GESTUM SRL became a director. NBB
- New establishment in Ciney. KBO
- COBBAUT MEAT SRL became a director. NBB
- JOLA MEAT SRL became a director. NBB
- New establishment in Ciney. KBO
- Start of the company according to the CBE. KBO
In short
From € 108,501 loss in 2021 to € 1.5 million loss in 2024.
Paid € 12,495 in corporate taxes since 2021.
On average € 76,400 of value added per employee in 2022.
Pays suppliers within 79 days on average.
Management
The stake of JOLA MEAT, COBBAUT MEAT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WAMA-BEEFBehind WAMA-BEEF are COBBAUT MEAT SRL, GESTUM SRL and JOLA MEAT SRL. The shares are held by JOLA MEAT (50%) and COBBAUT MEAT (50%).
Directors
According to the 2024 annual accounts
Director · represented by COBBAUT BJORN
since 2022
since 2024
Director · represented by WARZEE LAURE
since 2022
Shareholders
50%
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Allée des Abattoirs 1
5590 Ciney
Allée des Abattoirs 1 box A
5590 Ciney
Active since 8 December 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0455.909.601
- VAT number
- BE 0455.909.601
- Registered office
- Allée des Abattoirs 1, 5590 Ciney
- Names & denominations
- WAMA-BEEF
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 September 1995
- Peppol
- Active · Active since 14 Oct 2025
- Activities · NACE
Activiteiten van slachthuizen
Verwerking en conservering van vlees, exclusief vlees van gevogelte
Detailhandel in vlees en vleesproducten, muv vlees van wild en van gevogelte
Overige fiscale dienstverlening
Groothandel in vlees en vleesproducten, uitgezonderd vlees van wild en van gevogelte
Detailhandel in zuivelproducten en eieren
Groothandel in vlees en vleeswaren, exclusief vlees van gevogelte en van wild
Detailhandel in vlees en vleeswaren
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