Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 45 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
24 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Warwash from Izegem, company number BE0472361690, closed financial year 2025 with a result of € 379,860 after tax. For that financial year Warwash recorded a gross margin of € 1.6 million and equity of € 641,662. Compared with financial year 2024, the result moved from € 247,243 to € 379,860. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 641,662
▼ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 379,860
▲ 54% vs 2024
Profit after tax over the fiscal year.
€ 43,237
▼ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 500,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
17.1
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 718,729
▲ 3% vs 2024
€ 42,000 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.
€ 3,001
▲ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 18,000
▼ 51% vs 2024
€ 6,000 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 688,605
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 106,108
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,045,475 | € 2,098,366 | € 1,545,036 | € 1,607,794 | ▲ 4% |
| Profit after taxes | € 746,217 | € 717,185 | € 247,243 | € 379,860 | ▲ 54% |
| Equity | € 1,147,373 | € 1,014,558 | € 761,802 | € 641,662 | ▼ 16% |
| Total debts | € 2,549,472 | € 2,240,801 | € 1,392,125 | € 1,312,713 | ▼ 6% |
| Cash | € 99,471 | € 160,040 | € 78,272 | € 43,237 | ▼ 45% |
| Retained profit | € 1,072,973 | € 940,158 | € 687,402 | € 567,262 | ▼ 17% |
| Dividend | € 300,000 | € 850,000 | € 500,000 | € 500,000 | |
| Bank debt | € 1,537,500 | € 555,000 | € 36,500 | € 18,000 | ▼ 51% |
| Balance sheet total | € 3,696,846 | € 3,255,359 | € 2,153,927 | € 1,954,375 | ▼ 9% |
| Employees (FTE) | 17.3 | 17.2 | 16.9 | 17.1 | ▲ 0.2 |
Key figures of Warwash, 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 Warwash?
What happened at Warwash in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 379,860 (▲ 54% vs 2024). Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 746,217 profit in 2022 to € 379,860 profit in 2025.
Paid € 497,605 in corporate taxes since 2022.
Best year ever: 2022, with € 746,217 profit.
On average € 94,000 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
The stake of AARTCO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WarwashBehind Warwash are AARTCO BV and YVENCO BV. The shares are held by AARTCO (50%).
Directors
According to the 2025 annual accounts
Managing director · represented by Pascal VANHONSEBROUCK
Also active at: VARIA, SHOPPING - HERMANS, ERTPAS, WALVAN, SHOPPING DIEPENBEEK, HERMANS DIEPENBEEK, AVANTI, PASCALINO +3 more
Managing director · represented by Yves DEBRUYCKER
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Gentsestraat 61
8870 Izegem
Zuiderlaan 72
8790 Waregem
Active since 23 November 2000
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 24 companies are registered at this address.
All companies at this address →MEIRSCHAERT IMMO
€ 72,574 gross margin · 2025
Unic Aalter
€ 748,818 gross margin · 2025
UNIC-MONA
€ 4.3 million gross margin · 2025
VARIA same network
€ 737,012 gross margin · 2025
EVERCO
€ 1.2 million gross margin · 2025
+19 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0472.361.690
- VAT number
- BE 0472.361.690
- Registered office
- Gentsestraat 61, 8870 Izegem
- Names & denominations
- Warwash
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 July 2000
- Peppol
- Active · Active since 18 Mar 2026
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)