ACTIVE

Waarom

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Financial year 2025 · closed on 31/12/2025

Net result

-17,4 k €

-11120.4% YoY

Gross margin

-14,1 k €

-191.3% YoY

Equity

72,4 k €

-19.3% YoY

What does Waarom do?

Waarom is a Private limited company incorporated in 2008. Its registered office is in Kasterlee.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0806.723.561

Incorporation

25/09/2008

Legal form

Private limited company

Registered office

Retiesebaan 131
2460 Kasterlee · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Signals

Solid equityLow riskGood liquidity

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	-14,1 k €	-191%	15,4 k €	-93.7%	246 k €	-34.8%	377,4 k €	+15.1%	327,8 k €	+93.4%	169,5 k €	+37.8%	123 k €	-41.4%	209,8 k €	+93.3%	108,5 k €	-8.6%	118,8 k €	+170%	44,1 k €	+2.6%	42,9 k €	-28.9%	60,4 k €	-42.1%	104,3 k €	+88.1%	55,5 k €	-55.9%	125,8 k €
EBITDA	-14,5 k €	-200%	14,6 k €	-93.9%	237,9 k €	-32.8%	354,1 k €	+10.3%	321 k €	+102%	158,7 k €	+127%	69,8 k €	-65.6%	202,8 k €	+96.8%	103 k €	-9.8%	114,2 k €	+193%	39 k €	-4.4%	40,8 k €	-30.0%	58,3 k €	-43.4%	103 k €	+432%	19,4 k €	-83.9%	120,4 k €
Operating result	-17 k €	-461686%	3,7 €	-100.0%	216 k €	-35.5%	334,7 k €	+11.6%	299,8 k €	+118%	137,7 k €	+177%	49,7 k €	-69.7%	163,9 k €	+499%	27,4 k €	-70.0%	91,1 k €	+538%	14,3 k €	+7.4%	13,3 k €	-45.1%	24,2 k €	-66.1%	71,5 k €	+1425%	-5,4 k €	-105%	117,4 k €
Net result	-17,4 k €	-11120%	157,7 €	-99.9%	264,3 k €	+139%	-686,2 k €	-414%	218,3 k €	+143%	90 k €	+1063%	7,7 k €	-97.1%	265,6 k €	+3025%	8,5 k €	-81.2%	45,3 k €	+1492%	2,8 k €	-9.2%	3,1 k €	-68.2%	9,8 k €	-77.5%	43,8 k €	+1372%	-3,4 k €	-104%	78,8 k €
Balance sheet
Equity	72,4 k €	-19.3%	89,8 k €	-71.0%	309,7 k €	+583%	45,3 k €	-93.8%	731,5 k €	+42.5%	513,2 k €	+21.3%	423,2 k €	+1.9%	415,4 k €	+177%	149,8 k €	+6.0%	141,3 k €	+47.1%	96,1 k €	+3.1%	93,2 k €	+3.5%	90,1 k €	+12.3%	80,2 k €	+111%	37,9 k €	-58.5%	91,4 k €
Total assets	72,5 k €	-19.8%	90,3 k €	-70.8%	309,9 k €	-18.1%	378,2 k €	-80.7%	2 M €	-6.9%	2,1 M €	-3.1%	2,2 M €	+6.7%	2 M €	+7.4%	1,9 M €	+61.5%	1,2 M €	+192%	402,3 k €	+20.3%	334,4 k €	-4.3%	349,2 k €	-10.3%	389,5 k €	+0.1%	389,3 k €	+285%	101,1 k €
Cash	8,3 k €	+133%	3,6 k €	-97.9%	168,4 k €	+401%	33,6 k €	-69.7%	110,9 k €	+1197%	8,6 k €	-15.8%	10,2 k €	-41.1%	17,3 k €	+27.5%	13,5 k €	+1032%	1,2 k €	-89.9%	11,8 k €	+145%	4,8 k €	-19.3%	6 k €	-64.7%	16,9 k €	+143%	7 k €	-84.4%	44,6 k €
Debts	31,6 €	-93.9%	520,7 €	+161%	199,2 €	-99.9%	332,9 k €	-72.5%	1,2 M €	-24.1%	1,6 M €	-9.0%	1,8 M €	+8.1%	1,6 M €	-7.3%	1,7 M €	+69.1%	1 M €	+237%	306,3 k €	+27.0%	241,2 k €	-6.9%	259,2 k €	-16.2%	309,3 k €	-12.0%	351,3 k €	+3586%	9,5 k €
Other
Workforce	–		–		0,0 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 · 1 active · 3 ended

