ACTIVE

WAREC

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Financial year 2025 · closed on 31/12/2025
Net result
-50,1 k €
-162.6% YoY
Revenue
467,6 k €
-27.6% YoY
Equity
18,3 M €
-0.3% YoY
Workforce
4,0 ETP
0.0% YoY

What does WAREC do?

WAREC is a Private limited company incorporated in 2020. Its registered office is in Waregem. It employs on average 4,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0741.696.246
Incorporation
17/01/2020
Legal form
Private limited company
Registered office
Spildoornstraat 16
8792 Waregem · FlandreSee on map
Contributed capital
17 930 888,13 €
Latest accounts
31/12/2025
Average workforce
4,0 ETP
Joint committees (2)
  • 124
  • 200
Signals
Solid equityLow riskGood liquidityHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Revenue467,6 k €645,5 k €664,8 k €––
EBITDA-49,8 k €107,7 k €127 k €138,3 k €198,6 k €
Operating result-49,8 k €107,7 k €127 k €138,3 k €198,6 k €
Net result-50,1 k €79,9 k €93,7 k €102,9 k €145,8 k €
Balance sheet
Equity18,3 M €18,4 M €18,3 M €18,2 M €18,1 M €
Total assets19,3 M €19,2 M €18,9 M €18,7 M €18,4 M €
Cash5,4 k €23,4 k €7,8 k €32,8 k €166,6 k €
Debts964,1 k €786,9 k €561,5 k €543,8 k €302,7 k €
Other
Workforce4,0 ETP4,0 ETP3,8 ETP4,9 ETP2,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

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

Active mandates

Dirk Vanden Buverie

Director · since 17 janvier 2020

Active
Patrick Vanden Buverie

Director · since 17 janvier 2020

Active
At this address

Other companies at this address

CompanyCBE no.
Jozef Vanden Buverie Eenheid● Active
0809.611.983
PADIMAT● Active
0455.730.447
VANDEN BUVERIE● Active
0893.466.703
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202117/01/2020
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 date26/06/202629/08/202529/07/202424/07/202318/07/202213/07/2021
General meeting19/06/202620/08/202502/07/202411/07/202330/06/202219/06/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202519/06/202626/06/2026DutchPDF
Full model31/12/202420/08/202529/08/2025DutchPDF
Full model31/12/202302/07/202429/07/2024DutchPDF
Abridged model31/12/202211/07/202324/07/2023DutchPDF
Abridged model31/12/202130/06/202218/07/2022DutchPDF
Abridged model31/12/202019/06/202113/07/2021DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 2 active

Active mandates

Dirk Vanden Buverie

Director · since 17 janvier 2020

Active
Patrick Vanden Buverie

Director · since 17 janvier 2020

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other21/01/2020
    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 2025-50,1 k €↓
  2. 2024
    Annual accounts 202479,9 k €↓
  3. 2023
    Annual accounts 202393,7 k €↓
  4. 2022
    Annual accounts 2022102,9 k €↓
  5. 2021
    Annual accounts 2021145,8 k €
  6. 17/01/2020
    IncorporationPrivate limited company