ACTIVE

LIBOWAR

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Financial year 2024 · closed on 31/12/2024

Net result

189,5 k €

+83.8% YoY

Gross margin

638,8 k €

+15.2% YoY

Equity

923,6 k €

+10.7% YoY

Workforce

4,4 ETP

-12.0% YoY

What does LIBOWAR do?

LIBOWAR is a Public limited company incorporated in 1990. Its registered office is in Waregem. It employs on average 4,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0440.476.208

Incorporation

02/04/1990

Legal form

Public limited company

Registered office

Eikenlaan 90
8790 Waregem · FlandreSee on map

Contributed capital

325 750,00 €

Latest accounts

31/12/2024

Average workforce

4,4 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	638,8 k €	+15.2%	554,4 k €	-13.5%	640,9 k €	-2.7%	658,5 k €	+20.6%	545,9 k €	+22.8%	444,6 k €	+2.1%	435,7 k €	-31.1%	632,8 k €	-4.4%	662 k €	-4.7%	695 k €	+5.5%	658,4 k €	-3.5%	682,6 k €	-14.0%	793,7 k €	+19.0%	666,9 k €	-7.6%	722 k €	+6.0%	681,2 k €	+41.3%	482 k €	-4.4%	504,5 k €
EBITDA	385,3 k €	+35.3%	284,7 k €	-21.0%	360,3 k €	-6.4%	385 k €	+32.6%	290,3 k €	+42.1%	204,4 k €	+132%	87,9 k €	-30.2%	125,9 k €	-26.5%	171,3 k €	+0.9%	169,7 k €	-7.7%	183,8 k €	-32.4%	272 k €	-1.4%	275,9 k €	+41.6%	194,9 k €	-6.9%	209,4 k €	-7.2%	225,5 k €	+130%	98,2 k €	-23.5%	128,4 k €
Operating result	209,4 k €	+88.4%	111,2 k €	-37.1%	176,8 k €	-31.4%	257,7 k €	+110%	122,6 k €	+211%	39,5 k €	+210%	12,7 k €	-74.3%	49,4 k €	-13.4%	57,1 k €	+94.9%	29,3 k €	+23.9%	23,6 k €	-67.2%	72,1 k €	+27.7%	56,5 k €	+0.1%	56,4 k €	-27.2%	77,5 k €	-29.8%	110,3 k €	+375%	23,2 k €	-55.6%	52,3 k €
Net result	189,5 k €	+83.8%	103,1 k €	-44.1%	184,3 k €	-16.4%	220,6 k €	+143%	90,8 k €	+260%	25,3 k €	+113%	11,9 k €	-49.3%	23,4 k €	-3.7%	24,3 k €	+50.7%	16,1 k €	+37.8%	11,7 k €	-73.8%	44,5 k €	+49.3%	29,8 k €	-7.0%	32,1 k €	-35.0%	49,4 k €	+30.9%	37,7 k €	+189%	13,1 k €	-51.0%	26,6 k €
Balance sheet
Equity	923,6 k €	+10.7%	834,1 k €	+0.4%	831,1 k €	+11.3%	746,7 k €	+36.3%	547,8 k €	+19.9%	456,9 k €	+5.9%	431,7 k €	+2.8%	419,8 k €	-1.3%	425,4 k €	+1.0%	421,1 k €	+4.0%	405 k €	-4.2%	422,6 k €	+11.8%	378 k €	+8.6%	348,2 k €	+10.2%	316,1 k €	+18.5%	266,7 k €	+16.5%	229 k €	-24.7%	304,2 k €
Total assets	1,5 M €	-10.0%	1,7 M €	-7.7%	1,8 M €	+10.3%	1,6 M €	+19.1%	1,4 M €	-3.3%	1,4 M €	-8.7%	1,6 M €	+58.9%	983,6 k €	-5.3%	1 M €	-16.0%	1,2 M €	+3.6%	1,2 M €	+20.4%	991,5 k €	-2.1%	1 M €	+48.7%	681 k €	+2.6%	663,5 k €	-16.3%	792,9 k €	+77.1%	447,6 k €	-44.5%	806,1 k €
Cash	653,8 k €	+117%	301,5 k €	-35.3%	466 k €	-10.4%	520,2 k €	+101%	258,3 k €	+158%	100,1 k €	-10.9%	112,3 k €	+1064%	9,6 k €	-1.5%	9,8 k €	-91.0%	108,8 k €	+1525%	6,7 k €	+57.9%	4,2 k €	+39.6%	3 k €	-89.9%	29,9 k €	+13322%	223,1 €	-98.3%	13,4 k €	+419%	2,6 k €	-92.5%	34,4 k €
Debts	565,6 k €	-30.1%	809,6 k €	-14.9%	950,8 k €	+8.2%	878,8 k €	+5.9%	829,8 k €	-14.2%	967,1 k €	-14.5%	1,1 M €	+101%	563,9 k €	-8.1%	613,3 k €	-24.8%	815,7 k €	+3.4%	788,6 k €	+38.6%	568,9 k €	-10.3%	634,4 k €	+90.6%	332,8 k €	-4.2%	347,4 k €	-34.0%	526,1 k €	+141%	218,6 k €	-56.4%	501,9 k €
Other
Workforce	4,4 ETP	-12.0%	5,0 ETP	-13.8%	5,8 ETP	+5.5%	5,5 ETP	+5.8%	5,2 ETP	-8.8%	5,7 ETP	-33.7%	8,6 ETP	-20.4%	10,8 ETP	0.0%	10,8 ETP	-1.8%	11,0 ETP	+0.9%	10,9 ETP	-2.7%	11,2 ETP	-13.8%	13,0 ETP	+1.6%	12,8 ETP	-5.2%	13,5 ETP	+26.2%	10,7 ETP	+7.0%	10,0 ETP	-2.0%	10,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 27 ended

