ACTIVE

WARGEE

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Financial year 2025 · closed on 31/12/2025

Net result

240,3 k €

+248.7% YoY

Gross margin

1,7 M €

+20.3% YoY

Equity

3,8 M €

+6.7% YoY

Workforce

17,0 ETP

What does WARGEE do?

WARGEE is a Private limited company incorporated in 1991. Its main activity is: Joinery installation. Its registered office is in Huldenberg. It employs on average 17,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0444.705.705

Incorporation

26/07/1991

Legal form

Private limited company

Registered office

Neerpoortenstraat(OTT) 20
3040 Huldenberg · FlandreSee on map

Contributed capital

24 789,35 €

Latest accounts

31/12/2025

Average workforce

17,0 ETP

Activities (NACE)

43320Joinery installation· main 43320Joinery installation 45421Sale, maintenance and repair of motorcycles and related parts and accessories 31004Manufacture of furniture 31091Manufacture of other furniture 36141Water collection, treatment and supply

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 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,7 M €	+20.3%	1,4 M €	-19.3%	1,8 M €	+8.6%	1,6 M €	-2.9%	1,7 M €	+29.2%	1,3 M €	-2.0%	1,3 M €	+25.8%	1,1 M €	-25.9%	1,4 M €	+36.0%	1 M €	-22.7%	1,4 M €	+19.2%	1,1 M €	-11.2%	1,3 M €	+3.6%	1,2 M €	+14.6%	1,1 M €	+8.1%	999,2 k €	-12.7%	1,1 M €	-3.9%	1,2 M €	+34.8%	884,2 k €	+24.4%	710,7 k €
EBITDA	572,1 k €	+410%	112,1 k €	-78.6%	523,9 k €	-4.8%	550,6 k €	-6.9%	591,6 k €	+62.0%	365,3 k €	-13.1%	420,5 k €	+552%	64,5 k €	-85.4%	442,1 k €	+307%	108,6 k €	-76.5%	462,1 k €	+58.5%	291,6 k €	-39.8%	484,3 k €	-11.0%	544,1 k €	+36.2%	399,5 k €	+2.3%	390,6 k €	-33.5%	587 k €	-14.7%	688,3 k €	+40.5%	489,8 k €	+40.6%	348,4 k €
Operating result	309,3 k €	+294%	-159,2 k €	-161%	261,5 k €	-13.4%	302,1 k €	-23.0%	392,3 k €	+105%	191 k €	-24.7%	253,5 k €	+324%	-113,2 k €	-147%	240,6 k €	+283%	-131,8 k €	-167%	196,2 k €	+857%	20,5 k €	-90.7%	220,7 k €	-33.2%	330,1 k €	+71.0%	193 k €	-14.5%	225,8 k €	-44.8%	409 k €	-25.6%	550,1 k €	+235%	164,2 k €	-39.8%	272,6 k €
Net result	240,3 k €	+249%	-161,6 k €	-195%	169,8 k €	-25.4%	227,6 k €	-18.0%	277,6 k €	+102%	137,6 k €	-28.9%	193,6 k €	+260%	-121 k €	-165%	185,5 k €	+225%	-148,7 k €	-206%	140,8 k €	+1868%	7,2 k €	-95.7%	167,4 k €	-29.0%	235,6 k €	+47.9%	159,4 k €	-8.3%	173,8 k €	-42.2%	300,4 k €	-40.8%	507,5 k €	+258%	141,6 k €	-31.8%	207,6 k €
Balance sheet
Equity	3,8 M €	+6.7%	3,6 M €	-8.8%	3,9 M €	+4.5%	3,8 M €	+6.4%	3,5 M €	+8.5%	3,3 M €	+4.4%	3,1 M €	+6.6%	2,9 M €	-4.0%	3 M €	+6.5%	2,9 M €	-4.9%	3 M €	+4.9%	2,9 M €	+0.3%	2,9 M €	+6.2%	2,7 M €	+9.6%	2,5 M €	+6.9%	2,3 M €	+8.2%	2,1 M €	+16.5%	1,8 M €	+38.6%	1,3 M €	+12.1%	1,2 M €
Total assets	4,8 M €	+5.7%	4,5 M €	-10.0%	5 M €	+4.2%	4,8 M €	+11.2%	4,3 M €	+6.8%	4 M €	+3.0%	3,9 M €	+4.2%	3,8 M €	-3.3%	3,9 M €	+1.4%	3,8 M €	-5.1%	4,1 M €	-0.3%	4,1 M €	-0.3%	4,1 M €	+9.8%	3,7 M €	+6.2%	3,5 M €	+8.5%	3,2 M €	+3.9%	3,1 M €	+6.7%	2,9 M €	+20.5%	2,4 M €	+50.7%	1,6 M €
Cash	112,8 k €	+58.4%	71,2 k €	-53.9%	154,5 k €	+60.9%	96 k €	-37.6%	153,8 k €	+147%	62,4 k €	-60.7%	158,8 k €	+48.0%	107,3 k €	+77.2%	60,5 k €	-56.5%	139 k €	+170%	51,5 k €	-17.7%	62,6 k €	+50.9%	41,5 k €	-11.1%	46,7 k €	-47.2%	88,5 k €	+1746%	4,8 k €	-82.7%	27,8 k €	+35.4%	20,5 k €	+594%	3 k €	-56.0%	6,7 k €
Debts	572,2 k €	+2.8%	556,4 k €	-21.8%	711,1 k €	+4.6%	679,8 k €	+60.5%	423,7 k €	-0.5%	425,9 k €	-4.7%	446,8 k €	-7.3%	482,1 k €	-1.8%	490,9 k €	-21.1%	622,1 k €	-8.5%	680 k €	-18.2%	831,1 k €	-2.5%	852,5 k €	+29.8%	656,7 k €	-2.5%	673,9 k €	-9.3%	743,1 k €	-7.1%	799,9 k €	-12.1%	910 k €	-2.3%	931,4 k €	+245%	269,6 k €
Other
Workforce	17,0 ETP		–		19,5 ETP	+10.2%	17,7 ETP	-4.8%	18,6 ETP	-1.6%	18,9 ETP		–		–		–		–		18,0 ETP	+6.5%	16,9 ETP	+8.3%	15,6 ETP	+4.0%	15,0 ETP	0.0%	15,0 ETP	+5.6%	14,2 ETP	+10.1%	12,9 ETP	-4.4%	13,5 ETP	+22.7%	11,0 ETP	+4.8%	10,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 2 ended

