WAFFLE FACTORY DEVELOPMENT
ActiveSummary
WAFFLE FACTORY DEVELOPMENT has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €837,478 and a net result of €102,009. Equity is growing by about 20% per year across the filed financial years. Its solvency ranks better than 31% of 3,853 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- WAFFLE FACTORY DEVELOPMENT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, simple décision organe d'administration” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “L'article 14 des statuts de la société prévoit que chaque administrateur délégué ou, à défaut, deux administrateurs agissant conjointement…”deed of 20-08-2024
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, un ou plusieurs administrateurs” (deed in French)deed of 18-04-2024
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “B, transformation forme juridique en société anonyme” (deed in French)“Sous_réserve_transformation_en_SA, égal” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié_cédant_moitié_acquéreurs_proportionnellement_si_plusieurs…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Apport_numéraire_avec_émission_actions_nouvelles_droit_préférence, courrier_électronique_ou_courrier_ordinaire_même_jour_si_pas_email” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Tout_temps_decision_AG_formes_modifications_statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Faculte_AG_designer_un_ou_plusieurs_determiner_pouvoirs_emoluments, administrateurs en fonction designes liquidateurs en vertu statuts si…” (deed in French)