Financials
Financial year 2025
JAGRO from Waregem, company number BE0704644721, closed financial year 2025 with a result of € 35,767 after tax. For that financial year JAGRO recorded a gross margin of € 249,442 and equity of € 145,936. Compared with financial year 2024, the result moved from € -164,880 to € 35,767. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 145,936
▲ 32% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 35,767
▲ still € 164,880 loss in 2024
Profit after tax over the fiscal year.
€ 76,713
▼ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 110,936.
People and assets in 2025
1.8
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 112,997
▲ 1% vs 2024
€ 62,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 34,616
▼ 28% vs 2024
Of which on lease € 19,265.
Debts at end 2025
€ 730,328
▼ 11% vs 2024
€ 43,087 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 307,589
▼ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 663
▼ 97% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 291,663 | € 252,065 | € 55,961 | € 249,442 | ▲ € 193,481 |
| Profit after taxes | € 117,416 | € 54,530 | € -164,880 | € 35,767 | ▲ € 200,647 |
| Equity | € 220,519 | € 275,049 | € 110,169 | € 145,936 | ▲ 32% |
| Total debts | € 1,062,895 | € 1,200,294 | € 1,304,951 | € 1,040,411 | ▼ 20% |
| Cash | € 220,075 | € 271,528 | € 77,260 | € 76,713 | ▼ 1% |
| Land & buildings | € 568,108 | € 543,932 | € 519,756 | € 495,580 | ▼ 5% |
| Retained profit | € 185,519 | € 240,049 | € 75,169 | € 110,936 | ▲ 48% |
| Bank debt | € 833,295 | € 877,710 | € 825,042 | € 730,328 | ▼ 11% |
| Balance sheet total | € 1,283,414 | € 1,475,343 | € 1,415,121 | € 1,186,348 | ▼ 16% |
| Employees (FTE) | 1.6 | 1.3 | 2.4 | 1.8 | ▼ 0.6 |
Key figures of JAGRO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to JAGRO?
What happened at JAGRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 35,767. Source: NBB ↗
- PUR-O-FLOORING BV became a director. NBB
- New establishment in Waregem. KBO
- TM BURO VOF became a director. NBB
- PARKETVLOEREN G. MULLIEZ BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 117,416 profit in 2022 to € 35,767 profit in 2025.
Paid € 26,629 in corporate taxes since 2022.
Best year ever: 2022, with € 117,416 profit.
On average € 138,600 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind JAGRO are TM BURO VOF, PARKETVLOEREN G. MULLIEZ BV and PUR-O-FLOORING BV.
Directors
According to the 2025 annual accounts
Director · represented by Mulliez Thibaut
since 2018
Director · represented by MULLIEZ GUILLAUME
since 2018
Director · represented by Van Canneyt Olivier
since 2024
Establishments
Establishment units
Physical locations of this company
Eikenlaan 86 box A
8790 Waregem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0704.644.721
- VAT number
- BE 0704.644.721
- Registered office
- Eikenlaan 86 bus A, 8790 Waregem
- Names & denominations
- JAGRO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 September 2018
- Peppol
- Active · Active since 31 Oct 2023
- Contact
- jagro.be
- Activities · NACE
Schrijnwerk
Plaatsen van vloer- en wandtegels
Detailhandel in wand- en vloertegels