RENE WARSON
ActiveRENE WARSON has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €561k and a net result of €95k. Equity is growing by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 57% of 2090 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
91
/ 100
Excellent▲ +5 vs 2022
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability85▲+78
Solvency89▼-11
Growth58▲+6
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 2.15 against 3.52 in 2022), but 55.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-06-2025, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
51 d early
2023
33 d early
2022
38 d early
2021
24 d late
2020
31 d early
2019
51 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€561k▼ 41.1%
2022 · €952k
2018: €743k
2019: €738k
2020: €908k
2021: €939k
2022: €952k
2018 → 2024
Total assets
€1.27M▲ 12.0%
2022 · €1.13M
2018: €1.05M
2019: €964k
2020: €1.10M
2021: €1.07M
2022: €1.13M
2018 → 2024
Net result
€95k▲ 615%
2022 · €13k
2018: €20k
2019: €-2k
2020: €170k
2021: €31k
2022: €13k
2018 → 2024
Working capital
€335k▼ 20.0%
2022 · €419k
2018: €165k
2019: €180k
2020: €328k
2021: €388k
2022: €419k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222024Trend
Equity€738k-€908k▲ 23.0%€939k▲ 3.4%€952k▲ 1.4%€561k▼ 41.1%
Operating result€18k-€257k▲ 1,357%€54k▼ 78.8%€33k▼ 40.0%€153k▲ 370%
Net result€-2k-€170k€31k▼ 81.6%€13k▼ 57.4%€95k▲ 615%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 370% above 2022.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Assets €1.27M
Fixed assets
€639k▲ 17.1%
Current assets
€627k▲ 7.3%
Equity and liabilities €1.27M
Equity
€561k▼ 41.1%
Provisions
€3k
Debt
€702k▲ 294%
The debt ratio rises from 15.7% to 55.4%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€202k▲
2022 · €99k
Cash flow
€144k▲
2022 · €80k
Solvency
44.3%▼
2022 · 84.3%
Current ratio
2.15▼
2022 · 3.52
Quick ratio
1.65▼
2022 · 2.54
Debt / equity
1.25▲
2022 · 0.19
ROE
17.0%▲
2022 · 1.4%
ROA
7.5%▲
2022 · 1.2%
Interest coverage
9.78▼
2022 · 13.35
Debt
€702k▲
2022 · €178k
Debt ≤ 1 year
€292k▲
2022 · €166k
Debt > 1 year
€409k▲
2022 · €12k
Income taxes
€36k▲
2022 · €12k
Staff costs
€294k▼
2022 · €339k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2022
Balance sheet
Code20222024
Assets
Total assets20/58€1.13M€1.27M▲
Fixed assets21/28€546k€639k▲
Tangible fixed assets22/27€546k€139k▼
Land and buildings22€470k-
Plant, machinery and equipment23€10k€13k▲
Furniture and vehicles24€40k€120k▲
Leasing and similar rights25€25k€6k▼
Financial fixed assets28-€500k
Current assets29/58€585k€627k▲
Stocks and contracts in progress3€162k€144k▼
Stocks30/36€45k€45k▼
Contracts in progress37€117k€99k▼
Amounts receivable within one year40/41€139k€322k▲
Trade receivables40€111k€229k▲
Other amounts receivable41€27k€93k▲
Cash at bank and in hand54/58€269k€131k▼
Deferred charges and accrued income490/1€14k€30k▲
Equity and liabilities
Total equity and liabilities10/49€1.13M€1.27M▲
Equity10/15€952k€561k▼
Contributions10/11€211k€179k▼
Capital10€210k€179k▼
Issued capital100€210k€179k▼
Outside capital11€757€644▼
Share premium1100/10€757€644▼
Revaluation surpluses12€383k-
Reserves13€358k€382k▲
Non-distributable reserves130/1€21k€18k▼
Legal reserve130€21k€18k▼
Tax-exempt reserves132€4k€12k▲
Distributable reserves133€333k€352k▲
Profit (loss) carried forward14€501€0▼
Provisions and deferred taxes16-€3k
Deferred taxes168-€3k
Amounts payable17/49€178k€702k▲
Amounts payable after more than one year17€12k€409k▲
Financial debts170/4€12k€409k▲
Amounts payable within one year42/48€166k€292k▲
Current portion of amounts payable after more than one year42€12k€69k▲
Trade debts44€119k€125k▲
Suppliers440/4€119k€125k▲
Advances received on contracts in progress46€1k€11k▲
Taxes, remuneration and social security45€34k€35k▲
Taxes450/3€4k€2k▼
Remuneration and social security454/9€30k€32k▲
Other amounts payable47/48€0€53k▲
Accrued charges and deferred income492/3€112-
Income statement
Code20222024
Non-recurring operating income76A-€15k
Remuneration, social security and pensions62€339k€294k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67k€48k▼
Other operating charges640/8€11k€4k▼
Gross operating margin9900€450k€500k▲
Operating profit (loss)9901€33k€153k▲
Financial income75/76B€572€2k▲
Recurring financial income75€572€2k▲
Financial charges65/66B€7k€21k▲
Recurring financial charges65€7k€21k▲
Profit (loss) for the period before taxes9903€26k€134k▲
Transfer from deferred taxes780-€700
Transfer to deferred taxes680-€4k
Income taxes67/77€12k€36k▲
Profit (loss) for the period9904€13k€95k▲
Transfer from tax-exempt reserves789-€2k
Transfer to tax-exempt reserves689-€11k
Profit (loss) for the period to be appropriated9905€13k€86k▲
Appropriation of the result
Profit (loss) to be appropriated9906€14k€86k▲
Profit (loss) brought forward from the previous period14P€501€0▼
Transfer from equity791/2-€14k
Transfer to equity691/2€13k€86k▲
To other reserves6921€13k€86k▲
Profit to be distributed694/7-€14k
Return on contributions (dividend)694-€14k
Social balance
Average headcount (FTE)90876.85.5▼
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €170k
Net result €170k after one loss-making year.
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-2k ▼109%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
08-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 8 days late
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
09-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Dilsen-Stokkem · 1 establishment unit since 1994
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Meerkensstraat 713650 Dilsen-StokkemGround area
4,438 m²
Building footprint
1,251 m²
Volume, LiDAR
8,514 m³
Parcel 73043B0285/00Y003, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RENE WARSON
since 19942.065.556.602
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73043B0285/00Y003 | Flanders | 4,438 m² | 1 · 1,250 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 179 EUR awarded · 179 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 179 EUR | 179 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
25 categoriesRENE WARSON NV25931
Similar companies · same sector, comparable size
R & R BUILDING
BE 0890.492.167
Dilsen-Stokkem · Eq €561k
MOPRO
BE 0840.615.658
Herk-de-Stad · Eq €561k
A&M PROJECTS
BE 0804.168.701
Sint-Truiden · Eq €561k
Bouwwerken Huysmans
BE 0406.017.749
Mol · Eq €561k
ETABLISSEMENTS LOUIS FICHELLE ET FILS
BE 0440.168.875
Rumes · Eq €562k
Of 29,551 companies in sector 41001 we hold annual accounts for 15,877. 8,693 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-01-1994
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.