WAREN
ActiveWAREN has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €157k and a net result of €25k. Equity is growing by ~23.1% per year across the filed fiscal years. Its solvency ranks better than 94% of 7697 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
94
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 18.7 against 15.19 in 2024; short-term debt: 5.3% and cash: 95.6% of total assets), and 5.3% 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 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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
94.7%
Return on assets
15.1%
Age of the figures
9 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 10 filingsDeviation from the deadline
2025
25 d late
2024
25 d late
2023
27 d late
2022
30 d late
2021
17 d late
2020
11 d early
2019
21 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€157k▲ 7.8%
2024 · €145k
2018: €39k
2019: €53k
2020: €64k
2021: €80k
2022: €100k
2023: €122k
2024: €145k
2018 → 2025
Total assets
€165k▲ 6.4%
2024 · €155k
2018: €51k
2019: €70k
2020: €70k
2021: €87k
2022: €107k
2023: €129k
2024: €155k
2018 → 2025
Net result
€25k▲ 9.1%
2024 · €23k
2018: €8k
2019: €14k
2020: €14k
2021: €17k
2022: €20k
2023: €22k
2024: €23k
2018 → 2025
Working capital
€156k▲ 8.3%
2024 · €144k
2018: €37k
2019: €51k
2020: €51k
2021: €78k
2022: €99k
2023: €120k
2024: €144k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€80k-€100k▲ 24.6%€122k▲ 22.3%€145k▲ 18.7%€157k▲ 7.8%
Operating result€23k-€27k▲ 18.0%€33k▲ 20.1%€32k▼ 3.9%€37k▲ 16.3%
Net result€17k-€20k▲ 18.5%€22k▲ 12.9%€23k▲ 2.5%€25k▲ 9.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 16% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €165k
Fixed assets
€994▼ 39.1%
Current assets
€164k▲ 6.9%
Equity and liabilities €165k
Equity
€157k▲ 7.8%
Debt
€9k▼ 13.2%
The debt ratio falls from 6.5% to 5.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€37k▲
2024 · €32k
Cash flow
€26k▲
2024 · €24k
Solvency
94.7%▲
2024 · 93.5%
Current ratio
18.70▲
2024 · 15.19
Quick ratio
18.70▲
2024 · 15.19
Debt / equity
0.06▼
2024 · 0.07
ROE
15.9%▲
2024 · 15.8%
ROA
15.1%▲
2024 · 14.7%
Interest coverage
738.64▲
2024 · 737.10
Debt
€9k▼
2024 · €10k
Debt ≤ 1 year
€9k▼
2024 · €10k
Income taxes
€12k▲
2024 · €9k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€155k€165k▲
Fixed assets21/28€2k€994▼
Tangible fixed assets22/27€2k€994▼
Land and buildings22€561€467▼
Furniture and vehicles24€1k€527▼
Current assets29/58€154k€164k▲
Amounts receivable within one year40/41€9k€6k▼
Trade receivables40€9k€6k▼
Cash at bank and in hand54/58€144k€158k▲
Deferred charges and accrued income490/1€374€387▲
Equity and liabilities
Total equity and liabilities10/49€155k€165k▲
Equity10/15€145k€157k▲
Contributions10/11€6k€6k=
Reserves13€139k€150k▲
Distributable reserves133€139k€150k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€10k€9k▼
Amounts payable within one year42/48€10k€9k▼
Trade debts44€391€118▼
Suppliers440/4€391€118▼
Taxes, remuneration and social security45€4k€6k▲
Taxes450/3€4k€6k▲
Other amounts payable47/48€6k€3k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€638€638=
Other operating charges640/8€528€544▲
Gross operating margin9900€33k€38k▲
Operating profit (loss)9901€32k€37k▲
Financial charges65/66B€44€50▲
Recurring financial charges65€44€50▲
Profit (loss) for the period before taxes9903€31k€37k▲
Income taxes67/77€9k€12k▲
Profit (loss) for the period9904€23k€25k▲
Profit (loss) for the period to be appropriated9905€23k€25k▲
Appropriation of the result
Profit (loss) to be appropriated9906€23k€25k▲
Transfer from equity791/2-€14k
Transfer to equity691/2€23k€25k▲
To other reserves6921€23k€25k▲
Profit to be distributed694/7-€14k
Return on contributions (dividend)694-€14k
The notes to these accounts (5 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
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
31-12
Financial
Highest result since 2018net €25k ▲9.1%
Operating result €37k, net result €25k, both a record.
31-12
Financial
Equity above €150kEq €157k ▲7.8%
8 profitable years in a row build equity to €157k.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Equity above €100kEq €100k ▲24.6%
5 profitable years in a row build equity to €100k.
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 13.85
Current ratio from 4.18 to 13.85; short-term debt falls from €16k to €6k.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
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 2009
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.
Mahoniestraat 259030 GentGround area
842 m²
Building footprint
167 m²
Volume, LiDAR
654 m³
Parcel 44017A1168/00D000, Flanders · tallest building 5.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
WAREN
since 20092.177.272.094
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44017A1168/00D000 | Flanders | 842 m² | 1 · 167 m² | 5.3 m · 1 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.
Similar companies · same sector, comparable size
M3 Adco
BE 0780.592.058
Grobbendonk · Eq €157k
MIENAS
BE 0753.817.880
Eeklo · Eq €157k
MONDIALA
BE 0680.890.213
Lede · Eq €157k
Spiced Up
BE 0695.964.904
Wingene · Eq €156k
WVLW
BE 0720.755.035
Bever · Eq €157k
Of 24,497 companies in sector 82990 we hold annual accounts for 9,397. 7,102 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-03-2009
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.