Equity
€69,788 ▲ 10.7%
WARMAR paid out €12,712 in dividends. That is 65% of the 2025 profit.
WARMAR
Lifetime
9 annual accounts with figures on one time axispeak €51,065 (2025)
€51,065▲ 85.6%
lowest -€3,189 (2020)
€19,429▲ 124%
peak €69,788 (2025)
€69,788▲ 10.7%
€52,255▲ 144%
Board2 names since 2015
2 directorsErwin CORRYNEN and 1 other
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Gross margin from €27,510 to €51,065Result from €8,657 to €19,429Dividend €12,712Debts from €21,375 to €52,255Investments €53,170
Key points
from the 2025 annual accountsInvestments
€53,170 2.5 × depreciation
Green is investment, beige is depreciation.
Filings
9 annual accounts 61 days
Latest accounts filed late: after the legal deadline.
Checked score
72
Healthy
Financially stronger than 67% of micro companies in civil engineering (NACE 42)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.8% across 1,866 companies (NACE 42, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.5%▼ -0.1 percentage points vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.5%● unchanged vs 06-2025
08-2025: 0.9%▲ +0.4 percentage points vs 07-2025highest value
09-2025: 0.5%▼ -0.4 percentage points vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.4%▼ -0.1 percentage points vs 02-2026lowest value
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.7%▲ +0.3 percentage points vs 07-2026
09-2026: 0.9%▲ +0.2 percentage points vs 08-2026
10-2026: 0.6%▼ -0.3 percentage points vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 61 days late; 3 of the last 3 accounts late
Size: total assets €122,043
lowers risk
Liquidity: current ratio 2.16, cash €28,898
Equity €69,788 (57.2% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 42, micro). It does better than 64% of them on solvency, 76% on liquidity, 71% on profitability and 56% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as WARMAR has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of WARMAR itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for WARMAR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.16 (10.51 in 2024), above the usual 1.5. Short-term debt is 19.5% and cash 23.7% of total assets. 42.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filingsDeviation from the deadline
2025
61 days late
2024
31 days late
2023
31 days late
2022
32 days late
2021
31 days late
2020
61 days late
2019
153 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 57 days after the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 September (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0636875076
2 managers resigning, 2 directors reappointed
Resignations: Erwin CORRYNEN (manager) and Lianda HUEGENS (manager) · Reappointments: Erwin CORRYNEN and Lianda HUEGENS · “Bleken,verven,voorbereiden en bedrukken(zeefdrukken)van textielvezels,garens,weefsels,stoffen en…” (deed in Dutch) · Gazette deed
Incorporation
published on 10-09-2015 · Gazette deed
First establishment
Brazilianenstraat 45, Antwerp
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WARMAR Antwerp | €122,043 | €51,065 | 57.2% | - |
| A!_CONSULT Antwerp | €102,738 | €53,272 | 52.2% | - |
| Wim Truyers Kasseien Heusden-Zolder | €141,490 | €53,226 | 86.6% | - |
| MARC ASFALT Bruges | €133,240 | €44,389 | 74.7% | - |
| VAN BEVEREN Mechelen | €190,355 | €57,213 | 45.1% | - |
| Vloer- & tegelwerken Clynmans Olen | €130,497 | €38,797 | 66.9% | - |
| EYLETTERS TRANSPORT Schoten | €175,693 | €57,391 | 52.2% | - |
These companies have the same main activity as WARMAR: construction of roads and motorways (NACE 42110). They are comparable in size and age: total assets between €103,000 and €190,000, founded between 2010 and 2018.
Official details
Source: KBO- Status
- Active since 08-09-2015Normal situation
- Activity
- Construction of roads and motorwaysNACE 42110
- Establishment unit
- 2.245.488.2362040 Antwerp, since 08-09-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2025
Insights on WARMAR
WARMAR files the micro format. That format states no turnover. The gross margin rose from €21,431 in 2016 to €51,065 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about WARMAR
- What is the company number of WARMAR?
- The company number of WARMAR is 0636.875.076. The VAT number is the same number with BE in front: BE 0636.875.076.
- Where is WARMAR based?
- The registered office is at Brazilianenstraat 45, 2040 Antwerp.Company details
- What does WARMAR do?
- According to the KBO register, the main activity is construction of roads and motorways (NACE 42110).
- What is the legal form of WARMAR?
- WARMAR is a private limited company (BV).
- When was WARMAR founded?
- WARMAR was founded on 08-09-2015.
- Is WARMAR still active?
- Yes, WARMAR is an active enterprise in the KBO register.
- What is the turnover of WARMAR?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €51,065 and 2,666 comparable companies of the same size. It probably lies between €100,000 and €270,000. It is a rough estimate.Financials
- Is WARMAR profitable?
- In financial year 2025, WARMAR made a profit of €19,429.
- Where can I find the annual accounts of WARMAR?
- WARMAR filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WARMAR due?
- WARMAR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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