ACTIVE

JAGRO

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Financial year 2025 · closed on 31/12/2025
Net result
35,8 k €
+121.7% YoY
Gross margin
249,4 k €
+345.7% YoY
Equity
145,9 k €
+32.5% YoY
Workforce
1,8 ETP
-25.0% YoY

What does JAGRO do?

JAGRO is a Private limited company incorporated in 2018. Its main activity is: Joinery installation. Its registered office is in Waregem. It employs on average 1,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0704.644.721
Incorporation
17/09/2018
Legal form
Private limited company
Registered office
Eikenlaan 86 box A
8790 Waregem · FlandreSee on map
Contributed capital
35 000,00 €
Latest accounts
31/12/2025
Average workforce
1,8 ETP
Activities (NACE)
43320Joinery installation· main43320Joinery installation43331Floor and wall covering43331Floor and wall covering43320Joinery installation43320Joinery installation+2
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin249,4 k €56 k €252,1 k €291,7 k €97,4 k €75,5 k €73,9 k €
EBITDA117,5 k €-68,8 k €163,9 k €200,4 k €78,3 k €72,7 k €73 k €
Operating result42,9 k €-125,9 k €100,2 k €145,8 k €38,6 k €47,6 k €40,9 k €
Net result35,8 k €-164,9 k €54,5 k €117,4 k €19,1 k €29,4 k €19,6 k €
Balance sheet
Equity145,9 k €110,2 k €275 k €220,5 k €103,1 k €84 k €54,6 k €
Total assets1,2 M €1,4 M €1,5 M €1,3 M €1,2 M €511,9 k €333 k €
Cash76,7 k €77,3 k €271,5 k €220,1 k €141 k €137,5 k €34,3 k €
Debts1 M €1,3 M €1,2 M €1,1 M €1,1 M €388,9 k €278,4 k €
Other
Workforce1,8 ETP2,4 ETP1,3 ETP1,6 ETP0,3 ETP––
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 2 ended

Active mandates

PUR-O-FLOORING

Director · since 01 janvier 2024 · 0755.719.773

Represented by Van Canneyt Olivier

Active
PARKETVLOEREN G. MULLIEZ

Director · since 17 septembre 2018 · 0588.970.835

Represented by MULLIEZ GUILLAUME

Active
TM BURO

Director · since 17 septembre 2018 · 0511.949.865

Represented by Mulliez Thibaut

Active

Ended mandates

PARKETVLOEREN G. MULLIEZ

Director · since 17 septembre 2018 · 0588.970.835

Represented by Guillaume Mulliez

Ended
TM BURO

Director · since 17 septembre 2018 · 0511.949.865

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/07/202625/08/202519/07/202431/08/202325/08/202231/08/2021
General meeting30/06/202623/08/202518/07/202401/08/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202616/07/2026DutchPDF
Abridged model31/12/202423/08/202525/08/2025DutchPDF
Abridged model31/12/202318/07/202419/07/2024DutchPDF
Abridged model31/12/202201/08/202331/08/2023DutchPDF
Abridged model31/12/202130/06/202225/08/2022DutchPDF
Abridged model31/12/202030/06/202131/08/2021DutchPDF
Micro model31/12/201901/05/202028/05/2020DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 3 active · 2 ended

Active mandates

PUR-O-FLOORING

Director · since 01 janvier 2024 · 0755.719.773

Represented by Van Canneyt Olivier

Active
PARKETVLOEREN G. MULLIEZ

Director · since 17 septembre 2018 · 0588.970.835

Represented by MULLIEZ GUILLAUME

Active
TM BURO

Director · since 17 septembre 2018 · 0511.949.865

Represented by Mulliez Thibaut

Active

Ended mandates

PARKETVLOEREN G. MULLIEZ

Director · since 17 septembre 2018 · 0588.970.835

Represented by Guillaume Mulliez

Ended
TM BURO

Director · since 17 septembre 2018 · 0511.949.865

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates13/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/11/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office05/09/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other19/09/2018
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 202535,8 k €↑
  2. 2024
    Annual accounts 2024-164,9 k €↓
  3. 2023
    Annual accounts 202354,5 k €↓
  4. 2022
    Annual accounts 2022117,4 k €↑
  5. 2021
    Annual accounts 202119,1 k €↓
  6. 2020
    Annual accounts 202029,4 k €↑
  7. 2019
    Annual accounts 201919,6 k €
  8. 17/09/2018
    IncorporationPrivate limited company