ACTIVE

WARAS

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Financial year 2024 · closed on 31/12/2024

Net result

-128,1 k €

-364.0% YoY

Gross margin

583,4 k €

-37.9% YoY

Equity

155,4 k €

-48.6% YoY

Workforce

14,7 ETP

-20.5% YoY

What does WARAS do?

WARAS is a Private limited company incorporated in 2006. Its main activity is: Retail sale in non-specialised stores with food, beverages or tobacco predominating. Its registered office is in Brugge. It employs on average 14,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0881.901.333

Incorporation

16/06/2006

Legal form

Private limited company

Registered office

Baron Ruzettelaan 298 box 0001
8310 Brugge · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2024

Average workforce

14,7 ETP

Activities (NACE)

47110Retail sale in non-specialised stores with food, beverages or tobacco predominating· main 47114Retail sale in non-specialised stores with food, beverages or tobacco predominating 52114Warehousing and storage

Joint committees (2)

Signals

Healthy social debts

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	583,4 k €	-37.9%	939 k €	+30.8%	717,7 k €	-16.0%	854,8 k €	+9.0%	784 k €	+3.8%	755,2 k €	+3.0%	733,1 k €	+5.0%	698,3 k €	+6.4%	656,3 k €	-9.2%	722,9 k €	-27.3%	994,1 k €	-2.8%	1 M €	+16.8%	875,7 k €	+14.4%	765,6 k €	+6.2%	721,2 k €	-8.7%	790 k €	+26.7%	623,6 k €	-32.2%	919,9 k €
EBITDA	-25,1 k €	-113%	191,6 k €	+401%	38,3 k €	-83.9%	236,9 k €	+29.0%	183,6 k €	-4.8%	192,8 k €	+0.7%	191,4 k €	-12.7%	219,2 k €	+26.0%	174 k €	-32.0%	256 k €	-31.9%	376,2 k €	+4.5%	360,1 k €	+45.5%	247,5 k €	+39.0%	178,1 k €	+27.4%	139,7 k €	-36.5%	220,1 k €	+21.8%	180,7 k €	-6.6%	193,4 k €
Operating result	-125,7 k €	-260%	78,3 k €	+192%	-85,4 k €	-173%	117,6 k €	+50.0%	78,4 k €	-11.8%	88,9 k €	-10.9%	99,8 k €	-17.1%	120,3 k €	+75.1%	68,7 k €	-34.5%	105 k €	-57.2%	245,2 k €	+0.7%	243,4 k €	+92.2%	126,6 k €	+130%	55,1 k €	+697%	6,9 k €	-92.4%	91,4 k €	+27.9%	71,5 k €	+116%	33,1 k €
Net result	-128,1 k €	-364%	48,5 k €	+143%	-112,3 k €	-273%	65 k €	+66.9%	39 k €	-17.5%	47,2 k €	-7.9%	51,3 k €	-18.8%	63,1 k €	+130%	27,5 k €	-1.6%	27,9 k €	-78.8%	132 k €	-3.9%	137,4 k €	+114%	64,3 k €	+327%	15,1 k €	+152%	-29 k €	-182%	35,3 k €	+68.6%	20,9 k €	+2080%	959,6 €
Balance sheet
Equity	155,4 k €	-48.6%	302,5 k €	+4.7%	288,9 k €	-31.4%	421,2 k €	-27.6%	581,6 k €	-5.1%	612,6 k €	+8.4%	565,4 k €	+10.0%	514,1 k €	+14.0%	451 k €	+6.5%	423,5 k €	+7.1%	395,5 k €	+50.1%	263,5 k €	+109%	126,1 k €	+104%	61,8 k €	+32.2%	46,7 k €	-38.3%	75,7 k €	+87.1%	40,5 k €	+107%	19,6 k €
Total assets	1,2 M €	-5.2%	1,3 M €	-1.3%	1,3 M €	-6.8%	1,4 M €	-0.1%	1,4 M €	+11.8%	1,2 M €	-3.0%	1,3 M €	+4.6%	1,2 M €	-4.4%	1,3 M €	+0.4%	1,3 M €	-6.1%	1,3 M €	+6.1%	1,3 M €	-0.1%	1,3 M €	-11.2%	1,4 M €	-6.4%	1,5 M €	+1.8%	1,5 M €	-4.6%	1,6 M €	+0.2%	1,6 M €
Cash	106,9 k €	-34.7%	163,6 k €	+16.3%	140,7 k €	-56.9%	326,1 k €	+105%	159 k €	-48.9%	311,5 k €	-30.1%	445,9 k €	+33.9%	333 k €	+41.1%	235,9 k €	+33.9%	176,2 k €	-21.9%	225,6 k €	+21.1%	186,3 k €	-0.3%	186,8 k €	-16.9%	224,7 k €	+7.3%	209,5 k €	+10.3%	189,9 k €	-9.7%	210,3 k €	+0.5%	209,3 k €
Debts	899,1 k €	+16.2%	773,8 k €	-3.4%	801 k €	+8.5%	738,4 k €	-7.2%	795,4 k €	+28.6%	618,7 k €	-12.2%	704,4 k €	+7.9%	653,1 k €	-20.3%	819 k €	-2.7%	841,8 k €	-8.4%	919,4 k €	-5.6%	973,8 k €	-12.9%	1,1 M €	-16.5%	1,3 M €	-5.5%	1,4 M €	+1.4%	1,4 M €	-7.2%	1,5 M €	-0.4%	1,5 M €
Other
Workforce	14,7 ETP	-20.5%	18,5 ETP	+17.1%	15,8 ETP	-7.1%	17,0 ETP	0.0%	17,0 ETP	+6.9%	15,9 ETP	-2.5%	16,3 ETP	+2.5%	15,9 ETP	+5.3%	15,1 ETP	-4.4%	15,8 ETP	-18.6%	19,4 ETP	-1.0%	19,6 ETP	-1.0%	19,8 ETP	-3.4%	20,5 ETP	+2.0%	20,1 ETP	+0.5%	20,0 ETP	+14.9%	17,4 ETP	-0.6%	17,5 ETP

