Financials
Financial year 2025
WAREC from Waregem, company number BE0741696246, closed financial year 2025 with a result of € -50,054 after tax. For that financial year WAREC recorded revenue of € 467,644 and equity of € 18.3 million. Compared with financial year 2024, the result moved from € 79,940 to € -50,054. 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 June 26, 2026.
€ 18.3 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -50,054
▼ still € 79,940 profit in 2024
Profit after tax over the fiscal year.
€ 5,355
▼ 77% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 392,481.
People and assets in 2025
4
Average over the fiscal year, from the social balance sheet.
€ 330,425
▲ 5% vs 2024
€ 82,600 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.
Debts at end 2025
€ 20,000
Loans from banks and other lenders, long and short.
€ 17,789
▼ 93% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 34 days on average.
€ 30,976
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 664,823 | € 645,491 | € 467,644 | ▼ 28% |
| Gross margin | € 412,998 | - | - | - | |
| Profit after taxes | € 102,891 | € 93,721 | € 79,940 | € -50,054 | ▼ € 129,994 |
| Equity | € 18,199,762 | € 18,293,483 | € 18,373,423 | € 18,323,369 | |
| Total debts | € 545,842 | € 563,520 | € 788,948 | € 966,083 | ▲ 22% |
| Cash | € 32,751 | € 7,765 | € 23,363 | € 5,355 | ▼ 77% |
| Retained profit | € 268,874 | € 362,595 | € 442,535 | € 392,481 | ▼ 11% |
| Bank debt | € 0 | € 0 | € 0 | € 20,000 | |
| Balance sheet total | € 18,745,604 | € 18,857,004 | € 19,162,371 | € 19,289,452 | ▲ 1% |
| Employees (FTE) | 4.9 | 3.8 | 4 | 4 |
By revenue, WAREC ranks 21st of 21 companies with main activity “Bouw van autowegen en andere wegen” in West Flanders that publish figures (fiscal year 2025).
Key figures of WAREC, 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.
Ask about WAREC the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to WAREC?
What happened at WAREC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 50,054 (▼ € 129,994 vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Waregem. KBO
- Patrick Vanden Buverie became a director. NBB
- Dirk Vanden Buverie became a director. NBB
In short
From € 102,891 profit in 2022 to € 50,054 loss in 2025.
Paid € 94,545 in corporate taxes since 2022.
Best year ever: 2022, with € 102,891 profit.
On average € 84,300 of value added per employee in 2022.
Management
Behind WAREC are Patrick Vanden Buverie and Dirk Vanden Buverie. It owns 100% of Padimat and 100% of Vanden Buverie itself.
Directors
According to the 2025 annual accounts
since 2020
since 2020
Establishments
Establishment units
Physical locations of this company
Spildoornstraat 16
8792 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
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Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- VANDEN BUVERIE Dirk Cyriel(oprichter) 50%
- VANDEN BUVERIE Patrick Valère(oprichter) 50%
Details
- Company number
- 0741.696.246
- VAT number
- BE 0741.696.246
- Registered office
- Spildoornstraat 16, 8792 Waregem
- Names & denominations
- WAREC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 January 2020
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- vandenbuverie.be
- Activities · NACE
Bouw van autowegen en andere wegen
Winning van kalksteen, gips, leisteen en andere steen
Sanering en ander afvalbeheer
Andere afvalverwijdering
Winning van grind
Overige verwerking en verwijdering van ongevaarlijk afval