Warande Projects

Active

Private limited companyfounded 20242 yrs activeKardinaal Mercierstraat 10, 3290 Diest, BelgiumKBO/BCE: BE 1007.368.853

Summary

The computed 12-month bankruptcy probability of Warande Projects is 1.6% (moderate). The 2025 annual accounts show negative equity (-€55,564) and a net result of -€61,564. Its solvency ranks better than 5% of 9268 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysis Watch Report Compare

Warande ProjectsActiveChecked score 26/100

Risk analysis Report Compare

Checked score

Score 2025

26 / 100

Weak

Every signal that weighs is under Signals.

Axes

Profitability0

Solvency0

Growth-

Track record67

Bankruptcy probability, 12 months

1.6% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.4; short-term debt: 247.4% and cash: 19.9% of total assets), and equity is negative.

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Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

-147.4%

Return on assets

-163.3%

Age of the figures

9 mo

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

Real estate activities (NACE 68)

about 43% fewer bankruptcies

← fewer bankruptcies more bankruptcies →

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 1 filing

Deviation from the deadline

2025

24 d late

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

Warande Projects was incorporated on 20 March 2024 as a Private limited company.¹ Since 2026, Astrid HENDRICKX has served as non-statutory director of the company.² The company has filed annual accounts once, for fiscal year 2025.³

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Financials · fiscal year 2025, abbreviated schema

Equity

-€55,564

Total assets

€37,703

Net result

-€61,564

Working capital

-€55,564

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Key figures and ratios

2025 value

EBITDA

-€57,425

Cash flow

-€58,216

Solvency

-147.4%

Current ratio

0.40

Quick ratio

0.10

Debt to equity

-1.68

ROA

-163.3%

Interest coverage

-72.63

Debt

€93,267

Debt ≤ 1 year

€93,267

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2025 · 26 lines

Balance sheet Code2025

Assets

Total assets20/58€37,703

Current assets29/58€37,703

Stocks and contracts in progress3€28,545

Stocks30/36€28,545

Amounts receivable within one year40/41€1,638

Other amounts receivable41€1,638

Cash at bank and in hand54/58€7,520

Equity and liabilities

Total equity and liabilities10/49€37,703

Equity10/15-€55,564

Contributions10/11€6,000

Profit (loss) carried forward14-€61,564

Amounts payable17/49€93,267

Amounts payable within one year42/48€93,267

Trade debts44€7,767

Suppliers440/4€7,767

Other amounts payable47/48€85,500

Income statement Code2025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,348

Other operating charges640/8€787

Gross operating margin9900-€56,638

Operating profit (loss)9901-€60,773

Financial charges65/66B€791

Recurring financial charges65€791

Profit (loss) for the period before taxes9903-€61,564

Profit (loss) for the period9904-€61,564

Profit (loss) for the period to be appropriated9905-€61,564

Appropriation of the result

Profit (loss) to be appropriated9906-€61,564

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€3,348
Other operating charges640/8	€787
Gross operating margin9900	-€56,638
Operating profit (loss)9901	-€60,773
Financial charges65/66B	€791
Recurring financial charges65	€791
Profit (loss) for the period before taxes9903	-€61,564
Profit (loss) for the period9904	-€61,564
Profit (loss) for the period to be appropriated9905	-€61,564

Line	2025
Assets
Total assets20/58	€37,703
Current assets29/58	€37,703
Stocks and contracts in progress3	€28,545
Stocks30/36	€28,545
Amounts receivable within one year40/41	€1,638
Other amounts receivable41	€1,638
Cash at bank and in hand54/58	€7,520
Equity and liabilities
Total equity and liabilities10/49	€37,703
Equity10/15	-€55,564
Contributions10/11	€6,000
Profit (loss) carried forward14	-€61,564
Amounts payable17/49	€93,267
Amounts payable within one year42/48	€93,267
Trade debts44	€7,767
Suppliers440/4	€7,767
Other amounts payable47/48	€85,500

Line	2025
Profit (loss) for the period9904	-€61,564
+ Depreciation and write-downs630	€3,348
Operating cash flow (approximation)	-€58,216

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

All 2Gazette 1Filings 1

2026

21-09

State Gazette act Resignation: UNIQ WONEN (director)

Permanent representatives: Patrick KOSTER, Olivier HENDRICKX and Christopher KUMPEN · Appointment: Astrid HENDRICKX (non-statutory director)9 facts ▸

General meeting, 31-08-2026
Director resignation, UNIQ WONEN (director)
Permanent representative, Patrick KOSTER (permanent representative)
Director appointment, Astrid HENDRICKX (non-statutory director)
Permanent representative, Olivier HENDRICKX (permanent representative)
Director in office, Ginco Properties NV (director)
Director in office, Astrid HENDRICKX (director)
Permanent representative, Christopher KUMPEN (permanent representative)
Director in office, CK Red BV (director)

24-08

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 24 days late

State Gazette actNBB filing

1 of 2 acts read

About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors

1 director, last change in 2026

Astrid HENDRICKX

Non-statutory director · since 21-09-2026

Current

21-09-2026 Astrid HENDRICKX: Appointed as Non-statutory director

21-09-2026 UNIQ WONEN: Resigned as Director

See the board, name and seat on a given date →

Not every act has been read: a resignation may be missing here

1 of this company's 2 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.

Location & real-estate footprint

Registered office, Diest · 1 establishment unit since 2024

seat establishment approximate The establishment unit on the map

Ground area

799 m²

Building footprint

250 m²

Volume, LiDAR

1,970 m³

Parcel 24020A0676/00T000, Flanders · tallest building 16.5 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

Warande Projects

Kardinaal Mercierstraat 10, 3290 DiestReal estate development

since 20242.358.566.381

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
24020A0676/00T000indicative ProtectedMonumentClassicistisch herenhuisSource ↗	Flanders	799 m²	1 · 250 m²	16.5 m · 3 fl.

Linked by address, not proof of ownership

Good to know

0 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Structure & network

Connections & network

2 connected companies

Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Linked via shared directors

Kruisheren Diest

via Astrid HENDRICKX · Niet statutaire bestuurder van groep b

→

Sint-Barbara Diest

via Astrid HENDRICKX · Niet statutaire bestuurder van groep b

→

Similar companies · same sector and region

ALVAST

BE 0873.312.477

Diest

Bouw-Atelier Golsteyn

BE 0726.535.443

Diest

BOUWPROMOTIE E. DILLEN

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,698 companies in sector 68121 we hold annual accounts for 7,385. See the whole sector

Identification & contact

Identification

Legal formPrivate limited company

Founded20-03-2024

Fiscal year end31-12

Activities, NACEBEL 2025

68121Development of residential building projects

Scores and ratios are computed by Checked and are not a credit decision.