WARM
WARM is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €1k and a net result of €-296. Equity is shrinking by ~128.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 8% of 1396 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €1k |
| Net result | €-296 |
| Better than sector | 8% |
| Active | 4 yrs |
Fragile profile, watch health in particular.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 0.0% | 37.1% | |
| Net result | €-296 | €46k | |
| Equity | €1k | €362k | |
| Gross operating margin | €-2k | €65k | |
| Employees (FTE) | 0.0 | 0.0 |
| Fiscal year | 2024 |
|---|---|
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €-296 |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €3.44M |
| Equity | €1k |
| Debt | €3.44M |
| of which ≤ 1y | €3k |
| of which > 1y | €3.26M |
| Working capital | n/a |
| Employees (FTE) | 0.0 |
| 2024 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 0.0% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | 0.0% |
| ROE | -25.4% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3.44M |
| Fixed assets | 21/28 | €3.21M |
| Formation expenses | 20 | €764 |
| Intangible fixed assets | 21 | €345k |
| Financial fixed assets | 28 | €2.87M |
| Current assets | 29/58 | €224k |
| Amounts receivable within one year | 40/41 | €1 |
| Cash & bank | 54/58 | €54k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.44M |
| Equity | 10/15 | €1k |
| Contributions / capital | 10/11 | €10k |
| Accumulated profits (losses) | 14 | €-9k |
| Amounts payable | 17/49 | €3.44M |
| Amounts payable after one year | 17 | €3.26M |
| Amounts payable within one year | 42/48 | €3k |
| Trade debts payable within one year | 44 | €3k |
| Income statement | ||
| Gross operating margin | 9900 | €-2k |
| Operating result | 9901 | €-3k |
| Financial income | 75 | €116k |
| Financial charges | 65 | €114k |
| Result before taxes | 9903 | €-296 |
| Net result for the period | 9904 | €-296 |
| Result to be appropriated | 9905 | €-296 |
| NACE primary | Financial services(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 09-05-2022 |
| Status | Active |
| Postal code | 2300 |
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. |
|---|---|---|---|---|
| 13453O0027/00S003 | Flanders | 9,976 m² | 1 · 637 m² | 9.8 m |
| 13046C0011/00C015 | Flanders | 1,368 m² | 1 · 150 m² | 7.3 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
15-05-2023 Registered office moved from Vosselaar to Turnhout
- De Populierkens 1, 2350 Vosselaar → Kempenlaan 2A, 2300 Turnhout
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Kempenlaan 2A, 2300 Turnhout",
"city": "Turnhout",
"region": "vlaams_gewest",
"street": "Kempenlaan",
"country": "BE",
"postcode": "2300",
"box_number": null,
"street_number": "2A",
"locality_suffix": null
},
"old_address": {
"raw": "De Populierkens 1, 2350 Vosselaar",
"city": "Vosselaar",
"region": "vlaams_gewest",
"street": "De Populierkens",
"country": "BE",
"postcode": "2350",
"box_number": null,
"street_number": "1",
"locality_suffix": null
},
"effective_date": "2023-02-09",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-05-15",
"filing_date": "2023-05-04",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2023-03-20",
"unanimous": true
},
"subject_company": {
"kbo": "0785.848.765",
"name_full": null,
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Debora Nijs-Demeulemeester",
"org_rep_person_name": null,
"person_role_at_subject": "Bijzonder gevolmachtigde"
},
"co_filed_documents": [
"uittreksel uit de notulen van de raad van bestuur d.d. 20/03/2023"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | WARM |