ACTIVE

WAREN

Financial year 2025 · closed on 31/12/2025
Net result
25 k €
+9.1% YoY
Gross margin
37,8 k €
+15.8% YoY
Equity
156,5 k €
+7.8% YoY

What does WAREN do?

WAREN is a Private limited company incorporated in 2009. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0810.196.260
Incorporation
04/03/2009
Legal form
Private limited company
Registered office
Mahoniestraat 25
9030 Gent · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120132012201120102009
Income statement
Gross margin37,8 k €32,7 k €33,9 k €28,7 k €24,7 k €-4,3 k €14,3 k €6,6 k €-8,2 k €-6,4 k €
EBITDA37,3 k €32,1 k €33,4 k €28,3 k €24,1 k €-4,9 k €13,7 k €5,9 k €-8,9 k €-7,1 k €
Operating result36,7 k €31,5 k €32,8 k €27,3 k €23,1 k €-5,7 k €11,6 k €2,2 k €-13,3 k €-9,2 k €
Net result25 k €22,9 k €22,3 k €19,8 k €16,7 k €-5,7 k €11,5 k €490,5 €-13,4 k €-9 k €
Balance sheet
Equity156,5 k €145,2 k €122,4 k €100 k €80,3 k €-9,9 k €-4,2 k €-15,7 k €-16,2 k €-2,8 k €
Total assets165,3 k €155,4 k €129,3 k €107,3 k €86,6 k €25,5 k €38,7 k €24,1 k €19,8 k €23,5 k €
Cash158,1 k €144,2 k €120,2 k €100,6 k €79,1 k €20,3 k €23,8 k €7,5 k €2,8 k €332,7 €
Debts8,8 k €10,1 k €6,7 k €7 k €6,1 k €35,4 k €42,9 k €39,8 k €36 k €26,4 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

David Leune

Director · since 02 mars 2009

Active

Ended mandates

DAVID LEUNE

Mandate · since 02 mars 2009

Ended
David LEUNE

Director · since 03 février 2009

Ended
David LEUNE

Manager · since 03 février 2009

Ended
DAVID LEUNE

Mandate

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date25/08/202625/08/202527/08/202430/08/202317/08/202220/07/2021
General meeting12/06/202613/06/202514/06/202409/06/202310/06/202211/06/2021
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

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202512/06/202625/08/2026DutchPDF
Micro model31/12/202413/06/202525/08/2025DutchPDF
Micro model31/12/202314/06/202427/08/2024DutchPDF
Micro model31/12/202209/06/202330/08/2023DutchPDF
Micro model31/12/202110/06/202217/08/2022DutchPDF
Micro model31/12/202011/06/202120/07/2021DutchPDF
Micro model31/12/201912/06/202021/08/2020DutchPDF
Micro model31/12/201814/06/201929/08/2019DutchPDF
Micro model31/12/201708/06/201831/08/2018DutchPDF
Micro model31/12/201609/06/201730/08/2017DutchPDF
Abridged model31/12/201510/06/201631/08/2016DutchPDF
Abridged model31/12/201412/06/201531/08/2015DutchPDF
Abridged model31/12/201313/06/201430/08/2014DutchPDF
Abridged model31/12/201214/06/201331/08/2013DutchPDF
Abridged model31/12/201108/06/201231/08/2012DutchPDF
Abridged model31/12/201010/06/201131/08/2011DutchPDF
Abridged model31/12/200911/06/201020/10/2010DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 4 ended

Active mandates

David Leune

Director · since 02 mars 2009

Active

Ended mandates

DAVID LEUNE

Mandate · since 02 mars 2009

Ended
David LEUNE

Director · since 03 février 2009

Ended
David LEUNE

Manager · since 03 février 2009

Ended
DAVID LEUNE

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office06/09/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates04/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office21/05/2012
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other10/06/2009
    DOEL
    PDF
  • Other06/03/2009
    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 202525 k €
  2. 2024
    Annual accounts 202422,9 k €
  3. 2023
    Annual accounts 202322,3 k €
  4. 2022
    Annual accounts 202219,8 k €
  5. 2021
    Annual accounts 202116,7 k €
  6. 2013
    Annual accounts 2013-5,7 k €
  7. 2012
    Annual accounts 201211,5 k €
  8. 2011
    Annual accounts 2011490,5 €
  9. 2010
    Annual accounts 2010-13,4 k €
  10. 2009
    Annual accounts 2009-9 k €
  11. 04/03/2009
    IncorporationPrivate limited company