Financials
Financial year 2025
WAUBREL from Etterbeek, company number BE0882016842, closed financial year 2025 with a result of € -224,722 after tax. For that financial year WAUBREL recorded a gross margin of € 136,116 and equity of € 10.9 million. Compared with financial year 2024, the result moved from € 38,913 to € -224,722. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 10.9 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -224,722
▼ still € 38,913 profit in 2024
Profit after tax over the fiscal year.
€ 550,047
▼ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 10.9 million.
People and assets in 2025
€ 7,596
▲ 25% 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.
€ 812,180
▼ 8% vs 2024
Of which on lease € 733,378.
Debts at end 2025
€ 14.1 million
▲ 9% vs 2024
€ 355,034 is repaid this year. At this pace the long-term loan is gone in ≈ 40 years.
€ 15,686
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,021
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 145,753 | € 130,523 | € 165,237 | € 136,116 | ▼ 18% |
| Profit after taxes | € 162,910 | € -179,232 | € 38,913 | € -224,722 | ▼ € 263,634 |
| Equity | € 11,308,202 | € 11,128,970 | € 11,167,882 | € 10,943,160 | ▼ 2% |
| Total debts | € 10,718,009 | € 12,023,978 | € 14,026,618 | € 14,611,804 | ▲ 4% |
| Cash | € 1,435,628 | € 375,900 | € 618,763 | € 550,047 | ▼ 11% |
| Land & buildings | € 5,126,364 | € 5,011,360 | € 4,896,356 | € 4,780,629 | ▼ 2% |
| Retained profit | € 11,289,602 | € 11,110,370 | € 11,149,282 | € 10,924,560 | ▼ 2% |
| Bank debt | € 10,498,982 | € 11,955,854 | € 12,968,714 | € 14,125,249 | ▲ 9% |
| Balance sheet total | € 25,253,967 | € 26,207,163 | € 28,174,625 | € 28,435,314 | ▲ 1% |
| Employees (FTE) | 0.8 | 0.5 | - | - |
Key figures of WAUBREL, 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 WAUBREL?
What happened at WAUBREL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 224,722 (▼ € 263,634 vs 2024). Source: NBB ↗
- Florence MORSA became a director. NBB
- Geoffroy BOONEN became a director. NBB
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 162,910 profit in 2022 to € 224,722 loss in 2025.
Paid € 20,590 in corporate taxes since 2022.
Best year ever: 2022, with € 162,910 profit.
Management
Behind WAUBREL are Florence MORSA and Geoffroy BOONEN. It owns 100% of IMEMBOURG, 33% of GEM INVEST, 30% of CTC GROUPE and 1% of GOVERNANCE.Com itself.
Establishments
Establishment units
Physical locations of this company
Linthoutstraat 124
1040 Etterbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0882.016.842
- VAT number
- BE 0882.016.842
- Registered office
- Linthoutstraat 124, 1040 Etterbeek
- Names & denominations
- WAUBREL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 June 2006
- Peppol
- Active · Active since 28 Nov 2024
- Activities · NACE
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