ACTIVE

Warehouse 44

Financial year 2025 · Closed on 31/12/2025

Net result21 k €+3,8 %over 1 year
Gross margin298,1 k €-15,4 %over 1 year
Equity4 M €+0,3 %over 1 year

Identity

Source · BCE/KBO

Warehouse 44 is a Private limited company incorporated in 2023. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Bastogne.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0804.957.468
Incorporation
21/08/2023
Legal form
Private limited company
Registered office
Rue de la Drève 44
6600 Bastogne · WallonieSee on map
Contributed capital
2 711 866,27 €
Latest accounts
31/12/2025
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 3 filings

Trend over 3 financial years

202520242023
Income statement
Gross margin298,1 k €352,5 k €313,9 k €
EBITDA269,2 k €325,7 k €286,9 k €
Operating result32,2 k €88,7 k €56,1 k €
Net result21 k €20,3 k €44,1 k €
Balance sheet
Equity4 M €4 M €4 M €
Total assets4,1 M €4,2 M €4,1 M €
Cash170,7 k €116,4 k €112,2 k €
Debts22,2 k €116,2 k €93 k €
Other
Workforce––0,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Jean-Pierre LUTGEN
Director

Other companies at this address

Rue de la Drève 44 6600 Bastogne
CompanyCBE no.
BEWATCH● Active
0645.774.629
0698.862.531
ICE HEALTH● Active
0676.633.396
ICE HOLDING● Active
0830.952.973
0423.890.295
ICE LOUISE● Active
0846.999.446
ICE Mc AULIFFE● Active
0844.926.022
ICE PATRIMONIAL● Active
0674.517.808
ICE SA● Active
0445.215.746

Full financial information

Source · NBB
202520242023
Type of accountAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/2023
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months12 months
Filing date31/08/202628/08/202526/09/2024
General meeting08/06/202610/06/202510/06/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 3 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202508/06/202631/08/2026FrenchPDF
Abridged model31/12/202410/06/202528/08/2025FrenchPDF
Abridged model31/12/202310/06/202426/09/2024FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Jean-Pierre LUTGEN
Director

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other23/08/2023
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings3 filings
Mandates
Jean-Pierre LUTGEN
2023202420252026
Warehouse 44
Rue de la Drève 44, 6600 Bastogne
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue de la Drève 44, 6600 BastogneCurrent
accounts 2023 → 2025
Accounts 2025 · 2026-00493896

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Warehouse 44Current
accounts 2023 → 2025
Accounts 2025 · 2026-00493896

Events

  1. 2025
    Annual accounts 202521 k €↑
  2. 2024
    Annual accounts 202420,3 k €↓
  3. 2023
    Annual accounts 202344,1 k €
  4. 21/08/2023
    IncorporationPrivate limited company