Financials
Financial year 2025
WARNEZ from Tielt, company number BE0447230772, closed financial year 2025 with a result of € -2 million after tax. For that financial year WARNEZ recorded revenue of € 35.4 million and equity of € 8 million. Compared with financial year 2024, the result moved from € 529,055 to € -2 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 8 million
▼ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2 million
▼ still € 529,055 profit in 2024
Profit after tax over the fiscal year.
€ 71,282
▼ 55% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.8 million.
People and assets in 2025
41.9
▲ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.6 million
▲ 3% vs 2024
€ 62,500 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.
€ 65,608
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.9 million
▼ 13% vs 2024
€ 428,536 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 7.5 million
▲ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 83 days on average.
€ 553,181
▼ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 30,158,400 | € 42,498,645 | € 40,334,500 | € 35,379,316 | ▼ 12% |
| Profit after taxes | € -1,118,517 | € 1,990,070 | € 529,055 | € -1,968,337 | ▼ € 2.5 million |
| Equity | € 7,916,650 | € 9,847,302 | € 10,324,382 | € 8,015,715 | ▼ 22% |
| Total debts | € 13,378,384 | € 13,358,471 | € 11,102,222 | € 11,443,340 | ▲ 3% |
| Cash | € 702,155 | € 546,692 | € 157,505 | € 71,282 | ▼ 55% |
| Land & buildings | € 332,098 | € 296,543 | € 193,730 | € 227,237 | ▲ 17% |
| Retained profit | € 2,645,914 | € 4,635,984 | € 5,165,039 | € 2,796,701 | ▼ 46% |
| Dividend | € 0 | € 0 | € 0 | € 400,000 | |
| Bank debt | € 6,136,632 | € 4,592,046 | € 3,349,673 | € 2,899,678 | ▼ 13% |
| Balance sheet total | € 21,314,733 | € 23,217,593 | € 21,430,544 | € 19,459,055 | ▼ 9% |
| Employees (FTE) | 37.2 | 38.5 | 41.2 | 41.9 | ▲ 0.7 |
Key figures of WARNEZ, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to WARNEZ?
What happened at WARNEZ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- VIPACO CommV stepped down as director. NBB
- Charlotte WARNEZ stepped down as director. NBB
- WAVANTI BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 2 million (▼ € 2.5 million vs 2024). Source: NBB ↗
- VIPACO CommV became a director. NBB
- Charlotte WARNEZ became a director. NBB
- WAVANTI BV became a director. NBB
- New establishment in Tielt. KBO
In short
From € 1.1 million loss in 2022 to € 2 million loss in 2025.
Paid € 509,869 in corporate taxes since 2022.
Best year ever: 2023, with € 2 million profit.
Paid out € 400,000 in dividends to the owners in total.
Management
The stake of PantaRei Groep comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WARNEZThe shares are held by PantaRei Groep (100%). It owns 29.8% of SOCIETE DU TERROIR DE GEER itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Jan WARNEZ
Also active at: MAISON LARUELLE, POMFRESH, PantaRei Groep, AGRIPOM IMMO, TerraRoots Holding
since 2020 · until 2026
Managing director · represented by Philippe OPSOMER
Also active at: MAISON LARUELLE, PantaRei Groep, AGRIPOM IMMO, De Tien Geboden, TerraRoots Holding
since 2024 · until 2030
since 2024 · until 2030
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Mariënhovestraat 6
8700 Tielt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
warnezpotatoes.be
Registered
2015-01-13
Website info
Features
Security
Network
Details
- Company number
- 0447.230.772
- VAT number
- BE 0447.230.772
- Registered office
- Mariënhovestraat 6, 8700 Tielt
- Names & denominations
- WARNEZ
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 April 1992
- Peppol
- Active · Active since 17 Dec 2025
- Contact
- warnezpotatoes.be
- Activities · NACE
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