Active mandates

Guy Wargee

Manager

Active

Philip Wargee

Manager

Active

Ended mandates

Guy Wargee

Mandate

Ended

Philip Wargee

Mandate

Ended

At this address

Other companies at this address

Company	CBE no.
Linimmo● Active	0824.448.332

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	29/08/2025	30/09/2024	18/08/2023	30/08/2022	18/08/2021
General meeting	09/06/2026	03/06/2025	11/06/2024	13/06/2023	14/06/2022	08/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	09/06/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	03/06/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	11/06/2024	30/09/2024	Dutch	PDF
Abridged model	31/12/2022	13/06/2023	18/08/2023	Dutch	PDF
Abridged model	31/12/2021	14/06/2022	30/08/2022	Dutch	PDF
Abridged model	31/12/2020	08/06/2021	18/08/2021	Dutch	PDF
Micro model	31/12/2019	09/06/2020	09/12/2020	Dutch	PDF
Micro model	31/12/2018	11/06/2019	15/11/2019	Dutch	PDF
Micro model	31/12/2017	12/06/2018	09/08/2018	Dutch	PDF
Micro model	31/12/2016	13/06/2017	29/09/2017	Dutch	PDF
Abridged model	31/12/2015	14/06/2016	28/10/2016	Dutch	PDF
Abridged model	31/12/2014	09/06/2015	28/09/2015	Dutch	PDF
Abridged model	31/12/2013	10/06/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	13/06/2013	03/07/2013	Dutch	PDF
Abridged model	31/12/2011	12/06/2012	06/07/2012	Dutch	PDF
Abridged model	31/12/2010	14/06/2011	28/06/2011	Dutch	PDF
Abridged model	31/12/2009	08/06/2010	30/06/2010	Dutch	PDF
Abridged model	31/12/2008	09/06/2009	08/07/2009	Dutch	PDF
Abridged model	31/12/2007	10/06/2008	16/06/2008	Dutch	PDF
Abridged model	31/12/2006	12/06/2007	21/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 2 active · 2 ended

Active mandates

Guy Wargee

Manager

Active

Philip Wargee

Manager

Active

Ended mandates

Guy Wargee

Mandate

Ended

Philip Wargee

Mandate

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates01/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Other29/10/2009
DOEL
PDF
Capital / shares07/12/2005
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

2025
Annual accounts 2025240,3 k €↑
2024
Annual accounts 2024-161,6 k €↓
2023
Annual accounts 2023169,8 k €↓
2022
Annual accounts 2022227,6 k €↓
2021
Annual accounts 2021277,6 k €↑
2020
Annual accounts 2020137,6 k €↓
2019
Annual accounts 2019193,6 k €↑
2018
Annual accounts 2018-121 k €↓
2017
Annual accounts 2017185,5 k €↑
2016
Annual accounts 2016-148,7 k €↓
2015
Annual accounts 2015140,8 k €↑
2014
Annual accounts 20147,2 k €↓
2013
Annual accounts 2013167,4 k €↓
2012
Annual accounts 2012235,6 k €↑
2011
Annual accounts 2011159,4 k €↓
2010
Annual accounts 2010173,8 k €↓
2009
Annual accounts 2009300,4 k €↓
2008
Annual accounts 2008507,5 k €↑
2007
Annual accounts 2007141,6 k €↓
2006
Annual accounts 2006207,6 k €
26/07/1991
IncorporationPrivate 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

WARGEE

Overview

What does WARGEE do?

Trend over 20 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