WARDENIER
ActiveThe computed 12-month bankruptcy probability of WARDENIER is 2.1% (moderate). The 2024 annual accounts show equity of €137k and a net result of €-19k. Equity is growing by ~16.8% per year across the filed fiscal years. Its solvency ranks better than 72% of 18942 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
57
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability59▼-1
Solvency81▼-10
Growth52=
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days only on tighter terms
Liquidity tight (current ratio 1.43 against 2.23 in 2023; short-term debt: 37.2% and cash: 10.5% of total assets), and 44.4% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · 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 2024Solvency, return and age of the figures
Solvency
55.6%
Return on assets
-7.6%
Age of the figures
21 mo
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
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-19k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-12-2025, 141 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
141 d late
2023
37 d early
2022
34 d early
2021
36 d early
2020
59 d late
2019
38 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€588k
EBIT margin
7.7%
Net result
€-19k▼ 9.2%
2023 · €-17k
2018: €24k
2019: €16k
2020: €9k
2021: €98k
2022: €25k
2023: €-17k
2018 → 2024
Working capital
€39k▼ 51.1%
2023 · €80k
2018: €-41k
2019: €-145
2020: €-25k
2021: €18k
2022: €81k
2023: €80k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€95k-€148k▲ 56.0%€173k▲ 16.9%€156k▼ 9.9%€137k▼ 12.0%
Operating result€4k-€128k▲ 3,058%€38k▼ 70.5%€-17k€-16k▲ 2.5%
Net result€9k-€98k▲ 957%€25k▼ 74.5%€-17k€-19k▼ 9.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €16k in 2024 against €17k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €247k
Fixed assets
€116k▲ 24.9%
Current assets
€131k▼ 9.7%
Equity and liabilities €247k
Equity
€137k▼ 12.0%
Debt
€110k▲ 33.7%
The debt ratio rises from 34.5% to 44.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€22k▲
2023 · €11k
Cash flow
€20k▲
2023 · €11k
Solvency
55.6%▼
2023 · 65.5%
Current ratio
1.43▼
2023 · 2.23
Quick ratio
1.28▼
2023 · 2.12
Debt / equity
0.80▲
2023 · 0.53
ROE
-13.6%▼
2023 · -11.0%
ROA
-7.6%▼
2023 · -7.2%
Interest coverage
10.30▲
2023 · 6.60
Debt
€110k▲
2023 · €82k
Debt ≤ 1 year
€92k▲
2023 · €65k
Debt > 1 year
€17k=
2023 · €17k
Income taxes
€0▼
2023 · €848
Staff costs
€175k▼
2023 · €221k
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€238k€247k▲
Fixed assets21/28€93k€116k▲
Intangible fixed assets21€23k€19k▼
Tangible fixed assets22/27€70k€97k▲
Plant, machinery and equipment23€23k€52k▲
Furniture and vehicles24€11k€6k▼
Leasing and similar rights25€8k€3k▼
Other tangible fixed assets26€29k€36k▲
Current assets29/58€145k€131k▼
Stocks and contracts in progress3€7k€13k▲
Stocks30/36€7k€13k▲
Amounts receivable within one year40/41€17k€4k▼
Trade receivables40€13k€0▼
Other amounts receivable41€4k€4k▲
Current investments50/53€85k€85k=
Cash at bank and in hand54/58€35k€26k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€238k€247k▲
Equity10/15€156k€137k▼
Contributions10/11€20k€20k=
Capital10€20k-
Issued capital100€20k-
Reserves13€93k€93k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k-
Reserves not available under the articles1311-€2k
Distributable reserves133€91k€91k=
Profit (loss) carried forward14€43k€24k▼
Amounts payable17/49€82k€110k▲
Amounts payable after more than one year17€17k€17k=
Financial debts170/4€17k€17k=
Amounts payable within one year42/48€65k€92k▲
Current portion of amounts payable after more than one year42€13k€28k▲
Trade debts44€8k€15k▲
Suppliers440/4€8k€15k▲
Taxes, remuneration and social security45€29k€33k▲
Taxes450/3€6k€8k▲
Remuneration and social security454/9€23k€25k▲
Other amounts payable47/48€14k€17k▲
Accrued charges and deferred income492/3-€816
Income statement
Code20232024
Remuneration, social security and pensions62€221k€175k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€39k▲
Other operating charges640/8€4k€1k▼
Non-recurring operating charges66A-€0
Gross operating margin9900€236k€198k▼
Operating profit (loss)9901€-17k€-16k▲
Financial income75/76B€3k€0▼
Recurring financial income75€539€0▼
Non-recurring financial income76B€3k-
Financial charges65/66B€3k€2k▼
Recurring financial charges65€2k€2k▲
Non-recurring financial charges66B€1k-
Profit (loss) for the period before taxes9903€-16k€-19k▼
Income taxes67/77€848€0▼
Profit (loss) for the period9904€-17k€-19k▼
Profit (loss) for the period to be appropriated9905€-17k€-19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€43k€24k▼
Profit (loss) brought forward from the previous period14P€60k€43k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 141 days late
2024
31-12
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 2.24
Current ratio from 1.11 to 2.24; short-term debt falls from €172k to €65k.
31-12
Financial
Equity above €150kEq €173k ▲16.9%
5 profitable years in a row build equity to €173k.
25-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €98k ▲957%
Operating result €128k, net result €98k, both a record.
31-12
Financial
Equity above €100kEq €148k ▲56%
4 profitable years in a row build equity to €148k.
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 59 days late
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
14-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Gent · 1 establishment unit since 2020
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.
Sint-Salvatorstraat 19000 GentGround area
181 m²
Building footprint
194 m²
Volume, LiDAR
1,589 m³
Parcel 44021A2101/00R000, Flanders · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
The Wan & Only
since 20202.303.289.249
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44021A2101/00R000 | Flanders | 181 m² | 1 · 194 m² | 13.1 m · 3 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
2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.303.289.249
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LUPAN
BE 0431.343.261
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't VOLKSHUIS
BE 0829.520.343
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ORIENT EUPEN
BE 0719.756.034
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Wizards@Work
BE 0740.603.017
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 9,181 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-06-2014
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.