Active mandates

Gert Haubrechts

Director · since 07 mars 2023

Active

Ended mandates

Gert Haubrechts

Director · since 25 septembre 2008

Ended

Gert Haubrechts

Manager · since 25 septembre 2008

Ended

Gert Haubrechts

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
AIRDECO● Active	0460.061.201
DAAROM● Active	0786.710.382
IFS International● Active	0449.259.953

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Abridged model	Abridged model	Abridged model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	18 months	12 months	12 months	12 months
Filing date	09/07/2026	27/06/2025	22/08/2024	13/12/2022	09/12/2021	17/12/2020
General meeting	10/06/2026	11/06/2025	12/06/2024	07/12/2022	01/12/2021	02/12/2020
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	10/06/2026	09/07/2026	Dutch	PDF
Micro model	31/12/2024	11/06/2025	27/06/2025	Dutch	PDF
Abridged model	31/12/2023	12/06/2024	22/08/2024	Dutch	PDF
Abridged model	30/06/2022	07/12/2022	13/12/2022	Dutch	PDF
Abridged model	30/06/2021	01/12/2021	09/12/2021	Dutch	PDF
Micro model	30/06/2020	02/12/2020	17/12/2020	Dutch	PDF
Abridged model	30/06/2019	04/12/2019	13/01/2020	Dutch	PDF
Abridged model	30/06/2018	05/12/2018	09/01/2019	Dutch	PDF
Abridged model	30/06/2017	06/12/2017	27/12/2017	Dutch	PDF
Abridged model	30/06/2016	07/12/2016	23/12/2016	Dutch	PDF
Abridged model	30/06/2015	02/12/2015	18/12/2015	Dutch	PDF
Abridged model	30/06/2014	03/12/2014	09/12/2014	Dutch	PDF
Abridged model	30/06/2013	04/12/2013	13/02/2014	Dutch	PDF
Abridged model	30/06/2012	05/12/2012	07/02/2013	Dutch	PDF
Abridged model	30/06/2011	07/12/2011	19/12/2011	Dutch	PDF
Abridged model	30/06/2010	10/10/2010	19/10/2010	Dutch	PDF

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 · 1 active · 3 ended

Active mandates

Gert Haubrechts

Director · since 07 mars 2023

Active

Ended mandates

Gert Haubrechts

Director · since 25 septembre 2008

Ended

Gert Haubrechts

Manager · since 25 septembre 2008

Ended

Gert Haubrechts

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/03/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Registered office08/03/2018
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL
PDF
Other19/12/2016
BENAMING
PDF
Registered office30/11/2015
MAATSCHAPPELIJKE ZETEL
PDF
Registered office07/06/2011
MAATSCHAPPELIJKE ZETEL
PDF
Other08/01/2010
BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other08/10/2008
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

2025
Annual accounts 2025-17,4 k €↓
2024
Annual accounts 2024157,7 €↓
2023
Annual accounts 2023264,3 k €↑
2023
Name changeWaarom
2022
Annual accounts 2022-686,2 k €↓
2021
Annual accounts 2021218,3 k €↑
2020
Annual accounts 202090 k €↑
2019
Annual accounts 20197,7 k €↓
2018
Annual accounts 2018265,6 k €↑
2017
Annual accounts 20178,5 k €↓
2016
Annual accounts 201645,3 k €↑
2016
Name changeWatz Group
2015
Annual accounts 20152,8 k €↓
2014
Annual accounts 20143,1 k €↓
2013
Annual accounts 20139,8 k €↓
2012
Annual accounts 201243,8 k €↑
2011
Annual accounts 2011-3,4 k €↓
2010
Annual accounts 201078,8 k €
2010
Name changeManagIT.be
25/09/2008
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

Waarom

Overview

What does Waarom do?

Trend over 16 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