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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 39 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 18.5 to 11.9.
Financials
Financial year 2025
WARAS from Brugge, company number BE0881901333, closed financial year 2025 with a result of € -35,605 after tax. For that financial year WARAS recorded a gross margin of € 630,070 and equity of € 119,792. Compared with financial year 2024, the result moved from € -128,120 to € -35,605. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ 119,792
▼ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -35,605
▲ 72 % less loss than in 2024
Profit after tax over the fiscal year.
€ 120,442
▲ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 101,192.
People and assets in 2025
11.9
▼ 2.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 499,152
▼ 18% vs 2024
€ 41,900 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.
€ 52,626
▼ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 97,075
▼ 15% vs 2024
€ 19,750 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 679,855
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 81,938
▼ 22% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 717,700 | € 938,957 | € 583,447 | € 630,070 | ▲ 8% |
| Profit after taxes | € -112,267 | € 48,528 | € -128,120 | € -35,605 | ▲ € 92,515 |
| Equity | € 288,937 | € 302,465 | € 155,397 | € 119,792 | ▼ 23% |
| Total debts | € 993,007 | € 962,764 | € 1,043,826 | € 985,877 | ▼ 6% |
| Cash | € 140,688 | € 163,621 | € 106,924 | € 120,442 | ▲ 13% |
| Land & buildings | € 122,095 | € 101,230 | € 73,979 | € 48,442 | ▼ 35% |
| Retained profit | € 270,337 | € 283,865 | € 136,797 | € 101,192 | ▼ 26% |
| Dividend | € 20,023 | € 35,000 | € 18,947 | € 0 | ▼ 100% |
| Bank debt | € 19,037 | € 0 | € 114,075 | € 97,075 | ▼ 15% |
| Balance sheet total | € 1,281,944 | € 1,265,229 | € 1,199,223 | € 1,105,669 | ▼ 8% |
| Employees (FTE) | 15.8 | 18.5 | 14.7 | 11.9 | ▼ 2.8 |
Key figures of WARAS, 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 WARAS?
What happened at WARAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 35,605. Source: NBB ↗
- Vicky Bollaert became a director. NBB
- Asimor BV became a director. NBB
- Lymcor CommV became a director. NBB
- MAXIOR CommV became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 112,267 loss in 2022 to € 35,605 loss in 2025.
Paid € 1,336 in corporate taxes since 2022.
Best year ever: 2023, with € 48,528 profit.
On average € 52,900 of value added per employee in 2025.
A new publication or filing at WARAS? We notify you, reason included.
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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
Behind WARAS are Vicky Bollaert, Asimor BV, Lymcor CommV and MAXIOR CommV. Vicky Bollaert is also behind ASIMOR. Asimor BV is also behind Delsis. Lymcor CommV is also behind ASIMOR and Delsis. MAXIOR CommV is also behind ASIMOR and Delsis.
Directors
According to the 2025 annual accounts
since 2023
since 2023
since 2023
Establishments
Establishment units
Physical locations of this company
Baron Ruzettelaan 298 box 0001
8310 Brugge
Baron Ruzettelaan 298
8310 Brugge
Active since 1 July 2006
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
- 0881.901.333
- VAT number
- BE 0881.901.333
- Registered office
- Baron Ruzettelaan 298 bus 0001, 8310 Brugge
- Names & denominations
- WARAS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 June 2006
- Peppol
- Active · Active since 15 May 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Supermarkten (verkoopsoppervlakte tussen 400 m2 en minder dan 2.500 m2)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)