WAREM
The computed 12-month bankruptcy probability of WAREM is 2.1% (moderate). The 2021 annual accounts show negative equity (€-69k) and a net result of €-89k. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-69k |
| Net result | €-89k |
| Active | 5 yrs |
| Locations | 1 |
Mixed profile: strong on stability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Fiscal year | 2021 |
|---|---|
| Revenue | €33k |
| EBITDA | €-71k |
| Net profit | €-89k |
| Cash flow | €-77k |
| Staff costs | €368 |
| Income taxes | - |
| Dividends | - |
| Total assets | €656k |
| Equity | €-69k |
| Debt | €725k |
| of which ≤ 1y | €260k |
| of which > 1y | €465k |
| Working capital | €187k |
| Employees (FTE) | - |
| 2021 | |
|---|---|
| Current ratio | 1.72 |
| Quick ratio | 0.10 |
| Working capital ratio | 28.4% |
| Solvency | -10.5% |
| Debt / equity | -10.54 |
| Long-term debt ratio | -6.76 |
| Interest coverage | -12.20 |
| Gross margin | -209.9% |
| Net margin | -265.4% |
| ROA | -13.5% |
| ROE | 129.1% |
| EBITDA margin | -213.0% |
| Days sales outstanding | 267d |
| Days payable outstanding | 14d |
| Inventory turnover | 0.25 |
| Days inventory (DSI) | 1483d |
| Line item | Code | 2021 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €656k |
| Fixed assets | 21/28 | €210k |
| Intangible fixed assets | 21 | €2k |
| Tangible fixed assets | 22/27 | €208k |
| Current assets | 29/58 | €446k |
| Stocks & contracts in progress | 3 | €421k |
| Amounts receivable within one year | 40/41 | €25k |
| Cash & bank | 54/58 | €311 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €656k |
| Equity | 10/15 | €-69k |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €-89k |
| Amounts payable | 17/49 | €725k |
| Amounts payable after one year | 17 | €465k |
| Amounts payable within one year | 42/48 | €260k |
| Trade debts payable within one year | 44 | €4k |
| Income statement | ||
| Turnover | 70 | €33k |
| Gross operating margin | 9900 | €-70k |
| Operating result | 9901 | €-83k |
| Financial income | 75 | €371 |
| Financial charges | 65 | €6k |
| Result before taxes | 9903 | €-89k |
| Net result for the period | 9904 | €-89k |
| Result to be appropriated | 9905 | €-89k |
| NACE primary | Real estate activities(68110) |
| Legal form | Private limited company(610) |
| Incorporation | 14-08-2020 |
| Status | Active |
| Postal code | 2950 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11362M0171/00V000 | Flanders | 606 m² | 1 · 75 m² | 8.0 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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| Legal nameNL | WAREM |