IMMO TER WARENT
ActiveIMMO TER WARENT has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.27M and a net result of €83k. Equity is growing by ~12.6% per year across the filed fiscal years. Its solvency ranks better than 44% of 9715 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability46▼-25
Solvency50=
Growth65=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €260k at 30 days acceptable
Liquidity ample (current ratio 2.64 against 4.71 in 2023; short-term debt: 15% and cash: 0% of total assets), but 75% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
25%
Return on assets
0.5%
Age of the figures
21 mo
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 03-06-2025, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
58 d early
2023
21 d early
2022
55 d early
2021
61 d early
2020
64 d early
2019
35 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€1.87M▼ 6.5%
2022 · €2.00M
2018: €1.67M
2019: €1.69M
2020: €1.91M
2021: €2.03M
2022: €2.00M
2018 → 2023
EBIT margin
32.5%▲ 8.6pp
2022 · 23.8%
2018: 65.8%
2019: 29.2%
2020: 131.4%
2021: 120.7%
2022: 23.8%
2018 → 2023
Net result
€83k▼ 14.9%
2023 · €98k
2018: €-2.69M
2019: €-280k
2020: €1.39M
2021: €1.51M
2022: €-126k
2023: €98k
2018 → 2024
Working capital
€4.19M▼ 4.6%
2023 · €4.39M
2018: €-1.06M
2019: €-1.37M
2020: €1.79M
2021: €4.75M
2022: €4.37M
2023: €4.39M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€1.91M-€2.03M▲ 6.5%€2.00M▼ 1.6%€1.87M▼ 6.5%
Equity€2.71M-€4.21M▲ 55.6%€4.09M▼ 3.0%€4.19M▲ 2.4%€4.27M▲ 2.0%
Operating result€2.51M-€2.45M▼ 2.2%€476k▼ 80.6%€607k▲ 27.4%€265k▼ 56.2%
Net result€1.39M-€1.51M▲ 8.7%€-126k€98k€83k▼ 14.9%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 56% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €17.07M
Fixed assets
€10.33M▼ 7.9%
Current assets
€6.74M▲ 20.9%
Equity and liabilities €17.07M
Equity
€4.27M▲ 2.0%
Provisions
€575k▼ 5.8%
Debt
€12.22M▲ 2.0%
The debt ratio rises from 71.4% to 71.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.23M▼
2023 · €1.56M
Cash flow
€1.05M▼
2023 · €1.05M
Solvency
25.0%▲
2023 · 24.9%
Current ratio
2.64▼
2023 · 4.71
Quick ratio
2.64▼
2023 · 4.71
Debt / equity
2.86=
2023 · 2.86
ROE
2.0%▼
2023 · 2.3%
ROA
0.5%▼
2023 · 0.6%
Interest coverage
3.15▼
2023 · 4.44
Debt
€12.22M▲
2023 · €11.99M
Debt ≤ 1 year
€2.55M▲
2023 · €1.18M
Debt > 1 year
€9.59M▼
2023 · €10.74M
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 2023
Balance sheet
Code20232024
Assets
Total assets20/58€16.78M€17.07M▲
Fixed assets21/28€11.21M€10.33M▼
Tangible fixed assets22/27€11.21M€10.33M▼
Land and buildings22€11.07M€10.21M▼
Plant, machinery and equipment23€131k€117k▼
Furniture and vehicles24€7k€5k▼
Current assets29/58€5.57M€6.74M▲
Stocks and contracts in progress3€0-
Amounts receivable within one year40/41€5.46M€6.65M▲
Trade receivables40€186k€216k▲
Other amounts receivable41€5.28M€6.43M▲
Cash at bank and in hand54/58€2k€552▼
Deferred charges and accrued income490/1€108k€94k▼
Equity and liabilities
Total equity and liabilities10/49€16.78M€17.07M▲
Equity10/15€4.19M€4.27M▲
Contributions10/11€2.54M€2.54M=
Capital10€2.25M€2.25M=
Issued capital100€2.25M€2.25M=
Outside capital11€291k€291k=
Share premium1100/10€291k€291k=
Reserves13€1.91M€1.80M▼
Non-distributable reserves130/1€225k€225k=
Legal reserve130€225k€225k=
Tax-exempt reserves132€1.68M€1.58M▼
Profit (loss) carried forward14€-266k€-77k▲
Provisions and deferred taxes16€610k€575k▼
Provisions for liabilities and charges160/5€49k€49k=
Other liabilities and charges164/5€49k€49k=
Deferred taxes168€561k€526k▼
Amounts payable17/49€11.99M€12.22M▲
Amounts payable after more than one year17€10.74M€9.59M▼
Financial debts170/4€10.73M€9.59M▼
Credit institutions173€10.73M-
Other amounts payable178/9€5k€5k▲
Amounts payable within one year42/48€1.18M€2.55M▲
Current portion of amounts payable after more than one year42€956k€1.15M▲
Financial debts43€35k€1.25M▲
Credit institutions430/8€35k€1.25M▲
Trade debts44€171k€124k▼
Suppliers440/4€171k€124k▼
Taxes, remuneration and social security45€21k€23k▲
Taxes450/3€21k€23k▲
Other amounts payable47/48€1k€13k▲
Accrued charges and deferred income492/3€67k€81k▲
Income statement
Code20232024
Operating income70/76A€2.19M-
Turnover70€1.87M-
Other operating income74€29k-
Non-recurring operating income76A€295k€0▼
Operating charges60/66A€1.59M-
Services and other goods61€436k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€957k€963k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-170k€0▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€0-
Other operating charges640/8€357k€189k▼
Non-recurring operating charges66A€6k€0▼
Gross operating margin9900-€1.42M
Operating profit (loss)9901€607k€265k▼
Financial income75/76B€140k€173k▲
Recurring financial income75€140k€173k▲
Income from current assets751€140k-
Other financial income752/9€0-
Non-recurring financial income76B€0-
Financial charges65/66B€684k€390k▼
Recurring financial charges65€684k€390k▼
Debt charges650€352k-
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€0-
Other financial charges652/9€332k-
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€63k€48k▼
Transfer from deferred taxes780€35k€35k=
Profit (loss) for the period9904€98k€83k▼
Transfer from tax-exempt reserves789€106k€106k=
Profit (loss) for the period to be appropriated9905€204k€190k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-266k€-77k▲
Profit (loss) brought forward from the previous period14P€-471k€-266k▲
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €98k
Net result €98k after one loss-making year.
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €1.51M ▲8.7%
Net result €1.51M, the highest in the series.
28-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €1.39M
Net result €1.39M after 2 loss-making years.
31-12
Financial
Liquidity times 5current ratio 2.13
Current ratio from 0.41 to 2.13; short-term debt falls from €2.34M to €1.59M.
31-12
Financial
Equity above €2MEq €2.71M ▲105%
Equity rises from €1.32M to €2.71M.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
17-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 170 days late
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Denderleeuw · 1 establishment unit since 1992
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.
Wildebeekstraat 1479473 DenderleeuwGround area
1,343 m²
Building footprint
449 m²
Volume, LiDAR
2,312 m³
Parcel 41076B1122/00C000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IMMO TER WARENT
since 19922.057.822.534
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41076B1122/00C000 | Flanders | 1,343 m² | 1 · 449 m² | 8.8 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.
Recognitions · licences · registrations
Legal Entity Identifier
5493000YBWT9CGFONX17
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Of 12,016 companies in sector 68203 we hold annual accounts for 5,983. 2,853 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-12-1988
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.