Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 52 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
WARSADIS from Dalhem, company number BE0808011285, closed financial year 2025 with a result of € -454,133 after tax. For that financial year WARSADIS recorded a gross margin of € 993,982 and equity of € -239,422. Compared with financial year 2024, the result moved from € 15,836 to € -454,133. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ -239,422
▼ € 454,133 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -454,133
▼ still € 15,836 profit in 2024
Profit after tax over the fiscal year.
€ 369,450
▲ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -339,422.
People and assets in 2025
27.1
▲ 6.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 979,811
▲ 24% vs 2024
€ 36,200 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.
€ 258,108
▲ € 234,980 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.8 million
▲ € 3.3 million vs 2024
€ 322,286 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 796,888
▲ 65% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 109,512
▲ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 537,953 | € 898,643 | € 1,011,909 | € 993,982 | ▼ 2% |
| Profit after taxes | € -106,861 | € 76,994 | € 15,836 | € -454,133 | ▼ € 469,969 |
| Equity | € 171,906 | € 198,875 | € 214,711 | € -239,422 | ▼ € 454,133 |
| Total debts | € 1,354,019 | € 1,080,528 | € 1,133,436 | € 4,910,326 | ▲ € 3.8 million |
| Cash | € 546,598 | € 224,032 | € 273,425 | € 369,450 | ▲ 35% |
| Land & buildings | € 368,195 | € 323,976 | € 289,696 | € 241,915 | ▼ 16% |
| Retained profit | € 71,906 | € 98,875 | € 114,711 | € -339,422 | ▼ € 454,133 |
| Dividend | € 150,075 | € 50,025 | € 0 | € 0 | |
| Bank debt | € 698,617 | € 605,272 | € 519,724 | € 3,829,096 | ▲ € 3.3 million |
| Balance sheet total | € 1,525,925 | € 1,279,403 | € 1,348,147 | € 4,670,904 | ▲ 246% |
| Employees (FTE) | 16.7 | 17.6 | 20.4 | 27.1 | ▲ 6.7 |
Key figures of WARSADIS, 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 WARSADIS?
What happened at WARSADIS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 454,133 (▼ € 469,969 vs 2024). Source: NBB ↗
- 4LNC SA became a director. NBB
- New establishment in Dalhem. KBO
- Start of the company according to the CBE. KBO
In short
From € 106,861 loss in 2022 to € 454,133 loss in 2025.
Paid € 9,930 in corporate taxes since 2022.
Best year ever: 2023, with € 76,994 profit.
On average € 36,700 of value added per employee in 2025.
Management
The stake of 4LNC comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WARSADISBehind WARSADIS is 4LNC SA. The shares are held by 4LNC (100%).
Establishments
Establishment units
Physical locations of this company
Rue Joseph Muller(WAR) 27
4608 Dalhem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0808.011.285
- VAT number
- BE 0808.011.285
- Registered office
- Rue Joseph Muller(WAR) 27, 4608 Dalhem
- Names & denominations
- WARSADIS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 November 2008
- Peppol
- Active · Active since 12 Dec 2025
- Activities · NACE
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