ACTIVE

WAREGEMS AUTONOOM GEMEENTEBEDRIJF STADSONTWIKKELING WAGSO

Financial year 2025 · Closed on 31/12/2025

Net result586,5 k €+4,4 %over 1 year
Gross margin1,5 M €+6,8 %over 1 year
Equity8,8 M €+7,1 %over 1 year
Workforce1,8 ETP-51,4 %over 1 year

Identity

Source · BCE/KBO

WAREGEMS AUTONOOM GEMEENTEBEDRIJF STADSONTWIKKELING WAGSO is a Autonomous municipal company incorporated in 2008. Its main activity is: Development of building projects. Its registered office is in Waregem. It employs on average 1,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0809.449.360
Incorporation
01/07/2008
Legal form
Autonomous municipal company
Registered office
Gemeenteplein 2
8790 Waregem · FlandreSee on map
Contributed capital
9 632 673,90 €
Latest accounts
31/12/2025
Average workforce
1,8 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 11 filings

Trend over 11 financial years

20252024202320222021
Income statement
Gross margin1,5 M €1,4 M €1,6 M €413,4 k €249,8 k €
EBITDA1,1 M €1,1 M €1,3 M €87,6 k €-1,2 M €
Operating result632 k €636,2 k €805,6 k €-334,2 k €-2,3 M €
Net result586,5 k €562 k €707,5 k €-410,1 k €-2,3 M €
Balance sheet
Equity8,8 M €8,2 M €7,7 M €7 M €7,4 M €
Total assets12,4 M €12,6 M €13,8 M €14,5 M €15,2 M €
Cash1,3 M €328,5 k €416,6 k €272,3 k €358 k €
Debts3,4 M €4,3 M €6 M €7,4 M €7,1 M €
Other
Workforce1,8 ETP3,7 ETP3,4 ETP4,0 ETP4,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

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

Board of directors

Source · NBB, accounts to 31/12/2025

12 active · 36 ended

Active mandates

Dieter Handekyn

Director

Active
Guy Vanden Eynde

Director

Active
Hans Maddelein

Director

Active
Jan Capelle

Director

Active
Kim Deplancke

Director

Active
Kimberley Dugardein

Director

Active
Maria Polfliet

Director

Active
Michiel Vandewalle

Director

Active
Philip Himpe

Director

Active
Rik Soens

Director

Active
Sabine Balliere

Director

Active
Sven Goethals

Director

Active

Ended mandates

Bart Verschelde

Mandate

Ended
Bilale Kasmi

Mandate

Ended
Chantal Coussement

Mandate

Ended
Charka Dewaele

Mandate

Ended

Other companies at this address

Gemeenteplein 2 8790 Waregem
CompanyCBE no.
0670.453.310
Stad Waregem● Active
0207.433.708

Full financial information

Source · NBB
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 date03/07/202605/06/202501/07/202423/06/202315/06/202212/07/2021
General meeting02/06/202627/05/202525/06/202430/05/202331/05/202229/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 11 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202502/06/202603/07/2026DutchPDF
Abridged model31/12/202427/05/202505/06/2025DutchPDF
Abridged model31/12/202325/06/202401/07/2024DutchPDF
Abridged model31/12/202230/05/202323/06/2023DutchPDF
Abridged model31/12/202131/05/202215/06/2022DutchPDF
Abridged model31/12/202029/06/202112/07/2021DutchPDF
Abridged model31/12/201907/07/202024/07/2020DutchPDF
Abridged model31/12/201802/07/201918/07/2019DutchPDF
Abridged model31/12/201726/06/201817/07/2018DutchPDF
Abridged model31/12/201627/06/201724/08/2017DutchPDF
Abridged model31/12/201528/06/201603/08/2016DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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

12 active · 36 ended

Active mandates

Dieter Handekyn

Director

Active
Guy Vanden Eynde

Director

Active
Hans Maddelein

Director

Active
Jan Capelle

Director

Active
Kim Deplancke

Director

Active
Kimberley Dugardein

Director

Active
Maria Polfliet

Director

Active
Michiel Vandewalle

Director

Active
Philip Himpe

Director

Active
Rik Soens

Director

Active
Sabine Balliere

Director

Active
Sven Goethals

Director

Active

Ended mandates

Bart Verschelde

Mandate

Ended
Bilale Kasmi

Mandate

Ended
Chantal Coussement

Mandate

Ended
Charka Dewaele

Mandate

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares16/04/2015
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other22/06/2011
    DIVERSEN
    PDF
  • Restructuring11/03/2011
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF

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 2025586,5 k €↑
  2. 2024
    Annual accounts 2024562 k €↓
  3. 2023
    Annual accounts 2023707,5 k €↑
  4. 2022
    Annual accounts 2022-410,1 k €↑
  5. 2021
    Annual accounts 2021-2,3 M €↓
  6. 2020
    Annual accounts 2020-157,1 k €↓
  7. 2019
    Annual accounts 201927,4 k €↓
  8. 2018
    Annual accounts 201869 k €↓
  9. 2017
    Annual accounts 201790,5 k €↑
  10. 2016
    Annual accounts 2016-107,2 k €↓
  11. 2015
    Annual accounts 201527,6 k €
  12. 01/07/2008
    IncorporationAutonomous municipal company