WARCOING SUCRE
ActiveSummary
WARCOING SUCRE has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.07M and a net result of €788k. Equity is growing by ~51% per year across the filed fiscal years. Its solvency ranks better than 25% of 4539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+60
Solvency37▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity short (current ratio 0.93 against 0.88 in 2024; short-term debt: 88% and cash: 0.2% of total assets), and 88% 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+raises 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 2025Solvency, return and age of the figures
Solvency
12%
Return on assets
8.9%
Age of the figures
13 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 12-12-2025, 109 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
109 d early
2024
on the day
2023
13 d early
2022
2 d early
2021
6 d early
2020
2 d early
2019
125 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-08-2026 and is due by 31-03-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-08-2026 close24-09-2026 today31-03-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€788k▲ 1,111%
2024 · €65k
2019: €56k
2020: €365k
2021: €269k
2022: €522k
2023: €511k
2024: €65k
2019 → 2025
Working capital
€-562k▲ 45.6%
2024 · €-1.03M
2019: €-1.45M
2020: €-1.96M
2021: €-1.66M
2022: €-1.17M
2023: €-662k
2024: €-1.03M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-818k-€-295k▲ 63.9%€216k€281k▲ 30.2%€1.07M▲ 281%
Operating result€140k-€210k▲ 50.4%€32k▼ 84.7%€-88k€734k
Net result€269k-€522k▲ 94.5%€511k▼ 2.2%€65k▼ 87.3%€788k▲ 1,111%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €734k after a loss of €88k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.88M
Fixed assets
€1.63M ▲ 24.1%
Current assets
€7.25M ▼ 0.7%
Equity and liabilities €8.88M
Equity
€1.07M ▲ 281%
Debt
€7.82M ▼ 6.3%
Debt's share of the balance-sheet total falls from 96.7% to 88.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€740k▲
2024 · €-87k
Cash flow
€794k▲
2024 · €66k
Current ratio
0.93▲
2024 · 0.88
Debt to equity
7.31▼
2024 · 29.69
ROE
73.7%▲
2024 · 23.2%
ROA
8.9%▲
2024 · 0.8%
Interest coverage
72.73▲
2024 · -0.13
Debt ≤ 1 year
€7.82M▼
2024 · €8.34M
Income taxes
€241k▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€8.62M€8.88M▲
Fixed assets21/28€1.31M€1.63M▲
Tangible fixed assets22/27€3k€25k▲
Furniture and vehicles24€3k€25k▲
Financial fixed assets28€1.31M€1.61M▲
Current assets29/58€7.30M€7.25M▼
Amounts receivable within one year40/41€7.17M€7.24M▲
Trade receivables40€74k€17k▼
Other amounts receivable41€7.10M€7.22M▲
Cash at bank and in hand54/58€132k€14k▼
Deferred charges and accrued income490/1€60€174▲
Equity and liabilities
Total equity and liabilities10/49€8.62M€8.88M▲
Equity10/15€281k€1.07M▲
Contributions10/11€669k€669k=
Capital10€669k€669k=
Issued capital100€669k€669k=
Reserves13€115k€115k=
Non-distributable reserves130/1€81k€81k=
Legal reserve130€67k€67k=
Reserves not available under the articles1311€15k€15k=
Tax-exempt reserves132€34k€34k=
Profit (loss) carried forward14€-503k€285k▲
Amounts payable17/49€8.34M€7.82M▼
Amounts payable within one year42/48€8.34M€7.82M▼
Trade debts44€19k€29k▲
Suppliers440/4€19k€29k▲
Taxes, remuneration and social security45-€241k
Taxes450/3-€241k
Other amounts payable47/48€8.32M€7.55M▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€6k▲
Other operating charges640/8€117k€3k▼
Gross operating margin9900€31k€742k▲
Operating profit (loss)9901€-88k€734k▲
Financial income75/76B€818k€305k▼
Recurring financial income75€818k€305k▼
Financial charges65/66B€665k€10k▼
Recurring financial charges65€665k€10k▼
Profit (loss) for the period before taxes9903€65k€1.03M▲
Income taxes67/77€0€241k▲
Profit (loss) for the period9904€65k€788k▲
Profit (loss) for the period to be appropriated9905€65k€788k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-503k€285k▲
Profit (loss) brought forward from the previous period14P€-568k€-503k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
12-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
31-08
Financial
Highest result since 2019net €788k ▲1111%
Operating result €734k, net result €788k, both a record.
31-08
Financial
Equity above €1MEq €1.07M ▲281%
7 profitable years in a row build equity to €1.07M.
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
18-03
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-08
Financial
Equity above €200kEq €216k
5 profitable years in a row build equity to €216k.
29-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
25-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
29-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
23-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
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, Watermaal-Bosvoorde · 1 establishment unit since 2004
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.
Vorstlaan 981170 Watermaal-BosvoordeGround area
3,006 m²
Building footprint
137 m²
Volume, LiDAR
1,081 m³
2 parcels, Brussels · tallest building 17.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
WARCOING SUCRE
since 20042.137.881.681
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0149/00W000 | Brussels | 1,666 m² | - | - |
| 21017D0296/00T003 | Brussels | 1,340 m² | 1 · 137 m² | 17.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,320 companies in sector 68110 we hold annual accounts for 5,381. 3,183 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-01-2004
Fiscal year end31-08
Activities, NACEBEL 2025
68110Buying and selling of own real estate
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.