Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WARSCO UNITS from Genk, company number BE0430008819, closed financial year 2025 with a result of € 3.7 million after tax. For that financial year WARSCO UNITS recorded revenue of € 26.9 million and equity of € 26.1 million. Compared with financial year 2024, the result moved from € 4.4 million to € 3.7 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 26.1 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.7 million
▼ 16% vs 2024
Profit after tax over the fiscal year.
€ 897,897
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.2 million paid out
32 % of the profit went to the shareholders, mostly to WARSON HOLDING (100 % of the shares). That is where the money ends up.
People and assets in 2025
20.7
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 10% vs 2024
€ 64,900 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.
€ 2 million
▼ 2% vs 2024
Of which on lease € 1.4 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 11.1 million
▲ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 287 days on average.
€ 534,036
▼ 52% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 19,844,046 | € 24,441,403 | € 29,539,363 | € 26,892,485 | ▼ 9% |
| Profit after taxes | € 2,477,302 | € 1,481,596 | € 4,405,512 | € 3,705,242 | ▼ 16% |
| Equity | € 19,863,510 | € 20,544,882 | € 23,550,172 | € 26,052,320 | ▲ 11% |
| Total debts | € 6,485,612 | € 14,984,995 | € 14,650,154 | € 12,870,305 | ▼ 12% |
| Cash | € 912,652 | € 1,236,345 | € 2,392,547 | € 897,897 | ▼ 62% |
| Land & buildings | € 1,448,167 | € 1,430,055 | € 1,713,360 | € 1,938,208 | ▲ 13% |
| Retained profit | € 19,797,970 | € 20,479,566 | € 23,485,078 | € 25,990,320 | ▲ 11% |
| Dividend | € 1,200,000 | € 800,000 | € 1,400,000 | € 1,200,000 | ▼ 14% |
| Bank debt | € 0 | € 1,500,000 | € 1,500,000 | € 0 | ▼ 100% |
| Balance sheet total | € 26,562,572 | € 35,730,950 | € 38,406,465 | € 39,114,728 | ▲ 2% |
| Employees (FTE) | 22.2 | 22 | 20.6 | 20.7 | ▲ 0.1 |
Key figures of WARSCO UNITS, 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 WARSCO UNITS?
What happened at WARSCO UNITS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Lauren Warson stepped down as director. NBB
- Vincent Warson stepped down as director. NBB
- WARSON S. BOUWMANAGEMENT BV stepped down as director. NBB
- Claudia Buttgereit stepped down as director. NBB
- WARSON HOLDING BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3.7 million (▼ 16% vs 2024). Source: NBB ↗
- Lauren Warson became a director. NBB
- Vincent Warson became a director. NBB
In short
From € 2.5 million profit in 2022 to € 3.7 million profit in 2025.
Paid € 2.5 million in corporate taxes since 2022.
Best year ever: 2024, with € 4.4 million profit.
Paid out € 4.6 million in dividends to the owners in total.
Management
The stake of WARSON HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WARSCO UNITSThe shares are held by WARSON HOLDING (100%). It owns 96.3% of Constructie Bedrijf Zutendaal (CBZ) and 50% of Warsco Units Nederland itself.
Directors
According to the 2025 annual accounts
Vincent Warson
Director
Also active at: CONSTRUCTIE BEDRIJF ZUTENDAAL, BOUWBEDRIJF WARSON en CONSOORTEN
since 2023 · until 2029
Director · represented by Stefan Warson
since 2023 · until 2029
since 2025 · until 2031
Claudia Buttgereit
Director
Also active at: CONSTRUCTIE BEDRIJF ZUTENDAAL, BOUWBEDRIJF WARSON en CONSOORTEN, E.F.B. TRANS
since 2023 · until 2029
Managing director · represented by Marc Warson
Also active at: CONSTRUCTIE BEDRIJF ZUTENDAAL, BOUWBEDRIJF WARSON en CONSOORTEN
since 2023 · until 2029
Shareholders
100%
Participations
Warsco Units Nederland
50%
Establishments
Establishment units
Physical locations of this company
Slingerweg 20
3600 Genk
Quai des Tanneurs 11
4020 Liège
Active since 1 January 2014
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0430.008.819
- VAT number
- BE 0430.008.819
- Registered office
- Slingerweg 20, 3600 Genk
- Names & denominations
- WARSCO UNITS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 December 1986
- Peppol
- Active · Active since 8 May 2026
- Activities · NACE
Verhuur en lease van woon- en bureelcontainers en dergelijke accommodatie
Groothandel in machines voor de mijnbouw, de bouwnijverheid en de weg- en waterbouw
Groothandel in machines voor mijnbouw, de bouwnijverheid en de weg- en waterbouw
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwwerkzaamheden