WARFID GENT
InactiveNo longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline23-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 07-03-2022, 146 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
146 d early
2020
99 d early
2019
25 d early
← before the deadline
after the deadline →
Financials · fiscal year 2021, abbreviated schema
Equity
€206k▲ 627%
2020 · €28k
2018: €264k
2019: €68k
2020: €28k
2018 → 2021
Total assets
€1.01M▼ 1.3%
2020 · €1.02M
2018: €1.63M
2019: €1.22M
2020: €1.02M
2018 → 2021
Net result
€178k
2020 · €-40k
2018: €-22k
2019: €-196k
2020: €-40k
2018 → 2021
Working capital
€55k▼ 25.0%
2020 · €74k
2018: €-51k
2019: €93k
2020: €74k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€264k-€68k▼ 74.2%€28k▼ 58.4%€206k▲ 627%
Operating result€-11k-€-193k▼ 1,711%€-42k▲ 78.2%€173k
Net result€-22k-€-196k▼ 797%€-40k▲ 79.7%€178k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €173k after a loss of €42k in 2020, the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €1.01M
Fixed assets
€683k▼ 2.5%
Current assets
€327k▲ 1.3%
Equity and liabilities €1.01M
Equity
€206k▲ 627%
Debt
€804k▼ 19.3%
The debt ratio falls from 97.2% to 79.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€178k▲
2020 · €112k
Cash flow
€183k▲
2020 · €115k
Solvency
20.4%▲
2020 · 2.8%
Current ratio
1.20▼
2020 · 1.30
Quick ratio
1.20▼
2020 · 1.30
Debt / equity
2.58▼
2020 · 26.30
ROE
86.3%▲
2020 · -140.1%
ROA
17.6%▲
2020 · -3.9%
Debt
€804k▼
2020 · €995k
Debt ≤ 1 year
€272k▲
2020 · €249k
Debt > 1 year
€532k▼
2020 · €746k
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€1.02M€1.01M▼
Fixed assets21/28€700k€683k▼
Intangible fixed assets21€651k€650k▼
Tangible fixed assets22/27€49k€21k▼
Financial fixed assets28€322€12k▲
Current assets29/58€323k€327k▲
Amounts receivable within one year40/41€297k€282k▼
Cash at bank and in hand54/58€21k€37k▲
Equity and liabilities
Total equity and liabilities10/49€1.02M€1.01M▼
Equity10/15€28k€206k▲
Reserves13€30k€156k▲
Profit (loss) carried forward14€-52k€-12k▲
Amounts payable17/49€995k€804k▼
Amounts payable after more than one year17€746k€532k▼
Amounts payable within one year42/48€249k€272k▲
Trade debts44€76k€56k▼
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€154k€5k▼
Gross operating margin9900€459k€567k▲
Operating profit (loss)9901€-42k€173k▲
Recurring financial income75€7k€9k▲
Recurring financial charges65€5k€5k▲
Profit (loss) for the period before taxes9903€-40k€178k▲
Profit (loss) for the period9904€-40k€178k▲
Profit (loss) for the period to be appropriated9905€-40k€178k▲
Timeline · acts, filings and financial milestones
2022
07-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €178k
Net result €178k after 3 loss-making years.
31-12
Financial
Equity above €200kEq €206k ▲627%
Equity rises from €28k to €206k.
23-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-196k
Net result drops to €-196k, the lowest in the series.
07-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
13-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
19-05
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
16-04
State Gazette act
General meeting · Director resignation
Permanent representative · Auditor appointment
16-04
State Gazette act
General meeting · Director resignation
Permanent representative
2014
04-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
21-05
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2009
19-10
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
2008
31-07
State Gazette act
General meeting · Board meeting
Registered-office move · Director appointment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Connections & network
2 connected companiesNetwork connections
Shared director
→
Shared director
→
Ownership & control
1 partyWARFID GENTBE 0437.004.497
controls
Where this company holds controlthis company sits on their board1
9 locations
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 293 EUR awarded · 293 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 293 EUR | 293 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)