Financials
Financial year 2025
The Waffle Concept Company from Brugge, company number BE0883491836, closed financial year 2025 with a result of € 38,668 after tax. For that financial year The Waffle Concept Company recorded a gross margin of € 422,166 and equity of € 510,313. Compared with financial year 2024, the result moved from € 587,844 to € 38,668. The company is profitable. The buffer shrank hard: equity is 64 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 13, 2026.
€ 510,313
▼ 64% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 38,668
▼ 93% vs 2024
Profit after tax over the fiscal year.
€ 602,241
▼ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 935,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
2.6
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 236,134
▲ 19% vs 2024
€ 90,800 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
▲ 1% vs 2024
Of which on lease € 1 million.
Debts at end 2025
€ 956,858
▼ 1% vs 2024
€ 110,571 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 52,471
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 36,985
▼ 40% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 212,319 | € 394,107 | € 428,225 | € 422,166 | ▼ 1% |
| Profit after taxes | € 81,869 | € 323,651 | € 587,844 | € 38,668 | ▼ 93% |
| Equity | € 549,151 | € 818,802 | € 1,406,646 | € 510,313 | ▼ 64% |
| Total debts | € 2,955,846 | € 2,618,455 | € 2,615,603 | € 2,527,711 | ▼ 3% |
| Cash | € 425,245 | € 132,804 | € 924,395 | € 602,241 | ▼ 35% |
| Land & buildings | € 503,825 | € 503,187 | € 502,550 | € 501,912 | |
| Retained profit | € 474,151 | € 743,802 | € 1,331,646 | € 435,313 | ▼ 67% |
| Dividend | € 0 | € 54,000 | € 0 | € 935,000 | |
| Bank debt | € 1,293,914 | € 1,285,416 | € 969,684 | € 956,858 | ▼ 1% |
| Balance sheet total | € 3,504,997 | € 3,437,257 | € 4,022,249 | € 3,038,024 | ▼ 24% |
| Employees (FTE) | 1.8 | 1.8 | 2.2 | 2.6 | ▲ 0.4 |
Key figures of The Waffle Concept Company, 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 The Waffle Concept Company?
What happened at The Waffle Concept Company in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 38,668 (▼ 93% vs 2024). Source: NBB ↗
- CHEZ ALBERT & FRIENDS BV became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 81,869 profit in 2022 to € 38,668 profit in 2025.
Paid € 123,563 in corporate taxes since 2022.
Best year ever: 2024, with € 587,844 profit.
On average € 162,400 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Chez Albert & Friends comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
The Waffle Concept CompanyBehind The Waffle Concept Company is CHEZ ALBERT & FRIENDS BV. The shares are held by Chez Albert & Friends (100%). It owns 100% of CHEZ ALBERT BRUSSEL, 100% of H.IT and 100% of Chez Albert Shops itself.
Directors
According to the 2025 annual accounts
Administrator-manager · represented by Bert Vanaudenaerde
since 2025
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Breidelstraat 16
8000 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →MAGDUTON
€ 129,584 gross margin · 2025
CHEZ ALBERT SHOPS same network
€ 1.6 million gross margin · 2025
H.IT same network
€ 169,570 gross margin · 2025
Chez Albert Brussel same network
€ 362,257 gross margin · 2025
The Waffle Group
+2 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
- 0883.491.836
- VAT number
- BE 0883.491.836
- Registered office
- Breidelstraat 16, 8000 Brugge
- Names & denominations
- The Waffle Concept Company · TWCC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 September 2006
- Peppol
- Active · Active since 30 Aug 2023
- Contact
- [email protected] +3250950011
- Activities · NACE
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