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 31/12/2024 · 4 active · 5 ended

Active mandates

ASIMOR

Director · since 21 décembre 2023 · 0685.612.430

Represented by Koen ORNELIS

Active

Lymcor

Director · since 21 décembre 2023 · 1002.959.313

Represented by Milan ORNELIS

Active

MAXIOR

Director · since 21 décembre 2023 · 1002.692.265

Represented by Maxim ORNELIS

Active

Vicky Bollaert

Director · since 21 décembre 2023

Active

Ended mandates

Koen Ornelis

Manager · since 09 juin 2006

Ended

Koen Ornelis

Director

Ended

Koen Ornelis

Manager

Ended

Vicky Bollaert

Director

Ended

At this address

Other companies at this address

Company	CBE no.
ORWAVO● Active	0840.563.002

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/07/2025	30/08/2024	30/06/2023	28/07/2022	30/06/2021	17/09/2020
General meeting	30/06/2025	31/07/2024	13/05/2023	25/06/2022	29/05/2021	22/08/2020
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	30/06/2025	17/07/2025	Dutch	PDF
Abridged model	31/12/2023	31/07/2024	30/08/2024	Dutch	PDF
Abridged model	31/12/2022	13/05/2023	30/06/2023	Dutch	PDF
Abridged model	31/12/2021	25/06/2022	28/07/2022	Dutch	PDF
Abridged model	31/12/2020	29/05/2021	30/06/2021	Dutch	PDF
Abridged model	31/12/2019	22/08/2020	17/09/2020	Dutch	PDF
Abridged model	31/12/2018	11/06/2019	28/08/2019	Dutch	PDF
Abridged model	31/12/2017	12/06/2018	29/06/2018	Dutch	PDF
Abridged model	31/12/2016	13/05/2017	29/06/2017	Dutch	PDF
Abridged model	31/12/2015	14/05/2016	13/06/2016	Dutch	PDF
Abridged model	31/12/2014	09/05/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	10/05/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	11/05/2013	24/07/2013	Dutch	PDF
Abridged model	31/12/2011	12/05/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	14/05/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	08/05/2010	27/08/2010	Dutch	PDF
Abridged model	31/12/2008	09/05/2009	20/08/2009	Dutch	PDF
Abridged model	31/12/2007	10/05/2008	11/06/2008	Dutch	PDF

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 31/12/2024 · 4 active · 5 ended

Active mandates

ASIMOR

Director · since 21 décembre 2023 · 0685.612.430

Represented by Koen ORNELIS

Active

Lymcor

Director · since 21 décembre 2023 · 1002.959.313

Represented by Milan ORNELIS

Active

MAXIOR

Director · since 21 décembre 2023 · 1002.692.265

Represented by Maxim ORNELIS

Active

Vicky Bollaert

Director · since 21 décembre 2023

Active

Ended mandates

Koen Ornelis

Manager · since 09 juin 2006

Ended

Koen Ornelis

Director

Ended

Koen Ornelis

Manager

Ended

Vicky Bollaert

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office30/08/2010
MAATSCHAPPELIJKE ZETEL
PDF
Other27/06/2006
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

2024
Annual accounts 2024-128,1 k €↓
2023
Annual accounts 202348,5 k €↑
2022
Annual accounts 2022-112,3 k €↓
2021
Annual accounts 202165 k €↑
2020
Annual accounts 202039 k €↓
2019
Annual accounts 201947,2 k €↓
2018
Annual accounts 201851,3 k €↓
2017
Annual accounts 201763,1 k €↑
2016
Annual accounts 201627,5 k €↓
2015
Annual accounts 201527,9 k €↓
2014
Annual accounts 2014132 k €↓
2013
Annual accounts 2013137,4 k €↑
2012
Annual accounts 201264,3 k €↑
2011
Annual accounts 201115,1 k €↑
2010
Annual accounts 2010-29 k €↓
2009
Annual accounts 200935,3 k €↑
2008
Annual accounts 200820,9 k €↑
2007
Annual accounts 2007959,6 €
16/06/2006
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

WARAS

Overview

What does WARAS do?

Trend over 18 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