Active mandates

Piet Libbrecht

Managing director · since 24 juin 2023 · until 30 juin 2029

Active

Virginie Cnockaert

Managing director · since 24 juin 2023 · until 30 juin 2029

Active

Ended mandates

Virginie Cnockaert

Managing director · since 27 septembre 2018 · until 24 février 2023

Ended

Virginie Cnockaert

Managing director · since 27 septembre 2018 · until 24 juin 2023

Ended

Piet Libbrecht

Managing director · since 11 décembre 2017 · until 24 juin 2023

Ended

RKP INVEST

Director · since 11 décembre 2017 · until 20 décembre 2019 · 0892.588.456

Represented by Piet Libbrecht

Ended

At this address

Other companies at this address

Company	CBE no.
Fer-Bo● Active	0670.587.625
Libbrecht Gebr.● Active	0812.162.291
RKP INVEST● Active	0892.588.456

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/06/2025	08/07/2024	12/07/2023	05/07/2022	08/07/2021	30/06/2020
General meeting	28/06/2025	29/06/2024	24/06/2023	25/06/2022	26/06/2021	27/06/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	28/06/2025	30/06/2025	Dutch	PDF
Abridged model	31/12/2023	29/06/2024	08/07/2024	Dutch	PDF
Abridged model	31/12/2022	24/06/2023	12/07/2023	Dutch	PDF
Abridged model	31/12/2021	25/06/2022	05/07/2022	Dutch	PDF
Abridged model	31/12/2020	26/06/2021	08/07/2021	Dutch	PDF
Abridged model	31/12/2019	27/06/2020	30/06/2020	Dutch	PDF
Abridged model	31/12/2018	29/06/2019	08/07/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	02/07/2018	Dutch	PDF
Abridged model	31/12/2016	24/06/2017	28/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	29/07/2016	Dutch	PDF
Abridged model	31/12/2014	27/06/2015	25/08/2015	Dutch	PDF
Abridged model	31/12/2013	28/06/2014	07/07/2014	Dutch	PDF
Abridged model	31/12/2012	29/06/2013	23/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	27/07/2012	Dutch	PDF
Abridged model	31/12/2010	25/06/2011	30/06/2011	Dutch	PDF
Abridged model	31/12/2009	26/06/2010	28/07/2010	Dutch	PDF
Abridged model	31/12/2008	19/05/2009	10/09/2009	Dutch	PDF
Abridged model	31/12/2007	17/05/2008	11/09/2008	Dutch	PDF
Abridged model	31/12/2006	19/05/2007	10/09/2009	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 27 ended

Active mandates

Piet Libbrecht

Managing director · since 24 juin 2023 · until 30 juin 2029

Active

Virginie Cnockaert

Managing director · since 24 juin 2023 · until 30 juin 2029

Active

Ended mandates

Virginie Cnockaert

Managing director · since 27 septembre 2018 · until 24 février 2023

Ended

Virginie Cnockaert

Managing director · since 27 septembre 2018 · until 24 juin 2023

Ended

Piet Libbrecht

Managing director · since 11 décembre 2017 · until 24 juin 2023

Ended

RKP INVEST

Director · since 11 décembre 2017 · until 20 décembre 2019 · 0892.588.456

Represented by Piet Libbrecht

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other27/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - DOEL - ALGEMENE VERGADERING
PDF
Mandates24/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/04/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/02/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/02/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/08/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/11/2015
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2024
Annual accounts 2024189,5 k €↑
2023
Annual accounts 2023103,1 k €↓
2022
Annual accounts 2022184,3 k €↓
2021
Annual accounts 2021220,6 k €↑
2019
Annual accounts 201990,8 k €↑
2018
Annual accounts 201825,3 k €↑
2017
Annual accounts 201711,9 k €↓
2016
Annual accounts 201623,4 k €↓
2015
Annual accounts 201524,3 k €↑
2014
Annual accounts 201416,1 k €↑
2013
Annual accounts 201311,7 k €↓
2012
Annual accounts 201244,5 k €↑
2011
Annual accounts 201129,8 k €↓
2010
Annual accounts 201032,1 k €↓
2009
Annual accounts 200949,4 k €↑
2008
Annual accounts 200837,7 k €↑
2007
Annual accounts 200713,1 k €↓
2006
Annual accounts 200626,6 k €
02/04/1990
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

LIBOWAR

Overview

What does LIBOWAR do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline