Financials
Financial year 2025
TOFAHA FOOD from Asse, company number BE0721899932, closed financial year 2025 with a result of € 457,704 after tax. For that financial year TOFAHA FOOD recorded a gross margin of € 1.3 million and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 447,592 to € 457,704. 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 October 1, 2026.
€ 1.1 million
▲ 76% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 457,704
▲ 2% vs 2024
Profit after tax over the fiscal year.
€ 656,133
▲ 3% 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 million.
People and assets in 2025
9.3
Average over the fiscal year, from the social balance sheet.
€ 417,184
▲ 12% vs 2024
€ 44,900 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.
€ 366,645
▼ 14% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 19,363
▼ 2% vs 2024
Loans from banks and other lenders, long and short.
€ 184,554
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 261,527
▲ 79% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 724,245 | € 623,997 | € 1,191,495 | € 1,306,039 | ▲ 10% |
| Profit after taxes | € 169,734 | € 89,413 | € 447,592 | € 457,704 | ▲ 2% |
| Equity | € 515,215 | € 604,628 | € 604,628 | € 1,062,331 | ▲ 76% |
| Total debts | € 496,991 | € 393,847 | € 973,856 | € 541,788 | ▼ 44% |
| Cash | € 288,063 | € 337,268 | € 639,980 | € 656,133 | ▲ 3% |
| Land & buildings | € 3,600 | € 3,000 | € 2,400 | € 1,800 | ▼ 25% |
| Retained profit | € 485,215 | € 574,628 | € 574,628 | € 1,032,331 | ▲ 80% |
| Dividend | € 0 | € 0 | € 447,592 | € 0 | ▼ 100% |
| Bank debt | € 93,531 | € 19,437 | € 19,727 | € 19,363 | ▼ 2% |
| Balance sheet total | € 1,012,206 | € 998,475 | € 1,578,484 | € 1,604,120 | ▲ 2% |
| Employees (FTE) | - | - | - | 9.3 |
By gross margin, TOFAHA FOOD ranks 2nd of 31 companies with main activity “Industriële vervaardiging van brood en van vers banketbakkerswerk” in Flemish Brabant that publish figures (fiscal year 2025).
Key figures of TOFAHA FOOD, 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.
Ask about TOFAHA FOOD the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to TOFAHA FOOD?
What happened at TOFAHA FOOD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 457,704 (▲ 2% vs 2024). filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Asse. KBO
- IYAD BITAR MHD became a director. NBB
In short
From € 169,734 profit in 2022 to € 457,704 profit in 2025.
Paid € 506,641 in corporate taxes since 2022.
Best year ever: 2025, with € 457,704 profit.
On average € 140,400 of value added per employee in 2025.
Management
Behind TOFAHA FOOD are IYAD BITAR MHD and Ziad Hilwani.
Directors
According to the 2025 annual accounts
IYAD BITAR MHD
Director
since 2019
Ziad Hilwani
Director
Establishments
Establishment units
Physical locations of this company
Z. 3 Doornveld 43
1731 Asse
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Bitar Mhd Iyad(oprichter) 50%
- Hilwani Ziad Tareq Abdel Qader(oprichter) 50%
Details
- Company number
- 0721.899.932
- VAT number
- BE 0721.899.932
- Registered office
- Z. 3 Doornveld 43, 1731 Asse
- Names & denominations
- TOFAHA FOOD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 March 2019
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
Industriële vervaardiging van brood en van vers banketbakkerswerk